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Proponents say this approach lets companies run programs more reliably and reduces the cost of maintaining data centers. Once Morgan Stanley moves to the new infrastructure , it will pay only for the back-end computing power it uses, which the company believes may help it save millions of dollars. The deal will allow the investment company to acquire processing power, storage capacity and networking bandwidth automatically, as its needs dictate.
The companies said they created a sophisticated pricing system in order to facilitate the arrangement. Morgan Stanley described the effort as an element of its goal to further automate its data centers.
IBM said it will assume some of Morgan Stanley's staff, based on the outsourcing contract, but the company did not offer further details regarding how many employees may change companies. IBM says the migration of Morgan Stanley's mainframe processing to a shared infrastructure at one of its facilities marks a significant event in the evolution of the computing giant's "on demand" strategy.
Company representatives said the deal highlights the fact that major customers are increasingly willing to make IBM a significant part of their daily business operations. IBM, Hewlett-Packard, Sun Microsystems and a handful of others have been working hard to persuade customers to employ utility computing in order to maximize back-end system performance and cut overhead.
IBM's on-demand initiative has gained a number of customers over the last year and may be the best-known utility computing offering on the market. The company singled out e-business hosting as an emerging growth area. Chan currently offers the online course on Artificial Intelligence Techniques for Traders.
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IBM's on-demand initiative has gained a number of customers over the last year and may be the best-known utility computing offering on the market. Morgan Stanley hilft Ihnen gerne:
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