Armonk, N.Y., USA - April 08, 2013 - IBM (NYSE: IBM) today announced that it plans to open a center of excellence in New York City to help financial services firms adopt open-source virtualization technologies. The KVM Center of Excellence in New York is the second such center established by IBM in the past five months. The first was opened in December in Beijing. The center will help clients, software engineers and business partners to quickly leverage open-source virtualization to build cloud-computing platforms. KVM Center to help financial firms use virtualization in pursuit of clouds.
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In a speech to senior business leaders at the Council on Foreign Relations, IBM Chairman and CEO Ginni Rometty outlined a new model for corporate leadership in which data would become the basis for competitive advantage, on March 7, 2013 in New York City.
For public and private sector organizations to thrive, she said, they will need to harness technologies such as big data, social networks and mobile computing to change how they develop and market products and services.
Courtesy of IBM / Jon Simon / Feature Photo Service for IBM |
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Armonk, N.Y., USA - April 08, 2013
IBM (NYSE: IBM) today announced that it plans to open a center of excellence in New York City to help financial services firms adopt open-source virtualization technologies.
The KVM Center of Excellence in New York is the second such center established by IBM in the past five months.
The first was opened in December in Beijing.
The center will help clients, software engineers and business partners to quickly leverage open-source virtualization to build cloud-computing platforms.
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IBM Chairman and CEO Ginni Rometty (center) and former Secretary of State Henry Kissinger (left) jointly presented former National Security Advisor Brent Scowcroft with the National Defense University Foundation’s first International Statesman and Business Advocate Award for his lifetime of service to his country and his support of the free enterprise system, at the Ritz-Carlton Hotel in Washington, D.C., on March 13, 2013.
Courtesy of IBM / Nick Khazal / NDUF |
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Kernel-based Virtual Machine (KVM) is virtualization software designed for Linux and Windows.
Virtualization is used for server and desktop consolidation and cloud computing.
KVM is an alternative to proprietary virtualization software and can help companies realize significant cost savings and avoid vendor lock-in.
According to data from IDC, the worldwide virtual-machine software market was on track to grow to over $3.6 billion in 2012, up from $3.0 billion the year before, a 19.3% year-over-year growth.
(From Worldwide Virtual Machine Software 2012-2016 Forecast, IDC #235379, June 2012).
KVM is growing at 150% year over year in terms of unit shipments, with over 100,000 servers already using it worldwide for virtualization.
(From IDC Worldwide Quarterly Server Virtualization Tracker, March 2013).
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IBM has opened the first-ever KVM Center of Excellence in Beijing, China.
IBM executives reveal the opening of the first KVM Center of Excellence - from left: Jean Staten Healy, Kelly Beavers, Dominic Tong, Josephine Cheng.
Beijing, China, November 28, 2012.
Courtesy of IBM |
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“Wall Street is at the forefront of the adoption of Linux, and financial clients are now leading the way on adopting KVM in order to build a flexible computing infrastructure to meet business demands," said Jean Staten, director of cross-Linux strategy at IBM.
"As the industry evolves to meet new demands from customers and regulators, these enterprises will need expertise on how to build open standards-based clouds.”
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Jean Staten Healy, Director of Cross-IBM Linux, IBM Systems & Technology Group, Systems Software.
Courtesy of IBM |
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The new IBM KVM Center of Excellence will offer technical training and hands-on experience building enterprise KVM solutions.
Resources will also be available to help line-of-business professionals understand the benefits KVM offers.
KVM-based solutions from IBM, Red Hat, SUSE and other IBM Business Partners will also be showcased at the Center.
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KVM in action
Kernel-based virtual machine (KVM) technology is the most recent step in the evolution of open source, x86 virtualization technology.
KVM turns the Linux kernel into a bare-metal hypervisor using the hardware virtualization support built into Intel and AMD processors.
This means that KVM can use Linux to do many of the things that a hypervisor needs to do, like scheduling tasks, managing memory and interacting with hardware devices.
KVM creates virtual machines as Linux processes which can then run either Linux or Windows as a guest operating system, and using a modified version of another open source module – QEMU – to provide I/O device emulation inside the virtual machine.
KVM is thus able to efficiently and effectively run both Windows and Linux workloads in virtual machines – and also Linux applications natively alongside if required.
Courtesy of IBM |
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The KVM Center of Excellence is part of the IBM Wall Street Center of Excellence, which focuses on low latency and high performance technologies for financial markets clients.
For more information or to arrange a visit, please contact the IBM Wall Street Center of Excellence.
http://www-03.ibm.com/systems/services/briefingcenter/wscoe/
More information on IBM and its work with KVM is available
at: http://www-03.ibm.com/systems/virtualization/kvm/
First-hand customer experiences with KVM are available
at: http://www-03.ibm.com/systems/virtualization/kvm/stories.html
Contact information
Michael Corrado
IBM External Relations
1 (914) 766-4635
mcorrado@us.ibm.com
Source: IBM
http://www-03.ibm.com/press/us/en/index.wss
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