TowerGroup: Linux gaining in financial firms

[Posted October 9, 2002 by corbet]

An analyst company called TowerGroup has put out a press release on the use of Linux in financial firms. "TowerGroup estimates that Linux is now deployed on 14% of total servers at North American brokerage firms. In contrast, Microsoft has 54% of the market (both NT and 2000 combined), while Unix has 27% of the market. However, TowerGroup believes Linux use will grow at an annual rate of 22% in the North American securities server market between 2002 and 2005, outpacing growth in Windows 2000, NT and Unix deployments over that same period."