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Scale Computing Reports Record Q3 Results with 60% YoY Growth, Outperforms Targets

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Growth Accelerates as Demand for SC//Platform Surges Among Customers and Partners Seeking VMware Alternatives and Edge Computing Solutions

INDIANAPOLIS, Oct. 22, 2024 /PRNewswire/ — Scale Computing, a market leader in edge computing, virtualization, and hyperconverged solutions, today announced record growth for the third quarter of 2024. The company saw an increase in software sales of over 60 percent year over year (YoY), more than doubling its number of new customers over the same period last year. The increased demand for both VMware alternative virtualization platforms and edge computing solutions continues to drive record company growth.

“Edge computing is driving IT transformation; AI is accelerating edge computing adoption; and both channel partners and customers are hungry to move on from VMware as they make this next leap forward. Scale Computing Platform’s unmatched capabilities and ecosystem partners empower distributed enterprises anywhere in the world and across all verticals to embrace the future of edge computing, driving efficiency, compliance, and profitability,” said Jeff Ready, CEO and co-founder of Scale Computing. “Each quarter this year, we have experienced record demand and an accelerating growth rate, which now exceeds even our highest growth forecasts. With no sign of slowing down, we’re welcoming record numbers of new customers and new partners who will continue to drive growth into 2025 and beyond.”

The company continues to expand in key vertical markets, including the retail industry. Scale Computing recently announced new edge computing customer Royal Farms, operator of fast and friendly neighborhood convenience stores with 260 locations throughout Maryland, Delaware, Virginia, Pennsylvania, West Virginia, and New Jersey. The company is transforming the landscape of IT infrastructure in the retail sector by delivering a single platform for unparalleled performance, reliability, and ease of use for the deployment, management, and growth of on-premises applications like POS, IoT, pump monitoring, video surveillance, and customer experience.

In Q3, Scale Computing released Scale Computing Migrate (SC//Migrate), a new solution designed to streamline and simplify the migration process for businesses transitioning away from VMware. The company also offers an SC//Migrate Quickstart Service with expert support to further assist in the migration process. Additionally, Scale Computing unveiled its Total Cost of Ownership (TCO) Calculator tool, a free online tool for estimating the cost savings customers can achieve across specific technology categories and server models by migrating application workloads to Scale Computing Platform (SC//Platform). TCO calculation enables customers to evaluate purchasing decisions based on the comprehensive costs of owning and operating IT infrastructure over its lifecycle or other set periods of time. The company also introduced HC3450FG, new GPU-enabled hardware for data-intensive applications and AI workloads.

Other key Q3 2024 awards, recognitions, and partnerships include:

CRN recognized Scale Computing with CRN 2024 Annual Report Card (ARC) Award for the sixth consecutive year.Scale Computing recognized as a Top 5 VMware vSphere Alternative by the Data Center Intelligence Group.CRN recognized Jeff Ready and Scott Mann on its 2024 Top 100 Executives List, with Ready named the number one IT Innovator.CRN named Scale Computing’s Autonomous Infrastructure Management Engine (AIME) a finalist in the 2024 Tech Innovator Awards in Edge Computing/Internet of Things category.Gartner recognized Scale Computing as a Sample Vendor in the 2024 Gartner® Hype Cycle™ for Data Center Infrastructure Technologies.Scale Computing and Leostream Corporation announced a joint integration delivering virtual desktop infrastructure (VDI) for distributed enterprise, SME/SMB, education, and others.Scale Computing announced a partnership with WiCom Networks to deliver a VMware alternative solution to Latin American IT Markets.The Channel Company named Scale Computing to its 2024 MES Midmarket 100 list.Scale Computing was named a finalist in CRN’s 2024 Deutschland Channel Awards.CRN named Marlena Fernandez a finalist in its Women of the Year Awards.

For more information about Scale Computing, please visit scalecomputing.com.

About Scale Computing
Scale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Using patented HyperCore™ technology, Scale Computing Platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime, even when local IT resources and staff are scarce. Edge Computing is the fastest-growing area of IT infrastructure, and industry analysts have named Scale Computing an outperformer and leader in the space, including being named the #1 edge computing vendor by CRN. Scale Computing’s products are sold by thousands of value-added resellers, integrators, and service providers worldwide. When ease-of-use, high availability, and TCO matter, Scale Computing Platform is the ideal infrastructure platform. Read what our customers have to say on Gartner Peer Insights, G2, and TrustRadius.

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24X Expands Digital Assets Prime Brokerage Partnership with Standard Chartered

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Bitcoin and Ethereum to be offered alongside existing FX, NDF and Spot Trading

HAMILTON, Bermuda, Nov. 10, 2026 /PRNewswire/ — 24X Bermuda Limited (“24X“), one of a select few global platforms that offer both crypto spot and FX trading on a single, unified technology infrastructure, today announced that it has expanded its partnership with Standard Chartered to include digital assets Prime Brokerage. This expanded partnership will now enable trading in Bitcoin (BTC) and Ethereum (ETH) on 24X’s institutional-grade, multi-asset trading platform. Standard Chartered is a leading international banking group.

With this expansion, 24X becomes the first trading platform to offer both crypto and FX products with Standard Chartered acting as the central counterparty. This structure allows counterparties to face only Standard Chartered while accessing OTC liquidity through 24X, which operates the execution-only platform and handles liquidity configuration, matching and straight-through processing (STP). Globally recognized as a leading FX NDF platform and offering FX spot and swaps, 24X aims to apply that expertise to drive institutional adoption of digital assets.

24X and Standard Chartered’s Prime Brokerage business already give clients access to FX NDFs, FX Spot, FX Deliverable Swaps, FX Non-Deliverable Swaps, and Metals. Bitcoin and Ethereum trading will operate in a similar capacity. This announcement comes shortly after Standard Chartered served as liquidity taker for first spot cryptocurrency trades on the 24X platform, with Cumberland DRW and Wintermute serving as liquidity providers.

24X CEO and Founder Dmitri Galinov said, “Institutional interest in digital assets is rapidly increasing, and this expansion of our partnership with Standard Chartered will enable the 24X platform to continually meet that demand. Our crypto trading infrastructure delivers the deep liquidity, rigorous oversight, and the same seamless workflow global financial institutions have come to expect from 24X. We are proud to deepen our relationship as global markets continue to converge around digital assets.” 

24X Bermuda Limited’s cryptocurrency activity is regulated by the Bermuda Monetary Authority. 24X also offers Deliverable Swaps, Non-Deliverable Swaps, Metals and Spot products to institutional customers in addition to NDFs. Since its launch in 2019, 24X’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost. Through its subsidiary 24X National Exchange, trading in U.S. equities is available 16/5 via broker-dealers who are approved members of the Exchange.

About 24X 
24X Bermuda Holdings LLC (“24X”) is a privately held company with two primary operating subsidiaries: 24X Bermuda Limited (“24X Bermuda”), which allows seamless and cost-effective exchange of currency exposures, metals and spot cryptocurrency; and 24X National Exchange LLC (“24X Equities”), the first national securities exchange approved by the U.S. Securities and Exchange Commission (SEC) to operate 23 hours each weekday. 24X’s mission is to enable cost-effective trades across a growing range of asset classes around the clock by lowering the cost of exchanging assets in the global markets and simultaneously delivering creative and unique workflows tailored to each asset class. 24X Bermuda is a registered Introducing Broker with the U.S. Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID #0556980). 24X Bermuda and its crypto activity are regulated by the Bermuda Monetary Authority. More information is available at https://www.24exchange.com.

Media Contact: 
Eric Andrus, KARV 
24Xmedia@karv.global 

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Telecom Review Group Accelerates the Journey to 10Giga GCC with U6GHz

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DUBAI, UAE, Nov. 10, 2026 /PRNewswire/ — At the 20th edition of the Telecom Review Leaders’ Summit, held on October 20–21, 2026, at the Ritz-Carlton, Dubai Jumeirah Beach Residence, industry leaders examined how upper 6 GHz (U6GHz) spectrum and 5G-Advanced could accelerate the GCC’s journey toward 10 Gbps connectivity.

Moderated by Issam Eid, Group CMO and Partner at Telecom Review Group, the panel brought together Dr. Bilel Jamoussi, Deputy Director of ITU Telecommunication Standardization Bureau and Chief, Study Groups & Policy Department (SPD); Jawad Abbassi, Head of MENA, GSMA; Eng. Saif Bin Ghalita, Executive Director Technology Development Affairs, TDRA; Dr. Mahmoud Sherif, Head of Innovation and Technico Business Development, du; Dr. Ayman Elnashar, VP, Technology Strategy, Architecture & Innovation, etisalat; Steven Liu, Vice President of ICT Marketing and Solution Sales, Huawei Middle East and Central Asia; and Omar Samman, Head of Networks – Gulf, Ericsson.

Spectrum Policy Sets the Foundation

The UAE’s progress in commercial U6GHz deployment reflects the importance of forward-looking spectrum policy and regulatory coordination. Eng. Bin Ghalita outlined the country’s spectrum roadmap, including allocating 500 MHz in the 6 GHz band for indoor Wi-Fi in 2020 and subsequently designating 700 MHz, spanning 6.425–7.125 GHz, for International Mobile Telecommunications (IMT) in the 2024 National Frequency Plan.

These measures helped pave the way for commercial U6GHz deployments by etisalat and du. “For the U6GHz commercial launch, I would particularly like to recognize Huawei, with whom the UAE has had more than 25 years of engagement. Huawei has always delivered on its commitment,” Eng. Bin Ghalita mentioned. “This kind of collaboration is what turns our missions into tangible progress.”

Regulators must also address device compatibility and interference coordination.

“The regulator’s job does not end with spectrum assigned; it continues until the investment and the partnership translate into a better experience for society,” Eng. Bin Ghalita remarked.

The GSMA has pointed to growing international momentum behind U6GHz, with countries representing more than 80% of the world’s population now supporting mobile use of the band and more than 60 mobile ecosystem players supporting large-scale deployment. To advance the industry’s journey toward 6G, Abbassi stressed the importance of driving spectrum adoption while acknowledging and demonstrating the wider economic value of licensed U6GHz deployment.

“The licensed approach yields 7 times the economic benefits of keeping it in the unlicensed band,” noted Abbassi.

Dr. Jamoussi warned that divergent national approaches could fragment device and network ecosystems, increasing costs. “International harmonization will be essential to making advanced connectivity more affordable and interoperable,” he said.

Turning 10 Gbps Potential into Real-World Performance

U6GHz’s ultra-wide bandwidth is enabling significant advances in peak data rates, with du reporting a 10 Gbps peak data rate in a 5G-Advanced demonstration combining U6GHz and Sub-3 GHz spectrum. Dr. Sherif positioned the achievement as a milestone for the UAE’s wider telecommunications ecosystem.

“This achievement is particularly noteworthy given 5G-Advanced’s role in bridging 5G and 6G. There are so many key takeaways that we can evaluate as we pursue 6G commercialization,” highlighted Dr. Sherif.

Steven Liu identified fixed wireless access (FWA), mobile broadband, and AI-driven services as potential application areas, highlighting how U6GHz’s ultra-wide bandwidth supports higher-speed home broadband and demanding mobile applications, although actual performance will depend on network configuration and deployment conditions. Steven Liu emphasized that the industry can “bring a new level of innovative service and superior end-user experience to the market through U6GHz.”

Dr. Elnashar highlighted emerging enterprise offerings and AI-driven consumer applications. “It’s a journey that we started two or three years back with the first prototype of U6GHz in the UAE,” he remarked. “Following the trial where we demonstrated 10 Gbps downlink and uplink, I believe we are bridging the gap between wireless and fiber for the first time.”

Omar Samman highlighted rising uplink and low-latency demands from AI applications. “Uplink growth is no longer a prediction; it is already happening,” he said, noting the role of AI-enabled radio access network software and updated service-area planning.

Paving the Way for 6G Evolution

Following the panel, Allen Tang, President of Huawei’s Wireless Network & Cloud Core Network Marketing & Solution Sales, and Toni Eid, Founder of Telecom Review Group and CEO of Trace Media International, joined the panelists to officially mark the world’s first U6GHz commercial launch during an exclusive ceremony, highlighting the UAE’s progress in moving the technology from spectrum planning to commercial deployment.

The milestone underscored the region’s ambition to accelerate toward a 10 Gbps society. Achieving that vision, however, will require converged infrastructure, harmonized standards, device readiness, and sustainable investment. These factors will determine how effectively the GCC translates U6GHz potential into real-world connectivity and supports the transition to 6G.

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Blue Planet Strengthens Singapore-India Partnership with Uttar Pradesh Waste Infrastructure Agreement

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SINGAPORE, Nov. 10, 2026 /PRNewswire/ — Singapore-headquartered Blue Planet Environmental Solutions has signed a memorandum of understanding with the Government of Uttar Pradesh to advance integrated waste management infrastructure, marking a further step in Singapore–India collaboration on sustainable urban development.

The agreement establishes a framework for collaboration across scientific landfill remediation, fresh municipal solid waste processing and resource recovery. It reflects a shared focus on addressing accumulated waste while strengthening the infrastructure needed to manage the demands of urban growth.

The signing took place in Lucknow during a high-level Singapore Business Federation (SBF) delegation’s engagement with Hon’ble Chief Minister Shri Yogi Adityanath and senior government officials. Led by SBF Chairman Mark Lee, the visit built on dialogue following the Chief Minister’s visit to Singapore earlier this year, reinforcing business ties between Singapore and Uttar Pradesh.

For Blue Planet, the agreement represents an opportunity to bring its integrated waste management expertise to the state’s evolving environmental priorities. By connecting remediation with fresh waste processing and resource recovery, the collaboration aims to support a more coordinated approach to municipal waste management, enabling the productive use of recovered materials and land while reducing reliance on disposal.

Prashant Singh, Co-Founder & CEO, Blue Planet Environmental Solutions, said:

“Waste infrastructure is fundamental to how cities grow. Addressing legacy waste and managing the waste generated today must go hand in hand, supported by systems that recover resources and serve communities over the long term.

“Uttar Pradesh presents a significant opportunity to put this integrated approach into practice. This agreement deepens our commitment to the state and provides a foundation for sustained collaboration. We thank Hon’ble Chief Minister Shri Yogi Adityanath Ji and his team for their engagement and support, and look forward to bringing our operational expertise and execution capabilities to this shared ambition.”

The engagement underscores the growing scope for Singapore businesses to contribute specialised capabilities to India’s infrastructure development. Environmental services offer a meaningful avenue for such cooperation, bringing together international experience, local understanding and long-term operational partnerships.

Mark Lee, Chairman, Singapore Business Federation, said:

“Strong business relationships create the foundation for long-term cooperation between Singapore and India. Our continued engagement with Uttar Pradesh is helping businesses better understand the state’s priorities and identify where their capabilities can make a meaningful contribution.

“Blue Planet’s agreement illustrates how these relationships can translate into collaboration in an essential sector such as environmental infrastructure. We appreciate the engagement of Hon’ble Chief Minister Shri Yogi Adityanath Ji and his government, and look forward to supporting partnerships that deliver enduring value.”

Blue Planet will continue working with the relevant authorities to advance the collaboration in line with local requirements. The company’s focus will be on applying its remediation, treatment and resource recovery capabilities to support more resilient municipal waste systems and Uttar Pradesh’s broader development objectives.

About Blue Planet Environmental Solutions

Headquartered in Singapore, Blue Planet Environmental Solutions is an integrated waste management company with capabilities across the waste value chain. Its solutions span legacy waste remediation, municipal and industrial waste management, recycling and resource recovery, e-waste management, and organic waste and bioenergy. Blue Planet works with governments, municipalities and businesses to advance circular resource use and its mission of Zero Waste to Landfill.

For more information, visit www.blueplanet.asia.

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SOURCE Blue Planet Environmental Solutions

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