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FintechOctober 5 2003

Grid solution for tech grief

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HP plans to help customers to simplify the use and management of distributed IT resources, by leveraging open grid standards. The initiative will integrate industry grid standards, including Globus Toolkit and Open Grid Services Architecture, as part of their Adaptive Enterprise strategy to synchronise business and IT perfectly.

“The grid has the potential to solve real business problems by simplifying global access to enterprise computing services,” said Shane Robinson, chief strategy and technology officer at HP. “For CIOs, the grid can help better synchronise business and technology demands in real time. To help realise that potential, HP has committed to grid-enable our IT systems. Over the next few years, this means products – ranging from HP’s smallest handhelds, printers and PCs to our most powerful storage arrays and supercomputers – will be able to connect with and serve as resources on the grid.”

Meanwhile, the uptake of grid in the financial services market continues. SG CIB, the corporate and investment bank of Groupe Société Générale has selected Platform Computing, independent provider of grid software, as a key partner to address its needs for grid computing. SG CIB is the third-largest corporate and investment bank in the eurozone and the ninth largest company in France.

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