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PR Newswire

DevOps Institute Announces the ‘Upskilling 2021: Enterprise DevOps Skills Report’

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With new data gathered from over 2,000 IT professionals worldwide, the report shows the continued adoption of DevOps must be supported through a learning organization and the continuous development of multi-faceted, skilled DevOps professionals

BOCA RATON, Fla., April 21, 2021 — DevOps Institute, a global professional association for advancing the human elements of DevOps, today announced the release of the "Upskilling 2021: Enterprise DevOps Skills Report." In its third year, the report examines DevOps hiring trends around the globe within enterprise IT organizations of all sizes. In addition to DevOps roles, the report examines the top skill domains and associated must-have skills within these domains, which are essential for a successful DevOps journey. Data in the 2021 report is based on research gathered from an open survey of more than 2,000 respondents from organizations of all sizes around the world.

Infographic Source: DevOps Institute, ‘Upskilling 2021: Enterprise DevOps Skills Report’. Learn more at https://devopsinstitute.com/.
Infographic Source: DevOps Institute, ‘Upskilling 2021: Enterprise DevOps Skills Report’. Learn more at https://devopsinstitute.com/.

The report is available for download at https://info.devopsinstitute.com/2021-upskilling-report-download

"DevOps Humans remained in-demand, despite a global pandemic that upended our ways of life and business," said Jayne Groll, CEO of DevOps Institute. "This is a testament to the importance and value of DevOps transformations at companies across industries and around the globe. The findings in the 2021 Upskilling Report give us clarity into the evolution of DevOps Humans and how IT organizations will shape their talent-based structures in 2021 and beyond."

The research and data analysis was led by DevOps Institute’s Chief Research and Content Officer, Eveline Oehrlich, with support from Platinum Sponsor, GitLab; Gold Sponsors, CloudBees and The LLPA; Bronze Sponsors, Tricentis and HCL Software; and Media Sponsor, MediaOps.

Key Findings from the ‘Upskilling 2021: Enterprise DevOps Skills Report’ include:

  • Stop talking about being a learning organization and start acting. Seventy percent of survey respondents said that a learning organization was a predominant model–the DevOps way of working–while 45 percent leaned toward a safety culture. And, while 39 percent of IT teams are still struggling with a defined and systematic upskilling program, 52 percent of organizations already have a formally designed upskilling program or are currently developing one.
  • Hiring for DevOps initiatives is high. COVID-19 has not stopped the hiring of DevOps roles. Sixty percent of organizations are recruiting now or in the future.
  • Capabilities and skill development must go hand in hand. DevOps teams must assess which critical capabilities they can perform or not, across key areas. But capabilities must be supported with skilled DevOps Humans. Upon examining the priority domain skill categories, the survey data shows that the essential combination of skills for a successful DevOps human are across the automation, human, technical, functional, process and framework knowledge skill domain categories.  
  • Pressure continues to force old IT operating models to change.  As new forms of hybrid computing are on the rise, it gives application developers more freedom to choose tools and programming languages. As this increases, IT operations teams not yet practicing DevOps feel more pressure to embrace DevOps. 
  • Value Stream Management (VSM) skills are seen by 39 percent of respondents as a must-have skill within the process and framework skill domain. DevOps and Agile practices have been adopted to innovate and create more iterative approaches for software development and delivery. However, the value must come through the customer lens. This is where VSM comes in. In simple terms, understanding and examining value streams of software being delivered end-to-end enables teams to make complex processes visible and provides the ability to pivot towards further value improvement.
  • The adoption of Site Reliability Engineering (SRE) as an operating model is 22 percent in 2021 compared to 15 percent in the previous year. SRE is needed to continue automation and reduce toil. Forty-seven percent of the survey respondents voted SRE skills as a must-have skill in the process and framework skill domain this year compared to 28 percent in the previous year’s survey.
  • DevSecOps is a key trend. Security is integral to protect the business and enforce internal and external policies of the company. DevSecOps makes security an equal consideration alongside development and operations. According to survey participants, DevSecOps achieved a must-have percentage vote of 56 percent in the automation tool category.
  • New models such as DataOps and ModelOps are showing up. DataOps was voted by 27 percent as a must-have skill domain in the automation tool skill domain, whereas ModelOps received 22 percent. These new models are shaping the ongoing iterations of DevOps operating models.
  • DevOps Engineers are the most in-demand job title this year. It represents 53 percent of recently recruited DevOps positions. The DevOps engineer’s responsibility might differ from company to company, but all should be engaged in upskilling themselves and their teams.

"Our research shows that the future of DevOps at any organization is dependent upon the breadth and depth of capabilities and the supporting skills of the team members and within the team," said Oehrlich. "A successful DevOps journey (actually any journey) has the DNA of a learning organization which means there is a commitment of continuous learning across all layers and players. Team members have changed their mental models to look at different views working in a collective and collaborative team. For example, problems and mistakes are opportunities to learn. This ability to continuously learn enables individuals and teams to work better together across boundaries regardless of process, team or technology boundaries. This mental continuous learning model will take time to develop, adapt and apply. Still, each individual can bring their skills and abilities to shape the bigger collective effort of DevOps. For everyone in IT, this is an exciting time to unlock your power, abilities and skills to accelerate your DevOps journey and that of your team and company. DevOps Human readiness and organizational learning must take on new importance now and in this next normal."

DevOps Institute Membership
DevOps Institute now offers a tiered professional membership model. Membership levels include Basic, Premium, Government/Nonprofit, Educator, and Enterprise Membership options, with Student and In-Transition member tiers to follow. DevOps Institute Professional Membership offers exclusive access to leading DevOps resources, discounted certification exams, DevOps capability assessments, premium content, discounted DevOps simulation experiences, members-only networking opportunities, career center access, and more. Join or learn more at https://devopsinstitute.com/membership

Share This: New Findings! The @DEVOPSINST Upskilling 2021: Enterprise DevOps Skills Report is now live! Download it to discover the latest trends for the #HumansofDevOps: http://bit.ly/PRUpskilling21

About DevOps Institute
DevOps Institute is a professional member association. Our mission is to advance the human elements of DevOps.

We create a safe and interactive ecosystem where members can network, gain knowledge, grow their careers, lead and initiate, and celebrate professional achievements.

We inspire thought leadership and knowledge by connecting and enabling the global member community to drive human transformation in the digital age.

Web | https://devopsinstitute.com/ 
Twitter | @DEVOPSINST
LinkedIn | /devops-institute
YouTube | DevOps Institute
Instagram | @humansofdevops 

Media Contact:
Jeremy Douglas
Catapult PR-IR
+1 303-581-7760
jdouglas@catapultpr-ir.com

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PR Newswire

Lendary launches high yield margin-lending algorithm for crypto trading in Asia

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The future of fixed income is coming to Asia.

MUNICH, April 20, 2021 —  Lendary, the fintech company that has revolutionized margin lending in crypto markets with automated peer-to-peer lending, is expanding its service in Asia. The Lendary.net platform will be available in English, Chinese, and soon, Bahasa.

"Asia has always been in our plan," said Agost Makszin, Managing Partner of Lendary Asia. "We want to launch in this region with a proven track record and well tested platform; after two years of solid performance delivering double-digit returns for our users, we are ready." 

Lendary has successfully funded more than 550,000 margin trades with lending volume issued reaching US$650 million as of Q1 2021. Since July 2019, Lendary has seen a year on year growth of more than 200% on margin volume issued on Lendary.net. Globally, the active margin volume used on the relevant exchanges has increased from US$300 million in 2019 to US$1.6 billion in 2021.  

Lendary enables investors to earn passive and fixed income from the cryptocurrency space without directional crypto exposure. Lendary automates margin lending with provision of capital to margin traders in a fully controlled environment on one of the largest cryptocurrency exchanges. A robust liquidation technology ensures that the capital is paid back to Lendary users with earned interest regardless of the margin traders wins or losses.

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Simply put, Lendary allows investors to act like a bank, lending money to margin traders who pay interest in return, creating a constant stream of fixed income, all of which can be tracked via a personalized dashboard.

"Lendary’s service may find particular appeal in Asian markets where interest rates are traditionally low with some having been in the negative interest territory for over a decade," said Benjamin Thomsen, Co-founder and Managing Director of Lendary. "Lendary aims to provide an alternative, opening up the future of fixed income."

How Lendary works:
https://www.youtube.com/watch?v=4NbQ3r3X6QI 

About Lendary

Lendary is a fintech software that automates margin lending on one of the largest cryptocurrency exchanges, delivering a constant stream of fixed income in a fully controlled environment. The high frequency lending algorithm deploys capital to fund margin trades on the best possible interest rates on a 24/7 basis. Follow Lendary Asia.

Media Contact: Lendary Team joepan@forkast.studio, +85266224453

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PR Newswire

AIRSYS Commended by Frost & Sullivan for Delivering Exceptional Value with UNICOOL, its Superior Cooling System for Data Centers

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Future-proof and highly scalable, AIRSYS’ next-generation cooling infrastructure empowers telecom, data center, and data service organizations to reduce CAPEX and OPEX

SANTA CLARA, Calif., April 19, 2021 — Based on its recent analysis of the global cooling solutions market, Frost & Sullivan recognizes AIRSYS Group Corp. (Airsys Global) with the 2020 Global Customer Value Leadership Award. 

This award highlights the ability Airsys has in disrupting the market to provide an immense range of benefits to its customers. To reach this position, Airsys has combined groundbreaking technology with innovation, impacting the Customer’s purchase, ownership and service experience.

According to Yunshui Chen, global CEO at Airsys, "Airsys is proud to have received this award. It reflects our capability, through major investment in R&D, manufacturing excellence and our disruptive OneSolution customer strategy, to provide global Data Center and Telecom customers with better ways to address their current and future digital infrastructure challenges."

OneSolution is an industry first, combining and enriching core competencies across technology, end-to-end service design and global delivery to provide customers with unmatched value. With a supply model centred on servitization (Cooling-as-a-Service), customers benefit from zero CAPEX and reduced OPEX when it comes to the selection and management of data cooling technology.

Frost & Sullivan’s research findings unveil the significant customer value found across the extensive Airsys product range.

The company’s UNICOOL, a reflection to the growing demand of edge computing, is a good example. This packaged CRAC unit (P-CRAC) provides a low energy usage and low carbon footprint cooling solution by exploiting outside ambient conditions throughout cooler periods of the year to provide fresh air free-cooling. During warmer periods, the system employs variable speed compressor technology to deliver precision cooling. This is an ideal testament to the company’s commitment to creating new standards in energy efficiency and reliability.

According to Gautham Gnanajothi, Global Research Director at Frost & Sullivan "UNICOOL’s variable speed technology does not just provide precision control and low energy consumption, but applying fan technology that utilises brushless DC motors, significantly improves fan operating life due to lack of electrical and friction losses, ultimately enhancing the overall system reliability."

UNICOOL was engineered with robustness in mind; with an ability to operate within extreme environments withstanding temperatures between -35°C and 55°C. UNICOOL offers a range of functionalities which include group control (via the multi-unit controller), managing up to 6 units to optimize the cooling delivered to the space and standalone control, should communication be lost or just a client preference to have each system controlled independently. UNICOOL also employs a unique electronic expansion valve (EEV) function that responds swiftly and adapts to environmental changes and cooling system feedback. By monitoring aspects such as real-time compressor suction temperature and pressure, the EEVs can precisely control the superheat. 

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company’s unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.

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 us: Start the discussion.

Contact:

Lindsey Whitaker
P: +1 (210) 477-8457
E: lindsey.whitaker@frost.com

About AIRSYS Group Corp.
Founded in 1995, Airsys has become a global leader in the provision of digital infrastructure cooling solutions across data centre, telecom, medical, manufacturing and comfort cooling environments.  With a network of R&D, manufacturing and service centres around the world, the company provides its customer with a local service, backed by a global knowledge base.

 

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PR Newswire

/C O R R E C T I O N — Mindtree/

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In the news release, Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of ₹17.5 per share, issued 16-Apr-2021 by Mindtree over PR Newswire, we are advised by the company that under the heading "Quarter ended March 31, 2021," the fourth bullet point should read "Net profit at ₹3,173 million (decline of 2.8% q-o-q / growth of 53.9% y-o-y)" rather than "Net profit at ₹3,173 million (decline of 2.8% q-o-q / 53.9% y-o-y)" as originally issued inadvertently. The complete, corrected release follows:

Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of INR17.5 per share

BANGALORE, India and WARREN, N.J., April 17, 2021 — Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the fourth quarter ended March 31, 2021, as approved by its board of directors.

"We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%, and an order book of $375 M at the end of Q4. Our journey of profitable growth and seamless delivery during the pandemic year has been made possible by the resilience of Mindtree Minds, the commitment of our leadership team, and above all, the continued support of our clients," said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. "The final dividend of INR17.5 per share announced today reinforces Mindtree’s commitment to enhance shareholder value. For the year, we delivered revenues of $1,076.5 M and margin expansion of 680 bps, while increasing our order book by 12.3%. As we enter FY22, we are confident that continued client demand for our transformative services, a strong order book, and our strategic investments position us well to deliver double digit growth and sustain EBITDA above 20%."

Key financial highlights:

Quarter ended March 31, 2021

  • In USD:
    • Revenue at $288.2 million (growth of 5.2% q-o-q / 3.5% y-o-y)
    • Net profit at $43.3 million (decline of 1.9% q-o-q / growth of 53.4% y-o-y)
  • In INR:
    • Revenue at INR21,093 million (growth of 4.2% q-o-q / 2.9% y-o-y)
    • Net profit at INR3,173 million (decline of 2.8% q-o-q / growth of 53.9% y-o-y)

Year ended March 31, 2021

  • In USD terms:
    • Revenue at $1,076.5 million (decline of 1.1%)
    • Net profit at $150.0 million (growth of 69.6%)
  • In Rupee terms:
    • Revenue at INR 79,678 million (growth of 2.6%)
    • Net profit at INR 11,105 million (growth of 76.0%)

Other highlights:

  • Clients:
    • 270 active clients as of March 31, 2021
    • $5 million clients grew by 1, total 44
  • People:
    • 23,814 Mindtree Minds as of March 31, 2021
    • Trailing 12 months attrition is 12.1%
  • Q4 deal wins with leading global clients:
    • Mindtree partnered with one of the leading electronic retailers to realize their omni-channel vision for their users
    • Mindtree signed a multiyear engagement with a global leader in design and manufacturing of household appliances to transform the online retail experiences of their users
    • For a Germany-based leader in building materials and construction systems company, Mindtree will be providing digital services and assisting in post-merger technology integration
    • Mindtree has been chosen as a strategic partner by a leading global travel software and technology company to modernize their passenger reservation platform and accelerate their cloud transformation journey
    • Mindtree has been selected by a leading bank to provide Salesforce transformation services across multiple geographies for their asset management division
  • Recognitions:
    • Everest Group, a leading consulting and research firm, recognized Mindtree as a "Major Contender" in its Software Product Engineering Services PEAK Matrix® Assessment 2021
    • Mindtree has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, as leader in 2021 ISG Provider Lens™ Salesforce Ecosystem Partners Reports US for implementation, integration and managed application services for large enterprises
    • Mindtree has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, as leader in 2021 ISG Provider Lens Mainframe Services & Solutions 2021 for Mainframe Transformation Services in US
    • Mindtree adjudged the winner of Golden Peacock National Award 2020 for Corporate Social Responsibility
    • Mindtree has been awarded the winner of BEST awards for demonstrating enterprise-wide success as a result of employee talent development by Association for Talent Development (ATD)
    • Mindtree has been conferred the second runner-up position in the ‘Best Employer for Women’ (large) category by Associated Chambers for Commerce and Industry of India (ASSOCHAM)
    • Mindtree has been recognized for ‘Workforce Planning and Staffing Solutions’ and ‘Organization Design’ at the People First ACE Awards 2020 presented by the National HRD network
    • Mindtree has been recognized and rewarded as a winner in ‘Excellence in Employee Welfare Initiative’ by BW Business World HR Excellence Award 2021
  • Announcements
    • The Board of Directors have recommended a final dividend of 175% (Rs 17.5 per equity share of par value Rs 10 each) for the financial year ended March 31, 2021 which is subject to the approval of shareholders at the Annual General Meeting

About Mindtree

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. "Born digital," in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 270 enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in 24 countries across the world, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of over 23,800 entrepreneurial, collaborative and dedicated "Mindtree Minds."

To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd

Safe harbour

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. The conditions caused by the COVID-19 pandemic could decrease customer’s technology spending, affecting demand for our services, delaying prospective customers’ purchasing decisions, and impacting our ability to provide on-site consulting services; all of which could adversely affect our future revenue, margin and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact: media@mindtree.com

Mindtree Limited, Global Village, RVCE Post, Mysore Road, Bangalore-560059;
CIN: L72200KA1999PLC025564; Phone: + 91 80 6706 4000; Fax: +91 80 6706 4100;
E-mail: info@mindtree.com/investors@mindtree.com; Website: www.mindtree.com

PR Newswire

Guide Sensmart Launches AI-Powered High-Performance Thermal Camera to Streamline Industrial Inspections

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WUHAN, China, April 16, 2021 — On April 15, leading Chinese infrared thermal imaging products and solutions provider Guide Sensmart presented the world debut of its new PS Series high-performance infrared thermal imaging camera enhanced by a combination of high-end configurations, top-tier performance and quality imaging.


The new Guide PS Series with compelling performance opens up new possibilities for improving the experience backed by innovative technologies.

Guide Sensmart’s PS Series camera comes equipped with a next-generation focus motor and high-precision stepping motor control. With the new auto-focus image algorithm, the camera completes the intelligent auto-focus process within 0.4 second while ensuring a precise focus.

In addition to capturing super-resolution infrared images, the PS Series comes equipped with the Guide Sensmart’s flagship 13MP digital camera module to support video recording by simultaneously capturing both thermal and visual image.

With thermal imaging, a common concern among infrared thermography professionals is the naming of the images. The new PS Series, which supports AI-enabled voice recognition, virtual keyboard input, and easy-to-use OCR text recognition, allows professionals quick and effortless temperature measurement by providing them with a user-friendly solution for image naming.

Another key feature of the PS-Series thermal camera is its ergonomic design. The IF Design Award rotating lens and screen structure helps users diagnose failing components in hard-to-reach areas. 

In addition, the new PS series thermal camera provides an efficient remote collaboration solution enabled with cloud services. It also supports calibration-free optional extended lenses. Users can quickly equip the telephoto and macro lenses without sending back the thermal camera to the factory. With several advanced features and configurations, including flexible emissivity setting by areas and laser rangefinder, the PS Series addresses the requirements of hundreds of complex scenarios, including building detection, power detection and scientific research.

Guide Sensmart’s PS Series is fully equipped to meet the needs of infrared thermography professionals.

About Guide Sensmart

Guide Sensmart is the subsidiary of Guide Infrared (SZ.002414), the world leading infrared thermal imaging systems manufacturer. Thanks to our group company’s 20 years experience in the infrared industry and mass production capacity, Guide Sensmart designs and delivers high quality, affordable thermal imaging products across the globe at scale quantity with the mission to make thermal imaging benefit the public. For more information, visit https://www.guideir.com (follow @GuideSensmart on facebook/Linkedin/Twitter/Youtube).

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PR Newswire

CFOs in Global Survey Reveal Pandemic Has Fundamentally Altered How They Hire and Manage Their Workforce

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– Sixty-five percent of Asia-Pacific respondents indicated that they expect to exceed goals and expectations for 2021, compared to 46% for UK and 47% for North America

– Almost all (94%) of respondents from Asia Pacific have a growth strategy involving expansion into countries where they do not currently operate

– Eighty-three percent of Asia-Pacific respondents said the global pandemic has altered their views on hiring and workforce management, and 89 percent altered their views on a remote work model

– Forty-eight percent of Asia-Pacific respondents said they will attract new talent confined to where they are based while 43 percent said they will attract new talent unbound by geographic restrictions

SINGAPORE and SYDNEY, April 14, 2021 — A large majority of CFOs around the world are planning to expand operations into new countries in 2021 to achieve their long-term growth strategies, according to a recent survey by CFO Research and Globalization Partners. The survey also uncovered changing perceptions about hiring and remote work because of their pandemic experiences, with respondents saying they want to attract talent that is unbound by the geographic restrictions of their company’s operating model.

The February 2021 survey of chief financial officers, chief executive officers and other senior finance executives also cites a common theme that they are prioritising the need to build resiliency and although optimistic, disclose that their businesses are still stabilising and in recovery.

Optimism towards organisational performance in 2021 varies across the regions. Asia-Pacific (APAC) CFOs are more optimistic about success in 2021 than their counterparts in the UK and North America. Sixty-five percent of APAC respondents indicated that they expect to exceed goals and expectations in 2021, compared to 46 percent for UK and 47 percent for North America.

"The ongoing rollout of COVID-19 vaccines, investments flowing into the region, and momentum gained as companies accelerated their digital investments during the pandemic – all these are contributing to positive sentiments toward business in 2021," said Charles Ferguson, General Manager, Asia Pacific, Globalization Partners. "With the ongoing shift in the global supply chain and a renewed focus of the US, UK and EU to grow alliances with APAC markets, there is an abundance of opportunity to expect from this region."

Key data from the survey found:

CFOs are taking a global view within their hiring approaches.
* Asked to describe their hiring strategy over the next 12 to 18 months as, 48 percent of APAC respondents say they will attract new talent where they are based while 43 percent say they want to attract new talent that is unbounded by the geographic restrictions of their company’s operating model.
* APAC CFOs have a high degree of interest in tapping into a more cost-effective, global talent pool—a concept favoured by half of those surveyed –and capturing market share through global expansion, which is favoured by 61 percent.

CFOs have altered workforce management strategies.
* Seventy-four percent of the survey respondents in APAC anticipate operating remote and/ or hybrid workforce models in the next 12 to 18 months.
* Eighty-three percent of executives also say the COVID-19 pandemic fundamentally altered the way they think about hiring and workforce management and 89 percent say it altered how they consider remote employees or the work-from-anywhere model.

CFOs are deeming global expansion as a top priority in the next 12 to 18 months.
* "Implementing a strategy for global expansion and presence" was deemed a top priority in the next 12 to 18 months for 52 percent of APAC executives, compared to 38 percent of the EMEA executives and 36% percent of the North American executives.
*  Fifty-five percent of the APAC CFOs that are expecting to achieve their goals in 2021 are already engaging a global PEO, while 25 percent plan to use a global PEO within one year to support their international business strategy and 17 percent plan to engage a global PEO within three years.

To download the 2021 eBook, with additional information and details of survey results across the globe, please click here: Report: CFOs See a Clear Pathway to Growth Through Global Expansion.  

Survey Methodology
The survey, conducted by CFO Research of Industry Dive, polled 215 senior finance executives at companies in North America, the United Kingdom, the Asia-Pacific region, and the Europe/Middle East/Africa region. Most of the companies represented had annual revenues of $1 billion or more.

About Globalization Partners  
Hire anyone, anywhere, quickly and easily. Use our AI-driven, automated, fully compliant global Employer of Record platform powered by our in-house worldwide HR experts. Leave the complexities of global employment to the named industry leader that consistently attains 97% customer satisfaction ratings. With Globalization Partners, you can succeed faster. 

Globalization Partners: Breaking Down Barriers for Everyone, Everywhere 

To learn more, please visit: globalization-partners.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

Contact:
Karen Pantinas
Kpantinas@globalization-partners.com
617-729-4466 (O)
603-785-6483 (M)

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PR Newswire

Skybox Security Delivers Industry’s Most Advanced Exposure Analysis

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Network model and risk-based prioritization provide greater visibility, insights, and speed to help enterprises prevent breaches

SAN JOSE, Calif., April 13, 2021 — Skybox Security today announced major enhancements to its Security Posture Management Platform. Skybox is the only platform that offers IT and security teams the ability to collectively visualize and analyze hybrid and multi-cloud networks, providing full context and understanding of their attack surfaces. Our latest release includes advanced analytics, optimized attack simulation, and increased dashboard customization – all of which increase the speed and accuracy of exposure analysis to improve overall security efficacy.

The Skybox Security Posture Management Platform is the only solution that analyzes and validates network, cloud, and security configurations together to proactively gain full context, understand the attack surface, and remediate threats faster.
The Skybox Security Posture Management Platform is the only solution that analyzes and validates network, cloud, and security configurations together to proactively gain full context, understand the attack surface, and remediate threats faster.

Skybox evolved its platform to support customers contending with expediated digital transformation initiatives such as cloud migration and IT/OT convergence. Customers will benefit from:

  • Increased agility with more granular insights delivered at a faster speed. To support bespoke organizational and operational workflow requirements, the Skybox platform includes new reporting capabilities with advanced dashboards, sophisticated data visualization features, and the ability to ingest and process more diverse datasets at higher rates.  
  • Greater visibility across hybrid networks. Skybox continues to grow its comprehensive list of 150+ technology partnerships with new connectors that combine rich data from leading SD-WAN and SASE vendors such as Versa Networks and Zscaler. This release also extends support for Check Point, Cisco, and Forcepoint.
  • Optimized attack simulation. Deeper insights into exposure and risk in near real-time allow customers to develop the ideal remediation strategy and reduce mean time to remediation (MTTR). Customers with highly complex network models will significantly benefit from these performance enhancements.

"Digital transformation demands a new approach to security posture management," said Haggai Polak, chief product officer, Skybox Security. "Through automating data collection, correlation and analysis, security and IT teams can together leverage a multidimensional dynamic network model to understand risk levels, simulate attacks, and remediate vulnerabilities where it’s needed most."

The industry’s most comprehensive exposure analysis 
Enterprises must optimize remediation strategies to focus quickly on the highest exposure risk to address the rise in vulnerabilities, expanding attack surface, sophisticated threat actors, and talent shortages. To calculate exposure, Skybox identifies exploitable vulnerabilities and uniquely correlates this data with network configurations and security controls to determine possible exposure.

Exposure analysis is only possible when disparate data repositories are normalized and brought together into a network model, including patch and asset management systems, vulnerability data, threat intelligence feeds, cloud and network device configurations. The network model provides a dynamic representation of hybrid environments across corporate networks, private cloud, public cloud, and OT.

Skybox uniquely enables multi-factor risk prioritization to conduct the most comprehensive exposure analysis available today through a combination of:

  • CVSS scoring: calculated by importing and merging data from multiple active scanners, web and application scans, EDR integrations, and Skybox’s own passive detection capabilities
  • Asset importance: identifies if assets are mission-critical or would expose sensitive data
  • Exploitability: determines if a vulnerability has been exploited in the wild, with Skybox Research Lab tracking tens of thousands of new vulnerabilities yearly on more than 8,000 products
  • Exposure analysis: determines which attack vectors can be exploited given the security controls and their configurations

"I look at data from scanners and say, so what? I need to understand what the true risk is that I’m carrying. I need to know what other controls I have in place and whether I should put in time and effort to apply a patch," said Dr. Rebecca Wynn, chief information security officer. "Failing to ask, ‘so what?’ is a critical failure. To make the data useful, I need to know what needs to be patched first and what the order of patches needs to be."

Accelerated platform adoption
A diverse list of new customers implemented Skybox in 2020, including Fortune 1000 companies, major financial institutions, energy and utility leaders, large retailers, healthcare organizations, numerous federal agencies, and local governments. Skybox also saw continued expansion of its Vulnerability and Threat Management Solution, particularly in highly regulated, complex industries, including financial services and critical infrastructure. Nearly 60% of sales came from existing satisfied customers expanding their deployments.

The latest release is available now. Schedule a demo.

Additional resources

About Skybox Security
Over 500 of the largest and most security-conscious enterprises in the world rely on Skybox for the insights and assurance required to stay ahead of dynamically changing attack surfaces. Our Security Posture Management Platform delivers complete visibility, analytics and automation to quickly map, prioritize and remediate vulnerabilities across your organization. The vendor-agnostic solution intelligently optimizes security policies, actions and change processes across all corporate networks and cloud environments. With Skybox, security teams can now focus on the most strategic business initiatives while ensuring enterprises remain protected.  

We are Skybox. Secure more, limit less. www.skyboxsecurity.com

© 2021 Skybox Security, Inc. All rights reserved. Skybox Security and the Skybox Security logo are either registered trademarks or trademarks of Skybox Security, Inc., in the United States and/or other countries. All other trademarks are the property of their respective owners. Product specifications subject to change at any time without prior notice.

Media contact
Ashley Nakano
Corporate Communications
ashley.nakano@skyboxsecurity.com 

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PR Newswire

Wealth Dynamix Launches Cloud-based Client Lifecycle Management SaaS Solution for Wealth Management Firms

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LONDON, April 13, 2021 — Wealth Dynamix, a global leader in Client Lifecycle Management (CLM) solutions, has extended its award-winning product suite with the launch of CLMi. Designed specifically to meet the requirements and budgets of mid-tier discretionary fund and investment managers CLMi helps relationship managers to prioritise daily work, meet regulatory obligations through industry tested business processes, and facilitate focus on profitable outcomes for clients and AuM growth for the firm.

CLMi helps wealth managers to prioritise daily work, meet regulatory obligations and facilitate focus on profitable outcomes for clients.
CLMi helps wealth managers to prioritise daily work, meet regulatory obligations and facilitate focus on profitable outcomes for clients.

A secure, cost-effective and highly scalable SaaS solution, CLMi offers plug-and-play CLM that puts the productivity of relationship managers and satisfaction of client journeys at the heart of their business. Underpinned by a robust and innovative rules and process engine, incorporating automated, best practice workflows, CLMi delivers actionable insights direct to the desktop of every relationship manager via easy-to-use and intuitive graphical dashboards. Relationship managers can use CLMi on any device, from any location.

Watch the introduction video here

CLMi’s lean and agile infrastructure eliminates the need for complex and time-consuming configuration and set-up, making it quick and easy to deploy out-of-the-box, across the business. Pre-built integrations with best-in-class FinTech and RegTech enable cross-firm collaboration and communication, enterprise-wide data sharing and complete end-to-end oversight – from acquisition and onboarding through to ongoing relationship management. Regular, automated updates ensure CLMi is always current and at the forefront of innovation, with no requirement for in-house maintenance.

According to Dominic Snell, Product Strategy Director at Wealth Dynamix: "User experience is central to our vision of empowering relationship managers with CLM tools that make their life easier and their work more effective. They have grown tired of difficult-to-use technology that requires multiple logins, fails to provide a complete client view and provides insufficient insights. Low adoption is detrimental to a wealth manager’s business and increasingly we have been asked for an easy-to-use CLM platform that relationship managers will want to use every day. CLMi is the answer. We have applied our wealth management industry expertise to develop a highly flexible solution that is both quick and easy to implement and satisfying to use, without compromising functionality. As a SaaS solution, CLMi combines powerful CRM capability with the versatility and intelligence required to manage complex rules and processes inherent in wealth management."

Gary Linieres, CEO and Co-founder at Wealth Dynamix, said: "Mid-tier discretionary fund and investment managers need more than a standard CRM to manage client journeys and complex compliance requirements effectively, but lack the resources and budgets to source and then integrate different stage-specific solutions. CLMi has been forged out of our ten years experience delivering large scale CRM and onboarding projects to some of the world’s largest wealth managers. We’ve taken all that knowledge and distilled it into an agile, modern SaaS solution that offers the kind of simple sophistication that relationship managers have been demanding for many years. CLMi will help them become truly client centric and provide a digital platform and toolkit for a cost that was previously only in reach for organisations prepared to spend millions."

Want to see CLMi in action? Wealth Dynamix are hosting a webinar on Thursday 29 April, 2021 to demonstrate how you can put your relationship managers in the driving seat, steer client relationships and achieving winning outcomes in the shortest time possible. Register here

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PR Newswire

TS Cloud is now selling the new Google Workspace Frontline

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The new Google Workspace Frontline is exclusively for frontliners

TAIPEI, April 8, 2021 — According to statistics, about 80 percent of workers globally are "deskless". These people work on the front line as the backbone of the enterprise, thus the new Google Workspace Frontline has been launched. It is designed to allow the frontline staff to enjoy the convenience of online communication and collaboration with colleagues even if they are not working at their desks. As a long-term Google Premier Partner, TS Cloud will be selling the new Google Workspace Frontline at USD5/user/month with the aim to assist more companies in adapting to the ever-changing digital era.

Google Workspace Frontline
Google Workspace Frontline

What is Google Workspace Frontline? The difference with Business Starter is not only in price.

Google Workspace Frontline is designed specifically for frontline workers as a collaboration and communication tool. In terms of function, it provides basic tools including Gmail, Meet, Calendar, Docs, Drive, Chat, and more, as well as business-grade support and security features like advanced endpoint management that help keep a company’s data secure. Additionally, customers can purchase Google Vault as an information governance and eDiscovery tool to further ensure the security of company data.

Although the main functions of Google Workspace Frontline are similar to Business Starter, it provides the same level of security feature as Business Standard.

Google Workspace Frontline

  • Price: USD$5/user/month
  • Cloud storage: 2GB
  • Advanced Endpoint Management
  • Eligible to add on Google Vault

Google Workspace Business Starter

  • Price: USD$6/user/month
  • Storage: 30GB
  • Basic Endpoint Management
  • Not eligible to add on Google Vault

TS Cloud continues to help companies establish smooth channels for information exchange via cloud technology.

Google’s local reseller – TS Cloud believes that the new Google Workspace Frontline can help to open up communication and collaboration channels between frontline workers and corporate teams. With the experience of helping more than 3,000 companies to implement Google Workspace, it will continue to use Google’s cloud technology to help companies to improve productivity and competitiveness by providing services such as introduction, activation, and consultation for customers who want to use the new Google Workspace Frontline to complete the goal of a perfect work mode of internal enterprise communication.

Please feel free to schedule a consultation (https://tscloud.com.my/consult-g-suite) or call TS Cloud (Google Premier Partner) at 1800-18-3155.

Company Details

Company Name: TS Cloud Sdn Bhd
Website (MY): https://tscloud.com.my
Website (TW): https://tscloud.com.tw
Email: service@tscloud.work
Tel: 1800-18-3155

PR Newswire

Spinnaker Support Announces Full Year 2020 Performance Results

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DENVER, April 8, 2021 — Spinnaker Support, the world’s highest-rated provider of Oracle, SAP, and Salesforce support services, today announced performance highlights for its full fiscal year ending December 31, 2020. The continued strong growth of Spinnaker Support’s revenue, clients, staffing, and customer satisfaction present solid confirmation of its market appeal and recognition of its award-winning combination of third-party support and managed services.

Spinnaker Support is the fastest growing provider of third-party maintenance and managed services for Oracle and SAP applications
Spinnaker Support is the fastest growing provider of third-party maintenance and managed services for Oracle and SAP applications

2020 Highlights

  • Record Growth, Healthy Financials: Net new sales deals increased by 39.1% and revenue by 22.3% compared to FY 2019. The company retained a strong balance sheet and extended its streak of profitability to 48 quarters.
     
  • Satisfied, Loyal Customers: Annual customer satisfaction ticked up to 98.7%, and Net Promoter Score (NPS) reached 79. For 2020, the company earned a 4.9/5.0-star overall rating on Gartner Peer Insights, based on independent, verified customer reviews. 
     
  • Expanded Staffing: Employee count grew by 36% in 2020, with support resources added in all eight global support centers. Key leadership roles were filled in all areas. Employees rate working for the company with 4.9/5.0 stars on Glassdoor and demonstrated their loyalty with retention rates exceeding 92%.
     
  • New & Improved Services: Launched new managed service offerings for Salesforce CRM and SAP Business Intelligence. Innovative tools and technologies to improve enterprise security and decrease issue resolution time included Artificial Intelligence (AI) and proactive monitoring.

"2020 was another exceptional year for Spinnaker Support," said Matt Stava, CEO at Spinnaker Support. "We excelled in revenues, new customer acquisitions, existing customer retention, and the continuous building of our employee base and hiring key executive leaders. I am extremely proud of our accomplishments, which occurred despite unprecedented global pandemic and economic turbulence. Because we prioritize customers and take a flexible approach to contracting, we lost zero customers to the global downturn while earning a Stevie Award in recognition of our impressive COVID response customer service."

Record Revenues from More Global Customers

In 2020, Spinnaker Support’s customer count rose to just over 1,300. New customers included highly recognized and respected global brands spanning many industries, with 34% of new customers from enterprises headquartered outside of the United States. Additionally, existing customers consolidated their service requirements with Spinnaker Support, where 30.7% contracted for two or more of the company’s support services.

Eleven organizations switched to Spinnaker Support from rival third-party support vendors, citing a stronger security program, more flexible commercial contracts, and lack of legal risk. "It was easy to switch to Spinnaker Support. We gained contract flexibility, improved service quality with our own assigned support team, and now enjoy a friendly and collaborative relationship," said an Oracle Database Customer in the Environmental Services industry.

New and Enhanced Services to Meet Customer Demand

Spinnaker Support added and enhanced significant services to meet the evolving needs of its clients.

  • The SAP practice launched SAP Business Intelligence managed services packages and enhanced its Basis services offering, two critically underserved areas in the market.
  • The company announced the availability of Salesforce® application management and consulting services, immediately onboarding the first customers. Reviews on the Salesforce AppExchange are high and sales pipeline continues to expand.
  • The JD Edwards practice enhanced its existing managed services with a new 24/7 monitoring solution designed to proactively address emerging technical issues. "With our limited resources, it is reassuring to have Spinnaker Support’s 24/7 CNC managed services and monitoring working with us," said Roxanne Sikraji, Director of Technology, Jacobus Energy. "Through automated alerts, their global JD Edwards team often fixes a CNC issue before we’re even aware of it."

For the excellence of its existing and new services, Spinnaker Support’s operations teams received a record five Stevie Awards in 2020, including Customer Service Department of the Year, Front-Line Customer Service Team of the Year, and Woman of the Year in Customer Service.

Building Towards the Future

Spinnaker Support onboarded a record number of new employees in all regions and nearly doubled the global tax and regulatory compliance team size.

To embrace growing market demand, Spinnaker Support appointed key executives with decades of industry experience. These included:

  • Chad Stewart, a veteran Salesforce consultant and team leader previously with Slalom Consulting, as the first Vice President of Global SaaS Support Services
     
  • Martin Biggs, former IBM executive as Vice President and General Manager of the EMEA region responsible for driving sales and operational management
     
  • Shaun Forshey, Vice President, Customer Success, formerly with Oracle and Microsoft and responsible for customer lifecycle management and delivering WOW customer experiences
     
  • Megan Morris, Vice President, Human Resources, a senior leader charged with helping Spinnaker Support rapidly scale its HR backbone during this period of immense growth
     
  • Brian Stanz, Vice President, JD Edwards Global Support Services, an operational leader with 30 years of development and business management experience for Oracle and JD Edwards

Customer Satisfaction Rises Again

Overall satisfaction increased to 98.7% in the annual customer survey, with high marks for service quality, technical and functional knowledge, and the understanding of customer’s business and unique environment. Customer loyalty remains unrivaled in the space, with a Net Promoter Score of 79, nearly twice the service industry average. Customer willingness-to-recommend exceeded 91%, illustrating the high regard of the growing customer base.

Customers cite the comprehensive, responsive service, which averaged <5-minute response time. "With SAP’s support, we never spoke with anyone," said Craig McBroom, Business Analyst at BancTec. "Now, with Spinnaker Support, it’s 3-4 times better than SAP was. We talk to real people who deliver real resolutions. It’s like you found the switch to the light in a dark room."

86.3% of annual survey respondents view Spinnaker Support as Critical or Important to the work they do. Korean-based Hanssem agreed: "Spinnaker Support is a partner that is verified and trusted from various angles. We are receiving professional support services, cutting costs, and have reallocated human resources. Even in the coronavirus era, we have been able to strengthen our core capabilities and improve our cash position."

"Since founding in 2008, we have not wavered from our mission of delivering ‘supportive support’ with integrity," said Stava. "We reinvest a high percentage of revenues into continuous improvement of service capabilities and value, exemplified by the fact that over 70% of employees work in customer-facing service roles. With an outstanding year like 2020, we invest more in the services that drive our customers’ business success. Our high customer satisfaction and loyalty scores reflect that level of dedication and outcomes."

About Spinnaker Support

Spinnaker Support is the leading global provider of third-party enterprise software support, managed services, and consulting for mid-size to Fortune 100 global enterprises. Recognized and respected brands that run Oracle, SAP, and Salesforce customers benefit from more responsive, comprehensive, and affordable services for their enterprise applications and technologies. Since 2008, our award-winning services, exacting standards, and unparalleled expertise have earned us the trust and loyalty of more than 1,300 organizations in 104 countries. To learn more about Spinnaker Support, visit our website.

Michelle Wilkinson
1-720-4575442
mwilkinson@spinnakersupport.com

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