Computing: Linux Cuts Costs for Finance Firm

[ Thanks to T Harris for this link. ]

"City firm Close Premium Finance has migrated its main transactional systems to Linux-based commodity hardware, cutting £100,000 [US$191,100/€144,300] a year from its IT costs.

"Since completing the switch in November, the company has recorded just two minutes of downtime, and says the new systems are performing about twice as fast as the high-end HP Alpha servers that used to power its back-end system..."

Complete Story

Related Stories:

• ZDNet UK: Italian Bank Moves to Desktop Linux(Feb 16, 2005)
• Strategiy: JCBank to Run on Red Hat Linux and Oracle 10G Solution System(Feb 08, 2005)
• Novell: Czech Post Turns to SUSE LINUX to Support Postal Operations(Jan 24, 2005)
• BNAmericas/LinuxInsider: Tecso Launches Open-Source Databank for Health Companies(Jan 06, 2005)