Cloud App Development

Lucid Launches Cloud Visualization Solution Lucidscale, Expanding its Visual Collaboration Suite

Lucid the leading provider of visual collaboration software, today announced the addition of a third product built on its Visual Collaboration Platform with the release of Lucidscale, a cloud visualization solution where organizations can see, understand and optimize their cloud environment.

Lucidscale automatically generates accurate, dynamic cloud visualizations, significantly reducing the time and resources traditionally needed for cloud documentation and understanding. These automated diagrams allow teams to more quickly and effectively design, build, deploy and troubleshoot cloud environments for Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP). Lucidscale enables users to document plans, verify implementation and communicate crucial information clearly across both technical and non-technical teams, helping organizations to stay on top of compliance, security and internal best practices, and to maintain consistency across the business.

"Now more than ever, businesses need clear visibility into their complex and ever-changing cloud environments in order to adapt quickly, plan and scale. Teams also require new levels of technical alignment and understanding across a variety of stakeholders Lucidscale enables both technical and non-technical users to make better cloud decisions and understand and optimize their cloud environments. We're thrilled to bring this critical solution to our Visual Collaboration Suite as we continue to help teams of all kinds see and build the future.

said Karl Sun, co-founder and CEO at Lucid
 
 
With Lucidscale, teams are able to more effectively
 
  • AUTOMATE: Easily automate and reference cloud documentation for sharing internally and externally with third parties. Automatically generated diagrams reduce the time, costs and inaccuracies that occur when similar diagrams are attempted by hand. Cloud visualization in Lucidscale happens as fast as the cloud changes.
  • UNDERSTAND: Visualize the hundreds and thousands of components that make up a cloud environment. Lucidscale helps organizations understand the current state of their cloud architecture, so that they can more effectively create future state plans. Having a clear picture helps teams understand how an outage occurred, look for areas to optimize, explain cloud infrastructure to non-technical users, eliminate unnecessary risk and prevent potential costs to the organization.
  • VERIFY: Verify that cloud migrations and implementations are done correctly. Cloud implementation mistakes can be costly, from downtime to missed deadlines, and can harm compliance efforts. With accurate cloud visuals, teams can more easily verify alignment between what was planned and what actually exists in the cloud environment.

Lucidscale is built on Lucid's Visual Collaboration Platform, bringing ten years of proven data and security capabilities to the cloud visualization space. As part of the Lucid Visual Collaboration Suite, Lucidscale joins Lucidchart, an intelligent diagramming application, and Lucidspark, a virtual whiteboard application, in enabling teams to collaborate and communicate clearly about the most complex topics, no matter where teams are located.

About Lucid
Lucid offers a Visual Collaboration Suite that helps teams see and build the future from idea to reality. With its products—Lucidchart, Lucidspark and Lucidscale—teams can turn ideas into reality, clarify complexity, and collaborate visually, no matter where they're located. Top businesses use Lucid's products all around the world, including customers such as Google, GE, NBC Universal and T-Mobile, and 99% of the Fortune 500. Lucid's partners include industry leaders such as Google, Atlassian, Amazon Web Services, Salesforce and Microsoft. Since the company's founding, it has received numerous awards for its products, business and workplace culture.

About Lucidscale
Lucidscale is a cloud visualization solution that helps organizations see and understand their cloud environment. A part of Lucid's Visual Collaboration Suite, the application automatically generates accurate dynamic cloud diagrams to help teams effectively design, build, deploy and troubleshoot as their businesses grow. Top businesses use Lucid's products all around the world, including customers such as Google, GE, NBC Universal and T-Mobile, and 99% of the Fortune 500. Since the company's founding, it has received numerous awards for its product, business and workplace culture.

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TRG Screen Announces Acquisition of Xpansion for Reference Data Usage Management

PR Newswire: | January 25, 2024

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen's position as a global market leader in market data management solutions. Xpansion – established in 2013 – is focused on empowering data operations teams to proactively manage their usage, control costs and optimize data workflows. Xpansion's offerings include Xmon, Xprocess and Xplore, and provide real-time analytics, giving clients unprecedented transparency, visibility and control into their reference data usage. This deal consolidates TRG Screen's unique position as the only provider of enterprise subscription management capabilities spanning the whole spectrum of market data optimization, from spend and inventory tracking, through to usage and enquiry management, exchange reporting and compliance. "Xpansion and TRG Screen have been partners for many years. Bringing Xpansion into the TRG Screen family is a very logical next step for both companies, given our strong relationship and shared view that the industry demand for integrated usage management solutions is going to continue to grow," said TRG Screen CEO Leigh Walters. "Xpansion is an established firm with excellent customer satisfaction and retention, and highly experienced and industry respected leadership. We are very excited at the opportunities this acquisition brings." "We are thrilled to be joining TRG Screen," said Xpansion co-founder and CEO Amjad Zoghbi. "Reference data usage is one of the most complex aspects of market data management, and managing it correctly is essential to maintaining contractual compliance and ensuring clients are right-sizing their usage based on actual consumption and business need. I'm very pleased that Xpansion's customers, and team, will now be part of the best-of-breed solution with the industry's leading provider of market data management solutions." The acquisition demonstrates TRG Screen's ongoing commitment to servicing the needs of market data consumers, vendors and exchanges. Financial terms of the transaction were not disclosed. About TRG Screen TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen's solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan's Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen's product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen. About Xpansion Xpansion delivers next-generation reference data solutions that empower financial institutions to streamline their reference data operations, reduce costs, enhance data quality, and improve data discovery. With a focus on customer satisfaction, continuous innovation and quick time to value, Xpansion is a trusted partner for financial institutions in the buy- and sell-side as well as solution providers in the industry.

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Cloud Infrastructure Management

The Manufacturing Sector Experiences More Attacks in the Cloud than Any Other Industry

PR Newswire: | January 19, 2024

Netwrix, a cybersecurity vendor that makes data security easy, today revealed additional findings for the manufacturing sector from its survey of 1,610 IT and security professionals across more than 100 countries. According to the survey, 64% of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months, which is similar to the finding among organizations overall (68%). However, it turned out that the manufacturing sector experiences more cloud infrastructure attacks than any other industry surveyed. Among manufacturing companies that detected an attack, 85% spotted phishing in the cloud compared to only 58% across all verticals; 43% faced user account compromise in the cloud as opposed to 27% among all industries; and 25% dealt with data theft by hackers in the cloud compared to 15% for organizations overall. "The manufacturing sector relies heavily on the cloud to work with their supply chain in real time. This makes their cloud infrastructure a lucrative target for attackers — infiltrating it enables them to move laterally and potentially compromise other linked organizations, as happened to one the world's top meat processing companies. Credential compromise or malware deployed via a phishing email is just the beginning of the attack," says Dirk Schrader, VP of Security Research at Netwrix. "The attack surface in the cloud is always expanding, so it's critical for manufacturing companies to adopt a defense-in-depth approach," adds Ilia Sotnikov, Security Strategist at Netwrix. "First, they must rigorously enforce the principle of least privilege to limit access to sensitive data, which ideally includes just-in-time access to eliminate unnecessary entry points for adversaries. They also need to gain deep visibility into when and how critical data in the cloud is being used so that IT teams can promptly spot potential threats. Finally, they need to be prepared to minimize the damage from incidents by having a comprehensive response strategy that is regularly exercised and updated." To learn more about security trends, check out the complete 2023 Hybrid Security Trends Report. About Netwrix Netwrix makes data security easy. Since 2006, Netwrix solutions have been simplifying the lives of security professionals by enabling them to identify and protect sensitive data to reduce the risk of a breach, and to detect, respond to and recover from attacks, limiting their impact. More than 13,500 organizations worldwide rely on Netwrix solutions to strengthen their security and compliance posture across all three primary attack vectors: data, identity and infrastructure.

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