New Business Addresses Growing Market for
Advanced Enterprise Focused Multi-Access Edge Computing
HUNTINGTON BEACH, CA,
Feb. 27, 2018 /CNW/ - Pivot
Technology Solutions, Inc. (TSX: PTG) ("Pivot") today announced the
formation of Smart-Edge.com, Inc., a new wholly owned
subsidiary focused on driving commercial penetration of the
patent-pending Smart Edge™ platform developed by ACS(US),
Inc. ("ACS"), a Pivot company.
Smart Edge is an advanced developer platform designed to
support enterprise Multi-Access Edge Computing (MEC) solutions and
built to operate on Intel technology. It simplifies
enterprise-based mobility and delivers an immersive user
experience by placing compute, applications and content adjacent to
the user.
"The Smart Edge software platform provides a secure,
trusted cloud environment at the network edge allowing enterprises
to deploy existing and new applications to generate and drive new
revenue," said Kurt Steinhauer,
President of ACS. "The Smart Edge software enables a
significantly improved user experience and positions the enterprise
to take advantage of 5G."
To develop Smart Edge, ACS utilized the Intel® Xeon®
Scalable processors and Data Plane Development Kit (DPDK) to create
an optimized Cloud Edge platform to enable enterprises to deliver
better digital experiences and generate new revenue, all while
lowering costs.
"Intel is extending its expertise from the data center to the
network edge," said Caroline Chan,
vice president Data Center Group and general manager of 5G
Infrastructure Division, Network Platforms Group, Intel. "Intel's
technology is accelerating the deployment of 5G. By utilizing Intel
technologies such as our Multi-access Edge Computing (MEC) platform
built on industry standard servers, Smart Edge is helping
its customers deliver new edge computing services faster and more
cost effectively".
Deployed on the Smart Edge platform, enterprise
applications and mobile devices can become context and user
aware with the closest proximity possible. The Smart
Edge solution improves user experiences, enables new revenue
streams for stakeholders and reduces ongoing Edge Total Cost of
Ownership (TCO), all driving factors in the adoption of 5G
technologies.
"Smart Edge is an important innovation and disruptive
technology that can best be exploited through the creation of a
focused business unit," said Kevin
Shank, Pivot President and Chief Executive Officer. "After
successfully completing a use case with a Fortune 100 company late
last year, we believe the time is right to provide the platform
with the support of a dedicated and experienced team that will
operationalize Smart-Edge.com, Inc. in the first half of calendar
2018."
The Smart Edge platform is ideal for developing
applications and 5G preparedness. The unique framework supports the
transparent integration of existing enterprise applications into
the mobility environment. Most important, the applications and
content proximity improve the user experience.
About Smart Edge
Smart Edge was
developed by ACS, a wholly owned subsidiary of Pivot. ACS supports
Large Enterprise, Mobile Network Operators and Multiple System
Operators as they build their network and compute environments.
ACS' experience with wired and mobile broadband, combined with its
expertise in enterprise use cases (applications), positions
Smart-Edge.com, Inc. as a key partner for enterprise focused MEC
services.
About Edge Computing
Edge computing is a rapidly growing area of IT that moves
virtualization and data processing to the edge of a network, as
close to the user or originating source of data as
possible. With Smart Edge, users can harness the
power of edge computing to decentralize their information
technology architecture, enhance IT performance and reduce
network congestion. These advancements enable compute
intensive artificial intelligence while protecting sensitive
data.
About Pivot Technology Solutions
Pivot is an industry
leading information technology services and solutions provider to
many of the world's most successful companies, including members of
the Fortune 1000, as well as governments and educational
institutions. By leveraging its extensive OEM partnerships and its
own fulfillment, professional, deployment, workforce and managed
services, Pivot supports the IT infrastructure needs of its
clients. For more information, visit www.pivotts.com.
Forward Looking Statements
This news release contains statements that, to the extent
they are not recitations of historical fact, may constitute
"forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements include
statements regarding the sales potential of the Smart Edge
technology platform and the value creation potential of
Smart-Edge.com, Inc., Pivot's new business unit. Pivot uses
words such as "may", "would", "could", "will", "likely", "expect",
"believe", "intend", "anticipate" and similar expressions to
identify forward-looking statements. Any such forward-looking
statements are based on assumptions and analyses made by Pivot in
light of its experience and its perception of historical trends,
current conditions and expected future developments. However,
whether actual results and developments will conform to Pivot's
expectations and predictions is subject to any number of risks,
assumptions and uncertainties, including the risk that the
roll out of the Smart Edge technology will be delayed, and other
risks detailed in the Company's Annual Information Form for the
year ended December 31, 2016
available at sedar.com. Many factors could cause Pivot's
actual results to differ materially from those expressed or implied
by the forward-looking statements contained in this news release.
The "forward-looking statements" contained herein speak only as of
the date of this news release and, unless required by applicable
law, the Company undertakes no obligation to publicly update or
revise such information, whether as a result of new information,
future events or otherwise.
Intel and Xeon are trademarks or registered trademarks of
Intel Corporation in the United
States and other countries.
SOURCE Pivot Technology Solutions, Inc