FICO finds increased flexibility and agility in move to cloud based
on Red Hat Enterprise Linux OpenStack Platform on Cisco UCS, Red Hat
CloudForms, and Red Hat Ceph Storage
TOKYO--(BUSINESS WIRE)--
OPENSTACK SUMMIT - Red Hat, Inc. (NYSE: RHT), the world's
leading provider of open source solutions, today announced that FICO,
the predictive
analytics and decision management software company, has deployed Red
Hat software, including Red Hat Enterprise Linux OpenStack Platform, Red
Hat CloudForms, and Red Hat Ceph Storage, as the basis of its cloud
infrastructure. Moving to an OpenStack and Ceph-based cloud has not only
helped FICO reduce time to market by 50 percent and lower costs by 30
percent compared to previous infrastructure implementations, but it has
helped transform FICO into a Software-as-Service (SaaS) company, driving
added sales to new and existing customers in expanded markets.
For more than 50 years, FICO has provided analytics software and tools
used across multiple industries to manage risk, fight fraud, build more
profitable customer relationships, optimize operations and meet strict
government regulations. Many of FICO's products reach industry-wide
adoption including the FICO® Score, the standard measure of
credit worthiness in the United States. The FICO®
Analytic
Cloud
gives application developers, business users, and FICO partners one-stop
access to FICO's analytics and decision management tools and technology,
including SaaS applications for social and mobile customer engagement,
marketing campaign development, account management, and credit
decisions. The FICO Analytic Cloud provides Platform-as-a-Service (PaaS)
access to the FICO®
Decision Management Platform, where customers use FICO analytic and
decision tools and technology to create, customize, and deploy their
applications and services.
As previously announced, FICO
deployed OpenShift Enterprise, Red Hat's award-winning private PaaS
offering to easily build analytic applications and run them in its cloud
architecture, reducing the time to value by up to 70 percent compared to
its legacy software. With OpenShift Enterprise, FICO customers can
create hybrid cloud solutions using the FICO Decision Management
Platform and deploy those solutions both hosted and on-premises.
Building on the success of its collaboration with Red Hat, FICO looked
to modernize its infrastructure to better position the company for
future growth and enable swifter innovation. To achieve more flexibility
and agility than offered through its legacy proprietary-based
infrastructure, FICO evaluated several proprietary cloud solutions,
leading it to choose OpenStack for its core infrastructure. After
testing various OpenStack-based offerings, FICO chose Red Hat Enterprise
Linux OpenStack Platform, a highly scalable Infrastructure-as-a-Service
(IaaS) solution, on Cisco Unified Computing System™ (UCS) and Cisco
Nexus® Series Switches, finding the certified solution easier to
implement. Cisco's reference architecture on Red Hat Enterprise Linux
OpenStack Platform and previous UCS deployment within FICO allowed for a
smooth transition to the new infrastructure.
With global datacenters running more than 10,000 containers and virtual
machines around the world, efficiently managing its cloud environment
was a top priority for FICO. To help achieve this, FICO replaced its
proprietary software deployment with Red Hat CloudForms, an open
management platform that provides orchestration, governance and
policy-based control across hybrid clouds. CloudForms enables
self-service provisioning and resource management, as well as quota
enforcement, metering, and chargeback. With CloudForms, FICO developers
are able to deploy their applications to any of FICO's internal or
external infrastructure platforms, giving them "single pane of glass"
management over their private and public clouds.
Additionally, FICO deployed Red Hat Ceph Storage for its enterprise
distributed shared storage to support data volumes reaching into the
petabytes. Red Hat Ceph Storage, a massively scalable and open
software-defined storage platform, offered the object storage
capabilities that FICO was looking for and tight integration with Red
Hat Enterprise Linux OpenStack Platform. FICO chose Red Hat Ceph Storage
for its shared storage infrastructure because of its extensible and
configurable architecture and features. Ultimately, this resulted in a
60 percent cost savings over its previous storage solution.
Supporting Quotes
Tim Yeaton, Senior Vice President, Infrastructure, Red Hat
"FICO
is a banner example of a company that refactored not only its
technology, but also its business model, to better compete in today's
competitive market. FICO understood early on that an open source cloud
infrastructure based on OpenStack could enable more choice and foster
innovation than its legacy, proprietary on-premises software. Red Hat
has been thrilled to collaborate with FICO on this journey."
Nick Gerasimatos, Cloud Development Director, FICO
"With Red
Hat's OpenStack on Cisco UCS and Ceph, we've been able to create an
elastic scalable infrastructure that delivers all of the benefits of
cloud - speed of innovation, agility, the ability to deliver
Software-as-a-Service - but with the ability to securely manage our
resources in a private datacenter. This gives us the cloud platform we
need to create FICO's offerings, but with control of our data,
workloads, compliance and security."
Additional Resources
Connect with Red Hat
About Red Hat, Inc.
Red Hat is the world's leading provider of open source software
solutions, using a community-powered approach to reliable and
high-performing cloud, Linux, middleware, storage and virtualization
technologies. Red Hat also offers award-winning support, training, and
consulting services. As a connective hub in a global network of
enterprises, partners, and open source communities, Red Hat helps create
relevant, innovative technologies that liberate resources for growth and
prepare customers for the future of IT. Learn more at http://www.redhat.com.
Forward-Looking Statements
Certain statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to
any historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result of
various important factors, including: risks related to the ability of
the Company to compete effectively; the ability to deliver and stimulate
demand for new products and technological innovations on a timely basis;
delays or reductions in information technology spending; the effects of
industry consolidation; the integration of acquisitions and the ability
to market successfully acquired technologies and products; uncertainty
and adverse results in litigation and related settlements; the inability
to adequately protect Company intellectual property and the potential
for infringement or breach of license claims of or relating to third
party intellectual property; risks related to data and information
security vulnerabilities; ineffective management of, and control over,
the Company's growth and international operations; fluctuations in
exchange rates; and changes in and a dependence on key personnel, as
well as other factors contained in our most recent Quarterly Report on
Form 10-Q (copies of which may be accessed through the Securities and
Exchange Commission's website at http://www.sec.gov),
including those found therein under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and Results
of Operations". In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general
factors including (without limitation) general industry and market
conditions and growth rates, economic and political conditions,
governmental and public policy changes and the impact of natural
disasters such as earthquakes and floods. The forward-looking statements
included in this press release represent the Company's views as of the
date of this press release and these views could change. However, while
the Company may elect to update these forward-looking statements at some
point in the future, the Company specifically disclaims any obligation
to do so. These forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the date
of this press release.
Red Hat, Red Hat Enterprise Linux, CloudForms and the Shadowman logo
are trademarks of Red Hat, Inc., registered in the U.S. and other
countries. Linux® is the registered trademark of Linus Torvalds in the
U.S. and other countries. The OpenStack mark is either a registered
trademark/service mark or trademark/service mark of the OpenStack
Foundation, in the United States and other countries, and is used with
the OpenStack Foundation's permission. We are not affiliated with,
endorsed or sponsored by the OpenStack Foundation, or the OpenStack
community. FICO is a trademark or registered trademark of Fair Isaac
Corporation in the United States and in other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151026006565/en/
Red Hat, Inc.
Anna Eusebio, +1-919-754-4519
aeusebio@redhat.com
Source: Red Hat, Inc.
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