Home > Resources > Articles > Aluminum giant Hydro hit by ransomware

Aluminum giant Hydro hit by ransomware

During the last several years we have described multiple incidents with ransomware targeting organizations such as hospitals, municipal transit, or even government computers for an entire county. Then came the age of the wipers, with epidemics of WannaCry, ExPetr, and Bad Rabbit spreading through the world and ruining operations for numerous businesses.

Spotlight

Nexio

Founded in 1994, Nexio strives to keep one step ahead of the curve in the IT world. Our company represents more than 200 professionals, experts in various IT fields such as application development and maintenance, digital services and ITSM. Nexio's offices in Montreal and Quebec offer a vision and outstanding services to its renowned customers.

OTHER ARTICLES
Hyper-Converged Infrastructure

How Splunk Helps Maintain Cloud Infra?

Article | October 3, 2023

With the regular increase of data in both cloud and organizations, a way to tackle these data and extract valuable insights is highly in demand. Although there are multiple tools available in the market not all of them can provide a complete resolution. Developed in 2003, Slunk has become the ideal tool for numerous businesses across the globe. It is a software platform that is popular for searching, monitoring, analyzing, and visualizing data in real-time. Slunk performs operations such as gathering, interpreting, and coordinating data to create alerts, dashboards, and graphs instantaneously. Why Splunk? 1. Business Flexibility It improves the way people around organizations identify, predict, and solve problems simultaneously. It helps in answering questions for every part of the business, be it DevOps, IT, or Business Development. It offers capabilities to detect, visualize and collaborate anytime. 2. Enhance Digitization Splunk assists businesses in ensuring the success of their digitization with its artificial intelligence and machine learning-based solutions. 3. New Opportunities No matter how much data you have gathered, Splunk will help in scaling according to the data volume. It does that with the ecosystem provided by its partners and services. 4. Data-To-Everything It is a platform that enables businesses to detect, monitor, analyze, and work with both structured and unstructured data regardless of their source and timescale. It allows users to ask any question related to insights and take actions accordingly. 5. Fast & Flexible The time to value can be sped up to two days. Companies can deploy in increasing capacity within two days and retrieve their data as long as 90 days. Moreover, the upgrades and updates are handled by the team for them. 6. Maximize Value The subscribers of Splunk do not have to manage infrastructure and they do not even need one. As a service, it offers scarce and valuable resources as required for better performance. 7. Robust Security Splunk is certified and authorized by ISO 27001 and FedRAMP. They proffer dedicated cloud environments with encryption to the customer for robust security as well. Apart from these major advantages, Splunk also grants incredible GUI, reduces troubleshooting time, real-time dashboard visibility, incorporates AI in data strategy, monitors business metrics, powerful visualization, and search. Some of the crucial features of Splunk include development & testing, faster ROI generation, developing real-time data applications, and real-time architecture stats & reports. Be Ready for Splunk-Based Cloud Infra Maintenance At its core, Splunk is an efficient tool for data aggregation that comes with versatile search functionality. Any business can get started with Splunk depending on certain needs they have for data-set monitoring and management. It allows users to take a highly effective data wealth that is pulled from different sources like websites, apps, or IoT. All that is needed to do is getting started with Splunk-based applications for which you can hire developers with relevant knowledge and experience.

Read More
Application Infrastructure, Application Storage

Why Should Your Business Utilize Infrastructure as a Service (IaaS)?

Article | July 19, 2023

Flexible data access, enhanced disaster recovery, and reduced infrastructure staff burden are some of the biggest reasons businesses migrate to innovative and reliable cloud technologies. Infrastructure-as-a-service or Iaas, is one such cloud computing model that has simplified the lives of enterprises and developers by reducing their infrastructure burden. Iaas gives you access to servers, networking, storage, and virtualization features. IaaS is fast becoming one of the biggest trends in cloud computing. According to Technavio's latest report, the IaaS market projects a growth of USD 141.77 billion, registering a CAGR of 28.2% from 2021 to 2026. “So many systems end up as a big dreaded ball of mud (which is totally preventable) when designing an enforceable architecture model.” Alexander von Zitzewitz, CEO, hello2morrow Inc. But, how can IaaS technology help you grow and advance your business? Here are some key advantages of switching to IaaS: Better Performance One of the more well-known benefits of IaaS is achieving a higher performance level from your infrastructure. Rather than worrying about the latest hardware for your infrastructure, with IaaS in place, your in-house IT team will be able to focus more on working on your business goals and objectives through technology. Because the SLA (Service Level Agreement) with your IaaS cloud service provider can ensure that you are getting the best performance from your cloud provider's infrastructure. An SLA will ensure that your cloud provider is accountable for continuous upgrades and the best possible service for your business. Decreased CapEx With IaaS technology, you can choose the IaaS cloud service provider of your choice. Typically, a cloud provider has a more reliable, robust, and redundant infrastructure setup than what would be feasible and financially realistic in an office environment. This means you can save on maintenance, purchase, and operating hardware-related business expenditures. Additionally, it also decreases your overall IT-related capital expenditure (CapEx). Increased Flexibility IaaS increases your scalability and flexibility exponentially. Your business can scale up and down as needed and on-demand. For example, say your business is hosting a short-term campaign to drive more traffic to your website. IaaS will automatically provision resources to ensure your business infrastructure is well equipped to handle the sudden incoming traffic boost. Scale- Up Your Business Additionally, IaaS gives your growing business the flexibility it needs from its IT infrastructure. For example, if you’re considering opening a new office in a different location, you don’t need to spend extra on new hardware; instead, you can directly connect to your infrastructure virtually. This means you don’t need to invest in additional infrastructure for business expansion continually. Managed-Task Virtualization As IaaS supports the virtualization of management tasks, your IT is free to concentrate on other, more thought-intensive work. This will not only drive more efficiency but also help boost ROI. Disaster Recovery During disasters like an earthquake or floods, IaaS ensures smooth business operations. Disaster Recovery as a Service (DRaaS) stores and replicates data in multiple data centers in different geographical locations. So even if a disaster or mishap causes significant damage to the data center, your IaaS providers can quickly restore the data from another data center. Conclusion IaaS allows your businesses to utilize the cloud to achieve your IT goals. It is flexible, scalable, reliable, cost-effective and provides seamless access to maximize business continuity. Therefore, you should choose a reliable IaaS cloud provider who can deliver a variety of cloud infrastructure solutions.

Read More
Hyper-Converged Infrastructure

As Edge Applications Multiply, OpenInfra Community Delivers StarlingX 5.0, Offering Cloud Infrastructure Stack for 5G, IoT

Article | October 10, 2023

StarlingX—the open source edge computing and IoT cloud platform optimized for low-latency and high-performance applications—is available in its 5.0 release today. StarlingX combines Ceph, OpenStack, Kubernetes and more to create a full-featured cloud software stack that provides everything carriers and enterprises need to deploy an edge cloud on a few servers or hundreds of them.

Read More
Storage Management

Data Center as a Service Is the Way of the Future

Article | July 11, 2022

Data Center as a Service (DCaaS) is a hosting service that gives clients access to actual data center infrastructure and amenities. Through a Wide-Area Network, DCaaS enables clients to remotely access the provider's storage, server, and networking capabilities (WAN). Businesses can tackle their on-site data center's logistical and financial issues by outsourcing to a service provider. Many enterprises rely on DCaaS to overcome the physical constraints of their on-site infrastructure or to offload the hosting and management of non-mission-critical applications. Businesses that require robust data management solutions but lack the necessary internal resources can adopt DCaaS. DCaaS is the perfect answer for companies that are struggling with a lack of IT help or a lack of funding for system maintenance. Added benefits data Center as a Service allows businesses to be independent of their physical infrastructure: A single-provider API Data centers without Staff Effortlessly handle the influx of data Data centers in regions with more stable climates Data Center as a Service helps democratize the data center itself, allowing companies that could never afford the huge investments that have gotten us this far to benefit from these developments. This is perhaps the most important, as Infrastructure-as-a-Service enables smaller companies to get started without a huge investment. Conclusion Data center as a service (DCaaS) enables clients to access a data center remotely and its features, whereas data center services might include complete management of an organization's on-premises infrastructure resources. IT can be outsourced using data center services to manage an organization's network, storage, computing, cloud, and maintenance. The infrastructure of many businesses is outsourced to increase operational effectiveness, size, and cost-effectiveness. It might be challenging to manage your existing infrastructure while keeping up with the pace of innovation, but it's critical to be on the cutting edge of technology. Organizations may stay future-ready by working with a vendor that can supply DCaaS and data center services.

Read More
Hyper-Converged Infrastructure

Adapting to Changing Landscape: Challenges and Solutions in HCI

Article | October 3, 2023

With the regular increase of data in both cloud and organizations, a way to tackle these data and extract valuable insights is highly in demand. Although there are multiple tools available in the market not all of them can provide a complete resolution. Developed in 2003, Slunk has become the ideal tool for numerous businesses across the globe. It is a software platform that is popular for searching, monitoring, analyzing, and visualizing data in real-time. Slunk performs operations such as gathering, interpreting, and coordinating data to create alerts, dashboards, and graphs instantaneously. Why Splunk? 1. Business Flexibility It improves the way people around organizations identify, predict, and solve problems simultaneously. It helps in answering questions for every part of the business, be it DevOps, IT, or Business Development. It offers capabilities to detect, visualize and collaborate anytime. 2. Enhance Digitization Splunk assists businesses in ensuring the success of their digitization with its artificial intelligence and machine learning-based solutions. 3. New Opportunities No matter how much data you have gathered, Splunk will help in scaling according to the data volume. It does that with the ecosystem provided by its partners and services. 4. Data-To-Everything It is a platform that enables businesses to detect, monitor, analyze, and work with both structured and unstructured data regardless of their source and timescale. It allows users to ask any question related to insights and take actions accordingly. 5. Fast & Flexible The time to value can be sped up to two days. Companies can deploy in increasing capacity within two days and retrieve their data as long as 90 days. Moreover, the upgrades and updates are handled by the team for them. 6. Maximize Value The subscribers of Splunk do not have to manage infrastructure and they do not even need one. As a service, it offers scarce and valuable resources as required for better performance. 7. Robust Security Splunk is certified and authorized by ISO 27001 and FedRAMP. They proffer dedicated cloud environments with encryption to the customer for robust security as well. Apart from these major advantages, Splunk also grants incredible GUI, reduces troubleshooting time, real-time dashboard visibility, incorporates AI in data strategy, monitors business metrics, powerful visualization, and search. Some of the crucial features of Splunk include development & testing, faster ROI generation, developing real-time data applications, and real-time architecture stats & reports. Be Ready for Splunk-Based Cloud Infra Maintenance At its core, Splunk is an efficient tool for data aggregation that comes with versatile search functionality. Any business can get started with Splunk depending on certain needs they have for data-set monitoring and management. It allows users to take a highly effective data wealth that is pulled from different sources like websites, apps, or IoT. All that is needed to do is getting started with Splunk-based applications for which you can hire developers with relevant knowledge and experience.

Read More
Application Infrastructure, Application Storage

Mastering Infrastructure: Hyperconvergence Courses and Certifications

Article | July 19, 2023

Flexible data access, enhanced disaster recovery, and reduced infrastructure staff burden are some of the biggest reasons businesses migrate to innovative and reliable cloud technologies. Infrastructure-as-a-service or Iaas, is one such cloud computing model that has simplified the lives of enterprises and developers by reducing their infrastructure burden. Iaas gives you access to servers, networking, storage, and virtualization features. IaaS is fast becoming one of the biggest trends in cloud computing. According to Technavio's latest report, the IaaS market projects a growth of USD 141.77 billion, registering a CAGR of 28.2% from 2021 to 2026. “So many systems end up as a big dreaded ball of mud (which is totally preventable) when designing an enforceable architecture model.” Alexander von Zitzewitz, CEO, hello2morrow Inc. But, how can IaaS technology help you grow and advance your business? Here are some key advantages of switching to IaaS: Better Performance One of the more well-known benefits of IaaS is achieving a higher performance level from your infrastructure. Rather than worrying about the latest hardware for your infrastructure, with IaaS in place, your in-house IT team will be able to focus more on working on your business goals and objectives through technology. Because the SLA (Service Level Agreement) with your IaaS cloud service provider can ensure that you are getting the best performance from your cloud provider's infrastructure. An SLA will ensure that your cloud provider is accountable for continuous upgrades and the best possible service for your business. Decreased CapEx With IaaS technology, you can choose the IaaS cloud service provider of your choice. Typically, a cloud provider has a more reliable, robust, and redundant infrastructure setup than what would be feasible and financially realistic in an office environment. This means you can save on maintenance, purchase, and operating hardware-related business expenditures. Additionally, it also decreases your overall IT-related capital expenditure (CapEx). Increased Flexibility IaaS increases your scalability and flexibility exponentially. Your business can scale up and down as needed and on-demand. For example, say your business is hosting a short-term campaign to drive more traffic to your website. IaaS will automatically provision resources to ensure your business infrastructure is well equipped to handle the sudden incoming traffic boost. Scale- Up Your Business Additionally, IaaS gives your growing business the flexibility it needs from its IT infrastructure. For example, if you’re considering opening a new office in a different location, you don’t need to spend extra on new hardware; instead, you can directly connect to your infrastructure virtually. This means you don’t need to invest in additional infrastructure for business expansion continually. Managed-Task Virtualization As IaaS supports the virtualization of management tasks, your IT is free to concentrate on other, more thought-intensive work. This will not only drive more efficiency but also help boost ROI. Disaster Recovery During disasters like an earthquake or floods, IaaS ensures smooth business operations. Disaster Recovery as a Service (DRaaS) stores and replicates data in multiple data centers in different geographical locations. So even if a disaster or mishap causes significant damage to the data center, your IaaS providers can quickly restore the data from another data center. Conclusion IaaS allows your businesses to utilize the cloud to achieve your IT goals. It is flexible, scalable, reliable, cost-effective and provides seamless access to maximize business continuity. Therefore, you should choose a reliable IaaS cloud provider who can deliver a variety of cloud infrastructure solutions.

Read More
Hyper-Converged Infrastructure

Ensuring Long-Term Reliability of Technology Partners using HCI

Article | October 10, 2023

StarlingX—the open source edge computing and IoT cloud platform optimized for low-latency and high-performance applications—is available in its 5.0 release today. StarlingX combines Ceph, OpenStack, Kubernetes and more to create a full-featured cloud software stack that provides everything carriers and enterprises need to deploy an edge cloud on a few servers or hundreds of them.

Read More
Storage Management

Data Center as a Service Is the Way of the Future

Article | July 11, 2022

Data Center as a Service (DCaaS) is a hosting service that gives clients access to actual data center infrastructure and amenities. Through a Wide-Area Network, DCaaS enables clients to remotely access the provider's storage, server, and networking capabilities (WAN). Businesses can tackle their on-site data center's logistical and financial issues by outsourcing to a service provider. Many enterprises rely on DCaaS to overcome the physical constraints of their on-site infrastructure or to offload the hosting and management of non-mission-critical applications. Businesses that require robust data management solutions but lack the necessary internal resources can adopt DCaaS. DCaaS is the perfect answer for companies that are struggling with a lack of IT help or a lack of funding for system maintenance. Added benefits data Center as a Service allows businesses to be independent of their physical infrastructure: A single-provider API Data centers without Staff Effortlessly handle the influx of data Data centers in regions with more stable climates Data Center as a Service helps democratize the data center itself, allowing companies that could never afford the huge investments that have gotten us this far to benefit from these developments. This is perhaps the most important, as Infrastructure-as-a-Service enables smaller companies to get started without a huge investment. Conclusion Data center as a service (DCaaS) enables clients to access a data center remotely and its features, whereas data center services might include complete management of an organization's on-premises infrastructure resources. IT can be outsourced using data center services to manage an organization's network, storage, computing, cloud, and maintenance. The infrastructure of many businesses is outsourced to increase operational effectiveness, size, and cost-effectiveness. It might be challenging to manage your existing infrastructure while keeping up with the pace of innovation, but it's critical to be on the cutting edge of technology. Organizations may stay future-ready by working with a vendor that can supply DCaaS and data center services.

Read More
MORE ARTICLES

Spotlight

Nexio

Founded in 1994, Nexio strives to keep one step ahead of the curve in the IT world. Our company represents more than 200 professionals, experts in various IT fields such as application development and maintenance, digital services and ITSM. Nexio's offices in Montreal and Quebec offer a vision and outstanding services to its renowned customers.

Related News

Application Infrastructure

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

Read More

IT Systems Management

ICANN ANNOUNCES GRANT PROGRAM TO SPUR INNOVATION

PR Newswire | January 16, 2024

The Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that coordinates the Domain Name System (DNS), announced today the ICANN Grant Program, which will make millions of dollars in funding available to develop projects that support the growth of a single, open and globally interoperable Internet. ICANN is opening an application cycle for the first $10 million in grants in March 2024. Internet connectivity continues to increase worldwide, particularly in developing countries. According to the International Telecommunication Union (ITU), an estimated 5.3 billion of the world's population use the Internet as of 2022, a growth rate of 6.1% over 2021. The Grant Program will support this next phase of global Internet growth by fostering an inclusive and transparent approach to developing stable, secure Internet infrastructure solutions that support the Internet's unique identifier systems. "With the rapid evolution of emerging technologies, businesses and security models, it is critical that the Internet's unique identifier systems continue to evolve," said Sally Costerton, Interim President and CEO, ICANN. "The ICANN Grant Program offers a new avenue to further those efforts by investing in projects that are committed to and support ICANN's vision of a single, open and globally interoperable Internet that fosters inclusion amongst a broad, global community of users." ICANN expects to begin accepting grant applications on 25 March 2024. The application window will remain open until 24 May 2024. A complete list of eligibility criteria can be found at: https://icann.org/grant-program. Once the application window closes, all applications are subject to admissibility and eligibility checks. An Independent Application Assessment Panel will review admissible and eligible applications and the tentative timeline to announce the grantees of the first cycle is in January of 2025. Potential applicants will have several opportunities to learn more about the Call for Proposals and ask ICANN Grant Program staff members questions through question-and-answer webinar sessions in the coming months. For more information on the program, including eligibility and submission requirements, the ICANN Grant Program Applicant Guide is available at https://icann.org/grant-program. About ICANN ICANN's mission is to help ensure a stable, secured and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world.

Read More

Application Infrastructure

Legrand Acquires Data Center, Branch, and Edge Management Infrastructure Market Leader ZPE Systems, Inc.

Legrand | January 15, 2024

Legrand, a global specialist in electrical and digital building infrastructures, including data center solutions, has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure. This includes serial console servers, sensors, and services routers that enable remote access and management of network IT equipment from data centers to the edge. The acquisition brings together ZPE's secure and open management infrastructure and services delivery platform for data center, branch, and edge environments to Legrand's comprehensive data center solutions of overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions. ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division. "ZPE Systems leads the fast growing and profitable data center and edge management infrastructure market. This acquisition allows Legrand to enter a promising new segment whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs," said John Selldorff, President and CEO, Legrand, North and Central America. "Edge computing, AI and operational technology will require more complex data centers and edge infrastructure with intelligent IT needs to be built in disparate remote geographies. This makes remote management and operation a critical requirement. ZPE Systems is well positioned to address this need through high performance automation infrastructure solutions, which are complementary to our current data center offerings." "By joining forces with Legrand, ZPE Systems is advancing our leadership position in management infrastructure and propelling our technology and solutions to further support existing and new market opportunities," said Zimmermann. About Legrand and Legrand, North and Central America Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving lives by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: data centers, connected offerings and energy efficiency programs). Legrand reported sales of €8.0 billion in 2022. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes.

Read More

Application Infrastructure

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

Read More

IT Systems Management

ICANN ANNOUNCES GRANT PROGRAM TO SPUR INNOVATION

PR Newswire | January 16, 2024

The Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that coordinates the Domain Name System (DNS), announced today the ICANN Grant Program, which will make millions of dollars in funding available to develop projects that support the growth of a single, open and globally interoperable Internet. ICANN is opening an application cycle for the first $10 million in grants in March 2024. Internet connectivity continues to increase worldwide, particularly in developing countries. According to the International Telecommunication Union (ITU), an estimated 5.3 billion of the world's population use the Internet as of 2022, a growth rate of 6.1% over 2021. The Grant Program will support this next phase of global Internet growth by fostering an inclusive and transparent approach to developing stable, secure Internet infrastructure solutions that support the Internet's unique identifier systems. "With the rapid evolution of emerging technologies, businesses and security models, it is critical that the Internet's unique identifier systems continue to evolve," said Sally Costerton, Interim President and CEO, ICANN. "The ICANN Grant Program offers a new avenue to further those efforts by investing in projects that are committed to and support ICANN's vision of a single, open and globally interoperable Internet that fosters inclusion amongst a broad, global community of users." ICANN expects to begin accepting grant applications on 25 March 2024. The application window will remain open until 24 May 2024. A complete list of eligibility criteria can be found at: https://icann.org/grant-program. Once the application window closes, all applications are subject to admissibility and eligibility checks. An Independent Application Assessment Panel will review admissible and eligible applications and the tentative timeline to announce the grantees of the first cycle is in January of 2025. Potential applicants will have several opportunities to learn more about the Call for Proposals and ask ICANN Grant Program staff members questions through question-and-answer webinar sessions in the coming months. For more information on the program, including eligibility and submission requirements, the ICANN Grant Program Applicant Guide is available at https://icann.org/grant-program. About ICANN ICANN's mission is to help ensure a stable, secured and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world.

Read More

Application Infrastructure

Legrand Acquires Data Center, Branch, and Edge Management Infrastructure Market Leader ZPE Systems, Inc.

Legrand | January 15, 2024

Legrand, a global specialist in electrical and digital building infrastructures, including data center solutions, has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure. This includes serial console servers, sensors, and services routers that enable remote access and management of network IT equipment from data centers to the edge. The acquisition brings together ZPE's secure and open management infrastructure and services delivery platform for data center, branch, and edge environments to Legrand's comprehensive data center solutions of overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions. ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division. "ZPE Systems leads the fast growing and profitable data center and edge management infrastructure market. This acquisition allows Legrand to enter a promising new segment whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs," said John Selldorff, President and CEO, Legrand, North and Central America. "Edge computing, AI and operational technology will require more complex data centers and edge infrastructure with intelligent IT needs to be built in disparate remote geographies. This makes remote management and operation a critical requirement. ZPE Systems is well positioned to address this need through high performance automation infrastructure solutions, which are complementary to our current data center offerings." "By joining forces with Legrand, ZPE Systems is advancing our leadership position in management infrastructure and propelling our technology and solutions to further support existing and new market opportunities," said Zimmermann. About Legrand and Legrand, North and Central America Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving lives by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: data centers, connected offerings and energy efficiency programs). Legrand reported sales of €8.0 billion in 2022. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes.

Read More

Events