Latest news with #GarimaKapoor
Cision Canada
29-05-2025
- Business
- Cision Canada
MinIO AIStor Sets New Standard for AI and Data-Intensive Workloads with Industry-First AWS S3 Express API Support
Enterprise object storage with built-in replication brings S3 Express API performance to the entire data lakehouse, at no extra cost REDWOOD CITY, Calif., May 29, 2025 /CNW/ -- MinIO, the leader in high-performance object storage for the exabyte AI era, today announced AIStor support for Amazon's S3 Express API, a streamlined version of the general-purpose S3 API designed to deliver maximum performance for AI and data-intensive analytics workloads. MinIO AIStor is the first and only AI data storage platform to adopt Amazon's S3 Express API and enable organizations to put all of their analytical and AI data, not just a subset, in "express mode" at no extra cost. Introduced by AWS in 2023 and delivered via the Amazon S3 Express One Zone storage class, the Amazon S3 Express API has defined a new industry standard for high performance and developer-friendly AI and analytics storage, delivering 10x faster performance compared to the S3 Standard storage class. But, in AWS, the enhanced performance of AWS S3 Express One Zone comes at over five times the cost of S3 Standard to store data and doesn't come with data protection and replication capabilities. Consequently, to use it safely, customers must save a durable copy of their data in S3 standard and copy data that requires high speed access into S3 Express One Zone. With this release, MinIO is democratizing access to and use of this powerful API for all data processing needs by coupling its dramatic performance advantages with full active/passive, disaster recovery (DR), and batch replication support, all at no extra cost. Enterprises can continue leveraging the general purpose S3 API for raw source data requiring versioning and immutability before any processing, but can now leverage the high performance S3 Express API for all other downstream workloads and derived data sets, especially, but not limited to, high intensity data processing. This includes the majority of data lakehouse analytics with Apache Spark and Iceberg, AI data pre-processing, and AI model training and inference. "Until now, use of S3 Express has typically been reserved for data that requires high speed access at the expense of enterprise features like replication and lifecycle management, due to its cost premium over S3 Standard," said Garima Kapoor, co-founder and co-CEO, MinIO. "We're changing that because we believe it can and should become the standard API for all analytical data and AI workloads. With the AIStor S3 Express API, pricing remains the same so enterprises can now put all of their analytical and AI data, not just a subset, in 'express mode.' This is drawing tremendous excitement from customers." "In most lakehouse environments, versioning is already handled by table formats like Apache Iceberg, which provide atomic operations at the file or table level," said Sanjeev Mohan, principal analyst at SanjMo. "But when versioning is also enabled at the storage layer, it can create unnecessary duplication and complexity. Removing it from the storage layer simplifies the backend architecture, lowers CPU usage on storage servers, and helps prevent accidental storage growth and rising costs." AIStor's S3 Express API support comes at no extra cost, without any request charges for GETs, PUTs and LISTs, and with key data protection and replication capabilities so it can be used for all enterprise analytical and AI data. Key features and benefits of the AIStor S3 Express API include: Accelerated PUT and LIST operations: delivers up to 20% faster PUT operations, lowering CPU utilization, and up to 447% faster time-to-first-byte (TTFB) LIST operations relative to AIStor general purpose S3 API. This means faster training, faster analytics, and better infrastructure utilization. New atomic, exclusive append operations: enables direct and safe object modification, eliminating multi-step update workflows. For example, media-broadcasting applications which add new video segments to video files can do so as they are transcoded and immediately streamed to viewers. Full active/passive, disaster recovery (DR), and batch replication support: provides full performance benefits of the S3 Express API without loss of business continuity and disaster recovery (BC/DR). Synchronous replication means no data loss in the event of an outage and asynchronous replication enables data protection across the globe. Streamlined and simplified API behavior: eliminates redundancies and implements simplifications and guardrails to improve the developer experience as well as application resiliency, predictability and security. As the first and only on-premises and private cloud AI storage platform to adopt Amazon's S3 Express API, MinIO is reinforcing its ongoing commitment to providing full and complete S3 API compatibility. To learn more about the AIStor S3 Express API, including the "how" and "why" behind specific features, please visit: To book a demo, please visit About MinIO MinIO is the leader in high-performance object storage for AI. With 2B+ Docker downloads 50k+ stars on GitHub, MinIO is used by more than half of the Fortune 500 to achieve performance at scale at a fraction of the cost compared to the public cloud providers. MinIO AIStor is uniquely designed to meet the flexibility and exascale requirements of AI, empowering organizations to fully capitalize on existing AI investments and address emerging infrastructure challenges while delivering continuous business value. Founded in November 2014 by industry visionaries AB Periasamy and Garima Kapoor, MinIO is the world's fastest growing object store.
Time of India
23-04-2025
- Business
- Time of India
Global tariff uncertainty may impact growth, but India set to weather the storm: Garima Kapoor
US' biggest challenge is likely to be in the near term how the movement on yields is. If the 10-year yield and the yields in US respond far too aggressively, then the financial conditions are likely to tighten very-very sharply. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads "I would still say everything else being equal, notwithstanding the correction in global economy that we anticipate, India should still grow with a handle of 6% to 6.2% and the assessment is fairly realistic," says Garima Kapoor In India's case the 6.2% that IMF has set out, I would say, is fairly realistic, although it is 30 basis point below what RBI as well as what the ministry had put out in terms of my assessment the estimates of both RBI and the Ministry of Finance should come down, get revised downwards, as we have more clarity on how the trade related uncertainties pan out. But given everything else and given that India's business cycle is turning with both government and RBI turning pro growth, the outlook for rate becoming more clear and with the more aggressive rate cut cycle, crude below 67-68 and dollar below 100, the tailwinds for Indian economy in terms of cyclical terms are far more than what they were six months I would still say everything else being equal, notwithstanding the correction in global economy that we anticipate, India should still grow with a handle of 6% to 6.2% and the assessment is fairly all depends on what kind of discussion and what kind of consultation both countries are able to bring on the table. But fair to assume that US' average tariff which used to be about 2-2.5% or below there is unlikely to stay there. Its average tariff is expected to come up, maybe in the handle of about 10 odd is unlikely to stay at 140% or 150% for China what it is, but 10% probably should be the new normal that the world economy should work with. Now, having said that issues between US and China do not just restrict to trade but they also restrict to a variety of other things including tech war and patents and otherwise security in my assessment the uncertainty phenomena which has gripped the world economy is likely to persist. While the second half can be anticipated better with expectation that there will be some bit of negotiation that is likely to happen and some bit of clampdown from the current race between US and China, but it is likely to be a new normal notwithstanding the clampdown because we have never seen this kind of average between US and China. So, in the near term, we are likely to probably address greater issues of uncertainty rather than issues relating to tariff related data whichever and whatever has come down till early part of April and till the end of March does not indicate that we are likely to hit recessionary situation immediately. And if this tariff related uncertainty is clamped down and there is much less uncertainty than what it was about a week or ten days ago, then things should look such as consumer confidence which came out with in month of March in US did indicate some bit of uncertainty relating to tariff, already reflecting in consumers' behaviour. However, remember we are entering this phase with relatively stronger corporate balance sheets. US' biggest challenge is likely to be in the near term how the movement on yields is. If the 10-year yield and the yields in US respond far too aggressively, then the financial conditions are likely to tighten very-very if the financial conditions tighten, then one should anticipate Federal Reserve to step in because if the tightened financial conditions persist for far too long, then US recession is more likely. But given the current macroeconomic backdrop and the in coming data, it does not seem like we are hitting recession immediately anytime soon, notwithstanding of course the one thing that you should watch out for as I mentioned is the movement of interest rates and the currency markets.
