iTRACS joins CEO Roundtable on the U.S. technology industry hosted by Illinois Governor Pat Quinn and TechAmerica
CHICAGO, Illinois, March 15, 2011 – iTRACS™ Corporation, Inc., a leader in physical infrastructure management, recently joined other Illinois technology innovators in a CEO Roundtable with Illinois Governor Pat Quinn to discuss technology and economic development priorities. The Roundtable was part of TechAmerica’s ongoing efforts to provide visibility to the Illinois technology sector and its importance to the state and national economy.
A number of issues facing Illinois technology companies were discussed, such as improving access to capital, stimulating the economy, and creating business-friendly policies and initiatives to drive innovation and job growth.
“It is important for our state that we sit down with our business leaders, and that we engage them in the process as we work to bring further economic growth to Illinois,” said Illinois Governor Pat Quinn. “I appreciate these leaders taking the time share their experiences and their input, and I will continue working with the private sector to strengthen our economic recovery. By working together, we can help our state to build an even better environment for businesses.”
“We applaud the Governor’s focus on jobs creation and economic growth,” said Tom Reedy, iTRACS Chairman of the Board. “It was a productive conversation, especially from the vantage point of a small-medium business like iTRACS, a company that is at the crossroads of innovation, jobs, energy, and economic growth. We have a meaningful impact in Green IT because we are actionable technology that lets you manage and optimize energy efficiency in the data center and across the enterprise. We also impact economic growth by creating jobs in a growing technology sector.”
Jobs and Economic Growth
“Illinois ranks 7th in the nation in high tech employment,” said Ed Longanecker, Executive Director, Regional Vice President, TechAmerica. “The technology sector is proud of the contribution we make to the state’s economy and we’re actively working to improve it at every opportunity. We congratulate the Governor for his leadership and ongoing efforts to work with the business community to move our state and economy forward. We think companies like iTRACS are part of the solution – a smart young company that improves the competitiveness of the state and spurs jobs growth.”
Innovation and Energy
“We’re excited about iTRACS’ role in optimizing energy efficiency in data centers, which are some of the most energy-hungry entities in the world,” said David Wilhelm, iTRACS Board Member with extensive experience in the world of public policy and politics. “The percentage of energy consumed by data centers relative to other infrastructure is huge – as much as 40% of a company’s energy spend. iTRACS has a large role to play in reducing energy usage and carbon footprint. This has important public policy implications in Illinois and across the country.”
Energy consumption in data centers worldwide is projected to continue to soar, making them susceptible to fluctuations in energy costs. “An innovator like iTRACS can help these data centers operate more efficiently, helping to foster an economic climate that is not dragged down by the rising cost of energy,” said Mr. Wilhelm.
iTRACS is a global leader in Converged Physical Infrastructure Management™ (CPIM®) solutions featuring an interactive 3D environment for managing and optimizing IT and facility assets. This 3D interactivity is unleashing new possibilities about the management of modern physical infrastructure. For more than 25 years, iTRACS has been singularly focused on improving the performance, agility, and value of IT infrastructure as a strategic asset to the organization. Today, iTRACS data center infrastructure management solutions can be found in industry-leading data centers and enterprises around the world, helping organizations improve energy efficiency, minimize risk, and optimize the business value of the entire IT infrastructure investment. www.itracs.com
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