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

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

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Pratham Software (PSI)

Pratham Software (PSI) is a global IT services company having the core competency in Outsourced Product Development, Business Process Management, and Custom Application Development & Maintenance.

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Application Infrastructure, Application Storage

Accelerating DevOps and Continuous Delivery with IaaS Virtualization

Article | June 23, 2023

Adopting DevOps and CD in IaaS environments is a strategic imperative for organizations seeking to achieve agility, competitiveness, and customer satisfaction in their software delivery processes. Contents 1. Introduction 2. What is IaaS Virtualization? 3. Virtualization Techniques for DevOps and Continuous Delivery 4. Integration of IaaS with CI/CD Pipelines 5. Considerations in IaaS Virtualized Environments 5.1. CPU Swap Wait 5.2. CPU System/Wait Time for VKernel: 5.3. Memory Balloon 5.4.Memory Swap Rate: 5.5. Memory Usage: 5.6. Disk/Network Latency: 6. Industry tips for IaaS Virtualization Implementation 6.1. Infrastructure Testing 6.2. ApplicationTesting 6.3. Security Monitoring 6.4. Performance Monitoring 6.5. Cost Optimization 7. Conclusion 1. Introduction Infrastructure as a Service (IaaS) virtualization presents significant advantages for organizations seeking to enhance their agility, flexibility, and speed to market within the DevOps and continuous delivery frameworks. Addressing the associated risks and challenges is crucial and can be achieved by employing the appropriate monitoring and testing techniques, enlisted further, in this blog. IaaS virtualization allows organizations to provision and de-provision resources as needed, eliminating the need for long-term investments in hardware and data centers. Furthermore, IaaS virtualization offers the ability to operate with multiple operating systems, databases, and programming languages, empowering teams to select the tools and technologies that best suit their requirements. However, organizations must implement comprehensive testing and monitoring strategies, ensure proper security and compliance controls, and adopt the best resource optimization and management practices to leverage the full potential of virtualized IaaS. To achieve high availability and fault tolerance along with advanced networking, enabling complex application architectures in IaaS virtualization, the blog mentions five industry tips. 2. What is IaaS Virtualization? IaaS virtualization involves simultaneously running multiple operating systems with different configurations. To run virtual machines on a system, a software layer known as the virtual machine monitor (VMM) or hypervisor is required. Virtualization in IaaS handles website hosting, application development and testing, disaster recovery, and data storage and backup. Startups and small businesses with limited IT resources and budgets can benefit greatly from virtualized IaaS, enabling them to provide the necessary infrastructure resources quickly and without significant capital expenditures. Virtualized IaaS is a potent tool for businesses and organizations of all sizes, enabling greater infrastructure resource flexibility, scalability, and efficiency. 3. Virtualization Techniques for DevOps and Continuous Delivery Virtualization is a vital part of the DevOps software stack. Virtualization in DevOps process allows teams to create, test, and implement code in simulated environments without wasting valuable computing resources. DevOps teams can use the virtual services for thorough testing, preventing bottlenecks that could slow down release time. It heavily relies on virtualization for building intricate cloud, API, and SOA systems. In addition, virtual machines benefit test-driven development (TDD) teams that prefer to begin their troubleshooting at the API level. 4. Integration of IaaS with CI/CD Pipelines Continuous integration is a coding practice that frequently implements small code changes and checks them into a version control repository. This process not only packages software and database components but also automatically executes unit tests and other tests to provide developers with vital feedback on any potential breakages caused by code changes. Continuous testing integrates automated tests into the CI/CD pipeline. For example, unit and functionality tests identify issues during continuous integration, while performance and security tests are executed after a build is delivered in continuous delivery. Continuous delivery is the process of automating the deployment of applications to one or more delivery environments. IaaS provides access to computing resources through a virtual server instance, which replicates the capabilities of an on-premise data center. It also offers various services, including server space, security, load balancing, and additional bandwidth. In modern software development and deployment, it's common to integrate IaaS with CI/CD pipelines. This helps automate the creation and management of infrastructure using infrastructure-as-code (IAC) tools. Templates can be created to provision resources on the IaaS platform, ensuring consistency and meeting software requirements. Additionally, containerization technologies like Docker and Kubernetes can deploy applications on IaaS platforms. 5. Considerations in IaaS Virtualized Environments 5.1. CPU Swap Wait The CPU swap wait is when the virtual system waits while the hypervisor swaps parts of the VM memory back in from the disk. This happens when the hypervisor needs to swap, which can be due to a lack of balloon drivers or a memory shortage. This can affect the application's response time. One can install the balloon driver and/or reduce the number of VMs on the physical machine to resolve this issue. 5.2. CPU System/Wait Time for VKernel Virtualization systems often report CPU or wait time for the virtualization kernel used by each virtual machine to measure CPU resource overhead. While this metric can't be directly linked to response time, it can impact both ready and swap times if it increases significantly. If this occurs, it could indicate that the system is either misconfigured or overloaded, and reducing the number of VMs on the machine may be necessary. 5.3. Memory Balloon Memory ballooning is a memory management technique used in virtualized IaaS environments. It works by injecting a software balloon into the VM's memory space. The balloon is designed to consume memory within the VM, causing it to request more memory from the hypervisor. As a result, if the host system is experiencing low memory, it will take memory from its virtual infrastructures, thus negatively affecting the guest's performance, causing swapping, reduced file-system buffers, and smaller system caches. 5.4. Memory Swap Rate Memory swap rate is a performance metric used in virtualized IaaS environments to measure the amount of memory being swapped to disk. When the swap rate is high, it leads to longer CPU swap times and negatively affects application performance. In addition, when a VM is running, it may require more memory than is physically available on the server. In such cases, the hypervisor may use disk space as a temporary storage area for excess memory. Therefore, to optimize, it is important to ensure that VMs have sufficient memory resources allocated. 5.5. Memory Usage Memory usage refers to the amount of memory being used by a VM at any given time. Memory usage is assessed by analyzing the host level, VM level, and granted memory. When memory usage exceeds the available physical memory on the server, the hypervisor may use disk space as a temporary storage area for excess memory, leading to performance issues. The disparity between used and granted memory indicates the overcommitment rate, which can be adjusted through ballooning. 5.6. Disk/Network Latency Some virtualization providers provide integrated utilities for assessing the latency of disks and network interfaces utilized by a virtual machine. Since latency directly affects response time, increased latency at the hypervisor level will also impact the application. An excessive amount of latency indicates the system is overloaded and requires reconfiguration. These metrics enable us to monitor and detect any negative impact a virtualized system might have on our application. 6. Industry tips for IaaS Virtualization Implementation Testing, compliance management and security arecritical aspects of managing virtualized IaaS environments . By implementing a comprehensive strategy, organizations ensure their infrastructure and applications' reliability, security, and performance. 6.1. Infrastructure Testing This involves testing the infrastructure components of the IaaS environment, such as the virtual machines, networks, and storage, aiming to ensure the infrastructure is functioning correctly and that there are no performance bottlenecks, security vulnerabilities, or configuration issues. Testing the virtualized environment, storage testing (testing data replication and backup and recovery processes), and network testing are some of the techniques to be performed. 6.2. Application Testing Applications running on the IaaS virtual environment should be thoroughly tested to ensure they perform as expected. This includes functional testing to ensure that the application meets its requirements and performance testing to ensure that the application can handle anticipated user loads. 6.3. Security Monitoring Security monitoring is critical in IaaS environments, owing to the increased risks and threats. This involves monitoring the infrastructure and applications for potential security threats, vulnerabilities, or breaches. In addition, regular vulnerability assessments and penetration testing help identify and address potential security issues before they become significant problems. 6.4. Performance Monitoring Performance monitoring is essential to ensuring that the underlying infrastructure meets performance expectations and has no performance bottlenecks. This comprises monitoring metrics such as CPU usage, memory usage, network traffic, and disk utilization. This information is used to identify performance issues and optimize resource usage. 6.5. Cost Optimization Cost optimization is a critical aspect of a virtualized IaaS environment with optimized efficiency and resource allocation. Organizations reduce costs and optimize resource usage by identifying and monitoring usage patterns and optimizing elastic and scalable resources. It involves right-sizing resources, utilizing infrastructure automation, reserved instances, spot instances (unused compute capacity purchased at a discount), and optimizing storage usage. 7. Conclusion IaaS virtualization has become a critical component of DevOps and continuous delivery practices. To rapidly develop, test, and deploy applications with greater agility and efficiency by providing on-demand access to scalable infrastructure resources to Devops teams, IaaS virtualization comes into picture. As DevOps teams continue to seek ways to streamline processes and improve efficiency, automation will play an increasingly important role. Automated deployment, testing, and monitoring processes will help reduce manual intervention and increase the speed and accuracy of development cycles. In addition, containers will offer a lightweight and flexible alternative to traditional virtualization, allowing DevOps teams to package applications and their dependencies into portable, self-contained units that can be easily moved between different environments. This can reduce the complexity of managing virtualized infrastructure environments and enable greater flexibility and scalability. By embracing these technologies and integrating them into their workflows, DevOps teams can achieve greater efficiency and accelerate their delivery of high-quality software products.

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Application Infrastructure, IT Systems Management

Verizon launches 5G fixed wireless in parts of 21 more cities

Article | May 8, 2023

Communications giant Verizon last week launched 5G for Business Internet in 20 new markets, targeting SMBs and enterprises alike. The fixed-wireless plans provide download speeds of 100Mbps ($69/month), 200Mbps ($99/month), and 400Mbps ($199/month) with no data limits. Upload speeds are slower. Verizon is also offering a 10-year price lock for new customers with no long-term contract required. “As 5G Business Internet scales into new cities, businesses of all sizes can gain access to the superfast speeds, low latency and next-gen applications enabled by 5G Ultra-Wideband, with no throttling or data limits,” Tami Erwin, CEO of Verizon Business, said in a statement. “We’ll continue to expand the 5G Business Internet footprint and bring the competitive pricing, capability, and flexibility of our full suite of products and services to more and more businesses all over the country.” The service was previously launched in parts of Chicago, Houston and Los Angeles. Verizon started rolling out 5G services last year using lower spectrum bands. According to a study by IHS Markit’s RootMetrics, Verizon offers speeds similar to those of T-Mobile but behind AT&T.

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Hyper-Converged Infrastructure, Application Infrastructure

Top Books to Consider for Adoption of Hyper-Converged Infrastructure

Article | July 19, 2023

Discover the list of best hyperconverged infrastructure books and gain knowledge on the latest advancements in HCI and process design & explore areas for HCI improvements in the infrastructure domain. This comprehensive guide presents a curated selection of top books to consider for adopting Hyper-Converged Infrastructure (HCI) in IT infrastructure. Organizations increasingly recognize HCI as a transformative solution that streamlines data center management, enhances scalability, and optimizes resource utilization. To navigate this technology effectively, businesses must equip themselves with the proper knowledge and insights from authoritative sources. The carefully compiled list of books featured here offers valuable information, providing IT professionals and decision-makers with a solid foundation to make informed choices and successfully implement HCI within their IT infrastructure. 1. Hyperconverged Infrastructure Data Centers: Demystifying HCI Author: Sam Halabi Hyperconverged Infrastructure Data Centers: Demystifying HCI is a highly informative and authoritative guide that provides a clear understanding of Hyperconverged Infrastructure technology. Written for technical professionals and IT managers, the book offers a vendor-neutral perspective on HCI, covering its use cases and comparing leading hyperconvergence solutions in the market. Halabi effectively explains HCI's benefits, combining storage, computing, and networking into a single system, offering simplicity, scalability, and flexibility without sacrificing control. The book explores computing, virtualization, and software-defined storage advancements, highlighting the improvements they bring to data center designs. The author guides readers through the HCI lifecycle, including evaluation, planning, implementation, and management. The book also delves into HCI applications such as DevOps, virtual desktops, and disaster recovery, presenting a new application deployment and management model. 2. Hyperconverged Infrastructure: A Complete Guide Author: The Art of Service - Hyperconverged Infrastructure Publishing This book is a valuable resource for individuals and organizations seeking to understand and leverage the potential of hyperconverged infrastructure. This guide takes a question-based approach, empowering readers to uncover challenges and develop effective solutions. The guide provides a comprehensive self-assessment tool covering seven core HCI maturity levels. With updated case-based questions, readers can diagnose their HCI projects, initiatives, organizations, and processes based on accepted diagnostic standards and practices. It helps readers identify areas where HCI improvements can be made and provides a clear picture of the attention those areas require, enabling them to lead their organizations effectively and address what truly matters. It empowers readers to make their HCI investments work better by guiding them through asking the right questions and seeking innovative perspectives. 3. Hyperconverged Infrastructure: Practical Tools for Self-Assessment Author: Gerardus Blokdyk The book is a valuable resource for individuals in diverse business roles seeking to optimize their Hyperconverged infrastructure investments. This comprehensive guide emphasizes the integration of HCI with other business initiatives and the monitoring of HCI activities' effectiveness. The guide emphasizes the use of HCI data and information to support organizational decision-making and foster innovation. One of the strengths of this guide lies in its focus on leveraging HCI data and information for organizational decision-making and innovation. The self-assessment tool helps identify areas for improvement, with case-based questions organized into seven core areas of process design. Nevertheless, this guide equips readers with the necessary tools and insights to maximize the value of HCI investments, align with business objectives, and foster a culture of continuous improvement and innovation. 4. Hyper-converged Infrastructure Standard Requirements Author: Gerardus Blokdyk This book offers individuals various business roles considering or exploring hyper-converged infrastructure implementation. This comprehensive guide emphasizes the importance of asking the right questions and understanding the challenges and hyperconvergence solutions related to HCI. It provides a set of organized case-based questions, enabling readers to diagnose their HCI projects and identify areas for improvement. The self-assessment tool helps organizations implement evidence-based best practices and integrate the latest advancements in HCI and process design. With the Hyper-Converged Infrastructure Scorecard, readers can gain a clear understanding of the areas that require attention and prioritize their efforts accordingly. The digital components accompanying the book provide additional resources to support organizations in their HCI journey. 5. The Gorilla Guide to Hyperconverged Infrastructure Implementation Strategies Author: Scott D. Lowe The Gorilla Guide to Hyperconverged Infrastructure Implementation Strategies is a book designed for strategic planners seeking innovative segmentation methods. This book offers individuals various business roles exploring HCI implementation. It starts with the architecture of hyper-converged architecture, followed by Exploring the Intersection of Software-Defined Networking and HCI. It delved into addressing the pain points and storage performance in HCI, with relevant use cases for practical examples. It covers data-center consolidation, test and development environments, and HCI economics, for its impact on the IT budget. It helps organizations implement evidence-based best practices and integrate the latest advancements in HCI and process design. 6. The 2022 Report on Hyper-Converged Infrastructure: World Market Segmentation by City Author: Prof Philip M. Parker The '2022 Report on Hyper-Converged Infrastructure: World Market Segmentation by City' is a book designed for global strategic planners seeking innovative segmentation methods. This report covers over 2,000 cities across 200 countries, providing insights into the estimated market size (latent demand) of hyper-converged infrastructure in each significant city worldwide. The report ranks these cities based on their market size relative to their respective countries, geographic regions, and global market. The sales of hyper-converged infrastructure encompass a wide range of products, including hypervisors such as VMware, KVM, and Hyper-V, used for various purposes like virtual desktop infrastructure, server virtualization, data protection, and cloud solutions. Prominent companies in the industry, including VMware, Nutanix, Maxta, and others are covered in the report. The information presented is gathered from public sources, including news, press releases, and industry players, and is reported in U.S. dollars without adjusting for inflation. 7. The 2020-2025 World Outlook for Hyper-Converged Infrastructure Author: Prof Philip M. Parker The World Outlook for Hyper-Converged Infrastructure study comprehensively analyzes the global market across more than 190 countries. It offers estimates of the latent demand, or potential industry earnings (P.I.E.), for each country, expressed in millions of U.S. dollars. The report also presents the country's share as a percentage of the region and the global market, enabling readers to assess its relative position. The study generates latent demand estimates using econometric models that project economic dynamics within and between countries. While it does not delve into specific market players or product details, it takes a strategic, long-term perspective, disregarding short-term cyclical fluctuations and focusing on aggregated trends. A multi-stage methodology, often taught in graduate business courses on international strategic planning, was employed to formulate these estimates. Wrap-up The adoption of Hyper-Converged Infrastructure represents a significant opportunity for businesses to revolutionize their IT infrastructure, improve operational efficiency, and unlock new levels of agility and scalability. The books recommended in this listicle serve as indispensable resources for IT professionals and decision-makers seeking to embark on an HCI journey. By investing in the knowledge imparted by these authoritative texts, you empower yourself and your organization to leverage the full potential of HCI and stay at the forefront of technological advancements. Remember, success in adopting HCI lies not only in the technology itself but also in the understanding and expertise gained through continuous learning and exploration.

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Application Infrastructure

All You Need to Know About IaaS Vs. PaaS Vs. SaaS

Article | August 8, 2022

Nowadays, SaaS, IaaS, and PaaS are some of the most common names across the B2B and B2C sectors. This is because they have become the most efficient and go-to tool for starting a business. Together, they are significantly changing business operations around the globe and have emerged as separate sectors, revamping concepts of various product development, building and delivery processes. SaaS Vs PaaS Vs IaaS Each cloud computing model offers specific features and functionalities. Therefore, your organization must understand the differences. Whether you require cloud-based software to create customized applications, get complete control over your entire infrastructure without physically maintaining it, or simply for storage options, there is a cloud service for you. No matter what you choose, migrating to the cloud is the future of your business and technology. What is the Difference? IaaS: Aka Infrastructure as a Service IaaS allows organizations to manage their business resources such as their servers, network, and data storage on the cloud. PaaS: Aka Platform as a Service allows businesses and developers to build, host, and deploy consumer-facing apps. SaaS: Aka Software as a Service offers businesses and consumers cloud-based tools and applications for everyday use. You can easily access all three cloud computing tools on the internet browser or online apps. A great example would be Google Docs; Instead of working on one MS Word document and sending it around to each other, Google Docs allows your team to work and simultaneously collaborate online. The Market Value A recent report says that by 2028, the global SaaS market will be worth $716.52 billion, and by 2030, the global PaaS market will be worth $319 billion. Moreover, the global IaaS market is expected to be worth $292.58 billion by 2028, giving market players many opportunities. XaaS: Everything as a Service Another term more frequently used in IT is XaaS, short for Everything as a Service. It has emerged as a critical enabler of the Autonomous Digital Enterprise. XaaS is a term for highly customized, responsive, data-driven products and services that are entirely in the hands of the customer and based on the information they give through everyday IoT devices like cell phones and thermostats. Businesses can utilize this data generated over the cloud to deepen their customer relationships, sustain the sale beyond the initial product purchase and innovate faster. Conclusion Cloud computing is not restricted by physical hardware or office space. On the contrary, it allows your remote teams to work more effectively and seamlessly than ever, boosting productivity. Therefore, it offers maximum flexibility and scalability. IaaS, SaaS, PaaS; whichever solution you choose, options are always available to help you and your team move into cloud computing.

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Pratham Software (PSI)

Pratham Software (PSI) is a global IT services company having the core competency in Outsourced Product Development, Business Process Management, and Custom Application Development & Maintenance.

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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.

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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.

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