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Metra Group announces value-added partnership (VAP) for GCC countries with Secure AIOPs company TechBridge, www.tech-bridge.biz

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7 months ago

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DUBAI, UAE, Feb. 13, 2024 /PRNewswire/ — Metra Group – A leading provider of information technologies and solutions in the region with a legacy of over four decades has recently entered an Agreement of Value-Added Partnership with TechBridge Consultancy Services LLP – an Indian company pioneering in AI based Data Centre Operations & Cyber Security powered through advanced analytics and machine learnings/ artificial intelligence (AI) capabilities. TechBridge provides open platform with native integrations, for heterogeneous infrastructures such as data centre projects in the state-of-the-art DC’s, smart cities, safe cities, power sector, telecom, etc cutting across verticals.

 

 

The global network monitoring market size was valued at $3.04 billion in 2022 & is projected to grow from $3.34 billion in 2023 to $6.97 billion by 2030 and global network security market size was valued at $21.43 billion in 2022 & is projected to grow from $23.83 billion in 2023 to $54.37 billion by 2030.

Secure AIOps—i.e. cyber security with artificial intelligence for IT operations—is the application of artificial intelligence (AI) capabilities, such as natural language processing and machine learning models, to automate and streamline operational workflows.

Mr. Saurabh Agarwal – Founder and CEO of TechBridge, who was present at the occasion explained about how AI and Automation is helping the Data Centre operations to be achieving Zero Touch & Zero Trust goals, with the power of Gen-AI is helping the Digital Transformation and Security buttressed with confidence. He also cautioned on the risk of data and information overload and further explained about how TechBridge platforms make sense of such large set of data and provide the pointed/condensed AI based decision support to deliver the comprehensive value with secured & confident environment.

AI/ML/Automation powered natively integrated platforms, cyber security and AIOPs, can bring savings, in tune of millions of dollars, to the enterprises. TechBridge Platform delivering Secure AIOPs, which brings orchestration across data centre operations and security. Cohesive management and integrated data strategy spanning Security Incident handling and Asset Management, providing 360 degree Risk Scoring and Profiling, bringing unique value proposition.

Mr. Adib Rajji, VP Vendor Strategy and Business Development of Metra Group spoke about the emerging GCC market demands for Smart/Secured Data Center Operations. The advanced use of Analytics, powered with Artificial Intelligence and Machine Learning. Stressed upon the need of technologies based on the unique capabilities of TechBridge platform. Metra Group chose to be the added value distributor for TechBridge in the Middle East and North Africa.

Furthermore, he also elaborated about the key value proposition of this partnership and how it is unique in its own nature to make the difference.

The conference had the attendance of following industry experts and thought leaders in the areas of Smart Cities, Urban Management, Infrastructure development:

Mr. Puneet Kaura VP Sales and Operations – Aquila Clouds

Mr. Maan Al Saleh VP Sales and Business Development – Aquila Clouds

Mr Saurabh Agarwal – Founder and CEO of TechBridge

Mr. Adib Rajji, VP Vendor Strategy and Business Development of Metra Group

About Metra Group:

Metra Group has been the region’s foremost provider of IT services and solutions since 1982, becoming the region’s fastest growing value- added IT distributor with over 30 vendors, 500 employees and 6500 partners and resellers. Metra Computer Group excels at creating distribution networks with a keen focus on logistics, service, product aggregation, maintenance, and technical support. Metra Group (https://metragroup.com) embarked on its international expansion journey by entering the Saudi Arabian market in 1991. Subsequently, the company established its presence in the USA in 1993 and Dubai in 1998. These ventures presented major challenges that ultimately fueled the group’s growth and success. During its second decade, Metra Group experienced solid growth, marked by strategic partnerships with industry giants like Acer, Dell, HP, IBM, and Intel. These collaborations propelled the company’s expansion into Qatar, Bahrain, Jordan, Kuwait, and Iraq. As Metra Group entered its third decade of operation, it forged alliances with additional technology providers, including Cisco, Oracle, and Dell. This further enhanced the company’s presence across the region. With the fifth decade underway, Metra Group continues its steady progress and expansion.

About TechBridge: tech-bridge.biz (https://tech-bridge.biz) – TechBridge is the World’s leading Product & Solutions Company. Its market-leading AIOps solutions enable customers to quickly capitalize on growing market segments and introduce differentiating products, applications, and services. We are experts and leaders in Government Solutions, Smart City Solutions, Data Centerer, and Large Enterprises. TechBridge is Pink Verify ITILv3, ISO 9001, ISO 27001, ISO 20000, ISO 15048-1, CMMi Level3 Certified. With the presence across EMEA to ASEAN region, TechBridge is on the mission to Focus on Customers, Delivering Intelligent and Secured Digital World, enabling Productive and Sustainable lives, with a vision to become a global leader in Technology Enablement. Revolutionizing & innovating the way organizations operate and protect their digital assets.

Media contact – Mr. Maan Al Saleh, VP & Sales & Business Development, +971504535833

Photo – https://mma.prnewswire.com/media/2339950/Aquila_Clouds.jpg

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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4 mins ago

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

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4 mins ago

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September 20, 2024

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VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kucoins-alicia-kao-shares-insights-on-how-ai-is-accelerating-mass-crypto-adoption-at-token2049-singapore-302253908.html

SOURCE KuCoin

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PayPal Ventures Reinforces Support of Chaos Labs with Additional Investment

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4 mins ago

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September 20, 2024

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-ventures-reinforces-support-of-chaos-labs-with-additional-investment-302253911.html

SOURCE Chaos Labs, Inc.

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