Fabio Trojani, a Professor of Finance at the Geneva Finance Research Institute (GFRI) of the University of Geneva and a Senior Chair of the Swiss Finance Institute, oversees a quantitative research team that carries out research in various areas of Financial Economics, Financial Econometrics and Statistics. The projects Professor Trojani works on, need to be powered by a significant HPC infrastructure. The hardware he was using was getting old and starting to fail; therefore, he needed to look to either purchasing a new hardware and replace his on-premise cluster, or look for a more innovative solution with better prospects for the long term. Professor Trojani chose to do something new.
There were two major factors driving his decision:
Firstly, he recognised that the flow of computational projects on his on-premise HPC cluster was not consistent. There were peak times when the research team needed unlimited resources, and then weeks would pass with the HPC environment sitting idle. Secondly, the cost of cooling and powering was greater than the cost of setting up an entirely cloud-based Infrastructure-as-a-Service (IaaS) environment.
Professor Trojani chose ProfitBricks, a provider of virtual datacentres that allows corporate customers to combine the advantages of cloud computing with the established look and feel of a traditional datacentre. He also decided to harness Bright Computing's technology, which he had been a long-time on-premise user of Bright’s infrastructure management technology. This time he decided to harness Bright's technology from the cloud, ensuring his team could enjoy exactly the same user experience as they had previously.
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