Intel

Optical Transceiver Market worth $25.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 26, 2024

The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.

Key Points: 
  • The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.
  • Fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) networks require optical transceivers to deliver high-speed broadband internet directly to homes and businesses.
  • The increasing adoption of 5G networks, rising data center traffic, and the proliferation of cloud services are some of the key factors driving the growth of the optical transceiver market.
  • The demand for higher bandwidth and faster data rates is driving the growth of the LC optical transceiver market.

Optical Transceiver Market worth $25.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 26, 2024

The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.

Key Points: 
  • The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.
  • Fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) networks require optical transceivers to deliver high-speed broadband internet directly to homes and businesses.
  • The increasing adoption of 5G networks, rising data center traffic, and the proliferation of cloud services are some of the key factors driving the growth of the optical transceiver market.
  • The demand for higher bandwidth and faster data rates is driving the growth of the LC optical transceiver market.

First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program

Retrieved on: 
Tuesday, March 26, 2024

SAN JOSE, Calif. and HILLSBORO, Ore., March 26, 2024 /PRNewswire/ -- Today, First Tech Federal Credit Union, the financial partner for tech innovators, is unveiling details of the First Tech Relocation Banking Program, which helps employees moving to the U.S. with an approved employer easily set up U.S. savings and checking accounts and establish and build U.S. credit. A recent study found that 89% of U.S. employers are currently hiring foreign national employees. Moreover, a record-setting number of H-1B registrations, the program for employers seeking to hire nonimmigrant aliens, were submitted in 2022, and experts believe 2023 will show it was even higher. By reducing the financial stress for transferees with an end-to-end financial solution, including access to savings and checking accounts, credit products, and mortgage services, First Tech's program helps support eligible companies by ensuring their employees can financially settle into the US.

Key Points: 
  • "We've been supporting our employer partners with employee relocation to the U.S. and within the U.S. for more than 20 years, and our First Tech Relocation Banking Program addresses the financial needs of their employees at every stage," said Bryan Rivers, First Tech Relocation Banking Program Manager at First Tech.
  • First Tech is also seeing momentum, growing its First Tech Relocation Banking Program by nearly 6% annually.
  • First Tech provides employees of eligible employers with access to credit products, including a $25,000 limit Mastercard, at attractive rates to help them establish credit.
  • For more information about First Tech's Relocation Banking Program, including approved employers, visit https://www.firsttechfed.com/discover/sponsor-companies .

Amidst Consulting Industry's Turmoil, BlueCloud Soars with Innovative, AI-Driven Focus

Retrieved on: 
Tuesday, March 26, 2024

TAMPA, Fla., March 26, 2024 /PRNewswire-PRWeb/ -- As the consulting industry faces a turning point with the Big Four announcing significant layoffs, (1) BlueCloud takes a divergent path by implementing a business model, not dissimilar to NVIDIA's organizational success. This model, featuring fewer layers of management and mission-driven teams, contrasts sharply with traditional structures, positioning BlueCloud to navigate economic fluctuations with agility and foresight. "In the wake of recent layoffs within the Big Four, it's imperative to recognize the power of agility and forward-thinking in today's business climate," says Kerem Koca, CEO of BlueCloud.

Key Points: 
  • Amid widespread layoffs in the consulting industry, including the Big Four, BlueCloud distinguishes itself by a NVIDIA-like lean, mission-driven organizational model.
  • Kerem Koca, CEO of BlueCloud, advocates agility and innovation as the foundation for the company's resilience and growth.
  • This strategy has helped BlueCloud to rapidly expand while remaining stable, avoiding the layoffs that are impacting traditional business models.
  • "At BlueCloud, we're committed to a path of innovation and adaptability, which we believe is critical to surviving and thriving amidst market shifts.

Industry 4.0 and Beyond: Realizing the Full Potential of Industrial IoT Connectivity

Retrieved on: 
Tuesday, March 26, 2024

TAIPEI, March 26, 2024 /PRNewswire/ -- The industrial landscape is undergoing a rapid transformation, driven by the surge of Industrial Internet of Things (IIoT) devices. This interconnected ecosystem, while promising improved efficiency and productivity, presents a crucial challenge: Security. Protecting sensitive data, ensuring operational integrity, and safeguarding critical assets are paramount concerns in the IIoT era. As OT networks in manufacturing become increasingly interconnected and more reliant on digital technology, they also become more susceptible to cyber threats. Industry 4.0 emphasizes the need for robust cybersecurity measures within OT networks. Security protocols such as network segmentation, firewalls, intrusion detection systems, and encryption techniques must be implemented to safeguard critical industrial processes from cyber-attacks.

Key Points: 
  • Security protocols such as network segmentation, firewalls, intrusion detection systems, and encryption techniques must be implemented to safeguard critical industrial processes from cyber-attacks.
  • Uninterrupted Connectivity: Embracing the Industry 4.0 vision, the ISA 141 supports simultaneous 5G data connections through dual 5G.
  • The ISA 141 finds its application across various industrial scenarios where secure and high-performance connectivity is critical for ICS and OT security.
  • In smart construction sites, it covers larger areas through wireless connectivity for seamless communications between IoT devices.

Generative AI takes center stage at SAS Innovate

Retrieved on: 
Monday, March 25, 2024

CARY, N.C., March 25, 2024 /PRNewswire/ -- Generative AI has captured the public's imagination because it makes data and AI more accessible to people of varying job roles and experience. Yet for many organizations, putting AI into practice and generating trustworthy insights remain huge challenges.

Key Points: 
  • The best place to learn how to build value with AI is SAS Innovate , the data and AI experience for business leaders, technical users and SAS partners.
  • "Innovation is at the core of how SAS serves its customers, and that's what SAS Innovate celebrates," said Jennifer Chase, Chief Marketing Officer at SAS.
  • A new event at SAS Innovate this year is an express version of the annual SAS Hackathon.
  • SAS will also host SAS Innovate on Tour , a series of complimentary in-person events in Asia, Europe and Latin America from May through September (registration coming soon).

Avant Technologies to Build First AI-Focused Data Center in Milwaukee

Retrieved on: 
Monday, March 25, 2024

Avant's initial data center is set to be built in Milwaukee, Wisconsin.

Key Points: 
  • Avant's initial data center is set to be built in Milwaukee, Wisconsin.
  • Avant expects its state-of-the-art facility to be operational in the first half of 2025.
  • "It has always been part of our strategy to leverage the power of our technology to eventually operate our own data centers.
  • Microsoft is expanding its recent billion-dollar investment with a new data center south of Milwaukee, while Google established a Madison office focused on data center optimization.

AI Server Explosion Drove Accelerator Revenues by 224 Percent in 2023, According to Dell'Oro Group

Retrieved on: 
Friday, March 22, 2024

REDWOOD CITY, Calif., March 22, 2024 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, strong demand for AI servers drove the revenues for GPU and custom accelerators by 224 percent in 2023. In 2024, in addition to continued growth momentum for AI infrastructure, we expect a broad recovery for the server and storage system component market as some of the hyperscale cloud service providers enter an expansion cycle, and enterprise IT spending gradually unfreezes.

Key Points: 
  • "The accelerator market is set to maintain strong growth momentum as the hyperscale cloud service providers deploy next-generation AI infrastructure for larger training models and increasing inferencing demands," stated Baron Fung, Senior Research Director at Dell'Oro Group.
  • "Enterprise adoption of AI applications is rising, driving the need for infrastructure in both public cloud and private data centers.
  • Accelerator revenues surpassed CPU revenues for the first time in 2023, reflecting a shift towards accelerated computing.
  • Smart NIC revenues grew more than 50 percent in 2023, driven by strong hyperscale adoption for both AI and non-AI use cases.

Cloud Native Computing Foundation Announces the Winners of its First CloudNativeHacks Hackathon

Retrieved on: 
Friday, March 22, 2024

PARIS, March 22, 2024 /PRNewswire/ -- KubeCon + CloudNativeCon Europe – The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, today announced the first, second, and third-place winners of CloudNativeHacks.

Key Points: 
  • PARIS, March 22, 2024 /PRNewswire/ -- KubeCon + CloudNativeCon Europe – The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, today announced the first, second, and third-place winners of CloudNativeHacks .
  • During KubeCon + CloudNativeCon Europe 2024, CNCF, in collaboration with the United Nations, hosted its first-ever hackathon, CloudNativeHacks, to focus on advancing the delivery of the UN Sustainable Development Goals (SDGs).
  • "Congratulations to the winners of the first-ever CloudNativeHacks event," said Priyanka Sharma, Executive Director of the Cloud Native Computing Foundation.
  • The hackathon was presided over by a panel of judges from the cloud native community and the United Nations, including:
    Omar Mohsine Open Source Program Office, United Nations

Iron Workers Union Boast Preliminary Agreement Between Biden Administration and Intel

Retrieved on: 
Thursday, March 21, 2024

CHANDLER, Ariz., March 21, 2024 /PRNewswire/ -- A pivotal partnership between the Biden administration and Intel marks a groundbreaking moment as the Department of Commerce announces a preliminary agreement. This agreement, facilitated under the CHIPS and Science Act, designates up to $8.5 billion in direct funding and billions more in loans for Intel. This investment will fuel the construction and expansion of Intel facilities across Arizona, Ohio, New Mexico, and Oregon, pushing a new era of UNION JOB creation and innovation.

Key Points: 
  • CHANDLER, Ariz., March 21, 2024 /PRNewswire/ -- A pivotal partnership between the Biden administration and Intel marks a groundbreaking moment as the Department of Commerce announces a preliminary agreement.
  • This agreement, facilitated under the CHIPS and Science Act, designates up to $8.5 billion in direct funding and billions more in loans for Intel.
  • Some ironworkers are already seeing the benefits of Intel's development, "Iron Workers Local 172 is currently fully employed and active at the New Albany, Ohio Intel site with 156 members."
  • Iron Workers Local 847 covers portions of Arizona and New Mexico and will put more than 250 ironworkers to work at Intel.