FREMONT, Calif.–(BUSINESS WIRE)–Aug. October 2022–
Seagate ® Technology Holdings plc (NASDAQ: STX), a leading global provider of storage infrastructure solutions, today announced the launch of the Lyve™ Cloud Analytics Platform, a complete cloud-based analytics solution that includes storage, compute, and analytics to help Lyve Cloud customers to reduce total cost of ownership (TCO) and accelerate time to value with their DataOps and MLOps (Machine Learning Operations). Seagate adds analytics capability to the most frictionless cloud storage, enabling organizations to enable their stored data in an open data lake architecture for petabyte-scale analytics, further reducing time to implementation and innovation compared to other available solutions up to 40% cost savings brings offers on the market.
In today’s datasphere, multicloud has become a common enterprise cloud strategy, but complex data access challenges and unpredictable costs hinder optimal data utilization. These challenges pose even greater hurdles for data-intensive industries, where organizations rely heavily on the vast amount of data collected to train their data analytics, AI, and machine learning systems. According to research firm Gartner, only 53% of AI projects reach prototype production due to a lack of the right tools to scale.
Leveraging its own leading manufacturing experience, Seagate offers pre-configured, full-stack analytics code solutions for time series, tabular data management, and image analysis along with included professional services that can drastically reduce the time to implement analytics in a 12,000 to 12,000 year production environment -18 months to less than 4 months.
“With the increasing use of data analytics and AI to drive greater efficiency, sustainability, and innovation for business growth, the launch of the Lyve Cloud Analytics platform has been the most requested feature for Lyve Cloud,” said Ravi Naik, chief information officer and executive vice president, storage Services for Seagate. “Through the Lyve Cloud Analytics platform, we enable our customers to break down data silos and harness the power of data. We believe that the platform with our professional services will facilitate decision-making and lead to higher efficiency, faster innovation and business growth in the long term.”
As one of the largest data storage manufacturers, Seagate also had to equip itself with the right cloud infrastructure. Every day, Seagate’s seven major AI-enabled manufacturing facilities around the world generate over 50TB of imagery and parametric data that is added to the 15PB data lake and made available for analysis.
“As Seagate strives for best-in-class quality and efficiency, we have invested heavily in analytics and AI. One of the biggest improvements is in our wafer fabrication process, where we have successfully removed some of the tens of thousands of steps throughout the manufacturing process,” said Sthitie Bom, senior engineering director at Seagate Technology. “In two years, using the analysis framework developed by the Seagate team, we have increased the number of skippable sampling steps by 150%, which has allowed us to significantly reduce wafer cycle time. We anticipate a further tripling as our analytics framework evolves within the Lyve Cloud Analytics platform over the coming years, resulting in significant capital savings.”
The Lyve Cloud Analytics platform will benefit companies in manufacturing and other industries with multi-petabytes of data, including semiconductor, healthcare, retail, energy and more. The preconfigured, full-stack offering in partnership and integration with various leading analytics and computing providers offers companies an intelligent and ready-to-use solution to innovate and grow their business.
Learn more about Seagate’s Lyve Cloud Analytics Platform here.
Seagate Technology shapes the datasphere and helps maximize human potential by developing best-in-class, precision-engineered storage and management solutions with a focus on sustainable partnerships. The company has been a global technology leader for more than 40 years and has delivered over three billion terabytes of data capacity. Learn more about Seagate by visiting www.seagate.com or by following us TwitterFacebook, LinkedIn, YouTube and our blog.
©2022 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Lyve Cloud and the Spiral logo are registered trademarks of Seagate Technology LLC in the US and/or other countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221011005215/en/
CONTACT: Greg Belloni
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEY WORD: TELECOMMUNICATIONS INTERNET AUDIO/VIDEO ARTIFICIAL INTELLIGENCE DATA MANAGEMENT TECHNOLOGY VOIP SEMICONDUCTOR
SOURCE: Seagate Technology Holdings plc
Copyright Business Wire 2022.
PUB: 10/12/2022 00:00 / DISC: 10/12/2022 00:02