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Research by University of Surrey and Arqit reveals Quantum Threat to Digital Assets – Business Wire

LONDON--(BUSINESS WIRE)--A University of Surrey report co-authored by Stephen Holmes, Chief Product Officer at Arqit Limited (Arqit), a global leader in quantum encryption technology, and Professor Liqun Chen, Professor in Secure Systems at the University of Surrey, released today identifies the definitive threat posed to Digital Assets unless urgent changes are made to their cryptography.

With increasing global investment, quantum computing technology is developing quickly towards the point where it will have sufficient power to break the digital signatures used in digital assets. As central banks and large enterprises are now seriously considering the large- scale use of digital assets, this is more important than ever. This research assesses the attack mechanisms employed by a quantum computer and when they will arise. It covers:

Arqits Founder, Chairman and CEO, David Williams said, The University of Surrey research paper highlights some critical issues that must be addressed and prioritised to ensure all digital assets are secure against quantum computer attacks. With mass digitisation of almost every aspect of our society already underway, and a number of governments considering the launch of their own digital currencies, this is now a global issue. The world needs stronger, simpler encryption to counter the major attacks seen daily today, and the quantum attack of tomorrow. We welcome this research which elaborates well the things that the digital assets community must consider to mitigate these cryptographic threats.

About the researchers:Stephen Holmes is Chief Product Officer at Arqit. He has 30 years of experience in IT, including appointments as CTO, consultant, enterprise architect, and product manager of disruptive innovation. He conducted his PhD research in post quantum cryptography applied to blockchain at the University of Surrey. Stephen has a wide range of experience in commercialising disruptive technologies and has worked at IBM laboratories, Hewlett Packard and was co-founder and CTO of Virtusa Xlabs. Stephen holds an MBA, specialising in marketing innovative products and services. Stephen has a passion for building secure systems and protecting privacy, and writes extensively about security, privacy, and quantum technologies. He represents the UK as a subject matter expert on ISO tc307 blockchain and DLT systems.

Prof Liqun Chen joined the Department of Computer Science at the University of Surrey as Professor in Secure Systems in 2016. Prior to this appointment, she was a Principal Research Scientist at Hewlett Packard Laboratories in Bristol, UK, which she joined in 1997. Before that, she worked at Royal Holloway, University of London, and the University of Oxford. Her research interests include applied cryptography, trusted computing, and network security.

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About Arqit Limited:Arqit supplies a unique quantum encryption Platform-as-a-Service which secures the communications links of any networked device against current and future forms of attack even from a quantum computer. Arqits product, QuantumCloud, enables any device to download a lightweight software agent of less than 200 lines of code, which can create keys in partnership with any other device. The keys are, computationally secure, dont exist until the moment they are needed and can never be known to a third party. QuantumCloud can create limitless volumes of keys in limitless group sizes and can regulate the secure entrance and exit of a device in a group. The addressable market for QuantumCloud is every connected device. The release of QuantumCloudTM 1.0 will launch to the first cohort of customers in the second half of 2021, with $130M in contracts already committed*.

*As of release date

On May 12, 2021, Arqit entered into a definitive agreement to combine with Centricus Acquisition Corp (NASDAQ: CENHU, CENH, CENHUW), a special purpose acquisition company, which would result in Arqit becoming a publicly listed company on the NASDAQ Stock Market under the name Arqit Quantum Inc.

Additional InformationThis communication is being made in respect of the proposed transaction involving Arqit Limited (Arqit), Centricus Acquisition Corp. (Centricus) and Arqit Quantum Inc. (Pubco), a newly formed Cayman holding company. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. In connection with the proposed transaction, Pubco has filed with the Securities and Exchange Commission (SEC) a registration statement on Form F-4 that includes a proxy statement of Centricus in connection with Centricus solicitation of proxies for the vote by Centricus shareholders with respect to the proposed transaction and other matters as may be described in the registration statement. Pubco and Centricus also plan to file other documents with the SEC regarding the proposed transaction and a proxy statement/prospectus will be mailed to all holders of Centricus Class A ordinary shares. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE FORM F-4 AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The proxy statement/prospectus, as well as other filings containing information about Arqit and Centricus will be available without charge at the SECs Internet site (http://www.sec.gov). Copies of the proxy statement/prospectus can also be obtained, when available, without charge, from Arqits website at http://www.arqit.uk, or by directing a request to: Centricus Acquisition Corp., PO Box 309, Ugland House, Grand Cayman, KY1- 1104, Cayman Islands.

Participants in the SolicitationsArqit, Centricus and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from Centricus shareholders in connection with the proposed transaction. Information about Centricus directors and executive officers and their ownership of Centricus securities will be set forth in the proxy statement/prospectus when available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or SolicitationThis communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act, or an exemption therefrom.

Caution About Forward-Looking StatementsThis communication includes forward-looking statements. These forward-looking statements are based on Arqits and Centricuss expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqits and Centricuss control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit and Centricus to predict these events or how they may affect Arqit and Centricus. Except as required by law, neither Arqit and Centricus has any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqits and Centricuss future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of Centricus securities, (ii) the risk that the business combination may not be completed by Centricus business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Centricus, (iii) the failure to satisfy the conditions to the consummation of the business combination, including the approval of the Business Combination Agreement by the shareholders of Centricus and the satisfaction of the minimum trust account amount following any redemptions by Centricus public shareholders, (iv) the lack of a thirdparty valuation in determining whether or not to pursue the business combination, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement, (vi) the effect of the announcement or pendency of the business combination on the Companys business relationships, operating results, and business generally, (vii) risks that the business combination disrupt current plans and operations of the Company, (viii) the outcome of any legal proceedings that may be instituted against the Company or against Centricus related to the Business Combination Agreement or the business combination, (ix) the ability to maintain the listing of Centricus securities on a national securities exchange, (x) changes in the competitive and regulated industries in which the Company operates, variations in operating performance across competitors, changes in laws and regulations affecting the Companys business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the business combination, and identify and realize additional opportunities, (xii) the potential inability of the Company to convert its pipeline or orders in backlog into revenue, (xiii) the potential inability of the Company to successfully deliver its operational technology which is still in development, (xiv) the potential delay of the commercial launch of the Companys products, (xv) the risk of interruption or failure of the Companys information technology and communications system and (xvi) the enforceability of the Companys intellectual property.

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A Roadmap On The Geopolitical Impact Of Emerging Technologies By Chuck Brooks And Dr. David Bray – Forbes

Futuristic Technology and Disruptive Technologies Worldwide as Concept

Earlier this summer, the Atlantic Councils GeoTech Center published a new bipartisan report of Commission on the Geopolitical Impacts of New Technologies and Data (www.atlanticcouncil.org/geotechreport). Fourteen months in the making, the bipartisan recommendations highlight that the technological revolution is advancing at such speed and enormity that it is reshaping both societies globally and the geopolitical landscape.

We are now entering a new era of emerging connected technologies that blend engineering, computing algorithms, and culture. Along with connected computing comes new capabilities enabled by machine learning and artificial intelligence. This technology convergence will be immensely impactful. Human/computer interface will extend our human brain capacities, memories, and capabilities, and that the power of computing doubles, on average, every two years. These connected technology tools can be stepping-stones to a new world in diverse areas such as genetic engineering, augmented reality, robotics, renewable energies, big data, digital security, quantum computing and artificial intelligence.

If you think about the transformative role that technology is already playing in our lives, it is easy to envision how emerging technologies can proceed in effecting societal change. We are in the early stages of profound technological innovation namely the digital revolution, the Internet of Things, health and medicine, and manufacturing. It is no exaggeration to say we are on the cusp of scientific and technological advancements that will change the human condition. Incredibly, technology continues to evolve at a pace we could not have envisioned even two decades ago, and these advancements can greatly improve our lives if we harness them properly.

The GeoTech Commission Report poignantly states that the world must now start to understand how technology and data interact with society and how to implement solutions that address these challenges and grasp these opportunities. For example, data analytics has the potential to improve healthcare by identifying the best pathways in treatments and administration of patient medicines, as well as predicting the spread of the flu. In commerce and trade, data analytics can predict when and what consumers are buying. The mathematical applications used in analyzing large data sets can be used to predict societal change at almost every level of human interaction.

Collaboration is Key:

A thematic takeaway from the Commission co-chaired by John Goodman and Teresa Carlson was the urgent need for collaboration and that governments, industries and other stakeholders must work together to remain economically competitive, sustain social welfare and public safety, protect human rights and democratic processes, and preserve global peace and stability.

Success in these cooperative public private partnerships is dependent on information sharing,planning,investment in emerging technologies,and allocation of resources coordinated by both the public and private sectorsinspecial workingpartnerships.

The result of such collaboration will both keep us apprised of new paradigms and contribute to a seismic shift in breakthrough discoveries. Such cooperation could speed up the realization of the next industrial revolution and bring benefits beyond our expectations.

Personal information concept. Group of engineer.

Technologies can impact society across many industry verticals. For example

Health & Medicine

Abstract luminous DNA molecule. Doctor using tablet and check with analysis chromosome DNA genetic ... [+] of human on virtual interface. Medicine. Medical science and biotechnology.

*Health- Implantable devices, (bionic eyes, limbs)

*DNA nanomedicines

*Genomic techniques gene therapy (Gene therapy to enhance strength, endurance and lifespan Gene therapy to enhance human intelligence

*Remote sensing tech (Wearables)

*Medicine for longevity, enhancement

*Real-time biomarker tracking and monitoring

*Artificially grown organ

*Human regeneration Human cells interfaced with nanotech

*Cybernetics

*Exoskeletons for mobility

*Telemedicine

Transportation:

Global business logistics import export background and container cargo freight ship transport ... [+] concept

*Sustainability of infrastructure

* Converged transportation ecosystems and monitoring

*Autonomous and connected cars

*Predictive analytics (parking, traffic patterns)

* Smart Cities

Ecology concept. Hand holding light bulb against nature on green leaf with icons energy sources for ... [+] renewable, sustainable development, save energy.

Energy & Environment:

*New Materials for stronger construction and resilience

*Solar power

*Converting waste to biofuels

*Protecting the Electrical Grid

*Batteries (long lasting)

*Renewables

*Energy efficiency.

*Instrumenting the planet to respond to crises faster

Professional policemen tracing group of bandits in room of video monitoring watching movements on ... [+] city map while other colleagues working

Public Safety:

*Instrumenting the planet to respond to crises faster

*Better situational awareness for emergency management (chemical and bio sensors, cameras, drones)

*License plate readers

*Non-lethal public safety technologies

*Advanced forensics, both physical and digital

*Interoperable and secure communications

future technologies

Please also see: GovCon Expert Chuck Brooks: A Guide to Emerging Technologies Impacting Government in 2021 and Beyond GovCon Expert Chuck Brooks: A Guide for Emerging Technologies Impacting Government in 2021 and Beyond - GovCon WireFour Emerging Technology Areas Impacting Industry 4.0 Advanced Computing, Artificial intelligence, Big Data & Materials Science COGNITIVE WORLD

In the GeoTech Commission report there are several areas of specialized cooperation that get attention, including two of the biggest threats that society faces today, pandemics, and cyber-attacks.

Doctor wearing highly protective suit and holding globe in her hands. Globe link: ... [+] https://visibleearth.nasa.gov/images/2181/the-blue-marble/2182w

Mitigating Pandemics:

As we are now acutely aware of the implications of a global pandemic from Covid19, The Commission suggested that government should launch a global pandemic surveillance and warning system and develop rapid and automated treatments for unknown pathogens. It should also build a digital infrastructure that includes, among other systems, emerging biosensors and autonomous sequencers deployed in water systems, air filtration systems and other public infrastructureto integrate their diverse data for analysis and modeling with protocols for activating rapid analysis of new pathogens, including new strains of extant pathogens to evaluate ongoing vaccine efficacy,

Cyber Security and Digital Data Protection Concept. Icon graphic interface showing secure firewall ... [+] technology for online data access defense against hacker, virus and insecure information for privacy.

Implementing Cybersecurity:

Cybersecurity is a big focus area of the report. Cybersecurity, information assurance, and resilience are the glues that will keep our world of converged sensors and algorithms operational. This has become one of the largest areas of both public and private sector spending and is consistently ranked the top priority among CIOs, CTOs, and CISOs.

The commission urged for strengthening the National Cyber Strategy Implementation Plan, developing a geopolitical cyber deterrence strategy for critical digital assets and hardening the security of commercial space capabilities. To advance security, the government should increase its oversight of supply chain assurance, organize data on critical resources, and with allied partners, evaluate the physical and digital information technology supply chain.

Furthermore, the report highlighted that Governments, especially democratic governments, must work to build and sustain the trust in the algorithms, infrastructures and systems that could underpin society, the commission noted. The world must now start to understand how technology and data interact with society and how to implement solutions that address these challenges and grasp these opportunities. Maintaining both economic and national security and resiliency requires new ways to develop and deploy critical and emerging technologies, cultivate the needed human capital, build trust in the digital fabric with which our world will be woven and establish norms for international cooperation.

We have entered a new renaissance of accelerated technological development that is exponentially transforming our civilization. Yet with these benefits come risks. The Atlantic Council Commission Report provides a working roadmap on the Geopolitical Impact of emerging technology and the correct paths to follow.

Please see the Report of the Commission on the Geopolitical Impacts of New Technologies and Data atReport of the Commission on the Geopolitical Impacts of New Technologies and Data - Atlantic Council

Atlantic Council Report of the Commission on the Geopolitical Impacts of New Technologies and Data

Dr. David A. Bray has served in a variety of leadership roles in turbulent environments, including bioterrorism preparedness and response from 2000-2005, time on the ground in Afghanistan in 2009, serving as the non-partisan Executive Director for a bipartisan National Commission on R&D, and providing leadership as a non-partisan federal agency Senior Executive. He accepted a leadership role in December 2019 to incubate a new global Center with the Atlantic Council.

David also provides strategy to both Boards and start-ups espousing human-centric principles to technology-enabled decision making in complex environments. Business Insider named him one of the top 24 Americans Who Are Changing the World under 40 and he was named a Young Global Leader by the World Economic Forum for 2016-2021. From 2017 to the start of 2020, David served as Executive Director for the People-Centered Internet coalition Chaired by Internet co-originator Vint Cerf, focused on providing support and expertise for community-focused projects that measurably improve peoples lives using the internet. He also was named a Marshall Memorial Fellow and traveled to Europe in 2018 to discuss Trans-Atlantic issues of common concern including exponential technologies and the global future ahead. Later in 2018, he was invited to work with the U.S. Navy and Marines on improving organizational adaptability and to work with U.S. Special Operation Commands J5 Directorate on the challenges of countering misinformation and disinformation online. He has received both the Joint Civilian Service Commendation Award and the National Intelligence Exceptional Achievement Medal.

Dr. David Bray LinkedIn Profile:

AC GeoTech Center on Twitter:@ACGeoTech

Chuck Brooks, President of Brooks Consulting International, is a globally recognized thought leader and subject matter expert Cybersecurity and Emerging Technologies. LinkedIn named Chuck as one of The Top 5 Tech People to Follow on LinkedIn. He was named by Thompson Reuters as a Top 50 Global Influencer in Risk, Compliance, and by IFSEC as the #2 Global Cybersecurity Influencer. He was featured in the 2020 Onalytica "Who's Who in Cybersecurity" as one of the top Influencers for cybersecurity issues. He was also named one of the Top 5 Executives to Follow on Cybersecurity by Executive Mosaic.He is also a Cybersecurity Expert for The Network at the Washington Post, Visiting Editor at Homeland Security Today, Expert for Executive Mosaic/GovCon, and a Contributor to FORBES. He has also been featured author in technology and cybersecurity blogs & events by IBM, AT&T, Microsoft, Cylance, Xerox, Malwarebytes, General Dynamics Mission Systems, and many others.

Chuck is on the Faculty of Georgetown University where he teaches in the Graduate Applied Intelligence and Cybersecurity Risk Programs. In government, Chuck was a plank holder at The Department of Homeland Security (DHS) serving as the first Legislative Director of The Science & Technology Directorate at the Department of Homeland Security. He served as a top Advisor to the late Senator Arlen Specter on Capitol Hill coveringsecurity and technology issues on Capitol Hill. He has an M.A from the University of Chicago and a B.A. from DePauw University

Chuck Brooks LinkedIn Profile:

Chuck Brooks on Twitter:@ChuckDBrooks

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A Roadmap On The Geopolitical Impact Of Emerging Technologies By Chuck Brooks And Dr. David Bray - Forbes

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IBM and CERN on quantum computing to track the elusive Higgs boson – Tech News Inc

The capabilities of quantum computers are currently under discussion in contexts ranging from banks to merchant ships. This technology, which is still in the pipeline, has been taken further or rather, lower. More precisely, a hundred meters below the French-Swiss border, where the largest machine in the world is located, the Large Hadron Collider (LHC), operated by the European particle physics laboratory, CERN. Faced with technical difficulties in understanding the mountains of data produced by such a massive system, scientists at CERN have just called on the IBM quantum team for help.

This collaboration on the data produced by the LHC could have major implications for the state of our knowledge regarding matter, antimatter, or even dark matter. Especially since the LHC is one of CERNs most important tools for understanding the fundamental laws that govern the particles and forces that make up the universe.

Shaped like a 27-kilometre loop, the system accelerates beams of particles such as protons and electrons to slower-than-light speeds, before causing them to collide in collisions that scientists observe with eight high-resolution detectors housed inside the accelerator. Every second, particles collide about a billion times within the LHC, producing petabytes of data that is currently processed by a million CPUs in 170 locations around the world a split that can be explained by the fact that not much data can be stored in one place.

CERNs job isnt just to store data, but rather the opposite. All information generated by the LHC is then available to be processed and analyzed, so that scientists can develop hypotheses, evidence and discoveries. Thus, by observing the collision of particles between them, CERN researchers in 2012 discovered the existence of an elementary particle called the Higgs boson, which gives mass to all other fundamental particles. The discovery was then hailed as a major breakthrough in the field of physics.

Scientists do this using sophisticated machine learning algorithms that can scan data produced by the LHC to distinguish useful collisions such as those that produce the Higgs bosons from other collisions. So far, scientists have used classic machine learning techniques to analyze raw data captured by particle detectors, and automatically select the best candidate events, the IBM researchers explained in a blog post.

This is where Big Blue comes in. We believe we can greatly improve this selection process by enhancing quantum computing-based machine learning, they say. As the volume of data grows, traditional machine learning models are rapidly approaching the limits of their capabilities. This is where quantum computers are likely to play a useful role.

The general-purpose qubits that make up quantum computers can actually contain much more information than conventional qubits, meaning they can visualize and process many more dimensions than conventional devices. Therefore, a quantum computer equipped with a sufficient number of qubits can, in principle, perform very complex calculations that would take centuries for classical computers to solve. With that in mind, CERN partnered with the IBM quantum team in 2018, with the goal of discovering exactly how to apply quantum technologies to advance scientific discovery.

Quantum machine learning soon emerged as a solution to the data-analysis problems burdening CERN teams. The approach is to harness the capabilities of qubits to expand what is known as feature space the set of features on which an algorithm bases its classification decision. Using a larger feature space, a quantum computer would be able to see patterns and perform classification tasks even in a huge data set, where a classical computer would only see random noise.

Applied to CERN research, a quantum machine learning algorithm can examine the raw data produced by the LHC and identify iterations of the behavior of the Higgs boson, for example, where classical computers would struggle to see anything.

To assist CERN scientists with their research, the IBM teams have created a quantum algorithm called the Quantum Support Vector Machine (QSVM), designed to identify collisions that produce the Higgs bosons. The algorithm was trained using the test dataset based on information generated by one of the LHC detectors, and performed on both quantum simulators and physical quantum devices.

In both cases, the results were promising. The simulation study, conducted on Google Tensorflow Quantum, IBM Quantum, and Amazon Braket, used up to 20 qubits and a data set of 50,000 events, and performed as well, if not better, than their traditional counterparts for the same problem. The hardware experiment was performed on IBMs quantum machines using 15 qubits and a 100 event dataset. The results showed that despite the noise affecting the quantum computations, the quality of the classification remained comparable to the best results of classical simulations.

This once again confirms the potential of the quantum algorithm for this class of problems, IBM says. The quality of our results indicates a possible demonstration of a quantum advantage of data classification using quantum vector machines in the near future. This does not mean, however, that the quantitative advantage has actually been demonstrated. A quantum algorithm developed by IBM produced results similar to those of traditional methods on todays finite quantum processors but these systems are still in their infancy.

With only a few qubits left, quantum computers today are unable to perform useful calculations. They are also paralyzed by the fragility of qubits, which are very sensitive to environmental changes and still prone to errors. Instead, both IBM and CERN are relying on future improvements in quantum hardware to demonstrate that quantum algorithms have a tangible advantage, not just in theory.

Our results show that quantum machine-learning algorithms for classifying data can be as accurate as classical algorithms on noisy quantum computers, paving the way for demonstrating a quantum advantage in the near future, the IBM research team emphasized. Something that gives hope to CERN scientists.

The Large Hadron Collider is currently undergoing an upgrade and the next iteration of the system, which is scheduled to enter service in 2027, and is expected to produce 10 times more collisions than the current device. The volume of data generated only goes in one direction and it wont be long before traditional processors can no longer handle it all.

Source : ZDNet.com

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IBM and CERN on quantum computing to track the elusive Higgs boson - Tech News Inc

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The Convergence of Communication and Computation with Dr. Vida Ilderem – RCR Wireless News

What type of talent is essential for the future of wireless communications? We need people with a systems mindset. The guest for todays episode is Dr. Vida Ilderem, Vice President at Intel Labs. Vida discusses with Carrie Charles how wireless communications require a plethora of expertise to succeed in the future. All the way from engineering to social science. Thats why we need talents who know how to bring multiple disciplines together and work as one. Join in the conversation to discover the future of wireless communications and why we need to have a systems mindset.

I have a wonderful guest with me. Her name is Vida Ilderem. She is the Vice President at Intel Labsand Director of Wireless Systems Research at Intel. Vida, thank you so much for joining me. I cant wait for our conversation.

Thank you, Carrie. Its a great privilege to be here. Thank you for the opportunity to share my point of view.

Id like to start first, Vida, by asking you about your professional journey. Youre an Executive at Intel with a very important position there. What has been your journey? How did you get from where you were to where you are now?

I have a PhD in Electrical Engineering from MIT, so in my career in electronics, Im running wireless system research. Its quite a journey to talk about here. Intel is my third company. The journey has been very exciting and frustrating because you have boulders and rocks on the road. You have to go around them or you have to remove them. You can always use help from other people. When I reflect on my journey, I can put it in three phases. Phase 1, post-graduate. Youre coming from a school with a good name the expectations are very high. There is pressure for you to perform. You have to establish yourself, show your expertise and earn the trust and respect of your colleagues.

That was the starting point. The second point is I was able to broaden my skillset. I grew up in Motorola, which was my second company. I went into the RF side. I got deep expertise in RF from Silicon all the way into the simulation modeling, packaging, working with our business groups, so manufacturing pretty well around that. I joined Motorola Labs. I had a sponsor who said, Youre too much in your comfort zone. You need to become uncomfortable. I joined Motorola Apps and that was where I expanded my background because we had physical sciences, which includes nanotechnology, display, printed electronics and fuel cells. It was a variety of technology.

Later on, I added computer architecture, security, imaging, wireless sensor networks. It was getting broader. I have fantastic people working with me, so I learned a lot. Im a technical person. When I enter a domain, I like to learn about it by depending on my people to drive that. That was it. The third phase where I am now is about growing people. You have to love what youre doing. Thats a given. We achieved through people. Its how to grow them, to help them achieve their aspirations. Once they do that, theyre successful companies. Im in that leg of my journey.

I love what you said. Its about growing people and thats so important. Were going to talk a little bit more about that later. Tell me about you. Describe your role as Director of Wireless Systems Research at Intel. Also, talk about what is Intel Labs?

In my team, if you want to go to the mission statement, we look at bringing seamless connectivity to improve the quality of experience for people and things because now things are being instrumented too. We start from Silicon, we have design, we have IP and we go all the way to the system level. We have algorithms and we have protocol designs. One of the joys of the job is the multicultural, multidisciplinary and working with different teams. I think thats whats exciting and makes us successful, frankly. Thats what we do. At Intel Lab, we are a corporate lab of about 700-plus people, 2/3s with PhDs with a very diverse set of skillsets from engineering and science, our physicist theories but we go all the way into anthropologists and psychologists.

We need social sciences because you need to understand what the users want and need. As engineers and scientists, thats not our work. That symbiotic relationship is very important between the different disciplines. Intel Lab also have a global footprint. Of course, we are in the US in Guadalajara, Mexico, in China, India, in Europe, Israel and Germany. We have a good footprint and have access to talent globally. The other thing the lab does is three tenets or pillars. One is exploration. What do we mean by exploration? The people always ask, How do you come up with an idea? How do you know what to do? Its about partnerships with academia and the government-industry. Those partnerships are very important to not only see but also understand where the world is going.

We innovate. The world is about becoming very data. Our charter is to take advantage or make the data bring this full potential to the plate. We are about sensing, analyzing, moving, storing, computing, securing and designing, all the elements that go into digitizing the digital world and data. Finally, we advise. We want to be the trusted advisor to our colleagues on the corporation. Those are the three pillars that we operate on in Intel Labs.

I know that 5G is a big part of your work. In your view, whats the current state of 5G? Where are we now? Where are we going? Any new developments that you can share with us that you see or your team is seeing?

We started in 5G around 2011, 12 working with universities, coming up with the spec and everything else, it takes a long time. Later on, it was kicked off around 2015 or 2016. 5G deployment depends on the standards. This standard is called GPP. The two releases that exist already are called Release 15 and 16. These releases are about enhanced mobile broadband communication. Its more of a human-to-human communication, giving me more data rates, capacity and better coverage. It builds on 4G type environment. Release 17 is in the works and now there are two more legs to 5G, which is about machine-type communication.

One is the billions of devices coming in. These are in the field of battery operated. Low-frequency spectrum, less than 2 Gigahertz spectrum. Thats in the works. The other side is called mission-critical machine-type communication. This is who you want to be at least five-nine reliable. Youre going to have very low latency, basically real-time or near real-time response. When 5G deployment started, you see more on the mobile broadband human to human communication. Machine communication is being deployed. I mentioned the spectrum with the machine types being less than two, embedded mobile broadband human to human, less than 6 or 7 gigahertz, mostly around 3.5, which is called CPRS spots.

It is a matter of your system. Theres the millimeter-wave side, which is a 28, 39 in the US, looking at improving even more data rates, lower the latency and that type of thing. I will say the uptake of millimeter-wave has been slow but still in the works. Thats where I would say the state of 5G is now. Where youre going is that theres one thing that has happened with the deployment of 5G and where is the data created. Thats what we have to think about. Data is that devices are sensors in the field. We have a lot of data. Its the advent of IoT with 5G enablement, so we call it a tsunami of data. This created this concept of Edge. We talk about Edge network or mobile edge communication computation.

This is where the data is created. You have devices, radio access network, which is not a presented by Edge. You go to core network and data center or cloud computing. With Edge, where we are going is not the computation is getting closer to where the data is created. Thats growing. The exciting thing about here is now you have the computer and comp working together. The data reduces latency significantly because youre where the data is. Its a shorter round trip time. Thats where were going. Another development is its not new but its taking off now. Its what we call private networks. This is where you look at a local area network that deliver for a very targeted coverage, think stadiums or factory. That is taking off, too, with the 5G and Wi-Fi coming together. Those are the next things we see where we are going in this domain.

You spoke a little bit about how communications and computation have merged or come together. How do you see that in the future? What does this merge look like in the future?

I would say because of Edge, your devices are everywhere. You have many Edges which are heterogeneous. What do we mean by heterogeneous? You have different devices, protocols, 3G, 4G, 5G protocols. You have dynamicism, notes coming and go. Your car is the very high-velocity area. The Edge is distributed. We have many Edges so that computation is distributed. What we see is this distributed computed all over the network. The network enables the computation coming to the data and the competition enables the network to perform more efficiently for this type. Also, there is the storage angle too where you store the data. Thats the coming together of these two.

When we talk about the next G and what barriers or challenges, do we face with bringing 6G to life? Whats next?

Standardization works on everything.Each G takes about ten years to peak but when you have that G, you still have the previous Gs. Lets see what the previous generations are to set it up for the 6G in this case. 1G was analog, so nobody even talks about it. 2G was about voice. Voice was king for the first digital set of networks. 3G became more about broadband. Now you have voice plus data. People started downloading a lot of images and videos. 4G brought mobile broadband on the go. I want to take my information anywhere.

I want to have access to my data. 5G is the first generation that brings the machines in. Building on the human team and communication, bringing the machine type communication and human to machine communication as well. Its transforming the network because the network was not built for machines. Why do I say that? Barely enough things are coming on online. They go like a blip. They transfer and go down. The requirements are very different than running a video of watching live streaming. What 5G did is allowing us to bring a new type of network. What is 6G? Its all about data.

Data is queen. I like to say queen instead of the king.

We have this large amount of data created and you want to make sense of this data. You dont want to transport or move the raw data because it takes a lot of bandwidth energy. Theres a huge overhead associated with that. This is when AI comes in, artificial intelligence or machine learning, as a subset. Now you want to make sense of the data youve collected and you want to send the information that is associated with that. 6G brings the third pillar. Now you have communication, computation and AI to help fit the real-time-ness and the lower latency, higher reliability and making sense of the information. Thats where we see its going as a confluence of these three disciplines. You still have to optimize the power, performance, quality of service and everything security are becoming important too. Its about data.

Has your team started working on 6G already and research?

Yes. Lets go back to partnerships. Im working with academia and in this case, NSF. We have two centers with NSF and the first one is called MLWiNS, which is Machine Learning for Wireless Intelligent Network Systems. They picked up this center with NSF in September of 2020. Youre looking at three research vectors. One is how to apply machine learning for improving wireless performance. The other one is how to have better use of spectrum through machine learning. Finally, since we said everything is going to be distributed, how to have distributed learning over wireless and apply the learning part of it to wireless. Thats MLWiNS. Theres a new center. Nine companies actually have joined in these entities and its called NSF. Theyre in a proposal mode right now. Its called RINGS. Its about Resilient Intelligent Next-Gen Systems. Its about looking at the resiliency of the network. We believe its very important and the security, how do you gracefully degrade the service rather than bring changes in that. That addresses all the protocol layers there.

The future is so exciting and I cant help but think about the people component. Were going to need not just the amount and the number of people but the type of talent that were going to need. In your perspective, what type of talent is needed now and for the future in wireless communications?

I would say that because we say we are looking at comps, compute AI, all these things coming in, its very hard for a person to have all these competencies but I would say you need some depth in one of them, and then you can broaden yourself in the others. Its because of this multidisciplinary type of research, you have to have system mindsets. We need somebody with that mindset. You need different competencies from obviously computer science and engineering, math, even as I said, social scientists, information series. Its a plethora of expertise you need to be successful in the future. I dont think you can embody that in any one person but I look for people who have the capability of being deep in 1 or 2 disciplines and in a bigger sense of that domain because everything is touching everything now. There is a fusion going on here.

Do you feel that universities are producing the right type of talent that we need and in what you discussed?

Yes, and we do work with universities, so we do get internships. When they come on board, we will leverage the expertise theyre coming in and they also did get exposed to the team members and what theyre working on. We have established centers separate at NSF directly that universities. We call them intra-science and technology centers. In this case, we have one PI at the university and we have a principal investigator on our side. We work very closely with that group of professors and their students. We bring that multidisciplinary thought process in. Obviously, its very hard to scale that but weve been doing that ever since Ive been with Intel. Its a pretty good way of showing people what you need to be successful.

How do you apply wireless expertise to other domains at Intel? Lets say using the wireless expertise and using those transferable skills in another area. What are some examples of that at Intel?

Wireless is about waves and my teamworks in high frequencies. A great example I can give you is quantum computing. You have your quantum bits sitting at very low temperatures in millikelvins. Usually, what happens is your instrumentation is sitting at room temperature. You have all of these wires, could be thousands of wires coming out of this refrigeration system. What my team has done is using our RF understanding and design capability, weve designed this controller, which sits at 4 Kelvin, so still cooler but not the coolest, not in millikelvin. We call that whole stretch. We have published that in ISCC, which is a conference for this. We have also published it in the press. Its where we applied what we know from our designs and we applied it to quantum computing. Who would have thought about applying radio frequencies rather than having a wire going down all the way to millikelvin? Thats an example of what Javi and I are doing are extending our expertise into a different field.

Thats a perfect example of re-skilling and up-skilling, and I do think its exciting. When we look at the future, I know some people might be nervous about this automation and machines but what youve described is that perfect use of those transferable skills and saying, You know this already. You can learn this and be of great value to the organization and society. Thats exciting news. I want to switch gears a bit and ask you some questions about your path and you, being a female executive in the tech space. What challenges have you faced on your climb to the top and maybe some lessons that youve learned?

I would say number one is networking. I was not good at it. I thought my work would speak for itself and thats not true. Networking in a sense of talk about your work, talk about these different mediums to talk about your work. That communication is so important. Network with your peers and colleagues and learn from them. I think I missed a bit there, again, starting from graduate school, that experience to work. A hard lesson to learn but its a learning experience. Some of us are wired for it, no pun intended. As women also, I think we need to support each other more. There are very few of us and we shouldnt compete against each other. Its very important to establish a reputation or expertise and earn the respect. Those are some lessons learned and to work hard. Its not delivered to you on a silver platter. You have to work for it.

I know that you mentor quite a few women. In your role, you serve as a mentor. What should women keep in mind as they strive toward those executive roles? Can you give us a few tips?

Network, talk about your work and support each other. Its important is to have a sponsor. A sponsor is different than a mentor. The sponsor is basically an advocate to talk about you or your work when youre not in the room. A mentor is more of a one-to-one relationship on how to get better in whatever the persons need is. The sponsor is important. You can be purposeful about it or you can have a sponsor that you dont even know you have one. That goes to your communication and talking about your work and people seeing the results you deliver. You have to deliver results. That would be my tip. Find the advocate. I think that helps.

Lets say youre looking for a sponsor or theres a woman who needs a sponsor. Is this something where she reaches out to someone and requests this person to be her advocate? I know you spoke briefly about it but what do you tell your mentees when they are in need of a sponsor?

I usually offer names and I say, Would you like me to approach these people? This is depending on what the function is, the mentees role is. With that permission, I approach the person. I say, Would you be willing to be a sponsor for such and such? I would put a brief description, a short bio of the individual, what they do, who they are, their essence. If they say yes, I do the introduction. I hook them up. Also, we have a sponsor, Patricia, also at Intel, which has been very helpful and powerful for upcoming women.

I know that diversity is a huge challenge in all companies. Its even more of a challenge now, post-COVID, because so many women have left the workforce. I know this is a much bigger question than we can answer right here, but maybe give me a few thoughts that you have. What can companies do to bring more diversity to their leadership teams?

Number one, you need a healthy pipeline. If you dont have a pipeline, it doesnt matter. I would say you have to activate at the university level. You bring people at the lower grade levels but they grow in the company. They learn the ropes. The other thing I would say is important is to give the opportunity because when we apply for something, we want to make sure we check all the boxes. It is okay to check in with 60% success. Have the courage to go forward. That courage is important. I rely on job shadowing and rotation opportunities to grow them. This is what this role means. In Italy and the US, we offer sabbaticals. Maybe you want to give them sabbatical coverage for a bigger role in the next opportunity for them.

Those are some of the things important in sponsorship that talked about, to help advocate for them. The other thing weve done is to create a cohort of executive women so that we support each other and we support the upcoming women. Its been pretty powerful and very important because you have to keep your eye on the ball. You have to develop the pipeline and the next generation of women and minorities. Thats why I emphasize the pipeline, the sponsorship advocacy. The other thing COVID showed us is family benefits, which go for both men and women. Its not diversity-specific. What benefits do you offer? People can work from home or can have that peace of mind with their children being there or providing support or whatever it is that they need. Those are very important pieces going into the pipeline side of it.

I could talk to you forever. I feel so much smarter talking to you this time. Ive learned so much. This has been wonderful. This is great. This is not every day that I get to talk to a PhD in Tech. Im so honored by this. The last question is what new technologies are you working on now? Whats most exciting to you?

What excites me is challenges, when somebody says, This cannot be done. I have a very strong team. One obvious angle weve talked about is going towards 6G. What does the future look for wireless that way? Another angle is how we can apply our competencies to a new area like quantum computing. By training, Im experimentalist. Anything that we can create IP and design and taking it all the way through the process and create a system of proof of concept, its very exciting for me personally and for my team because we all learn. We have people with different passions and expertise and they get exposed to different areas. If you stop learning, the excitement goes away. For me, its to learn new things and keep reading. Let me tell you, the ideas come. I love watching sci-fi Hollywood movies.

I think that theres a lot of future there. You can get a lot from the sci-fi area in the movies.

You get to pick up ideas from movies.

Look at The Jetsons. When I was younger, thats what I watched. Now all of that seems to be coming to reality soon. Flying cars and all of that.

The autonomous system is the next big thing. All this connectivity and communication and AI, is whats enabling it. Of course, on the other side, its the safety, reliability, all the policies and regulations, which is a different additional thing to make it real. Thats some exciting stuff on the table.

One more question. Tell me about your creative process and how you innovate and come up with ideas. How did they come to you besides the sci-fi moving? Im curious.

I read a lot, even normal technical journals and other types of journals like business journals. I gave you an example from my previous life when I was at Motorola. I read a book on materials. It was on construction. I was looking for movable materials, materials that change shape or characteristics based on temperature or voltage for the application I was thinking about. I opened this book, which is all pictures. Im flipping through it. There were materials out there that did what I was looking for but they were totally different disciplines.

There were these paints and when you touch them, they change color. Imagine you have a cell phone with a battery and you didnt have a battery cover. As this thing heats up, it changes color. It tells you its time to do something. You applied rotation needed from the wires. There were a lot of ideas I picked from here. We ordered it, we worked with the team and they went for it. Its how you connect the dots but you dont have to be in the wireless domain to have bright ideas. Theyre all over the place. Its how you apply different things and bring them to your domain.

I appreciate that. I appreciate the reading part because I do believe in the days that we live in that we dont have as much time for reading. The more brilliant people and leaders that I speak with, everyone reads. I think it is something that we need to make time for. It does produce those innovative ideas where you can connect the dots. Thank you for sharing that. Im going to do more reading. I read a lot but I always need to read more.

Its to get the juices flowing and thinking.

Vida, thank you so much. This has been absolutely a joy for me. I appreciate you coming on the show and I know that our audience has gotten a great deal from this interview. Thanks for coming on.

Thank you for the opportunity.

You take care.

Dr. Vida Ilderem is Vice President and director of Wireless Systems Research (WSR) at Intel Labs. WSR explores breakthrough wireless technologies to fulfill the promise of secure, energy efficient, seamless and affordable connection and sensing for people and things. Prior to joining Intel in 2009, Vida served as vice president of Systems and Technology Research at Motorolas Applied Research and Technology Center, where she was also recognized as Motorola Distinguished Innovator.

Vida holds a doctorate and a masters degree in electrical engineering from Massachusetts Institute of Technology, a bachelors degree in electrical engineering and a bachelors degree in physics from California State University, Fresno. She has 27 issued patents and has given numerous invited talks and keynotes at IEEE and other venues on nanotechnology, RF, IoT & Wearables, 5G/5G+, and innovation.

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AdTheorent, a Leader in Data Science and Machine Learning Optimized Advertising, to List on NASDAQ via Merger with MCAP Acquisition Corporation -…

NEW YORK & CHICAGO--(BUSINESS WIRE)--AdTheorent, Inc., a programmatic digital advertising leader using advanced machine learning technology and solutions to deliver real-world value for advertisers and marketers, and MCAP Acquisition Corporation (NASDAQ: MACQ) (MCAP), a publicly-traded special purpose acquisition company, sponsored by an affiliate of Chicago-based asset manager Monroe Capital LLC, announced today that they have entered into a definitive business combination agreement in which AdTheorent will be merged with MCAP. Upon closing of the transaction, the combined company will be named AdTheorent, Inc. and it is expected to remain listed on the NASDAQ Capital Market. The transaction reflects an implied enterprise value for the company of approximately $775 million. The AdTheorent executive team, led by Chief Executive Officer Jim Lawson, will continue to execute the growth and strategy for the company. Given AdTheorents strong profitability and cash flow characteristics, the net cash provided by the transaction is expected to be used to support an M&A and international expansion strategy, complementing its robust organic growth profile.

Since 2012 we have pioneered a new way to target digital ads programmatically without relying on user-specific personal profiles and individualized data, said Jim Lawson, CEO of AdTheorent. AdTheorent Predictive Advertising delivers a level of superior performance only possible with advanced machine learning and our privacy-forward platform is changing what digital ad targeting can be. We are excited by the opportunities this transaction represents as we work to expand our capabilities for the most sophisticated and data-driven advertisers in the world.

Our world class team is thrilled to have this opportunity to perform on a bigger stage, said Lawson. The public company structure and proceeds provided by the transaction will allow us to enhance our growth plans beyond the already robust organic growth we are delivering in 1H21 34% year-over-year revenue ex-TAC growth in Q1 and over 70% projected in Q2.

Company Overview

AdTheorent's programmatic platform uses award-winning data science and machine learning (ML) capabilities to deliver advertiser-specific business outcomes for top consumer brands. The companys proprietary suite of tools, methodologies and vertical solutions maximizes campaign performance and ROI for advertisers, while operating in a privacy-first manner, which has quickly escalated as an essential element for brand marketers worldwide. AdTheorent's performance focus is centered around ingesting non-personalized data signals and using statistical data for modeling and targeting, representing a growing strategic advantage as regulatory and industry changes reduce marketers access to individual user identifiers such as cookies and device IDs.

Operating at massive scale, AdTheorent is able to optimize ad targeting by evaluating and providing predictive scores for more than 87 billion impressions daily, bidding on less than .01% of impressions scored. The company also leverages advanced machine learning and data science to drive platform efficiencies by optimizing against ad impressions which represent a greater risk of IVT/fraud, poor viewability and brand safety, or impressions that may not be measurable by third party measurement providers.

According to the Winterberry Group, digital media spending will exceed $171 billion in the US in 2021 and is poised for exceptional growth, driven in large part by programmatic advertising. Programmatic digital spending in the US is a $90 billion Total Addressable Market (TAM) in 2021, forecasted to grow at a 17.6% CAGR to $141 billion by 2024 and AdTheorents industry-leading Artificial Intelligence (AI) and ML powered platform and a foundational privacy-forward approach to data and targeting position it to outpace industry growth. AdTheorent serves a diverse roster of the most sophisticated and discerning advertisers in the world across diverse and attractive industry verticals, including: Healthcare & Pharmaceuticals; Banking, Financial Services and Insurance (BFSI); Government, Education & Non-Profit; Retail; Dining & QSR; and Travel & Hospitality.

AdTheorent Investment Highlights

There has never been more demand for AdTheorent capabilities and solutions, said Lawson. Our platform uses machine learning and data science in unprecedented and highly differentiated ways and our opportunities for continued innovation and advancement on this premise are vast. The future is bright for AdTheorent and our team because we created a better way for advertisers to derive provable value from their digital advertising, and we have a lot more to achieve.

Theodore Koenig, Chairman and Chief Executive Officer of MCAP, commented, AdTheorents machine learning advertising technology platform positions the company to continue to take market share in a large and rapidly growing market as consumers, regulators, and corporations alike increasingly demand advertisers shift away from outdated and less effective competitors that rely on harvesting the personal data of consumers.

Zia Uddin, Co-President of MCAP added The ability to deliver a superior ROI to the worlds largest brands with a product focused on privacy provides a clear path to continuing AdTheorents compelling combination of high growth and profitability. We are delighted to announce this business combination, which we expect to accelerate the companys growth and create value for MCAP stockholders.

Transaction Overview

The business combination values AdTheorent at a $775 million enterprise value and at a pro forma market capitalization of approximately $1 billion, assuming a $10.00 per share price and no redemptions by MCAP stockholders. The transaction will provide a minimum of $100 million of net proceeds to the company, including an oversubscribed and upsized $121.5 million fully committed common stock PIPE anchored by top-tier institutional and strategic investors including Hana Financial Group and Monroe Capital and/or one or more of its affiliates, along with Palantir Technologies, a global software company specializing in providing enterprise data platforms for use by organizations with complex and sensitive data environments.

The Boards of Directors of both MCAP and AdTheorent have unanimously approved the transaction. Completion of the proposed transaction is subject to approval of MCAP stockholders and other customary closing conditions, including the receipt of certain regulatory approvals. The transaction is expected to close in Q4 2021.

AdTheorent is currently majority owned by H.I.G. Growth Partners (H.I.G.), an affiliate of H.I.G. Capital, a leading global alternative investment firm with over $44 billion of equity capital under management. H.I.G. will continue to hold a substantial ownership position in AdTheorent.

Additional information about the proposed transaction, including a copy of the business combination agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by MCAP with the Securities and Exchange Commission and will be available at http://www.sec.gov.

Advisors

Canaccord Genuity acted as exclusive financial advisor to AdTheorent. Bank of America Securities, Cowen and Canaccord Genuity were engaged as PIPE placement agents. Greenberg Traurig and Nelson Mullins Riley & Scarborough are serving as legal advisors to MCAP while Paul Hastings and Kirkland & Ellis are serving as legal advisors to AdTheorent.

Investor Webcast and Conference Call

MCAP and AdTheorent will host a pre-recorded joint investor conference call to discuss the proposed transaction Tuesday July 27, 2021 at 8:00AM ET. To access the call visit http://public.viavid.com/index.php?id=146011. The recording will also be available as a webcast, which can be accessed at http://www.mcapacquisitioncorp.com.

About AdTheorent

AdTheorent uses advanced machine learning technology and solutions to deliver impactful advertising campaigns for marketers. AdTheorent's industry-leading machine learning platform powers its predictive targeting, geo-intelligence, audience extension solutions and in-house creative capability, Studio AT. Leveraging only non-sensitive data and focused on the predictive value of machine learning models, AdTheorent's product suite and flexible transaction models allow advertisers to identify the most qualified potential consumers coupled with the optimal creative experience to deliver superior results, measured by each advertiser's real-world business goals.

AdTheorent is consistently recognized with numerous technology, product, growth and workplace awards. AdTheorent was awarded "Best AI-Based Advertising Solution" (AI Breakthrough Awards) and "Most Innovative Product" (B.I.G. Innovation Awards) for four consecutive years. Additionally, AdTheorent is the only five-time recipient of Frost & Sullivan's "Digital Advertising Leadership Award." AdTheorent is headquartered in New York, with fourteen offices across the United States and Canada. For more information, visit adtheorent.com.

About MCAP Acquisition Corporation

MCAP Acquisition Corporation raised $316 million in March 2021 and its securities are listed on the NASDAQ Capital Market under the ticker symbols MACQU, MACQ and MACQW. MCAP is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with one or more businesses or entities. MCAP is sponsored by an affiliate of Monroe Capital LLC (Monroe Capital), a boutique asset management firm specializing in investing across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Monroe Capital is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Naples, New York, and San Francisco.

MCAP is the third SPAC in which Monroe has participated as a sponsor. In 2018, Monroe co-sponsored Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (NASDAQ: RPAY). In 2019, Monroe co-sponsored Thunder Bridge Acquisition II, Ltd. and supported its successful business combination with indie Semiconductor (NASDAQ: INDI).

MCAP is led by Chairman and Chief Executive Officer Theodore Koenig, who is President, CEO & Founder of Monroe Capital and has been the CEO and Chairman of Monroe Capital Corporation (NASDAQ: MRCC) since 2011. He is joined by Co-President Zia Uddin, who is a Partner at Monroe Capital; Co-President Mark Solovy, who serves as a Managing Director and Co-Head of the Technology Finance Group at Monroe Capital; and CFO Scott Marienau, who is the CFO of Monroe Capitals management company.

As of July 1, 2021, Monroe Capital had approximately $10.3 billion in assets under management. Monroe Capitals assets under management are comprised of a diverse portfolio of over 475 current investments. From Monroe Capitals formation in 2004 through March 31, 2021, Monroe Capitals investment professionals have invested in over 1,450 loans and related investments in an aggregate amount of $21.5 billion, including over $6.1 billion in 330 software, technology-enabled and business services companies.

To learn more please, visit http://www.mcapacquisitioncorp.com. The information that may be contained on or accessed through this website is not incorporated into this release.

Additional Information and Where to Find It

For additional information on the proposed transaction, see MCAPs Current Report on Form 8-K, which will be filed concurrently with this press release. In connection with the proposed transaction, MCAP intends to file relevant materials with the Securities and Exchange Commission (the SEC), including a registration statement on Form S-4 with the SEC, which will include a proxy statement/prospectus of MCAP, and will file other documents regarding the proposed transaction with the SEC. MCAPs stockholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement and documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain important information about AdTheorent, MCAP and the proposed business combination. Promptly after the Form S-4 is declared effective by the SEC, MCAP will mail the definitive proxy statement/prospectus and a proxy card to each stockholder entitled to vote at the meeting relating to the approval of the business combination and other proposals set forth in the proxy statement/prospectus. Before making any voting or investment decision, investors and stockholders of MCAP are urged to carefully read the entire registration statement and proxy statement/prospectus, when they become available, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. The documents filed by MCAP with the SEC may be obtained free of charge at the SECs website at http://www.sec.gov, or by directing a request to MCAP Acquisition Corporation, 311 South Wacker Drive, Suite 6400, Chicago, Illinois 60606.

Participants in the Solicitation

MCAP and its directors and executive officers may be deemed participants in the solicitation of proxies from its stockholders with respect to the business combination. A list of the names of those directors and executive officers and a description of their interests in MCAP will be included in the proxy statement/prospectus for the proposed business combination when available at http://www.sec.gov. Information about MCAPs directors and executive officers and their ownership of MCAP common stock is set forth in MCAPs prospectus, dated February 25, 2021, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed business combination when it becomes available. These documents can be obtained free of charge from the source indicated above.

AdTheorent and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of MCAP in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the proxy statement/prospectus for the proposed business combination.

Forward Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as will likely result, are expected to, will continue, is anticipated, estimated, believe, intend, plan, projection, outlook or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding AdTheorents industry and market sizes, future opportunities for AdTheorent and MCAP, AdTheorents estimated future results and the proposed business combination between MCAP and AdTheorent, including the implied enterprise value, the expected transaction and ownership structure and the likelihood, timing and ability of the parties to successfully consummate the proposed transaction. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

In addition to factors previously disclosed in MCAPs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: inability to meet the closing conditions to the business combination, including the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement; the inability to complete the transactions contemplated by the definitive agreement due to the failure to obtain approval of MCAPs stockholders; the failure to achieve the minimum amount of cash available following any redemptions by MCAP stockholders; redemptions exceeding a maximum threshold or the failure to meet The Nasdaq Stock Markets initial listing standards in connection with the consummation of the contemplated transactions; costs related to the transactions contemplated by the definitive agreement; a delay or failure to realize the expected benefits from the proposed transaction; risks related to disruption of managements time from ongoing business operations due to the proposed transaction; changes in the digital advertising markets in which AdTheorent competes, including with respect to its competitive landscape, technology evolution or regulatory changes; changes in domestic and global general economic conditions; risk that AdTheorent may not be able to execute its growth strategies, including identifying and executing acquisitions; risks related to the ongoing COVID-19 pandemic and response; risk that AdTheorent may not be able to develop and maintain effective internal controls; and other risks and uncertainties indicated in MCAPs final prospectus, dated February 25, 2021, for its initial public offering, and the proxy statement/prospectus relating to the proposed business combination, including those under Risk Factors therein, and in MCAPs other filings with the SEC. AdTheorent and MCAP caution that the foregoing list of factors is not exclusive.

Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about MCAP and AdTheorent or the date of such information in the case of information from persons other than MCAP or AdTheorent, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding AdTheorents industry and markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.

Non-GAAP Financial Measures

This press release also includes certain non-GAAP financial measures that AdTheorents management uses to evaluate its operations, measure its performance and make strategic decisions, including Revenue ex-TAC and Adjusted EBITDA. We believe that Revenue ex-TAC and Adjusted EBITDA provide useful information to investors and others in understanding and evaluating AdTheorents operating results in the same manner as management. However, Revenue ex-TAC and Adjusted EBITDA are not financial measures calculated in accordance with GAAP and should not be considered as substitutes for revenue, net income, operating profit or any other operating performance measures calculated in accordance with GAAP.

No Offer or Solicitation

This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Originally posted here:

AdTheorent, a Leader in Data Science and Machine Learning Optimized Advertising, to List on NASDAQ via Merger with MCAP Acquisition Corporation -...

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Why is it Necessary for Engineers to Learn Data Science in 2021? – Analytics Insight

Whether you agree or not, the hype for engineering is dying out real quick in the third decade of the 21st century. Although the trend forengineerswas at its peak just five to eight years ago, technology is currently popularizingdata scienceprofessionals overengineers. But this is not the end for people who did engineering in the first place. They still have an opportunity to make an amazing comeback with the help ofdata science. Yes, it is necessary forengineers to learn data sciencein 2021, in order to keep their place in the job market.

Data science is a blend of mathematics, machine learning, business decision tools, and algorithms. It helps businesses bring out knowledge and insight from structured and unstructured data. With data becoming the center of decision-making in almost every industry, the demand fordata scienceprofessionals has also surged in the recent past. On the other hand,engineersare highly skilled professionals who need a switch. Most engineers are looking for ways to shift from their engineering jobs todata scienceor the big data industry to stay ahead in the job market. But adopting such a massive change involves challenges. As it is mandatory forengineers to learn data scienceto survive, they are willing to take the risk. Besides, the collaboration betweenengineering and data scienceis also bringing hope among many sectors including healthcare and pharmaceuticals, telecommunication, energy, automobile, banking, etc. They know how to enhance productivity and algorithm code quality by writing simple, performant, readable, and maintainable code. Engineers get to use engineering tactics along with business tools like Tableau, R, Apache Spark, SAS, Python, and many others.

As mentioned earlier,data scienceis a blend of many engineering necessities. Therefore, switching from engineering todata scienceinvolves expanding your skills in more data science-related tools. For example, if you are from Mechanical Engineering, then you must have a strong background in mathematics and physics, which can help you learn data analytics, machine learning tools, and other technological aspects easily. If you are a Computer, IT, or Software Engineer, then your existing software, hardware, networking tools, and knowledge in big data will help you embracedata sciencequickly.

Engineers who have worked for a long time in the industry might feel at ease while they are trying their hand at data science in the 21st century. But it is totally different for beginners. Engineers who started working just a couple of years might find it extremely daunting. The extreme void is because of their different inexperience in the market. Experienced engineers have a statistical mindset and reasoning, which is important in data science. On the other hand, freshers are not much into statistical point of view as they have just begun their career. To patch this gap, new engineers should work extra to become well-versed in data science in 2021. They should learn to generate hypotheses, analyze graphs, plots, and reasoning. Engineers should become experts in handling structured and unstructured data.

Besides planning for a shift from engineering to data science, engineers can also embrace the techniques of data science and streamline their current working process. As engineers are exposed to data constantly, their decision-making skills are already highly based on predicted big data outcomes. But dealing with massive data is different. Fortunately, data science can help you handle large data and take effective decisions based on that.

Engineers who have learned data science can easily connect the dots of the data ecosystem within a company or institution. Besides, learning data science comes with a list of advantages as listed below.

Data science is evolving to be the backbone of decision-making. Engineers who have learned data science are responsible for both the works of a data analyst and data scientist.

Engineers can understand coding better when they mend their skills with data science. They find easy and convenient ways to create abstract, broad, efficient, and scalable solutions.

Learning data science comes with great financial rewards. Over a short period of time, engineers gain value and can demand a high salary or switch to a job with a high salary after learning data science.

Even if you dont want to carry on your job as an engineer, but want to work in data science, it can be very useful to have basic knowledge from engineering courses.

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Alliance formed to create new professional standards for data science – FE News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the#FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments inSkills Newsand across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In Jan 2021, FE News had over 173,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector, putting us in the top 2,000 websites in the UK.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they dont necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and box set consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

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Hypertension: Comparing ACE inhibitors and ARBs – Medical News Today

ACE inhibitors and ARBs are equally recommended as first-line medications in the treatment of high blood pressure.

Currently, doctors prescribe ACE inhibitors more often than they do ARBs. However, few studies have compared the two classes of drugs directly.

A recent study published in Hypertension, an American Heart Association journal, set out to do just that. Study authors investigated whether there were any differences between the two sets of medication in terms of effectiveness and side effects.

ACE inhibitors and ARBs act on the renin-angiotensin-aldosterone system, which is a system of hormones that help regulate blood pressure. While both ACE inhibitors and ARBs are effective, the way they reduce hypertension is different.

Angiotensin is a hormone that narrows blood vessels, thereby restricting blood flow and increasing blood pressure. ACE inhibitors block an enzyme that triggers the production of angiotensin, which therefore reduces blood pressure.

ARBs block angiotensin receptors in the blood vessels. This diminishes the blood vessel-constricting effects of the angiotensin.

While people who are beginning treatment for high blood pressure can benefit equally from either of these medications, the recent study reports that ARBs may have fewer medication-related side effects than the ACE inhibitors.

The large-scale study focused on over 3 million participants with no history of heart disease or stroke who began high blood pressure treatment using ACE inhibitors or ARBs.

Eight electronic health record and insurance claim databases in the United States, Germany, and South Korea provided data for the study.

While prior research points to the similar effectiveness of these medications, information was limited or missing with regard to head-to-head comparisons of medication side effects in those who are starting hypertension treatments.

In addition, disagreement exists between studies as to whether ACE inhibitors, due to their longer history of use, should be the preferred form of treatment.

With so many medicines to choose from, we felt we could help provide some clarity and guidance to patients and healthcare professionals, says author RuiJun Chen, assistant professor in translational data science and informatics at Geisinger Medical Center in Danville, PA.

Researchers compared the occurrence of heart-related events and stroke among nearly 2.5 million people treated with ACE inhibitors with almost 700,000 patients treated with ARBs.

They also considered 51 different medication side effects between the two groups.

While finding no significant differences in the occurrence of any cardiac event, the study authors noticed major differences in observed side effects.

Compared with those taking ARBs, people who took ACE inhibitors were around 30% more likely to develop a persistent dry cough.

Dr. Matthew Tomey, a cardiologist and assistant professor of medicine and cardiology at the Icahn School of Medicine at Mount Sinai in New York City, NY, told Medical News Today that the chronic cough associated with ACE inhibitors is often the reason a prescriber will switch a patient from an ACE inhibitor to an ARB.

Results from the study also show that people taking ACE inhibitors were three times more likely to develop fluid accumulation, swelling of the deeper layers of the skin and mucous membranes, and a sudden inflammation of the pancreas.

Finally, those taking ARBs were 18% more likely to develop gastrointestinal bleeding.

In an interview with MNT, Dr. Gosia Wamil, Ph.D., a cardiologist at Mayo Clinic Healthcare in London, United Kingdom, made the following point after reviewing the study,

Given the likely potentially life threatening consequences of these adverse events, these are important warnings, which we will need to watch carefully when prescribing ACE [inhibitors].

However, Dr. Wamil also made it clear that retrospective observational studies such as these are limited by residual confounding and bias. She explained that, when the authors conducted further analyses with corrections, they did not fully reproduce the level of statistical significance.

While this study is notably strong in the number of patients tracked, the authors note several limitations. Among these is the possibility that because all the participants were just beginning treatment for hypertension, the results may not be applicable to people who were being treated and switched medications.

Dr. Wamil commented on the need for more head-to-head analyses between these two drug types. She believes approaching the study from an economic perspective, such as evaluating and comparing generic forms of these medicines, would be especially valuable for the public.

Agreeing with the need for further study, Dr. Tomey said, Observational studies, such as this one, are important tools to generate hypotheses, but they seldom provide final answers. For that, he explained, we need randomized clinical trials.

Dr. Tomey mentioned patients who may have other preexisting medical conditions that need to be treated along with hypertension. He concluded: We need to be sensitive to the fact that certain specific groups of patients may yet get superior benefits from one drug over the other.

Although the authors of this study suggest that their findings support preferential prescribing of ARB over ACE due to their better safety profile, Dr. Wamil concluded, I believe the main message from that study supports the use of these two groups of antihypertensive drugs in the prevention of major cardiovascular events.

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Web hosting trends: moving services to the cloud – TechRadar

Cloud computing is by no means a new technology. The on-demand availability of computer resources has gained popularity since the mid-00s, with the idea dating back to the early 90s. Web hosting is one of the industries where cloud computing made a revolution, changing the entire industry landscape.

But does the average client understand the cloud? Can they make it work to their advantage?

We will review the main characteristics of cloud hosting and how we can easily make the switch.

In the traditional type of hosting, you have one or many clients utilizing the resources of a single server for powering their online projects. Here is the big difference between shared and cloud services.

Hosting your website on the cloud means that you have access to the resources of a worldwide network of interconnected servers. This includes everything, from disk space and bandwidth to CPU and RAM. The resources are available on-demand, allowing you to overcome sudden traffic spikes and other things that normally cause service interruptions.

It's important to understand cloud services are not a separate type of hosting but more like an environment that any provider and client can utilize. Shared servers, VPS solutions, dedicated platforms - they can all be connected and operate on the cloud.

The way cloud computing operates opens an ocean of opportunities for website owners. Here are a few:

Scalable resources - one of the great advantages of the cloud is having all the needed server resources at any given time. Because you're not hosted on a single machine, you practically have no boundaries as to how much CPU power or operating memory you consume at any given time. The same goes when your traffic decreases - the resources are promptly adjusted to the lower consumption.

Ultimate availability - service downtimes are practically a thing of the past with cloud hosting. Utilizing a wide network of computers means that even if your server goes down - there will always be another to take the load. Traditional hosting users would need to add a CDN solution to achieve such uptime numbers.

Flexible pricing - utilizing just as much resources as you need at any given time helps you keep an easy track of your hosting costs as well. Cloud services are paid on a per-use basis, so your monthly bill will highly depend on your monthly consumption. Gone are the days where you'd be paying for an entire account even though you rarely use more than 10% of it.

Increased loading speeds - just as with your service availability, your loading speeds can also be positively affected by switching to the cloud. It's a simple principle, really - when a visitor tries to open any of your web pages, they get the content from the closest possible server. And by residing on the cloud, this means you are covering hundreds of locations all over the world, always getting the best possible response times.

Backup and disaster recovery - cloud servers are a great option for backups and disaster recovery as well. Keeping all your files properly secured on an offsite location is a must for any webmaster, but with the help of the cloud, you can guarantee no single breach can make you lose your data. Recovering a backup only takes a few mouse clicks but can save you months of heavy work.

The easiest way to classify cloud solutions is by their deployment method. Alternative types of cloud are popping up every year, but we can outline the following main categories:

Public Cloud - in this type of setup, you are utilizing shared resources from the public internet. Third-party providers lend those resources, either for free or for some premium fee. This allows you to take advantage of on-demand CPU, RAM, bandwidth, or disk space. Public cloud services are shared between multiple users, which raises some security concerns. Google Cloud and AWS are among the most popular public cloud vendors.

Private Cloud - opposite to the public solutions, private cloud hosting offers the pool of resources for the needs of a single company. Enterprises can choose to keep their setup on-premise or in third-party datacenters. The environment is highly secure and well-suited for commercial and even government use. VMWare, Citrix Cloud, and BMC software are well-acclaimed providers of private cloud services.

Hybrid Cloud - taking the best of both worlds, a hybrid cloud configuration allows webmasters to utilize both public and private cloud servers for the needs of their projects. Rackspace and Microsoft Azure are two of the best go-to places if you're looking for such a setup.

Others - this category contains all other combinations and new cloud technologies that are emerging in the last few years. Here, we can include Community Cloud, Distributed Cloud, Multi-Cloud, and others.

Let's say you've come to the decision that a cloud hosting solution would be the best option for your website. If your current provider offers such services, the process would be as simple as asking your support team to upgrade you to the chosen cloud server.

But what happens if they don't support such plans?

Worry not, as you can migrate to the cloud yourself. It only takes a few simple steps:

Find a new cloud host

Start by determining the type of hosting plan you need before searching for the vendor that can tie your plan to the cloud. For example, providers like ScalaHosting specialize in premium cloud VPS services, while others, like LiquidWeb, can fix you up with dedicated cloud solutions when needed.

Back up your data

Make sure to create an archive of all your files and associated databases. In the case of a cPanel-to-cPanel transition, the process is as simple as downloading the archive files on your computer and uploading them in the control panel of the new host.

Recreate your email accounts

If you also want to move your email correspondence, you would first need to go over to your new cloud hosting account and create the mailboxes you already have. You can also save all previous mail data and move it to the new server to keep everything intact.

Test like crazy

Before you switch to your live site, you need to first ensure your migration went through successfully. You can check your pages via IP address, analyze your images, and test your interlinking to avoid any hosting issues.

Change your domain DNS

If all seems to work correctly, it's time to point your domain name to your new cloud solution. Log in with your domain registrar and find the nameservers appointed to it. Change the DNS to the ones your new vendor supplied you with upon signup. There will be some propagation of up to 24-48 hours for the changes to occur globally.

You see, moving your services to the cloud is way less complicated than one might anticipate. Not to mention your hosting provider can ease the procedure even more by offering to take care of the migration for free. One chat with the support team can give you a good idea of the scope of their cloud services and how they can assist with the transfer.

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Syntax and AWS SAP Migration Factory Launch to Support Customers in Migrating and Modernizing their SAP Systems on AWS – Yahoo Finance

MONTREAL, July 27, 2021 /PRNewswire/ -- Syntax, a leading provider of cloud-managed ERP services, today announced the launch of the Syntax and Amazon Web Services (AWS) SAP Migration Factory. In close collaboration with AWS, Syntax brings over 40 years of SAP experience to give customers the confidence they need to quickly, securely and cost-effectively migrate their mission critical SAP and integrated applications on AWS.

Syntax (PRNewsfoto/Syntax)

Companies can leverage Syntax's more than four decades of SAP experience to achieve their specific business goals.

According to a survey from Syntax and America's SAP Users' Group (ASUG), 77% of SAP customers have yet to move their applications to the cloud, often from fear of downtime, data loss, wasting time or revenue, and potential disruption of day-to-day operations. Syntax is a trusted source within the AWS Partner Network (APN) that ensures customers mitigate these risks and more.

The same Syntax and ASUG survey found that 30% of SAP customers already operating in the cloud struggle with a lack of detailed cloud strategy. To combat these issues, experienced Syntax consultants work closely with their customers to develop and implement strategic plans for those companies' specific needs to successfully migrate or modernize their SAP systems while also retiring their technical debt.

"When moving or modernizing mission-critical SAP applications on AWS, many organizations will jump right in without first aligning the migration to their business strategy," said Ryan Etinson, CEO of Syntax Americas. "At the other end of the spectrum, though, you'll find customers paralyzed with indecision when faced with so many options to enable their SAP strategy. The Syntax and AWS SAP Migration Factory bridges this divide by addressing your company's specific needs."

Syntax is SAP certified in various operations, including application, cloud and infrastructure, hosting, and SAP HANA. As an APN Advanced Consulting Partner, the company has more than 200 AWS technical and business accreditations and 46 AWS technical certifications. Recently, Syntax achieved AWS SAP Competency Partner status. Syntax was the first global provider to hold the Application Management Services (AMS) certification for SAP S/4HANA. As an early SAP adopter and customer, Syntax has provided managed cloud hosting services for SAP customers throughout the proliferation of its Enterprise Resource Planning (ERP) software in the cloud. Syntax offers an array of SAP services, including upgrades, cloud hosting, application managed services, and ongoing support from SAP-certified experts.

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Companies can leverage these qualifications and Syntax's more than four decades of SAP experience to achieve their specific business goals with SAP. To learn more about how Syntax helps businesses achieve their goals by migrating or modernizing their SAP solutions on AWS, please visit: http://www.syntax.com.

About Syntax

Since 1972, Syntax has been providing comprehensive technology solutions to businesses of all sizes with thousands of customers trusting Syntax with their IT services and ERP needs. Today, Syntax is a leading Managed Cloud Provider for Mission Critical Enterprise Applications. Syntax has undisputed strength to implement and manage ERP deployments (Oracle, SAP) in a secure, resilient, private, public or hybrid cloud. With strong technical and functional consulting services, and world class monitoring and automation, Syntax serves corporations across a diverse range of industries and markets. Syntax has offices worldwide, and partners with Oracle, SAP, AWS, Microsoft, IBM, HPE, and other global technology leaders. Learn more about Syntax at http://www.syntax.com.

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Syntax and AWS SAP Migration Factory Launch to Support Customers in Migrating and Modernizing their SAP Systems on AWS - Yahoo Finance

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