Over many years, the IT function in financial institutions has evolved from a mere transactional tool into
a pervasive, integral element of virtually every aspect of doing business. This transformation has
constituted a fundamental, structural change in the financial services arena and has put IT performance
at the top of the CEO’s agenda at most banks and insurance companies.
Change has always been a constant in the financial industry but the recent financial crisis triggered an unprecedented rise in that rate of change. Today, increased regulation, greater demands for transparency, and new business channels require financial institutions to constantly be in reactive mode.
Financial institution executives realize the increasing pace of change is not temporary. They understand that this is a “new normal” that they must plan and prepare for. And they know that proactively developing a sound strategy for dealing with constant change begins with an honest look at the institution’s ability to deal with change.
The only way to improve change capacity is to build a strong foundation based in technology that is specifically designed to manage constant transformation.
Today's IT needs to accomplish more with less. Virtualizing your IT infrastructure can save you 25% or more on your operating costs.
For forward-thinking business enterprises, virtualizing IT infrastructure has become standard practice. In fact, to stay competitive in a tepid U.S. economy, enterprises find it increasingly critical to innovate new ways to leverage their existing virtualization products and services. International Integrated Solutions, Inc. (IIS) prides itself on industry-leading innovation and proactive service, which will pave the way in a virtualized IT industry.
Virtualization is far from the latest fad in the IT industry. The economic potential of virtualization has been theorized for quite some time, but leveraging virtualized infrastructure for maximum return on investment requires an outsider's perspective. IIS provides enterprises with new strategies to optimize return on investment through innovation, careful planning, proactive trouble-shooting and reliable maintenance. IIS understands how to make the most of each company's virtualization strategy.
Software Engineering: Designing a Better Experience for Communications, Media...Cognizant
Software makes the world go ‘round, from hyperefficient business operations to users wowed by the newest app interface and digital products. For CMT companies, software development innovation is the key not only to enhancing business agility but to rapidly designing and offering extraordinary experiences and cutting-edge products that will continually satisfy and delight customers.
Change has always been a constant in the financial industry but the recent financial crisis triggered an unprecedented rise in that rate of change. Today, increased regulation, greater demands for transparency, and new business channels require financial institutions to constantly be in reactive mode.
Financial institution executives realize the increasing pace of change is not temporary. They understand that this is a “new normal” that they must plan and prepare for. And they know that proactively developing a sound strategy for dealing with constant change begins with an honest look at the institution’s ability to deal with change.
The only way to improve change capacity is to build a strong foundation based in technology that is specifically designed to manage constant transformation.
Today's IT needs to accomplish more with less. Virtualizing your IT infrastructure can save you 25% or more on your operating costs.
For forward-thinking business enterprises, virtualizing IT infrastructure has become standard practice. In fact, to stay competitive in a tepid U.S. economy, enterprises find it increasingly critical to innovate new ways to leverage their existing virtualization products and services. International Integrated Solutions, Inc. (IIS) prides itself on industry-leading innovation and proactive service, which will pave the way in a virtualized IT industry.
Virtualization is far from the latest fad in the IT industry. The economic potential of virtualization has been theorized for quite some time, but leveraging virtualized infrastructure for maximum return on investment requires an outsider's perspective. IIS provides enterprises with new strategies to optimize return on investment through innovation, careful planning, proactive trouble-shooting and reliable maintenance. IIS understands how to make the most of each company's virtualization strategy.
Software Engineering: Designing a Better Experience for Communications, Media...Cognizant
Software makes the world go ‘round, from hyperefficient business operations to users wowed by the newest app interface and digital products. For CMT companies, software development innovation is the key not only to enhancing business agility but to rapidly designing and offering extraordinary experiences and cutting-edge products that will continually satisfy and delight customers.
Framework for Cloud Computing Adoption: A Roadmap for Smes to Cloud Migrationijccsa
Small and Medium size Enterprises (SME) are considered as a backbone of many developing and
developed economies of the world; they are the driving force to any major economy across the globe.
Through Cloud Computing firms outsource their entire information technology (IT) process while
concentrating more on their core business. It allows businesses to cut down heavy cost incurred over IT
infrastructure without losing focus on customer needs. However, Cloud industry to an extent has struggled
to grow among SMEs due to the reluctance and concerns expressed by them. Throughout the course of this
study several interviews were conducted and the literature was reviewed to understand how cloud
providers offer services and what challenges SMEs are facing. The study identified issues like cloud
knowledge, interoperability, security and contractual concerns to be hindering SMEs adoption of cloud
services. From the interviews common practices followed by cloud vendors and what concerns SMEs have
were identified as a basis for a cloud framework which will bridge gaps between cloud vendors and SMEs.
A stepwise framework for cloud adoption is formulated which identifies and provides recommendation to
four most predominant challenges which are hurting cloud industry and taking SMEs away from cloud
computing, as well as guide SMEs aiding in successful cloud adoption. Moreover, this framework
streamlines the cloud adoption process for SMEs by removing ambiguity in regards to fundamentals
associated with their organisation and cloud adoption process
Brighttalk converged infrastructure and it operations management - finalAndrew White
How Converged Infrastructure Will Change IT Operations Management
Over the past decade, Enterprises have leveraged a shared service model to make IT more cost effective. The emergence of “Converged Infrastructure” and “Fabric-Based Infrastructure” will allow IT to offer purpose driven solutions rather than the function driven solutions of the past. To do this, IT will need to evolve towards more modular designs, rely more on open standards, and rethink their approach to management frameworks.
In this session you will learn:
How converged infrastructure is used to create purpose driven solutions
Why new operational challenges are faced as this new approach is used broadly
What changes need to occur to succeed with this new paradigm
Highlights from the EMC & VMware CIO Summit | ATLANTA 2013, where 50 CIOs discussed topics such as the Software-defined Data Center, Cloud, Converged Infrastructure, Big Data, Security, and IT in 2020.
Over the past five years, companies of all sizes have been under increased pressure to improve IT efficiency and effectiveness.
IDC customer-based studies show that each year, the average midsize company experiences 15–18 business hours of network, system, or application downtime. Causes of downtime vary, but aging systems can have components or software that fail, while network connections and power grids can fail at any time because of external causes (e.g., weather, construction work, or natural disaster). Outages occurring during business hours result in revenue loss, as orders are dropped, customers move on, and employees cannot access critical applications. IDC research found that revenue losses per hour averaged $75,000. However, the adoption of best practices has allowed midsize companies to reduce downtime significantly in recent years. Solutions that improve system management, protect data assets from loss and unauthorized access, strengthen network security, and ensure availability directly reduce these losses at customer sites.
How Domain-Driven Design Can Boost Legacy System ModernizationCognizant
Legacy modernization initiatives struggle to maintain business alignment when business and IT leaders treat it as merely a technology refresh exercise – even as COVID-19 accelerates such modernization demands. By transforming legacy systems into a set of services and applications based on domain-driven design principles, business can be a fully participating partner throughout the modernization journey.
A strong communication capability between the business and IT ensures the alignment of business requirements with delivered IT functionality and value. Use this storyboard to understand common barriers to effective requirements management, tactical solutions to overcome these barriers, and how to achieve a high level of project success.
This storyboard will help you:
•Understand the common barriers to effective requirements management
•Learn how organizations have solved these challenges
•Implement your own tactical solutions to enable effective communication of business requirements for IT projects in your organization
•Achieve a high level of project success
Whether an organization develops its own applications or implements packaged solutions, the success of the project depends on the clear communication of business requirements in terms IT can understand and deliver.
Webinar discussing the top trends driving the Digital Enterprise with Content and Process. ECM has never been more important to driving productivity in the enterprise. Forrester's Cheryl McKinnon discusses the top trends that leaders are using to build the Digital Enterprise.
All organizations need a Disaster Recovery (DR) plan, but many are unsure what is appropriate or how to scope the organization’s needs. Operating with an insufficient DR plan leaves organizations vulnerable to negative business impacts in the event of a disaster. Organizations can save time and money by properly scoping their DR plan.
The process of examining your DR plan can be broken down into a series of steps:
* Determine the current DR capability which IT can provide
* Know what DR capabilities the business wants
* Align the business’ and IT’s DR priorities
Use this Storyboard to begin the process of building your organization’s ultimate DR plan.
Craft an End-to-End Data Center Consolidation Strategy to Maximize BenefitsInfo-Tech Research Group
Your Challenge
Data center operating costs continue to escalate as organizations struggle with data center sprawl.
While data center consolidation is an attractive option to reduce cost and sprawl, the complexity of these projects makes them extremely difficulty to execute.
The status quo is also not an option, as budget constraints and the challenges with managing multiple data centers continues to increase.
Our Advice
Critical Insight
Despite consolidation being an effective way of addressing sprawl, it is often difficult to secure buy-in and funding from the business.
Many consolidation projects suffer cost overruns due to unforeseen requirements and hidden interdependencies which could have been mitigated during the planning phase.
Organizations that avoid consolidation projects due to their complexity are just deferring the challenge, while costs and inefficiencies continue to increase.
Impact and Result
Successful data center consolidation will have an immediate impact on reducing data center sprawl. Maximize your chances of success by securing buy-in from the business.
Avoid cost overruns and unforeseen requirements by engaging with the business at the start of the process. Clearly define business requirements and establish common expectations.
While cost improvements often drive data center consolidation, successful projects will also improve scalability, operational efficiency, and data center redundancy.
The Voice of the Customer - How to enable Availability for the Always-On Ente...Veeam Software
https://www.veeam.com/wp-voice-of-the-customer.html
IT decision-makers share industry insights based on 2017 analyst surveys. Based on two independent surveys from IDC and Omega Group with Veeam’s large installed base of IT decision-makers, this white paper describes the key challenges of the Always-on business for the modern enterprise and how to overcome them.
Transforming the Public Sector Affordably in the CloudCapgemini
Case management, provided “as a Service,” is the answer to many current challenges for the public sector.
Political, economic and societal changes mean that public sector organizations must become extremely agile, effective and efficient. This necessitates a new level of flexible,
responsive IT capabilities. Advanced case management, delivered as a managed service, overcomes today’s resource constraints to put these capabilities within reach.
End-User Computing (EUC) is the realm of spreadsheets, word processing, presentations, email, stand-alone users, individual devices, and file sharing applications like Dropbox. It is fair to say that EUC is not a traditional focus of Data Governance in many organizations, although individual aspects of EUC may be dealt with. However, EUC is so large in most organizations that Data Governance must start to ensure that data management is done appropriately in it. Additionally, regulators are becoming increasingly interested in ECU, which is an additional impetus to address it. This webinar focuses on the major challenges that exist in EUC and how Data Governance can address them. Fundamental questions, such a simply understanding what is a “production” EUC application are discussed. The data life cycle in the context of EUC, particularly data capture and interaction with corporate systems is examined, as is the need for quality of all kinds in EUC, including data quality.
Attendees will learn:
•What End User Computing (EUC) is and why Data Governance urgently needs to address it
•Why EUC environments often cannot be replaced by corporate systems from IT
•Problems that can arise from ungoverned EUC environments
•Basic strategies for governing EUC environments
•Tools and techniques for EUC governance
Highlights from the EMC & VMware CIO Summit | LAS VEGAS, held at EMC World 2013EMC
Highlights from the EMC & VMware CIO Summit | LAS VEGAS, held at EMC World 2013, where 76 CIOs discussed topics such as the Software-defined Data Center, Cloud, Converged Infrastructure, Big Data, Security, and IT in 2020.
Master the Ever Expanding Puzzle of End-User Computing with a Strategy and Ro...Info-Tech Research Group
Develop a strategy and roadmap to fit all the end-user computing pieces together and prioritize trends in your organization.
Your Challenge
The end-user computing landscape continues to grow more and more complex.
Developing a strategy and roadmap that meet the capabilities of IT and the needs of end users is more and more important.
Organizations need to focus on more than just the technology – people and processes need focus too.
Our Advice
Critical Insight
The number of options available for end-user computing today—complicated by trends like mobility, consumerization, and BYOD—can be overwhelming for infrastructure managers developing a long-term strategy.
Blindly following trends results in wasted effort and spending when initiatives have not been designed to fit together.
An end-user computing strategy is not only about technology. Processes and people are equally important if a strategy is to be successful.
Most strategies are stuck years in the past. Users have evolved faster than IT. Catch up, and ensure that your strategy is ready for the next decade.
Focus on the user, not the device. A locked-down PC is obsolete.
Impact and Result
A well-planned end-user computing strategy can:
Improve the lives of users by enabling access to company resources in a way that fits their use cases.
Improve the lives of IT by implementing the most efficient tools for deploying, managing, and supporting end-user computing resources.
Improve the business by reducing wasted spending and identifying new revenue opportunities enabled by new end-user computing trends.
Develop an end-user computing strategy and roadmap that fits all the pieces together, and then communicate the plan with a set of simple documents.
Mortgage Filing: Providing a single processing system for operational trackin...The Digital Group
Providing a single processing system for operational tracking, printing, and follow up. Enhancing automated processing and tracking functionality, performance and scale necessary to print and transmit 10K documents each day and reducing support for operating UCC filings, Real Property Filings, etc
Cloud technology is no longer a new player in the market,
but it’s a mature and integral part of the IT landscape and a
key parameter in driving business growth. It is an
indispensable topic among CXOs. A research by Fraedon has
found that almost half of the banks find their legacy
systems to be the biggest hindrance in their growth.
A model demonstrating why SaaS is the best option for banks when accessing technology. Credit Risk systems are key interface points for bankers and an ideal case study. Banks have long ago realised owning property is not a good use of capital, and the logic is more compelling for a fast depreciating asset like software.
Framework for Cloud Computing Adoption: A Roadmap for Smes to Cloud Migrationijccsa
Small and Medium size Enterprises (SME) are considered as a backbone of many developing and
developed economies of the world; they are the driving force to any major economy across the globe.
Through Cloud Computing firms outsource their entire information technology (IT) process while
concentrating more on their core business. It allows businesses to cut down heavy cost incurred over IT
infrastructure without losing focus on customer needs. However, Cloud industry to an extent has struggled
to grow among SMEs due to the reluctance and concerns expressed by them. Throughout the course of this
study several interviews were conducted and the literature was reviewed to understand how cloud
providers offer services and what challenges SMEs are facing. The study identified issues like cloud
knowledge, interoperability, security and contractual concerns to be hindering SMEs adoption of cloud
services. From the interviews common practices followed by cloud vendors and what concerns SMEs have
were identified as a basis for a cloud framework which will bridge gaps between cloud vendors and SMEs.
A stepwise framework for cloud adoption is formulated which identifies and provides recommendation to
four most predominant challenges which are hurting cloud industry and taking SMEs away from cloud
computing, as well as guide SMEs aiding in successful cloud adoption. Moreover, this framework
streamlines the cloud adoption process for SMEs by removing ambiguity in regards to fundamentals
associated with their organisation and cloud adoption process
Brighttalk converged infrastructure and it operations management - finalAndrew White
How Converged Infrastructure Will Change IT Operations Management
Over the past decade, Enterprises have leveraged a shared service model to make IT more cost effective. The emergence of “Converged Infrastructure” and “Fabric-Based Infrastructure” will allow IT to offer purpose driven solutions rather than the function driven solutions of the past. To do this, IT will need to evolve towards more modular designs, rely more on open standards, and rethink their approach to management frameworks.
In this session you will learn:
How converged infrastructure is used to create purpose driven solutions
Why new operational challenges are faced as this new approach is used broadly
What changes need to occur to succeed with this new paradigm
Highlights from the EMC & VMware CIO Summit | ATLANTA 2013, where 50 CIOs discussed topics such as the Software-defined Data Center, Cloud, Converged Infrastructure, Big Data, Security, and IT in 2020.
Over the past five years, companies of all sizes have been under increased pressure to improve IT efficiency and effectiveness.
IDC customer-based studies show that each year, the average midsize company experiences 15–18 business hours of network, system, or application downtime. Causes of downtime vary, but aging systems can have components or software that fail, while network connections and power grids can fail at any time because of external causes (e.g., weather, construction work, or natural disaster). Outages occurring during business hours result in revenue loss, as orders are dropped, customers move on, and employees cannot access critical applications. IDC research found that revenue losses per hour averaged $75,000. However, the adoption of best practices has allowed midsize companies to reduce downtime significantly in recent years. Solutions that improve system management, protect data assets from loss and unauthorized access, strengthen network security, and ensure availability directly reduce these losses at customer sites.
How Domain-Driven Design Can Boost Legacy System ModernizationCognizant
Legacy modernization initiatives struggle to maintain business alignment when business and IT leaders treat it as merely a technology refresh exercise – even as COVID-19 accelerates such modernization demands. By transforming legacy systems into a set of services and applications based on domain-driven design principles, business can be a fully participating partner throughout the modernization journey.
A strong communication capability between the business and IT ensures the alignment of business requirements with delivered IT functionality and value. Use this storyboard to understand common barriers to effective requirements management, tactical solutions to overcome these barriers, and how to achieve a high level of project success.
This storyboard will help you:
•Understand the common barriers to effective requirements management
•Learn how organizations have solved these challenges
•Implement your own tactical solutions to enable effective communication of business requirements for IT projects in your organization
•Achieve a high level of project success
Whether an organization develops its own applications or implements packaged solutions, the success of the project depends on the clear communication of business requirements in terms IT can understand and deliver.
Webinar discussing the top trends driving the Digital Enterprise with Content and Process. ECM has never been more important to driving productivity in the enterprise. Forrester's Cheryl McKinnon discusses the top trends that leaders are using to build the Digital Enterprise.
All organizations need a Disaster Recovery (DR) plan, but many are unsure what is appropriate or how to scope the organization’s needs. Operating with an insufficient DR plan leaves organizations vulnerable to negative business impacts in the event of a disaster. Organizations can save time and money by properly scoping their DR plan.
The process of examining your DR plan can be broken down into a series of steps:
* Determine the current DR capability which IT can provide
* Know what DR capabilities the business wants
* Align the business’ and IT’s DR priorities
Use this Storyboard to begin the process of building your organization’s ultimate DR plan.
Craft an End-to-End Data Center Consolidation Strategy to Maximize BenefitsInfo-Tech Research Group
Your Challenge
Data center operating costs continue to escalate as organizations struggle with data center sprawl.
While data center consolidation is an attractive option to reduce cost and sprawl, the complexity of these projects makes them extremely difficulty to execute.
The status quo is also not an option, as budget constraints and the challenges with managing multiple data centers continues to increase.
Our Advice
Critical Insight
Despite consolidation being an effective way of addressing sprawl, it is often difficult to secure buy-in and funding from the business.
Many consolidation projects suffer cost overruns due to unforeseen requirements and hidden interdependencies which could have been mitigated during the planning phase.
Organizations that avoid consolidation projects due to their complexity are just deferring the challenge, while costs and inefficiencies continue to increase.
Impact and Result
Successful data center consolidation will have an immediate impact on reducing data center sprawl. Maximize your chances of success by securing buy-in from the business.
Avoid cost overruns and unforeseen requirements by engaging with the business at the start of the process. Clearly define business requirements and establish common expectations.
While cost improvements often drive data center consolidation, successful projects will also improve scalability, operational efficiency, and data center redundancy.
The Voice of the Customer - How to enable Availability for the Always-On Ente...Veeam Software
https://www.veeam.com/wp-voice-of-the-customer.html
IT decision-makers share industry insights based on 2017 analyst surveys. Based on two independent surveys from IDC and Omega Group with Veeam’s large installed base of IT decision-makers, this white paper describes the key challenges of the Always-on business for the modern enterprise and how to overcome them.
Transforming the Public Sector Affordably in the CloudCapgemini
Case management, provided “as a Service,” is the answer to many current challenges for the public sector.
Political, economic and societal changes mean that public sector organizations must become extremely agile, effective and efficient. This necessitates a new level of flexible,
responsive IT capabilities. Advanced case management, delivered as a managed service, overcomes today’s resource constraints to put these capabilities within reach.
End-User Computing (EUC) is the realm of spreadsheets, word processing, presentations, email, stand-alone users, individual devices, and file sharing applications like Dropbox. It is fair to say that EUC is not a traditional focus of Data Governance in many organizations, although individual aspects of EUC may be dealt with. However, EUC is so large in most organizations that Data Governance must start to ensure that data management is done appropriately in it. Additionally, regulators are becoming increasingly interested in ECU, which is an additional impetus to address it. This webinar focuses on the major challenges that exist in EUC and how Data Governance can address them. Fundamental questions, such a simply understanding what is a “production” EUC application are discussed. The data life cycle in the context of EUC, particularly data capture and interaction with corporate systems is examined, as is the need for quality of all kinds in EUC, including data quality.
Attendees will learn:
•What End User Computing (EUC) is and why Data Governance urgently needs to address it
•Why EUC environments often cannot be replaced by corporate systems from IT
•Problems that can arise from ungoverned EUC environments
•Basic strategies for governing EUC environments
•Tools and techniques for EUC governance
Highlights from the EMC & VMware CIO Summit | LAS VEGAS, held at EMC World 2013EMC
Highlights from the EMC & VMware CIO Summit | LAS VEGAS, held at EMC World 2013, where 76 CIOs discussed topics such as the Software-defined Data Center, Cloud, Converged Infrastructure, Big Data, Security, and IT in 2020.
Master the Ever Expanding Puzzle of End-User Computing with a Strategy and Ro...Info-Tech Research Group
Develop a strategy and roadmap to fit all the end-user computing pieces together and prioritize trends in your organization.
Your Challenge
The end-user computing landscape continues to grow more and more complex.
Developing a strategy and roadmap that meet the capabilities of IT and the needs of end users is more and more important.
Organizations need to focus on more than just the technology – people and processes need focus too.
Our Advice
Critical Insight
The number of options available for end-user computing today—complicated by trends like mobility, consumerization, and BYOD—can be overwhelming for infrastructure managers developing a long-term strategy.
Blindly following trends results in wasted effort and spending when initiatives have not been designed to fit together.
An end-user computing strategy is not only about technology. Processes and people are equally important if a strategy is to be successful.
Most strategies are stuck years in the past. Users have evolved faster than IT. Catch up, and ensure that your strategy is ready for the next decade.
Focus on the user, not the device. A locked-down PC is obsolete.
Impact and Result
A well-planned end-user computing strategy can:
Improve the lives of users by enabling access to company resources in a way that fits their use cases.
Improve the lives of IT by implementing the most efficient tools for deploying, managing, and supporting end-user computing resources.
Improve the business by reducing wasted spending and identifying new revenue opportunities enabled by new end-user computing trends.
Develop an end-user computing strategy and roadmap that fits all the pieces together, and then communicate the plan with a set of simple documents.
Mortgage Filing: Providing a single processing system for operational trackin...The Digital Group
Providing a single processing system for operational tracking, printing, and follow up. Enhancing automated processing and tracking functionality, performance and scale necessary to print and transmit 10K documents each day and reducing support for operating UCC filings, Real Property Filings, etc
Cloud technology is no longer a new player in the market,
but it’s a mature and integral part of the IT landscape and a
key parameter in driving business growth. It is an
indispensable topic among CXOs. A research by Fraedon has
found that almost half of the banks find their legacy
systems to be the biggest hindrance in their growth.
A model demonstrating why SaaS is the best option for banks when accessing technology. Credit Risk systems are key interface points for bankers and an ideal case study. Banks have long ago realised owning property is not a good use of capital, and the logic is more compelling for a fast depreciating asset like software.
The cumulative effect of decades of IT infrastructure investment around a diverse set of technologies and processes has stifled innovation at organizations around the globe. Layer upon layer of complexity to accommodate a staggering array of applications has created hardened processes that make changes to systems difficult and cumbersome.
Server virtualization upends this serial relationship. With server virtualization, a
hypervisor dynamically creates multiple, isolated software instances, or virtual machines
(VMs), on a single server. This abstraction allows multiple workloads to simultaneously
share the server's resources. By interleaving the ebb and flow of multiple workloads,
server utilization rates can be dramatically and permanently improved. In addition, server
sprawl can, for a period of time, be reversed.
Streamline your digital transformation for a future ready venture.LCDF
Streamline your digital transformation for a future ready venture. How the Pandemic How the pandemic impacted DACH Industries the unexpected catalyst for digital Transformation ?
NEC Backup as a Service reduces administrative tasks, helping it departments...InteractiveNEC
Cloud solutions continue to grow not only in adoption but also in importance in customer IT strategies. In typical risk-averse practices, cloud solutions were initially used near the fringes of IT environments, delivering test and development functions far outside most of the core mission-critical workloads sustaining internal and external business operations. Likewise, customers in regulated industries such as healthcare or government were initially wary of the security and performance of services delivered from third-party data centers. These dynamics are changing rapidly, however, as both the customer and vendor behavior around cloud have matured considerably. Cloud providers have expanded their data center locations, added almost every flavor of regulatory compliance, and enhanced security capabilities. These developments have dramatically lowered the traditional barriers to cloud adoption, allowing customers in almost any industry to have at least the possibility of deploying most of their workloads through cloud delivery methods.
Cloud ROI and Implementation - A TechBlocks Solutions GuideTechBlocks
Realize your business potential in the cloud. This guide includes:
- How to improve business productivity in the cloud
- How to measure cloud ROI
- A step-by-step process for building your roadmap for success
1. Putting together a qualified team
2. Creating a written business case and strategy
3. Picking the right deployment and service model
4. Creating governance rules
5. Overcoming compliance and security issues
6. Integrating, validating and managing the cloud
7. Moving forward into the cloud - long term management
Software Design Implementation
Connie Farris
Colorado Technical University
Software Design
(CS457-1903B-01)
Imad Al Saeed
08/28.2019
SOFTWARE DESIGN IMPLEMENTATION 3
SOFTWARE DESIGN IMPLEMENTATION 3
Abstract
I have decided after great thought, to design a client/server for a bank system.
SOFTWARE DESIGN IMPLEMENTATION 3
This paper will discuss and explain every phase of this project from start to finish starting with week one until the final design in week five. Every detail of this design will be laid per the instructor`s. directions. The whole design will be thought out and have certain aspects considered from the beginning. At the point when the Client-Server model is looked at from the financial business' viewpoint, a few contributing variables can be seen that consider the model to have an incredible positive effect in the space.
Software Design Implementation
Table of Contents
Abstract2
Design Introduction4
Banking and Client/Server4
Introduction5
Outline6
Design Specifics7
Issues, Answers and Design7
References:11
Design IntroductionBanking and Client/Server
A client -server configuration shows a couple of focal points for any item improvement gathering. These focal points can be seen from the most punctual beginning stage of structure completely through help of a system. Client- Server offers two or three potential contributing components that moves programming applications to the undertaking level of passed on frameworks. (Slope, Kruth, Salisbury and Varga, 2010) The Client-Server auxiliary model presents makers with a couple of key points of interest and two or three injuries that can be managed and diminished.
When the Client-Server model is seen from the budgetary business' perspective, a couple of contributing factors can be seen that mull over the model to have a remarkable beneficial outcome in the space. The money related business has moved towards practically a completely electronic locale. As this electronic insurrection has happened, banks have been scrambling to remain mindful of reliably changing customer demands. (Slope, Kruth, Salisbury and Varga, 2010) Shoppers are continually looking for more access to their information, access at snappier speeds, and access from essentially any device they have. Client Server configuration has been at the center of this reliably changing programming scene and thinks about some key fragments of these systems to work effectively.
Example:
Introduction
The bank has been analyzing ways it would improve its client association and make its things and associations essentially continuously open to its clients. With their energetic paced lives, these clients need the choice to get to their bank and be rapidly furnished with a wide gathering of things and associations they would have regularly expected to visit the physical branch to get to. The customers ought to build up a web banking stage, and everything considered the get-together will be, so to.
Global data is on the rise, in terms of scale, complexity & functionality, paving a way for data centers to be more intuitive, coherent, holistic, & easily accessible.
Virtualization 2.0: The Next Generation of VirtualizationEMC
In this paper, Frost & Sullivan define virtualization 2.0 and show the enhanced benefits that the latest virtualization platforms can deliver to the business.
You will learn how the virtualization 2.0 can:
- Improve your business agility, productivity, and application performance
- Provide new benefits of next generation virtualization platforms, including capacity management, predicitive analytics and data protection
White Paper IDC | The Business Value of VCE Vblock Systems: Leveraging Conver...Melissa Luongo
The Business Value of VCE Vblock Systems: Leveraging Convergence to Drive Business Agility
In the past decade, information technology (IT) evolved from an enabler of back-office business processes to the very foundation of a modern business. In the increasingly digital and mobile world, the datacenter is often the first and most frequent point of contact with customers. The ability to innovate quickly lies at the heart of today’s changing business models. Businesses expect their IT investments to accelerate their pace of innovation, provide flexibility to meet new demands, and continually reduce the costs of operations.
Converged infrastructure is essential for many companies to ensure that their datacenter infrastructures can meet today’s challenges. The business rationale for deploying converged infrastructure goes far beyond traditional IT feeds and speeds. Customers using converged solutions like VCE’s Vblock Systems (Vblock) realize lower costs, greater levels of utilization, and reduced downtime. VCE customers in this study recognized business benefits such as improved organizational agility, faster application development, increased innovation, and improved employee productivity.
IDC interviewed 16 VCE Vblock Systems customers to understand and quantify the benefits delivered by their Vblock converged infrastructure deployments. Vblock Systems are built by VCE using compute, network, and storage technologies and virtualization software from Cisco, EMC, and VMware.
IDC found that by using Vblock Systems, these organizations recorded improved business outcomes and that these improvements are increasingly driving IT investment decisions.
All VCE customers interviewed for this study generated substantial business value by consolidating their IT infrastructures with Vblock. IDC calculates that these VCE customers will generate five-year discounted benefits worth an average of $384,202 per 100 users by using Vblock, which will result in an average return on investment (ROI) of 518% and a payback period of 7.5 months.
Netmagic solutions, leading IT Managed service provider with Data centers & Cloud Computing in India fulfills your entire IT infrastructure requirements: from collocation services to dedicated hosting, diaster recovery & data Storage solutions.
NFRASTRUCTURE MODERNIZATION REVIEW
Analyze the issues
Hardware
Over-running volume of data is a problem that should be addressed by data management and storage management. Data is being constantly collected but poorly analyzed which leads to excessive amounts of data occupying storage and delay in operations which inevitably affect production, sales and profits. If this remains unresolved, current data may have to be moved to external storage and recovered if needed. There is also the risk of data not being encoded into computers and thus will remain in manual state. This can be a case of redundant or extraneous data that is not yet cleaned and normalized by operations managers with the guidance of IT. This situation is known as data overload where companies actually use only a fraction of the data they capture and store. Many companies simply hoard data to make sure that they are readily available when they are needed. This negatively impacts the Corporation when assessing data relevance, accuracies and timeliness (Marr, 2016).
Software
The Largo Corporation (LC) seems to running on an enterprise resource planning system that is probably as long as 20 years old. Initially, LC has had success with the old system because they were able to establish themselves in various industries such as healthcare, media, government, etc. But due to various concerns, the Corporation is currently running on an outdated system because it is unable to provide services that keeps the Corporation a float. The LC is losing revenue and customers. Complete data without analysis is invaluable because, no information and insights can be produced that will support decisions. Customer data should lead to the best marketing and sales campaigns. The Corporation needs to recognize its weaknesses and implement changes to their software by incorporating funding for a new system that is reliable, secure, and has the ability to run on integrated systems; all of which will streamline data organization and analysis for the enterprise. (Rouse, n.d).
Network/Telecommunications
The network that was built in the 1980’s has become slow and unreliable affecting business operations. The problems caused by the old network are; lack of integration and communication between departments affecting the work flow, supply vs. demand, and inability to analyze data to carry out these operations. The Corporation should have taken into consideration the growth of the company by expanding and upgrading their networks along with their services. They should also take into consideration the number of departments, the number of users and their skill level, storage and bandwidth, and budget (Rasmussen, 2011). The current network does not allow employees to connect on their mobile devices which restricts flexibility and places limitations on productivity and portability.
Management
The responses of both IT and the business group are both juxtaposed against e ...
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Virtualization infrastructure in financial services rully feranata
1. Virtualization's Impact on Banking and
Finance: Is it a Reality Yet?
Writer: Rully Feranata – Enterprise Architect Wholesale Banking - Bank Mandiri, Indonesia
Over many years, the IT function in financial institutions has evolved from a mere transactional tool into
a pervasive, integral element of virtually every aspect of doing business. This transformation has
constituted a fundamental, structural change in the financial services arena and has put IT performance
at the top of the CEO’s agenda at most banks and insurance companies.
Yet most institutions are facing a major IT problem: How to cope with growing complexity? This
complexity can stem from numerous sources, such as funding models that make it difficult to pursue
long-term, low ROI projects like IT application consolidation; short term business decisions whose
cumulative IT ramifications become problematic over time; old and inefficient legacy systems that are
never retired; numerous new applications that are incrementally patched in without sufficient regard to
their effect on the long term IT environment; and poor integration of IT systems following mergers and
acquisitions.
As it evolves, IT complexity causes severe problems for financial institutions and their customers alike.
For example, employees often see only a portion of any given process and are unable to get an
integrated picture of a customer’s current holdings or position on one screen. Staff must deal with
multiple applications that show inconsistent or incorrect data and must log on to numerous systems
every day. Customers in the other hand must deal with the staff inefficiency that result from disjointed
IT landscape and frequently must turn to multiple channels to resolve issues – often with different point
of access providing conflicting information.
Moreover, from a cost standpoint – IT Cost are growing faster than any other category for most financial
institutions. And between 60 and 80 percent of IT budget usually go toward maintenance, development
and testing, with about half of what remains being committed to wiring in new applications. Precious
little is left over for investment and renewal. Indeed, in a value creation sense – the cost of IT’s effect on
staff productivity and morale is greater than the cost of capital for most banks.
The problems stemming from IT complexity can often be solved by radically simplifying the IT landscape.
Such an initiative can also reduce overall IT costs by up to 30 percent and provide significant benefits in
terms of increased flexibility in implementing future changes to the IT environment. But how can banks
go about a comprehensive IT Streamlining?
There are many methods and steps to do it, but since I have already mentioned above on IT budget
mostly gone to development and testing through server virtualization and consolidation – this areas
that I would like to highlight and discussed more, other strategy for virtualization such as storage
virtualization, desktop virtualization, and other would be discussed separately.
2. Taking a stake – Earned Profit or Risk?
Most banks are pursuing virtualization to varying degrees these days. But how far they should go with
these efforts, and how much of their infrastructure can be virtualized, are up for debate. Virtualization --
the process of running programs in virtual storage and creating virtual versions of hardware or operating
systems -- can help financial institutions reduce costs and improve services, but there are concerns
about the potential risks of too much virtualization and of virtualizing legacy applications. It's a
technology that banks must be vigilant in using, experts say.
Some expert may have comments like "Since virtualization technology is fairly mature, most banks
should be leveraging it in some capacity, Virtualization can be very beneficial from a financial
standpoint". Those benefits include speeding up time to market, reduced costs for IT resources, greater
agility and connectivity to run applications, accelerated service delivery and server consolidation.
You can set up low-cost environments, and for certain organizations being able to do things quickly
translate into a huge cost savings. It's a worthwhile thing to start to leverage.
There are, however, still some concerns about the implications of server virtualization - One issue is, it's
so easy to adopt that you can get server sprawl. It can create a bit of a mess if you aren't disciplined
about it, but that's true of anything regarding technology. But with virtualization you may need to be a
bit more vigilant.
Another limitation of virtualization has to do with the presence of legacy systems and older applications
that most banks possess. "You've got these old mainframe apps from the '80s churning in a back room,
and people touch them maybe once a year. You wouldn't put something like that in a virtual
environment," a response from one customer. "And there are some applications -- especially in top-tier
banks -- that require an extraordinarily high performance and use an extreme level of system resources.
In those environments, it can be very difficult to virtualize."
Still, we believe that by and large, virtualization is beneficial to banks. In fact, there are two "easy wins"
banks can pursue quickly with virtualization: development and test environments and disaster recovery.
Many third-party vendors will set up test sites in a virtual environment, but some said that for banks it's
also easy to set them up by yourself.
If you have a virtual environment, you can take a piece of hardware and put a development
environment up and mirror a production environment and save an extraordinary amount of money on
that alone.
“Banks realize the impact virtualization can have on operations, from the data center to the desktop,
and how it should be embraced as part of an enterprise wide infrastructure strategy,” said Rich
Feldmann, managing director of the U.S. Financial Services Group at Microsoft. “Virtualization helps
create the foundation for innovative banking applications and channels by producing an agile
infrastructure. While banks are known as early adopters of technology, this survey indicates that more
than one-third are still on the sidelines waiting for greater value and ease of use before adopting.”
3. The survey was conducted in February 2008 and includes responses from 100 technology decision-
makers in the United States and United Kingdom with IT management responsibilities over a region or at
the enterprise level for retail banks with assets of more than $25 billion. Key findings included these:
• Fifty-three percent of those implementing virtualization reported that it makes it easier to
centralize deployment and manage applications, and an equal number reported that it produces
cost savings — while 51 percent reported that virtualization makes it easier to respond to issues
such as failures of applications or systems.
• Saving space (46 percent), making it easier to provide security (46 percent) and saving energy
(34 percent) also ranked as significant drivers for the technology.
• Among those who are currently using virtualization, 95 percent use it in regional or national
headquarters, such as in data centers, while 53 percent use it within branch offices; nearly one-
third (32 percent) of those who are planning to use virtualization say they will definitely or
probably use it in branches.
• The most frequently mentioned type of branch where virtualization has been deployed is
community branches (82 percent), followed by premium or showcase branches (31 percent), co-
located branches such as those within stores (28 percent), and branches-in-a-box (13 percent),
such as mobile branches used on college campuses and for events.
The wide variety of virtualization reported in the survey may be a direct result of increasing market
pressure on banks to reduce costs, innovate and manage IT resources more centrally. For today’s major
retail bank, machine operating system virtualization is becoming a foundation for a dynamic and
responsive data center; application virtualization is changing how banks manage line-of-business
software applications; desktop virtualization is empowering workers by enabling them to run multiple
operating systems on a single desktop; and presentation virtualization allows bank employees to
seamlessly execute an application from a remote computer.
Business Drivers
For years, bankers have been watching and waiting for the definitive direction of virtualization. Although
the technology isn’t new, there has been a delay in adoption for reasons ranging from an overall lack of
knowledge about the benefits, to banks fearing a shift in their day-to-day operations.
Today, virtualization technology is maturing and the tangible benefits are being realized – and the timing
couldn’t be better. In the recent uncertain economic environment, the industry-wide virtualization
initiative is generating immediate and ongoing operating efficiencies and cost savings for many banks
nationwide. And more and more banks are progressively plugging in.
Below are the top five reasons banks are implementing server virtualization:
• Get More out of Resources
With virtualization, banks can pool common infrastructure resources and break the legacy “one
application to one server” model with server consolidation. Virtualization can dramatically
4. reduce the number of physical servers and dynamically redistribute excess computing power to
where it is needed most. As the processing power of today’s servers continues to increase, it is
now easier than ever for one more powerful server to replace multiple smaller servers.
Reducing the number of physical servers also reduces ongoing energy requirements, making it a
more environmentally friendly way of doing business. This option is attractive to banks that are
adopting “green” business practices.
• Reduce Data Center Costs
Cost reduction is one of the primary reasons banks are increasingly taking advantage of
virtualization. Virtualization requires fewer servers and related IT hardware and can reduce real
estate, power, and cooling requirements. It also provides more efficient management tools,
which can enable banks to improve their server-to-admin ratio and even reduce personnel
requirements. And looking at the big picture, virtualization dramatically reduces the hassle and
costs associated with ongoing hardware maintenance.
• Enhance Availability and Security
Virtualization increases availability of hardware and applications, improving business continuity
and disaster recovery. It enables banks to securely backup and migrate entire virtual
environments with practically no interruption in their day-to-day operations. With virtualization,
banks can eliminate planned downtime and recover quickly from unplanned business
interruptions.
• Gain Operational Flexibility
Virtualization enables banks to respond to market changes with dynamic resource management,
faster server provisioning and improved desktop application deployment. Banks need to be able
to change software and add new products in a reasonable time frame. With a virtual server
infrastructure, they can do this without having to find new hardware, order it, and wait on
having it shipped to the bank. If you have the growth room in your setup you can configure and
test without having to wait for equipment.
• Improved Desktop Management and Security
Virtualization provides environments that users can access locally or remotely, with or without a
network connection on almost any standard desktop, laptop, tablet PC, or device. With desktop
virtualization, banks can secure and manage desktops from one centralized location. Using
simple management tools, all desktops can be configured the same and the data is stored at a
data center to help ensure that security and backup policy requirements are upheld.
5. Our Strategy
Getting Started with Virtualization
Banks that are interested in getting started with virtualization should begin the process with discovery
and planning. It’s important to analyze the current operating environment and use that information to
decide how and where virtualization should be utilized.
Discovery – First, take inventory of your entire environment, including servers, workstations, and
switches. Monitor the performance of your environment, which includes building a history of
performance for servers, diagramming what each workstation needs physically, and tracking
performance of bandwidth locally on wide area networks.
Planning – Review your discovery documentation, and determine what elements of your environment
are good candidates for virtualization. Determine your future needs in areas such as management,
disaster recovery, and cost savings. And make sure you’re working with a trusted and proven vendor
that is experienced with evaluating and implementing virtualized environments. Look for a vendor that
offers custom network solutions and consultation that support virtualization, server consolidation,
storage, communications, conversions and migrations
Oracle has recommends two kind of practical approach:
1. Server Virtualization (disaggregating a single physical server into multiple logical servers (VMs)
or partitions)
6. 2. Server Pooling (aggregating many physical servers to appear like a single logical server)
Criterias Server Virtualization Server Pooling
Scalability • Limited to SMP size
• Online migration to larger server
• Unlimited scale-out clusters
• Provision new server to cluster
Availability • Reduces planned downtime
• Enables broad HA deployment
• Reduces planned and
unplanned downtime
• Fastest failover times
• Fine-grained resource allocation
• Dynamic load balancing
• Server resource allocations
• Dynamic load balancing
7. Flexibility • Server consolidation
• Improved CPU utilization
• Scale-out and HA using low cost
servers
• Improved server utilization
through pooling
Savings • Small to medium size
• Legacy and non-critical applications
• Test and development
• Medium to very large
• Mission and business critical
• Performance critical
applications
Workload • Simple deployment
• Works with existing apps
• More complex deployment
• Requires grid-enabled S/W
Benefits
“Virtualization helps make more effective use of existing hardware investments and significantly
improve IT agility,” said Kathleen Khirallah, managing director and practice leader, Global Banking,
TowerGroup. “These emerging technologies are helping today’s bank compete more effectively in an
ever-changing market by helping people anticipate and respond to business challenges and
opportunities rapidly and effectively.” As you can see at below figures – the benefits of adopting server
virtualization.
Summary
Server virtualization can generate significant cost and time saving benefits to banks. If you haven’t
researched how this operational enhancement can help your bank save money, improve disaster
recovery, and simplify day-to-day processes, there’s never been a better time than right now. Around
the world, companies of all sizes are benefiting from virtualization – don’t be left behind!