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Press release |
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UK Grid Specialist Announces Alliance with Sun Paremus provides Sun with Grid Expertise in Financial Services London, UK, 6th May 2004 – Paremus Ltd. is proud to announce an Alliance partnership with Sun Microsystems, Inc. Formed in 2001 by senior IT architects from the investment banking industry, Paremus brings a wealth of pragmatic experience and practical knowledge to the development of grid and middleware solutions for mission-critical real-time enterprise environments. “Sun and Paremus share a common vision of next generation business applications built upon self-healing, dynamically scalable and functionally evolvable compute fabrics,” said Mike Francis, Business Development Manager, Paremus. “Enterprises in the financial services industry are demanding these capabilities now, expecting unprecedented cost, resilience and agility benefits, so this is a very exciting time for both Sun and Paremus.” Paremus utility consulting services reveal the core recovery, agility and cost characteristics of an organization's IT environment in order to determine which business systems may benefit from grid computing. In this holistic manner Paremus helps clients to make tangible, incremental, and safe steps towards realizing an open, autonomic, utility enterprise infrastructure service. Sun's Grid Everywhere initiative features a three-pronged approach to grid deployment based on building block components, extensive partnerships and alliances. Grid Everywhere is led by Sun's High-Performance and Technical Computing (HPTC) business unit, which was formed a year ago to leverage Sun's deep experience in HPTC and its broad portfolio of products and solutions to grow Sun's stake in high performance technical computing. “Sun and Paremus offer financial services companies a first-mover advantage in building a peer-to-peer grid fabric,” said Shahin Khan, Sun's vice president of high performance and technical computing. "This approach solves a specially thorny problem: integrating and orchestrating resources and services while providing a high degree of resilience.” “This alliance is much more than a meeting of minds,” said Dr. Richard Nicholson, CTO, Paremus. “We have been working with Sun's Java/Jini technology for many years in the context of robust, recovery-oriented systems for enterprise environments. The resultant autonomic solutions enable Paremus enterprise clients to truly exploit Sun's N1 Grid and Throughput processor technologies, whilst leveraging existing legacy systems, in a true utility data center environment.” About Paremus Formed in 2001 by senior IT architects from the investment banking industry, Paremus is an independent solutions company, combining the skills and experience of industry practitioners with recognized thought leadership. Paremus offers a unique set of services and product offerings that enable our clients to quantify and address the core cost, resilience and agility challenges that face the modern enterprise. Paremus is able to provide a unique service combining proven experience and knowledge of the key drivers in the financial services market, with an industry-leading, independent insight into current and evolving information technology. About Sun Microsystems Since its inception in 1982, a singular vision -- "The Network Is The Computer™" -- has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com. |
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Paremus Ltd. |
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