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Sunday, November 27, 2016

Inside a Bank that Went All In on Hyperconverged Infrastructure

When #PeoplesBank in Holyoke, Mass., recently decided to upgrade its data center with #hyperconverged infrastructure, it joined a rapidly growing group of banks. Hyperconverged infrastructure (also called hyperconverged integrated systems) combines virtualized computing, storage and network equipment in an integrated "stack" that can be managed with software. The stack can also include backup, recovery, replication, deduplication and compression. #Nutanix, #SimpliVity, #Cisco, #HPE, #Dell #EMC, #Pivot3 and #VMWare are among the vendors that offer hyperconverged infrastructure. It's the latest stage in the evolution toward software-defined computing, in which all technology in an IT environment is tightly integrated and can be managed with one software program. About 40% of all companies use hyperconverged infrastructure, according to the information technology research firm 451 Research. In financial services the numbers are slightly higher: 41.3% use the technology today and more than 25% plan to use it in the near future, according to the firm's latest surveys, which were conducted in the second quarter. "There's a larger contingent of folks who are either using it or have it planned in finance than any other vertical," said Christian Perry, research manager at 451. The company expects that number to grow over the next two years. It's still being used in a limited way, however. Gartner analysts say less than 5% of data in data centers is stored in hyperconverged infrastructures today. By 2019, they expect 30% of stored data in enterprise data centers to be deployed on such systems. And 20% of mission-critical applications will transition to hyperconverged by 2020.

http://www.americanbanker.com/news/bank-technology/inside-a-bank-that-went-all-in-on-hyperconverged-infrastructure-1092551-1.html

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