Market Newsdesk

PALO ALTO, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — Rubrik, the Cloud Data Management Company, announced updates to its cloud data management platform, offering global enterprises best-in-class data storage, protection, and orchestration. Details of Rubrik’s winter product release were shared today in a virtual event with top IT industry leaders, emphasizing the company’s focus on helping today’s businesses modernize and automate, extend to the cloud and mitigate risk around their soaring volumes of data.

“Rubrik is driving a revolution in modern data management,” said Dan Rogers, president at Rubrik. “With Andes 5.3, innovative companies can add automation to their data operations, protection across hybrid environments including all three major public cloud providers, and mitigate increasing data risks.”

Rubrik’s latest advancements come at a time when businesses are accelerating cloud adoption to better support distributed workforces and explosive data growth. In a recent report, global research and advisory firm Forrester predicted that, largely as a result of the pandemic, the global public cloud infrastructure will grow 35% in 2021. More than 59 zettabytes (ZB) of data will be created, captured, copied, and consumed in the world this year, according to a new update to the Global DataSphere from International Data Corporation (IDC). At the same time, global ransomware reports have increased by 715% YoY according to the BitDefender Mid-Year Threat Landscape Report, suggesting that bad actors are capitalizing on the pandemic and increase in remote work.

To thrive in this changing environment, enterprises need a data management solution that can seamlessly migrate and power on data in the cloud and protect against increasingly sophisticated cyberattacks. The Andes 5.3 release is designed to address the needs of customers by delivering more enterprise scale and performance, enhanced turnkey cloud migration, and expanded intelligent risk mitigation.

Sephora VP of IT Anil Gupta said, “Our infrastructure is essential to stay competitive, especially during these dynamic times. Rubrik technology grows with us–providing essential data protection and increasingly flexible and expandable data management as well.”

Performance at Enterprise Scale

Andes 5.3 offers improved performance benchmarks for large enterprise infrastructure and applications:

• 10x faster backups of SQL Server environments with hundreds of databases per host–supporting up to 10,000 SQL databases on a single Rubrik 4-node cluster;
• Oracle backup speed doubled to nearly one gigabyte per second;
• A new ‘Recovery Validation’ feature for Oracle in Andes 5.3 will enable validation and recovery tests that ensure an Oracle database is recoverable;
• New Service Level Agreement (SLA) policies can be applied to Rubrik Elastic App Service or managed volumes–enabling full backup automation; and
• NAS restore performance has improved 3x and NetApp scanning performance has doubled, allowing for 35 million files to be scanned in less than 15 minutes.

According to Mike Suter, Cloud Systems Architect for CBRE Group, “Rubrik CDM allows for easy protection and fast recovery back to previous snapshots. Polaris has taken this a step further by reducing costs and also natively handling replication and recovery for complete data protection and disaster recovery.”

Expanding to the Cloud

Rubrik has focused on cloud since its inception and, with Andes 5.3, expands orchestration and cost control across private and public cloud infrastructures and hybrid environments:

• Now supporting Google Cloud to include VMs and file sets as well as automated discovery and backup of SAP HANA on Google Cloud using Rubrik SLA-based policies;
• Comprehensive hybrid-cloud VMware protection across on-premises, AWS, Azure and Google, and now VMware Cloud on AWS;
• Fully cloud-native Polaris for Amazon RDS enabling unified protection of RDS across multiple AWS accounts and regions, and recovery to different AWS regions
• New protection of Oracle databases on AWS and Azure; and
• Improved Smart Tiering to archive data to cool storage when storage savings are greater than the compute costs of having to reconstruct the data for recovery.

Enterprise Risk Mitigation

Beyond immutable backups and faster recovery across hybrid environments, Rubrik offers products that work on top of its data protection platform Polaris to help customers to proactively mitigate data risk, even as threats accelerate.

To help enterprises better reduce risk of non-compliance and data breaches, Rubrik’s next release of Polaris Sonar product will offer visibility into high risk locations, including sensitive files open to everyone and those that contain data that has not been accessed for some time. Released in 2019, Sonar is designed to discover sensitive, personally-identifiable information (PII) hiding in an organization’s unstructured data. Over 600 customers are now using Polaris Radar and Sonar applications to mitigate data risk.

James Fleming, Director of ITS at leading biomedical research institute, Francis Crick Institute, said, “Sadly, during the pandemic, we’ve seen more attempts to plant ransomware, even as we contend with a huge increase in sensitive health information. In addition to essential protection against ransomware through Rubrik’s immutable backups, Sonar helps to find sensitive data that would be at risk of being exposed.”

A number of select customers and partners are currently using Andes 5.3 in beta, with general availability expected over the coming months through Rubrik’s expansive global partner network.

“Enterprises today are tasked with new challenges in managing their data, from an increase in business data to the proliferation of ransomware,” said Mike McLain, Architect, Data Protection at Insight. “I am excited about the enhancements Rubrik is making to its platform in Andes 5.3 that will make it easier than ever for our mutual customers to automate, protect, and modernize their data infrastructure.”

Daniel Jenkins, IT Network Engineer for Omnitracs said, “Rubrik truly is a set-it-and-forget solution that allows us to automate our complex workflows in our hybrid cloud environment. Coupled with automation and ease of use with public cloud, Rubrik has yielded 65% cost savings while freeing up time for innovation.”

Over 2,700 customers around the world trust Rubrik to protect, automate, and govern their applications at a massive scale in one seamless fabric from data centers to the cloud. Rubrik enables breakthrough simplicity, speed, and savings for the enterprise, and serves three of four Fortune 100 telecom companies, two of four Fortune 100 defense and aerospace companies, two of three Fortune 100 specialty retailers, and four of five Fortune 100 insurance companies.

To learn more about Rubrik Andes 5.3, visit www.rubrik.com.

Resources

[DATASHEET] Rubrik Andes 5.3

[BLOG] How Rubrik Andes 5.3 Elevates Backup Performance and Intelligent Operations
[BLOG] New Rubrik Enhancements Fast-Track Your Adoption of the Cloud
[BLOG] Mitigating Enterprise Data Risk in a Growing Threat Landscape

About Rubrik

Rubrik, the Cloud Data Management Company, enables enterprises to maximize value from data that is increasingly fragmented across data centers and the cloud. Rubrik delivers a single, policy-driven platform for data recovery, governance, compliance, and cloud mobility. For more information, visit www.rubrik.com and follow @rubrikInc on Twitter.

Contact

Kelsey Shively, Sr. Director of Communications, Rubrik
[email protected]  
425.306.2090

KANSAS CITY, Mo., Nov. 19, 2020 (GLOBE NEWSWIRE) — Rural fiber-optic network design and construction management leader Conexon is now delivering high-quality voice solutions through subsidiary Conexon Connect for electric cooperative clients deploying fiber to the home.

Providers pursuing federal auction funding to deploy broadband networks must also provide affordable voice services to qualify for those funds. Conexon Connect provides a Voice over Internet Protocol (VoIP) residential and business product suite that enables electric cooperatives to meet that requirement and complements their superior high-speed internet solutions with equally high-quality voice services over the fiber networks. The voice product suite provides strong revenue potential for co-ops.

“The intricacies of providing a voice product, specifically the complex regulatory, compliance and taxation requirements, can be challenging, particularly for organizations new to this environment,” said Terie Hannay, Conexon Vice President of Telecommunications Services. “At the same time, it can be a critical component of their offerings in rural areas. Our goal is to minimize the complexity and help cooperatives successfully launch and operate a profitable, reliable voice business.”

Conexon Connect’s end-to-end solution set encompasses all the technical and operational aspects of launching and offering voice services – secure, reliable hosting, ongoing management of regulatory compliance and taxation, pricing, billing integration, and marketing, sales, training and launch support. It enables cooperatives to avoid the significant up-front costs and yearly minimum investment often required to provide voice service. Conexon Connect’s proprietary model and business analysis lower risk for co-ops by identifying areas where offering voice service is advantageous for their operations, and where it is not. Conexon Connect-hosted calls are completed over the public switched telephone network, which results in a higher quality call than traditional VoIP calls.

“Part of the expertise Conexon brings to our (FTTH) project is in providing voice services, a requirement for securing federal funds,” Chad Lowder CEO of South Carolina’s Tri-County Electric Cooperative said. “Experience and expertise in voice were very important to us because the phone side of this business is a whole different world. We have every confidence that Conexon, as our phone provider of record, will ensure a quality service for members, and effectively manage the taxation and regulatory complexities of offering voice.”

“The regulatory burden (of offering voice) should not be underestimated by co-ops, and it takes quite a bit of time and effort to comply with all of the filing requirements,” Tim Johnson, CEO of New York’s Otsego Electric Cooperative said. “We’re just glad we found Terie and Conexon to support us in that business.”

About Conexon

Conexon works with Rural Electric Cooperatives to bring fiber to the home in rural communities. The company is comprised of professionals who have worked in electric cooperatives and the telecommunications industry, and offer decades of individual experience in business planning, building networks, marketing and selling telecommunications. Conexon offers its electric cooperative clients end-to-end broadband deployment and operations support, from a project’s conception all the way through to its long-term sustainability. It works with clients to analyze economic feasibility, secure financing, design the network, manage construction, provide operational support, optimize business performance and determine optimal partnerships. To date, Conexon has assisted nearly 200 electric cooperatives, 50 of which are deploying fiber networks, with nearly 150,000 connected fiber-to-the-home subscribers across the U.S. The company has secured more than a quarter of a billion dollars in federal and state grants for its clients.

ALBANY, N.Y., Nov. 19, 2020 (GLOBE NEWSWIRE) — As the weather gets colder, the New York housing market continues to heat up. Sales remained at higher than normal levels amid continued low inventory across the Empire State, according to the housing report released today by the New York State Association of REALTORS^®.

Closed sales in New York State continued to be robust, jumping 16.6 percent from 12,853 units in October 2019 to 14,981 last month. Pending sales skyrocketed to 16,333 homes – a 38.8 percent increase from the 11,766 total in October of last year. Year-to-date, pending sales are also up 6 percent in 2020 with 126,681 homes compared to 119,462 in 2019. New listings were also on the rise, up 9.7 percent for October – from 16,732 units in 2019 to 18,359 in 2020.

Housing inventory remained low through October. The 51,351 units represented a 20.9 percent decrease compared to 64,930 homes last year at the same time. Months supply of inventory dropped 23.2 percent – from 5.6 months to 4.3 months.

The median sales price in the Empire State surged 24.5 percent in October, from $273,000 to $340,000 in year-over-year comparisons. The average sales price also jumped from $362,572 to $441,020 – an increase of 21.6 percent compared to this time last year.

Low mortgage rates helped maintain the strong housing market in October. According to Freddie Mac, the monthly average on a 30-year fixed rate mortgage in October fell to 2.83 percent. This is the eleventh consecutive month the average monthly rate has decreased.

Additional data is available at http://www.nysar.com/industry-resources/market-data.

Editor’s Note: All data is compiled from multiple listing services in the state of New York and the data include townhomes, condominiums and existing single-family homes.

The New York State Association of REALTORS^® is a not-for-profit trade organization representing more than 60,000 of New York State’s real estate professionals. The term REALTOR^® is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS^®. These REALTORS^® are also members of the New York State Association of REALTORS^® as well as their local board or association of REALTORS^®.

Information:
518.463.0300
www.nysar.com

Contact:
Scott Morlock
Director of Communications
518-463-0300 x208 office
[email protected]

An Infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/033e695b-48ac-43fa-aee3-8b40fb95ebca

Global enterprises use Verizon’s 5G
Ultra Wideband
network indoors for vital digital transformation

Verizon Business announces Global Enterprise 5G Fleet Swap for iPhone 12 lineup

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) — Verizon Business announced today that General Motors and Honeywell will be among the first enterprise customers to install Verizon’s 5G Ultra Wideband service inside their corporate offices to drive vital digital transformation initiatives. Built with the bandwidth and speeds to support a variety of business and industrial applications, each company will work with Verizon to develop customized use cases that speak to their needs and roadmaps. Initial deployments are happening at the new Honeywell headquarters building in Charlotte, N.C., and General Motors Factory Zero at the Detroit-Hamtramck Assembly Center.

“If the past few months have taught us anything, it’s that the acceleration to digital will only get faster and our customers must seize this moment to scale quickly, and General Motors and Honeywell are two industry-leading companies that are first movers in this area,” said Tami Erwin, CEO of Verizon Business. “We’ve opened the door to the 5G era and have a once-in-a-lifetime opportunity to completely reimagine the future of enterprise. Foundational to this is the power of Verizon’s 5G network coupled with our expanding portfolio of enterprise cloud applications and devices, including the powerful, new iPhone 12 lineup.”

General Motors (GM) and Verizon Business partnered to install 5G Ultra Wideband at GM’s recently announced Detroit-Hamtramck Assembly Center, known as Factory ZERO, an all-electric vehicle (EV) assembly plant. The name Factory ZERO reflects the significance of this facility in advancing GM’s vision for a zero-crashes, zero-emissions and zero-congestion future. Factory ZERO will be the launchpad for GM’s multi-brand EV strategy. The facility will utilize Verizon’s 5G Ultra Wideband network and other advanced technology.

The greatly expanded capacity of 5G will speed the deployment of future innovations in advanced automotive manufacturing. In addition, 5G supports wider use of devices like the new iPhones 12 lineup used to run apps supporting quality, safety and efficiency in the manufacturing environment.

“Factory ZERO is GM’s flagship assembly plant in our journey to an all-electric future,” said Randy Mott, GM Executive Vice President and Chief Information Officer. “This is another example of cutting-edge technology improving quality and speed as GM accelerates its rollout of EVs.”

Honeywell is installing Verizon’s 5G Ultra Wideband inside their new corporate headquarters in Charlotte. The service will serve their Innovation Center and Executive Leadership floor, where they will showcase different Honeywell products and solutions that benefit from the high bandwidth and low latency provided by Verizon 5G Ultra Wideband.

“I am super excited to deploy 5G in our state-of the art corporate headquarters where we will provide an unparalleled showcase of Honeywell products that help make our world smarter, safer, and more sustainable,” said Sheila Jordan, Chief Digital Technology Officer at Honeywell.

Indoor 5G Ultra Wideband installations within enterprise customer facilities are a critical step in the process to deliver a commercial private 5G solution. Private 5G could lead to advancements in business operations, product manufacturing and customer experiences across a variety of industries. With Verizon’s mmWave bandwidth and reliability, private 5G should eventually offer the scalability to manage massive numbers of devices along with advanced capabilities such as Edge AI, computer vision and other emerging technologies.

5G Fleet Swap

Today, Apple and Verizon are also excited to introduce Verizon 5G Fleet Swap, a first-of-its-kind program that allows customers to trade in their entire fleet of smartphones, from Verizon or any carrier, and upgrade to any model in the iPhone 12 lineup for zero upfront cost, with zero to low cost per month.

“The iPhone 12 lineup is the best for business, with an all-new design, advanced 5G experience, industry-leading security and A14 Bionic, the fastest chip ever in a smartphone,” said Susan Prescott, Apple’s vice president of Markets, Apps and Services. “Paired with Verizon’s 5G Ultra Wideband going indoors and 5G Fleet Swap, an all-new device offer for enterprise, it’s now easier than ever for businesses to build transformational mobile apps that take advantage of the powerful iPhone 12 lineup and 5G.”

The iPhone 12 lineup is the biggest leap forward for iPhone, ever. Featuring a beautiful, all-new design, edge-to-edge Super Retina XDR displays, the biggest jump in durability in the history of iPhone with Ceramic Shield, unparalleled new camera systems, and Apple-designed A14 Bionic chip, iPhone 12 models also integrate the most 5G bands on any smartphone for the broadest 5G coverage worldwide.

Erwin added: “No matter where you are on your digital transformation journey, the ability to put the power of 5G Ultra Wideband in all of your employees’ hands right now with a powerful iPhone 12 model, the best smartphone for business, is not just an investment for growth, it’s what will set a business’s future trajectory as technology continues to advance.”

Business customers using the new iPhone 12 lineup on Verizon’s 5G network will have the potential to unlock new experiences with apps that will take advantage of the unprecedented speed, massive capacity and ultra-low lag time Verizon 5G Ultra Wideband offers.

• IBM: With IBM’s Maximo Visual Inspection app, designed for iPhone 12 models, manufacturers can monitor production line defects in real time using on-device machine learning, automating and scaling anomaly detection to drive greater efficiency. Core ML models on iPhone powered by the Neural Engine on A14 Bionic and trained on the IBM AI platform, can transmit images across hundreds of inspection points via a Verizon 5G network inside a manufacturing location.
• JigSpace
  : JigSpace provides fast access to documents, instructions and manuals with highly-detailed Augmented Reality (AR) experiences to help with training and maintenance of technical equipment, like ventilators. Using Apple’s ARKit and the power of the LiDAR Scanner built into iPhone 12 Pro, 3D AR models called ‘Jigs’ can be placed into your environment, for example on a table or workspace. With Verizon 5G Ultra Wideband, Jigs, which are often hundreds of megabytes of data, can appear near-instantaneously, making them accessible to field service technicians for viewing repairs, and collaborating live with others.
• OsiriX
  : OsiriX HD iOS app brings high-resolution radiology images to clinicians in the palm of their hands. Surgeons can review high-definition MRI/CT scans totaling gigabytes of data from hospital imaging servers on iPhone 12 models with Verizon’s 5G, which could allow them to better plan for surgeries in service of patient needs.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contacts:
Lauren Schulz
[email protected]

Kevin King
[email protected]