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IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 1

At the OCP Regional Summit in Amsterdam, October 1 – 2, 2018, IHS Markit will present the findings of its European Data Center Energy Efficiency Study. The market information and analytics firm analyzed current and future state of data center efficiency in the European region, and how OCP (Open Compute Project) equipment plays a role.

OCPAccording to IHS Markit, data center operators are looking to OCP equipment to help them solve energy efficiency challenges, and are seeking new vendors to help them. IHS Markit will present the complete findings of the research, as well as a case study from the London Internet Exchange (LINX) at the upcoming Regional Summit 2018 in Amsterdam.

Among the preliminary findings of the IHS Markit research:

  • Improvements to address cooling, optimization, and virtualization and the use of OCP servers were among the most used efforts to improve data center efficiency
  • Two-thirds of respondents are looking to OCP (Open Compute Project) equipment for energy reduction
  • Systems integrators play an important role in helping organizations determine solutions to address energy efficiency
  • Opportunities abound for new vendors to help them address these key issues – 65% of the respondents are considering alternative vendors to their current supply chain
  • A lack of support from current vendors, legacy equipment, and budget are current barriers to faster adoption
  • Research & development dollars are being deployed to efficiency research
  • The industry still lacks quantification of potential savings

“Most respondents are still focusing their data center energy-efficiency efforts on improving cooling, given that it can account for up to half of a data center’s energy costs,” said Liz Cruz, associate director of data center and IoT research at IHS Markit. “But the next frontier, beyond cooling, will be to address how to use compute more efficiently – maximizing it for parallel compute-intensive applications like artificial intelligence (AI) and machine learning (ML).”

OCP Adoption

In March 2018, IHS Markit presented the results of a separate analysis and forecast of OCP adoption by non-board member companies worldwide at the annual US OCP Summit held each year in San Jose, CA. In this study, IHS Markit found that the growth rate of OCP non-board member company revenue will be in the high double digits, while the total market growth will remain in the low single digits, with significant growth and demand in the European region, due to the many demands and constraints on energy efficiency in the region.

The OCP Regional Summit held on October 1 – 2 at the RAI Exhibition and Convention Center in Amsterdam, the Netherlands, will bring together key decision makers, executives, engineers, developers, and suppliers. The event will feature:

  • Keynote presentations focusing on issues specific to the European region
  • Engineering Workshops featuring in-depth discoveries from project groups
  • Expo Hall packed with the latest OCP hardware & software offerings

Sponsors of this OCP event include Wiwynn, ZT Systems, Inspur Systems, Rittal, Samtec, Edgecore Networks, 2CRSI, Cumulus Networks, Penguin Computing, Gigabyte, Nokia, and others. Registration for the OCP Regional Summit in Amsterdam is open now. All the details of the event can be found here:

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Latest Hive Fabric Release Brings Enhanced Data Center Management

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 2

HiveIO, a company that transforms commodity data center equipment into a software-defined virtualization solution, has announced version 7.0 of Hive Fabric – its hardware-and vendor-agnostic hyper-converged fabric offering. The new HiveIO Hive Fabric solution would bring enhanced data center management through additional functionality, improved flexibility, and increased scalability.

“Data is a valuable commodity in any business today; however, it’s time-consuming and difficult to obtain while also expensive to gain insights into your business,” said Dan Newton, CEO of HiveIO. “Version 7.0 of Hive Fabric will enable organizations of any size to build and scale their data center without additional cost or operational complexity, while making it easier to collect, access, and manage their data. With Hive Fabric, users can consolidate disparate meta-data into a single stream enabling your IT team to gain valuable insight into their business that leads to innovation and increases ROI.”

New features in HiveIO’s Hive Fabric 7.0 release include:

  • Virtual Server Support – Run multiple mixed-application workloads on a single infrastructure. With extended virtual server support, users can change the operational model in the data center.
  • Shared Storage – Augment the local and In-Memory storage capability of Hive Fabric, with hyperconverged scale-out storage. Hive Fabric automatically manages the creation, presentation, and ongoing management of the storage, which would enable seamless expansion as additional storage resources are added to the cluster.
  • Resource Management – This would simplify the management of the platform through the Cluster Resource Scheduler (CRS) by “intelligently” moving Guest VMs between servers to ensure operational efficiency while sharing resources. CRS provides continuous, automated monitoring of resource utilization across the cluster while ensuring a VM gets access to the resources it needs. CRS would also help to drive down costs in the data center by reducing the amount of hardware required to run workloads.

The foundation to Hive Fabric – the Message Bus – would provide detailed insights into data centers, removing the need for separate management infrastructure, as it is highly extensive and rich with meta-data. According to HiveIO, this “AI-ready” component is the key to unlocking an intelligent data center, formatting and digesting data in real-time, so users can predict and intervene before potential issues impact your IT environment.

“Hive Fabric is poised to break through the current boundaries of traditional data centers and enter the world of artificial intelligence and machine learning through its unique Message Bus architecture,” said Kevin McNamara, co-founder and CTO of HiveIO. “With less time spent managing tickets and outages, IT professionals can leverage an AI engine to provide proactive support, while also making time for the strategic initiatives that lead to innovation and transformation in a digital-era.”

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Frequency and Severity of Data Center Outages Increases, Says Uptime Institute

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 3
data centers

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 4Data center operators have, by and large, succeeded in lowering energy waste – as the average Power Usage Effectiveness (PUE) was reported at a record average of approximately 1.58 (although year/year improvements are decreasing), according to the findings of Uptime Institute’s eighth annual Data Center Survey. In alarming contrast, the survey results also revealed that both the rate of outage occurrences and the severity of each outage have increased from those reported just a year ago.

More than 80% of respondents said their outage(s) were preventable – leading causes of downtimes consisted of human error, power outages, network failure, configuration errors and third-party provider outages.

While nearly two-thirds of respondents (61%) said having workloads spread across on-site, colocation, and cloud deployments have made their overall IT more resilient, this was not supported by the evidence, stated Uptime Institute. The number of respondents that experienced an IT downtime incident or severe service degradation in the past year (31%) increased over the 2017’s survey (by about 25%). And in the past three years, almost half (48%) of our 2018 survey respondents had an outage in their own site or service provider. According to a research report by the Ponemon Institute, a data center outage costs around $9,000 per minute.

This global Uptime Institute data center industry survey is conducted annually. This year, the survey was conducted between February and May 2018 and includes responses from nearly 900 data center operators and IT practitioners affiliated with enterprise and service provider facilities in more than 50 countries worldwide.

Many survey respondents struggle to assess the business case and effectiveness of their hybrid IT architectures (defined as any mix of on-premises data center capacity and off-premises resources such as colocation, cloud, hosting and XaaS). Only about half are confident they understand the true costs and risk/performance tradeoffs of their chosen approach.

Edge Computing Capacity

The Uptime Institute survey data also showed that crucial to the growth of the distributed digital infrastructure is the implementation of highly distributed and/or edge computing, enabling more efficient operations through automation, real-time data analysis and artificial intelligence (and machine-learning) control associated with remotely-managed facilities. More than 40% of respondents stated they expect their organization will require edge computing capabilities, which was defined as “requirements that will necessitate processing data closer to the source of its generation/use”.

“Today, operators are grappling with new challenges, including increased complexity and high interdependency of systems and data centers,” said Andy Lawrence, Executive Director of Research at Uptime Institute. “Looking ahead, many are expecting to deploy significant new hybrid and edge computing capacity, which will support new services but will add an additional layer of complexity in doing so. Edge computing is exciting because of the improved performance and scale it can offer to nnext-generationtechnologies like artificial intelligence, the Internet of Things and even autonomous driving applications. We expect to see substantial growth in the edge over the next few years. Edge has the ability to keep building upon each set of application improvements and the advances of previous versions, which will cause rapid improvement in capability development and implementation.”

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T5 Data Centers Completes Its Chicago Colocation Facility

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 5

T5@Chicago_T5DataCenters_Chicago-Data-CenterUS data center owner and operator, T5 Data Centers, a company with facilities located in Atlanta, Los Angeles, Dallas, Portland, Charlotte, Chicago, New York, Colorado, and Ireland, has completed construction of its T5@Chicago colocation data center “in one of the hottest markets” in the United States.

The completion of the T5@Chicago facility comes seven months after beginning construction. The data center now offers up to 10 MW of available critical power capacity in Elk Grove Village.

“Our extensive development process from the initial building design stages to collaborating with our customers during installation has eliminated much of the complexity companies have when undertaking data center initiatives,” said David Horowitz, Vice President of Sales for T5 Data Centers. “It’s all about listening to the customer and delivering on what is important to them. These are mission-critical projects and customers not only demand operational performance and continuous uptime, but they also want to avoid giving up control of their infrastructure. The level of security, unparalleled customer support and true visibility into a customer’s infrastructure within a T5 facility is superior to owning and operating themselves.”

T5 Data Centers claims to have completed leases in T5@Chicago already with a variety of Fortune 1000 companies. All of T5’s data center projects are purpose-built facilities would feature “robust” design, redundant power and telecommunications, and have 24-hour staff to support mission-critical computing applications.

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Software-Defined Storage Company Excelero Receives Strategic Investment from Western Digital

Software-Defined Storage Company Excelero Receives Strategic Investment from Western Digital

Excelero, a company delivering software-defined block storage solutions, has received strategic investment funds from Western Digital Capital – the strategic investment fund of Western Digital. (NASDAQ : WDC). This investment represents the fourth strategic player to invest in Excelero, including Micron and Qualcomm, and brings the total VC funds invested in Excelero to $35 million.

“Analytics, machine learning, advanced visualization and AI are driving organizations to embrace new scale-out IT architectures, and they can’t do it with traditional storage architectures,” said Lior Gal, CEO, and co-founder of Excelero. “We’re honored to receive this strategic funding from Western Digital Capital, and to embark on a technical collaboration with Western Digital. We look forward to accelerating our go-to-market efforts together as we drive innovation in data center technologies.” Excelero will use the funds to accelerate its go-to-market activities worldwide.

Web-Scale Storage Solutions

Separate from the funding, Excelero and Western Digital have begun technical collaboration activities whereby the two firms are offering web-scale storage solutions to some of the world’s largest, most demanding enterprises and service providers. By harnessing Excelero’s NVMesh software-defined block storage solution along with Western Digital’s NVMe SSD hardware, the companies claim to deliver unrivaled storage scalability, performance, and agility.

“Excelero has developed a software-defined block storage solution designed to redefine storage for web-scale applications,” said Mark Long, president, Western Digital Capital. “The company is addressing an important and growing challenge associated with traditional architectures and we are pleased to support their efforts. Western Digital is committed to providing a variety of options to customers to solve the increasing challenge of managing AI, real-time analytics, and other Fast Data applications. Our new OpenFlexTM architecture and products allow for the independent scaling of compute, storage and network resources, with orchestration and management enabled through an open API. We look forward to working with Excelero to integrate and advance our technologies to create even more powerful solutions for customers in data-centric businesses.”

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365 Data Centers Adds Veeam-Powered Enterprise Backup-as-a-Service (BaaS)

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 6
365 data centers

365 Data Centers, a provider of hybrid data center solutions with data centers in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York and Tampa, is now offering its own private enterprise Backup-as-a-Service (BaaS). Powered by Veeam, the new backup service is delivered across 365 Data Centers’ “high-speed, low latency” US-based network.

“We’re proud to partner with Veeam to provide our clients with the industry’s leading BaaS product,” said Jeff Slapp, Vice President, Cloud Services & Support at 365 Data Centers. “We employ systems that ensure the best possible integrity and recoverability of our clients’ mission-critical data. Plus, our BaaS adheres to strict data retention policies that many companies must follow to stay compliant. In today’s business climate, there are few things more important than rapid and reliable access to company data, so we’re staying ahead of the curve on data integrity.”

365 Data Centers’ Backup-as-a-Service solution would adhere to four data protection philosophies:

  • Data Resiliency – All backup data is stored in checksum-based storage repositories, protecting it against silent bit error corruption and providing maximum fidelity and recoverability.
  • Data Security – All backup data is encrypted in-flight and at-rest using strong industry standard encryption to comply with GDPR, HIPAA and other industry requirements.
  • Data Redundancy – All backup data is stored in repositories that leverage N+2 redundancy with ultra-rapid recovery capabilities from component failures.
  • Data Survivability – 365 Data Centers helps clients maintain the 3-2-1 rule: three copies of clients’ data on two different types of media with one backup at an offsite location.

“365 Data Centers are true professionals in delivering best-in-class cloud and managed services, and as a silver member of the VCSP program, the company now offers the best-of-breed data protection and availability solutions in the industry,” said Matt Kalmenson, Vice President of Cloud & Service Provider Sales at Veeam. “365 clients can now achieve Hyper-Availability for all of their virtual, physical and cloud-based workloads. With a single console, they can manage fast, flexible and reliable backup, recovery and replication of all their applications and data.”

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Dell EMC Introduces Its Latest Z-series 100GbE Ethernet Switch For Private, Public and Telco Clouds

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 7
Dell EMC

Dell EMC, a pioneer in ‘open networking,’ has announced the launch of its latest Z-series 100GbE fabric switch, the Z9264F-ON. Dell EMC’s new Z-series 100GbE Ethernet Switch would deliver two times the capacity over their previous generation switches, while delivering “a complete set of open solutions for enterprise and service provider data centers.”

“2018 is looking to be a big year for 100GbE adoption in the data center with market forecasts projecting port shipments to almost triple by end of the year,” said Sameh Boujelbene, Senior Director at Dell’Oro Group. “We see the rapid transition from 40GbE to 100GbE combined with an increased adoption of fixed form-factor system fueling the growth. Given these conditions, the new Z9264F-ON is well-timed and the Open Networking proposition uniquely positioned.”

The new networking platform delivered by Dell EMC is powered by Broadcom‘s 6.4 Terabit/second Ethernet switching silicon, StrataXGS Tomahawk II. It is purpose-built for “high-performance” data center spine or fabric applications, providing “ultra-fast” network connectivity between data center racks.

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Dell EMCDelivering 64 ports of 100GbE in a compact 2RU form factor, the new Dell EMC Z9264F-ON switch would be ideal for customers seeking to retire large and costly legacy chassis switching systems while also accelerating transitions from 40GbE to 100GbE.

“Our enterprise and service provider customers have been unequivocal in their desire for innovative and Open Networking solutions for their data center infrastructure,” said Tom Burns, senior vice president and general manager, Dell EMC Networking and Solutions. “The new Z9264F-ON delivers on that desire, providing our customers with the most capable 100GbE switching platform in the industry and granting our customers maximum control over their network spend and their infrastructure.”

The Dell EMC Z9264F-ON switch will be on display at VMworld-Americas (August 26-30, 2018, Las Vegas, NV) and will begin shipping worldwide on August 31, 2018.

Open Networking Approach

The adoption of virtualization and automation technologies would fundamentally change data center architectures, driving out layers of equipment and accelerating connectivity between compute and storage elements. According to Dell EMC, the architectural shift is met with a growing requirement among enterprise and service provider buyers that they are able to make independent purchasing decisions around the networking hardware and software that they select.

This level of technology disaggregation, which Dell EMC calls ‘open networking,’ would be central to the shift to software-defined networking (SDN), as networking software options and capability dramatically increase. The new Dell EMC Z9264F-ON switch embraces this new consumption model, offering customers more software choices, whether commercial or open source, “opening the doors to greater innovation, greater savings, and ultimately greater control.”

“We are excited to see Dell EMC take a leadership role in the area of open source networking, and in particular, the OpenSwitch initiative,” said Arpit Joshipura, general manager, Networking, and Orchestration at The Linux Foundation. “Open innovation at peak speeds is what the industry is demanding and we are excited that the community is stepping up to meet the challenge.”

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“Hyperscalers Drive Our Data Center Business,” Says Tony DeSpirito, Schneider Electric

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 8

TonyThe worldwide public cloud services market is projected to grow 21.4 percent in 2018 to total $186.4 billion, up from $153.5 billion in 2017, according to Gartner. The fastest growth comes from hyperscale cloud providers. had an interview with Tony DeSpirito, Schneider Electric’s Vice President/General Manager of Data Center Operation Services, discussing the impact of this hyperscaler market dominance on Schneider Electric’s data center business, and more.

Schneider Electric provides end-to-end data center solutions and services worldwide. It also includes outsourcing services whereby enterprises and colocation providers around the globe out-task their data center operations to Schneider Electric. The company operates data centers of all sizes including some of the largest in the world. Their ‘Critical Facility Operations’ would be vendor-neutral, so they operate data centers that both have and do not have Schneider electric solutions.

What impact does the fast growth of hyperscalers have on your business?

“Hyperscalers drive a lot of Schneider Electric’s engineered-to-order solutions. Companies with hyperscale facilities are pushing the envelope of what could/should be done in the design of their datacenters to gain the slightest improvement in efficiency,” said Tony DeSpirito. “The impact of even a slight improvement in efficiency could result in millions of dollars saved due to the sheer size of the data centers.”

“Most of the hyperscale design architectures are repeatable, using large numbers of similar or identical high capacity infrastructure components. This allows us to know exactly what our solution needs to be to operate each subsequent facility. It also allows us to collaborate with the hyperscale customers to deploy potential improvements in one area that can be baselined against the same area in another facility. Designs of this nature allow for very efficient ‘Critical Facilities Operations’ with predictable outcomes.”

“Hyperscalers are in need of edge deployments as well, to improve the latency that their customers are experiencing due to the centralization of the data into these massive deployments. These important edge deployments are bringing big demand for Schneider Electric’s Prefabricated Modular Data Centers as well as our Critical Facility Operations business.”

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IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 9What are the latest technological developments according to Schneider Electric when it comes to operational efficiency and energy efficiency within data centers?

“Some of the latest developments in operational efficiency are being noted within the realm of predictive analytics tied to Data Center Infrastructure Management (DCIM). Today, there are more connected devices under the emergence of the Internet of Things (IoT) with maintenance and energy efficiency becoming front of mind. These analytics create new efficiencies in data center operations to analyze device information from power and cooling devices to ensure uptime with maintenance that is proactive instead of reactive. A direct result of this is energy efficiency, which is also being monitored in real-time by DCIM to determine power and cooling loads ensuring the most efficient equipment is providing service to the data center.”

Apart from Schneider Electric’s data center services delivered to hyperscalers, what message to you have to cloud hosting and colocation providers when it comes to their data center operations?

“Cloud and colocation companies are experts primarily in marketing/managing software technology platforms and leasing technical real estate, respectively. While assuring the highest quality, safety, security, availability, capacity, and resilience in data center operations is of principal importance to the delivery of their product to market, it is not actually central to their core mission. Maintaining a large staff of in-house data center professionals whose mission is to manage data center operations does not make you a better cloud hosting or colocation provider. It makes you a cloud or colocation provider that is distracted by the logistics, costs, and continuous improvement demands of day-to-day operations in critical facilities and IT service management. Wise cloud hosting providers and colocation companies out-task data center operations in both the grey space and the white space to competent third parties, and maintain a small number of highly skilled staff members to oversee and direct those operations and those third-party providers.”

“Inconsistent operations and performance between sites is another challenge faced by many cloud hosting and colocation companies who have been built via multiple acquisitions. Schneider Electric’s Critical Facility Operations program, for example, helps them bring consistent, documented processes and procedures across all sites. Large colocation companies often have a person or even a small team on staff with the expertise to implement best practices. However, due to rapid expansion, they typically have the bandwidth to do nothing but fight fires. We help them get out of firefighting mode and improve the overall performance of their data center portfolio. Additionally, the need to rapidly scale operations based on rapid business growth, the constant expansion of the global facilities, combined with the very tight market for data center technicians, presents serious staffing challenges for these companies.”

What kind of companies are out-tasking their full data center operations to Schneider Electric, can you provide a recent example?

“Sure, China Unicom is moving beyond telecommunications, quickly establishing itself in integrated cloud computing and network connection services with their China Unicom Cloud Data Co., Ltd. Their growth plan is aggressive, building 12 hyperscale data centers and 335 regional data centers across China. As they completed construction of two of their sites in Langfang and Hohhot, they realized they didn’t have the experience to efficiently operate data centers of this size.”

“China Unicom elected to out-task onsite critical power operation services for these two sites to Schneider Electric – from utility entrance down to rack power distribution units, with emergency generators and direct-current power supply systems included. There are currently 108 full-time Schneider data center experts on-site with plans to up that to 170 after completion of the next phase of construction. By leveraging Schneider Electric’s proven experience in data center operations, they have greatly improved the reliability of their critical facility operations, reduced operating costs by 30% and have achieved zero interruption to users’ key workloads. Essentially, out-tasking operations to Schneider Electric is enabling China Unicom to meet their aggressive growth goals.”

Much is written about the shortage of qualified staff to work in data centers. How does Schneider Electric address this challenge?

“Of course, we’ve seen a shortage of qualified staff in the market as well and have taken steps to rectify the problem. We work with regional staffing, trade schools, and military job placement companies to source personnel for our operations staff. As part of our commitment to operational excellence, our onboarding and professional development programs include an unparalleled training regimen to assure all staff members continuously meet our high standards. The training for new data center hires is a mix of hands-on and classroom learning.”

“Schneider is unique in the data center operations business, in that we are also an OEM of much of the major equipment that supports a data center. Our technicians can train on that equipment in a lab environment with no downtime consequence to a customer’s live data center. We develop the qualified staff from the selecting the right people with the right competencies and training them in data center operations based on proven methods, procedures and best practices. The hyperscale data center market also has driven strong demand for qualified critical facilities technicians, especially in the hotbed geographies. Schneider Electric can provide the people (as well as the processes, the tools, and technology) to quickly get these huge new data centers up and running.”

What are some of the lessons learned from operating data centers around the world?

“We’ve learned that around the globe and regardless of size of their data center, our clients faced the same kinds of challenges which led them to out-task operations to us. These challenges fall into 5 categories.”

“First, for most operating a data center is not a core competency and many people charged with overseeing operations do not have the broad skills or experience -in Electrical, Plumbing, HVAC, Project Management, Scheduling, intersystem dependencies – to operate a data center efficiently. This is true for colocation companies as well, where executives with expertise in real estate, not data centers, are overseeing critical operations. Secondly, most do not have standardized, documented operating procedures. Learning is by trial and error. Next to that, many are poor at risk management – there are too many vendors allowed access with not enough supervision, multiple vendors make it difficult to know who to call and standard emergency procedures are not in place. In the fourth place, most don’t have adequate tracking and reporting systems resulting in stranded assets, not understanding what has been done and what needs to be done and paying for service that never happens. And finally, virtually all data center operators are struggling to find ways to better control operating costs.”

To conclude Mr. DeSpirito, what do you see as the future of data center operations?

“The future of data center operations will be ‘lights out’ as advanced sensor technologies, predictive analytics and augmented intelligence all become ubiquitous. Think of the period between now and then as one of ‘dimming the lights’ where digitization of routine operations functions enables much higher human efficiency and populates data lakes that enable condition management functions to eliminate calendar-based maintenance, and predictive analytics to greatly reduce emergency maintenance. Edge and modular data centers are likely to lead the transition as sensor-driven data collection linked to service bureaus and augmented by scheduled human interaction becomes the most practical method of management.”

“To make this a reality, at Schneider Electric we’re executing a digitization strategy that is starting to ‘dim the lights’, with fewer but better-enabled people needed at a client site.  They’ll be supported by more automated processes, better technology, connected assets, remote monitoring and the information they need to make informed decisions.”

About Schneider Electric and Tony DeSpirito

With a global presence in over 100 countries, Schneider Electric provides data center solutions worldwide including power management, automation systems, data center racks, and more. Schneider Electric also operates many of the largest data centers in the world through its Data Center Operation Services business. Tony DeSpirito is Schneider Electric’s Vice President/General Manager of Operation Services. His responsibilities include strategy, marketing, sales, and execution of Schneider Electric’s data center operation services business.

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Northway Mining Signs $6,480,000, 2-Year Data Center Hosting Contract With Proof Computing

IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 10

Mining Power Group’s majority-owned subsidiary, Northway Mining which offers highly specialized data center hosting services for cryptomining and is located in Athens, NY, has signed a 2-year, $270,000 per month hosting contract with Proof Computing, a U.S.-based firm which will yield approximately $6,480,000 million in revenues to Northway Mining over the two years.

The data center hosting contract encompasses the hosting of about 3,150 miners, including up to 25,000 GPU’s, projected to consume about 5 MW hours of electricity per month. Under the terms of the contract, Proof Computing is paying a $540,000, or two-month, advance deposit for the hosting services which will cover installation, set up and equipment testing services by Northway Mining. The contract runs from approximately August 1, 2018, to July 31, 2020, and is renewable.

Northway Mining is a cryptocurrency mining data center hosting facility that provides hosting, electricity, cooling, maintenance, insurance, downtime coverage, OS installation (GPU) assistance, setup and security, and more.

“As I say in my bio on our website, I firmly believe that cryptocurrency is the future of transactions that will revolutionize the financial industry,” said Michael Miranda, President of Northway Mining. “This 2-year client contract (the first of many more to come) hints at the pace at which we expect demand for our facilities and services will grow… beginning today. We are leading the way in the marketplace by creating fully-customized data center crypto mining solutions.”

Tobacco Products and Cryptomining

Mining Power Group had just recently acquired a majority interest in Northway Mining, which has current revenues. In addition, it acquired real estate assets of substantial value including 30 acres of flat surrounding land that will be used for future expansion of Northway’s data center facilities. Northway presently has over 5,000 square feet of secure crypto mining space.

Mining Power Group, Inc. was original formed as Rich Cigars to distribute, brand and market tobacco products. Following a change of control in November 2017, it changed its name and shifted its focus to become a holding company for new subsidiary operations serving the cryptomining industry.

“One of the key reasons we did this acquisition, was that we saw that we were carving out a special niche in this market, where we were not actually competing with cryptomining companies, but we could provide top of the line and state of the art facilities and services that every company in the field would want and utilize,” said Dror Svorai, President and CEO, of Mining Power Group. “We are not competing with them but are servicing them. That way, the whole market could become our clients… not our competition.”

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Top-Financial News Platform Adds Equinix Data Center in Hong Kong

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IHS Markit To Share Its European Data Center Energy Efficiency Findings At #OCP Regional Summit 2018 12, a global financial market news and information portal composed of 30 editions in 22 languages and mobile apps for Android and iOS, has deployed in Equinix’s IBX colocation and interconnection data center in Hong Kong, building on its existing deployment in Amsterdam and Dallas. provides news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each of its 30 editions covers a broad variety of local and global financial vehicles including Stocks, Bonds, Commodities, Currencies, Interest Rates, Futures, and Options.

Founded in 2007 but called ForexPros at that time, then rebranded to in 2012, the site has a growing readership worldwide with more than 15 million monthly unique visits and close to 400,000,000 monthly page views across the network. Today is globally ranked within ‘top 600’ on Alexa.

As the world’s second largest economy, China is home to increasingly mature investors and brokers with a keen interest in overseas and domestic financial markets. This made it a key focus for which is constantly launching “innovative” features and new content to deliver a one-stop source for its readers across the world.

Previously, was serving customers in the China region via a data center located in Dallas. However, having to access data across this distance was causing a latency of up to 250 milliseconds for its users.

Low Latency Connectivity needed a provider that could help deliver fast and stable connectivity to its users in China to ensure they could access its rich, interactive content with low levels of latency. That’s where Equinix’s IBX data center in Hong Kong came in. By expanding to the Equinix Hong Kong facility, is able to see an immediate reduction in latency, to an average of 50 milliseconds, which has enabled it to secure more users, more page views, more traffic and ultimately more business.

Hong Kong would be an ideal location for as it has close proximity to mainland China and the wider Asia-Pacific region, offering access to a broad range of network services from more than 80 providers and enabling the ability to interconnect with the customers and partners in their digital supply chain. With its large global data center footprint, Equinix has 40 IBX facilities available across Asia-Pacific.

“Delivering IT services that are stable and fast is an essential part of our business,” said Gabriel M. Mizrahi, Chief Technology Officer (CTO) of “Like our readers across the world, those in Asia-Pacific expect near-instant access to rich and dynamic content, and Equinix is helping us to deliver this experience to our users. Our deployment in Hong Kong means we have been able to slash latency in the region and seamlessly interconnect to our providers. In addition, we are always evaluating new markets and with our great experiences with Equinix in Amsterdam and Dallas, and the high level of service it has continuously provided to us, we know we can seamlessly deploy wherever we need to in the world.”

Read more at Top-Financial News Platform Adds Equinix Data Center in Hong Kong on Website Hosting Review.