Sun plans IT power exchange


Sun plans IT power exchange

Arif Mohamed
Sun is in talks with electronic stock exchange group Archipelago Holdings to create the world's first market for selling blocks of computing power to corporate users.

Such an exchange would allow companies to buy relatively cheap IT resources as and when they need it, at market prices.

The demand is likely to come from firms that want to carry out large-scale financial analyses or geophysical modelling.

The electronic marketplace could be operational in three to five months and be worth £2bn in a short period of time, said Sun, which also announced last week it will sell computing resources at $1 an hour.

Analyst group Ovum said these predictions were optimistic. "For the next two years at least, the vast majority of utility computing users are wrestling with the task of becoming 'utility ready'. It will be a long time before the notion of computer exchanges becomes anything more than a niche," research director Gary Barnett said.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy