Sony Pictures, Sony Online Entertainment and Sony Pictures Imageworks Among Sony Business Units Tapping Isilon to Power Breakthroughs in Digital Entertainment Production and Distribution :Clustered Storage Deployed to Accelerate Creation, Management and Delivery of Digital Content to Consumers Worldwide. (10 September). PR Newswire. Retrieved September 10, 2007, from ABI/INFORM Complete database. (Document ID: 1333106141).
"Sony Pictures, Sony Online Entertainment and Sony Pictures Imageworks Among Sony Business Units Tapping Isilon to Power Breakthroughs in Digital Entertainment Production and Distribution; Clustered Storage Deployed to Accelerate Creation, Management and Delivery of Digital Content to Consumers Worldwide"
This article targets Sony's perspiring ambitions to become the world's leading all-around entertainment company. I believe that Sony made an excellent business move by calling on Isilon to supply its immense storage needs. Isilon systems is a world-leader in clustered storage systems and software for digital content. This move had to be made with all the new technologies coming out in Sony's arsenal.
I like the sound of Isilon for Sony because it condenses all their information and makes it much more accessible and easier to attain at higher speeds. According to the article, this move is going to drastically reduce Sony's costs and many complications that have occurred before with storing all their information. Sony will be able to shell out technology and products to all corners of the world.
This is good news for consumers and shareholdlers. With Isilon providing storage solutions many of the latest technologies should be easier to produce, and in turn it should lower the costs of these products. Sony has always been a juggernot in entertainment, but many people can not afford products such as Playstation 3. This drastically reduces their expected revenue. What boggles my mind is that the Playstation 3 system costs 800 dollars to produce, but then they sell it for 600. They lose a massive amount of money on the the systems, and they hope they can make it back with the sale of the games. To me this does not make sense because if the company does not sell enough systems like they predict, who is going to buy the games that are to provide the profit? Hopefully now products will be produced more efficiently, with reduced costs, and they will be more attainable for people world-wide.
As for stockholders, I feel as though they should look into investing in Sony. Shareholder value should now be maximize due to the simplicity and efficiecy of the system that Isilon has provided for Sony. Sony can continue to make innovations now that their storage problems are resolved. Sony stock before has been an ok stock but now I feel as though it has the potential to be a great money maker for investors.
This company is on the uprise, but its furture lies in the hands of those in the management positions. They most make smart and ethical business decisions to keep Sony's freight truck cruising foward, and its employees and stockholders happy.
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2 comments:
Even if Sony has teamed up with Isilon, the average consumer still identifies the Playstation 3 as being still too expensive. With this being said, I think that the stock of Sony is not going to beneficial from the PS3, but rather from its Blue Ray disc players. Even though Sony's teaming up with Isilon may help cut costs, the PS3 will not make a difference to their sales because of its already high cost of manufacturing and its retail price.
Sadly even with this them teaming up with Isilon I still think there will still be some high costs till the transfer and everything is complete. After words however I think it would be good for Sony to do so much to make sure there products get out as soon as they can. Even though right now it comes as so high a cost.
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