Crossroads Systems addresses compliance pain points

Crossroads Systems was recently selected as one of MDB Capital Group's Best and Brightest for the most innovative and market-leading intellectual property (IP) solutions. Data protection and storage solutions, such as Crossroad Systems' SPHiNX, address the compliance needs of utilities, including regulatory compliance and corporate governance. Other utility pain points the solution addresses include storage growth due to data volumes increasing; aggressive recovery objectives, stricter service level agreements; reduced budgets; less staff and resources; multiple standards, formats and technology; older tape drives and media issues; encryption/authentication; preventing catastrophic data loss. Although the pain points are seemingly endless, compliance tops the list for utilities. With so many regulations in the energy industry (and more every day), utilities must be concerned that they are compliant. The technology provides increased data efficiency and accessibility long term, which is becoming increasingly important as it relates to new market rules, regulatory oversight and reviews, ISO/RTO, FERC/NERC, etc. Utilities must always keep top of mind the implications of regulatory non-compliance. Release