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[News] Merrill Lynch Quietly Consumed a Lot of Free Software

  • Subject: [News] Merrill Lynch Quietly Consumed a Lot of Free Software
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 17 Sep 2008 13:57:41 +0100
  • Bytes: 7825
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/0.10.4
  • Xref: ellandroad.demon.co.uk comp.os.linux.advocacy:690476
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In acquiring Merrill Lynch, must Bank of America open source its software?

,----[ Quote ]
| Lost in the rubble of the teetering titans of finance is an open question: 
| what will happen to the open-source software that they have heavily modified 
| and upon which many have built core business applications?  
| 
| It's a nontrivial question. Bank of America just acquired Merrill Lynch. 
| Merrill Lynch was a heavy adopter of and modifier of open-source software. 
| Because it never distributed that software, it was able to keep its 
| modifications private.   
`----

http://news.cnet.com/8301-13505_3-10043029-16.html


Recent:

Suncorp envisages Linux, ODF for 20,000 desktops

,----[ Quote ]
| Open source software is set to play an increasingly important role at
| Australia's sixth largest bank, according to Smith, who said that Suncorp
| will look to use open source "wherever we can".
`----

http://www.zdnet.com.au/news/software/soa/Suncorp-envisages-Linux-ODF-for-20-000-desktops/0,130061733,339289679,00.htm?omnRef=1337


Related:

FNB switches 12 000 desktops to Linux

,----[ Quote ]
| With 12 000 desktops switching to Linux this is very likely the
| most significant Linux and open source implementation in South
| Africa to date.
`----

http://www.tectonic.co.za/view.php?id=1562


Oracle easy meat for Red Hat Australia

,----[ Quote ]
| He said Red Hat was currently working with a "large bank", whom he kept
| anonymous, to introduce Linux into its IT environment.
`----

http://www.australianit.news.com.au/story/0,24897,22646223-5013040,00.html


Open source and mission critical: The Linux application server landscape

,----[ Quote ]
| In 2005, Michael Dortch, executive editor and director of IT infrastructure
| management strategies at the Robert Frances Group, penned a report comparing
| Linux application server total cost of ownership (TCO) with Microsoft's
| Windows and Sun Microsystems' Solaris. In that report, Linux won handily,
| prompting Dortch to recommend that all IT managers at least give the Linux
| application server a serious look for mission-critical data center tasks.    
|
| [...]
|
| What a lot of our clients are finding today, however, is that, with Linux and
| open source application servers, the wisdom of the crowd has solved those
| standards-based problems. And because the management tools are freely
| available and malleable, they find that the big sell was "cheap and free" but
| is now "What will complete my processes faster?" Open source used to be
| inexpensive and free, but now IT is finding value [in it] because it's more
| responsive and responsive.      
`----

http://searchenterpriselinux.techtarget.com/originalContent/0,289142,sid39_gci1264755,00.html?track=NL-825&ad=597846&asrc=EM_USC_1828806&uid=2087385


Forrester: Open source is everywhere, and increasingly used for
mission-critical applications

,----[ Quote ]
| Forrester just issued an insightful report on the increasing adoption
| of open source in the enterprise. The verdict? Open source is everywhere,
| and taking an ever-increasing piece of the enterprise pie
`----

http://weblog.infoworld.com/openresource/archives/2007/05/forrester_open_1.html


Open Source Slowly Gains Momentum on Wall Street

,----[ Quote ]
| Customers may be comfortable using Linux for infrastructure-type
| systems but less so for business software, said Monica Kumar,
| senior director of product manager for Linux and open-source
| software at Oracle.
`----

http://www.adtmag.com/article.aspx?id=20569


Linux Crossing Threshold to Real Mission Critical Computing

,----[ Quote ]
| ...Linux developers are steadily chipping away at the most
| significant functional gaps that limited its suitability for
| these workloads in the past, allowing it to progress far beyond the
| "edge of network" domain where it has traditionally thrived. The
| impressive wins by Novell and Red Hat prove that user perceptions
| about Linux's limitations are gradually crumbling as well.
`----

http://ideasint.blogs.com/ideasinsights/2007/04/linux_crossing_.html


Linux goes to Wall Street, puts on a show

,----[ Quote ]
| "The Financial Services firms are leading the enterprise adoption of
| open source technology, including Linux," says Zachary. "By watching
| the consumption patterns of these firms, open source vendors can
| gain a good understanding of the types of products and services
| that are commercially viable.
|
| [...]
|
| "We see a growing role for open source software beyond Linux in
| financial services companies and that's why many companies are
| expanding the governance policies and procedures around using
| open source software."
`----

http://community.linux.com/article.pl?sid=07/04/22/1310216&from=rss


Next Gen, Mission-Critical Apps To Be Deployed on Linux Says Report

,----[ Quote ]
| By now it should be obvious to even the most casual industry observers
| that Linux operating systems - and open source-based software in general -
| have reached critical marketplace mass. Recent Linux deals and
| announcements by Oracle and Microsoft have only reinforced the "open
| source is enterprise-grade" message that IBM, Unisys and other "Master
| Brand" hardware, software and services vendors have been preaching for
| years. In short, open source, especially Linux, is becoming "legitimized"
| by the major vendors for enterprise environments, and user executives
| are more than happy to believe them.
`----

http://www.linuxelectrons.com/News/RoundUp/Next_Gen_MissionCritical_Apps_To_Be_Deployed_on_Linux_Says_Report


CIO study finds Linux ready for prime-time

,----[ Quote ]
| The company predicts a steep rise: only 18 percent of businesses
| will be using Linux in business-critical roles by the end of 2007.
|
| "Linux operating systems - and open source-based software in general
| - have reached critical marketplace mass," said the study's authors,
| Bruce Guptill and Bill McNee of Saugatuck Research.
`----

http://www.techworld.com/opsys/news/index.cfm?RSS&NewsID=7681
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