Announces seamless integration with iManage Insight+ to help harness organisational knowledge at scale

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.

Results from the New Era of Planning to be Showcased at the 2023 Gartner® Supply Chain Planning Summit EMEA

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.

• This launch brings WWT’s world-leading Advanced Technology Centre to the UAE

• WWT plans to invest in the region by supporting the development of AI and Cyber Security Academies and accelerating the deployment of cutting-edge technologies

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.”

Trellix wins ‘Editor’s Choice in XDR’ in Cyber Defense Magazine’s Annual InfoSec Awards during CyberDefenseCon 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.

Fobi AI Inc. (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, announces that it has proactively applied for a voluntary management cease trade order (the “MCTO”) with the British Columbia Securities Commission, as a result of certain factors beyond the Company’s control, which will cause delays to the filing of the Company’s annual financial statements and accompanying management’s discussion and analysis for the fiscal year ended June 30, 2023 (the “Required Filings”). The MCTO only restricts the Chief Executive Officer and Chief Financial Officer of the Company from all trading in securities of the Company until such time as the Required Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.

The delay in the Required Filings is a result of an ongoing remediation process by the Company’s prior auditors relating to the audit of the Company for the financial year ended June 30, 2022, which they previously completed, as well as the ongoing current year audit. The Company is working diligently with the previous auditors to resolve their matter as quickly as possible and with the current auditors to complete and finalize the audit of the June 30, 2023, financial statements.

Rob Anson, CEO of Fobi AI, states: “Our business is growing and has expanded its operations globally, which has brought about certain complexities. After careful consideration, we have made the decision to file a voluntary MCTO (Management Cease Trade Order) and take proactive measures to safeguard the liquidity of our stock. We view this as a responsible and proactive step towards ensuring transparency, compliance, and protecting the interests of our shareholders with regard to the liquidity of our stock.”

The Company expects to file the Required Filings before November 30, 2023. Until the Company files the Required Filings, it will comply with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders. The guidelines, among other things, require the Company to issue bi-weekly default status reports by way of a news release until such time as the Required Filings have been filed.

Comviva, the global leader in customer experience and data monetization solutions, today announced that its NGAGE – CPaaS Solution has received the prestigious Global Carrier Awards 2023 in the 'Best Cloud Innovation' category. The 19th annual Global Carrier Awards (GCAs) took place in London last week, during the 2023 Capacity Europe conference.

Comviva's NGAGE CPaaS Solution has garnered widespread acclaim from leading analyst firms, including Juniper and Gartner, for empowering telcos with a comprehensive suite of cloud-based communication solutions tailored for enterprise clients. These solutions seamlessly engage customers across multiple channels, including SMS, Email, WhatsApp, Voice, Video, and Conversational AI, while offering cognitive automation and NLP capabilities.

NGAGE has been successfully deployed by more than 80 telecom operators, enabling them to provide CPaaS services to over 7,000 businesses worldwide. This platform facilitates an impressive annual traffic volume of over 250 billion messages and has played a pivotal role in assisting Telcos in generating new revenue streams, with a substantial annual growth of USD 140 million.

Speaking on the occasion, Deshbandhu Bansal, Chief Operating Officer, Messaging Solutions at Comviva said, "We are proud to receive this prestigious Global Carrier Awards 2023. The acknowledgment of our NGAGE CPaaS platform as the Best Cloud Innovation reaffirms our unwavering commitment to innovation and excellence within the realm of cloud-based communication solutions. We remain dedicated to fostering positive transformation and growth for our telecom partners, enabling them to thrive in an ever-evolving market. This accolade not only validates our efforts but also serves as a source of motivation to continuously push the boundaries of what's achievable in the realm of carrier services."

The Global Carrier Awards is an annual event that recognizes and celebrates outstanding achievements and innovations in the telecommunications and carrier industry. This prestigious awards ceremony acknowledges the contributions of companies and individuals who have made significant advancements in the field of global communication and connectivity services.

HCLTech to deploy Salesforce CRM for Banco do Brasil in one of the largest CRM projects implemented in Latin America

HCLTech, a leading global technology company, has announced that Banco do Brasil, one of the largest financial institutions in Latin America, through a bidding process, has chosen HCLTech to support the bank’s digital transformation and customer relationship management (CRM) journey and implementation of Salesforce.

HCLTech’s partnership with Salesforce will enable Banco do Brasil to hyper-personalize customer relationship and service solutions, generating greater customer satisfaction and engagement within their omnichannel ecosystem, using AI resources, data unification and intelligent guidelines.

“We are proud to be part of the transformation and modernization of one of the most important banks in the country. The partnership with Salesforce is another significant step for HCLTech in accelerating the digital transformation of financial services in Brazil,” said Fabiano Funari, Vice President and Country Manager - Brazil, HCLTech. “We look forward to collaborating with Salesforce to implement one of Brazil's most complex CRM projects in Banco do Brasil.”

“We are glad to bring our global consulting and transformation expertise on the Salesforce platform to help Banco do Brasil reimagine itself for the powerful digital world with its vision to digitize every touchpoint and transform user experiences,” said Sadagopan Singam, Executive Vice President, Digital Business, HCLTech.

HCLTech will create a dedicated team of specialists with extensive CRM experience to implement Salesforce solutions for Banco do Brasil. HCLTech will use four Salesforce solutions to improve and transform the customer experience throughout Banco do Brasil: Financial Services Cloud, which reduces service costs with automation and empowers the front-office to discover key insights about their customers and their financial needs; Marketing Cloud to deliver customer experiences; Salesforce integration manager , for integration and automation solutions; and Professional Services, to ensure a successful implementation.

The consolidated platform will allow the bank to take advantage of interactions and insights from customers to offer adequate and personalized products, further strengthening its relationship and generating greater efficiency in base expansion and leveraging new business.

“We are excited about the partnership with HCLTech and are confident that our integrated solutions will strengthen Banco do Brasil's relationship with its customers. We look forward to enabling their digital transformation journey to impact productivity when it comes to sales, customer service and marketing,” said Fabio Costa, General Manager from Salesforce Brazil.

With operations in Brazil for 14 years, HCLTech has presence in São Paulo, São Leopoldo and Curitiba. It continues to supercharge progress for over 200 customers in Brazil, including Fortune 500 organizations.

Salesforce, Financial Services Cloud, Marketing Cloud, Assurance, MuleSoft and others are among the trademarks of Salesforce, Inc.

Check Point® Software Technologies Ltd., today announced its financial results for the third quarter ended September 30, 2023.

Third Quarter 2023:                                                         

• Total Revenues: $596 million, a 3 percent increase year over year
• Security Subscriptions Revenues: $248 million, a 15 percent increase year over year
• Deferred Revenues: $1,709 million, a 4 percent increase year over year
• GAAP Operating Income: $226 million, representing 38 percent of revenues
• Non-GAAP Operating Income: $269 million, representing 45 percent of revenues
• GAAP EPS: $1.75, a 19 percent increase year over year
• Non-GAAP EPS: $2.07, a 17 percent increase year over year

“Our third quarter performance was strong, marked by a 17 percent increase in earnings per share and a 15 percent rise in security subscriptions revenues. We achieved total revenues near the top of our forecast range, with earnings per share hitting the peak,” stated Gil Shwed, Founder and CEO of Check Point Software. “In the past 60 days, we’ve successfully completed three acquisitions, underscoring our security platform leadership. The acquisition of Perimeter 81 has provided us a single-vendor SASE solution that delivers twice the speed of competitive solutions while ensuring industry-leading prevention-first security.”

“Despite the tragic events in Israel over the past three weeks our global business has continued to operate as planned thanks to the commitment and dedication of our employees.  We introduced innovative new products, completed acquisitions, and continued to deliver the highest level of protection and service to our customers and partners. During this period, we’ve received incredible support from our employees, customers, partners, and the investment community. We truly appreciate you standing with us,” concluded Mr. Shwed.

Financial Highlights for the Third Quarter of 2023:

• Total Revenues: $596 million compared to $578 million in the third quarter of 2022, a 3 percent increase year over year.
• GAAP Operating Income: $226 million compared to $221 million in the third quarter of 2022, representing 38 percent of revenues in the third quarter of 2023 and 2022, respectively.
• Non-GAAP Operating Income: $269 million compared to $263 million in the third quarter of 2022, representing 45 percent of revenues in the third quarter of 2023 and 2022, respectively.
• GAAP Taxes on Income: $39 million compared to $49 million in the third quarter of 2022.
• GAAP Net Income: $205 million compared to $184 million in the third quarter of 2022.
• Non-GAAP Net Income: $242 million compared to $221 million in the third quarter of 2022.
• GAAP Earnings per Diluted share: $1.75 compared to $1.47 in the third quarter of 2022, a 19 percent increase year over year.
• Non-GAAP Earnings per Diluted share: $2.07 compared to $1.77 in the third quarter of 2022, a 17 percent increase year over year.
• Deferred Revenues: As of September 30, 2023, deferred revenues were $1,709 million compared to $1,647 million as of September 30, 2022, a 4 percent increase year over year.
• Cash Balances, Marketable Securities and Short-Term Deposits: $2,989 million as of September 30, 2023, compared to $3,570 million as of September 30, 2022.
• Cash Flow: During the quarter we acquired Perimeter 81, a pioneering Security Service Edge (SSE) company, and Atmosec, an early-stage SaaS security vendor, for $477 million net cash consideration. Cash flow from operations was $222 million, compared to $240 million in the third quarter of 2022.  The operating cash flow for the quarter included a cost of $22 million related to acquisitions.
• Share Repurchase Program: During the third quarter of 2023, we repurchased approximately 2.48 million shares at a total cost of approximately $325 million.