BOSTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
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 Platform
IDG’s CIO 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 firstname.lastname@example.org.
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/.