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Mainframes. If you're a bank or an enterprise of a certain size, then a chunk of your annual IT budget goes right to IBM for mainframe maintenance and licensing
by tjakab 11y ago
Mainframes. If you're a bank or an enterprise of a certain size, then a chunk of your annual IT budget goes right to IBM for mainframe maintenance and licensing every year.
- zhte415 11y agoAbsolutely. I was at a local university, in April, where IBM had donated a mainframe. While the university wasn't sure what to do with it, it was spectacularly iconic, sitting in its own glass walled 200m2 room. After a while, it had the effect of making students getting interested in banking and transaction orientated software engineering, completing the cycle, joining internship programs and maintaining the mainframe paradigm for the next couple of generations. Wouldn't you? A massive mainframe you can play on as a student, no need for a VM, just log right in!
- aus_ 11y agoIn 2012, The Economist reported that mainframes accounted for about a quarter of IBM's revenue and about half of its profits. [0] [1] IT budgets for large banks and financial firms usually dedicate something like 20% their budget to mainframes, but it usually accounts for about 80% of the firm's workload/processing. [0]: http://www.economist.com/blogs/schumpeter/2012/09/ibms-mainframes http://www.economist.com/blogs/schumpeter/2012/09/ibms-mainf... [1]: http://blog.nullspace.io/mainframes.html http://blog.nullspace.io/mainframes.html