Intel Xeon Solution assists Fullerton India to deliver 45% savings on loan origination platform

Infotech Lead India: Intel said its Xeon Solution has assisted Fullerton India, a Non-Banking Finance company (NBFC), to deliver 45 percent savings on its loan origination platform.

Fullerton’s Loan Origination platform was the lifeline for its business verticals and has a high demand on uptime / availability along with end user demands of quick TATs.

The NBFC has migrated from a non Intel processor to Intel Xeon E7545 2 x 2.0 GHz processor.

Intel Xeon Solution offered 18 GB higher storage capacity per server.

The company observed about 45 percent savings with the Intel Systems without a dip in performance.

Samir Khare, general manager & head – IT Business Solutions, Fullerton India, said: “Though moving from the RISC architecture to the Intel platform provided a saving of about 45 percent, the bigger advantage is the easy availability of skill sets around the Intel platform. The support environment and the knowledge base available enhances the overall usage experience of the Intel platform and allows for easy maintainability.”

According to IDC, its data from 2002 and 2010 shows a decline in server revenue for RISC mainframes from $30 billion in 2002 to $15 billion in 2010 and a corresponding increase in Intel x86 sever revenue from $19.2 billion in 2002 to $30.5 billion in 2010.

In March 2012, IDC stated that the RISC UNIX–based computing market has been in decline across the region for many years now, with end users transitioning to x86-based technologies for the lower acquisition and management costs. All UNIX-based operating systems, such as IBM’s AIX, HP’s HP-UX, and TRU64, have been vulnerable to platform migration.

Intel said fortune 500 companies are modernizing their server infrastructure from legacy UNIX/RISC to Intel Xeon processor-based servers running Linux. Organizations are realizing benefits such as lower cost of maintaining and upgrading their mission critical environments and technological and security advancements.

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