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SpaceChain Receives Grant from EUREKA GlobalStars-Singapore Call to Jointly Develop Decentralised Satellite Infrastructure with Consortium Partners

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Milestone brings together SpaceChain, Addvalue Innovation and Alba Orbital on a mission to democratise access to space innovations

HARWELL, England, Dec. 10, 2020 — EUREKA, in partnership with Enterprise Singapore and Innovate UK, has awarded GBP440,000 in funding together with access to research and development facilities and resources to SpaceChain UK Limited (SpaceChain) and consortium partners Addvalue Innovation Pte Ltd ("Addvalue ") and Alba Orbital. Awarded under the EUREKA Globalstars-Singapore Call, the companies will jointly develop a decentralised satellite infrastructure (DSI) that powers a blockchain payload at its core to enable direct tasking of a satellite in real-time.

The DSI innovation will be formed by a mesh-network of heterogeneous spacecrafts that is owned by multiple parties across jurisdictions operated in Low Earth Orbit (LEO). The DSI is set to democratise access to the nascent space sector with lower barriers to entry by individual companies. The innovation also bridges the communication gap between technology and data.

Once the DSI architecture and the blockchain payload is developed, stringent testing will be carried out on the blockchain-based satellite tasking to ensure secure, reliable connectivity and performance between the DSI infrastructure and ground-based users in real-time. The DSI infrastructure will advance the development of commercial use cases linking space resource providers, satellite application and fintech companies with an ultra-secure and low-latency network.

"We are honoured to receive support from EUREKA, Enterprise Singapore and Innovate UK as we forge ahead on our mission to develop a New Space Economy and minimise the entry barriers to space with the DSI," said Nick Trudgen, chief commercial officer and UK director at SpaceChain. "Space exploration projects are tremendous in scale and require close collaboration and partnership, and this milestone unlocks new opportunities for building commercial solutions that leverage space and blockchain applications."

The innovation will be made possible collectively with the blockchain payload and software package developed by SpaceChain, the Unicorn-2 PocketQube platform built by Alba Orbital, and on-demand real-time communication provided by Addvalue through their Inter-Satellite Data Relay System (IDRS) that leverages LEO-Geosynchronous Earth Orbit (GEO) links.

"With the global blockchain market size projected to grow at a CAGR of 67.3% per annum from USD3.0 billion in 2020 to USD39.7 billion by 2025*, it is undeniable that blockchain technologies will play a very significant role in space applications, especially in the name of cyber-security in protecting the different assets in the space information network. The Addvalue IDRS solution is a key enabler in ensuring the availability of low latency and reliable connectivity for the effective blockchain applications in a decentralized and distributed satellite infrastructure. The funding from EUREKA epitomizes our collective innovation in redefining the future of space applications. Addvalue, through the offering of its proven inter-satellite communication expertise and developmental capabilities for such embedded systems, is excited to be part of the consortium which put us in a pole position to target the fast growing blockchain market in a satellite environment," said Francis Low, Head of Advanced Development at Addvalue Innovation.

"We are very excited to collaborate with SpaceChain and Addvalue as we integrate our expertise for ground-to-satellite communications to create this pioneering DSI Innovation," said Tom Walkinshaw, founder and CEO of Alba Orbital. "Built upon our shared vision in advancing the frontiers of space technologies for businesses, the partnership will catalyse the use of space systems and services in the commercial market with unparalleled performance and security."

The EUREKA project is expected to commence in early 2021.

*source from MarketsandMarket

About SpaceChain

SpaceChain fosters decentralized infrastructure for the New Space Economy. By combining space and blockchain technologies, SpaceChain is making the development of space applications easier and making space more accessible. SpaceChain UK Limited is a subsidiary of SpaceChain Limited. For more information, visit spacechain.com

About Addvalue Innovation

Addvalue Innovation Pte Ltd, a wholly-owned subsidiary of SGX Mainboard-listed Addvalue Technologies Ltd (A31), is a leading satellite-based communication solutions company. Addvalue provides state-of-the-art communication terminals for use in space, in the air, at sea and on the ground. The company also offers extensive engineering and integration services to its customers, including the design and development of reconfigurable embedded system suitable for software defined radio and edge computing applications. Whatever the market or application, the company’s wide range of satellite-based products and services is sure to offer the right technology to drive enhanced connectivity. Learn more at www.addvaluetech.com

About Alba Orbital

Alba Orbital is the world’s leading PocketQube satellite manufacturer and launch broker. The company was founded in 2012 in Glasgow, Scotland and recently opened its second office in Berlin, Germany. To date, Alba launch has successfully deployed 6 PocketQube satellites into orbit including the Unicorn-2 platform. Unicorn-2 is the world’s most capable Picosat by specification. Albaconnect, a ground station service developed by Alba, completes the full end-to-end service to newspace users and operators. Alba has 20+ customers on 3 continents. For more information visit albaorbital.com

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Entrust Ranks Best for IoT Identity and Access Management in New Quadrant Knowledge Solutions 2020 SPARK Matrix Report

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Report ranking based on market dynamics, trends and competitive landscape across a variety of sectors

SINGAPORE, Dec. 10, 2020 — Entrust, a leading provider of trusted identities, payments and data protection, today announced it has been named the clear technology winner in the Quadrant Knowledge Solutions 2020 SPARK Matrix™: IoT Identity & Access Management report. In the report, Entrust scored the highest in ratings across the various performance parameters and has been positioned as the overall technology leader in the global Internet of Things (IoT) Identity and Access Management (IAM) market based on its solutions offering, market presence and customer value proposition.

The report provides an in-depth analysis of the global IoT IAM market, inclusive of market dynamics, trends, the vendor landscape and a competitive positioning analysis that spans across a variety of sectors including enterprise IT, industrial, building and facilities, infrastructure, healthcare and more. This research and analysis provides IT teams with vital information needed to evaluate vendor capabilities, competitive differentiation and market position.

While IT teams are rapidly adopting smart devices across all sectors to create value through workflow efficiencies, innovation and business transformation, there is a growing concern for the security vulnerabilities these devices bring. Entrust’s comprehensive IoT security solutions enable organisations to build a secure, connected ecosystem – from scalable enrollment and provisioning of trusted identities to identity lifecycle management to authentication and policy-based authorisation to detailed access control.

"Entrust has proven it has the expertise and broad portfolio of IoT Identity Issuance and Identity Management solutions to easily support medium to large scale IoT deployments in a variety of sectors," said Divya Baranawal, Research Director for Quadrant Knowledge Solutions. "Based on our market analysis, they are the clear technology leader in this space."

"We are extremely honoured to be recognised by Quadrant Knowledge Solutions in this way," said Jay Schiavo, Vice President of Digital Certificate & Signing Solutions for Entrust. "Our digital security portfolio provides a foundation of trust while offering the scalability needed to meet rapidly changing business needs – supporting the addition of new user groups, new use cases, evolving security threats and more."

To read Quadrant Knowledge Solutions’ 2020 SPARK Matrix: IoT Identity & Access Management report: visit website.

For more information on Entrust’s digital security solutions, visit our website at www.entrust.com/digital-security.

About Entrust

Entrust keeps the world moving safely by enabling trusted identities, payments and data protection. Today more than ever, people demand seamless, secure experiences, whether they’re crossing borders, making a purchase, accessing e-government services or logging into corporate networks. Entrust offers an unmatched breadth of digital security and credential issuance solutions at the very heart of all these interactions. With more than 2,500 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most entrusted organisations trust us. For more information, visit www.entrust.com.

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Evolv Technology Lauded by Frost & Sullivan for its AI-powered Touchless Threat Detection Technology, Evolv Express™

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In addition to detecting weapons, Evolv Express™’ ability to detect body temperature makes it an ideal tool to optimize safety measures and ensure minimum person-to-person interaction

SANTA CLARA, Calif., Dec. 10, 2020 — Based on its recent analysis of the North American AI-based touchless security screening solution market, Frost & Sullivan recognizes Evolv Technology with the 2020 North American Technology Innovation Leadership Award for Evolv Express™. As the only touchless security screening system in the world, it is a viable alternative to existing metal detector arches and handheld wands due to its ability to identify concealed weapons with high sensitivity and accuracy.

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"Evolv Express™ comprises a low-frequency electromagnetic sensor and AI feature that can detect, locate, and automatically categorize concealed explosives and firearms on visitors or employees in real-time while ignoring other harmless personal items such as smartphones, keys, coins, and belts. There is no need for visitors to stop, empty their pockets, and open their bags for physical/invasive security screening," said Varun Babu Industry Analyst. "Significantly, it is 10x faster than traditional metal detectors and can screen more than 3,600 individuals per hour, wherein individuals can walk at a normal pace one at a time, or in groups via multi-lane entrances. This reduces manpower costs and the need for additional security guards at multi-lane security screening checkpoints."

Evolv is primarily deployed at large workplaces, ticketed venues, and schools. To date, it has screened more than 50 million individuals and prevented visitors from carrying over 5,000 weapons into facilities and events. The solution is also highly adaptable to address COVID-19-related challenges. With workers now slowly returning to the workplace, the company has modified the solution to help assess health risks. The Evolv Express Thermal Imaging Package comprises a thermal sensor and the Evolv TempCheck™ software application that aids companies in screening their employees and visitors for elevated temperatures.

Meanwhile, STANLEY Security, the world’s second-largest electronic security company and global integrator of comprehensive security solutions, has strategically collaborated and invested in Evolv Technology. It also has global distribution agreements with Johnson Controls and many other regional distributors worldwide. This business model empowers the company to achieve a wide global presence with extended support from resellers and channel partners.

"Evolv’s recent addition of the thermal sensor and the Evolv TempCheck software application in Evolv Express is aiding its expansion efforts in Europe and Asia-Pacific," noted Babu. "With more than 100 patents filed related to its automatic threat detection technology with real-time analysis and modular imaging system, Evolv’s technology is unique and not easily duplicated anywhere in the world."

Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that deliver significant customer value.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Harley Gadomski
P: 1 210 477 8469
E: harley.gadomski@frost.com 

About Evolv Technologies, Inc.

Evolv Technology provides touchless security screening systems that ensure safety without sacrificing the visitor experience. The company’s latest product, coupled with a thermal imaging package, spots concealed weapons and potential virus infection threats using advanced digital sensors and artificial intelligence that is incredibly accurate, discreet and delivers significantly more throughput than older technologies. Evolv Express™ has earned industry accolades such as the 2020 Edison Awards™, two Campus Safety 2020 BEST Awards, and Campus Security & Life Safety magazine’s Secure Campus 2020 Awards. Evolv’s customers include hundreds of outdoor entertainment venues, stadiums, large-scale events, cultural landmarks, corporations and warehouses, schools and hospitals around the globe. Led by a team of security industry thought leaders with a track record for delivering first-to-market products, the company holds more than 100 patents. Evolv’s investors include Bill Gates, Florida Governor Jeb Bush’s firm, Finback Investment Partners, DCVC (Data Collective), General Catalyst Partners, Lux Capital, SineWave Ventures and STANLEY Ventures. The company’s partners include STANLEY Security and Johnson Controls. For more information, visit https://evolvtechnology.com.

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Wiz Emerges from Stealth with $100 Million Series A Financing and a Mission to Reinvent Cloud Security

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New financing from Index Ventures, Sequoia and Insight Partners comes just nine months after the first line of code; Wiz’s cloud security platform already in use at Fortune 100 customers at scale

PALO ALTO, Calif. and TEL AVIV, Israel, Dec. 10, 2020 — Wiz, a fast-growing cloud security innovator, today emerged from stealth with $100 million in Series A financing from Index Ventures, Sequoia, Insight Partners and Cyberstarts. The new financing, just nine months after the Wiz founding team wrote its first line of code, will help the company scale to meet customer demand for cloud security solutions that provide complete risk visibility and are simple to deploy at scale. Doug Leone, global managing partner at Sequoia Capital, Shardul Shah, partner at Index Ventures, Jeff Horing, managing director at Insight Partners, and Gili Raanan of Cyberstarts will be joining the Wiz team as board members.

"When our founding team was leading the Microsoft Cloud Security Group, we saw firsthand how security teams struggled with the complexity of existing approaches to securing the cloud," said Assaf Rappaport, CEO and co-founder of Wiz. "We knew that by embracing a cloud-native approach, we could make a product that is simple to deploy and scale, allowing security teams to focus on real risks. We’re excited to partner with such an experienced and well-respected team of investors again as we look to accelerate our growth in 2021, and meet the market demand for an elegant cloud security platform that works."

Cloud security is broken. Today’s cloud security suites are complex, fragmented and generate too many alerts for security teams. Having spoken with hundreds of CISOs to validate the need, Wiz designed its product from the ground up to provide unmatched visibility and risk insights to allow security professionals to focus on things that matter most. Wiz’s unique architecture allows for seamless scanning of the entire cloud environment across all compute types and cloud services for vulnerabilities, configuration, network, and identity issues without agents or sidecars.

"My team couldn’t believe how easy it was to get Wiz up and running," said Emily Heath, Chief Trust and Security Officer at Docusign. "The instant, out-of-the box visibility and value it provides make one of the best security tools I’ve seen in a long time."

"The Wiz founding team is among the most customer-obsessed groups of founders I’ve worked with and it shows in the product they’ve brought to market," said Shardul Shah, partner at Index Ventures. "2020 has accelerated cloud adoption, and security teams have to coordinate with the rest of the business in a new digitally transformed reality. Wiz is the solution that these organizations need to not only secure the investments they’ve made, but to get security teams out in front where they can enable engineering and lines of business to innovate even faster."

Wiz was founded in January 2020 by the former leads of Microsoft’s Cloud Security Group and the founding team of Adallom, which was acquired by Microsoft in 2015 for $320 million. The team of Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik have worked together for more than 15 years, including at Adallom where they built a fast-growing leader in the cloud access broker security (CASB) space. The team’s experience working with customers as a cloud platform vendor at Microsoft, combined with their past experience as entrepreneurs, has helped them build a cloud-native security product already used by paying customers, including Fortune 100 companies.

"When we first met the Wiz founding team in 2012 during the early days of Adallom, it was clear they were a passionate group with a deep understanding of the security space ," said Doug Leone, global managing partner at Sequoia Capital. "Eight years later, the team has only gotten stronger with the founding of Wiz. Their past experiences executing at scale and their hunger to build an enduring company will help Wiz lead the market with a new generation of cloud security tools. We’re thrilled to partner again with this exceptional founding team."

"We’re excited to work with Wiz because the team not only understands how to build great products but they also know how to build a successful team and company," said Jeff Horing, managing partner, Insight Partners. "Customer feedback has unanimously highlighted the benefit Wiz’s powerful data mining and audit software brings the global business ecosystem, and after only nine months they’re already in a place to redefine the Cloud Security market."

About Wiz

Wiz is a fast-growing cloud security innovator that helps companies secure their cloud infrastructure at scale. Founded by the same team that founded Adallom and led Microsoft’s Cloud Security Group, Wiz provides security teams with the simplicity, visibility and risk insights they need to stay one step ahead of their business. Based in Palo Alto, Calif. And Tel Aviv, Israel, Wiz is backed by Sequoia Capital, Index Ventures, Insight Partners and Cyberstarts. For more information, visit www.wiz.io.

Media Contact:
Cathy Corwin
Inkhouse for Wiz
wiz@inkhouse.com

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GhangorCloud Acclaimed by Frost & Sullivan for Its World-class, Integrated Information Security Enforcer Platform

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The unified ISE platform automates vital processes to secure a client’s on-premise as well as cloud-hosted data

SANTA CLARA, Calif., Dec. 8, 2020 — Based on its recent analysis of the global data leak prevention (DLP) market, Frost & Sullivan recognizes GhangorCloud with the 2020 Global Technology Innovation Award. GhangorCloud is the only company currently providing fourth generation data protection through its Information Security Enforcer (ISE)™ platform. A unified platform with an intuitive user interface uniquely addresses the four core functions: data classification, data access control, DLP, and a cloud access security broker (CASB). As it is is fully-automated, it does away with common human errors in data protection processes and provides superior visibility through real-time incident monitoring.

"The ISE™ is the most advanced DLP and CASB platform in the market. It monitors the customer’s ecosystem for accidental as well as malicious data leaks, whether the source is an employee, consultant, contractor, or third party, and prevents these leaks through its proprietary technology," said Danielle VanZandt, Industry Analyst at Frost & Sullivan. "Competing solutions rely on machine learning to recognize confidential data, but in this method, the system leaks private information a few times before it can distinguish between types of data. ISE, on the other hand, immediately recognizes the difference through the company’s proprietary artificial intelligence algorithms."

ISE views data for the first time and identifies whether the information is a human resources document, HIPAA-related data, or banking and financial information. It detects their security level rating in real time, eliminating downtime and data leaks, delivering a high return on investment, and increasing productivity while maintaining security. Moreover, when an employee classifies a document as public when it should be set to private, the platform recognizes whether it was by accident or design. GhangorCloud’s platform also detects breaches and malware that ‘hide’ from competing technologies.

GhangorCloud’s platform offers automated compliance controls that enable organizations to maintain their security posture. Its seamless, rapid integration process requires little to no training. Furthermore, the configuration period takes only one or two weeks, as GhangorCloud’s platform is artificial intelligence-powered. In contrast, competing solutions require months or years to provide value or could become legacy by the time an organization begins to benefit from the solution.

"GhangorCloud works closely with prospective customers to ensure they understand the benefits ISE can provide, starting with a presentation and demonstration, and then presents a proof-of-concept. The company’s strategy, unmatched technology, and customer-centric design have resulted in a near 100% customer win-rate," noted Tara Semon, Best Practices Research Analyst at Frost & Sullivan. "GhangorCloud’s spirit of innovation, along with outstanding customer support, has entrenched the company’s market position as a true innovator."

Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Harley Gadomski
P: 12104778469
E: harley.gadomski@frost.com

About GhangorCloud

GhangorCloud is an award-winning provider of next-generation Information Security and Compliance solutions. GhangorCloud’s Information Security Enforcer protects data based on its contextual and conceptual significance, using a powerful AI engine and security algorithms to automatically identify, classify, and protect large volumes of information in real-time with unprecedented accuracy. The company is founded by Silicon Valley security veterans that include leading authorities from companies like Symantec, McAfee, Trend Micro, Cisco, Juniper, Alteon and Array Networks. For more information, see http://www.GhangorCloud.com.

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Investments in Cyber Intelligence Platforms to Surge as Companies Require Advanced Threat Protection

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In the Americas, the managed and professional security services market is estimated to reach $18.81 billion by 2024, finds Frost & Sullivan

SANTA CLARA, Calif., Dec. 7, 2020 — Frost & Sullivan’s recent analysis, Managed and Professional Security Services Market in the Americas, Forecast to 2024, finds that the volume, sophistication, and diversity of cyber threats are unrelenting problems for companies’ internal information security teams. The study finds that the combination of escalating cyber risks and security personnel shortages propels market demand and presents challenges for organizations. Customers’ demand for more proactive security is compelling managed and professional security service (MSS/PSS) providers to embrace advanced security analytics platforms to better detect and anticipate threats. In the Americas, the MSS/PSS market is estimated to rise from $12.01 billion in 2020 to $18.81 billion by 2024.


For further information on this analysis, please visit: http://frost.ly/4tx

"With customers requesting more proactive security measures to defend against evolving cyber threats, MSS/PSS providers must adopt more advanced security analytics platforms to detect and anticipate the potential threats more effectively," said Mauricio Chede, Information & Communication Technologies Research Analyst at Frost & Sullivan. "These new security analytics platforms should feature advanced functionalities, such as forensics and incident response, across the entire systems in different environments, be it on-premises or for cloud-based services."

Chede added: "Attackers are now targeting people and not just systems. Companies need to understand that a cybersecurity culture needs to be implemented. Cybersecurity tools and service providers can mitigate threats, but employees need to be aware of potential security threats that could penetrate the corporate environment."

The digitalization of business operations and the dispersion of devices and locations create a dynamic and escalating exposure footprint, presenting immense growth prospects for market participants, including:

  • Advanced Threats: Service providers need to emphasize the effects of advanced persistent threats (APTs) by showing companies their exposure to financial, intellectual property, and confidential information losses.
  • Digital Transformation: MSS/PSS providers must take advantage of digital transformation initiatives by observing clients’ current situations and being trusted advisors through consulting and value-added services to help them embrace digitalization.
  • Vertical Specialization: Market participants should develop dedicated vertical teams and advise customers operating in several verticals.
  • Geographic Expansion: With the Latin American market in the growth stage, companies should try to increase the client’s trust by establishing offices in prime locations to grow MSS/PSS in the region.
  • IoT: Enterprises that embrace IoT technologies to enhance end-user and employee experiences are likely to turn to MSS providers for quick and effective security.

Managed and Professional Security Services Market in the Americas, Forecast to 2024 is the latest addition to Frost & Sullivan’s Information & Communication Technologies research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Managed and Professional Security Services Market in the Americas, Forecast to 2024
K4DC-74

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Cloud, Cybersecurity, and Modernization Will Power Digital Business Models and Increased IT Spending, say Global 2000 Executives: Infosys – HFS Research

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– Report delineates impact of COVID-19 across industries; causing seismic shifts in business transition

– 51 percent organizations consider remote work or hybrid workforce model to be the way forward

BENGALURU, India, Dec. 3, 2020 — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, together with HFS Research unveiled a market study titled, ‘Nowhere to Hide: Embracing the Most Seismic Technological and Business Change in our Lifetime.’ Focusing on how the COVID-19 pandemic has impacted businesses across industries, this joint study by Infosys and HFS Research revealed that numerous organizations have accelerated the adoption of automation, digital business models, and the hyper-scale cloud to respond to customer needs quickly and competitively. The report also brought to fore a shift in corporate mindset to advocate change and digitize businesses.

The world changed overnight as COVID-19 created a state of upheaval and economic uncertainty, deeming the real-time prediction of complex risk scenarios as critical. The HFS Research spotlights the emergence of dynamic digital organizations energized by technology that has opened avenues for rapid progression and business growth. The report further highlights that more than digitizing processes, digital transformation is about business leaders reshaping existing business models and exploring new ways of uniting people, data, and processes to create value for their customers. The Infosys-HFS Research additionally emphasizes the strategies implemented by successful companies in various industries (G2K) to survive and thrive in the post-pandemic economy.

For the study, HFS Research, in partnership with Infosys, surveyed 400 Global 2000 executives to understand how businesses can survive and thrive in the economy riddled with the pandemic. It offers perspectives to develop an outlook for IT and business services in the current geopolitical environment.

Key findings:

  • Bigger impact: Almost 70 percent of respondents believe that COVID-19 will have a bigger impact than the 2008 downturn with budgets, supply chains, employee availability, and customer intimacy being impacted the most.
  • Businesses that will thrive: The public sector, banking, insurance, healthcare, life sciences, and the high-tech industry respondents are relatively confident as they see emerging opportunities for making appropriate investments amid the crisis.
  • Protecting the business: At least 65 percent of respondents are insulating their business from volatility by building diverse customer pools and investing in an agile business model. 
  • Digitize and Adapt: Over 60 percent of enterprises plan to accelerate their digital transformation initiatives and over 70 percent plan to change their product and service portfolio to drive greater customer value.
  • Critical IT investments to compete: Investing in creating a virtual, secure, and cloud-enabled IT environment that enables remote working at scale (virtualization, collaboration, security). Investments in the cloud, cybersecurity, and modernizing core IT apps and infrastructure are at the top of the priority heap.
  • Increased IT spending: Enterprises expect to increase their spending the most on business and digital consulting, followed by IT infrastructure services (including cloud). They expect the demand for IT and business process services to pick up to serve the dual purpose of driving digital while saving cash.
  • Unleash your people to thrive. Nearly 90 percent of organizations realize they need to reposition to unleash people in the new reality. Post-COVID, working arrangements will change dramatically. Only 37 percent prefer a return to an office-based environment. The work culture will evolve from siloed working to interdisciplinary collaboration.

Pravin Rao, Chief Operating Officer at Infosys said, "Post-COVID, we have witnessed accelerated scaling of digital across most enterprises. The strategic investment in cloud, cybersecurity, and modernization is not only helping businesses sharpen their focus on end-to-end customer journeys but also enabling them to do a lot more with much higher agility. With so much at stake to drive customer centricity and productivity, investment in employees and ensuring their well-being is of paramount importance. In a distributed work environment such as today, employees are an important centerpiece within the companies’ strategy framework and therefore, it is imperative for organizations to see how the hybrid work model can be made more effective, productive, resilient, and secure."

"A new dawn will emerge as the fog clears. We must embrace this brave new business world where a perfect alignment of business outcomes and their enabling technologies demand all our focus and creativity. We are living through the emergence of dynamic digital organizations where people are energized by technology, where they plug into business experiences that are progressing rapidly to places where the possibilities are limitless, where the future is unravelling before our eyes.  What we have experienced – inside of a single year – is the coming together of people to confront their fear of change to face the reality that their organization will sink without it," said Phil Fersht, CEO and Chief Analyst, HFS Research.

For a full copy of the report, please click here  

Methodology

HFS Research, in partnership with Infosys, surveyed 400 Global 2000 executives to understand how businesses can survive and thrive in the pandemic economy and to develop an outlook for IT and business services in the current geopolitical environment. HFS segmented the research findings according to its four phases of pandemic shock response: crisis, stabilization, realization, and unleashing people.

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe harbor:

"Certain statements in this release concerning our future growth prospects and financial expectations are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding Covid-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law."

PR Newswire

discrimiNAT Next-Generation Firewall now available on Google Cloud Marketplace

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Chaser’s discrimiNAT firewall gives developers the ability to filter egress traffic by hostnames on Google Cloud’s platform.

LONDON, Dec. 2, 2020 — Chaser Systems today announced the availability of discrimiNAT, a next-generation firewall, on Google Cloud Marketplace, providing the capability to filter egress traffic by hostnames. This will simplify the effort required by developers and security architects alike in implementing a robust and cloud-native egress filtering solution.

The discrimiNAT features Chaser’s Deep Packet Inspection (DPI) engine, written in-house from the ground up, with the cloud and developer experience in mind. It features:

  • Configuration embedded within VPC firewall rules
  • Logging integrated with Stackdriver
  • 5-minute deployment
  • Enforced encryption levels for compliance, such as TLS 1.2 for PCI-DSS

"The internet has more than 4 billion IPv4 addresses; and a number that approaches infinity when it comes to IPv6. Ephemeral environments in the cloud come and go in minutes, and IP addresses assigned to services change in seconds from the dynamism and fault tolerance. When setting firewall rules, the world needed to move on from thinking in IP addresses to canonical names. This avant-garde capability has recently emerged across leaders in the public cloud, and Chaser’s discrimiNAT fits it on Google Cloud like a glove," said Dhruv Ahuja, Founder of Chaser Systems.

A discrimiNAT deployment brings immediate benefit with visibility of all outgoing data from customer-managed networks, such as preventing:

  • Unauthorised phoning home
  • Opt-out telemetry data
  • Data loss from a Remote Code Execution (RCE) vulnerability
  • Exfiltration with Server Side Request Forgery (SSRF)
  • Use of outdated cipher strengths either by client or server
  • Uncontrolled bounds in the supply chain of a software build

"We leveraged Google Cloud’s internal load balancer bump-in-the-wire technology to build a genuinely cloud-native and seamless solution. By staying away from a transparent proxy like a solution, a whole category of risks such as protocol downgrades and performance degradation were architected out. The engine is ready-to-go for the ever-evolving encryption standards of a democratised internet."

Search for discrimiNAT on Google Cloud Marketplace today.

Chaser Systems was founded in 2019 with a mission of delivering frictionless security software for use by agile developers in enterprise environments. Enthusiasts are welcome to their lab at Level39, Canary Wharf, London — the world’s most connected tech community and the renowned birthplace of Revolut and Digital Shadows — to see their technology working on a Raspberry Pi.

Web: https://chasersystems.com/

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PR Newswire

Rohde & Schwarz Cybersecurity launches new generation of high-speed network encryptors and software-based VPN Client

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MUNICH, Nov. 30, 2020 —

IT security expert Rohde & Schwarz Cybersecurity presents two new security solutions, approved by the German Federal Office for Information Security (BSI) for VS-NfD (RESTRICTED), NATO RESTRICTED and RESTREINT UE/EU RESTRICTED classification level:  R&S®SITLine ETH NG, a new generation of high-speed network encryptors, offering scalable transmission rates from 10 Mbit/sec to 40 Gbit/sec, and R&S®Trusted VPN Client, a software-based VPN Client, enabling users to work in a secure and encrypted mobile environment.

With R&S SITLine ETH NG, Rohde & Schwarz Cybersecurity provides application- and user-independent basic security for cross-location network communications for government agencies and enterprises. The variants of the product line are called R&S SITLine ETH-L, an encryptor for up to four independent 10 Gbit/sec lines, and R&S SITLine ETH-S, a compact system for lines with up to 1 Gbit/sec. The solution encrypts communications already at layer 2 level, thus also provides protection against operating errors if, for example, the wrong security level is selected for email transmissions of sensitive content. The network encryptor thus also guarantees users independence from telecommunications providers and component suppliers. The Rohde & Schwarz Cybersecurity Ethernet encryptors are "Security Made in Germany". With 30 years of crypto expertise, the manufacturer is one of the pioneers in the field of network encryption.

With R&S Trusted VPN Client, Rohde & Schwarz Cybersecurity facilitates encrypted, mobile work despite VS-NfD (RESTRICTED) requirements. The solution protects the network communication of a client platform (Windows laptop or tablet) with a government or corporate network over an untrusted network such as the internet. R&S Trusted VPN Client is software-based and requires no additional hardware, meaning that users can work on the move at the airport, from home office or from other public spaces without any restrictions. The "Always On" mode provides additional security. Users are always protected in untrusted networks. Thanks to its high scalability, R&S Trusted VPN Client can be individually adapted to changing work requirements at any time.

Press Contact:

Esther Ecke, Phone: +49 (0) 30 65 884 – 222, Email: Esther.Ecke@rohde-schwarz.com

Rohde & Schwarz Cybersecurity is a leading IT security company that protects the digital assets  of companies and public institutions worldwide from cyberattacks.

www.rohde-schwarz.com/cybersecurity

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PR Newswire

PureVPN Kicks Off Black Friday with a Super-Saver Deal: 88% off a 5-Year Plan

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PureVPN’s limited-time Black Friday deal enables VPN users to pay only $1.32 per month for a premium No-Log VPN service.

HONG KONG, Nov. 27, 2020 — PureVPN is a well-trusted VPN provider, scoring the highest trust score of 4.8 on the world’s most popular review platform, Trustpilot. PureVPN is also the first-ever VPN provider to have received over 11,000+ stellar reviews for its reliable and logless VPN services.

On this Black Friday, PureVPN seems all set to win hearts yet again with a deal that is too good to resist: a 5-year plan for only $79. With this super-saver deal, frequent and occasional VPN users alike can save as much as $578 on a VPN that has a valid No-log certification, which is endorsed by multiple leading auditors, such as Altius IT and KMPG, one of the Big Four auditing services.

PureVPN’s blockbuster Black Friday offer is an ideal deal for budget-conscious users who are always looking for the best bang for their buck. The deal offers them not only huge savings but also a revolutionized VPN experience. PureVPN’s Black Friday deal packs:

  • Privacy-centric features, including IPv6 leak protection, DNS leak protection, WebRTC leak protection, and our Internet Kill Switch.
  • A massive VPN network of 6,500+ servers with a collective pool of 300,000+ IP addresses from over 140 countries and 180+ locations.
  • Instant access to 50+ channels such as Disney+, Amazon Prime Video, Hulu US, HBO Now, BBC iPlayer, IPTV, and SonyLIV, to name a few.
  • Accessibility to the American version of Netflix as well as six more Netflix libraries, including Netflix UK, Canada, Japan, Germany, France, and Australia.
  • 256-bit bank-grade encryption that ensures optimal protection against cyber threats and their consequences.
  • 10 Gigabit VPN network that ensures ultra-fast connection and speeds.
  • Highly compatible VPN applications for 20+ most demanded devices, such as Windows, Mac, Android, iOS, Apple TV, Android TV, set-top boxes, gaming consoles, and routers.
  • The most sought after paid add-ons, such as Port Forwarding and Dedicated IPs.
  • 31-day no-questions-asked money-back guarantee.

The super-extended 5-year plan, offered by PureVPN, aims to deliver prolonged internet security, freedom, and privacy for users worldwide. Since it is a limited-time deal, act now and grab this deal before it expires.

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PureVPN: Secure, Reliable and Lightning-Fast VPN Service