Banking On Linux, Literally: IDBI Bank

Posted by dave on Jul 2, 2004 3:39 PM EDT
CXOtoday.com
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The Banking & Financial services sector has always been a cautious experimenter when it comes to embracing Open Source technologies. Anti-Linux hardliners have done their bit, by spreading fear, uncertainty and doubt in the market. The result: Support and security concerns surrounding Linux still exist in the CIO world. After all, how do you explain the concept of Open Source to an industry where the word ‘open’ is considered as the most dreaded term in a CIOs dictionary?

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