Linux slashes costs for bank giant (ComputerWeekly)
One of the biggest investment banks in Europe is using Linux for up to 70% of its new IT projects after finding that running the open source operating system on Intel-based servers cut running costs by nearly half."
Posted Nov 30, 2004 19:23 UTC (Tue)
by efexis (guest, #26355)
[Link] (4 responses)
Posted Nov 30, 2004 19:42 UTC (Tue)
by thompsot (guest, #12368)
[Link] (1 responses)
Posted Dec 1, 2004 8:28 UTC (Wed)
by amacwa (guest, #26371)
[Link]
Posted Dec 1, 2004 8:23 UTC (Wed)
by amacwa (guest, #26371)
[Link] (1 responses)
Posted Dec 1, 2004 13:48 UTC (Wed)
by thompsot (guest, #12368)
[Link]
Posted Dec 2, 2004 1:18 UTC (Thu)
by amacwa (guest, #26371)
[Link]
This is obviously a lie. A source of mine (who will remain anonymous, but Linux slashes costs for bank giant (ComputerWeekly)
I will say the source is as reliable as the OS's they make) say that
using OSS, especially Linux, actually works out more expensive.
Looks like Dresdner Kleinwort Wasserstein won't be laughing all the way
to the err... bank...
...oh, wait
Linux slashes costs for bank giant (ComputerWeekly)
LOL
Of course, with Unix admins already on site, they may have at least broken even. :)
The quote:
"Linux is definitely on its way into the mainstream for financial services. It is replacing Unix at a far greater rate than Windows."
Just means that most financial institutions are (of course) running on Unix, so there's far more Unix machines to replace than there are Win32 machines.
re subscriber thompsot's comments : no - the person is saying that Linux is replacing UNIX rather than Windows replacing UNIX.Linux slashes costs for bank giant (ComputerWeekly)
Sorry it is not obviously a lie. Just because that is your opinion does not make it so. But anyway why would it be a lie? What motive is there? Without a motive surely a responsible official would not lie?Linux slashes costs for bank giant (ComputerWeekly)
I think the original poster's comments were tongue-in-cheek. At least that's the way I took it, and I was just going along with the gag. As far as Windows replacing Unix, I was refering to the fact that in the financial sector Unix is being replaced by Linux more frequently than Windows is being replaced by Linux, not because Windows is somehow a viable enterprise product, but because (a) Most financial institutions are running Unix for their mission critical stuff anyway as you would expect (unless it's AS/400 or mainframe), which means that (b) The skill set is already in place to know what to do with Linux and make the transition much easier.Linux slashes costs for bank giant (ComputerWeekly)
Ah ok , all now understood!Linux slashes costs for bank giant (ComputerWeekly)