Everyone is talking about virtualization - the software infrastructure that can exploit physical computer resources for a large number of computers, but large enterprises have not yet adopted the software. In Israel, where the technology's rate of penetration is quite advanced, it is beginning to find its way into technologically conservative places, such as banks.
Sources inform ''Globes'' that Bank Hapoalim (TASE: POLI) will install virtualization technology. The VMware Inc. (NYSE: VMW) solution will be installed on HP servers and other computer infrastructures by Hewlett Packard Co. (NYSE:HPQ) and IT services provider Matrix IT Ltd. (TASE:MTRX). The $2 million project uses the VMware cloud computing operating system, vSphere, and software for enterprise servers and virtual computers.
VMware dominates the virtualization market, with an 80% share of the global market. According to IDC, VMware maintains 45% of new servers in Israel.
VMware Israel declined to comment on the report.
Published by Globes [online], Israel business news - www.globes-online.com - on December 16, 2010
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