Money, We Need Money...
"the financial heart of the UK, the London Stock Exchange (LSE) has begun a twelve-month migration to a Linux based trading system.By the end of the year it wants the Linux-based MillenniumIT trading platform up and running.The software was gained by acquiring the Sri Lankan company that developed it for £18 million in September. When it is switched on it will replace the outgoing TradElect platform, which is based on Microsoft's .Net framework and was upgraded by Accenture only two years ago at a cost of £40 million.The TradElect system has been an embarrassment to the LSE with a number of high profile outages. It is also understood to be significantly slower than specialist rivals such as Chi-X. Just keeping it running over its last year of operation cost the LSE £20 million for patches.In a press release the LSE told the financial markets that the Linux based software will bring significant benefits. The new trading system will give it "high performance" trading, as well as an "agile, efficient, in-house IT development capability", it said.With LSE financial backing, the trading system will be flogged to other stock exchanges around the world." We have heard so far that Linux will be used in the London Stock Exchange and eventually it will be used worldwide! It's by far one of the best news that we have heard so far about Linux being used in the mainstream. If you have followed me on my personal blog and on ubunutgeekin website, it's by far one of the best news that we have heard so far! Also in th news we have heard that the U.S. Government is planning on having discussion on how they can get to bring Linux/Unix software more in the mainstream. We have heard also here in San Fransisco that they are planning on going to all Linux also. This is the most news that we have heard so far about the Linux/Unix systems coming into the foreplay, or at least that I have heard. What really does astounds me is when Google comes out with it's OS system, will it actually take away the personal computer and have everyone using it in business? At home? I have to see this and it seems to me like it might actually happen. I have also heard a little bit about Google having some problems with its OS, it might be delayed a little bit, which of course its one of the best news that I have heard so far. If you don't bring out the software until its fully ready, then this is the best news so far. Like I was saying it's wonderful to hear that Linux systems are going to be put into play. I know that my colleague, Ike here on Ikes Network also thinks that Haiti should have the chance maybe to learn open source and to be part of the rebuilding process later on. What do you think about that? Would you think that it maybe one of the best ideas having the chance to have Haiti to teach it's citizens how to use computers and use open source to rebuild it's country? To make it more educated and to get the word out to make and improve everyday life's in a poor country like this? For the poorest children, anywhere in the world, open source is so valuable to have, it's the way for them to get online to actually to be connected to the online world. It's the best idea and move. Of course you can never take and disconnect to a Windows computer unless you really can do it, which most of the time you can now since it seems like we do have Google in our everyday lifes. For the most of us we still need at least one Windows computer to get connected to because just sometimes a Mac computer, or a Linux computer will not work and we do need to have a Windows computer to log on and use some software. For the most part though its a wonderful feeling to know and understand, that Linux is getting more into the mainstream than ever before. Its the best feeling to have some competition and to have Linux clipping at the heals of Microsoft will make it even better!
