Infrastructure

Cross River Bank Delivers Rapid Digital Innovation with Aviatrix Intelligent Cloud Networking™

Retrieved on: 
Tuesday, January 31, 2023
Cloud, Amazon Web Services, Automation, IP, Financial services, Amazon, Security, AWS, Aircraft pilot, Infrastructure, Cross River Bank, Online shopping, Internet service provider, Visibility

SANTA CLARA, Calif., Jan. 31, 2023 /PRNewswire/ -- Aviatrix, the pioneer of Intelligent Cloud Networking™, today announced that Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, has selected Aviatrix as its cloud networking provider.

Key Points: 
  • Aviatrix Cloud Networking Platform Enables Business Agility, Security, Visibility, and Automation in the Highly-Regulated Financial Services Industry
    SANTA CLARA, Calif., Jan. 31, 2023 /PRNewswire/ -- Aviatrix , the pioneer of Intelligent Cloud Networking™, today announced that Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, has selected Aviatrix as its cloud networking provider.
  • Cross River has built a reputation for innovation in this highly-regulated industry as a trusted financial services organization that merges the established expertise of a bank with the innovation and product offering of a technology company.
  • As it rapidly grows its Amazon Web Services (AWS) environment, Cross River Branch Biz Banking application, and services offerings around emerging digital sectors like cryptocurrency, Cross River has selected Aviatrix as the foundation for its multicloud architecture.
  • The Aviatrix Cloud Networking Platform delivers enterprise-class telemetry, visibility, and control that's not available from cloud service providers (CSPs).

North America Cloud Based Data Management Services Market Report 2022: Featuring IBM, Fujitsu, Dell Technologies, SAS Institute & More

Retrieved on: 
Thursday, January 26, 2023
Cloud, Amazon S3, Cloud computing, Energy, Amazon, Country, Government, Data management, Telecom, Sustainable Energy Utility, Computer security, Software, Infrastructure, BFSI, Macquarie Telecom Group, Final good, Integrated Services Digital Network, Education, Health care, Platform, Service model, Video game, Others, Vertical

Most people are drawn to cloud storage because it allows them to access other people's infrastructure and storage gear as needed.

Key Points: 
  • Most people are drawn to cloud storage because it allows them to access other people's infrastructure and storage gear as needed.
  • The US market dominated the North America Cloud Based Data Management Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43, 352.9 million by 2028.
  • Based on Service Type, the market is segmented into Integration Services, Data Security & Back-up Services and Quality-as-a-Service.
  • Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Global Cloud Computing in Industrial IoT Market Report 2022-2027: Edge Computing is Dramatically Improving the Efficiency, Effectiveness and ROI for Industrial IoT Operations

Retrieved on: 
Thursday, January 26, 2023
Cloud, Platform as a service, Automation, Infrastructure as a service, Software, Health, Cloud computing, Transport, Software as a service, Internet of things, Device, ICT, Video game, Semiconductor, Service, Infrastructure, Industrial, Industrial internet of things

We see cloud computing in the IIoT market reaching $304.9 billion by 2028, combining infrastructure equipment and embedded solution, software application, and platform solution.

Key Points: 
  • We see cloud computing in the IIoT market reaching $304.9 billion by 2028, combining infrastructure equipment and embedded solution, software application, and platform solution.
  • This report evaluates the technologies, players, and solutions relied upon for cloud computing in IIoT.
  • The report analyzes the impact of SaaS, PaaS, and IaaS upon IIoT as well as cloud computing software, platforms, and infrastructure in support of edge computing.
  • The report also assesses market opportunities for cloud computing support of IIoT devices and the objects that will be monitored, actuated, and controlled through IoT-enabled processes.

Hecate Energy Secures a $550 Million Credit Facility Package, Including Five-Year Term Loan and LC Facility

Retrieved on: 
Tuesday, January 24, 2023
Winston & Strawn, National bank, North American power transmission grid, Deutsche Bank, Letter, SunLight General Capital, Infrastructure, IPB, PPA, LC, National Bank of Canada, Renewable energy, Investec, Hecate, Nomura

CHICAGO, Jan. 24, 2023 /PRNewswire/ -- Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit ("LC") facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities will be collateralized by Hecate Energy's ~35 GW pipeline of renewables development projects, along with its minority ownership interests in Hecate Grid.

Key Points: 
  • CHICAGO, Jan. 24, 2023 /PRNewswire/ -- Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit ("LC") facility to support further expansion of its solar and energy storage project pipeline.
  • The new credit facilities will be collateralized by Hecate Energy's ~35 GW pipeline of renewables development projects, along with its minority ownership interests in Hecate Grid.
  • PEI Global Partners served as Hecate's exclusive financial advisor on this innovative and first of its kind financing and Winston & Strawn acted as borrower's counsel.
  • The proceeds from the term loan refinanced an existing loan facility, at a meaningfully lower cost to Hecate, and the LC facility enables Hecate to issue numerous grid interconnection and PPA LCs enabling it to achieve sales of 5 GW or more annually.

AYPA POWER SECURES $320M CORPORATE CREDIT FACILITY

Retrieved on: 
Monday, January 23, 2023
North American power transmission grid, Banco Santander, Corporation, Letter, Partnership, Blackstone, ESG, Infrastructure, Investment banking, IPB, Renewable energy, Cryptocurrency, Investec, Nomura

The facility will support the development and commercialization of Aypa's 15+ GW project pipeline across North America.

Key Points: 
  • The facility will support the development and commercialization of Aypa's 15+ GW project pipeline across North America.
  • The facilities are comprised of a $250 million letter of credit facility and a $70 million revolving credit facility, providing Aypa with development capital and credit support to secure obligations principally relating to power purchase agreements and other revenue contracts, as well as interconnection agreements.
  • "We greatly appreciate the institutional support of our lead lenders who worked in partnership with Aypa," said Marc Atlas, Chief Financial Officer of Aypa Power.
  • "We are very proud to have supported Aypa in this pivotal moment of its corporate development and capital raising process," said Nuno Andrade, Managing Director and Head of Structured Finance US at Santander's Corporate & Investment Banking.

LongPath Welcomes Sam Cummings as Chief Financial Officer and Joe Quoyeser as Chief Commercial Officer

Retrieved on: 
Monday, January 23, 2023
Permian, BMO Capital Markets, Accounting, Interim, Mining, GHG, CFO, Mobility, Energy, Permanent University Fund, UL, ExxonMobil, Resources & Energy Sector Infrastructure Council, McKinsey & Company, Waste management, Infrastructure, Methane, Asset, EVP, Agriculture, Investment, Multimedia, Senior, Management, Private investigator

BOULDER, Colo., Jan. 23, 2023 /PRNewswire/ -- LongPath Technologies, Inc. ("LongPath"), a monitoring service providing continuous detection and quantification of methane emissions for the oil field, today announced the appointment of Sam Cummings as Executive Vice President for Strategy and Chief Financial Officer and Joe Quoyeser as Senior Vice President and Chief Commercial Officer.

Key Points: 
  • BOULDER, Colo., Jan. 23, 2023 /PRNewswire/ -- LongPath Technologies, Inc. ("LongPath"), a monitoring service providing continuous detection and quantification of methane emissions for the oil field, today announced the appointment of Sam Cummings as Executive Vice President for Strategy and Chief Financial Officer and Joe Quoyeser as Senior Vice President and Chief Commercial Officer.
  • LongPath systems are uniquely flexible, allowing operators to tailor measurement frequency, quantification rigor, detection thresholds, and alert modality to meet strategic objectives.
  • As CFO, Sam Cummings will be responsible for capital formation, financial reporting, accounting, investor relations, business intelligence, legal and human resources.
  • Sam joins LongPath from Vision Ridge Partners, a Boulder-based Sustainable Real Asset Investor with $3+ billion under management.

Hexagon announces a summary of its Q4 2022 results and changes the release date of its full year-end report following an isolated email incident

Retrieved on: 
Monday, January 23, 2023
Hexagon AB, GES, EU, IES, Business analyst, Privacy, Infrastructure, Cryptocurrency, Safety, Hexagon

A swift investigation confirmed no impact to Hexagon's internal networks or operations, nor was any evidence found that confidential information was taken.

Key Points: 
  • A swift investigation confirmed no impact to Hexagon's internal networks or operations, nor was any evidence found that confidential information was taken.
  • All regions saw healthy organic growth development (EMEA: 11 per cent, Americas: 7 per cent and Asia: 7 per cent).
  • "Hexagon takes privacy and security seriously and we felt it prudent to report a summary of our fourth quarter numbers as soon as possible.
  • I look forward to discussing the results in more detail on 24 January", says Hexagon President and CEO Paolo Guglielmini.

North America Healthcare Blockchain Market Report 2022-2027 Featuring Emerging Players - Welwaze Medical, Noom, Embleema, AmArmchai, HealthChain, uFirst, Medical Veda, TEEB Health, WelbeCare, Yana

Retrieved on: 
Sunday, January 22, 2023
Patientory, Cloud, Granulation, COVID-19, Deployment, Microsoft, Oracle, Human rights in Muslim-majority countries, Health, Intel, Intelligence, Pharmacy, Hospital, Cerner, Fraud, Health data, Privacy, Specialist, Growth, Application, Physician, Infrastructure, GDP, Middleware, Trust, Laboratory, Healthcare industry, Patient, Organization, Acquisition, Health care, Telecommunications, Nuance Communications, Clifton Springs Hospital & Clinic, Cryptocurrency, Pharmaceutical industry, Video game, Blockchain

In the North America Healthcare Blockchain market, the Patient-centric Health Data type is expected to be the major gainer with its market share reaching ~30% by 2027.

Key Points: 
  • In the North America Healthcare Blockchain market, the Patient-centric Health Data type is expected to be the major gainer with its market share reaching ~30% by 2027.
  • The Infrastructure & Protocol provider segment holds the largest market share in the North America Healthcare Blockchain Market as blockchain technology is based on protocols that keep increasing with updates.
  • The United States accounts for the largest share within the total North America Healthcare Blockchain market, accounting for more than three quarters of total market revenue.
  • The Healthcare Blockchain market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players in Blockchain Solutions in the Healthcare Sector.

Global Managed Services Provider AireSpring Launches VMware Cloud Web Security

Retrieved on: 
Friday, January 20, 2023
Acceleration, Total cost of ownership, VMware, GPN, SD, WFA, TCO, Computation, Airespring, Security, NOC, Health Disparities Center, Unified communications, Infrastructure, VPN, SASE, Online shopping

CLEARWATER, Fla., Jan. 20, 2023 /PRNewswire-PRWeb/ -- AireSpring, a leading global managed services provider specializing in Managed IT, Security Services, and Unified Communications, announced today that it is one of the first solution providers to deliver a completely integrated, global, fully managed SASE service--a platform that is built on the market-leading VMware SASE Platform.

Key Points: 
  • CLEARWATER, Fla., Jan. 20, 2023 /PRNewswire-PRWeb/ -- AireSpring, a leading global managed services provider specializing in Managed IT, Security Services, and Unified Communications, announced today that it is one of the first solution providers to deliver a completely integrated, global, fully managed SASE service--a platform that is built on the market-leading VMware SASE Platform.
  • AireSpring makes it easy for businesses to take advantage of these innovations with the launch of our Global Managed SASE solution."
  • AireSpring's Global Managed SASE offer builds on the company's existing VMware-powered Global SD-WAN network and Global Private Network (GPN), as well as the recent deployment of VMware Edge Network Intelligence.
  • Transformation of Security – SASE provides consistent security based on user identity and shifts security staff from managing boxes to delivering policy-based security services.

Amtrak Starts the Process for New Overnight Trains

Retrieved on: 
Thursday, January 19, 2023
Transport, Safety, Auto Train, II, Request for information, Congress, Travel, Infrastructure policy of the Joe Biden administration, News, Long distance, United States House Committee on Transportation and Infrastructure, Infrastructure, Empire Builder, General Directorate of the Infrastructural Investment, Acela, Investment, Committee, Rail transport, Crescent, California Zephyr, Amtrak

WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- A new era at Amtrak accelerates this year, with as many as ten manufacturers submitting their ideas on replacement railcars for world-famous routes such as the Auto Train, California Zephyr, Coast Starlight, Crescent, Empire Builder and Southwest Chief. This marks the first formal step to completely reequip the Amtrak Long Distance Network that provides vital service on 14 overnight routes from coast to coast.

Key Points: 
  • This marks the first formal step to completely reequip the Amtrak Long Distance Network that provides vital service on 14 overnight routes from coast to coast.
  • "Purchasing new long distance train cars will allow Amtrak to upgrade and modernize the iconic and vital overnight services that link our nation's major regions.
  • As part of this effort, Amtrak is also researching design elements and customer amenities to evolve overnight and cross-country train travel in the coming decades.
  • Additionally, Amtrak dedicated $28 million to refresh railcars in the current overnight fleet , aiming to bridge the future fleet's arrival.