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eWeek: Banking on Linux: Financial services companies slowly opening their doors to open source

Aug 29, 2001, 19:13 (7 Talkback[s])
(Other stories by Anne Chen)

[ Thanks to Bastion for this link. ]

"...'We're always looking for better, faster and cheaper,' said Chief Technology Officer Albert Prast, in Orlando, Fla., who decided to use Linux to run a number of applications, including purchasing and billing. "By using Linux, we were able to use old hardware, take advantage of open standards and improve the reliability of our systems."

Given its well-known benefits-portability, low or no licensing costs, and wide-open source-code availability-using Linux does seem like it would have been a no-brainer for Ro Tech, which handles the billing of Medicare and Medicaid for respiratory products and medical equipment provided to patients.

The decision certainly has paid off in nitty-gritty cost savings: Prast said that using the existing equipment and Linux software, RoTech has cut the cost of running its network down to one-third of what it would have been using new hardware and a typical commercial operating system."

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