Wall Street Becoming a Linux Stronghold 214
Posted
by
Soulskill
from the quite-an-investment dept.
from the quite-an-investment dept.
alphadogg recommends an article about the rise of Linux on Wall Street. We discussed the beginnings of this trend last year. From NetworkWorld:
"Wall Street firms increasingly are buying into Linux, but some still need convincing that open source licensing and support models won't make using the technology more trouble than it's worth. Linux providers, speaking this week at the Securities Industry and Financial Markets Association conference in New York City, stated their cases that Wall Street firms have nothing to fear about diving into open source. Red Hat and Novell argued that's especially true now that specialized Real Time Linux has been developed that meets strict low-latency and messaging requirements of brokerages and trading firms."
This is it! (Score:5, Funny)
Re:Not a recent development (Score:5, Funny)
I would warn potential FOSS adopters of the unintended consequences of their altruism: you might be out of your job.
When you spend $2M for software licensing fees, $500k for IT staff doesn't look bad.
When you spend $0 for software, $500k for staff starts to look like a good cost-cutting target for that asshole PHB exec!
Also consider that when something goes wrong with Solaris or Windows, you file a ticket and come out smelling like roses when it's speedily resolved. When something goes wrong with FOSS that you advocated for, more often then not it's your ass.
Re:Not a recent development (Score:5, Funny)
Best joke today...
Re:This is it! (Score:2, Funny)
Congrats Linux Hippies (Score:5, Funny)
Nice job! You really showed the capitalists.
Re:confusion/FUD about licensing (Score:3, Funny)
Re:Windows still important (Score:3, Funny)