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Domain: wallstreetandtech.com

Stories and comments across the archive that link to wallstreetandtech.com.

Stories · 3

  1. World's Largest High-Rise Data Center Opens In New York

    It · Business · · posted by timothy · from the closer-to-the-sun-more-solar-power dept. · 60 comments
    CowboyRobot writes with this excerpt from Wall Street & Technology: "[Wednesday of this week], Mayor Michael Bloomberg announced the opening [of] a 1 million square foot high-rise data center [in the] old Verizon switching building at 375 Pearl Street. Sabey Data Center Properties, the owner of the property, has named the data center Intergate.Manhattan and says the building's location, power supply and connectivity to underground fiber make it an ideal location for a data center in New York City. ... Intergate.Manhattan has only one tenant so far, the New York Genome Center, a compute and storage platform for 12 leading medical institutions to tackle the big data challenges that will bring the benefits of genomics to patient care." Let's hope they keep plenty of fuel around for next storm season.

  2. Why Your IT Spending Is About To Hit the Wall

    It · Business · · posted by Soulskill · from the supply-constantly-battling-demand dept. · 301 comments
    CowboyRobot writes "For decades, rapid increases in storage, processor speed, and bandwidth have kept up with the enormous increases in computer usage. That could change however, as consumption finally outpaces the supply of these resources. It is instructive to review the 19th-century Economics theory known as Jevons Paradox. Common sense suggests that as efficiencies rise in the use of a resource, the consumption goes down. Jevons Paradox posits that efficiencies actually drive up usage, and we're already seeing examples of this: our computers are faster than ever and we have more bandwidth than ever, yet our machines are often slow and have trouble connecting. The more we have, the even more we use."

  3. Bloomberg Open Sources Its Market Data Distribution Technology

    It · It · · posted by samzenpus · from the free-and-open-market dept. · 25 comments
    First time accepted submitter Cara_Latham writes "Hoping to spur innovation and collaboration, Bloomberg LP is opening its market data interfaces to anyone, without cost or restriction. The market data provider's application programming interface (API), known as BLPAPI (Bloomberg LP API), is already used by Bloomberg, its clients and other technology providers to build connections between financial firms' applications and Bloomberg's market data and applications. Today any technology professional, or even students at a university, can access BLPAPI to quickly build connections to market data feeds. The BLPAPI interface works with a number of programming languages and operating systems, including Java, C, C++, .NET, COM and Perl."