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As international concerns drive costs and uncertainty, the data storage management leader offers software-driven solutions to address hardware supply chain issues, generate savings, and shorten development time.
HELSINKI – December 13, 2022 – (Newswire.com)
Tuxera, the leading provider of quality-assured data storage management software and networking technologies, helps device and car manufacturers, tier suppliers, and data-driven enterprises address challenges stemming from chip and component shortages, increased labor challenges, and geopolitical uncertainty. The company’s storage software solutions help its customers realize cost savings, reduce build of materials (BOM) costs, and optimize total cost of ownership (TCO).
Ripple effects of the COVID-19 pandemic have led to shortages of computer chips and components, affecting sectors from electronics to automobiles. The pandemic also has driven labor shortages resulting from temporary shutdowns and the “quiet quitting” phenomenon. Inflation and the war in Europe have reduced buying power and created uncertainty about markets.
“These global issues have pressured corporations to implement cost reduction strategies, especially concerning their spending and dependency on suppliers and hardware parts,” said Tuukka Ahoniemi, CEO of Tuxera.
“Tuxera’s embedded data storage software works with and supports the vast majority of semiconductors on the market. Our customers do not need to rely on the availability of a certain flash part or component, allowing for flexibility across a multitude of projects.”
Long-term hardware cost savings through software
Through decades of experience building storage software for the global top tech companies, Tuxera has developed state-of-the-art implementations of its file system software. Advanced features in its software enable hardware cost reductions. For example, the software’s advanced features for controlling and regulating data retention on the storage can reduce the hardware supercapacitor costs by up to 50 percent. This is especially useful in data recording and write-intensive use cases, such as in DVRs, dashcams, cameras and drones.
Direct storage hardware cost savings can also be realized with Tuxera’s intelligent flash management software, especially in projects where using raw flash is a more cost-effective approach to storage than eMMC or other types of managed NAND.
Tuxera’s technology can also extend the lifetime of storage systems by up to 3.2 times compared to other alternatives. Maximizing storage lifetime has the added benefit of reducing the need for hardware maintenance, replacements, and recalls over time, which can result in significant cost savings for Tuxera’s customers. For example, improved storage system lifetime in automobiles can reduce costs by $1.3 million per 100,000 storage devices.
Reducing development costs
Businesses should also consider opportunity costs and time-to-market when thinking of their budgets. It is safe to estimate that creating a production-ready file system takes a minimum of 50 person-years. The company’s comprehensive data management portfolio allows businesses to avoid that costly development cycle, because it is proven and ready to integrate into any environment. “While free alternatives do exist on the market today,” said Eva Rio, Product Manager of Tuxera, “they lack dedicated support and expertise.” The cost of going with an in-house solution is considerable and often underestimated by organizations not familiar with storage software.
“In our experience, companies are better off dedicating their time and resources toward their core business. Tuxera can fill the gap when it comes to storage expertise,” Rio said. “Tuxera’s solutions are developed from a market perspective, in close cooperation with our customers and partners, taking into account changes and uncertainties in the industry. Our software, chosen for its proven reliability in the field, also helps customers achieve long-term cost savings, avoid vendor lock-in, reduce their risk, and accelerate their time-to-market so that they can differentiate themselves from the competition early on. Tuxera is at the forefront of storage software and will continue to provide reliable and high-performing solutions so that our customers can focus on making their innovations possible.”
To contact Tuxera’s sales team to discuss your next project, please visit https://www.tuxera.com.
About Tuxera
Tuxera is the leading provider of quality-assured data storage management software and networking technologies. We help people and businesses store and move data reliably while making file transfers fast and content easily accessible. Our software is at the core of billions of phones, tablets, cars, TV sets, cameras, drones, external storage, routers, spacecraft, IoT devices, and public cloud storage platforms.
Tuxera’s customers include car makers, device manufacturers, industrial equipment manufacturers, data-driven enterprises, and much more. They rely on our software to protect data integrity, improve storage performance, transfer data rapidly and securely, and extend flash memory lifetime in their products and for their projects. We are also members of JEDEC, AGL, SD Association, The Linux Foundation, and other industry associations. Founded in 2008, Tuxera’s headquarters are located in Finland, with regional offices in China, Germany, Hungary, South Korea, Japan, Taiwan, and the U.S.
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Maria Penaloza
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Newswire.com
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Tuxera’s Reliable Data Management Software Helps Businesses Optimize Total Cost of Ownership
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We will deliver a seamless experience to buy, sell and hold digital assets
GREEN BAY, Wis. – December 12, 2022 – (Newswire.com)
Sequoir announced today that its digital asset (cryptocurrency) solutions are now accessible through the Jack Henry™ digital banking platform.
As cryptocurrency assets become more mainstream, demand has increased for digital asset solutions integrated with traditional financial products and services. For financial institutions, providing this digital asset solution tightly integrated with existing products and services is essential to meet user needs.
Until recently, if a financial institution wanted to offer a way to buy, sell and hold digital assets, they had limited options. They could either develop a solution from scratch or use an off-the-shelf product which may not provide the long term flexibility they desire.
Sequoir leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital Platform™ is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Sequoir to directly integrate into the digital banking platform providing an easy-to-use, seamless banking experience. This integration contributes to Jack Henry’s growing ecosystem of over 850 fintechs, providing approximately 8,000 financial institutions with relevant financial products and services for their accountholders.
“Financial institutions now have an excellent way to offer digital asset services to their customers or members. Plus, they don’t have to build one-off solutions from scratch. Our API-based platform means it’s easy to add new features and functionality as users’ expectations evolve,” says Justin Seidl, CEO of Sequoir.
Financial institutions can take advantage of Sequoir’s unique conversion and custody capabilities to create a safe and easy way for customers or members to buy, sell and hold digital assets while they stay within their primary financial relationship. And, with the capabilities of an industry-leading provider like Jack Henry behind it, they can have confidence the solution will meet the highest security and compliance standards.
To learn more about how Sequoir can help your financial institution take advantage of the digital asset revolution, visit www.sequoir.com today.
Contact Information:
Julie Esser
Marketing Director
6082170678
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Press Release Service
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Sequoir Announces Integration With Jack Henry’s Digital Banking Platform
