Skip the navigation

State Street: Compression technology helped cut storage use by 50%

Using technology to reduce costs and save energy is part of every IT staffer's job at this finance firm, ranked No. 3.

By Mary K. Pratt
October 24, 2011 06:00 AM ET

Computerworld - The IT department at State Street has spent the past decade making its operations more energy efficient as part of an overall commitment to environmental stewardship at the financial services firm. But Madge Meyer, executive vice president, chief innovation officer and technology fellow, says the task is never truly finished. "We have a very mature program, so a part of our mission is to continue to drive down energy use," she says.

All employees are aware of the company's sustainability goals and are expected to do their parts, Meyer says, adding that she can count on her colleagues and the entire IT staff to get the job done.

"It's so much in people's minds," she says. "It's not even one person or one group. It's every person in IT, starting with our CIO, all my colleagues -- everybody. It's in our IT team's DNA."

Meyer says that in the past year, IT has focused on several areas to cut down on the energy used by technology.

For instance, IT deployed compression and deduplication technologies to reduce storage use by 40% to 50%. It also pushed ahead with a multiyear virtualization program, moving beyond server and network virtualization into virtualizing desktops to further drive energy savings, Meyer says.

In addition, IT implemented processing on demand, an infrastructure as a service that provides capacity only when needed, thereby saving energy when capacity isn't required. "We can pack a lot more workload on fewer machines," she notes.

Green Tomorrow

"We have got to be even more aggressive in getting to the next level because the world isn't getting more of these natural resources," says Madge Meyer, a State Street executive vice president. She says the firm will continue to benchmark against evolving industry standards to ensure that it's at the leading edge of sustainability efforts.

Meanwhile, IT's use of a private cloud is similarly advancing the firm's green objectives; it has resulted in a 5-to-1 reduction in hardware, Meyer says.

Pratt is a Computerworld contributing writer in Waltham, Mass. Contact her at marykpratt@verizon.net.

Next: No. 4: Allstate reduces inventory by nearly 3,000 servers or devices in 18 months

Read more about Data Center in Computerworld's Data Center Topic Center.



What is Tech Briefcase?
TechBriefcase is a new, free service where IT Professionals can Search, Store and Share IT white papers and content like this. Learn more
Bookmark content
Speed up your research efforts with content across the web.
Search and Store
Find the white papers you need. Create folders for any topic.
View Anywhere
Open your briefcase on your iPhone, tablet or desktop. Share with colleagues.
Don't have an account yet?
Additional Resources
Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

Data Center White Papers
Finding the right cloud solutions for your organization
HP is driving the evolution of what we call the Instant-On Enterprise. It is an enterprise that embeds technology into everything it does...
Converged Infrastructure for Dummies
As you know, everything is mobile, connected, interactive, and immediate. This is exactly why organizations need a highly agile IT infrastructure in order...
Measuring the Business Value of CI in the Data Center
One of the key strategies that IT teams are pursuing to reduce capital costs while boosting asset utilization and employee productivity is the...
Seven Priorities for Integrated Network Management - How HP Intelligent Management Center Delivers an Enterprise-class Solution
This white paper describes the major requirements for network management solutions to help the organizations become more profitable, efficient and reliable.

Intel and the...
Building Cloud-Optimized Data Center Networks white paper
Enterprises are turning to the Cloud to improve business agility, reduce expenses and accelerate business innovation. Cloud computing redefines the way IT assets...
All Data Center White Papers
Data Center Webcasts
Redefine Expectations in the Data Center
Need to do more with less? Watch this video to learn how HP ProLiant Gen8 servers can help your business deploy servers three...
Oracle Database Appliance Best Practices
Business users increasingly demand 24x7 availability of their data while IT departments face the challenge of ensuring maximum availability while operating with limited...
Unlock the Value of Cloud Computing with Workload Automation
Learn how to get the most from your cloud investment in our on-demand webinar from BMC and InformationWeek. You'll hear how integrating the...
Introduction to Virtualization
Have you been thinking about what it would take to start using virtualization? Or do you know the basics and want to find...
Best Practices to Optimize Your Data Center at Every Layer of the Stack
Date: May 31, 2012
Time: 1 PM EST

Organizations are reaping the benefits of simplifying IT, lowering costs and dramatically improving transactional throughput by deploying...
All Data Center Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs