Home > DataCenter > #Datacenter: Citi Consolidates 70 Data Centers to 20 #cre – –

#Datacenter: Citi Consolidates 70 Data Centers to 20 #cre – –


Extreme Makeover: Citi Consolidates 70 Data Centers to 20 – Wall Street & Technology.

The global bank has also virtualized 40,000 servers and improved server utilization by 45 percent.

Global financial institutions, following the 2008 financial crisis, took a long, hard look at all aspects of their business. The same has been true for technology organizations that have had to adjust to the new realities of the financial services landscape.

Many IT groups have trimmed staff, outsourced and consolidated operations to match reduced technology budgets. Larger organizations, grown from acquisitions, expansions into new business lines and unchecked growth during years of high profitability, have faced a daunting task. Disparate systems, redundant data centers and high numbers of under utilized IT assets (think: thousands of servers running at 2% capacity), caused operational costs to soar.

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Categories: DataCenter
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