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

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

Personal Account of Google CEO Compromised

Personal Account of Google CEO Compromised

Personal Account Compromised The security of our information online, whether it’s our banking details, emails or personal information, is important. Hackers pose a very real threat to our privacy when there are vulnerabilities in the security of the services we use online. It can be worrying then when the CEO of perhaps the largest holder…

How You Can Improve Customer Experience With Fast Data Analytics

How You Can Improve Customer Experience With Fast Data Analytics

Fast Data Analytics In today’s constantly connected world, customers expect more than ever before from the companies they do business with. With the emergence of big data, businesses have been able to better meet and exceed customer expectations thanks to analytics and data science. However, the role of data in your business’ success doesn’t end…

Data Protection and Session Fixation Attacks

Data Protection and Session Fixation Attacks

Keeping the man out of the middle: preventing session fixation attacks In a nutshell, session fixation is a type of man in the middle attack where an attacker is able to pretend to be a victim using a session variable. For instance, let’s say you have an application that uses sessions to validate the user.…

E-Commerce Advances For Savvy Marketers

E-Commerce Advances For Savvy Marketers

Digital Marketing Platforms Advertising and marketing techniques have progressed rapidly in the last decade with both channel focus and the direction of content shifting considerably due primarily to advances in cloud technology. Gartner’s Magic Quadrant for Digital Commerce 2016 singles out a few ecommerce providers who are topping their sector in both ability to execute…

The Lighter Side Of The Cloud – Energy Battle

The Lighter Side Of The Cloud – Energy Battle

By David Fletcher Please feel free to share our comics via social media networks such as Twitter, Facebook, LinkedIn, Instagram, Pinterest. Clear attribution (Twitter example: via@cloudtweaks) to our original comic sources is greatly appreciated.

Recent Articles - Posted by
The Future Of Cybersecurity

The Future Of Cybersecurity

The Future of Cybersecurity In 2013, President Obama issued an Executive Order to protect critical infrastructure by establishing baseline security standards. One year later, the government announced the cybersecurity framework, a voluntary how-to guide to strengthen cybersecurity and meanwhile, the Senate Intelligence Committee voted to approve the Cybersecurity Information Sharing Act (CISA), moving it one…

15 Cloud Data Performance Monitoring Companies

15 Cloud Data Performance Monitoring Companies

Cloud Data Performance Monitoring Companies (Updated: Originally Published Feb 9th, 2015) We have decided to put together a small list of some of our favorite cloud performance monitoring services. In this day and age it is extremely important to stay on top of critical issues as they arise. These services will accompany you in monitoring…

SaaS And The Cloud Are Still Going Strong

SaaS And The Cloud Are Still Going Strong

SaaS And The Cloud With the results of Cisco Global Could Index: 2013-2018 and Hosting and Cloud Study 2014, predictions for the future of cloud computing are notable. Forbes reported that spending on infrastructure-related services has increased as public cloud computing uptake spreads, and reflected on Gartner’s Public Cloud Services Forecast. The public cloud service…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

What Top SaaS Vendors Do To Ensure Successful Onboarding

What Top SaaS Vendors Do To Ensure Successful Onboarding

What Top SaaS Vendors Do I am not going to mention names in this article, but if you want to be the best, you must look at what the best do – and do it better. The importance of investing in SaaS onboarding can be easily overlooked in favor of designing efficient and powerful software…

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

Why Businesses Need Hybrid Solutions Running a cloud server is no longer the novel trend it once was. Now, the cloud is a necessary data tier that allows employees to access vital company data and maintain productivity from anywhere in the world. But it isn’t a perfect system — security and performance issues can quickly…

The Monstrous IoT Connected Cloud Market

The Monstrous IoT Connected Cloud Market

What’s Missing in the IoT? While the Internet of Things has become a popular concept among tech crowds, the consumer IoT remains fragmented. Top companies continue to battle to decide who will be the epicenter of the smart home of the future, creating separate ecosystems (like the iOS and Android smartphone market) in their wake.…