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MORAI to Introduce Cloud-Enabled Autonomous Driving Simulation Technology at CES 2022

MORAI | January 03, 2022

MORAI, the principal creator of full-stack autonomous driving simulation technology, declared today that it will reveal MORAI SIM Cloud, which leverages the cloud to build a wide range of simulation ecosystems without hardware limitations and allows simultaneous testing, at CES 2022.

MORAI SIM Cloud is the Software as a Service (SaaS) application of the prevalent MORAI autonomous driving simulator, MORAI SIM, that will enable users to execute simulation tests in the cloud environment without the the need for any software installation on their local computers. The cloud-enabled process will play a major role in improving test efficiency as it allows users to run a plethora of simulation tests demanding multiple computers to run on a single computer concurrently.

MORAI SIM Cloud will also provide a test automation feature, which automatically allocates test cases in a cloud environment to execute tests and generate ultimate results.

"Based on the cloud-based simulation technology, we announce Cloud-based Autonomous Driving Simutation Technology at CES 2022. MORAI will dynamically expand domestic and global business opportunities. We will also use in-person engagement at this year's CES as a prospect to further build global partnerships and actively engage in sharing autonomous driving simulation technologies."

- Jiwon Jung CEO of MORAI

MORAI is the only creator and distributor of a full-stack autonomous driving simulation environment in South Korea, with more than 100 clients, including Naver Labs, Hyundai Mobis and Samsung Engineering. In 2021, the company has acquired around two billion KRW through a bridge funding round. As a result, they were nominated as a future unicorn company by the Ministry of Science and ICT of Korea. They have also received the Hong Dae-yong Award for Patent Technology. MORAI has received additional recognition, such as the Korea Institute of Startup & Entrepreneurship Development Award in the Youth Enterprise Sector and the Prime Minister's Commendation.

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Insurity Becomes the Largest Cloud Software Vendor Serving 400+ P&C Insurers in the Cloud, Including 330 in AWS and Azure Public Cloud

Businesswire | April 21, 2023

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that it has reached a significant milestone, with more than 400 of its 500-plus customers deployed in the cloud. Of these cloud deployments, more than 330 are in the public cloud, with approximately half in AWS and the other half in Azure. This benchmark further establishes Insurity as not only the cloud leader in P&C insurance software, but the public cloud leader as well. Insurity is a top 2 core system provider in the P&C industry and is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 U.S. MGAs. Insurity empowers insurance organizations to quickly capitalize on new opportunities by delivering the world's most configurable, cloud-native, easy-to-use, and intuitively analytical software. Its configurable, cloud-native platform enables insurance organizations to quickly act on new opportunities and launch new insurance products in as little as four weeks. Insurity's Sure Suite products are deployed in the cloud by default for new customers. Insurity uses microservices and leverages elasticity provided by the public cloud, AWS and Azure, allowing customers to benefit from the unparalleled scalability, security, and reliability provided by the public cloud. For example, insurers using Sure Claims can easily handle the dramatic increases in claim volume that typically occurs following a natural disaster while ensuring a seamless policyholder experience. “Insurity remains laser-focused on enabling insurance organizations to harness the power of the cloud through our proven and cloud-native software. As evidence of this commitment, despite ARR growing 20% and more than 50 go-lives in the past year, Insurity has not signed a single on-prem customer in the past three years. We are fully focused on growing through cloud-based solutions,” said Chris Lafond, Chief Executive Officer at Insurity. “Further, by the end of 2023, Insurity is projected to have over 90% of our 400 cloud-based customers fully deployed in the public cloud. This not only shows our dedication to helping our customers derive the benefits of the public cloud, but also underscores the industry's acceleration toward embracing the public cloud.” “Coupled with Insurity's configurable and cloud-based platform, operating on the public cloud provides insurance organizations with the scalability, security, and reliability needed to succeed in today’s market,” said Jonathan Victor, Chief Information Officer at Insurity. “By leveraging AWS and Azure's robust infrastructure and Insurity's industry-leading software, insurers can quickly launch new products, respond to market changes, and improve overall business agility, ultimately providing superior value to their policyholders." To learn more about Insurity’s cloud-native solutions, get in touch with Elizabeth Hutchinson at Elizabeth.Hutchinson@insurity.com. About Insurity Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and the industry's most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit www.insurity.com.

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Airbyte Launches SaaS Offering on AWS Marketplace for Open-Source Data Integration

Airbyte | March 14, 2023

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Lightbits Bolsters Cloud-First Strategy by Joining the Microsoft for Startups Founders Hub

Businesswire | March 28, 2023

Lightbits®, the innovation leader in simple, flexible, and cost-efficient data platform solutions for any cloud, has announced that it has been accepted into the Microsoft for Startups Founders Hub, a program designed to enable organizations to ideate, develop, grow, and scale their offering on the Azure cloud platform by providing the necessary resources for every stage of their cloud-first journey. Microsoft Azure is a secure and compliant cloud platform trusted by organizations small and large, including 95% of Fortune 500 companies. As a member of the Microsoft for Startups Founders Hub, Lightbits will optimize its cloud solution so that organizations running on or planning to migrate their IO-intensive workloads to Azure can do so with the confidence that it’s on a scalable, efficient, and highly performant platform. The Lightbits Cloud Data Platform on Azure delivers agility, flexibility, high performance, and predictable and lower costs enabling migration of transactional and other latency-sensitive workloads to the cloud. The software-defined scalable architecture allows dynamic scaling of storage performance and capacity with consistently low latency and works within most orchestration environments such as Kubernetes, VMware or OpenStack. It offers the ability to provision high-performance persistent volumes to applications, protecting data from failures, while at the same time offering the rich data services enterprise IT organizations desire. Lightbits is easy to use, plugging directly into Azure Virtual Machines (VMs), and supports hybrid deployments offering the flexibility to port the license between on-premises storage servers and Azure storage-optimized VMs. “Prior to Lightbits, organizations supporting IO-intensive applications such as SQL and NoSQL databases had two options to achieve their performance requirements on Azure: use VMs with local NVMe devices or scale out the VMs and provision more cloud-native storage. Neither option was ideal since it lacked data protection at the storage level and significantly increased overall costs,” said Kam Eshghi, Co-Founder and CSO at Lightbits. “If performance, cost, scale, or data services were limiting factors for organizations migrating their storage-intensive workloads to Azure, Lightbits removes all of those constraints and offers a better cloud experience. I’m confident that our partnership-driven approach and involvement in the Founders Hub will result in a well-architected complete data platform for Azure.” About Lightbits Labs Lightbits Labs® (Lightbits), is remaking modern cloud infrastructure on a global scale and offers a Complete Data Platform for any cloud in VMware, Kubernetes, and OpenStack orchestration environments. It’s being used by Fortune 500 organizations because it enables organizations with a cloud-first strategy to move IO-intensive database, analytic, transactional, and streaming workloads to the cloud at their pace and on their terms. As trailblazers in this field, we deliver high performance and consistently low latency on the cloud equivalent to on-premises systems but with predictable and lower costs that cloud-native block storage solutions cannot provide. Lightbits is backed by enterprise technology leaders [Cisco Investments, Dell Technologies Capital, Intel Capital, Lenovo, and Micron] and is on a mission to deliver a robust cloud platform with unmatched efficiency, agility, and flexibility.