Verge.io | November 09, 2022
Verge.io, a leader in private cloud software, today announced that it saw the second straight quarter of record quarter-over-quarter growth driven by both new customer acquisition and existing customer expansion. To further capitalize on these transformative opportunities, the company appointed Mike Wall as chairman of its board of directors.
In Q3 Verge.io closed over 3x more annual recurring revenue (ARR) than Q2, for the 2nd best quarter in company history. This continued upward trajectory is the result of existing customers increasing their deployment of the Verge-OS virtualization software and acquisition of new customers replacing their incumbent implementations due to cost, complexity, inability to scale and lack of ransomware protection. Additionally, Verge.io increased sales velocity, even closing new logos in a matter of weeks.
Verge.io also ended Q3 with the strongest pipeline in company history. Multiple transformative opportunities were added to the pipeline that would exponentially increase top line. In addition, numerous new distribution channels are under review that would dramatically increase sales velocity in 2023.
These successful results are in part due to Verge.io’s recent expansion of sales and marketing efforts to educate potential customers on the company’s ability to simplify the software defined data center into a single, powerful piece of software that runs on commodity hardware. These efforts, a newly launched website and a new technical wiki and online self-paced training system have earned the attention of analysts and editors.
To help continue the momentum that Verge.io is building, the company recruited Mike Wall to serve as its chairman. Wall spent 15 years at Intel, ran its storage division, then spent time at a few VC-backed early-stage ventures in the storage space. His repeated, high-multiple exits in the space further positions Verge.io to capitalize on recent growth to add market valuation.
“Coming off of a record-breaking quarter makes this is an exciting time to be a part of the Verge.io team and I look forward to helping continue the sales velocity that we’ve achieved,” said Wall. “From increasing our market visibility to growing our pipeline of global customers to quickly closing sales opportunities, we’ve developed a strong foundation for success. The future is bright for further building our business and providing customers with the cost and IT simplicity that they need.”
“Such strong quarter-over-quarter success shows that our efforts to provide a single piece of software that simplifies the data center process and offers a secure multitenancy for clouds is resonating in the marketplace, We are very pleased with the results of Q3 2022 given that we launched our website only 7 months ago and most of our sales team has only been in place for 6 months. From increased bookings with new and existing customers, expanded partnership opportunities and adding experience to our executive board, Verge.io is poised to continue its pattern of growth as we provide a better alternative to traditional legacy cloud architectures that are too complex and require too much management.”
Yan Ness, Verge.io CEO
Verge-OS software delivers virtualized data centers with more compelling economics and efficiencies than competing platforms. Verge-OS abstracts compute, network, and storage from commodity servers and creates pools of raw resources that are simple to run and manage by an IT generalist. A single license replaces disparate hypervisor, network, storage, data protection, and management tools to simplify technology stacks. Secure virtual data centers based on Verge-OS include all enterprise data services like global deduplication, disaster recovery, continuous data protection, snapshots, long-distance synch, and auto-failover.
Verge.io provides a simpler way to virtualize data centers and end IT infrastructure complexity. The company’s Verge OS software is the first and only fully integrated virtual cloud software stack to build, deploy and manage virtual data centers. Verge-OS delivers significant capital savings, increased operational efficiencies, reduced risk, and rapid scalability.
Nokia | December 05, 2022
Nokia and NBN Co today announced the deployment of Nokia’s next-generation broadband platform and its Altiplano Access Controller to deliver a smarter, faster and greener nbn® network. The deployment is the first for the Lightspan MF-14 in the Southern Hemisphere.
With unmatched capacity, space efficiency, low latency, intelligence, reliability and power efficiency, the MF-14 will help nbn address Australia’s broadband needs well into the future and help the company realize their Toward Zero Carbon Ambition.
Nokia’s Altiplano Access Controller is a software-defined (SDN) and network function virtualization (NFV) tool used to drive greater automation and virtualization. It enables innovation in the way the network is managed with an open API to automate and program the network.
nbn recently welcomed the Australian Government’s commitment to invest an additional $2.4 billion to roll out more fiber to communities across Australia. The new investment will enable an additional 1.5 million homes and businesses currently served by Fiber to the Node (FTTN) to upgrade to Fiber to the Premises (FTTP). Coupled with the additional homes and businesses connected by fiber, nbn is evolving the FTTP technology platform to enable higher speed services and has recently successfully completed lab evaluations of 25Gbps FTTP technology.
Full fiber connections will help deliver faster broadband speeds, better reliability and energy efficiency , as well as support additional data capacity for the nbn network. These upgrades will help ensure eligible customers can more effectively work from home and operate online businesses, participate in online education, engage in telehealth consultations, stream entertainment and connect with friends and family.
nbn will be the first operator in the Southern Hemisphere to adopt the MF-14 platform following announcements by US and UK operators in October 2022. Deployment will commence in 2023.
Stephen Rue, CEO at nbn, said: “Rapid technological advances will play a critical role in driving the economic prosperity of our nation and in enabling our transition to a smarter, digitally enabled economy. By leading the deployment of this next-generation technology, we can help meet our nation’s data demands now and into the future.
“Together with our network investment that is pushing fibre deeper into communities and extending fixed wireless and satellite coverage and capabilities, we are helping unlock social and economic benefits for households, businesses and communities across Australia.
“More than 8.5 million households and businesses are connected to services over the nbn network – this equates to approximately 20 million people relying on our network every day.”
Nokia and nbn have been partners for more than 10 years and we’re excited to continue to support nbn in this next technological evolution, deploying more advanced and energy-efficient networking technology. Using Nokia’s advanced fiber technology coupled with our network optimization and automation capabilities, Nokia and nbn can meet customer demand for a faster, smarter, greener broadband network today and well into the future.”
Ricky Corker, Chief Customer Experience Officer at Nokia
At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
Antaris | December 06, 2022
Antaris, the software platform provider for space, announced today that the first-ever satellite fully conceived, designed and manufactured using the company's end-to-end software is ready for launch. Creation of the satellite, dubbed JANUS-1, involved eight organizations spanning seven countries collaborating virtually through the Antaris cloud-based platform, which features open APIs and core open source elements.
The project was completed in just 10 months from concept to launch readiness with a cost savings of 75% over comparable satellite missions. Based on data captured during the build, Antaris anticipates that future spacecraft missions can be ready for launch in as few as six months.
"This is a tremendous moment for the space industry," said Antaris Co-Founder and CEO Tom Barton. "Satellite development has historically been slow and extremely costly because of proprietary hardware and software, excessive vertical integration and outdated interfaces, APIs and protocols. Antaris has changed all that. Our cloud-based platform has enabled constellation sponsors, satellite designers, component providers and manufacturers from across the globe to come together seamlessly and collaborate to get a satellite ready for launch in just months, not years, from start to finish. Nothing like this has ever been done before."
JANUS-1 is a 6U satellite conceived as a technical demonstration to showcase the unprecedented efficiency and cost-effectiveness of the Antaris platform and will feature five different payloads running on its SatOS™ satellite software once in orbit. XDLINX Labs and Ananth Technologies served as the primary manufacturing partners for the JANUS-1 satellite with ATLAS Space Operations providing ground station services.
"The satellite industry has historically lagged behind the tech industry in the adoption of Software-as-a-Service models," said Brad Bode, Chief Technology Officer of ATLAS Space Operations. "The Antaris SaaS platform is a long overdue approach to the design, simulation and operation of satellites and a perfect complement to our own GSaaS, or Ground Software as a Service, model. We're excited to be part of the historic JANUS-1 mission."
"Ananth Technologies is pleased to be collaborating with Antaris on this novel demonstration project, We support their mission of driving collaboration across the space economy and see tremendous potential in this new approach to satellite design and operations. The build process for JANUS-1 was highly efficient even for a complex design with multiple payload providers from around the world."
Dr. Subba Rao Pavuluri, Chairman and Managing Director of Ananth Technologies.
Antaris recently open sourced its SatOS Payload Software Development Kit (SDK), which enables users of the platform to effectively integrate payloads into SatOS-powered satellites. Additionally, Antaris released the go-satcom library to help the broader space community work with open space communications protocols.
Payload and subsystem technology providers including AICRAFT, Netra, Morpheus Space, SayariLabs Kenya, SpeQtral, Transcelestial and Zero-Error Systems (ZES) will perform internet of things (IoT) communications, advanced experimental laser communications, radio communications and machine learning (ML) inference during orbit. A virtual twin of JANUS-1 running on Antaris TrueTwin™ technology is functional today, and the physical satellite is expected to launch into orbit from the Satish Dhawan Space Centre of India under a commercial arrangement with NewSpace India Limited (NSIL), the commercial arm of Indian Space Research organization (ISRO).
Antaris, the software platform provider for space, exists to make space easy. Our software dramatically simplifies the design, simulation and operation of satellites to support mission success. We bring New Space thinking to an Old Space world, giving our customers maximum control and flexibility while mitigating supply chain risk to improve time-to-orbit, reduce cost and optimize engineering reuse. With investors including Lockheed Martin Ventures, Acequia, HCVC and E2MC, Antaris is revolutionizing Software for Space.
Viavi | November 25, 2022
Viavi Solutions Inc.today announced that it has signed a partnership agreement with VMware to drive standardized frameworks and metrics for RAN Intelligent Controller (RIC) testing. This testbed as a service will enable mobile operators to introduce programmability to the RAN and help accelerate the adoption of Open RAN.
The RIC is a cloud-native central component of an open and virtualized RAN network, enabling the optimization of RAN resources through analytic processing and adaptation recommendations. The RIC takes advantage of native and third-party xApps and rApps – microservice-based applications operating in near-real time (near-RT) and non-real-time (non-RT), respectively – to enable operators to automate and optimize RAN operations at scale to reduce the operator's total cost of ownership, and to introduce innovative new services.
VMware is focused on attracting and collaborating with a vibrant ecosystem of partners to help its operator customers adopt Open RAN with complete confidence. VIAVI has the most comprehensive portfolio of Open RAN test solutions in the industry and plays a leading role in defining test processes in the O-RAN ALLIANCE and Telecom Infra Project (TIP).
The two companies will work together to demonstrate compliance with RIC-related requirements, assisting CSPs in validating the solution in the lab and scaling the solution to production. The industry-leading VIAVI TeraVM RIC Test and the VMware RIC will form a joint testbed as a service for testing, profiling, and validating third-party xApps and rApps. In addition to the framework, the two companies will work together to drive industry consensus around testing methodology and performance metrics. By having pre-built test cases and a standardized test method for the RIC and xApp/rApp, operators can reduce the time it takes to validate the solution in their lab, meaning they can move to a production environment faster.
"Open RAN, by definition, depends on strong collaboration to drive innovation, and that's a perfect way to think about this partnership between leaders in their respective fields, The RIC represents a huge opportunity to the industry: Applying AI/ML techniques allows operators to simplify the management of complex 5G configurations and dynamically optimize the network to cater for new use cases, energy efficiency, and changing traffic patterns."
Ian Langley, Senior Vice President and General Manager, Wireless Business, VIAVI
"We're excited to work with VIAVI on helping move the industry forward to accelerate the adoption of Open RAN," said Lakshmi Mandyam, vice president, Service Provider Product Management and Partner Ecosystem, VMware. "Our companies share a vision of what it will take to address the challenges hindering adoption by simplifying the path for CSPs to test, profile, and certify third-party xApps and rApps through a common framework. VIAVI's leadership in Open RAN testing and VMware's leadership in RIC make this an ideal collaboration."
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for communications service providers, hyperscalers, equipment manufacturers, enterprises, government and avionics. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications. Together with our customers and partners we are United in Possibility, finding innovative ways to solve real-world problems.