Language Selection

English French German Italian Portuguese Spanish

LinuxWorld: Savings, Stability Make Strong Business Case

Filed under
Linux

As several hundred of the Linux and open-source faithful gather for the two-day LinuxWorld Summit here, the message that Linux has not only come to Wall Street but has been embraced by it is resounding loud and clear.

The sessions on Wednesday and Thursday focus primarily on the business case and security issues around the open-source operating system, both of which are areas of great interest to Wall Street and to the financial industry in general.

As a panel of enterprise Linux users, primarily from the financial sector, took the stage Wednesday to talk about their Linux usage, the common thread was the huge cost savings and stability they achieved because of the switch.

Robert Wiseman, chief technology officer at Cendant Travel Distribution Services, which has more than 5,000 employees in 110 countries around the world, said that in the early 2000s, the company was planning to move from a mainframe environment to proprietary Unix.

At that time, Linux was still regarded as immature, he said, "but we certainly don't regard it that way anymore." But Cendant, which owns brands such as Galileo International, Travelport, Travelwire, Cheap Tickets, Orbitz and Lodging.com, decided to examine the cost benefits of moving directly from the mainframe to Linux. The company found that the primary benefit came from the using the low-cost x86 hardware platform.

Aaron Graves, a senior vice president at Citigroup Technologies Inc.'s data center for technical services, said that while Citigroup had decided to stay on the mainframe, it had looked at Linux to bring distributed workloads into its mainframe hardware environment.

This had proven to be very reliable, Graves said, adding that Citigroup is getting good support from software vendors and is pushing other software vendors to port their applications to Linux, particularly Linux on the zSeries.

Josh Levine, chief technology and operations officer at E-Trade Financial, said that in the early 2000s, after the dot-com bubble burst, the focus was on making money and improving operating margins.

"We started porting our applications to Linux and were surprised by how fast it was. We found it compelling and when you find something that compelling, you overcome all obstacles, and that is what we did," Levine said.

Full Story.

More in Tux Machines

KDE: Simple by Default, Powerful When Needed

KDE (back when it was still the name of the desktop environment) and our applications historically stood for powerful features and great flexibility and customizeability. This is what our users love about our software, this is why they choose Plasma and KDE software instead of one of the other Free desktop offerings. And it is also something they would fight tooth and nail for if we wanted to take it away (as many a KDE maintainer who dared to remove a feature he thought was unnecessary can tell). Read more

BitTorrent Bleep alpha released for Android

As an alpha it still has some issues “As with any Alpha, there are some known issues and bugs to work out. Android users will need to set the app to “Wi-Fi Only” unless you have an unlimited data plan; this is only for the time being while we iron out and issue related to battery and data-plan. And while you can move a username from desktop to mobile, Bleep does not yet support moving an existing account from Android to the desktop. And while you can receive messages on multiple devices; messages sent will not be seen across all devices. As with our previous release, communications happen only when all parties are online – you cannot send offline photos or group chats asynchronously.” Read more

During Akademy 2014

This year there were lot of fast track (10 minutes) talks on different areas around KDE. All of them were quite interesting, some of them are: Bruno Coudoin talked about how and why GCompris moved to QtQuick with the support of KDE. What all challenges project faced while moving from GTK to Qt. Daniel Vrátil talked about his one year journey with Akonadi Martin Gräßlin gave an overview of current state of Kwin in adding Wayland support and future plans. Kevin Ottens talked about KDE craftsmen where analysis was on the way we handle our software production, how can we make our software even better. Kai Uwe Broulik talked about current status of Qt port on Android and iOS. Currently, 3 iOS apps in Apple store and 8 Android apps in Google play since December 2013. Read more

Leftovers: Software