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JPMorgan Chase & Co. Unveils Private Platform-as-a-Service Deployment for its Mission-Critical Application Portfolio on

  JPMorgan Chase & Co. Unveils Private Platform-as-a-Service Deployment for
  its Mission-Critical Application Portfolio on Apprenda

  Global financial services leader has over 430 development teams leveraging
  Apprenda’s private PaaS for more than 2,000 custom applications worldwide

Business Wire

NEW YORK -- February 27, 2013

Apprenda, the leader in enterprise private platform-as-a-service, today
announced JPMorgan Chase & Co. (NYSE: JPM), a leading global financial
services firm with assets of $2.4 trillion and operations worldwide, has
selected Apprenda’s platform to develop, deliver and manage its portfolio of
internal applications, custom-built in .NET and Java. This significant deal is
the largest private PaaS implementation to date, setting a benchmark for how
enterprises modernize and deliver data-sensitive private cloud applications.

JPMorgan Chase chose Apprenda’s best of breed private PaaS as a way to reduce
costs, achieve faster time to market for applications and standardize and
modernize their application architectures.

“JPMorgan Chase needed an enterprise grade private cloud solution to
accelerate our time to market for applications, improve our infrastructure
efficiency and increase our developer productivity,”said JPMorgan Chase Chief
Information Officer Guy Chiarello. “We are pleased with our selection of
Apprenda’s product suite and look forward to realizing benefits across our
global portfolio.”

Today, Apprenda is powering JPMC’s internal applications vital to supporting
the firm’s financial product offerings. Apprenda is deployed at a number of
production sites globally and across growing server clusters already totaling
several terabytes of memory. More than 430 development teams are using the
platform for its 2000 .NET and Java applications, which are now running live.

Apprenda’s enterprise grade platform, plugged into JPMC’s existing IT
infrastructure, modernized it as a way to catapult the firm’s next generation
internal private cloud for both their .NET and Java applications. JPMC
benefits in the following ways from leveraging Apprenda:

  *Enterprise Grade – JPMC’s private cloud PaaS operates at scale for
    thousands of applications and provides guaranteed availability and global
    failover—integrating seamlessly with existing IT investments.
  *“Just Bring Your App” PaaS – removed the friction between developers and
    IT through single-click application deployment and isolated developers and
    their applications from the infrastructure.
  *Unprecedented Time to Market – application deployment was reduced from
    many weeks to fewer than five minutes per application.
  *Fine Cost Control – created a way to allocate and assign surface resources
    to developers on an internal “pay as you go” model to keep costs in check
    and maximize utilization.
  *Standardization of Productivity and Architecture Patterns – achieved an
    unprecedented ability to write hundreds of new custom applications per
    year that would leverage the platform and support common application
    management, in addition to offering platform services such as messaging
    and caching and cloud architecture patterns.

A full case study on the JPMorgan Chase private platform-as-a-service solution
powered by Apprenda can be downloaded  here.

About Apprenda

Apprenda is a platform-as-a-service (PaaS) that transforms how enterprises can
develop, deliver and manage next generation applications in a public, private
or hybrid cloud environment. Apprenda’s platform makes writing and managing
enterprise cloud applications easy and efficient, without compromise. The
Apprenda PaaS equips enterprises with the runtime, APIs and tools that allow
them to easily build, deploy and manage cloud applications using today’s
skillsets and investments. By decoupling applications from infrastructure and
developers from IT, Apprenda empowers organizations to achieve significant
cost savings and massive productivity improvements that result in better
business.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm
with assets of $2.4 trillion and operations worldwide. The firm is a leader in
investment banking, financial services for consumers, small businesses,
commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients under
its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.

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Contact:

Apprenda
Nicole Messier, Office: 518-383-2130 x318
Mobile: 518-538-8608
Dir. of Corporate Communications
nmessier@apprenda.com
 
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