Thursday, December 24, 2015

Moving Data Costs Millons to Banks/FIs

The IBM z Systems platform is the business world’s preferred system of record, responsible for more than 70% of the operational data generated by banks, retailers, and other large
enterprises around the globe.

And each day, much of that data is moved to separate analytics environments to gain new
business insights.

Moving data costs money.

The additional MIPS that are used by operational systems contribute to software, hardware, storage, and labor costs that can total millions of dollars.

Companies mostly overlook these costs and continue to analyze their operational data, such as online transaction processing (OLTP) records, by copying it to distributed servers. One
oft-quoted anecdote states that for every OLTP database, there are seven or more copies being maintained in other locations for analytics or other purposes


No one questions the value of analyzing OLTP data. You cannot overstate the benefit of finding hidden trends in sales reports, insurance claims, and so on. But at what cost?

Conventional thinking has been that off-platform analytics is the best option, and that data movement expenses are insignificant.

But conventional thinking is wrong.

The IBM zEnterprise® Analytics System 9700 solution lets you analyze data as rapidly as ever while dramatically reducing the expense of moving it.


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