Book description
Financial markets are witnessing an unprecedented explosion in the availability of data, and the firms that survive will be able to leverage this information to increase their profit and expand their opportunities in a global world. Financial firms have two options: to build their own data centers or to outsource them to hosting services such as Google and Amazon ‘cloud’ services. While outsourcing data centers is a trend for small firms, it is not applicable to bigger firms who want more control over their huge amounts of data. Large firms thus build their own data centers. In such an environment, the CIO’s ability is crucial to lead an effective data strategy to capture, process and connect data to all the relevant lines of business. At the core of this strategy lies the data center - the repository of all information. In recognition of the importance of information, firms are rushing to invest in data centers, but they are finding that just throwing technology at the problem is not good enough. Despite the investments, data centers prove frustrating in terms of inefficiencies and rising costs, directly cutting into the profitability of lines of business that they serve. While there are books that discuss the mechanics, hardware and technicalities of data centers, no book has yet made the connection between enterprise strategy and data center investment, design and management.
Table of contents
- Cover Image
- Table of Contents
- Copyright
- Series editorsâ preface
- Preface
- About the author
- Book conventions
- Chapter 1. The accelerating demand for datacenters
- Chapter 2. Challenges in legacy architecture
- Chapter 3. Real Time Enterprise
-
Chapter 4. Design from the top-down
- 4.1. Bottom Up: Past Design Decisions Influence Todayâs Operations
- 4.2. Top-down: Aligning Supply to Demand
- 4.3. The Impact of Fluctuating Demand on Rigid Supply
- 4.4. The Tailored and Dynamic Environment
- 4.5. Realizing a Fit-for-purpose RTI Design (Design Principles for RTI)
- 4.6. Processing Execution Destinations (PEDs)
- 4.7. The Next Generation Datacenter (NGDC) Design
- Chapter 5. Designing the foundation
- Chapter 6. Extreme optimizations and eco-efficiencies
- Chapter 7. Manage for scale and evolution
- Chapter 8. Key strategies and technologies
- Chapter 9. Measure for success
- Chapter 10. Industry extended applicability
- Appendix A:. Wachovia CIB case study
- Appendix B:. NGDC maturity model
- Index
Product information
- Title: Next Generation Data Centers in Financial Services
- Author(s):
- Release date: September 2009
- Publisher(s): Elsevier Science
- ISBN: 9780080959368
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