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Network World Data Center News Feed

The Network World Data Center news feed is updated most days, generally with less than five new stories. Some days there are no new stories. Frequently mixed with other network news feeds.

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Last 3 items

Cisco software upgrades to simplify hybrid-cloud management, operations

Published on 28th October, 2020, 10:03 PM

Cisco has upgraded some of its core software packages to help customers manage, control and automate functions in hybrid and multicloud data-center environments.

With the needs of the pandemic-driven, highly distributed workforce as a backdrop, Cisco is looking to provide visibility and insights into what’s happening across customers’ cloud infrastructure. At the same time it's busting the siloed IT operations many customers have that hold back agile digital-application development, said Prashanth Shenoy, Cisco vice president of marketing. “Businesses are rethinking their IT platforms for multicloud operations, and we are providing the tools to  help them transform faster with insights and automation,” Shenoy said.

To read this article in full, please click here

Goldman Sachs to invest $500 million in data center development platform

Published on 28th October, 2020, 9:30 AM

The data center industry continues to grow. Amazon, Google, Equinix, Digital Reality Trust, and numerous other providers can't build their data centers fast enough, spurring investments in startups and a hefty amount of M&A activity. The sector was hot before the COVID-19 pandemic, and the crisis has only increased interest as companies accelerate their migrations to the cloud.

Goldman Sachs is the latest to make a big play in the data center market. The firm's Merchant Banking Division is partnering with a management team led by Digital Reality co-founder and former chief investment officer Scott Peterson to form a new company, Global Compute Infrastructure LP.

To read this article in full, please click here

Low demand and high production create a bargain for SSD drives

Published on 26th October, 2020, 2:06 PM

Analysts had expected 2020 to be a year of rising NAND flash prices after a supply glut in 2019. The reasoning, backed by years of repeating patterns, was that after an oversupply, vendors like SK Hynix and Micron would slow production to drive prices up.

Cue COVID-19 and the ensuing chaos.

TrendForce, a market research firm that follows the memory market, said there has been a general decline in contract prices starting last quarter due to oversupply. This oversupply situation is attributed to the accumulation of inventory caused by the economic fallout from the COVID-19 pandemic.

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