cloud technology 31 Oct 2023
Data Intensity, a leading strategic Oracle partner and global leader in Oracle managed cloud services and solutions, is pleased to announce that John Bonapace, a sales and marketing leader with a track record of accelerating revenue growth, will be joining the company's executive team in the newly created role of Chief Revenue Officer (CRO).
With over 30 years of executive experience in the technology services industry, Bonapace is a dynamic leader known for his results-oriented approach and strategic vision. As the newly appointed CRO at Data Intensity, he will lead the Sales, Marketing, and Channels teams, and be responsible for creating cohesive, forward-thinking strategies to enhance client engagement, foster strategic partnerships, and drive revenue and profitability.
Prior to joining Data Intensity, Bonapace served as the Chief Marketing Officer at Secure-24/NTT Ltd., where he played a pivotal role in shaping the company's marketing initiatives, expanding its market presence, and contributing to significant growth and profitability. Prior to Secure-24/NTT Ltd., Bonapace spent 25 years at Oracle and Sun Microsystems, in a variety of roles, leading high performing sales and marketing teams, serving global clients in multiple industries. His comprehensive understanding of the technology landscape, coupled with a track record of building high-performing teams, positions him as a valuable addition to the Data Intensity leadership.
"We are excited to have John join our executive team as our Chief Revenue Officer," said Shawn Peralta, co-CEO of Data Intensity. "His diverse background, leadership acumen, and strategic vision align perfectly with our dedication to enhancing the breadth of our partnerships, optimizing our market approach, and driving sustained business growth."
Bonapace's appointment comes as part of Data Intensity's commitment to delivering exceptional solutions and services to its clients and partners. His expertise and leadership will contribute to the company's mission of providing clients with the highest level of services and expertise while driving innovation in the industry.
"I am excited to join the Data Intensity team and work alongside the dedicated professionals who are committed to delivering industry-leading managed cloud services," said John Bonapace. "I look forward to leveraging my experience and collaborating with the teams to drive continued growth and success for our clients and partners."
technology 30 Oct 2023
Tuya Smart, a global IoT developer service provider, has been committed to advancing the adoption of Matter standards in the industry, helping customers to reduce the cost of receiving Matter certification for devices and shorten product launch times, to seize new opportunities in smart business.
The Connectivity Standards Alliance officially released Matter 1.2 on October 23, 2023. The update adds support for nine new types of connectivity devices, and makes important improvements to the existing technical specifications, SDKs, certification policies, and testing tools.
As a pioneer in promoting Matter, Tuya has showcased its full-stack solutions for Matter at several well-known industry events, including CES, MWC, IFA, and the Hong Kong Electronics Fair (Autumn Edition). Tuya was also invited by ecosystem partners to show its full-stack solutions for Matter at marketing events including AWS Summit, Google I/O, Google Smart Home Summit, among others. It also joined the Connectivity Standards Alliance Boston Member Meeting, and the Samsung Developer Conference. Meanwhile, Tuya, as a member of the Connectivity Standards Alliance's China Member Group, also participated in the Matter Interoperability Wall Program, and presented at the Guangzhou International Lighting 2023.
Matter 1.2 officially released
Tuya Continues to Expand Matter Product Categories
The newly released Matter 1.2 adds support for nine new types of devices, including refrigerators, room air conditioners, dishwashers, washing machines, floor sweepers, smoke and CO alarms, air quality sensors, air purifiers, and fans. Additionally, Matter 1.2 features important improvements to its testing and certification program, such as the addition of new chip platform support to the SDK, enhancements to the Matter testing tool, and other functionality improvements that will help companies shorten product launch times.
With Matter 1.2, Tuya continues to improve its full-stack solutions for Matter, helping customers expand their Matter smart home product portfolios. As of October 5, Tuya has obtained 217 Matter certificates, covering five main categories: electronics, lighting, sensors, gateway, and home appliances. The launched hardware solutions cover a number of smart home categories: light bulbs, light strips, switches, gateways, sockets, sensing, curtains, thermostats, and others.
In July, Tuya Smart became one of the few businesses in the world to offer both full-stack solutions for Matter and Matter Non-VID Scoped PAA certificates that are recognized by the Alliance. This enabled Tuya to help more than 846,000 global developers in its ecosystem to complete the security certification of Matter devices in a highly efficient and cost-effective way.
Last month, Tuya also participated in the test of Matter 1.2 SVE including Matter over Thread Smoke and Carbon Monoxide Alarms, and Matter over Thread Air Quality Sensors. With the release of Matter 1.2, the two new tested product solutions will soon be available.
In addition, Tuya is also actively involved in the upgrading and iteration of the Matter TV standard, aiming to ensure that the Tuya-enabled center control panel's features align with the next standard. It is reported that the Matter TV standard with Tuya-enabled center control screen capabilities is expected to be officially released next spring.
Tuya is further strengthening its relationship with ecosystem partners to advance the application of Matter in various spheres. In response to Amazon's introduction of Matter Simple Setup (MSS), Tuya has launched its solutions for MSS and finished MSS testing for Tuya-enabled Wi-Fi and Thread devices. Meanwhile, customers are further enabled by Tuya in accordance with the Commissionable Endpoint functionality from Amazon. After adding the device, end-users can use the Tuya-enabled App to immediately synchronize Matter devices to the local system. Thus, end-users can use Amazon Echo speakers to achieve local control of Matter devices even when there is no network connection.
Lower the Barrier to Receive Matter Certification
Enable Customers to Build Differentiated Competitive Strengths
As the Alliance's highest-level member, Tuya possesses several qualifications, including Matter product compliance certificate transfer, similarity certification, and new certification, among others. That is to say, all products created using Tuya's Solutions for Matter can be certified quickly and affordably through Tuya's certificate transfer, significantly reducing the time required for certification.
MOMAX SMART, a leading AIoT and consumer electronics brand, recently developed the Matter Gateway and Matter LED through Tuya's full-stack solutions for Matter and obtained the Alliance's Matter certification. With Tuya's support, MOMAX SMART received certification within thirteen business days and became the first Hong Kong brand to enter the Matter ecosystem.
Meanwhile, relying on the Tuya developer platform, MOMAX also achieved interconnection with Amazon Alexa, Google Home, Apple Home, and other mainstream ecosystems, which provides a boost to the layout of MOMAX in overseas markets. Currently, MOMAX has won a good reputation in Hong Kong and Taiwan, Southeast Asia, and Europe. John Cheng, CEO of MOMAX SMART, said that in the future, he hopes to develop more Matter devices and work with Tuya to promote the penetration of Matter in the smart home industry.
Matter's continuous upgrading will accelerate the breaking down of ecosystem barriers and further tackle the problem of smart home fragmentation for both upstream and downstream businesses in the smart home market. In the future, Tuya will continue to promote the development of Matter devices, design, test, and validation of Matter, and facilitate the adoption of Matter in the global market.
cloud technology 30 Oct 2023
Omnicom today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential, for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.
Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands. With a workforce of more than 2,000 professionals, Flywheel provides services in retail commerce operations, media execution, and market intelligence to over 4500 brands. These services are reinforced by their advanced technology platform, Flywheel Commerce Cloud, which delivers near real-time insights to improve decision-making and boost sales.
John Wren, Chairman and CEO of Omnicom said, "E-commerce sales worldwide are set to increase by 50%, reaching about $7 trillion dollars by 2025. The acquisition of Flywheel significantly broadens our reach and influence in the rapidly expanding digital commerce and retail media sectors, two of the fastest-growing parts of the industry. Together, we will seamlessly integrate our offerings across retail and brand media, digital and in-store commerce, and CRM, ultimately delivering superior results for our clients."
For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface. Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces. Flywheel Commerce Cloud's product and transaction data will be connected to Omni's audience and behavioral data to provide unmatched insights and analytics.
Flywheel will operate as a Practice Area within Omnicom and will be led by Duncan Painter who currently serves as CEO of Ascential.
Painter stated, "By connecting Flywheel Commerce Cloud's product and transaction data with Omni's audience and behavioral data, we are poised to offer an end-to-end set of services that outpaces the competition. We aim to empower our clients to automate, optimize, and measure their digital commerce and media spend within an increasingly complex marketplace."
The acquisition is expected to close in the first quarter of 2024 and is subject to Ascential shareholder approval, regulatory approvals, and customary closing conditions.
Moelis & Company LLC acted as financial advisor and Latham & Watkins LLP acted as legal advisor to Omnicom.
cloud technology 30 Oct 2023
Broadcom Inc. and VMware, Inc. today announced their expectation that Broadcom's acquisition of VMware (the "Transaction") will close soon, but in any event prior to the expiration of their merger agreement.
The parties have received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. There is no legal impediment to closing under U.S. merger regulations.
The parties also announced the results of the elections made by VMware stockholders of record regarding the form of consideration they wish to receive in exchange for their shares of VMware common stock in connection with the Transaction. As previously disclosed, the deadline to have made such an election was 5:00 p.m. Eastern Time on October 23, 2023 (the "Election Deadline").
As further described in the election materials and in the parties' proxy statement/prospectus dated October 3, 2022, each VMware stockholder will be entitled to receive, for each share of VMware common stock held immediately prior to the closing of the Transaction, (i) $142.50 in cash, without interest (the cash consideration), or (ii) 0.2520 of a share of Broadcom common stock (the stock consideration). The merger consideration is subject to proration so that 50% of the aggregate shares of VMware common stock outstanding immediately prior to the closing of the Transaction will be converted into the cash consideration and the remaining 50% of the aggregate shares of VMware common stock will be converted into the stock consideration. Each VMware stockholder will receive cash in lieu of any fractional shares of Broadcom common stock that the stockholder otherwise would be entitled to receive.
Based on the final results of the merger consideration election:
A more detailed description of the merger consideration and the allocation and proration procedures applicable to elections is contained in the proxy statement/prospectus. VMware stockholders are urged to read the proxy statement/prospectus carefully and in its entirety. Copies of the proxy statement/prospectus may be obtained free of charge by following the instructions below, under "Additional Information about the Transaction and Where to Find It."
technology 30 Oct 2023
Lexsoft Systems, a provider of IT and business process solutions, today announced the launch of the fully cloud-enabled version of its knowledge management (KM) solution, Lexsoft T3. Law firms can now establish a modern, best practice-led, global KM capability quickly and cost-effectively, eliminating the need for upfront IT costs and complex technical implementation associated with on-premises software implementation. T3 is a software-as-a-service (SaaS) solution that is implemented over the industry leading document and email management platform, iManage Work in the cloud, in the highly secure Microsoft Azure environment.
Lexsoft also announces seamless integration between T3 and iManage Insight+, iManage's recently launched cloud-native knowledge search and management solution. Firms using iManage Work, can now transition their enterprise-wide KM capability to the cloud to truly harness their organisational knowledge at scale.
"With hybrid working, knowledge management capability has become a business essential," said Carlos García-Egocheaga, CEO of Lexsoft Systems. "However, many firms have been unable to make their KM resources fully accessible to users on account of having a combination of on-premises and / or hybrid versions of document management, search and knowledge management systems. We have solved this problem through our seamless integration between fully cloud-enabled T3 and Insight+. IT administrators can now move their firm's entire KM capability to the cloud without technical complexity, enabling access to knowledge resources to lawyers at their point of need, on any device and in any location at a global level."
To smoothly transition the KM function to the cloud, foremost organisations implement T3 in the cloud, with all the required knowledge workflows included. When ready, IT administrators activate the iManage Insight+ integration and run a first-time synchronisation command to upload all the T3 metadata into iManage Insight+. Lexsoft is already implementing such projects at a number of global law firms alongside iManage.
Organisations' knowledge resources remain highly secure. T3, by design, never accesses the 'content' of the knowledge documents residing in iManage Work but keeps a copy of all the metadata applied to them. This metadata is only accessible through the T3 API with an iManage user connection token. This means that organisations' 'knowledge' never leaves its own secure environment. This unique capability is appreciated by customers.
With T3, legal organisations have access to robust and comprehensive workflows, metadata, and automation, enabling a highly customisable and easily scalable knowledge management capability in the cloud. Capabilities including multi-level taxonomies; ability to quickly search Bound Volumes for all types of knowledge documents pertaining to deals and matters; multi-lingual functionality; and analytics; all come as standard.
Lexsoft has achieved the ISO 27001 certification for its Madrid office – the de facto standard for information security management systems – following the successful completion of a rigorous assessment by third-party, independent auditors.
technology 30 Oct 2023
Logility, Inc., a leader in prescriptive supply chain planning solutions, will showcase their latest developments for optimizing supply chain performance at the 2023 Gartner Supply Chain Planning Summit in London, England 30-31, October 2023.
Artificial intelligence (AI) isn’t just a buzzword, it’s a game-changer. Many planners and executives are considering how to integrate AI into their business and leverage it to increase accuracy and optimize operations, while speeding decisions that maximize performance. At booth #207, Logility experts will share how DemandAI+ is leaping beyond historical forecasting methods to provide real-time insights into the impact of changing forecast components such as promotions and product introductions. In addition, this AI-first approach considers numerous demand drivers like seasonality, social sentiment, weather, and market indices.
With Generative AI built-in, DemandAI+ creates a modern, more inclusive, and intuitive planning paradigm. DemandAI+ with Generative AI is designed so that planners and executives alike can simply ask questions and gain powerful insights that enable rapid decision-making.
InventoryAI+ is designed to improve insights with enhanced AI and a fresh user experience designed for today’s supply chain professional. Predictive analytics empower planners to resolve issues in real-time and achieve higher service levels while maximizing profit. As a comprehensive solution, Logility’s Digital Supply Chain Platform even provides the capability to optimize against detailed scheduling constraints and goals for each manufacturing resource with a plant.
“In today’s business environment, it’s critical to have a firm grasp of demand, inventory, and supply. At the Gartner Planning Summit we will showcase how quickly and easy it is to gain new insights leveraging our configurable platform to meet business objectives and drive financial performance,” said Allan Dow, president of Logility.
technology 30 Oct 2023
World Wide Technology (WWT), one of the largest privately held, technology innovation companies, has today announced it will be expanding to the Middle East and will begin to establish its innovation gateway presence in Masdar City, Abu Dhabi. This strategic expansion follows WWT’s recent partnership with the Cyber Security Council of the UAE Government and marks a significant step towards driving technological growth and innovation in the region.
With this launch, WWT will invest in the region to support the development of AI and Cyber Security Academies, whilst accelerating the deployment of cutting-edge technologies and providing robust support to UAE-based customers, enabling them to drive innovation at an unprecedented speed and scale.
WWT will leverage its Advanced Technology Centre which will be a catalyst for the technology digital economy in the UAE. The ATC is a collection of physical labs that are virtualised to create a collaborative innovation-ecosystem that helps organisations to design, build, and deploy innovative technology products. The ATC is home to the world’s leading Original Equipment Manufacturers (OEMs) and boasts a multimillion dollar infrastructure investment by the company. This unrivaled facility enables customers to de-risk and accelerate innovative technology deployments, supporting the region’s National Programme to Transform Technology, which aims to boost the pace of technological transformation across key sectors.
WWT expansion looks to catalyse groundbreaking innovation within the Middle East and Africa markets, with a goal of establishing these regions as global innovation hubs. As part of this commitment, WWT has ambitious plans to construct the most advanced OEM technology research and development laboratory accelerating innovation and time to market. The expansion also demonstrates the company's commitment to being a high-value contributor to the region, diversifying and future-proofing the UAE economy, whilst also boosting AI, data science and emerging technology capabilities across the Middle East and Africa. The move also aligns with the UAE 2030 goals, and accelerates the “Make it in the Emirates” strategy.
“We are delighted to partner with the Cyber Security Council to provide efficient strategies for securing digital environments,” said Omar Mir, WWT President. “And we are proud to already be working with the leading UAE technology ecosystem. The UAE has not only one of the fastest growing technology markets in the world, but a rich community of talent which we look forward to fostering over the coming years. We are committed to expanding our presence in the UAE, and deepening our relationships with current and new customers, joining the UAE’s thriving tech community.”
In terms of future growth, Omar Mir comments, “We are aiming to make UAE a true international AI gateway for global markets. We want to replicate our proven model and drive more companies into the region by developing the world’s most dynamic Multi-OEM Technology R&D Lab.”
His Excellency Mohammed Hamad Al Kuwaiti, Head of UAE Cyber Security Council adds, “We are thrilled to sign an MOU with World Wide Technology, they are a key strategic partner who will enable acceleration of our strategy to protect the UAE and deliver excellence across Cyber Security and AI, accelerating the UAE as a leader of innovation showcasing a best-in-class approach to the rest of the world.”
cybersecurity 30 Oct 2023
Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced its Trellix XDR Platform is recognized in the Annual InfoSec Innovator Awards from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. Trellix is named the ‘Editor’s Choice in Extended Detection and Response (XDR)’ winner.
“Trellix embodies three major features we judges look for with the potential to become winners: understanding tomorrow’s threats today, providing a cost-effective solution, and innovating in unexpected ways to help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.
Providing out-of-the-box functionality customers don’t get from their SIEM, Trellix’s open architecture provides the broadest set of native security controls while also integrating with data from more than 500 third-party tools to create deep multi-vector, multi-vendor event correlation and context, speeding up investigations. Automated workflows drive orchestrated responses to risks across the enterprise, stopping threats and lateral movement.
“It’s an honor to have the Trellix XDR Platform recognized among this group of innovators by a panel of judges encompassing leading infosec experts from around the world,” says Ash Parikh, Chief Marketing Officer, Trellix. “Trellix is committed to securing our 40,000 global customers with innovative solutions to stay ahead of threat actors, and this award is a testament to these ongoing efforts.”
With the Trellix XDR Platform, customers get more value from current investments to make threat intelligence actionable, not isolated. Built on scalable, open and hybrid architecture, it is also a future-proof investment, allowing the integration of additional data, tools, and emerging technologies.
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