Entries by Solace

Solace Expands Executive Leadership Team to Support Company Growth

New executives to lead expansion into new geographies and industries through marketing, business development and legal functions

OTTAWA, Nov. 15, 2017 – Solace, the leading provider of open data movement technology, announced today that it has added three executives to its leadership team: Mychelle Mollot as Chief Marketing Officer, Alex Kilgour as Chief Legal Officer, and Paul Fitzpatrick as Executive Vice President of Business Development.

“Solace is focused on expanding to new markets and industries, which starts with leadership,” said Les Rechan, President and CEO of Solace. “With Mychelle’s expertise in driving marketing programs, Paul’s experience leading enterprise software strategy, and Alex’s experience with complex legal matters, our executive team is ready to lead Solace to new heights.”

Mollot joins Solace with over 20 years of experience leading marketing initiatives for companies including SaaS analytics firm Klipfolio and IBM, where as CMO for the Websphere and Business Analytics divisions she launched the Smarter Analytics component of IBM’s Smarter Planet initiative.

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Solace Facilitating Adoption of Advanced Message Queueing Protocol Standard

Robust Support for AMQP 1.0 Standard and Development of an Open Source API
Demonstrates Commitment to Supporting Community-Based Evolution of Standard

Ottawa, Ontario, November 2, 2017 – Solace, the leading provider of open data movement technology, announced today several developments in its campaign to support the rapidly accelerating market adoption of Advanced Message Queueing Protocol (AMQP) 1.0, an open standard for passing business messages between applications and organizations. AMQP frees companies from vendor lock-in at the data distribution layer by providing a standards-based way of reliably transmitting information between diverse applications within and between enterprises, powering microservices, and feeding process and analytics engines the information they need.

“As more companies migrate applications to cloud and hybrid environments, more people are realizing how important it is to eliminate the risk of lock-in so they can maintain complete flexibility in their distributed application infrastructure,” said Solace CTO Shawn McAllister. “That’s why the time is right for mass adoption of standardized messaging protocols and APIs as companies stream real-time data between applications and enterprises, and AMQP is the natural choice for inter-application messaging, much like MQTT has emerged as the protocol of choice for the Internet of Things.”

Solace has added support for AMQP 1.0 to its Virtual Message Router product, enabling customers to easily send and receive messages via any message exchange pattern or quality of service.

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Cobalt selects Solace for data delivery on FX post-trade processing network

FX industry experts leveraging blockchain-inspired distributed ledger technology to cut cost and risk for FX market participants

Ottawa, Ontario, October 19, 2017 – Solace, the leading provider of open data movement technology, announced today that Cobalt, which aims to reduce the cost, risk and complexity of FX post-trade processing, is using Solace to facilitate the event-driven flow of information.

“By harnessing the relevant elements of distributed ledger technology, our private network significantly reduces post-trade cost and risk for financial market participants,” said Cobalt CEO Andy Coyne, who has been at the forefront of FX technological innovation for over two decades. “FX is a high speed, high throughput market, and Solace plays a mission-critical role by guaranteeing the rapid, reliable delivery of massive amounts of information.”

Cobalt’s solution combines best-of-breed technologies to create a robust, cost-effective post trade processing service.  Solace enables the fast, efficient, guaranteed delivery of information, acting as a buffer for high rates of inbound messages.

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Solace Boosts Market-Leading Performance to Meet Needs of Most Demanding Hybrid Cloud and IoT Applications

New Products Enable Extreme Performance for Customers Requiring Very High Capacity and Hybrid Architecture that Spans Public and Private Clouds

Ottawa, Ontario, May 23, 2017 – Solace, the leading provider of open data movement technology, announced today a new version of its Virtual Message Router (VMR) software and two hardware blades for its market leading 3560 appliance. The new products increase the already best-in-class performance of Solace’s open data movement platform, which lets applications and devices exchange data across clouds and datacenters using open APIs and protocols including JMS, MQTT, AMQP, REST and WebSocket.

“To power next-generation big data, e-commerce and Internet of Things applications, companies are turning to distributed applications made up of cloud-based microservices, which makes the real-time movement of data across clouds mission-critical,” said Shawn McAllister, Solace CTO. “These enhancements to our open data movement platform meet the needs of our demanding customers whether they’re horizontally scaling VMR software in public clouds, vertically scaling appliances in private clouds and legacy datacenters, or taking a hybrid approach that we uniquely enable.”

Version 8.2 of the Virtual Message Router improves upon the VMR’s already industry-leading guaranteed messaging performance by increasing throughput to 640,000 guaranteed messages per second in fan-out scenarios and 80,000 guaranteed messages per second when routing messages on a 1:1 basis.

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“Industry 4.0” is Driving Event-Driven Architecture to the Forefront of Modernization in Europe

The term “industry 4.0” originates from a German government initiative focused integrating the manufacturing industry with internet technologies.

The initiative aims to accelerate the integration of next-generation technologies like big data, cloud, high-performance computing and the Internet of Things with advancements in areas like artificial intelligence, autonomous systems, and 3D printing. It aims to achieve this goal by fostering public-private partnerships, encouraging interoperability standards, and reducing or removing outdated regulatory restrictions.

The concept of this “digital transformation” of manufacturing has spread to include many industries such as logistics and transportation, oil and gas exploration, building maintenance, utilities, traffic management and even healthcare. The concept has caught on in a big way, as shown by this map that highlights a number of industry 4.0 initiatives, some of which refer to the trend as “Smart Industry.”

Whatever it’s called, the effects will be far ranging on both businesses and consumers as companies modernize through embracing these transformational technologies.… Read the rest

Solace and Yenlo Partner to Enable Digital Transformation for Enterprises

Integration leader focused on modern development environments is working with data movement leader to help companies adopt more reliable, scalable and agile business systems

Ottawa, Ontario, Canada / Schiphol-Rijk, The Netherlands, April 12, 2017 — Solace, the leading provider of open data movement technology, and Yenlo, an integration specialist focused on the implementation of modern open source technologies, announced today a partnership aimed at helping companies of all sizes embrace the digital transformation of their business processes.

Yenlo’s expertise working with popular modern technologies like WSO2, MongoDB, Hadoop and Apache Spark, and Java technology in general, complements Solace’s unique value proposition as the leader in open, scalable data movement technology. Embracing the use of these varied open source technologies with a flexible microservices-based architecture that spans clouds and datacenters makes integration and data movement between services a critical success factor for all enterprises. If data can’t flow, the business can’t function.

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Solace and FIX Flyer Offer Joint Solution that Improves Performance and Predictability of FIX Trading

Pairing of FIX Engine with Open Data Movement Enables Very High Throughput with Deterministic Latency

Ottawa, Ontario, March 15, 2017 – Solace, the leading provider of open data movement technology, and FIX Flyer, a leading provider of securities trading technology, announced today a joint solution that helps asset managers, broker dealers, exchanges, and proprietary trading shops improve the performance and predictability of their FIX-enabled trading platforms. A leading regional broker in Latin America has been using the joint solution in production for a year, and several broker dealers are evaluating the solution.

“We’re proud to partner with FIX Flyer because their commitment to customers is unparalleled. Their founders have first-rate reputations in the financial services industry and have passed their passion for customer service on to a staff of tenured FIX experts,” said Denis King, SVP of Alliances and Global Operations at Solace. “They offer extremely fast time to market so customers are up and running right away, and local support around the world to ensure they stay that way.”

“The combination of our FIX engine and Solace’s fast and reliable messaging gives clients robust FIX connectivity with deterministic routing latency and high throughput, with a ‘zero garbage collection’ architecture that eliminates the risk of performance degradation over time,” said Randy Prager, CTO at FIX Flyer.

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Can Blockchain Secure the Internet of Things?

In December, a group of companies interested in using blockchain as a tamper-proof method in IoT applications held a meeting, New Horizons: Blockchain x IoT Summit, in Berkeley, California. The goal was to define the scope and implementation of a “smart contracts” IoT protocol layer. This consortium includes startups like Ambisafe, BitSE, Chronicled, ConsenSys, Distributed, Filament, Hashed Health, Ledger, Skuchain, and Slock.it, along with a few large companies like BNY Mellon, Bosch, Cisco, Gemalto and Foxconn.

The consortium agreed thatsecurity, trust, identity and registration and verification would be the cornerstones of any common protocol, while also acknowledging the need for integration and interoperability across multiple chip types, communication protocols, proprietary platforms, cloud service providers, and blockchain systems.

Currently participation in the group is voluntary without any formal membership or governance structures, emphasizing fast-moving open source collaboration.… Read the rest

AT&T and GE’s Current are Layering New Smart City Services on Existing Infrastructure

On February 27th, AT&T and Current, an in-house startup within GE, announced a joint initiative to connect more cities to the Internet of Things (IoT). As an early example of this partnership, they’re upgrading the existing city-wide lighting infrastructure of San Diego to LED lights,  and using that upgrade as an opportunity to add a new set of sensors that will let them optimize traffic flow and parking availability, triangulate the location of gunshots, and monitor air quality and weather emergencies in real-time.

It’s a clever use of existing infrastructure to save time and money as they bring advanced services to market, with AT&T filling the gap to connect everything up. AT&T’s LTE wireless network will provide the connectivity,  Current will supply the sensors and services to integrate with existing infrastructure, while Intel’s Atom® Processor E3900 and Wind River software will run analytics and extract meta data.… Read the rest

SL Enhances Products with Ability to Monitor Solace VMRs

The application resource monitoring software company SL recently announced a new version of RTView Solace Monitor that extends the monitoring of Solace environments to include not just appliances, but Virtual Message Routers. In the words of SL COO Ted Wilson, “as Solace enables customers to expand their infrastructure into the cloud, we want to be sure RTView is ready to meet the needs of messaging across hybrid computing environments.”

Solace Monitor provides several pre-built monitoring displays and pre-configured alert thresholds designed to get you up and running quickly with no agents and no programming required. Now users can get real-time visibility into all aspects of their message routers including VPNs, bridges, clients, endpoints, capacity analysis, Syslog and alerts. And RTView’s distributed architecture intelligently handles global deployments without flooding network bandwidth.

As enterprise applications move to public clouds or get deployed across hybrid clouds, middleware deployments get far more complex and end-to-end application monitoring becomes crucial.… Read the rest