Introducing SINOVATE: The Future of Decentralized Cloud Storage

LONDON, Dec. 4, 2020 /PRNewswire/ — Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before.

Market Growth and Unsustainable Solutions

The data storage industry is projected to exceed $80 Billion USD in the next 4 years as a result of the rise of mobile devices, the app market, and growth across Blockchain IoT, AI, and e-commerce. The market is split between mainstream providers (Amazon, Microsoft) and the new, more technically secure blockchain-backed (Storj, Filecoin) dCloud alternatives.

Mainstream cloud data providers are struggling with consistent data breaches, exposing a whole range of sensitive information (logins, passwords, IP addresses), while some blockchain alternatives face problems with token inflation. 

What is SINOVATE?

SINOVATE is a (SIN)

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Microsoft doubles down on cloud data with new products, makes new appeal to Amazon’s rivals

Microsoft is rolling out new cloud technologies for wrangling, protecting and analyzing large amounts of corporate data, escalating its competition with Google, Snowflake and Amazon in the $25 billion global market for data analytics and business intelligence.



Satya Nadella wearing glasses: Microsoft CEO Satya Nadella introduces the company’s new cloud data products. (Screenshot via webcast)


© Provided by Geekwire
Microsoft CEO Satya Nadella introduces the company’s new cloud data products. (Screenshot via webcast)

Microsoft said its previously announced Azure Synapse Analytics technology is now generally available, with capabilities including data warehousing, artificial intelligence, security and compliance. The company also announced a preview of a new product, Azure Purview, which automatically discovers data across cloud platforms, on-premises servers and online applications.

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Speaking via video at a virtual event, Microsoft CEO Satya Nadella made an apparent appeal to Amazon’s competitors, without mentioning the company by name. Nadella said it’s important to be able to trust not just a vendor’s technology capabilities and but also its “business model alignment”

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Cloud Software Stocks Rip Higher After Strong Earnings from Snowflake, Others

Many enterprise software stocks are adding to their big 2020 gains on Thursday, as investors take heart in a batch of strong earnings reports that were posted on Wednesday afternoon.

Zscaler  (ZS) – Get Report is up 24.3%, Okta  (OKTA) – Get Report is up 6.9%, Snowflake  (SNOW) – Get Report is up 16%, Elastic  (ESTC) – Get Report is up 14.2% and CrowdStrike  (CRWD) – Get Report is up 15.1% after each company comfortably beat its October quarter estimates and (generally speaking) issued strong guidance. And a number of other software names appear to be catching sympathy bids.

Palantir Technologies  (PLTR) – Get Report, which tumbled yesterday on a Morgan Stanley downgrade, is up 8.8%. Smartsheet  (SMAR) – Get Report is up 6.8%, Datadog  (DDOG) – Get Report is up 4.8%, Unity

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Laserfiche Showcases the Latest Cloud Solutions Enabling Remote Work and Business Continuity at GITEX Technology Week 2020

DUBAI, United Arab Emirates, Dec. 3, 2020 /PRNewswire/ — Laserfiche  — the leading global provider of intelligent content management and business process automation, will showcase the latest developments in SaaS content services platform technology accelerating the Middle East’s digital transformation as virtual exhibitors at GITEX Technology Week 2020. Attendees will learn the benefits of using Laserfiche to increase remote collaboration capabilities establish long-term business continuity and build an effective digital workplace during major disruptions such as COVID-19. The largest technology show in the region, GITEX will take place Dec. 6-10, 2020, both in-person at the Dubai World Trade Centre and as a virtual event.

“GITEX has always been a valuable opportunity for Laserfiche to showcase the latest solutions and customer stories,” said Laserfiche Account Manager for the MENA region Anson Wong. “We are excited to share content management, remote work and process automation solutions, as well as

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Google Cloud rolled out Healthcare Interoperability Readiness Program

  • Google Cloud makes it easier for healthcare entities to comply with HHS’ April data-sharing deadlines.
  • And  the HHS deadline will no longer be able to put off despite the impacts of the pandemic.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Digital Health industry with the Digital Health Briefing. For a limited time, you can try the Briefing for a full week for just $1!

The tech giant’s cloud arm lifted the curtain on its Healthcare Interoperability Readiness Program that helps healthcare organizations devise a plan to standardize and integrate their data in compliance with the HHS’ mandates by April 2021.

Interoperability areas providers, payers, and vendors are most concerned about

Google Cloud makes it easier for healthcare entities to comply with the HHS’ April data-sharing deadlines.

Insider Intelligence


Payers and providers are struggling to comply with the looming interoperability mandates—and as many healthcare organizations contend with the impacts of the pandemic, quick and easy-to-deploy solutions like

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Google Cloud acquiring Actifio, startup backed by Andreessen Horowitz

  • Google Cloud announced Wednesday that it plans to acquire the data backup and recovery startup Actifio, which has been backed by VCs including Andreessen Horowitz, Greylock Partners, and TCV.
  • Google Cloud plans to use Actifio’s technology to help customers with managing their data both on the cloud and in private data centers, showing their investment in the so-called hybrid cloud.
  • Under CEO Thomas Kurian, Google Cloud has already made several acquisitions, including a $2.4 billion deal to buy the data analytics company Looker.
  • Visit Business Insider’s homepage for more stories.

Google Cloud announced Wednesday that it plans to acquire Actifio, a data backup and recovery startup that counts firms including Andreessen Horowitz, Greylock Partners, and TCV among its investors.

The terms of the deal were not disclosed. Actifio, which is based in Massachusetts, had raised a total of $461.13 million and was privately valued at $1.3 billion in 2018, according

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Oracle takes a new twist on MySQL: Adding data warehousing to the cloud service

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MySQL, the open source relational database that came to Oracle through the Sun Microsystems acquisition, originated as a relatively simple relational database that was known for one task: transaction processing. In an announcement today, Oracle is unveiling an extended version of MySQL that takes it into data warehousing territory. It is releasing a new managed MySQL database service on Oracle Cloud Infrastructure (OCI) that will support both transaction and analytic processing workloads.

That creates a key change for MySQL users. With few if any analytic options open, MySQL users typically resorted to ETL to move data to a separate database if they needed a data warehouse. In the new Oracle cloud service, it’s part of the same offering, and thanks to liberal use of in-memory technology, eliminates the need to run ETL.

Until now, MySQL has been primarily restricted to transaction processing as it lacks features, such as support for

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Wendy’s and India’s Rebel Foods are developing 250 cloud kitchen across the country

US fast food chain Wendy’s is ramping up its presence in India, saying it plans to have 400 cloud kitchens and traditional restaurants across the country in the next decade.



a man standing in a kitchen preparing food: An employee prepares an order inside a Rebel Foods Pvt cloud kitchen in Mumbai, India, on Thursday, May 2, 2019. Rebel Foods calls itself the World's Largest Internet Restaurant Company, a boast that's hard to disprove because there aren't many chains quite like it. Founded by a McKinsey & Co. alumnus named Jaydeep Barman, the company serves a dozen different menus with everything from cheese-loaded Italian pizzas to 99 variations of the dosa, a popular south Indian lentil-and-rice crepe. Photographer: Dhiraj Singh/Bloomberg via Getty Images


© Dhiraj Singh/Bloomberg via Getty Images
An employee prepares an order inside a Rebel Foods Pvt cloud kitchen in Mumbai, India, on Thursday, May 2, 2019. Rebel Foods calls itself the World’s Largest Internet Restaurant Company, a boast that’s hard to disprove because there aren’t many chains quite like it. Founded by a McKinsey & Co. alumnus named Jaydeep Barman, the company serves a dozen different menus with everything from cheese-loaded Italian pizzas to 99 variations of the dosa, a popular south Indian lentil-and-rice crepe. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Wendy’s and its franchise partner Sierra Nevada Restaurants are teaming up with Mumbai-based Rebel Foods to develop and operate 250 cloud kitchens in India as the coronavirus drives up

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Equinix plans fifth Singapore data centre as cloud demand climbs

Equinix has unveiled plans for a fifth data centre in Singapore, as it looks to meet increasing demand for cloud services amidst accelerated digital transformation efforts. Slated to launch in the first half of 2021, the new site will boast an initial capacity of 1,300 cabinets and investment of $144 million in the first phase. 



a tall building


© ZDNet


The data centre also will offer 18,400 square feet of colocation space and, at full capacity, is targeted to house 5,000 cabinets and a total colocation space of almost 129,000 square feet. To be called SG5, the new nine-storey building will be located in Tanjong Kling, formerly known as Data Centre Park, and will be directly linked to Equinix’s four other sites via dark fibre links. 

The announcement comes months after the data centre operator opened its fourth local facility earlier this year, with an initial investment of $85.3 million. Equinix runs 46

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Amazon’s cloud unit taps own chips for new supercomputing offering

Dec 1 (Reuters) – Amazon.com Inc’s cloud unit on Tuesday offered a new supercomputing service based on its self-designed processors, a further sign of how chips based on Arm Ltd’s technology are encroaching on Intel Corp and Advanced Micro Devices Inc turf.

Amazon Web Services, or AWS, sells its computing services based on the customer’s choice of an underlying central processor chip. Software developers have traditionally chosen between Intel or AMD products, but since 2018 Amazon has also offered its own “Graviton” chips designed with technology from Arm, which is in the midst of a $40 billion takeover by Nvidia Corp.

Arm-based chips have long powered mobile phones because they can operate on very low power levels, but they are increasingly used in data centers where their power efficiency helps control costs. The world’s fastest computing system, the Fugaku supercomputer in Japan, is based on Arm chips.

Supercomputing helps with

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