Latest news with #CloudServices
Tahawul Tech
2 hours ago
- Tahawul Tech
global service outage Archives
The outage began around 1:50 p.m. ET on 12/6/2025 and there were 14,729 reports of Google Cloud being down in the U.S.
Tahawul Tech
2 days ago
- Business
- Tahawul Tech
Nokia drives cloud-native, AI-driven, secure networks for hyperconnected world
Vishal Singh shares powerful insights on driving autonomous networks, securing AI-powered cloud infrastructure, and accelerating digital transformation across global telcos. Dubai — Nokia is pioneering the next phase of network evolution — from AI-driven cybersecurity to cloud-native flexibility — and why emerging markets hold immense potential for 5G-powered transformation. Vishal Singh, Senior Vice-President and Head of Global Business for Cloud and Network Services at Nokia, drives a €3 billion global portfolio that is helping service providers and enterprises transition to cloud-native technologies, adopt as-a-service models, and build secure, intelligent networks. With his blend of technical depth and strategic foresight, Singh offers a front-row perspective on the future of telco AI and software in an exclusive interview with Sandhya D'Mello, Technology Editor, CPI Media Group. Interview Excerpts: How do you see the UAE evolving as a digital-first nation? The UAE boasts the best networks in the region and consistently ranks high in benchmarks. The nation is heavily investing in AI, data centers, and partnerships with hyperscalers. The leadership in the UAE is visionary and proactive in embracing digital transformation, which serves as a model for the wider region. Having lived in Singapore for 20 years, I see many parallels in how the UAE is creating a hyper-digital infrastructure across sectors like airlines, banking, retail, and tourism, making it an emerging economic powerhouse. Can you explain Nokia's journey and leadership in the autonomous network space? Autonomous networks as a concept are not new to us. We have long been managing the full lifecycle of services — from creation to delivery, deployment, fulfillment, and assurance. With the advent of 5G SA, cloudification, AI, and generative AI, the promise of autonomous networks is now being realised. Our portfolio and prior investments position us ahead of the curve. We're already delivering results — for instance, stc and Nokia were recognised at FutureNet MENA for developing Autonomous Network Operations that has large-scale automation and intelligent operations. Other global operators like Bharti in India are also on this journey with us, leveraging our technology across various stages of TM Forum's Autonomous Networks framework. Can you elaborate on Nokia's cloud strategy and how deploying software across any cloud is enabling telcos and enterprises? Our core strategy is to focus on applications, not cloud infrastructure. We've consciously moved away from building our cloud stack and instead partner with players like Red Hat, AWS, Microsoft, and Google. Our applications are designed to run on any cloud — public, private, or hybrid. For example, in Telefónica Germany, our packet core runs on AWS, with signaling and policy on Google Cloud. Similarly, Dish Networks in the US leverage our solutions on AWS and Rogers in Canada are conducting trials. 'The flexibility of multi-cloud deployment is critical as the industry moves from virtualisation to true cloud-native models using Kubernetes and advanced automation.' What are the key cybersecurity focus areas for AI-driven, cloud-native networks? We've been in the security space for a long time, particularly in securing critical telecom infrastructure. One key area is identity and privileged access management for cloud infrastructure. Additionally, we focus on endpoint detection, network security, extended detection and response (XDR), certificate lifecycle management, and compliance. As cloudification and AI adoption grow, the attack surface expands. Our goal is to help customers build networks that are secure by design — not as an afterthought — through collaboration with ecosystem partners, customers, and system integrators. How is Nokia supporting digital transformation in emerging markets? Industries such as manufacturing, mining, transportation, and logistics often operate on legacy infrastructure. We address this through: · Campus Networks: For secure and reliable on-prem connectivity. · Wide-Area Networks: For sectors like public safety, railways, defense, and utilities that require broader, mission-critical connectivity. We're driving 5G adoption aggressively in these sectors. In the region, for example, we're working with the likes of e& and du in the UAE as well as with stc in Saudi Arabia to build private networks and even mission-critical networks for public enterprises. Security remains a core pillar — we emphasise building networks that are secure by design. How is data analytics shaping strategic decisions within Nokia's Cloud and Network Services? Telcos possess vast amounts of data, but historically, they haven't fully leveraged it. OTT players have monetised it more effectively. We are now helping telcos harmonise data across the network to create actionable insights. This is critical for training large language models (LLMs) and driving use cases like churn reduction, anomaly detection, customer experience optimisation, and marketing. Our focus is on creating 'data products' that make telco data ready for AI consumption, which in turn supports the vision of autonomous networks, because without intelligence and insights, automation isn't possible.
Yahoo
17-05-2025
- Business
- Yahoo
Bit Digital Inc (BTBT) Q1 2025 Earnings Call Highlights: Navigating Revenue Challenges with ...
Total Revenue: $25.1 million, a 17% decrease year over year. Bitcoin Mining Revenue: $7.8 million, down 64% year over year and 26% sequentially. Cloud Services Revenue: $14.8 million, up 84% year over year and 14% sequentially. Co-location Revenue: $1.6 million, up from $1.4 million in the previous quarter. Gross Margin: 49%, compared to 47% in the same quarter last year. Cloud Services Gross Margin: 59%, up from 52% last quarter. Co-location Services Gross Margin: 67%. Adjusted EBITDA: Negative $44.5 million, compared to positive $58.5 million in the first quarter of 2024. Net Loss Per Share: $0.32 on a fully diluted basis. Cash and Cash Equivalents: $57.6 million as of March 31. Digital Assets Market Value: Approximately $80 million as of March 31. Total Assets: $485 million. Shareholders' Equity: $417 million. CapEx: $65 million for the quarter. Warning! GuruFocus has detected 5 Warning Signs with BTBT. Release Date: May 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Cloud services revenue increased by 84% year over year and 14% sequentially, reaching $14.8 million. Mining operations remained gross margin positive, with margins expanding approximately 500 basis points sequentially to 21%. The company is actively engaged in several large contract discussions, each with an annualized revenue potential above $100 million. Bit Digital Inc (NASDAQ:BTBT) is investing in proprietary software development to enhance platform capabilities, including the launch of an API layer for external provisioning. The company remains debt-free, with a strong liquidity position of approximately $141 million, including digital assets and USDC. First quarter 2025 revenue from the mining segment decreased 64% year over year and 26% sequentially. Bitcoin mining production declined 80% year over year to 83 Bitcoins for the quarter. Total revenue for the quarter was $25.1 million, a 17% decrease compared to the same quarter last year. Adjusted EBITDA was negative $44.5 million, primarily due to a $49.2 million mark-to-market loss on digital asset holdings. The company raised approximately $48 million through the ATM program post-quarter end, which may raise concerns about equity dilution. Q: Can you provide an update on the white fi rebranding and any new platform initiatives? A: The rebranding has been well received, with positive feedback on the new website. We are working on platform initiatives, including first-to-market technology, with announcements expected in the coming weeks. We are also developing cross-data center workloads, which we believe will be revolutionary. Q: How do you see demand from hyperscalers and enterprise users evolving over the next 6 months? A: We are seeing strong demand from both hyperscalers and medium-sized neo-clouds for capacity expected to come online later this year. We anticipate providing updates in the next few months. Q: Can you explain the delay for customer one from June 30 to August 20 and the options for using GPUs? A: The customer exercised their option to delay due to internal product development schedule changes. We have the cluster ready and are negotiating multi-year contracts with other parties. The GPUs are generating revenue through on-demand platforms. Q: How should we think about your expansion in the US versus Canada, and what are the expectations for the North Carolina site? A: We are evaluating over 500 megawatts of potential capacity across Canada and the US. The North Carolina site is subject to closing conditions, and we will provide updates once finalized. Our focus is on retrofits to reduce costs and timelines. Q: How do you weigh raising equity versus liquidating investments, and what is your financing strategy? A: The ATM filing is a mechanical renewal for flexibility. We balance equity raising with selling digital assets to fund growth responsibly. We are excited about announcing mortgage financing to fund data center growth, preferring cheap financing sources over the ATM. Q: What levers can change the gross margin profile of your cloud and colo business, and what is your GPU procurement strategy? A: Increasing revenue will naturally drive gross margins up. We aim for long-term contracts for predictability. Our GPU procurement strategy aligns with contracted demand to minimize speculative risk, focusing on advanced technologies attractive to end users. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
