Sam Ramji, CEO Cloud Foundry
New York — J.P. Morgan Chase & Co., looking to automate some of its software creation, said it is joining the Cloud Foundry Foundation, an open source consortium that helps companies deploy applications at the speed of agile technology processes.
“It’s about creating an environment where the service matters more than how or what is delivering it,” George Sherman, CIO of J.P. Morgan’s Global Technology Infrastructure, told CIO Journal in an interview at the bank’s offices here. Cloud Foundry, originally developed by EMC Corp. spin-out Pivotal Software Inc., is an open cloud computing platform used for application development. The Foundation backing it allows member companies, including Pivotal, EMC, General Electric Co., Hewlett-Packard Co. and IBM Corp., to freely use code contributed by more than 1,000 developers, says Sam Ramji, the foundation’s CEO. “With an open source foundation, you can influence the roadmap in months,” he said.
Deploying applications moves from weeks to hours
In joining the foundation, J.P. Morgan hopes to steer the future of software development, in which deploying applications moves from weeks to hours, Mr. Sherman said. “It’s definitely around speed to market, but it’s also about getting it right faster,” Mr. Sherman said. And the “infrastructure has to stand up to that,” he said.
