Category Archives: Technology: Computer

Computers the new frontier, find out what is new in the Computer World, follow our Press Releases today.

Overland-Tandberg Joins the Active Archive Alliance


Active Archive Alliance

“Active archives are playing a prominent role in long-term digital transformation strategies, providing highly sustainable, long-term data ecosystems and business intelligence.” ~ Betsy Doughty, VP of Corporate Marketing, Spectra Logic, and Co-chairperson of the Active Archive Alliance

The Active Archive Alliance today announced that Overland-Tandberg, a global leader in comprehensive IT solutions, has joined the collaborative alliance of companies that provides end-users with technical expertise and guidance to design and implement modern solutions for data growth challenges and lifecycle management.

“Active archives are playing a prominent role in long-term digital transformation strategies, providing highly sustainable, long-term data ecosystems and business intelligence,” said Betsy Doughty, vice president of corporate marketing, Spectra Logic, and co-chairperson of the Active Archive Alliance. “Overland-Tandberg expands the Alliance’s membership breadth of innovative active archive solutions for scalable business continuity. We are delighted to welcome them to the Active Archive Alliance.”

Vast data volumes, coupled with the opportunity to derive value from that data, are accelerating active archive deployments due to their security, access and availability, cost economies, and environmental advantages. An active archive leverages an intelligent data management layer and enables online access to data throughout its lifecycle regardless of which tier it resides in the storage hierarchy. Active archive file systems span multiple media types, including flash, disk, tape, optical, or cloud (public or private), file, block or object storage systems.

Overland-Tandberg empowers businesses, large and small, to securely manage and protect their digital assets and people, serving over 100+ countries with 5+ million products shipped to organizations worldwide.

“Spearheaded by our proprietary RDX removable media technology, Overland-Tandberg offers an extensive suite of sustainable, scalable storage solutions that ensure business continuity and simplify data protection and archiving operations,” said Tina Brown, COO for Overland-Tandberg. “Our large storage capacity NEO Series tape solutions not only protect digital assets via backup, archive, and disaster recovery. They also stand for ideal solutions for numerous next-generation applications that are rapidly outgrowing their traditional storage infrastructure. We are excited to join an Alliance dedicated to helping IT leaders optimally protect and manage their data throughout its lifecycle.”

Interested in joining other leading active archive solution vendors in advancing modern strategies to solve data growth challenges? Visit the Active Archive Alliance Sponsorship page for more details on how your organization can benefit.

Supporting Resources

More on Active Archive Alliance

DCIG Report: Mitigating Ransomware through Active Archive Solutions

Read our Blog

View our Case Studies

Follow us on Twitter, LinkedIn, Facebook

About Active Archive Alliance

The Active Archive Alliance serves as a vendor-neutral, trusted source for providing end-users with technical expertise and guidance to design and implement modern active archive strategies that solve data growth challenges through intelligent data management. Active archives enable reliable, online and cost-effective access to data throughout its life and are compatible with flash, disk, tape, or cloud as well as file, block or object storage systems. They help move data to the appropriate storage tiers to minimize cost while maintaining ease of user accessibility. Members and sponsors include FUJIFILM Recording Media USA, MediQuant, Spectra Logic, Atempo, ELLKAY, IBM, Integrated Media Technologies, Inc., Iron Mountain, Legacy Data Access, Overland Tandberg, PoINT Software & Systems, QStar Technologies, Quantum, StorMagic, StrongBox Data Solutions, SullivanStrickler, Western Digital and XenData.

###

Media Contacts

IGNITE Consulting, on behalf of the Active Archive Alliance

Meredith Bagnulo

303-513-7494

meredith@igniteconsultinginc.com

Overland-Tandberg

Kevin Brown

408.283.4700

kbrown@overlandtandberg.com

ACTIVE ARCHIVE is the trademark of the Active Archive Alliance. Third party trademarks used herein are the trademarks or registered trademarks of their respective owners used with permission. ©2022 Active Archive Alliance. All rights reserved.

Share article on social media or email:



Doxim Named on the WealthTech100 List of Tech Companies Transforming the Global Investment and Banking Industries


Doxim logo

I’m very proud of Doxim’s continued presence on the WealthTech 100 list. I attribute it to our team’s singular focus on creating client-centric next-generation communication and engagement solutions — Doxim CEO Mike Rogalski

Doxim, the leading customer communications management (CCM) and engagement technology provider serving financial and regulated markets, today announced it has ranked on the prestigious WealthTech 100 list for a fourth consecutive year.

The WealthTech100 list recognizes the world’s most innovative technology solution providers that address the digital transformation challenges and opportunities faced by investment firms, private banks, and financial advisors.

To identify the 100 WealthTech innovation leaders, a panel of analysts and industry experts voted from a list of more than 1,200 businesses. The finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the investment value chain.

“I’m very proud of Doxim’s continued presence on the WealthTech 100 list. I attribute it to our team’s singular focus on creating client-centric next-generation communication and engagement solutions.” said Doxim CEO Mike Rogalski. “The wealth management industry is seeking innovative ways to engage their increasingly digital customer base and to reduce their operational costs. Our Doxim CCM Interactive Video solution specifically targets these needs. Clients can deliver video wealth statements, onboarding, or loyalty communications with the personal touch customers love and respond to – driving improved engagement and conversions, lower support calls, and increased contributions and wallet share.”

FinTech Global director Richard Sachar said, “The rise of digital distribution channels and online financial products has opened new client segments for investment firms and financial advisors. As a result, businesses that fail to keep up with the latest technologies and innovation will be less competitive and lose market share over time. The WealthTech100 list helps senior decision-makers in the industry filter through all the vendors in the market by highlighting the leading companies in areas such as client acquisition, financial planning, portfolio management and digital brokerage.”

About Doxim

Doxim is the customer communications management and engagement technology leader serving financial and regulated markets, providing omnichannel document and payment solutions that transform experiences to strengthen engagement throughout the entire lifecycle. The Doxim Platform helps clients communicate reliably and effectively, improve cross-sell and upsell opportunities, and drive increased loyalty and wallet share through personalized communications and easy-to-use payment processes. The platform addresses key digitization, operational efficiency, and customer experience challenges through our suite of plug-and-play, integrated, SaaS software and technology solutions. Learn more at  http://www.doxim.com

Share article on social media or email:

iBUYPOWER Announces Availability of new Pre-Built Systems in Select Best Buy Stores


The Y60BB2090

iBUYPOWER, a leading manufacturer of high-performance custom gaming PCs, today announced the availability of its new Y60BB2090 system in 111 Best Buy stores across the continental United States.

Housed in the newly announced HYTE Y60, the Y60BB2090 gaming PC is designed to be the center piece of any setup. With a three-part tempered glass front and side panel design on the case users will experience an unobstructed view of their system from any angle. Providing the latest in gaming technology, the Y60BB2090 boasts a vertically mounted NVIDIA RTX™ 3070Ti graphics card, Intel® Core™ i7 12700KF CPU, and Z690 chipset motherboard.

The Y60BB2090 comes equipped with a 240 mm addressable RGB(ARGB) all-in-one (AIO) liquid cooler mounted to the side, one ARGB 120 mm fan at the rear for exhaust and two additional 120 mm non-RGB fans in the floor to keep components running cool during the most taxing hours of gameplay. In addition, the Y60BB2090 features 16GB (2 x 8GB) 3200MHz RGB DDR4 Memory, 1TB NVMe M.2 SSD, and 750W 80 Plus Gold power supply (PSU).

Pricing and Availability

The iBUYPOWER Y60BB2090 is available for purchase, immediately, in select Best Buy stores across the continental United States and online at BestBuy.com for a starting MSRP of $2,049.99.

Webpages

To learn more about the iBUYPOWER Y60BB2090, please visit: https://bit.ly/3jHbac6

About iBUYPOWER

Since 1999, iBUYPOWER has embodied its core beliefs of Perseverance, Unity, Strength, and Ambition, to deliver on its promise to build the best gaming systems for the most discerning gamers. Even in a time when PCs were not as ubiquitous as they are today, we fueled the passion for gaming by giving our customers the highest quality in custom built computers. Our systems have since become the backbone for professional gamers, game developers, LAN centers, major esports tournaments, collegiate esports, and everyday consumers. iBUYPOWER has worked intimately with brands such as Intel, NVIDIA, AMD, Microsoft, WD, ASUS, Bethesda, MLG and many more. Superior performance, reliability, cutting edge technology and timely production make iBUYPOWER the authority in PC gaming.

Share article on social media or email:

FCI Expands Co-Managed Cybersecurity Solutions for Enterprises in Financial Services


https://fcicyber.com/

FCI takes a unique approach in working with Enterprises where we protect your current investment, and then fill security gaps with best-of-breed solutions and expertise. This approach reduces overall cyber risk.

FCI is pleased to announce an expanded offering for Enterprises with deeper Co-Managed Cybersecurity capabilities. New realities call for new models. FCI partners with Enterprises, their internal IT teams, and MSPs to define custom cybersecurity solutions that augment and adapt to teams’ skill sets while leveraging existing systems, processes and practices.

Working successfully with Tier 1 Financial Services firms, FCI co-manages cybersecurity with Enterprise teams to enhance setting controls to align with cybersecurity regulations. This approach allows for better interactions with insurers and authorities. It is important to avoid getting caught up with the latest shiny object in the room (fixing the threat of the moment). FCI takes a holistic view of cybersecurity that encompasses a full range of critical cyber services implemented cooperatively with existing resources. This decentralized, utilitarian approach has built-in checks and balances for all types of threats. In this integrated offering, redundancy is automatically built into the system. If any one system is compromised, other systems in the NIST-based ecosystem can detect potential threats. Call it value-added security.

In the Gartner 2021 CIO Agenda Survey, cybersecurity currently ranks as the number one item for new technology spend. Gartner analysts state, “The strong growth rate reflects continuing demand for remote worker technologies and cloud security. With the opening of new attack surfaces due to the shift to remote work, cybersecurity continues to increase. 61% of respondents are increasing investment in cyber/information security.”

FCI CEO Brian Edelman adds, “FCI takes a unique approach in working with Enterprises where we protect your current investment, and then fill security gaps with best-of-breed solutions and expertise. This approach reduces overall cyber risk. We harden what’s there, provide structure, process and automation to environments, as required, for complete compliance.” The premise behind the Co-Managed solution:


  • Protect Past Investments
  • Harden Web Apps & Cloud Environments
  • Establish Clear Roles & Responsibilities
  • Design Custom & Holistic Cyber Ecosystem

About FCI Cyber

FCI is a NIST-Based Managed Security Service Provider (MSSP) offering Cybersecurity Compliance Enablement Technologies & Services to CISOs and security personnel of Financial Services organizations with prescriptive cybersecurity regulatory requirements. FCI blends best-of-breed technologies, cybersecurity best practices, expertise, and innovation to perform Security Assessments and deliver cloud-based Managed Endpoint and Network Protection. http://www.fcicyber.com

Share article on social media or email:

SoftIron Adding Roles for Open Source Development as CTO Office Expands


SoftIron HyperDrive Storage Rack

SoftIron HyperDrive Storage Rack

SoftIron’s commitment to open source is fundamentally about our commitment to the needs of our customers. We see open source as a way to offer flexibility and the freedom to scale for our customers while ensuring that their needs are at the center of our own development.

SoftIron Ltd., the leader in purpose-built and performance-optimised data centre solutions, today announced the expansion of its CTO office as it realigns internally and expands into new engineering roles. Kenny Van Alstyne, Chief Technical Officer for SoftIron, says the development reflects SoftIron’s desire to expand its patent portfolio and intellectual property while deepening its engagement with the open source communities through high-level strategic engineering initiatives. The company is looking for engineers who are passionate and dedicated to the open source ethos and in developing sophisticated software that makes a meaningful impact.

The first two projects that will benefit directly from the work of this expanded engineering team will be software-defined storage project Ceph and software-defined data centre switching project SONiC.

“SoftIron’s commitment to open source is fundamentally about our commitment to the needs of our customers, where scalability is a critical vulnerability for them as they invest in sizable infrastructures that can lock them into untenable situations,” said Van Alstyne. “We see open source as a way to offer flexibility and the freedom to scale for our customers while ensuring that their needs are at the center of our own development. Rather than adding more responsibility to existing engineers, we envision a role in which internal engineering advocates can spearhead deeper product integrations that directly respond to our customers’ needs. These feature developments will ultimately become valuable contributions to the code of the respective projects they are involved with.”

“There’s a serious problem in the data infrastructure industry right now in that software-defined infrastructure has led to a place where there’s an idea that the hardware doesn’t matter – which we prove every day is not the case,” said Phil Straw. “Data collection is increasingly being pushed out of central facilities and toward the edge where the data is generated. SoftIron’s specialised hardware, operating in concert with open source packages, enables these highly demanding computing environments to scale and function at high capacity and relatively lower costs. We are working with some of the largest organisations utilising these open source tools at scale, which supports us with a great vantage point to lead as we contribute back and bring new enhancements that enrich these open source projects and their respective communities.”

SoftIron operates from several geographically dispersed facilities, employing a primarily remote workforce to service its global customer base. SoftIron currently operates across the United Kingdom, the United States of America, Germany, the Czech Republic, Australia, and New Zealand and a newly incorporated facility in Singapore. SoftIron Limited, established in 2012, the group’s parent company, is headquartered in London.

For more information on SoftIron’s task-specific design built around open source software, please visit https://softiron.com/choose-softiron/task-specific-design/.

About SoftIron®

SoftIron makes the products that underpin the next evolution of IT infrastructure.

Our blueprint is radical. Taking full control over design and manufacture of platforms optimised for selected open source software, our highly integrated products reduce space and energy footprints while delivering extraordinary performance. Challenging traditional IT manufacturing and organisational strategy, we’ve developed a model that enables us to create a more resilient and connected business for the customers we serve. A commitment to openness, transparency, and simplicity helps address emerging multi-faceted threats while eliminating the vendor “lock-in” so common elsewhere. IT leaders mindful of the pain of proprietary technologies, increasing cloud and energy costs and growing skills gaps understand that solving these challenges needs a holistic approach that only an integrated technology company can achieve. For more information, visit https://softiron.com/?utm_source=Press%20Release&utm_medium=Press%20Release&utm_campaign=boilerplate&utm_term=boilerplate&utm_content=boilerplatehttp://www.SoftIron.com

Share article on social media or email:

Davinci Virtual Office Solutions Celebrates 16 Years of Workspace Innovation and Success!


Davinci, the largest global provider of virtual office solutions, is celebrating 16 years of flexible workspace industry leadership and growth. The company was founded in 2006.

Customers can choose from over 5,500 prime business addresses, mail forwarding services, incorporation services, live receptionist products as well as rent any of Davinci’s 25,000+ meeting spaces and short-term offices – in every major United States city and in over 150 countries worldwide.

“We reflect very proudly on Davinci’s past 16 years of industry leadership. Despite unpredictable challenges affecting the global economy, Davinci continues to grow and succeed. Our virtual office products have become even more critical to businesses worldwide,” said Coco Quillen, President of Davinci. “Companies of any size have now embraced remote and hybrid workstyles which clearly has propelled the need for flexible workspace solutions,” Quillen added.

Today, Davinci powers over 50,000 remote workers, small businesses and enterprise companies with professional, cost-effective virtual office products throughout the U.S., Canada, Europe, Central America, Africa, Asia and Australia.

For more information, please visit http://www.davincivirtual.com or http://www.davincimeetingrooms.com contact us at 888-863-3423.

About Davinci Virtual Office Solutions:

Davinci offers virtual office locations and virtual office services worldwide. With professional business addresses in almost 5,500 prime locations, mail forwarding, lobby and directory listings, incorporation services, access to conference rooms and day offices, catering, administrative services, virtual assistants, live receptionist services, business support centers, resident agent services, license hanging and more, Davinci Virtual helps businesses maintain a global presence on a local budget.

DavinciMeetingRooms.com is a comprehensive online reservation platform for business, providing access to over 25,000 conference rooms, day offices, meeting spaces and business support services around the globe. Users can book professionally equipped meeting rooms, as well as critical add-on services such as LCD projectors, video conferencing, wireless Internet access, catering services and secretarial support.

Share article on social media or email:

Aparavi Launches Version 2.0 of its Data Intelligence Platform, Challenging Status Quo in Unstructured Data Management


Aparavi Logo

Aparavi Logo

Organizations should always know what data they are ingesting into any tool or storage destination, otherwise they risk wasting time and money on redundant, obsolete and trivial information.

APARAVI®, the trusted disruptor in unstructured data management, today announced a major new release of its award-winning data intelligence platform. Aparavi 2.0 provides enterprises with unrivaled visibility and control over their unstructured datasets, removing the need for additional layers of technology and bureaucracy many organizations currently implement.

Developed to challenge the status quo in data management, where the limitations of existing technologies prevent organizations from maximizing value, Aparavi 2.0 gives users the ability to address the major costs created by the exponential growth of unstructured data in a timely fashion with its quick install and integration into their existing data infrastructure and cloud storage no matter where it lives. With the ability to identify and move data between different sources and targets regardless of location and vendor, organizations can build a data management strategy that gives them comprehensive command and control over their unstructured data.

Automated data actions allow Aparavi 2.0 users to integrate workflows and build policies to manage sophisticated data classification needs to quickly meet their service level agreements. Users can leverage integrated connections with an industry-wide ecosystem of storage vendors for long term data archival, to reduce cost and can be managed within vendor agnostic Aparavi Platform.

This provides a focal point to address key organizational requirements across data intelligence, compliance and retention. As a result, customers get to ‘know their data’ via a single pane view of all their sources and across all their assets.

The solution has been built to address the challenges and exponential costs created by the daily rise of unstructured data, which is hard to sort, read or understand without humans opening each file. To store this ‘dark data’, organizations typically invest in additional infrastructure or cloud storage that adds significantly to their costs and increases the potential of exposure to cybersecurity breaches and ransomware attacks.

“While we see value in many of the existing tools that users have, many are not used in the way they should be,” commented Aparavi Founder and CEO, Adrian Knapp. “In particular, organizations should always know what data they are ingesting into any tool or storage destination, otherwise they risk wasting time and money on redundant, obsolete and trivial information. Aparavi helps customers avoid this costly scenario because users know what unstructured data they have before they move it, also enabling them to move it to the ideal destination for the correct use case and the appropriate amount.”

About Aparavi Software Corporation

Aparavi is the trusted disrupter in unstructured data management, helping organizations find and unlock the value of data, no matter where it lives. Aparavi is a SaaS platform with deep intelligence that rapidly discovers, automatically classifies, and optimizes highly distributed data to mitigate risk, reduce costs and exploit data value. Aparavi ensures secure access for modern data demands of analytics, machine learning, and collaboration, connecting business and IT to transform data into a competitive asset. Aparavi is a privately funded company headquartered in Santa Monica, Calif. For more information, visit aparavi.com, and stay informed by following Aparavi on LinkedIn and Twitter.

Share article on social media or email:



Zomentum Sales Acceleration App, Now ‘Zomentum Grow,’ Expands with Discovery Engine


“…By adding a SaaS discovery engine to (Zomentum Grow), we’re removing the friction that comes with quickly identifying and onboarding into new partner programs — a hurdle that stalls sales and keeps SMB clients from the best solutions for their needs.”

Zomentum, creators of the first intelligent Revenue Platform for technology partners, announced today that it is rebranding its flagship sales acceleration application as Zomentum Grow. The news comes several months after the acquisition of Goolash, a license reconciliation and automated billing solution, which was recently renamed Zomentum Connect.

Zomentum Grow, which is part of the company’s Revenue Intelligence Platform, is also expanding its capabilities to include a software-as-a-service (SaaS) marketplace. Aptly named Discover, it enables tech partners to find SaaS solutions to meet the needs of their small and medium (SMB) clients.

The addition of Discover to Zomentum Grow adds to the end-to-end functionality of the sales acceleration application, which combines several tools in one. Technology partners can effectively drive sales through the application’s seven modules, which enable them to:


  •     Assess how to deliver value by identifying client gaps
  •     Discover innovative SaaS solutions to recommend
  •     Design professional quotes and proposals
  •     Convert deals with activity management
  •     Automate tedious sales tasks
  •     Analyze team progress and pipeline health
  •     Expand revenue streams with QBRs

The new Discover marketplace enables technology partners to find, sign up and recommend new SaaS solutions. Sourcing new solutions and adding them to sales proposals in Zomentum Grow is seamless.

“In the Zomentum Revenue Platform, partners can create quotes and proposals for a variety of services and send them to their end customers for approval within minutes,” said Zomentum CEO Shruti Ghatge. “By adding a SaaS discovery engine to our sales application, we’re removing the friction that comes with quickly identifying and onboarding into new partner programs — a hurdle that stalls sales and keeps SMB clients from the best solutions for their needs.”

With the Zomentum Grow sales acceleration app, on average, tech partners can create documents 70 percent faster and close twice as many deals with a 600 percent increase in deal value.

Partners interested in leveraging the new Zomentum Grow can sign up for an account at http://www.zomentum.com/demo/grow. Mention promo code WELCOMESPRING30 and get 30 percent off. The offer ends soon.

About Zomentum

Founded in 2018, Zomentum delivers the world’s first Revenue Platform for technology partners. Zomentum’s revolutionary end-to-end platform consolidates numerous tools while enabling technology partners to earn, grow and manage revenue quickly and cost-effectively. Thousands of partners across America, Europe and Australia trust Zomentum to accelerate the growth of their businesses. The Zomentum Revenue Platform fuels IT sales revenue of $500 million a year and counting. Zomentum is based in San Francisco, with offices in the U.S. and India. The company is backed by leading investors, including Accel Partners, Elevation Capital, Green Oaks Capital and Eight Roads Ventures. Learn more at http://www.zomentum.com or follow us on LinkedIn, Twitter, or Facebook.

Share article on social media or email:

Reinvent Telecom Releases Message-Enabled SIP Trunking for Zultys & 3CX PBXs


Reinvent Telecom Releases Message-Enabled SIP Trunking for Zultys & 3CX PBXs

Reinvent Telecom Releases Message-Enabled SIP Trunking for Zultys & 3CX PBXs

“Message-Enabled SIP Trunking opens up a new revenue opportunity for our private-label partners, allowing them to capitalize on what is becoming a standard element within a business’ communication solution.”

Reinvent Telecom, a provider of private-labeled unified communications, SIP Trunking, Direct Routing for Microsoft Teams and contact center as a service solutions, announced today at the Channel Partners Conference & Expo in Las Vegas, a new SIP Trunking solution that supports two-way business messaging traffic on Zultys and 3CX PBXs with messaging clients.

“The use of SMS messaging is the standard for communication in 2022,” said Jeff Kramarczyk, Director of Product Management at Reinvent Telecom. “Its rapid adoption among businesses is driving PBX providers like Zultys and 3CX to develop and integrate messaging clients into their solutions. However, these PBXs need a way to carry this two-way traffic across networks. That’s where our Message-Enabled SIP Trunking solution comes in.”

Reinvent’s Message-Enabled SIP Trunking handles inbound and outbound short messaging service (SMS) on a range of business numbers, including DIDs, 10DLC and toll-free, with the ability to support multimedia messaging service (MMS) as it becomes available within the PBX client.

“Message-Enabled SIP Trunking enables businesses to interact instantly with their customers, which is ideal for handing sales inquiries and customer support in our digital-first world,” said Kramarczyk. “Texting is more convenient than phone or email, and it’s increasingly preferred by customers in both B2C and B2B environments.”

Reinvent’s private-labeled Message-Enabled SIP Trunking service offers value-added resellers (VARs) and managed services providers (MSPs) the ability to enable business messaging for their customers that are using Zultys and 3CX PBXs.

“We’re excited to deliver this solution to MSPs and resellers who sell or support Zultys and 3CX PBXs,” said David Ansehl, Director of Wholesale Channel at Reinvent Telecom. “Message-Enabled SIP Trunking opens up a new revenue opportunity for our private-label partners, allowing them to capitalize on what is becoming a standard element within a business’ communication solution. We look forward to continued expansion of this capability to encompass additional PBXs in the near future.”

Reinvent’s Message-Enabled SIP Trunking is available immediately through Reinvent’s private-label partner program. For more information or to schedule a demo, visit http://www.reinventtelecom.com/solutions/sip-trunking/.

Partners can learn more about Reinvent’s Message-Enabled SIP Trunking and Reinvent’s private-label partner program by visiting Booth 1755 at the Channel Partners Conference & Expo, April 11-14, at the Venetian Resort, Las Vegas.

Zultys and 3CX resellers can private label Reinvent’s Message-Enabled SIP Trunking with zero volume or term commitments. Contact Reinvent Telecom at https://reinventtelecom.com/company/contact/ or for new partner inquiries, please call 888.704.7346 or email sales@reinventtelecom.com.

About Reinvent Telecom 

Reinvent Telecom, a division of Saddleback Communications, operates a private-label communications platform that empowers its wholesale partners to transform their businesses into next-generation cloud-based communications service providers. Reinvent enables its wholesale partners to deliver reliable, high-quality Unified Communications as a Service (UCaaS), Conferencing & Collaboration, Contact Center as a Service (CCaaS) and SIP trunking services. Reinvent’s solutions are all built on the proven platform from Metaswitch, a global leader in communications network software technology, and backed by Saddleback Communications, a stable, profitable Incumbent Local Exchange Carrier and a wholly-owned enterprise of the Salt River Pima-Maricopa Indian Community (SRPMIC). Reinvent’s powerful turnkey solution is managed from quote to compensation through its proprietary Reinvent Partner Portal (RPP), enabling its wholesale partners to generate revenue quickly and build a successful cloud voice business while keeping full ownership and control of their customers. For more information, visit us at http://www.reinventtelecom.com or call 855.455.7346.

Share article on social media or email:

HYPR Doubles Annual Recurring Revenue and Accelerates Customer Adoption in Financial Services


HYPR

HYPR, The Passwordless Company™, today announced another record-breaking year with stellar growth across annual recurring revenue (ARR), customer acquisition, workforce expansion and overall company investment following its Series C $35 million financing. During its fiscal year ending February 2022, HYPR doubled its ARR and grew its customer base, signing new clients in traditional sectors such as banking and insurance, in addition to expanding into new markets.

2021 saw the highest number of breaches and the largest year-over-year increase to date, with a 68% increase in comparison to 2020. According to Verizon’s recent Data Breach Investigations Report (DBIR), credentials were the leading breach type, taking up 61% of the total. Despite the increase, only 35% of organizations believe their current authentication solution is fully secure and fewer than 16% have deployed an MFA solution that eliminates shared secrets and supports a strong Zero Trust strategy, according to HYPR’s 2022 State of Passwordless Security report. With the standardization of remote work, regulatory pressures for Zero Trust initiatives, and the prolificacy of cyber-attacks, organizations are prioritizing authentication as part of their security framework – and more specifically, adopting FIDO-based methods, the gold standard in passwordless multi-factor authentication (MFA) set by CISA and OMB.

“2021 was monumental for HYPR. We expanded our market visibility, grew our business and made significant inroads in debunking passwordless myths and misconceptions,” said Bojan Simic, co-founder, CEO and CTO of HYPR. “We see these milestones as a sign of evolution – not just of our business, but of the overall authentication market. We have the tools, resources and momentum to kickstart the next stage in our journey towards fixing the way the world logs in.”

Customer Growth and Vertical Expansion

HYPR’s $35 million Series C investment with Advent International and its go-to-market acceleration fueled the company’s growth in 2021. In 4Q21, HYPR recorded rapid growth in passwordless authentication, nearly doubling its customer base, with the financial sector representing 150% of said growth. The company currently works with global enterprises across multiple verticals, including two of the four major U.S. financial institutions and several organizations in the banking sector, arguably the most at-risk market. Additionally, HYPR announced it was selected by Aon, a leading global professional services firm, to roll out HYPR’s True Passwordless™ MFA solution to its approximately 50,000 employees. Aon joins long-standing customer Aetna CVS Health, who also shared a significant milestone: achieving a 98% reduction on account takeover fraud (ATO) and in investigation and incident response costs totaling millions of dollars, as a result of deploying HYPR’s passwordless MFA. HYPR also executed the rollout of phishing-resistant MFA in more than 200 countries, supporting one of the world’s largest manufacturing conglomerates.

HYPR expanded its presence beyond traditional sectors, partnering with customers in agriculture, auto and manufacturing, utilities, hospitality and tourism, and nonprofit. The company also broadened its global reach, securing new enterprise customers in EMEA, including financial institutions in Poland and Switzerland.

Partnerships and Global Accreditations

HYPR continues to leverage its partnerships and global ecosystem to deliver passwordless MFA to businesses of all sizes. Since the launch of the Velocity Partner Program, HYPR has tripled the number of signed members, and in 2021 alone, saw a 187% year-over-year growth in deals closed with its partnering vendors, generating an increase of more than 260% in ARR. With its ongoing success, HYPR plans to launch its Certification Program for Sales and Solution Delivery later this year, as part of the Velocity Program. This will further provide partners with the tools and enablement training to become FIDO-based phishing-resistant MFA experts.

The company also obtained its System and Organization Controls (SOC 2) Type II certification and three International Organization for Standardization (ISO) certifications adhering to cloud service security (ISO27001, ISO27017) and privacy (ISO27018) requirements. The accreditations followed HYPR’s invitation to join Microsoft Intelligent Security Association (MISA), a consortium of experts from across the cybersecurity industry.

Organizational Leadership and Workplace Excellence

HYPR appointed long-serving Goldman Sachs executive Michele Docharty to its Board of Directors. As a highly respected leader in financial services and a strong supporter of diversity initiatives, Michele will work alongside HYPR to drive market maturity and serve as an advocate and advisor on the company’s Diversity, Equity and Inclusion efforts. HYPR also welcomed Jay Roxe as CMO and officially named HYPR founders Bojan Simic as CEO and Roman Kadinsky as President and COO.

HYPR continues to focus on advancing the company forward by investing in its workforce. As a result, the company has expanded its team across all areas of the business, increasing headcount by 107% over the last year, in addition to being recently named by BuiltIn as one of the best midsize companies to work for in NYC.

For more information on HYPR, visit https://www.hypr.com.

About HYPR

HYPR fixes the way the world logs in. HYPR’s True Passwordless™ Multi-Factor Authentication (PMFA) platform eliminates the traditional trade-off between security and user experience by providing uncompromising assurance and consumer-grade experience.

By eliminating the password, organizations decrease the risk of a cyberattack, improve the user experience and lower operational costs. HYPR is trusted by more than 60 million users worldwide, including two of the top four US banks and a Fortune 10 healthcare company.

Welcome to The Passwordless Company®. Additional information is available at https://www.hypr.com

Share article on social media or email: