The Problem

The GM wanted to sell a new web-based portfolio system to an in-house client who licensed the software to run in their own data center. The client had failed three times to write a web-based system and asked for help. They had only mainframe development/support staff and weren't positioned to take on open-system technology. The client needed two years to staff the necessary UNIX/Linux personnel before they could go live in production — but GM wanted immediate revenue recognition.

The Strategy

Analyzed the three-tier architecture to find a service demarcation that would allow deployment across both data centers. Assembled a small group of development and systems personnel and stood up a web-hosting service in Denver that leveraged redundant DS3 WAN circuits connected to the client's backend mainframe brokerage data in Cleveland. After a quick proof-of-concept, presented the client with a plan: host the complex open-system applications in the company's data center while the client continued to run mainframe services locally.

The Outcome

  • Client licensed the web system, generating $20M per year in the current fiscal year — recognizing revenue two years early.
  • After six months of using the product, the client signed for an additional $5M in development for product enhancements.
  • GM was thrilled. The client got a working web service after previously spending $100M trying to develop one without success.

Related Downloads