http://bit.ly/1uJLRGJ), LTE subscriptions are expected to rise to more than 2 billion by 2019, increasing from 250 million today. Along with this growth in subscribers, carriers are experiencing significant growth in voice and data usage placing added pressure on the network. However, while network usage continues to grow, carriers are also seeing a significant drop in data pricing with an estimated decrease of 77 percent during the first nine months of 2014, according to Chetan Sharma’s Q3 2014 report (http://bit.ly/1HfUgrn). As a result, carriers are finding it harder to reinvest in the network – putting them at risk of becoming commoditized as voice and data only providers, while over-the-top providers like Facebook, Twitter and others are seeing significant increased revenue from mobile. To combat this trend, carriers are looking to SDN and NFV to virtualize their networks so they can decrease costs and be more nimble to capitalize on current market trends. ContexNet 4.0 helps carriers overcome deployment challenges and enables them to pursue new revenue opportunities by leveraging an industry-standard approach that easily integrates into existing infrastructure and provides the flexibility needed to quickly introduce and support new services. This paves the way for service providers to offer more personalized, a la carte-style plans to consumers, such as video or music streaming, without straining the network as a whole. Taking advantage of OpenDaylight, OpenStack, OpenFlow and other industry standards, ContexNet 4.0 provides unsurpassed scale, supporting millions of subscribers with customized service profiles, as well as the resiliency, high-availability and extendibility requirements for carriers’ unique network needs. This complies with the Internet Engineering Tasks Force (IETF) horizontal standard interfaces for network virtualization allowing operators to create programmable networks that are not only flexible and self-healing, but also have a high degree of consistency. The solution also allows for geographically dispersed sites to be unified and operate as a single network. Supporting Quotes:Mountain View, Calif. — December 9, 2014— ConteXtream (http://www.contextream.com/), a leading provider of carrier-grade network virtualization solutions, today announced the launch of ContexNet 4.0, the first commercially-available OpenDaylight-based, carrier-grade software-defined networking (SDN) fabric for network functions virtualization (NFV). ContexNet 4.0 helps carriers avoid commoditization of their products and develop new revenue streams by creating a more flexible and programmable network through a SDN/NFV model. According to Ovum’s recent World Cellular Data Metrics report (
- “Today’s wireless carriers are facing a tipping point. They need to innovate beyond their traditional service model or become the latest commodity industry,” said Nachman Shelef, chief executive officer and co-founder, ConteXtream. “The cost of increased traffic without corresponding growth in ARPU has tightened profit margins for carriers, making it harder to continue building up the network to meet future needs and investing in R&D to identify and launch new services. ContexNet 4.0 allows service providers to optimize their network to meet traffic demands, control costs and introduce new services so they can open up new revenue streams.”
- “ConteXtream has been a valuable member and an active contributor of the OpenDaylight community,” said Neela Jacques, executive director, OpenDaylight. “They were also among the first companies to embed OpenDaylight code into a commercially shipped product. It will be exciting to watch how OpenDaylight continues to impact their solutions.”
- “To meet customer needs, it is important for us to be able to add new services to our portfolio at record speed and provide these customers with high quality services,” said Pål Grønsund, PhD, research scientist, Telenor Research. “We have been working with ConteXtream for a while and it clearly has the potential to contribute to these values. We also did an ETSI POC on Gi-LAN virtualization and now we are working on our next ETSI POC on SDN-enabled EPC with them, which also uses ConteXtream’s OpenDaylight-based Carrier-SDN fabric. We are excited to be partnering with ConteXtream on the new network paradigm of network virtualization.”
- “Our customers want us to provide an end-to-end, high performance solution that exceeds their performance, scalability and reliability requirements,” said Werner Schaefer, vice president, Network Functions Virtualization, HP. “HP is committed to delivering an open platform for NFV, complemented by joint solutions with partners like ConteXtream, enabling us to offer the networking solutions service providers need to reduce capital and operating expenditures, while also introducing revenue-generating services.
- “ConteXtream has been a leading pioneer in delivering cloud-based network virtualization for service providers and has been battle-tested with major carriers since it introduced its first subscriber aware solution in 2010,“ said Sue Rudd, director service provider analysis, Strategy Analytics. “The new iteration announced today complies with OpenDaylight – http://www.opendaylight.org/ – and other open industry specifications to address real world multi-vendor, multi-cloud challenges that are not yet being met by non-proprietary vendors in the space.”
- “ConteXtream’s strategy is well-aligned with carrier’s interest in open source SDN solutions,” said David Krozier, principal analyst, network infrastructure, Ovum. “The company’s new OpenDaylight-based, ContexNet 4.0 product builds on ConteXtream’s significant experience in delivering carrier-grade SDN solutions.”
- As an early participant in the carrier-SDN sector, ConteXtream’s contributions to OpenDaylight are particularly informed and valuable,” said Daniel Keoppel, executive director, Verizon Ventures. “We support innovations in open standards through our investments in ConteXtream and other Verizon Venture portfolio companies.”
ConteXtream, a leading provider of carrier-grade network virtualization solutions, today announced a public showcase of subscriber-aware virtual network function (VNF) chaining with HP in the ETSI PoC ZONE at SDN & OpenFlow World Congress, October 14-17 in Dusseldorf, Germany. In addition, ConteXtream CEO and co-founder, Nachman Shelef will provide insight into how to achieve full virtualization benefits from NFV infrastructure deployments. “Service chaining makes it easier and less expensive to spin up applications in service provider networks. It is an essential NFV capability for our customers,” said Werner Schaefer, vice president, Network Functions Virtualization, HP. “ConteXtream’s experience in SDN and NFV enables HP to deliver a best-in-class solution to our customers.” Hosted by the European Telecommunications Standards Institute (ETSI) at the upcoming SDN & OpenFlow World Congress, the NFV PoC ZONE showcases SDN and NFV solutions from selected companies in an effort to raise awareness and build confidence in NFV as a viable approach to addressing service provider network demands. The ETSI NFV PoC provides the opportunity service providers and industry participants to engage with the PoC participants to discuss their results, learn about the challenges they faced and discuss what they see as the next steps for NFV implementation. The SDN & OpenFlow World Congress brings together more than 1,300 industry leaders, first users and solution innovators. The event is Europe’s principal SDN & NFV knowledge exchange, and has expanded greatly since its inception in 2012, as has the SDN World Exhibition. This year’s event will showcase solutions from over 60 suppliers. WHO:ConteXtream CEO Nachman Shelef Also to Present on Achieving Full Benefits of Virtualization Through Deployment of NFV Infrastructure Mountain View, Calif. — October 13, 2014 —
- HP and ConteXtream representatives will be demonstrating in the ETSI PoC ZONE.
- Nachman Shelef, CEO, chairman and co-founder of ConteXtream. Shelef’s background includes founding and leading NiceCom, a company acquired by 3Com. Following the acquisition, Shelef worked as VP of Business Development as well as VP and GM of several 3Com organizations based in Santa Clara, Boston and Israel. Shelef obtained his B.Sc. Summa cum Laude in computer engineering from Technion-Machon Technologi Le’ Israel.
- Demonstration in ETSI PoC ZONE – ConteXtream and HP will showcase their collaboration on an ETSI-approved PoC for service chaining virtual network functions together on an NFV infrastructure.
- Nachman Shelef’s presentation entitled “NFV Infrastructure to Deliver the Full Benefits of Virtualization” will examine how to deploy NFV infrastructure in the most efficient, effective way to provide the most seamless experience.
- ETSI PoC ZONE- Open Wednesday, October 15th through Friday, October 17th during exhibit hall hours.
- Presentation by Nachman Shelef: Thursday, October 16, 2014 at 4:35 p.m. CEST
- ETSI PoC demonstrations will take place in the ETSI PoC ZONE (POC #15), where subscriber aware SGi/Gi-LAN virtualization demonstration will be shown.
- The presentation by Nachman Shelef will be in the Congress 2 (Diana 2) section of the SDN & OpenFlow World Congress 2014, located at the Swissôtel Düsseldorf / Neuss, Rheinallee 1, D-41460 Neuss, Düsseldorf, Germany.
Spikes Security founder and chief executive Branden Spikes left his position as the CIO of SpaceX to save your company from ruination. Spikes is one of Elon Musk’s most trusted lieutenants. And today, the Musk-vetted security guru and his startup raised a cool $11 million first round of funding led by Lakewood & Company, Javelin Venture Partners, and Benhamou Global Ventures to build out their browser-focused security technology. While at SpaceX, Spikes had a front-row seat to a continual and unrelenting barrage of attempted malware attacks from cyber thugs looking to steal company secrets. That experience at SpaceX, which lasted nearly 10 years, convinced Spikes that the best way to defeat malware begins with safeguarding employee browsers. “I was the CIO for Elon Musk at all his companies, including SpaceX,” the mild mannered security guru told VentureBeat late Tuesday. “I was at SpaceX a long time and saw the company change from building spaceships to running them. With this, I saw an opportunity to take my skillset to the next level.” The startup’s flagship security product is called AirGap. It acts as a barrier against malware designed to get employees to click on an affected link. AirGap functions by first deploying itself outside the company firewall. AirGap creates isolated virtual machines for each web session users request of the network in question. AirGap, according to Spikes, automatically transforms all web content into a virtual image and delivers it over a proprietary protocol to the client viewer. This means that any malware associated with the infected web content, or the phishing lure, remains firmly outside the firewall. The $11 million comes at an opportune moment in light of the Target, JP Morgan, Home Depot, and now Staples hacks that affected the accounts of over 300 million customers. Security analysts have blasted these firms for not being proactive outside the moat in isolating and thwarting hits. In fact, the viruses that infected those companies lay undetected for months, wreaking serious damage, the extent of which is still being tallied. This fact is not lost upon the studious though laid-back Spikes, who bailed on college to pursue his dream with Musk. In fact, Spikes posits that if the current cycle of successful attacks against American government and industry continues unabated, the U.S. could very well find itself erecting a barrier akin to the ‘Great Firewall of China” to lock the grid down. China tightly controls user access, and Spikes said at if the security community doesn’t get it soon, the U.S. may have no alternative other than to lock down the entire Internet infrastructure here to protect against malware. Really, though, his experience working “with Ph.D. rocket scientists with severe senses of entitlement that couldn’t be told anything” shaped the vision for his startup because network security was the last thing on their minds, even though it was one of the most important in keeping Chinese government hack teams from boosting SpaceX’s virtual DNA. “With infected browsers, there was no elegant solution to that problem. At SpaceX, we defended the network successfully against a never-ending stream of attacks. It was very scary,” he said. “SpaceX does a great job of security. If we don’t solve this problem, it is a ticking time bomb for all these companies,” Spikes said.Former SpaceX CIO leaves the space world to protect your company from destruction
Storage performance validation leader takes top honor for helping IT organizations determine which workloads require flash storageSanta Clara, CA, May 20, 2014– Load DynamiX, the leader in storage infrastructure performance validation, announced it has been selected as a Red Herring Top 100 North America Winner, a prestigious award honoring the year’s most promising private technology ventures from the Americas business region. “We are honored to receive such a prestigious award as recognition of our unique value to the IT industry.” stated Philippe Vincent, CEO or Load DynamiX. “With the storage industry going through one of the biggest disruptions in its history, we are seeing accelerating adoption of our storage performance validation solutions. These products help IT architects ensure a successful transition to flash and hybrid storage systems by aligning purchase decisions to workload performance requirements.” Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. “In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe Load DynamiX embodies the vision, drive and innovation that define a successful entrepreneurial venture. Load DynamiX should be proud of its accomplishment, as the competition was very strong.” About Load DynamiX As the leader in infrastructure performance validation, Load DynamiX empowers IT professionals with the insight needed to make intelligent decisions regarding networked storage. By accurately characterizing and emulating real-world application behavior, Load DynamiX optimizes the overall performance, availability, and cost of storage infrastructure. The combination of advanced workload analytics and modeling software with extreme load-generating appliances give IT professionals the ability to cost-effectively validate and stress today’s most complex physical, virtual and cloud infrastructure to its limits. – See more at: http://www.loaddynamix.com/news/load-dynamix-wins-2014-red-herring-top-100-north-america-award/#sthash.tYGpJosH.dpuf
ConteXtream Inc., a leading provider of carrier-grade network virtualization solutions, today announced that TMC, a global, integrated media company, has named the company’s Software-Defined Networking (SDN) solution for service providers,ContexNet, as a 2014 Excellence in SDN Award winner presented by TMC’s INTERNET TELEPHONY Magazine and SDN Zone. “Recognizing leaders advancing SDN technologies, TMC is proud to announce ConteXtream as a recipient of the annual Excellence in SDN Award,” said Rich Tehrani, CEO, TMC. “ContexNet has demonstrated innovation and will help shape the face of the quickly evolving industry. It is our pleasure to honor ConteXtream for their inspiring work.” ContexNet is a carrier-grade, distributed SDN fabric that leverages proven virtualization and grid technologies, enabling service providers to take the first step to achieving Network Functions Virtualization (NFV) as outlined by the European Telecommunications Standards Institute (ETSI). ContexNet enables operators to optimize their network through virtualization and effective utilization of resources while accelerating revenue growth through rapid introduction of new services or features. ContexNet runs on standard, off-the-shelf computing platforms, creating a distributed and scalable SDN domain, dynamically linking network functions and by steering the right traffic flows to the various network virtual functions. ContexNet is compliant with industry standard-based mechanisms such as OpenFlow, LISP and OpenStack which enable it to fully separate control from forwarding, location from identity, and orchestration from networking. “We are honored to be named a recipient of the inaugural Excellence in SDN Awards,” said Anshu Agarwal, VP Marketing, ConteXtream. “This award compliments the tremendous success we have experienced in customer deployments over the last 18 months, which includes global deployment at several Tier-1 operators, and further validates our position as a leader in SDN for the service provider market.” SDN architecture has already had a profound impact on the IT and Telecom industries and, as this technology continues to grow in popularity, the Excellence in SDN Awards recognizes the companies that are leading the way in SDN architecture and applications. Winners of the Excellence in SDN Award are published in the May 2014 issue of INTERNET TELEPHONY Magazine. About ConteXtream ConteXtream is a privately held software-defined-networking (SDN) company that enables carriers to deliver network capacity and functions in the same way cloud providers deliver applications effectively utilizing standard compute and storage. ConteXtream’s SDN offering is carrier-grade and enables Network Function Virtualization (NFV) for various solutions deployed on carrier networks. Deployed by Tier-1 operators, ConteXtream’s Carrier-SDN dynamically and elastically connects subscribers to services and enables carriers to leverage standard, low-cost server hardware and hypervisors to virtualize functions and services, while replacing costly purpose-built proprietary systems. Headquartered in Mountain View, Calif., ConteXtream is backed by Benhamou Global Ventures, Gemini Israel Funds, Norwest Venture Partners and Sofinnova Ventures as well as Comcast Ventures and Verizon Investments. For additional information, visit www.contextream.com. About TMC TMC is a global, integrated media company that supports clients’ goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, M2M Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by as many as 1.5 million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world’s leading business technology event, as well as industry events: Asterisk World; AstriCon; ChannelVision (CVx) Expo; Cloud4SMB Expo; Customer Experience (CX) Hot Trends Symposium; DevCon5 – HTML5 & Mobile App Developer Conference; LatinComm Conference and Expo; M2M Evolution Conference & Expo; Mobile Payment Conference; Software Telco Congress, StartupCamp; Super Wi-Fi & Shared Spectrum Summit; SIP Trunking-Unified Communications Seminars; Wearable Tech Conference & Expo; WebRTC Conference & Expo III; and more. For more information about TMC, visit www.tmcnet.com.ContexNet SDN Solution for Service Providers Honored for Innovation Mountain View, Calif. – May 13, 2014 —
e-Commerce payment platform delivers highest conversion with transaction protection.Palo Alto, CA (PRWEB) March 27, 2014 IdentityMind Global™, the creators of an on-demand anti-fraud and risk management platform for financial transactions, today introduced IDMPay payment services for online merchant accounts. IDMPay integrates payment services, risk management, and anti-fraud services into one platform, helping high-risk and traditional non-risk online merchants lower fraud rates and chargebacks and increase transaction conversion. Analysts estimate the size of the high-risk market at nearly $850B in annual sales, with 90% of respondents reporting losses in a recent Federal Reserve Survey; payment fraud is a widespread issue. Recent security breaches at major retailers (Target most notoriously) have spurred the introduction of chip-and-PIN cards in response to EMV requirements, which protect the card data at the Point of Sale. However, this does not protect online merchants, or prevent card not present (CNP) fraud. On the contrary, in Europe and other places where EMV has already been implemented, online fraud has in fact increased as fraudsters move to conduct fraud online. “Online commerce has dramatically changed the risk landscape. Anti-fraud is an essential aspect of e-Commerce and merchant services,” said Garrett Gafke, President & CEO, IdentityMind Global. “It just makes business sense to have payments tied to a very strong risk management platform creating a one-stop shop for the market.” One Stop for All Merchant Account Services IDMPay supports a wide variety of payment methods with unique conversion rates, ease of implementation and customization, and excellent client services. With IDMPay, online merchants can now:
- Build payments models that are in tune with their consumer base.
- Maintain a good relationship with banks and card brands (keeping chargeback strategy to comply with regulations).
- Apply succinct risk management strategy (being able to detect and mitigate fraud).