|
10/04/2005, 4:00 PM - 5:00 PM
Moderator:
Ken King, VP Grid Computing, IBM.
Speakers:
Steve Yatko, Global Head of Research and Development IT, Credit Suisse First Boston.
IT is seen as an asset industry-wide but is in many ways a victim of its own success. With more and more businesses becoming dependent upon IT, technology has been more widely deployed to meet increasing demand. In the process current underlying technologies have frequently proven inflexible, expensive, and unreliable. Consequently, the capacity for IT to provide innovation and bottom-line benefit has stagnated. An innovative solution is desperately required to address these problems. This solution is Service Oriented Computing.
Service Oriented Computing requires a Service Oriented Infrastructure and Service Oriented Architecture, leveraging Grid principles and technology. Standards and interoperability play an ever-increasing role in this next era of computing, which requires running IT as a service provider in order to accelerate differentiation. Automating IT will become the source of differentiation. IT must focus on the economics of IT service delivery every bit as much as it does on the technology and delivery of IT.
Trends of network-based computing coupled with the challenge of operational complexity have resulted in increased IT cost pressures. The long-term impact of ongoing cost pressures on innovation can be directly correlated to the ability of IT to enable and accelerate the business. The economics of agility will support new business opportunities and help IT fund and manage change as a competitive weapon. Service Oriented Computing will also bring a new future to business transparency, SLA's, cost allocation and asset management, thereby enabling the business to more equitably pay for the technologies enabling its future. A new means of managing technology resources against the business demand will be the Virtual Resource Market (VRM). The VRM is an economic marketplace enabling resources to be allocated efficiently to meet the changing business demand.
The benefits of this technology revolution will position IT to differentiate the business. Through virtualization, automation and the use of commodity components, IT will deliver increased availability, utilization, agility and manageability while decreasing its cost and footprint.
|
