JPMorgan Chase Inducts VMTurbo Into Hall Of Innovation

JPMorgan Chase Inducts VMTurbo Into Hall Of Innovation

JPMorgan Chase Inducts VMTurbo into Hall of Innovation

VMTurbo Enables JPMorgan Chase to Increase Virtual Machine Density Without Impacting Workload Performance

BOSTON–(BUSINESS WIRE)–VMTurbo, provider of the only software-defined control system for businesses running mission-critical applications on virtualized and cloud infrastructures, today announced that JPMorgan Chase & Co. inducted VMTurbo into the Hall of Innovation for its technology contributions in their global technology infrastructure.

The IT Executive Team at JPMorgan Chase recognized VMTurbo for the impact its technology has made on the business and the disruptive nature of its technology. VMTurbo was honored with the award at the 5th Annual J.P. Morgan Technology Innovation Symposium on Wednesday, October 9, 2013 at the Rosewood Sand Hill in Menlo Park.

VMTurbo’s technology is helping JPMorgan Chase optimize the utilization of virtual environments and thereby supporting a move from reactive to predictive workload management,” said George Sherman, Head of Compute Services at JPMorgan Chase. “Automation will enable our support teams to focus on higher value activity by preventing incidents and dynamically optimizing virtual environments.”

image-tech-validate

Through the Hall of Innovation, JPMorgan Chase is happy to recognize emerging technology companies that are helping us deliver differentiated technology solutions,” said Larry Feinsmith, Head of Technology Strategy and Partnership Development within the Office of the CIO at JPMorgan Chase. “We continue to experience significant value through our engagement with early stage companies like VMTurbo, and our relationship has been mutually beneficial to help develop their offering to meet the technology needs of large enterprises.

First launched in 2010, VMTurbo’s Operation Manager is now used by more than 9,000 enterprises and cloud service providers worldwide, including JPMorgan Chase. Deploying VMTurbo contributes to IT staff productivity savings of up to 20 percent and improvements in resource utilization of 20 to 40 percent – which converts to significant operational and capital expenditure benefits. 89 percent of VMTurbo customers surveyed realized value within three months of deploying VMTurbo, with 25 percent realizing immediate value within three days of deployment.

JPMorgan Chase’s selection of VMTurbo to proactively manage their VMware environment is a testament to the strength of our solution,” said VMTurbo CEO Ben Nye. “Working together, we have successfully helped them transition from allocation-based to utilization-based capacity management, thus allowing their IT staff to fully optimize their operations and IT investments across the organization.”

VMTurbo believes that software-driven control of virtualized and cloud environments to assure workload performance while utilizing virtual and cloud infrastructure assets as efficiently as possible is the future of IT as a service,” said VMTurbo founder and president Shmuel Kliger. “This recognition by JPMorgan Chase underscores the market need for a solution that transforms IT Operations.” 

About VMTurbo

VMTurbo provides the only software-defined control system for businesses running mission-critical applications on virtualized or cloud infrastructure. The Company applies proven economic principles to deliver a control system that continuously ensures performance while maximizing utilization to transform IT operations to scale to the complexities and dynamics of a software-defined world. First launched in 2010, the VMTurbo platform is now used by more than 9,000 enterprises and cloud service providers worldwide, including Société Générale, BMO Financial, Xerox Corporation, Reed Elsevier, H&M, BT, CSC and KPN. VMTurbo is headquartered in Massachusetts, with offices in New York, California, the United Kingdom and Israel. For more information, visit us at www.vmturbo.com. 

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Image Source: TechValidate

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.

Contributors

Cloud Infographic – Wearable Tech And Preventative Healthcare

Cloud Infographic – Wearable Tech And Preventative Healthcare

Wearable Tech And Preventative Healthcare There are so many exciting new opportunities available to utilize wearable technology in the future.  Areas such as nanotechnology disease monitoring, crowdfunding to wearable accessories are some excellent examples of the potential. Estimates vary, but appear to suggest that the market will produce between $14-50 Billion over the next few years. Included below

Ten Tips For Successful Business Intelligence Implementation

Ten Tips For Successful Business Intelligence Implementation

Ten Tips for Successful Business Intelligence Implementation The cost of Business Intelligence (BI) software goes far beyond the purchase price. Time spent researching, implementing, and maintaining your BI investment can snowball quickly and mistakes are often expensive. Your time is valuable – save it by learning from other businesses’ experiences. We’ve compiled the top ten

Knots And Cloud Service Providers

Knots And Cloud Service Providers

How Do These Two Compare? In Boy Scouts, I learned how to tie knots. The quickest knot you can tie is the slipknot. It’s very effective for connecting one thing to another via the rope you have. It was used in setting up tents, mooring boats to docks temporarily and lifting your food up into

Aggregated News

Popular News Sources

Storage Considerations for SharePoint Backups

Storage Considerations for SharePoint Backups

Storage Considerations for SharePoint Backups Wednesday, October 29, 2014 @ 9:00 am/12:00pm ET. Backup and Restore of a SharePoint environment can be a complex endeavor as the product consists of multiple components running at various tiers, each with their own backup and restore requirements. In addition, SharePoint documents are stored as Binary Large Objects (BLOBs) in

OpenDNS Deployment Leads to Twenty-Fold Decrease in Malware Infections at Hamamatsu

OpenDNS Deployment Leads to Twenty-Fold Decrease in Malware Infections at Hamamatsu

Decreases in Malware Infections at Hamamatsu OpenDNS, a leading provider of cloud-delivered security, today announced that it has enabled Hamamatsu, a Japanese manufacturer of optical sensor technologies, to virtually eliminate malware infections across its U.S. Read the source article at Finance News About Latest Posts Follow Us!CloudTweaksEstablished in 2009, CloudTweaks.com is recognized as one of the

IBM and Microsoft – What Are They Doing With The Hybrid Cloud?

IBM and Microsoft – What Are They Doing With The Hybrid Cloud?

What Are They Doing With The Hybrid Cloud? “Microsoft is committed to helping enterprise customers realize the tremendous benefits of cloud computing across their own systems, partner clouds and Microsoft Azure,” said Scott Guthrie, executive vice president,Cloud and Enterprise, Microsoft. “With this … Read the source article at CNNMoney About Latest Posts Follow Us!CloudTweaksEstablished in 2009, CloudTweaks.com is recognized