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Xerox Selects Oracle Cloud to Launch New Businesses Focused on Solving Complex Problems at Scale

Oracle | January 19, 2022

Oracle announced that Xerox, a company continually redefining the workplace experience, selected Oracle Cloud to support the launch of new businesses aiming to solve some of the world's most pressing problems at massive scale. With Oracle Cloud solutions, Xerox is bringing new technologies to market focused on 3D printing for manufacturing, structural health monitoring for critical infrastructure, and augmented reality to improve customer support.

Xerox has been a leader in office and production print technology for more than 100 years. As part of its strategy to address pressing societal issues, Xerox decided to expand its business portfolio by creating new and innovative businesses based on disruptive technologies. However, with its existing IT technology, Xerox had to spend more time than desired to implement the systems needed to support a new business.

"Our vision is to launch breakaway businesses powered by breakthrough technologies as quickly as possible so that we can work to solve these problems facing our planet and society. In order to do that, we needed a unified cloud platform across the entire business. With Oracle Cloud and Oracle NetSuite, we have the underlying foundation in place, which will allow us to operate with agility and speed. We're now able to quickly launch business models and processes on a single platform with no integration required."

 Naresh Shanker, senior vice president and chief technology officer, Xerox

With Oracle Cloud and NetSuite, Xerox's businesses can sell online, create orders, process invoices, track performance, execute financial planning, and send and receive data – without any involvement needed from the IT department. Armed with these Oracle solutions, the new Xerox businesses will be positioned to deliver much-needed capabilities, including industrial IoT to monitor critical infrastructure, 3D printing for manufacturing, and augmented reality for customer support.

"For more than a century, Xerox has been at the forefront of business technology innovation," said Jonathan Tikochinsky, executive vice president, strategic clients group, Oracle. "We're proud to partner with the company as it applies that same dedication and expertise to solving pressing global issues."

Xerox has worked with Deloitte and Infosys to implement a wide range of Oracle Cloud services to fast-track the launch of its innovation businesses and enable them to quickly monetize services. This includes Oracle Fusion Cloud Enterprise Performance Management (EPM) for budgeting and financial planning, NetSuite for finance and accounting, Oracle Commerce for an online storefront, and Oracle Cloud Infrastructure (OCI) for a complete cloud infrastructure platform. In addition to enabling integration in every direction via Oracle Integration, OCI provides Xerox and new businesses with access to a set of data management services built on self-driving Oracle Autonomous Database technology, delivering advanced analytics and automated patching, upgrades, and tuning. Xerox can also tap the power of OCI High Performance Computing when researching potential new businesses, and under OCI's Universal Credits purchasing option, Xerox can mix-and-match any OCI services.

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Xanadu launches first public cloud-deployed computer with quantum computational advantage

Xanadu | June 02, 2022

Xanadu has demonstrated quantum computational advantage using Borealis, their newest photonic quantum computer. It is the first photonic quantum computer offering full programmability of all its gates to demonstrate quantum computational advantage, and the first time that a machine capable of quantum advantage has been made available to the public in the cloud. This achievement, published in Nature, is a significant milestone on the path to building a large-scale, fault-tolerant quantum computer, and a pivotal step in Xanadu's mission to build quantum computers that are useful and available to people everywhere. Quantum computational advantage is achieved when a quantum computer outperforms the world's fastest supercomputers, running the best known algorithms, on a well-defined task. Borealis synthesizes a quantum state of 216 squeezed-state qubits, entangled in three dimensions according to the user's specified program. It then generates samples from this state at a rate exceeding the capabilities of any existing classical supercomputer. Using direct simulation, the fastest supercomputer in the world would take approximately 9,000 years to generate a single such sample, compared to 36 microseconds for Borealis. This runtime advantage is more than 50 million times larger than that of earlier photonic demonstrations. "We are thrilled to have deployed quantum computational advantage on the cloud publicly for the very first time for users around the world, This is another big milestone for quantum computing. And it shows the exceptional talent we have here at Xanadu as well as the ability for photonic quantum computers to scale up." Christian Weedbrook, founder and CEO of Xanadu This demonstration marks the first time quantum computational advantage has been achieved in Canada, and also the first time anywhere by a startup company. Additionally, several technologies developed for this machine solve key challenges in the development of fault-tolerant quantum computers. Such computers have the potential to unlock computational power that will solve an array of intractable problems in fields as diverse as next generation battery development, drug discovery, finance, and logistics. Borealis is accessible to anyone with an internet connection over Xanadu Cloud, and will also be available via Amazon Braket, the fully managed quantum computing service from AWS. "With Borealis on Amazon Braket, for the first time, any researcher or developer will be able to validate a claim of quantum advantage and evaluate how photonic quantum computing may eventually expand their choice of compute technologies, enabling them to innovate more quickly," said Richard Moulds, General Manager of Amazon Braket at AWS. The team at Xanadu continues to focus on the next monumental hurdle in quantum computing — achieving fault-tolerant quantum computation and developing industry-relevant applications. Customers can access Borealis on Xanadu Cloud beginning today or soon via Amazon Braket. About Xanadu: Xanadu is a Canadian quantum technology company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world's leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development.

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Cologix Grows Strategic Partnership with Console Connect

Cologix, Inc | June 21, 2022

Cologix, North America’s leading network-neutral interconnection and hyperscale edge data center company, today announced its continued strategic partnership with Console Connect by PCCW Global by deploying the Console Connect Software Defined Interconnection platform at Cologix’s TOR1 data center in Toronto. This marks Console Connect’s second PoP within Cologix’s Canadian market and interconnection ecosystem. The first became available in December 2021 at Cologix’s MTL7 data center in Montréal. “Through our growing collaboration with Console Connect, we’re excited to offer our Canadian customers additional fast and reliable interconnections at the digital edge to connect with their customers, partners and employees across the globe, Moreover, we provide our customers with choice and flexibility through our interconnection ecosystem of 600+ networks, 300+ cloud providers and 30+ onramps across the U.S. and Canada. We look forward to future business initiatives with Console Connect.” Sean Maskell, President and General Manager, Cologix Canada The Cologix and Console Connect partnership enables Cologix’s customers to securely and directly connect to Console Connect’s Network-as-a-Service (NaaS) platform, providing accessibility to the international connectivity of 850+ data centers in over 50 countries. Specifically, within Cologix’s TOR1 facility, businesses can access 150+ unique networks with low latency connectivity powered by high-count, diverse and scalable fiber. The facility also delivers access to Cologix’s four additional data centers in Toronto with direct onramps to cloud services and a network-dense ecosystem with 200+ Canadian-based networks. The Console Connect self-service portal allows customers to quote, order, deliver and manage their network connections to all major hyperscale cloud providers, such as Amazon Web Services Direct Connect, Alibaba Cloud, Google Cloud Interconnect, IBM Cloud, Microsoft Azure ExpressRoute and more. “We’re thrilled to grow the availability of our extensive and resilient platform with Cologix in Canada. First, in Montréal, and now, Toronto,” said Michael Glynn, Senior Vice President of Digital Automated Innovation at Console Connect. “Our Console Connect platform delivers uncontended service with assured quality of service and the ability to scale and flex high-speed connectivity on-demand. We deliver higher levels of network performance, speed and security to meet customers’ immediate digital needs." About Cologix Inc. Cologix provides carrier- and cloud-neutral hyperscale edge data centers and services across North America. Cologix is the interconnection hub for cloud service providers, carriers and a rich ecosystem of partners who want to deploy applications at the very edge across Canada and the U.S. With a growing portfolio of next generation facilities that meet the unique requirements for hyperscale growth with deep connectivity, Cologix offers massive scale and tailor-made data center solutions to accelerate customers’ digital transformation. For on-demand connectivity for scale and control, Cologix Access Marketplace provides fast, reliable, self-service provisioning.

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Snowflake and Carahsoft Team to Streamline the Procurement of Snowflake Data Cloud in AWS Marketplace

Snowflake | June 03, 2022

Snowflake the Data Cloud company, today announced that it has authorized Carahsoft as an Amazon Web Services (AWS) Marketplace Distributor Seller of Record (DSOR), which can help streamline the procurement process for public sector agencies who wish to leverage the Snowflake Data Cloud. Snowflake will work with Carahsoft, The Trusted Government IT Solutions Provider®, and its resellers to enable public sector agencies to quickly obtain and implement Snowflake’s technology in the AWS Marketplace to easily transform, integrate, and analyze their data. As Snowflake’s AWS distributor, Carahsoft can authorize any reseller who is a member of the Snowflake Partner Network to transact Snowflake in the AWS Marketplace. This can reduce lengthy procurement cycles, provides unified billing through AWS, and allows public sector customers to utilize their existing AWS contract commitments for their Snowflake purchases. As public sector agencies continue to advance their digital transformation journeys, transferring their data to the cloud enables employees to effectively carry out their missions, engage in better intra-agency collaboration, and efficiently serve constituents and citizens. With Snowflake, U.S. public sector agencies have access to the single, secure platform with Federal Risk and Authorization Management Program (FedRAMP) Moderate Authorization to Operate (ATO) that can be used in certain AWS Regions. With the Snowflake Data Cloud, agencies can modernize their IT and utilize data collaboration to centralize, refresh, and securely share their data across and between agencies to leverage near real-time insights to make data-driven decisions as they carry out their missions. Snowflake and AWS support thousands of joint customers in both the private and public sector, including the City of San Francisco and various federal agencies. “We are excited to expand Snowflake’s availability via the AWS Marketplace to bring the power of the Snowflake Data Cloud to additional public sector customers through our reseller partners,” said Craig P. Abod, Carahsoft President. “Agencies are now able to easily access solutions that break down existing data silos to better focus on mission outcomes and the constituent experience.” “Every government organization is looking for better ways to secure, share and make data-based decisions to more effectively serve each of us, Our expanded relationship with AWS and Carahsoft aims to streamline the procurement process and offer faster time to value for government agencies looking to rearchitect their cloud data strategy.” Ted Girard, VP of Public Sector Sales at Snowflake About Snowflake Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries, including 506 of the 2021 Forbes Global 2000 (G2K) as of April 30, 2022, use Snowflake Data Cloud to power their businesses.

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Innovations in 5G Technology Create New Possibilities for Cloud Computing

FinancialBuzz.com | July 04, 2022

The implementation of 5G continues to grow quickly. The two main factors contributing to the swift adoption of the technology are the constant construction of 5G infrastructure and the growing use of smartphones around the world and particularly in developing economies. According to research by J.P. Morgan, Northeast Asia is leading the global adoption of 5G technology. Additionally, 5G adoption is projected to help accelerate the Internet of Things (IoT) in the region. By 2025, Japan and South Korea are expected to see 150 million IoT connections, which is +29% in terms of compound annual growth rate (CAGR). China, meanwhile, is expected to see 2.5 billion connections (+13% CAGR). uCloudlink Group Inc. (NASDAQ: UCL), AT & T, Inc. (NYSE: T), Marvell Technology, Inc. (NASDAQ: MRVL), DISH Network Corp. (NASDAQ: DISH), SK Telecom Co.,Ltd. 5G is also expected to affect various other innovative tech sectors, like the AR/VR market and the cloud computing industry. Generally, the global market for cloud computing is being propelled forward by newly emerging technologies such as big data, artificial intelligence (AI), and machine learning (ML). Meanwhile, the expansion of cloud computing services has grown due to several factors such as the protection of sensitive data, the acceleration of disaster recovery (DR), and the fulfilling of regulatory mandates. uCloudlink Group Inc. announced last week breaking news that, "the Company's operating subsidiary, HONG KONG UCLOUDLINK NETWORK TECHNOLOGY LIMITED has inked an agreement with SAN VENTURE SERVICE GMBH ("SAN Group"), a biotechnology company headquartered in Austria. Under the agreement, SAN Group will utilize UCLOUDLINK's data connectivity services and related products to allow its employees to have access to high-quality data connections at anytime and anywhere. UCLOUDLINK has been the partner for various companies across Europe such as in the financial and car rental industries, as UCLOUDLINK continues to broaden its user base in Europe. As the leisure and corporate travel gradually recover, UCLOUDLINK's data connectivity services and related products will support SAN Group's employees with seamless data connection while working remotely or on international business trips — allowing them to obtain a high-quality data connection while reducing the cost of roaming. Like SAN Group, enterprises with a large number of employees who travel internationally frequently, now can address their employees' mobile data connectivity issues with UCLOUDLINK's solutions, which ensure a reliable, high-quality and innovative mobile data connection, allowing them to drive greater efficiency and maximize business-trip returns. Furthermore, UCLOUDLINK has also engaged in continued research and development to strengthen its technical advantages. UCLOUDLINK has developed global 5G roaming solutions which enable users to enjoy high-speed and reliable data connectivity services worldwide. Meanwhile, by leveraging its patented cloud SIM technology and hyper-connectivity solution, UCLOUDLINK's PaaS and SaaS platform will help improve data connectivity services and bring convenience to all its users and business partners from different industries. To fulfill the increasing demands from more and more enterprises for faster and better data connectivity services used locally and internationally, UCLOUDLINK will continue its ongoing business strategy of consciously shifting its business focus to the development of PaaS and SaaS platform centric service and ecosystem, enabling its business partners and users to transform from "connected" to "better connection" with its core innovative technologies, extensive solutions, services and related products." AT & T, Inc. announced in a blog post on June 7th, participation in the Department of Defense Demonstration of 5g-enabled Smart Warehouse Solutions at Naval Base Coronado. The demonstrations occurred at Naval Base Coronado in San Diego where the smart warehouse concept is being explored by DoD. AT&T's private 5G network at the base delivered data throughput speeds of 3.9 gigabits per second with less than 10 milliseconds of latency when powering the demonstrations. Lance Spencer, Client Executive Vice President – Defense, AT&T Public Sector and FirstNet said, "The AT&T 5G-powered solution we've delivered at Naval Base Coronado is a first of its kind, high-performance, highly secure, and scalable private network solution. We expect it will serve as the foundation for improved efficiency, timeliness, accuracy, security, and safety of Naval warehouse operations." Marvell Technology, Inc. announced on May 9th, a definitive agreement to acquire privately-held Tanzanite Silicon Solutions, Inc., a leading developer of advanced Compute Express Link™ (CXL™) technologies, in an all-cash transaction. Marvell's on-going data center-focused investments, including in its CXL solutions, have expanded the company's addressable market to advance the industry's most comprehensive portfolio of cloud-optimized silicon solutions. With today's announced acquisition, Marvell strengthens its CXL development initiatives. "We believe that CXL will be a significant game-changer in enabling optimal resource utilization in next generation data centers, and the acquisition of Tanzanite advances our abilities to address our customers' most challenging issues," said Dan Christman, Executive Vice President, Storage Products Group, Marvell. "Marvell's investment underscores our commitment to deliver on the promise of CXL across our industry-leading cloud portfolio spanning compute, electro-optics, networking, security and storage." DISH Network Corp. announced on June 15th, 5G broadband service availability to over 20% of the U.S. population. "This is a big moment for DISH as we connect customers across the country with America's first and only cloud-native Open RAN network, This milestone was achieved through the collaboration, ingenuity and hard work of the DISH team and our numerous partners, including AWS, Cisco, CommScope, Dell, Fujitsu, Intel, JMA, Mavenir, Nokia, Oracle, Palo Alto, Qualcomm, Samsung and VMware. We're the only major network in the world built primarily with American vendors." "This is an important step forward in our work to connect Americans to our Smart 5G™ network, but it's only the beginning," said John Swieringa, president and chief operating officer, DISH Wireless. "We continue to focus on building out more coverage and bringing innovative 5G services and solutions to our customers." Dave Mayo, Executive Vice President of Network Development, DISH Wireless SK Telecom Co.,Ltd , in collaboration with Dell Technologies, announced on March 28th, that it has launched an enterprise 5G mobile edge computing (MEC) solution named 'Petasus', and aims to gain an edge in the global MEC market. "Our collaboration with SK Telecom gives enterprises the capability to quickly act on data at where it resides, at the edge, to deliver better business outcomes," said Dennis Hoffman, Senior Vice President and General Manager, Dell Technologies Telecom Systems Business. "By combining the power of edge computing with private 5G, businesses can develop new revenue-generating services and better customer experiences." "Our 5G MEC technology has a huge potential as it can help boost the adoption of 5G services across the globe," said Jihn-woo Kim, Vice President and Head of Global Business at SKT. "We will make accelerated efforts to enrich the global 5G MEC ecosystem by working closely with Dell Technologies to develop industry-leading technologies and introduce diverse products, and expanding into the software-as-a-service business in partnership with many Korean and overseas companies." About FinancialBuzz.com FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

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