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Friday, November 21, 2008
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Credit Suisse: virtualization in a services model

My continuing series showcasing virtualization insight from virtualization pros today focuses in on Credit Suisse.

This global financial services firm is one of those companies that recognized early on that virtualization would be transformational for its business. By 2002, IT managers understood that virtualization wasn't just a core technology, said Steve Yatko, managing director of Credit Suisse's Global Research and Development Group, in a recent interview. "We started to see that virtualization was beginning to build more of an ecosystem and a landscape shift across many different facets of technology and business capability. We saw it transcending into a paradigm shift allowing us to enter what we would consider a whole new era of computing, namely service-oriented computing."

With that understanding, Credit Suisse approaches virtualization not only as the layer that allows for the orchestration of capacity across servers and desktops, storage, memory, I/O and networking in general, he says, but also as a way to enable a virtual workforce, virtual applications and secure virtual access for internal and external users.

Essentially, Yatko said, Credit Suisse approached virtualization in a services model. "The goal was to leverage virtualization to build a much higher level of abstraction from the bits and bytes, the LUNs, the packet sizes, into something that could really talk about the business capabilities users needed to achieve and how much money they were essentially willing to afford for those capabilities."

Read about Yatko's must-have virtualization tool choices.

Get more information on how virtualization is coloring your world in our special New Data Center report.

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