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

Google Fi confirms data breach, leaking millions of customer’s data

Google Fi confirms data breach, leaking millions of customer’s data

By Akshay Kedari

Google Fi, Google's cell network operator, has reportedly revealed a data breach, which is most likely related to the T-recent Mobile's security disaster, which allowed hackers to leak millions of customers' personal information. The p...

European semiconductor giant ASML forecasts a sales surge for 2023

European semiconductor giant ASML forecasts a sales surge for 2023

By Akshay Kedari

Dutch semiconductor company ASML has reportedly forecast a revenue jump for the year 2023 as the global semiconductor industry anticipates a reacceleration of growth during the second half of this year. According to the firm, its net sales  f...

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

By Akshay Kedari

Following this funding, Interfor's long-term debt will hold a weighted average interest of 5.30% Interfor registered a Net Debt to the Invested Capital ratio of nearly 10% as of October 31, 2022 Interfor Corporation, one of the world...

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

By Akshay Kedari

Leading real estate services and investment company, ESR Group Limited, has recently announced that its exclusively-owned subsidiary, ARA and the Export-Import Bank of China have inked a breakthrough collaboration in a deal worth USD 1 billion infras...

Circularise nabs $11M to bring circular economy to industrial supply chains

Circularise nabs $11M to bring circular economy to industrial supply chains

By Akshay Kedari

Leading software platform, Circularise recently announced that it has raised $11.3 million (€11 million) in funding as part of its Series A round in a bid to advance its mission to bring a circular economy to industrial supply chains. The fun...