Dell Technologies | February 18, 2022
Dell Technologies and VMware are working with Munich Re, one of the world's leading reinsurers, to create a consistent approach to global IT operations that performs with improved performance and flexibility at the high level of security required for its data-intensive workloads.
Dell and VMware are assisting Munich Re to more easily adhere to compliance requirements and reduce IT costs. Azure VMware Solution, part of Microsoft Azure, and a modern private cloud based on Dell Technologies and VMware will help create a consistent multi-cloud architecture where data and workloads can be processed and delivered exactly where they are required and shared across multiple environments. The multi-cloud architecture will support Munich Re to offer a coherent customer experience across environments through a consistent IT infrastructure that consolidates all of Munich Re's global data centers into three hubs.
"With Dell Technologies and VMware, we are creating a consistent cloud operating model to standardize our infrastructure and increase our environment's performance, stability, and resilience in a smart way," said Robin Johnson, CIO at Munich Re. "This modern multi-cloud infrastructure will help us in our daily business operations by providing the agility to match the right cloud to any application or use case."
The Azure VMware Solution can accelerate application and cloud modernization initiatives with less risk and better economics than traditional approaches. It also allows for the extension or migration of existing VMware workloads natively on Microsoft Azure. Munich Re's private cloud will be based on Dell VxRail hyperconverged infrastructure systems with VMware Cloud Foundation software. Munich Re will also use VMware vRealize Cloud Management and VMware NSX to enable consistent management across cloud environments and enable security policies that follow workloads wherever they move.
The insurance industry is going through a technology revolution ranging from how they process claims to how they engage their customers. Munich Re turned to Dell and VMware with the ambition of creating a multi-cloud strategy that could provide a powerful and stable IT infrastructure and respond flexibly to the demands of a dynamic industry with a seamless, standardized and automated platform."
Bradd Lewis, Dell Technologies vice president and global lead for financial services
"Across the insurance industry, we are seeing our customers invest in hybrid-cloud strategies to deliver more efficient and tailored solutions for their clients," said Jennifer Manry, vice president, global industries, VMware. "But to remain resilient, it's no longer about a 'cloud first' approach—it's about being 'cloud smart'. Together with Dell, we are uniquely positioned to give Munich Re the power to accelerate innovation with a smarter path to a hybrid-cloud environment that enables the flexibility to scale quickly and move workloads between IT environments without restrictions or trade-offs."
About Dell Technologies
Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company's 2030 Agenda.
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Yeahka Limited | June 06, 2022
Hang Seng Indexes Company launched the Hang Seng China Metaverse Index to track the performance of Shanghai, Shenzhen, and Hong Kong-listed companies which has businesses related to the development of the metaverse. The index is aimed at helping investors capture innovative and transformative thematic investment opportunities that may emerge in the Mainland and Hong Kong stock markets. Yeahka continues to explore the metaverse to empower its commercial digitalized ecosystem and is selected as one of the 30 constituents, among other major constituents such as Tencent, NetEase, and Kuaishou.
According to public information, Yeahka had previously launched a coupon cloud platform based on blockchain technology and was included in the fourth batch of national domestic blockchain information services in October 2020. The platform provides merchant solutions for store management, customer acquisition, and traffic attraction, with the blockchain technology-driven advantage of being a tamper-proof traffic attraction mechanism, allowing transparency in customer acquisition paths. In October 2021, Yeahka formally ventured into the metaverse through Yeahka Gaming, empowering the company's ecosystem with metaverse games and exploring the integration of virtual and reality.
The metaverse incorporates a series of cutting-edge technologies such as virtual reality (VR), augmented reality (AR), and artificial intelligence (AI). Users are exposed to a deeper degree of Internet virtualization and a stronger sense of experience and novelty: the communication and interaction in the virtual Internet world of the metaverse closely approximate the real world, and whatever obtained within the metaverse can also be recognized in the real world, blurring the boundaries between online and offline. The development and popularity of Web 3.0 would also support the open and decentralized nature of the metaverse.
Compared with the "read-only" model of Web 1.0 and the model of user-led production and sharing of contents in Web 2.0, the public's vision of Web 3.0 is of a brand-new Internet world that is relatively decentralized, automated, and intelligent. On the premise that personal digital identities, digital assets, and data are completely personal for users, users can truly own their data and their transactions are protected by encryption technology. Therefore, Web 3.0 is considered to have tremendous potential in the future integration of online and offline, and metaverse is a virtual formation that can thrive under Web 3.0.
As a payment-based technology platform, Yeahka has gradually expanded its business from one-stop payment services to merchant solutions and in-store e-commerce services over a period of 10+ years. It has served 7.5 million offline small and medium-sized merchants and reached over 900 million consumers. After the Pandemic, small and medium-sized offline merchants gradually realized the value of digitalization of their operations, and Yeahka has strategically seized this opportunity, launching QR Code ordering, integrated takeaway, and in-store e-commerce services under the "social + recommendation + selective" model, to solve merchants' pain points with smart operations, helping them to revitalize consumers and attract customers.
On the consumer end, Yeahka enables the promotion of merchant brands through private domain and social recommendation marketing, promoting merchants' local lifestyle packages and inspiring consumers' desire to consume in-store. The interaction between merchants and consumers is not restricted to the real world, the combination of the virtual and the real world allows for more diversified interactions between merchants and consumers.
Yeahka believes that, with the rapid development of Web 3.0, the combination of the virtual and the real world is a perfect area for Yeahka to involve in. Its social recommendation properties and the interactive nature between the virtual and the reality can empower the business ecosystem of Yeahka, adding more possibilities for the in-store e-commerce business and merchant solutions.
Based on this, Yeahka Gaming launched the Year of the Tiger AR game during the Chinese New Year of the Tiger, and the game eventually had an exposure of more than 40 million times in the WeChat ecosystem, and the daily average WeChat index of related keywords was over 10,000, with the peak value exceeding 50,000. The community feedback on the game was also positive with the participation rate through sharing reaching over 26.6%, and the new customer acquisition rate through sharing was 50.1%.
This further proves that the path of empowering merchants and consumers through the metaverse is viable and that Yeahka will continue to explore how to use "meta-universe + Web 3.0" to empower its business ecosystem.
It is said that Yeahka will next launch a 3D store operation simulation game for consumers, in which players can build their own islands and operate stores related to real merchants on the islands; players can also visit each other and interact with businesses on the islands, breaking the barriers between the virtual and the reality through in-store incentives to achieve social media recommendation marketing and traffic attraction for the in-store e-commerce business of Yeahka.
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VMware | March 23, 2022
Based on its recent analysis of the Global Blockchain Services space, Frost & Sullivan recognizes VMware with the 2022 Customer Value Leadership Award for creating an enterprise grade-blockchain that allows companies to deploy multi-party applications with a range of popular smart contract languages. VMware is a leading multi-cloud and application technology provider with over 20 years on the market, enabling digital innovation and improving business performance with best-in-class solutions.
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. The company works to harness the next wave of innovation and help solve customers' toughest challenges through disruptive technologies, such as artificial intelligence (AI), blockchain, edge computing, and machine learning.
"Creating a private permissioned blockchain based on Byzantine fault-tolerant state machine replication, VMware's architecture facilitates enterprises to run distributed, multi-party applications in multiple smart contract languages, with network trust and resilience built in," said Nick J. Baugh, Industry Analyst at Frost & Sullivan. "VMware Blockchain thus equips enterprises with a robust and highly efficient platform that does not suffer the main drawbacks of alternative blockchain models. Compared to other blockchain models, such as proof-of-work mechanism, VMware's approach is highly efficient and sustains massive numbers of nodes and data transactions."
Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers, focusing on improving the return on the investment that customers make in its services or products. The award recognizes VMware's unique focus on augmenting its customers' value, beyond simply good customer service, leading to improved customer retention and customer base expansion.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.
RiverMeadow | April 19, 2022
RiverMeadow Software Inc., a leading provider of Cloud Migration and Disaster Recovery Software and Services, announced today that it has added new capability to its market-leading Cloud Migration Platform to allow customers the option to carry out VM-based or OS-based migrations to any cloud. This makes RiverMeadow the only Multi-Cloud Migration Platform in the market to offer customers the choice of how they migrate to Public Clouds, including Microsoft Azure, Google Cloud Platform (GCP) or Amazon Web Services (AWS).
"RiverMeadow is fanatically focused on delivering the most flexible Migration Platform in the market", states Jim Jordan, President and CEO of RiverMeadow. "We offer flexibility in terms of how you deploy, flexibility in terms of which cloud you're going to, and now flexibility in terms of how you migrate – by VM or by OS. By leveraging our Migration Platform in this way, RiverMeadow is uniquely positioned to address the vast majority of diverse use cases, making cloud adoption faster and more cost-effective."
Key benefits of RiverMeadow's Multi-Cloud Migration Platform include:
Flexibility of Migration:Migrate by VM - ideal for Lift and Shift; minimal impact to resourcing and minimal organisation change
– Migrate by OS - ideal for OS modernization as part of the migration; rightsizing; support for nonstandard and deprecated hypervisors
Migrate to any Target - supports VMware on any public cloud and native IaaS on Azure, AWS and GCP
Cloud Mobility - Supports migration off of public cloud and onto private or on prem or migrate between any public cloud with ease
Ease of Deployment - The Platform set can be instantiated and ready for migration inside an hour
Flexibility of Deployment - SaaS or local deployment (in choice of public cloud hypervisor or on premise)
Speed of Migrations - Designed with the principles of speed and accuracy of migrations
OS Modernization - Retire legacy Operating Systems as you migrate; the only automated modernization technology endorsed by Microsoft for Windows OS upgrades
Multi-Cloud - Single Pane of Glass to handle all migration efforts to any private or public cloud
Data Only Migration - Decouples data from the OS
– Full Migration (OS + Apps + Data)
– User Profile Migration (Physical endpoint / VDI -> VDI PaaS)
Integrated Disaster Recovery – Migrate and Protect workloads
"We are committed to delivering greater value to our customers," explains Greg Dennis, Chief Technology Officer at RiverMeadow. "The added flexibility to offer both VM-based and OS-based migrations from ANY source to any public or private cloud with zero impact to the source environment shows the extent to which we are further differentiating ourselves as an industry leader in the cloud migration market."
RiverMeadow provides a broad range of fixed-price Multi-Cloud Migration and Disaster Recovery Services and Product capability to dramatically reduce the time, cost and risk of moving physical, virtual and cloud-based workloads into and between public or private clouds.