GridGain Systems unveils ‘GridGain for z/OS’ for use on IBM z/OS

By Akshay Kedari  Date: 2019-11-08

GridGain Systems unveils ‘GridGain for z/OS’ for use on IBM z/OS

GridGain Systems, an enterprise-grade in-memory computing solutions provider, has recently revealed its optimized in-memory computing platform, GridGain for z/OS, for IBM z/OS operating system. According to reliable sources, the new platform allows businesses to immediately implement solutions for effective digital transformation of core systems. The system also runs analytics over its whole data estate to drive business processes in real-time.

Sources close to launch claim that the company is presently running tests of GridGain for z/OS in those insurance companies and banks that employ IBM mainframes to run their core business processes. 

For the record, the IBM Z application is mainly used by 4 of the top 5 airlines, 44 out of 50 top global banks, and is roughly used by two-thirds of the Fortune 100 companies. Since its inception, IBM Z has managed to power the most crucial business systems of top businesses and is said to run 4.1 million core business transactions per second. 

Speaking on the move, Abe Kleinfeld, President & CEO, GridGain Systems, said that the latest OS signifies another step ahead for enterprise digital transformations that work on in-memory computing technology. Kleinfeld added that the company projects that GridGain for z/OS would garner interest among a wide variety of industries that are dependent on the Z platform for their principal applications.

Reportedly, GridGain Systems also made headlines recently when it introduced blocks of consulting hours for GridGain and Apache Ignite Community Edition. The platform could be utilized for getting assistance for a broad range of tasks, which include performance optimizations, software setup, and configuration, architectural design review or planning, to name a few. 

Speaking of which, Kleinfeld said that in-memory computing has turned out to become an integral part of almost every digital transformation initiative. However, several users may face some unique challenges in implementing this technology for optimum impact.
 

Source Credit: https://www.globenewswire.com/news-release/2019/11/07/1942845/0/en/GridGain-Systems-Releases-GridGain-for-z-OS-Expanding-Its-Market-Leading-In-Memory-Computing-Solution-to-the-Mainframe.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Tiger Global looking to raise USD 10 billion to create new venture fund

Tiger Global looking to raise USD 10 billion to create new venture fund

By Akshay Kedari

American investment firm Tiger Global is reportedly looking to create a capital fund for startups by securing USD 10 billion from investors. So far, the company has participated in over 100 investment rounds since the past three months and has manage...

Urban Company secures USD 190 million in funding round led by Prosus

Urban Company secures USD 190 million in funding round led by Prosus

By Akshay Kedari

Urban Company, an Indian gig marketplace that provides home maintenance services, has secured USD 190 million in a funding round which was led by Prosus N.V. Other participants in the fundraising included companies such as Steadview Capital, Tiger Gl...

Samsung might launch a foldable Android tablet in first quarter of 2022

Samsung might launch a foldable Android tablet in first quarter of 2022

By Akshay Kedari

After introducing three foldable smartphones in the past couple of years, South Korean multinational conglomerate Samsung Electronics is reportedly working on its first tri-folding Android tablet. According to reliable sources, the new product is lik...

Remote hiring startup Deel secures USD 156 million in Series C funding

Remote hiring startup Deel secures USD 156 million in Series C funding

By Akshay Kedari

Deel, a company that specializes in offering recruitment, payroll, and compliance tools, has reportedly secured USD 156 million during a Series C funding round which was led by YC Continuity Fund. The California-based startup has now reached a valuat...

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

By Akshay Kedari

Audi AG, a German multinational auto manufacturer of luxury vehicles has unveiled the A6 e-Tron concept which is soon likely to be made available globally. The production version which is expected to have a range of 700 km (more than 400 miles) is to...