Artificial Intelligence
W.Media Set To Host 2nd Edition of Bangalore Cloud & Datacenter Convention 2023 on 28th July at Sheraton Grand Brigade Gateway
BANGALORE, India, July 20, 2023 /PRNewswire/ — Mark 28th July 2023 down on your calendar! This will be an important day for the data center and cloud sector as the 2nd Edition of Bangalore Cloud & Datacenter Convention 2023 will be hosted at the Sheraton Grand Bangalore Brigade Gateway.
The Bangalore CDC 2023 is expected to welcome more than 750+ senior-level data center and C-level digital infrastructure professionals, information technology experts, cloud technology & business leaders, key buyers and decision-makers, project heads onto one platform.
India is at the cusp of the next big digital revolution, which holds a promising future for the country’s burgeoning digital economy. The backbone of all digital innovations, data center and cloud infrastructure has an immense role to play in this growth story.
The Indian Data Center market analysis reports an expected growth of USD 10 billion in the next five years. The rapid adoption of cloud-based business operations have encouraged businesses to acquire data management capacities. India is becoming the global destination for setting up data centers.
The government’s decision to promote the adoption of 5G technology, with an emphasis on changing the landscape of cloud computing and data centers in the international arena, has been a success. Bangalore, as a developed and prosperous city, with an estimated GDP of more than US$110 billion accounts for one-third of India’s IT exports, aiding its IT and data center infrastructure to be secure, intelligent, and scalable.
Fuji Electric India, one of the Gold Sponsors of Bangalore CDC 2023, with 100 years of rich expertise, are excited to share their vision of empowering innovation and sustainability in the electrical industry.
Mr. Shivaji Waghmare – CEO of Fuji Electric India, says, “We at Fuji Electric India are happy to be a part of the Bangalore Cloud & Data Centre Convention 2023 as a Gold Sponsor. This event is a perfect opportunity for us to showcase our innovative products and solutions tailored specifically to the rapidly evolving data center market. We look forward to engaging in insightful discussions, forging valuable partnerships on the journey towards a greener and sustainable data center.”
Bangalore CDC 2023 will be bringing together key governmental organizations and state-owned enterprises with domestic and international players in the industry thereby creating partnerships that will not just secure but also consolidate Bangalore’s emergence as the cloud computing and data center hub of South Asia. Furthermore, the Bangalore market holds immense potential for technological growth and innovation. With its vibrant ecosystem, talented workforce, and forward-thinking businesses, it continues to attract investments and drive digital transformation.
Speaking about their Gold Sponsorship at the Bangalore CDC 2023, Mr. Mayank Srivastava, Segment Head- C&SP, Schneider Electric, said, “At Schneider Electric our vision is about data center performance going into the future. The four vectors of Sustainability, Efficiency, Adaptability, and Resiliency are the focus. This framework is a mix of what we can do today and things that we have on the road map to do in the future. To talk more about this, we have partnered with W.Media as Gold Sponsor for the Bangalore CDC 2023 and look forward to seeing you and being your trusted partner along the journey.”
The day-long convention will give you major insight into outlook for the growth of data centers and cloud in Bangalore and Karnataka over the next few years. The convention in association with CIO Klub Bangalore Chapter will feature over 40+ key speakers. Through keynote speeches and panel discussions by key C-level leaders who have been experiential learners of global and Indian data center and cloud market, you will get to learn the key factors driving the uptick in data center demand. The sessions across the day will focus on:
Designing and building for growth of Bangalore marketHow the enterprise view of cloud & colocation is changing?How will data demand growth impact enterprise data center operations?Preparing your data center and enterprise for the Hybrid IT journeyHow is modular design and build evolving to meet changing market needs?One of key power panel speakers at the Bangalore CDC 2023, Mr. Sunil Gupta, Co-founder, MD & CEO, Yotta Data Services shared, “I’m excited to join W.Media’s Cloud and Data Center Convention in Bengaluru, and I look forward to engaging with industry leaders, exchanging insights, and charting a roadmap to tap the endless possibilities that India’s digital ecosystem presents.”
“Bangalore is one of our major cities of focus, and I feel Bangalore CDC 2023 provides us an excellent platform to connect and initiate dialogue with our customers and the industry leaders,” said one of the key speakers, Mr. Anil Nama, CIO, CtrlS. “CtrlS Datacenters is a leader in the datacenter sector and we continue to strengthen our presence both nationally and globally. CtrlS is well positioned to retain its leadership position in the coming years with aggressive expansion both in the hyperscale/colocation and edge markets. We look forward to showcase our capabilities, expertise and innovations in the sector as well as share our views on the changing datacenter landscape with our industry peers at the CDC 2023.”
Mr. Blesson Varghese, Managing Director, AvenueCorp India who was also the Bronze sponsor for the Chennai CDC 2023 sees the convention as the perfect opportunity to showcase their innovative products and solutions offered specifically to the rapidly evolving data center market.
He says, “With over 80% end-user attendees and 65% participants being C-level executives, directors, and data center owners, we believe that the platform provided by W.Media has helped us to get connected with clients and network. We look forward to this incredible opportunity to be a part of W.Media Data Center events so that we also learn, network, and grow with key industry players.”
In addition, the conference hall will be supported by exhibition booths from fast-growing organizations showcasing their cutting-edge solutions and technologies and tech talk sessions will be hosted to provide further insights into the functionality of these products.
As one of the Bronze Sponsors of Bangalore CDC 2023, Cotmac Electronics Private Limited, with over 3 decades of experience as a trusted Automation Solution Partner and System Integrator in the industry, would be showcasing their cutting-edge products and tailored solutions designed specifically for the data center market.
Mr. Arjun Sirur, Chairman & Managing Director, Cotmac Electronics Private Limited, shared, “We are sure, this convention will serve valuable networking opportunities and engagement with industry experts and professionals to foster collaborative growth and advancement in the continuously expanding market. We extend our best wishes to W.Media for the success of this event and eagerly look forward to meeting industry giants.”
Global economy is witnessing tremendous growth in the Data Centre Space – powerful partnerships are crucial to help shape this development. “We are delighted that HOPPECKE is a Bronze Sponsor at the Bangalore CDC for the 2nd time. This event offers us the opportunity to create valuable connections and engage with industry leaders on solutions, challenges, as well as products and trends,” says Mr. Mahesh Nichani, Head-BU Reserve Power-India, HOPPECKE.
Riello Power India who will be one of the Bronze Sponsors considers this event the perfect opportunity to showcase to the datacenter fraternity their newly launched UPS – Multi Power2, which provides more than 98% efficiency in online double conversion mode and drastically optimizes the TCO. Multi Power2 represents a significant step forward in the development of UPS solutions for modern data centers.
Mr. Anil Munjal, CEO, of Riello Power India, says, “We are thrilled to be a part of Bangalore CDC 2023, which brings together technology enthusiasts, thought leaders, and industry professionals. We look forward to further strengthening our presence in this dynamic market and contributing to its progress. Our participation underscores our commitment to innovation and our dedication to empowering businesses with reliable power solutions.”
“W.Media is a renowned event producer and we believe that the platform provided will help us connect with clients and network with the brightest minds and industry leaders. This event is a perfect opportunity to showcase our capability and presence in India. We look forward to this incredible opportunity to learn, network, and grow with key industry players,” seconds Mr. Bhupinder Parmar, Country Manager – India, Sygna who has come onboard as the Bronze Sponsor for the Bangalore CDC 2023.
Starline who will be a Bronze sponsor considers this event perfect for them to connect and interact ‘with the industry’s top data experts’. With nearly 90 years of experience and now a Legrand company, Starline has grown to become a trusted name in power distribution solutions. Sathya Sivaramakrishnan – Starline, Regional Manager – Southwest Asia & Middle East, says, “We’ve been regular participants at the CDC event and look forward to demonstrating our knowledge and expertise in the data center market.”
Visit W.Media to register and learn more about the agenda, speakers, schedule, and session information.
For sponsorship, exhibition and further involvement opportunities, get in touch at [email protected]
Media Contact:
Naveen [email protected]+91-9867831994
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Artificial Intelligence
DCI Indonesia Awarded by Frost & Sullivan for World-class Operational Excellence, Enabling Customers to Grow and Thrive, and Securing a Market-leading Position
DCI Indonesia’s expansions, backed by its focus on industry best practices, sustainability, and alignment with customer trends, reinforce its strategic advantage.
SAN ANTONIO, July 3, 2024 /PRNewswire/ — Frost & Sullivan recently analyzed the data center services industry and, based on its findings, recognized DCI Indonesia with the 2024 Company of the Year Award for a fifth consecutive time. The company is the leading data center services provider in Indonesia, offering best-in-class, scalable, and reliable data center colocation services and solutions. Its portfolio includes colocation, bare metal, physical security, data center connectivity, cooling, and power management to improve operational excellence, enabling customers to grow and thrive. The company supports a diverse client base, including global cloud service providers, major e-commerce and social media companies, telecommunication service providers, financial services industries, and enterprises from various verticals.
DCI currently offers 83 megawatts (MW) of power capacity across Cibitung, Karawang and Jakarta, where clients can directly connect with 4 of the world’s biggest cloud platforms. The DCI Indonesia Platform maximizes headcount efficiency in data center operations and provides customers with improved power usage effectiveness and energy cost stability. Furthermore, DCI offers Renewable Energy Certificates (RECs), as well as green energy from biomass and solar farms as they lead the sustainability front in the industry.
Nishchal Khorana, global vice president and program leader for ICT at Frost & Sullivan, observed, “DCI Indonesia reinforces its strategic advantage with a compelling value proposition of tailored solutions and carrier-neutral facilities–the highest Tier IV service quality, best practice AI-driven operations, and competitive pricing. The company is an established data center operator with a 100% power uptime track record for over a decade, trusted by hundreds of clients in its portfolio to house their most critical IT infrastructure.”
DCI Indonesia is a member of a global business community that meets high social and environmental impact standards. With its sterling reputation and a client-centric approach at its core, it establishes ongoing trust with customers and fosters long-lasting relationships that extend throughout the data center service lifecycle. The company generates over USD $90 million in revenue, achieving at least 25% year-on-year growth with an impressive net profit margin. Its stellar growth momentum and trajectory are a testament to its service leadership, its ability to earn client trust and loyalty, and its capability to capture market share. The company is well-positioned to drive the data center service space into its next growth phase, capturing market share and sustaining its strategic leadership in the coming years.
“DCI Indonesia pioneers the highest standards, enabling its scalable, reliable, and carrier-neutral capabilities and services to meet clients’ ever-evolving digital infrastructure needs. Backed by its focus on operational excellence and sustainability, the company continues to expand in Indonesia,” added Riana Barnard, Best Practices Research Analyst.
Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare industry participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the sector.
About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:Tarini SinghP: +91-9953764546E: [email protected]
About DCI Indonesia PT DCI Indonesia Tbk (DCI) is the first Tier IV data center in Southeast Asia that provides secure data center infrastructure services, guaranteeing a 99.999% SLA colocation or only five minutes of downtime per year. As a neutral data center operator, DCI is supported by 70+ network service providers. DCI Platform has 7 data centers in 3 locations: Cibitung, Karawang, and Jakarta with a total potential power capacity approaching 1,000 megawatts (MW).
With world-class operating standards, and equipped with state-of-the-art data center equipment, DCI provides maximum availability for customers to access their critical assets. This includes financial institutions, network service providers, e-commerce players, cloud service providers, and companies from other sectors. DCI has maintained a 100% uptime track record since its establishment. This performance stems from the proven experience of the leadership team in information technology, data center services, and infrastructure management, spanning over 25 years.
The demand for data centers in Indonesia continues to grow rapidly. DCI responds to this by committing to build sustainable data centers across its existing and new locations.
Contact:DCI MarketingE: [email protected]
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Artificial Intelligence
Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy
American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.
Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!”
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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Artificial Intelligence
DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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