Infrastructure Management - AI-Tech Park https://ai-techpark.com AI, ML, IoT, Cybersecurity News & Trend Analysis, Interviews Tue, 11 Jun 2024 07:16:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://ai-techpark.com/wp-content/uploads/2017/11/cropped-ai_fav-32x32.png Infrastructure Management - AI-Tech Park https://ai-techpark.com 32 32 ZT Systems Announces ACX200 Solutions with NVIDIA GB200 Grace Blackwell Superchips https://ai-techpark.com/zt-systems-announces-acx200-solutions-with-nvidia-gb200-grace-blackwell-superchips/ Mon, 10 Jun 2024 12:15:00 +0000 https://ai-techpark.com/?p=168867 Rack-Level ZT Platform Powered by NVIDIA GB200 Grace Blackwell Superchips Enables Trillion-Parameter Inference and Training for Generative AI ZT Systems, a leading provider of accelerated computing solutions for artificial intelligence (AI) and cloud, today announced its ACX200 platform featuring the NVIDIA GB200 Grace Blackwell Superchip. Powered by NVIDIA Blackwell Tensor...

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Rack-Level ZT Platform Powered by NVIDIA GB200 Grace Blackwell Superchips Enables Trillion-Parameter Inference and Training for Generative AI

ZT Systems, a leading provider of accelerated computing solutions for artificial intelligence (AI) and cloud, today announced its ACX200 platform featuring the NVIDIA GB200 Grace Blackwell Superchip. Powered by NVIDIA Blackwell Tensor Core GPUs and NVIDIA Grace CPUs interconnected via lightning-fast NVIDIA NVLink technology, the ZT Systems ACX200 is a liquid-cooled rack-integrated server platform for accelerated computing. Combining NVIDIA Blackwell GPUs with ZT’s hyperscale-focused design, manufacturing, integration, and deployment capabilities, this platform enables cutting-edge accelerated computing for exascale AI training and inference workloads.

“The ZT Systems ACX200 accelerates our customers’ capability to deliver AI at unprecedented scale, with dramatically improved performance and energy efficiency,” said Tom Lattin, ZT Systems VP, Platform Engineering. “This system is designed to help the most advanced service providers harness the power of NVIDIA Blackwell as they roll out next-generation artificial intelligence applications. With innovative rack- and cluster-level configurations optimized for their workloads and ZT’s worldwide deployment expertise, customers can rapidly operationalize this powerful technology across their global datacenter footprints.”

“ZT has developed innovative accelerated platform server solutions, featuring the newly released NVIDIA Blackwell architecture, for hyperscale customers, providing groundbreaking performance to help solve some of the world’s most complex challenges,” said Kaustubh Sanghani, vice president of GPU product management at NVIDIA.

Purpose-built to meet the vast compute requirements of today’s most advanced generative AI applications, the ZT Systems ACX200 platform incorporates compute trays containing a combination of Blackwell GPUs and Grace CPUs. Fifth-generation NVIDIA NVLink switch trays and specialized cable cartridges provide high-bandwidth and low-latency connections between GPUs, enabling the entire ACX200 system to function as a single massive GPU. With direct-to-chip liquid cooling integrated at the server and rack level, the versatile ZT Systems ACX200 platform can be deployed with liquid-to-liquid or liquid-to-air cooling distribution units (CDUs) across a wide range of datacenters.

ZT Systems maintains a strong working relationship with NVIDIA, as a design, manufacturing, and deployment partner, helping bring platforms featuring the latest GPU technology to market quickly. ZT accelerated computing solutions begin with close, confidential customer engagement to establish requirements, leveraging the company’s extensive experience with hyperscale workloads and supply chain considerations. Application-tailored platforms are produced reliably with consistent quality thanks to ZT’s controlled manufacturing processes and unique validation capabilities. Global delivery, service, and support capabilities ensure rapid deployment and dependable operation throughout every product’s lifecycle.

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ITCM Expands with Value Logic Acquisition https://ai-techpark.com/itcm-expands-with-value-logic-acquisition/ Fri, 07 Jun 2024 08:15:00 +0000 https://ai-techpark.com/?p=168687 The managed service provider and the computer hardware, software and networks consultant offer complementary knowledge and experience to businesses in San Diego County and nationwide ITCM, a San Diego-based leading technology solution provider, announced today the acquisition of Value Logic, Inc., an IT managed service provider (MSP), to further strengthen its diverse service offerings. This is...

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The managed service provider and the computer hardware, software and networks consultant offer complementary knowledge and experience to businesses in San Diego County and nationwide

ITCM, a San Diego-based leading technology solution provider, announced today the acquisition of Value Logic, Inc., an IT managed service provider (MSP), to further strengthen its diverse service offerings. This is the fourth MSP that ITCM has acquired, and one poised to solidify the company as a trusted outsourced partner for network, cloud, infrastructure management, software development and security expertise.

With a strong company culture and emphasis on collaboration, ITCM has expanded from a modest MSP to a one-stop industry leader focused on empowering people and companies to grow. The acquisition of Value Logic expands the ITCM team’s experience and depth of knowledge, adding IQMS implementation and maintenance expertise to its offerings. With this, ITCM has the capabilities, culture, integrity and human capital to meet customers’ evolving needs and continue expanding.

Carlsbad-based Value Logic, which for 25 years has optimized IT infrastructures by providing efficient, secure and affordable IT services including voice/data support, data management, boosted security and round-the-clock IT support, complements ITCM and the company’s core values.

“Through our synergy with the Value Logic leadership and engineers, we gain manufacturing industry knowledge, key processes and procedures, and important distribution relationships that will enhance our level of service,” said Jorge Ruiz de Castilla, ITCM CEO. “The benefit to customers is a single point of contact, quicker turnaround time, streamlined standardization, increased breadth of services, broader cybersecurity expertise and, most of all, peace of mind.”

Hossein Rabiyan, Value Logic CEO, said, “We were drawn to ITCM’s deep understanding of IT, in addition to the company’s openness to new methods and ideas, respect for our team and knowledge base, and commitment to its customers. We look forward to rolling up our sleeves and working together to exceed client expectations.”

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MSI Unveils New AI and Computing Platforms with 4th Gen AMD EPYC™ Processors https://ai-techpark.com/msi-unveils-new-ai-and-computing-platforms-with-4th-gen-amd-epyc-processors/ Mon, 03 Jun 2024 14:30:00 +0000 https://ai-techpark.com/?p=168217 MSI, a leading global server provider, will introduce its latest server platforms based on the 4th Gen AMD EPYC™ processors at Computex 2024, booth #M0806 in Taipei, Taiwan, from June 4-7. These new platforms, designed for growing cloud-native environments, deliver a combination of performance and efficiency for data centers. “Leveraging the advantages of 4th...

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MSI, a leading global server provider, will introduce its latest server platforms based on the 4th Gen AMD EPYC™ processors at Computex 2024, booth #M0806 in Taipei, Taiwan, from June 4-7. These new platforms, designed for growing cloud-native environments, deliver a combination of performance and efficiency for data centers.

“Leveraging the advantages of 4th Gen AMD EPYC processors, MSI’s latest server platforms feature scalability and flexibility with new adoption of CXL technology and DC-MHS architecture, helping data centers achieve the most scalable cloud applications while delivering leading performance,” said Danny Hsu, General Manager of Enterprise Platform Solutions.

New CXL Memory Expansion Server Redefines High-Performance Computing
Collaborating with leading CXL (Compute Express Link) technology players like AMD, Samsung, and Micron, MSI and its partners are advancing CXL solutions for extensive AI training and HPC applications.

The new S2301 CXL memory expansion server is tailored for data-intensive workloads and in-memory databases. Powered by dual-socket 4th Gen AMD EPYC CPUs and ready for select next-generation AMD EPYC CPUs, this 2U server features CXL 2.0 standards, 24 DDR5 DIMM slots and two PCIe 5.0 x16 slots. The system includes eight E3.S 2T drive bays for CXL memory and eight E3.S 1T bays for NVMe storage, enabling memory expansion up to 8TB.

Diverse GPU Platforms Designed for AI and Cloud Markets
The 4U 4-GPU G4101 is a high-performance, GPU-accelerated rack-mounted workstation. It supports a single AMD EPYC 9004 Series processor with liquid cooling, twelve DDR5 RDIMM slots, four PCIe 5.0 x16 slots for triple-slot GPUs, and twelve 2.5-inch U.2 NVMe/SATA drive bays. It features airflow spacing and liquid closed-loop cooling for optimal thermal management and sustained performance.

The CX271-S4056 is a 2U all-flash platform that supports two double-wide slots for GPU cards. This system features a single-socket AMD EPYC 9004 Series processor, two OCP NIC 3.0 mezzanine slots, and up to 24 2.5-inch PCIe 5.0 U.2 NVMe drive bays to accelerate processing speeds and deliver superior performance across applications, such as AI inferencing.

Multi-Node Server Platforms for High-Density Cloud and Data Center Environments
MSI offers two multi-node server platforms, the CD360-S4051-X2 and CD260-S4051-X4, designed for high-density cloud and data center environments.

The CD360-S4051-X2 is a 3U 2-node server platform designed for next-generation high TDP server processors. Each node includes one AMD EPYC processor, twelve DDR5 RDIMM slots, two optional double-wide PCIe 5.0 x16 slots for GPU cards, one OCP NIC 3.0 mezzanine slot, two NVMe M.2 ports, and three 2.5-inch U.2 NVMe drive bays.

The CD260-S4051-X4 is a 2U 4-node server platform. Each node supports one AMD EPYC processor, twelve DDR5 RDIMM slots, two NVMe M.2 slots, one OCP NIC 3.0 mezzanine slot, and three 2.5-inch U.2 NVMe.

With a front I/O design based on OCP DC-MHS M-DNO architecture and support for the DC-SCM2 Server Management Module with Aspeed AST2600 BMC, MSI’s new systems enable enhanced server serviceability and management flexibility.

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New Relic Report Shows IT Industries Embraces AI and Cloud https://ai-techpark.com/new-relic-report-shows-it-industries-embraces-ai-and-cloud/ Thu, 30 May 2024 08:15:00 +0000 https://ai-techpark.com/?p=167898 New Relic State of Observability for IT and Telecommunications report shows 43% of respondents say the adoption of AI technologies are driving the need for observability, and 56% have a preference for a single observability platform New Relic, the all-in-one observability platform for every engineer, published its State of Observability for...

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New Relic State of Observability for IT and Telecommunications report shows 43% of respondents say the adoption of AI technologies are driving the need for observability, and 56% have a preference for a single observability platform

New Relic, the all-in-one observability platform for every engineer, published its State of Observability for IT and Telecommunications report, which offers insights and analysis on the adoption and business value of observability for the IT and telecommunications (telco) industry. The report is based on insights from 423 technology professionals and was developed in association with the 2023 Observability Forecast. It reveals organizations are facing costly outages and adopting observability to improve cross-team collaboration and strategic decision making.

The report highlights the importance of implementing full-stack observability, with the top trends driving adoption being the development of cloud-native application architectures (48%), adoption of AI technologies (43%), migration to a multi-cloud environment (40%), and an increased focus on customer experience management (39%). The report findings also show that IT and telco organizations understand the business value of observability, with 55% of respondents noting that observability improves collaboration and decision making.

“The IT and telco industries are going through mammoth change. Those with legacy infrastructure must modernize and implement rapid digital transformation initiatives to keep pace with their digital-native counterparts,” said New Relic Chief Design and Strategy Officer Peter Pezaris. “There is a customer expectation that the benefits of new technologies like 6G, edge computing, and AI are made available to them, all while current service levels are maintained or exceeded. In such a high stakes environment, full-stack observability is crucial, and IT and telco providers should leverage it to capitalize on these advancements.”

Observability and AI create industry leading advantages

Close to half (43%) of IT and telco organizations said AI technologies were driving observability adoption. When organizations integrate observability with AI, they position themselves at the forefront of technological innovation by addressing the challenge of sprawling data sets and improving operational efficiency. Observability is crucial to the success of AI, as it helps teams to understand their telemetry data, how to improve MTTR, and enables developers to easily apply fixes to code-level errors in their integrated development environment (IDE). It increases automation for rapid alerts, while improving incident detection and resolution.

Tool consolidation is key to reducing outages

The report uncovered that IT and telco organizations have higher outage frequencies compared to other industries, with 37% experiencing outages at least once a week compared to the industry average of 32%. This adds up to a median annual outage cost of $12.71 million, which emphasizes the critical need for improved monitoring and rapid issue-resolution capabilities.

IT and telco organizations were more likely than average to use multiple monitoring tools, with more than two-thirds (69%) using four or more tools for observability compared to 63% overall. This indicates that engineering teams are spending significant time and money tool-hopping to better understand the different aspects of their business and to resolve the issues that lead to costly outages and poor customer experiences.

Additionally, there was a prevailing preference among respondents for a single, consolidated platform (56%), with just over two-fifths (41%) saying that their organization was likely to consolidate tools in the next year to maximize their observability spend.

Security and DCX are essential components to success

System security is crucial in all industries, but especially to IT and telco organizations that operate critical infrastructure. Most (96%) plan to use security monitoring by mid-2026, demonstrating that system security maintenance is a primary focus.

Additionally, digital customer experience (DCX) continues to be a paramount consideration as organizations face unprecedented opportunities to engage with customers in new ways. IT and telco providers can use digital experience monitoring (DEM) to capitalize on these opportunities by tracking and optimizing performance and reliability to deliver flawless experiences through real user monitoring (RUM). Nearly half (45%) of IT/telco respondents expected to deploy synthetic monitoring in the next one to three years, 36% expected to deploy mobile monitoring, and 23% expected to deploy browser monitoring.

“My teams aren’t disconnected or buried in the complexity of our services, alerts, logs, or data. Our integration platform gives one clear view, so issues can be identified and fixed before it impacts our customers. That’s what truly matters,” said Skyscanner Principal Software Engineer Daniel Gomez Blanco.

For more information, view the State of Observability for IT and Telco report.

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OpsMill Transforms Infrastructure Automation with Open Source Infrahub https://ai-techpark.com/opsmill-transforms-infrastructure-automation-with-open-source-infrahub/ Wed, 29 May 2024 10:45:00 +0000 https://ai-techpark.com/?p=167821 Infrahub brings the worlds of infrastructure-as-code and infrastructure management together in a single platform OpsMill, a pioneer in infrastructure and network automation, today announced the beta release of its open source Infrahub platform. Infrahub unifies previously disparate automation capabilities into a single platform, enabling IT teams to transform all their...

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Infrahub brings the worlds of infrastructure-as-code and infrastructure management together in a single platform

OpsMill, a pioneer in infrastructure and network automation, today announced the beta release of its open source Infrahub platform. Infrahub unifies previously disparate automation capabilities into a single platform, enabling IT teams to transform all their data center, cloud, network, and security infrastructure operations with scalable and consumable automation.

“I’ve spent years building automation systems for infrastructure and network management across a variety of organizations. At every stop, I encountered the same challenges: Managing network and cloud infrastructure required the use of a confusing, cumbersome, costly mix of solutions. These tools were always hampered by serious technical limitations, such as inflexible data models,” said Damien Garros, CEO and co-Founder, OpsMill. “With the release of Infrahub’s open beta, we’ve drawn on years of experience to solve those challenges. This is the first platform that unites the GitOps Infrastructure-as-Code approach with an extensible structured data model. By combining these two approaches, Infrahub frees infrastructure and automation teams from having to integrate and maintain a fragile set of tools. Instead, they can focus on driving innovation through better automation.”

Infrastructure automation has suffered from an unhelpful divide between GitOps and traditional infrastructure management approaches that prevents teams from gaining the critical advantages and best practices of both approaches. GitOps, an automation approach used by many software development teams, offers version control and continuous integration (CI) validation, which are critical for maintaining an accurate data model while scaling automation use. However, GitOps doesn’t offer a structured data model that most easily represents IT infrastructure components and their many inter-linkages. Traditional infrastructure management approaches offer infrastructure-friendly structured databases, but don’t include version control or CI, and are constrained by fixed data models that limit their flexibility.

Infrahub unifies the best of both worlds in a single platform, including the following key capabilities:

  • Extensible Graph Database: Infrahub overcomes the limitations of source-of-truth databases that come with fixed schemas. It is built on an extensible, knowledge-graph database that is ideal for representing and querying the many interrelationships between infrastructure components. Infrahub’s flexible data model means that it can scale across data centers, clouds, networks, and security infrastructure and use cases.
  • Version Control: Infrahub makes versioning possible for your entire data model and all the data populated into that model. This means that multiple members of your team can, in parallel, create a branch of the entire infrastructure database, update an infrastructure component in the database in order to generate configuration files for a network change, then merge the updates back into the database. Native versioning of a centralized and extensible infrastructure database is a key innovation of Infrahub.
  • Artifact Rendering: Infrahub doesn’t leave you alone in managing the generation of artifacts such as configuration files or reporting data files. It includes native artifact rendering as a native platform capability.
  • Continuous Integration (CI): Infrahub has built in the process for performing CI validations to ensure quality control over configuration and data changes.

“As someone who has engineered large backbone networks and helped build a company that relied on extensive network and cloud infrastructure, I’ve seen firsthand how much organizations struggle with scalable and maintainable automation,” said Raphael Maunier, COO and co-Founder, OpsMill. “Infrastructure teams often need their own dev teams just to gather data and build infrastructure, leading to high maintenance costs and slowed innovation. OpsMill was founded to change this. Infrahub provides all the key elements for scalable infrastructure and network automation success, allowing teams to focus on innovation instead of maintaining custom software.”

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Avant Tech enlists Wired4Tech to assess Next Gen AI Server. https://ai-techpark.com/avant-tech-enlists-wired4tech-to-assess-next-gen-ai-server/ Tue, 28 May 2024 11:45:00 +0000 https://ai-techpark.com/?p=167746 Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), a leading innovator and enabler of AI infrastructure technology, announces its engagement with Wired4Tech, a renowned AI infrastructure consulting firm. As part of its existing technology services agreement with Wired4Tech, Avant Technologies has engaged Wired4Tech to conduct comprehensive performance benchmarking of a...

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Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), a leading innovator and enabler of AI infrastructure technology, announces its engagement with Wired4Tech, a renowned AI infrastructure consulting firm.

As part of its existing technology services agreement with Wired4Tech, Avant Technologies has engaged Wired4Tech to conduct comprehensive performance benchmarking of a next-generation AI cloud server that Avant is evaluating for future use in its AI data center cloud infrastructure.

Wired4Tech’s performance benchmarking will encompass a range of crucial metrics, including response time, throughput, CPU and memory usage, disk I/O, network latency, and error rates. These metrics are essential for assessing the server’s ability to handle complex AI workloads efficiently and reliably. Additionally, Wired4Tech will measure the server’s power consumption and anticipated cost savings.

Response time will be evaluated to measure the speed at which the server responds to various actions, providing insight into its overall responsiveness. Throughput analysis will assess the server’s data transfer capabilities, considering factors such as file size, cached or uncached content, and available network bandwidth.

Furthermore, CPU and memory usage will be closely monitored to gauge the server’s processing power and memory management efficiency. Disk I/O performance will be evaluated to ensure smooth data access and storage operations, while network latency measurements will provide valuable information on the server’s communication speed with external systems.

“We are excited to engage Wired4Tech to benchmark the performance of an innovative, next-generation AI server,” said William Hisey, Chief Executive Officer, at Avant Technologies. “By conducting rigorous benchmark testing of this promising server technology, we expect to validate its expected performance and cost-saving benefits.”

The results of the benchmark testing will enable Avant Technologies to further execute on its AI infrastructure business strategy.

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Introducing KR1280V2: 1U server, 32 E1.S SSDs, boosts LLM training I/O https://ai-techpark.com/introducing-kr1280v2-1u-server-32-e1-s-ssds-boosts-llm-training-i-o/ Mon, 27 May 2024 09:30:00 +0000 https://ai-techpark.com/?p=167572 The KR1280V2, a 1U 2-socket high-density server, is ideal for compute-intensive applications like high-performance computing and high-frequency trading. It meets data centers’ low-PUE requirements with advanced cooling solutions, including EVAC heatsink air cooling, cold-plated liquid cooling, and immersion liquid cooling. KAYTUS, a leading IT infrastructure provider, introduced at ISC High...

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The KR1280V2, a 1U 2-socket high-density server, is ideal for compute-intensive applications like high-performance computing and high-frequency trading. It meets data centers’ low-PUE requirements with advanced cooling solutions, including EVAC heatsink air cooling, cold-plated liquid cooling, and immersion liquid cooling.

KAYTUS, a leading IT infrastructure provider, introduced at ISC High Performance 2024 its high-density computing server KR1280V2. It supports 32 E1.S SSDs, achieving an impressive flash memory density of 512TB in a 1U form factor. Compared to the last generation, KR1280V2 adopts low latency storage and network design, doubling the high concurrency I/O performance for LLM training scenarios, and improving model training efficiency.

This 1U2S flagship server is powered by the latest Intel, AMD, or ARM processors. The KR1280V2 features an optimized cooling strategy to support CPUs with the highest TDP across platforms, without configuration restrictions. It also introduces a novel front I/O configuration, enhancing scalability with 8 PCIe 5.0 expansion cards and improving maintenance efficiency in data centers. The server’s drive tray type has been optimized to offer an innovative storage configuration of 12 front SFF drives, increasing storage density by 20%.

Supports 32 E1.S SSDs without performance degradation, delivering tens of millions IOPS

Powered by 5th Gen Intel® Xeon® processors and boasting remarkable computing density, the KR1280V2 supports up to 32 all-flash E1.S SSDs directly connected to CPUs within a 1U form factor. This configuration harnesses the full I/O rate of PCIe 5.0, maximizing throughput between CPUs and storage, achieving up to 160GB/s storage throughput. With load balancing across two OCP 3.0 cards, it doubles network bandwidth, catering to diverse data storage and processing needs while enhancing overall computing performance by 60%.

With ultimate flash memory density, the KR1280V2 effectively doubles LLMs’ high concurrency performance

The KR1280V2 achieves tens of millions of IOPS performance in distributed storage scenarios, marking a remarkable 77% improvement. Deploying KR1280V2 servers for large-scale LLMs training ensures a twofold increase in high-concurrency I/O performance compared to the previous generation. As the number of GPUs and workload increases, the KR1280V2’s latency curve becomes smoother and more predictable, demonstrating a notable 13% improvement in data latency also compared to the prior generation. These significant advancements enhance data preparation efficiency, model training, and data management while reducing wasted storage space. Consequently, it delivers robust storage capacity and performance for innovative LLM applications and better supports Java-based business scenarios requiring massive data, low latency, and high concurrency, such as in finance, cloud services, enterprises, and other data center applications.

Optimized cooling technologies and exceptional business reliability and sustainability

In terms of heat dissipation, the KR1280V2 supports multiple cooling methods, including EVAC heatsink air cooling, cold-plated liquid cooling, and single-phase immersion liquid cooling. It achieves an 8% to 12% power reduction through fan partition regulation, one-click BIOS optimization, and other techniques across 17 energy-efficient scenarios. Additionally, the KR1280V2 employs numerous advanced technologies to enhance stability and security. It introduces the exceptional MUPR2.0 early detection memory fault function, which utilizes a more comprehensive memory scrubbing technique to self-check and fix memory faults, achieving a broader range of error correction and a higher level of system protection. Consequently, the system’s downtime rate is 69% lower than the industry average.

To learn more about the KAYTUS KR1280V2 high-density server, please visit the website.

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Demand Charge Mitigation Strategies for EV Chargers: New Report https://ai-techpark.com/demand-charge-mitigation-strategies-for-ev-chargers-new-report/ Thu, 07 Mar 2024 12:40:00 +0000 https://ai-techpark.com/?p=157668 The Transportation Energy Institute’s Electric Vehicle Council (EVC), comprised of more than 60 stakeholder organizations, today released a new study, Demand Charge Mitigation Strategies for EV Chargers to evaluate the potential effects of different strategies on various stakeholders, including utilities, EV charger site hosts and EV drivers. Most experts realize...

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The Transportation Energy Institute’s Electric Vehicle Council (EVC), comprised of more than 60 stakeholder organizations, today released a new study, Demand Charge Mitigation Strategies for EV Chargers to evaluate the potential effects of different strategies on various stakeholders, including utilities, EV charger site hosts and EV drivers.

Most experts realize establishing a robust and reliable public charging infrastructure to support the growing number of electric vehicles (EVs) on the roads will require a viable business model to encourage investment by private enterprise. High operating costs can make it difficult for charging station site hosts to recover costs or operate profitably.  Stakeholders, including many utilities, recognize that electric utility demand charges can have significant impacts on the business model of EV charging stations. The new study presents insights to help decision makers understand the positive and negative implications of their options to determine the best solution for their situation.  

“Demand charges represent a significant impediment to the deployment of EV chargers in the U.S.,” said John Eichberger, executive director of the Transportation Energy Institute.  “To mitigate the effects of these charges, many utilities and site host operators are experimenting with different strategies, but there are many different opinions about the overall effect of these strategies on different stakeholders.  The Electric Vehicle Council commissioned this study to provide objective insight into the effects of these various strategies on all stakeholders so that effective and equitable solutions can be implemented to benefit the market.”

The study was written by E-source, a non-profit organization with more than three decades of utility-focused experience, to provide an objective paper offering a fact-based approach to overcome these obstacles. The Council then subjected the report to multiple rounds of peer review, receiving nearly 200 comments, to ensure the study represented a balanced and objective assessment of the situation and the available options.  

By reviewing market conditions, existing rates, current and potential mitigation strategies and data from existing charging stations, E-source categorized the most viable options into four categories:

  1. Reduce or eliminate demand charges for Direct Current Fast Chargers (DCFC)
  2. Cap the total per-kWh monthly energy cost for low-use stations
  3. Install co-located batteries to help manage peak demand
  4. Manage EV charging during peak periods

E-source determined the only strategy to be 100% effective at mitigating demand charges for the EV charging site host is to eliminate demand charges from the rate tariff. But this strategy is not without consequences for other stakeholders, most notably the utility and potentially other rate payers. E-source ran a number of models and simulations to examine the relative costs and benefits of each strategy and provided recommendations for stakeholders to navigate the options available to them, detailing considerations for utilities, station hosts and EV drivers. “Demand Charge Mitigation Strategies for Public EV Chargers” is a valuable resource for anyone seeking to support the deployment of a reliable EV charging network in North America.

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Mimecast Appoints Rafe Brown as President & Chief Operating Officer https://ai-techpark.com/mimecast-appoints-rafe-brown-as-president-chief-operating-officer/ https://ai-techpark.com/mimecast-appoints-rafe-brown-as-president-chief-operating-officer/#respond Fri, 16 Sep 2022 16:00:00 +0000 https://ai-techpark.com/?p=90089 Advanced email and collaboration security leader announces new strategic operating model to support organizational growth and market momentum Mimecast Limited (Mimecast), an advanced email and collaboration security company, today announced the appointment of Rafe Brown to the position of President and Chief Operating Officer (COO), effective immediately. Brown will oversee the...

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Advanced email and collaboration security leader announces new strategic operating model to support organizational growth and market momentum

Mimecast Limited (Mimecast), an advanced email and collaboration security company, today announced the appointment of Rafe Brown to the position of President and Chief Operating Officer (COO), effective immediately. Brown will oversee the strategy, operating model and transformation initiatives that will guide Mimecast through its next stage of accelerated growth, focused on providing an enhanced customer and partner experience. Peter Bauer will maintain his current role of Chief Executive Officer (CEO), driving Mimecast’s Work Protected™ vision and expanding the company’s global mission to help organizations combat cybercrime through industry-leading innovation.

“I am personally excited to partner with Rafe in his expanded role for this important next phase of Mimecast’s growth journey,” said Bauer. “His in-depth understanding of the ‘Mimecast Way’, as well as the company’s business strategy and solutions portfolio, will be a critical component to our growth as we continue to expand operations.”

Previously serving as Mimecast’s Chief Financial Officer, Brown joined the organization in February 2019 and has more than 20 years’ experience leading high growth software companies. Prior to moving to the East Coast, Brown was a Senior Vice President of Finance at Salesforce and a Senior Manager at Cisco Systems. Brown also served as Senior Vice President, Chief Financial Officer, and Treasurer of SevOne, Inc., a provider of digital infrastructure management solutions. Before SevOne, he served as Senior Vice President, Chief Financial Officer, and Chief Administrative Officer of Pegasystems, Inc., a publicly traded global business process management software provider.

Over the past several years, I have witnessed the dedication of the Mimecast team to provide best-in-class security solutions to its customers,” said Brown. “I’m energized by this appointment and the opportunity to help lead the company in its next chapter of growth by prioritizing our customers’ and partners’ needs, building a great team, and constantly working to further establish Mimecast as a leader and innovator in advanced email and collaboration security.”

The news comes on the heels of Mimecast’s recent announcement of the Mimecast X1™ Platform, which is engineered to help organizations protect their work by safeguarding their business communications, people and data with advanced email and collaboration security solutions. The company also recently announced a preview of Mimecast Email Security (Express), a new gateway-less email security solution, which is expected to be generally available for purchase by new customers in the United States and United Kingdom in late fall 2022.

Mimecast: Work Protected™
Since 2003, Mimecast has stopped bad things from happening to good organizations by enabling them to Work Protected. We empower more than 40,000 customers to help mitigate risk and manage complexities across a threat landscape driven by malicious cyberattacks, human error, and technology fallibility. Our advanced solutions provide the proactive threat detection, brand protection, awareness training, and data retention capabilities that evolving workplaces need today. Mimecast solutions are designed to transform email and collaboration security into the eyes and ears of organizations worldwide.

Mimecast, the Mimecast logo, Mimecast X1 and Work Protected are either registered trademarks or trademarks of Mimecast Services Limited in the Unites States and/or other countries. All rights reserved. All other third-party trademarks and logos contained in this press release are the property of their respective owners.

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D.A. Davidson Continues Investment in Technology https://ai-techpark.com/d-a-davidson-continues-investment-in-technology/ https://ai-techpark.com/d-a-davidson-continues-investment-in-technology/#respond Wed, 01 Jun 2022 10:00:00 +0000 https://ai-techpark.com/?p=74772 D.A. Davidson & Co. announced today its continued investment to broaden its Technology Investment Banking Group with the addition of Jonathan Lejuez as Managing Director. Jonathan will focus on serving clients in the infrastructure management software and cyber security sectors and various sub-segments. “Jonathan brings a wealth of industry knowledge...

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D.A. Davidson & Co. announced today its continued investment to broaden its Technology Investment Banking Group with the addition of Jonathan Lejuez as Managing Director. Jonathan will focus on serving clients in the infrastructure management software and cyber security sectors and various sub-segments.

“Jonathan brings a wealth of industry knowledge coupled with deep transaction experience in software segments that will continue to experience tremendous growth in the years to come,” said Greg Thomas, Co-Head of Technology and Managing Director at D.A. Davidson. “His domain focus is a perfect match for the D.A. Davidson platform. It is our belief that industry specialists, first and foremost, are the right partners for leading technology companies wanting to effectively navigate M&A, capital raising, and other strategic efforts.”

Can you touch on some of the overarching themes most relevant to the infrastructure management and cyber security practice?

“At the highest level, organizations of all shapes and sizes are having to expand and modernize their IT footprints–simultaneously, at speed, and all without disrupting overall experience. The pace of investment and innovation to meet such demands makes ‘IT transformation’ a continuous process inside an organization rather than a ‘project’,” said Jonathan Lejuez, Managing Director in D.A. Davidson’s Technology Group. “The resulting complexity is simply tremendous. It requires the most advanced management and automation capabilities while constantly optimizing security posture to ensure sufficient protection from the newest and/or most sophisticated threats to those IT estates wherever they reside.”

In this market environment, what are your expectations for deal activity in this part of the technology ecosystem?

“The fundamental shifts and investments I described will continue. These are the types of investments that simply have to happen. While across technology, investors and acquirers’ filters might be pretty high for the moment, the solid fundamentals and industry tailwinds across infrastructure management and cyber security are well understood by many. It’s made deal activity in this part of the technology ecosystem very strong and resilient over the past several years,” further remarked Lejuez. “We expect capital markets activity in these segments to continue to stand out amongst the rest given the vast amount of opportunity for value creation in the near and medium term.”

“We are very excited to have Jonathan join D.A. Davidson’s Investment Banking team,” commented Rory McKinney, Head of Investment Banking and Managing Director at D.A. Davidson. “We are committed to building the Technology Group and investing in high-caliber talent to lead our aggressive growth plans.”

Jonathan joins D.A. Davidson after spending more than four years with KeyBanc Capital Markets where he focused exclusively on infrastructure management software and cyber security coverage efforts. Prior to KeyBanc Capital Markets, he spent nearly eight years with Mooreland Partners where he provided strategic advice to clients in infrastructure and cyber security, as well as other enterprise software and technology segments.

Jonathan earned a B.S. in finance and accountancy from Providence College and is a CFA charter holder.

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