Schwab Girds For Grid Computing - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Schwab Girds For Grid Computing

Brokerage firm is among the first to use grids for business-critical computing.

Charles Schwab & Co.'s customers insist on getting financial advice without delay, and the company wants to better use its IT resources. The brokerage firm already uses a grid architecture from IBM to distribute research and development workloads among Intel-based Linux servers. By year's end, Schwab plans to use grids in areas that directly affect its mission-critical and customer-facing applications.

"We're very excited about the prospect of using grids for a number of computing challenges that we have," says David Dibble, executive VP at Schwab Technology Services. "These include building products and tools that really give customers much, much faster turnaround." Grids speed processing capabilities by breaking down workloads and distributing them to available servers. Dibble won't disclose exactly which applications will run on grids but says his group "is developing and delivering grid environments that Schwab's business lines can exploit."

Schwab's embrace comes as IBM last week said it will make the distributed computing model a more viable option for businesses by packaging the necessary hardware, services, and software. The model is already popular among universities and research labs.

By turning an entire IT infrastructure into a single pool of resources, individual departments within companies won't have to buy new servers every time they run out of capacity, says Ahmar Abbas, managing director of Grid Technology Partners, a consulting and research firm. "But this also means there have to be changes to the way software is licensed," he says. The per-CPU licensing model won't work, because grids use as many processors as are available.

IBM's strategy isn't more advanced than Sun Microsystems' Grid Engine or Hewlett-Packard's Utility Data Center. But IBM's marketing push is more solution-oriented, Abbas says. That might just be what companies need to get on the grid.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
IT Salary Report 2020: Get Paid What You Are Worth
Jessica Davis, Senior Editor, Enterprise Apps,  2/12/2020
10 Analytics and AI Startups You Should Know About
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/19/2020
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Register for InformationWeek Newsletters
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll