NEWS
Sridhar Ramaswamy named new CEO of Snowflake
Sridhar Ramaswamy , Snowflake ’ s Senior
Vice President of AI , steps up as new CEO with Frank Slootman confirming his retirement in the role .
Slootman will continue to serve as Chairman of the Board . platform that is providing enterprises with the secure , scalable and cost-effective data foundation and cutting-edge AI building blocks they need to build for the future ,” said Ramaswamy . “ I am honored to have been chosen to lead the company into this next chapter of growth . “
“ As the leading cloud data platform , Snowflake is at the epicenter of the AI revolution ,” said Slootman .
“ There is no better person than Sridhar to lead Snowflake into this next phase of growth and deliver on the opportunity ahead in AI and Machine Learning . He is a visionary technologist with a proven track record of running and scaling successful businesses .”
Ramaswamy said : “ In the last 12 years , Frank and the entire team have established Snowflake as the leading cloud data
Since joining Snowflake in May 2023 with the company ’ s acquisition of Neeva , Ramaswamy has been spearheading Snowflake ’ s AI strategy .
He led the launch of Snowflake Cortex , Snowflake ’ s new fully managed service that makes AI simple and secure for all users to quickly drive business value .
Prior to joining Snowflake , Ramaswamy co-founded Neeva in 2019 after 15 years at Google as an integral part of the growth of AdWords and Google ’ s advertising business from $ 1.5 billion to over $ 100 billion .
Sridhar Ramaswamy , CEO , Snowflake
NEC UPF achieves industry-leading high performance in 5G core networks
NEC Corporation has confirmed that its User Plane Function ( UPF ) for processing user data traffic in 5G core networks ( 5GC ) has achieved an industryleading throughput of 1.3 Tbps per server on Intel servers with 4th generation Intel Xeon Scalable processors .
As 5G advances towards the Beyond 5G / 6G era and next-generation information and communications infrastructure are introduced , communications traffic is expected to increase dramatically due to the spread of highdefinition video distribution , AR , VR and AI . efficiency by applying advanced approaches such as optimizing CPU processing , accelerating memory access and reducing memory access delays .
NEC has also been continuously evaluating the latest hardware to improve performance and has now successfully confirmed the groundbreaking high throughput of 1.3 Tbps in testing of a UPF on servers using 4th generation Intel Xeon scalable processors .
Moreover , NEC has ensured the energy efficiency of the UPF by using Intel Infrastructure Power Manager , enabling the company to offset the influence of increasing power consumption in pursuit of carbon neutrality .
This achievement helps to significantly improve the performance of mobile network traffic processing , as well as contributing to lower power consumption and costs .
Under these circumstances , telecom operators are being compelled to continuously expand their facilities , resulting in increased power consumption and costs that are becoming a major business challenge .
In recent years , NEC has been working to improve UPF performance and its processing
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