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.
APPLICATION INFRASTRUCTURE, IT SYSTEMS MANAGEMENT
Equinix | September 21, 2022
Continuing its efforts to advance the sustainability of digital infrastructure and reach its climate neutral targets, aligned to science-based targets, by 2030, Equinix, Inc. today announced a partnership with the Centre for Energy Research & Technology (CERT) under the National University of Singapore's (NUS) College of Design and Engineering to explore technologies that enable the use of hydrogen as a green fuel source for mission-critical data center infrastructure.
Together, Equinix and CERT will launch the world's first research project to compare the efficiency of proton-exchange membrane (PEM) fuel cells and fuel-flexible linear generator technologies. PEM fuel cells are a leading contender for hydrogen energy, while fuel-flexible linear generators enable operators to easily switch between various clean fuel options including hydrogen, biogas and various renewable liquid fuels. Adoption of these technologies may allow data centers to reduce carbon emissions while meeting the rising demand for data, colocation and interconnection services.
The research collaboration between Equinix and CERT will involve a holistic assessment of the suitability of these technologies for tropical data centers, considering local climatic conditions, site constraints, power demand, supply chain, fuel storage capabilities as well as local regulatory policies.
This research initiative comes under a Memorandum of Understanding (MOU) signed earlier this year between the two partners. Under the MOU, CERT will conduct a comprehensive analysis of technologies identified in collaboration with Equinix, to determine the operational viability of the technologies at scale. Based on the results of the research, Equinix expects to develop proof-of-concept projects within its global network of data centers for real-world testing and to support incorporation into future data center designs. By driving innovation in Singapore, the Equinix and CERT partnership aims to accelerate disruptive technologies that can reduce the carbon footprint of global data centers, particularly in tropical locations.
This partnership forms part of Equinix's Future First strategy that underscores the company's commitment to greening the digital economy. Green hydrogen has been identified as a viable source of sustainable energy for data centers. However, hydrogen generation on an industrial scale remains several years away from being commercially viable, making it imperative to assess and adopt alternatives even as global research and development continues.
"Data centers serve as the conduit powering the digital economy, and greening their operations can drive the rise of sustainable business throughout the broader economic landscape. Working with like-minded partners like the Centre for Energy Research & Technology at NUS empowers us with the combined experience and expertise to advance the growth of digital economies in line with environmental obligations, benefiting the data center industry, global economies, and the planet."
Yee May Leong, Managing Director, South Asia, Equinix
Associate Professor Lee Poh Seng, Director, Centre for Energy Research and Technology, NUS College of Design and Engineering
"Sustainability is a key pillar of the global economy. To complement the efforts made by the public sector, timely progress also requires collaboration with stakeholders in the private sector and academia. We are keen to work with industry partners like Equinix, which is known for its sustainability efforts and provides us access to a global network of data centers that can serve as a testbed for a more accurate assessment of operational viability. Through this partnership, we look forward to playing a driving role for green data center innovations that can be applied in Singapore and globally."
Reaffirming Equinix's commitment to creating a more sustainable future for the environment, the company has been recognized with a host of sustainability awards across the Asia-Pacific region. In 2022, Equinix was named Asia's Green Company of the Year at the Asia Corporate Excellence & Sustainability Awards, the Singapore Data Centre Services Company of the Year by Frost & Sullivan, and received the Green Innovation Award under the MNC Category at the 2022 Singapore Environmental Achievement Awards.
Highlights / Key Facts:
Under this partnership, Equinix and NUS CERT will be conducting a comprehensive analysis to compare two clean on-site power generation technologies for data centers of the future. These technologies include:
PEM fuel cells are becoming increasingly popular due to their ability to generate power with hydrogen and oxygen. Some designs can also run the process in reverse to produce pure hydrogen for future use with just water and electricity.
Fuel-flexible linear generators offer the ability to switch between fuels like hydrogen, biogas and various renewable liquid fuels, enabling the installation of infrastructure that can be easily adapted to evolving market developments, empowering organizations with enhanced agility.
Equinix was the first in the data center industry to commit to becoming climate neutral, aligned to approved science-based targets, for emissions reduction across global operations and supply chain by 2030. In addition, Equinix continues to evaluate for on-site solar opportunities, onsite generation from fuel cells, and any other distributed low-carbon technology that fits with its overall strategy.
Equinix's renewable energy coverage has been over 90% since 2018. In 2021, the company achieved 95% renewable energy coverage. Year-over-year, Equinix has increased our procurement of renewables by 16% on a GWh-basis.
Earlier this year, Equinix announced the opening of its first Co-Innovation Facility (CIF), located in its DC15 International Business Exchange™ (IBX®) data center at the Equinix Ashburn Campus in the Washington, D.C. area. The CIF is a component of its Data Center of the Future Initiative and is a new capability that enables innovative partners to work with Equinix on trialing and developing methodologies that may be used to help define the future of digital infrastructure and services.
Equinix is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
APPLICATION INFRASTRUCTURE, STORAGE MANAGEMENT, DATA STORAGE
ReadyWorks | October 12, 2022
ReadyWorks, a digital platform conductor (DPC) provider, today announced a partnership with Unisys Corporation (NYSE: UIS) through which the companies will deliver digital workplace solutions along with cloud, applications and infrastructure solutions.
Unisys brings its deep expertise in delivering digital workplace solutions and hybrid and multi-cloud solutions to the partnership, providing a holistic and efficient cloud experience for organizations. ReadyWorks enhances Unisys' capabilities to:
Deliver cloud migrations faster. ReadyWorks uses intelligent automation to collect, clean, and analyze information and then uses that information to orchestrate and transfer workflows and processes to the cloud. Coupled with Unisys' expertise in cloud, applications and infrastructure solutions, these enhanced capabilities help organizations achieve maximum value while minimizing risk and cost of operational inefficiencies.
Enhance digital workplace experiences. ReadyWorks synthesizes information from the tools and systems used to monitor employee experience, helping companies identify and proactively address potential issues. Unisys and ReadyWorks provide unified endpoint management solutions that improve the end-user experience and enhance productivity while helping companies identify and mitigate potential security threats through every stage of IT asset lifecycle management.
This partnership is aimed to help companies achieve digital transformation goals faster while reducing risk and cost. Unisys uses the ReadyWorks platform to provide an accurate real-time view of organizations' IT estate, automate and orchestrate human and system workflows and improve program transparency with an immediate view of program status.
"The hybrid workplace is here to stay, and in order for businesses to succeed in this digital environment, it is vital that there are options available that reduce the cost and risks associated with this shift. "We look forward to collaborating closely with Unisys and being able to harness the strengths and capabilities of both companies to help organizations meet strategic business objectives."
Paul Deur, ReadyWorks Co-Founder and Co-CEO
"Our partnership with ReadyWorks enables us to deliver capabilities for clients by improving the employee experience to enhance productivity," said Leon Gilbert, senior vice president and general manager, Digital Workplace Solutions, Unisys. "This partnership is an opportunity to continue innovating for our clients in more efficient ways and helping them achieve digital transformation goals faster."
ReadyWorks is a digital platform conductor (DPC), an emerging technology that leverages intelligent automation to reduce the risk and cost of IT infrastructure transformation. ReadyWorks fully orchestrates complex IT infrastructure transformation programs and provides companies with a way to ensure business continuity as these programs are carried out. Unlike legacy infrastructure management tools, which create data silos and introduce risk into IT programs, ReadyWorks serves as a central command and control platform to orchestrate these tools to deliver transformational business outcomes. The platform analyzes information about the entire IT estate – endpoints, users, applications, and all their interdependencies – defines the rules for change, and uses intelligent automation to implement those changes. ReadyWorks provides IT teams with a holistic view of the environment, how future changes will impact that environment, and how and when those changes should be made so that users and business operations are not adversely impacted. For more information, visit www.ReadyWorks.com and follow us on Twitter and LinkedIn.
Unisys is a technology solutions company that delivers successful outcomes for the most demanding organizations. Unisys offerings include digital workplace solutions, cloud, applications and infrastructure solutions, enterprise computing solutions and business process solutions.