Merrill Lynch: Linux saves money
Source: CNet News
Merrill Lynch research shows that deploying Linux internally that could save the company millions of dollars, an executive at the investment banker said.
During a presentation Friday at the Enterprise Linux Forum, Mark Snodgrass, vice president of Merrill Lynch's in-house technology provider, the Global Technology & Services group, said that the company has found that re-architecting its information infrastructure using Linux can reduce administration costs dramatically.
In fact, Snodgrass found that, while the software licensing costs of Windows was higher than Linux, the highest cost was in managing traditional Windows infrastructure.
"It's the people that cost the most," he said.
Merrill Lynch's new plans for its information infrastructure call for running much of its Linux applications not on their own physical machines but in virtual machines running on high-end servers. Such a scheme simplifies management and allows for rapid deployment of new Linux "servers" by activating a copy of a stored pre-configured image in as little as 2 minutes 14 seconds.
"We are not trying to promote Linux," Snodgrass said. "We are just trying to reduce the cost of ownership."
