Seagate Joins With OORT To Increase Infrastructure

2024-01-31 10:11:01

(MENAFN- Baystreet) Abbott Positive on Product Launch

Novo Rockets on Q4 Figures

Boeing Narrows Losses, Holds off on Guidance

Starbucks' Q4 Earnings Miss Targets As Sales Slump

Geopolitical Turmoil Impacts Starbucks Sales in 2023 Previous Articles Subscribe to Get Small Cap News & Alerts Glenn Wilkin - Wednesday, January 31, 2024

Seagate Joins with OORT to Increase Infrastructure

Seagate® Technology (NASDAQ: STX) saw its shares still on the starting line Wednesday, as the world leader in mass-data storage infrastructure solutions, integrating Seagate LyveTM services to boost its infrastructure, joined with OORT, a decentralized cloud platform,

Seagate Lyve Cloud's integration significantly enhances OORT's storage capabilities, meeting the high data demands of AI applications. Leveraging Seagate's advanced solutions enables OORT to optimize costs, offering competitive pricing and a seamless experience, vital for its AI-focused decentralized cloud infrastructure. This collaboration is key in bolstering OORT's ability to enable AI solutions while also advancing its global expansion and fostering new strategic alliances.

Sean Yang, CTO of OORT, states: "Working with Seagate marks a major step in enhancing our decentralized cloud services. Seagate's sophisticated storage solutions are instrumental in strengthening our AI-enabled service offerings, underpinning our commitment to privacy and operational efficiency."

"Optimized mass data storage is key to any organization's ability to scale," said Melyssa Banda, vice president of Seagate storage solutions and Lyve services. "Seagate brings decades of mass-capacity data storage management expertise to the table, enabling organizations like OORT to deliver optimized AI solutions to its customers."

“This collaboration,” concludes Wednesday's news release,“marks a significant step for OORT in its journey to revolutionize the decentralized cloud industry with a commitment to practical, high-quality solutions.”

STX shares inched back 0.08 cents to $87.58.

About Us
Contact Us
Advertise
License Our Content
Jobs
Disclaimer
Privacy Policy

Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks

MENAFN31012024000212011056ID1107792488

Legal Disclaimer:
MENAFN provides the information “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 provider above.