Hitachi, VMware Collaborate on Financial Cloud
Hitachi and VMware have paired to create a new financial cloud solution built on VMware’s vSphere. The application-centric cloud platform will aid financial institutions looking to transition away from older and less-flexible technologies and into the future. Read on for the details.
Hitachi’s partnership with VMware comes as Japanese — and just about all other — companies are looking for scalable solutions that are future-proof. Hitachi‘s Private Cloud for Finance Institutes is based on VMware vFabric — which Hitachi chose because it believes the technology enables easier delivery of the solution as an “IT as a Service” to Hitachi’s customers. Hitachi DNA is in this solution, too, and the company claims its “holistic, vertically integrated” cloud storage prowess compliments VMware’s virtualization backbone including VMware’s vFabric GemFire, allowing for in-house application development and deployment. The ultimate goal is to make this product cost-effective, scalable and easy to use.
Both VMware and Hitachi plan future close collaboration, since both companies see a future in deployed clouds for financial institutions. The two companies are also planning joint marketing initatives.
Cloud-focused offerings generally are more broad-based and tend not to focus on any one vertical, so it’s interesting to see Hitachi and VMware take on the financial space. Could this be the start of a new trend? We’ll stay on the lookout for other signs of a potential new area of opportunity.