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With more than 75 percent of the world's corporate data residing in mainframe computers, there is a huge opportunity for innovative companies to satisfy requirements for increased processing power. Mainframes typically handle millions of transactions per second.
Established in 1997, UMX Technologies has grown into a multinational hardware and software development company. "It was really tough in the beginning because we just had the ideas. Now we really want to have some of the action," says the company founder Lars Parelius. UMX has developed a so-called "virtual" mainframe that allows computers to handle much more work than normal. "Our UMX Virtual Mainframe runs on an Intel platform and optimizes resources, thus providing a product better or at least equal to what clients already have while minimizing costs," he adds. With an office set up in Britain recently, an increased presence in the US, new research facilities in Europe, UMX's expansion plan is in full swing. UMX has also become an IBM business partner solutions provider and Parelius considers this stamp of approval to be one of the company's greatest strengths as it looks to the future. "The next step for UMX in 2002 is to focus on the Asia-Pacific market," he comments. "Japan is the "mainframe kingdom of the world" and I have long wanted to focus on this country." "If we go to Japan, our products must be better than they were even just a year ago," he explains. "We have connected old and new technologies and now consider Japan to be a very important market for us."
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UMX Technologies founder Lars Parelius