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Financial companies lead Linux charge
24-07-05 18:09
Age: 3 yrs


BY: REUVEN COHEN


Category: Technology News, Open Source News

Private corporations and public-sector users in Europe typically cite pragmatic reasons for taking up the open-source operating system. They point to price and performance benefits. They want freedom to swap out hardware. They find the operating system reliable. They like its flexibility.


Computerworld cites that private financial services sector have moved to Linux more than any other sector. This too is mostly on the server side only. Enterprisewide linux deployments for desktop users have been few and far between. From the article." From the article: "On the server side, perhaps no single industry has tested Linux's enterprise mettle more than the financial services sector. Companies were facing mounting pressure to cut costs at the turn of the millennium. The Internet bubble was about to burst. Prices were fluctuating wildly. Order volume and data traffic were spiking in the wake of the electronic trading boom. Revenue was not."


Links:

www.computerworld.com.au/index.php/id;443251353;fp;16;fpid;0







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