Nutanix proves sound, future-proof investment for Amman Stock Exchange

SectorFinancial Markets

AMMAN – Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing,  announced today that Amman Stock Exchange Company (ASE) has successfully deployed Nutanix's hyperconverged infrastructure-based Cloud Platform. The solution, which was expertly implemented by PROTECH, has eliminated hardware maintenance fees of over USD35,000 annually and significantly reduced operating expenses due to lower data center energy consumption and space requirements. It has also enhanced the performance of mission-critical applications such as ASE's website, resulting in improvements in end-user satisfaction and reduction in IT helpdesk complaints. It also delivers high availability and makes zero RTO (recovery time objectives) and RPO (recovery point objectives) possible as Virtual Machines (VMs) can be effortlessly migrated between primary and disaster recovery sites.As ASE hosts the trading platform for the country of Jordan, IT is an integral part of its overall organizational strategy.

With their trading platform and auxiliary systems running on legacy hardware, which was originally installed in 2010, the IT team faced several performance and maintenance challenges, along with the looming threat of disruption to their operations due to aging IT infrastructure. As years progressed, the team found it increasingly difficult to procure spare parts, and upgrades were starting to become increasingly complicated and more...