The ever-increasing amount of data generated by Financial Services Industry (FSI) businesses of all sizes requires next-generation IT technology to process it. However, legacy infrastructure and ageing memory technology are unable to properly support the ever-increasing amount of data requests. That’s why Intel has developed a revolutionary memory technology in the form of Intel® Optane™ storage. This groundbreaking technology is shaking up the world of computing with an unparalleled combination of speed, density, and non-volatility that enables businesses in the financial world to make the most of their data.
"Intel® Optane™ technology is driving a fundamental change in computer architecture for data centers around the world by combining the attributes of both memory and storage.”
The technology can be deployed in a number of ways, catering for businesses of all sizes, and is set to have a major impact on the data center.
Bridging the gap between memory and storage, the Intel® Optane™ SSD DC P4800X series is designed specifically for the data center. The range of SSDs comes in a variety of form factors to cater for different data center demands, but how exactly can it help FSI organisations to thrive?
Here are five reasons why Intel® Optane™ technology can help transform your business:
1. Eliminate Data Bottlenecks
Processors are only able to work at a fraction of their full potential with current storage devices as they respond too slowly to their ever-increasing data requests. Intel® Optane™ memory helps to eliminate these data center storage bottlenecks, speeding up data processing for lower latency. This makes the technology ideal for platforms that require rapid access to large amounts of data.
2. Faster Applications
The applications of today are increasingly data-intensive, which can lead to lower operation speeds. The good news is that Intel® Optane™ technology accelerates applications for faster caching and storage. The ability to run applications faster can help to give businesses a competitive advantage over their rivals.
3. Faster Insights
By getting rid of data center storage bottlenecks and enabling applications to run at an increased pace, the technology enables banks and other financial organisations to gain business insights more quickly, potentially in real-time. This, in turn, can lead to more rapid decision making that could help businesses to streamline their operations.
4. Deal with More Data
Intel® Optane™ technology enables data centers to deal with bigger and more affordable datasets, which means that they can gain new business insights from larger memory pools. The ability to process larger datasets also opens up the possibility of integrating innovative technologies such as AI and machine learning into business operations.
5. Reduce Costs
While offering a range of operational benefits for businesses, the technology can actually reduce spending. It’s a cost-effective option for IT managers as it’s highly durable for high-write environments. As well as reducing transaction costs for latency-sensitive workloads, it can also increase scale per server. The ability to reduce system DRAM can also help to improve overall data center costs.
Intel® Optane™ memory is a transformative technology that is driving fundamental change in computer architecture for data centers around the world by combining the attributes of both memory and storage. The limitations of legacy infrastructure along with the continued growth of data workloads mean that innovation in this area is essential. The technology can offer huge performance benefits for the data center, along with a significant reduction in costs and can also be deployed by businesses at the desktop level. By completely reinventing memory, Intel® Optane™ technology is driving innovation and helping FSI businesses to thrive in the digital era.