Cloud Security

Rescale Announces Intelligent Computing Automation to Power Engineering Innovation

Rescale, the leader in high performance computing (HPC) built for the cloud to accelerate engineering innovation, announced the availability of key capabilities that help organizations securely automate computational engineering and science workloads across compute architectures, geographies, and infrastructure services, to help them commercialize new product innovations quickly and efficiently.

Businesses recognize the critical role computing plays in delivering engineered products that drive business growth. The rise of computational engineering is creating unprecedented complexity for the R&D computing stack, with the need to securely run multidisciplinary simulations and machine learning workloads across geographies, on specialized hardware architectures, all while ensuring hardware and software licensing capacity and controlling costs. The proliferation of new cloud infrastructure offerings now offer a range of specialized computing architectures with continuously improving performance and cost efficiency. Rescale's new capabilities enable organizations to automate resource decisions based on business goals while minimizing IT risk and empowering engineering efficiency.

"Value-capture potential from cloud-augmented supercomputing operating models will outpace traditional HPC operating models," according to Gartner, Inc.

"Our decision to partner with Rescale is a huge step towards Hankook Tire's true digital transformation," said Bonhee Ku, who is leading the company's R&D innovation efforts as Executive Vice President and Chief Technology Officer. "We are committed to evolving ourselves for the global mobility market; and there is no rest until we champion the future."

Hankook Tire was evolving its R&D strategy and taking next steps to accelerate digital transformation. With Rescale, the company was able to automate its proprietary engineering software across multi-cloud operations by load balancing across different hardware architectures and geographic locations. Through automated optimization, Hankook Tire is able to prioritize running the latest NVIDIA GPU solutions available in Korea, and switch to other new NVIDIA architectures and global cloud capacities seamlessly, without impacting any use by R&D engineers or manual work by IT teams.

"Rescale's cloud control plane approach to hybrid cloud operations enables us to deliver unique capabilities for computational engineering that is simply not possible with traditional approaches, Our ability to automate any application on any infrastructure is now enhanced with industry-leading automation that enables our customers to best manage their software and hardware resources across geographies, hardware architectures, and infrastructure services, so they can securely power engineering innovations while controlling costs."

Edward Hsu, Chief Product Officer at Rescale

Rescale Intelligent Computing Automation enables IT and HPC leaders to automate cloud operations with several key features to help ensure maximum throughput of computational engineering workloads while managing costs.

Software License Utilization Optimization - ensures engineering teams can stay productive even if they are lacking software licenses for their commercial software; works by queuing jobs until software licenses become available.

Global Geo/Region Resource Priority - helps ensure that workloads are running in the right geography, based on cloud provider regional capacity and health; or define policies per data locality needs.

Multi-Architecture Resource Priority - prioritizes compute jobs so that if user or admin-defined architecture is not available for any reason, it fans out to other architectures to ensure continuity of engineering work.

Multi-Service Level Priority - enables organizations to run workloads with prioritization across On Demand Reserve, On Demand Economy, or On Demand Priority, so they can maximize engineering velocity at lowest possible cost.

About Rescale
Rescale is high performance computing built for the cloud, to empower engineers while giving IT security and control. From supersonic jets to personalized medicine, industry leaders are bringing new product innovations to market with unprecedented speed and efficiency with Rescale, a cloud platform delivering intelligent full-stack automation and performance optimization. IT leaders use Rescale to deliver HPC-as-a-Service with a secure control plane to deliver any application, on any architecture, at any scale on their cloud of choice.

About Hankook Tire & Technology Co., Ltd.
With unparalleled pursuit of innovation and technological excellence at its core, Hankook Tire & Technology continues to actively invest in the expansion of its essential capabilities to deliver consumers the utmost satisfaction on the road. Currently operating in over 160 countries, Hankook has eight production sites and five R&D centers around the world, with over 20,000 highly dedicated professionals. Hankook Tire produces exceptional quality, high-performance radial tires for passenger cars, 4x4s, SUVs, light trucks, campers, trucks, buses and motorsport vehicles. Hankook Tire & Technology actively participates in global sustainability initiatives and is committed to making the world a better place to live. Its efforts have been recognized in the Dow Jones Sustainability Indices each year since 2011 (DJSI Korea from 2011 through 2015, DJSI World from 2016) and received the highest rating from EcoVadis Business Sustainability Rating in the past three years starting from 2019.


Other News
Cloud Infrastructure Management

The Manufacturing Sector Experiences More Attacks in the Cloud than Any Other Industry

PR Newswire: | January 19, 2024

Netwrix, a cybersecurity vendor that makes data security easy, today revealed additional findings for the manufacturing sector from its survey of 1,610 IT and security professionals across more than 100 countries. According to the survey, 64% of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months, which is similar to the finding among organizations overall (68%). However, it turned out that the manufacturing sector experiences more cloud infrastructure attacks than any other industry surveyed. Among manufacturing companies that detected an attack, 85% spotted phishing in the cloud compared to only 58% across all verticals; 43% faced user account compromise in the cloud as opposed to 27% among all industries; and 25% dealt with data theft by hackers in the cloud compared to 15% for organizations overall. "The manufacturing sector relies heavily on the cloud to work with their supply chain in real time. This makes their cloud infrastructure a lucrative target for attackers — infiltrating it enables them to move laterally and potentially compromise other linked organizations, as happened to one the world's top meat processing companies. Credential compromise or malware deployed via a phishing email is just the beginning of the attack," says Dirk Schrader, VP of Security Research at Netwrix. "The attack surface in the cloud is always expanding, so it's critical for manufacturing companies to adopt a defense-in-depth approach," adds Ilia Sotnikov, Security Strategist at Netwrix. "First, they must rigorously enforce the principle of least privilege to limit access to sensitive data, which ideally includes just-in-time access to eliminate unnecessary entry points for adversaries. They also need to gain deep visibility into when and how critical data in the cloud is being used so that IT teams can promptly spot potential threats. Finally, they need to be prepared to minimize the damage from incidents by having a comprehensive response strategy that is regularly exercised and updated." To learn more about security trends, check out the complete 2023 Hybrid Security Trends Report. About Netwrix Netwrix makes data security easy. Since 2006, Netwrix solutions have been simplifying the lives of security professionals by enabling them to identify and protect sensitive data to reduce the risk of a breach, and to detect, respond to and recover from attacks, limiting their impact. More than 13,500 organizations worldwide rely on Netwrix solutions to strengthen their security and compliance posture across all three primary attack vectors: data, identity and infrastructure.

Read More

Cloud Storage

TRG Screen Announces Acquisition of Xpansion for Reference Data Usage Management

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 Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen. About Xpansion 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.

Read More