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Primeur weekly 2011-08-01

Exascale supercomputing

T-Platforms participates in formation of European Technology Platform for High Performance Computing ...

The Cloud

Dell unveils industry's first OpenStack Infrastructure-as-a-Service Cloud solution ...

Loyalty New Zealand implements Oracle Business Intelligence 11g for the 'Loyalty Center' ...

SquareTwo Financial goes live with Oracle Engineered Systems - Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine ...

Organizational culture is less of a barrier for private Cloud implementation, according to survey by Platform Computing ...

Platform Computing to host webinar on how to select a private Cloud solution ...

Desktop Grids

Gears, a technology for browser-based volunteer computing ...

GPUGRID.net computes against cancer ...

University of Coimbra to launch new project Surveill@Home ...

EuroFlash

Bull launches OLM: an automated solution for migrating Oracle databases to Bull Escala servers ...

Wisebed: the first pan-European sensor network open to the scientific community ...

Mellanox boosts scalability and performance of France GRID’5000 - a large scale, nationwide high-performance computing infrastructure ...

USFlash

University of Louisville collaborates with IBM to speed scientific breakthroughs ...

NASA's iPad app beams science straight to users ...

Cray reports second quarter 2011 financial results ...

Dell leads shift to “chiller-less" data centres with fresh air technology ...

DigiCert hosted 2011 TAGPMA Face-to-Face Meeting ...

Services provider Core Services selects HP to host business applications ...

From detonation to diapers: Los Alamos computer codes at core of advanced manufacturing tools ...

Institute for Advanced Health announces high performance secure "National Health Intranet" ...

Middle school girls to learn science, math, and technology skills ...

Texas Advanced Computing Center a major partner in $121 million advanced computing project ...

TACC and Whamcloud sign partnership to bring Lustre manageability enhancements to the Open Science Community ...

Dell unveils new Bing Maps Boulder microsite with Mellanox InfiniBand ...

Mellanox announces limited time offer for next generation 10/40GbE end-to-end solutions bundles ...

SquareTwo Financial goes live with Oracle Engineered Systems - Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine

26 Jul 2011 Redwood Shores - SquareTwo Financial, an expert in the $100 billion asset recovery and management industry, has deployed Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine to run its custom built, mission-critical debt management software, 'eAGLE'.

eAGLE is a sophisticated, proprietary system that helps make SquareTwo Financial an expert at analyzing, distributing and managing the data required to successfully purchase and liquidate debt. eAGLE went into production on the Oracle Exalogic Elastic Cloud and Oracle Exadata engineered systems just 44 days after the end of the proof of concept.

Based on the initial proof of concept testing of Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine, the engineered systems are faster, more stable and extremely scalable, with a 9x improvement in response time and a 5x increase in concurrent users compared to the previous production environment.

eAGLE currently supports over 1,000 concurrent users processing over 400,000 transactions per day. eAGLE also uses Oracle Application Development Framework and Oracle SOA Suite and has 600 BPEL processes in production.

SquareTwo Financial chose Oracle Exalogic Elastic Cloud and Oracle Exadata engineered systems to reduce the complexity of its IT infrastructure, improve system availability and performance, increase productivity of its collection platform and rapidly bring to market new capabilities and revenue impacting services.

As pre-configured, pre-tested and tightly integrated engineered systems, Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine will help improve system reliability and response times and provide a better end-user experience for SquareTwo Financial customers.

Deploying Oracle engineered systems instead of custom-configured hardware and software products helps enable faster time-to-market, reduces risk and accelerates revenue potential for SquareTwo Financial. Standardizing on Oracle technologies will also help SquareTwo Financial reduce maintenance and change costs with centralized monitoring and management and a single patch bundle.

SquareTwo Financial expects to gain additional revenue from both performance increases and new application deployment. In addition, the company is predicting operational cost savings.

Designed for large-scale, mission-critical deployments, Oracle Exalogic Elastic Cloud is a highly integrated hardware and software system combining cutting-edge processors and memory, an InfiniBand I/O backplane and integrated ZFS storage, with the market-leading Oracle WebLogic Server and other enterprise Java Oracle middleware products and is optimized for Oracle Applications. It runs a choice of Oracle Solaris or Oracle Linux operating system software.

An ideal machine for OLTP, data warehousing and consolidated workloads, Oracle Exadata Database Machine is a complete package of servers, storage, networking and software that is highly scalable, secure and redundant.

“We are creating a new debt recovery infrastructure with Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine that will help us gain greater business agility, enhance forecasting, reduce the down time of our debt collection process, improve recovery rates and reduce costs", stated Bill Weeks, chief information officer at SquareTwo Financial. "The Oracle solution will also simplify our IT environment and improve overall performance and availability of our systems. In addition, we expect to reduce our operating costs by 60% and bring new products to market more quickly."

“SquareTwo Financial is the perfect example of a financial services company that has mastered the use of technology to deliver better business solutions, gain a competitive edge, and improve operational efficiencies", stated Thomas Kurian, executive vice president, Product Development at Oracle. “We're pleased that the SquareTwo Financial team has selected an Oracle solution to further increase the performance of the company’s sophisticated technology infrastructure."
Source: Oracle

Back to Table of contents

Primeur weekly 2011-08-01

Exascale supercomputing

T-Platforms participates in formation of European Technology Platform for High Performance Computing ...

The Cloud

Dell unveils industry's first OpenStack Infrastructure-as-a-Service Cloud solution ...

Loyalty New Zealand implements Oracle Business Intelligence 11g for the 'Loyalty Center' ...

SquareTwo Financial goes live with Oracle Engineered Systems - Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine ...

Organizational culture is less of a barrier for private Cloud implementation, according to survey by Platform Computing ...

Platform Computing to host webinar on how to select a private Cloud solution ...

Desktop Grids

Gears, a technology for browser-based volunteer computing ...

GPUGRID.net computes against cancer ...

University of Coimbra to launch new project Surveill@Home ...

EuroFlash

Bull launches OLM: an automated solution for migrating Oracle databases to Bull Escala servers ...

Wisebed: the first pan-European sensor network open to the scientific community ...

Mellanox boosts scalability and performance of France GRID’5000 - a large scale, nationwide high-performance computing infrastructure ...

USFlash

University of Louisville collaborates with IBM to speed scientific breakthroughs ...

NASA's iPad app beams science straight to users ...

Cray reports second quarter 2011 financial results ...

Dell leads shift to “chiller-less" data centres with fresh air technology ...

DigiCert hosted 2011 TAGPMA Face-to-Face Meeting ...

Services provider Core Services selects HP to host business applications ...

From detonation to diapers: Los Alamos computer codes at core of advanced manufacturing tools ...

Institute for Advanced Health announces high performance secure "National Health Intranet" ...

Middle school girls to learn science, math, and technology skills ...

Texas Advanced Computing Center a major partner in $121 million advanced computing project ...

TACC and Whamcloud sign partnership to bring Lustre manageability enhancements to the Open Science Community ...

Dell unveils new Bing Maps Boulder microsite with Mellanox InfiniBand ...

Mellanox announces limited time offer for next generation 10/40GbE end-to-end solutions bundles ...