[ Thanks to Matt for
this link. ]
“‘It is Linux time for the financial sector. Life Insurance
Corporation of India (LIC), the largest insurance company of the
country, is implementing Linux, the open source code operating
system, replacing SCO Unix across its 2,048 branches… Said Mr H
Nanda, deputy secretary, software development centre, IT
department, LIC, ‘We chose Linux over some popular proprietary OS
like Windows as we wanted to run all our existing in-house
applications without spending much and at the same time did not
want to be tied to license based OS. We will have the necessary
freedom in future to develop various applications according to
customers’ requirements.’“‘LIC officials believe that by choosing Linux the company will
save a huge amount of money in terms of licence fees, minimum use
of third party applications and customisation cost of existing
applications.’“So it’s bye bye, SCO. Hello, Red Hat…”