Data Security in the Cloud Best Practices

Data security in the cloud best practices include: understanding and implementing security fundamentals, securing cloud infrastructure along the shared responsibility model, encrypting data in the cloud, and ensuring compliance with applicable regulations. Data security fundamentals often come back to the CIA Triad: data confidentiality, data integrity, and data availability. The shared responsibility model refers to the idea that both a cloud provider and the organization using the cloud are responsible for ensuring the overall security of the organization’s cloud infrastructure, including the data housed there.

Spotlight

TheDataTeam

TheDataTeam is a premier consulting company that provides expert consulting services in the areas of big data and data science. Founded by veterans in the big data and data science worlds, the company's portfolio of services include business strategy, IT roadmap & adoption, solution design, architectural leadership, data-related R&D, training and mentoring.

OTHER ARTICLES
Hyper-Converged Infrastructure, Application Infrastructure

Why are Investments in Network Monitoring Necessary for Businesses?

Article | July 19, 2023

Businesses are depending more and more on information technology to accomplish daily objectives. The viability and profitability of a firm are directly impacted by the necessity of putting the appropriate technological processes in place. The misunderstanding that "the Internet is down" is often associated with poor internet connectivity shows how crucial network maintenance is since troubleshooting should always begin and conclude with a network expert. In actuality, though, that employee will spend time out of their day to "repair the Internet," and the money spent on that time is the result of the company's failure to implement a dependable network monitoring system. The direct financial loss increases with network unreliability. Because expanding wide area network (WAN) infrastructure and cloud networking have now become a significant component of today's enterprise computing, networks have grown much more virtualized and are no longer restricted to either physical location or hardware. While networks themselves are evolving, there is a growing need for IT network management. As organizations modernize their IT infrastructure, they should think about purchasing a network management system for several reasons. Creating More Effective, Less Redundant Systems Every network has to deal with data transfer through significant hubs and the flow of information. In order to avoid slowing down data transfer, not using up more IP addresses in a network scheme than necessary, and avoiding dead loops, networking engineers have had to carefully route networking equipment to end devices over the years. An effective IT management solution can analyze how your network is operating and provide immediate insights into the types of changes you need to make to cut down on redundancy and improve workflow. More productivity and less time spent troubleshooting delayed data transfers result from increased efficiency. Increasing Firewall Defense Given that more apps are being utilized for internal and external massive data transfers, every network must have adequate firewalls and access control setup. In addition to screen sharing and remote desktop services, more companies require team meeting software with live video conferencing choices. Programs with these features can be highly vulnerable to hackers and other vulnerabilities; thus, it's crucial that firewalls stop attackers from utilizing the software to access restricted sections of corporate networks. Your network management tools can set up your firewalls and guarantee that only secure network connections and programs are used in critical parts of your system. The bottom line is that your company network will constantly require security and development, and your underlying network must be quick and dependable to satisfy demands for both workplace productivity and customer experience. Which IT network management system, nevertheless, is best for your company? Effectiveness doesn't require a lot of complexity, and if it works with well-known network providers, there's a good chance the cost will be justified. Rock-solid security will be the most crucial factor, but you should also search for a system that can operate on physical, cloud, and hybrid infrastructure.

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Hyper-Converged Infrastructure, Windows Systems and Network

How Splunk Helps Maintain Cloud Infra?

Article | July 11, 2023

With the regular increase of data in both cloud and organizations, a way to tackle these data and extract valuable insights is highly in demand. Although there are multiple tools available in the market not all of them can provide a complete resolution. Developed in 2003, Slunk has become the ideal tool for numerous businesses across the globe. It is a software platform that is popular for searching, monitoring, analyzing, and visualizing data in real-time. Slunk performs operations such as gathering, interpreting, and coordinating data to create alerts, dashboards, and graphs instantaneously. Why Splunk? 1. Business Flexibility It improves the way people around organizations identify, predict, and solve problems simultaneously. It helps in answering questions for every part of the business, be it DevOps, IT, or Business Development. It offers capabilities to detect, visualize and collaborate anytime. 2. Enhance Digitization Splunk assists businesses in ensuring the success of their digitization with its artificial intelligence and machine learning-based solutions. 3. New Opportunities No matter how much data you have gathered, Splunk will help in scaling according to the data volume. It does that with the ecosystem provided by its partners and services. 4. Data-To-Everything It is a platform that enables businesses to detect, monitor, analyze, and work with both structured and unstructured data regardless of their source and timescale. It allows users to ask any question related to insights and take actions accordingly. 5. Fast & Flexible The time to value can be sped up to two days. Companies can deploy in increasing capacity within two days and retrieve their data as long as 90 days. Moreover, the upgrades and updates are handled by the team for them. 6. Maximize Value The subscribers of Splunk do not have to manage infrastructure and they do not even need one. As a service, it offers scarce and valuable resources as required for better performance. 7. Robust Security Splunk is certified and authorized by ISO 27001 and FedRAMP. They proffer dedicated cloud environments with encryption to the customer for robust security as well. Apart from these major advantages, Splunk also grants incredible GUI, reduces troubleshooting time, real-time dashboard visibility, incorporates AI in data strategy, monitors business metrics, powerful visualization, and search. Some of the crucial features of Splunk include development & testing, faster ROI generation, developing real-time data applications, and real-time architecture stats & reports. Be Ready for Splunk-Based Cloud Infra Maintenance At its core, Splunk is an efficient tool for data aggregation that comes with versatile search functionality. Any business can get started with Splunk depending on certain needs they have for data-set monitoring and management. It allows users to take a highly effective data wealth that is pulled from different sources like websites, apps, or IoT. All that is needed to do is getting started with Splunk-based applications for which you can hire developers with relevant knowledge and experience.

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Hyper-Converged Infrastructure

A Look at Trends in IT infrastructure and Operations for 2022

Article | September 14, 2023

We’re all hoping that 2022 will finally end the unprecedented challenges brought by the global pandemic and things will return to a new normalcy. For IT infrastructure and operations organizations, the rising trends that we are seeing today will likely continue, but there are still a few areas that will need special attention from IT leaders over the next 12 to 18 months. In no particular order, they include: The New Edge Edge computing is now at the forefront. Two primary factors that make it business-critical are the increased prevalence of remote and hybrid workplace models where employees will continue working remotely, either from home or a branch office, resulting in an increased adoption of cloud-based businesses and communications services. With the rising focus on remote and hybrid workplace cultures, Zoom, Microsoft Teams, and Google Meet have continued to expand their solutions and add new features. As people start moving back to office, they are likely to want the same experience they had from home. In a typical enterprise setup, branch office traffic is usually backhauled all the way to the data center. This architecture severely impacts the user experience, so enterprises will have to review their network architectures and come up with a roadmap to accommodate local egress between branch offices and headquarters. That’s where the edge can help, bringing it closer to the workforce. This also brings an opportunity to optimize costs by migrating from some of the expensive multi-protocol label switching (MPLS) or private circuits to relatively low-cost direct internet circuits, which is being addressed by the new secure access service edge (SASE) architecture that is being offered by many established vendors. I anticipate some components of SASE, specifically those related to software-defined wide area network (SD-WAN), local egress, and virtual private network (VPN), will drive a lot of conversation this year. Holistic Cloud Strategy Cloud adoption will continue to grow, and along with software as a service (SaaS), there will be renewed interest in infrastructure as a service (IaaS), albeit for specific workloads. For a medium-to-large-sized enterprise with a substantial development environment, it will still be cost-prohibitive to move everything to the cloud, so any cloud strategy would need to be holistic and forward-looking to maximize its business value. Another pandemic-induced shift is from using virtual machines (VMs) as a consumption unit of compute to containers as a consumption unit of software. For on-premises or private cloud deployment architectures that require sustainable management, organizations will have to orchestrate containers and deploy efficient container security and management tools. Automation Now that cloud adoption, migration, and edge computing architectures are becoming more prevalent, the legacy methods of infrastructure provisioning and management will not be scalable. By increasing infrastructure automation, enterprises can optimize costs and be more flexible and efficient—but only if they are successful at developing new skills. To achieve the goal of “infrastructure as a code” will require a shift in the perspective on infrastructure automation to one that focuses on developing and sustaining skills and roles that improve efficiency and agility across on-premises, cloud, and edge infrastructures. Defining the roles of designers and architects to support automation is essential to ensure that automation works as expected, avoids significant errors, and complements other technologies. AIOps (Artificial Intelligence for IT Operations) Alongside complementing automation trends, the implementation of AIOps to effectively automate IT operations processes such as event correlation, anomaly detection, and causality determination will also be important. AIOps will eliminate the data silos in IT by bringing all types of data under one roof so it can be used to execute machine learning (ML)-based methods to develop insights for responsive enhancements and corrections. AIOps can also help with probable cause analytics by focusing on the most likely source of a problem. The concept of site reliability engineering (SRE) is being increasingly adopted by SaaS providers and will gain importance in enterprise IT environments due to the trends listed above. AIOps is a key component that will enable site reliability engineers (SREs) to respond more quickly—and even proactively—by resolving issues without manual intervention. These focus areas are by no means an exhaustive list. There are a variety of trends that will be more prevalent in specific industry areas, but a common theme in the post-pandemic era is going to be superior delivery of IT services. That’s also at the heart of the Autonomous Digital Enterprise, a forward-focused business framework designed to help companies make technology investments for the future.

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Hyper-Converged Infrastructure, IT Systems Management

How Managed Service Providers Drive Management in HCI

Article | September 14, 2023

Driving excellence in HCI: Unveil the crucial role of managed service providers in deploying and managing Hyper-Converged Infrastructure for optimal performance and efficiency for smooth functioning. Contents 1. Introduction 2. Role of MSPs in Deployment of HCI 3. Role of MSPs in HCI’s Management 4. Key Areas Where MSPs Help Drive Efficient HCI 4.1. Expert Deployment and Configuration 4.2. Proactive Monitoring and Management 4.3. Performance Optimization 4.4. Security and Compliance 4.5. Patch Management and Upgrades 4.6. Scalability and Flexibility 4.7. Cost Optimization 4.8. 24/7 Support and Incident Management 5. Takeaway 1. Introduction Fundamentally, a hyper-converged infrastructure comprises virtual computing, virtual hyperconverged network, and virtual SAB. However, deploying this infrastructure is a complex procedure that requires skill and attention. A managed service provider (MSP) can assist a business in implementing hyper-converged infrastructure. These are service providers that specialize in managing and maintaining hyper-converged infrastructure environments on behalf of businesses. They offer proactive monitoring, maintenance, and troubleshooting services to ensure optimal performance & availability and management excellence in HCI. 2. Role of MSPs in Deployment of HCI Managed service providers play a crucial role in the successful deployment of Hyperconverged Infrastructure. With their expertise and experience, MSPs assist businesses in planning and designing the optimal HCI solution tailored to their needs. They manage the integration of hardware and software components, ensuring compatibility and seamless integration into the existing IT infrastructure. MSPs handle data migration and transition, minimizing downtime and data loss. They also optimize performance by fine-tuning configurations and resource allocations to achieve optimal HCI operation. MSPs prioritize security and compliance, implementing robust measures to protect sensitive data and ensure regulatory compliance. They provide ongoing management and support, monitoring system health, performing maintenance, and addressing issues promptly. MSPs enable scalability and future-proofing, helping businesses scale their HCI environment as needed and ensuring flexibility for future technology advancements and changes in business requirements. Broadly, MSPs bring their specialized knowledge and services to navigate the complexities of HCI deployment, enabling businesses to maximize the benefits of this transformative HCI technology. 3. Role of MSPs in HCI’s Management Managed service providers play a crucial role in the effective management of HCI. MSPs offer a range of services to ensure the optimal performance and security of HCI environments. They proactively monitor and maintain the HCI infrastructure, identifying and addressing issues before they impact operations. MSPs specialize in performance optimization, fine-tuning configurations, and implementing load balancing techniques to maximize efficiency. They prioritize security and compliance by implementing robust measures and assisting with data backup and disaster recovery strategies. MSPs also assist with capacity planning and scalability, ensuring resources are efficiently allocated and businesses can adapt to changing demands. They provide 24/7 support, troubleshooting services, and comprehensive reporting and analytics for HCI management excellence. Additionally, MSPs handle vendor management, simplifying interactions with hardware and software providers. Overall, MSPs enable businesses to effectively manage their HCI environments, ensuring smooth operations, optimal performance, and security. 4. Key Areas Where MSPs Help Drive Efficient HCI Managed Service Providersplay a crucial role in driving deployment and management excellence in Hyperconverged Infrastructure (HCI) environments. HCI combines storage, compute, and networking into a single, software-defined platform, simplifying data center operations. Here's how MSPs contribute to HCI excellence: 1. Expert Deployment and Configuration MSPs possess deep expertise in HCI deployments. They understand the complexities of hardware, software, and networking integration required for optimal HCI implementation. MSPs ensure proper configuration, capacity planning, and performance tuning to maximize HCI efficiency and meet specific business needs. 2. Proactive Monitoring and Management MSPs provide proactive monitoring and management services, continuously monitoring the HCI environment to detect issues and resolve them before they impact performance or availability. They leverage advanced monitoring tools and technologies to monitor resource utilization, network connectivity, and storage performance, ensuring optimal HCI operation. 3. Performance Optimization MSPs specialize in fine-tuning HCI performance. They analyze workloads, assess resource requirements, and optimize configurations to ensure optimal performance and scalability. Through proactive capacity planning and performance optimization techniques, MSPs help businesses extract the maximum value from their HCI investment. 4. Security and Compliance MSPs prioritize security and compliance in HCI environments. They implement robust security measures, such as encryption, access controls, and threat detection systems, to protect critical data and ensure compliance with industry regulations. MSPs also assist businesses in implementing data backup and disaster recovery strategies to safeguard against potential data loss or system failures. 5. Patch Management and Upgrades MSPs handle patch management and upgrades in HCI environments. They ensure that the HCI platform stays up to date with the latest security patches and software updates, minimizing vulnerabilities and ensuring hyperconverged system stability. MSPs coordinate and execute seamless upgrades, minimizing disruptions and maintaining optimal HCI performance. 6. Scalability and Flexibility MSPs help businesses scale and adapt their HCI environments to meet changing demands. They assess growth requirements, optimize resource allocation, and implement expansion strategies to accommodate evolving business needs. MSPs enable businesses to scale their HCI infrastructure seamlessly without compromising performance or availability. 7. Cost Optimization MSPs assist in optimizing costs associated with HCI deployments. They evaluate resource utilization, identify inefficiencies, and implement cost-saving measures, such as workload consolidation and resource allocation optimization. MSPs help businesses achieve maximum return on investment by aligning HCI infrastructure with specific business objectives. 8. 24/7 Support and Incident Management MSPs offer round-the-clock support and incident management for HCI environments. They provide timely resolution of issues, minimizing downtime and ensuring continuous operation. MSPs also offer help desk services, ticket management, and proactive troubleshooting to address any challenges that arise in the HCI environment. 5. Takeaway The future of managed service providers is promising and dynamic. MSPs will continue to enhance their specialized expertise in HCI, offering comprehensive support for businesses' HCI environments. They will expand their services to include end-to-end managed hyperconverged solutions, covering deployment, ongoing management, performance optimization, and security. Automation and orchestration will play a significant role as MSPs leverage these technologies to streamline operations and improve efficiency. MSPs will also focus on strengthening security and compliance measures, integrating HCI with cloud services, and continuously innovating to stay ahead in the HCI landscape. Broadly, MSPs will be vital partners for businesses seeking to maximize the benefits of HCI while ensuring smooth operations and staying competitive in the digital era. MSPs in HCI offer specialized expertise, managed services, automation, AI-driven analytics, enhanced security and compliance, integration with hyper converged cloud services, and continuous innovation. Their services will cover the entire lifecycle of HCI, from deployment to ongoing management and optimization. MSPs will leverage automation and AI technologies to streamline operations, enhance security, and provide proactive monitoring and maintenance. They will assist businesses in integrating HCI with cloud services, ensuring scalability and flexibility. MSPs will continuously innovate to adapt to emerging technologies and industry trends, supporting businesses in harnessing the full potential of HCI and achieving their digital transformation goals.

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Spotlight

TheDataTeam

TheDataTeam is a premier consulting company that provides expert consulting services in the areas of big data and data science. Founded by veterans in the big data and data science worlds, the company's portfolio of services include business strategy, IT roadmap & adoption, solution design, architectural leadership, data-related R&D, training and mentoring.

Related News

Application Infrastructure

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

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IT Systems Management

ICANN ANNOUNCES GRANT PROGRAM TO SPUR INNOVATION

PR Newswire | January 16, 2024

The Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that coordinates the Domain Name System (DNS), announced today the ICANN Grant Program, which will make millions of dollars in funding available to develop projects that support the growth of a single, open and globally interoperable Internet. ICANN is opening an application cycle for the first $10 million in grants in March 2024. Internet connectivity continues to increase worldwide, particularly in developing countries. According to the International Telecommunication Union (ITU), an estimated 5.3 billion of the world's population use the Internet as of 2022, a growth rate of 6.1% over 2021. The Grant Program will support this next phase of global Internet growth by fostering an inclusive and transparent approach to developing stable, secure Internet infrastructure solutions that support the Internet's unique identifier systems. "With the rapid evolution of emerging technologies, businesses and security models, it is critical that the Internet's unique identifier systems continue to evolve," said Sally Costerton, Interim President and CEO, ICANN. "The ICANN Grant Program offers a new avenue to further those efforts by investing in projects that are committed to and support ICANN's vision of a single, open and globally interoperable Internet that fosters inclusion amongst a broad, global community of users." ICANN expects to begin accepting grant applications on 25 March 2024. The application window will remain open until 24 May 2024. A complete list of eligibility criteria can be found at: https://icann.org/grant-program. Once the application window closes, all applications are subject to admissibility and eligibility checks. An Independent Application Assessment Panel will review admissible and eligible applications and the tentative timeline to announce the grantees of the first cycle is in January of 2025. Potential applicants will have several opportunities to learn more about the Call for Proposals and ask ICANN Grant Program staff members questions through question-and-answer webinar sessions in the coming months. For more information on the program, including eligibility and submission requirements, the ICANN Grant Program Applicant Guide is available at https://icann.org/grant-program. About ICANN ICANN's mission is to help ensure a stable, secured and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world.

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Application Infrastructure

Legrand Acquires Data Center, Branch, and Edge Management Infrastructure Market Leader ZPE Systems, Inc.

Legrand | January 15, 2024

Legrand, a global specialist in electrical and digital building infrastructures, including data center solutions, has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure. This includes serial console servers, sensors, and services routers that enable remote access and management of network IT equipment from data centers to the edge. The acquisition brings together ZPE's secure and open management infrastructure and services delivery platform for data center, branch, and edge environments to Legrand's comprehensive data center solutions of overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions. ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division. "ZPE Systems leads the fast growing and profitable data center and edge management infrastructure market. This acquisition allows Legrand to enter a promising new segment whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs," said John Selldorff, President and CEO, Legrand, North and Central America. "Edge computing, AI and operational technology will require more complex data centers and edge infrastructure with intelligent IT needs to be built in disparate remote geographies. This makes remote management and operation a critical requirement. ZPE Systems is well positioned to address this need through high performance automation infrastructure solutions, which are complementary to our current data center offerings." "By joining forces with Legrand, ZPE Systems is advancing our leadership position in management infrastructure and propelling our technology and solutions to further support existing and new market opportunities," said Zimmermann. About Legrand and Legrand, North and Central America Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving lives by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: data centers, connected offerings and energy efficiency programs). Legrand reported sales of €8.0 billion in 2022. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes.

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Application Infrastructure

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

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IT Systems Management

ICANN ANNOUNCES GRANT PROGRAM TO SPUR INNOVATION

PR Newswire | January 16, 2024

The Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that coordinates the Domain Name System (DNS), announced today the ICANN Grant Program, which will make millions of dollars in funding available to develop projects that support the growth of a single, open and globally interoperable Internet. ICANN is opening an application cycle for the first $10 million in grants in March 2024. Internet connectivity continues to increase worldwide, particularly in developing countries. According to the International Telecommunication Union (ITU), an estimated 5.3 billion of the world's population use the Internet as of 2022, a growth rate of 6.1% over 2021. The Grant Program will support this next phase of global Internet growth by fostering an inclusive and transparent approach to developing stable, secure Internet infrastructure solutions that support the Internet's unique identifier systems. "With the rapid evolution of emerging technologies, businesses and security models, it is critical that the Internet's unique identifier systems continue to evolve," said Sally Costerton, Interim President and CEO, ICANN. "The ICANN Grant Program offers a new avenue to further those efforts by investing in projects that are committed to and support ICANN's vision of a single, open and globally interoperable Internet that fosters inclusion amongst a broad, global community of users." ICANN expects to begin accepting grant applications on 25 March 2024. The application window will remain open until 24 May 2024. A complete list of eligibility criteria can be found at: https://icann.org/grant-program. Once the application window closes, all applications are subject to admissibility and eligibility checks. An Independent Application Assessment Panel will review admissible and eligible applications and the tentative timeline to announce the grantees of the first cycle is in January of 2025. Potential applicants will have several opportunities to learn more about the Call for Proposals and ask ICANN Grant Program staff members questions through question-and-answer webinar sessions in the coming months. For more information on the program, including eligibility and submission requirements, the ICANN Grant Program Applicant Guide is available at https://icann.org/grant-program. About ICANN ICANN's mission is to help ensure a stable, secured and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world.

Read More

Application Infrastructure

Legrand Acquires Data Center, Branch, and Edge Management Infrastructure Market Leader ZPE Systems, Inc.

Legrand | January 15, 2024

Legrand, a global specialist in electrical and digital building infrastructures, including data center solutions, has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure. This includes serial console servers, sensors, and services routers that enable remote access and management of network IT equipment from data centers to the edge. The acquisition brings together ZPE's secure and open management infrastructure and services delivery platform for data center, branch, and edge environments to Legrand's comprehensive data center solutions of overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions. ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division. "ZPE Systems leads the fast growing and profitable data center and edge management infrastructure market. This acquisition allows Legrand to enter a promising new segment whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs," said John Selldorff, President and CEO, Legrand, North and Central America. "Edge computing, AI and operational technology will require more complex data centers and edge infrastructure with intelligent IT needs to be built in disparate remote geographies. This makes remote management and operation a critical requirement. ZPE Systems is well positioned to address this need through high performance automation infrastructure solutions, which are complementary to our current data center offerings." "By joining forces with Legrand, ZPE Systems is advancing our leadership position in management infrastructure and propelling our technology and solutions to further support existing and new market opportunities," said Zimmermann. About Legrand and Legrand, North and Central America Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving lives by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: data centers, connected offerings and energy efficiency programs). Legrand reported sales of €8.0 billion in 2022. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes.

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