Technological Advancements to Accelerate Growth in Global Network Function Virtualization Market

Increasing demand for networking services is likely to expand the global network function virtualization market. Growing internet penetration, higher use of smart devices including smartphones, tablets, and other devices fueled the need for advanced networking services such as network function virtualization. Moreover, the mobile sector requires more data-intensive applications along with better network capacity to meet customer requirements. This factor will also fuel growth in the global network function virtualization market. Adding further, technological advancements and usage of switches, routers, optical transport, and mobile edges, due to enhanced performance and lowering costs will further boost the global network function virtualization market in the coming years. There are also high chances that network function virtualization might replace traditional network functions such as DHCP, DNS, and IPAM on the account of improved performance of telecom service providers. Moreover, deployment of network function virtualization will bring a structural change in the way a telecommunication infrastructure. It will further bring a considerable change in the manner applications are delivered to the service providers.

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AELF Partners with ChainsAtlas to Pioneer Interoperability in Blockchain

PR Newswire | January 09, 2024

aelf is advancing cross-chain interoperability through a strategic partnership with ChainsAtlas. By utilising ChainsAtlas' innovative virtualisation technology, aelf will enable decentralised applications (dApps) from diverse blockchains to seamlessly migrate and integrate into the aelf blockchain, regardless of the dApps' smart contract specifications. This collaboration marks a significant step towards a globally interconnected and efficient blockchain ecosystem, breaking down the silos between blockchains. Khaniff Lau, Business Development Director at aelf, shares, "The strategic partnership with ChainsAtlas is a significant step towards realising our vision of a seamlessly interconnected blockchain world. With this integration, aelf is set to become a hub for cross-chain activities, enhancing our ability to support a wide array of dApps, digital assets, and Web2 apps. This collaboration is not just about technology integration; it's about shaping the future of how services and products on blockchains interact and operate in synergy." Jan Hanken, Co-founder of ChainsAtlas, says, "ChainsAtlas was always built to achieve two major goals: to make blockchain development accessible to a broad spectrum of developers and entrepreneurs and, along that path, to pave the way for a truly omnichain future." "By joining forces with aelf, we are bringing that visionary future much closer to reality. As we anticipate the influx of creativity from innovators taking their first steps into the world of Web3 on aelf, driven by ChainsAtlas technology, we are excited to see these groundbreaking ideas come to life," adds Hanken. The foundation for true cross-chain interoperability is being built as aelf integrates ChainsAtlas' Virtualization Unit (VU), enabling the aelf blockchain to accommodate both EVM and non-EVM digital assets. This cross-chain functionality is accomplished through ChainsAtlas' virtualisation technology, allowing aelf to interpret and execute smart contracts written in other languages supported by ChainsAtlas, while also establishing state transfer mechanisms that facilitate seamless data and asset flow between aelf and other blockchains. Through this partnership, aelf blockchain's capabilities will be enhanced as it is able to support a more comprehensive range of dApps and games, and developers from diverse coding backgrounds will now be empowered to build on aelf blockchain. This partnership will also foster increased engagement within the Web3 community as users can gain access to a more diverse range of digital assets on aelf. Looking ahead, the partnership between aelf and ChainsAtlas will play a pivotal role in advancing the evolution of aelf's sidechains by enabling simultaneous execution of program components across multiple VUs on different blockchains. About aelf aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf's variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability. aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf's ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology. About ChainsAtlas ChainsAtlas introduces a new approach to Web3 infrastructure, blending multiple blockchain technologies and smart contract features to create a unified, efficient processing network. Its core innovation lies in virtualization-enabled smart contracts, allowing consistent software operation across different blockchains. This approach enhances decentralized applications' complexity and reliability, promoting easier integration of existing software into the blockchain ecosystem. The team behind ChainsAtlas, driven by the transformative potential of blockchain, aims to foster global opportunities and equality. Their commitment to building on existing blockchain infrastructure marks a significant step towards a new phase in Web3, where advanced and reliable decentralized applications become the norm, setting new standards for the future of decentralized networks.

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Panasonic Automotive Introduces Neuron High-Performance Compute (HPC) to Advance to a Software-Defined Mobility Future

PR Newswire | January 09, 2024

Panasonic Automotive Systems Company of America, a tier-one automotive supplier and a division of Panasonic Corporation of North America, announced its High-Performance Compute (HPC) system. Named Neuron, this innovation addresses the rapidly evolving mobility needs anticipated for software-defined vehicle advancements. As vehicles become more software reliant, vehicle systems must support the extended software lifecycle by enabling software upgrades and prolonging the supporting hardware capability. Cars rely on hardware and software compute platforms to process, share, sense, and derive insights to handle functions for assisted driving. Panasonic Automotive's Neuron HPC allows for not only software updates and upgrades but also hardware upgrades across platform lifecycles. The Neuron HPC can aggregate multiple computing zones to reduce the cost, weight and integration complexity of the vehicle by removing redundant components. Panasonic Automotive's design supports effortless up-integration with high-performance and heavy data input processing capability. Importantly, the design is upgradeable, scalable and future-proof across today's evolving in-vehicle platforms. Neuron HPC Architecture & Design Panasonic Automotive's High Performance Compute architecture could reduce the number of distributed electronic control units (ECUs) by up to 80%1 – allowing for faster, lighter, cross-domain computing for real-time, cross-functional communications. The Neuron HPC design is suited for any mobility platform including internal combustion engine, hybrid, fuel cell or electric vehicles. "In collaboration with OEMs, Panasonic Automotive has designed and met some of the largest central compute platform challenges in the industry in order to make the driving experience evolve with technology," said Andrew Poliak, CTO, Panasonic Automotive Systems Company of America. "Neuron maximizes performance, safety and innovation over the entire ownership of the consumer's vehicle and enables OEMs with a future-proof SDV platform for ensuing generations of mobility needs." Key Systems, UX Features & Technical Benefits With a streamlined design, the Neuron HPC incorporates up-integration capability by consolidating multiple ECUs into one centralized nucleus to handle all levels of ADAS, chassis, body, and in-cabin infotainment features. About Panasonic Automotive Systems Company of America  Panasonic Automotive Systems Company of America is a division company of Panasonic Corporation of North America and is a leading global supplier of automotive infotainment and connectivity system solutions. Panasonic Automotive Systems Company of America acts as the North American affiliate of Panasonic Automotive Systems Co., Ltd., which coordinates global automotive. Panasonic Automotive Systems Company of America is headquartered in Peachtree City, Georgia, with sales, marketing and engineering operations in Farmington Hills, Mich. About Panasonic Corporation of North America Newark, NJ-based Panasonic Corporation of North America���is committed to creating a better life and a better world by enabling its customers through innovations in Sustainable Energy, Immersive Entertainment, Integrated Supply Chains and Mobility Solutions. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation. One of Interbrand's Top 100 Best Global Brands of 2023, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region.

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Vuzix Introduces Z100 Smart Glasses to Seamlessly Connect Workers with AI Optimization Tools

PR Newswire | January 10, 2024

Vuzix Corporation, a leading supplier of smart glasses and augmented reality (AR) technology and products, today announced the unveiling of Vuzix Z100 smart glasses, which will initially be offered as a developer's edition. Built using the Vuzix Ultralite OEM PlatformSM, these safety glasses-certified smart glasses are sleek and made for all day wear. Using them, workers get a human-centered connection to AI and work process applications, receiving critical updates, convenient workflow and task confirmations, and notifications in real time, all while wearing a pair of glasses that workers will enjoy having on. Vuzix Z100 smart glasses pair seamlessly via Bluetooth with Android or iOS IOT devices. They represent the first attractive, functional bridge between AI platform tools, where situational guidance can streamline workflows, and human workers can reap the benefits of a truly connected workplace. In addition to a lightweight AI interface, Vuzix Z100 glasses can augment the data feed from finger scanners, sensors, controllers, and other equipment with minimal native UI, making that data available in a new and highly accessible format. Tasks with sub-standard user feedback due to device or process limitations can now have their workflows displayed in the user's heads up display, providing human-centered outputs and real-time updates. Running up to 48 hours on a single charge, Vuzix Z100 smart glasses pack industry-defining heads-up waveguide technology into a sleek, fashionable form factor that weighs in at just 35 grams – the weight of a standard pair of glasses. Advanced monocular waveguide optics, combined with Vuzix' custom micro display engine, create a crisp, transparent, monochrome image that can deliver all the important information on a user's Android or iOS device, hands-free right before their eyes. Wearers get heads-up access to important task information, from language translation and closed captioning, to directions, to health and workout status, to messaging, workflow outputs and much more. Best of all, Vuzix Z100 smart glasses provide a sleek, attractive form factor that frontline employees will want to wear. "The Z100 takes enterprise use of AR smart glasses to the next level, providing workers with a hands-free wearable that is indistinguishable from a pair a standard glasses," said Paul Travers, President and Chief Executive Officer at Vuzix. "This rollout is in overwhelming response to interest expressed by enterprise customers in an attractive and light weight pair of smart glasses that can augment current workflows with AI optimization software. There are customers across numerous market verticals and use cases that we believe will embrace this product as fashionable and affordable productivity device that workers will enjoy wearing all day every day." About Vuzix Corporation Vuzix is a leading designer, manufacturer and marketer of Smart Glasses and Augmented Reality (AR) technologies and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 350 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and augmented reality Video Eyewear field. Moviynt, an SAP Certified ERP SaaS logistics solution provider, is a Vuzix wholly owned subsidiary. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company with offices in: Rochester, NY; Munich, Germany; and Kyoto and Tokyo, Japan.

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