PR Newswire | January 04, 2024
Persistent Systems a global Digital Engineering and Enterprise Modernization leader, announced a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to accelerate the pace of innovation and development of generative AI solutions for clients. Persistent is a long-standing AWS Partner and has a proven track record of early scale generative AI adoption across multiple industry verticals leveraging services like Amazon CodeWhisperer and Amazon Bedrock. Amazon CodeWhisperer provides generative AI-powered code recommendations directly in multiple integrated development environments (IDEs) to help developers build applications quickly in more than 15 coding languages; Amazon Bedrock is a fully managed service that makes foundation models (FMs) from leading AI companies accessible via an API to build and scale generative AI applications.
This strategic collaboration with AWS will help Persistent to further increase the impact it delivers to its clients that are embracing generative AI. Through this teaming, Persistent will have access to additional resources from AWS to build proofs of concept to help clients identify tangible business outcomes from generative AI. This will also support use case discovery and rapid build out of solutions with additional go-to-market funds from AWS. One of the key benefits to combined clients will be continued early access to AWS's generative AI services and investments that will help clients with their aspirations around growth, time-to-market, and better customer experience.
The Strategic Collaboration Agreement builds on Persistent's 30+ years of software engineering heritage, its best practices from more than 120 AWS engagements for cloud migration and modernization, and its 2,500 AWS practitioners to enable flexible and scalable generative AI-powered solutions tailored to clients' unique needs. Persistent's AWS Migration Competency status provides proven cloud expertise to help clients move successfully to AWS through all phases of complex migration projects. This collaboration reflects Persistent's proficiency in building robust cloud infrastructure, crucial in today's cloud-first, AI-first world, enabling clients to implement cloud-powered generative AI solutions.
These combined assets from AWS and Persistent can bolster the value provided to joint clients, helping them unlock the full potential of their technology investments.
Rajiv Sodhi, Senior Vice President – Hyperscaler Business & Strategic Alliances, Persistent:
"Enterprises across industries are looking to tap into the transformative potential of generative AI to reimagine, redefine, and rethink their business models for improved customer experiences and business growth. Combined with our newly acquired AWS Migration Competency status and our SCA, AWS will help us scale generative AI adoption among our clients so they can identify and implement use cases where this technology can have a real impact. We remain committed to helping clients reach their technology goals by leveraging the agility, breadth of services, and rapid innovation that AWS provides."
Quan Yang, Vice President of Research IT, Regeneron:
"Generative AI unlocks new opportunities to transform the life sciences industry. We are modernizing our legacy research applications to help accelerate the drug development process and simplify workflows. With Persistent's Digital Engineering expertise, powered by the AWS platform, Regeneron's research and pre-clinical development teams help bring our new life-savings drugs to market faster."
Chris Sullivan, Vice President, Worldwide System Integrator Partners, AWS:
"We are delighted to be working with Persistent to help our customers accelerate growth, enable business transformation, and enhance their digital experience. Together, we aim to redefine what's possible with generative AI, setting new standards for efficiency, innovation, and technological advancements."
With over 22,800 employees located in 21 countries, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 268% growth since 2020, Persistent is the fastest-growing Indian IT Services brand according to Brand Finance.
Dell Technologies | December 15, 2023
Dell Technologies (NYSE: DELL) announces that CoreWeave has purchased thousands of Dell PowerEdge servers, expanding access to compute power organizations need to innovate using AI and generative AI (GenAI).
CoreWeave is a specialized cloud provider for large-scale NVIDIA GPU-accelerated workloads. The company will use Dell PowerEdge XE9860 servers with NVIDIA H100 Tensor Core GPUs as the key infrastructure powering its cloud solutions, tailored for workloads like AI, machine learning (ML), visual effects (VFX) rendering and large-scale simulations.
"AI is driving explosive demand for high performance cloud solutions that can provide the compute that large models need to scale, and we are providing the gold standard of cloud infrastructure to support these compute intensive workloads," said Brian Venturo, co-founder and chief technology officer, CoreWeave. "Our custom-built, modern cloud infrastructure delivers the best possible performance for every workload, and collaborating with Dell Technologies allows us to do this on an even greater scale."
CoreWeave is delivering the next generation of cloud computing, with a modern approach to hardware engineering and proprietary software stack that is designed specifically for the most complex and intensive workloads. With this new agreement, CoreWeave customers around the world can now tap into thousands of accelerated Dell servers within seconds to speed compute-intensive workloads.
"AI is a powerful, completely transformational tool for businesses of all sizes but only if you have the right IT foundation in place," said Jeff Clarke, chief operating officer and vice chairman, Dell Technologies. "By bringing our most powerful Dell PowerEdge servers with NVIDIA H100 Tensor Core GPUs to CoreWeave customers, we're helping meet demand for advanced compute at scale."
Built for extreme acceleration of AI, ML and deep learning training, the Dell PowerEdge XE9680 is equipped to deploy AI computing initiatives and help ensure high GPU memory, bandwidth and security. The system can handle the performance demands of large language models of GenAI while delivering it in a dense IT footprint.
CoreWeave also will use Dell ProSupport services to get the maximum uptime from its new systems while dedicated Dell managers will help maintain the environment.
About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.
PR Newswire | December 28, 2023
RemotePC, one of the fastest and most reliable remote desktop services on the market, is offering enterprise users a highly affordable and scalable solution that now includes unlimited endpoint cloud backup space at little extra cost.
With the high demand for remote work and the need for efficient tools to help boost productivity, RemotePC continues to enhance its offering, now by including unlimited cloud backup space from IDrive Backup for just $20/year. With the inclusion of this cloud backup space, users can remotely enable backup for selected computers from within the dashboard of their RemotePC account, quickly allowing them to perform, manage, and restore backups from wherever they are.
This backup solution comes integrated with the user's RemotePC account, allowing for instant backup activation and deployment and ensuring data recovery in the event of an accidental data loss, data disaster, or ransomware attack.
With a RemotePC Enterprise plan, IT admins for large organizations can now reliably scale to thousands of computers, giving businesses of any size an affordable and feature-packed service without sacrificing on performance, with near 60 FPS speed making it possibly the world's fastest solution.
Along with the addition of unlimited cloud backup, enterprises have the opportunity to leverage one of the most robust and feature-packed remote access solutions available.
Remote Deployment - allow deployment for users and grant them permission to install RemotePC on other computers and access them remotely.
Computer Grouping - add computers, organize them into groups, and view the most recently accessed computers.
User Management - create new user accounts, organize them into groups, provide access permissions and more. RemotePC Enterprise also offers unlimited user licenses.
Attended Access - secure and instant access to any computer by entering a shared session code.
Mass Deployment - remotely install the RemotePC™ application on multiple target PCs and Macs in one-go.
Logs and Reports - track activities across the entire account or individual users with remote access logs and web activity logs.
Compliance - RemotePC™ assists businesses in ensuring the remote access solution meets regulatory compliance governing their industry.
Single sign-on - allow users to access RemotePC by signing in to a central identity provider.
RemotePC utilizes TLS v 1.2/AES-256 encryption for transferring user authentication data between the remote computer and local computer, ensuring remote sessions are secure. Personal Key, a unique password set for each computer, acts as an extra layer of protection.
Pricing for RemotePC Enterprise starts at $599.50/year for 100 computers, with the option to add-on computers as needed, and custom plans are also available by contacting the RemotePC sales team. The company also offers a full-featured free 7-day trial with no credit card required.
IDrive Inc. is a privately held company specializing in cloud storage, online backup, file sharing, remote access, compliance and related technologies. Core services include IDrive®, RemotePC™ and IBackup. The company's services help over 4 million customers back up over 500 Petabytes of data.
PR Newswire: | January 25, 2024
TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen's position as a global market leader in market data management solutions.
Xpansion – established in 2013 – is focused on empowering data operations teams to proactively manage their usage, control costs and optimize data workflows. Xpansion's offerings include Xmon, Xprocess and Xplore, and provide real-time analytics, giving clients unprecedented transparency, visibility and control into their reference data usage.
This deal consolidates TRG Screen's unique position as the only provider of enterprise subscription management capabilities spanning the whole spectrum of market data optimization, from spend and inventory tracking, through to usage and enquiry management, exchange reporting and compliance.
"Xpansion and TRG Screen have been partners for many years. Bringing Xpansion into the TRG Screen family is a very logical next step for both companies, given our strong relationship and shared view that the industry demand for integrated usage management solutions is going to continue to grow," said TRG Screen CEO Leigh Walters. "Xpansion is an established firm with excellent customer satisfaction and retention, and highly experienced and industry respected leadership. We are very excited at the opportunities this acquisition brings."
"We are thrilled to be joining TRG Screen," said Xpansion co-founder and CEO Amjad Zoghbi. "Reference data usage is one of the most complex aspects of market data management, and managing it correctly is essential to maintaining contractual compliance and ensuring clients are right-sizing their usage based on actual consumption and business need. I'm very pleased that Xpansion's customers, and team, will now be part of the best-of-breed solution with the industry's leading provider of market data management solutions."
The acquisition demonstrates TRG Screen's ongoing commitment to servicing the needs of market data consumers, vendors and exchanges. Financial terms of the transaction were not disclosed.
About TRG Screen
TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen's solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan's Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen's product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen.
Xpansion delivers next-generation reference data solutions that empower financial institutions to streamline their reference data operations, reduce costs, enhance data quality, and improve data discovery. With a focus on customer satisfaction, continuous innovation and quick time to value, Xpansion is a trusted partner for financial institutions in the buy- and sell-side as well as solution providers in the industry.