Infrastructure

Alternative Wealth Partners (AWP) Announces its Second Vintage, AWP Diversity Fund II LP, Setting $150M Target

Retrieved on: 
Wednesday, March 27, 2024
Partner, Real estate, Infrastructure, Winget, AWP, Investment, Fund, Financial services

DALLAS, March 27, 2024 /PRNewswire/ -- Alternative Wealth Partners (AWP) introduces its second vintage, AWP Diversity Fund II LP, continuing AWP's commitment to diversification strategies. Targeted to bring in $150M, the AWP Diversity Fund II aims to deliver double-digit returns with layered tax advantages through creative deal structuring and exclusive relationships in multiple industries. This private equity fund will be invested directly into Energy, Manufacturing, Real Estate and Infrastructure projects, businesses and properties that have the potential to deliver cash flow and equity returns within 5-7 years.

Key Points: 
  • DALLAS, March 27, 2024 /PRNewswire/ -- Alternative Wealth Partners (AWP) introduces its second vintage, AWP Diversity Fund II LP, continuing AWP's commitment to diversification strategies.
  • Targeted to bring in $150M, the AWP Diversity Fund II aims to deliver double-digit returns with layered tax advantages through creative deal structuring and exclusive relationships in multiple industries.
  • The fund will be managed by Kelly Ann Winget , CEO & Founder of Alternative Wealth Partners, who has a dynamic career in alternative investing, as seen by the success of the inaugural fund, AWP Diversity Fund I LP.
  • The AWP Diversity Fund II will acquire assets held by AWP Diversity Fund I at market value (as determined by an independent third party when applicable).

With Pure Storage, MPI Reduces Data Center Footprint by 95%, Achieves 10x Faster Time to Recovery

Retrieved on: 
Tuesday, March 26, 2024
Microsoft, Health, Longevity, SQL, Environment, Partnership, PSTG, VDI, VMware Horizon, Infrastructure, VMware, Energy, Pure Storage, MPI, Ageing

Faced with aging legacy systems and an escalating ransomware threat, MPI underwent a comprehensive overhaul of its IT operations to prioritize speed, scalability, and data protection.

Key Points: 
  • Faced with aging legacy systems and an escalating ransomware threat, MPI underwent a comprehensive overhaul of its IT operations to prioritize speed, scalability, and data protection.
  • MPI replaced its legacy systems with Pure Storage to achieve these goals, while also enhancing overall performance, efficiency, and recovery time.
  • Efficient Backup and Faster Time to Recovery: MPI replaced all its tape archives with FlashBlade//S for rapid backups and near-instant data recovery.
  • Performance and scalability to meet growing data volumes was a key factor in MPI's purchasing decision of Pure Storage.

VCTI Announces Appointment of Pragash Pillai to Board of Directors

Retrieved on: 
Tuesday, March 26, 2024
Cablevision, Altice USA, Suddenlink Communications, Cable, Sale, Acquisition, Infrastructure, Bresnan Communications, Investment, Altice, FTTH, CTIO, Engineering

SOMERSET, N.J., March 26, 2024 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced the appointment of visionary executive Pragash Pillai to the company's Board of Directors. Pillai is a member of the Cable TV Pioneers Class of 2023 and most recently served as CTIO at Altice USA. Before Altice, he was Senior Vice President of Infrastructure Engineering at Cablevision Systems. He joined Cablevision after the successful sale of Bresnan Communications to Cablevision for $1.36B. He brings extensive experience in the broadband sector, with a deep understanding of market forces and the need to plan strategically to capture opportunity. VCTI will benefit from his extensive experience operationalizing and improving efficiencies around the deployment of new technologies across large, dispersed networks.

Key Points: 
  • SOMERSET, N.J., March 26, 2024 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced the appointment of visionary executive Pragash Pillai to the company's Board of Directors.
  • Pillai is a member of the Cable TV Pioneers Class of 2023 and most recently served as CTIO at Altice USA .
  • VCTI will benefit from his extensive experience operationalizing and improving efficiencies around the deployment of new technologies across large, dispersed networks.
  • We are thrilled to have Pragash as part of our team as we deliver new solutions and approaches to the market."

Gotion High-Tech collaborates with Daiwa Energy & Infrastructure on energy storage power stations

Retrieved on: 
Friday, March 22, 2024
EV, Partnership, Infrastructure, Multimedia, ESS, Renewable energy

TOKYO, March 22, 2024 /PRNewswire/ -- Recently, Gotion Japan, a subsidiary of Gotion High-Tech Co., Ltd., entered into a collaborative agreement with Daiwa Energy & Infrastructure Co. Ltd, and CO2OS in Tokyo, Japan, on joint development, operation and maintenance of energy storage power stations in Japan.

Key Points: 
  • TOKYO, March 22, 2024 /PRNewswire/ -- Recently, Gotion Japan, a subsidiary of Gotion High-Tech Co., Ltd., entered into a collaborative agreement with Daiwa Energy & Infrastructure Co. Ltd, and CO2OS in Tokyo, Japan, on joint development, operation and maintenance of energy storage power stations in Japan.
  • In accordance with the agreement, Gotion Japan, Daiwa Energy & Infrastructure Co. Ltd., and CO2OS will collaborate in the development, operation and maintenance of energy storage power stations in the Japanese market.
  • Specifically, Gotion Japan will be responsible for supplying energy storage cells and providing technical support for daily operation and maintenance.
  • Daiwa Energy & Infrastructure Co. Ltd will handle project feasibility assessments and offer financial support, while CO2OS will manage the operation and maintenance of the energy storage power stations, and provide other relevant technical support as needed.

CDPQ announces the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate

Retrieved on: 
Thursday, March 21, 2024
Real estate, Growth, TIAA, JPMorgan Chase, Environment, CDPQ, Empathy, Knowledge, Infrastructure, Senior, Courage, Diplomacy, Investment, Heart, Partnership

MONTRÉAL, March 21, 2024 /PRNewswire/ - CDPQ today announced the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate.

Key Points: 
  • MONTRÉAL, March 21, 2024 /PRNewswire/ - CDPQ today announced the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate.
  • Rana Ghorayeb has served as President and Chief Executive Officer of Otéra Capital, a CDPQ subsidiary specialized in real estate lending, for nearly five years.
  • Before joining CDPQ in 2012, Rana Ghorayeb already had an impressive track record in real estate in renowned institutions.
  • Rana Ghorayeb will start in her new position on the same date, and will report to the President and Chief Executive Officer of CDPQ.

APAC Green Data Center Market Industry Analysis & Forecasts 2023-2028: Government Initiatives Propel APAC Toward Sustainable Data Center Practices

Retrieved on: 
Thursday, March 21, 2024
Cloud, Natron, Bharti Airtel, Infrastructure, Wind, Carbon, Investment, USD, Huawei, Ali Baba, National university, Microsoft, Foxconn, Solar energy, Economic development, Policy, PDG, AWS, Digital Reality, Future, Renewable energy, UPS, VPS, Biomass, Electricity, Shell, IMDA, Digital Realty, Research, Toll Group, Colocation, Bloom Energy, Alibaba Cloud, Primary energy, NextDC, Amazon Web Services, Guideline, Immersion, PUE, Nautilus Data Technologies, Data center, Chemical substance, Keppel, Infocomm Media Development Authority, Traction, Seawater, Government

DUBLIN, March 21, 2024 /PRNewswire/ -- The "APAC Green Data Center Market - Industry Analysis & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 21, 2024 /PRNewswire/ -- The "APAC Green Data Center Market - Industry Analysis & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The APAC green data center market was valued at USD 7.01 billion in 2022 and is expected to grow at a CAGR of 11.20% from 2022-2028.
  • Hyperscale operators in the APAC green data center market, such as Google, Microsoft, Amazon Web Services (AWS), Alibaba, and Huawei Technologies, drive the market with sustainable investments and innovative technologies.
  • How many MW of power capacity is expected to reach the APAC green data center market by 2028?

Edge Computing: Insights Into Efficiency, Innovation, and Business Value Published by Info-Tech Research Group

Retrieved on: 
Friday, March 15, 2024
Principal, Theft, Organization, Distribution, Initiate, Health, Internet of things, Intermittency, Travel, Research, Human, Infrastructure, Research group, Cryptocurrency

Edge computing is a transformative solution, offering the promise of real-time insights and actions.

Key Points: 
  • Edge computing is a transformative solution, offering the promise of real-time insights and actions.
  • In response to the urgency of addressing these challenges, Info-Tech Research Group has published its latest research blueprint, Initiate Your Edge Computing Journey .
  • Scalability and Distributed Processing: Edge computing supports distributed processing, allowing applications to scale horizontally by adding more edge nodes.
  • Info-Tech Research Group has also opened registration for its upcoming webinar on the potential of edge computing.

Insight Partners Launches Second Enterprise Accelerator Program: IGNITE Enterprise Accelerator (IEA)

Retrieved on: 
Tuesday, March 12, 2024
Community, Research, CDO, Partner, Insight Partners, Growth, Zurich Insurance Group, Knowledge, Infrastructure, Enterprise, IGNITE, Ecosystem, IEA, Dawn Foods, Management

NEW YORK, March 12, 2024 /PRNewswire/ -- Global software investor Insight Partners today announces its second Enterprise Accelerator Program, IGNITE Enterprise Accelerator (IEA) and call for applicants.

Key Points: 
  • NEW YORK, March 12, 2024 /PRNewswire/ -- Global software investor Insight Partners today announces its second Enterprise Accelerator Program, IGNITE Enterprise Accelerator (IEA) and call for applicants.
  • Part of Insight Partners' many offerings for its global portfolio of over 500 leading software companies, Insight IGNITE brings 2500+ enterprise tech executives access to our investment and market perspectives, founders across all stages, and a network of peers driving digital change.
  • "Insight Partners is committed to partnering with enterprise technology and business leaders to nurture innovation by sharing perspectives from the cutting edge of the startup ecosystem," said Praveen Akkiraju, Managing Director at Insight Partners.
  • Community Events & Networking: Invitations to exclusive Insight Partners events and networking sessions, facilitating connections with peers and industry experts.

China's 01.AI Launches Top-Performing Vector Database "Descartes" for LLM

Retrieved on: 
Monday, March 11, 2024
Vector, Microsoft, Database, Algorithm, RAG, Knowledge, Meta, Tree (graph theory), Infrastructure, AI, Ultra, LLM, QPS, Hallucination, René Descartes, Conifer cone, Privacy, Multimedia, Medical device

01.AI's vector database, named "Descartes," has topped the rankings in six data set evaluations on the mainstream ANN-Benchmarks.

Key Points: 
  • 01.AI's vector database, named "Descartes," has topped the rankings in six data set evaluations on the mainstream ANN-Benchmarks.
  • In the Large Language Model (LLM) technology stack, a vector database is an important component in connecting external information with LLMs.
  • Currently, the focus of 01.AI's Descartes Vector Database is on high-performance vector databases.
  • The new vector database capabilities will be effectively applied in the company's AI productivity consumer product launching soon.

EQS-News: INDUS invests in the future field of infrastructure networks

Retrieved on: 
Wednesday, March 13, 2024
Herman Kelly and Life, Growth, Infrastructure, EUR, Heidenheim, Pop, FTTH, FTTC

HAUFF- TECHNIK GRIDCOM develops and produces passive components for the fiber-optic infrastructure in Rosenberg and Heidenheim.

Key Points: 
  • HAUFF- TECHNIK GRIDCOM develops and produces passive components for the fiber-optic infrastructure in Rosenberg and Heidenheim.
  • HAUFF-TECHNIK GRIDCOM’s product portfolio also includes network distributors and fiber-optic distribution boxes for the “last mile” infrastructure to the customer.
  • “The increasing demand for higher bandwidths and faster internet continues to drive the network expansion,” says Dr. Jörn Großmann, the INDUS Board member responsible for the Infrastructure segment.
  • We want to continue to grow in our defined future fields in 2024.”