NTT Data builds a mainframe cloud for Banks
Briefly

As enterprises consolidate their workloads, they will be able to reduce their datacenter footprint, driving higher sustainability. NTT Data asserted performance that will beat x86 servers - especially when it comes to enterprise software license costs and running AI/ML apps.
Conventional wisdom suggests that mainframes remain a pricey but potent option for certain applications. Analyst firm Gartner opined that organizations that own a mainframe periodically question the future of the platform because it is perceived as outdated and costly compared with alternatives such as client/server and public cloud computing.
NTT Data envisions that SimpliZCloud will be useful for workloads found in core banking applications, lending and risk management applications, allowing consolidation of compute resources and budgets as they support India’s financial services industry.
IDC's research found that organizations expect to lean upon their mainframe applications more in the future as key engines to power enterprise operations, customer intimacy, and innovation.
Read at Theregister
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