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Cost Replacing Functionality as Linux's Appeal
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| With a shrinking server market, financial services firms are porting more
| applications to Linux at the expense of Unix and other legacy platforms.
| While that has been an ongoing trend for many years, the motive has shifted
| in the past year from adding new functionality to reducing cost. That was the
| consensus at Monday's annual Linux on Wall Street conference in New York.
|
| "The global financial crisis has changed business priorities," said Inna
| Kuznetsova, IBM's director of Linux strategy, during a keynote panel
| discussion. "People are less focused on adding functionality and more focused
| on cost reduction."
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http://entmag.com/news/article.aspx?editorialsid=10753
Recent:
Hard Times May Boost Linux in Financial Services
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| Today Linux is the go-to operating system for high performance computing,
| while it continues to extend its footprint in the broader IT community. In
| the financial services arena, in particular, Linux is being seen as a
| critical technology for increasing ROI.
|
| On Monday, at the High Performance Linux on Wall Street conference in New
| York, Inna Kuznetsova, director of IBM's Linux Strategy, led a panel that
| discussed how Linux can be used to reduce costs and improve performance in
| these economically challenging times. We recently got the opportunity to ask
| Kuznetsova about the increasing profile of Linux for IBM customers and how
| the technology is enabling them to realize cost savings.
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http://www.hpcwire.com/features/Hard-Times-May-Boost-Linux-Financial-Services-Linux-42550257.html
Morgan Stanley Growing Its Use of Linux
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| Anthony Golia, executive director of enterprise computing at Morgan Stanley,
| told attendees at the High Performance Linux on Wall Street show this morning
| that his firm has been using Linux in a big way since 2001.
|
| "We use it because it performs well on inexpensive, commodity hardware,"
| Golia said. "That continues to be true and that continues to be a reason we
| use it."
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http://www.wallstreetandtech.com/it-infrastructure/showArticle.jhtml?articleID=216402934
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