Connect with us

Technology

Domino and NetApp Unite Enterprise Data and AI to Unlock Transformational Innovation

Published

on

Strategic collaboration delivers data science and IT teams a common platform and processes for AI across the hybrid cloud, aligned with business objectives and without compromises

LAS VEGAS, Sept. 24, 2024 /PRNewswire/ — Today at NetApp INSIGHT, Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, and NetApp, the intelligent data infrastructure company, announced a strategic collaboration to help enterprises unlock AI’s full transformative power using NetApp’s advanced hybrid file storage technology in Domino. For the first time, companies can use one platform to manage both workloads and data movement in the hybrid cloud as well as across environments — making data AI-ready anytime, anywhere and simultaneously scaling data and AI, all with the efficiency, portability, and auditability required by enterprises.

AI’s transformational power remains elusive because enterprises compromise their AI initiatives. Data scientists and IT operate in silos where valuable resources, effort and time are spent trying to scale AI. These initiatives lack the security and efficiency to innovate at the pace business leaders expect, and fall short of governance to comply with policies and regulations. The result is increased risk, excessive costs and lost revenue opportunities. By combining enterprise data and AI management across the AI lifecycle, Domino and NetApp are opening the path for new strategies devoid of such compromises.

“Enterprises cannot capture AI’s opportunity without a unified approach to data and models,” said Jonsi Stefansson, SVP and CTO, Cloud Operations at NetApp. “Intelligent data infrastructure from NetApp helps customers more easily manage their data across a hybrid cloud estate for AI training and inferencing. Our collaboration with Domino allows organizations with a single advanced, unified AI and data stack to scale AI innovation easily, quickly, safely and responsibly across the world’s largest clouds.”

The two companies will co-develop a joint capability streamlining hybrid data and AI operations – allowing data scientists using Domino to provision and share high-performance storage volumes across cloud and on-premises environments with a single click. Powered by NetApp ONTAP and BlueXP™, the integration will offer industry-leading snapshotting, caching, and synchronization features, ensuring full data traceability and model reproducibility—a critical requirement for preserving audit trails and meeting regulatory compliance. With seamless access to data, AI developers can innovate on models faster while simultaneously satisfying IT needs for secure data management.

“AI innovation stalls when teams must balance it with technical complexity and governance,” said Nick Elprin, co-founder and CEO of Domino. “Together with NetApp, we’re smashing these barriers, helping our customers unleash AI’s full potential immediately.”

“Enterprises have invested heavily in big data, analytics, and cloud-based initiatives over the past decade, yet many still struggle to unlock the full potential of AI,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “Cohesive methods for orchestrating models across any infrastructure and governing data precisely is key for responsible and efficient AI deployment.”

The joint Domino and NetApp solution also eliminates the need to choose between velocity and enterprise readiness, innovation and risk management, or value and return on investment (ROI) of AI initiatives. It does this by creating a common operating environment across all data and models, integration with the world’s largest clouds, and a common control plane – coupled tightly with the AI model development lifecycle to streamline the AI and data lifecycle. This allows enterprises to:

Scale AI and data simultaneously across any infrastructure. Costly data movements or delays impede data, infrastructure, and tool orchestration. Efficient data movement and replication, powered by NetApp ONTAP, makes that data instantly and securely available at scale on the infrastructure where it’s needed for training and inferencing of models, with full resilience and security. Teams can co-locate data, infrastructure, and AI tooling with seamless cloud bursting to accelerate AI projects, ensure compliance with data sovereignty regulations, and drive cost-efficient cloud or repatriation strategies.

End-to-end AI and data governance to trust AI at enterprise scale. Joint governance capabilities enable full traceability, reproducibility, and auditability of all data, including metadata and artifacts. Domino captures this data from users and systems, while NetApp ONTAP’s efficient snapshotting capabilities ensure full data provenance via immutable dataset copies, visibility on policy compliance, and enable audits without disrupting the AI lifecycle. This unprecedented governance scope spanning AI and data saves time lost to forensics, compliance assessments, and risk mitigation.

Put enterprise data at the fingertips of data scientists and AI builders. NetApp’s innovative Data Explorer will power an unprecedented abstraction of underlying infrastructure allowing data scientists to directly search and access available enterprise data anytime, anywhere without delay as they build models and processes. This shrinks AI project timelines and prevents the need for data engineering.

The collaboration’s foundational capability, Domino Cloud running on Amazon FSx for NetApp’s ONTAP, is available today, offering customers:

Curation and sharing of robust, versioned data resources allowing data scientists to collaboratively iterate on model development faster, with write speeds improved by 417% and read speeds by 94% – reducing data loading times, training delays, and retrieval-augmented generation (RAG) inefficiencies—maximizing the return on AI projects and infrastructure investments.Efficient migration of data between on-premises and cloud environments with NetApp FlexCache® technology, ensuring just-in-time availability, optimized performance, and consistent model governance across environments with Domino.Storage that grows and shrinks automatically based on needs, with integrated enterprise-grade security and no manual setup or maintenance.

Availability
Domino Cloud powered by Amazon FSx for NetApp ONTAP is available now on AWS Marketplace. Additional capabilities will be available in early 2025. 

Additional Resources

Learn more about Domino’s partnership with NetApp.Learn to unlock the full potential of AI with Domino and NetApp in a new NetApp Community blog.Learn more about the latest innovations in the Domino Enterprise AI Platform.Follow Domino on LinkedIn and X/Twitter.

About Domino Data Lab

Domino Data Lab empowers the largest AI-driven enterprises to build and operate AI at scale. Domino’s Enterprise AI Platform unifies the flexibility AI teams want with the visibility and control the enterprise requires. Domino enables a repeatable and agile ML lifecycle for faster, responsible AI impact with lower costs. With Domino, global enterprises can develop better medicines, grow more productive crops, develop more competitive products, and more. Founded in 2013, Domino is backed by Sequoia Capital, Coatue Management, NVIDIA, Snowflake, and other leading investors. Learn more at www.domino.ai.

View original content to download multimedia:https://www.prnewswire.com/news-releases/domino-and-netapp-unite-enterprise-data-and-ai-to-unlock-transformational-innovation-302256682.html

SOURCE Domino Data Lab

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

DomaCom Appoints Giuseppe Porcelli as Chairman and Secures $2 Million Private Placement

Published

on

By

SYDNEY, Jan. 10, 2025 /PRNewswire/ — DomaCom Limited (ASX:DCL) is pleased to announce two significant developments that will strengthen its leadership and financial position as it advances its fund-first, technology-driven strategy.

Appointment of Giuseppe Porcelli as Non-Executive Chairman

DomaCom has appointed Giuseppe Porcelli as Non-Executive Chairman. Giuseppe is the Founder, Chairman, and CEO of Lakeba Group, a global technology leader renowned for AI-powered, scalable solutions. With extensive expertise in technology-driven investment strategies, his leadership will be instrumental in accelerating DomaCom’s growth, innovation, and investor value creation.

“Giuseppe’s appointment strengthens our leadership team at a pivotal time for DomaCom,” said Darren Younger, CEO of DomaCom. “His experience in driving technological innovation and scaling businesses will support our strategy to enhance investor value and expand our market presence.”

Successful Completion of $2 Million Private Placement

DomaCom has successfully secured a $2 million investment through a private placement from sophisticated investor Martin Groen. The placement involved issuing 142,857,143 fully paid ordinary shares at $0.014 per share, reflecting investor confidence in DomaCom’s strategy and growth potential.

“This investment demonstrates strong confidence in our vision to transform DomaCom into a leading fund-first, technology-driven business,” said Giuseppe Porcelli, Chairman of DomaCom. “The additional option to secure further funding underscores the long-term alignment between DomaCom and our investors. This capital will allow us to accelerate key initiatives, deliver value to our stakeholders, and position the business for sustained growth.”

These developments mark an important step forward in DomaCom’s transformation, reinforcing its commitment to technological innovation, financial growth, and enhanced investor value.

Contact person: Darren Younger, DomaCom CEO
Darren.younger@domacom.com.au 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/domacom-appoints-giuseppe-porcelli-as-chairman-and-secures-2-million-private-placement-302347645.html

SOURCE DomaCom Limited

Continue Reading

Technology

GlocalMe Unveils New Brand Identity and Cutting-Edge Innovations at CES 2025

Published

on

By

LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — GlocalMe, a global leader in mobile data connectivity under uCloudlink (NASDAQ: UCL), is proud to announce its participation in CES 2025, the world’s largest technology trade show. This year marks a significant milestone for GlocalMe as it unveils its newly refreshed brand identity and showcases an impressive lineup of innovative products that are set to redefine global connectivity.

With the theme “The Ideal Network of Life,” GlocalMe’s rebranding reflects its dedication to providing seamless, secure, and reliable internet connectivity that feels local, no matter where users are. Powered by its patented Cloud SIM and HyperConn™ technology, the brand emphasizes “Global Connectivity, Local Mindedness,” delivering a borderless yet personalized connection experience for modern digital lifestyles.

“Our new brand identity represents a transformative step in our journey to empower users with effortless and reliable global connectivity,” said Chaohui Chen, CEO of uCloudlink. “At CES 2025, we are thrilled to showcase how our innovative solutions bring the world closer together, delivering technology that feels personal and local, even in a globalized world.”

Spotlight on the GlocalMe Life Series

A major highlight of GlocalMe’s CES 2025 showcase is the GlocalMe Life Series, a collection of advanced products designed to provide secure and convenient connectivity for daily and travel use. With a focus on user convenience and peace of mind, the Life Series empowers users to stay connected effortlessly.

At CES 2025, GlocalMe will pre-launch three new additions to the Life Series:

GPet: The second generation of GlocalMe’s smart global pet tracker, featuring unique 6-tech positioning technologies to ensure the safety and location tracking of pets worldwide. New features, including ‘AI Wellness’ and ‘Pet Interaction,’ will enhance pet health monitoring and strengthen the bond between pets and their owners.UniCord S and UniCord P: Upgraded versions of the UniCord, designed specifically for drivers and remote workers. These devices offer advanced tracking features and provide secure and seamless connectivity during commutes or road trips. The UniCord P boasts upgraded mobile internet specifications, delivering a network experience comparable to a Wi-Fi hotspot.

These new products join the existing Life Series, which includes:

UniCord: The world’s first 3-in-1 multi-functional USB cable, which has been honored with the “CES Breakthrough Award 2025” by Android Authority for its innovative design and functionality.RoamPlug: The world’s only travel adapter with a built-in 4G mobile hotspot.KeyTracker: A global intelligent tracker featuring 6-tech positioning to secure and locate personal belongings with precision.

Introducing HyperConn™ Technology: Seamless Connectivity Redefined

GlocalMe will also debut its revolutionary HyperConn™ mobile Wi-Fi hotspot technology at CES 2025, redefining how users stay connected on the move. Leading this innovation is the MeowGo G40 Pro, a HyperConn™-enabled 4G multi-network mobile Wi-Fi hotspot. Designed for road trip families and remote workers, this device leverages AI-powered network switching to provide uninterrupted internet access by seamlessly connecting to multiple 4G carriers and Wi-Fi providers. This ensures reliable connectivity anywhere in the world, no matter where life takes users.

Experience GlocalMe at CES 2025

From January 7 to 10, 2025, GlocalMe will showcase its new brand identity and innovative product lineup at booth LVCC North Hall #8211. Attendees are invited to experience firsthand how GlocalMe is redefining global connectivity through its cutting-edge products and advanced technologies.

All pre-launched products from CES will be officially available by the end of the first quarter of 2025.

About GlocalMe

GlocalMe is a digital lifestyle brand under Nasdaq-listed technology company uCloudlink (NASDAQ: UCL). With its mission to enable people to ‘Connect and Share without Limitations’, uCloudlink is a leading mobile technology solutions provider that provides a marketplace for mobile data traffic sharing to billions of users in over 200 countries and regions. By using uCloudlink’s patented Cloud SIM technology, mobile users are no longer confined to the service of a single network operator but are opened to a world of connectivity whenever and wherever they are.

For more information, visit www.glocalme.com.

Photo – https://mma.prnewswire.com/media/2595181/GlocalMe.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/glocalme-unveils-new-brand-identity-and-cutting-edge-innovations-at-ces-2025-302347677.html

Continue Reading

Technology

Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

Published

on

By

SINGAPORE, Jan. 9, 2025 /PRNewswire/ — Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in Singapore and the broader Asia Pacific region. While the IPA marks a critical step forward, Reap Singapore remains steadfast in meeting the required conditions for the MPI License. Reap is equally committed to dedicating the necessary resources to support and assist Reap Singapore in achieving this goal. Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers.

“At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth. Receiving this IPA from the MAS, a globally renowned financial regulator, is incredibly motivating and will be a key driver of secure growth in the region. It fuels our enthusiasm to continue collaborating closely with regulatory bodies to shape a secure and efficient money movement across the region. Reap is also committed to building a strong payment service.” stated Kevin Kang, Co-Founder of Reap.

Singapore is integral to Reap’s mission of enhancing global money movement. Its high regulatory standards and commitment to foster sustainable innovation align seamlessly with Reap’s vision for the future of payment services. This alignment empowers Reap to drive secure and efficient financial flows while delivering exceptional value to its clients and partners.

About Reap

Reap group is a leading global payment technology provider that enables financial connectivity and access for businesses worldwide. By bridging disparate economies, merging technological divides, and connecting key financial players, we are transforming the financial landscape into a more interconnected and interoperable space for efficient money movement.

With corporate cards, payout solutions, and expense management tools, we streamline financial operations and empower businesses to scale. Our APIs enable businesses to embed finance into their own products and services, from issuing Visa cards to facilitating cross-border payments.

Founded in 2018 in Hong Kong, Reap has since expanded to a team of over 100 across the globe, including Singapore. Reap is supported by a strong network of investors, including Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, and Payment Asia.

For media enquiries, please contact:

Christine Cheuk
Marketing & PR Manager, Reap
christine@reap.global

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/reap-receives-in-principle-approval-for-major-payment-institution-license-from-monetary-authority-of-singapore-302347620.html

SOURCE Reap

Continue Reading

Trending