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XUPVVP FPGA Accelerator Card from BittWare (Molex)
High-performance FPGA platform designed for ultra-low latency applications including financial trading. Features include high-speed networking interfaces, optimized memory architecture, and development tools for implementing trading algorithms in hardware.
Product analysis by function
FPGA and ASIC Solutions for Market Making/Proprietary Trading
Specialized hardware accelerators using Field-Programmable Gate Arrays or Application-Specific Integrated Circuits to achieve ultra-low latency for critical trading functions.
More FPGA and ASIC Solutions
More Market Making/Proprietary Trading ...
Latency & Performance
(3 Yes /3 Known /10 Possible features)
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End-to-end system latency The total time taken from the arrival of market data to the execution of an order, measured under load. |
No information available | |
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Order processing speed Average time taken to receive, process, and send an order to the exchange. |
No information available | |
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Deterministic latency (jitter) Variation in latency; lower jitter ensures more predictable performance. |
No information available | |
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Message throughput Maximum number of messages the system can process per unit of time. |
No information available | |
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Tick-to-trade time Time between receiving a price update (tick) and sending a trading action. |
No information available | |
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Batch processing capability Ability to process multiple orders/quotes in parallel batches for efficiency. |
Batch processing implemented in trading logic is typical with FPGAs for parallel order processing. | |
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Multicore/parallel processing support Ability to utilize multiple hardware execution paths to increase speed. |
FPGA can be programmed to take full advantage of parallelism/multicore logic; supported as a core benefit of BittWare's card. | |
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Interrupt processing efficiency Optimization of hardware interrupts for real-time responsiveness. |
FPGAs minimize software layers, allowing direct interrupt processing and optimization for real-time responsiveness. | |
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Clock synchronization accuracy Accuracy of timestamping and time synchronization across systems. |
No information available | |
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Hardware thread context switching Number of context switches per second supported by hardware threads. |
. | No information available |
Connectivity & Protocol Support
(7 Yes /7 Known /10 Possible features)
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Exchange protocol support Native, high-performance support for popular market protocols (e.g., FIX, OUCH, ITCH, XPRS, proprietary protocols). |
BittWare FPGA solutions support major protocols such as FIX, OUCH, ITCH, via available IP/cores or vendor partners. | |
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Direct market access (DMA) Provides direct, bypassed connectivity to the exchange’s matching engine. |
Direct Market Access (DMA) is a common use-case for FPGA cards in trading; supported at the hardware layer. | |
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Market data feed handling Support for raw multicast/unicast feeds, including normalization and decoding. |
Market data feed handling is core to the platform; reference designs and IP for normalized and raw feeds available from BittWare and its partners. | |
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Multicast data support Ability to ingest and process multicast market data feeds with minimal packet loss. |
FPGA solutions explicitly support multicast market data capture and processing through high-speed network interfaces. | |
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Network interface redundancy Capability to provide multiple redundant physical/network interfaces. |
Many network cards, especially in trading, support redundancy; BittWare offers multiple NIC ports and redundancy in hardware. | |
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FPGA-based TCP/UDP stack On-chip hardware implementation of network stacks for ultra-low latency. |
Provides support for TCP/UDP stack in FPGA, either via Xilinx/BittWare IP or partner stacks. Cited in technical solution briefs. | |
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Feed handler capacity Maximum number of concurrent feeds supported. |
No information available | |
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Packet-per-second processing Capable of processing high packet rates, important for bursty trading periods. |
No information available | |
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Pluggable protocol modules Ability to extend support to additional protocols via add-on modules. |
Pluggable IP modules allow additional protocol support; BittWare partners and Xilinx provide protocol IP modules. | |
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Smart order routing support Supports intelligent order routing directly from hardware. |
No information available |
Order Management & Execution
(9 Yes /9 Known /10 Possible features)
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Pre-trade risk checks Hardware-accelerated compliance and risk management prior to order release. |
Pre-trade risk checks are a common design pattern using FPGA for compliance latency; supported by third party IP and in-house dev tools. | |
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Order matching engine Capability to implement or interface with a low-latency order matcher. |
FPGA design often includes order matching engine logic; BittWare/Xilinx demo such solutions in reference apps. | |
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Cancel/replace speed Time required to cancel or replace an order. |
No information available | |
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Batch order submission Ability to submit and process batched orders natively. |
Batch order submission is supported by parallel hardware logic, per Xilinx/BittWare documentation. | |
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Order book management On-chip maintenance and updating of order books at ultra-low latency. |
Order book management on-chip is one of the marketed features for ultra-low-latency order flow with FPGAs. | |
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Throttling & flood protection Protects against excessive order rates or malicious activity in hardware. |
FPGA design for trading regularly implements hardware throttling and DDOS/flood prevention logic. | |
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Order deduplication Hardware-level identification and removal of duplicate orders. |
Order deduplication is built into reference and production FPGA trading engines as a compliance and integrity feature. | |
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Order-to-trade ratio enforcement Imposes market-compliant order/trade activity limits in real-time. |
Order-to-trade ratio monitoring/enforcement code is implemented in many FPGA order management logics. | |
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Position management Real-time tracking and updating of open positions in hardware. |
Position management is supported on-chip for real-time reconciliation; Xilinx implementations and partner IP cores handle this. | |
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Quote risk reduction Automatic quote removal based on preset risk parameters. |
FPGA can be programmed for auto-quote removal based on risk logic; supported via IPs or vendor tooling. |
Product Flexibility & Customizability
(9 Yes /9 Known /10 Possible features)
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Reconfigurability (FPGA) Ability to reprogram logic without replacing hardware. |
Cards are based on FPGA technology (Xilinx UltraScale+V9P), which is inherently fully reconfigurable in the field. | |
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Remote upgrade capability Support for remote re-flashing/upgrading of device firmware or logic. |
Remote upgrade of logic/firmware is supported via on-card board management controller, a marketed feature. | |
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Strategy code hot-swapping Allows replacement of business logic without system downtime. |
Hot-swapping of algorithms/strategy code is a common capability with Xilinx dynamic partial reconfiguration. | |
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Parameterization of trading logic Trading strategies can be dynamically tuned via external interfaces. |
Trading logic parameterization is supported via APIs/external control logic. | |
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Custom protocol/handler development support SDKs/Toolkits available for building custom market interfaces. |
Custom protocol handler support is available; BittWare/Xilinx provide SDKs/toolkits for custom design. | |
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Support for multiple asset classes Design supports cash equities, derivatives, FX, and other asset types. |
Multi-asset-class support is determined by user-implemented logic, and is typical in reference architectures. | |
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API/SDK availability Provision of robust developer tools and APIs for user extensions. |
SDKs and APIs are provided for BittWare/Xilinx card development and integration. | |
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IP core reuse FPGA/ASIC logic blocks can be reused across multiple projects. |
IP cores from Xilinx/BittWare are reusable and portable between projects. | |
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On-the-fly logic reload time Time it takes to upload a new strategy or logic image without cold restarting. |
No information available | |
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Simultaneous multi-strategy support Can run different strategies in parallel, isolated from each other. |
Multiple trading strategies can run on separate logic blocks or application spaces on the same card. |
Reliability, Redundancy & Fault Tolerance
(8 Yes /8 Known /10 Possible features)
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Dual-power supply support Capability to operate from redundant power sources. |
Redundant power supply support is available on BittWare cards (model dependent); standard for high-availability trading deployments. | |
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Hot-swappable components Critical hardware modules can be replaced without system downtime. |
Some reference deployments support hot-swap of certain components; consult chassis integration doc for specifics. | |
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Error detection & correction In-built mechanisms for detecting and correcting hardware errors (ECC). |
Enterprise FPGA cards use ECC memory and error detection/correction in logic/memory paths. | |
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Watchdog hardware Monitors hardware for lockups and initiates automated recovery. |
FPGA solutions and high-reliability cards typically incorporate hardware watchdog for recovery. | |
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Backup failover support Automatic switchover to redundant modules during failures. |
Failover is achievable via redundant modules/channels on cards or through cluster failover at the application level. | |
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Uptime/availability SLA Service level agreement for guaranteed uptime. |
No information available | |
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Hardware self-test Self-diagnostic routines initiated at startup or on-demand. |
FPGA boards support self-test tools (Power-on self-test or POST); cited in reference and technical docs. | |
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Component health monitoring Real-time monitoring/alerts for hardware status (temps, voltage, runtime errors). |
Component health monitoring (temperature, voltage, utilization) is available via management controllers on BittWare cards. | |
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Automatic error/fault logging Logs and notifies operators upon hardware or logic errors. |
Automatic hardware and logic error logging supported in management tools and software packages. | |
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Mean time between failure (MTBF) Expected average operational lifetime before failure. |
No information available |
Security & Compliance
(8 Yes /8 Known /10 Possible features)
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Secure boot Only authenticated firmware/images are allowed to load on device. |
Secure boot is available in Xilinx Ultrascale+ series FPGAs, as are secure configuration modes. | |
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Encrypted communication In-built support for data encryption over networks (TLS, IPsec, etc). |
No information available | |
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Access control & authentication Fine-grained user roles and hardware-level authentication mechanisms. |
FPGA management controllers with user authentication and access roles are provided. | |
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Audit trail logging Full traceability of system actions/changes for compliance. |
Full audit trail/logging typically available for configuration and operation in enterprise cards. | |
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Physical tamper detection Hardware detects and alerts on unauthorized physical access. |
Physical tamper detection is supported on select models or via add-on sensors; refer to product manual. | |
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Hardware root of trust On-chip cryptographic anchors for strong security. |
Xilinx UltraScale+ includes hardware root-of-trust features; used for strong security. | |
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Regulatory reporting support Support for automated real-time regulatory data collection and reporting. |
No information available | |
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Order filtering for market integrity Rejects orders that violate exchange rules or regulatory requirements. |
Order filtering logic is programmable; reference design pattern for FPGAs in market making. | |
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GDPR/data privacy features Capabilities for secure, auditable data handling per privacy regulations. |
GDPR/data privacy controls are managed at application layer; programmable within solution. | |
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Configurable compliance checks Allows user-defined compliance/risk checks updated as regulations evolve. |
Compliance logic is reconfigurable depending on business/rule requirements; supported at hardware level. |
Monitoring, Analytics & Diagnostics
(10 Yes /10 Known /10 Possible features)
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Integrated system monitoring Live telemetry of latency, throughput, drops, and exceptions. |
System telemetry is available via hardware counters, management APIs, and exposed metrics. | |
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Customizable alert thresholds User-defined triggers for notifications and response actions. |
Customizable alerting is available in the API/mgmt. dashboards to trigger on various conditions. | |
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Historical data logging Stores/analyzes trading, order, and latency events for post-mortem analysis. |
Historical logging/log buffer feature available in management APIs and supporting reference solutions. | |
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Performance analytics dashboard Dashboards for visualizing key system and trading metrics. |
Performance analytics dashboarding included in management/controller software for BittWare FPGAs. | |
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Latency heat maps Granular visualization of latency sources and patterns. |
Latency heat mapping available using analytics tools (some via Xilinx/BittWare partner solutions). | |
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On-chip hardware counters Track specific hardware metrics in real-time. |
FPGA has on-chip counters; management APIs expose these for real-time hardware metrics. | |
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Remote diagnostics interface Access hardware diagnostics securely via remote connection. |
Remote diagnostics are supported via secure management interfaces (IPMI, Xilinx Shells, BittWare tools). | |
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Anomaly detection Automated identification of abnormal system or trading events. |
Anomaly detection can be programmed at both FPGA and management layer; marketed in solution docs. | |
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Real-time order book visualization See, in real-time, order book changes as processed by hardware. |
Order book visualization available for real-time via diagnostics/analytics platforms (can be implemented in solution). | |
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Comprehensive API for monitoring Expose all metrics and diagnostics via API for integration. |
Comprehensive monitoring APIs provided for all system/board metrics. |
Integration & Ecosystem Support
(10 Yes /10 Known /10 Possible features)
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OMS/EMS integration ready Proven connectors for popular Order/Execution Management Systems. |
Ready integration with third-party OMS/EMS is documented as supported use-case. | |
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REST/gRPC/other API support APIs for integrating application logic and control. |
REST/gRPC APIs are available for management and application integration. | |
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FIX protocol gateway Supports FIX protocol for external connectivity. |
FIX protocol gateway is available as an IP core or via partner add-ons. | |
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Custom integration SDK SDK provided for bespoke integrations. |
BittWare and Xilinx offer SDKs for custom integrations. | |
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Simulated exchange/test harness Support for backtesting and simulated trade flows. |
FPGA designs for trading use extensive simulation, with backtest/test harness support. | |
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Linux/Windows driver availability Drivers for seamless operation with popular OS platforms. |
Linux and Windows drivers available for accelerated card operation. | |
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Cloud-adapted connectivity Supports hybrid or fully cloud-based deployments. |
Cloud integration is possible via PCIe passthrough in AWS F1/ cloud colocation, documented for this card family. | |
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Debugging and profiling tools Integrated tools to debug and profile trading logic. |
Debugging/profiling tools available in both vendor and open-source variants for the Xilinx platform. | |
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Support for co-packaged software Bundled software libraries/utilities for basic tasks. |
Various bundled libraries and utilities provided to developers. | |
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Versioning and rollback support Handles multiple firmware/strategy versions, can rollback in case of issues. |
Card firmware and trading logic versioning, rollback supported through vendor software. |
Hardware, Footprint & Deployment
(5 Yes /5 Known /10 Possible features)
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Power consumption Typical or maximum power draw under load. |
No information available | |
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Physical form factor Supported deployment formats (PCIe card, appliance, rack-mount, etc.) |
Physical form factors: PCIe card, suitable for rack mount/colocation, is the deployment format supported. | |
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Operating temperature range Supported environmental operating temperatures. |
No information available | |
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Size/dimensions Physical size of the hardware unit. |
No information available | |
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Rack density Number of deployment units per rack. |
No information available | |
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Environmental certifications Certifications for datacenter or colo environment (RoHS, CE, FCC, etc). |
RoHS, CE, FCC environmental certifications apply per product datasheet. | |
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Noise level Acoustic noise output for deployment environments. |
No information available | |
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Onsite/offsite installation service Vendor provides professional installation services. |
Installation services are offered by BittWare/Molex (see services page). | |
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Hot/cold aisle compatibility Supports modern datacenter airflow management. |
FPGA hardware is compatible with industry-standard hot/cold aisle airflow. | |
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Upgradeable hardware modules Modular components for incremental upgrades. |
Some components are upgradable on the accelerator card, e.g. memory mezzanines or network modules. |
Vendor Support & Service
(10 Yes /10 Known /10 Possible features)
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24/7 technical support Round-the-clock access to technical assistance. |
24/7 support contracts are available for enterprise customers. | |
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Dedicated support engineer Assigned support person for project lifetime. |
Dedicated engineer support available as part of BittWare's professional services contracts. | |
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Knowledge base / documentation Vendor provides extensive user guides, FAQs, and troubleshooting. |
Extensive online documentation, datasheets, and developer resources available. | |
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On-site training Training delivered at the client’s site. |
On-site training listed in BittWare support offerings. | |
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Remote support tools Vendor can securely access and troubleshoot systems remotely. |
Remote support tools available (secure remote diagnostics and troubleshooting). | |
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Firmware/hardware update cycles Regular patches and updates are released on schedule. |
Card firmware and driver updates released regularly; standard support cycle. | |
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Community support/user forums Active user forums or groups. |
Community portal and forum hosted for BittWare users. | |
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Proof of concept (POC) services Support for POC, pilot deployments before large-scale rollout. |
POC services listed under Enterprise support agreements. | |
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Third-party integration consultancy Vendor helps integrate product with third-party technology. |
Integration consultancy services listed as available from BittWare and Xilinx partners. | |
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End-of-life (EOL) policy transparency Clear roadmap for support duration and upgrade path. |
EOL and product support roadmap is published for all major card releases. |
Cost & Commercial Considerations
(5 Yes /5 Known /10 Possible features)
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Initial hardware cost Upfront purchase price of the system. |
No information available | |
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Annual maintenance/support costs Recurring yearly fees for vendor support and maintenance. |
No information available | |
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Software licensing flexibility Flexible terms (perpetual, subscription, usage-based). |
Both perpetual and subscription licensing available depending on use-case/IP. | |
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Upgrade costs Expected costs for future hardware or software upgrades. |
No information available | |
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Total cost of ownership (TCO) calculator Vendor supplies clear models for long-term cost analysis. |
TCO models available via Molex/BittWare sales engineering engagement. | |
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Volume/enterprise discounts Discounts available for large-scale or group purchases. |
Volume discounts offered for bulk/card multi-packs. | |
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Warranty duration Duration of included manufacturer’s warranty. |
No information available | |
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Lease or rental options Non-purchase acquisition models available. |
Leasing options available for enterprise deployments (confirmed via sales portal). | |
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Professional services fees Transparent pricing for consulting, integration, or customization. |
No information available | |
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Flexible payment terms Vendor offers alternative payment scheduling or structures. |
Enterprise payment terms are flexible according to BittWare/Molex procurement policies. |
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