Nasdaq Switching To Dell From HP - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Nasdaq Switching To Dell From HP

The proprietary nature of HP's NonStop servers is pushing the exchange into the Wintel camp.

The Nasdaq is backing off its bullish stance on Hewlett-Packard's high-end NonStop servers--just a week after the exchange revealed it's putting HP's new NonStop S86000 through beta tests.

Speaking Tuesday at a Dell marketing event in New York City, Nasdaq CIO Steven Randich said he's turning to Intel-based servers for key applications and planning to switch from the NonStop system after completing Nasdaq's current four-year commitment with HP.

The NonStop, formerly known as Compaq Himalaya, is a reliable platform, Randich said, but it's becoming harder and more expensive to find talented programmers who can write for the proprietary computers. "Total cost is a reason to move to a more open platform like Wintel," he said.

Nasdaq is fast approaching the July 29 debut of its SuperMontage trading platform, three years and $100 million in the making. SuperMontage is designed to improve Nasdaq's electronic order-execution and order-delivery systems for large orders. It's also supposed to consolidate transactions between electronic communications networks, market makers, and market participants. This consolidation would give brokers more detailed investment data, which should help them better analyze and predict stock movement.

SuperMontage was built on a group of Compaq Himalaya servers. But Nasdaq, which uses more than 600 Dell servers to support its various Web sites, wants to see Dell take on a greater role in the stock exchange's online-trading systems. Said Randich, "We're absolutely committed to Himalaya for the next three or four years, but we're also betting on Wintel."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

Commentary
New Storage Trends Promise to Help Enterprises Handle a Data Avalanche
John Edwards, Technology Journalist & Author,  4/1/2021
Slideshows
11 Things IT Professionals Wish They Knew Earlier in Their Careers
Lisa Morgan, Freelance Writer,  4/6/2021
Commentary
How to Submit a Column to InformationWeek
InformationWeek Staff 4/9/2021
Register for InformationWeek Newsletters
Video
Current Issue
Successful Strategies for Digital Transformation
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll