Oriente raises $50 million to continue building its infrastructure for digital financial services

techcrunch | April 28, 2020

Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including website development platform Wix.com.Launched in 2017 by Geoff Prentice (one of Skype’s co-founders), Hubert Tai and Lawrence Chu, Oriente  focuses on markets that are underserved by traditional financial institutions. The new funding will be used for growth in Oriente’s existing markets, the Philippines and Indonesia, and expansion into new countries, including Vietnam.

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Brandon Philips, Founder/CEO of CoreOS talks about Application-focused infrastructure at the AWS Pop-up Loft in San Francisco in front of a live audience.

Spotlight

Brandon Philips, Founder/CEO of CoreOS talks about Application-focused infrastructure at the AWS Pop-up Loft in San Francisco in front of a live audience.

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APPLICATION INFRASTRUCTURE

Renesas Highlights Datacom and Telecom Optical Communications at the 2020 European Conference on Optical Communication

businesswire | December 03, 2020

Renesas Electronics Corporation, a chief provider of cutting edge semiconductor arrangements, will exhibit its arrangement of optical correspondence items at the virtual European Conference on Optical Communication 2020, which happens December 7-9. “Over the last several months, data center, network, and telecom infrastructures have navigated significant increases in the demands and requirements placed on their systems, driven by increasing volumes of high-bandwidth data such as live and on-demand streamed content, the deployment of more AI-based systems, and a worldwide shift to the cloud as more consumers depend on connected systems for their work and daily life,” said Diwakar Vishakhadatta, Vice President of Optical Communication Products at Renesas. “As cloud and networked services become a mission-critical factor in business’ and consumers’ daily lives, we have expanded our optical communications portfolio, adding elements of our leading microcontroller, timing, and power portfolios, to provide customers a one-stop mixed-signal IC solution with all of the elements they need to scale up for today’s systems and beyond.” Clients can consolidate these optical interchanges arrangement with an assortment of Renesas microcontroller, power the executives, and timing gadgets for an answer that provisions all of the parts clients require, from optical interconnect to MCU, making it simpler and snappier to offer their telecom and server farm frameworks applications for sale to the public.

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Broadcom Inc. Highlights Broadcom Software's Strategy and Solutions at Investor Day

Broadcom Inc | November 10, 2021

Broadcom Inc. a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today held a Broadcom Software Investor Day, providing an in-depth overview of its infrastructure software and security software solutions. "Broadcom is continuing to build one of the world's leading enterprise software businesses committed to customer success," . "We continue to invest in our targeted model of partnering with the largest multinational customers to provide a comprehensive portfolio of industry-leading solutions and generate sustainable revenue. With an addressable market today of more than $100 billion, Broadcom Software has significant opportunities to capitalize on a clear customer need for scalability, agility and security to power their most complex hybrid IT environments and accelerate our long-term growth." Tom Krause, President, Broadcom Software Group At today's event, Broadcom Software highlighted its: Business model highly focused on strategic customers leveraging multiple solutions to drive revenue sustainability and growth: Complimentary product portfolio across infrastructure and security software serving 80% of the Fortune 500 and maximizing partnerships with strategic customers, who represent more than 70%1 of annual recurring revenue and approximately 80%2 of whom are licensed to five or more software solutions. Strong recurring revenue base: Broadcom Software generates approximately $5.2 billion3 in annual recurring revenue, of which more than half4 is subscription and has increased more than 25% over the last three quarters. To drive improved visibility, Broadcom Software has grown both average deal duration by increasing multiyear bookings as well as the number of deals that represent more than $1 million of annualized booking value5. Successful history of integrating acquired companies and businesses with mission-critical products: Broadcom Software has a successful history of integrating acquired companies and businesses with mission-critical products toward Broadcom's goal of building one of the world's leading enterprise software businesses. About Broadcom Inc. Broadcom Inc. is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.

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Bell Techlogix named a top IT Managed Services Provider by Expertise

Bell Techlogix | February 15, 2022

Bell Techlogix, a national industry leader in managed services, earned the designation as one of the best IT managed service providers in Indianapolis for the third consecutive year by Expertise.com. Bell Techlogix scored an overall "A" grade based on five categories including availability, qualifications, reputation, experience and professionalism. Based on proprietary research, Expertise selects top service professionals in over 200 different industries across the top cities in the U.S. The goal is to connect people with the best experts. Each month, Expertise research more than 60,000 businesses to help organizations and consumers find the best-qualified professional services organizations for their needs. Bell Techlogix services focus in the areas of Digital Workplace Services, Infrastructure and Cloud Services, Data and Analytics, and Application Support to the public sector, as well as to large and mid-market enterprises. Bell Techlogix is a Premier ServiceNow Partner. "Bell Techlogix is proud to be recognized as a Expertise Best Managed IT Services provider, especially in a city we call home. Our local and global partnerships and connections are significant reasons for our continued business growth and client success,""We serve clients worldwide but take great pride in working with Indiana headquartered organizations to transform IT and business operations." Ron Frankenfield, Bell Techlogix CEO About Bell Techlogix: Bell Techlogix, headquartered in Indianapolis, Indiana, provides transformational Next Generation Digital Workplace and Infrastructure Management solutions to large and mid-market enterprises, as well as the public sector. With services that build, integrate and support the next wave of operational transformation Bell Techlogix provides a true client partnership and an enhanced digital experience. Bell Techlogix provides a flexible approach that is globally capable but locally oriented that will systematically allow you to achieve growth, cost-savings and acceleration of your business. For more information on Bell Techlogix, please visit us on the web at www.belltechlogix.com, follow us on Twitter, like us on LinkedIn or Facebook. About Expertise: Expertise.com finds and reviews the top service professionals in over 200 industries across the U.S. Each month, we research more than 60,000 businesses to help customers find the best-qualified professional for their needs. Our research process is always evolving to keep up with industry changes, so we're confident that when we say a provider is one of the best, it is.

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