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.
VIRTUAL SERVER INFRASTRUCTURE
Red Hat | October 28, 2022
Red Hat, Inc., the world's leading provider of open source solutions, today introduced Red Hat Device Edge, a solution for flexibly deploying traditional or containerized workloads on small devices such as robots, IoT gateways, points of sale, public transport and more. Red Hat Device Edge delivers an enterprise-ready and supported distribution of the Red Hat-led open source community project MicroShift, a lightweight Kubernetes orchestration solution built from the edge capabilities of Red Hat OpenShift, along with an edge-optimized operating system built from Red Hat Enterprise Linux. This latest product in the Red Hat edge portfolio aims to provide a future-proof platform that allows organizations’ architecture to evolve as their workload strategy changes.
As more and more companies deploy edge computing across a broader range of use cases, many new questions, operational needs and business challenges are poised to arise. In industries like automotive, manufacturing and more, organizations are up against different environmental, security and operational challenges that require an ability to work with small form-factor edge devices in these resource constrained environments. Ultimately, different devices have different requirements in terms of computing power, software compatibility and security footprint.
With Red Hat Device Edge, organizations can have the flexibility to deploy containers at the edge in a small footprint, reducing compute requirements by up to 50% in comparison to traditional Kubernetes edge configurations. It also helps to address many of the emerging questions around large-scale edge computing at the device edge by incorporating:
Kubernetes built for edge deployments, enabling IT teams to use familiar Kubernetes features in a new, smaller, lighter-weight footprint offered by MicroShift. This lowers the barrier of entry for teams building cloud-native applications for edge computing environments and enables them to use existing Kubernetes skills to achieve greater consistency of operations across the entirety of the hybrid cloud, from the datacenter to public clouds to the edge.
An edge-optimized Linux OS built from the world’s leading enterprise Linux platform in Red Hat Enterprise Linux and tailored for small edge devices with intelligent updates that use minimum bandwidth. This helps organizations tackle the challenges of intermittent connectivity while mitigating the impact on edge innovation.
Capabilities for centrally scaling and monitoring edge device fleets with Red Hat Smart Management. IT teams can use zero-touch provisioning, system health visibility and updates with automatic rollbacks to maintain a stronger edge management and application security posture.
Red Hat Device Edge for far-flung, resource constrained use cases across different industries
Red Hat Device Edge was created to help Red Hat customers and partners tackle their most challenging edge environments. For example, Lockheed Martin has been collaborating with Red Hat in the MicroShift project community and is also working to deploy Red Hat Device Edge to modernize and standardize its application delivery and AI workloads in extreme conditions including wildland fire management, contested military environments and space. Additionally, ABB is planning to use Red Hat Device Edge for ABB Ability™ Edgenius™ on resource constrained devices. Edgenius is a comprehensive edge platform for industrial software applications.
Red Hat Device Edge will be aimed at organizations who require small factor edge devices with support for bare metal, virtualized or containerized applications, regardless of industry. Additional use cases include but are not limited to:
Miniature, connected nodes on public transportation where edge devices are often in motion but still need faster processing via AI/ML to analyze data locally in real time (i.e. railways, mining, cars, drones).
Resilient resource nodes at challenging locations like weather monitoring stations where, in spite of the harsh, tough-to-support environments, an edge device will still be capable of taking care of itself with the ability to perform automated software rollbacks, maintain a stronger security posture and better enforce sensitive data controls.
Emerging edge constrained scenarios where thousands of edge devices may be running applications in locations that make weight, temperature and connectivity all major concerns.
Red Hat Device Edge meets organizations wherever they are today in their edge computing journey, as it will run a wide variety of workloads using Podman for edge container management or MicroShift for a Kubernetes API. Customers will even be able to use legacy windows applications within a virtual machine.
Red Hat Device Edge is planned as a developer preview early next year, and expected to be generally available with full support later in 2023.
Francis Chow, vice president and general manager, In-Vehicle Operating System and Edge, Red Hat
“Innovation at the edge has introduced new benefits and use cases for organizations across all industries - but it has also created new challenges. Working with our customers and partners, Red Hat began a journey to develop a new technology offering - designed specifically for the edge - extending our hybrid cloud solution so that our ecosystem will be able to take advantage of intelligence paired with trusted open source technology to tackle their smallest footprint remote edge use cases. Tested in the community, now produced by Red Hat, Red Hat Device Edge is a major next step in harnessing the full range of benefits promised by edge computing.”
Justin Taylor, vice president of Artificial Intelligence, Lockheed Martin
“Red Hat Device Edge will enable Lockheed Martin to revolutionize artificial intelligence processing for our DOD customers’ most challenging missions. The ability for small military platforms to handle large AI workloads will increase their capacity in the field, ensuring our military can stay ahead of evolving threats. Lockheed Martin is a long-time customer and collaborator to Red Hat and working on Red Hat Device Edge together is a critical next step in this strategic relationship.”
Bernhard Eschermann, chief technology officer, ABB Process Automation
“ABB is excited to continue working with Red Hat to streamline the transition from automated to autonomous operations for the manufacturing industry. With Red Hat Device Edge, ABB will be able to connect cloud and control environments to improve asset efficiency and operations by aggregating and analyzing data on devices with more limited resources. With this continued collaboration, ABB’s ecosystem will experience the benefit of open source solutions driven by innovative market leaders now and in the future. ”
About Red Hat, Inc.
Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.
VIRTUAL DESKTOP TOOLS,SERVER VIRTUALIZATION,SERVER HYPERVISORS
Future Technologies Venture | December 07, 2022
Future Technologies Venture, LLC a Lead Systems Integrator, today announced that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner organizations that are leaders in positioning and selling Cradlepoint’s 5G for business solutions by meeting a series of sales, technical, and business proficiency criteria.
By receiving the specialization, Future Technologies will support Cradlepoint’s efforts of selling the industry’s most comprehensive portfolio of 5G solutions to meet the business imperatives of availability, interoperability, security, and manageability. Future Technologies is an industry leader in deploying Public and Private Cellular Networks. Future Technologies built their Private Cellular experience over the last 12 years through engagements with the DoD deploying 2G, 3G, 4G and now 5G NSA and 5G SA. Future Technologies has also deployed several Private Cellular Networks across various industries including Manufacturing, Chemical, and Education, among others.
“Private 5G will enable business outcomes for our customers and will help them optimize their processes and allow for growth for years to come. We are excited to bring Cradlepoint’s 5G endpoints into the fold,” comments Ian Chan, President, Future Technologies.
By combining its NetCloud platform with a clean-sheet-of-paper design for its new 5G modems and antenna systems, Cradlepoint is the first to deliver comprehensive 5G solutions for business. Specific capabilities include combining LTE, Gigabit-Class LTE, and 5G in a single wireless WAN; supporting all 5G spectrums, interoperating with existing customer SD-WAN and router infrastructures; and simplifying the entire network management lifecycle.
“Cradlepoint is committed to leading the evolution of Wireless WAN and 5G and is both the first and best choice for customers in this space,” Our reseller, service provider, and technology partners play a crucial role in this mission. The addition of Future Technologies to our 5G for Enterprise Branch Specialization program is another important step in leading the path to 5G for business.”
Eric Purcell, senior vice president of global partner sales at Cradlepoint.
About Future Technologies Venture, LLC
Future Technologies Venture, LLC is a Lead System Integrator (LSI) specializing in the assessment, planning, design, implementation, and support of innovative communications solutions for vertical markets – DoD, Utility, Oil & Gas, Manufacturing and Transportation. Future Technologies maintains a strong concentration on emerging standards such as 5G, 4G, Private LTE, WIFI, SCADA and Automation technologies.
Lightbits | November 21, 2022
Lightbits, the first software-defined and architected for NVMe® over TCP (NVMe®/TCP) data platform for any cloud, today announced that x-cellent technologies, a German-based technology consultancy, will integrate their high-performance, persistent storage running on Intel® high-performance technologies into their metalstack.cloud infrastructure. metalstack.cloud is a new cloud service offering that was initiated by x-cellent technologies on base of Open-Source solutions like Gardener as an alternative to public cloud solutions. metalstack.cloud targets customers and developers who require a secure tech platform to run Kubernetes as a Service for their applications from different industries and market domains, such as manufacturing companies, software companies, consulting companies, and startups. The service is produced and operated in Germany.
metalstack.cloud is a set of microservices that implements Kubernetes (K8s) as a service on bare metal and enables elastic cloud infrastructure. It leverages K8s clusters so that end users can easily, securely, and cost-effectively launch their apps on the platform without having to worry about server hardware, networking, and storage management. The architecture is based on their open-source software, metal-stack.io, which was developed for the highly regulated financial sector and is being used successfully by CSPs, including Finanz Informatik Technologie Service (FI-TS), which is also the developer of metal-stack.io and a Lightbits customer. By using metalstack.cloud end users have access to a full K8s stack to develop and run their applications on and can be up and running within 15 minutes.
“We have found Lightbits to be a perfect match for K8s workloads, a much simpler, and higher performing alternative to Ceph and other enterprise storage solutions, We have integrated Lightbits software with Intel high-performance hardware into our state-of-the-art Platform as a Service (PaaS), metalstack.cloud, because it allows us to manage the entire infrastructure of the data center with a lot of flexibility and in a highly available way.”
Stefan Majer, Chief Technology Officer at x-cellent technologies GmbH
The combined solution of Lightbits software with Intel high-performance technologies delivers an unmatched combination of performance, resiliency, and cost-efficiency for any cloud. Together, the companies are helping customers address their complex data center needs enabling CSPs, like metalstack.cloud, to deliver fast, resilient, and secure services to their clients. The solution can be used as a high-performance data platform for any orchestration environment, such as OpenStack, or to run container-based applications in a Kubernetes environment as well as virtualized applications in a VMware vSphere environment.
“We are proud that x-cellent technologies have chosen Lightbits for their cloud platforms. It’s a good match, as their business philosophy closely aligns with our own—build state-of-the-art cloud data platforms that are simple to consume and deliver an unbeatable price-to-performance ratio at scale,” said Eran Kirzner, CEO at Lightbits Labs. “Our solutions help rid customers of the costly dependencies to hyperscalers, and vendor lock-in, but without compromising high-performance, security, scalability, and ease of use.”
metalstack.cloud is in beta release, with general availability in 2023.
About Lightbits Labs
Lightbits Labs® (Lightbits), is on a mission to make high-performance block storage simple, scalable, and cost-efficient for any cloud. Lightbits offers a Cloud Data Platform that delivers efficiency, simplicity, and agility for modern data centers. Inventors of the NVMe® over TCP (NVMe/TCP) protocol, Lightbits is leading the digital data center transformation by making software-defined storage that is easy to deploy at scale and delivers performance equivalent to local flash to accelerate cloud-native applications in bare metal, virtual, or containerized environments.