Fintech PR
Mangata Networks Forges Strategic Collaboration with Microsoft to Pioneer AI-Enabled Edge Cloud Connectivity via Satellite
Partnership will advance the reach and functionality of Microsoft Azure cloud, through global, high-speed low latency satellite connectivity and advanced edge compute solutions.
PHOENIX, Dec. 22, 2023 /PRNewswire/ — Mangata Networks, a global company offering satellite-enabled connectivity & intelligent edge computing solutions, has signed a partnership with Microsoft aimed at developing an AI-enabled edge cloud product connected via satellite. This partnership represents a long-term commitment between Mangata Networks and Microsoft, marking the beginning of a sustained collaborative journey aimed at continuously advancing cloud technology through innovative satellite connectivity.
Partnership Accelerates Azure Adaptive Cloud Adoption
Mangata will provide seamless connectivity and intelligent cloud computing services around the globe, bringing the benefits of Azure innovation anywhere in the world.
The network is powered by a multi-orbit constellation of HEO (highly elliptical orbit) and MEO (medium Earth orbit) satellites and a terrestrial network of edge data centers.
“We are thrilled to develop this transformative product in strategic collaboration with Microsoft, further enriching the Microsoft commercial marketplace ecosystem. Microsoft’s direct sales channels will play a crucial role in scaling our innovative solutions to enterprises globally. Our offering is not just a product but an all-encompassing network, infrastructure, platform, and software service. With capacity bundled into the service, we provide a seamless, integrated SLA that simplifies the adoption of our services for customers.” said Brian Holz, CEO of Mangata Networks. “This is more than a partnership; it is a long-term alliance set to redefine how enterprises leverage the cloud and intelligent edge compute.”
Innovative Features and SLAs Redefining Edge Cloud Connectivity and Business Transformation
A core element of the partnership is a deep commitment to innovation, where Mangata Networks will collaborate with Microsoft and execute against an integrated Edge-to-Space-to-Cloud product roadmap.
Leveraging Microsoft’s generative AI and data analytics capabilities, Mangata will, in close collaboration with Microsoft, re-imagine the entire product innovation lifecycle. These efforts will include integrating AI capabilities end-to-end; from customer and partner feedback and requirements definition through to how we roadmap, create, code, test, deploy, run, and support customer solutions. This initiative will result in delivering Azure adaptive cloud solutions, specifically designed to address unique and complex business problems at the edge, enabling and accelerating customer outcomes in a culturally sensitive way.
Mangata’s managed service will extend the geographical reach and functionality of Azure adaptive cloud. These collaborative solutions will deliver an array of innovative features, including AI-enhanced network routing at the edge, remote bandwidth optimization, workload management, real-time data processing, digital twin support, advanced satellite backhaul management, end-to-end cloud-edge IoT applications, 5G integration standardization, and multivendor sub-system integration (for example, ORAN and RAN-based equipment).
The Mangata and Microsoft solution using Azure will be made available through the Azure Marketplace, offering end-to-end application-level Service Level Agreements (SLA) with bundled connectivity. This comprehensive approach ensures a seamless experience for users seeking advanced and integrated solutions. Under the terms of the agreement, Microsoft will position Mangata as an Independent Software Vendor (ISV) on the Azure platform. This move will empower Mangata’s growth trajectory, with Microsoft providing substantial support in terms of technology, resources, engineering, as well as go-to-market backing.
Processing Data at the Best Location
With powerful edge compute and data management capabilities, customers can process data where it is created, reducing latency and time-to-insight by hosting advanced analytics and AI-inferencing at the edge. Valuable data, previously discarded due to lack of available bandwidth, can now be sent to cloud services like Microsoft Fabric, an end-to-end, unified analytics platform that brings together all the data and analytics tools organizations need -where it can be used to train and retrain AI models- to yield deeper operational insights.
For highly regulated organizations and governments, and for geographies with strict data sovereignty rules, applications can process sensitive data at the edge, keeping it within national or regional boundaries and only sending what is allowed to the public cloud.
“In collaboration with Mangata, we look forward to delivering an end-to-end Cloud and Edge platform to enterprise and government customers. This platform will enable business and mission critical applications anywhere with committed availability through satellite connectivity. Mangata will leverage Microsoft’s portfolio of Microsoft Azure Space and Azure for Operators to run their satellites’ constellation and edge platform. This collaboration is key for our continued commitment to empower our customers with intelligent, secure, and resilient technology.” said Mitra Azizirad, President and Chief Operating Officer, for Growth, Innovation and Strategy, Microsoft Strategic Missions and Technologies.
Addressing Global Challenges and Closing the Digital Divide
This collaboration is set to address critical challenges on a global scale related to sovereign state requirements, enterprise innovation, maritime and digital ocean transformation, data gravity, and telecommunications access and capacity needs. Mangata’s mission to empower the exchange of knowledge through global connectivity and to revolutionize access to the digital economy aligns with the Airband Initiative, a collaboration between Microsoft and the United States Agency for International Development (USAID) focused on closing the global digital divide by bringing internet access to all.
A New Era of AI-enabled Edge Cloud Computing
The pilot phase of the pre-integrated solutions in customer trial networks is scheduled to commence in the late 2nd quarter of 2024, ahead of Mangata’s planned constellation launch.
This initiative is poised to revolutionize the way businesses and governments worldwide harness the power of edge cloud connectivity through satellite technology. Together, Microsoft and Mangata will create a new platform for highly reliable, scalable, and robust IoT and SCADA applications at the edge, all connected to and managed by Azure. The collaboration marks a significant step toward a more connected, intelligent, and accessible future. This collaboration is not just a milestone but a starting point for a long-term journey between Mangata Networks and Microsoft, where both entities are committed to a lasting partnership that evolves with technological advancements.
About Mangata
Mangata Networks is a global, satellite-enabled network services and intelligent edge computing company. Founded in February 2020, Mangata has operations in the United States, United Kingdom, Singapore, and South Korea. Mangata is backed by an international group of investors including venture capital firms, economic development groups, and strategic partners.
Powered by a multi-orbit constellation and terrestrial network of intelligent data centers, Mangata provides secure, high-speed, low-latency connectivity that is affordable and accessible to all. With AI-enabled computing at the edge of the network, our customers can access cloud applications under a unified, global, and secure system – anywhere in the world. www.mangatanetworks.com
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
View original content:https://www.prnewswire.co.uk/news-releases/mangata-networks-forges-strategic-collaboration-with-microsoft-to-pioneer-ai-enabled-edge-cloud-connectivity-via-satellite-302021582.html
LONDON, Nov. 26, 2024 /PRNewswire/ — Hakluyt, the global strategic advisory firm for businesses and investors, has today announced a new social impact partnership with Orchestras for All (OFA), on the eve of the charity’s Big Give Campaign launch.
Orchestras for All is a UK-based charity that works with 11-19 year-olds to widen access to music, with a particular focus on those who face challenges such as disability, deprivation or caring responsibilities.
Drawing on its connectivity and in-house expertise, Hakluyt will advise the charity on issues as it seeks to fulfil its mission to ensure that all children, regardless of background or circumstance, are able to share in the benefits of group music-making.
Hakluyt, which has been providing in-kind support to the charity since 2022, has now formalised a partnership with Orchestras for All that will see it provide advice and guidance across a range of strategic challenges in order to help the charity widen its impact and reach more young people.
Kayo Yoshida, who co-leads Hakluyt’s work with Orchestras for All, said: “Orchestras for All does invaluable work sharing the benefits of music with children who have often been shut out of creative opportunities. I am personally delighted to be working with them, and look forward to our partnership flourishing over the coming years.”
Alexandra Davison, who also co-leads Hakluyt’s work with the charity, commented: “The opportunities that Orchestras for All offers can be life-changing for young people. The myriad benefits of musical education to children’s development and educational attainment are well known, and Orchestras for All is an organisation with a proven track record of widening access to music for the children who need it most.”
Nick Thorne, Executive Director of Orchestras for All, added: “We are delighted to have formalised our partnership with Hakluyt, and are incredibly grateful for the support they provide. This relationship is one of our most significant corporate partnerships to date, offering both financial support and advisory services.
“The funding Hakluyt have provided will not only help OFA continue providing its life-changing musical programmes, but also enable our participation in the Big Give Christmas Challenge 2024. Through this campaign, OFA aims to raise vital funds to ensure that more young people can access inclusive and transformative music-making opportunities.”
Notes to Editors
Hakluyt is a strategic advisory firm that works with corporate leaders and investors around the world on their most important commercial issues. For more information on the firm, please visit www.hakluytandco.com
Orchestras for All (OFA) is an Arts Council National Portfolio Organisation that breaks down barriers to give all young people the life-changing experience of making music together, regardless of the daily challenges they might be facing. Its inclusive, non-auditioned National Orchestra for All (NOFA) brings together 100 young musicians from across the UK who would otherwise be unable to access musical opportunities – whether due to physical disability, a mental health condition, economic deprivation, or rural isolation.
View original content:https://www.prnewswire.co.uk/news-releases/hakluyt-announces-new-partnership-with-orchestras-for-all-302316677.html
Fintech PR
MarketsandMarkets appoints Nirmal Shani as Managing Partner in Dubai, in line with IPO plans
DELRAY BEACH, Fla., Nov. 26, 2024 /PRNewswire/ — MarketsandMarkets, the only Indian-origin startup to feature in the Forbes list of ‘America’s Best Management Consulting Firms 2023’, has appointed Nirmal Ramesh Shani as Managing Partner.
Nirmal joins MarketsandMarkets from S&P Global to lead its real-time megatrend disruption impact platform for the global energy sector. He has over 23 years of experience with IHS Markit, Dun & Bradstreet, and Times of India. During his formative years, he supported his family business, exporting Indian handicrafts to Japan and USA.
Sandeep Sugla, Founder and CEO of MarketsandMarkets, said: “It’s my pleasure to welcome Nirmal to MarketsandMarkets. His leadership further strengthens our ability to address customer needs at a time when the global energy, power, chemical, material, and industrial sectors are undergoing unprecedented transformations. We estimate approximately USD 25 trillion emerging from new revenue sources by 2030 as megatrends like AI, clean tech, blockchain, IoT, etc., disrupt current revenue streams of customers and the customer’s customers.”
Milan Rao, COO and CRO of MarketsandMarkets, said, “Nirmal joins a growing list of global leaders who are committed to taking our AI-enabled platform, KnowledgeStore, and our cutting-edge growth and disruption consulting capabilities to over 13,000 clients globally. His knowledge and expertise will add significantly to our presence in the energy and ESG sectors worldwide.”
Nirmal is passionate about energy and sustainability; in his most recent role at S&P Global, he helped create landmark platforms — such as the CERAWeek Asia Pacific Energy Forum in Houston, the India Energy Forum in New Delhi, the partnership with PETRONAS for Energy Asia in Kuala Lumpur, and with Japan’s Ministry of Economy, Trade and Industry (METI) for the Asia Green Growth Partnership Ministerial Meeting (AGGPM) — to elevate the Voice of Asia within the global energy system towards an ‘Equitable Energy Transition for All’.
On his appointment, Nirmal said: “MarketsandMarkets helps progress my mission to the next level. I haven’t seen any other platform in the world that provides such a telescope for global energy, chemical, and industrial leaders to analyze the impact of disruptive shifts in real-time and in an interconnected way. The proprietary tools combined with exclusive on-demand access to research, and a dedicated growth program manager ensures our clients avoid missing blind spots and gain early mover advantages.”
Nirmal is an alum of Narsee Monjee College and Welingkar Institute of Management. He serves on the Board of Advisors/Governing Council of Umang Foundation, a non-profit organization with whom he has been associated since 2009. His philanthropic initiatives focus on education and health-related issues in rural India.
About MarketsandMarketsTM
MarketsandMarkets™, recently featured on the Forbes list of America’s Best Management Consulting Firms, is a blue ocean alternative in growth consulting and program management with the widest lens on emerging technologies, leveraged through a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. The B2B economy is witnessing the emergence of USD 25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. MarketsandMarkets™ works with several Forbes Global 2000 B2B companies, helping them monetize this USD 25 trillion opportunity—through TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing—and stay relevant in a disruptive ecosystem. MarketsandMarkets’ cutting-edge AI-powered KnowledgeStore™ platform (Market Intelligence Cloud) integrates research and facilitates analyses of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To learn more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn, and Facebook.
Media inquiries:
Mr. Rohan Salgarkar
USA: +1-888-600-6441
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View original content:https://www.prnewswire.co.uk/news-releases/marketsandmarkets-appoints-nirmal-shani-as-managing-partner-in-dubai-in-line-with-ipo-plans-302316430.html
Fintech PR
StarCompliance Expands Cryptocurrency Compliance Capabilities with the Acquisition of Aer Compliance
Bringing traditional securities trading compliance and digital asset management into one comprehensive solution
ROCKVILLE, Md., Nov. 26, 2024 /PRNewswire/ — StarCompliance (Star), a leading SaaS provider of employee compliance technology solutions, is excited to announce the acquisition of Argus Inc. DBA Aer Compliance (Aer), a leader in cryptocurrency trading pre-clearance and post-trade monitoring solutions. This strategic acquisition positions Star clients to monitor and mitigate risk more holistically by bringing traditional securities trading, and now digital assets, into one comprehensive solution. With Aer’s unique capability to monitor at the coin and wallet level—going beyond ETFs— Star’s clients will gain unparalleled visibility and control in the rapidly evolving cryptocurrency landscape.
“By integrating Aer’s advanced technology into our platform, Star is helping our clients prepare and get ahead of emerging regulations in the fast-changing cryptocurrency space,” said Jennifer Sun, CEO of Star. “We’ve been very fortunate to work with Owen and his team over the last 18 months as partners and now look forward to our future as a combined company.”
Owen Rapaport, Aer’s co-founder and CEO, will join Star as Executive Director of Product Management, Digital Assets, continuing to develop, integrate and introduce innovative solutions for mitigating cryptocurrency and digital asset risk. This acquisition builds on Star’s leadership position in regulatory compliance, adding advanced tools to Star’s Employee Conflicts of Interest suite, tailored to the rapidly evolving world of digital assets, ensuring clients stay ahead of emerging regulatory requirements.
The Aer acquisition adds several capabilities to Star’s robust offerings, including:
- Configurable, automated employee pre-trade clearance, post trade monitoring and automated alerts for digital assets
- Elimination of manual trade reviews with the ability to identify potential violations with post-trade monitoring across 130+ exchanges and 30+ blockchains
- Recognition of undeclared employee accounts using public blockchain data
- AI technology enabling assisted reviews of marketing content for unsubstantiated statements of material facts and hypothetical performance leading to faster approvals.
“As cryptocurrency continues to mature both as a personal investment asset class and a strategic business line for financial institutions, the demand for robust compliance solutions has never been greater,” said Rapaport. “Star’s vision for advancing employee compliance aligns perfectly with Aer’s commitment to fostering trust and integrity in this evolving landscape. Together, we will deliver cutting-edge products and usher in a new era of cryptocurrency trading and compliance.”
About Aer Compliance
Aer Compliance (Aer), incorporated in Delaware as Argus Inc., is the first employee trade compliance solution for digital assets. With a customer base comprising the largest funds and market makers globally, Aer’s software brings robust controls to this world of emerging risks. As regulators increase their scrutiny of cryptocurrency, Aer is the essential way to ensure appropriate measures are in place to protect both the firm and its employees. Aer’s US federal public sector work further informs its cutting-edge approach to compliance. You can find out more about the solution at www.aercompliance.com.
About StarCompliance
StarCompliance (Star) is a leading provider of employee compliance technology solutions. Trusted for over 25 years by over a million users in 114 countries, Star’s next-generation platform and user-friendly interface delivers the data, technology, and actionable insights needed to proactively mitigate risk, monitor conflicts globally, and support complex whistleblowing regulations. Visit www.starcompliance.com to discover the comprehensive security and unparalleled assurance you need to build a culture of compliance today.
Media Contact:
Greg Tarmin
+1 917-868-7791
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/starcompliance-expands-cryptocurrency-compliance-capabilities-with-the-acquisition-of-aer-compliance-302316262.html
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