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Virtual Reality In Gaming Market Research Shows High Growth Rate Of 29% - TBRC

The Business Research Company | February 25, 2022

Virtual reality in gaming market consists of sales of virtual reality gaming hardware and software devices by entities (organizations, sole traders, and partnerships) that offer the ability to take players into the game in real-time. Virtual reality technology uses computing hardware, software, and other VR peripherals to create virtual environments that immerse the user in the game's 3D environment.

The global VR in gaming market size is expected to grow from $9.39 billion in 2021 to $12.13 billion in 2022 at a compound annual growth rate (CAGR) of 29.2%. The change in the virtual reality in gaming market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The virtual reality in gaming market is expected to reach $33.65 billion in 2026 at a CAGR of 29%.

How 5G Is Shaping The Virtual Reality In Gaming Market
5G-based VR cloud games are shaping virtual reality in gaming market. 5G VR cloud is a combination of cloud, virtual reality, and 5G connectivity in gaming. Major companies operating in virtual reality in gaming sector are focused on developing 5G based VR cloud games to offer customers low latency and high bandwidth services. For instance, in May 2020, Archiact, a Canada-based VR games studio merged with Migu Co. Ltd., a China-based consumer technology company to bring VR games to its 5G cloud gaming platform. Archiact states that by teaming with Migu, it will be able to work together to establish the vision of 5G VR cloud gaming, making VR even more available.

Virtual Reality In Gaming Market Overview
The main types of components in virtual reality in gaming are software and hardware. Virtual reality gaming software builds immersive 3D environments which can be used in VR games. The virtual world is created by software developers, who create a virtual environment for users so that they can interact with the place and objects in that environment. The different types of games include racing, adventure, fighting, shooting, mystery thriller, puzzle, and science fiction and use various devices such as personal computers, gaming consoles, mobile devices. Such software is used by verticals including commercial spaces and individuals.

Key Players And Their Activity In The Virtual Reality In Gaming Industry
Major players in the virtual reality in gaming market are Facebook Technologies LLC., Google, HTC Corporation, Samsung Electronics Co. Ltd., Fove Inc, Sony Interactive Entertainment LLC, Nintendo Co. Ltd., Razer Inc., Oculus HR, Microsoft Corporation, ZEISS Group, Advanced Micro Devices, Sega Corporation, Kaneva LLC, Nvidia, Qualcomm, bHaptics Inc., and Electronic Arts Inc.

Mergers and acquisitions help players maintain their position in the market. In February 2020, Facebook, a US-based social networking service company acquired Sanzaru Games for an undisclosed amount. Sanzaru Games is a US-based video game development company. This acquisition enabled Facebook's persistent interest in propping up VR gaming firms and aligning them around their goals while allowing them to operate autonomously.

About The Business Research Company
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

The World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

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Velocity MSC Leadership Says its Remote Workforce is Here to Stay

Velocity, A Managed Services Company | June 15, 2022

Velocity, A Managed Services Company that provides IT managed services through network management, voice and data connectivity, along with digital media displays and advertising networks, recently announced that the company will continue to allow its employees to work remotely as part of its continued employer of choice strategy, with the exception of essential workers who are part of repair and supply chain operations. "As we continue to evolve our strategy around being an employer of choice, it was obvious that we could either fight against this post-covid remote work movement by bringing employees back in the office or embrace and seek to thrive in it. Remote work is now part of who we are, not something we do in response to the pandemic. We have an amazing group of talented people at Velocity. Why would we push them out the door to work somewhere else? We want to retain our current talent and provide them with flexibility, and we do that by letting them work from home," Mark Walker, President and COO of Velocity Velocity made this announcement to its employees just days before the recent article posted in The New York Times, stating that some companies are still trying to hang on to the normalcy of working in an office pre-pandemic. These organizations generally assert that returning to the office is critical to preserving organizational culture. Still, employees have expressed a desire to keep the flexibility offered by remote work because their lives and priorities have shifted. Remote work is and will continue to be a key element of Velocity's employee value proposition. This continued direction will consist of changes to strategies the company has in place, from a short-term to a long-term strategy. "I want team members to understand this is not a new Covid position that we will revisit every few months. Covid may have launched this new way of thinking about work, but it is no longer the driver of our remote work strategy – it's our team members," added Walker. "We will continue to adapt finding creative ways to thrive in this new remote workforce era," said Walker. Velocity plans to do this by continuing to invest in tools to increase the effectiveness of remote work, such as enhanced virtual training and onboarding, managing productivity, and new ways of working that include remote team and culture building. "This is not to say we would never be in the office. We will have company and team-building events on-site. We will still have a place for team members to come into the office if they choose as we have many employees who enjoy the in-person experience; we will also support this." The company will revamp its real estate portfolio in Toledo, Ohio, to embrace this combined remote and on-site workforce by consolidating the campus headquarters into its new 100,000-square-foot building near the airport at 11300 Crosswinds Drive. This will allow its on-site teams to be in the same building, truly fostering a One Team ethos. At the start of the pandemic, Velocity had a small number of remote workers. As a young and growing company, its leadership team knew that it needed to make some cultural changes to continue growing. The surprise onset of Covid-19 accelerated this process, forcing Velocity to quickly revolutionize its culture and technology in ways that went beyond its original plans. In 2020, Velocity shifted 90 percent of its workforce to remote within a matter of weeks. Over the past 17 years, Velocity has transformed from a regional telecommunications outfit to a full-scale managed service provider for Fortune 500 companies. Despite the challenges of the pandemic, Velocity has continued to broaden its service offerings to include industry-leading VoIP and data services, digital signage, and a full array of hospitality services. ABOUT VELOCITY MSC Velocity delivers customized IT managed services such as IT support, network management, voice and data connectivity, multinational data networking, on-site repairs and service, field project rollouts and implementations, free-to-guest TV and Wi-Fi solutions, digital signage and DOOH media solutions, and more in the retail, hospitality, healthcare, and entertainment industries. Velocity is a privately held company with approximately 550 employees, 13 redundant data centers, 5,500+ certified technicians throughout the U.S., and 450 carrier agreements and is a CLEC in all 50 states.

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Versa Networks Expands APAC and Japan Leadership Team to Continue Global Growth and Meet Accelerating APJ Region Demand for Versa SASE

Versa Networks | July 07, 2022

Versa Networks, the recognized secure access service edge (SASE) leader, today announced it has named former Commvault Software and Dell Technologies executive Rachel Ler as its first Asia Pacific and Japan (APJ) Region Vice President. Ler joins Versa to lead the company’s expanding APJ team with a focus on sales and market expansion to meet rapidly increasing demand for Versa SASE in the region. “I was attracted to Versa Networks by its uniquely integrated approach toward security and networking that delivers these comprehensive services simply to customers,” said Ler. “I am excited to join at this important time for Versa, as I see tremendous opportunity across the APJ region, especially in this highly fragmented technology space. I look forward to helping the team establish itself as the trusted advisor to customers and partners in the APJ region.” Ler previously served as the Vice President and General Manager, Asia Pacific region for Commvault Software. She was responsible for driving sustainable sales growth with a focus on solution innovation and customer experience, including collaborating and strengthening Commvault’s broad and diverse partner ecosystem across all the distinct markets. She has a proven track record with more than 20 years of experience spanning direct and channel sales, as well as regional APJ leadership roles, at Dell Technologies, Hewlett Packard Enterprise, Nimble Storage, NetApp, IBM and Microsoft. Ler graduated from Nanyang Polytechnic with a Diploma in Information Technology, and holds a bachelor’s degree in Business Management from the Swinburne University of Technology in Melbourne, Australia. “We are very excited to have attracted someone of Rachel’s caliber and experience to lead our APJ regional business, Demand is increasing for Versa SASE as APJ organizations look to take advantage of the differentiated benefits offered by our uniquely integrated networking and security capabilities. We are committed over the long term to our customers in APJ, and under Rachel’s leadership we are excited about the growth we will enjoy in the region.” Martin Mackay, Versa Chief Revenue Officer Versa SASE delivers tightly integrated services via the cloud, on-premises, or as a blended combination of both via Versa Operating System (VOS™) with a Single-Pass Parallel Processing architecture and managed through a single pane of glass. Versa began delivering SASE services such as VPN, Secure SD-WAN, Edge Compute Protection, Next-Generation Firewall, Next-Generation Firewall as a Service, Secure Web Gateway (SWG), and Zero Trust Network Access (ZTNA) more than five years ago. Versa uniquely provides contextual security based on user, role, device, application, location, security posture of the device, and content. As the leader in SASE, the fastest growing security and networking category, and executing on SASE services for years, Versa is the only solution proven to deliver the industry’s leading and differentiated architecture for high performance and security. Dell’Oro Group listed Versa as the 2021 SASE market share leader with 84-percent market share for the unified category in its 4Q21 Network Security Quarterly Report, and Frost and Sullivan ranks Versa as the Number 2 worldwide market share leader in SASE. Gartner has also identified Versa SASE as having the most SASE components out of all 56 vendors Gartner evaluated, while Enterprise Management Associates (EMA) found that Versa SASE has the most SASE supported functions, as published in its industry report. About Versa Networks Versa Networks, the leader in SASE, combines extensive security, advanced networking, industry-leading SD-WAN, genuine multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers, and via the simplified Versa Titan cloud service designed for Lean IT. Thousands of customers globally with hundreds of thousands of sites trust Versa with their networks, security, and clouds. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners.

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IPVanish Announces Commitment to Privacy Amidst Indian Data Legislation

IPVanish | June 20, 2022

IPVanish, a no-log VPN provider, has released its formal response to impending internet surveillance and data retention legislation in India. In a blog post published on June 7, IPVanish stated that they will not compromise on their no-logs policy despite this new directive demanding logs from VPN providers. According to this new legislation, VPN providers would be required to collect certain customer data and may need to provide that information to Indian authorities. While the directive is not set to go into effect until later this month, IPVanish remains firm in its stance on protecting its customers’ privacy and will continue operating its Indian servers for the time being. Should the directive be enforced, IPVanish has stated that they will continue to prioritize their consumers' privacy and will take any required action, including shutting down physical servers in India to comply with the Indian government's directive. “Privacy will never be something we sacrifice, While we will remain watchful of this impending legislation in India, IPVanish is standing firmly by our zero traffic logs policy, and is prepared to take proper action should the law go into effect.” Subbu Sthanu, VP of Strategy & Product Management at IPVanish In April, IPVanish had its technology and no-log VPN privacy practices audited and certified by a respected independent third-party cybersecurity consulting firm. The IPVanish VPN service delivers: Secure access to the fastest VPN in the world End-to-end network encryption and data protection User-friendly apps for macOS, Windows, iOS, Android, and Amazon Fire TV A verified no-logs policy 24/7 customer support About IPVanish: IPVanish is a worldwide online privacy and freedom advocate. Providing secure access to shared IPs and servers in 75+ locations, IPVanish consistently tests as the fastest VPN service globally, while maintaining industry-best security, reliability, and privacy protection standards.

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Run Your Databases Up to 7X Faster and at Scale with Pavilion

Pavilion Data Systems | August 04, 2022

Pavilion™ Data Systems, a leading data analytics acceleration platform provider and pioneer of NVMe-Over-Fabrics (NVMe-oF), today announced that Pavilion’s industry-leading platform with unified high performance, sub-millisecond read/write latency, intelligent architecture, patented data protection, and an end-to-end NVMe design makes ANY database, both on bare metal and virtualized, achieve material performance gains by operating up to 7X faster than using NVMe SSDs in a server. The Pavilion Data Acceleration Platform is composed of the Pavilion HyperParallel Flash Array (HFA) and Pavilion HyperOS™. The performance density of the hardware and performance algorithms of the software enable the Pavilion platform to keep up with I/O demands from the databases, delivering the industry’s lowest write latency, and improving database transaction commit time and high availability. Writes happen faster by allowing more databases on the same instance or more concurrent users on each database instance, so the ultra-low latency coupled with the high throughput and IOPS enable databases to analyze more data, faster. Rigorous testing in the Pavilion solutions lab and deployments with customers and industry-leading database consultants showed that Pavilion enabled databases like Microsoft SQL Server, Oracle, PostgreSQL, MySQL, Elasticsearch, and Cassandra to deliver more transactions at lower latency with the same hardware, whether on bare metal or virtualized servers. Pavilion’s lower latency also has a massive effect in VMware environments, requiring less memory from the database on each VM environment. This means more database files on the same virtualized database instance, and/or more virtual machines on the same physical server. “I’ve worked on pretty much every storage array on the planet at this point, and it takes a lot to impress me. When I started learning about the Pavilion architecture, I was blown away by it. I just love it,” said David Klee, founder and CEO of Heraflux Technologies and a Microsoft MVP and VMware vExpert. “SQL Server on VMware comprises the bulk of the servers that we see in the wild. The unmatched performance that Pavilion offers allows me to reduce my SQL Server memory footprint, pack more SQL Servers on the host while improving performance, and squeeze more out of my expensive SQL server licensing – everyone wins!” In the world of SQL Server on VMware, customers see an average of 30% to 50% reduction in memory required, which translates directly to 30% to 50% fewer SQL Server licenses. In virtualized SQL Server environments, vSphere licenses are cut as well. IQVIA, the leader in connected intelligence, needed to scale its Microsoft SQLServer-based analytics platform, and NVMe SSDs inside their servers could not provide the speed required to meet their business expectations, so they used Pavilion’s NVMe/RoCE support. "We needed an external storage platform that matched the performance we get from internal NVMe SSDs to support a mission-critical SQL analytics use case running on VMware 7, The Pavilion platform enabled us to meet this challenging requirement that could not be met with other options." Ken Boyer, Director Global Storage MGMT at IQVIA “We have shown that ANY database, bare metal or virtualized, is faster on Pavilion than using NVMe SSDs in a server,” said Costa Hasapopoulos, Chief Field Technology Officer and WW VP of Business Development for Pavilion Data. “For testing each database, we leveraged the corresponding industry-accepted synthetic load-generation tool and compared the performance of each database on bare-metal and in virtualized environments using Pavilion’s certified NVMe/RoCE capability for Windows Server and VMware. For Linux we used CentOS and Oracle Enterprise Linux. For all tests the results were resoundingly conclusive, with up to 7X performance boost over using a server with NVMe SSDs, and there is zero virtualization tax.” Using Pavilion enables customers, partners, and consultants to replace racks of database servers and minimize software license costs, dramatically reducing TCO. This makes Pavilion ideal for accelerating database operations. About Pavilion Data Systems Pavilion provides the data analytics acceleration platform that enables organizations to derive greater value from their data—faster, simpler, and at scale. We are the perfect complement for AI/ML, HPC, analytics, edge, and other data-driven workloads, and we are the ideal data I/O platform for GPU-based computing platforms. The Pavilion HyperParallel Data Platform, powered by Pavilion HyperOS, delivers unmatched performance and density, ultra-low latency, and unlimited scalability and flexibility, providing customers unprecedented choice and control. Learn why Fortune 500 companies and federal government agencies choose Pavilion.

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The writing is on the wall. The cloud is the future of data center strategy, and more and more companies are finding value in it. The only real variable here is how much of a company’s environment will be cloud-hosted. Some companies have very little data in the cloud, while others are almost completely migrated to the cloud. Either way, a hybrid cloud mix of on-prem and cloud applications appears to be the new normal in businesses of all sizes.

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