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.

Spotlight

In many cases, it’s not easy for companies to connect their existing application infrastructure to next generation systems and deliver a user experience that customers have grown to expect. To do so, they must connect and expose existing applications and data to new, next generation cloud-native services.

Spotlight

In many cases, it’s not easy for companies to connect their existing application infrastructure to next generation systems and deliver a user experience that customers have grown to expect. To do so, they must connect and expose existing applications and data to new, next generation cloud-native services.

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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.

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APPLICATION INFRASTRUCTURE, DATA STORAGE, IT SYSTEMS MANAGEMENT

Kyndryl Introduces New Platform, Kyndryl Bridge, to Orchestrate IT Estates and Drive Business Growth

Kyndryl | September 20, 2022

Kyndryl, the world's largest IT infrastructure services provider, today announced a new open integration platform giving business leaders real-time insights into their complex IT estates, and unprecedented control over customizing their mission-critical operations. Kyndryl Bridge leverages Kyndryl’s core technology strengths. It marshals decades of expertise, operational data patterns and IP to generate actionable insights that redefine how enterprises improve and accelerate their AI-powered analytics and business objectives. In doing so, it creates an uninterrupted path between digital business and the tech that drives it. Kyndryl Bridge is designed to meet customers where they are today, enabling interoperability that maximizes the value of tools they already know and trust. “Dealing with complexity is what Kyndryl does best, and what customers need most. Kyndryl Bridge will be a way for our customers, and Kyndryl, to run their mission-critical infrastructure and digital transformation journeys better. “Kyndryl is committed to transforming how IT services are delivered, and Kyndryl Bridge is core to our long-term strategic mission to grow our ecosystem of alliance partners, use tools and IP to create a robust advanced delivery system, and ultimately dedicate more expertise and focus to best serve customers at scale.” Martin Schroeter, Kyndryl’s Chairman and Chief Executive Officer Across the global economy, digital modernization efforts sit at the top of today’s business agendas, with 60 percent of CIOs citing it as their most critical growth driver in 2022. However, business and technology complexity — along with a shortage of critical IT skills — has slowed progress for most enterprises. Kyndryl is accelerating its customers’ digital business journeys by innovating to deliver solutions through platform-enabled services. “Enterprise IT leaders today are responsible for the management of increasingly-complex IT estates that demand greater oversight, interoperability, and AI-powered analytics to avert challenges and downtime,” says David Tapper, program VP, Outsourcing and Managed Cloud Service at IDC. “The ability of Kyndryl Bridge to connect the many tools, workflows, and processes in which enterprises have spent years investing, while delivering real-time, actionable insights and recommendations, is a powerful proposition for enterprises throughout the global economy.” Kyndryl Bridge integrates and connects the complex management and process tools that enterprises throughout the global economy rely upon. Its capabilities have, on average, reduced the number of incidents per server per month for enterprises by 74 percent. “By enabling leaders to focus less on managing IT systems, they can build and support their digital business strategies while freeing up IT resources for higher-value work,” said Antoine Shagoury, Kyndryl’s Chief Technology Officer. “It provides greater access and control over critical tools, and Kyndryl experts in cloud, data and AI, security and resiliency, mainframe modernization, and other important aspects of the IT estate.” Designed with configurability in mind, Kyndryl Bridge is evolving to deploy ready-made, industrial scale solutions from Kyndryl and its broad and growing partner ecosystem. Its intelligent management tools, powered by automation and AI, will provide technology leaders with real-time insights to prevent downtime and better forecast future needs and costs. “As customers accelerate their digital transformation, Kyndryl’s new digital integration platform can help provide rich data insights, solutions automation, and services delivery expertise,” said Nick Holden, Vice President, Cisco Global Strategic Partners and Co-sell. “Kyndryl Bridge is a big step forward to enable Kyndryl and Cisco to deliver business outcomes that our joint customers are demanding.” For customers, the platform maximizes the benefits of native multi-cloud capabilities and delivers an ‘as-a-service’ (aaS) operating environment. It is designed to be a strategic digital hub, that will continue to expand and grow over time, connecting Kyndryl’s advanced technology and tooling with a deep bench of industry expertise and forward-thinking innovators across virtually every sector of the global economy. About Kyndryl Kyndryl is the world’s largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The Company designs, builds, manages, and modernizes the complex, mission-critical information systems that the world depends on every day.

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HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE

NTT Unveils Sustainability as a Service to Help Organizations Achieve Net-Zero Goals

NTT Ltd. | September 29, 2022

NTT Ltd., a leading global IT infrastructure and services company, today announced its full-stack Net-Zero Action offering at Mobile World Congress 2022 (MWC) in Las Vegas, Nevada. This climate-focused solution leverages NTT’s vast infrastructure and services capabilities to help clients reduce the environmental impact of business activities. Climate initiatives are top of mind as organizations work to increase sustainability initiatives that will help them achieve net-zero goals and make data-driven decisions to reduce their carbon footprint. This innovative offering will help customers achieve better economic performance through enhanced climate action including measuring, monitoring, and reporting impact, proactively working to limit climate incidents, and improving response times when detecting issues. “We are very excited to launch the industry’s first full-stack Sustainability as a Service offering at a time when industries are looking for effective ways to make good on their commitments to achieving net-zero goals. “Today’s news reinforces NTT’s commitment to helping organizations proactively limit climate incidents, respond in real-time with automated resolutions, and accurately measure their environmental impact in communications with regulators, employees and other stakeholders.” Devin Yaung, Group Senior Vice President of Enterprise IoT Products and Services at NTT Ltd Organizations are increasingly being held accountable for achieving net-zero goals to meet the expectations of their stakeholders, including clients, shareholders, institutional investors, employees, business partners, and communities. In a recent survey, 58% of Fortune 500 companies aim to reduce greenhouse gas emissions and achieve net-zero goals by 2050 or sooner. Those that commit to these goals are often faced with the additional challenges of being under-resourced and underfunded or are unable to consistently capture accurate data fit for purpose. Additionally, McKinsey has estimated that it will take $9.2 trillion of aggregated annual capital expense to achieve 2050 goals. In response to this challenge, NTT has announced the industry’s first full-stack Sustainability as a Service architecture combining extensible technologies leveraging NTT’s solution building blocks including IoT, Private 5G, Edge Compute, NTT Smart Solutions Platform, Digital Twins and Machine Learning products. The full-stack offering along with its consulting service is designed to be customized depending on net-zero goals, the organization and the supply chain’s carbon-producing footprint. It will help organizations build a comprehensive picture of the status of climate goals by streamlining the monitoring, measurement, and reporting of emissions. It will also speed up incident response times to get to the root cause of an issue. All of this is applicable to industries such as manufacturing, transportation and logistics, and healthcare providers. The full-stack sustainability offering includes: Remote Environmental Monitoring: Using NTT’s IoT for sustainability solution, this technology uses sensors to identify the presence of pollutants in the air, water, and plants across the globe, in real-time. In manufacturing, this can assist with measuring processes and products that consume energy. In the transportation industry, this can monitor greenhouse gas emissions more effectively for fleet management. Digital Twin and Smart Solution: This solution uses a combination of NTT Smart Solutions and Digital Twin capabilities which act as the “brain” of the system. This will help organizations to predict issues with the built-in Machine Learning technology, respond to incidents faster with context from Digital Twin and measure the carbon footprint at a granular, actionable level, in real-time. Automation and Orchestration: Leveraging the existing A&O, the Digital Twin automates problem resolution where possible or creates a ticket for support personnel to investigate and address the issue and thus limit greenhouse impact. “As a global leader in tire and rubber manufacturing, we believe that growth, innovation and sustainability go hand in hand,” said Nizar Trigui, chief technology officer and group president, Bridgestone America. “Having real-time visibility into carbon footprint and progress towards net-zero ambitions is an essential foundation of our growth and innovation agenda.” As a premier Industry City 5G Showcase Sponsor at MWC, NTT is excited to bring to life cutting-edge technologies that reimagine the possibilities of a connected future. To learn more about NTT’s Edge Compute, Private 5G and IoT capabilities, visit their exhibit at Booth # W1 410, September 28-30; or attend the panel, Green Networks: Countdown to Zero, where Devin Yaung will discuss how organizations are transforming processes, using sustainable data centers, virtualization, AI, intelligent optimization and cloud to enable green networks. See contact details below. About NTT Ltd. NTT Ltd. is a leading IT infrastructure and services company. With revenues of over USD 10 billion, we operate in more than 200 countries and regions, and serve 5,000 clients across multiple industries. Through technology and innovation, we deliver a secure and connected future that empowers our people, clients and communities. We lay the foundation for organizations’ edge-to-cloud networking ecosystem, simplify the complexity of their workloads across multicloud environments, and innovate at the edge of their IT environments, where networks, cloud and applications converge. We offer tailored infrastructure and ensure consistent best practices in design and operations across all of our secure, scalable and customizable data centers. On the journey towards a software-defined future, we support organizations with platform-delivered infrastructure services. As part of the global NTT Corporation, we serve 65% of the Fortune Global 500 and 80% of the Fortune Global 100. We enable a connected future.

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