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AVM Cloud: Multi-cloud Environments the Way of the Future

AVM Cloud: Multi-cloud Environments the Way of the Future Published A - Srinivas Rao, Chief Strategy Officer of AVM Cloud Sdn Bhd, believes that the future of cloud computing lies in the use of multi-cloud architectures. “Currently, businesses use the public cloud to scale their existing IT resources on demand, without committing to expanding their physical IT infrastructure, or for their storage needs. Using the public cloud can save businesses money through lower equipment purchase and maintenance costs,” said Srinivas. “However, using the public cloud as part of a hybrid cloud architecture allows them to have the benefits of the public cloud, while also maintaining the different benefits that come with on-premises architecture and private cloud options,” he added.

Source: Ancom in bid to fully acquire Nylex | Money

Wednesday, 28 Apr 2021 12:53 PM MYT BY JERRY CHOONG Ancom s latest closing share price stood at RM1.68 for a market capitalisation of about RM406.16 million while Nylex s latest closing share price stood at 90.5 sen for a market value of about RM162.26 million, prior to the suspension. Picture by Azneal Ishak Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 28 Ancom Berhad has offered to purchase all of Nylex (Malaysia) Berhad s assets and liabilities, increasing its stake in the company. The Edge reported a source familiar with the plans as saying that a letter of offer has been issued to Nylex s board of directors to purchase 100 per cent of its assets and liabilities.

TIME dotCom acquires controlling stake in AVM Cloud

TIME dotCom acquires controlling stake in AVM Cloud in Time dotCom 07/01/2021 Comments Off on TIME dotCom acquires controlling stake in AVM Cloud TIME dotCom Berhad, a Telecommunication provider in Malaysia, has acquired a controlling stake in AVM Cloud Sdn. Bhd., a private cloud computing provider. In a media statement, TIME dotCom said that this acquisition signals its efforts in accelerating the growth of cloud computing as the newest pillar of its business, alongside fixed line services, global network connectivity and data centres. With the inclusion of AVM Cloud in the TIME family, the company now possesses a full spectrum of product offerings that can meet the needs of its enterprise customers across the region.

Local authorities the biggest obstacle to internet infrastructure rollout in Malaysia, says telco CEO | Malaysia

Friday, 18 Dec 2020 10:56 PM MYT BY IDA LIM The Malaysian Communications and Multimedia Commission is seeking to encourage state governments to make telecommunications a third utility. Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Dec 18 Local authorities and bureaucracy sometimes hold up the progress in the installation and rolling out of the necessary infrastructure for internet connectivity in Malaysia, while individuals seeking to make a cut financially also hamper the pace of strengthening digital connectivity, the CEO of a telecommunications firm said today. Afzal Abdul Rahim, CEO of TIME dotCom Berhad, asserted that political will at the state level is also closely tied to “ancillary business ambitions”, saying that such business interests may come into play even as the Malaysian Communications and Multimedia Commission (MCMC) seeks to encourage state governments to make telecommunications a third util

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