Seagate’s cloud storage services and data-harnessing solutions are now available for businesses and start-ups in Singapore to accelerate growth in the digital economy.
“Lyve Cloud and Lyve Labs represent Seagate’s evolution to serve mass data ecosystems. With Singapore being a hub for regional and global industry-leading businesses, innovators and disruptive startups, it was a natural choice for us to bring these offerings to Singapore. I am delighted to mark Seagate’s 40th anniversary in Singapore with these transformative platforms,” said Dave Mosley, Seagate CEO.
Seagate Technology Holdings, a world leader in data storage infrastructure solutions, announced today the launch of its Lyve Cloud and Lyve Labs in Singapore.
Lyve Cloud is Seagate’s premiere cloud storage-as-a-service platform and Lyve Labs is a collaborative innovation hub to create solutions that harness the flow of data.
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“Seagate has been a major contributor to our Electronics sector for the last 40 years. The decision to establish Singapore as the first country in the region for its Lyve Cloud business and Lyve Labs innovation centre is a continuation of this long-standing partnership. Through Lyve in Singapore, Seagate will deliver greater value for industries in the digital economy via its innovative edge storage solutions coupled with high-capacity converged infrastructure for cloud storage,” said Dr Beh Swan Gin, Chairman of the Singapore Economic Development Board.
Choosing Singapore as the first market in Asia to launch its cloud storage platform and innovation centre, Seagate aims to support the nation’s digital-first vision to transform Singapore through technology and accelerate the growth of its expanding digital economy along with those in Southeast Asia.
Hosted at The Shugart, the launch event was attended by Dr Beh Swan Gin, Chairman of Singapore Economic Development Board.
More details below from the press release.
Lyve Cloud Removes Barriers to Put More Data to Work
According to Seagate’s Rethink Data report, enterprises struggle with leveraging their data efficiently and as much as 68% of the data available to enterprises is not utilised.
“The launch of Lyve Cloud in Singapore will benefit businesses with access to Seagate’s cloud solutions and equip them with true multi-cloud flexibility, world-class security, and long-term cost predictability. Lyve Cloud empowers businesses to manage and transfer mass data easily, rapidly and securely across various storage environments to accelerate their digital transformation and innovation agendas,” said Ravi Naik, Seagate’s executive vice president of storage services and CIO.
Lyve Cloud aims to reduce the cost and complexity of storage infrastructure that prevents organizations from making full use of their data.
By using Lyve Cloud in scenarios such as data analytics, data repository for content collaboration, and backup/disaster recovery, organizations can break the silos of data in different systems and technologies, activate the data for business, and save over 70% of their storage costs.
Lyve Cloud, since its launch in the United States in 2021, has been trusted by many partners and customers for its simple, trusted, and efficient features.
Lyve Cloud now has over 50 companies in its ecosystem network, including industry leaders such as Zadara, Equinix and PacketFabric, collaborating with Seagate to help businesses to fully utilise their cloud infrastructure.
Lyve Labs Singapore Aims to Drive Data-Harnessing Innovations in Business Scenarios
Seagate chose Singapore for its first Lyve Labs expansion into Asia. Lyve Labs brings together aspiring innovators and startups to develop data-harnessing solutions for customers and foster collaboration to create forward-thinking technology solutions that would benefit the broader community.
The innovation lab will enable startups to build mass data management infrastructure with Lyve Cloud at its foundation, arming their data operations with high availability, cost predictability and cloud flexibility.
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The event also saw a panel discussion featuring industry leaders from Equinix, Lattice, and PacketFabric who shared their views on building scalable and interoperable mass data infrastructure to help enable the digital economy.
Together with the labs in Israel and the US, Lyve Labs Singapore will connect Singapore’s technical talent with other like-minded innovators globally seeking to effect positive change on the world.
As part of its effort to provide simple, secure, and efficient ways to work with exabytes of data to Singapore’s startup community, Lyve Labs Singapore will be introducing a series of nurturing programmes.
This will include Lyve Cloud for Startups, The Innovator of the Year Award and a series of webinars and events. Lyve Labs will also help startups connect with technical experts and innovators to build proof-of-concept (POC) solutions.
Tags: cloud, EDB, Equinix, launch, Lyve, offices, Seagate, Singapore