http://www.finextra.com/fullstory.asp?id=18539 and http://www.dynamicops.com/files/DynamicOps_Final_2.pdf

Investment bank Credit Suisse says it has formed a new company that will bring its virtual infrastructure management technology to the commercial market.

The new Massachusetts-based unit, called DynamicOps, was formed in January and is funded by Credit Suisse’s Next II venture group.

The business is headed by Rich Krueger, a former EVP at storage virtualisation company Incipient. Krueger also held management roles at LightSpeed Software, EMC and Conley Corporation.

Credit Suisse says it first deployed a virtual infrastructure in 2005 but realised that while virtualisation improved resource utilisation and business agility, it also increased operational complexit.

It will be interesting to see what services/solutions this new venture has to offer, any innovation in the management of virtual machines has to be a good thing. I’ll need to read up more, do check it out.

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