IBM has rolled out two offerings aimed at the banking and financial markets and announced a handful of grid projects among both commercial and scientific institutions.
Working with SAS Institute, IBM's grid offering for analytics acceleration is aimed at the banking industry and incorporates the credit scoring application from SAS.
The SAS application, which is part of that company's banking intelligence solution, can be incorporated into heterogeneous grid environments without any programming.
The IBM grid offering for risk management and compliance, which the company co-authored with DataSynapse. The product is intended to help risk managers within the retail industry to implement a grid-based infrastructure that supports real-time credit limit monitoring.
IBM officials said they have seen a significant increase in grid computing projects, particularly among commercial accounts over the past few months.
The company also announced several grid projects it is working on with Morgan Stanley, Hewitt Associates, The Nippon Life Insurance Group, Singapore' Ngee Ann Polytechnic Institute and Germany's T-Systems, which is a division of Deutsche Telecom.
"We are starting to see multiple customers deploying the same offerings recently, which lends credence to the fact that we are getting some traction and seeing a pretty significant upswing in activity," said Tom Hawk, general manager of IBM's grid computing strategy.
Hawk added that many commercial accounts are showing more interest in grid computing now because they are convinced it can help them to better their utilisation and responsiveness to their users as well as lowering the overall cost of IT resources.
"Our approach seems to be working where we start with a point solution at places like Hewitt, Morgan Stanley and the Royal Bank of Canada for a line of business application, and then watch that solution radiate across the enterprise," Hawk said.
Separately, IBM also announced agreements with grid middleware providers Avaki and United Devices. Avaki specialises in solutions for grid-based integration software while United Devices provides secure grid solutions for both corporate and small and medium-sized accounts.
Ed Scannell writes for InfoWorld