CORRECTING and REPLACING Druva and VMware Bring Data Protection for the Cloud Era to VMworld 2019

businesswire | August 12, 2019

Druva, Inc., the leader in Cloud Data Protection and Management, today announced its lineup as a platinum sponsor of VMworld 2019, at booth number 827. The company will be showcasing the industry’s only SaaS-based data protection platform, which delivers cloud backup and disaster recovery across endpoints, data center, and cloud workloads, including VMware environments – without any dedicated hardware, software or skilled resources. “Customers increasingly want to run mission-critical workloads in the cloud to leverage its agility, cost savings, and enhanced security,” said Kristen Edwards, Director of Alliances Programs, VMware. “VMware Cloud on AWS allows customers to leverage the familiarity of VMware tools and training while running their existing applications securely across a hybrid cloud environment. As we continue expanding the capabilities of VMware Cloud, partners like Druva are important to delivering on our vision of a centralized approach for data protection across both on-premise and cloud workloads.”

Spotlight

With VMware vSphere 5.1 VMware is releasing a new backup and recovery solution for virtual machines called vSphere Data Protection (VDP). This solution is fully integrated with VMware vCenter Server and provides agentless, disk-based backup of virtual machines to deduplicated storage.

Spotlight

With VMware vSphere 5.1 VMware is releasing a new backup and recovery solution for virtual machines called vSphere Data Protection (VDP). This solution is fully integrated with VMware vCenter Server and provides agentless, disk-based backup of virtual machines to deduplicated storage.

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SERVER VIRTUALIZATION

New Hedge Fund Managed IT Trends Report Shows Industry Shift in IT Outsourcing and AI-Driven Services

Agio | September 16, 2022

Agio, a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Managed IT Trends Report today. The survey, conducted earlier this year, captures the opinions and perceptions of recent, current, and future technology management and information security programs, initiatives, and readiness from 100 hedge fund practitioners across the technology, operations, cybersecurity, and compliance fields. Survey respondents revealed that, coming out of the pandemic, firms are reevaluating their options with respect to in-sourcing versus outsourcing IT management. Looking ahead to the next two years, 89 percent of firms that currently in-source IT management said they are likely to allocate more spend to outsourced services. The driver behind this shift is a need for heightened security (54%), increased access to public cloud management and support expertise (46%), and more responsive end-user support (44%). 89% of firms that in-source IT management today said they plan to allocate more spend to outsourced services. Of those firms already outsourcing IT management, 91 percent said they are likely to switch providers. Among the largest hedge funds that currently outsource (funds with +$5 billion AUM), nearly two-thirds (64%) reported they were likely to change service providers in the next 24 months because their current vendor is unable to support a public cloud environment. In discussing how the managed service provider (MSP) model will change in the coming years, respondents predicted providers will employ artificial intelligence to remove service friction and increase service uptime (47%), as well as to enable support agents to be more responsive when issues do arise (47%). Most firms (51%) also predicted that MSPs will soon be measured and compensated by how well they limit break-fix issues versus how many issues they resolve. "Viewing IT management and security operations through a single lens is essential to our vision of delivering secure, reliable, and resilient information systems, We also agree with survey respondents that MSPs must evolve now or perish. We've made meaningful investments in AI-driven tools that empower our support agents to deliver better client service and improved system availability. That combination of human brilliance and predictive analytics is the future of managed services." Bart McDonough, CEO and Founder of Agio Other topics explored in this year's report include how firms are adjusting to the impact of new regulations; what steps firms are taking to ensure system uptime and information security while supporting a distributed workforce; and how the industry is shifting with respect to managing systems on-prem, in the cloud, and across multiple cloud environments. About Agio Agio is a hybrid cybersecurity and managed IT organization equipping the financial services and healthcare industries with next-generation cyber protection and technology support. Agio has extensive experience building, maintaining, optimizing, and securing IT infrastructure for the world's most prestigious client organizations. With more than 300 employees, our culture prioritizes frequent and timely communication to provide unrivaled, highly personalized service across all our solutions, including managed detection and response, 360° cybersecurity programs, virtual CISO (vCISO) support, technology hosting, monitoring, management, global service desk, desktop as a service, disaster prevention, and recovery. Agio is headquartered in New York, NY, with additional offices around the world.

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VIRTUAL DESKTOP TOOLS

Deloitte Launches Zero Trust Access, a New Managed Security Service

Deloitte | July 16, 2022

To help organizations adopt zero trust more quickly and efficiently, Deloitte is launching a new managed service – Zero Trust Access— that offers a cloud-native approach to securing communications between users, on any device, and enterprise applications, wherever they may reside. The Zero Trust concept commits to removing implicit trust within an information technology (IT) ecosystem and replacing it with a risk-based approach to accessing organizational resources across identities, workloads, data, networks and devices. This trend is gaining momentum, given legacy approaches to security architecture are no longer suitable to secure the ubiquitous nature of the modern enterprise. Part of the newly expanded Zero Trust by Deloitte, Zero Trust Access facilitates zero trust adoption and the evolving needs of organizations in protecting their applications, infrastructure, and data. Following the integration of recently acquired talent and technology into existing Deloitte services, the Zero Trust Access managed service connects users to applications through a frictionless cloud-native solution that is inherently scalable, resilient, agile, and secure. Further, the managed service is available standalone, integrated with other Deloitte offerings, or as part of a broader solution leveraging technologies from Deloitte's alliances ecosystem. "As perimeter-based approaches are no longer suitable to secure the modern enterprise, many organizations are working to enhance protection for their IT ecosystems via zero trust, Zero Trust Access was built as a turnkey managed service helping ourselves and our clients accelerate adoption of this transformative security framework. Our goal was to create a cost-effective solution that can be delivered standalone or complementary to a broader ecosystem and ultimately help decrease the burden on IT and security teams who likely need to manage multiple heterogenous solutions to achieve similar outcomes." Andrew Rafla, Deloitte Risk & Financial Advisory's zero trust offering leader and principal, Deloitte & Touche LLP With innovative data protection leveraging device-level secure microcontainer technology, Zero Trust Access helps protect infrastructure while also enabling organizations to protect sensitive enterprise data and enforce least privilege through dynamic access control to enterprise assets. The managed service can replace remote access solutions inclusive of virtual private network (VPN), virtual desktop infrastructure (VDI), and desktop as a service (DaaS), all of which typically require significant capital expenditure for infrastructure, high operating costs, and technology management overhead. Zero Trust Access includes features such as ephemeral connectivity built upon secure peer-to-peer (P2P) communication, conditional access and continuous authorization, as well as robust data protection for data at-rest, in-use, and in-transit are consistently applied to each session, regardless of the type or location of the applications being accessed (e.g., legacy hosted applications, software as a service (SaaS), thick-client, web-based applications). Implementation of Zero Trust Access can help organizations leverage outcome-based solutions that improve business agility, enhance user productivity, and reduce cost and complexity of security operations. "Beginning zero trust adoption isn't simple, fast or easy for most organizations," Deborah Golden, Deloitte Risk & Financial Advisory Cyber and Strategic Risk leader and principal, Deloitte & Touche LLP. "We're launching Zero Trust Access as the first in many adoption-enabling services and solutions to come, so that our clients are better able to modernize their security programs, enable agile operations and confidently advance with emerging technologies and transformative risk management principles that can build more resilient security practices." About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories.

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VIRTUAL SERVER INFRASTRUCTURE

OrionVM and Blaize Launch New AI-as-a-Service (AIaaS) Offering

OrionVM | September 07, 2022

OrionVM, Infrastructure as a Service (IaaS) provider and cloud computing pioneer, announced today the addition of technology partner Blaize®, the artificial intelligence (AI) computing innovator revolutionizing edge and automotive computing solutions, to create a new AI as a service (AIaaS) offering. This first-of-its-kind partnership will empower organizations across multiple industries to launch their AI solutions more quickly and efficiently, including machine learning across vast data sets. Under the agreement, both companies' global sales teams will sell Blaize's AI applications, enabled and powered by OrionVM's optimized cloud platform. The Blaize AIaaS solutions can be utilized in three possible scenarios: Blaize's unique Graph Streaming Processor (GSP®) chips for edge AI and sensor fusion applications cards can now be virtualized on the OrionVM cloud platform. Dedicated AI environments for clients can be easily created with virtualized GSPs. For example, they can be integrated into video surveillance technology on the edge providing sophisticated and constantly-updated analysis of events. The latest version of Blaize AI Studio is now available on the OrionVM cloud platform, allowing for the development of AI applications that can quickly be set up to perform workloads without needing to purchase and configure complex hardware environments. "Before the availability of next-gen cloud solutions like ours, AI was cost-prohibitive owing to steep infrastructure spend and a shortage of qualified programmers. Now, companies do not need to build their clouds, or rely on inflexible and expensive public clouds to build, test, and utilize their artificial intelligence systems. They can now take advantage of data insights through AIaaS without expensive up-front investments. This allows them to harness the power of machine learning at significantly lower costs," said Daniel Pfeiffer, COO and VP Partnerships for OrionVM. "We are excited to see offerings like Blaize's AIaaS provide cloud advantages such as enterprise security and the ability to instantly deploy and scale." Blaize's AI applications are now available on OrionVM's resilient, secure, high-performing infrastructure, enabling customers to run Blaize AI solutions on the industry's most efficient, flexible cloud platform. Customers will be able to deploy combined offerings to solve industry challenges in several verticals, including: Security and Video Surveillance Smart Retail Smart City and Transportation Services Life Sciences and Healthcare "We built our AI solutions with a deep understanding of where AI technology began and where it can go. Our innovative approach has helped companies across various industries because we address their need for products purpose-built for the requirements of edge AI, Our solutions allow customers flexibility by programming AI solutions to fit their specific requirements. Our advanced code-free AI software also uniquely implements "edge-aware" transfer learning and optimizations for higher accuracy post-model compression. The possibilities are almost limitless." Dinakar Munagala, Blaize Co-founder and CEO The AI industry has seen significant growth in the last few years, particularly during the pandemic, and this upward trend is expected to continue. According to International Data Corporation (IDC), worldwide spending on AI will increase from $50.1 billion in 2020 to more than $110 billion by 2024. Digital healthcare, manufacturing and retail businesses are likely to expand their use of edge computing by 2028, according to the Linux Foundation's State of the Edge report. These sectors have already demonstrated interest in AI technology's ability to improve response times and save bandwidth, while enabling less constrained data analysis. As businesses of various industries increasingly need to process large sets of data and harness the power of AI, they will seek out efficient and cost effective ways to bring AI technology into the fold. For more information on the OrionVM and Blaize AI offerings, please visit https://www.orionvm.com/BlaizeAI. For more information on Blaize, please visit https://www.blaize.com. About OrionVM: OrionVM has developed a proprietary suite of cloud infrastructure "building blocks" that form a new blueprint for the delivery and monetization of cloud-based technology solutions. The core architecture for these building blocks, categorized as Infrastructure as a Service ("IaaS"), has already been used in many industries, with proven traction from leading managed services providers (MSPs), tier 1 telcos and Fortune 500 companies. The OrionVM Cloud Platform supports private, public, hybrid & bare-metal cloud deployments and is built either for internal consumption or resale. OrionVM's purpose-built stack uses InfiniBand and is benchmarked to outperform the incumbent clouds, at a lower price point due to the extreme efficiency and reduced cost of goods sold. Self-service web portals allow clients to quickly launch their own enterprise-grade cloud services with zero capital expenditure. About Blaize: Blaize is a leading provider of a proprietary purpose-built, full-stack hardware architecture and low-code/no-code software platform that enables edge AI processing solutions at the network's edge for computing in multiple large and rapidly-growing markets — automotive, mobility, retail, security, industrial automation, medical devices, and many others. Blaize's novel solution solves the technical problem that edge AI processing requires across those verticals — very low latency and high thermal and power efficiency — which previously relied on retrofitting sub-optimized AI solutions designed more for data centers and the cloud. Blaize has previously raised over $180MM from strategic investors such as DENSO, Daimler, Magna, and Samsung, and financial investors such as Franklin Templeton, Temasek, GGV, and others.

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