VARINDIA- INDIA'S FRONTLINE IT MAGAZINE IBM(NYSE:IBM) has unveiled a portfolio of software-defined storage products that deliver improved economics. At the same time, they enable organizations to access and process any type of data, on any type of storage device, anywhere in the world.One technology in the portfolio, codenamed "Elastic Storage" , offers unprecedented performance, infinite scale, and is capable of reducing storage costs up to 90 per cent by automatically moving data onto the most economical storage device. This technology allows enterprises to exploit - not just manage - the exploding growth of data in a variety of forms generated by countless devices, sensors, business processes, and social networks. The new storage software is ideally suited for the most data-intensive applications, which require high-speed access to massive volumes of information - from seismic data processing, risk management and financial analysis, weather modelling, a