Financial Firms Save Millions by Deploying GridIron Systems’ TurboCharger
Firms benefit from advanced Solid State Disk technologies without the risks associated with new technology introduction thanks to TurboCharger, a uniquely transparent and non-disruptive appliance designed to accelerate Big Data.
SUNNYVALE, November 28, 2011 – GridIron® Systems today announced that its new TurboCharger™ appliance is being readily adopted by the financial services industry to improve service levels and solve Oracle and SQL-server performance challenges. Several new case studies document how firms requiring 24x7x365 access to data saved millions of dollars and dramatically boosted application performance and customer satisfaction. These benefits were delivered without the downtime, data migration and configuration changes associated with solid state disk-based (SSD) primary storage arrays.
Firms in the competitive financial services industry were able to deploy TurboCharger and accelerate their big data applications in record time while meeting stringent reporting regulations and service level agreements. There were no changes required to servers, storage, applications, or the configuration of high availability and data protection scenarios. Operational procedures remained unchanged and existing investments in servers and storage were protected because nothing was thrown away. The challenges these firms have overcome in meeting tougher data management and reporting requirements mandated by recent financial reform, burgeoning data growth, and continuous operations, are commonplace in the competitive financial services sector.
GridIron Systems’ TurboCharger boosts application performance up to 10 times by providing RAM-like access speeds to big datasets. However, it does not require applications or data to be migrated from cost-effective hard-disk based storage to expensive solid state disk storage. This enables financial technology services firms such as COCC to provide dramatically faster access to complex financial information.
“Installing GridIron enabled us to provide significant improvements to the customer experience without any upgrades to our hosting infrastructure,” said Mary Sokolowski, Storage Architect at COCC (http://www.cocc.com/) – a firm founded by community financial institutions to deliver advanced, cost-effective financial technology services. “GridIron has cut COCC’s production run time by two thirds for its most intensive applications, and cut backup time in half. GridIron also enables COCC to fix performance hotspots in minutes without changing applications or infrastructure.”
Sokolowski said that GridIron enabled COCC to rework its hardware deployment strategy, resulting in a reduction of $500,000 in software license expense. Other firms in the financial services sector reported saving between $1 million and $3.5 million by choosing the GridIron solution.
“In order to stay competitive, financial services companies must provide reliable, non-stop service in the face of increased regulatory mandates and the need to efficiently process enormous volumes of data,” said Ed McCann, Vice President of Sales at solution provider company ConRes that introduced the GridIron solution to COCC. “GridIron’s TurboCharger is the only solution in the industry that integrates with existing infrastructure without disruption or changes to business operations. Customers are telling us that simply plugging in TurboCharger is helping them become more competitive. User satisfaction is at an all-time high. All these benefits are realized while also saving millions of dollars in avoiding purchases of new infrastructure equipment and database licenses.”
The case studies are available at www.gridironsystems.com/resources
About GridIron Systems
GridIron Systems is a Big Data Acceleration company based in Sunnyvale, California. Formed by a team of networking, storage and SAN innovators, it has focused on bringing the benefits of new technologies like solid state disk to improve data center performance and costs with the LEAST amount of operational disruption. GridIron has 24 patents pending in areas related to big data storage, access-behavior analysis and management. GridIron offers the most comprehensive solutions to speed up multi-terabyte databases including clustered and virtualized environments at a fraction of the cost of alternatives. Additional information is available at www.gridironsystems.com. Follow GridIron on Twitter: @gridironsystems.
GridIron, TurboCharger and Set-Ranking are registered or claimed trademarks of GridIron Systems, Inc. All other marks are the property of their respective owners.