AMPD Announces Establishment of European Sub...Exciting development ! AMPD should be a $1.00 stock. CEO feels it has $1 billion valuation potential.
AMPD Ventures Inc. Announces Establishment of European Subsidiary, Engages With Equinix, Inc. for Global Rollout of AMPD Virtual Studio Offering
VANCOUVER, BC / ACCESSWIRE / August 26, 2021 / AMPD Ventures Inc. ("AMPD" or the "Company")(CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0), a next generation digital infrastructure provider, is proud today to announce that it has formally established a European subsidiary, AMPD Technologies (Europe) Limited, and has entered into an agreement with Equinix, Inc (EQIX), the world's largest data centre and colocation infrastructure, in anticipation of the global rollout of its AMPD Virtual Studio offering.
AMPD specializes in providing high-performance computing and cloud solutions for next-generation applications, including cutting-edge digital content creation, big data analysis and visualization, artificial intelligence, and high-level academic research. As the world charges forward towards the realization of ‘the Metaverse' and other spatial computing initiatives, AMPD is representative of a next generation of independent, sector-focused service providers offering underlying infrastructure solutions to cope with the low latency, high performance demands of these applications, while offering the convenience of cloud computing business models.
Earlier this year, the Company announced that Mr. Wolfgang Stindl, a senior interactive and digital media business development professional with more than 25 years of experience, had joined the AMPD team to help establish and develop the Company's presence in the European market. Based upon the amount of interest in AMPD's products and services now being generated in the region, the Company recently established its European subsidiary, AMPD Technologies (Europe) Limited, in Dublin, Ireland to cater to customers across the European Economic Area.
Additionally, the Company is pleased to announce that it has partnered with Equinix, Inc., the world's largest data centre and colocation infrastructure provider, for the establishment of its European data centre presence in Amsterdam, as well as in other key markets around the world. AMPD expects to roll out its base high-performance compute deployments, known as ‘AMPD Pods', in Amsterdam, Los Angeles, and Vancouver before the end of the year, with additional locations expected to come online during the first half of 2022.
"Recent investment and the acquisition of Canadian cloud computing company, Cloud-A Inc., has significantly increased our go-to-market velocity, and accelerated the development of our AMPD Virtual Studio offering," said Anthony Brown, CEO at AMPD Ventures Inc. "Interest in our high-performance private cloud solutions has never been more active, not only in North America, but wherever there are clusters of digital content creators."
The AMPD Virtual Studio Suite is the result of the AMPD team's decades of experience working with digital content creators, and offers an integrated suite of private cloud-based solutions designed to create the ultimate 'infrastructure-less' studio. AMPD Virtual Studio is comprised of three key components: AMPD Virtual Workstations, AMPD Render, and AMPD Storage. By moving the bulk of a studio's compute requirements offsite into secure, enterprise-grade AMPD hosting environments, studios gain the advantage of a fully composable, flexible compute environment with the convenience of the cloud's right-scaled business model. For example, a studio might use its allocated compute resources during the daytime to operate a range of differently configured virtual workstations accessed from the studio or from creators' homes. Over night, the same compute can be quickly reconfigured to contribute significant additional rendering firepower. The result is a highly cost-effective, greener solution that has significant advantages over on-premises deployment.
"AMPD Virtual Studio is an important step in AMPD's ongoing transition towards a high-value, right-scaled infrastructure model that properly addresses the needs of companies that demand high-performance compute architecture," said Don Bustin, CTO at AMPD Technologies. "Our partnership with Equinix is the latest addition to a roster of leading industry partners that recognize the need for a new type of computing - both from the technical and business model perspective - and I am excited to begin rolling our solution out on a global basis with such a well-respected partner."
"While the overall global cloud computing market is forecast to grow from around $370B in 2020 to over $830B by 2025, representing a CAGR of 17.5%, growth in spatial computing is predicted to be much faster. The digital twin market, for example, is expected to grow from $3.2B in 2020 to over $48B in 2025, representing a CAGR of 58%," said James Hursthouse, Chief Strategy Officer at AMPD. "Digital twinning is only one example of the type of spatial computing for which the AMPD high-performance-computing-at-the-edge platform has been developed."
About AMPD Ventures Inc.
AMPD specializes in providing high-performance cloud and computing solutions for low-latency applications, including video games and eSports, digital animation and visual effects, and big data collection, analysis and visualization. Additional information about the company is available on SEDAR and our website at https://www.ampd.tech.
For further information please contact AMPD Investor Relations:
Tel: 604-332-3329 ext. 3
ir@ampd.tech
https://www.ampd.tech