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IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

with Srivats Ramaswami, 42Q
In this interview, Srivats Ramaswami,...

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

with Sander Barens, Expereo
In this interview, Sander Barens...

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

with Shawn Moore, Solodev
In this interview, Shawn Moore,...

Driving Better Outcomes through Workforce Analytics Webcast

Driving Better Outcomes through Workforce Analytics Webcast

Find out what’s really going on in your business...

Legacy Modernization: Look to the Cloud and Open Systems

Legacy Modernization: Look to the Cloud and Open Systems

On the surface, mainframe architecture seems relatively simple: A...

Global Banking Industry Stands to Benefit from Green IT Practices

April 7, 2011 No Comments

Although banking is far from top-of-mind when the topic of green IT arises, the financial services sector is the industry with the largest IT footprint, rather than the Googles, Amazons and Microsofts of the world.

Because the energy consumption of the banking sector is so high, with its large-scale global infrastructure and constantly growing demand for storage and near-instant transaction, a new report from Fujitsu lays out just how well the financials services industries in four countries — the United States, United Kingdom, Australia and India — have adopted green IT practices.

“Increasingly, IT practitioners are realizing that the general term “Green IT” is about specific areas of operation, and that the key driver is cost. Energy costs, as a proportion of IT budgets, are increasing substantially in most countries,” Alison Rowe, Fujitsu’s Global Executive Director of Sustainability, writes in the report’s introduction. “Green IT is an obvious, and easy, way to improve the bottom line. This paper highlights areas where financial services can achieve this, by concentrating on IT efficiencies.”

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