Tencent to Invest $70 Billion in 'New Infrastructure'

Tencent | May 26, 2020

Tencent is best-known for its WeChat messaging app and a range of popular games but is aiming to expand into business services as consumer internet growth slows and companies shift number-crunching from their own computers to the cloud. Tencent shares were 2.5% higher following the announcement. Tencent has said while cloud businesses suffered amid the COVID-19 outbreak it expected to see accelerated cloud services and enterprise software adoption from offline industries and public sectors over the longer term. "Expediting the 'new infrastructure' strategy will help further cement virus containment success," Guangming Daily quoted Tong as saying. Tencent Cloud had 18% of China's cloud market in the fourth quarter, trailing Alibaba Group Holding Ltd which commanded 46.4%, according to research firm Canalys.

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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

Zesty Lands $75 Million Series B to Lead the Evolution to Dynamic Cloud 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." About Zesty 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.

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HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE, IT SYSTEMS MANAGEMENT

Imperva Meets Enterprise and Public Sector Data Security Needs for Critical and Sensitive Workloads on Oracle Cloud Infrastructure

Imperva | October 14, 2022

Imperva, Inc., a cybersecurity leader whose mission is to protect data and all paths to it, announces that Imperva is extending its award-winning, hybrid data security platform to Oracle Cloud Infrastructure (OCI) to help customers simplify migration, and automate compliance monitoring of cloud data instances. Imperva Data Security Fabric (DSF) has achieved Powered by Oracle Cloud Expertise status and is now available on Oracle Cloud Marketplace, offering added value to Oracle Cloud customers. Imperva DSF provides unified data-centric security controls across the entire data estate offering scalability and simpler infrastructure. Through a single interface, Imperva Data Security Fabric helps discover and protect sensitive data types, including structured, semi-structured, and unstructured data, as enterprise customers migrate from globally dispersed data centers to Oracle Cloud Infrastructure. In addition, Imperva DSF supports several Oracle Database versions including Oracle Database 19c, and Oracle Database 21c, as well as Oracle Autonomous Transaction Processing (ATP) and Oracle Autonomous Data Warehouse (ADW). Imperva is also a member of Oracle Partner Network (OPN). “The cloud represents a huge opportunity for our partner community," said David Hicks, group vice president, Worldwide ISV Cloud Business Development, Oracle. "Imperva’s commitment to innovation with Oracle Cloud along with knowledgeable execution can help our mutual customers deploy cloud-enabled cybersecurity solutions optimized to meet critical business needs.” “Improving the customer experience is a top business priority driving digital transformation. With customers becoming more attuned to the value of their data and the risks present as a result, organizations need to consider security and data protection as part of this transformation,” said Jennifer Glenn, Research Director for the IDC Security and Trust Group. “For Oracle customers considering moving to Oracle Cloud Infrastructure, Imperva Data Security Fabric can provide visibility and automation across each environment, helping protect critical data at each stage of the migration.” “Imperva and Oracle have collaborated for years, helping mutual customers monitor and secure their sensitive data,” says Dan Neault, SVP and GM, Data Security, Imperva. “We are excited to share that we have extended our platform to customers migrating their data to OCI with Imperva Data Security Fabric, now available in the Oracle Cloud marketplace.” Security complexity has hindered cloud agility The cloud has revolutionized IT, offering organizations a strategic accelerator to rapidly pursue new market initiatives and adapt their operations in the face of new business challenges and opportunities. However, uncertainty about how best to overcome security risks and ensure regulatory compliance has slowed cloud adoption historically. Significant differences between on-premises and cloud database environments have led organizations to try extending traditional database security tools to their cloud environments. Often they encounter unavoidable limitations, from the technical impossibility of installing agents on database as a service (DBaaS) deployments, to the practical limitations of directing all cloud database traffic through a proxy service. This has resulted in organizations using a patchwork of individual tools. This approach raises the likelihood of human error, unnecessarily increasing the risk of a breach or compliance failure. Automation for many data security and regulatory compliance tasks reduces, and in some cases, may eliminate the burden placed on data security teams to manually keep compliance updates, records, and audit trails. Imperva DSF can help save time and reduce the cost of securing data by unifying security tasks including data activity monitoring, sensitive data discovery, classification, compliance, risk analytics, and threat detection. Powered by Oracle Cloud, Imperva DSF provides information security leaders with an approach for enabling security, compliance and governance outcomes. Security teams can benefit by simplifying the protection of the organization’s diverse data ecosystem, with single-pane-of-glass administration, integration with other IT security investments, and broad database coverage. About Powered by Oracle Cloud Expertise Powered by Oracle Cloud Expertise recognizes OPN members with solutions that run on Oracle Cloud. For partners earning the Powered by Oracle Cloud Expertise, this achievement offers customers confidence that the partner's application is supported by the Oracle Cloud Infrastructure SLA, enabling full access and control over their cloud infrastructure services as well as consistent performance. About Imperva Imperva is the comprehensive digital security leader on a mission to help organizations protect their data and all paths to it. Only Imperva protects all digital experiences, from business logic to APIs, microservices, and the data layer, and from vulnerable, legacy environments to cloud-first organizations. Customers around the world trust Imperva to protect their applications, data, and websites from cyber attacks. With an integrated approach combining edge, application security, and data security, Imperva protects companies ranging from cloud-native start-ups to global multi-nationals with hybrid infrastructure. Imperva Threat Research and our global intelligence community keep Imperva ahead of the threat landscape and seamlessly integrate the latest security, privacy, and compliance expertise into our solutions. About Oracle PartnerNetwork Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service.

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