Excel spreadsheets connect to the grid
Published: 12 Nov 2003 16:15 GMT
Platform Computing has released a software module that enables Microsoft's Excel spreadsheet software to tap into the power of a grid computing system, the company said on Tuesday.
The Excel adapter is now a standard part of Platform's Symphony Suite, which is software that the company sells to join groups of computers together into a single pool of processing power.
Platform is aiming the Excel adapter software in particular at financial services companies, whose analysts often must perform high-speed calculations such as calculating the risks incurred by a particular change to a stock portfolio.
The software moves a common desktop software package one step closer to the widespread-but-still-distant notion of computing power that will be much like today's electrical power grid: something that's always available for those who need a little more computing capacity. This idea is closely related to the utility computing concept that's under development in various forms at many of the largest computing hardware and software companies.
Today's grid movement focuses on the finite task of linking groups of computers that span administrative boundaries -- for example, between collaborating universities or between a company and a partner that provides extra computing capacity during a peak demand period.
While grids in use today are currently installed at academic or government supercomputing sites, IBM, Sun Microsystems, Hewlett-Packard, Oracle and others are striving to make them more commercially useful as well.
Platform's grid customers in the financial services market include Fidelity Investments, Deutsche Bank, J.P. Morgan Chase, Societe Generale and TD Canada Trust.
Did you find this article useful?
95 out of 150 people found this useful
- Share this article:
