Company Gains Momentum with Large Global Deals 

MARLBOROUGH, Mass.-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- ExaGrid®, a leading provider of intelligent hyperconverged storage for backup with data deduplication, today announced record bookings and revenue for the quarter’s end in June 2019. ExaGrid posted the best quarter in its history and is on path to post another record bookings and revenue year.

“This was our best bookings and revenue quarter in the history of the company,” said Bill Andrews, CEO and President of ExaGrid. “We had a record number of six-and-seven-figure new customer deals in the quarter, which is a trend that continues to build as we gain momentum in large organizations globally.”

In addition to record Q2 bookings and revenue, ExaGrid achieved the following:

    ExaGrid is expanding support in Chile, Switzerland, India, Indonesia and other countries. ExaGrid h ... Read more »

Company establishes new subsidiary, opens new office in Dubai and hires staff to support nearly 100 clients and increasing demand for its award-winning support services in the region

LAS VEGAS-Thursday 11 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it is significantly strengthening its investment in and commitment to the Middle East by establishing Rimini Street FZ–LLC, opening a new office in Dubai and hiring local staff. The Company’s increased investment is in response to its growing client base with operations in the Middle East and accelerating local demand for its portfolio of award-winning, ultra-responsive enterprise software support services.

Rimini Street Strengthens Middle East Commitment and Capabilities

Rimini S ... Read more »

SEATTLE-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Spectrum Effect™, a pioneer in RF spectrum analytics, today announced that John Saw, CTO of Sprint, was appointed to the company’s Board of Directors. Saw will serve as an independent director, joining current board members Scot Jarvis, Gary Sledge, and Bruce Brda.

John Saw, Ph.D., is Chief Technology Officer at Sprint, responsible for technology development, network planning, engineering, deployment and service assurance of the Sprint network. Prior to this he was Chief Network Officer. Saw has more than 20 years of wireless industry experience. Before Sprint’s acquisition of Clearwire, he was CTO of Clearwire Corp where he had the vision to accumulate a vast portfolio of mid-band spectrum that is ideally suited for 5G NR. He joined Clearwire as its second employee in 2003 and was instrumental in scaling the company’s technical expertise and organization.

"We are del ... Read more »

Siebel offers concrete action plan for executives to lead digital transformation within their organizations

REDWOOD CITY, Calif.-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- C3.ai today announced the publication of CEO Thomas M. Siebel’s new book, Digital Transformation: Survive and Thrive in an Era of Mass Extinction, by RosettaBooks, with a foreword by former U.S. Secretary of State Condoleezza Rice. In the book, Siebel explains the confluence of four 21st century technology vectors—elastic cloud computing, big data, artificial intelligence (AI), and the internet of things (IoT)—and he offers a roadmap for executives to seize these technologies as a strategic opportunity to create billions of dollars in value, cost efficiencies, and social benefit.

Digital transformation is one of the most game-changing revolutions in history, estimated to add more than $20 trillion annually to the global economy. But it has also become one of t ... Read more »

Velodyne Sensors Deliver Industry-Leading Range and Resolution to Idriverplus Autonomous Driving Products

BEIJING-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. today announced that Idriverplus, one of the first companies in China to launch the commercialization of driverless technology and realize mass production, is using Velodyne’s groundbreaking lidar sensors in a range of autonomous driving products. Velodyne has strategically teamed with Idriverplus to help Idriverplus with its efforts for mass production of commercial autonomous vehicles, which include street cleaners, passenger cars, and logistics vehicles.

Velodyne lidar sensors are being used in all Idriverplus self-driving vehicles, providing rich computer perception data that allows real-time object and free space detection needed for safe navigation and reliable operation.

“We have a vision for the future that autonomous driving is not only a mea ... Read more »

- Updated prevalence nearly 10 times greater than WHO’s 2007 estimate of more than 100 million

- Untreated obstructive sleep apnea can lead to “major neurocognitive and cardiovascular” conditions, as well as high economic and societal costs, study says

- ResMed-led analysis of data from 193 countries, using data from the World Health Organization, and United Nations World Population Prospects

SAN DIEGO-Wednesday 10 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- More than 936 million people have obstructive sleep apnea – the disease’s first prevalence update in more than a decade – according to The Lancet Respiratory Medicine, the world’s leading journal in its field.

The Lancet today published a multinational analysis by ResMed (NYSE: RMD) (ASX: RMD) and 12 academic leaders in sleep research. The results were first presented at the ATS 2018 International Conference in San Diego.

This figure ... Read more »