Beyond Technologies, a Syntax company is proud to announce the opening of its Center of Excellence in Casablanca. Beyond Technologies recently joined the Syntax family of companies, making it a dominant global provider of SAP solutions and services.

The official opening was marked by an inaugural ceremony on November 8th, conducted by the COO of Beyond Technologies, Sébastien Tessier, with Ghita Mezzour, the Moroccan Minister in attendance who oversees Digital Transition and Administration Reform.

Over the next five years, the new Moroccan center will help to create numerous highly specialized IT jobs, helping global businesses leverage the skill of the local market to realize the value of their SAP solutions and accelerate digital transformation.

"This strategic decision will increase our service offering to meet our clients' ever-growing needs. The incredible talent pool, the quality of the universities and the proximity to our France office all made Morocco the logical choice," declared Luc Dubois, Partner and CEO of Beyond Technologies, a Syntax company.

The Morocco Center of Excellence will bring extensive expertise to implement and support the latest SAP innovations, serving hundreds of clients across industries globally. The local team will work across country lines with Syntax's various offices in the Americas, Europe, Africa, and Asia.  

Amal Ouady, Director of Beyond Technologies Morocco, brings over 15 years of experience around SAP maintenance and implementations. Recognized for the value she brings, her commitment and her proven leadership, Ouady will be responsible for building a thriving center that brings the best talent Morocco has to offer to service clients globally.

"Our ambition is to assist in developing local talent within the Moroccan market, and in doing so, offer our clients exceptional service from a specialized COE. I am looking forward to making this new center a great place to work for our employees," says Amal Ouady, Director of Beyond Technologies Morocco.

Beyond has been recognized as one of the best places to work in Canada and the Morocco office has similar aspirations. There is an ambitious roadmap in the first two years to recruit talent in collaboration with several Moroccan universities to build relationships and present career path opportunities for new graduates as part of the structured training program Beyond has already developed in North America, France and South Africa. The talent acquisition team will also be looking for senior consultants to join the local team.

"The quality of education programs and approach to innovative programs were some of the key factors in selecting Morocco. The early meetings with Moroccan university officials and students solidified our choice for developing a local business model and creating opportunity for engineering, business and IT talent," says Ferroudja Smaili, Senior Talent Acquisition Director.

Appian recently achieved certification according to the C5 Criteria Catalogue following an independent audit. The Cloud Computing Compliance Criteria Catalogue, or C5 for short, published by the German Federal Office for Information Security (BSI), is a catalogue of security requirements for cloud services and supports customers in gaining transparency regarding the division of security-critical tasks between cloud providers and customers.

According to Bitkom, 89% of German companies already use the cloud and about half of them (56%) will be using the cloud in five years' time, making the C5 requirements catalogue of great importance. Meeting the C5 criteria underscores Appian's superior security performance and robust privacy practices across its cloud-based platform.

The BSI's C5 framework consists primarily of a list of security controls developed by the federal agency. The catalogue of requirements was intended to bundle the multitude of previous rulebooks. It was first published in 2016 and revised in 2019. Particularly in the regulatory environment, the C5 catalogue of requirements has a high status due to the strict specifications and sensitivity of data in this area. Since then, it has established itself as the de facto standard for cloud security in Germany and enjoys a high level of acceptance in both the business and public sectors.

"The successful C5 test certificate is another milestone in our ongoing commitment to ensure the highest security standards for our customers," comments Fabian Czicholl, Regional Vice President DACH at Appian Germany. "This certification underlines our commitment to data protection and the security of our platform, which is used by companies and public organisations worldwide to automate and optimise critical business processes."

With the Appian Platform, Appian gives companies and public institutions the ability to quickly and efficiently design, automate, and optimise their processes. The guaranteed C5 compliance the platform offers provides customers with additional assurance that their data is safe and secure. Appian implements strict controls and security measures to ensure the confidentiality, integrity, and availability of data. This includes compliance with the European Union's General Data Protection Regulation (GDPR) and other international standards.

• Increase of 13% net sales growth at actual currency across all regions and product segments

• Increase of 20% in enterprise annual recurring revenue exceeding US$745 million

• Increase of 22% year-over-year totaling over 74 million+ enterprise assets protected

• Increase of 30% year-over-year growth of free cash from operations

Trend Micro Incorporated, a global cybersecurity leader, today announced earnings results for the third quarter of fiscal year 2023, ending September 30, 2023 by reporting 13% year-over-year (YoY) growth.

Trend empowers over 500,000 enterprise organizations and over 17 million consumer customers across more than 175 countries to thrive in a world with less cyber risk. 

For this quarter, global customer demand drove platform expansion by 20% YoY in enterprise annual recurring revenue (ARR) totaling more than US$745 million. The company grew its protection of 74 million+ enterprise assets at a growth rate of 22% YoY through the combination of its platform telemetry, powerful generative AI engine and unmatched threat intelligence.

"Amidst the dynamic cybersecurity landscape, we proudly marked our 100^th consecutive quarter of profitability, a milestone rarely achieved in the public market and one we attribute to our customers' embrace of innovations," said Trend Micro CEO and co-founder Eva Chen. "We are relentlessly focused on delivering customers a platform to increase risk visibility and decrease complexity of their security stack, while we are simultaneously advancing our corporate balance of growth and profitability."

That operational rigor delivered Q3 free cash flow from operations that grew 30% YoY, the application of which will propel business modernization and enable additional shareholder returns. Trend also disclosed plans for a powerful combination of special dividends and an increase in share buyback, which will be further disclosed at its upcoming investor day.

Trend will host its investor day at 10:00 a.m. (GMT+9) on Thursday, December 1, 2023, as a hybrid event format for invited investors.

For this quarter, Trend Micro posted consolidated net sales of US$443 million (144.80 JPY =1USD). The company posted operating income of US$ 78 million and net income attributable to owners of the parent of US$ 6 million for the quarter.

The company will not revise expected consolidated results for the full fiscal year ending December 31, 2023 (released on February 16, 2023). Based on information currently available to the company as of November 9, 2023, consolidated net sales for the year ending December 31, 2023, is expected to be US$1,840 million (based on an exchange rate of 135 JPY = 1 USD.) Operating income and net income are expected to be US$257 million and US$125 million, respectively. 

Key business updates in Q3 2023

Innovative: Trend nurtures a culture of innovation to drive advancements across its cybersecurity platform.

• Debuted significantly enhanced platform with the addition of Trend Vision One™ – Companion, a new generative AI assistant, to streamline processes and empower analysts.
• Led the XDR vendors list in the Summer 2023 G2 Grid through customer superior rankings of the Trend Vision One™ platform.
• Launched new managed security service providers (MSSP) offering to further enable the global ecosystem partners to grow SOC-as-a-service offerings.

Trusted: Trend is a trusted partner to the customers and communities that it serves.

• Appointed to U.S. Hacking Policy Council, a new industry alliance dedicated to advocating for security research and testing among policymakers.
• Achieved 100% protection rate in the rigorous MITRE Engenuity ATT&CK^® Evaluations, detecting and blocking 100% of attack events in the 13 attack phases.
• Revealed new research that ransomware victims have surged 47%, with one in six attacks on U.S. government offices trace back to the LockBit ransomware group.

Global: Trend has the most geographically diverse customer base in the industry, with millions of sensors powering the Trend Vision One platform for superior attack surface risk management.

• Recognized by Forrester as one of 6 security vendors that generate $250m or more in annual revenue from their cloud workload security portfolio.
• Launched a global generative AI ideathon competition, sponsored by Microsoft, to unleash new business efficiencies and drive its culture of innovation.
• Partnered with INTERPOL to dismantle a prolific phishing-as-a-service (PaaS) operation as a part of its ongoing collaboration with worldwide law enforcement agencies.

Trend Micro was awarded the following patents in Q3 2023:

New Solution Finds Compromised, Vulnerable Assets Across Firmware & Cyber-Physical Systems Using AI

NetRise, the company providing granular visibility into the world's Extended Internet of Things (XIoT) security problem — encompassing the modern firmware and software component security challenges of IT, OT, IoT, and other connected cyber-physical systems — today announced the release of Trace in the NetRise Platform. This new solution allows users to identify and validate compromised and vulnerable third-party and proprietary software assets using AI-powered semantic search for the first time.

Trace revolutionizes vulnerability detection and validation by introducing intent-driven searches, allowing users to search their assets based on the underlying motives or purposes behind the code and configurations that lead to vulnerabilities rather than solely relying on signature-based methods. Rather than searching for specific code patterns or known vulnerabilities, users can query the system based on the intent of malicious actors or negligent developers. Such a method captures a wider range of software packages, misconfigurations, or unidentified flaws. Trace highlights affected assets, files, and packages utilizing natural language, mapping their intricate relationships across the entire software supply chain without the need for a scanning mechanism.

"Identifying issues in XIoT devices and their components has been an especially challenging problem," said Michael Scott, Co-Founder, CTO, and Chief Scientist of NetRise. "This product release represents a significant advancement in product security and streamlines the detection and resolution of issues in complex systems. Moreover, it changes how NetRise customers discover and address issues more generally, with AI as a key driver in process enhancements."

Trace is the first solution to integrate AI-driven semantic search, supply chain impact analysis, and vulnerability validation utilizing large language model (LLM) capabilities, which offer customers a unified and potent solution to detect known and hidden threats in low-level firmware and other cyber-physical systems.

Key enhancements and capabilities of the new Trace solution in the NetRise Platform include:

• AI-Powered Search: Semantic and keyword-based search for all files, operating system configurations, and vulnerabilities across all assets using AI.
• Deep Supply Chain Introspection & Origin Tracing: Discover and trace the origin of code and risk back to the third-party or proprietary software packages that introduced it across all assets.
• LLM-Based Vulnerability Discovery & Validation: Identify vulnerabilities and gauge their impact in the software supply chain using code-based or broad natural language queries, validating issues across an organization's firmware, software, and cyber-physical systems.

Supply chain compromises are increasing, often targeting firmware or open-source software packages through dependency poisoning and other attacks. A widespread effort across numerous industries, involving both public and private sectors, is underway to discern which assets, devices, and software contain compromised software packages and vulnerabilities. The complexity of analyzing device firmware and build artifacts further exacerbates this challenge.

NetRise addresses these challenges by enabling organizations to quickly trace all impacted assets using a single query. Upon identifying a positive match, it generates a comprehensive graph of the affected software supply chain components, eliminating the need for repeated scans or asset reprocessing. This approach is essential in discerning the extent of threats — from nation-state actors to inherent vulnerabilities and inadequate development practices — across devices, firmware, and software packages.

EvoluteIQ, a leading intelligent business automation platform provider, has been positioned as a Major Contender for the second consecutive year and a Star Performer on Everest Group's prestigious Process Orchestration Products PEAK Matrix® Assessment 2023.

Everest Group's PEAK Matrix® is a comprehensive evaluation framework that assesses the relative market success and overall capability of service providers in the global process orchestration domain. The recognition of EvoluteIQ as a Major Contender and a Star Performer emphasizes the company's relentless commitment to delivering cutting-edge intelligent business automation solutions that drive efficiency and innovation.

The evaluation, which considers critical dimensions including Market Impact and Vision and Capability, reflects EvoluteIQ's significant contributions to the intelligent business automation landscape. Within the Market Impact dimension, EvoluteIQ's strong market adoption, diverse portfolio mix across industries and geographies, and exceptional customer satisfaction underline the company's resolute promise to deliver value-driven solutions that drive enterprise business outcomes

Under the Vision and Capability dimension, EvoluteIQ's visionary approach coupled with its comprehensive process design and management capabilities, highlight the company's ability to deliver state-of-the-art products successfully. Furthermore, EvoluteIQ's emphasis on hybrid workforce management, seamless implementation and support, adaptable commercial models, and relentless commitment to data security, position the company as a frontrunner in the intelligent business automation space.

"We're delighted to be recognized by Everest Group as a Major Contender consecutively for the second time as well as a Star Performer in their latest PEAK Matrix® Assessment," said Sameet Gupte, Co-Founder and CEO of EvoluteIQ. "This recognition is a testament to our team's dedication to building the best-in-class intelligent business automation platform that empowers our enterprise customers to optimize their processes and achieve operational excellence." Within Everest Group's evaluation framework, Star Performers are identified through a comparative analysis of providers' progress on the market impact and vision and capability dimensions in both the previous and latest PEAK Matrix® assessments. This distinction is granted to providers showcasing the most significant year-over-year advancements, emphasizing sustained growth and innovation.

EvoluteIQ remains steadfast in its mission to redefine the future of intelligent business automation, empowering businesses across industries to optimize their operations, reduce complexity, and achieve sustainable growth.

Expanded solution empowers organizations to eliminate complicated, inefficient legacy branch infrastructure, optimize performance, and unlock massive cost savings

Netskope, a leader in secure access service edge (SASE), today unveiled the Next Gen SASE Branch: a major step forward in infrastructure that uses Netskope's award-winning Borderless SD-WAN to transform how organizations manage their most critical networking and security functions and optimize enterprise branches everywhere.

Information technology teams today seek cloud-centric infrastructure solutions that elegantly converge network and security capabilities, reduce legacy technology maintenance, and support the performance demands of hybrid work environments. SASE has emerged as a leading framework already influencing these enterprise buying decisions; according to Gartner®, by 2026, 60% of new SD-WAN purchases will be part of a single-vendor SASE offering, up from 15% in 2022^[1].

But current branch infrastructure is often rife with challenges. To date, most branch solutions:

• Rely on legacy SD-WAN and multiple disjointed network security technologies that were not built to extend performance to cloud-first, hybrid work environments;
• Can't accommodate the explosion of cloud applications or IoT devices now in use throughout the enterprise;
• Struggle under collections of security point products and connectivity services that aren't cleanly connected or integrated, but incur significant ongoing maintenance costs;
• Contribute to an overall status quo of inefficient, un-optimized branch infrastructure and inadequate security controls.

The new Netskope Next Gen SASE Branch, powered by Borderless SD-WAN, converges a unified SD-WAN and security appliance, the Netskope SASE Gateway, with a context-aware SASE fabric, zero trust-based security, and a SkopeAI-powered cloud orchestrator. Available as a single, cloud-delivered offering, the solution also includes a thin branch that optimizes and secures traffic from all locations and users to cloud and on-prem locations.

"We've designed the Next Gen SASE Branch with the biggest needs of enterprise businesses in mind, both today and in the future," said Parag Thakore, SVP, Borderless SD-WAN at Netskope. "Organizations no longer need to manage a complex stack of solutions to properly operate their enterprise, nor do they need to sacrifice performance for security. With Next Gen SASE Branch, they can take full advantage of a one-platform, one-software, one-policy approach that's uniquely and fully enabled by Netskope Borderless SD-WAN."

"As a full service managed service provider, we've partnered with Netskope and deployed their fully integrated SASE solution to modernize the branch and VPN infrastructure of many customers," said Darren Carlson, CEO Halo Global. "Utilizing Netskope's platform, we can expedite customer onboarding to provide a technology that streamlines infrastructure while enabling them to grow and secure their business."

"The era of the hyper-distributed enterprise - where workers can be anywhere and applications are everywhere - is causing organizations across the globe to transform their network and security strategies," said Brandon Butler, IDC Research Manager, Enterprise Networks. "Key capabilities for next-generation architectures include deeply integrated networking and context-aware security, cloud-based management, and advanced automation enhanced by AI/ML. Netskope's Next Gen SASE Branch exemplifies the company's approach to SASE by combining the important elements of Borderless SD-WAN via NewEdge with a portfolio of cloud-native and context-aware security capabilities."

Netskope Next Gen SASE Branch includes:

• A Context-Aware SASE Fabric that supports more than 75,000 applications and cloud confidence index (CCI)-based smart QoS (quality of service) defaults, as well as AI/ML-based IoT device intelligence for traffic engineering, and VRF (virtual routing and forwarding)-aware segmentation and advanced routing delivered end-to-end across data centers and clouds. In addition, Borderless SD-WAN available on Netskope NewEdge delivers optimized Global WAN connectivity across transcontinental branches and high performance cloud on-ramp from any branch, data center, or remote user to any SaaS, private application, or transcontinental region.
• Zero Trust Hybrid Security, which seamlessly integrates cloud-delivered Secure Web Gateway (SWG) and Cloud Access Security Broker (CASB) capabilities, alongside on-premises Application Firewall, Intrusion Prevention System (IPS)/Intrusion Detection System (IDS), and Device Intelligence capabilities. In addition, Netskope ZTNA Next combines SD-WAN optimization capabilities with a converged zero trust network access solution that enables full retirement of legacy VPNs.
• SkopeAI-powered Cloud Orchestrator, which streamlines network and security management using a unified console and the enforcement of consistent policies across branches, remote locations, and various cloud environments. It further provides end-to-end path visibility and top-notch application performance using Netskope Proactive Digital Experience Management (P-DEM).

LM Co-Pilot accelerates operations and troubleshooting for IT teams

LogicMonitor, the leading SaaS-based hybrid observability platform powered by AI, today announced its generative AI-based tool, LM Co-Pilot. With the growing demand for observability tools that provide recommendations, LM Co-Pilot uses generative intelligence to assist users in their day-to-day operations, recognize issues and offer solutions, and empower IT and Cloud Operations teams to focus on innovation and the satisfaction of their customers.

"One of the benefits of generative AI is its ability to take massive amounts of information and distill it into a rich, yet refined, interactive experience. While there are several applications for this, we want to initially target experiences that we can immediately improve," said Taggart Matthiesen, Chief Product Officer, LogicMonitor. "With Co-pilot, we can condense multiple steps into an interactive experience, helping our users immediately access our entire support catalog at the tips of their fingers. This is really an evolutionary step in content discovery and delivery. Co-Pilot minimizes error-prone activities, saves our users time, and exposes them to contextually relevant information." 

LM Co-Pilot
According to LogicMonitor's Future Further report, more than one in four IT leaders report deferring development in order to troubleshoot and respond to incidents. By assessing an organization's data across its cloud and on-prem infrastructure systems and learning user preferences based on inputs, LM Co-Pilot offers an interactive dialogue and real-time assistance in set-up, administration, and troubleshooting to free valuable time and mindshare for IT and cloud ops teams. Its powerful features include:

• Admin: LM Co-Pilot streamlines multi-step and multi-page administrative tasks into LM Envision for a single interactive experience so users can achieve their tasks more efficiently while saving time and facing fewer potential errors.
• Support: LM Co-Pilot provides curated interaction, bringing the content scattered across numerous pages of support articles into a chat-like experience - saving users time and energy spent searching support documentation for best practices. 

"AI-driven capabilities need to seamlessly integrate into our existing infrastructure to enable the evolution of our IT operations," said Ethan Bateman, Service Architecture, Network Operations Center, Louisiana State University, about the organization's implementation of LogicMonitor. "Introducing the right capabilities allows us to be more agile and proactive, ensuring our teams remain free to innovate with confidence, and deliver exceptional customer and user experience."

Since its founding, LogicMonitor has been built to reduce the time and complexity of monitoring hybrid IT environments. LM Co-Pilot extends LogicMonitor's AI-powered experience to help IT teams in their day-to-day operations and administrative tasks.

Integral Ad Science, a leading global media measurement and optimization platform, today announced the appointment of Kumaresh Singh as Senior Vice President, Data Science. Singh, based in New York City, will join the IAS team reporting directly to Thomas Joseph, CTO.

Singh will lead the data science team in building highly scalable software systems to drive innovation and strategy across IAS products. He will focus on increasing adoption rates, driving revenue, and enhancing measurement and optimization solutions by applying AI and ML to the entire customer journey.

"Kumaresh Singh brings a wealth of technical knowledge and ML expertise to IAS, and I am thrilled to welcome him as our data science leader," said Thomas Joseph, CTO. "Singh's leadership skills and deep understanding of AI applications will accelerate our innovation efforts, drive strategic technology roadmaps, and enhance our product landscape with AI-enabled solutions."

Singh joins the IAS team from Meta where he was a Global Technical Leader, leveraging new technology such as recommender systems and edge AI for increased consumption and generative AI to increase content creation while driving machine learning innovation and strategy across the Meta family of products. His career spans 16+ years of experience in AI and ML, data science, research, and innovation. Prior to Meta, Singh was the Head of Artificial Intelligence at next generation cryptocurrency exchange and custodian platform, Gemini. In addition, he has held a series of leadership roles in AI, ML, research, and engineering at Bloomberg LP and J.P. Morgan.

"IAS has stood out to me as a leading pioneer in the rapidly growing ad tech landscape, one that will benefit highly from the continued adoption of AI and ML," said Singh. "I am eager to apply my understanding of these evolving technologies to IAS products and collaborate closely with my team to drive revenue through the application of smart, scalable solutions."

Singh holds a Ph.D in Computer Science with a concentration in Machine Learning and High Performance Computing from Virginia Tech; and Integrated Masters in Mathematics and Computing from Indian Institute of Technology, Kharagpur.