- UPS Market to Hit $10 Billion USD by 2023: According to a new report from IHS Markit, the uninterruptible power supply hardware market is on track climb to more than $10 Billion USD by 2023. IHS Market cites the rise of edge computing, significant global data center investments, and the shift to lithium-ion batteries. “The worldwide UPS market reached $8.2 billion in 2018, up 6 percent compared with 2017, according to research and analysis firm IHS Markit. The market is expected to continue to grow over the next four years, surpassing $10 billion by 2023,” writes the report authors. “Single-phase UPS revenue grew 4 percent in 2018 year over year, while three-phase UPS sales rose by nearly 8 percent. The three top global UPS market leaders are APC by Schneider Electric, Eaton and Vertiv, which accounted for 46 percent of market revenue in 2018.”
- EdgeMicro Launches Micro Data Centers In Austin, Raleigh And Tampa: EdgeMicro has taken a major step forward in its offering with the deployment of Micro Data Centers in Austin, Raleigh and Tampa. EdgeMicro has collaborated for months with the anchor tenants to understand and deliver on their edge computing requirements. The customers include large internet companies and content providers that are seeking to improve user experience in under-served markets. Austin and Tampa will be in production this month with Raleigh close behind. EdgeMicro is in the site selection and permitting phase for 20 additional cities in 2020.
- Digi International To Acquire Opengear: Digi International has signed a definitive agreement to acquire Opengear, a provider of secure IT infrastructure products and software. The closing of the transaction is subject to customary conditions, including antitrust regulatory clearance. Opengear delivers critical IT infrastructure, including failover-to-cellular and out-of-band management solutions, to a broad range of Fortune 100 and other customers. Opengear is expected to retain its existing office locations and future office consolidations, if any, will be designed to minimize disruption to employees and customers. Digi has agreed to acquire Opengear for upfront cash of approximately $140 Million USD with a potential for contingent consideration of up to an additional $15 Million USD based on revenue performance through 2020. To finance the purchase, Digi expects to use a combination of cash on hand and debt financing under a $150 million facility that BMO Harris Bank N.A. has committed to provide to Digi.
- Microsoft and Nokia collaborate to accelerate digital transformation and Industry 4.0: Microsoft and Nokia have announced a strategic collaboration to accelerate transformation and innovation across industries with cloud, AI and IoT. By bringing together Microsoft cloud solutions and Nokia’s expertise in mission-critical networking, the companies are uniquely positioned to help enterprises and communications service providers transform their businesses. As Microsoft’s Azure, Azure IoT, Azure AI and Machine Learning solutions combine with Nokia’s LTE/5G-ready private wireless solutions, IP, SD-WAN, and IoT connectivity offerings, the companies will drive industrial digitalization and automation across enterprises, and enable CSPs to offer new services to enterprise customers. BT is the first global communications service provider to offer its enterprise customers a managed service that integrates Microsoft Azure cloud and Nokia SD-WAN solutions. BT customers can access this through a customer automated delegated rights service, which enables BT to manage both the customer Azure vWAN and the unique Agile Connect SD-WAN, based on Nokia’s Nuage SD-WAN 2.0.
- Altran and Edgecore Launch Fully Interoperable Virtualized Broadband Access Solution: Altran and Edgecore Networks have launched an SDN-enabled virtualized access solution for use with open broadband access network systems. The suite of software frameworks will help customers achieve the benefits of virtualization while accelerating the path to open networking, an operator-led initiative supporting interoperability and cost-efficient service delivery. Altran SDvAS boasts enhanced open networking frameworks with robust quality assurance and full-service support. One element, the SDvAS Virtual OLT (vOLT) framework, provides a rich set of features built on the Open Networking Foundation (ONF) VOLTHA, the Broadband Forum (BBF) Open Broadband Access (OB-BAA) with standardized NETCONF/YANG models, and the Altran Intelligent Switch Solution (ISS) control plane.
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