Datacom has signed an exclusive agreement with Cambridge-based advanced software company Nyriad to bring blockchain-enabled storage to Australia.
Terms of the agreement will see the Kiwi companies join forces to develop and deploy a next-generation computational storage solution, designed to provide “secure, collaborative processing” of data for Australian customers.
The platform and services are being developed by Nyriad and incorporate advanced GPU-accelerated storage and blockchain technologies.
“Our interest in Nyriad is the value we can add to our customers by combining the transformational power of Nyriad’s technology with our cloud services,” said Jonathan Usher, managing director of products and marketing at Datacom.
“The agreement between Datacom and Nyriad is one of a number of initiatives we have in progress with the start-up community through our ongoing work on market partnerships.”
Usher said the services will enable government, academia and private sector organisations to securely share resources, allowing “collaborative data analysis” while adhering to privacy and security standards.
“Our customers will not only be able to transform and analyse their data on Nyriad’s data fabric, additionally they will have a full real-time audit trail ensuring that the data has not been tampered with in any way, which is particularly important for medical, judicial and government data,” Usher added.
“The technology also greatly reduces the cost of the infrastructure required to store data, increases the speed that data can be written (and retrieved) and reduces power consumption by up to 60 per cent as compared to traditional storage solutions.”
Datacom will work with Nyriad to implement the platform for selected Australian pilot customers with the intention of a full commercial roll out during 2020.
“Datacom is a tremendous partner for us,” added Matthew Simmons, CEO of Nyriad. “They have great technical smarts and cloud capabilities, an appetite for discovery and share our vision for the future of the data centre.
“Our products directly disrupt the existing cost and power consumption equations of cloud-scale data centres, delivering immediate and lasting value to our customers.”
According to Dr Todd Papaioannou - field CTO at Nyriad - the platform provides “vast amounts” of processing capacity when compared to traditional storage solutions.
“Our next-generation data fabric harnesses the power of the GPU to deliver breakthrough storage performance,” Dr Papaioannou added. “And that’s where things start to get interesting.
“The massive processing capacity of the GPU allows us to run artificial intelligence and machine learning models directly on the storage, as well as advanced cryptographic encryption with a blockchain audit ledger in real-time.”
The agreement comes 10 months after Revera also joined forces with Nyriad, this time to drive blockchain adoption across New Zealand Government departments.
As reported by Reseller News, the partnership is designed to create an offering capable of allowing agencies to manage sensitive data using blockchain digital ledger technology.
The pilot launched in December 2017 following three years of testing and development, allowing government organisations to test data sets using Nyriad’s real-time blockchain software platform delivered from Revera’s AoG-certified Homeland Cloud.