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Author: Deborah Schalm

  • BMC Research Finds Global Organizations Operate at Less Than 40 Percent of Their Digital Potential

    New data highlights increases in technology investments to support Adaptive Cybersecurity over the next two years

    HOUSTON, March 4, 2021 /PRNewswire/ — BMC, a global leader in software solutions for the Autonomous Digital Enterprise, today announced the full results of its global survey for enterprise IT, “The Autonomous Digital Enterprise: A Strategic Approach to Measuring and Improving Digital Competitiveness” and availability of the Autonomous Digital Enterprise (ADE) Index interactive tool. The ADE Index tool is designed to help an enterprise measure its digital competitiveness and identify areas of opportunity, with a documented framework for future success.

    BMC commissioned 451 Research, an S&P Global company, to assess the market perception and state of preparedness needed to navigate an era of intelligence, automation, and autonomy to ultimately become an ADE. Conducted in late 2020, the survey sourced insights from 1,200 business and IT decision-makers across more than 20 industries and 11 countries, and in organizations that had at least 500 employees with annual revenue over $100 million.

    High-level insights include:

    • Global enterprises currently practice about two-fifths of what is needed to function as an ADE. Although all operating models and technology tenets of an ADE are currently practiced by the surveyed organizations, the top three enterprise focus areas draw the majority of the investment and include becoming a Data-Driven Business, Optimized Technology Buying, and Digital Business Domains.
    • The Global ADE Index is projected to increase from 39.3% to 46.1% over the next two years indicating a recognition from companies around the world to invest more heavily in enterprise technology solutions that increase digital competitiveness.
    • Looking forward two years, the top enterprise focus areas continue to include Data-Driven Business with an added focus on Adaptive Cybersecurity and a Transcendent Customer Experience. Tech-Savvy Corporate Functions was a close fourth demonstrating that human and digital skills need to align rapidly.
    • Latin America (LATAM) respondents reported a projected ADE Index score increase to 52% in two years – the biggest jump across all regions – signifying a strong willingness to make investments in technology and process to become an ADE.

    Assessing digital maturity to run and reinvent
    An ADE is the future state of business, one that comprises intelligent, interconnected, technology-enabled, value-creating systems that minimizes manual effort to capitalize on human creativity, skills, and intellect across the enterprise. The ADE Index tool gives organizations a way of measuring their own digital maturity and sophistication against the original cohort of respondents and opens the dialogue on how to improve digital competitiveness across the ADE operating model and technology tenets.

    “The ADE Index developed from this research comes at a pivotal moment for the global enterprise landscape, as attaining operational excellence through automated technologies is an immediate necessity,” said Carl Lehmann, Senior Research Analyst at 451 Research. “This research shows that areas like security are an investment priority and the ability to measure oneself against peers can be advantageous to an enterprise’s deliberate integration of what’s needed to adapt and compete.”

    “2020 forced nearly every enterprise worldwide to accelerate their digital transformation efforts, and as they hit the reset button on priorities, budgets, and timelines organization-wide, we all know that being digitally competitive is now mandatory,” said Ram Chakravarti, Chief Technology Officer at BMC. “This research illustrates that companies are just scratching the surface of their potential as an ADE. Coupled with our ADE Index tool, we’re excited to share a practical way for an enterprise to assess where they are in their ADE journey, and to ultimately help them create a clear path forward to thrive and compete well into the future.”

    Resources:

    • For a quick overview of high-level insights, visit here
    • For full survey findings, download the full report here
    • To utilize the interactive ADE Index tool, visit here
    • Discover what it takes to be an Autonomous Digital Enterprise www.bmc.com/ade

    About BMC
    From core to cloud to edge, BMC delivers the software and services that enable over 10,000 global customers, including 84% of the Forbes Global 100, to thrive in their ongoing evolution to an Autonomous Digital Enterprise.

    BMC, BMC Software, the BMC logo, and other BMC marks are the exclusive properties of BMC Software, Inc. and are registered or may be registered with the U.S. Patent and Trademark Office or in other countries. ©Copyright 2021 BMC Software, Inc.

     

  • Sun Capital Partners Affiliate Acquires Exadel, a Founder-Owned Software Development Leader Focused on Digital Transformation

    Walnut Creek, CA— March 4, 2021 – Exadel, Inc. (www.exadel.com ), a global provider of digital software engineering solutions and services, announced today that Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm has completed an acquisition of the company. Terms of the private transaction were not disclosed.

    Sun Capital Partners, Inc. is a global private equity firm focused on partnering with outstanding management teams and recognized for its operational experience. Since 1995, Sun Capital has invested in more than 420 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. The firm has built a reputation as a trusted partner to growing businesses the Business Services, Consumer, Healthcare, Industrial, and Technology sectors.

    “It was critical for us to work with a firm that has deep expertise in supporting and growing founder-owned businesses through both strategic acquisitions and operational improvements, and Sun Capital emerged as the clear choice,” said Fima Katz, Founder, President and CEO of Exadel. “With the resources and operational experience Sun Capital brings to Exadel, we are well-positioned to continue to advance our capabilities and expand to serve a growing global market.”

    “Sun Capital has invested in technology and technology-enabled services businesses over our history, and we are very excited that Exadel is our first tech platform investment since we formalized our focus on the technology vertical and formed a dedicated team,” said Marc Leder, Co-Chief Executive Officer of Sun Capital. “We look forward to leveraging our experience in building founder-owned businesses to accelerate Exadel’s growth.”

    Exadel is well-positioned to seize the significant opportunities created by the digital transformation demand that is accelerating at 18-20 percent annually as companies seek better engineering talent to deliver more cost effective, higher quality solutions.

    “Sun Capital is excited to work with Fima and the talented team at Exadel to support their continued growth and provide capital for the Company to acquire other businesses and additional talent to serve clients in this fragmented space,” added Elizabeth de Saint-Aignan, Managing Director, who leads the technology vertical at Sun Capital. “In addition, we will look to drive growth by applying the Sun Transformation System to enhance operations and bring Exadel’s solutions to the increasing number of companies pursuing digital transformation.”

    About Sun Capital Partners, Inc.
    Sun Capital Partners, Inc. is a global private equity firm focused on partnering with outstanding management teams to accelerate value creation. Since 1995, Sun Capital has invested in more than 420 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. The Firm has built a reputation as a trusted partner, recognized for its operational experience. Sun Capital focuses on defensible businesses in growing markets with tangible performance improvement opportunities in the Business Services, Consumer, Healthcare, Industrial, and Technology sectors. The Firm has offices in Boca Raton, Los Angeles and New York, and an affiliate with offices in London. For more information, please visit www.suncappart.com

    About Exadel

    Exadel is an enterprise software development company that supports organizations at any stage of their digital transformation journey. For more than twenty years the company has helped organizations redefine the way they do business by developing their core products and platforms and facilitating transition to the cloud. Exadel has a long history of developing its own products, platforms, and open-source solutions that accelerate the services it provides and add value to customers. A Forrester-recognized market leader in distributed Agile, the company has a long track record of partnering with the largest brands across most industries. For more information on Exadel services and areas of expertise visit https://exadel.com/ and follow us on LinkedIn and Twitter @exadel.

  • Skuid Enters Next Phase of Growth with New CEO

    Skuid hires experienced SaaS leader Ryan Niemann as CEO to scale its mission to humanize enterprise software 

    Chattanooga, Tenn. – March 4, 2021 – Skuid, a leading toolkit to accelerate custom Salesforce app design, development and adoption, today announced that it hired Ryan Niemann, former CEO of Cirrus Insight, as CEO to help drive the growth of the company and execute its mission. Skuid founder and former CEO Ken McElrath will transition to a new chief strategy officer role.

    “Our mission at Skuid is to humanize enterprise software. This leadership expansion and transition will help us accelerate app adoption, innovation and agility across even more organizations around the world,” said Ken McElrath, founder and chief strategy officer. “I could not be more stoked for Ryan to join the team, because he brings a broad set of skills and experiences that will make a significant, positive impact for our employees, customers and shareholders. Ryan is extremely qualified to step into the CEO role at Skuid, and I look forward to supporting him in my new role as chief strategy officer.”

    McElrath will work closely with Niemann and will continue to play an integral role in the strategic direction and growth of Skuid. In his new role, Ken will continue to lead the R&D teams, including product, software engineering, and technology operations. His work will focus on product innovation, leading new long-term initiatives, and exploring additional growth strategies for the company.

    According to recent Gartner research, the low-code development market is projected to total $13.8 billion in 2021, an increase of 22.6% from 2020. The need for companies to stay agile and digitize critical business operations has grown as a result of an increasingly remote and fragmented workforce. Low-and no-code capabilities that support remote work functions, such as digital forms, workflow automation, and digital portals and communities, are and will continue to be in high demand. As this surge continues, this leadership transition will position Skuid for rapid growth.

    The recent growth of Skuid has demonstrated the reality of these market trends as evidenced by a very strong fourth quarter of 2020 followed quickly by several great new customer additions so far in the first quarter of 2021. In the past year, the company has expanded its go-to-market teams, hired a best-in-class leadership team, including a new chief revenue officer, chief financial officer, chief customer officer, VP of marketing, and a new executive chairman of its board of directors. Skuid had a major product release in Q3 of last year and will continue working on its aggressive product roadmap, with a sizable new release due later this quarter.

    “Our customers need agile business systems to innovate and grow in an increasingly complex business, technology and economic environment. I am excited to lead an exceptional team of experts and amplify the customer-focused strategies already put in place,” said Ryan Niemann, CEO of Skuid. “I am honored to take a founder-led company to the next stage of growth.”

    Under Niemann’s leadership, Skuid will have even more capacity to accelerate growth and stay customer-focused. Niemann has deep experience in B2B SaaS leadership, CRM productivity, inorganic growth, and leading companies in the growth-stage. Niemann joins Skuid from Cirrus Insight, one of the largest Salesforce independent software vendors, where he oversaw a merger with Zynbit in August of 2020. He has worked extensively with global systems integrators and partners and is deeply familiar with the Salesforce ecosystem. Niemann’s immediate and ongoing focus will be accelerating the growth of the company to drive value for Skuid customers.

    “We are delighted to welcome Ryan as our next CEO,” said Dan Dal Degan, executive chairman at Skuid. “Our results from 2020 prove that Skuid is solving real problems for customers and that it’s time to scale. Expanding our strong leadership team to drive this opportunity forward with haste will help us capitalize on this momentum. Ryan has a demonstrated record of success, the experience needed to help us scale, and matches our cultural values perfectly.”

    About Skuid

    Generic applications rarely match the unique needs of your people, which kills adoption, productivity and ROI. Admins and developers dramatically increase app adoption and innovation with low-code, Lightning-native tools from Skuid. Thousands of builders have used Skuid to create custom digital experiences for millions of users across dozens of countries, dramatically increasing adoption and innovation—up to 10 times faster.  Discover the #1 toolkit to accelerate custom Salesforce app design, development and adoption at skuid.com.

     

  • Siren 11.1: 4x Faster Link Analysis, Auditing, Search and now Compatible with Elastic Cloud

    GALWAY, IRELAND, March 4, 2021 – Siren, a leading provider of Investigative Intelligence analytics, today announced the release of Siren 11.1. The latest version of Siren focuses on ease of use and control, with new functionality simplifying many day-to-day tasks for the analyst and business user. Usability has been addressed with the addition of a new Search UI which is also compatible with mobile devices. In terms of organizational control, a new deep audit feature is available as well as support for end user certificate security. Finally, Siren announces that the platform can now be deployed on top of Elastic Cloud Enterprise (ECE) and Elastic Cloud Service.

    Dr. Giovanni Tummarello, Founder and Chief Product Officer, at Siren, said: “In version 11.1 we are introducing features high up on customer request lists such as deep Auditing, Elastic Cloud and ECE compatibility and the Siren Search interface. At the same time, we are paving the way for future versions with a complete rewrite of the Link analysis stack – which is now over 4x faster on average.”

    Key Features of 11.1

    Audit
    The Siren Investigate session audit feature allows you to log and perform internal audits on sessional user data. In 11.1 this feature is now more business friendly, making it easier to access, read and understand user behaviour at a much higher level than existing audit logs. Also, 11.1 introduces the ability to know if an analyst was ever shown a specific bit of information.

    Siren “Search” interface
    The Siren platform provides full-text search with support for misspellings, phonetics, relevance ranking, and highlighting. 11.1 introduces a new optional “search first” experience targeting users who need quick access to data in a simple format, on their web, phone, or tablet. Starting from a simple search string, users get simplified access to records and can discover and explore other connected entities coherently to what is visible in the main Siren Investigate environment.

    New Link analysis engine: 4 to 8 times faster
    Investigators need link analysis to see and explore connections between records. Siren’s built-in link analysis allows the exploration of every record. This core capability has been rewritten in Siren 11.1 and now performs 4 to 8 times faster across most functionality from user driven node expansions to graph algorithms such as shortest paths. Also, a new graphic toolbar offers easier accessibility and new layout functions.

    ECE & Elastic Cloud Support
    11.1 introduces support for running on top of the Elastic.co partner product “Elastic Cloud” and “Elastic Cloud Enterprise”.  This is made possible by the latest version of “Federate” – a Siren Elasticsearch plugin which offer real time data joins and other capabilities – which can now be successfully uploaded and installed on Elastic Cloud and ECE.

    User Certificate Support
    Easier support for end user certificates.

    # # # #

    About Siren.io

    Siren provides the leading Investigative Intelligence platform to some of the world’s largest and most complex organizations for Investigative Intelligence on their data. Rooted in academic R&D in information retrieval, distributed computing and knowledge representation, the Siren platform provides integrated investigative intelligence combining previously disconnected capability of search, business intelligence, link analysis and big data operational logging and alerting.

    Among Siren awards are Technology Innovation of the Year and the Irish Startup of the Year (Ireland’s National Tech Excellence awards). In 2020, Siren was named as a Gartner Cool Vendor in an Analytics and Data Science Report. For more information, visit www.siren.io.

  • Value Stream Management Consortium Formed to Help Organizations Worldwide Deliver Customer Value Through the Adoption and Advancement of Value Stream Management

    Consortium Brings Together Vendors and Practitioners to Drive Value Stream Management Standards and Innovation Through Leadership and Community

     

    DENVER, March 3, 2021 – Leaders of the software development industry today announced the formation of the Value Stream Management Consortium (VSMC). Founded by leading technology providers, Digital.ai, HCL Software, Plutora, ServiceNow, and Tasktop, the VSMC charter is to help organizations around the world improve performance and drive customer value through the adoption of value stream management (VSM). 

    Still in its infancy, the purpose of VSM is to delight customers by delivering software products that provide and create value for them. VSM achieves this through a comprehensive software lifecycle orchestration process that provides value stream managers, release managers, DevOps managers, product managers, and leadership with the data, visibility, and problem-solving tools necessary to continuously improve software development and delivery. 

    “At this stage in the development of value stream management it’s important that we create and foster a community of experts to further VSM practices, innovation, and adoption,” said Helen Beal, Chair of the Value Stream Management Consortium. “By creating this community, we will increase and accelerate the use of VSM, while developing and instilling best practices and standards. And, ultimately, just like the practice of VSM itself, we will help deliver the utmost value to industry practitioners.”

    About The Consortium

    The consortium will serve as a central hub of information and education pertaining to the practice and adoption of value stream management. Ongoing research will inform how organizations measure value and become higher performing as a result. Training and certifications will support member collaboration worldwide and help make VSM the industry standard way of working.

    The Consortium’s inaugural research offering will be the `The State of Value Stream Management Report’ which will measure how teams are applying value stream management principles, practices, and metrics to influence their value stream management outcomes. The survey will be launched today, and its findings will be available in early May.

    The Board of Directors is comprised of Chair, Helen Beal and representatives from the founding companies, including Richard Knaster, Chief Scientist, Value Stream Management at Digital.ai; Brian Muskoff, Director of Product Management and Development at HCL Software; Jeff Keyes, VP of Product at Plutora; Rohit Jainendra, VP and GM for ITBM and DevOps, at ServiceNow; and Neelan Choksi, President and COO at Tasktop. Advisors to the Board of Directors include Alistair Watkins, Bryan Finster; and Steve Pereira.

    The VSMC is a professional membership association open to all. Members will receive the latest updates and unique learning opportunities evolving out of the growing VSM ecosystem, as well as participation in a fast-growing community of peers. 

    Become a member.  Visit the website. 

    Contribute to the State of Value Stream Management research. Complete the survey.

    Find out more about the Value Stream Management Consortium at the launch webinar on March 8th.  Register here.

    Comments from the Board of Directors

    “Lean enterprises perform better and deliver value more reliably, faster, and with higher quality and lower cost. They do this by applying value stream management to maximize flow, accelerate innovation, and improve value delivery efficiency and effectiveness, said Richard Knaster, Chief Scientist, Value Stream Management at Digital.ai. “Put simply, you need to go from managing projects to guiding long-lived value streams that focus on creating business outcomes vs. outputs. The VSMC will help organizations reach the next level in their Lean, Agile and DevOps practices to accelerate digital transformation and enable continuous delivery of customer value.”

    “Software delivery is prime to make another leap and the timing of the Value Stream Management Consortium could not be better. We are excited to be part of this organization as the industry starts to put VSM theories into practice to improve productivity, business results and quality of work life for tech teams across the world,” said Brian Muskoff, Director of Product Management and Development, HCL DevOps. “Over the last decade, I’ve worked with a wide variety of industries and organization types – big and small – to help deliver their DevOps initiatives, and one thing stands out in all of those discussions; value stream management is the practice that will advance DevOps into its next phase. With so many different applications and ways that organizations can take advantage of value stream management, I am eager to see what shape the VSM market takes, and how we at the VSMC can help.”

      

    “Guiding any organization through a digital transformation journey is a daunting task and can feel like you’re being pulled in a million directions,” said Jeff Keyes, VP of product, Plutora. “Working with the VSMC and emphasizing the importance of the tools we provide to a wider market will only help me with my most important task at hand, delivering value to our customers. The customer is key, and value stream management is how software development teams are able to consistently meet their evolving needs.”

    “Maximizing value from software investments is critical for businesses in order to deliver great experiences for their customers and employees,” said RJ Jainendra, VP and GM for ITBM and DevOps, ServiceNow. “By partnering with the VSMC, ServiceNow is furthering the adoption of VSM to improve end-to-end value delivery processes, ultimately assisting organizations with driving impactful digital transformations.”

    “Every CIO of a large, traditional company thrust into digital transformation shares the same struggle: quantifying and optimizing the value of their investments. Technical metrics, proxy metrics, simply do not translate to business outcomes. The industry requires a common language, standardized measurements and unified tools or many costly digital transformation efforts will fail,” said Neelan Choksi, President and COO at Tasktop. “Value Stream Management (VSM) transforms software delivery from the top, giving CIOs insights needed to adapt to market dynamics and optimize based on business outcomes, rather than process, while also providing actionable information for the IT teams doing the work. The VSMC will help to set and accelerate these standards, propelling enterprises into a future of innovation, without friction.”

    About the Value Stream Management Consortium

    The Value Stream Management Consortium is the world’s leading organization creating, curating, and collaborating on research about the frameworks and principles of Value Stream Management. The VSMC delivers guidance around leveraging the best of Lean, Agile, DevOps, Systems Thinking, and beyond combined with world class technical solutions, integrations, and automation to accelerate the performance of organizations across the globe. For more information visit the Value Stream Management Consortium website at www.vsmconsortium.org. 

  • Clearlake and TA Associates to Acquire Data Integrity Software Leader Precisely

    New Investment from Clearlake and TA Backing Precisely to Accelerate Growth, Fuel Product Innovation and Further Bolster Successful M&A Strategy

    Precisely (“Precisely” or the “Company”), the global leader in data integrity, today announced it has signed a definitive agreement for Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates to acquire the Company. Josh Rogers, CEO of Precisely, will continue to lead the Company supported by the existing management team. Upon closing of the transaction, Clearlake and TA Associates will become majority shareholders in Precisely. Centerbridge Partners, the current majority shareholder in Precisely, will retain a minority equity stake. Terms of the transaction were not disclosed.

     

    “With global spending on digital transformation expected to reach $2.3 trillion by 2023 1, Precisely is well positioned to generate rapid growth. Organizations around the world are increasingly focused on their ability to make confident business decisions from a foundation of trusted data, with maximum accuracy, consistency and context. This creates a unique opportunity for Precisely to be their provider of choice,” said Josh Rogers, CEO of Precisely. “Clearlake and TA Associates have experience partnering with software companies like Precisely that solve complex, critical business challenges and driving accelerated growth through operational best practices and M&A strategies to help them maximize their potential. I am excited to begin this next phase in the Company’s evolution with our long-time partners at Clearlake and am thrilled to welcome TA and their expertise to the team. I also want to thank Centerbridge Partners for their guidance and support over these past four years, and I am delighted they will continue as a minority investor in Precisely.”

    The history between Clearlake and Precisely dates back to 2015 when Clearlake acquired Syncsort (the predecessor company to Precisely), a specialized provider of data integration products. In 2016, Syncsort acquired Trillium Software to expand its portfolio with leading data quality software, and Clearlake acquired Vision Solutions, a leading provider in data availability software solutions for IBM Power Systems. In 2017, Clearlake sold Syncsort and Vision Solutions to Centerbridge Partners in a transaction that combined the two companies to increase scale and extend leading data management capabilities, and Clearlake maintained a minority equity stake in the Company. In December 2019, the Company completed its acquisition of the software and data business from Pitney Bowes, adding leading location intelligence and data enrichment capabilities that cemented Precisely as the global leader in Data Integrity.

    For more information, read blog post from Precisely CEO Josh Rogers

    “Precisely has evolved significantly over the last several years by expanding its product offerings and establishing a differentiated sales strategy to provide a data management software suite that directly addresses the complex data quality challenges facing enterprises today and going forward,” said Behdad Eghbali, Founder and Managing Partner, and Prashant Mehrotra, Partner, of Clearlake. “Now with significant scale, Precisely is strategically positioned in the market as a buy-and-build platform and industry consolidator, and we’re thrilled to partner again with Josh utilizing our O.P.S.® framework to support the leadership team to help Precisely accelerate growth organically and through M&A.”

    “We are thrilled to partner with Josh, Clearlake and Centerbridge, and to invest in Precisely as the Company hits a key inflection point in its growth trajectory,” said Harry Taylor, a Managing Director at TA Associates and Michael Libert, a Principal at TA Associates. “We believe Precisely is uniquely positioned to meet enterprise customers’ urgent need for secure, trusted, accurate and reliable data both on-premises and in the cloud as they rapidly adopt data integrity software solutions to help support mission-critical business use cases across increasingly disparate data repositories.”

    “During Centerbridge’s partnership with Josh and his leadership team over nearly four years, Precisely has expanded its focus from IBM Mainframe and Power Systems to become a leading provider in data integrity across all sources of data with a broader suite of products,” said Jared Hendricks, Senior Managing Director at Centerbridge and Chris Litchford, Managing Director at Centerbridge. “With enhanced strategic positioning and through our continued ownership in Precisely, we look forward to the Company’s continued success as the team gears up for the next phase of growth.”

    The transaction is expected to close in the second quarter of 2021 pending customary regulatory approvals and closing conditions.

    UBS acted as lead financial advisor to Precisely. Goldman Sachs and Jefferies also acted as joint financial advisors to the Company. Evercore, BofA Securities, Barclays and JP Morgan acted as financial advisors to Clearlake and TA Associates. JP Morgan, BofA Securities, Barclays, Credit Suisse, Goldman Sachs, Jefferies and Morgan Stanley are arranging the debt financing for the acquisition.

    1. IDC, “Worldwide Spending on Digital Transformation Will Reach $2.3 Trillion in 2023,
    More Than Half of All ICT Spending, According to a New IDC Spending Guide,” Oct 2019

    About Precisely
    Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100. Precisely’s data integration, data quality, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.

    About Centerbridge Partners
    Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines—from private equity to credit and related strategies, and real estate—in an effort to find the most attractive opportunities for our investors and business partners. The Firm was founded in 2005 and as of January 31, 2021 has approximately $28 billion in capital under management with offices in New York and London. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies to help companies achieve their operating and financial objectives. For more information, please visit www.centerbridge.com.

    About Clearlake
    Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials and consumer. Clearlake currently has approximately $30 billion of assets under management and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.

    About TA Associates
    TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $2 billion per year. The firm’s more than 85 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com.

  • Zerto Customers Continue Expansion of Data Protection and Disaster Recovery-to-Cloud Technology in 2H 2020

    Zerto Doubles Global Healthcare Business with New Customer Acquisitions; Doubles Global Footprint in Public Sector, Quadruples Footprint in EMEA Public Sector

    Boston – March 3, 2021 – Zerto, an industry leader in cloud data management and protection, announced positive growth and cloud technology trends among its customer base for the second half of 2020. Across 13 industries, Zerto’s customers continued their expansion of data protection (DP) and disaster recovery (DR)-to-cloud technology with the adoption of Microsoft Azure, Google Cloud, AWS, and IBM Cloud. 

    Global Footprint Grows 

    In the global healthcare industry, Zerto expanded its customer base by 100 percent and doubled its global healthcare business in the second half of 2020. Additionally, Zerto experienced a 100 percent increase in size of customer project implementation in the global public sector. In EMEA specifically, Zerto experienced a 300 percent spike in the size of project implementations in the public sector. 

    Additional key growth highlights include: 

    • New customers in the computers and electronics industry increased by 85 percent.

    • New customers in the business and consulting industry also increased by 300 percent. 

    • New customers in the federal government, business, and consulting services industries increased by more than 40 percent.

    • New customers across the manufacturing, software, internet, and telecommunications industries increased by more than 10 percent.

    • The average project implementation size increased by 200 percent in the legal industry. 

    Innovation in the Cloud

    Zerto customers continued to expand their DP and DR-to-cloud adoption with public cloud providers that included AWS, Azure, IBM Cloud, and Google Cloud. Zerto announced a key cloud partnership with Google in 2H 2020 and added new cloud advancements such as VMware on public cloud DR and DP for Microsoft Azure VMware Solution, Google Cloud VMware Engine, and the Oracle Cloud VMware Solution. Key highlights include:

    • Zerto increased its footprint for DR-to-cloud engagements by nearly 100 percent.

    • Zerto was also recognized for its innovation in the cloud through numerous accolades that included DCIG’s TOP 5 Azure Backup report, TMCnet’s 2020 Cloud Computing Backup and Disaster Recovery award, CRN’s Coolest Cloud Company for 2021 recognition, as well as being named a 2021 Gartner Peer Insights Customers’ Choice for Data Center Backup and Recovery Solutions.

    • Zerto published new guidance for customers on how to use Google Cloud VMware Engine for DR and How to Deploy & Configure Zerto Long-term Retention with Amazon S3.

    Customer Successes and Wins 

    In the 2H 2020, Zerto customers continued to build resilience and achieve results across multiple sectors and use cases: 

    • Grey County, which covers nine municipalities in south-eastern Ontario, chose Zerto and Microsoft Azure to ensure continuous availability for critical services like ambulances and long-term care life safety systems even if disaster struck. To learn more, read the Grey County case study here. 

    • One of the world’s largest insurance companies chose Zerto to protect its critical workloads in the cloud. To learn more, read the case study here.

    • New North American customers using Zerto include Atlantic Constructors; Boston Medical Center; City of Georgetown, TX; Epiq Global; Fairfax County, VA; and Washington County, TX.

    • New EMEA customers and partners include Guy’s and St Thomas’ NHS Foundation Trust; Merseyside Police; and SLTN.

    “Expanding our footprint across these industries speaks to the power and innovation behind the Zerto platform for cloud data management and protection,” said Ziv Kedem, CEO and co-founder, Zerto. “We’re excited to see momentum in the healthcare and public sectors as some of the most respected names around the globe realize that leveraging the cloud for disaster recovery and data protection is critical now more than ever for protecting patients and citizens alike, and it’s simply more efficient.” 

    “As a leader in long-term healthcare in the Southeast for more than 50 years, we have extremely high expectations to keep everything available at all times in order to serve our 24,000 patients,” said Rich Bailey, VP of IT operations, PruittHealth. “After experiencing growth, we determined that a DR-to-cloud strategy with Zerto and Azure would be simpler and more efficient than our previous solution. Since using Zerto, we’ve improved efficiencies that include reducing time required for DR testing and reducing man hours spent on near-daily maintenance and operations.”

    “Government organizations like ours are often stretched thin, and each agency consists of a lot of small businesses in a sense,” said Evan Davis, technology and infrastructure manager, Grey County. “Zerto and Azure met all of our varied, demanding requirements. They just work together seamlessly.”

    About Zerto
    Zerto helps customers accelerate IT transformation through a single, scalable platform for cloud data management and protection. Built for enterprise scale, Zerto’s simple, software-only platform uses continuous data protection to converge disaster recovery, backup, and data mobility and eliminate the risks and complexity of modernization and cloud adoption. Zerto enables an always-on customer experience by simplifying the protection, recovery, and mobility of applications and data across private, public, and hybrid clouds. Zerto is trusted by over 9,000 customers globally and is powering offerings for Microsoft Azure, IBM Cloud, AWS, Google Cloud, Oracle Cloud, and more than 450 managed service providers. 

  • JFrog to Offer DevOps Platform on AWS & Microsoft Azure Government Clouds

    Leading DevSecOps Tools Ready to Deploy on Government Clouds, Enabling Government Agencies and Other Regulated Industries to Accelerate and Secure Software Delivery

    SUNNYVALE, Calif., March 02, 2021 (GLOBE NEWSWIRE) — JFrog Ltd. (“JFrog”) (NASDAQ: FROG), creators of the DevOps platform to enable Liquid Software with continuous software updates, today announced that its DevOps Platform tools – JFrog Artifactory and JFrog Xray – are available with native deployment templates for customers using AWS GovCloud (US) and Azure Government clouds.

    Regulated industries and customers who use Government Clouds’ secured environments can use these deployment options – that provide native, simple, and secure installation – along with their existing JFrog self-hosted license, to benefit from JFrog’s solutions in these environments. This enables them to easily take advantage of JFrog’s solutions to streamline their DevOps adoption at scale and to accelerate and secure their software releases.

    JFrog Artifactory is the universal software package management and container registry solution, and JFrog Xray provides continuous security and compliance management for open source security vulnerabilities and license scanning. JFrog Artifactory and JFrog Xray are both part of the JFrog DevOps Platform. Together, Artifactory and Xray are the backbone for enterprises’ DevSecOps efforts and continuous software delivery at scale – particularly for regulated, demanding organizations that must meet strict security, compliance, and data privacy requirements as they build and release software rapidly. Expanding JFrog’s availability across the different public clouds to support native deployments on AWS GovCloud and Azure Government Cloud in multiple regions enables customers to easily deploy JFrog’s DevOps solutions directly on these secured environments.

    “Enterprise DevOps, especially within regulated organizations, requires solutions that support the scale, security, compliance, and management requirements of these demanding sectors,” said Casey O’Mara, Vice President of Business Development and Global Alliances at JFrog. “We are excited to expand our cloud offering and streamline deployment on the largest government cloud providers. This enables customers in highly regulated industries to seamlessly and continuously build, secure and release software, with the benefits of JFrog’s DevOps solutions in secure cloud environments.”

    AWS GovCloud customers can use the AWS Marketplace to quickly deploy JFrog’s solutions in the US East and US West regions. Similarly, Azure Government customers can deploy JFrog’s services from the Azure Marketplace, on any of the following three regions of Azure Government: Arizona, Virginia and Texas. Once deployed, customers on either cloud can then provide their JFrog enterprise subscriptions’ license key(s) to leverage the enterprise-grade capabilities.

    The JFrog Platform is offered either as a self-hosted solution that customers can install on hybrid, on-prem, or multi-cloud environments, or as a SaaS subscription offered on all public clouds. JFrog already offers its solutions – encompassing all the platform capabilities for large-scale software delivery – on AWS, Azure and GCP, across 18 cloud regions including Private Instances. This recent addition of Bring Your Own License (BYOL) and easy deployment across the Government Clouds provides large organizations additional flexibility and different deployment options to meet their needs for highly-regulated, secured use cases.

    To deploy JFrog Artifactory and JFrog Xray on the Government Clouds, visit the clouds’ marketplace listings:

    About JFrog
    JFrog is on a “Liquid Software” mission to enable the flow of software updates seamlessly and securely from the developer’s keystrokes to production. JFrog’s end-to-end, Universal, Hybrid DevOps Platform provides the tools and visibility required by modern software development organizations to fully embrace the power of DevOps. JFrog’s Platform is available as open-source, self-managed, and SaaS services (with free tier) on AWS, Microsoft Azure, and Google Cloud. JFrog is trusted by millions of developers and thousands of customers, including the majority of the Fortune 100 companies that depend on JFrog solutions to manage their DevOps pipelines. Learn more at jfrog.com

  • InMotion Hosting Announces the General Availability of its On-Demand Private Cloud Powered by OpenStack

    InMotion Hosting (IMH), a Silver Founding Member of the Open Infrastructure Foundation (OIF), launches a platform that supports the rapid deployment of small OpenStack private clouds.

    VIRGINIA BEACH, Va., Feb. 24, 2021 /PRNewswire/ — InMotion Hosting establishes a foothold in the IaaS and Private Cloud markets by announcing the general availability of Flex Metal Cloud IaaS. Flex Metal Cloud offers an On-Demand Private Cloud powered by OpenStack, an open source infrastructure platform

    Built for enterprise infrastructure, traditionally it has been difficult for smaller teams to spin up small OpenStack clouds due to the large investment needed in time and resources. InMotion Hosting, whose core philosophy revolves around open source technologies, took up this challenge and built an on-demand private cloud powered by OpenStack and Ceph. Now, building and deploying small clouds on OpenStack has been made trivial and accessible to smaller teams.

    “We attribute much of InMotion Hosting’s success to open source. Since inception, our goal has been to continuously improve our technology, tools, and customers’ experience. Flex Metal Cloud IaaS continues this culture of innovation,” says Todd Robinson, President and Co-founder of InMotion Hosting. “Our teams have been working diligently over the last year to make OpenStack easily accessible for smaller IT Teams. Typical pain points such as cost, resource allocation, and risk of failure are no longer an issue with our On-Demand Private Cloud. We have made OpenStack clouds trivial to deploy and easy to scale up and down on-demand.”

    Flex Metal Cloud starts off with a 3 server hyper-converged cloud core and can be scaled easily to hundreds of servers, thousands of VMs and petabytes of storage. The cloud core can be deployed in under 45 minutes and starts at under $700/mo. Additional compute and storage can also be added in minutes.

    IMH has taken a privacy-first approach with Flex Metal Cloud, with the customer having full governance and control over their hardware. Up-front transparent pricing, ability to set budgets, and usage-based billing gives greater control to customers over cloud IT costs. Flex Metal Cloud is currently available out of InMotion Hosting’s Washington, D.C. data center with a roadmap to expand into multiple locations.

    InMotion Hosting plans to work collaboratively with the Open Infrastructure Foundation (OIF) and other members of the open infrastructure community to continue to add new features and functionality to Flex Metal Cloud in order to further simplify private cloud deployments, increase infrastructure flexibility and to make it a viable and cost-effective open source choice over the mega public clouds.

    “Flex Metal Cloud provides on-demand private infrastructure, which brings cloud fundamentals like elasticity and usage billing to the cloud deployment itself. It’s awesome to see InMotion Hosting’s latest product use OpenStack to combine the benefits of public cloud and managed private cloud, powered by open infrastructure,” says Thierry Carrez, VP of Engineering, OpenInfra Foundation.

    Open Infrastructure Foundation’s (OIF) goal is to build an open infrastructure for the next decade by solving hard infrastructure problems with larger markets. There are new demands being placed on infrastructure that are being driven by modern use cases such as: containers, AI, machine learning, 5G, NFV, and edge computing. OIF is building a community to write open-source software that addresses these infrastructure markets. The Foundation wants to ensure that the solutions to these demands are developed in the open, using the same transparent and proven approach to open source.

    “The mission of the Open Infrastructure Foundation is to build the next decade of open infrastructure software, through a community of more than 100,000 members who know how to build software like OpenStack that runs in production,” says Mark Collier, COO, OpenInfra Foundation. “Solving the problem of making dedicated infrastructure available to smaller organizations that might lack the confidence to deploy on their own is something InMotion has designed Flex Metal Cloud to address, and we’re excited to learn about their experiences implementing OpenStack Ironic as a service for bare metal, and bring those learnings back to the community.”

    Flex Metal Cloud has been in beta testing for a few months now with customers trying out Proof of Concept (PoC) Clouds. With the announcement of the general availability, anyone can now purchase and deploy a small private cloud in minutes. Free timed trials are also available. To learn more about Flex Metal Private Cloud, please visit InMotion Hosting’s Flex Metal Private Cloud page.

    About InMotion Hosting
    InMotion Hosting is a privately held technology company providing web hosting, cloud-based solutions and managed services to businesses and entrepreneurs across the globe. With over 170,000 customers, InMotion Hosting’s mission is to bring tools, platforms and outstanding customer service within anyone’s reach to transform their online presence. Since 2001, we have built our foundation around 24/7/365 US-based customer support and open source technology. Our partnerships include SuperMicro and the Open Infrastructure Foundation.

    For more information on InMotion Hosting and a full suite of digital services, visit https://www.inmotionhosting.com.

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  • Delphix and GenRocket Team Up to Improve Software Quality

    Combining privacy-compliant full datasets from Delphix, with data subset and synthetic data from GenRocket, creates a comprehensive dataset for complex enterprise application testing.

     

    Ojai, CA, March 02, 2021 –(PR.com)– Delphix, the pioneer in programmable data infrastructure, and GenRocket, the Test Data Automation (TDA) technology leader, have announced a technology alliance designed to fulfill the needs of enterprise customers who desire a comprehensive test data solution that improves software quality.

    Uncovering software issues early in the development cycle keeps poor-quality code from moving down the pipeline where it becomes increasingly difficult to discover and expensive to fix, or worse, escapes into production. In “The Cost of Poor Software Quality in the US: A 2020 Report,” CISQ estimates a staggering $2.08 trillion was lost last year alone because of software defects, fragile legacy systems, cybersecurity failures and failed IT projects.

    Enterprise applications are vast and complex and finding defects requires sophisticated test plans that cover a staggering array of use cases, transactions and functionality. To create rapid feedback loops on the quality of an application as it passes through testing stages, Agile development teams have shifted left by testing early and often. Maintaining a continuous flow of quality data to test environments is essential to ensure complete test coverage.

    Delphix fills a critical gap in the DevOps toolchain with automated provisioning of production-quality test data, delivering complete, masked virtual copies of production databases to test environments, in minutes. GenRocket’s complementary capabilities provide data subsets and a patented synthetic data solution for application development and test environments.

    The end-to-end test data solution ensures development environments can thoroughly exercise all data-related permutations and branches of an enterprise application, edge cases that are known to exist, and net-new database schema or functionality that have no production data yet.

    “At Delphix, we believe every company has the opportunity to dramatically accelerate software release cycles and improve software quality by automating the process of delivering ephemeral, compliant, data-ready environments across the multi-cloud,” said Dan Graves, CTO at Delphix. “The combination of full data sets from Delphix with synthetic data generation capabilities from GenRocket gives our joint customers the best of both worlds when it comes to testing with data.”

    “At the heart of this partnership is absolute alignment of vision for the future of test data management: A fusion of data virtualization with synthetic data generation to deliver unprecedented test coverage, quality and speed,” noted Garth Rose CEO and Co-founder of GenRocket. “We are excited to partner with Delphix to deliver best-in-class solutions for realizing that vision.”

    About GenRocket

    GenRocket is the leader in real-time synthetic Test Data Automation (TDA), high-performance technology for provisioning test data for Agile and DevOps environments. GenRocket’s patented, groundbreaking platform accelerates test data provisioning by more than 1,000% as it improves data quality and test coverage while reducing cost and ensuring data privacy. Headquartered in Ojai, California, GenRocket operates in global markets through a network of systems integration partners and has customers in more than 10 vertical markets including financial services, insurance and healthcare.

    For more information, visit www.genrocket.com or follow us on LinkedIn, Twitter and Facebook.

    About Delphix

    Delphix is the pioneer in programmable data infrastructure. Delphix automates the biggest constraint in digital transformation programs – the data. Cloud, CI/CD, and AI/ML all have a voracious appetite for data and development environments. With our multi-cloud data platform, enterprises can adopt cloud 30% faster, release software 50% faster, and access 90% more data for AI/ML, while protecting personal data privacy and maintaining compliance with GDPR, CCPA, HIPAA, etc.

    For more information, visit www.delphix.com or follow us on LinkedIn, Twitter, and Facebook.