Telecom

According to Insight Research's groundbreaking study, Grid Computing:A Vertical Market Perspective 2003-2008, this emerging technology will likely form the foundation of a fourth wave in IT, and will present new opportunities for the long-suffering telecom industry.A grid is defined as a form of distributed system wherein computing and information resources are shared across networks.Worldwide grid spending is forecasted to grow at a substantial 81 percent, from $250 million in 2003 to $4.89 billion in 2008.

Businesses and consumers want benefits of being connected anytime, anyplace - without compromising security or control of personal information. The Liberty Alliance provides the technology, knowledge and certifications to build identity into the foundation of mobile and web-based communications and transactions.

"....especially as move into grid computing.
We learned that one of our largest costs is servers, and have already reduced our servers by taking out ones not being used. But the next phase is to move to a utility computing environment to share servers so applications don't have to have their own server. In addition to cost savings, we'll reduce the time to market in building applications, because we won't need to wait to get new servers in place. "

06.21.04
CHICAGO Security, performance and lack of effective business models are the major challenges standing between telecom providers and the provision of lucrative grid-based services to their customers, according to sources at the Global Grid Forum's meeting here at Supercomm.