GRID Computing - Application Virtualisation
Grid Computing can be defined as "application virtualisation software that virtualises and distributes application workloads". It further executes in a guaranteed and scalable manner over existing computing resources. By creating a virtualised environment that matches user demand, with supply of available system and data resources, grid computing provides an "on-demand" environment that dramatically improves application performance, resiliency and uptime.
Organisations are turning to grid solutions to maximise their existing IT infrastructure and to achieve a virtual, scalable application architecture that reduces capital spending and operating costs and requires minimal maintenance or oversight. Grids can help differentiate services and create competitive advantage by accelerating time to market for business-critical applications.
Business Benefits:
- Respond and adapt quickly to changing business requirements
- Apply the power of grid to data integration and deliver results faster
- Decrease cost through improved resource allocation
- Improve collaboration and productivity while promoting operational flexibility and precision
- Run more complex models faster and enable:
- better insights into risks and reserves
- shorter product development cycles
- predictability for meeting regulatory compliance
"Every CIO should be looking at grid computing. It's a double win from a cost standpoint. You get it up front by retiring servers and leveraging the hardware that you already have in place. If you're doing a better job of managing risk as a life insurance business, you're also winning on the back end, because the policies you're selling are better underwritten, and therefore more profitable." - Scott McKay, CIO, Genworth Financial |
