cloud technology 10 Oct 2023
Eka Software Solutions, a leading provider of cloud-based trading and risk management solutions for businesses, is honored to win the Commodities Technology House of the Year awarded by Energy Risk Asia Awards for the year 2023. Eka won this category for its technological innovation in the raw materials sector.
Commodities Technology House of the Year award highlights Eka's commitment to helping businesses unlock their true potential in the energy markets and harness the power of an energy trading and management platform Cloud-based Risk Management (ETRM or Energy Trading and Risk Management). Eka's mission is to put customer success and satisfaction at the forefront of all activities. Eka's cloud-based ETRM platform helps businesses gain real-time visibility, make data-driven decisions, and proactively manage risks.
“At Eka, we strive to provide our clients with cutting-edge trading and risk management solutions. Our significant investments in R&D have led to the development of a modern, cloud-based platform that offers customizable solutions to complex commodities and energy trading businesses. This award is an honor that justifies our efforts and our investment. We will continue to focus on improving the customer experience. » - Brian Quinn, Senior Vice President, Global Revenue
The Energy Risk Asia Awards recognize excellence in Asian commodity markets and provide a unique opportunity for companies in the industry to achieve valuable recognition.
automation 10 Oct 2023
Pudu Robotics, a global leader in the development, production, and sales of commercial service robots and China's No.1 ranking commercial service robot exporter, has shipped a cumulative number of nearly 70,000 units as of August 2023, according to the "China Service Robot Industry Research" (the "Report") published in October by EO Intelligence of EqualOcean. The global sales of Pudu Robotics mainly come from Japan, South Korea, the U.S., Germany, and etc. Covering more than 600 cities in 60 countries and regions, the brand has become one of the largest service robot manufacturers in the world.
EO Intelligence is the professional industry research and consulting service platform under EqualOcean with focuses on forward-looking technology research fields such as AI, big data, and mobile internet. The Report offers insight into the development trends of service robot industry, a sector that's on the rise with unlimited growth potential – the complementary capabilities of service robots and managing staff can effectively help companies optimize costs, while China's commercial service robot providers are laying out diverse scenarios with advantages in both technology and pricing.
The report points out that in the exploration of overseas markets, Chinese service robot manufacturers have begun to form different patterns from the perspective of global shipment volume. Manufacturers with a global shipment volume of less than 40,000 units are mostly in the startup stage. The companies are just beginning to take shape and are still unable to penetrate the entire industry chain. For manufacturers with a global shipment volume of 40,000 to 60,000 units, they are in the stage of rapid development. The company's supply chain system is beginning to take effect, and they have a rich product matrix, and the global market is also expanding rapidly. Manufacturers with a global shipment volume of more than 60,000 units are in the stage of leading the market. The companies possess industry-leading technology and have a complete system of research and development, production, sales, and services.
Leading the global industry with integrated advantages of R&D and customized solutions
Pudu Robotics has two main product lines of delivery robots and cleaning robots as the solid foundation, boasting a diverse portfolio that meets various needs. Its delivery robot BellaBot and cleaning robot PUDU CC1 have won recognition from global customers for excellent performance and user-friendly designs.
Successful products are built on technology and innovation. Pudu Robotics has invested heavily in R&D and independently developed four core components and tackled the full algorithm development for mobile robots, including PUDU OS, PUDU Open Platform, PUDU VSLAM+ and more.
Pudu Robotics offers comprehensive solutions to meet the needs of customers from different industries, it not only provides highly efficient service robot products, but also supports software and services that enable customers to achieve automated, intelligent operations. Its solutions are widely used in the industries of food and beverage, hospitality, healthcare, logistics and more.
"Going global is also about going local, we're not selling the standard products in the international market, but products, brand, and services that are closely related and inseparable from the local markets, accelerating service robot export has always been one of Pudu Robotics' key strategies, and by deeply cultivating the two main product lines of delivery and cleaning, we aim to fully satisfy the diversified needs of the market," said Felix Zhang, founder and CEO of Pudu Robotics.
The market size of commercial service robots has grown robustly in the past few years as a solution to the pain points of service industry. Looking ahead, Pudu Robotics will focus on customized services and scenario-based solutions to transform the business models, driven by technological innovation that continually adapts and expands application scope of service robots.
technology 10 Oct 2023
Relativity, a global legal technology company, today announced its Chief Security Officer, Marcin Święty has been named CISO of the Year in the 7th annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.
Święty, based in Krakow, Poland, manages Calder7, Relativity's in-house global security team, overseeing more than 50 cybersecurity, product security, and compliance and risk specialists to deliver the company's fully integrated security program. Thousands of organizations trust Relativity with their most sensitive data and under Święty's leadership, Calder7 continues to create a more secure world with a security-first mindset, educating customers and partners on how to guard against the latest cybersecurity threats, while providing industry-leading security tools and intelligence.
"I am humbled by this recognition, which was made possible by the privilege of working with my incredible Calder7 team. The award serves as a reminder of the value of security processes and best practices that help our organization, partners and customers protect the most sensitive and important data in the world," said Święty. "Together with Calder7 and the entire Relativity organization, I look forward to continuing to redefine organizational security within our company while also providing best-in-class security for our customers."
"Under Marcin, Relativity is continuing to advance Calder7's mission to become an enablement function within their business, influencing company culture and attitude around security," said Steve Johansson, managing director, CyberSecurity Breakthrough. "Blending innovation and new approaches to the security landscape with a deeper approach than most is what makes Marcin Święty our 2023 CISO of the Year!"
Given the sensitive nature of legal work, the legal sector is particularly vulnerable to cyber attacks, heightening the importance of having a robust security program with forward-thinking leadership. In a recent report, security breaches, data loss, hacking, and ransomware were rated as high risks by 42% of law firm business leaders.
Święty and his team have worked to help address security pain points facing the legal industry with the successful rollouts of programs such as RelativityOne Security Center and the free-to-use Relativity Threat Intel Feed. RelativityOne Security Center provides RelativityOne customers with a single place to act upon their most pressing security concerns through heightened transparency and easy to act upon security alerts. Relativity's Threat Intel Feed provides interested users with a free-to-use API plug-in that provides greater visibility into the current and future facing threats potentially impacting their organizations.
Relativity also recently launched new AI-powered solutions to solve for personal information detection and data breach response challenges in the legal industry. Relativity Personal Information Detect improves the accuracy of personal information identification to better protect customers' most sensitive or confidential information. Relativity Data Breach Response empowers users to easily assess a data breach's impact and build notification lists with confidence. This will transform how organizations identify and respond to data breaches, ensuring timely notifications are sent to maintain organizational credibility.
customer experience management 10 Oct 2023
Couchbase, Inc., the cloud database platform company, today announced its recognition as one of the highest-rated cloud computing companies to work for, in the sixth-ever list released by Battery Ventures, the global, technology-focused investment firm, created with data provided by Glassdoor.* The distinction placed Couchbase at number nine out of 25 companies with an overall company ranking of 4.45, compared to the broader average ranking across Glassdoor of 3.7.
The list recognizes the top 25 public and top 25 private companies — all business-to-business (B2B), cloud-computing companies — where employees self-report the highest levels of satisfaction at work, according to feedback shared on Glassdoor, a provider of insights about jobs and companies.
"Couchbase is a values-driven organization that strives to make tomorrow better than today for customers, partners and each other. Our values also include being a great human with integrity, attacking hard problems and playing to win together while also serving our families," said Fidelma Butler, chief people officer at Couchbase. "Couchbase's mission is to simplify how organizations develop, deploy and run modern applications wherever they are, and it is our world-class team who enable that. We are honored to be named one of the highest-rated cloud computing companies to work for and deeply appreciate the many contributions by our dedicated team who make Couchbase a terrific place to work."
Couchbase is committed to building and supporting an engaged, diverse and inclusive global team. Additional recent workplace awards Couchbase has been honored with include UK's Best Workplaces in Tech 2022 and Fortune's Best Workplaces in the Bay Area 2022.
"The companies on this year's Highest-Rated Cloud-Computing Companies To Work For list have managed to create and preserve stellar corporate cultures during a very tumultuous time in the technology markets — and also as traditional workplace norms, like working in the office, have dramatically shifted post-COVID," said Neeraj Agrawal, a cloud-computing investor and Battery general partner. "Cultivating employee happiness and satisfaction is more challenging than ever, so we commend this year's winners for their efforts."
"Company culture is pivotal for attracting elite talent and sustaining a competitive edge in the marketplace, and its significance becomes even more pronounced in challenging economic times. We hope that all companies featured on this list will take pride in this well-deserved recognition," added Brandon Gleklen, a Battery principal.
To qualify for the 2023 list, a cloud company must have received at least 30 company reviews on Glassdoor between July 1, 2022 and June 30, 2023. The public company report tracks public cloud companies with a B2B business model that are listed on a U.S.-based stock exchange and have at least $500 million in total enterprise value as of the end of Q2 2023, according to CapIQ.
technology 10 Oct 2023
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 company won the 2023 CyberSecurity Breakthrough Awards for "Automotive Cybersecurity Solution of the Year."
NetRise has been recognized in the seventh annual CyberSecurity Breakthrough Awards program as the best in the industry for excellence and innovation. NetRise received this award for its next-generation firmware and IoT security platform, which empowers organizations to identify risks in the software components running on devices. Produced by market intelligence organization CyberSecurity Breakthrough, this annual award performs the most comprehensive evaluation of cybersecurity companies and solutions today. It recognizes the best products, solutions, and companies within the crowded information security marketplace.
As the number of IoT devices continues to increase at an exponential rate, all too often, security considerations are an afterthought in development. For instance, a connected vehicle can have 50 embedded systems manufactured by dozens of third-party vendors and contain third-party components and code dependencies, which leads to a supply chain with unknown and unaddressed vulnerabilities. NetRise supports the automotive industry by enabling organizations to understand what is in their devices and the entire software supply chain to identify risks and vulnerabilities.
Seeking to solve the world's XIoT security problem, NetRise is the first platform to provide comprehensive insight into shared vulnerabilities across all firmware images in an organization. The NetRise Platform undertakes continuous analysis as more data is added, making the platform more efficient over time. A cloud-based SaaS solution, it reduces the time and cost of firmware security programs so that organizations can quickly find and remediate previously undetected issues by providing and enabling:
"We are honored to receive this recognition from the CyberSecurity Breakthrough Awards, which further solidifies our commitment to providing customers with cutting-edge technologies so they can quickly find vulnerabilities in their environments," said Thomas Pace, CEO of NetRise. "Our automated platform provides users across industries and verticals with much-needed visibility into the 'black boxes' of XIoT devices and truly represents a breakthrough solution for the automotive industry. We look forward to continuing our mission of delivering groundbreaking cybersecurity solutions so that organizations can protect themselves from firmware-based attacks and threats."
CyberSecurity Breakthrough Awards recognizes the world's best information security companies, products, and people in a range of categories, including Security-as-a-Service, Managed Security, Cloud Security, Security Information and Event Management, Threat Intelligence, Behavior Analytics, Unified Threat Management, Web Security, Messaging and Email Security, Encryption, and more. This year's program attracted thousands of nominations from many different countries worldwide.
security 10 Oct 2023
OTORIO, the leading provider of OT cyber risk management solutions, today announced that it has been named "Policy Management Solution Provider of the Year" in the 7th annual CyberSecurity Breakthrough Awards program. The award was granted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.
The breakthrough OTORIO RAM² platform protects industrial control systems (ICS) and cyber-physical systems (CPS) with robust security controls that continuously assess cyber risks and actionable playbooks to guide mitigation efforts. By conducting in-depth security posture assessments, the platform ensures that alerts affecting critical assets appear at the top of the priority list.
"We're thrilled to be recognized by CyberSecurity Breakthrough as the 'Policy Management Solution Provider of the Year,'" said Daniel Bren, co-founder and CEO of OTORIO. "By utilizing RAM²'s risk assessment and management capabilities, organizations can save time and resources, and eliminate stress. Our proactive approach ensures operational resilience, preventing downtime and financial losses through effective risk management."
OTORIO offers significant business value by improving operational efficiency and reliability. Demonstrating policy compliance with stringent OT security regulations and standards helps organizations avoid penalties and fines, contributing to a more secure and compliant operational landscape. OTORIO's solution improves preparedness for the NIS2 Directive, IEC 62443, NERC CIP, NIST and other regulations safely, efficiently, and effectively with out-of-the-box asset and site-level compliance assessment.
The platform's Attack Graph Analysis technology, with its powerful Cyber Digital Twin model, enables organizations to gain dynamic visual network topology and advanced risk assessment capabilities. The Attack Graph Analysis makes it simple to navigate between assets, vulnerabilities, connections, and the influence of security controls. Users can then prioritize and address risks effectively with a special focus on critical mitigation actions.
"RAM² is a comprehensive OT cyber risk management solution that offers a wide range of protection for operational networks all aimed at ensuring safety by eliminating vulnerabilities and risks," said Steve Johansson, managing director, CyberSecurity Breakthrough. "Congratulations to OTORIO who are going beyond security, offering significant value by improving operational efficiency and reliability. RAM² empowers organizations to transcend legacy OT security approaches by establishing a unified, enterprise-wide strategy for a safer and more reliable environment."
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year's program attracted thousands of nominations from over 20 different countries throughout the world.
OTORIO has recently been granted a patent from the USPTO for its risk management model and attack graph analysis algorithm, reinforcing its position as a true pioneer in the OT security market.
automation 10 Oct 2023
Velostics, Inc., a software-as-a-service (SaaS) company specializing in unified scheduling, has announced it raised $1.95 million in a seed+ round to expand its platform and reach even further with shippers across the supply chain. The company defines unified scheduling as the orchestration of inbound and outbound truck scheduling for shippers across their supply chain from vendors to end customers.
Unified scheduling is important as research shows manual scheduling costs brokers up to $15 per shipment and shippers up to $50,000 per facility due to detention costs, labor inefficiencies, and increased freight costs. There are 800 million shipments nationwide – most are scheduled manually.
Gaurav Khandelwal, Founder and CEO of Velostics said: "Scheduling is a major headache for all parties focused on reducing cost and delivering on high customer expectations - our solution is designed to go live in 1 day with no apps required". He further added they are excited about partnering with carriers, brokers and freight forwarders providing them unified inbound/outbound scheduling from manufacturing floor to distribution center through final warehouse for all parties involved.
Mark Barineau, Co-Founder and Managing Partner at Starboard Star Venture Capital said: "We are delighted with the continued success Velostics has shown in terms of growth and the impact it is having on its existing client base".
The round was led by current investors Starboard Star with participation from Flyover Capital, Small Ventures USA and new investor Capital Mazapil. Velostics will use these funds to grow their network of shippers and their brokers, freight forwarders and 3PL providers.
Keith Molzer, founding partner at Flyover Capital added, "At a time where costs are increasing, Velostics has a proven solution that brings real cost savings and more importantly, increased capacity to manufacturing facilities, warehouses and fuel terminals."
technology 10 Oct 2023
Dell Technologies will announce updates to its long-term financial framework during its Securities Analyst Meeting taking place today at 8:30 a.m. CT/9:30 a.m. ET, including an increase to the company's share repurchase authorization, an increase to its annual capital return target and its commitment to grow the dividend1. Speakers will include Chairman and Chief Executive Officer Michael Dell and other members of the executive leadership team, with time allotted for Q&A.
Dell will announce its updated long-term value creation framework, which includes compounded annual revenue growth of 3%-4% and an increase to its non-GAAP diluted earnings per share target of 8% annual growth or better over the long term. The company expects net income to adjusted free cash flow conversion of 100% or better, and to return more than 80% of adjusted free cash flow to shareholders through a combination of share repurchases and dividends.
"We are incredibly well positioned for this next wave of technology expansion, growth and progress," said Michael Dell, chairman and chief executive officer, Dell Technologies. "Whether it's workplace solutions, multicloud, intelligence at the edge, or AI and now GenAI – all of it takes a whole lot of what we offer. And with leading positions in so many areas, we have even greater conviction in our ability to deliver sustained value creation for all shareholders for years to come."
In addition, Dell will increase its existing share repurchase authorization by $5 billion, adding to the remaining authorization of the current $5 billion plan, and expects to grow its quarterly dividend 10% or more annually through fiscal 2028.
"We have a unique operating model, generating $42 billion in cash flow from operations over the last five years," said Yvonne McGill, chief financial officer, Dell Technologies. "Looking forward, we can achieve consistent GDP+ revenue growth over time by leveraging our strengths to extend our leadership positions and capture new growth opportunities."
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