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MarginPro in Bloomberg BusinessWeek’s Cover Story

In the digital version of this shift, the role of utilities is played by the megadata centers. The cloudpeople are saying this technological wave, too, will make everyone a winner. Corporate technology has a chance to shift from a painful, dark art to something that injects new life into businesses. The only losers will be those companies that sit still and suffer grim outcomes at the hands of smaller companies that embrace the cloud.

Carl Ryden has issued this exact message to contemplative types at big companies. He is co-founder of MarginPro, an eight-person outfit in Charlotte that built a service out of Microsoft’s Azure to help banks price commercial loans. Each month, MarginPro analyzes $700 million worth of lending. For every $10 million in revenue the company makes off this work, it pays $1,500 in cloud fees to Microsoft. “We sell around the technology guys and straight to the business folks,” Ryden says.

MarginPro also analyzes its customer data to get a sense of trends in the loan market and the overall health of the economy. Ryden says he’s impressed with the quality of the analysis and might turn it into an additional business. He’s also delighted he now has the technological wherewithal that used to be available only to organizations with a lot more money—organizations such as banks, his clientele. “You can find 100 reasons not to move to the cloud,” Ryden says. “But you’re going to look up one day and all you will be doing is managing the systems that connect all your printers.”

Whole Article

Direct link to our portion (last 2 paragraphs)

Categories: Uncategorized

MarginPro Interview On “Thought Leaders in the Cloud”

We started with a blank screen and a blinking cursor, so it was fairly easy for us to move. In fact, what held us up is that our application was written and running on .NET 4, and we had to wait for Azure to get upgraded so we could move. Because we were kind of pushing out on the edge, it was probably easier for us to move the whole thing, en masse.

http://blogs.msdn.com/b/windowsazure/archive/2011/02/23/thought-leaders-in-the-cloud-talking-with-carl-ryden-cto-of-marginpro.aspx

Categories: Uncategorized

Microsoft does a case study on MarginPro

Software Company Reduces IT Maintenance and Supports More Revenue with Cloud Services

MarginPro develops loan pricing and profitability software to help community banks and credit unions find the most profitable loan structure for borrowers. The company developed its proprietary MarginPro software from the beginning to run in a cloud-computing environment, and previously used a third-party provider to host its virtual application servers. However, employees at MarginPro were distracted by IT maintenance tasks and had to mitigate service interruptions during new deployments. So, in May 2010, MarginPro migrated to the Windows Azure platform for hosting and compute processing, including Microsoft SQL Azure for its relational database needs. Now the company enjoys quick and easy scalability, uptime during deployments, and a SAS 70 Type II-compliant infrastructure that customers trust. Plus, MarginPro can better focus on its core competencies and growing a successful business.

Read the whole thing on Microsoft’s site.

There will be an interview posted shortly as well..

Categories: Uncategorized

Continuum Photography

I wanted to take a moment to share with everyone my sister and brother in law’s new, absolutely phenomonal, photography company – Continuum Photography.

As long as I’ve known Josh I have never once seen him without a camera in his hand for more than five minutes.  They are both extraordinarily talented (in both photography and post processing) and dedicated.  They do weddings, portraitures, special events, commercial photography and more – basically anything you’d want a professional photographer for.  They’ll travel just about anywhere in the world for your events, are highly professional, have wonderful personalities and are determined to ensure your satisification with their services.

My Nephew, Hayden

Categories: Uncategorized Tags: , ,

So I finally made a blog..

…and I don’t have time to put anything on it

 “Coming soon!”

Categories: Uncategorized Tags: ,