A trial deployment of the Sun Grid Compute Utility has been successfully completed, reports Sun, and the Prediction Company plans on continuing to use the Sun Grid to enable faster integration of new sources of data.

The technology-based trading system company deployed its financial services software on the Sun Grid Compute Utility to analyze and transform data from the New York Stock Exchange (NYSE). This pilot launch demonstrated the potential for analyzing more data, decreasing time-to-market and increasing execution times up to 25 percent faster. Ultimately, these benefits help companies lower their overall costs.

"As trading volumes have continued to increase, it has challenged the market's ability to keep up. There is a competitive advantage for those participants that can continue to process data quickly and accurately," said Alan Post, managing director, Financial Data Service at Prediction Company. "Sun Grid helps us improve the speed at which we can deliver data while handling the ever expanding trading volume. Using Sun Grid gives us access to the resources we need to quickly integrate new sources of data."

Prediction Company expects to be able to allow analysis of larger volumes of data in greater depth for lower costs, greater returns on investments and increased shareholder value by using the Sun Grid.

"Sun Grid allows organizations to accommodate the peaks and crests in their business cycles. Customers can leverage their infrastructures for sustained capacity, while using Sun Grid to dial up or down their usage," said Stuart Wells, executive vice president, utility computing, Sun. "We are pleased at the success of the pilot with the Prediction Company. Businesses are looking for alternatives to increase data center capacity and reduce idle cycles. Sun Grid helps provide such an alternative." [...read more...]

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