Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Digitonic is setting new standards in Investor Relations (IR) whilst extending invitations to Canadian companies for its forthcoming trade mission.

Digitonic Ltd

Digitonic, a leading OTC Markets Investor Relations Premium Provider, is pleased to announce its upcoming trade mission to Canada. From June 26th to July 1st 2023, the accomplished Digitonic team will be visiting Toronto, Ontario and Vancouver, British Columbia offering Canadian companies the opportunity to experience the highest standards in compliant investor relations. With a significant investment of over $1,400,000 from Beach Point Capital, Digitonic is well-positioned for its latest round of innovation. This substantial funding will propel Digitonic to become the preferred partner for North American publicly listed companies seeking to engage retail investors and achieve exceptional shareholder goals. In 2022, Digitonic made a number of strategic choices by carefully evaluating the market conditions. Recognizing that the financial markets and news flow were not optimal, the company opted to forego onboarding new clients whilst rejecting multiple six-figure campaign deals. Instead, Digitonic focused on expanding its marketing channels and services, ensuring they were ready for the opportune moment when market conditions improved. This measured approach not only protected the company's esteemed brand and reputation but also laid the foundation for a new era of IR excellence. Digitonic's commitment to delivering exceptional value was evident when the company turned down lucrative acquisition offers from rival IR firms in 2022. This included rejecting proposals to acquire the highly regarded ValueTheMarkets.com website, known for its comprehensive financial news, in-depth analysis, and investing insights tailored to retail investors. While Digitonic's expertise extends beyond newsletter writing and digital marketing, it is worth noting the remarkable success of ValueTheMarkets. The website has amassed a dedicated following of over 101,000 subscribers to the company's free weekly newsletter, Investing Intel. Investing Intel provides subscribers with valuable market insights, analysis, breaking news, and exclusive under-the-radar investing signals every Monday. Additionally, it offers in-depth company deep dives twice a month. To access this invaluable resource, subscribe at https://investingintel.valuethemarkets.com. Building on recent campaign successes, the Digitonic team eagerly anticipates their visit to Canada. They will connect with existing clients, explore new prospects, and engage with industry partners across two Canadian provinces. Grant Fraser, CEO of Digitonic said, "I am thrilled to showcase Digitonic's new suite of IR services to clients, prospects, and suppliers during our highly anticipated Canadian trade mission in June. We warmly embrace the opportunity to meet with companies seeking unparalleled IR support. Our investor outreach programs, fuelled by robust news flow, have yielded exceptionally positive outcomes. The suite of services we will demonstrate includes ground-breaking content syndication techniques, state-of-the-art video AI-integrated press release initiatives, and an array of innovative strategies to maximize exposure for our clients' IR stories." Through relentless effort and innovative initiatives, the Digitonic team has transformed the way publicly listed companies engage with shareholders and retail investors. Their pioneering solutions have consistently propelled companies' market presence in the right direction. By carefully evaluating opportunities and turning down new client engagements during periods of weaker market conditions, Digitonic has established itself as an industry leader. As a result, the company is now actively evaluating potential acquisition opportunities, solidifying its reputation as a trusted partner for all good publicly listed companies. To schedule a meeting with the Digitonic team during their trade mission to Canada, visit https://mag.digitonic.app/E8tnTR. About Digitonic Digitonic is a UK-based technology-driven Investor Relations (“IR”) marketing company passionate about encouraging smart investing. The Company has an enviable reputation in North America as the most trusted partner for IR marketing, built on solid foundations of compliance, technical innovation, and a ruthless focus on results. Digitonic specialize in helping publicly-listed companies achieve and surpass their shareholder goals in a manner that protects brand and shareholder reputation. It provides a range of IR marketing services that combine high-quality, engaging content, pioneering technology, and industry best practices to raise awareness and drive investment into a company. The Company’s services include two different types of engagement: always-on marketing and campaigns. Always-on marketing promotes investor acquisition, engagement, and retention at any time of the year, while campaigns drive short-burst activity and generate an immediate impact around great news flow. Digitonic owns ValueTheMarkets.com and is a Premium Provider to the OTC Markets. Contact Details Grant Fraser +447967302780 grant@digitonic.com Company Website www.digitonic.com About Beach Point Capital Beach Point Capital is a multi-strategy investment manager making credit, private equity, real estate and structured product investments. As of December 31, 2022, Beach Point Capital manages $14.5 billion in AUM on behalf of sophisticated global institutional investors. The firm employs a flexible, value-oriented, and risk-controlled approach and focuses on complex and less followed opportunities. Headquartered in Santa Monica, CA, the firm also has offices in New York, London, and Dublin. Company Website www.beachpointcapital.com Contact Details Grant Fraser +44 7967 302780 grant@digitonic.com Company Website https://www.digitonic.com/

June 23, 2023 06:33 AM Eastern Daylight Time

Video

Unmarshal Sakhi: “Your AI Buddy for Navigating the Complexities of Blockchain Space”

Unmarshal

Unmarshal, a leading Multi-chain Web 3.0 data network, is making waves in the blockchain industry with its latest innovation, Unmarshal Sakhi. This groundbreaking AI-powered chatbot revolutionizes the way users interact with the blockchain, offering a seamless and user-friendly experience. Unmarshal Sakhi acts as " Your AI Buddy for Navigating the Complexities of Blockchain Space, " empowering users to access and interact with blockchain data effortlessly. Leveraging the power of Artificial Intelligence (AI) and Natural Language Processing (NLP), Sakhi assists in intelligent, automated data discovery, eliminating the complexities of blockchain navigation. The integration of AI, Machine Learning (ML), and NLP in the Web3 space has opened new possibilities for personalized experiences, enhanced data security, and improved human-computer interaction. Unmarshal Sakhi takes full advantage of these technologies, providing users with an efficient and secure means to explore the blockchain. With the first phase of its rollout, Unmarshal Sakhi will be introduced in Parser, an automated Smart Contract Indexer. This tool allows users to ask smart-contract-related queries and receive results in the form of lists or graphs. Whether it's retrieving Uniswap Analytics for a specific period, identifying top traders for $MARSH, or exploring recent transactions on BNB, Sakhi delivers quick insights through natural language search queries. Unmarshal is committed to empowering users of all technical backgrounds, ensuring that blockchain technology is accessible to everyone. Sakhi's advanced AI capabilities simplify the process, making it easy for both experienced and novice users to navigate the blockchain ecosystem. Stay tuned for more news and updates on Unmarshal Sakhi as we continue to redefine the way users interact with the blockchain. Official Links Unmarshal Sakhi Website | Telegram Chat | Telegram Ann | Twitter | Medium | Discord Unmarshal is a pioneering multi-chain Web 3.0 data network revolutionizing blockchain data accessibility. With seamless access to over 25+ blockchains, including Ethereum, Polygon, BNB Chain, and more, we empower developers with granular, reliable, and real-time data to fuel the growth of dApps, DeFi protocols, NFTs, Metaverse, and GameFi solutions. Our comprehensive suite of products, including blazing-fast APIs, custom endpoints, Smart Notifications, and the Parser- a zero code indexer & data analytics engine, supports 2000+ Smart Contracts in meeting their vivid data needs. With our network of data indexers and transformation tools, Unmarshal empowers Web 3.0 applications on any chain, providing a comprehensive view of transformed data. Contact Details Eucrypt Technologies Pvt. Ltd. Manohar Kolagondanahalli info@unmarshal.io Company Website https://unmarshal.io/

June 23, 2023 05:30 AM Eastern Daylight Time

Financials ETF XLF Unlocks Access to the Largest U.S. Financial Firms

Select Sector SPDR

One of the attractive attributes of index investing is that a broad market or sector is not as reliant on picking a singular winner and avoiding a singular loser. Collectively, an index usually acts like a check-and-balance device for a basket of companies. When it comes to the financial industry, discerning which bank or financial organization is better or worse than another is not an easy task for any kind of investor. That’s why an exchange-traded fund like the Financials Select Sector SPDR Fund ( XLF ) is such a key tool for advisors and investors. XLF tracks an index of S&P 500 financial stocks, weighted by market cap, meaning the bigger the financial institution, the heavier the holding is in the ETF. Being cap-market weighted, the ETF avoids more volatile small-caps. Many advisors, investors, and traders have made XLF a go-to security for financial exposure. As part of the first Select Sector SPDR ETFs launched in 1998, XLF has ridden the peaks and valleys of the financial industry over the past 25 years. XLF has attracted over $30 billion in assets under management since inception, making it highly liquid and tradeable, and has an advisor- and investor-friendly expense ratio of 0.10%*. Basket of Financial Giants When it comes to Wall Street banks and financial institutions, XLF offers a slice of them all in one security. It is also important to understand not just the index methodology, but also knowing the companies under the hood. The top 10 holdings** of XLF are: Berkshire Hathaway (13.26%), JP Morgan Chase (9.12%), Visa (8.23%), Mastercard (7.06%), Bank of America (4.45%), Wells Fargo (3.48%), S&P Global (2.77%), Goldman Sachs (2.51%), Morgan Stanley (2.45%), and BlackRock (2.26%). As the oldest and largest financials ETF on the market, XLF remains a go-to proxy for the sector. It takes a broad approach, with a portfolio that spans all types of financial firms. Notably, XLF is one of the most actively traded ETFs on the market today, routinely trading more than $1 billion worth of volume daily, reflecting how it can be a valuable trading tool. Capturing the most important banks and financial institutions is made easy with this ETF, with its market-weighted holdings of 72 leading companies in American finance. This Financials Sector SPDR fund easily and cheaply fills the finance sleeve in a diversified portfolio. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 5/31/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006657 EXP 9/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

June 22, 2023 09:28 PM Eastern Daylight Time

Perfect Storm for Innovation

Tradeweb

Sea changes can be hard to spot when you’re living through them. Sure, with the benefit of hindsight, we can revisit Apple’s 2007 prediction that its new iPhone would “reinvent the phone” as a seminal moment in how humans interact with technology. Today we can stream the new movie Air on our iPhones to relive the fateful period in 1984, when an innovative sneaker endorsement deal would revolutionize professional sports. But as they are happening, the gravity of events like these can be overshadowed by the day-to-day work and distraction of doing our jobs. Those of us working in institutional fixed income, derivatives and ETF markets have had a front-row seat to a number of transformative moments over the last three years. A combination of the global pandemic, near-constant volatility, technological disruption and breakthrough innovation has reprogrammed the way we work, realigned the way we confront new challenges and set us up for a period of truly profound change in how risk is transferred in our markets. I believe we will see more trading innovation in these markets over the next five years than we’ve experienced during any period since these markets began to go electronic in the late 1990’s. There are many reasons for this, but let’s focus on four broad themes: structural changes to financial markets, electronic trading resilience in turbulent markets, technology and data as multipliers and the evolving role of the trader. While each of these is at a different stage and none is brand new, together they are a catalyst for serious innovation... READ FULL ARTICLE HERE: https://www.linkedin.com/pulse/perfect-storm-innovation-billy-hult%3FtrackingId=jUhTDC%252FQRiOw1ysIah1rYg%253D%253D/?trackingId=jUhTDC%2FQRiOw1ysIah1rYg%3D%3D About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Daniel.Noonan@Tradeweb.com Company Website http://www.tradeweb.com

June 22, 2023 01:44 PM Eastern Daylight Time

Image

Cordiant Digital Infrastructure looking at "two sizeable opportunities in western Europe"

Cordiant Digital Infrastructure Ltd

Cordiant Digital Infrastructure Ltd (LSE:CORD) Chairman of Digital Infrastructure Steven Marshall and chief financial officer Mark Tiner speak to Thomas Warner from Proactive London after releasing final results for the year to 31 March 2023. Tiner highlights the positive reception that the results have received from analysts and investors so far, and describes himself as being "very pleased" with the performance of the business. Marshall goes on to describe the results as "incredible" before looking to the future, saying that talks are ongoing over "two sizeable opportunities in western Europe." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

June 22, 2023 11:04 AM Eastern Daylight Time

Video

CBTS Named Westcoast GreenLake HPE Solutions Provider of the Year for 2022

CBTS

CBTS, a global provider of IT solutions and services, including Application Modernization, Unified Communications, Managed Hybrid Cloud, Cybersecurity, and Infrastructure Solutions, announces that they have been awarded the Westcoast Hewlett Packard Enterprises (HPE) GreenLake Solutions Provider of the Year 2022 Award. Based on the quality and value of a unified solutions proposal that CBTS presented in collaboration with Westcoast—an IT distributor with nearly four decades in the U.K. market—and the subsequent win, Westcoast recognized CBTS for setting an example for other Managed Service Providers (MSP) in the channel to follow. “We thank the team at CBTS for trusting Westcoast as your HPE GreenLake distribution partner and for the commitment you have demonstrated to selling HPE GreenLake solutions,” said Rayall Thompson, HPE GreenLake Business Development Manager. “CBTS closed the first-ever UK channel partner deal with our client in 2019, and have gone from strength to strength since. CBTS also led and transacted the first colocation deal to go via Westcoast. This absolutely deserves recognition. We look forward to continuing our partnership and building future successes with you in the years ahead.” On this project, CBTS worked with a large provider of financial software and solutions based in the United Kingdom (U.K.) to transfer their services to HPE GreenLake Primera Storage, HPE ProLiant, HPE Relocation and Migration Services, in addition to a five-year HPE GreenLake services agreement with CBTS professional, management, monitoring, advisory, and firmware services. The client’s initial challenges of supporting aging infrastructure in multiple data centers, including the additional expense of doing so, were all resolved by this solution. “Our strategic relationship with HPE and the trust that we have nurtured for more than 30 years underpin our success with HPE solutions like GreenLake,” said Scott Seger, Senior Vice President, Global Accounts, CBTS. “When we bring our best talent to our partnership with Westcoast, it’s clear that we create a winning formula for our clients. Congratulations to everyone who worked on this project and a huge thank you to Westcoast for this recognition.” ABOUT CBTS: CBTS serves enterprise and midmarket clients in all industries across the United States and Canada. CBTS combines deep technical expertise with a full suite of flexible technology solutions—including Application Modernization, Managed Hybrid Cloud, Cybersecurity, Unified Communications, and Infrastructure solutions. From developing and deploying modern applications and the secure, scalable platforms on which they run, to managing, monitoring, and optimizing their operations, CBTS delivers comprehensive technology solutions for its clients’ transformative business initiatives. For more information, please visit www.cbts.com. Contact Details Roger Hamshaw Director, Marketing +1 416-312-6244 roger.hamshaw@cbts.com

June 22, 2023 09:00 AM Eastern Daylight Time

Image

RangeForce Launches Defense Readiness Index™, the World’s First Comprehensive Score Enabling Companies to Easily Gauge, Assess, and Bolster Their Cybersecurity Capabilities

RangeForce

RangeForce, a leading provider of scalable, cloud-based cyber defense upskilling solutions, today announced the launch of the Defense Readiness Index (DRI)™. Integrated into RangeForce’s Threat Centric platform – and with advanced AI underpinnings – the DRI™ is a pioneering score which gauges an organization's readiness to effectively respond to the cyberattacks it is likely to face. The DRI™ empowers organizations to pinpoint specific weaknesses in their team’s cyber capabilities, enables companies to quickly assess any skills gaps and implement strategic recommendations to plug those gaps. It also informs senior management with objective metrics, providing visibility into the strength of their cybersecurity teams. And the DRI™ maps directly to both the MITRE ATT&CK® and D3FEND™ frameworks, so organizations can accurately measure team sophistication when responding to real-world threats. Additionally, the DRI™ draws upon collaborative work with the Department of Defense and NATO. “NATO runs the largest international cybersecurity exercises in the world, and defends against nation-state level attacks,” said Taavi Must, co-founder and CEO, RangeForce. “But we found – when it came to defense – even their teams needed to practice using real tools, in real-time, under stressful conditions. So we developed customized training to provide visibility into skills gaps, and to identify areas for improvement. Then we focused on scaling our platform, extending the same benefits to everyone with the launch of RangeForce. And with the launch of our enhanced Threat Centric platform, we’re taking the next major leap forward.” Today many companies remain unaware of their teams' true readiness to defend against attacks. According to Gartner, by 2025, lack of talent or human failure will be responsible for over half of significant cyber incidents. And increasingly, threat actors see humans as the most vulnerable point of exploitation. RangeForce’s DRI™ was created to provide organizations with data-driven metrics so managers can validate the technical and soft skills of their teams, and to see how well they perform under pressure against real-world attacks. How RangeForce’s DRI™ Works: The DRI™ ranks organizations on a scale of one to five, each with its own set of controls and practices to provide visibility into where cyber-defense teams stand in terms of competency against cyberattacks. It also provides insight into a team’s mix of demonstrated skills, their capabilities to detect and disrupt threats, their ability to collaborate on investigations, where skill gaps exist, the associated costs, and more. The DRI™ provides a roadmap so companies can focus on the skills needed to move up to the next level, or to remain at the same level as the threat landscape evolves over time. Additionally, it enhances assessment and reporting mechanisms – allowing organizations to see the progress their teams are making – and it provides essential data to inform senior management about the objective strength of their security teams. "I’m excited to see a company like RangeForce use D3FEND to help cyber defenders better understand how their products can help them fight adversaries,” said Peter Kaloroumakis, D3FEND Lead and Principal Cybersecurity Engineer MITRE Corporation. “Our D3FEND community continues to grow, and through active community participation, D3FEND will become an even more effective and robust resource for cyber defenders." Augmenting RangeForce’s (AR)² Readiness Program: With the addition of the DRI™ into RangeForce’s wider (AR)² Readiness Program (Assess, Address, Review and Repeat), Rangeforce ensures it can deliver measurable improvements in defense readiness within just 30 days. RangeForce now has the most robust training methodology on the market, which: Helps organizations identify and address skill gaps within their cybersecurity teams. Offers customers an integrated learning experience. Ensures teams have the skills and knowledge necessary to protect against evolving cyber threats. Empowers organizations to build stronger, more resilient cybersecurity defenses by focusing on team skills and expertise. About RangeForce: RangeForce empowers cyber defense readiness at scale. Refine individual and team capabilities against the latest threats with a continuous approach to cybersecurity skills development. See real threats in action and sharpen the skills needed to defend your organization with interactive modules, challenges, and team-based threat exercises that reflect the real world. Visit www.rangeforce.com to learn more. Contact Details Forrest Carman +1 206-859-3118 forrest.carman@gmail.com Company Website https://www.rangeforce.com/

June 22, 2023 08:00 AM Eastern Daylight Time

Image

ST Telemedia Global Data Centres and Firmus Technologies Forge Partnership to Build a Global Network of Sustainable AI Factories

ST Telemedia Global Data Centres

SINGAPORE - Media OutReach - 22 June 2023 - ST Telemedia Global Data Centres (STT GDC), a leading Singapore-based data centre provider, has announced a significant investment into a global venture with Firmus Technologies (Firmus), a leader in highly scaled immersion cooled computing platforms. The venture is to be based in Singapore and will see the launch of a GPU-centric Infrastructure as a Service (IaaS) offering focused on deep learning AI and visual computing workloads, to be known as Sustainable Metal Cloud (SMC). SMC will deliver bare-metal-service access to high-performance AI clusters, which include some of the world's most advanced workload accelerators including GPUs and high-speed networking from NVIDIA for energy-efficient computing. SMC will leverage Firmus' proprietary, scaled, immersion-cooled platform – the 'HyperCube' – hosted within global STT GDC locations, to deliver Sustainable AI Factories that are all at once sustainable, scalable, high performance and cost effective[1]. Within the HyperCube, Firmus will operate a fleet of high-performance servers in its immersion-cooled environment, provided by OEM partners including Supermicro. Firmus' unlocks access to world-class AI tools and hardware in a highly available way, thanks to industry-standard uptime SLAs, provided and warranted directly by SMC to each customer. Firmus & STT GDC are launching SMC in Singapore, India and Australia in 2023, with the Singapore AZ (SIN01) expected to be live in H2 2023. The combination of Firmus' immersion-cooled computing platform, paired with STT GDC's highly efficient data centre infrastructure, will result in AI workloads running with a lower PUE[2], lower CO 2 emissions and higher petaflops[3] per watt. "We are delighted to have STT GDC as our partner. This venture is a world first and brings together Firmus' world-class scaled immersion-cooled computing platform with STT GDC's global footprint, based on NVIDIA's deep learning and visual computing architecture that is driving the exponential growth in AI. This offering will be underpinned by STT GDC's globally recognised and award-winning data centres," said Ted Pretty, Firmus Technologies Chairman. "The vision of Firmus' founders was to invest in a long-term solution that will break the mould of the traditional data centre model. They imagined the data centre as an entire computing platform – a 'Sustainable AI Factory' – and ensuring that this computing platform is best-in-class in terms of sustainability, operating and capital cost effectiveness. The vision of this venture is to combine STT GDC's strength – being one of the world's largest data centre infrastructure groups – with that of our HyperCube platform to deliver what we believe is a wholly unique proposition in delivering AI & visual computing at scale not seen before in Asia or Europe." "The compound growth in forecasted energy consumption is an existential threat to the data centre sector. Data centre operators and their customers must be prepared to embrace and support new cooling solutions and expand the services they offer beyond traditional air-cooled colocation if they are to host AI GPU platforms in a sustainable manner. The evolution of the data centre into AI factories of the future will fundamentally change the way that all infrastructure operators are thinking about the design and operation of their facilities. STT GDC's foresight and long-term vision made them the ideal global partner for Firmus' highly developed solution," said Pretty. "The future of data centres will rely on the ability to provide both exceptional performance and highly sustainable services at scale. From our beginnings in Singapore almost 10 years ago, we now have scaled the business to cover 10 geographies. We are immensely pleased to enhance our core co-location offering to include the latest GPU-based bare-metal services, empowering our customers with access to the next generation of high-performance computing which will be so critical in the AI revolution. These high-performance services are a key component of the critical infrastructure needed to support the plethora of AI use cases that will be critical to business, governments and society in years to come," said Bruno Lopez, President and Group Chief Executive, ST Telemedia Global Data Centres. He continued, "STT GDC, in partnership with Firmus, is committed to providing sustainable and foundational compute infrastructure. Singapore was the location of choice for our first flagship installation given the city's leadership in AI and sustainability. Through our new bare-metal service, customers will have early access to cost-effective and large-scale GPU compute through Firmus' embedded AI compute platform with leading-edge liquid immersion technology. We believe that data centres are critical building blocks of computing, and our investment in Firmus' technology and computing platform will transform our assets into sustainable AI factories, enabling our customers to process demanding workloads efficiently." After the first deployment in Singapore, the subsequent expansion will be into the India market in 2023. In 2024 and beyond, the deployment of Sustainable Metal Cloud availability zones (AZs) will be expanded across the STT GDC portfolio. About Firmus Technologies Firmus Technologies was founded by a young and entrepreneurial Australian team supported by leading local investment funds. Its research facility was established in Australia, where access to renewable-based energy assisted in the development and commercialisation of its scaled immersion cooled computing platform. From this facility Firmus developed the highly scalable system of multiple modularised 1MW HyperCubes that will now be deployed within STT GDC's data centre locations for cloud AZs, or at edge locations that enable high performance AI to exist anywhere the workload is needed. Stand-alone, the HyperCube technology operates within a sub 1.05 PUE envelope, and thanks to its advanced cooling features, extracts up to 30% further efficiency from the compute itself. By Total Usage Effectiveness (TUE) – a modern data centre metric that measures both facility and compute efficiency – HyperCube is amongst the most efficient compute platform in the world, with an engineered and expected TUE of less than 1.15 in Singapore. For more information, visit h ttps://firmus.co/ or https://smc.co/About ST Telemedia Global Data Centres ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, India, Thailand, South Korea, Indonesia, Japan and the Philippines, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visithttps://www.sttelemediagdc.com/ Contact Details ST Telemedia Global Data Centres Chow Yi +65 9784 6406 yi.chow@sttelemediagdc.com

June 22, 2023 05:55 AM Eastern Daylight Time

Image

Accesso Technology Group to get "very big jumpstart" from VGS acquisition

Accesso Technology Group PLC

Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) CEO Steve Brown speaks to Proactive after announcing the acquisition of VGS, a ticketing and visitor management platform and one of its main rivals in the theme park and attraction software business. Brown highlights the growth opportunity presented by VGS' established presence in the Middle East and Asia, saying that the purchase gives Accesso a "very big jumpstart" in those key growth markets. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

June 22, 2023 04:08 AM Eastern Daylight Time

Video

1 ... 253 254 255 256 257 ... 640