internetnews.com: IDC: Linux Becoming Entrenched in Capital Markets

“Linux is well on its way to becoming entrenched in capital
markets, with leading edge firms turning to the platform for
mission-critical applications, according to a new report by IDC
Financial Services (the fruit of IDC’s acquisition of Meridien
Research).

“The report’s authors, IDC Financial Services analysts Deborah
Williams and Damon Kovelsky noted that in addition to mission
critical apps, most firms are also turning to Linux for more
fundamental applications like basic infrastructure, e-mail and
printer servers.

“‘Future wide-scale implementations of Linux-based,
mission-critical business applications may get less press, but they
will continue to happen at all of the largest global financial
institutions,’ Kovelsky said. ‘Critical to this migration will be
the ongoing support of the large hardware vendors, especially their
ability to provide support tools and services for porting and new
development. We believe that within the next 18-24 months,
installing a Linux-based software package will become as normal as
installing a Windows or Sun Solaris system…'”

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