Infrastructures utilizing grid computing can either double their current computing power or do the same amount of work that is currently being performed, with half the hardware, says Parkinson. As a result, many companies could terminate hardware leases for technology that would go unused.
"The simplest way to enable [grid computing] is to put a layer of software between the existing hardware operating system and the application layer," says Parkinson. "The [grid computing] software 'watches' the use of hardware and figures out what [applications] consume what size of storage. It then builds a model so that when the application tries to run, the grid layer figures out what it should run on and its priority."
Harnessing the Grid's Power
Such an aggregation of capacity is especially beneficial to insurers performing large tasks, says Parkinson. "If an insurer needs to scan through all of its policies to figure out which are the most actuarially likely to generate claims," a lot of computing power is used, he says. "With grid computing that task can be run in the background with the [computing power] that the company already has."