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Category: Business (page 1 of 76)

Seagate introduces a new data storage platform

Seagate introduced a new storage-as-a-service platform, an S3-compatible, storage-only cloud called Lyve Cloud. It enables always-on mass capacity data storage and activation. Lyve Cloud, let the customers retain full control of their data while lowering TCO for storing massive datasets. Along with this, it offers privacy, no lock-in, and no egress fees. Seagate and Equinix, a digital infrastructure company, are likely to work together to make the Cloud accessible to more customers.

Nvidia sales surge, gaming chips to remain in tight supply

The forecast for the Q1 revenue of Nvidia is excellent owing to the high demand for its gaming chips which remains in tight supply. CFO Colette Kress said, cryptocurrency mining has contributed approx. between $100 mn and $300 mn in sales in Q4. Nvidia also plans to start shipping software with gaming chips that slow down the ability to mine some currencies and later release a mining-specific chip, to discourage miners from using gaming chips.

Wipro launches Cisco Business Unit for adoption of digital transformation solutions

To mark 25 years of partnership, Wipro has launched a new Cisco Business Unit. The objective of the new unit is to offer full-stack solutions and digital accelerators in the field of intent-based networking, digital workplace virtualization, hybrid cloud, app transformation, security and 5G solutions. Oliver Tuszik, senior VP, global strategic partner organization, Cisco, said, CBU will provide the best of both Cisco and Wipro solutions to the customers.

Over 62.6 bn cyber threats Blocked in 2020

Trend Micro said it detected 119,000 cyber threats per min which lead to the blocking of over 62.6 bn threats in 2020. In this, email-borne threats made up 91%, attacks and about 14mn unique phishing URLs were detected. Attacks on home networks rose 210% to reach nearly 2.9 bn. Newly detected ransomware families increased by 34%, with “double extortion” attacks. Govt, banking, manufacturing and healthcare were some of the most targeted sectors.

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Reliance Jio to build data centre facility in UP with $950 mn investment

A 20-acre data centre facility is being set up in Uttar Pradesh with an investment of about $950 mn by Reliance Jio and it is likely to be powered by the company’s own renewable energy plant. The centre consists of six interconnected data centre buildings with over 30,000 racks capacity and 200MW of power. This also pushes the government’s goal to boost India’s digital economy to $1 trillion by 2025.

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Samsung starts production of power-efficient SSD

Samsung Electronics said that it has begun the mass-production of a power-efficient SSD for data centres. The SSD has a power efficiency that will reduce operating costs for data centres and improved security solutions. The South Korean company said that “PM9A3E1.S” is the first data centre-use SSD product based on sixth-generation V-NAND chips. It also has a 50% improvement compared to its previous PM983aM.2 as it supports 283 (MB/s) per watt.

Google Cloud achieves empanelment for India’s Public Sector

Google Cloud has attained a full Cloud Service Provider empanelment by completing an audit from India’s Ministry of Electronics and IT. MD, Bikram Singh Bedi, said the empanelment will allow the govt agencies from central and state level, PSUs across sectors — power to financial services–  to deploy Google Cloud. Many Indian organisations like Wipro, Sharechat, TVS ASL, ICICI Prudential,, Cleartrip, and others use Google Cloud.

Google, Intel team up to roll out 5G app

Google and Intel have joined hands to advance the edge software services and speed up the 5G app rollout. Google and Intel have planned to deploy 5G vRAN using Google Cloud’s Anthos app platform with Intel cloud-native platforms and solutions. Shailesh Shukla, Google Cloud VP and Networking GM said, he believed that partnering with app providers, carriers, CSP and telcos can reduce the cost and time-to-market needed for the telcos to shift to cloud-native 5G.

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