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  1. #1
    WHT-BR Top Member
    Data de Ingresso
    Dec 2010
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    18,473

    [EN] Bank of America announces move to Microsoft's cloud services

    PR: As part of its digital transformation, Bank of America is turning to the Microsoft Cloud to help deliver new business efficiencies, support digital culture change and better meet customer needs.

    October 2, 2017

    “Technology is increasingly providing a competitive advantage to financial services firms looking to thrive in the digital economy,” said Judson Althoff, executive vice president, Worldwide Commercial Business, Microsoft Corp. “Bank of America is taking a very strategic approach to cloud, looking at technology as a means to drive change and open up new business opportunities. With Microsoft Office 365 and Azure, the firm will have access to the breadth and depth of our cloud capabilities, underscored by Microsoft’s investments in security, transparency and regulatory compliance.”

    Bank of America will take advantage of the combined power of the Microsoft Cloud for business transformation. Microsoft Office 365 will provide modern, cloud-based productivity and collaboration tools to some of the bank’s 200,000 employees. The firm will also utilize Microsoft Azure, capitalizing on the scale, economics and intelligent capabilities of the platform and services.

    “We are aggressively modernizing our technology infrastructure to enable current and future growth across all our lines of business,” said Howard Boville, chief technology officer at Bank of America. “Our agreement with Microsoft aligns to our target of delivering 80 percent of our technology workloads on virtual platforms within the next several years, further establishing Bank of America as a digital leader in financial services.”

    Microsoft’s Financial Services Compliance program — a unique program that allows firms and regulators to deeply examine Microsoft cloud systems, services and processes — provides transparency into Microsoft cloud operations. This helps ensure Microsoft has taken the proper steps to secure data and mitigate risk. In addition, Microsoft’s industry-leading compliance portfolio assists financial institutions move to the cloud while meeting current compliance requirements, as well as plan for future regulations like the General Data Protection Regulation.

    Microsoft continues to see strong cloud adoption from the financial services industry, with more than 80 percent of the world’s largest banks and more than 75 percent of the global systemically important financial institutions using Azure. This represents the highest bar for legal, compliance, security and acquisitions teams.

    https://news.microsoft.com/2017/10/0...ransformation/

  2. #2
    WHT-BR Top Member
    Data de Ingresso
    Dec 2010
    Posts
    18,473

    Microsoft just netted another big customer for its cloud services

    Bank of America, one of the world’s largest banks, moves to the Microsoft Cloud.

    Dan Thorp-Lancaster
    Oct 2, 2017

    Bank of America announced today that it will tap into Microsoft's cloud services "as part of its digital transformation." As part of the move, Bank of America will tap into both Office 365 and Azure. In a news release, Bank of America Chief Technology Office Howard Boville said:

    We are aggressively modernizing our technology infrastructure to enable current and future growth across all our lines of business. Our agreement with Microsoft aligns to our target of delivering 80 percent of our technology workloads on virtual platforms within the next several years, further establishing Bank of America as a digital leader in financial services.

    Bank of America says that it will tap Azure for its cloud needs, and it will also bring Office 365 to its 200,000 employees. According to Microsoft, "more than 80 percent of the world's largest banks and more than 75 percent of the global systemically important financial institutions using Azure."

    Microsoft's cloud efforts have become an increasingly important part of its business. Cloud business revenues have led the way in driving growth for the tech giant in recent quarters, and it looks like the cloud will be a continued area of focus for Microsoft going forward.

    https://www.windowscentral.com/bank-...cloud-services

  3. #3
    WHT-BR Top Member
    Data de Ingresso
    Dec 2010
    Posts
    18,473

    off-topic: Microsoft buys north San Jose land, large complex eyed


    Vacant land in north San Jose that Microsoft has purchased

    George Avalos
    September 29, 2017

    Microsoft, poised for expansion into north San Jose, has bought 65 acres of empty land along State Route 237 between Alviso and Milpitas, signaling that the site fits into its plans to widen its reach in cloud and internet technologies.

    The Redmond, Washington-based tech titan paid $73.2 million for the land on the western banks of Coyote Creek, in a location where some tech campuses have begun to sprout.

    “We continuously explore opportunities to meet the needs of a future based on cloud computing and internet services, so we’re thrilled to find a great one in the heart of Silicon Valley,” said Christian Belady, general manager of Microsoft Cloud Infrastructure and Operations, referring to Microsoft’s north San Jose land purchase.

    The site is being planned as a light industrial center that would include a data center complex, according to planning documents on file with the city of San Jose.

    The project is expected to bring hundreds of jobs into the north side of the city, San Jose Mayor Sam Liccardo said Friday.

    “We welcome Microsoft’s substantial investment in San Jose, as it seeks to meet the world’s burgeoning demand for cloud capacity,” Mayor Liccardo said.

    Two development options are on file with the city, which both would allow development of more than 1 million square feet on the site. The project is called “237 Industrial Center.”

    One option would allow development of up to 1.2 million square feet of light industrial facilities. The other option would permit development of a data center totaling up to 437,000 square feet and as much as 728,000 square feet of light industrial facilities, the city documents show.

    The sellers in the Sept. 27 transaction were a group of families affiliated with San Jose-based Cilker Orchards.

    Not far from this new Microsoft site, KLA-Tencor, SanDisk, Brocade Communications, Polycom, Harmonic, Tivo, Global Foundry, ST Electronics and Marvell Semiconductor operate in big office complexes.

    Amenities also have emerged in the area in recent years, with more on the way. Hotels have sprouted nearby on both sides of Highway 237. Target is the anchor of a shopping center alongside the highway. Top Golf is planning a “golf-tainment” center in north San Jose, although Alviso residents have sued in an attempt to block the project.

    Microsoft already occupies a Silicon Valley campus, consisting of a multi-building office complex on La Avenida Street in Mountain View, near the intersection of U.S. 101 and North Shoreline Boulevard.

    For decades, many technology companies bypassed San Jose in favor of expansions in Mountain View, Sunnyvale, Santa Clara, Menlo Park, Cupertino and even San Francisco.

    At Microsoft’s new San Jose site, the company hasn’t made a final decision on which of its development options to select, city officials said.

    “I especially appreciate Microsoft’s sensitivity to the surrounding environment, and its continued commitment to sustainable construction and operations,” Mayor Liccardo said.

    http://www.mercurynews.com/2017/09/2...d-campus-eyed/

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