George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Very good point. It seems with the recent re-contracting of Cemex one of their 1st Edgility customers and now this new deal you would think the market would react more positively. I would still bet when the market does wake up there will be a violent upward share price movement. What and when will be the tipping point is the question.
I've also bought a few more (not a great deal) in the last 2 weeks. Still well under water though at present. As far as I can see we need 3 things to happen in the short term to move this on up. 1. Ceasefire - though this has nothing to do with BATM, it doesn't help with general sentiment. 2. Another Edgility order from a new client 3. Disposal of 1 or more non core businesses. The disposal(s) will allow market focus on the 3 core areas: Networking edge, cyber and diagnostics
In yesterdays EdgeIR.com industry review the leading magazine in the sector.
https://www.edgeir.com/telco-systems-edgility-bringing-the-cloud-experience-to-the-edge-20240313
That investor presentation was full of potential rocket fuel for the SP. Very clear timelines on deployments/commercialisation of their IP in their core businesses
Quite frankly it is a little irritating to hear others taking advantage of the price dip. All my funds are tied up at the moment and I will miss out. Rant over. I just don't think there will be another opportunity like this presented again.
You'll be back...
Saw on social channels that Moti is in London today meeting investors and looking surprisingly cheerful.
I haven't added recently as I am super stretched at the moment. If I had spare funds I wouldn't hesitate.
Marybr source of article?
Extracts from Forbes article over weekend:
As the number of connected devices continues to rise, edge computing has a chance to prove itself as a pivotal technology, fundamentally reshaping how we approach the processing and analysis of data. It’s already catching the eyes of experts, as its global value is projected to reach $317 billion by 2026. By the same year, the network edge data centers may grow to just under 1,200 from approximately 250 in 2022.
In contrast to traditional cloud computing, edge computing positions data processing closer to the point of data generation, thereby substantially decreasing latency and improving overall efficiency. It may be crucial when real-time processing and decision-making are integral to industries ranging from healthcare to autonomous vehicles.
As with every major technology, edge computing comes with unique challenges. To benefit from its advantages, we need to overcome certain obstacles. Some of the main concerns include the security and privacy of vast amounts of data transmitted and processed, as well as the initial cost it involves. Although it can ultimately help reduce the costs of operations and other processes, it may require a significant investment at the adoption stage.
You must weigh the advantages against your concerns and decide how and to which extent adopting edge computing technology can contribute to your business. Undoubtedly, it can be a real game-changer across industries, and we can only expect its significance to grow in the coming years or even decades.
Hoping this share will exit its slumber soon. Year end results will obviously provide a boost but that is still a while away. Contract news due soon as we are well overdue positive news.
Need a surge of positive sentiment too. Or the whiff perhaps of interested parties making approaches for divisions. Cyber, edge or med diagnostics...
Spotted this somewhat lengthy article last week by Telco’s Chief Product officer, shown below Why hyperscalers can’t make the cut Dec 6, 2023 | Ziv Koren
First was on-premises
Once upon a timethe digital world was defined by on-prem software. It was the backbone of our operations, but it came with a host of challenges. Deployment was cumbersome, updates and patches meant extensive downtime, and security was hard to establish and even harder to maintain.
And then came the cloud
The cloud was a game-changer. Now you could update your software as often as needed, keeping your customers happy with new and improved features hot out of R&D ovens.
Enter: The edge
The managed edge holds the promise of extending the convenience of cloud computing, to on-prem computing, so essentially you get the best of both worlds. Software deployment, updates, maintenance, and scaling become simpler and easier to handle, yet compute stays closer to your users and your data, which means you get real-time insights and smarter decision-making right where you need it.
But, for on-prem to become a managed edge and truly fulfill its potential, it must be reliably connected to the cloud (at least part time) – a vital link that adds a layer of management complexity and cost.
So how do hyperscalers fail at the edge?
Let’s look at the cost of managed hardware. When deploying to the cloud we’re usually unaware of the physical hardware costs, but deploying on the edge can easily translate to hundreds of sites and thousands of compute devices. When multiplying these numbers by the cost of managed hardware configurations offered by Azure, AWS, and GCP the numbers will make your CFO cry.
You need reliable, guaranteed, and secure connectivity that connects your edge compute to your cloud backbone. Hyperscalers simply take that as someone else’s problem.
A concrete use case
Now, let’s put theory into practice with a real-life example. Think about a massive ready-mix concrete manufacturer with global operations. Their challenge was that each customer or construction project has their own special formula for the mix, and the mix has to be ready in time for the cement truck pickup. They decided to go for a virtualized approach and looked for a solution that would enable them to deploy the AI models on cheaper white- box servers and to manage both on-prem network and compute from a single hub.
The manufacturer gained control of their network and simplified the complexity of managing thousands of edge compute devices across multiple sites. While achieving smooth and secure connectivity is crucial, hyperscalers, while excelling in cloud deployments, fall short at the large-scale edge. The connected edge doesn’t have to be complex and costly. Opting for a unified solution, that combines secure, robust connectivity with white-box flexibility, and simplifies the mess of managing at scale, proves pivotal in achieving a cost-effective and efficient edge. Ziv Kore
Seems the stock markets are starting to wake up including tech and Cyber. Hoping this filters down to us soon. Lets face it we deserve some Christmas spirit...
Telco Systems to transform the edge with the launch of Edgility r6
Dec 4, 2023
Telco Systems has introduced Edgility release 6 (r6), a solution that aims to harness the power of Kubernetes and containers to create an intelligent edge.
According to the company, organizations can build and operate virtual networks with edge devices and application schemes using the technology, empowering enterprises, communications service providers and system integrators.
Edgility now supports Kubernetes, Docker and Kubevirt agents at the edge, enabling the deployment and execution of workloads with containers and virtual machines across the edge continuum, Telco System notes.
The company says Edgility enhances Kubernetes to address the challenges of managing and scaling edge applications, allowing global organizations and service providers to standardize application delivery and unlock new possibilities.
With an active-active high-availability cluster, it offers uninterrupted operations in demanding scenarios. Telco notes that the release enhances edge deployment with a user-friendly visual experience for workload design.
According to Ziv Koren, the chief product officer at Telco Systems, the platform builds upon the experience of Telco Systems with large-scale edge deployments.
“Edgility r6 fully represents our commitment to delivering cutting-edge solutions that simplify and optimize the edge, enabling businesses to remain competitive in an ever-evolving landscape,” adds Koren.
Edgility uses AI accelerator support to integrate AI-based business applications and network functions in a single workload. The company says this connection between the edge and the cloud/data center optimizes computing resources, boosting the operational efficiency of the intelligent edge.
Telco Systems also recently received the “Best Business App Deployment & Lifecycle Management Platform 2023” award from The Business Concept for its Edgility platform.
The Business Concept award acknowledges businesses for their ongoing excellence in specific domains.
Edgility is an edge computing platform that provides a dual-purpose solution for deploying and managing edge devices. With Kubernetes integration, Telco says it enables versatile workloads by combining containers and virtual machines for enhanced flexibility and efficiency. With multi-tenancy support, the company claims the platform offers secure data separation and improved data security.
SP currently in a holding pattern. We need the Ground war in Gaza to conclude.
Mary I have been building too. But now have to park anymore buys due to other priorities. I have no doubt that in the LT this stock will pay substantial rewards. However it would be good to experience the start of the upward trend sooner rather than later for me to keep the faith.
Does seem that way today
Pleased to see a bit of positive volume. Maybe have turned the corner. Hope further contract announcements keeps this momentum going.
Although I agree with you that the stock is being shorted, I dont believe it is on a massive scale. It is low level shorting probably by PI's, which disproportionately impacts the stock SP in a very low volume and poor market sentiment environment. We see the avatars of some of the shorters here and on another board making wild, ill informed comments after they place their bets. They might win for a week or two, but a stream of new contract announcements will dismantle their positions.