Cloud computing “innovation” wins Deutsche Bank award

2 December 2011

Deutsche Bank’s cloud computing offering has won an award from the Open Data Centre Alliance (ODCA) after being judged to be a particularly “effective” cloud solution.

The bank’s Ultra Low Cost Developer Service was the winner of the Conquering the Cloud Challenge prize and judged to be a winner as it could easily be leveraged across other organisations.

Alistair McLaurin from Deutsche Bank Global Technology Engineering said that the solution was developed with reducing costs as a priority in terms of service, support and storage.

“When we looked to create our internal cloud service for developers, we knew we wanted to create something radically different to what had gone before to challenge assumptions around what centrally provided IT services could be and how much they must cost,” Mr McLaurin explained.

In a statement, Deutsche Bank said that the aim of the service is to offer a “virtualised environment that can be requested and very rapidly provisioned at a lower cost than any comparable environment”.

The Conquering the Cloud Challenge winner was selected by an expert panel with input from members of the ODCA and a public vote.

By Jim Ottewill

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