Hardware & Software

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In the world of software, Microsoft is hardly ever in second place, let alone third. As the publisher of the dominant Windows operating system and a slew of productivity tools and back-office products, Microsoft is all over Wall Street. And yet it isn't. While many traders' desktops run Windows, and while Word, Excel and PowerPoint are staples among Wall Street's rank and file, the real fight for financial-firm dollars is centered on the data center.

And there, Microsoft is taking on IBM and Sun

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