New Data Center Tech Is 'Irresistible'

Driven by a strong belief in the value of next-generation software-defined data center technology, Bank of America is steering its IT operations toward almost total virtualization -- from the data center to desktop. Backers of the technology say it will do for data centers what virtualization did fo...

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Bibliographic Details
Published inComputerworld Vol. 48; no. 7; p. 4
Main Author Thibodeau, Patrick
Format Trade Publication Article
LanguageEnglish
Published Framingham Foundry 21.04.2014
Subjects
Banks
Computer centers
Costs
Financial services
Information technology
Infrastructure
Software
Technology adoption
United States > US
Online AccessGet full text
ISSN0010-4841

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Summary:Driven by a strong belief in the value of next-generation software-defined data center technology, Bank of America is steering its IT operations toward almost total virtualization -- from the data center to desktop. Backers of the technology say it will do for data centers what virtualization did for servers -- decouple hardware from computing resources. If it works, software-defined data centers would enable users to create, expand and contract computing capability virtually, quickly and efficiently. Financial services companies are expected to spend about $430 billion globally on IT this year, accounting for more than 20% of the projected $2.14 trillion in overall worldwide IT spending, according to IDC.
ISSN:0010-4841