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Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. Big money Of course this is far from the only play the Blackstone Group has made in the data sector.
growth this year, with datacenter spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Datacenter spending will increase again by 15.5% in 2025, but software spending — four times larger than the datacenter segment — will grow by 14% next year, to $1.24
The AI revolution is driving demand for massive computing power and creating a datacenter shortage, with datacenter operators planning to build more facilities. But it’s time for datacenters and other organizations with large compute needs to consider hardware replacement as another option, some experts say.
In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing datacenter design can fully employ the modern requirements needed to run AI? Evaluating datacenter design and legacy infrastructure. The art of the datacenter retrofit. Digital Realty alone supports around 2.4
DDN , $300M, datastorage: Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. billion to develop datacenters in Spain.
Imagine a world in which datacenters were deployed in space. Using a satellite networking system, data would be collected from Earth, then sent to space for processing and storage. The system would use photonics and optical technology, dramatically cutting down on power consumption and boosting data transmission speeds.
According to an IDC survey commissioned by Seagate, organizations collect only 56% of the data available throughout their lines of business, and out of that 56%, they only use 57%. That’s why Uri Beitler launched Pliops , a startup developing what he calls “data processors” for enterprise and cloud datacenters.
As enterprises begin to deploy and use AI, many realize they’ll need access to massive computing power and fast networking capabilities, but storage needs may be overlooked. In that case, Duos needs super-fast storage that works alongside its AI computing units. “If If you have a broken wheel, you want to know right now,” he says. “We
Historically, datacenter virtualization pioneer VMware was seen as a technology leader, but recent business changes have stirred consternation since its acquisition by Broadcom in late 2023. This is prompting the CIO shift to hybrid and multicloud.
Two at the forefront are David Friend and Jeff Flowers, who co-founded Wasabi, a cloud startup offering services competitive with Amazon’s Simple Storage Service (S3). Wasabi, which doesn’t charge fees for egress or API requests, claims its storage fees work out to one-fifth of the cost of Amazon S3’s.
We have invested in the areas of security and private 5G with two recent acquisitions that expand our edge-to-cloud portfolio to meet the needs of organizations as they increasingly migrate from traditional centralized datacenters to distributed “centers of data.”
In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of datacenter hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s datacenter infrastructure engineering teams, Bablani said. .
In a 2023 survey by Enterprise Strategy Group , IT professionals identified their top application deployment issues: 81% face challenges with data and application mobility across on-premises datacenters, public clouds, and edge. 82% have difficulty sizing workloads for the optimal on- or off-premises environment.
In my role as CTO, I’m often asked how Digital Realty designs our datacenters to support new and future workloads, both efficiently and sustainably. Digital Realty first presented publicly on the implications of AI for datacenters in 2017, but we were tracking its evolution well before that.
A digital workspace is a secured, flexible technology framework that centralizes company assets (apps, data, desktops) for real-time remote access. Digital workspaces encompass a variety of devices and infrastructure, including virtual desktop infrastructure (VDI), datacenters, edge technology, and workstations.
Data needs to be stored somewhere. However, datastorage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet DataCenter (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018.
This enables use cases such as near real-time disaster recovery over photonics-based links in industries like banking and finance, vehicle-to-vehicle communication in an autonomous vehicle scenario, and real-time edge-to-datacenter connections for robotics applications in factories, or at remote sites in mining or oil and gas industries.
To keep up, IT must be able to rapidly design and deliver application architectures that not only meet the business needs of the company but also meet data recovery and compliance mandates. Moving applications between datacenter, edge, and cloud environments is no simple task.
LyteLoop’s new funding will provide it with enough runway to achieve its next major milestone: putting three prototype satellites equipped with its novel datastorage technology into orbit within the next three years. Security, for instance, gets a big boost from LyteLoop’s storage paradigm.
In addition to Dell Technologies’ compute, storage, client device, software, and service capabilities, NVIDIA’s advanced AI infrastructure and software suite can help organizations bolster their AI-powered use cases, with these powered by a high-speed networking fabric.
They are intently aware that they no longer have an IT staff that is large enough to manage an increasingly complex compute, networking, and storage environment that includes on-premises, private, and public clouds. “They also know that the attack surface is increasing and that they need help protecting core systems.
(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the datacenters needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75
billion in the Middle East kingdom to build datacenters and a significant cloud presence in the region. Amazon Web Services (AWS) is the latest high-tech giant to announce a major stake in Saudi Arabia’s burgeoning technology industry, unveiling a plan this week to invest more than $5.3
Being on the forefront of enterprise storage in the Fortune 500 market, Infinidat has broad visibility across the market trends that are driving changes CIOs cannot ignore. Trend #1: Critical nature of data and cyber resilience in the face of increasing cyberattacks. This is a multi-faceted trend to keep front and center.
One company that needs to keep data on a tight leash is Petco, which is a market leader in pet care and wellness products. Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple datacenters. virtualized systems, databases, business workloads, etc) and only pay for storage as needed.
Datacenters with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch.
Flexential’s 40 state-of-the-art datacenters in North America – located in metropolitan areas across the country to ensure short hops and low latency – are connected by a 100 Gbps network backbone that is easily upgradable to 400 Gbps for those customers that require ultra-high speeds.
. > allowfullscreen> When it comes to looking at new workloads and applications, be it AI or modern cloud-workloads, hyper-converged infrastructure, with embedded all-flash storage arrays, provides organizations with a process to rapidly deliver on the application demands of the business.
On the IaaS offerings front, the price hikes will be applied to bare metal servers, virtual server instances, file and block storage, and networking infrastructure for both classic and virtual private cloud ( VPC ) offerings, the company said.
Equally, if not more important, is the need for enhanced datastorage and management to handle new applications. These applications require faster parallel processing of data in diverse formats. In his keynote speech, he noted, “We believe that datastorage will undergo major changes as digital transformation gathers pace.
It’s the team’s networking and storage knowledge and seeing how that industry built its hardware that now informs how NeuReality is thinking about building its own AI platform. “We kind of combined a lot of techniques that we brought from the storage and networking world,” Tanach explained.
VMwares virtualization suite before the Broadcom acquisition included not only the vSphere cloud-based server virtualization platform, but also administration tools and several other options, including software-defined storage, disaster recovery, and network security.
IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. IT execs now have more options beyond their own datacenters and private clouds, namely as-a-service (aaS).
The Industry’s First Cyber Storage Guarantee on Primary Storage. Guarantees are hugely important in the enterprise storage market. Global Fortune 500 enterprises have gravitated to Infinidat’s powerful 100% availability guarantee, helping make Infinidat a market leader in enterprise storage. Evan Doherty.
Unlike on-premises datacenters, where procuring and deploying servers is a longer and more thought-out process, hyperscalers provide near-instant deployment options, giving IT organizations the ability to spin up workloads at any time as needed.
Jeff Ready asserts that his company, Scale Computing , can help enterprises that aren’t sure where to start with edge computing via storage architecture and disaster recovery technologies. Early on, Scale focused on selling servers loaded with custom storage software targeting small- and medium-sized businesses.
For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, datastorage, network bandwidth, electrical power, and air conditioning. In storage, the curve is similar, with growth from 5.7% of AI storage in 2022 to 30.5% Do you have the datacenter and data science skill sets?”
Aiming to overcome some of the blockers to success in IT, Lucas Roh co-founded MetalSoft , a startup that provides “ bare metal ” automation software for managing on-premises datacenters and multi-vendor equipment. MetalSoft spun out from Hostway, a cloud hosting provider headquartered in Chicago. .
Computational requirements, such as the type of GenAI models, number of users, and datastorage capacity, will affect this choice. Look for a holistic, end-to-end approach that will allow enterprises to easily adopt and deploy GenAI, from the endpoint to the datacenter, by building a powerful data operation.
In June, Cloudflare suffered an outage that affected traffic in 19 datacenters and brought down thousands of websites for over an hour, for instance. We’re planning to expand from datastorage and distribution and now are working on security and global compute solutions.
tied) DDN , $300M, datastorage: Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. billion to develop datacenters in Spain.
After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. He went with cloud provider Wasabi for those storage needs. “We
According to the 2024 State of Production Kubernetes report from Spectro Cloud, 85% of organizations have Kubernetes in virtualized datacenters, and 75% of organizations are committed to adopting Kubernetes for future infrastructure needs. VMware Cloud Foundation (VCF) is one such solution. Much of what VCF offers is well established.
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