Blockchain and Cloud Computing: Complementing Innovations to Spur Growth Feb 20

cryptonewsz.com | February 28, 2020

Aiding the evolution of new-age technologies, including blockchain, is the concept of IT internet, and IT infrastructure. These aspects are changing the way the corporate world conducts business and while these are impacting global trade, these are themselves going through a radical transformation. Users of the internet are experimenting with new technologies and especially the large organizations are shifting from traditional system-based centralized storage to new-age cloud computing. So that you know, cloud computing is a service of providing resources related to computer and computing systems on-demand. In simple words, users can access the data storage systems and computing prowess online which will result in substantial cost savings for organizations.

Spotlight

Some organizations operate solely on packaged applications, selecting those applications because they meet already-existing business process needs. And it’s not uncommon for organizations to alter their business processes to fit the capabilities of packaged applications simply to avoid customizations. But the vast majority of larger organizations have custom line-of-business (LOB) applications. Those applications were either written by in-house development staff or by outside contracting firms. These LOB applications enable core business processes and have been created to support the specific needs of the organization. Moving existing line-of-business (LOB) applications to the cloud can be a daunting task. Differences in execution environments, application remediation efforts, and unfamiliar functionality can all combine to make the process more difficult than it needs to be.


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CLOUD APP DEVELOPMENT

Armis Selects Radware to Deliver Cloud Security for AWS

Radware Ltd. | December 30, 2021

Radware® a leading provider of cyber security and application delivery solutions, announced that Armis, a leading unified asset visibility and security platform provider, chose Radware’s Cloud Native Protector to safeguard its Amazon Web Services environment. This born-in-the-cloud business adopted Radware’s solution to fortify its cloud security posture and identify potential vulnerabilities before they evolved into threats. Armis’ security platform enables companies to safely use and control IoT and other unmanaged devices without fear of compromise by cyberattacks. Armis was looking for a solution that would give its DevOps team full visibility and control of its public cloud environment. The company turned to Radware to make it easier for its team to remotely track assets, supervise access to sensitive resources, and detect suspicious activity. “The Radware team understands that we are a dynamic company with requirements that are constantly changing. Radware’s Cloud Native Protector plays an essential role in securing our cloud environment. It helps us see our full cloud picture and focus on what matters most. Radware provides trusted products and support, making this the best solution for our company.” Roi Amitay, head of DevInfra at Armis Radware’s solution enhances the visibility and control Armis has over its public cloud environment. It automates manual analysis and notifies Armis about any publicly exposed assets and potential cyberattacks to help the company prioritize its work. “Cloud-native companies like Armis have unique and constantly shifting security requirements that need specialized solutions,” said Gilad Barzilay, director of public cloud sales at Radware. “Our Cloud Native Protector not only secures Armis’ cloud workloads but also is continually assessing risks and improving visibility and governance of their cloud.” Radware’s Cloud Native Protector is an agentless solution that provides centralized visibility and reporting for workloads and accounts on AWS and Microsoft Azure. Its intuitive 360-degree centralized dashboard shows alerts across accounts and clouds with risk-prioritized alerting so that security teams know which alert to focus on first. Using a multi-layered approach that covers a wide security posture of the cloud and threats to individual workloads, the solution also identifies and prevents public exposure of public facing assets, cloud security misconfigurations, excessive permissions, and malicious activity in the cloud. About Radware Radware® is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware’s solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down.

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CLOUD SECURITY

Snow Software and Anodot Partner to Transform Cloud Cost Management

Snow Software | June 10, 2022

Snow Software, the global leader in technology intelligence, and Anodot, the business monitoring company, today announced a new strategic partnership to help organizations solve the urgent challenge of managing rapidly growing and increasingly complex cloud costs. Snow and Anodot will bridge the disciplines of IT asset management (ITAM) and finance operations (FinOps) together to address evolving issues associated with cloud cost management. As cloud usage rises rapidly across industries, companies are increasingly struggling to attain complete visibility into their spend across technologies and across multi-cloud environments, Kubernetes costs, cost variability and allocation, and bill complexity, resulting in missed opportunities to reduce cloud waste and overspending. The two companies are committing significant go-to-market and research & development investments, leveraging core technologies in their portfolios – Snow Atlas and Anodot Cost – to address this acute market challenge. According to IDC, cloud spending will exceed $1.3 trillion by 2025. This spending includes everything from cloud infrastructure and application services to servers and storage, to professional and managed services. Cloud spending continues to surge, but organizations struggle to gain a complete picture of their cloud investment. While ITAM provides a view into the software used and FinOps helps organizations navigate the bill from their cloud service provider, there isn’t one holistic view available to leaders. Snow and Anodot are dedicated to solving this issue by offering a complete picture of cloud investments to every stakeholder across an organization that requires visibility of those resources from IT to FinOps to Engineering. As a first step of the partnership, Snow is introducing a cloud cost management solution that enables granular cloud cost visibility and continuous cost monitoring for multi-cloud and Kubernetes environments—including Amazon Web Services, Microsoft Azure and Google Cloud Platform—and provides actionable savings recommendations. Snow Cloud Cost powered by Anodot offers an easy-to-use dashboard that enables attribution and tracking of costs across cloud providers, applications, services and lines of business in near real-time. The solution also provides accurate forecasting, anomaly detection and alerts, which eliminate cost spikes and foster a successful FinOps culture. “We believe the traditional approach to managing cloud costs is no longer sufficient, and it’s time to address the next evolution of cloud cost issues,” said Vishal Rao, President and CEO of Snow. “Organizations that struggle to manage their investments often end up paying for more than they need. With our combined expertise, Snow and Anodot are uniquely positioned to make an immediate and meaningful impact to an organization’s cloud investment because we are bringing together two key disciplines – ITAM and FinOps. Snow has a long history of providing organizations actionable insight into technology investments that goes beyond IT asset management, what we call technology intelligence. With this partnership, we are bringing technology intelligence to cloud cost management to give our customers more control, more visibility and more decision-making power over their cloud investments.” Snow’s vision for technology intelligence enables organizations to accelerate data-driven decision making by providing complete visibility into all technology within their organization, combined with built-in intelligence to optimize cost, usage and risk. To make this vision a reality, Snow is broadening its ecosystem of technology partners that will bring the highest quality data and insight from all technology domains into the Snow Atlas platform. Anodot is joining this expanding ecosystem, bringing their machine learning backed business monitoring expertise. “Businesses across the board understand the need to cut expenses in this delicate period, and cloud costs are a significant part of this, Yet as investment in cloud services swells, we are seeing a new era of complexities that requires a different approach. The need to address this evolving challenge has led to a sharp rise in demand for our cloud cost management tools, which Snow has recognized. The sum of our joint expertise is far greater than its parts, and we are excited about the ways this joint solution will help businesses across industries get a handle on their cloud management and costs.” David Drai, CEO and Co-founder of Anodot FinOps, an evolving cloud financial management discipline and cultural practice, is increasingly adopted by organizations around the world. With more than 1,500 company members and 5,300 individual members, the FinOps Foundation is dedicated to advancing people who practice the discipline of cloud financial management through best practices, education and standards. Snow has been an active member of the FinOps Foundation since July 2021 and currently has more than 35 FinOps certified team members across Sales, Product and Support. As cloud requirements continue to evolve, especially in FinOps, Snow is committed to contributing to FinOps Foundation working groups to collectively address cloud cost management issues with other industry leaders. For further details about the Snow-Anodot partnership and to preview what’s ahead in cloud cost management, find Snow at FinOps X, the FinOps Foundation event in Austin, Texas on June 20-21. About Snow Software Snow Software is changing the way organizations understand and manage their technology consumption. Our technology intelligence platform provides comprehensive visibility and contextual insight across software, SaaS, hardware and cloud. With Snow, IT leaders can effectively optimize resources, enhance performance and enable operational agility in a hybrid world. About Anodot Anodot is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue, and manage cost. Leveraging AI and ML, Anodot’s augmented analytics proactively alert companies to revenue-critical business incidents and automates their remediation in real time. Anodot’s Cloud Cost Management solution helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, providing actionable recommendations that can cut up to 40% on annual cloud spend. Anodot is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%.

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CLOUD APP DEVELOPMENT

Bullhorn Acquires Able to Deliver an Incredible Talent Experience For the Modern Worker

Bullhorn | January 12, 2022

Bullhorn®, the cloud computing company that helps staffing and recruiting organizations transform their businesses, announced that it has acquired Able, a longstanding Bullhorn Marketplace partner and the provider of market-leading candidate engagement and onboarding solutions. This acquisition is the latest major investment by Bullhorn in helping staffing agencies around the world to transform their businesses in an era of continued digitization. The combination of Able’s candidate engagement and onboarding solutions with Bullhorn enables agencies to efficiently meet complex onboarding requirements, reduce candidate drop-out, and get candidates on assignment faster, all while delivering an incredible candidate onboarding experience. The labor market is experiencing a shortage and trends including the ‘great resignation’ on the back of the global pandemic have created the perfect talent storm. In fact for 2022, Talent attraction has been identified as the top challenge for staffing firms in Bullhorn’s recent Global Recruitment Insights and Data (GRID) report. Compounding this challenge, the expectations of the modern worker have changed. These digital natives want flexibility, expect to interact on their terms, and look for a high-touch, high-tech experience in everything they do, and their expectations of Staffing Firms have shifted. Over 90% of talent surveyed in the annual GRID survey wished that the process of finding jobs was easier; 93% of freelance workers indicated the experience of working with online platforms is easier; and, over 50% had given up on a job as the process took too long. Ultimately, the staffing firms that will win in this new world of work are those who prioritize and have invested in developing and maintaining a future-focused candidate experience. Able is trusted by some of the largest staffing agencies in the world to streamline complex hiring workflows and compliance challenges. Able solutions are uniquely designed to simplify, improve, and automate the candidate journey as well as enabling recruiters to configure and automate entire onboarding workflows to the specific needs of each job while ensuring that data flows seamlessly between the systems that recruiters use the most. Able forms management capabilities allows agencies to seamlessly meet government, client, and agency compliance standards. By streamlining the onboarding process, Able clients maximize efficiency and onboard candidates significantly faster, all while freeing up time for recruiters. Additionally, Able offerings are purpose-built for staffing agencies using the Bullhorn platform. “We’re excited to continue to enhance our capabilities in delivering an incredible candidate experience with the acquisition of Able. The product is tightly integrated with Bullhorn, and we have close to 100 joint customers. Already, we’re improving the way we put the world to work everyday through a better talent experience, and we will further this investment with the addition of both Gerald Hetrick, CEO of Able, and Dustin Brewer, Chief Product Officer, who will join our leadership team focused specifically on this mission.” Matt Fischer, president and COO of Bullhorn “Since the very beginning, we have pioneered the way in making sure that every employee has a seamless experience starting a new job. We’re thrilled to be joining the Bullhorn team with whom we’ve worked for many years, have shared values in delivering an excellent customer experience and see enormous opportunity for growth globally,” said Gerald Hetrick, CEO of Able. “As companies face increased demand from the strong job market, our joint solution will help our customers deliver a more scalable onboarding experience, improving fill rates and increasing talent loyalty.” About Able Able allows recruiters to simplify and automate the onboarding processes that prevent new employees from getting to work, from the most straightforward to the diabolically complex, so they can do what they were hired to do sooner. We believe that no matter who someone is, what job they do, whether they’re temporary or permanent, every employee can and should be able to have a great first day. About Bullhorn Bullhorn is the global leader in software for the staffing industry. More than 10,000 companies rely on Bullhorn’s cloud-based platform to power their staffing processes from start to finish. Headquartered in Boston, with offices around the world, Bullhorn is founder-led and employs more than 1,300 people globally.

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CLOUD APP DEVELOPMENT

AST Announces Strategic Investment by Recognize

AST | January 25, 2022

AST Corporation, a leading cloud and digital transformation solutions provider, announced it has received a strategic growth investment from Recognize, a technology services-focused investment platform. AST is an award-winning cloud services provider that has served clients in the public and commercial sectors for more than two decades. The partnership with Recognize enables AST to accelerate investment in innovation, enhance its global delivery footprint and expand its solution offering to clients. "AST has built a strong foundation with an award-winning culture focused on leveraging cloud technology in our core Oracle and Salesforce ecosystems to deliver value-based outcomes for our customers. As we look at the next chapter, we are excited about the partnership with Recognize, which will accelerate our efforts in building a differentiated, purposeful digital transformation solutions provider.” Justin Winter, CEO of AST With over 750 team members globally, AST is a leading, trusted services partner to Oracle, Salesforce and other notable technology vendors, managing large-scale digital transformation efforts. As organizations accelerate their shift to leveraging next-generation technologies, AST is uniquely positioned to manage clients’ digital transformation initiatives, including securely and efficiently shifting on-premise systems to cloud-based applications. “We are excited to work alongside Justin and his team to help AST continue to build on its already strong track record,” said Charles Phillips, Recognize co-founder and former president of Oracle. “AST is well positioned to capitalize on Oracle’s maturing cloud service and customers now have a clear path toward meaningful digital transformation.” “We are deeply impressed by the company that Justin and his team have built,” said David Wasserman, co-founder and managing partner of Recognize. "AST’s leadership position across its core end markets, differentiated focus on best-in-class service capabilities and industry-leading culture made us excited to partner with the team as they continue scaling the business.” Charles Phillips will join the company’s Board of Directors as Chairman alongside fellow Recognize co-founder David Wasserman and Recognize partner Mike Grady. This is the fourth platform investment for Recognize as it continues to deploy capital from its flagship fund. Willkie Farr & Gallagher acted as legal advisor to Recognize. Guggenheim Securities, LLC and Harris Williams acted as financial advisors to AST and Davis Polk & Wardwell acted as legal advisor. About AST AST is an award-winning full-service enterprise systems integrator, serving clients in the public and commercial sectors for more than two decades. Clients look to AST for leadership and assistance in systems integration, business process redesign, project management, systems administration, and training. From on-premise applications to modern cloud technology, AST’s services encompass all aspects of Enterprise Resource Planning, Business Intelligence, Enterprise Performance Management, Customer Experience, and Middleware. AST also offers flexible Managed Services, supporting the needs of over 200 Public Sector and Commercial customers around the globe. About Recognize Recognize is a technology investment platform exclusively focused on the technology services industry. Tech services firms envision, build, configure, manage, and operate software and business processes to deliver digital outcomes for enterprises. The firm provides operational expertise, industry insights, and strategic capital to innovative companies in this sector. Recognize is led by industry veterans Frank D’Souza, Raj Mehta, Charles Phillips, and David Wasserman, along with partners Mike Grady, Josh Miller, Deborah Munfa, and Shawn Pride.

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Spotlight

Some organizations operate solely on packaged applications, selecting those applications because they meet already-existing business process needs. And it’s not uncommon for organizations to alter their business processes to fit the capabilities of packaged applications simply to avoid customizations. But the vast majority of larger organizations have custom line-of-business (LOB) applications. Those applications were either written by in-house development staff or by outside contracting firms. These LOB applications enable core business processes and have been created to support the specific needs of the organization. Moving existing line-of-business (LOB) applications to the cloud can be a daunting task. Differences in execution environments, application remediation efforts, and unfamiliar functionality can all combine to make the process more difficult than it needs to be.

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