CLOUD APP DEVELOPMENT

Red Hat Improves Customer Preferences for Open Hybrid Cloud Computing

Red Hat | April 29, 2021

Red Hat Improves Customer Preferences for Open Hybrid Cloud Computing
Red Hat declared the development of its open half-breed cloud technology portfolio with new oversaw cloud administrations.

Red Hat OpenShift API Management, Red Hat OpenShift Streams for Apache Kafka, and Red Hat OpenShift Data Science are intended to convey a completely oversaw and smoothed out client experience as associations construct, send, oversee and scale cloud-local applications across cross breed conditions.

These administrations are firmly incorporated with Red Hat OpenShift Dedicated and help relieve the operational intricacies of exceptionally complex current IT conditions without forfeiting engineer efficiency, giving a typical arrangement of abilities across the full expansiveness of the open crossover cloud and on numerous mists.

2020 underlined exactly how basic half and half cloud activities at scale are for CIOs and IT pioneers, particularly when confronted with extending administration interest while keeping up existing framework responsibilities.

To address this new reality, clients and accomplices need adaptability by the way they receive advancements to convey any application, anyplace, without extra overhead or intricacy.

These central cloud administrations shift operational obligation and backing to Red Hat and empower clients to work on cutting-edge applications with an emphasis on appropriating information and empowering API-driven admittance to it.

The new administrations include:
  • Red Hat OpenShift Streams for Apache Kafka, intended to make it simpler to make, find and interface with constant information streams paying little heed to where they exist.
  • Red Hat OpenShift Data Science to offer associations an approach to all the more quickly creating, train, and test AI (ML) models and fare in a compartment prepared configuration.
  • Red Hat OpenShift API Management speeds up an ideal opportunity to esteem and diminishes the operational expense of conveying API-first, microservices-based applications.

Spotlight

"Since announcing its “Cloud First” policy in 2010, the Federal government has correctly identified cloud computing as a way to reduce costs and improve the use of existing assets, and has accordingly prioritized its adoption.1 It has also taken judicious steps to protect Federal networks from nefarious cyber-attacks and promote the dissemination of best practices for cybersecurity. The Federal government has also embraced mobility as a means to conduct work from any location. But until now, the implementation of these initiatives has been fragmented and lacked coordination across Federal agencies. "


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CLOUD APP DEVELOPMENT

AVCtechnologies Announces Filing of Resale Registration Statement as Part of Funding Plan

American Virtual Cloud Technologies, Inc. | January 04, 2022

American Virtual Cloud Technologies announced that it has filed a resale registration statement on Form S-3 as part of several initiatives to raise growth capital and improve liquidity through an increased share float. Pursuant to its recent S-3 filing, AVCtechnologies has completed the registration of 37,916,668 shares which underlie warrants that were previously issued in accordance with previously announced financing transactions. These financings are a critical step in the company’s fundraising plan and will enable it to execute on its strategic growth initiatives such as the recently announced partnerships with Braidio and Etisalat. If all the warrants issued in the previously announced financing transactions are exercised, AVCtechnologies would receive approximately $41 million in incremental cash on its balance sheet, based on the warrant exercise prices, which currently range from $1.50 to $2.00 per share. To date, the Company has already raised approximately $35 million from the previously announced financing transactions. Full exercise of these warrants would also increase the public float of AVCtechnologies stock by nearly 19 million shares, as only half of the registered shares will actually be issued absent any adjustments to the terms of the warrants. The resale registration statements filed in connection with the financing transactions have registered 200% of the number of shares currently issuable upon exercise of the warrants, to comply with obligations under the transaction documents to “over-register” shares to provide for potential repricing of warrant strike prices without the need for additional registration statement filings. No dilution will occur from any non-issued registered shares. “With the latest S-3 filing, Phase I of our funding plan is complete and the Company will benefit from increased liquidity in the marketplace to the extent the remaining warrants are exercised. We are now in position to execute on Phase 2 of our funding strategy, the planned divestiture of Computex Technology Group, the proceeds from which, coupled with the Phase 1 proceeds, are expected to completely eliminate the Company’s debt and fully fund our plan.” Larry Mock, Chairman of the Board of AVCtechnologies Darrell J. Mays, CEO of AVCtechnologies, said, “Any additional capital received from the sale of these securities will be beneficial as we continue to expand our product offerings and accelerate our existing growth strategies with large enterprise customers.” AVCtechnologies previously announced that revenues of its Kandy Business Unit are projected to grow from $14.3 million in 2020 to approximately $18.8 million in 2021 and to more than $37 million in 2022. About American Virtual Cloud Technologies, Inc. American Virtual Cloud Technologies, Inc. is a premier global IT solutions provider offering a comprehensive bundle of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity. Our mission is to provide global technology solutions with a superior customer experience. In 2020, American Virtual Cloud Technologies, Inc., acquired Computex Technology Group and Kandy Communications.

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CLOUD APP DEVELOPMENT

SGI CANADA Subscribes to Guidewire Cloud to Enable Digital Transformation

Guidewire | January 13, 2022

Guidewire announced that SGI CANADA has subscribed to Guidewire InsuranceSuite and Guidewire Live Predict on Guidewire Cloud to power its core operations. SGI CANADA will use the cloud-based InsuranceSuite application to house their corporation’s insurance products. As a cloud-based solution, Guidewire provides increased flexibility and configurability to adapt to changing market needs and customer expectations. In addition, Guidewire Live Predict will provide SGI CANADA actuaries build insights into the company’s business, providing SGI CANADA with a competitive advantage in the market. “By moving to Guidewire, we’re taking a giant step toward a technology solution that will enable SGI to become a true digital insurer. In the competitive market, we sell our products exclusively through our network of broker partners. Our partnership with Guidewire will allow us to best support our brokers in meeting customer expectations and responding to their changing needs.” SGI CANADA Vice President of Digital and Corporate Projects Darlene Schultz Schultz continued, “A cloud-first approach has always been paramount for our digital strategy. What sets SGI CANADA apart from our competitors is our commitment to our broker partners and our strong customer focus. The customer truly is at the center of our business. We see great opportunities to improve and enhance the customer experience.” “We are pleased to welcome SGI CANADA to the Guidewire customer community and Guidewire Cloud,” said Guidewire Group Vice President of Americas Sales Ken Shapiro. “We are humbled by the company’s confidence in our cloud services capabilities to help it adapt to the demands of a rapidly changing marketplace in order to pursue their vision of transforming the insurance experience to promote peace of mind and safer communities.” Guidewire PartnerConnect Consulting member Deloitte is leading the implementation project, leveraging its InsurCloud platform accelerator to implement InsuranceSuite and Live Predict in Guidewire Cloud. Deloitte Canada Industry Solutions partner David Kerr said, “We are honored that SGI CANADA is putting its trust in Deloitte and Guidewire as the foundation for the next phase of their business transformation.” InsurCloud is pre-configured for the Canadian insurance industry and is built to improve speed to market in personal lines, farm, and small commercial product lines, while reducing costs and risk. About SGI CANADA SGI CANADA is the trade name of the property and casualty insurance division of SGI, which offers products in five of Canada's provinces. It operates as SGI CANADA in Saskatchewan, British Columbia, Alberta, Manitoba, and Ontario, and also as Coachman Insurance Company in Ontario. Products are sold through a network of independent insurance brokers. About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire. As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

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test Q&A with ED BREAULT

media7 | March 31, 2020

MEDIA 7: What’s your superpower? ED BREAULT: I would say it’s applying the full spectrum of art and science that is required in marketing today. Not just left or right brained, but whole-brained strategy. Being human yet data-driven and really understanding numbers and (the right) metrics to make connections to business drivers. Add storytelling to that, so I can effectively communicate to my team, the CEO and CFO as well as my Board of Directors on those metrics, and connecting all that we are doing in marketing to the mission of the business. Then quickly shifting gears to the art and creative aspects of marketing that are required to engage an audience and tell great commercial stories that take complex concepts and craft them in a way that is interesting for people to pay attention to. I have to be the ultimate point of truth for the brand.

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LoadSpring Continues to Expand Global Presence with New Australian Data Center

LoadSpring | January 10, 2020

LoadSpring Solutions, Inc., the market leader in providing Cloud-based Project Management Solutions, announces the opening of their newest world-class, Tier 4 data center in Sydney, Australia. This new data center will join our other strategically located data centers around the world to help support our growing business in the Pacific/Asia region. With the growing demand for LoadSpring Solutions, Inc.’s Cloud-based solutions in the APAC region, this new data center reaffirms our commitment to safeguarding our customers’ data security and meeting the performance and support requirements of customers worldwide. Our customer base will also have even more disaster recovery options available locally along with flawless access to their LOADSPRING CLOUD PLATFORM which is our enabling technology.

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Spotlight

"Since announcing its “Cloud First” policy in 2010, the Federal government has correctly identified cloud computing as a way to reduce costs and improve the use of existing assets, and has accordingly prioritized its adoption.1 It has also taken judicious steps to protect Federal networks from nefarious cyber-attacks and promote the dissemination of best practices for cybersecurity. The Federal government has also embraced mobility as a means to conduct work from any location. But until now, the implementation of these initiatives has been fragmented and lacked coordination across Federal agencies. "

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