Princeton Softech, the market leader in enterprise database archiving, announced the general availability of Archive for DB2 PeopleSoft Edition. PeopleSoft DB2 mainframe sites can now take advantage of comprehensive database archiving capabilities and predefined archive templates including business objects such as vouchers, ledgers and payroll. Archive templates separate current from historical transactions safely and make it easy to implement database archiving without incurring the expense and risk of additional technical design and development. Driven by government-regulated data retention requirements and the exponential growth of enterprise data, companies are storing more inactive, historical data online in PeopleSoft DB2 databases than ever before. This excess degrades performance, limits availability, increases costs and makes PeopleSoft upgrades more labor intensive. Archiving is an effective strategy for reducing storage and data retention compliance costs.
"The next three years will see a dramatic increase in the capacity of records created and retained for compliance-related purposes," said Peter Gerr, senior analyst at Enterprise Storage Group (ESG). "ESG's recent Impact (TM) Report on Compliance highlighted this trend showing the worldwide capacity of compliance-related records increasing from 376 PB in 2003 to more than 1,600 PB by 2006, a CAGR of 64 percent. Although addressing regulatory compliance is a critical issue, the management of all valuable data should be part of a larger discussion around data or information lifecycle management (DLM/ILM). A critical component of an effective DLM/ILM strategy involves database archiving, which enables data to be archived based on its business value over time, thereby reducing storage costs, improving data management and keeping data accessible throughout its life cycle."
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