HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,DATA STORAGE
Amazon Web Services | November 28, 2022
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company , today announced the launch of its second AWS infrastructure Region in India—the AWS Asia Pacific (Hyderabad) Region. Starting today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have greater choice for running their applications and serving end users from data centers located in India. Customers will have access to advanced AWS technologies to drive innovation including data analytics, security, machine learning, and artificial intelligence (AI).
“The launch of the AWS Asia Pacific (Hyderabad) Region supports India’s digital transformation and is part of our long-term investment in the country since opening our first office in 2011. Customers and partners in India will now have additional regional infrastructure to deploy applications with greater resilience, availability, and even lower latency,” said Prasad Kalyanaraman, vice president of Infrastructure Services at AWS. “We are proud to invest in the future of the Indian technology community and workforce, and we are committed to helping organizations across industries increase agility and drive innovation.”
“As a part of Prime Minister Narendra Modi’s $1 trillion digital economy vision, the ‘India cloud’ is set for big expansion and innovation. Data centers are an important element of the digital ecosystem. AWS’s investment in expanding their data centers in India is a welcome development that would help catalyze India’s digital economy,” said Shri Rajeev Chandrashekhar, union minister of state for Electronics and Information Technology and for Skill Development and Entrepreneurship. “The Government of India’s upcoming National Cloud and Data Center Policy envisions a significant increase in India’s cloud computing capacity from the current 565 MW to over 2565 MW in the near future. We look forward to greener and more sustainable data centers to power India’s expanding economy.”
“We welcome AWS’s commitment to invest approximately INR 36,300 crores in the AWS Region in Hyderabad, which strengthens Telangana’s position as a progressive data center hub in India,” said Shri K. T. Rama Rao, minister for Information Technology (IT), Industries and Commerce, Municipal Administration, and Urban Development at the Government of Telangana. “We recognize the power of cloud computing, which is why we have collaborated with AWS to improve e-governance, healthcare, and municipal operations to benefit the citizens of Telangana. We are pleased that the new AWS Region in Hyderabad will spur more innovation and growth for many enterprises, startups, and public sector organizations in India.”
With the launch of the AWS Asia Pacific (Hyderabad) Region, AWS now has 96 Availability Zones across 30 geographic regions, with announced plans to launch 15 more Availability Zones and five more AWS Regions in Australia, Canada, Israel, New Zealand, and Thailand. AWS Regions are composed of Availability Zones that place infrastructure in separate and distinct geographic locations. The AWS Asia Pacific (Hyderabad) Region consists of three Availability Zones and joins the existing AWS Asia Pacific (Mumbai) Region, which opened in June 2016. Availability Zones are located far enough from each other to support customers’ business continuity, and near enough to provide low latency for high availability applications that use multiple Availability Zones. Each Availability Zone has independent power, cooling, and physical security and is connected through redundant, ultra-low latency networks. AWS customers focused on high availability can design their applications to run in multiple Availability Zones to achieve even greater fault tolerance. The launch of the AWS Asia Pacific (Hyderabad) Region will enable local customers with data residency preferences to store data securely in India, while providing customers with even lower latency across the country.
AWS is planning to invest an estimated $4.4 billion (approx. INR 36,300 crores) in India by 2030 through the new AWS Asia Pacific (Hyderabad) Region, which includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and facility costs, and purchases of goods and services from regional businesses. The investment is also estimated to support an average of more than 48,000 full-time jobs annually at external businesses during this time. These jobs will be part of the AWS supply chain in India, including construction, facility maintenance, engineering, telecommunications, and jobs within the country’s broader economy. The construction and operation of the AWS Asia Pacific (Hyderabad) Region is also estimated to add approximately $7.6 billion (approx. INR 63,600 crores) to India’s gross domestic product by 2030.
Customers welcome the AWS Asia Pacific (Hyderabad) Region
Hundreds of thousands of customers in India join millions of active customers using AWS in more than 190 countries around the world. Enterprises in India that choose AWS to speed time to market and innovate include Angel One Limited, Ashok Leyland, Axis Bank, Bajaj Capital, Broadridge, Dr. Reddy’s Laboratories, Edelweiss, HDFC Bank, HDFC Life, RBL Bank, Tata Elxsi, and Titan. Indian public sector customers use AWS to lower costs, become more agile, innovate faster, and better serve the citizens of the region. These customers include 21K School, Centre for Development of Advanced Computing (C-DAC), Common Service Centers, CropIn, Digital India Corporation (MeitY), EnglishHelper, Government of Telangana, Maharashtra State Electricity Distribution Company Limited, NITI Aayog, PhysicsWallah, Prasar Bharati News Services, TraceX, University of Delhi, upGrad, and Whrrl. Indian startups, including Acko General Insurance, Chingari, epiFi, Fibe, INDMoney, Jupiter, Lendingkart, and Loco, are building their businesses on AWS to scale rapidly and expand around the world.
Acko is considered India's first built-for-the-cloud general insurance company. "Since our inception in 2016, we have run our entire platform on AWS, which enables us to scale quickly to serve more than 50 million customers seeking seamless insurance experiences,” said Vishwanath Ramarao, chief technology and product officer at Acko. “We are obsessed with making insurance effortless. The launch of the new AWS Asia Pacific (Hyderabad) Region will enable us to run our applications across multiple highly available data centers in India to provide a seamless experience for customers while supporting our growth ambitions.”
Axis Bank, currently India’s third-largest private sector bank, offers an entire spectrum of financial services to customer segments covering large and mid-size corporations, small and medium enterprises, agriculture, and retail businesses. “With AWS as our primary cloud provider, we have successfully migrated more than 70 applications to the cloud, including digital offerings such as virtual debit card and credit card engagement platforms. We plan to migrate 70% of our on-premises workloads to the cloud in the next two years,” said Avinash Raghavendra, president and chief information officer at Axis Bank. “We welcome the launch of the second AWS Region in India, which will enable us to further expand the availability of our banking applications to customers, while ensuring that their data remains onshore.”
PhysicsWallah is an educational platform in India that provides affordable and comprehensive curricula to middle and high school students, and for national degree entrance exams. “We have collaborated with AWS since 2020 and use services such as Amazon CloudFront, AWS Elemental, and Amazon Redshift to seamlessly and securely deliver our live video classes to more than 6 million students across India,” said Prateek Maheshwari, co-founder at PhysicsWallah. “As user engagement across our app, website, and YouTube channel continues to grow across the country, a second AWS Region in India will enable us to continue to scale and provide even lower latency for students accessing our platform.”
Tata Elxsi is a world-leading provider of design and technology services across several industries, including the automotive, broadcast, and healthcare sectors. Part of the Tata Group, Tata Elxsi has over 12,000 designers, engineers, and technologists working in more than 36 offices worldwide. "At Tata Elxsi, we support our customers in reimagining their products and services by applying design thinking and using innovative technologies. Previously, our on-premises infrastructure curtailed our capabilities to deliver high-performing differentiated consumer experiences and services continuously. We embarked on our digitization journey with AWS and migrated several business-critical processes to the cloud, including our own industry-specific software products, platforms, and R&D projects,” said Nitin Pai, chief strategy officer and chief marketing officer at Tata Elxsi. “AWS's robust cloud infrastructure and affordable services enable us to launch new and innovative solutions, scale based on our clients’ needs, and enable compliance across different jurisdictions. The launch of the second AWS Region in India offers a welcome boost for us to foster greater business resilience.”
India-based AWS Partners also welcome the AWS Asia Pacific (Hyderabad) Region
The AWS Partner Network (APN) includes tens of thousands of independent software vendors (ISVs) and systems integrators (SIs) around the world. AWS Partners build innovative solutions and services on AWS, and the APN helps by providing business, technical, marketing, and go-to-market support to customers. AWS SIs, consulting partners, and ISVs help enterprise and public sector customers migrate to AWS, deploy mission-critical applications, and provide a full range of monitoring, automation, and management services for customers' cloud environments. Examples of India-based AWS Partners include Biz2credit, BlazeClan, BluePi, Capillary, Cloud Kinetics, Darwinbox, Dataevolve Solutions, Deloitte, Gupshup, Hostin, Infosys, Manthan, Minfy Technologies, Powerupcloud, Progressive Infotech, Redington, Tata Consultancy Services, Trigyn Technologies, Umbrella Infocare, and Wipro. For the full list of AWS Partners, visit aws.amazon.com/partners.
Built-in-the-cloud systems integrator Minfy is an AWS Premier Tier Services Partner headquartered in India with offices in Southeast Asia, United States, and Australia. Since 2016, Minfy has helped more than 320 commercial and public sector customers innovate and digitally transform in the cloud. “Minfy works with many companies, state governments, and large public sector organizations in India, including National Skill Development Corporation, Dalmia Bharat, Exidelife, BookMyShow, MapmyIndia, and Tata Trusts, that build and run their service offerings at scale,” said Vikram Manchanda, CEO at Minfy. “As many of our customers manage highly confidential citizen data, we need to meet strict data security and governance requirements when we migrate their workloads to the cloud. The AWS Asia Pacific (Hyderabad) Region will help us confidently meet these requirements while we deliver highly reliable and available solutions that help customers improve the quality of their service delivery for citizens with our deep tech capabilities in healthcare, life sciences, financial services, energy, and sustainability.”
Commitment to sustainability
As part of The Climate Pledge, Amazon is committed to reaching net-zero carbon across its business by 2040 and is on a path to powering its operations with 100% renewable energy by 2025, five years ahead of the original 2030 target. Amazon is the world’s largest corporate purchaser of renewable energy, and as of the end of 2021, reached 85% renewable energy across its business. In September, Amazon announced its first utility-scale renewable energy projects in India—420 megawatts (MW) of combined capacity across three solar farms located in the state of Rajasthan. Once fully operational, these solar projects will have the combined capacity to generate 1,076,000 megawatt hours of renewable energy per year, enough to power more than 360,000 average-sized households in New Delhi annually (based on the average energy consumption per Indian household of 250 kilowatt hours from Statista). Amazon now has 57 renewable energy projects across Asia Pacific.
About Amazon Web Services
For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 96 Availability Zones within 30 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Australia, Canada, Israel, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon.
WINDOWS SERVER OS,WINDOWS SERVER MANAGEMENT,IT SYSTEMS MANAGEMENT
Aligned Data Centers | December 15, 2022
Aligned Data Centers today announced the execution of a definitive agreement to acquire ODATA, a data center service provider offering scalable, reliable, and flexible IT infrastructure in Latin America, from Patria Investments and other selling stakeholders. In connection with the acquisition, Aligned, which is majority owned by funds managed by Macquarie Asset Management, entered into a definitive agreement to receive a structured minority investment in ODATA from funds managed by SDC Capital Partners (“SDC”), an operationally focused digital infrastructure investment firm, with extensive experience developing, owning, and operating hyperscale data centers globally, including in Latin America.
Aligned is a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers. This transaction marks the company’s expansion into Latin America and will position it as one of the largest private data center operators in the Americas with a footprint spanning approximately 2 GW across 30 sites at full buildout.
ODATA is among the fastest growing hyperscale data center platforms in Latin America, with operational facilities strategically located across Brazil, Colombia, Mexico, and Chile, as well as additional data centers currently under development across the region. In addition to alignment on providing scalable, flexible, and ultra-connected IT infrastructure solutions, ODATA’s commitment to a renewable energy strategy and sustainable design practices is consistent with Aligned’s ESG vision. The company is structuring a solution to become a self-producer of renewable energy in Brazil and has a clear path to provide 100% green energy, a key requirement of hyperscale customers.
“The acquisition combines a significant growth runway for expansion and a proven ability to deliver capacity at maximum speed, with regional expertise and partnerships, enhanced fiscal resources, and a resilient supply chain, to deliver a world-class data center platform that meets the demands of our global hyperscale and enterprise customers,” states Andrew Schaap, CEO of Aligned Data Centers. “We’re excited to welcome Ricardo and the ODATA team to the Aligned fold and look forward to fostering our joint commitments to customer centricity and operational excellence as we embark on the next phase of innovation and growth.”
“The ODATA team and I are very excited to be joining Aligned Data Centers,” adds Ricardo Alário, CEO of ODATA. “The strategic merger of the ODATA and Aligned platforms will provide customers with a broader base of both available and expansion capacity in key locations across the Americas, as well as additional breadth of experience and depth of knowledge across an expanded team of infrastructure experts. We look forward to accelerating the growth of our platform with Aligned and setting a successful cultural course focused on customer and staff centricity, innovation, and operational excellence.”
ODATA is an exceptional platform created by Patria Investments seven years ago in the fast-growing data center market. We are proud to see that the Company rapidly evolved from a startup to one of the leading players in the Latin American market, serving the most prominent cloud providers in Brazil, Chile, Colombia, and Mexico,”
Felipe Pinto, Infrastructure Partner at Patria Investments.
The executive also highlights that the acquisition of ODATA by Aligned Data Centers, a leading global player in the technology infrastructure sector, is a recognition of Patria’s ability to develop leading infrastructure platforms across Latin America.
About Aligned Data Centers
Aligned Data Centers is a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability, and their bottom line.
Founded in 2015, ODATA is a data center service provider that offers scalable, reliable, and flexible IT infrastructure in Latin America. Focused on Colocation, ODATA meets the growing demand for power, space, and reliability of organizations from various industries, being fully qualified to offer enterprise/retail solutions (from half rack, whole racks, and cages) to build to suit projects (builds and operates new data centers, for a single client, in the chosen region). ODATA pursues the creation of the most modern and efficient data center network in Latin America.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,DATA STORAGE
Bentley Systems | November 15, 2022
At the 2022 Year in Infrastructure Conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced Bentley Infrastructure Cloud, its combination of enterprise systems that span the end-to-end lifecycle and value chain of the world’s infrastructure. Powered by the iTwin Platform and Bentley’s infrastructure schemas and thus seamlessly integrating with Bentley’s engineering applications, Bentley Infrastructure Cloud will enable better creation, delivery, and ongoing operation of better infrastructure, through complete and evergreen digital twins.
Bentley Infrastructure Cloud encompasses ProjectWise, for project delivery; SYNCHRO, for construction; and AssetWise, for asset operations. These enterprise systems now leverage digital twin technologies, powered by iTwin, to open up data contained in engineering files through automated and intrinsic mapping to Bentley’s infrastructure schemas. By advancing these enterprise systems to become fundamentally data-centric without disrupting file-based workflows, Bentley Infrastructure Cloud provides user organizations with significant opportunities to improve collaboration, productivity, and quality.
Bentley’s infrastructure schemas are both open and extensible, and now link to reality modeling and IoT devices, and incorporate carbon calculation and subsurface data. The rich data representation of Bentley’s infrastructure schemas serves well the export of Industry Foundation Classes. The ability to share data seamlessly and to enrich it throughout the lifecycle helps engineering firms and owner-operators create and derive more value from their engineering data.
The potential for a unifying, cloud-based solution across the lifecycle of infrastructure engineering arises from the institutionalized limitations of fragmented information flows that have impeded connections, feedback, analytics, reuse, and knowledge transfer. Bentley Infrastructure Cloud comprises a data-centric, always on, always current, always accessible federated environment that persists and relates engineering data throughout the span of design, construction, and operations. Information mobility and semantic continuity across traditional boundaries through Bentley Infrastructure Cloud will help accelerate, among other advancements, modular design and design for constructability, and performance-based design.
Bentley’s Senior Vice President of Enterprise Systems Ken Adamson said, “Bentley Infrastructure Cloud stands for our commitment to connect everyone and everything in the infrastructure engineering value chain and extended project ecosystems. Infrastructure professionals deserve an evergreen digital twin environment for data that they can trust and act upon. I believe Bentley Systems is uniquely positioned to fulfill this requirement by virtue of the combined comprehensiveness of our ProjectWise, SYNCHRO, and AssetWise enterprise systems, our software’s intrinsic engineering fidelity, and our commitment to openness – including our unique resolve to semantically integrate the full range of relevant engineering file formats. The iTwin Platform, in becoming the robust foundation for unifying all of our software development, has been proven equal to this challenge.”
ProjectWise, Powered by iTwin
Bentley Systems also unveiled major enhancements to ProjectWise to extend its scope from work-in-progress engineering to full digital delivery. By supplementing each project’s sequential file-based workflows with data-centric information mobility and analytics across all projects:
through new project portfolio and program management capabilities, ProjectWise users can now apply analytics at the level of engineering fidelity across all projects, learn from and reuse rich project data, and retain knowledge to enhance the quality and efficiency of future projects; and
through new digital twin capabilities, ProjectWise users can undertake interdisciplinary design reviews and advanced design validation to improve the effectiveness and quality of their designs, and also increase the richness of their digital deliverables for construction and operations, to position their businesses for transformational digital services beyond handover.
Powered by iTwin:
ProjectWise leverages iTwin Capture to integrate reality modeling data, increasingly the norm, to capture and monitor the digital context of designs, geospatially coordinated with engineering data;
ProjectWise leverages Bentley’s infrastructure schemas to semantically align design-file data across multiple disciplines for comprehensive design reviews, and across all projects to understand dependencies, and to reuse datasets, including for machine-learning to develop proprietary analytics;
ProjectWise will leverage iTwin Experience to offer immersive visibility into project digital twins, assuring quality and improving performance;
ProjectWise 4D Design Review, powered by iTwin, enables users to securely share large, complex models with their entire project ecosystem, regardless of authoring applications. Reviewers can perform virtual walk-throughs, query model information, and analyze embedded property data using a simple web browser. A streamlined interface makes interdisciplinary review of 2D and 3D models easier and more accessible, and enables reviewers to see who changed what and when, through 4D visualization;
Advanced Design Validation, powered by iTwin, includes 3D digital workflows, integration with Bentley’s OpenRoads and third-party applications, and AI/ML enhanced visualization, enabling simulation of the driver experience to validate designs and assure requirements are met;
ProjectWise Components Center, a cloud-based digital component management and library service with direct integration to engineering applications, drives standardization, automation, and reuse of design objects to deliver projects faster and more reliably. Engineering firms can now leverage data from one design to another, capture lessons learned, create reusable components, and truly industrialize their project delivery expertise; and
Digital Delivery capabilities leverage digital workflows to automate and manage the creation, exchange, and review of contractual deliverables including PDFs and Industry Foundation Classes, as well as digital twins. ProjectWise users can avoid wasting time manually assembling and sending packages, reduce risk by gaining visibility and traceability in deliverables workflows, and by automatically maintaining a comprehensive audit trail.
Powered by iTwin within Bentley Infrastructure Cloud, ProjectWise for digital delivery enhances engineering firms’ opportunities while minimizing their risks, improving project performance and quality assurance. Infrastructure digital twins created in the design phase can be valuable to owner-operators as incremental project deliverables, including engineering firms’ recurring services as “digital integrators” for data quality and security, proprietary analytics, and monitoring.
Lori Hufford, vice president, engineering collaboration for Bentley Systems, commented: “Engineering firms today face unprecedented challenges to deliver more and better projects despite scarcer talent, a retiring workforce, and loss of institutional knowledge. By leveraging the iTwin Platform, we are now able to advance ProjectWise beyond engineering work-in-progress for one project at a time, to be used across all projects to maximize insights, learnings, and reuse, and for machine learning. ProjectWise users already have a wealth of project experience incorporated in their ProjectWise archives. Now as part of Bentley Infrastructure Cloud, ProjectWise can drive a necessary step-change in the efficiency, effectiveness, and transformation of engineering firms.”
AssetWise, Asset Health Monitoring Solutions, Powered by iTwin
Finally, Bentley also announced the availability of new asset-specific solutions, powered by iTwin, that leverage iTwin Experience, iTwin Capture, and iTwin IoT to deliver real-time asset health monitoring.
AssetWise Bridge Monitoring solution transforms traditional bridge inspections into a modern, digital workflow. By flying drones and using iTwin Capture to create a 3D digital twin of the bridge, inspections can be conducted virtually, avoiding costly and hazardous field trips, while tapping into expertise remotely and leveraging AI/ML to automatically identify and classify defects. Information is made available to stakeholders across the workflow via iTwin Experience. Inspection data required to correct issues can be seamlessly handed over to maintenance, design, and construction to create substantial savings.
AssetWise Dam Monitoring solution is purpose-built for engineering firms to offer digital services to dam operators who are modernizing their dam safety programs to reduce risk and address growing regulatory requirements. The upcoming solution will provide unified access to sensor data and will be able to be deployed without the need for specialized technicians. Users can incorporate sensor data in any digital twin for a contextual view of real-time data and associated metrics.
Cory Baldwin, vice president, infrastructure IoT for Bentley Systems, said, “We want to enable engineering firms to become digital integrators for the infrastructure digital twins they create in the project delivery phase, and to curate performance digital twins for owner-operators. To accelerate these opportunities, engineering firms can now start quickly with iTwin Capture, iTwin Experience, iTwin IoT, and our AssetWise monitoring cloud solutions, ready to add their own branded proprietary and asset-specific analytics and service programs.”
AssetWise Bridge Monitoring and Dam Monitoring solutions are in early access.
Bentley Infrastructure Cloud Availability
Bentley’s Chief Product Officer Michael Campbell concluded, “We are working closely with engineering firms and asset owners and clearly understand that they want innovation without disruption. With Bentley Infrastructure Cloud, users of ProjectWise, SYNCHRO, and AssetWise accelerate their generational advancement to digital twins, but don’t jeopardize their existing workflows for engineering collaboration, construction, and asset performance management. Best of all, their existing project and asset files are the springboard to their data-centric future.”
About Bentley Systems
Bentley Systems is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE
Luxcore | November 14, 2022
Luxcore emerges from stealth mode to announce and debut its latest innovation disruption, merging Internet, cloud, and blockchain technologies. On Tuesday, November 15th, 2022, Luxcore will host a global launch event, announcing its newest product and service offering for current and potential investors and members of the press. The company will reveal its decentralized cloud infrastructure (DCI) platform that leverages its long-time expertise in optical systems, chip design, and distributed, network-based, multi-level secure operating systems.
"Luxcore's decentralized cloud platform is designed to be the first cloud computing platform based on micro clouds and distributed ledger technology ("DLT"), also known today as blockchain. "Today, we are the first decentralized cloud infrastructure provider with the ability to provide managed, hosted blockchain services with cross-blockchain integration, uniquely positioning us to offer "Blockchain-as-a-Service" with an unparallel emphasis on speed and security. Ultimately, our vision is to be the "Architects of the Next Internet." And this announcement is the second major step in our journey.
Gerald Ramdeen, CEO of Luxcore
Luxcore plans to vertically integrate the entire hardware and software stack, from the network layer up through the software layer, onto a single chip that can be deployed globally wherever 5G and 6G mobile infrastructure is deployed. In addition, at the event, Luxcore will be announcing a new major strategic partnership with a Fortune 500 company, one of the industry's most respected technology service providers in cloud and blockchain technologies. This strategic partnership will allow both companies to provide secure mass data storage and transit on our Decentralized Cloud Infrastructure ("DCI") platform together as we build the next Internet for the future of finance, commerce, and mobility.
Ramdeen will unveil the DCI and "Blockchain-as-a-Service," their growth potentials, and revenue projections. This new first-of-its-kind partnership could generate $20-50 million in revenue per year beginning next year in 2023. Also, at the event, Ramdeen will be announcing Luxcore's return to the private institutional capital markets to secure institutional capital to fuel the company's expected growth.
Ultimately, our vision to be the "Architects of the Next Internet" will undoubtedly be fulfilled by our ability to integrate the entire hardware and software stack vertically. From the network layer up through the software layer onto a single chip, can now be deployed globally wherever 5G and 6G mobile infrastructure is deployed, resulting in significantly lower infrastructure costs and energy savings.