Friday, August 11, 2017

Cylance reports 283% YoY revenue growth

Cylance, a privately held company that offers AI-powered cyber defense, reported the following metrics:

  • 283 percent growth in overall revenue
  • 119 percent growth in overall bookings
  • 169 percent growth in the number of customers
  • Over 5 million endpoints sold
  • 171 percent growth in deals
  • 100 percent growth in the number of OEM partnerships

Cylance also announced the appointment of Brian Robins as chief financial officer. Robins previously served as chief financial officer at AlienVault. Before that, he served as vice president and chief financial officer of Global Business Services at CSC, a multinational IT and professional services corporation. Earlier in his career, Robins was executive vice president and chief financial officer of Verisign.

http://www.cylance.com

Cylance: AI and Cybersecurity


Stuart McClure, CEO and founder of Cylance, discusses the intersection of artificial intelligence and cybersecurity. Cylance, which has been selling its AI-based solution for about 2 years, has grown to over 700 employees and about 3,000 customers with some 3 million endpoints. Filmed at Net Events' Global Press & Analyst Summit in California.   See video: https://youtu.be/27yUlW0lskg http://www.netevents.o...


Sprint clocks 28% improvement in average download speed

Sprint's national average download speeds have improved by 28 percent in seven months, according to Ookla Speedtest Intelligence data cited by the company.

Sprint now ranks #1 for the fastest average download speed in 15 cities, including Atlanta, Denver, Indianapolis, Salt Lake City and Seattle, according to the Ookla data.

Sprint also noted that Verizon and AT&T’s average speeds slowed due to their introduction of unlimited data plans

“We’ve been offering unlimited data for nearly 10 years and we have a long history managing customer demand which is why our speeds are improving while others have slowed,” Dr. John Saw, Sprint CTO. “Sprint also has far more spectrum capacity than any other U.S. carrier and our data performance and speeds continue to improve as we deploy more of our 2.5 GHz spectrum.”

“The extension of our toolbox with new small cell solutions such as Sprint Magic Box, airpoles, strand mounts and other tools, are making a real difference for customers in cities across the country,” said Günther Ottendorfer, Chief Operating Officer, Technology, at Sprint. “These low-cost, easy-to-deploy solutions are a great way to quickly improve data service and add more capacity in an unlimited network where it’s needed.”

Sprint has a number of performance improvements under way, including an expanding portfolio of High Performance User Equipment (HPUE) capable devices that can extend Sprint’s existing 2.5GHz coverage by up to 30 percent bringing faster data speeds to customers in more locations, including indoors. Sprint is also preparing for four-channel carrier aggregation, higher order and Massive MIMO, 256 QAM, and Gigabit Class LTE.

http://newsroom.sprint.com/sprint-lte-plus-data-speeds-up-28-in-seven-months.htm


NVIDIA Cits Growth in Data center, Auto

NVIDIA reported record revenue for its second quarter ended July 30, 2017, of $2.23 billion, up 56 percent from $1.43 billion a year earlier, and up 15 percent from $1.94 billion in the previous quarter. GAAP EPS was $0.92, up 124 percent from a year ago.
"Adoption of NVIDIA GPU computing is accelerating, driving growth across our businesses," said Jensen Huang, founder and chief executive officer of NVIDIA. "Datacenter revenue increased more than two and a half times. A growing number of car and robot-taxi companies are choosing our DRIVE PX self-driving computing platform. And in Gaming, increasingly the world's most popular form of entertainment, we power the fastest growing platforms - GeForce and Nintendo Switch.

"Nearly every industry and company is awakening to the power of AI. Our new Volta GPU, the most complex processor ever built, delivers a 100-fold speedup for deep learning beyond our best GPU of four years ago. This quarter, we shipped Volta in volume to leading AI customers. This is the era of AI, and the NVIDIA GPU has become its brain. We have incredible opportunities ahead of us," he said.

http://investor.nvidia.com/results.cfm


NVIDIA Debuts Latest Quadro Pascal GPUs


NVIDIA introduced its latest line-up of Quadro GPUs products, all based on its Pascal architecture and designed for professional workflows in engineering, deep learning, VR, and many vertical applications. "Professional workflows are now infused with artificial intelligence, virtual reality and photorealism, creating new challenges for our most demanding users," said Bob Pette, vice president of Professional Visualization at NVIDIA. "Our new Quadro...





NVIDIA Advances its Pascal-based GPUs for AI


NVIDIA is expanding its Pascal™ architecture-based deep learning platform with the introduction of new Tesla P4 and P40 GPU accelerators and new software. The solution is aimed at accelerating inferencing production workloads for artificial intelligence services, such as voice-activated assistance, email spam filters, and movie and product recommendation engines. NVIDIA said its GPU are better at these tasks than current CPU-based technology, which...


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