devopsy.kinsta.cloud

Author: Veronica Haggar

  • Study Identifies Microsoft Teams Data as Source of Compliance Concern Among IT Leaders

    Milpitas, CA, May 20, 2021 — ZL Tech, the premier technology provider for information governance and compliance, has announced the results of a study investigating Microsoft Team’s native arching and third-party compliance systems capabilities. Conducted by Osterman Research, the study surveyed 143 IT leaders at mid- and large-scale enterprises, all of whom are currently using Microsoft Teams.

    Due in large part to the global pandemic that mandated virtual collaboration, Microsoft Teams adoption has skyrocketed in recent years, with over 145 million daily users in April 2021. However, this decision was often made without fully considering how usage would affect legal and regulatory compliance. The survey found that when considering whether to incorporate Microsoft Teams, compliance and legal professionals were two of the three least influential decision-makers.

    When asked whether Microsoft Team’s native archiving capabilities were sufficient to meet their compliance requirements, only 54% of respondents fully agreed. Some leading concerns are Microsoft Teams’ inability to capture source files and documents (48%), quotes (36%), and audio in meetings (35%) and calls (35%). Looking to the future, only 40% of respondents think Microsoft Teams’ native archiving tools will meet their various requirements in the next three years.

    Regardless of whether the respondents’ Microsoft Teams archiving capabilities were sufficient for their needs, Microsoft Teams data has already been required in the last year for eDiscovery (49%), internal investigations (49%), and regulatory audits (30%).

    Of respondents currently archiving Microsoft Teams, over half (52%) believe that third-party archiving tools are superior to native capabilities. The leading reasons IT leaders considered a third-party solution were to search across multiple platforms in-place (54%), to capture all Microsoft Teams data (53%), and to have a single platform for archiving, eDiscovery, and compliance for multiple data sources (53%).

    ZL Tech’s flagship platform, ZL UA, has fully integrated Microsoft Teams into its solutions for compliance, eDiscovery, privacy, and records management. The platform captures all critical components of Microsoft Teams’ communications: messages, files, reactions, and the context surrounding these interactions. This full archival capture allows ZL Tech to apply governance policies, review messages for compliance, and deliver analytics for deeper insight into enterprise communications.

    To read the entire report, click here.

    To learn more about ZL Tech’s Microsoft Team’s solutions, click here.

    About ZL Technologies, Inc.
    ZL Tech’s centralized information governance platform enables organizations to manage all enterprise content and satisfy corporate needs for data analytics, eDiscovery, regulatory compliance, privacy, and records management. ZL Tech’s unique differentiator is its unified architecture which consolidates all applications and billions of documents under one platform, thus eliminating today’s fractured data silos that significantly raise operating costs and increase legal risk. With a proven track record of serving Global 500 customers, ZL Tech is a technology leader in harnessing big data for strategic advantage. For more information, please visit www.zlti.com.

  • AttackIQ Introduces New Partner Academy to Help Channel Partners Around the World Accelerate Adoption of Threat-Informed Defense Practice

    In the wake of recent ransomware attacks, AttackIQ helps customers and partners embrace proactive defense strategies to reduce their chances of breaches and attacks

    Santa Clara, CA, May 20, 2021 – AttackIQ®, the leading independent vendor of Breach and Attack Simulation (BAS) systems, today announced the launch of AttackIQ Partner Academy, a central hub for the company’s resellers, distributors, systems integrators and consultants to learn about the latest advancements in the practice of a threat-informed defense. From cybersecurity experts and technical content to demos and thought leadership, channel sales engineers and representatives will have access to everything they need to help customers improve their cybersecurity posture and build stronger, more collaborative teams.

    Adversarial tactics, techniques and players are rapidly evolving. The best way to stay on top of threats is to be informed and skilled on innovative, proactive solutions and strategies to be a step ahead. AttackIQ Partner Academy is designed to offer partner practitioners a range of educational opportunities, including online classes, hands-on labs and certifications from basic to advanced cybersecurity topics. The company’s learning resources will help partners stay current and further strengthen the skills needed to improve customers’ security postures and the effectiveness of their programs.

    “AttackIQ Partner Academy will provide our global community of partner sales engineers and account executives with the skills they need to help cybersecurity practitioners build a threat-informed defense across the industry’s broadest range of use cases,” said Carl Wright, AttackIQ Chief Commercial Officer. “From security control validation to threat hunting to compliance framework mapping, our partners will be equipped to help customers optimize their cybersecurity program investment and efficiency leveraging BAS with the MITRE ATT&CK framework as their foundation.”

    AttackIQ’s Partner Academy offers two main learning paths:

    • AttackIQ Training for Sales learning path, which features Foundations of Operationalizing MITRE ATT&CK, Foundations of Purple Teaming and Foundations of Breach & Attack Simulation.
    • AttackIQ Training for Engineers learning path, which features courses on Assessment Design for Security Controls, Beyond Atomic Testing with Attack Flows and AttackIQ Engineer Essentials.

     

    Depending upon which learning path is completed, partners will achieve the AttackIQ Professional certification or AttackIQ Associate certification.

    “Breach and attack simulation is a critical part of our Next Generation Solutions (NGS) offering, which enables our partners to help customers confidently validate and measure the effectiveness of their security controls,” said Geert Busse, Westcon EMEA Business Lead, Next Generation Solutions. “The educational resources available in AttackIQ’s Partner Academy will allow our partners to increase their productivity and profitability through new use cases and services while enabling customers to maximize the return on their security program investments.”

    “Partner Academy is another great reason we have chosen to partner with AttackIQ.” said Tera Davis, Critical Start Managing Director. “Success is not just tied to the innovation of the products you sell, but also how you enable partners and customers to achieve their goals. AttackIQ has done something truly special with both AttackIQ Partner Academy and AttackIQ Academy for customers.”

    To learn more about AttackIQ Partner Academy, visit https://partneracademy.attackiq.com. To become an AttackIQ channel partner, submit an application on the AttackIQ partner page.

    About AttackIQ

    AttackIQ, the leading independent vendor of breach and attack simulation solutions, built the industry’s first Security Optimization Platform for continuous security control validation and improving security program effectiveness and efficiency. AttackIQ is trusted by leading organizations worldwide to plan security improvements and verify that cyberdefenses work as expected, aligned with the MITRE ATT&CK framework. The Company is committed to giving back to the cybersecurity community through its free AttackIQ Academy, open Preactive Security Exchange, and partnership with the MITRE Engenuity. For more information, visit www.attackiq.com. Follow AttackIQ on Twitter, Facebook, LinkedIn, and YouTube.

  • TrustArc and PKWARE Automate Data Discovery and Privacy Compliance with DG Discovery Offering

    Partnership Provides Value to Organizations That Require Privacy Management and Data Discovery Across Their Organization

    San Francisco, CA, May 19, 2021 — TrustArc, the leader in data privacy management and automation, and PKWARE, a global leader in automated data security, today announced a partnership to offer PKWARE’s data discovery tool, DG Discovery, as part of the TrustArc platform. TrustArc will integrate its data mapping, data subject access requests (DSARs) and data flow capabilities with PKWARE’s data discovery offering, which specializes in data management, information governance and regulatory compliance.

    A powerful, flexible and easy-to-use platform with no coding required, DG Discovery brings the following features to TrustArc customers:

    • Machine learning to uncover hidden data that may be semantically ambiguous, whether on premise or in the cloud.

    • Unique indexing to find key data more efficiently throughout an enterprise.

    • Continuous monitoring of an organization’s information and can also encrypt or mask data.

    • Accelerated time-to-value with a single-pane view to enable management of sensitive data.

    TrustArc privacy automation platform brings robust privacy management capabilities to PKWARE customers leveraging their DG Discovery data to simplify privacy compliance globally.

    “DG Discovery assists our customers who were looking for an accessible solution for automating end-to-end privacy management,” said Chris Babel, CEO, TrustArc. “It provides organizations with the opportunity to enhance their privacy management and more deeply harness the power of their data, through data discovery, data mapping and individual rights management.”

    Current PKWARE Discovery users have quickly realized the benefits of the offering, including the Gemological Institute of America (GIA), which uses the tool to protect sensitive data across its environments.

    “Privacy management is a priority across our organization,” said Yvette Wilson, Director, Data Privacy at GIA. “DG Discovery will give our teams the control they need to safely protect our data to further our mission to protect consumers.”

    The partnership lets joint customers of TrustArc and PKWARE fulfill DSARs, which involve data subjects requesting information from a company on how it will use their data. DG Discovery platform will automate entry of data elements and personally identifiable information (PII) metadata.

    “Data lives in many different locations that organizations may or may not be aware of. DG Discovery is able to find that information, creating metadata and PII, preventing critical errors in the process and saving users countless hours each month,” said JT Sison, SVP of Global Partnerships, PKWARE. “As privacy regulations continue to become more complex in the U.S. and across the globe, harnessing a tool like DG Discovery will soon become standard practice.”

    To learn more about DG Discovery and the TrustArc-PKWARE partnership, please visit www.trustarc.com/trustarc-pkware-partnership.

    About TrustArc

    As the leader in data privacy, TrustArc automates and simplifies the creation of end-to-end privacy management programs for global organizations. TrustArc is the only company to deliver the depth of privacy intelligence, coupled with the complete platform automation, that is essential for the growing number of privacy regulations in an ever-changing digital world. Headquartered in San Francisco, and backed by a global team across the Americas, Europe, and Asia, TrustArc helps customers worldwide demonstrate compliance, minimize risk, and build trust. For additional information visit www.trustarc.com.

    For media inquiries, please contact: pr@trustarc.com

    About PKWARE

    PKWARE offers the only data discovery and protection solution that locates and secures sensitive data to minimize organizational risks and costs, regardless of device or environment. Our ultra-efficient, scalable software is simple to use on a broad range of data types and repositories, enabling precise, automated visibility and control of personal data, even in the fastest-moving, most complex IT environments. With more than 1,200 customers, including many of the world’s retailers, healthcare organizations and government agencies, PKWARE continues to innovate as an award-winning global leader in data discovery, security and compliance. To learn more, visit pkware.com.

  • Logi Analytics Launches New Capabilities to Provide Self-Service For Every User

    Logi Composer 6 expands ultimate control over user experience with context and security at the center

    Raleigh, NC, May 19, 2021 — Logi Analytics, an insightsoftware company and the leading provider of embedded analytics solutions for software teams, today launched new capabilities within Logi Composer, the first out-of-the-box development experience for embedded analytics. Logi Composer 6 provides enhanced control over the user experience with a framework of event listeners, self-service capabilities with dashboard interactivity and enterprise-grade security at every layer.

    Recent research from Logi Analytics and Enterprise Strategy Group (ESG) found that 49% of data leaders are investing in new analytics vendors and self-service to help close the skills gap. Logi Composer goes beyond simple visualizations and personalizes self-service with control over the self-service experience including resizing, layout, filters, links and creating cross-source connections, empowering self-service users to build their own dashboards with the level of sophistication that matches their needs.

    “End users want an analytics experience within their existing applications where they can customize, manipulate and query data to gain insights and empower decision making,” said Charles Caldwell, Vice President, Product Management at Logi Analytics. “And too many self-service solutions don’t match the needs and skill-level of the user. With this release, Logi Composer provides software teams a low-code, secure solution that will exceed users’ personalization and self-service requirements and offer administrators granular control to tune the analytics experience for different personas and user sophistication.”

    Logi Composer also prioritizes enterprise security, maintaining precise control in multi-tenant deployments with granular data security controls for rows and columns. Additionally, Composer simplifies collaboration and sharing with object-level security for dashboards and sources that control data access and user permissions.

    Key features include:

    • Improved application workflow by embedding multiple independent dashboards that bring together the right data and related context to your application experience.

    • Ability to leverage new arc and combination charts to build range-based and multidimensional visualizations for analytics dashboards in your application.

    • Enhanced self-service experience with new drill-down, time-interval and summary aggregations feature for tabular visuals and reports.

    • Improved capabilities for running sophisticated queries in multi-tenant deployments with support for variables in custom queries.

    • OAuth integration for user authorization to seamlessly embed analytics in your application for a frictionless end user experience.

    To learn more about Logi Composer and Logi Analytics, visit www.logianalytics.com/

    About Logi Analytics

    Logi Analytics, an insightsoftware company, empowers the world’s software teams with the most intuitive, developer-grade embedded analytics solutions, along with a group of dedicated people invested in your success. Logi leverages your existing tech stack so you can quickly build, manage and deploy your application. And because Logi supports unlimited customization and white-labeling, you have total control to make the application uniquely your own. Over 2,400 application teams have trusted Logi to help power their businesses with sophisticated analytics capabilities. Logi Analytics was recently awarded the 2020 “Best Business Intelligence Solution” Proddy award by Product School, in addition to being named a leader in Business Application Research Center’s (BARC) BI & Analytics Survey 21 across several categories, including Operational BI, Embedded BI, and Cloud BI.

    Logi Analytics is headquartered in McLean, Virginia, with offices in Ireland, England, Ukraine, and China. Learn more about what’s possible with Logi at LogiAnalytics.com.

    About insightsoftware

    insightsoftware is a leading provider of financial reporting and enterprise performance management software. We enable the Office of the CFO to connect to and make sense of their enterprise data in real time so they can proactively drive greater financial intelligence across their organization, which is how best-in-class finance teams operate. Over 25,000 organizations worldwide rely on insightsoftware’s portfolio of best-in-class reporting, analytics, budgeting, forecasting, consolidation, and tax solutions to provide them with increased productivity, visibility, accuracy, and compliance. Visit insightsoftware.com for more information.

  • Nozomi Networks Integrates with ServiceNow to Help Automate, Optimize and Secure Manufacturing Operations Worldwide

    Solution combines process workflows and detailed network, OT and IoT asset information to maximize productivity, reduce waste, and achieve higher profitability

    San Francisco, CA, May 19, 2021 — Nozomi Networks Inc., the leader in OT and IoT security today announced a technology integration with ServiceNow that helps manufacturers deliver next-generation operational efficiencies and resilience. The certified integration makes it possible for manufacturing and other industrial processes to leverage the combined power of ServiceNow’s expertise in service and asset lifecycle management with Nozomi Networks’ industrial strength OT and IoT network visibility and security solutions. With this integrated solution, organizations can utilize real time OT and IoT asset information from Nozomi Networks with ServiceNow’s Configuration Management Data Base (CMDB) and ServiceNow’s new Operational Technology Management products to quickly act on issues and immediately respond to operational threats.

    With this new integration, customers can synchronize network assets details gathered from the Nozomi Networks’ solution into the ServiceNow platform. Assets are automatically mapped to the new ServiceNow OT data model, streamlining the onboarding of new and existing devices. This approach makes it possible for manufacturers to achieve a complete and contextual view of their operational technology environments and addresses the need to help ensure the availability of their critical technology.

    “Smart manufacturing is a bottom-and-top-line game changer, leveraging technology and data-driven workflows to boost efficiencies, gain greater resiliency and drive more value,” said Chet Namboodri, Nozomi Networks SVP, Business Development and Alliances. “At the same time, managing and securing these environments complicates manufacturing operations. Nozomi Networks is pleased to team with ServiceNow to simplify and support a new generation of process operations with the real time asset visibility that manufacturers need to speed response, reduce risk and increase compliance.”

    “Digitalization is a top priority for manufacturers who want to build and protect resiliency and maintain a competitive edge in today’s global marketplace,” said Binoy Gosalia, Global Head of Industry Partnerships at ServiceNow. “Yet, too often information silos, manual processes, and a lack of visibility keep manufacturers from realizing the full benefits of their digital investments. Nozomi Networks integration with ServiceNow makes it possible to unlock all the benefits of digitization with a unified system of action that is informed by detailed, real time asset information.”

    For more information:

    The Service Graph Connector for Nozomi Networks is available on the ServiceNow Store.

    About Nozomi Networks

    Nozomi Networks accelerates digital transformation by protecting the world’s critical infrastructure, industrial and government organizations from cyber threats. Our solution delivers exceptional network and asset visibility, threat detection, and insights for OT and IoT environments. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com

  • Salto Secures $42 Million Series B to Unlock Value across SaaS Applications and Bring Agility to Business Operations

    Accel leads latest funding, with significant participation from Salesforce Ventures, to expand Salto’s simplified approach to automate and scale enterprise SaaS

    San Francisco, CA and Tel Aviv, Israel — May 19, 2021 — Pioneering business operations (BizOps) startup Salto announced today that it has raised a $42 million Series B led by Accel, with significant participation from existing investor Salesforce Ventures, and continued participation from Bessemer Venture Partners and Lightspeed Venture Partners. That brings the total funding to $69 million to date, following its Series A in October, and underscores the demand for a new way to improve the productivity of SaaS administrators. At the same time, enterprises are calling for a more unified way to configure, analyze, and ensure compliance for their standalone SaaS (software as a service) applications.

    Salto was founded in 2019 by veteran Israeli entrepreneurs Rami Tamir, Benny Schnaider and Gil Hoffer, after successes with previous companies: Pentacom (acquired by Cisco); Qumranet (the creator of KVM – acquired by Red Hat); and Ravello Systems (acquired by Oracle).

    Today, companies have SaaS applications for every conceivable purpose and each application is maintained and supported separately. This results in an operational challenge of hidden, often irreversible dependencies, changes, and recursive updates between apps. The damage is apparent in many organizations using SaaS applications today—business process breakdowns that bring operations to a halt.

    “Over the past few years, we’ve seen enterprises adopt literally hundreds of SaaS applications,” said Salto CEO and co-founder Rami Tamir. “Salto is the connective tissue that has been completely missing and applies widely adopted engineering principles to business operations and SaaS. We provide insights into how all the systems are configured and allow teams to untangle them, track and extend those changes across applications, and enforce a process to make each department’s stack of software operate as a cohesive whole.”

    “Salto’s holistic, forward-thinking approach to the management of business apps is the future, and its solution is the connective tissue we were looking for,” said Oran Akron, head of business operations at Monday.com.

    Salto’s platform, in essence, offers companies a better return on the dozens of SaaS licenses they already pay for. It also lays the foundation for an, until now, unimaginable level of change management efficiency. Customers are seeing the advantages of immense time savings with improved trackability and auditability.

    “Using Salto, we’ve cut Salesforce and HubSpot update times by 75 percent,” acknowledges Joshua Thorngren, vice president of growth at StackPulse. “It really is unlike anything else.”

    With the new funding, Salto will rapidly expand its capacity to configure more business applications. Early customers expressed their need for Salto to extend its software approach and methodology beyond its initially supported SaaS applications – Salesforce, NetSuite and HubSpot. Salto plans to expand its support to a total of 10 applications by the end of 2021. With a global view of all SaaS applications, it provides insight long thought impossible.

    “Salto is leading the way toward modernizing the infrastructure of cloud applications. This is a much bigger problem than it was a few years ago, and it provides a very necessary layer of automation,” said Philippe Botteri, partner at Accel. “It’s a missing link, a revolution bringing a DevOps approach to cloud application configurations. We’re excited to be partnering with serial entrepreneurs Rami, Benny and Gil for this journey. Salto has the potential to become a defining company for this new and large category, which addresses a significant problem faced by any company managing cloud applications.”

    “Salto creates an ecosystem where business application administrators can make changes to applications swiftly and efficiently,” said Alex Kayyal, partner and head of international at Salesforce Ventures. “We’re incredibly excited by the team’s vision to improve business agility through automation across SaaS applications as they provide clear value to customers globally.”

    About Salto

    Salto is the leading solution for configuring your top business applications. By applying innovative software development concepts and practices, Salto provides both an open source and an enterprise SaaS product to simplify, automate and unite configuration, testing, analysis, and compliance across business applications. The company has offices in Tel Aviv and San Francisco. Learn more at www.salto.io.

  • ZoomInfo Partners with Snowflake to Centralize and Streamline Data Delivery

    Customers Can Use Snowflake’s Data Cloud to Integrate ZoomInfo’s Data into Their Tech Stack, Driving Insights at Scale

    Vancouver, WA – May 19, 2021 – ZoomInfo (NASDAQ: ZI), a global leader in go-to-market intelligence solutions, today announced a partnership with Snowflake, the Data Cloud company, in which ZoomInfo will join Snowflake Data Marketplace to centralize and streamline data delivery. Customers can now use Snowflake’s platform to integrate ZoomInfo’s industry-leading company and business contact data into their technology stacks—with no additional integration or extract transform load required—and generate insights at scale.

    Data is constantly changing, and what is accurate one day is outdated the next. Nearly 30 percent of personnel change jobs each year, and companies are always evolving in some manner. Sellers and marketers need a seamless way to accurately capture, unify, and share that data. Those that don’t take action to stay connected to this ever-changing business landscape put themselves at risk of disengaged audiences, missed opportunities, and lost revenue.

    “With Snowflake Data Marketplace, we can not only deliver our updated intelligence more promptly, but also integrate our best-in-class data into Snowflake’s single, integrated platform for seamless access across organizations,” said Henry Schuck, ZoomInfo Founder and CEO. “Customers also leverage our data to solve complex business problems like buyer propensity modeling, sales territory planning, analysis of total addressable markets, and master data management.”

    Joint customers can leverage prebuilt ZoomInfo data sets in Snowflake Data Marketplace or work with ZoomInfo’s Data Services team to create custom data sets that meet their specific needs. Customers have more than 300 data attributes to choose from to help them identify their ideal buyers. They can target companies based on firmographic details like revenue, employee size, industry, and location, as well as events like funding rounds, product launches, M&A transactions, buying intent signals, additions of new technologies, and executive hires.

    “This partnership can deliver data accuracy with near-instant updates,” said Chris Degnan, Snowflake’s Chief Revenue Officer. “As a result, ZoomInfo’s data sets can help enterprises develop their business intelligence strategies with exactness. Together, ZoomInfo and Snowflake can help companies improve their data delivery from the cloud and power their go-to-market motions more effectively.”

    ZoomInfo ensures accuracy of its data over time with real-time updates, eliminating data decay with continuous enrichment services directly within Snowflake. ZoomInfo prioritizes GDPR and CCPA compliance, and maintains its rigorous data privacy and security practices through all data provided via partnerships.

    For more information, visit the ZoomInfo and Snowflake landing page.

    About ZoomInfo

    ZoomInfo (NASDAQ: ZI) is a Go-To-Market Intelligence Solution for more than 20,000 companies worldwide. The ZoomInfo platform empowers business-to-business sales, marketing, and recruiting professionals to hit their number by pairing best-in-class technology with unrivaled data coverage, accuracy, and depth of company and contact information. With integrations embedded into workflows and technology stacks, including the leading CRM, Sales Engagement, Marketing Automation, and Talent Management applications, ZoomInfo drives more predictable, accelerated, and sustainable growth for its customers. ZoomInfo emphasizes GDPR and CCPA compliance. In addition to creating the industry’s first proactive notice program, the company is a registered data broker with the states of California and Vermont. Read about ZoomInfo’s commitment to compliance, privacy, and security. For more information about our leading Go-To-Market Intelligence Solution, and how it helps sales, marketing, and recruiting professionals, please visit www.zoominfo.com.

  • Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries

    Cognite becomes unicorn as funding round raises Cognite’s valuation to $1.6 billion, backing is one of the largest private investment rounds for a SaaS company in Europe

    Oslo, Norway and Austin, Texas — May 19, 2021 — Cognite, a global leader in industrial software innovation, announced today that it has signed an investment round of $150M with leading global growth equity firm TCV, valuing the company at $1.6B. This investment marks one of the largest funding rounds for a SaaS company in Europe and confirms industrial digitalization as a global megatrend. The new valuation round constitutes unicorn status for Cognite.

    “Cognite has had a remarkable growth journey since its founding in 2017, attracting top talent from across the globe, working feverishly to develop, deploy and verify the impact from its industrial software technology. As the global growth continues across industry verticals, there is significant interest from companies to partner with Cognite. We are very pleased to welcome TCV, a top-tier growth equity firm, on board, especially given their strong track record from building and scaling enterprise software companies globally,” said Øyvind Eriksen, President and CEO of Aker. “The investment is a testament to the Cognite growth journey so far and to its future potential. Moreover, it highlights the significant value creation taking place in Aker’s industrial software portfolio.”

    TCV has a broad network and expertise in successfully scaling technology companies, including Netflix, OSIsoft, Splunk, Airbnb and Spotify. This new partnership allows Cognite to harness TCV’s expertise in international expansion for industrial software companies and complements earlier funding by global venture capital firm Accel, as both are committed to backing category-defining businesses. The partnership coupled with Aker, Cognite’s majority stakeholder, will accelerate the full-scale data-driven transformation of legacy industries to help make them more sustainable and profitable through digitalization and data. As part of the transaction, Jake Reynolds, general partner at TCV with a 20-year history in venture capital and technology investing, is joining the Cognite Board of Directors.

    “Cognite is building the future by redefining modern industrial data management,” said Jake Reynolds. “Cognite is emerging as a leader of the pack through their proven industrial software-as-a-service (SaaS) solutions as the world turns to digitalization to truly transform, and we look forward to partnering with them to revolutionize the industry as they grow and scale.”

    Cognite’s flagship Industrial Data Ops product: Cognite Data Fusion (CDF) is currently digitalizing asset-intensive industries globally by making industrial data more accessible and meaningful to humans and machines, enabling clients to create value through AI-based applications and solutions. CDF is also a critical tool used by companies to actively participate in the energy transition through data liberation and contextualization to address transparency, accountability, and sustainability. CDF is deployed by Cognite customers worldwide including: bp, Saudi Aramco, Alfa Laval, Statnett, and Mitsubishi.

    “Cognite is on a strong trajectory to help transform industry, and since our founding four years ago, we have managed to attract top global talent, and partner with top industrial companies to accelerate modern industrial data management worldwide,” said Dr. John Markus Lervik, CEO and co-founder of Cognite. “The partnership with TCV allows us to amplify our software solutions to empower asset-intensive businesses to improve their sustainability and profitability of operations, and perfectly complements the extensive industrial knowledge brought in by our majority shareholder, Aker.”

    Cognite continues rapid expansion, growing in valuation threefold since November in part due to a global collaboration with Microsoft and inclusion as a Top 200 Global Independent Software Vendor (ISV), a partnership with Accel, and post COVID demand for digitalization across industries. Cognite was founded in 2017 and is one of the fastest-growing industrial software companies in the world with over 500 employees across offices in Europe, the United States, Asia, and the Middle East.

    About TCV

    Founded in 1995, TCV was established with a clear vision: to capture opportunities in the technology market through a specialized and consistent focus on investing in high-growth companies. Since inception, the firm has built a track record of successfully backing public and private businesses that have developed into dominant industry players across internet, software, FinTech, and enterprise IT. TCV has invested over $14 billion to date and has helped guide CEOs through more than 125 IPOs and strategic acquisitions. TCV has invested in cutting edge technology companies including OSIsoft, Airbnb, Brex, ByteDance, Facebook, Hotmart, Netflix, Peloton, Spotify, Zillow, Clio, Redis Labs, Klarna, Mollie, Nubank, Payoneer, Revolut, Toast, Wealthsimple and WorldRemit. TCV has successfully executed over 350 investments of varying structures, including mid-stage, late stage and public company investments, and has offices in Menlo Park, New York, and London. For more information about TCV, including a complete list of TCV investments, visit https://www.tcv.com/.

    About Cognite

    Cognite is a global industrial software-as-a-service (SaaS) company supporting the full-scale digital data-driven transformation of asset-intensive industries around the world. Our core product, Cognite Data Fusion (CDF), is an industrial data operations and contextualization platform, putting raw data into real-world industrial context, enabling rapid application & solution creation at scale. CDF powers companies with contextualized OT/IT/ET data to develop solutions that increase safety, sustainability, efficiency and drive revenue. Visit us at www.cognite.com and follow us on Twitter @CogniteData or at LinkedIn: https://www.linkedin.com/company/cognitedata

  • Agiloft Launches Module Add-On to CLM Platform for Improved Sourcing and Supplier Information Management

    New module extends the value of Agiloft’s award-winning CLM software through a more efficient and agile source-to-contract process

    Redwood City, CA, May 19, 2021 — Agiloft, the global standard in no-code contract lifecycle management (CLM), today announced the release of its Sourcing and Supplier Information Management module, a new add-on to reduce sourcing cycle time, automate supplier onboarding, and ongoing compliance.  

    “Our next-generation module provides advanced tools in the source-to-contract process,” said Andy Wishart, Agiloft chief product officer. “As the latest step in the accelerated development of our platform, this release further empowers sourcing with contract data. Our customers can now extend their CLM solution with new functionalities that reduce the cycle time from initiating a sourcing event (RFx) to a signed contract and which adapt easily as their business needs evolve.”

    The new module highlights include:

    Streamlining the source-to-contract process by centralizing the creation, approval, collaboration, and decision making for sourcing events: 

    • Create standardized templates with pre-approved language for RFIs, RFPs, and RFQs. Customize supplier questionnaires and templates. 

    • Invite suppliers to submit responses and quickly collect and collaborate around the submission. 

    • Allow stakeholders to appraise, score, and compare suppliers for their projects. 

    • Stay on schedule with notifications and alerts to team members and suppliers. 

    • Convert awards into contracts with the click of a button, using approved terms and conditions.

    Automation of supplier information management to save time and ensure suppliers meet all requirements: 

    • Allow prospective suppliers to register and provide the necessary data and documents through a vendor portal.  

    • Compile data to verify compliance with business criteria and policies.

    • Automate supplier contract notifications and requests for documentation. 

    Access to unified Source-to-Contract platform. Tap into a unified experience with Agiloft’s CLM platform to quickly identify existing suppliers of goods, services, or commodities and then adapt your process as business needs change.  

    • Gain visibility into the full spectrum of supplier relationships and contract terms to identify areas for simplification and opportunities for volume discounts. 

    • Get alerts for upcoming expirations and identify a pipeline of new sourcing opportunities. 

    • Provide users with a unified sourcing and contracting user experience. 

    • Configure the Agiloft no-code platform to precisely fit and quickly adapt to your needs. 

    “As the first of many add-on modules extending CLM to adjacent processes, we are continually increasing the value of Agiloft CLM for the enterprise,” said Eric Laughlin, Agiloft CEO. “As the only CLM platform to provide no-code AI capabilities, Agiloft offers unmatched possibilities for customization and automation of complex contract and commercial workflows—all without needing to write a single line of code. The new capabilities of this latest release take CLM to the next level, helping sourcing and supplier management deliver more business impact.” 

    For more detail on this product release, join us for our Sourcing and Supplier Information Management release webinar on May 19. Sign up for the release webinar here.

    To learn more about Agiloft’s Contract Management Suite, visit the product information page.

    About Agiloft 
    As the global leader in agile contract lifecycle management software, Agiloft is trusted to provide significant savings in purchasing, enable more efficient legal operations, and accelerate sales cycles, all while drastically lowering compliance risk. Agiloft’s adaptable no-code platform ensures rapid deployment and a fully extensible system. Using contracts as the core system of commercial record, Agiloft’s CLM software leverages AI to improve contract management for legal departments, procurement, and sales operations. Visit www.agiloft.com for more.  

  • More than Half of U.S. Companies Hit with Privileged Credential Theft, Insider Threats in Last Year

    ThycoticCentrify research shows impressive adoption of Zero Trust principles in response to rising cyberattacks on critical systems and data 

    Santa Clara, CA and Washington DC, May 19, 2021― ThycoticCentrify, a leading provider of cloud identity security solutions formed by the merger of privileged access management (PAM) leaders Thycotic and Centrify, today announced new research that reveals more than half of organizations have been grappling with the theft of legitimate, privileged credentials (53%) and insider threat attacks (52%) in the last 12 months. In 85% of the privileged credential theft instances, cybercriminals were able to access critical systems and/or data. In addition, two-thirds (66%) of insider threats led to abuse of administrative privileges to illegitimately access critical systems and/or data.

    The research, commissioned by ThycoticCentrify with CensusWide, surveyed 150 IT decision makers across the U.S. on the most common privileged access risks and Zero Trust adoption trends. In addition to external and malicious insider threat attacks, the study found that nearly half (48%) of organizations experienced a data breach as a result of giving an employee or contractor too much access in the last year.

    Based on these compromise patterns, it is not surprising that 65% of respondent companies saw their IT administrators targeted most frequently by cybercriminals, followed by engineers and developers (21%) and the C-suite (19%).

    “IT administrators hold the keys to the most sensitive and mission-critical parts of the kingdom, and both internal and external attackers are taking full advantage,” said David McNeely, chief technology officer at ThycoticCentrify. “Abusing access to these systems can lead to full-scale breaches that grab headlines and impact trust in the organization. While there is no single solution that can eliminate every one of these risk factors, adopting Zero Trust principles is an excellent start.”

    Zero Trust mandates a “never trust, always verify, enforce least privilege” approach to cybersecurity, whether the threat is coming from inside or outside the network. Promisingly, nearly all respondents are somewhat familiar (33%) or very familiar (62%) with the term, especially as it relates to identity and access management (IAM).

    The survey found an impressive 77% currently utilize a Zero Trust approach in their cybersecurity strategy, possibly attributed to the frequent attacks on IT. In fact, 42% listed reducing cyberthreats as the top motivator for adoption, followed by better compliance (30%), reducing privileged access abuse, and inspecting and logging traffic/access requests (both 14%). Common barriers for adoption include complicated or inadequate security solutions (57%), fear of disrupting user experience (43%), budget (38%), and staffing resources (30%).

    “There are many on-ramps to Zero Trust. But with privileged identities playing such a key role in most data breaches, it makes sense to begin that journey with a modern PAM solution built around a least privilege model of access control,” said Tony Goulding, cybersecurity evangelist at ThycoticCentrify.

    A large majority of respondents (83%) have incorporated a privileged access management (PAM) tool into their security infrastructure, and 89% of those PAM services support a Zero Trust approach to verify privileged users.

    Complete results of the survey are available at https://charts.censuswide.com/CW7930/CW7930_VIbox.html. For more information about ThycoticCentrify solutions for managing privileged access, visit www.centrify.com.

    *The survey of 150 IT decision makers across the U.S. was conducted by CensusWide in May 2021.

    About ThycoticCentrify

    ThycoticCentrify is a leading cloud identity security vendor, enabling digital transformation at scale. ThycoticCentrify’s industry-leading privileged access management (PAM) solutions reduce risk, complexity, and cost while securing organizations’ data, devices, and code across cloud, on-premises, and hybrid environments. ThycoticCentrify is trusted by over 14,000 leading organizations around the globe including over half of the Fortune 100, and customers include the world’s largest financial institutions, intelligence agencies, and critical infrastructure companies.

    © Thycotic Software, LLC and Centrify Corporation 2021. Centrify® and Thycotic® are registered trademarks of Centrify Corporation and Thycotic Software, LLC respectively.