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The performance of transaction processing
systems is a broad, yet very focused problem that acutely faces a variety of industries,
namely: |
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 Financial Services
Telecommunications
Shipping and Inventory Control
Travel and Reservations
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The
Transaction
Performance Problem
The number of transactions and updates is growing too rapidly for
corporations' existing
transaction systems to handle. As a result, companies are throwing massive amounts of
hardware at the problem. This is an extremely expensive solution because it involves
purchasing, installing, configuring, and subsequently maintaining the hardware.
Additionally, as one adds hardware to a system, the software systems become more
complicated and costly to maintain. In fact, the cost of managing server farms can run
seven to eight times the up-front cost of the hardware. The bottom line is that current
systems, cannot cost-effectively handle the existing problem of rapidly increasing number
of transactions and updates.
This situation results in an incredible market opportunity for Quazant's Transaction
Accelerator™ Platform because it enables a company to support at least three time more concurrent
clients while also processing two times the number of transactions per second with their
existing system.
"According to UPS, when transaction volume reaches the millions, any
system that can increase the flow of information and reduce costs, even by a few cents,
makes a difference. "If you’re doing 25 million packages a day, and you save a
penny on each one, the return on investment involved in some cases of adopting new
technology is pretty short, " says John Nallin, VP of Information
Services for
UPS."
("Wireless Delivers for UPS Overhaul", InformationWeek) |
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"We expect an explosion in the number and types of
electronic payment transactions.
(Visa’s Website)
(Visa’s Website)
"In the past, when data
processing demand exceeded capacity, the typical response was to add more hardware. But
experts say this piecemeal approach is shortsighted and expensive. "Unpacking more
Sun boxes and Cisco routers isn't the answer, as there is a scaling problem," says
Steve Dow, general partner at Sevin Rosen Funds."
(Red Herring)
(Red Herring)
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