DrKW aims to cut support costs
- Posted:
- 14:22 01 Sep 2004
- Topics:
- IT Management | Software Types
Investment bank Dresdner Kleinwort Wasserstein (DrKW) is
hoping to slash its IT systems management and database support
costs by investing in asset management software.
The Foundation 4.6 software from Tideway Systems compiles
information about every system on the network and produces a report
that gives IT managers an overview of their status and a record of
changes made to them. The software also highlights application
performance problems.
DrKW, the investment banking arm of Dresdner Bank, has roughly 900
IT applications running on more than 3,000 servers worldwide. About
6,000 changes to IT systems are documented each year.
The bank estimates that the Tideway software will cut the cost of
running its large management databases listing its IT assets by
85%, but it would not put a figure on the cost saving.
JP Rangaswami, chief information officer at DrKW, said, "As a
global company with a highly sophisticated IT infrastructure, this
project will remove approximately five sixths of the cost of
manually maintaining multiple configuration management databases.
And it will simultaneously generate significant related returns
attributable to reduced downtime of application and management
overhead in approving changes."
