Category Archives: big data analytics

Intel buys Smart Edge platform from Canada-based Pivot Technology Solutions for $27M

In the latest move to expand its edge computing business, Intel Corp. has agreed to purchase Smart Edge computing platform, an indirect subsidiary of Pivot, for US$27 million on Oct. 15.

Smart Edge is a virtualized mobile smart edge (MEC) computing platform that provides services to enterprises and businesses at the edge. The technology enables services including personalized ads, digital signage, VR and AR, and product information. It can be linked with various IoT devices to provide data analytics.

The platform can also create caching points to quickly deliver information with lower latency. Decentralizing data delivery across many nodes across the network is faster than delivering data from large, centralized data centres.

By scooping up Pivot’s Smart Edge, Intel is looking to further expand into the 5G market, where IoT and edge computing is expected to boom. In its press release, the company said that it’s expecting the 5G silicon addressable market to reach $65 billion by 2023.

Intel exited the 5G smartphone modem business in April this year and transitioned its focus towards network infrastructure and data centres.

Reuters reported that Smart Edge did not generate much revenue in the first half of 2019.

The acquisition is expected to complete in the fourth quarter of 2019. Intel said around 25 Smart Edge employees will join Intel when the transaction closes.

CanadianCIO of the Year finalists gathering for powerful discussion

How often do you get the opportunity to sit in on a free flow of ideas between senior business thought leaders? Probably, not often enough. But on Nov. 14, ITWC is giving you your chance as it hosts a virtual town hall featuring seven of the 2019 ITAC  CanadianCIO of the Year award finalists. These…

Finger Food investment in Calgary a ‘call to action’ for tech companies globally, says CSO

With $3.5 million in support from the Opportunity Calgary Investment Fund (OCIF), Finger Food Advanced Technology Group is opening up an advanced technology centre in Calgary, which will lead to the creation of 200 full time jobs in the city by 2023, according to the B.C.-based enterprise solution provider.

SAP HANA Cloud Services has Canada written all over it

BARCELONA — SAP’s new cloud data storage products were formally revealed at its TechEd conference last week, and despite a round of layoffs announced earlier this year across its Canadian operations, Canada’s research hubs in Vancouver and Waterloo remain an integral part of SAP’s latest portfolio enhancements, executives told IT World Canada.

SAP’s chief technology officer Juergen Mueller, took to the stage during his opening keynote on the heels of the company’s other TechEd event in Las Vegas, and explained how the company plans to make it easier for businesses to develop applications across its Business Technology Platform. Front and centre is SAP HANA Cloud Services, which combines all of SAP’s data and analytics capabilities as one set of interconnected services to store, process, govern and consume large volumes of data.

“We are becoming much more business-centric,” Mueller told audience members, acknowledging the fact that there was less of a focus on demonstrations with running code on the keynote stage. “SAP HANA Cloud offers one data access layer for all your data sources. It directly connects to your data from your on-premise HANA system, your third-party systems, and even Excel, without the need for data replication in order to work with that data.”

SAP HANA Cloud can be managed on the SAP Cloud platform using Kubernetes, and will significantly lower customers’ total cost of ownership for storing and managing petabytes worth of data, added Mueller. The company’s research hub in Vancouver has been hard at work for the past five years separating compute and storage with SAP HANA Cloud, ultimately allowing customers to scale both independently.

The expo floor at SAP TechEd in Barcelona. Photo by SAP.

“Vancouver is at the cutting edge of our machine learning and predictive analytics developments. They’re taking machine learning technology, and not thinking about just improving the product but thinking about how to connect it to people and the way they do work,” said Gerrit Kazmaier, SAP’s executive vice-president for analytics, databases, and data management, who spoke with IT World Canada after the morning keynotes.

SAP also unveiled the SAP Data Warehouse Cloud, a cloud-based repository under the SAP HANA Cloud umbrella, which according to Kazmaier, will help customers store petabytes worth of data without worrying about pesky capacity limitations. SAP’s other research hub in Waterloo was largely responsible for laying the groundwork for the repository.

As a result, customers will be able to put their newest or most valuable data in HANA’s in-memory repository and as the data is used less frequently, or “cools”, move it to HANA’s disk storage mode. Customers can eventually move that data to HANA’s new data lake, which is more cost-effective, once the heavy analytics is applied to it. And when data cools even further, they can move it to external data lakes, such as AWS S3 and Azure Data Lake all from within the SAP HANA Cloud.

Neil McGovern, senior director of product marketing for SAP, likened the company’s cloud strategy to the way people store photos on the public cloud.

“It’s the same idea. We’re just doing it with business data,” he explained, adding even C-Suite executives, who have been slow to fully grasp the value SAP can bring to the table due to the complexities around its products and the technology powering them, know the flexibility cloud can provide.

McGovern indicated that if a CIO today demands $25 million for a data centre during a boardroom meeting, there’s almost only one response.

“They’ll look at you and say ‘Go through the cloud instead’, and ‘Why are you employed with us?’”

General availability for SAP HANA Cloud and SAP Data Warehouse Cloud is planned for the fourth quarter of 2019.

Canadian SMBs incur a potential productivity loss of CA$2 billion using older technology 

A recent study commissioned by Microsoft and Intel reported that the cost of using a PC older than four years is more than buying a new one.  As per StatsCanada, the country is home to around 1.2 million small and medium businesses. These businesses comprise 98.8 per cent of the total employee businesses in the…

Running the last mile in analytics

A recent report by McKinsey noted that 40,000 exabytes of data will be collected worldwide in 2020. If just five exabytes is equal to all the words ever spoken by mankind, it’s not an understatement to suggest there is a prodigious amount of material for a data scientist to process to glean insights. To tackle…

Top Canadian tech CEOs call on federal leaders to release strategies for better productivity and wealth creation

In an open letter, the Council of Canadian Innovators (CCI) called on the main leaders of Canadian federal parties to come up with effective economic strategies and policies this election in order to promote the growth of innovative domestic organizations in the country by increasing their access to strategic capital, skilled talent, and new customers in domestic and international markets.