Next Generation Data Centers in Financial Services


Book Description

Financial markets are witnessing an unprecedented explosion in the availability of data, and the firms that survive will be able to leverage this information to increase their profit and expand their opportunities in a global world. Financial firms have two options: to build their own data centers or to outsource them to hosting services such as Google and Amazon ‘cloud’ services. While outsourcing data centers is a trend for small firms, it is not applicable to bigger firms who want more control over their huge amounts of data. Large firms thus build their own data centers. In such an environment, the CIO’s ability is crucial to lead an effective data strategy to capture, process and connect data to all the relevant lines of business. At the core of this strategy lies the data center – the repository of all information. In recognition of the importance of information, firms are rushing to invest in data centers, but they are finding that just throwing technology at the problem is not good enough. Despite the investments, data centers prove frustrating in terms of inefficiencies and rising costs, directly cutting into the profitability of lines of business that they serve. While there are books that discuss the mechanics, hardware and technicalities of data centers, no book has yet made the connection between enterprise strategy and data center investment, design and management. This book is a solution driven book for management demonstrating how to leverage technology to manage the seemingly infinite amount of data available today. Each chapter offers cutting-edge management and technology solutions to effectively manage data through data centers. • Feature: Presents cutting-edge technology solutions not available in one place until now • Benefit: Saves time going to numerous websites, calling vendors, going to conferences • Feature: Includes step-by-step instructions on how to implement a data center strategy based on the author’s recent success with Wachovia’s data center • Benefit: Readers can follow these steps with confidence that they will work and not have to re-invent the wheel • Feature: Demonstrates how business and IT can be aligned in financial services • Benefit: Demonstrating this alignment is crucial for any proposal for IT related resources today




Next Generation Datacenters in Financial Services


Book Description

Financial markets are witnessing an unprecedented explosion in the availability of data, and the firms that survive will be able to leverage this information to increase their profit and expand their opportunities in a global world. Financial firms have two options: to build their own data centers or to outsource them to hosting services such as Google and Amazon 'cloud' services. While outsourcing data centers is a trend for small firms, it is not applicable to bigger firms who want more control over their huge amounts of data. Large firms thus build their own data centers. In such an environment, the CIO's ability is crucial to lead an effective data strategy to capture, process and connect data to all the relevant lines of business. At the core of this strategy lies the data center – the repository of all information. In recognition of the importance of information, firms are rushing to invest in data centers, but they are finding that just throwing technology at the problem is not good enough. Despite the investments, data centers prove frustrating in terms of inefficiencies and rising costs, directly cutting into the profitability of lines of business that they serve. While there are books that discuss the mechanics, hardware and technicalities of data centers, no book has yet made the connection between enterprise strategy and data center investment, design and management. This book is a solution driven book for management demonstrating how to leverage technology to manage the seemingly infinite amount of data available today. Each chapter offers cutting-edge management and technology solutions to effectively manage data through data centers. • Feature: Presents cutting-edge technology solutions not available in one place until now • Benefit: Saves time going to numerous websites, calling vendors, going to conferences • Feature: Includes step-by-step instructions on how to implement a data center strategy based on the author's recent success with Wachovia's data center • Benefit: Readers can follow these steps with confidence that they will work and not have to re-invent the wheel • Feature: Demonstrates how business and IT can be aligned in financial services • Benefit: Demonstrating this alignment is crucial for any proposal for IT related resources today




I-Bytes Financial Services Industry


Book Description

This document brings together a set of latest data points and publicly available information relevant for Financial Services. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.




The Modern Data Center: A Comprehensive Guide


Book Description

Purpose of the Book In today's digital age, data centers are the backbone of virtually every industry, from finance and healthcare to entertainment and retail. This book, "The Modern Data Center: A Comprehensive Guide," aims to provide a thorough understanding of the complexities and innovations that define contemporary data centers. Whether you are an IT professional, a data center manager, or a technology enthusiast, this guide is designed to equip you with the knowledge necessary to navigate and excel in the ever-evolving landscape of data centers. The Evolution and Significance of Modern Data Centers Data centers have come a long way since the early days of computing. What began as simple server rooms has evolved into sophisticated, multi-layered environments that support a wide range of applications and services critical to modern business operations. The significance of data centers cannot be overstated—they are integral to the functioning of the internet, cloud services, and the digital infrastructure that supports our daily lives. Target Audience This book is tailored for a diverse audience: IT Professionals: Gain in-depth knowledge of the latest technologies and best practices in data center design, management, and operations. Data Center Managers: Discover strategies for optimizing performance, enhancing security, and ensuring compliance. Technology Enthusiasts: Understand the foundational concepts and future trends shaping the data center industry. Structure of the Book "The Modern Data Center: A Comprehensive Guide" is divided into five parts, each focusing on a different aspect of data centers: Foundations of Data Centers: Covers the historical evolution, core components, and architectural frameworks. Design and Planning: Discusses site selection, design principles, and capacity planning. Technologies and Trends: Explores virtualization, cloud computing, automation, and networking innovations. Operations and Management: Details day-to-day operations, monitoring, security, and compliance. Future Directions: Looks at emerging technologies, sustainability, and future trends in data center development. Key Topics Covered Historical Context: Learn about the origins and development of data centers. Core Components: Understand the essential elements that make up a data center. Modern Architectures: Explore traditional and cutting-edge data center architectures. Design and Efficiency: Discover best practices for designing scalable and sustainable data centers. Operational Excellence: Gain insights into effective data center management and operations. Technological Innovations: Stay updated on the latest trends and technologies transforming data centers. Future Insights: Prepare for the future with predictions and expert insights into the next generation of data centers. Our Journey Together As we embark on this journey through the world of modern data centers, you will gain a comprehensive understanding of how these critical infrastructures operate, evolve, and shape the future of technology. Each chapter builds on the last, providing a layered approach to learning that ensures you have a well-rounded grasp of both the theoretical and practical aspects of data centers. Thank you for choosing "The Modern Data Center: A Comprehensive Guide." Let’s dive into the intricate and fascinating world of data centers, where technology, innovation, and strategic planning converge to power the digital age.




5G and Next-Gen Consumer Banking Services


Book Description

The future has already begin. The banking industry needs to adjust, or it will disappear in the next decade. With the help of 5G, next-generation intelligent ATM-like devices will have highly integrated functions and use technologies such as artificial intelligences-assisted self-service contactless interfaces with facial recognition and digital signatures. This book focuses on new experiences that clients can expect when connected to a 5G network with a 5G device. By 2022 we hope that 5G will: Drive accelerated mBanking growth Power augmented reality /virtual reality Make Video shopping experiences more widespread and compelling Enable banks to deploy highly personalized customer service experiences Support time-sensitive banking applications, like online stock trading where milliseconds can determine a gain or loss Improve security and fraud prevention bycomputing and exchanging more data traveling between parties in real-time Enhance mPOS transactions and utilization. 5G holds the potential to accelerate mobile point of sale (MPOS) transaction processing time and improve connectivity In order to explore these topics, this book covers: • Decentralization of the banks • Banking without banks • 5G will change the modern banking industry • Blockchain adoption by the banking industry




Data Center Networking


Book Description

This book provides a comprehensive reference in large data center networking. It first summarizes the developing trend of DCNs, and reports four novel DCNs, including a switch-centric DCN, a modular DCN, a wireless DCN, and a hybrid DCN. Furthermore another important factor in DCN targets at managing and optimizing the network activity at the level of transfers to aggregate correlated data flows and thus directly to lower down the network traffic resulting from such data transfers. In particular, the book reports the in-network aggregation of incast transfer, shuffle transfer, uncertain incast transfer, and the cooperative scheduling of uncertain multicast transfer.




Optimum Cooling of Data Centers


Book Description

This book describes the use of free air cooling to improve the efficiency of, and cooling of, equipment for use in telecom infrastructures. Discussed at length is the cooling of communication installation rooms such as data centers or base stations, and this is intended as a valuable tool for the people designing and manufacturing key parts of communication networks. This book provides an introduction to current cooling methods used for energy reduction, and also compares present cooling methods in use in the field. The qualification methods and standard reliability assessments are reviewed, and their inability to assess the risks of free air cooling is discussed. The method of identifying the risks associated with free air cooling on equipment performance and reliability is introduced. A novel method of assessment for free air cooling is also proposed that utilizes prognostics and health management (PHM). This book also: Describes how the implementation of free air cooling can save energy for cooling within the telecommunications infrastructure. Analyzes the potential risks and failures of mechanisms possible in the implementation of free air cooling, which benefits manufacturers and equipment designers. Presents prognostics-based assessments to identify and mitigate the risks of telecommunications equipment under free air cooling conditions, which can provide the early warning of equipment failures at operation stage without disturbing the data centers' service. Optimum Cooling for Data Centers is an ideal book for researchers and engineers interested in designing and manufacturing equipment for use in telecom infrastructures.







High Performance Managerial Leadership


Book Description

Learn how managers have transformed their teams and companies into envied high-performance organizations in this guide to nurturing successful managers at your organization, informed by the author's 10-year study of applications of his High Performing Organization (HPO) Framework. How can an organization learn to perform at a high level? The key is management. Based on years of intensive research and experience, André de Waal's proven strategy for achieving positive organizational change can turn your company or team into a true High Performance Organization (HPO). De Waal's HPO Framework is the only management improvement technique that has been developed on a solid scientific basis, validated through longitudinal site-level research, and developed over years of measuring organizational results. In this book, de Waal focuses on the activities and behaviors of managers in organizations that have successfully transformed themselves into HPOs. The author and his team closely followed and measured organizations that have adopted and applied the HPO Framework over many years, uncovering the secrets to creating successful and transformative managers through the use of HPO coaches, the application of "silo-busting" techniques to spur collaboration, and use of the HPO transformation success wheel. The resulting data set, analytics, and lessons presented represent a treasure trove of actionable tools for achieving successful managerial and organizational change and improvement.




Optical Switching in Next Generation Data Centers


Book Description

This book introduces the reader to the optical switching technology for its application to data centers. In addition, it takes a picture of the status of the technology and system architecture evolution and of the research in the area of optical switching in data center. The book is organized in four parts: the first part is focused on the system aspects of optical switching in intra-data center networking, the second part is dedicated to describing the recently demonstrated optical switching networks, the third part deals with the latest technologies developed to enable optical switching and, finally, the fourth part of the book outlines the future prospects and trends.