Pegasystems Inc
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Information Technology : Software | Mid Cap Growth
Company profile

Pegasystems Inc. develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The Company also offers software applications built on the Pega platform. Its software is designed to assist clients in building, deploying and evolving enterprise applications. Its applications and platform intersect with and encompass several traditional software markets, including Customer Relationship Management (CRM); Business Process Management (BPM); Business Rules Management Systems (BRMS); Dynamic Case Management (DCM); Decision Management, which includes Predictive and Adaptive analytics, and the Vertical Specific Software (VSS) market of industry solutions and packaged applications. It provides implementation, consulting, training, technical support and hosting services to facilitate the use of its software. The Company offers real-time speech analytics solution powered by artificial intelligence (AI) for customer service teams.

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Avnet Collaborates with Digital Realty to Develop "Try and Buy" High Performance, Cloud-Based Universal Video Streaming Solutions

10:00 am ET November 9, 2021 (BusinessWire) Print

Leading global technology solutions provider Avnet (Nasdaq: AVT) is teaming up with Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, to equip companies and application providers to develop, launch, scale and/or enhance their video broadcast product offerings. Jointly developed specifically for high performance, cloud-based and secure universal video streaming, the solutions from Digital Realty and Avnet will be one-touch (transaction), cost-effective "try and buy" options. The team's first available solution utilizes a 3rd Gen AMD EPYC-based server integrated with a Xilinx U30 FPGA* accelerator card delivering exceptional performance and flexibility.

A recent study by Deloitte (2021) notes that the average American home has four digital video service subscriptions and the same study found that 39% of Baby Boomers and 29% of Generation X rank on demand video as their preferred entertainment activity. The joint Avnet and Digital Realty video streaming solutions enable support for a wide base of video streaming applications such as: video-based eCommerce, social media-based applications, video collaboration, telemedicine, live sports and events, auctions, gambling and sports betting.

Avnet and Digital Realty's first offering enables customers with high performance video streaming requirements, who might not be able to engineer or afford their own on premise solutions, to access a quality end-to-end solution. In addition, application providers do not have to purchase infrastructure to evaluate how the technology could benefit their offerings, by leveraging the solutions' benchmarking capabilities. It also is available for cable companies, digital content providers, entertainment companies, remote surgery/health care, military and aerospace, and fintech (traders), bringing unprecedented performance, quality and total cost reductions with a convenient way to benchmark and inevitably launch and scale solutions utilizing FPGA technology.

The initial solution offering will provide:

- Complete solution stack from component to application layers - High performance and a drastically lower cost (area and power-per-channel) in the video streaming industry - Ability for large enterprises to test their workload for performance review and benchmarking on the infrastructure before buying to ensure capability

"In close collaboration with Digital Realty and Xilinx, Avnet Integrated is addressing the need to evaluate and select complex hardware and workload solutions for real-time video transport," said Alp Sezen, head of strategy, Avnet Integrated. "Latency-sensitive video content transmission is exploding across vertical markets such as broadcasting, mixed media, telemedicine and fintech. With our technology partners and tools, Avnet Integrated is enabling our customers to more effectively evaluate and deploy solutions globally."

Avnet Integrated globally offers comprehensive systems integration, business and service solutions in collaboration with the industry's premier, server centric, platform and ingredient suppliers. Digital Realty brings solutions for high performance compute and low-latency requirements, access to multiple clouds across a global footprint with access to 290+ facilities in 47 metro areas, across 24 countries on six continents to the solution.

"Digital Realty is actively supporting the industry's shift to a data-centric architecture and is evolving its interconnection capabilities with an updated roadmap for PlatformDIGITAL(R), a first of its kind global data center platform for scaling digital businesses. As we further enhance our partnership with Avnet Integrated, we are enabling enterprises to dramatically accelerate their AI innovation timescales with Xilinx U30 AI-ready data centers," says Tony Bishop, SVP, Platform, Growth and Marketing at Digital Realty.

"Avnet is excited to demonstrate and deploy the high-performance and cost-effective digital streaming solutions made possible by our exclusive, longstanding partnership with Xilinx along with Digital Realty's cutting-edge global data center platform," said Scott Tippin, director of Supplier Development at Avnet.

For more information on this solution visit https://www.avnet.com/wps/portal/integrated/solutions/datacenter-solutions/digital-realty/.

* An FPGA is a field-programmable gate array that is a programmable device that uses prebuilt logic blocks and programmable routing resources. Systems utilizing FPGAs can be easily reprogrammed and upgraded to meet new system requirements which reduces the cost of long-term maintenance. The Xilinx U30 FPGA accelerator card provides lower cost, single slot, lower power (25W), low-profile and higher density so it uses less real estate & energy.

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Connect with Avnet on LinkedIn: https://www.linkedin.com/showcase/avnet-integrated/

All brands and trade names are trademarks or registered trademarks and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.

About Avnet Integrated

Avnet Integrated is the integration arm of Avnet Inc. and globally offers comprehensive systems integration, business and service solutions. Collaborating with the industry's premier platform suppliers, Avnet Integrated helps customers optimize capital, accelerate sales and deliver on their brand experience, ultimately accelerating revenue and margin growth.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers' evolving needs for an entire century. We support customers at each stage of a product's lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211109005514/en/

SOURCE: Avnet

Jeanne Forbis
Avnet
jeanne.forbis@avnet.com 
480-643-7499

Alex Jafarzadeh
Brodeur Partners, for Avnet
ajafarzadeh@brodeur.com 
617-587-2846
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