Sunday, August 7, 2022

Video: Standardizing SD-WAN and (soon) SASE

SD-WAN evolved independently with a number of big players and, as a result, all of their solutions are different, notes Dave Larson, GM and CTO of Spirent.

SASE, as an extension of SD-WAN, brings a new set of monetization possibilities.

MEF is about using standards and APIs to level of playing field.

Dell'Oro: Data center physical infrastructure market on 8% CAGR

Data center physical infrastructure (DCPI) revenues are forecast to grow at an 8 percent compound annual growth rate (CAGR) from 2021 to 2026 to above $31 billion, according to a new study from Dell'Oro Group. Growth is forecast to remain resilient, driven by sustainability-minded data center expansion from cloud and colocation service providers, despite near-term supply chain constraints persisting and macroeconomic headwinds forming.

“Demand for data center physical infrastructure remains resilient, despite the developing macroeconomic uncertainties,” said Lucas Beran, Principal Analyst at Dell’Oro Group. “Most importantly, data center sustainability has risen to the top of decision making criteria in the industry, opening the door for significant technology transitions during this forecast period.  The most exciting is the acceleration of data center liquid cooling, as both direct liquid cooling (DLC) and immersion cooling (single-phase and two-phase) are forecast to grow significantly and surpass $1 billion in market revenue by 2026,” added Beran.

Additional highlights from the Data Center Physical Infrastructure 5-Year July 2022 Report:

  • DCPI revenue growth is forecast to slow to 6 percent in 2023, driven by continued cloud and colocation service provider growth and marginal enterprise growth.
  • China is forecast to grow at the fastest CAGR during the forecast period, followed by APAC (Excluding China) and EMEA.
  • Data Center Thermal Management is forecast to grow the fastest rate of any market segment during the forecast period, surpassing $6 B in vendor revenues in 2026.
  • The Service Providers (Top 10 Cloud, Rest-of-Cloud, Colocation, and Telco) customer segment is forecast to grow at a double-digit CAGR during the forecast period, while the Enterprise customer segment (Large Enterprise, Rest-of-Enterprise) is forecast to grow at a much lower rate.

Western Digital sees growth in HDDs for cloud players

Western Digital reported revenue of $4.53 billion for the fourth quarter of its fiscal 2022, down 8% year-over-year (YoY). Fourth quarter GAAP earnings per share (EPS) was $0.95 and Non-GAAP EPS was $1.78. 

Fiscal year 2022 revenue was $18.79 billion, up 11% YoY. Fiscal year 2022 GAAP EPS was $4.75 and non-GAAP EPS was $8.22.

For Q4:

  • Cloud revenue increased 5%. Cloud represented 46% of total revenue. Within Cloud, the continued ramp of 18-terabyte and 20-terabyte drives drove a 7% year-over-year increase in nearline HDD revenue. In Flash, enterprise SSD revenue more than doubled sequentially and was up 38% year-over-year. There was strong demand from  cloud customers for the latest generation energy assisted drives driving a near record nearline shipment of 111 exabytes.
  • Client revenue declined 14%. Client represented 36% of total revenue. On both a sequential and year-over-year basis, client HDD led the revenue decline while Flash was roughly flat.
  • Consumer revenue declined 23% YoY. Consumer represented 18% of revenue. On a sequential basis, the revenue decline was primarily due to lower retail HDD shipments. The year-over-year decrease was due to broad-based decline in retail products across HDD and Flash.

"I am proud of our team for driving strong fiscal year 2022 performance, during which revenue grew 11% and non-GAAP EPS increased 81%, demonstrating progress in unlocking the earnings potential of our business,” said David Goeckeler, Western Digital CEO. “In addition to strong financial performance, fiscal year 2022 was a hallmark year for Western Digital from an innovation, product development and execution perspective. The combination of our innovation engine and the multiple channels to deliver our products to the market puts Western Digital in a great position to capitalize on the large and growing opportunities in storage ahead even in the midst of macro dynamics weighing on near-term demand.”

D-Wave completes SPAC IPO

D-Wave, which offers quantum computing systems, software and services, was acquired by DPCM Capital, Inc., a special purpupose acquisition company. 

Pursuant to the deal, D-Wave Quantum Inc. became the parent company of DPCM Capital and D-Wave, and its shares of common stock and warrants are expected to commence trading, on Monday, August 8, 2022 on the New York Stock Exchange under the ticker symbols “QBTS” and “QBTS WS,” respectively.

From its inception more than 20 years ago, D-Wave has focused on delivering quantum computing products and services that provide the fastest path to practical, real-world applications with customer value,” said Alan Baratz, CEO, D-Wave Quantum. “Today marks a significant milestone in our journey, as we embark on our next phase as a publicly-traded company. Through this Business Combination, we are well-positioned to accelerate our growth strategy, using capital raised through the Business Combination along with our new access to the public markets to advance the production of our quantum computing solutions and continue to unlock the power of quantum computing to benefit business and society. The era of commercial quantum computing is here.”

D-Wave's end-to-end quantum solution encompasses hardware, software, real-time quantum cloud service, developer tools and powerful quantum hybrid solvers. The company has brought to market five generations of quantum computers to date and, in June 2022, launched an experimental prototype of its sixth-generation machine, Advantage2. D-Wave also holds a broad portfolio of 200+ patents applicable to both annealing and gate-based quantum computing.

D-Wave’s commercial customers include nearly two dozen Forbes Global 2000 companies and industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO, and Lockheed Martin, which are exploring quantum hybrid applications.

Singtel plows additional US$100 million into its venture arm

Singtel is to invest a further US$100 million into Singtel Innov8, its corporate venture arm, raising its total capital commitment to US$350 million. 

Innov8 invests in start-ups that align with Singtel Group businesses in the areas of 5G, Artificial Intelligence, the digital economy, sustainability, cyber security and emerging technologies. It operates on an evergreen fund model, re-investing returns from portfolio exits into new investments. With the capital injection, Innov8 will further expand its portfolio of investments in Southeast Asia, United States, China, Israel and Australia.

Innov8 has invested in over 95 start-ups since its inception in 2010 and has had over 35 exits. Four of the exits were unicorns – Arista, Ruckus, Jasper, and Shape – start-ups that achieved a valuation in excess of US$1 billion. Innov8’s portfolio also includes a number of companies that have demonstrated scale – BitSight, Carro, Cato, FinAccel, SenseTime, Shopback, and Sygnum amongst others. S

“This capital infusion is meant for identifying and growing innovative start-ups with new technologies and capabilities that are synergistic and in lockstep with Singtel’s strategic reset to drive greater improvements in our core operations, accelerate our new growth engines, and place us at the forefront of new and fast-evolving areas,” said Mr Yuen Kuan Moon, Group Chief Executive Officer of Singtel and Chairman of Singtel Innov8. “As we sharpen our business focus, we will recycle our assets and capital into selected growth areas, reshaping our portfolio to better serve our stakeholders and build momentum for the longer term.”