Get the most out of CIO Influence’s comprehensive daily IT news roundups to stay ahead in the information technology sector. Get current news in the IT sector about key domains such as cloud computing, data management, cybersecurity, and information security. Our curated updates include IT breaking news, tech partnerships, innovative IT solutions, and evolving security policies, keeping you informed on current industry happenings.
#1 Google Announce Cameyo’s Acquisition for running Windows apps on ChromeOS
Google has acquired Cameyo, a developer of virtualization tools for running Windows apps on ChromeOS hardware. The acquisition reflects Google’s view of the potential of virtual desktop infrastructure (VDI). Last year, the company announced a partnership with Cameyo to introduce seamless, fully integrated virtual application delivery on ChromeOS, giving users secure, easy, and familiar access to data and files within virtual applications.
Significance of the Acquisition
When combined with Cameyo’s technology, ChromeOS enables businesses to accelerate the transition to web-based technology. How?
- Streamlining application deployment: Virtualized apps can be easily deployed and accessed across the entire organization without regard for device or location.
- Enhancing security: Both ChromeOS and Cameyo have zero-trust security, which culminates in comprehensive protection of data and systems from vulnerabilities.
- Improving Productivity: Employees can quickly and easily access necessary applications directly from the ChromeOS shelf as Progressive Web Apps (PWAs), completely removing compatibility issues, poor performance, or the requirement of navigating through a virtual desktop.
- Lowering IT costs: Streamlining application management and support processes and eliminating infrastructure requisites result in significant cost savings.
#2 LambdaTest Introduces Test Manager to Streamline Testing Workflows
LambdaTest, a leading cloud-based unified testing platform, introduces its latest offering, Test Manager. With seamless integration of test triggering, reporting, and organization, Test Manager promises to streamline testing workflows and elevate efficiency to new heights.
What is a Test Manager?
Test Manager by LambdaTest is an all-in-one solution designed to streamline test case management, simplifying the entire testing process for teams. With a centralized repository for all testing assets, including automated and manual test cases, test plans, and executions, Test Manager enables seamless access and collaboration.
How Does Test Manager Help?
Featuring an intuitive interface and powerful capabilities, Test Manager facilitates efficient test management. Integrated guided exploratory testing ensures smooth manual runs and status tracking, while a bi-directional sync with the Jira App allows effortless issue and defect management. Leveraging AI, Test Manager automatically creates BDD Scenarios for automation testing, enhancing productivity.
#3 Datagaurd Acquires DPOrganizer to Expand Footprint in Nordic Region
DataGuard, a leading SaaS company for security and compliance, has announced the acquisition of DPOrganizer. This strategic move aims to strengthen DataGuard’s presence in the Nordic and UK regions, enhancing its market position across Europe and North America. DataGuard supports over 4,000 customers in more than 50 countries and helps companies build robust security and compliance management systems aligned with frameworks such as GDPR, CCPA, ISO 27001, NIS 2, and SOC 2.
News Highlights:
- The acquisition enhances DataGuard’s geographic footprint, particularly in the Nordic and UK regions, while reinforcing its market presence in Europe and North America.
- DPOrganizer, based in Stockholm, offers privacy management solutions for various organizations, helping them run effective privacy programs and comply with regulations.
- Its advanced data mapping, analytics, and data flow visualization capabilities help data protection officers ensure regulatory compliance, identify patterns and anomalies, and prevent breaches.
#4 AlgoSec’s New Double-Layered Solution Reduces Critical Cloud Security Blind Spots
AlgoSec, a global cybersecurity leader, has introduced a new release of its revolutionary Prevasio Cloud Security platform. The new release delivers the first Double-Layered Cloud Security solution to address the paradigm shift in cloud network security, offering comprehensive protection against the ever-evolving landscape of cyber threats.
Network security is the backbone of any cloud estate. As businesses increasingly migrate to cloud environments, the complexity of network security increases, which means the need for robust defensive measures has never been more critical. Traditional Cloud Native Application Protection Platforms (CNAPP) alone are not sufficient to secure the entire cloud infrastructure. Overlooking network misconfigurations also poses significant risks to both security groups and native cloud firewalls.
#5 Fivetran Expands Partnership with Snowflake to Build Native Connectors
Fivetran, a leader in data movement, announced an expanded partnership with Snowflake at the Snowflake Data Cloud Summit 2024, introducing Iceberg Table Support and Native Connectors for Snowflake.
Key Highlights:
- Iceberg Table Support: Fivetran’s support for Iceberg Tables allows Snowflake customers to create a lakehouse architecture within the Snowflake AI Data Cloud. This integration ensures data quality, extensive governance, and ease of use, simplifying the creation of scalable lakehouse architectures.
- Native Connectors Development: Fivetran announced the development of Native Apps, enabling Snowflake customers to leverage Fivetran’s connectors directly from the Snowflake Marketplace. These connectors, built using Snowflake’s Snowpark Container Services, will allow data replication into the AI Data Cloud, enhancing enterprise-grade security and simplifying procurement.
- Enhanced Data Integration: The partnership aims to provide seamless data movement from business-critical SaaS applications, databases, and ERP systems to Snowflake. This integration facilitates data-driven decisions and AI/ML workloads without the complexity of traditional data lake adoption.
- Enterprise-Grade Security: Fivetran Native Connectors will enable organizations to run pipelines within their local Snowflake environment, sharing only metadata between Fivetran and the Snowflake customer account, thus maintaining data control and security.
#6 Hammerspace with SourceCode and GigaIO Codesigned Global Data Platform
Hammerspace, the company orchestrating the next data cycle, announced that its Global Data Platform can now process, store and orchestrate data in edge computing environments. This innovative solution combines Gryf, co-designed by SourceCode and GigaIO, the first ever suitcase-sized AI supercomputer, with Hammerspace’s Global Data Platform to bring unprecedented levels of shared AI processing power to any location, including those operating with limited or no networking infrastructure.
Gryf Brings GPU Processing Power to Edge Environments
- Introduction: Gryf, a portable supercomputer in a rugged suitcase form, enables rapid AI processing of time-sensitive field data.
- Availability: Announced by SourceCode and GigaIO, Gryf will be available in Q3 this year.
Hammerspace Enhances Edge Data Processing
- Integration: Hammerspace can run on a Gryf appliance, supporting high-speed processing and orchestration of large unstructured data from edge devices.
- Global Data Platform: Multiple Gryf units can create a unified platform with Hammerspace, optimizing GPU resource use and simplifying data migration to data centers for further analysis.
#7 Netspring Launches Product and Customer Journey Analytics Powered by Snowflake
NetSpring has announced at Snowflake’s annual user conference, Snowflake Data Cloud Summit 2024, the launch of Product and Customer Journey Analytics which Snowflake powers. The new application will empower product-led companies with cost-effective and business-impactful analytics, leveraging all product and customer data in their Snowflake AI Data Cloud to build better products and deliver superior customer experiences.
Benefits of the News Platform:
- Standardize on the AI Data Cloud to be the central source of truth for all data including product instrumentation events, avoiding the need to send data out of their secure Snowflake to external SaaS services.
- Capture and store all raw event data in Snowflake in a cost-effective way. By leveraging the elastic compute capabilities of Snowflake, customers pay based on consumption, rather than paying by event volume in traditional systems.
- Overcome the limitations of existing first-generation product analytics that only provide simple, templated analytics on siloed copies of data from limited product-only channels. With NetSpring, customers can easily analyze across all their product and customer data in Snowflake that results in more business-impactful analytics. They can tie all customer experiences across all touch points to business outcomes such as revenue.
- Build trust in numbers by using a single tool, NetSpring, on top of the single source of truth, Snowflake. This gives users confidence to make business decisions based on the insights from data.
- Increase time to analytic insights avoiding repeated back-and-forth between business and data teams working on different tools. With NetSpring on Snowflake, business users can self-serve and collaboratively work with data teams to build analytics in the same tool working off the same data.
#8 Vantage Data Centers Marks first-ever securitization of data center assets in EMEA
Vantage Data Centers, a global provider of hyperscale data center campuses, has raised £600 million through securitized term notes, marking the first securitization of data center assets in EMEA. An additional £100 million in unfunded Variable Funding Notes was also included. The term notes are rated A-, A (low), and A by Standard & Poor’s, Morningstar DBRS, and Scope Ratings, respectively.
Led by Barclays and SMBC Nikko Capital Markets, the funds will r******** £480 million of debt for two facilities on Vantage’s 148MW Cardiff, Wales campus, with excess proceeds for capital expenses and corporate purposes. The notes have a five-year repayment date.
This marks Vantage’s ninth green debt issuance, achieving a Green Bond designation with a Second-Party Opinion from Morningstar Sustainalytics. Proceeds will support UN Sustainable Development Goals and research for sustainable features to reduce Vantage’s carbon footprint.
#9 Cisco Announces Extended Availability of Motific with Mistral AI
Cisco unveiled two significant milestones to drive AI adoption, focusing on deploying generative AI (GenAI) solutions. The company’s initiatives underscore its commitment to offering diverse, trustworthy, and efficient AI solutions, helping organizations navigate the complexities of AI adoption with a focus on sustainability and innovation.
1. Motific Availability Expanded
Cisco announced the extended availability of Motific, a new SaaS product designed to simplify the deployment of GenAI applications. Available for a f********* and limited production use, Motific aims for full production release by July 31, 2024. Motific helps IT and business teams quickly deploy GenAI assistants while ensuring compliance with organizational policies. Developed through Cisco’s Outshift incubation engine, Motific leverages advanced user insights and ROI analysis to enhance AI adoption.
2. Collaboration with Mistral AI
Cisco revealed a new partnership with Mistral AI, a leader in large language models. This collaboration allows customers to use Mistral AI’s models within Motific, streamlining the creation of GenAI applications. Mistral AI’s integration is available in Motific’s f********* and sandbox environments. Future plans include expanding Mistral AI’s technology across Cisco’s portfolio, enhancing Motific’s capabilities, and developing new domain-specific models.
#10 Hexaware Drives Transformation with AI & ML Solutions on Snowflake’s Data Cloud
Hexaware, a global provider of IT services and solutions, has announced its participation as an exhibiting partner at Snowflake Data Cloud Summit 2024. As a Premier Services partner, Hexaware has enabled global customers to build AI-powered business solutions for scalability and cost.
In an era where data is the cornerstone of innovation and competitive advantage, Hexaware, is enabling digital transformation with data architecture, engineering, and the collaborative development of Artificial Intelligence (AI) and Machine Learning (ML) applications.
Leveraging the advanced capabilities of the Snowflake Data Cloud, including storage, query processing, and application development frameworks like Snowpark Container Services and Snowflake Cortex, Hexaware guides clients in verticals such as manufacturing and mining, focusing on crafting bespoke, industry-specific AI and ML applications that deliver tangible, value-added solutions to real-world business challenges.
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