Edge IT Infrastructure CAPEX To Reach $700bn Within Next Decade

Data Economy | March 18, 2020

This includes edge equipment at access network sites pre-aggregation sites, and aggregation and central office sites, according to The Linux Foundation. According to the report, the vast majority of edge applications will be woven into the fabric of the internet using emerging connectivity systems, including 5G. The edge applications is set to leverage the cloud for storing and processing data, provisioning resources, and optimising business models that offload CAPEX spending. The report also found that developers will build edge applications using modern principles, such as continuous integration and continuous deployment (CI/CD), and providers will emerge to serve them, making it easy and cost-effective to deploy at the edge. The deployed global power footprint of the edge IT and data centre facilities is forecast to reach 102 thousand MW by 2028.

Spotlight

Flexibility and scalability are the future of businesses. VOLANSYS provide Cloud Solutions with the ability to meet the future needs of your business to dynamically scale your infrastructure as per your needs. Through the strategic implementation of pure cloud-based business software, VOLANSYS helps their clients to improve businesses performance.

Spotlight

Flexibility and scalability are the future of businesses. VOLANSYS provide Cloud Solutions with the ability to meet the future needs of your business to dynamically scale your infrastructure as per your needs. Through the strategic implementation of pure cloud-based business software, VOLANSYS helps their clients to improve businesses performance.

Related News

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE, IT SYSTEMS MANAGEMENT

Fluree and ZettaLabs Announce Merger to Serve Enterprises Seeking Data-Centric Architecture and Legacy Data Infrastructure Modernization

Fluree | September 22, 2022

Fluree, a company headquartered in Winston-Salem, North Carolina, which has developed a distributed ledger graph database platform, and New Jersey-based ZettaLabs, a business that uses artificial intelligence and machine learning to prepare raw data for analytics use, today announced the merger of the two companies. The combination of Fluree and ZettaLabs will enable Fluree to expand its offerings beyond its established expertise of working with “green-field,” new data-centric initiatives that encompass bleeding-edge innovation. With ZettaLabs now part of Fluree, the company possesses the prowess to tackle enterprise legacy data architectures and take the first steps toward modernization. All ZettaLabs employees will integrate into the Fluree ecosystem, bringing Fluree’s total headcount to 50. “At Fluree, we are building the data infrastructure for the future,” said Brian Platz, Fluree co-founder and CEO. “While many of our customers enjoy the unique benefits of our semantic graph distributed ledger database technology, we recognize that organizations first need a way out of their entrenched silos in order to build their end-goal infrastructures. Dealing with legacy infrastructure is one of the biggest challenges for modern businesses, but nearly 74% of organizations are failing to complete legacy data migration projects today due to inefficient tooling and a lack of interoperability. By adding the ZettaLabs team and product suite to our own, Fluree is poised to help organizations on their data infrastructure transformation journeys by uniquely addressing all major aspects of migration and integration: security, governance and semantic interoperability.” ZettaSense has been rebranded as Fluree Sense. The data pipeline that uses AI and machine learning, as well as ontologies, to normalize, cleanse and harmonize data from disparate data sources that need to be integrated in a way that eliminates any requirement for additional data governance, master data management or data quality software. Fluree Sense makes data in existing legacy databases, data warehouses and data lakes ready for downstream enterprise consumption and sharing, whether in analytic repositories like Snowflake or Databricks, or Fluree’s immutable knowledge graph database. “We developed our flagship product, ZettaSense, to ingest, classify, resolve and cleanse big data coming from a variety of sources. who will become Fluree’s president. “The problem is that the underlying data technical architecture -- with multiple operational data stores, warehouses and lakes, now spreading out across multiple clouds -- is continuing to grow in complexity. Now with Fluree, our shared customer base and any new customers can evolve to a modern and elegant data-centric infrastructure that will allow them to more efficiently and effectively share cleansed data both inside and outside its organizational borders." Eliud Polanco, co-founder and CEO of ZettaLabs The merger, the first in Fluree’s history, makes Fluree a go-to company for roughly 90% of businesses hindered by legacy infrastructure and database systems that do not have the toolset or talent to undergo an effective transformation. It also augments Fluree’s customer base, which now includes large, enterprise financial-services customers. Use cases for Fluree Sense include: Legacy data migrations that cleanse and harmonize data from multiple sources to enable migration from a legacy enterprise business platform to a target digital platform; Customer data integrations that integrate customer, account, product and transaction data from across multiple data sources into a single golden 360-degree customer record; Consent management that enables active customer consent and control of how data is shared across products, regions and business functions within an organization; and, Cross-border data residency that allows secure sharing of information across borders adhering to the various national data-privacy regulations using multi-party computation. “We don’t have a lack of data today — we have a lack of high-quality data,” said Peter Serenita, retired Chief Data Officer and current chairman of the New York City-headquartered nonprofit organization Enterprise Data Management Council. “This is why it is essential for enterprises to take a data-centric approach to their modernization initiatives in order to truly transform their legacy infrastructure and eliminate their data silos for good. Joining forces with the ZettaLabs team and product will allow Fluree to continue its mission of turning big data into better data for sustainable business outcomes.” While Fluree currently serves the existing enterprise data management market as an innovative database solution, it is mostly for new data projects that have identified a specific requirement for data trust, integrity, sharing or security. The merger with ZettaLabs enables Fluree to provide value to all enterprise data teams looking to get a handle on their legacy infrastructure and modernize their platforms to satisfy increasingly complex business goals. Fluree now has a full spectrum of data management capabilities for organizations — from the first step of integrating and migrating legacy system data infrastructure with ZettaLabs’ technology to building modernized operational and analytical data infrastructure atop Fluree’s database system. “Fluree’s merger with ZettaLabs is directly in line with Fluree’s vision to deliver data-centric capabilities to modernize enterprise data abilities,” said Dan Malven, managing director of 4490 Ventures, a Madison-based venture capital firm and Fluree lead investor. “Enterprises seeking data-centric architectures now not only have a landing place with Fluree’s core ledger graph database technology, but also now a starting point for their legacy infrastructure to onboard their data management into data centricity.” About Fluree Co-founded in 2016 by CEO Brian Platz and Executive Chairman Flip Filipowski, Fluree PBC is headquartered in Winston-Salem, North Carolina. Fluree is pioneering a data-first technology approach with its data management platform. It guarantees data integrity, facilitates secure data sharing and powers data-driven insights. The Fluree platform organizes blockchain-secured data in a scalable semantic graph database — establishing a foundational layer of trusted data for connected and secure data ecosystems. The company’s foundation is a set of W3C semantic web standards that facilitate trusted data interoperability. Fluree currently employs 50.

Read More

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE

Exelon Optimizes its Operations with Oracle Cloud Infrastructure

Oracle | September 27, 2022

Oracle today announced that the Exelon Corporation, the nation's largest transmission and distribution utility company, is moving its cloud-first vision forward with Oracle Cloud Infrastructure (OCI). By moving several of its Oracle utility applications to OCI, Exelon will be able to further meet its sustainability goals by consolidating data centers, reducing costs, and continuing to deliver on its strong record of customer satisfaction. "Exelon is a leader in the utility market who has long been at the forefront of investing in technologies that create a better experience for its customers while also being proactive in achieving important sustainability goals," said Rodger Smith, senior vice president and general manager of Oracle Energy and Water. "The move to OCI is a natural progression of Oracle's work with Exelon to help the company continue to meet its aggressive growth, cost-efficiency, and net-zero by 2050 commitments." Exelon serves more than 10 million customers in the Midwest and Mid-Atlantic United States through six fully regulated transmission and distribution utilities. "Our mission is to deliver the clean, reliable, and affordable energy needed to create a brighter, more sustainable future. "Oracle has supported this mission by innovating with Exelon across critical pieces of our operations - from energy efficiency to customer service. Oracle's unique utility and back-office applications combined with the price, performance, and security of OCI is a powerful combination that will continue to help us scale our cloud-first strategy." Michael Menendez, vice president of IT Architecture & Engineering, Exelon Corporation From the cloud to carbon reduction and customer care Accenture, a long-time digital transformation partner of Exelon, will help the company move a number of integral applications to the cloud. These include Oracle's customer information system (CIS) and meter data management solutions. The CIS application, in conjunction with Oracle CX solutions, is currently being used across several of the Exelon utilities, providing a single view of the customer that helps Exelon foster a better, more personalized experience – from service call interactions to accurate billing. Likewise, meter data management is helping Exelon capture smart meter data to optimize its use to help support its core operations, energy reliability, and customer innovation. In addition, by leveraging the Oracle Support Rewards, Exelon will be able to shift key applications to OCI for better performance, availability, and security - all for a lower cost. "Evolving customer and employee expectations make delivering impactful, sustainable experiences a critical imperative," said Laurence Bellenguez, the Accenture Oracle Business Group Industry lead for North America. "OCI, coupled with Accenture's technology and industry expertise, is helping Exelon reimagine its employee and customer experience – providing more personalized interactions and significant operational efficiencies, with sustainability at its core." Exelon is also taking advantage of the Oracle Cloud Infrastructure Resident Architect Program, a highly personalized service designed to streamline adoption and successful use of OCI based on Exelon's specific workloads. With the Resident Architect Program, Exelon is supported by a dedicated team of Oracle Enterprise Cloud Architects and Specialists to augment its existing team and provide deep industry expertise and broad technical OCI proficiency. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud.

Read More

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE, STORAGE MANAGEMENT

Alphawave IP Acquires Optical DSP Chip Developer Banias Labs, Advancing its Optical DSP Products for Data Centers

Alphawave IP | October 17, 2022

Alphawave IP Group plc, a global leader in high-speed connectivity for the world's technology infrastructure today announced the acquisition of Banias Labs, an Israel-based optical Digital Signal Processing ("DSP") chip developer for data centers for approximately US$240 million. The acquisition strengthens Alphawave's roadmap of optical DSP silicon products for data centers, a core high growth market for Alphawave. Alongside the acquisition of Banias Labs, Alphawave has negotiated a non-binding, multi-year purchasing framework with a leading North American hyperscaler that proposes a multi-year roadmap for Alphawave to develop and sell a portfolio of optical products and DSPs, including coherent DSP technology from Banias Labs, with sales potentially ramping to over US$300 million. "Banias Labs optical DSP technology provides a strong strategic advantage for Alphawave, strengthening our roadmap of DSP silicon solutions for data centers. This acquisition enhances our portfolio of electrical and optical solutions in the most advanced process technologies. The multi-year purchasing framework includes coherent optical solutions, and with the Banias acquisition, Alphawave is expanding its total addressable market by delivering next generation coherent optical solutions for the most advanced data centers." Tony Pialis, President and Chief Executive Officer of Alphawave John Lofton Holt, Executive Chairman of Alphawave said: "We are pleased to welcome the talented Banias Labs team to Alphawave. This acquisition aligns with the strategic priorities that we articulated at our IPO, expanding our technology portfolio in high-speed connectivity to support long-term growth. Coherent optics will enable the next level of efficiencies in data center communications, addressing the increasing bandwidth and power efficiency requirements." About Coherent Optics Coherent optics is the next evolution of optical solutions, the cornerstone of the industry's efforts to achieve 800G and 1.6T Ethernet speeds while maintaining the required reaches inside and outside of data centers and also significantly reducing power consumption. Coherent technology is predominantly used today in long reaches of over 100km connecting data centers and in telecommunications. Banias Labs' optical DSP technology strengthens Alphawave's optical products roadmap by targeting a growing opportunity for coherent optical technology intra-data center, as shorter reaches adopt this technology.

Read More