Strategic Investment and Technological Upgrades

AtlasEdge’s commitment to transforming the digital landscape of Leeds is evident in its substantial investment exceeding £13 million to refurbish what was already the largest purpose-built data center in the city.

“This investment showcases our commitment to not just enhancing the existing infrastructure but also ensuring that it meets the Tier 3 standard, thus setting a new benchmark for data centers in the region,” – Giuliano Di Vitantonio, CEO of AtlasEdge.

The facility’s overhaul includes the installation of a new intake substation, state-of-the-art transformers, and switchgear, alongside additional generators and UPS systems. The incorporation of energy-efficient cooling systems and a comprehensive suite of security measures further underscores the data center’s readiness to support high-demand digital activities with unparalleled reliability and sustainability.

A Hub for Connectivity, Colocation, and Cloud Services

AtlasEdge’s Leeds data center is poised to provide a trifecta of critical services: connectivity, colocation, and cloud solutions. By doing so, it aims to cater to the UK’s fastest-growing city economies, meeting the burgeoning need for lower latency, higher performance, and localized digital services. Di Vitantonio elaborated on the center’s significance, “This facility is not just the first of its kind in Leeds but a purpose-built solution to serve the growing requirements for advanced digital infrastructure.”

Implications for Local and Global Businesses

The opening of the Leeds data center has already attracted significant interest from a broad spectrum of clients, ranging from local businesses to multinational platforms and enterprises. Highlighting the center’s impact, David Cusworth, EMEA managing director of Hardy Fisher Services, noted, “The infrastructure that this state-of-the-art data center brings to Leeds is game-changing. It offers comprehensive solutions, from round-the-clock connectivity to exceptional security and carbon-efficient cooling systems, right on our clients’ doorstep.”

AtlasEdge’s Continued Expansion and Future Prospects

The launch is part of AtlasEdge’s ongoing expansion across Europe, with recent developments including new facilities in Hamburg and Vienna.

“Our ability to execute ambitious mergers and acquisitions on a pan-European scale is demonstrated by our recent expansions, solidifying our presence across 19 metropolitan areas in 12 countries,” Di Vitantonio remarked.

Looking ahead…

The unveiling of the Leeds data center by AtlasEdge marks a pivotal moment in the city’s journey towards becoming a leading digital hub in the UK and Europe. With its advanced infrastructure and comprehensive digital services, the facility is set to play a crucial role in supporting the digital economy’s growth, both locally and regionally. We invite our readers to share their thoughts and insights on how this development might shape the future of digital services and infrastructure in Leeds and beyond.

Photo by Bradley Caslin on Unsplash

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In a rapidly evolving digital landscape, the banking, financial services, and insurance (BFSI) sector is embracing a revolutionary technology: edge computing. This paradigm shift, moving computing closer to data sources, is akin to transforming a once-clear path into an efficient superhighway, bypassing the congested routes of traditional data processing.

The Evolution of Computing in BFSI

Imagine a solitary box in an open field, easily accessible but increasingly obstructed over time by natural growth. This metaphor, eloquently portrayed in a recent discussion on technological evolution, mirrors the BFSI sector’s journey. As noted, computing continues to evolve with more applications and increased functionality, resulting in a dense and cluttered thicket slowed by vast amounts of data. Edge computing emerges as the solution, decentralizing resources to streamline and expedite data processing.

Gaining an Edge in Data-Rich Industries

The world anticipates generating over 460 exabytes of data daily by 2025. BFSI, a data-intensive industry, stands at the forefront of this explosion. Traditional data processing, likened to “only building a two-lane highway into a major metro area whose population exploded,” is proving inadequate. Edge computing, by moving data centers closer to data generation points, offers a remedy to this bottleneck.

1. Better Customer Experience (CX)

In the realm of BFSI, customer experience hinges on speed and accuracy. Edge computing significantly reduces transaction times, enhancing customer satisfaction. Deloitte highlights its potential to offer personalized and relevant content delivered through preferred digital channels. In regions with limited connectivity, it ensures continued financial operations, thus broadening financial inclusivity.

2. Improved Fraud Detection & Data Security

Security in BFSI is paramount. Edge computing minimizes latency and potential attack vectors, creating a more secure environment. Real-time transaction monitoring and anomaly detection become possible, significantly reducing the risk of fraud. IBM notes that edge computing allows for immediate analysis of ATM video feeds, enhancing security measures.

3. Autonomous IoT

The Internet of Things (IoT), especially in insurance, benefits greatly from edge computing. It enables real-time data processing and alerts, facilitating immediate responses to incidents like water leaks. This integration not only aids in risk management but also offers potential for policy discounts, as noted by Statista’s forecasts on the growing smart home market.

Rounding Out Edge Computing: Key Considerations

For BFSI institutions considering edge computing, remember it’s an additive technology. A selective approach, a zero-trust security model, and a hub-and-spoke infrastructure organization are crucial for effective implementation. Hyper-automation and intelligent automation at the edge further enhance operational efficiency.

Conclusion: The Future is Now

Edge computing in BFSI is not just a futuristic concept; it’s a present-day reality transforming the financial landscape. By bringing the data center closer to the data source, BFSI institutions are paving the way for faster, more secure, and more efficient operations. We invite you to share your thoughts and experiences on how edge computing is shaping the future of finance. Your insights are valuable to us, and we encourage a lively discussion in the comments below.

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Modernization and migration of enterprise workloads to IBM Cloud frequently necessitate parts of their services to run on various other cloud networks. This practice poses a technical challenge for secure and reliable connectivity, especially in regulated sectors such as banking, insurance, and healthcare. This blog aims to iron out common questions, providing essential insight for connecting IBM’s application workloads to multiple clouds.

Understanding the Distribution of Workload across Multiple Clouds

Regulated enterprises manage intricate processes that often demand a blend of specialized services or applications not native to the same cloud. Companies depend on managed service providers operating on a centralized cloud that required dispersed resources to cater to varying regulatory requirements, risk of vendor lock-in, and to prevent outages.

A Look at Typical Workloads Demanding Multicloud Connectivity

The workloads necessitating multicloud interaction mainly fall into categories like application data exchange, batch data transfer, administration access, monitoring and tooling data transfer, and data replication.

Connecting IBM Cloud Regulated Workloads to Other Clouds

Enterprises working with IBM Cloud often follow the VPC-based reference architecture from IBM Cloud for Financial Services. Businesses can facilitate secure connections between their Virtual Private Clouds (VPCs) and other clouds or networks using services such as IBM’s Site-to-Site VPN, Direct Link Connect, and Direct Link Dedicated.

Exploring Various Modes of Multicloud Connectivity

The three primary methods for establishing connectivity between workloads running across different cloud providers are over the public internet, through connectivity partner networks, and direct connectivity at data center facilities. The selection of the correct method aligns with an enterprise’s long-term strategic objectives and technical requirements.

To conclude, regulated business entities have multiple options to secure the connectivity of their multicloud workloads across diverse cloud platforms and on-premises networks. Provided with a variety of offerings matching their specific needs, businesses can pick the best solution for establishing their connections.

Engage in the comments below to share your insights or ask any questions. We value your perspective and look forward to a knowledge-exchange community!

Learn more about how to navigate multicloud connectivity for regulated enterprise workloads on the IBM Cloud for Financial Services platform.

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In a notable development, Akamai Technologies, the renowned cloud company, has been recognized as a Leader in the IDC MarketScape NESaaS 2023 Vendor Assessment. This marks a significant accomplishment, emphasizing the company’s exceptional capabilities in network edge security. Analyst firm IDC MarketScape acclaimed Akamai’s consistent delivery of cloud security without compromising on performance through its mature application security portfolio.

The Importance of NESaaS in Enterprise Security

Network Edge Security as a Service (NESaaS) represents an integrated security solution combining diverse network security technologies. Delivered as a cloud service, NESaaS addresses essential customer use cases related to access policy enforcement and threat detection. The IDC MarketScape underscored Akamai’s wide range of https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Trust enterprise security solutions, including Akamai Enterprise Application Access (EAA) and Akamai MFA services for ZTNA.

Akamai https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Trust Security Solutions

Beyond these offerings, the Akamai Secure Internet Access (SIA) service, offering Secure DNS and SWG functionality, was also highlighted.

Senior Vice President and General Manager, Enterprise Security at Akamai, Pavel Gurvich, stated, “Securing the network edge is a necessity in today’s digital landscape. As enterprises migrate to cloud infrastructure, services, and applications, the importance of securing the network edge cannot be overstated.” He further emphasized Akamai’s commitment to helping enterprises transition to a https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Trust security architecture.

What does the recent recognition mean for Akamai?

Akamai’s recognition in the IDC MarketScape NESaaS 2023 Vendor Assessment underscores the company’s forward-thinking approach to network security. It also affirms the key role of NESaaS in ensuring a secure and reliable digital ecosystem.

As digital transformation accelerates, network edge security becomes even more critical. With Akamai leading the charge, businesses can feel more confident in their move towards a secure digital future.

How do you think this leadership position will impact Akamai’s future strategy? Share your thoughts in the comments section below!

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AI and Edge Computing: Changing the Face of Video Surveillance

The advent of AI and edge computing has shifted the perception of surveillance cameras from being just security tools to intelligent Internet of Things (IoT) devices.

Lizzie Stokes, IoT Hardware & Devices and IoT Networks & Services Analyst at ABI Research, explains, “By harnessing new advancements in AI and edge computing, all areas of a business can consider surveillance cameras as intelligent IoT devices that can gather data and issue alerts without human intervention.” As Stokes highlights, this evolution allows surveillance cameras to potentially predict human behavior, a massive leap in the industry.

Non-Traditional Uses of AI Video Analytics

As these cameras grow smarter and more powerful, business sectors beyond security and monitoring teams are taking note. Marketing and HR departments are investing in video analytics solutions and smart cameras, recognizing their potential to boost company profits and streamline operations.

Stokes notes, “Business units use AI-equipped surveillance solutions to track customer spending and satisfaction and monitor employee health and safety.” Industries such as manufacturing and public administration are also utilizing smart cameras to identify manufacturing defects quickly and improve public safety, demonstrating the versatility of these devices.

The Evolution and Future of the Video Surveillance Market

The broad application potential of AI video analytics is contributing to a significant transformation in the video surveillance industry. Stokes states, “New use cases for AI video analytics are transforming the industry as more customers shift investments toward services that mine surveillance footage for operational insights.”

This shift has prompted an evolution in the business models and product offerings of video surveillance vendors. Furthermore, advancements in camera connectivity technology are unveiling new form factors like advanced body cameras for law enforcement and cellular trail cameras for hunters, enriching the market potential.

The Key Players in Video Surveillance Industry

The industry is witnessing a dynamic landscape with key players like Axis Communications, Honeywell, and Bosch making their presence felt. Motorola has also emerged as an important player after acquiring several popular video surveillance brands. However, Stokes also notes the controversial nature of the market, citing Chinese manufacturers Hikvision and Dahua as the “largest and most controversial companies in the video surveillance market,” due to national security concerns.

Market Challenges and Potential

Despite grappling with challenges such as international disagreements, privacy concerns, and the threat of increased regulation, Stokes remains optimistic about the future of the video surveillance industry. “Though the market is maturing now, it has the potential to be transformed by new, value-adding use cases and form factors,” she concludes.

About ABI Research ABI Research provides actionable research and strategic guidance to technology leaders, innovators, and decision-makers worldwide. They focus on transformative technologies reshaping today’s industries, economies, and workforces.

The intersection of AI and edge computing is not only transforming video surveillance but also shaping the future of several industries. As we continue to harness these technological advancements, we can look forward to a world where intelligent devices like surveillance cameras play a pivotal role in improving business operations and public safety.

What do you think about these advancements in AI and edge computing? How do you see this technology influencing your industry? We encourage you to share your thoughts and comments below.

The post ABI Research Insights: AI and Edge Computing Transforming Video Surveillance first appeared on Tech Insight.