Dell Jumps Head First Into Consumption-Based Computing With APEX

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Dell Tech World came and went last night. Front and center was APEX, the company's consumption-based offering that enables companies of all sizes to consume IT infrastructure and solutions in a cloud-like fashion. Pay for what you use, with no capital outlay.  During the launch of APEX back in October of last year, Michael Dell proclaimed that this consumption-based model was the future for Dell and its customers. Meaning, all products and services would be offered through this consumption-based model – a direction that many of Dell's competitors appear to be heading.  Given Dell's previous statements, it should be no surprise that APEX dominated Dell Tech World. But the question remains – does APEX deliver on the promise of simplicity, agility, and control? And is the market ready for such products? First, a primer – what is APEX...

Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

quantum computing
Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading. The experiment will investigate the effectiveness of high frequency trading (HFT) strategies for Japanese listed stocks based on "optimal solutions" presented by a quasi-quantum computer -Toshiba’s Simulated Bifurcation Machine.Toshiba says that by combining its computing power with conventional HFT technology, it is now possible to search statistical arbitration opportunities that have not been targeted before, with a sufficient level of low latency against market price fluctuations. More broadly, establishing trading systems that can quickly detect ever-untargeted mispricings and eliminate them is expected to further improve market efficiency and liquidity, says the...

Goldman Sachs makes quantum breakthrough

quantum computing
Goldman Sachs is claiming a quantum computing breakthrough, designing algorithms it says could be used on hardware that may be available in as little as five years. The bank has been working with Silicon Valley startup QC Ware for the past couple of years to investigate the use of quantum algorithms in finance, exploring how the technology will eventually outperform classical computers for finance applications.Researchers at the two firms have been looking at how quantum computing can be tapped for the Monte Carlo algorithm used to evaluate risk and simulate prices for a variety of financial instruments.Using traditional hardware, the complex calculations needed for Monte Carlo are typically executed once overnight, which means that in volatile markets, traders are forced to use...

Ally partners with Microsoft Azure to prepare quantum computing-ready workforce

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US fintech Ally Financial will collaborate with Microsoft on Azure Quantum solutions to develop quantum computing skills and explore how new algorithms and future quantum hardware could improve customer experience. With claims that the industry is reaching the limits of classical computing, quantum computing has become an attractive proposition. A quantum computer can perform calculations based on the probability of an object's state before it is measured - instead of just 1s or 0s and process more data compared to their traditional counterparts. Ally is collaborating with Microsoft as part of its Enterprise Acceleration Program (EAP) to resolve optimisation issues, as well as utilise available, rich data to support financial services professionals make better decisions, learn why a customer may contact a...

5 benefits, 5 challenges of cloud computing in higher education |

5 benefits 5 challenges of cloud computing in higher education
Administrators should weigh the benefits against their needs and determine which solutions will provide the best outcomes (AdobeStock/apinan) Chuck Ma With the recent push for online courses, digital lesson plans, and remote learning, cloud-based platforms are more important than ever. Cloud computing offers significant advantages to education, from K-12 schools to university students. But what do administrators need to know before moving forward? To help you decide if cloud education solutions are suitable for your institution, here’s a quick rundown of the five main benefits and considerations of cloud computing in education. 5 Benefits of Cloud Computing 1. Long-term cost savings Cost reduction is...