The MasterCard (MC) Global Technology and Operations facility located in St. Louis, Missouri is at the center of the company's operations. Since its upgrade in 19971, MasterCard has invested more than $136 million dollars in that facility, which consists of 743 miles of conduit, 412 miles of wire, 100 miles of copper cable, 160 miles of optic fiber, 2.8 miles of cable tray underneath raised floors, 360 data cabinets and 652+ terabytes of storage2. This facility is a major expense for the MasterCard organization, although it is not their primary source of revenue. Keeping in mind that the main revenue source is rather the data mining and processing software that the company provides, that central processing facility becomes a costly overhead with the new equipment upgrades that are currently required.
A two part suggestion has been made for a restructuring reform of that main facility. One: the implementation of a distributed database system, in which the member banks will hold......
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Approximate Word Count: 2705
Approximate Pages: 11 (260 words per double-spaced page) |