HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE
DZS | October 31, 2022
DZS , a global leader in access and optical edge infrastructure and cloud software solutions, today announced that the company won the 2022 Excellence Award from Cloud Computing Magazine for DZS Cloud, a DZS software platform that provides end-to-end visibility and orchestration, automation, network assurance and WiFi analytics for amazing subscriber experience and extraordinary operational agility. Cloud Computing Magazine, a subsidiary of TMC, awarded this honor to companies who most effectively leveraged cloud computing in their efforts to bring new, differentiated services and solutions to market.
“We continue to see remarkable progress and innovation in the cloud computing industry within the past twelve months, making this a very competitive process. It’s our pleasure to recognize such impressive contributions that have been proven to resonate in the cloud marketplace.”
Rich Tehrani, CEO of TMC
“Our DZS Cloud platform leverages the latest in AI, analytics and machine learning capabilities to deliver our service provider customers advanced automation along with the ability to refine network operations and service assurance, while simplifying the deployment of new services across multi-vendor networks," said Rene Tio, VP of Cloud Solutions for DZS. “As more service providers embrace openness, DZS Cloud becomes a powerful strategic asset, allowing them to unify services across their diverse access and transport vendor environment and accelerate their on-boarding and IT (OSS/BSS) integration cycles from months to weeks, significantly reducing integration costs. TMC is a stalwart in the telecommunications industry – so we are extremely proud for our DZS Cloud platform to be recognized for the innovation it is delivering in this prestigious category."
DZS Cloud is being recognized industry-wide for its simple, effortless and efficient design, massive cost-saving ability, and the quality-of-experience it offers. We believe it is the only orchestration and experience management platform purpose-built to manage services across access, mobile and NFV domains.
Typical DZS Cloud deployments by service providers have unlocked the following expected benefits:
3 to 4-fold improvement in the speed of delivery of new features and services onboarding
Reduce new vendor application provision from 90 days to 3 days
25-35% improvement in network quality-of-experience
30-50% fewer customer service calls and 5-12% reduction in repeat calls
Reduced truck dispatches by 44%
5-fold reduction in repeated truck rolls
50% increase in remote issue resolution
80% reduction in number of subscribers experiencing interference
Reduced subscriber coverage issues by 70%
15-20% improvement in customer retention
When integrated with the three DZS broadband portfolio pillars of Access EDGE, Optical EDGE, and Subscriber EDGE, DZS Cloud produces significant cost savings for service providers, provides complete WiFi connectivity and control for subscribers, and ultimately unlocks the door to transforming today’s service provider into tomorrow’s experience provider.
Further, by expanding the DZS Cloud software suite with Expresse and CloudCheck, DZS strategically rounded out its existing DZS Cloud service orchestration and network automation offerings, distinguishing DZS Cloud as one of the industry’s most comprehensive service and consumer-experience-management software platforms for multi-vendor service provider network environments.
All DZS solutions are standards-based, have proven interoperability with leading industry vendors, and can be managed and orchestrated easily along-side other third-party solutions.
DZS Inc. is a global leader in access and optical edge infrastructure and cloud edge software solutions.
DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,STORAGE MANAGEMENT
ExteNet Systems, LLC | November 29, 2022
ExteNet Systems, a leading privately held owner of LTE/5G wireless and fiber neutral-host communications infrastructure, today announced it has entered an exclusive agreement with T-Mobile to deploy digital wireless infrastructure in large sports, entertainment, hospitality and transportation venues, as well as to rationalize and decommission T-Mobile's overlapping network assets inherited from its merger with Sprint. The agreement, which expands ExteNet's existing relationship with T-Mobile as a primary wireless carrier in its contracted venues, is expected to deliver best-in-class wireless communications in commercial sites, creating unparalleled experiences for guests and users.
Under the terms of the agreement, ExteNet will deploy, own and operate the digital wireless infrastructure for large venues, and every venue contract couples ExteNet's infrastructure deployment with T-Mobile, as the first committed carrier. This represents an industry first in enabling the extension of 5G wireless capabilities and state-of-the-art technology to fans and guests, with deployment timeframes up to two times faster.
"We are thrilled to continue building our relationship with T-Mobile to bring high-quality and cost-effective infrastructure operations to our clients and venue partners. "This collaboration enables a turnkey, win-win road map for T-Mobile's consumer and business clients alike as we bring a revolutionary Un-carrier approach to venue contracting."
Rich Coyle, ExteNet Systems Chief Executive Officer
As part of the expanded partnership, ExteNet will rationalize T-Mobile's small cell framework and upgrade existing infrastructure, implementing a high-quality and cost-effective solution to deliver streamlined, faster and more efficient 5G wireless networks. These enhancements, which will be done without any service interruptions, are expected to provide a superior end-user experience and a competitive advantage for T-Mobile, as well as further elevate ExteNet's reputation for innovative and customer-centric Un-carrier approach to venue contracting.
The rollout of the expanded agreement between ExteNet and T-Mobile, which took effect on October 1, 2022, is already underway. As part of the agreement, T-Mobile will be the first carrier to join the new wireless network ExteNet is deploying in each MGM Resorts property nationwide. In September 2022, ExteNet announced a groundbreaking partnership with MGM Resorts International to bring state-of-the-art distributed wireless networks to 25 MGM properties, consisting of 54 million square feet, more than 43,000 guest rooms, and serving more than 70 million visitors annually.
About ExteNet Systems, LLC
Lisle, IL-based, soon to be Frisco, TX-based, ExteNet Systems, LLC is the leading national provider of converged communications infrastructure and services addressing outdoor, real estate, communities, and enterprise advanced connectivity needs. ExteNet's strategy is customer-centered, and its mission is to provide best-in-class connectivity solutions, including fiber and mobility, for its customers. Major investors in ExteNet Systems include Digital Bridge (NYSE: BDRG), John Hancock Life Insurance Company (U.S.A.), and Stonepeak Infrastructure Partners. "ExteNet®" is a registered trademark of ExteNet Systems, LLC.
HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE
Zesty | September 14, 2022
Zesty, a pioneer in dynamic cloud infrastructure solutions, today announced a $75 million Series B funding round led by B Capital and Series A investor Sapphire Ventures. Previous investors Next47 and S-Capital also participated in the round. Zesty has raised $116 million in total since its founding in 2019. Zesty's customer base has grown by 127% from 2021 to 2022 and the company has tripled its revenue since its Series A last year.
The static nature of cloud infrastructure today encumbers DevOps with the burdensome task of managing cloud resources in a constantly shifting business environment. DevOps teams burn countless hours trying to make predictions and manual adjustments to ensure their infrastructure efficiently meets application demand. Budgets are further strained as cloud infrastructure spend is expected to hit over $90 billion in 2022 – 22% more than in 2021.
Zesty's solutions spearhead the evolutionary transition to dynamic cloud infrastructure by automatically adapting compute and storage to meet real-time business needs. As a result, businesses can finally fulfill the promise of the cloud by gaining the flexibility they need to scale up or down. This allows DevOps teams to significantly reduce cloud costs, maintain optimal app performance, and alleviate the stress of managing static infrastructure. Zesty's solutions require zero human input – so engineers no longer waste time monitoring, measuring, predicting, and adjusting resource allocations, and can instead focus on developing new products and features.
"The cloud has become the foundation for critical functions for countless companies, but more often than not, DevOps teams are stuck with static infrastructure, like discount program commitments or allocated storage volumes that waste time and money. "This situation is no longer tenable in today's volatile economic environment, or any environment for that matter. DevOps teams shouldn't be wasting their time babysitting the cloud. That's why we're excited to help companies save significant resources, both financial and human. This investment will help us grow our team and further develop our products to meet the exploding demand for greater cloud flexibility."
Maxim Melamedov, CEO and co-founder of Zesty
Zesty's suite of products are designed with DevOps teams in mind, providing the first automated solutions for resource optimization tasks that are traditionally manual and labor intensive.
Their customer base includes hundreds of international companies – including Heap, Gong, Yotpo, Monday, and Wiz.
"Despite its enormous value and scalability, the cloud still lacks flexibility and that's holding DevOps back," said Rashmi Gopinath, General Partner at B Capital. "Teams are forced to make impossible predictions regarding future infrastructure needs, which leads to wasted money and is a huge drag on DevOps productivity. Dynamic cloud infrastructure is the game-changer so many businesses have been waiting for, and we're excited to be part of this cloud revolution."
"Cloud computing continues to hold huge potential and promise for companies of all sizes and at all stages of the cloud adoption journey," said Casber Wang, Partner at Sapphire Ventures and Zesty board member. "But that promise comes at a high associated cost: management intricacy, cloud waste, margin erosion, imprecise budgeting, and much more. Cloud needs have always been dynamic, and with Zesty's differentiated optimization platform, companies can now see the ROI and stop making such a trade-off, programmatically."
Zesty helps organizations adapt to changing business needs by making their cloud infrastructure more dynamic. With offerings for compute, block storage, and Kubernetes, Zesty automatically scales resources to meet application demands in real-time. This helps DevOps teams to slash cloud costs, maintain perfect app performance, minimize the hassle of managing infra and fully realize the true flexibility of the cloud.