Alibaba Cloud

Digital Transformation Market to Reach $6.8 Trillion by 2032 at 25.4% CAGR: Allied Market Research

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Thursday, November 16, 2023

Cloud, Internet of things, PDF, Cisco, OT, Intelligence, COVID-19, Table, Growth, Alibaba Cloud, Big data, Retail

PORTLAND, Ore., Nov. 16, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Digital Transformation Market by Component (Solution, and Service), Deployment Mode (On-premise, and Cloud), Enterprise Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs), Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data, and Business Analytics, Cybersecurity, and Others), and Industry Vertical (BFSI, Retail and E-Commerce, IT and Telecom, Healthcare and Life Sciences, Government and Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2032". According to the report, the Digital transformation indsustry generated $721.6 billion in 2022, and is anticipated to generate $6.8 trillion by 2032, witnessing a CAGR of 25.4% from 2023 to 2032.

Key Points:

The digital transformation market witnessed stable growth during the COVID-19 pandemic, owing to the dramatically increased dependence on digital devices.
The surge in online presence of people during the period of COVID-19-induced lockdowns and social distancing policies fueled the need for digital transformation solutions.
This is attributed to the high level of security and cost efficiency provided by the digital transformation solutions.
On the basis of region, the North America segment held the highest market share in terms of revenue in 2022, accounting for more than one-third of the digital transformation market revenue.

Vesoft (NebulaGraph) Recognized in the Gartner® Market Guide for Graph Database Management Systems

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Wednesday, November 15, 2023

Cloud, GraphQL, Research, ARM, Amazon, SQL, DBMS, Learning, Database, Multi, DGL, NebulaGraph, Machine learning, SPARQL, GQL, Graph, Azure, API, AI, RDF, Alibaba Cloud, AWS, Overalls, Publication, Generic drug, Medical imaging, Online shopping, Video game, Cryptocurrency, Gremlin, Gartner

Vesoft for its NebulaGraph has been recognized in the Gartner® Market Guide for Graph DBMSs as a Representative Vendor.

Key Points:

Vesoft for its NebulaGraph has been recognized in the Gartner® Market Guide for Graph DBMSs as a Representative Vendor.
According to Gartner, "Based on the increasing usage, popularity and maturity of graph, Gartner estimates that the market for graph technologies, including graph database management systems (DBMSs), will grow to $3.2 billion by 2025 with a CAGR of 28.1%."
We believe being recognized in Gartner's Market Guide for Graph Database Management Systems symbolizes the industry's endorsement of NebulaGraph.
Reference: [1] Gartner, "Market Guide for Graph Database Management Systems", Merv Adrian, Afraz Jaffri, 30 August 2022.

Epsilon Awarded Global Company of the Year Award by Frost & Sullivan for Its Market-leading Connectivity Solutions

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Wednesday, November 15, 2023

SAN ANTONIO, Nov. 14, 2023 /PRNewswire/ -- Frost & Sullivan has awarded Epsilon Telecommunications the 2023 Global Company of the Year Award in the global data center connectivity industry. The company's cutting-edge Network as a Service (NaaS) platform Infiny distinguishes itself by offering customers private interconnectivity to an extensive and diverse ecosystem of cloud, Software as a Service (SaaS) and Internet exchange (IX) partners globally, as well as a suite of international networking and voice solutions. Epsilon is one of the few global telecommunications companies that offers a comprehensive suite of connectivity and communication solutions to enterprises, network operators, and managed service providers, with over two decades of unparalleled expertise in global network development.

Key Points:

The award recognizes Epsilon's continual development of its global portfolio of connectivity and communications solutions, including NaaS platform Infiny
SAN ANTONIO, Nov. 14, 2023 /PRNewswire/ -- Frost & Sullivan has awarded Epsilon Telecommunications the 2023 Global Company of the Year Award in the global data center connectivity industry.
Seeing the platform evolve into a truly holistic, well-rounded community-based connectivity solution is intriguing," said Gautham Gnanajothi, Global Vice President of Research, Frost & Sullivan.
"Epsilon works closely with customers to understand their unique needs and customize solutions, establishing customer trust and long-lasting relationships throughout the solution's lifecycle.
For its industry-leading customer experience, reputable brand, and strong overall performance, Epsilon earns the Company of the Year Award in the data center connectivity industry.

Epsilon Awarded Global Company of the Year Award by Frost & Sullivan for Its Market-leading Connectivity Solutions

Retrieved on:

Wednesday, November 15, 2023

SAN ANTONIO, Nov. 15, 2023 /PRNewswire/ -- Frost & Sullivan has awarded Epsilon Telecommunications the 2023 Global Company of the Year Award in the global data center connectivity industry. The company's cutting-edge Network as a Service (NaaS) platform Infiny distinguishes itself by offering customers private interconnectivity to an extensive and diverse ecosystem of cloud, Software as a Service (SaaS) and Internet exchange (IX) partners globally, as well as a suite of international networking and voice solutions. Epsilon is one of the few global telecommunications companies that offers a comprehensive suite of connectivity and communication solutions to enterprises, network operators, and managed service providers, with over two decades of unparalleled expertise in global network development.

Key Points:

The award recognizes Epsilon's continual development of its global portfolio of connectivity and communications solutions, including NaaS platform Infiny
SAN ANTONIO, Nov. 15, 2023 /PRNewswire/ -- Frost & Sullivan has awarded Epsilon Telecommunications the 2023 Global Company of the Year Award in the global data center connectivity industry.
Seeing the platform evolve into a truly holistic, well-rounded community-based connectivity solution is intriguing," said Gautham Gnanajothi, Global Vice President of Research, Frost & Sullivan.
"Epsilon works closely with customers to understand their unique needs and customize solutions, establishing customer trust and long-lasting relationships throughout the solution's lifecycle.
For its industry-leading customer experience, reputable brand, and strong overall performance, Epsilon earns the Company of the Year Award in the data center connectivity industry.

NoSQL Market to Reach $86.3 Billion by 2032 at 28.1% CAGR: Allied Market Research

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Tuesday, November 14, 2023

Cloud, Alibaba Cloud, PDF, Database, Couchbase Server, COVID-19, Table, Digital technology, Growth, MongoDB, Cryptocurrency, NoSQL

PORTLAND, Ore., Nov. 14, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "NoSQL Market by Type (Key-value Store, Document Database, Column-based Store, And Graph Database), Application (Data Storage (Distributed Data Depository, Cache Memory, and Metadata Store), Mobile Apps, Data Analytics, Web Apps, and Others), and Industry Vertical (Retail, Gaming, IT, and Others: Global Opportunity Analysis and Industry Forecast, 2022–2032." According to the report, the NoSQL industry generated $ 7.3 billion in 2022 and is anticipated to generate $86.3 billion by 2032, witnessing a CAGR of 28.1% from 2023 to 2032.

Key Points:

The NoSQL market witnessed stable growth during the COVID-19 pandemic, owing to the dramatically increased dependence on digital devices.
The surge in online presence of people during the period of COVID-19 induced lockdowns and social distancing policies fueled the need for NoSQL solutions.
On the basis of region, the North America segment held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the NoSQL market revenue.
Recent Product Launches in the NoSQL Market:
In July 2021, Couchbase launched its updated NoSQL database providing users with a series of new features that aim to narrow the gap between NoSQL and relational databases.

NoSQL Market to Reach $86.3 Billion by 2032 at 28.1% CAGR: Allied Market Research

Retrieved on:

Tuesday, November 14, 2023

Cloud, Alibaba Cloud, PDF, Database, Couchbase Server, COVID-19, Table, Digital technology, Growth, MongoDB, Cryptocurrency, NoSQL

PORTLAND, Ore., Nov. 14, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "NoSQL Market by Type (Key-value Store, Document Database, Column-based Store, And Graph Database), Application (Data Storage (Distributed Data Depository, Cache Memory, and Metadata Store), Mobile Apps, Data Analytics, Web Apps, and Others), and Industry Vertical (Retail, Gaming, IT, and Others: Global Opportunity Analysis and Industry Forecast, 2022–2032." According to the report, the NoSQL industry generated $ 7.3 billion in 2022 and is anticipated to generate $86.3 billion by 2032, witnessing a CAGR of 28.1% from 2023 to 2032.

Key Points:

The NoSQL market witnessed stable growth during the COVID-19 pandemic, owing to the dramatically increased dependence on digital devices.
The surge in online presence of people during the period of COVID-19 induced lockdowns and social distancing policies fueled the need for NoSQL solutions.
On the basis of region, the North America segment held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the NoSQL market revenue.
Recent Product Launches in the NoSQL Market:
In July 2021, Couchbase launched its updated NoSQL database providing users with a series of new features that aim to narrow the gap between NoSQL and relational databases.

AI is Accelerating Prices in the Cloud, as shown by Liftr Insights data

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Tuesday, November 14, 2023

Cloud, Organization, Insight, Artificial intelligence, Intelligence, NVIDIA, Ampere, Azure, Growth, AI, Google Cloud, Alibaba Cloud, AWS, Architecture, Retail, Ali Baba

AUSTIN, Texas, Nov. 14, 2023 /PRNewswire/ -- Liftr Insights, a pioneer in market intelligence driven by unique data, reveals signs of increased prices.

Key Points:

Liftr Insights data highlights increasing prices for accelerators in a hot AI market.
AUSTIN, Texas, Nov. 14, 2023 /PRNewswire/ -- Liftr Insights, a pioneer in market intelligence driven by unique data, reveals signs of increased prices.
AI is Accelerating Cloud Prices, as shown by Liftr Insights data
Over the past three months, the average price of accelerators has been increasing for the top Cloud Providers, including AWS, Azure, Alibaba (Aliyun) Cloud, and Google Cloud.
"While we see many valuable data points in the prices across providers and across the globe, Liftr data show that cloud prices don't typically fluctuate to this extent," says Tab Schadt, CEO of Liftr Insights.

The Open Network (TON) proves it is the world’s fastest and most scalable blockchain

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Tuesday, November 7, 2023

Cloud, CertiK, Web3, TPS, Architecture, Alibaba Group, Telegram Open Network, Post-silicon validation, Blockchain, Open Networking Foundation, Open, Ecosystem, Cloud computing, Alibaba Cloud, One Minute Silence, Cryptocurrency, Visa, Telegraphy

Verified and confirmed by Certik, TON blockchain hit a record of 104,715 transactions per second (TPS) during a public, live-streamed stress test

Key Points:

Verified and confirmed by Certik, TON blockchain hit a record of 104,715 transactions per second (TPS) during a public, live-streamed stress test
The Open Network Foundation (TON Foundation) has today announced that, during a successful live-streamed stress test , the TON blockchain has proven that it is the world’s fastest and most scalable public blockchain.
Under heavy load, the testnet split into 512 shards, enabling the network to achieve a speed of 104,715 TPS.
CertiK has performed formal verifications of the TON blockchain to confirm its stability and security and has also assisted TON Foundation in verifying network speeds.
“We are pleased to show you in practice that, with only 256 cloud validators, the TON blockchain broke the world speed record.”

Alibaba Cloud Launches Tongyi Qianwen 2.0 and Industry-specific Models to Support Customers Reap Benefits of Generative AI

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Tuesday, November 7, 2023

In response to the surging demand for powerful infrastructure supporting generative AI development, Alibaba Cloud also unveiled an AI model training platform and a series of innovative cloud products.

Key Points:

In response to the surging demand for powerful infrastructure supporting generative AI development, Alibaba Cloud also unveiled an AI model training platform and a series of innovative cloud products.
These resources are designed to enable customers, partners, developers, startups, and the wider community to fully harness the potential of generative AI.
We're committed to using cutting-edge technologies, including generative AI, to help our customers capture the growth momentum forward," said Jingren Zhou, CTO of Alibaba Cloud.
Alibaba Cloud also announced the Alibaba Cloud Startup Catalyst Program , offering cloud computing resources, including cloud credit support of up to USD $120,000, free online learning memberships, and networking opportunities to promising global startups including AI companies.

TRANSLUCIA SIGNS STRATEGIC INFRASTRUCTURE PARTNERSHIP WITH WELL-LINK, EMBARKING ON A VIRTUAL WORLD JOURNEY

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Tuesday, October 31, 2023

In this historic fusion of creativity, ingenuity and innovation, Translucia's dynamic virtual engine meets the technological prowess of Well-Link, marking a new era for interconnected Web3-based virtual worlds.

Key Points:

In this historic fusion of creativity, ingenuity and innovation, Translucia's dynamic virtual engine meets the technological prowess of Well-Link, marking a new era for interconnected Web3-based virtual worlds.
This partnership will strengthen the capabilities and offerings of Translucia, bringing it a step closer to launching a highly anticipated virtual world engine on the global stage."
Establishing a strategic partnership with T&B will be an important milestone in the development of Well-Link.
We are very excited to join Project Translucia and hope to soon build a beautiful virtual world."