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Citi: How we cut £900m from technology costs

Citi: How we cut £900m from technology costs

Citi has eliminated $1.42 billion (£904 million) from technology and communications costs over eighteen months, through dramatic changes to servers and storage, better system integration and processes, and the elimination of legacy software.

VMware founder backs network virtualisation startup

A start-up backed from VMware founder Diane Greene is developing a network operating system designed to virtualise networks and create networks ideal for cloud deployments.

NHS extends Novell security deal to cloud

NHS extends Novell security deal to cloud

The NHS has extended a networking deal with Novell, covering security and workload management for cloud applications.

McDonald’s serves up five year outsourcing renewal

McDonald’s serves up five year outsourcing renewal

McDonald’s has signed a five year extension to its global IT outsourcing agreement with Affiliated Computer Services.

Stock markets in 'data meltdown' threat

Stock markets in 'data meltdown' threat

High speed electronic stock exchanges around the world face a possible data meltdown, as trading volumes grow exponentially with computers doing most of the selling and buying.

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EU awards €1bn contracts for Galileo SatNav

The European Commission Thursday handed out over €1 billion (US$1.4 billion) in contracts to build and launch the first 14 satellites of Galileo, Europe's answer to GPS.

Credit Suisse steps up attack on network latency

Credit Suisse steps up attack on network latency

Credit Suisse is pushing to cut network latency, a year after it implemented a speed monitoring and management system.

Cisco slow on Windows 7 support

Cisco is warning customers of its unified communications products that support for Windows 7 won’t be forthcoming until the product’s 8.0 release scheduled for the first quarter of 2010. About a dozen more UC products will not support Windows 7 until version 8.5, in the third quarter of 2010 and at that time, only the 32-bit version of Windows 7 will be supported.

Cisco launches wave of collaboration technologies

Cisco has dramatically expanded its collaboration technology portfolio by launching 61 new products.

Juniper unveils new network suite

Juniper Networks has unveiled its new software, silicon, systems and partnerships, in an effort to take on competitors in the networking industry, such as Cisco Systems.

Yahoo open sources Traffic Server

The high-volume HTTP processing app can be high-performance app server for cloud services

Government signs consultancy deal for smart grid rollout

The Department of Energy and Climate Change has signed a contract with Accenture for consultancy on the planning and rollout of electricity smart grids.

London Stock Exchange platform acquisition ignites open source war of words

The London Stock Exchange’s decision to acquire Millennium IT, its next platform technology supplier, has sparked a war of words about open source versus proprietary software in high demand environments.

CA snaps up network management firm NetQoS

CA is to acquire network management company NetQoS, adding application-aware network and systems management products to its enterprise IT management portfolio.

London Stock Exchange ‘to acquire’ Millennium IT for electronic trading

The London Stock Exchange is “poised to acquire” specialist trading firm Millennium IT, according to the Financial Times.

Premier Foods uses its loaf in SAP trial

Premier Foods uses its loaf in SAP trial

Premier Foods is trialling a tracing system from Zetes which will automatically indentify goods and people by using mobile devices and barcodes connected directly to the SAP platform.

Hampshire and Isle of Wight sign £90m network deal

Hampshire and Isle of Wight sign £90m network deal

Hampshire and the Isle of Wight have signed a £90 million network services framework deal.

BP extends store network services deal

BP extends store network services deal

BP has extended a major network services deal with HughesNet for five years.

Internet meltdown warning as traffic reaches all-time high

Internet meltdown warning as traffic reaches all-time high

Public Internet-based services are at risk of suffering service degradation as Internet traffic reach an all-time high and network service providers run their networks 'hotter' to avoid infrastructure spending, global analyst firm Ovum has warned.

Nortel ditched for Cisco as London Olympic supplier

Nortel ditched for Cisco as London Olympic supplier

Struggling network company Nortel has been dumped as official supplier to London Olympics.

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