Five Minute Briefing - Data Center
August 8, 2022
Five Minute Briefing - Data Center: August 8, 2022. Published in conjunction with SHARE Inc., a bi-weekly report geared to the needs of data center professionals.
365 Data Centers announced it will acquire a majority of Sungard's U.S. colocation and networking business. This year saw Sungard's U.K., U.S., and Canadian operations file for bankruptcy, with most of the UK operation being sold off to U.K. telco Daisy Group and MSP Redcentric. Sungard Availability Services (Sungard AS) announced that, subject to court approval, it has entered into an Asset Purchase Agreement with 365 DC. Bloomberg reports 365 has bid $52.5 million for the business.
IBM Security released the annual Cost of a Data Breach Report, finding costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations. With breach costs increasing nearly 13% over the last two years of the report, the findings suggest these incidents may also be contributing to rising costs of goods and services.
With IBM z16, application developers can preserve the future integrity of critical documents by implementing dual-signing schemes using the lattice-based cryptographic algorithm CRYSTALS-Dilithium, selected by NIST for standardization. The algorithms are designed for two of the main tasks for which public-key cryptography is typically used—public key encapsulation (which is used for public-key encryption and key establishment) and digital signatures (which are used for identity authentication and non-repudiation).
Tone Software Corporation, a global provider of management and productivity solutions for IBM Z mainframes, is acquiring the JES2Mail, JES2FTP, Mail2ZOS, and CICS2PDF host output transformation and delivery products from CASI Software, Inc. Effective June 1, 2022, the acquisition of the CASI JES2Mail suite will expand Tone's OMC z/OS Output Management offerings for mainframe shops seeking to deliver the right information to the right users, in the most cost effective format for the business.
News From SHARE
Mainframers are familiar with the myth that their systems are outdated, expensive, and in need of replacement. Other common refrains include COBOL being outdated and hard to learn, or that modernization means moving everything onto the cloud.
Think About It
What's the hardest part of managing a merger, acquisition, or divestiture? The answer may seem to be getting lawyers and regulators to sign off on the deal or handling the business restructuring that follows. But here's another hairy M&A and divestiture challenge which executives too often underestimate: migrating massive amounts data, most of it unstructured, between entities.