APPLICATION INFRASTRUCTURE, WINDOWS SYSTEMS AND NETWORK
businesswire | April 10, 2023
Transaction Network Services (TNS) today announced the deployment of a TNS cloud-based financial trading infrastructure solution for the Coinbase Derivatives Exchange (CDE). The partnership supports a significant enhancement to the regulated futures exchange.
The TNS deployed hardware solution for CDE consists of the recently announced TNS Dedicated Server offering that will enhance the Coinbase Derivatives Exchange infrastructure collocated in Secaucus, NJ and Aurora, IL. The TNS Dedicated Server offering was developed to deliver low latency trading execution, improve storage capabilities, and process the large data sets that will be required due to the fast growth and adoption of the Coinbase Derivatives Exchange.
CDE will also be connecting to the TNS network which allows for direct low latency access to CDE through any TNS data center globally and will provide access to TNS’ extensive financial community of more than 2,800 endpoints.
"We’re pleased to add the Coinbase Derivatives Exchange to our robust exchange community,” said Tom Lazenga, General Manager of TNS’ Financial Markets business. “Our institutional customers can now access crypto futures markets with resilient, high-performance connectivity.”
The dedicated hardware, hosting and switching compute system was staged in the Equinix NY6 data center and deployed into the current production CDE sites in Secaucus, NJ and Aurora, IL. In conjunction with CDE and their network team, TNS procured and deployed the systems at a time of high demand for network hardware and long lead times. TNS’ Cloud platform, including the recently announced Dedicated Server offering, allows for rapid installation, alleviating supply chain challenges.
“TNS helps us deliver a resilient product that traders and investors can trust,” said Boris Ilyevsky, Coinbase Derivatives Exchange, CEO. “Crypto has witnessed both volatile and liquid markets and with institutional adoption remaining strong, we believe the time is right for the offering that TNS brings to the table. Dedicated cloud infrastructure connectivity coupled with our derivatives exchange represents a mission-critical step toward supporting and maintaining a vibrant and reliable crypto derivatives market.”
About Transaction Network Services (TNS)
Transaction Network Services, Founded in 1990 and with headquarters across USA, Europe and Asia, TNS is a leading provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community. Delivered as a fully managed Infrastructure-as-a-Service offering, TNS provides an unrivalled, global, mission-critical footprint that significantly reduces the burdens, complexities and costs attributed to firms ‘going direct’. Through its ultra-low latency connectivity, its global market data offerings and its dedicated 24x7x365 local support, TNS remains the trusted solution provider to more than 750 counterparties globally.
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APPLICATION STORAGE, STORAGE MANAGEMENT
Service Express | March 08, 2023
On February 7, 2023, Service Express, a prominent data center solutions provider, announced the acquisition of ServIQ. This investment enhances Service Express' channel partner program and offerings.
ServIQ, founded in 2004, provides support for multivendor data centers for Fortune 500 companies and enterprises all over the world. ServIQ gives Service Express access to a group of skilled sales, service, engineering, and customer support professionals, all of which have a combined 19 years of experience in the relevant business.
Jeff Reale, Owner of ServIQ, noted, "This is a major step for ServIQ and we're honored to have the support of Service Express as we transition into the next phase of our business."
(Source – CISION PR Newswire)
Meanwhile, Ron Alvesteffer, President and CEO of Service Express, said, "We look forward to welcoming ServIQ customers and employees to Service Express!" He added, "Service Express' purpose is to provide the best experience for our customers, partners and employees, and ServIQ provides an opportunity for us to expand our partnerships and customer base."
(Source – CISION PR Newswire)
About Service Express
Service Express is a well-known data center solutions provider, established in 1993, and headquartered in Kentwood, Michigan, specializing in multivendor maintenance, hybrid cloud, and managed infrastructure. Service Express values its people-powered culture and employee development. Forbes, Glassdoor, Best & Brightest have honored Service Express.
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APPLICATION INFRASTRUCTURE, WINDOWS SYSTEMS AND NETWORK
PRnewswire | April 24, 2023
Zesty, a pioneer in dynamic cloud infrastructure solutions, today announced the launch of EZswitch for Zesty Disk. EZswitch dramatically simplifies the transfer of data to Zesty-managed disks, reducing the steps and the downtime previously required. It requires zero code changes and empowers organizations to quickly and easily automate the right-sizing of their block storage.
The management of block storage volumes remains a huge challenge for cloud customers. Even with advances in prediction capabilities, there is no foolproof way to determine the amount of storage required. Storage demands for applications are extremely dynamic, and failure to allocate the sufficient disk space can be disastrous for companies. Overprovisioning has become standard practice, with organizations regularly provisioning excess storage than required to ensure app stability even during peak usage periods. However, that can double or triple the costs. Hands-on management can help achieve more accurate provisioning but it requires DevOps to be on call 24/7 to increase volumes when necessary.
Zesty Disk's AI-driven auto-scaling technology eliminates the tradeoff between cloud performance and cost efficiency. As storage data demands increase and decrease in line with fluctuating application needs, Zesty Disk automatically right sizes disk storage in real-time freeing engineers from 24/7 cloud monitoring. With optimized utilization, storage costs can be reduced by up to 70% as provisioned storage is kept in pace with used storage needs. Designed with DevOps teams in mind, the AI-powered real-time cloud management tool is easy to use and manage, even for functions as critical and security-sensitive as block storage.
"Companies are often unaware of the level of waste that takes place with Amazon EBS. They assume their utilization is more or less in line with their provisioning, and that the high costs of running storage is the norm," said Alexey Baikov, CTO and co-founder of Zesty. "With EZswitch, companies can evaluate Zesty Disk with no risk and minimal time commitment to see the cost impact that auto-scaling EBS volumes has. EZswitch lowers the barrier of entry for DevOps teams to automate the management of their Amazon EBS volumes."
In the past several months Zesty has continued to grow and invest in the success of its users. On the heels of the company's $75 million Series B, Zesty has opened a new HQ in San Mateo and hired Ori Yitzhaki as the new VP of Product. As the former VP of Product at JFrog, Yitzhaki's experience in customer-centric product development will play a key role in creating highly valuable and easy-to-use optimization tools for dynamic cloud environments.
About Zesty
Zesty is breaking new ground with intelligent cloud management technology that auto-scales cloud resources to fit real-time application needs. As today's cloud environments become increasingly dynamic, Zesty's automation increases cloud efficiency, improves DevOps productivity, and reduces cloud costs with zero human input. As a result, DevOps engineers no longer need to spend time on repetitive and mundane infrastructure management tasks and can enjoy the cloud's flexibility and scalability without worrying about cost or performance concerns. Zesty was founded in 2019 in Tel Aviv and is used by leading organizations such as Armis, Gong, Yotpo, and others. For more information, visit Zesty.co.
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