J.P. Morgan Chase Joins Cloud Foundry Foundation in Automation Push

Author: Clint Boulton

J.P. Morgan Chase looking to automate some of its software creation, said Wednesday 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.

Full article: blogs.wsj.com/cio/2015/05/13/j-p-morgan-chase-joins-cloud-foundry-foundation-in-cloud-automation-push