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:Wall Street Still Likes Linux, But for New Reasons
Wall Street Still Likes Linux, But for New Reasons
Apr 2, 2008, 14 :15 UTC (1 Talkback[s]) (5944 reads)

(Other stories by Jacqueline Emigh)

"A few years ago, financial services firms tended to point to low cost and customizability of components as their major reasons for turning to Linux and open source. But at the Linux/Open Source on Wall Street show today, panelists devoted more of their remarks to topics such as multi-OS server consolidation on mainframes and creating realtime Linux applications for PC servers, aptly reflecting the growing complexity of software environments in financial firms and elsewhere.

"Citigroup, for instance, now plans to add Linux applications to a set of 'core' Unix and mainframe apps recently consolidated on an IBM Z10 server, said Aaron Graves, the bank's senior VP for architecture and technology engineering, in a panel session..."

Complete Story

Related Stories:
Open Source Gets a Wall Street Boost(Feb 08, 2008)
For Terracotta, A Year of Open Source Has Been Good for Business(Jan 06, 2008)
Nothing At Sun (JAVA) Has Worked(Jan 05, 2008)
Tech Spending Set to Plunge; Open Source Set to Rise(Dec 12, 2007)


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  Talkback(s) Name  and Date
Hmmm ......could it be $$$$$$ ...   Why would Wall Street EVER like anything?   
Mark
Apr 2, 2008, 22:58:16
 
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