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CORRECTING and REPLACING TTX Company Recognized as a CIO 100 Award Winner
|By Business Wire
|June 2, 2014 01:48 PM EDT
Please replace the release with the following corrected version due to
The corrected release reads:
TTX COMPANY RECOGNIZED AS A CIO 100 AWARD WINNER
America’s Leading Transportation Logistics Provider Recognized for
Technology Innovation Leveraging Actifio’s Copy Data Virtualization
magazine today announced TTX
Company, one of the nation’s leading transportations logistics and
railcar providers, as a recipient of the 2014 CIO 100 award. The 27th
annual award program recognizes organizations around the world that
exemplify the highest level of operational and strategic excellence in
information technology (IT).
"For 27 years now, the CIO 100 awards have honored the innovative use of
technology to deliver genuine business value," said Maryfran Johnson,
Editor in Chief of CIO magazine & Events. "Our 2014 winners are an
outstanding example of the transformative power of IT to drive
everything from revenue growth to competitive advantage."
“This award is a testament to the work we’ve done implementing
innovative technology like Actifio’s
copy data virtualization platform throughout our business,” said Bruce
Schinelli, CIO, TTX. “These technologies have helped us make dramatic
improvements in operating our business in recent years; enhancing our
systems to track, analyze and perform maintenance on our railcars as
well as other tasks, without causing disruptions to the services we
provide our customers and the industry. Being recognized as one of the
CIO 100 Award winners is a wonderful acknowledgement of that investment
and hard work.”
TTX implemented Actifio’s copy data virtualization platform in September
2013 to cut infrastructure costs by over one million dollars, to improve
the availability of their mission critical databases and to speed the
development of new capabilities. Since deploying Actifio, TTX has
eliminated multiple separate data protection and data management
technologies while providing faster analytics without impacting
production systems. TTX has saved on its storage capacity dedicated for
non-production copies and is well on its way to realize a 127 percent
return on investment by the end of year three.
“Nothing delights us more than helping customers who embrace our
technology transform their copy data management model, and their
business,” said Ash Ashutosh, Actifio’s Founder and CEO. “We’re proud to
have played a small role in TTX’s recent success, and congratulate the
TTX team for the vision and quality of execution that enabled them to
win this prestigious award. As a longstanding partner of TTX, we’re
excited about the new ways they are already leveraging the power of our
virtualization platform to drive business resiliency, agility, and
movement toward the cloud across their enterprise.”
About the CIO 100
The recipients of this year's CIO 100 award were selected through a
three-step process. First, companies filled out an online application
form detailing their innovative IT and business initiatives. Next, a
team of judges reviewed the applications in depth, looking for unique
practices and substantial results. Finally, CIO editors reviewed the
judges' recommendations and voted on the final 100.
Complete coverage of the 2014 CIO 100 awards will be online at http://www.cio100.com/
on August 1, 2014 and in the August 1st issue of CIO magazine.
Executives from the winning companies will be recognized at the CIO 100
Symposium & Awards Ceremony, to be held Tuesday evening, Aug. 19 at the
Terranea Resort in Rancho Palos Verdes, California.
TTX Company is a leading provider of railcars and related freight car
management services to the North American rail industry. TTX’s pool of
railcars—over 200,000 cars strong—is ideal for supporting shippers in
the intermodal automotive paper & forest, metals, machinery, wind energy
and other markets where flatcars, boxcars and gondolas are required.
Owned by North America’s leading railroads, TTX’s free-running pools
provide fungible assets that minimize total empty miles, further
lowering costs and minimizing risk for the industry and helping the
railroads conserve their capital for other critical infrastructure
needs. Customers easily recognize TTX’s yellow cars as a consistent,
high quality, well-maintained fleet that serves many transportation needs
Actifio delivers copy data virtualization to hundreds of global
enterprise customers and service provider partners in more than 30
countries around the world. Our Virtual Data Pipeline™ technology
decouples data from infrastructure, enabling dramatic improvements in
business resiliency, agility, and access to the cloud. Actifio replaces
siloed data management applications with a radically simple,
application-centric, SLA-driven approach that lets customers capture
data from production applications, manage it more economically, and use
it when and where they need to. Actifio is headquartered just outside
Boston, Massachusetts, and can be reached via the web (actifio.com)
Twitter (@actifio) or email at [email protected].
About CIO Magazine
CIO is the premier content and community resource for information
technology executives and leaders thriving and prospering in this
fast-paced era of IT transformation in the enterprise. The award-winning
CIO portfolio—CIO.com, CIO magazine (launched in 1987), CIO executive
programs, CIO custom solutions, CIO Forum on LinkedIn, CIO Executive
Council and CIO primary research—provides business technology leaders
with analysis and insight on information technology trends and a keen
understanding of IT’s role in achieving business goals. Additionally,
CIO provides opportunities for IT solution providers to reach this
executive IT audience. The CIO Executive Council is a professional
organization of CIOs created to serve as an unbiased and trusted peer
advisory group. CIO is published by IDG Enterprise, a subsidiary of
International Data Group (IDG), the world’s leading media, events, and
research company. Company information is available at http://www.idgenterprise.com/.
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