Switch to deploy Tesla Megapack energy storage systems

Switch, which operates hyper-scale co-location data centers in Las Vegas, Reno, and Grand Rapids (Michigan), will use thousands of solar panels made by First Solar and energy storage systems made be Tesla as part of its Gigawatt Nevada solar energy and battery vision. The project is one of the largest solar footprint and battery storage projects in the technology industry. “With today’s announcement Rob Roy’s Gigawatt Nevada now has four solar with...

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Amdocs to acquire Openet for Digital BSS

Amdocs agreed to acquire Openet, a provider of 5G charging, policy and cloud technologies, in a deal valued at US$180 million. Openet is a privately-owned company headquartered in Ireland, with offices in the US, Malaysia and Brazil and a global customer base. “We are delighted the innovative Openet team is joining Amdocs. They bring world-class cloud-native capabilities, network pedigree, and deep 5G charging, policy and data management expertise,”...

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Verizon's Q2 revenue dips 5% to $30.4 billion due to COVID

Citing significant declines in wireless equipment revenue in its consumer and business segments, Verizon reported total consolidated operating revenues in second-quarter 2020 of $30.4 billion, down 5.1 percent from second-quarter 2019. The decline was attributed to stores being closed due to the COVID-19 pandemic. The company delivered $1.13 in earnings per share (EPS), compared with $0.95 in 2Q 2019; adjusted EPS (non-GAAP), excluding special items,...

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Box turns to Google Cloud for global data storage

Box has formed a strategic partnership with Google under which it is significantly expanding its usage of Google Cloud to enhance its core infrastructure. As part of this extended partnership, Box will leverage Google Cloud as a key provider for data storage across the globe. The companies are also building on their advanced machine-learning integrations to deliver Google Cloud’s Document AI as part of the Box Skills Kit to improve intelligent data...

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Dell'Oro: Worldwide data center CAPEX continues to grow

Data center capex, which includes capex for servers and other data center infrastructure equipment, is forecasted to grow at a 6% CAGR to just over $200 B over the next five years, according to Dell'Oro Group. Growth is forecasted to be mixed depending on the customer segment. The Cloud, which already accounts for more than 60% of the worldwide data center capex, will continue to gain momentum over Enterprise/On-premise data center deployments. Edge...

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BT team with Ericsson for UK’s First Live 5G Private Network

BT is working with the Worcestershire 5G Testbed (W5G) as its lead technology partner to accelerate its vision of smart manufacturing. BT is to run and manage the live 5G Private Network, which uses Ericsson equipment, for Worcester Bosch factory and Malvern Hills Science Park. The project is described as the UK’s first live 5G factory installation. Gerry McQuade, CEO of BT’s Enterprise business, said: “Working with W5G and Worcester Bosch, we’re...

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Qualcomm adds the Chairman of Schneider Electric to Board

Qualcomm appointed Jean-Pascal Tricoire, Chief Executive Officer, Schneider Electric SE, to the Board, effective immediately.  Tricoire has led Schneider Electric SE as CEO since 2006 and was named Chairman & CEO in 2013. He joined the Company in 1986 and has held global operational and leadership roles throughout his tenure. Tricoire is Vice President of the France-China Committee and Director of the Board of the United Nations Global...

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