Foundry

Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships

Retrieved on: 
Tuesday, April 2, 2024

In addition, Shefali Victors, Senior Cloud Practice Architect at Rackspace Technology, will lead a Theater Session, "Build a Secure Architecture Design on Google Cloud" on Tuesday, April 9.

Key Points: 
  • In addition, Shefali Victors, Senior Cloud Practice Architect at Rackspace Technology, will lead a Theater Session, "Build a Secure Architecture Design on Google Cloud" on Tuesday, April 9.
  • Rackspace top talent backed by recognized Google Cloud expertise:
    ISG Provider Lens™ 2023 Leader in Managed Services and Implementation and Integration Services on Google Cloud.
  • Rackspace holds three Google Cloud Specializations for Infrastructure - Services, Cloud Migration - Services, and SAP on Google Cloud – Services.
  • With our cutting-edge Google Cloud and AI solutions, Rackspace helps customers cut costs, boost efficiency, and unlock data insights.

New Oracle Database Survey Shows Customers Satisfied with Current Releases but Concerned with Cost, Effort, and Upgrades Required to Maintain and Support

Retrieved on: 
Thursday, March 21, 2024

” The Rimini Street-sponsored research was conducted among more than 100 U.S.-based Oracle application managers and leads, database architects, database administrators, and senior IT management.

Key Points: 
  • ” The Rimini Street-sponsored research was conducted among more than 100 U.S.-based Oracle application managers and leads, database architects, database administrators, and senior IT management.
  • View the full release here: https://www.businesswire.com/news/home/20240321224051/en/
    New Oracle Database Survey Shows Customers Satisfied with Current Releases but Concerned with Cost, Effort, and Upgrades Required to Maintain and Support (Graphic: Business Wire)
    The survey examines the strategies, underlying forces driving changes, and challenges experienced by Oracle Database customers as Premier Support for 19c comes to an end as of April 2024, followed by Oracle’s Extended Support in 2027.
  • The survey shows that most enterprises depend on Oracle and are running a high number of Oracle instances, with survey participants averaging 182 instances.
  • The data reveals that 41% of respondents are running Oracle Database version 19c while 38% are running an Oracle database instance older than 19c.

Powering Up Panel-Level Packaging! Capcon’s Die Bonder Wins Bulk Adoption by Internationally Leading IDM Giant

Retrieved on: 
Thursday, March 21, 2024

Recently, Capcon’s large panel-level packaging die bonder, AvantGo L6 (Leo), has been adopted in bulk by an internationally-leading IDM manufacturer and mass producer.

Key Points: 
  • Recently, Capcon’s large panel-level packaging die bonder, AvantGo L6 (Leo), has been adopted in bulk by an internationally-leading IDM manufacturer and mass producer.
  • It is attracting the attention of industry leading Fabless, OSAT and IDM to position the technology as part of their packaging roadmap and process development.
  • For die bonder, the substrate size used in panel-level packaging is larger, so the surface prone to warping.
  • It is focusing on wafer-level packaging equipment, panel-level packaging equipment, and substrate-level packaging equipment, committed to providing customers with advanced semiconductor packaging products, technology, and solutions.

Razor Labs Pioneers Advanced Predictive Maintenance in Automotive and Mining in New Strategic Territories

Retrieved on: 
Tuesday, April 2, 2024

SYDNEY, April 2, 2024 /PRNewswire/ -- Razor Labs (TASE: RZR), a leader in AI-driven predictive maintenance solutions, announced today its two pivotal new customers.

Key Points: 
  • SYDNEY, April 2, 2024 /PRNewswire/ -- Razor Labs (TASE: RZR), a leader in AI-driven predictive maintenance solutions, announced today its two pivotal new customers.
  • Razor Labs has signed a contract with a leading German automotive manufacturer to enhance production efficiency and ensure the machine reliability of the manufacturer's metal processing facilities.
  • It positions Razor Labs with the unique ability to expand into new industries at strategic times of our choosing."
  • The foray into the automotive market and continued success in the mining sector signifies Razor Labs' drive to redefine industrial maintenance through AI sensor fusion technology.

Global Survey Reveals 90% of IT Leaders Believe that Unifying the Data Lifecycle on a Single Platform is Critical for Analytics and AI

Retrieved on: 
Thursday, March 28, 2024

SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ -- Cloudera, the data company for trusted enterprise AI, today announced the findings from its survey, Data Architecture and Strategy in the AI Era. Conducted on behalf of Cloudera by Foundry Media, the survey polled over 600 data leaders and senior IT decision makers about the state of modern data architectures and how the rise of artificial intelligence (AI) is impacting data strategies. Most notably, the survey revealed that 90% of IT leaders believe that unifying the data lifecycle on a single platform is critical for analytics and AI. 

Key Points: 
  • Most notably, the survey revealed that 90% of IT leaders believe that unifying the data lifecycle on a single platform is critical for analytics and AI.
  • The proliferation of generative AI is highlighting the importance of trustworthy data because AI insights are only as powerful as the data feeding them.
  • This demonstrates that while many organizations may be investing in AI, there are foundational data roadblocks that must be addressed.
  • Cloudera is committed to helping customers tackle their toughest data and AI challenges as the industry's only hybrid, multi-cloud data platform for data anywhere."

Latest CIO research finds IT budgets a barrier to tech adoption, despite increased funding

Retrieved on: 
Monday, March 4, 2024

“For more than fifteen years, CIO has explored the technology priorities of IT leaders through the CIO Tech Poll study,” said Amy Bennett, Global Editor in Chief at Foundry.

Key Points: 
  • “For more than fifteen years, CIO has explored the technology priorities of IT leaders through the CIO Tech Poll study,” said Amy Bennett, Global Editor in Chief at Foundry.
  • “Over the years, cybersecurity initiatives have consistently consumed a significant share of IT’s budget and time, and this year is no different.
  • Although 86% cited steady or rising budgets this year, 43% still say lack of budget was their main obstacle to new tech adoption over the past 12 months.
  • The AI hype is being felt by ITDMs in 2024, with both tech budgets and IT leaders’ time and attention being claimed by AI-related initiatives.

Westlake Royal Building Products™ to Showcase Be Boundless™ Campaign, Top Industry Trends and New Product Innovations at 2024 International Builders’ Show

Retrieved on: 
Monday, February 26, 2024

Westlake Royal Building Products ™ (Westlake Royal), a Westlake company (NYSE:WLK), will showcase its Be Boundless™ campaign, top industry trends and new product innovations at the 2024 NAHB International Builders’ Show ® (IBS) in Las Vegas from February 27-29, 2024.

Key Points: 
  • Westlake Royal Building Products ™ (Westlake Royal), a Westlake company (NYSE:WLK), will showcase its Be Boundless™ campaign, top industry trends and new product innovations at the 2024 NAHB International Builders’ Show ® (IBS) in Las Vegas from February 27-29, 2024.
  • Homeowners and building pros face complex product selection decisions—navigating around the areas of regional weatherability, performance and sustainability.
  • To meet these varied and evolving needs, Westlake Royal Building Products is exploring every innovation, from new easy-to-install products to support services.
  • At IBS 2024, Westlake Royal will showcase several new colors, profiles and products as part of its Siding & Accessories offerings:
    NEW!

Basis Industrial Welcomes Morgan Clark as Director of Investor Relations

Retrieved on: 
Monday, March 4, 2024

BOCA RATON, Fla., March 4, 2024 /PRNewswire/ -- Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida, is pleased to announce that Morgan Clark has joined its team as director of investor relations.

Key Points: 
  • BOCA RATON, Fla., March 4, 2024 /PRNewswire/ -- Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida, is pleased to announce that Morgan Clark has joined its team as director of investor relations.
  • Prior to joining Basis, Clark led investor relations and fund management for Foundry Commercial's development and investment platform, where he oversaw seven investment funds with a total gross asset value exceeding $4 billion.
  • "With his exceptional leadership background in commercial real estate investor relations, Morgan is a superb addition to the Basis team," said Daniel Weinstein, CEO of Basis Industrial.
  • "I'm happy to bring my expertise in capital management and investor relations to Basis, which is committed to serving its investment partners by identifying and maximizing unique alternative investment strategies," said Clark.

Ginkgo Bioworks Acquires Reverie Labs Platform, Enhancing AI-Driven Drug Discovery Capabilities for Customer Programs

Retrieved on: 
Wednesday, February 28, 2024

BOSTON, Feb. 28, 2024 /PRNewswire/ -- Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, announced the acquisition of key assets of Reverie Labs, which built and used AI/ML tools to accelerate drug discovery.

Key Points: 
  • BOSTON, Feb. 28, 2024 /PRNewswire/ -- Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, announced the acquisition of key assets of Reverie Labs, which built and used AI/ML tools to accelerate drug discovery.
  • Ginkgo has acquired Reverie's infrastructure and software for training large-scale AI foundation models and four of Reverie's key AI team members will join Ginkgo.
  • The acquisition is intended to strengthen Ginkgo's AI/ML-driven discovery services offering and to accelerate Ginkgo's work to build next-generation biological foundation models .
  • Reverie's generative AI platform for chemistry will also be added into Ginkgo's capabilities to support small molecule programs.

European Space Agency and GSMA Foundry Forge Ahead with Partnership, including funding opportunities to help the industry pioneer new innovations in terrestrial-satellite communication

Retrieved on: 
Monday, February 26, 2024

The initiatives are also designed to help open up new revenue streams previously not possible.

Key Points: 
  • The initiatives are also designed to help open up new revenue streams previously not possible.
  • The five key initiatives announced today are:
    GSMA Foundry and ESA jointly launch a series of challenges, starting with up to €15 million in ESA funding opportunities, to help stimulate innovation and project development.
  • Launch of the Non-Terrestrial Network (TN-NTN) Community to develop new projects and plot a roadmap for future initiatives and activities.
  • Ecosystem unification, the GSMA Foundry and ESA will work with and invite the wider industry to unify efforts towards seamless TN and NTN interworking.