For growth initiatives, many companies are looking to innovate by ramping analytical, mobile, social, big data, and cloud initiatives. For example, GE is one growth-oriented company and just announced heavy investment in the Industrial Internet with GoPivotal. One area of concern to many well-established businesses is what to do with their mainframe powered applications. Mainframes are expensive to run, but the applications that run off of them are typically very important and the business can not afford to risk downtime or any degradation in service. So, until now the idea of modernizing a mainframe application has often faced major roadblocks.
There are ways to preserve the mainframe and improve application performance, reliability and even usability. As one of the world’s largest banks sees, big, fast data grids can provide an incremental approach to mainframe modernization and reduce risk, lower operational costs, increase data processing performance, and provide innovative analytics capabilities for the business—all based on the same types of cloud computing technologies that power internet powerhouses and financial trading markets. Continue reading