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Micron Unveils World’s First 1.5TB microSD Card and Automotive Functional Safety-Certified Memory to Fuel Data at Intelligent Edge

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NUREMBERG, Germany, June 21, 2022 (GLOBE NEWSWIRE) — Embedded World – Micron Technology, Inc. (Nasdaq: MU), today announced expansions to its embedded product portfolio and ecosystem partnerships to deliver powerful solutions optimized for complex memory and storage demands at the intelligent edge. The company is sampling to customers the world’s highest-capacity microSD card, the i400, at an unprecedented density of 1.5 terabytes (TB). This card is designed for industrial-grade video security with the world’s first 176-layer 3D NAND, also pioneered by Micron. To better provide its high-performance, ruggedized solutions to the industrial market, Micron is also adding partners to its Industrial Quotient (IQ) partner program. Additionally, the company is announcing it has received the first International Organization of Standardization (ISO) 26262 Automotive Safety Integrity Level (ASIL) D certification of memory for its low-power double data rate 5 (LPDDR5) DRAM, which is based on its first-to-market 1α (1-alpha) process node. With next-generation advanced driver-assistance systems (ADAS) applications requiring increasing levels of autonomy and safety, this certification validates that Micron’s LPDDR5 meets strict functional safety standards and positions it to enable innovations that will unleash full autonomy in intelligent vehicles.

As 5G, artificial intelligence (AI) and the internet of things (IoT) converge at the edge, the world is experiencing an explosion of devices across autonomous vehicles, video security, smart factories, energy infrastructure, robotics, industrial transport, health care and more. ABI Research estimates 25 billion connected IoT devices by 2026,1 each generating enormous amounts of mission-critical data. This data increasingly needs to be stored, managed and analyzed at the edge — where it is created — for actionable real-time insights. Facilitating these tasks requires industrial-grade memory and storage capable of processing massive data sets in harsh conditions, from high temperatures to shock and vibrations.

“With edge devices generating critical insights for everything from public safety to vehicle autonomy to manufacturing operations, today’s smart applications cannot afford to compromise on latency or quality,” said Kris Baxter, corporate vice president and general manager of Micron’s Embedded Business Unit. “Micron’s newest high-performance, ruggedized solutions — our i400 microSD card for video security and automotive ASIL-D-qualified LPDDR5 — will unlock new value for businesses and drive the rapid innovation needed at the intelligent edge.”

These solutions generate more value for enterprises at the intelligent edge with proprietary features purpose-built for industrial applications. Unlike consumer-grade memory and storage that can malfunction in industrial environments and result in critical data loss or disrupted operations, Micron’s i400 and automotive LPDDR5 are uniquely tailored to offer the longevity and reliability needed to speed innovation and extract greater business value at the edge.

World’s first 1.5TB microSD delivers industrial storage for AI-enhanced video security
With rising demand for real-time video security, the internet protocol video security and video security-as-a-service (VSaaS) market is estimated to be worth $83 billion by 2030.2 Fleet dash cameras, smart home security, police body cameras and AI-enabled cameras in factories all need storage capable of handling media-rich data. As the world’s highest-capacity microSD card, Micron’s i400 is ideally suited for video storage at the edge and hybrid VSaaS deployments.

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The substantial 1.5TB density can store up to four months or 120 days of video security media locally, enabling users to optimize what data is stored in the cloud. The high capacity eliminates the need to continuously upload data to the cloud for primary storage, a process that guzzles network bandwidth and operational expenses.3 Small businesses looking to reduce expensive bandwidth or remote sites — such as cargo ships or oil rigs with limited connectivity — can instead periodically upload data to the cloud for backup while relying day to day on i400 storage at the edge. Bringing primary storage to the edge enables real-time AI analytics and faster decision-making within smart cameras. This speed is especially crucial for critical law enforcement, public health or safety decisions.

Unlike most cards on the market that are consumer-grade and have limited write capability, the i400 is designed for the video security environment with features such as:

  • Five years of high-quality continuous 24×7 recording
  • Ability to concurrently handle 4K video recording and up to eight AI events per second, such as object detection and classification like license plate or facial recognition
  • Two million hours for mean time to failure

Micron is sampling the i400 to customers, including Verkada, a cloud-managed enterprise building-security provider. Verkada protects over 12,000 organizations, including 43 of the Fortune 500, with its intelligent cameras and recently donated cameras to Asian American-owned businesses seeking enhanced safety to address the spike in anti-Asian hate crimes, which have risen by 339% in the U.S. last year.

“Micron’s industrial-grade storage is key to helping us protect our customers and communities, from schools to large enterprises, by meeting the most demanding of video retention and security requirements,” said Raj Misra, vice president of hardware engineering at Verkada. “The latest i400 solution will provide further peace of mind by enabling greater video storage at the edge and faster in-camera AI analytics — important in crises where response time is paramount.”

Micron achieves world’s first LPDDR5 ISO 26262 ASIL-D certification
ADAS-enabled vehicles now run over 100 million lines of code and require hundreds of tera operations per second, rivaling data center compute. Gartner® projects the worldwide factory-fitted automotive memory market will grow to nearly $15 billion in 2026, quadrupling from $3.3 billion last year.4 At the same time, automakers must comply with strict functional safety standards for electronic systems. Trusted, high-performance memory is imperative for reliably powering safety-critical applications such as adaptive cruise control, lane departure warning and blind-spot detection. It is also key to unlocking ADAS technologies such as autonomous valet parking and ridesharing, 4D digital imaging radar, and hands-free experiences that will pave the way for full Level 5 autonomy.

Filling these needs, Micron’s automotive LPDDR5 memory is now certified by exida, a renowned expert in automotive safety, for the most stringent safety integrity level, ASIL D, under ISO 26262. LPDDR5’s high performance, power efficiency and low latency also provide the headroom to keep pace with rising bandwidth requirements of next-generation automotive systems. Now in mass production in 48- and 96-gigabit densities, Micron’s LPDDR5 offers:

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  • Proprietary on-chip safety features, including capabilities to detect and alert the system of systematic and random hardware faults so the vehicle can intelligently react and respond
  • Up to 50% increase in data access speeds, enabling near-instantaneous decision-making from intelligent vehicles’ multiple sensors and inputs, such as radar, lidar, hi-resolution imaging, 5G networking and optical image recognition5
  • Over 30% improvement in power efficiency, minimizing power consumption for electric and conventional vehicles and resulting in greener, longer-range transportation with lower emissions6

While the ISO 26262 standard does not explicitly require memory to be ASIL-compliant today, Micron has gone the extra mile to achieve this industry-first certification and architect its proprietary on-chip safety features, recognizing how critical memory is to safety applications. These one-of-a-kind capabilities significantly reduce the burden for automakers by minimizing their need to build in additional mechanisms to mitigate risk, thereby simplifying system design and accelerating time to market. Beyond the product certification of LPDDR5 for ASIL D, exida has also certified Micron’s process capability to develop any synchronous DRAM product according to ISO 26262 requirements. This capability equips the company to release additional solutions in its portfolio of automotive solutions based on ISO 26262 soon.

These certifications follow Micron’s 2021 milestone of sampling the industry’s first LPDDR5 hardware-evaluated to meet ASIL-D suitability requirements and of establishing an office of functional safety. The office is dedicated to collaborating with customers on the memory requirements of designing safe automotive systems through Micron labs in Munich, Detroit, Shanghai, Tokyo and beyond.

Micron’s Industrial Quotient partner program gains traction with new additions
Complementing these developments, Micron is adding embedded and edge computing module providers congatec and PHYTEC to its IQ partner program. The IQ program fosters close collaboration with ecosystem partners to produce solutions that are tightly aligned to the industrial market’s demanding requirements for quality, longevity, ruggedization and reliability. These characteristics are vital for industrial implementations, such as factories, that need equipment to run smoothly for decades.

Congatec and PHYTEC design and manufacture computer-on-modules and system-on-modules, respectively, used in medical technology, industrial automation, renewable energy, aerospace, transportation and other industries. The addition of these two companies, both based in Germany, make Micron’s trusted memory and storage solutions more broadly accessible to the industrial market and better serve the burgeoning European Industry 4.0 market.

These product portfolio and partner updates strengthen Micron’s leadership in intelligent edge markets, with the company uniquely positioned in both the automotive7 and industrial8 segments as the memory market share leader.

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GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

© 2022 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

1 ABI Research, IoT Market Tracker – Worldwide, 2Q 2022
2 Allied Market Research, IP Video Surveillance and VSaaS Market By Product Type (Hardware, Software, Cloud Based Solutions, and Services) and Application (Banking & Financial Sector, Retail, Government & Higher Security, Manufacturing & Corporate, Residential, Entertainment, Healthcare, and Others) — Global Opportunity Analysis and Industry Forecast, 2021-2030
3 Assumes a bit rate of 1 megabit per second
4 Gartner, Semiconductor and Electronics Forecast Database, Worldwide, 1Q22 Update
5 Compares Micron’s LPDDR5 with random fault coverage to like devices without safety features
6 Compares Micron’s LPDDR5 with random fault coverage to like devices without safety features
7 Automotive market share calculated by revenue; Gartner, Market Share: Semiconductors by End Market, Worldwide, 2021
Industrial market share calculated by revenue; OMDIA, Industrial Semiconductor Market Tracker — 4Q21 Analysis


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Artificial Intelligence

Add Value Machine, ADCB and Amazon Web Services (AWS) Successfully Conclude UAE’s First-Ever Generative AI Hackathon in the Banking Sector

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ABU DHABI, UAE, June 17, 2024 /PRNewswire/ — Add Value Machine (AVM), a leading provider of secure generative AI platforms, and Abu Dhabi Commercial Bank (ADCB), one of the largest banks in the UAE, have successfully concluded the groundbreaking ADCB Generative AI Hackathon. The event, which took place in Abu Dhabi, marked the first time a UAE bank has conducted a hackathon focused on exploring the potential of generative AI in the banking sector.

“We are thrilled to have partnered with ADCB and AWS to host this groundbreaking hackathon,” said John Shaw, CEO of Add Value Machine. “Our secure generative AI platform has enabled ADCB to explore innovative solutions that can drive meaningful business impact across the bank. This event showcases the immense potential of generative AI in the banking sector, and we look forward to working with ADCB to bring the most impactful use cases into production.”
The hackathon brought together nearly 120 participants from ADCB, AVM and Amazon Web Services (AWS) collaborated to structure the event around key business outcomes, focusing on the most relevant ROI generative AI use cases in procurement, engineering, retail banking, and treasury.
Sean Langton, ADCB’s CIO, reflected on the event’s success, stating, “Generative AI is the perfect technology for a hackathon – it has unlimited opportunity to improve our business and customer experience but also presents emerging risks we need to be mindful of. Thanks to our partnerships with Added Value Machine and AWS, we’ve been able to build several AI ‘bots’ in a safe way in just a day. I can’t wait to see the first of these up and running in production in the coming days.”
All use cases developed during the hackathon were built on AVM’s observability, governance and compliance generative AI platform. AVM and AWS are now working closely with ADCB to accelerate the most impactful use cases into production, ensuring that the bank can quickly realize the benefits of generative AI technology.
Ravi Singh, President and CTO of Add Value Machine, expressed his enthusiasm for the collaboration, stating, “It’s inspiring to witness the passion and unity of purpose at ADCB. The combination of visionary leadership and technical expertise has resulted in a thoughtful, measured approach to generative AI adoption. We are proud to be part of this transformative journey.”
ADCB plans to conduct regular hackathons to foster a culture of innovation and explore new applications of generative AI technology across its business operations.
About Add Value Machine:AVM is a leading Generative AI security company that provides 360-degree observability, enabling enterprises to monitor all of the Generative AI usage no matter where it happens. The accelerated use of generative AI at large corporations has also accelerated customer data leakage and presents new challenges for companies looking to maintain security compliance. At AVM, we believe that the accelerated adoption of Generative AI needs the strict adoption of advanced security protocols.
Contact:Julie [email protected]
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Altair One® Cloud Innovation Gateway Now Available on Google Cloud Marketplace

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Addition will expand access to Altair’s digital engineering experience
TROY, Mich., June 17, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that Altair One®, Altair’s cloud innovation gateway, is now available on Google Cloud Marketplace, opening up a world of possibilities for users seeking seamless access to powerful simulation, data analytics, and high-performance computing (HPC) capabilities.

Altair One is designed for collaborative engineering, data engineering, and analytical application development. Built on a robust HPC backbone, Altair One provides seamless, unified access to tools, data, and computing resources while unleashing the power of artificial intelligence (AI) across every step of the product development life cycle.
Google Cloud Marketplace customers can now leverage Bring Your Own Cloud (BYOC) functionality to run Altair simulation, AI, and data analytics applications. 
“The integration of Altair One with the Google Cloud Marketplace empowers Google Cloud users to effortlessly unlock a world of innovative solutions. This collaboration will fuel engineering breakthroughs with the power of Google Cloud’s adaptable, flexible, and scalable cloud infrastructure,” said Sam Mahalingam, chief technology officer, Altair. “This integration aligns perfectly with our core mission of equipping businesses for digital success and making powerful software solutions readily accessible to users.”
“Bringing Altair One to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the platform on Google Cloud’s trusted, global infrastructure,” said Dai Vu, managing director, Marketplace and ISV GTM Programs, Google Cloud. “Altair can continue to securely scale and support customers on their digital transformation journeys.”
Altair One is the gateway that empowers organizations to mature into digital enterprises by breaking down data silos, connecting virtual models, optimizing their compute infrastructure, and digitizing key processes. It provides all the tools to create a “One Total Twin” of a product throughout its lifecycle, “One Traceable Thread” connecting all data stages, and a “Single Source of Truth” for all models and data. This all-in-one platform automates data capture, empowers better decision-making, enhances performance management, and ultimately accelerates engineering processes for a seamless digital experience.
To learn more, visit https://console.cloud.google.com/marketplace/product/altair/altair-one-private?hl=en&project=altair-public.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
Altair Corporate
Altair Investor Relations
Bridget Hagan  
Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
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[email protected]
Altair Europe/The Middle East/Africa
Charlotte Hartmann
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IBS Software Announces Appointment of New Chief Executive Officer Somit Goyal

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DUBAI, UAE, June 17, 2024 /PRNewswire/ — IBS Software, a leading SaaS solutions provider to the travel industry globally, has appointed Somit Goyal as its new Chief Executive Officer (CEO), effective immediately. Somit succeeds Anand Krishnan, who served as CEO of IBS Software since 2018.

Somit Goyal brings a wealth of experience in the enterprise software sector, having held leadership roles at globally renowned companies such as Microsoft, SAP, Oracle and AOL.
During his 11-year tenure at Microsoft, Somit held several leadership roles across strategy, operations, sales and customer success. In his last role, he managed the global sales of Microsoft’s Modern Work cloud business, and before that, Somit served as the Chief Operating Officer of Microsoft’s Public Sector business worldwide. Somit also conceived and established the Customer Success function at Microsoft, an area of growing importance for IBS Software as it continues to expand globally.
Most recently, Somit served as President and COO of Pluralsight, a SaaS company, where he oversaw product, engineering and GTM functions.
“Somit’s impressive experience in operating global SaaS businesses, leading diverse teams, and managing all facets of enterprise software make him exceptionally well-suited to lead IBS Software during this exciting phase of growth,” said V K Mathews, Executive Chairman of IBS Software. “IBS Software is at a pivotal point in its trajectory as we continue to innovate to better serve our customers. I am confident Somit will help unlock our full potential.”
With a comprehensive portfolio of modular, cloud-based solutions purpose-built for the travel industry, IBS Software helps travel companies accelerate innovation and drive efficiency across a broad set of core business processes, including passenger services, flight operations, cargo and logistics, loyalty management, cruise operations, energy & resource logistics and hospitality businesses.
“With a broad portfolio of industry leading products, marquee customers and a talented team, with deep domain expertise IBS Software stands at the forefront of travel industry innovation. I couldn’t be more excited to join IBS Software and help lead it through its next exciting chapter.” said Somit Goyal, who holds an electrical engineering degree from the Indian Institute of Technology (IIT) in New Delhi, India and an MBA from INSEAD, France.
Somit will report directly to IBS Software Executive Chairman V K Mathews.
ABOUT IBS SOFTWARE
IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software’s solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world.
Further information can be found at www.ibsplc.com Follow us: Blog | Twitter | LinkedIn | Facebook | Instagram   
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