Hardware Vendors Embrace Grid Computing

ENTERPRISE INFRASTRUCTURE

LONDON and MENLO PARK, Calif.--Computer hardware manufacturers are increasingly embracing grid or distributed computing as financial services clients demand IT cost-reduction solutions.

Historically, hardware vendors were happy to keep selling financial services companies more and more servers and PCs to handle their increasingly heavy computing needs. Now, however, many banks realize that while they have spent millions on PCs and servers, resource-hungry applications keep demanding more

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