Latest news with #VenkatRamakrishnan
Associated Press
14-05-2025
- Business
- Associated Press
Focaloid Unveils Bold Rebranding, Repositions as AI, Data, and Cloud Specialist Focused Exclusively on the BFSI Sector
Focaloid rebrands as an AI, Data & Cloud specialist, focusing on BFSI with solutions InvoiceIQ & AgentHub to drive digital transformation. 'Focusing solely on BFSI, we're deepening expertise to deliver innovative, reliable solutions that tackle financial institutions' unique challenges.'— Venkat Ramakrishnan, CEO, Focaloid FLORIDA, NY, UNITED STATES, May 14, 2025 / / -- Focaloid, a leading technology consulting and digital solutions provider, today announced its strategic rebranding and repositioning as a specialist in Artificial Intelligence (AI), Data, and Cloud technologies, with a singular focus on serving the Banking, Financial Services, and Insurance (BFSI) sector. This transformation marks a new era for Focaloid, aligning its expertise and innovative product suite to address the evolving demands of the BFSI industry. With this renewed focus, Focaloid aims to empower financial institutions to accelerate digital transformation, enhance compliance, and deliver next-generation customer experiences. Introducing InvoiceIQ and AgentHub: Next-Generation BFSI Solutions As part of its repositioning, Focaloid is spotlighting its flagship solutions, InvoiceIQ and AgentHub, both engineered to address critical challenges in the BFSI sector: InvoiceIQ: A smart invoice automation engine that uses AI to digitize, validate, and process large volumes of financial documents with unmatched accuracy. It helps BFSI clients reduce processing time, eliminate manual errors, and streamline reconciliation workflows. AgentHub: Built on Focaloid's Agentic AI Framework, AgentHub is a modular platform for building intelligent agents that automate research, customer interactions, and internal workflows. In the BFSI context, it enables enhanced fraud detection, KYC automation, regulatory compliance checks, and customer service optimization. Impact on the BFSI Sector Focaloid's exclusive commitment to the BFSI sector comes at a pivotal time, as financial institutions worldwide embrace AI, data, and cloud solutions to drive innovation and operational excellence. The company's tailored offerings enable BFSI organizations to: Achieve hyper-personalization in customer service through AI-powered analytics. Enhance compliance and risk management with automated, data-driven processes. Scale operations securely and efficiently using industry-specific cloud platforms. Accelerate digital transformation and remain competitive in a rapidly evolving market. About Focaloid Founded in 2013, Focaloid has established itself as a trusted partner for digital transformation, serving over a hundred companies worldwide. The company's new direction as an AI, Data, and Cloud specialist for the BFSI sector positions it at the forefront of industry innovation, delivering agile, efficient, and scalable solutions for the future of finance. Ashish Shekhar Focaloid Technologies +1 551-225-8298 [email protected] Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
TECHx
03-04-2025
- Business
- TECHx
Portworx Enterprise 3.3 Boosts VM Performance on Kubernetes
Portworx Enterprise 3.3 Boosts VM Performance on Kubernetes Portworx has announced Enterprise 3.3, delivering true VM performance at scale with unified storage management and seamless integrations. This release cements Portworx as the preferred storage and data platform for Kubernetes workloads. Built for Kubernetes, Enterprise 3.3 improves scalability, automation, and self-service. It also helps enterprises address costly virtualization challenges. With its unified platform and multiple integrations, businesses can modernize at their own pace. Companies choosing Kubernetes can cut costs by 30-50% compared to traditional alternatives. Portworx takes these savings further by eliminating the need for complex workload migrations. Instead, enterprises can keep VMs on Kubernetes indefinitely while refactoring applications or building new cloud-native solutions. Managing data storage for VMs and containers is now easier. A single workflow replaces multiple tools, while the agnostic storage approach supports both Pure Storage and non-Pure Storage environments. 'As Broadcom's acquisition of VMware reshapes the market, businesses seek cost-effective virtualization,' said Venkat Ramakrishnan, VP & GM, Portworx, Pure Storage. He noted that 81% of enterprises surveyed in 2024 plan to modernize or migrate VMs to Kubernetes, with most doing so within two years. Portworx Enterprise 3.3 introduces RWX Block for KubeVirt VMs, boosting high-performance read/write capabilities on FlashArray™ and other storage vendors. It also offers centralized data management, zero RPO disaster recovery, and file-level backup for Linux VMs. Additionally, it integrates with KubeVirt platforms from SUSE, Spectro Cloud, and KuberMatic, alongside its existing Red Hat partnership. Steven Dickens, CEO and Principal Analyst at HyperFRAME Research, called the update a game-changer. 'Portworx 3.3 offers seamless VM and container support, delivering 30-50% cost savings without compromising performance or scalability.' Mike Barrett, VP & GM, Hybrid Cloud Platforms, Red Hat, highlighted the benefits. 'Our collaboration with Portworx improves block volume performance for VMs and enhances business-critical disaster recovery with synchronous replication.' With Enterprise 3.3, Portworx delivers next-level Kubernetes storage while helping enterprises reduce costs, streamline management, and accelerate cloud-native transformation.
