CapRE’s Data Center Industry Round Up for October 1

Check out the latest in deals, development and disruptive technology in the data center space for October 1, 2018:

  • Amazon CloudWatch Brings in Custom Metrics Support: Amazon CloudWatch Agent grants the ability to publish custom StatsD or collectd metrics to CloudWatch. Businesses can utilize these custom metrics to make alarms for triggering notifications and auto-scaling actions or save them to dashboards for rapid viewing in CloudWatch. CloudWatch Agent allows companies to publish and keep custom StatsD and collectd metrics for up to 15 months in CloudWatch. Businesses also select to publish these custom metrics to an account other than the resource account where the agent is collecting metrics, such as a central monitoring account. The CloudWatch agent is available in all AWS public regions, including AWS GovCloud. 
  • VW Amps Digital Move Forward Linking Cars Through Microsoft Cloud: Microsoft Corp. and Volkswagen AG are planned to sign an agreement to use the Microsoft’s cloud technology to link VW’s vehicle fleet. VW will provide all of its digital offerings through Microsoft’s Azure software, according to a joint statement. By 2020, greater than 5 million new cars per year will link utilizing the software. The two companies kept the value of the agreement confidential. VW Chief Executive Officer Herbert Diess, said, “The strategic partnership with Microsoft will turbocharge our digital transformation. We will play a key role in shaping the future of auto-mobility.” Insiders comment that Microsoft is making an effort to surpass market leader Inc. in selling services that run cloud applications and store data for customers.
  • data center summitRipple Will Head New Cryptocurrency Coalition in US: Ripple is expected to head a group of crypto startups that seeks to lobby lawmakers and regulators on cryptocurrencies and blockchain, according to Bloomberg reports. Furthermore, the coalition will pay Klein/Johnson Group, a bipartisan lobby shop that concentrates in technology and financial services issues. Securing America’s Internet of Value Coalition strategizes to make an effort influencing government position on crypto industry while Congress and agencies like the Securities and Exchange Commission are considering federal rules that should apply to digital tokens and the blockchain technology that underlies them. Chris Larsen, executive chairman of Ripple, commented that this industry “is really complicated, and there is a lot of misinformation out there but the good news is there is a lot of interest in this topic in D.C.”
  • Japanese Cryptocurrency Industry Group Strategizes Rule Tightening on Asset Management to Combat Theft: According to informed sources, the Japan Virtual Currency Exchange Association will set a limit on the amount of digital currencies managed online in response the latest hack attacks. They said that the ceiling is expected to be around 10 to 20 percent of customer deposits. The industry group will shortly review the self-imposed rules, created in July, and implement them once it is certified by the Financial Services Agency according to the payment services law. In the recent hacking case, about ¥7 billion worth of cryptocurrencies were taken from an exchange run by Tech Bureau Corp., an Osaka-based startup. The stolen funds were managed online, with about ¥4.5 billion belonging to customers.
  • Oklahoma Duo Arrested for $14 Million Cryptocurrency Theft: Local media reported that Oklahoma police arrested two men who reportedly stole millions of dollars from a California-based cryptocurrency company, Crowd Machine. Fletcher Robert Childers, 23, and Joseph Harris, 21, of Missouri, were arrested on suspicion of grand theft, a first-degree felony, and identity theft, a Class C misdemeanor. According to Oklahoma state laws, if charged for both, the two could receive up to 35 years of prison time. Court documents filed by Crowd Machine accused the Childers and Harris of swapping the victim’s mobile sim card with a fake to steal his identity and phone number. That allowed Childers and Harris to compromise a cryptocurrency wallet registered with the stolen sim and lift $14 million worth of CMCT tokens.