CLOUD APP MANAGEMENT

Mirantis Targets Legacy, Proprietary Infrastructure with Open Source, Cloud Native Data Center-as-a-Service

Mirantis | September 17, 2021

Mirantis, the open cloud company, announced Mirantis Flow, a vendor-agnostic, cloud-native data center-as-a-service aimed at businesses currently using costly, lock-in cloud infrastructure technology to modernize infrastructure while enabling both virtualization and containerization for all application types. Mirantis Flow also simplifies onboarding for businesses just beginning their cloud journey.

Flow makes it easy to quickly — in as little as five days — deploy and run a centrally managed, scalable cloud infrastructure providing virtualization and containerization in the data center, on public cloud and out to the edge. Flow reduces cost and time-of-development while providing interoperability with public clouds and freeing up resources and investments that can be used to launch new services.

“As more businesses pursue digital transformation, enterprise data centers are challenged to deliver a true cloud experience to their users while also reducing costs. Until now, cloud-native was sold and marketed as piece parts for enterprises to assemble. Mirantis has already helped hundreds of today’s tech savvy companies, including Booking.com, Reliance Jio, Netscope, and Societe Generale, implement an open source, cloud-native approach to infrastructure,” said Adrian Ionel, CEO and co-founder of Mirantis. “For the first time, Flow takes that software, knowledge, and support expertise and packages it up for easy deployment, enabling enterprises to replace their legacy infrastructure, or even begin their cloud journey, with an open source, cloud-native data center that supports their most valuable use cases and brings a stream of innovations to developers and application owners  at significantly less cost.”

Mirantis Flow:
  • Replaces legacy infrastructure software with modern open source software built with cloud-native architecture;
  • Reduces required hardware by 50% or more;
  • Uses open source software defined storage and networking;
  • Increases automation and frees up staff from routine administration work.

“Enterprises rank IT operations efficiency (68%), security (52%), developer speed and productivity (45%) and application portability (45%) as the top benefits of cloud-native software such as containers and Kubernetes in our Voice of the Enterprise: DevOps, Workloads and Key Projects 2021 survey,” said Jay Lyman, senior analyst with 451 Research, part of S&P Global Market Intelligence. “These advantages are also consistent with DevOps objectives around efficiency, DevSecOps, speed and support for hybrid and multi cloud infrastructures.”


Mirantis Flow integrates many open source technologies in a flexible way and packages those as a subscription service. Flow can utilize existing computing hardware and includes Mirantis Container Cloud, for providing deployment and lifecycle management of Kubernetes cluster across multiple infrastructure platforms; the Mirantis Kubernetes Engine certified distribution, Mirantis OpenStack (on Kubernetes); Lens Spaces; Mirantis StackLight monitoring and alerting; and OpsCare 24x7 proactive support or OpsCare managed services, which includes deployment.

Pricing and Availability

Mirantis Flow is available immediately and priced at $15,000 per month or $180,000 annually, which includes:
  • 1,000 core/vCPU licenses for access to all products in the Mirantis software suite;
  • No additional charge for control plane and management software licenses;
  • Support for initial 20 virtual machine (VM) migrations or application onboarding;
  • Unlimited 24x7 OpsCare support.

About Mirantis
Mirantis helps organizations ship code faster utilizing public and private clouds, providing a public cloud experience on any infrastructure from the data center to the edge. With a long-standing record of delivering solutions based on open source with enterprise-grade support,

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In this video we have discussed the definition of cloud computing and the characteristics of cloud computing.


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CLOUD STORAGE

D-Wave Deploys First U.S.-Based Advantage Quantum Computer Accessible in the Leap Quantum Cloud Service

D-Wave | May 13, 2022

PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Systems Inc. (“the Company”), a leader in quantum computing systems, software, and services, and the only company building both quantum annealing and gate-based quantum computers, today announced the availability of the first Advantage™ quantum computer, accessible via the Leap™ quantum cloud service, physically located in the United States. The cloud-based service is part of the USC-Lockheed Martin Quantum Computing Center (QCC) hosted at USC’s Information Sciences Institute (ISI), a unit of the University of Southern California’s prestigious Viterbi School of Engineering. Among the highlights: The service will provide access to the first Advantage™ quantum system physically located in the United States. Advantage is the first quantum computer built for business that contains the new Advantage performance update released in October 2021 and features the highly connected Pegasus topology and 5000+ qubits. Leap™ quantum cloud service users will immediately be able to access the Advantage™ quantum computer located at the QCC in real-time. Leap access also gives researchers, governments and enterprises access to all of the programming tools and hybrid quantum-classical resources offered through Leap. Additionally, Amazon Web Services (AWS) and D-Wave announced that the U.S.-based system will be available today for use in Amazon Braket, expanding the number to three different D-Wave quantum systems available to AWS users. Through QCC, USC has been a pioneering academic institution in the hosting and operating of a commercial quantum system and is a world leader in research and development of advanced information processing, computer and communications technologies. USC has been working with D-Wave since 2010 and has housed several generations of earlier D-Wave systems with the first one installed at the QCC with Lockheed Martin. “Making quantum computing ubiquitous and available is one of our core areas of focus and is central to the commercialization of quantum computing. This is an important moment for our U.S.-based customers who want their Leap cloud access to the newest Advantage system and quantum hybrid solver service to be in-region. The timing is especially important. Eleven years ago, together with Lockheed Martin, we installed our first quantum system at USC. Fast forward to today, delivering the most performant commercial quantum computer in the world yet again allows users to harness the power of annealing quantum computing for real-world optimization problems, all accessible real-time through our Leap quantum cloud service and in AWS’s Amazon Braket.” Alan Baratz, CEO of D-Wave. “Quantum computing is a constantly evolving field and it’s important that our customers have access to the latest quantum hardware,” said Richard Moulds, General Manager of Amazon Braket at AWS. “By adding support for a third quantum system from D-Wave to Amazon Braket, all customers now have on-demand access to even more hardware options. Furthermore, U.S.-based customers have the added benefit of using a device located in California, making it possible for them to conduct research using D-Wave hardware in-region.” “Quantum information science (QIS) is a top priority research area for the nation and has long been a focus of USC Viterbi,” said Yannis C. Yortsos, Dean of the USC Viterbi School of Engineering. “In collaboration with Lockheed Martin, we established at ISI in 2011 the first academic home for a quantum computing system, namely D-Wave One. For more than a decade, research and education in QIS at USC Viterbi has been thriving and constantly growing.” “For more than 12 years, Lockheed Martin has been proud to support advanced practical quantum computing, putting the technology in the hands of people who can make the most of it,” said Greg Tallant, Lockheed Martin Fellow. “Lockheed Martin is a leader in quantum computing applications development, and the Advantage system at QCC furthers our 21st Century Security vision.” “The D-Wave annealing quantum computer provides a four-fold increase in the number of qubits from our previous system, as well as increased coherence and other performance metrics,” said Daniel Lidar, holder of the Viterbi Professorship of Engineering at USC, and the scientific and technical director of QCC. “We have great hopes for the new system as we explore coherent quantum annealing to achieve quantum speedups in quantum simulation, best-in-class optimization and machine learning. Some of our first projects will be to investigate speedup over classical optimization methods for hard optimization problems as well as pursuing additional government-funded research for identification and classification of quantum phase transitions.” To date, D-Wave’s customers have developed hundreds of early quantum applications in fields as diverse as financial modeling, flight planning, quantum chemistry simulation, automotive engineering, health care, logistics, and more. Today’s announcement marks the opening of the first Advantage™ quantum system physically located in the United States at the QCC. D-Wave’s quantum computers - which have been available to North American users via the Leap™ quantum cloud service out of British Columbia since 2018 - are particularly suitable for solving difficult optimization problems. Optimization use cases are ubiquitous in industry and are interesting because of their computational complexity, and recent research demonstrates that annealing quantum computers will be best suited for optimization use cases both today and into the future. The upgraded system at USC will be available for enterprises, researchers and government. It will enable businesses to benefit from the commercial use-cases that can be run on the quantum hybrid solver service and enable researchers to continue studying how quantum effects may speed up the solution of complex optimization, machine learning and sampling problems. Moreover, the government now has the most advanced system in the U.S. for tackling key public sector initiatives, including electrical grid resilience, emergency response, and infrastructure optimization projects. About D-Wave Systems Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software and services and is the world’s first commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing for business and society, today. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s systems are being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, University of Southern California, Forschungszentrum Jülich and Los Alamos National Laboratory. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, Calif. D-Wave has a blue-chip investor base that includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners, and In-Q-Tel. D-Wave announced in February it has entered into a definitive transaction agreement with DPCM Capital, Inc. (“DPCM Capital”) (NYSE:XPOA), a publicly traded special purpose acquisition company. Upon closing of the transaction, shares of D-Wave Quantum Inc., a newly formed parent company of D-Wave and DPCM Capital, are expected to trade on the NYSE under the symbol “QBTS.”

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CLOUD APP DEVELOPMENT

Trend Micro Leads the Cloud Security Industry with the Most Data Centers Across More Geographies

Trend Micro Incorporated | December 14, 2021

Trend Micro Incorporated the global cloud security leader, offers cloud security in data centers across 9 countries. This represents the broadest global distribution of data centers from any security company, supporting the largest number of cloud security customers in the world. Global data center availability better enables customer digital transformation and cloud adoption by removing data residency roadblocks. Data residency and data sovereignty are key considerations for compliance and business risk when companies move to the cloud. According to Gartner, businesses "face huge challenges to mitigate growth in associated business and financial risks from incidents such as noncompliance, hacking and ransomware. These risks are compounded by data residency issues and poor security planning as data flows across new storage and analytics platforms on-premises and across public multicloud and hybrid cloud services.1" "SaaS is the way to buy today, and security is no exception. We've seen exponential growth in our SaaS-based solutions and demand for local data center availability has risen accordingly. We are always looking for the best ways to solve business problems with our security platform and we're happy to offer the most regional data centers as one of the latest ways we're meeting customers where they are – both physically and in their digital transformation journey." Kevin Simzer, chief operating officer for Trend Micro Trend Micro is committed to supporting the business priorities of customers and reducing business risk any way possible. The company has responded to customer demand by helping enterprises meet data residency and sovereignty requirements with more local data centers. In addition, cloud security services are integrated and available for Amazon Web Services, Microsoft Azure and Google Cloud Platform, further meeting customers where they are in their digital transformation journey. All regional data centers meet leading compliance regulations, including PCI DSS and ISO 27001, as well as GDPR requirements. About Trend Micro Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

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CLOUD APP DEVELOPMENT

Arc Raises $161M to Launch Full-Service Finance Platform for SaaS, Built in Partnership with Stripe

Arc | January 14, 2022

Arc, the full-service finance platform for SaaS, emerged from stealth with $161 million in total funding from equity and credit investors. In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform. Its introductory product, Arc Advance, allows SaaS founders to seamlessly convert future revenue into upfront capital without dilution at the click of a button. cloud services are among the world’s fastest-growing markets — estimated to reach $400 billion in revenue in 2022 and growing 20%+ year-over-year, according to Gartner. However, innovation in SaaS companies has outpaced the funding solutions supporting them. Historically, high-growth software companies in their earliest stages turn to venture capital and occasionally venture debt to fund their growth. These traditional sources of capital leave startups with expensive and offline solutions that limit their ownership, control, operating flexibility, and ultimately growth. Arc provides SaaS founders with a digitally native tool to fund growth without dilution, tapping into future recurring revenue to pay for operating expenses today. As the full-service finance platform purpose-built for SaaS startups, Arc is building a community of premium software companies where they can borrow, save, and spend all on a single technology platform. Arc is transforming Wall Street for Silicon Valley — marrying the capital available to mature companies with the consumerized technology experience demanded by technology startups. The company is quickly becoming the home for SaaS founders’ finance needs. “Arc provides SaaS startups with the funding alternative they deserve, empowering founders to scale without selling an ownership stake in their business or risking insolvency with legacy credit products. Arc was purpose-built for software founders. Our fintech platform eliminates the friction inherent in traditional capital raising while broadening access to non-dilutive capital, helping founders preserve ownership in the business they’ve worked so hard to build. And this is only the beginning — in the coming months, we'll be launching a full suite of financial tools to empower SaaS founders to scale their businesses efficiently and retain control. We want founders to know that when it comes to accessing and managing capital, Arc has your back.” Don Muir, Arc co-founder & CEO Unlike conventional banks, Arc leverages technology to programmatically underwrite credit risk, allowing Arc to deploy capital to founders in minutes rather than months. Backend API integrations from companies like Plaid enable Arc to rapidly and securely underwrite credit risk through real-time access to a startup’s financial data. Machine learning allows Arc to drastically improve interpretation of the financial information it receives compared to manual analysis alone. Leveraging Stripe’s banking-as-a-service technology, customers can store and spend their funding from Arc on a single platform designed for software companies. By building on top of these technology solutions, Arc has turned financing on its head, allowing founders to borrow against the future revenue of their company and grow efficiently. With Arc, startups can access the capital they need when they need it — without debt or dilution. Technology-driven financing also removes the biases inherent in conservative financial services — leveling the playing field for founders, especially those outside of Silicon Valley. NFX founder James Currier joined Arc’s Board of Directors and led the fund’s investment in Arc. Currier commented, “This is the top team going after this space. They met at Stanford GSB and prior to Arc, built consumerized SaaS software in Silicon Valley as well as raised billions of dollars of debt on Wall Street.” The company has also partnered with Y Combinator, which shares Arc’s mission to help startups grow. Arc was an early member of YC’s Winter 2022 batch, which commenced earlier this week. Jared Friedman, General Partner at Y Combinator, notes, “The Arc team's top-notch execution and the strong market need for this product have caused the YC community to rally behind their success." Since launching last summer, over 100 startups have signed up for the Arc platform. In the fourth quarter of 2021, the company increased its total funding to customers by over 110x — a period where funding was limited to select launch partners and a waitlist proliferated. To date, the largest segment of customers has been VC-backed B2B SaaS companies seeking to accelerate their growth spend while also prolonging their runway before raising additional equity. In addition to NFX and Y Combinator, the equity round also included participation from Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, Will Smith’s Dreamers VC, Soma Capital, Alumni Ventures, Pioneer Fund, and Atalaya Capital Management. Atalaya also provided the credit portion of the investment. A large number of high-profile angel investors also contributed to the round, including over 100 founders from Y Combinator-backed companies such as Vouch, Observe.AI, Eden Workplace, Teleport, RevenueCat, QuickNode, Dover, Middesk, Instabug, and Rainforest QA, as well as multiple founders of decacorn fintechs. The ex-Stripe angel syndicate also invested in the round. About Arc Arc is the full-service finance platform for SaaS, providing software startups with the customized financial products they deserve. Founded in 2021, Arc is on a mission to help startups grow by converting future revenue into upfront capital at the click of a button. The company is based in San Francisco and is funded by NFX, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others.

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Kontrol Technologies Files Preliminary Base Shelf Prospectus

Kontrol Technologies Corp. | December 27, 2021

Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today filed a preliminary base shelf prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario. This filing, when made final, will enable Kontrol to offer, issue and sell up to $20 million of debt securities, common shares, warrants, subscription receipts, and units or a combination thereof from time to time, separately or together, in amounts, at prices and on terms to be determined based on the market conditions at the time of the offering, and as set out in an accompanying prospectus supplement, during the 25 month period that the shelf prospectus, when made final, remains valid. This shelf prospectus is being filed to give Kontrol the flexibility to take advantage of financing opportunities at its discretion when market conditions are favourable. The terms of such future offerings, if any, will be established at the time of such offerings. At the time any of the securities covered by the shelf prospectus are offered for sale, a prospectus supplement containing specific information about the terms of any such offering will be filed with applicable Canadian securities regulatory authorities. About 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, heating, ventilation, and cooling, emission compliance, and air quality.

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