Storage

Dell Technologies launches new PowerMax storage option

Last week, ComSource President, Jim Carrick and Chief Technology Officer, Rami Hyary attended Dell's Annual conference, Dell Technologies World, in Las Vegas. The trade show attracted over 14,000 attendees, including customers, press and channel partners. 

Dell EMC announced their new PowerMax storage option, which will take place of their previous VMAX. 

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The PowerMax is designed for traditional and mission critical applications and contains built-in machine learning, or in other words, autonomous storage. PowerMax is the world’s fastest storage array, with more than 50 per cent better response times than the previous VMAX, two times faster than the nearest competitor. It can also perform up to 10 million input, output operations per second.

“You can make a seamless shift from your current array to this powerhouse, and it does all this without the aid of a storage administrator" Jeff Clarke, Vice Chairman of Products and Operations noted in his keynote presentation

Contact us to learn more about the new PowerMax option. 

FASB 13 Accounting Rules - What you need to know

FASB 13 Accounting Rules - What you need to know

Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new ASU will require both types of leases to be recognized on the balance sheet.