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January 17, 2019
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Enterprise

Nvidia’s T4 GPUs are now available in beta on Google Cloud

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Google Cloud today announced that Nvidia’s Turing-based Tesla T4 data center GPUs are now available in beta in its data centers in Brazil, India, Netherlands, Singapore, Tokyo and the United States. Google first announced a private test of these cards in November, but that was a very limited alpha test. All developers can now take these new T4 GPUs for a spin through Google’s Compute Engine service.

The T4, which essentially uses the same processor architecture as Nvidia’s RTX cards for consumers, slots in between the existing Nvidia V100 and P4 GPUs on the Google Cloud Platform . While the V100 is optimized for machine learning, though, the T4 (as its P4 predecessor) is more of a general purpose GPU that also turns out to be great for training models and inferencing.

In terms of machine and deep learning performance, the 16GB T4 is significantly slower than the V100, though if you are mostly running inference on the cards, you may actually see a speed boost. Unsurprisingly, using the T4 is also cheaper than the V100, starting at $0.95 per hour compared to $2.48 per hour for the V100, with another discount for using preemptible VMs and Google’s usual sustained use discounts.

Google says that the card’s 16GB memory should easily handle large machine learning models and the ability to run multiple smaller models at the same time. The standard PCI Express 3.0 card also comes with support for Nvidia’s Tensor Cores to accelerate deep learning and Nvidia’s new RTX ray-tracing cores. Performance tops out at 260 TOPS and developers can connect up to four T4 GPUs to a virtual machine.

It’s worth stressing that this is also the first GPU in the Google Cloud lineup that supports Nvidia’s ray-tracing technology. There isn’t a lot of software on the market yet that actually makes use of this technique, which allows you to render more lifelike images in real time, but if you need a virtual workstation with a powerful next-generation graphics card, that’s now an option.

With today’s beta launch of the T4, Google Cloud now offers quite a variety of Nvidia GPUs, including the K80, P4, P100 and V100, all at different price points and with different performance characteristics.

News Source = techcrunch.com

Smartsheet acquires Slope to help creatives collaborate

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Smartsheet, the project management and collaboration tool that went public last April, announced the acquisition of Seattle-based TernPro, Inc., makers of Slope, a collaboration tool designed for sharing creative assets.

The companies did not share the acquisition price.

Bringing Slope into the fold will enable Smartsheet users to share assets like video and photos natively inside the application, and also brings the ability to annotate, comment or approve these assets. Smartsheet sees this native integration through a broad enterprise lens. It might be HR sharing training videos, marketing sharing product photos or construction company employees inspecting a site and sharing photos of a code violation, complete with annotations to point out the problem.

Alan Lepofsky, an analyst at Constellation Research, who specializes in collaboration tools in the enterprise sees this as a significant enhancement to the product. “Smartsheet’s focus is on being more than just project management, but instead helping coordinate end-to-end business processes. Slope is going to allow content to become more of a native part of those processes, rather than people having to switch context to another tool,” he explained.

That last point is particularly important as today’s collaboration tools, whether Slack or Microsoft Teams or any other similar tool, have been working hard to provide that kind of integration to keep people focused on the task at hand without having to switch applications.

Mike Gotta, a long-time analyst at Gartner, says collaboration that happens within the flow of work can help make employees more productive, but being able to build specific use cases is even more critical. “The collaboration space remains open for innovation and new ways to addressing old challenges. For organizations though, the trick is how to create a collaboration portfolio that balances broad-based foundational investments with the more domain-specific or situational scenarios they might have where this type of use-case driven collaboration can make more sense,” Gotta told TechCrunch.

That is precisely what Smartsheet is trying to achieve with this purchase, giving them the ability to incorporate workflows involving creative assets, whether that’s including all of the documents required to onboard a new employee or a training workflow that includes learning objectives, lesson plans, photos, videos and so forth.

Smartsheet, which launched in 2005, raised over $113 million before going public last April. The company’s stock price has held up, gaining ground in a volatile stock market. It sits above its launch price of $19.50, closing at $25.24 yesterday.

Slope was founded in 2014 and has raised $1.4 million, according to Crunchbase data. Customers include Microsoft, CBS Sports and the Oakland Athletics baseball team. The company’s employees, including co-founders Dan Bloom and Brian Boschè have already joined SmartSheet.

News Source = techcrunch.com

Daily Crunch: How the government shutdown is damaging cybersecurity and future IPOs

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The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here:

1. How Trump’s government shutdown is harming cyber and national security
The government has been shut down for nearly three weeks, and there’s no end in sight. While most of the core government departments — State, Treasury, Justice and Defense — are still operational, others like Homeland Security, which takes the bulk of the government’s cybersecurity responsibilities, are suffering the most.

2. With SEC workers offline, the government shutdown could screw IPO-ready companies
The SEC has been shut down since December 27 and only has 285 of its 4,436 employees on the clock for emergency situations. While tech’s most buzz-worthy unicorns like Uber and Lyft won’t suffer too much from the shutdown, smaller businesses, particularly those in need of an infusion of capital to continue operating, will bear the brunt of any IPO delays.

3. The state of seed 

In 2018, seed activity as a percentage of all deals shrank from 31 percent to 25 percent — a decade low — while the share and size of late-stage deals swelled to record highs.

4. Banking startup N26 raises $300 million at $2.7 billion valuation

N26 is building a retail bank from scratch. The company prides itself on the speed and simplicity of setting up an account and managing assets. In the past year, N26’s valuation has exploded as its user base has tripled, with nearly a third of customers paying for a premium account.

5. E-scooter startup Bird is raising another $300M 

Bird is reportedly nearing a deal to extend its Series C round with a $300 million infusion led by Fidelity. The funding, however, comes at a time when scooter companies are losing steam and struggling to prove that its product is the clear solution to last-mile transportation.

6. AWS gives open source the middle finger 

It’s no secret that AWS has long been accused of taking the best open-source projects and re-using and re-branding them without always giving back to those communities.

7. The Galaxy S10 is coming on February 20 

Looks like Samsung is giving Mobile World Congress the cold shoulder and has decided to announce its latest flagship phone a week earlier in San Francisco.

News Source = techcrunch.com

OneLogin snares $100M investment to expand identity solution into new markets

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OneLogin is not a young startup by any means. The identity access management company was founded in 2009 and has watched while companies like Ping Identity, Duo Security and Okta had tidy exits. But as CEOs are fond of pointing out, the total addressable market is large and where investors see a chance, they take it. Today, the company announced a $100 million investment.

The latest round was led by new investors Greenspring Associates and Silver Lake Waterman, the late-stage investing arm of Silver Lake. Existing investors CRV and Scale Venture Partners also contributed to the round. Today’s investment brings the total raised since inception to over $170 million, according to the company.

It is referring to this as a “growth round,” but indicated that actually means Series D plus “flexible capital.” Whatever you call it, it would appear to give OneLogin some runway to grow large enough to find a way to exit.

CEO Brad Brooks says his company is well-positioned to compete with the likes of Okta and Microsoft in this market by offering a multi-faceted authentication solution that works both on-prem and in the cloud. He swept aside question of revenue, valuation or IPO plans, only indicating that the company was growing and they had big expansion plans.

Photo: OneLogin

That would include building on its success in Europe, while expanding to Asia and creating more specific solutions in the US such as focusing on FedRamp federal government compliance. The company currently has more than 260 employees, and with the new money Brooks wants to put the pedal to the metal.

He plans to double that number in the next 18 months, as he fuels that expansion plan, bringing in new engineers along with sales, marketing and support. He wouldn’t rule out acquisitions to expand the company’s capabilities, but said his preference is building in-house over buying. He believes that building provides an internal goal of innovation and offers the kind of challenges that attract engineering talent.

Brooks came on board in 2017, replacing co-founder Thomas Pedersen, who moved into the role of Chairman of the Board and Chief Technology Officer. Its most recent round prior to today was a $22.5 million Series C last June.

News Source = techcrunch.com

New Synergy Research report finds enterprise data center market is strong for now

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Conventional wisdom would suggest that in 2019, the public cloud dominates and enterprise data centers are becoming an anachronism of a bygone era, but new data from Synergy Research finds that the enterprise data center market had a growth spurt last year.

In fact, Synergy reported that overall spending in enterprise infrastructure, which includes elements like servers, switches and routers and network security; grew 13 percent last year and represents a $125 billion business — not too shabby for a market that is supposedly on its deathbed.

Overall these numbers showed that market is still growing, although certainly not nearly as fast the public cloud. Synergy was kind enough to provide a separate report on the cloud market, which grew 32 percent last year to $250 billion annually.

As Synergy analyst John Dinsdale, pointed out, the private data center is not the only buyer here. A good percentage of sales is likely going to the public cloud, who are building data centers at a rapid rate these days. “In terms of applications and levels of usage, I’d characterize it more like there being a ton of growth in the overall market, but cloud is sucking up most of the growth, while enterprise or on-prem is relatively flat,” Dinsdale told TechCrunch.

 

 

Perhaps the surprising data nugget in the report is that Cisco remains the dominant vendor in this market with 23 percent share over the last four quarters. This, even as it tries to pivot to being more of a software and services vendor, spending billions on companies such as AppDynamics, Jasper Technologies and Duo Security in recent years. Yet data still shows that it still dominating in the traditional hardware sector.

Cisco remains the top vendor in the category in spite of losing a couple of percentage points in marketshare over the last year, primarily due to the fact they don’t do great in the server part of the market, which happens to be the biggest overall slice. The next vendor, HPE, is far back at just 11 percent across the six segments.

While these numbers show that companies are continuing to invest in new hardware, the growth is probably not sustainable long term. At AWS Re:invent in November, AWS president Andy Jassy pointed out that a vast majority of data remains in private data centers, but that we can expect that to begin to move more briskly to the public cloud over the next five years. And web scale companies like Amazon often don’t buy hardware off the shelf, opting to develop custom tools they can understand and configure at a highly granular level.

Jassy said that outside the US, companies are one to three years behind this trend, depending on the market, so the shift is still going on, as the much bigger growth in the public cloud numbers indicates.

News Source = techcrunch.com

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