Kontrol Technologies Corp. | December 23, 2021
Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technologies, is entering the Quebec demand response energy market for commercial and multi-residential buildings. The Company will leverage its SmartSuite technology to supply a best-in-class demand response management solution.
“The demand response markets are growing rapidly across North America due to advancement of smart technologies, which utilities are increasingly leveraging for operating efficiency and resource allocation. Kontrol is offering a top tier solution through our SmartSuite technology, which has the ability to communicate with local utilities and either reduce power consumption or shut off power demand at the building and suite level, and seamlessly integrate into utilities’ grid management framework. We look forward to serving customers in the Quebec market in the near term, helping to facilitate utility grid optimization, energy conservation and greenhouse gas emission reduction.”
Paul Ghezzi, CEO of Kontrol Technologies
SmartSuite Demand Response
Using Kontrol’s propriety Cloud and energy control system, the Company can integrate its SmartSuite solution with utilities that operate demand response programs through the use of APIs. Most demand response programs provide customer incentives that correlate to kilowatt hours of energy saved. Such incentives can reduce initial capital investment and accelerate adoption of energy savings technologies. Through its operating subsidiary, Hilo, Hydro Québec offers a demand response program which encourages buildings to participate in reducing energy consumption in peak demand periods.
Demand Response Market Size in North America
The Global Smart Demand Response Market size is predicted to reach USD 75.53 billion by 2030 with a CAGR of 14.2% from 2020-2030, according to Next Move Strategy Consulting. North America is anticipated to grow with the highest CAGR, attributable to factors including enhanced developments in smart technologies, high R&D investments, and high consumer awareness. According to Technavio, 59% of growth during the period from 2021-2025 is expected to originate from North America.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.
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IBM | February 02, 2022
IBM announced it has acquired Sentaca, a leading telco consulting services and solutions provider. The acquisition will accelerate IBM's hybrid cloud consulting business, adding critical skills to help communications service providers (CSPs) and media giants modernize on multiple cloud platforms, innovate, and transform their businesses.
Headquartered in Boston, Massachusetts, Sentaca's team of highly experienced technology consultants across the U.S. and Canada build and migrate mission-critical applications on leading cloud service providers and open-source platforms like Red Hat OpenShift and OpenStack. Sentaca has supported digital transformation, next-generation networks and improved consumer experience for CSPs and media companies since its founding in 2008.
Sentaca will join IBM Consulting's fast-growing Hybrid Cloud Services business to solve clients' strategic and technology challenges such as cost-of-ownership, monetization, scalable and secure architecture, and address opportunities including 5G, IoT and streaming that can accelerate the creation and delivery of new services. Sentaca's domain expertise, assets and client relationships will help IBM meet industry demand and strengthen its position as a prime systems integrator for the emerging network and 5G market.
"Our goal is to help modern networks thrive in an open, hybrid cloud environment that will bring edge and 5G to life for enterprises and consumers. The proliferation of mobile devices, wireless connectivity, and new media platforms is driving convergence among telco, media, and entertainment, which makes our acquisition of Sentaca all the more valuable for our clients."
John Granger, Senior Vice President, IBM Consulting
Since Arvind Krishna became IBM CEO, the company has acquired more than 20 companies – 10 in Consulting alone – to bolster its hybrid cloud and AI capabilities. The announcement of the Sentaca acquisition follows several acquisitions by IBM of leading cloud consulting firms – Nordcloud, Taos, BoxBoat and SXiQ – in 2021, which significantly expanded IBM's multicloud transformation, management expertise and capabilities in Europe and North America.
"Sentaca's deep knowledge and experience of telecom networks, coupled with our expertise in hybrid multi-cloud and automation services and solutions, is a perfect fit to compliment IBMs telco/5G strategy," said Phil O'Neill, CEO of Sentaca. "We are very excited to join the IBM team and to be in a position to access additional resources and platforms to deliver on even larger and more ambitious enterprise cloud transformation projects within the telco and media industry sector."
91% of high performing communications services providers surveyed by the IBM Institute for Business Value expect to outperform their current financial expectations in five years as a result of using 5G-enabled edge computing. 5G will allow CSPs to offer a range of tailored network experiences for use cases across industries. To innovate and modernize around 5G and edge, telcos are embracing a hybrid cloud future which is expected to grow into an estimated $50 billion annual cloud professional services market1 by 2025.
IBM has long been trusted by the world's leading CSPs to guide them through major technology inflection points, helping clients co-create unique solutions while supporting them on their network transformation journeys and enabling new revenue streams that deliver value to consumer and enterprise clients. Today, more than 80% of the world's largest telcos work with IBM, and more than 140 telcos are served by IBM and Red Hat.
FIS | April 20, 2022
Financial technology leader FIS® (NYSE: FIS) announced today that the FIS Modern Banking Platform is now available on the Microsoft Azure cloud platform, expanding digital online banking to financial institutions in markets including the United Kingdom, Thailand and New Zealand. The offering combines the latest advancements in cloud security, monitoring, resiliency and operational analytics with a modern, cloud-native core.
The FIS Modern Banking Platform helps banks design, build and deploy new products and services. Through a platform that’s fully API-enabled, FIS’ real-time solution is cloud-native and provides financial institutions with advanced analytics. Modern Banking Platform uses artificial intelligence and component-based architecture and is built to be highly-configurable while providing next-level security for financial institutions and their customers.
Ninety-one percent of financial institutions use cloud services today or plan to soon according to the Cloud Security Alliance,1 a number that has doubled over the previous four years.
“We’re incredibly excited for financial institutions in more countries to experience the Modern Banking Platform that is cloud-native through Microsoft Azure,” said Andrew Beatty, Head of Enterprise Banking at FIS. “Teaming with Microsoft allows us to provide a secure, scalable and compliant SaaS solution in the cloud that helps financial institutions adapt to complex and changing regulations in multiple jurisdictions. Deployment via Azure also provides our clients with elasticity, meaning banks can quickly update their infrastructure to adjust to the volume of business. It’s a solution that allows us to offer the same high level of support and operations that we currently provide with the FIS private cloud.”
We’re pleased to partner with FIS to help more financial institutions modernize their payments and core banking to meet rising customer expectations and drive new value. Running on Microsoft Azure, FIS’ Modern Banking Platform delivers a flexible, data-driven solution to deepen customer relationships and roll out products more quickly, while managing risk effectively.”
Bill Borden, Corporate Vice President of Worldwide Financial Services at Microsoft.
FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index
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ZNet Technologies | March 02, 2022
ZNet Technologies a leading cloud and cybersecurity services distributor offering cloud infrastructure and managed services, announced a new partnership with Acronis, a global leader in cyber protection, in the North America region. The partnership brings together Acronis Cyber Protect Cloud, the most comprehensive cyber protection solutions suite available and ZNet’s automation platform to automate billing and delivery of Acronis solutions for service providers.
As a result of the new alliance, ZNet partners can offer services based on a comprehensive range of cyber protection solutions, including backup, disaster recovery, AI-enhanced anti-malware, endpoint security and management tools, advanced packs, file sync and share, and blockchain-based file notarization and e-signature services – all of which are managed via a single console and delivered and billed via ZNet’s automation platform.
ZNet has also won the Acronis #CyberFit Innovation Award at the recently concluded Acronis #CyberFit Summit Singapore for empowering partners by bringing technology innovation with automation and Go-To-Market strategies. The award was announced jointly by Patrick Pulvermueller, Acronis CEO, and Pasha Ershow, SVP – APJ & MEA Sales & Global Channel at Acronis.
“Acronis’ high-quality, AI-enhanced cyber protection solutions meet a critical need of providing comprehensive security against new-age cyber threats and vulnerabilities. Acronis is an incredible solution for our partners looking to equip their end-users with high-end, sophisticated all-in-one cyber protection solution. With addition of Acronis in our portfolio for USA and Canada, combined with our home-grown service delivery and business automation platform, we aim to enable partners to deliver Acronis cyber protection solutions with flexible billing options and complete automation.”
Munesh Jadoun, Founder and CEO, ZNet Technologies Private Limited
The automation capabilities mean that ZNet partners will be able to provision and manage billing for their Acronis customers’ licensing from a single interface, simplifying their onboarding, provisioning, billing, support, and reporting. Partners can also allow their clients to monitor their existing consumption and upgrade/downgrade plans if required.
“The cyberthreat landscape has changed dramatically over the past two years, causing organizations to seek not only greater security, but lower costs and improved efficiency – creating unique opportunities for service providers who offer in-demand cyber protection services,” said Acronis Vice President and General Manager, Americas, Pat Hurley. “ZNet is a long-time Acronis partner with an exceptionally qualified and technically certified team, and its proven track record of delivering the best cyber protection solutions and empowering its partners projects a bright and successful future together.”
About ZNet Technologies
ZNet Technologies Private Limited, incorporated in 2009, is a cloud services provider offering cloud infrastructure and managed services to partners and end customers across the globe. ZNet powers well over 90K websites and applications globally with the wide portfolio of cloud and infrastructure offerings. The business units of ZNet include ZNetLive (cloud and cybersecurity services provider) and RackNap (cloud service delivery and business automation platform). ZNet offers services from Acronis, NTT, Perpetuuiti, Plesk, Microsoft, AWS, Alibaba Cloud and managed services via its certified cloud professionals. RackNap helps with automating the delivery of cloud services and helps bill the usage based on actual consumption.
ZNet is owned by RP tech India Founded in 1989, RP tech India is the fastest-growing value-added distributor of IT and mobility solutions with 50 branches and 50 service centers across India. Growing at a consistent 25% CAGR YoY, the company offers products from over 25+ renowned global brands to 9000+ customers spread across 750+ towns/cities in India.
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.