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Editorial Staff

D2iQ Launches GitOps Platform Dispatch

March 6, 2020 by Editorial Staff

Enterprise-grade cloud platform D2iQ announces new GitOps platform to accelerate continuous integration and delivery of cloud native applications.

Software engineering teams are under constant pressure to deliver new features quickly and organizations are struggling to reduce complexity and accelerate the development and delivery of new application capabilities.

According to D2iQ, Dispatch delivers a number of benefits to address these issues across three core categories, including;

  • Developer Empowerment: Dispatch empowers developers with a single-pipeline solution that builds anywhere, without requiring configuration changes. By providing a powerful, easy-to-use build orchestration tool, multiple declarative languages to configure pipelines and personal development environments, Dispatch increases productivity enabling developers to independently manage their pipeline, without central teams slowing them down.  This significantly enhances the developer experience.
  • Operational Freedom: With GitOps code repositories for the configuration of a Kubernetes cluster, application or other infrastructure, Dispatch provides operators with the flexibility to make localized pipeline changes without affecting the global state of the system, while also empowering operators to validate without user impact. Dispatch also provides operational freedom over a variety of target environments and can be deployed locally or on private/public cloud Kubernetes, standardizing the CI/CD process across the organization. While Dispatch can run independently of other D2iQ products, the platform is optimized to run on D2iQ Konvoy, providing immediate benefit to customers when the solutions are deployed together.
  • Cloud Native Foundation: Dispatch is built from the ground up with open-source cloud native technologies, enabling developers to take advantage of the feature-rich infrastructure. This infrastructure allows developers to seamlessly integrate their underlying Kubernetes features into their build while providing choices to improve their specific platform over time as new technologies advance.

Filed Under: News Tagged With: Cloud, DevOps

Corevist Scores $2.8M in Series A Funding from NC-based Jurassic Capital

March 6, 2020 by Editorial Staff

Funding VC CXO Spectrum

Corevist, a provider of eCommerce integrated to SAP ERP today announced $2.8M in Series A funding from Durham-based Jurassic Capital.

Corevist aims to make B2B eCommerce accessible to manufacturers whose businesses run on SAP ERP. Offering prebuilt, configurable SAP ERP integration as part of their cloud-based eCommerce platform, Corevist takes out the largest risk which SAP manufacturers face when launching B2B eCommerce.

The company, which is a four-time Inc. 5000 winner, offers the cloud-based eCommerce solution, Corevist Commerce, which processes over $1 billion in annual transactions on behalf of global manufacturers.

Corevist will use the funding to accelerate Corevist’s growth, which has averaged an impressive 30% per year over 12 years – all without outside funding.

Filed Under: Funding, Funding, News Tagged With: ecommerce, Funding

IDC Forecasts ICT Spending to Reach $4.3 Trillion in 2020

March 6, 2020 by Editorial Staff

International Data Corporation predicts worldwide spending on information and communications technology will reach $4.3 trillion in 2020. This increase of 3.6% over 2019 includes commercial and public sector spending on information technology (hardware, software and IT services), telecommunications services, and business services.

Telecom services will represent more than one third of all ICT spending in 2020, the largest category at more than $859 billion, followed by fixed telecom services.

IDC anticipates consumer ICT spending will grow at a slower rate of 0.7% CAGR. Mobile telecom services and devices purchases will be the primary driver of consumer spending.

The research agency identifies 4 industries – banking, discrete manufacturing, professional services, and telecommunications – as delivering 40% of all commercial ICT spending in 2020.

Filed Under: IT Strategy, News Tagged With: Digital Transformation, IT Strategy

Online Payment Fraud Attempts Increased by 73% Last Year

March 5, 2020 by Editorial Staff

According to new research from digital trust and safety solution provider Sift, cyber criminals have been quite adept at exploiting vulnerabilities in digital payments and business, leading to an explosion in fraudulent attempts over the last year.

The company’s research, the Digital Trust & Safety Index, examines how fraudsters target online businesses, what platforms and payment types they’re using, when they most frequently strike, and other patterns unearthed by examining Sift’s global data network of more than 400 billion events per year.

Other key findings include:

  • Credit cards are not the most commonly used payment type associated with fraud, which are used less frequently than promotions and coupons, cryptocurrency, digital wallets, and “pay with cash” options
  • Fraudulent order values are roughly 3X the price of legitimate purchases on average
  • The largest attempted purchase on Sift’s platform in 2019 was for a $1M video game power-up
  • Payment fraud attempts are at their highest during the summer months.
  • Saturdays had the highest instances of payment fraud attempts of any day of the week.

Filed Under: News Tagged With: Fintech, Security

Error Monitoring SaaS Provider Rollbar Closes $11M in Series B Funding

March 4, 2020 by Editorial Staff

With an aim of delivering an automated error response platform to deploy software, identifying, prioritizing and resolving coding errors, the Series B will assist Rollbar as it manages global growth.

Runa Capital led – and its Dmitry Galperin will gain a board seat – with participation from Long Light Capital and Blossom Street Ventures and existing investors Cota Capital, Bain Capital, and Patagonia Capital.

CEO and Co-Founder Brian Rue shared on the Roller blog, “We understand that the best software companies iterate quickly. And that’s what we help organizations do. We’re planning to use our funds to double the team over the year and hire across all functions, including product, sales, marketing, engineering, and across all our current locations (San Francisco, Budapest, and Barcelona). We’ll continue our focus on product development while improving our customer experience and support.”

Filed Under: Funding, Funding, News Tagged With: DevOps

Cloud and Data Center Services Provider Lume Lands $4.3M in Funding

March 4, 2020 by Editorial Staff

In more cloud news, Atlanta-based Lume, announced today a funding round of $4.3 million.

The funding round was led by Colorado-based BaseCamp Capital LLC, a Colorado-based private equity group. In addition to BaseCamp, several individual executives participated in the round, including:

  • John Schanz, former EVP and Chief Network Officer at Comcast
  • Joe Wetzel, former Earthlink President and COO
  • Mark Mendes, former senior executive at Cisco/BroadSoft
  • Octavio Morales, founder of TierPoint

Lume plans to use the funding to grow its customer base for its Cloud Anyware and edge data center solutions. Current Lume customers include Resolution Economics, Intuitive IT Solutions, EpiGrid, KOA, and NJUNS Inc.

Basecamp’s portfolio includes real estate, tech, telecom, outdoor industry and others.

Filed Under: Funding, Funding, News Tagged With: Cloud, Funding

Verizon Finds Majority of Companies Aware They’re Sacrificing Security for Efficiency

March 3, 2020 by Editorial Staff

In its 2020 Mobile Security Index, Verizon found that 54% of companies were less confident about the security of their mobile devices than other systems.

With an increase in mobile security breaches, it’s not really a surprise that mobile would be a growing concern for IT teams. And self-awareness doesn’t seem to be the problem, as 43% percent of organizations admitted to sacrificing mobile security to meet deadlines or productivity targets.

Other key findings:

  • Fifteen percent of enterprise users (18% in the U.S.) encountered a mobile phishing link in Q3 2019.
  • Twenty-one percent of organizations that were compromised said that a rogue or unapproved application had contributed to the incident.
  • The number of insecure Wi-Fi hotspots an average device connects to each day (per Wandera)
  • Only 43% said that they limit their employees to using apps from an official app store or one owned by the company
  • Thirty-one percent of IoT respondents admitted to having suffered a compromise involving an IoT device.

Filed Under: News, Security Tagged With: Mobile, Security

Cloud Governance Provider OpsCompass Lands $6.78M in Series A

March 3, 2020 by Editorial Staff

Funding VC CXO Spectrum

OpsCompass, with offices in Nebraska, Minnesota, and Illinois, has secured its Series A funding, led by Elsewhere Partners with participation from Dundee Venture Capital, Invest Nebraska, M25, Nelnet, and Nebraska Angels.

The company provides an enterprise SaaS product for operational control, visibility, and security in and across cloud platforms including Microsoft Azure, AWS, Office 365, and Google Cloud.

On the funding, OpsCompass CEO Manny Quevedo said, “We’ve seen significant interest in our product from security services, cloud management providers, and the leading cloud services themselves. Our clients are moving critical workloads into multi-cloud environments and require enterprise-grade solutions reinforced by ongoing R&D and clear product evolution.”

Filed Under: Funding, Funding, News Tagged With: Cloud, Funding

Pindrop Demonstrates Rising Risk of Voice Deepfakes, Releases Deep Voice 3

March 3, 2020 by Editorial Staff

At RSA, the global security company that uses AI for IVR Authentication and Anti-Fraud Solutions, announced the launch of Deep Voice 3, the new version of its market-leading voice recognition technology.

The biometric industry has been quick to develop improvements in voice-based speech recognition solutions given the rapid developments in deepfakes. Not only are video deepfakes a concerns, but there’s also been an alarming increase in voice deepfakes.

Pindrop aims to combat these attacks with Deep Voice 3, which is built on advanced machine learning and deep neural networks. The solution is designed to accurately recognize the voice of callers at a contact center with less speech, resulting in faster authentication, a smoother customer experience with higher enrollment, and a contact center that is both more efficient and secure. 

Pindrop anticipates GA of Deep Voice 3 in Q1.

Filed Under: News, Security Tagged With: AI, Security

Verint a Leader in Gartner’s Magic Quadrant for Workforce Engagement Management

February 27, 2020 by Editorial Staff

Few businesses can claim being positioned as a “Leader” in Gartner’s Magic Quadrant. Customer engagement giant Verint has done it – for the twelfth year in a row.

Verint was also recently named the winner in 2020 CRM Watchlist, an annual evaluation conducted by Paul Greenberg, President of the 56 Group, LLC and author of The Commonwealth of Self Interest: Business Success Through Customer Engagement.

About the Magic Quadrant, President Elan Moriah said, “We believe this recognition continues to validate Verint’s commitment to WEM. We have a proven track record of continuously innovating in ways that deliver business impact to our customers and the market at-large.”

Filed Under: IT Strategy, News Tagged With: AI, BI, CX, CXO

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