Guidewire Cyence for Cyber incorporates new Exposure Signal for Remote Desktop Protocol, helping insurers make better informed underwriting decisions, and offer customers the ability to reduce risk exposure
SAN MATEO, Calif.-Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced a new Remote Desktop Protocol (RDP), Exposure Signal, for its Guidewire Cyence for Cyber product. Cyberattacks against Internet-exposed RDP servers are surging, and Exposure Signal is designed to detect on-demand whether a company’s RDP has been exposed to the internet and a potential cyberattack.
The new capability provides actionable insights that enable underwriters to develop a more comprehensive assessment of enterprise susceptibility to attack, leading to the ability to price risk appropriately and avoid adverse risk selection. In addition, Exposure Signal empowers insurers to inform their customers of a potential cyberattack so that they can take action to reduce their risk exposure by taking preventative or remediation measures.
RDP is a remote desktop solution that comes pre-installed on all Windows PCs, and is a key component of enabling remote work, which has increased dramatically since the outbreak of COVID-19. According to analysis by cybersecurity researchers at McAfee, there has been a spike in RDP ports facing the open Internet, growing from around three million in January to more than four and a half million in March.
“The RDP Exposure Signal’s insights can be very useful in driving underwriting decisions. In addition, actionable steps can be taken to reduce risk. It’s a win-win,” said Roger Arnemann, general manager and senior vice president, Analytics, Guidewire Software. “Insurers can quote the prospective customer, contingent on the finding being fixed, which gives the insured the incentive to act because it improves their cybersecurity posture and they get a better rate.”
As a leading platform provider for the P&C insurance industry that specializes in helping customers assess cyber risk, Guidewire is uniquely positioned to quickly add new exposure signals that are correlated to cyber risk. “Guidewire Cyence for Cyber (via the new Exposure Signal addition), can detect whether a company’s RDP has been exposed to the public internet, leaving those companies open to cyberattack,” said Paul Mang, chief innovation officer, Guidewire Software. “Exposure Signal is a very innovative and forward-thinking addition to our cyber data model that will benefit insurers and their customers.”
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001006027/en/
Contacts
Diana Stott
Director, Communications
Guidewire Software, Inc.
+1.650.356.4941
dstott@guidewire.com
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Saturday, October 3, 2020
Guidewire Announces New RDP Exposure Signal to Assess Growing Cyber Threats
ABB Enhances Portfolio of High-Speed Industrial Robots With Codian Acquisition
Strategic buy builds on industry-leading food and beverage, pharmaceutical and logistics portfolio
ZURICH-Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ offering includes a hygienic design line, ideal for hygiene-sensitive industries including food and beverage and pharmaceuticals. With the transaction, ABB is accelerating its engagement in the growing field of delta robots.
Codian Robotics is located in Ede, Netherlands and employs 20 people globally. The company will continue to serve its customers directly. The acquisition was signed and closed on October 1, 2020 and both parties agreed not to disclose any details regarding the purchase price.
“Our acquisition underscores our focus on breakthrough technology, helping our customers to fully realize the potential of automation and increase their flexibility in a rapidly changing business landscape,” said Sami Atiya, President of ABB Robotics & Discrete Automation. “Codian Robotics’ technologies and industry expertise are the perfect addition to our suite of food and beverage, pharmaceutical, service robotics and logistics solutions, while also supporting ABB’s machine-centric robotics offering.”
“Over the years, we have developed an extensive product portfolio. ABB’s impressive global presence and industry expertise will help us make our portfolio available globally. I am looking forward to working together to write the next chapter of our success story,” said Freek Hartman, Founder of Codian Robotics.
While today the majority of robots in the food and beverage industry are not designed for touching food, Codian Robotics’ portfolio includes a hygienic design that allows safe, open food processing.
“There is a strong need for pick and place robots that ensure high hygienic standards, accelerated by the COVID-19 pandemic. Our food and beverage, pharmaceutical and logistics customers are particularly interested in the potential of automation, enabling supply chains to continue to function, while protecting employee welfare,” added Atiya.
In the future, ABB will be able to provide its customers with a broader range of delta robots and integrated solutions from a single source, contributing to ABB’s machine-centric robotics strategy which integrates machine automation and robot control into a single platform.
Hans Wimmer, President of ABB’s Machine Automation division and Managing Director of B&R, said: “With Codian Robotics we are acquiring one of the world’s most successful suppliers of delta robots with an extraordinary track record in the machine builders’ sector. In the future, we will be able to offer our customers fully integrated solutions – globally and for all industries.”
ABB Robotics & Discrete Automation is a pioneer in robotics, machine automation and digital services providing innovative solutions for a diverse range of industries, from automotive over electronics to logistics. As one of the world’s leading robotics suppliers, we have shipped over 400,000 robot solutions. We help our customers of all sizes to increase productivity, flexibility and simplicity and to improve output quality. We support their transition towards the connected and collaborative factory of the future. ABB Robotics & Discrete Automation employs more than 10,000 people at over 100 locations in more than 53 countries. www.abb.com/robotics
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries. www.abb.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20201002005143/en/
Contacts
ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland
Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com
Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com
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Andersen Global Adds SAGIS LP in Anguilla to Its Caribbean Platform
SAN FRANCISCO-Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- Andersen Global bolsters its Caribbean platform through a Collaboration Agreement with full-service law firm SAGIS LP in Anguilla. In a span of three months, Andersen Global has significantly expanded its footprint throughout the region and will focus on providing additional coverage over the course of the next 18 to 24 months.
Established in 2018 by four Partners, SAGIS LP provides its clients with a variety of legal services, including corporate, commercial, banking and finance, intellectual property and real estate. Additionally, the Firm’s team of lawyers are widely recognized within Chambers Global and World Trademark Review.
Partner Kenneth G. Porter said, “We have been focused on delivering quality client solutions through our strategic thinking and have an in-depth understanding of our clients’ unique legal needs. Collaborating with Andersen Global positions us to meet our goal of expanding and providing more robust services, while being the firm of choice in Anguilla for local and international clients. We are therefore expecting significant growth in the next few years.”
Andersen Global Chairman and Andersen CEO Mark Vorsatz added, “The SAGIS team brings the type of expertise, stewardship and professionalism it takes to ensure clients receive best-in-class solutions. They have substantial experience in the market and a great understanding of the international flow of business. This is another key addition in our expansion in the region.”
Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 6,000 professionals worldwide and a presence in over 204 locations through its member firms and collaborating firms.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001005335/en/
Contacts
Megan Tsuei
Andersen Global
415-764-2700
Permalink : https://www.aetoswire.com/news/andersen-global-adds-sagis-lp-in-anguilla-to-its-caribbean-platform/en
Friday, October 2, 2020
Rimini Street Appoints Michael L. Perica as CFO
Seasoned finance leader brings billion-dollar, public technology company CFO and extensive capital markets experience to support the Company’s next phase of growth
LAS VEGAS -Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of business software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced the appointment of Michael L. Perica as executive vice president and chief financial officer (CFO) to support the Company’s next phase of growth. Perica leads the finance strategy and execution for Rimini Street and its global subsidiaries, and is responsible for all financial operations of the Company including global financial planning and analysis, accounting, revenue management, global treasury and tax, SEC reporting, finance systems and processes, audit, capital structure, capital markets activities, M&A and investor relations.
Successful 25 Year Track-Record in Financial Management and Capital Markets
Perica brings extensive public technology company financial leadership and capital markets experience to his new role at Rimini Street. Most recently, Perica served as vice president of finance and CFO of the $1.4 billion Energy Systems Global business unit at Enersys (NYSE: ENS), a global leader in stored energy solutions, where he led finance, treasury, tax, legal and HR. Perica joined Enersys as the result of a $750 million acquisition, where he led the sell-side process as CFO of Alpha Technologies, a leading provider of power conversion equipment, services and software to the telecommunications, renewable and industrial sectors. Prior to the sale of Alpha Technologies to Enersys, as CFO of Alpha Technologies, Perica developed and executed a strategic financial plan that resulted in a five-year period of double-digit compounded annual revenue and EBITDA growth driven by services expansion and acquisitions. Prior to his tenure at Alpha Technologies, Perica served as CFO of Channell Commercial Corporation, a leading provider of outdoor enclosures and wire management solutions. Earlier, Perica spent 12 years at various Wall Street investment banks and concluded his capital markets career as senior vice president and head of research at Brean Capital (formerly Brean Murray, Carret & Co.). Earlier in his capital markets career, Perica led the technology, media and telecommunications practice at Kaufman Bros., led the technology practice at Gruntal & Co. and was a Zacks and Reuters top-rated analyst for communications equipment at Olde Financial Corp. where he advised client boards on IPOs, secondary offerings and other capital raise strategies and plans.
“Rimini Street is a well-run, disruptive and visionary leader in the fast-growing, global third-party enterprise software support market. The Company’s value proposition and business model has served the needs of more than 3,500 clients to date, including 175 Fortune 500 and Global 100 clients, and I believe is the optimal solution for tens of thousands of additional enterprises around the world,” said Perica. “I am excited about joining the Company at this stage of its growth and I am looking forward to partnering with CEO Seth Ravin and the rest of our incredibly talented and experienced senior executive team and Board to deliver accelerating growth, improving free cash flow and growing GAAP profitability.”
“Michael brings a wealth of experience to his new role as CFO of Rimini Street including a successful track record in financial planning, operations, capital markets, M&A and shareholder relations,” said Seth A. Ravin, Rimini Street co-founder, CEO and chairman of the board. “I look forward to partnering with Michael to grow our global business, provide more value to our clients and deliver better returns for our shareholders.”
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 3,500 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn. (IR-RMNI)
Forward-Looking Statements
Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the duration of and economic, operational and financial impacts on Rimini Street’s business of the COVID-19 pandemic, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt Rimini Street’s business or that of its current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; Rimini Street’s need and ability to raise additional equity or debt financing on favorable terms and Rimini Street’s ability to generate cash flows from operations to help fund increased investment in Rimini Street’s growth initiatives; the sufficiency of Rimini Street’s cash and cash equivalents to meet its liquidity requirements; the terms and impact of Rimini Street’s outstanding 13.00% Series A Preferred Stock; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of Rimini Street’s recently introduced products and services, including its Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services Rimini Street expects to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those risks discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 5, 2020 and as updated from time to time by other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.
© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001005035/en/
Contacts
Michelle McGlocklin
Rimini Street, Inc.
+1 925 523-8414
mmcglocklin@riministreet.com
Permalink : https://www.aetoswire.com/news/rimini-street-appoints-michael-l-perica-as-cfo/en
Ascend Performance Materials Announces Global Price Increase for All Vydyne® Brand Polymers, Fibers and Compounds
HOUSTON-Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- Ascend Performance Materials announced today a global price increase for all of its Vydyne® polymers, fibers and compounds.
The price increase takes effect October 15, 2020, and includes the following price changes:
Materials | Geography | Price Increases | Terms |
Vydyne® (PA 66) polymers, fibers and compounds | North America | $220/MT |
|
Vydyne® (PA 66) polymers, fibers and compounds | Asia | $300/MT |
|
Vydyne® (PA 66) polymers, fibers and compounds | Europe | €200/MT |
|
Customers should contact their local sales representative for additional information.
About Ascend Performance Materials
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with eight global manufacturing facilities in the United States, Europe and China. Our 2,600-person global workforce makes the plastics, fabrics, fibers and chemicals used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities.
Find out more about Ascend at www.ascendmaterials.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001005292/en/
Alison Jahn at +1 713-210-9809, ajahn@ascendmaterials.com
Record Number of Mayors Endorse the U20 2020 Communiqué
• Invest in “green and just” recovery for cities, U20 urges G20 leaders
• 27-point U20 Communiqué urges G20 to invest and collaborate with U20 in four critical areas crucial to support sustainable urbanisation in the years ahead
• Communiqué calls on G20 to commit and act “immediately on the climate emergency”
• U20 Chair HE Fahd Al-Rasheed: This is our chance to determine the role that cities play in the next phase of our civilization
• U20 Summit welcomed more than 500 participants from around the world
Riyadh, Saudi Arabia-Friday 2 October 2020 [ AETOS Wire ]
A record 39 mayors and city leaders today endorsed the official 27-point Urban 20 (U20) Communiqué which was officially handed over to the G20 the final day of the U20 Mayors Summit, held virtually from Riyadh. Endorsing cities included Barcelona, Berlin, Buenos Aires, London, Los Angeles, Madrid, Montreal, Osaka, Paris, Rome, Seoul and Tokyo.
As cities seek to recover from the disruption of the coronavirus (COVID-19) pandemic in a sustainable, inclusive way, the commitments, asks and policy recommendations presented to the world’s leaders in the Communiqué will play a central role in the revitalisation and reimagining of urban spaces.
With the context that more than 68 per cent of the world’s population is set to live in cities by 2050, the U20’s 27-point Communiqué emphasised a categorical imperative for G20 member states to ensure that national governments “must crucially invest directly in cities as the engines of the recovery,” according to the five-page official document.
The Communiqué also includes an impassioned call for the G20 to commit and respond “immediately to the climate emergency” by substantially reducing greenhouse gas emissions to deliver the 50 per cent global reduction required by 2030 and “reach carbon neutrality no later than 2050”. The official U20 Communiqué can be accessed in its entirety on: www.Urban20Riyadh.org
Contacts
APCO Worldwide
Yasser Fathy
Director, +966593181075
yfathy@apcoworldwide.com
Permalink : https://www.aetoswire.com/news/record-number-of-mayors-endorse-the-u20-2020-communiqueacute/en
ExaGrid Nominated in Seven Categories for the 2020 Storage Awards
Tiered Backup Storage Company Looks for Another Big Win at “The Storries XVII”
MARLBOROUGH, Mass. -Friday 2 October 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it has been nominated in seven categories for the 17th annual Storage Awards. ExaGrid has become a finalist for Contribution to the Storage Industry, Hyper-convergence Vendor of the Year, Enterprise Backup Hardware Company of the Year, Storage Innovators of the Year, Storage Performance Optimisation Company of the Year, Storage Product of the Year, and Storage Company of the Year. Voting to determine the winner in each category is underway now and closes on November 12. Winners of this year’s awards will be announced on November 26, 2020.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005189/en/
While ExaGrid has been recognized in five award categories as a company, its product line, the EX Series of Tiered Backup Storage appliances, is also nominated in the Storage Product of the Year category, and this year is especially unique as ExaGrid’s Vice President of International Systems Engineering, Graham Woods, is also up for the Contribution to the Storage Industry awards. Graham has been with ExaGrid for 12 years and has worked in the storage sector for over two decades. “It’s quite an honor to receive a personal nomination for these prestigious industry awards,” he said. “Congratulations to all the individuals who are also up for this award, all are very deserving for their valuable work in our field.”
ExaGrid continues to innovate and build out product features that resolve the issues that customers often face with backup storage. This year, ExaGrid released new software version 6.0 that not only improves the user interface, but also improves on deduplication and replication performance with different backup applications, and most notably, includes a Retention Time-Lock for Ransomware Recovery, becoming the only solution to offer a delayed delete ransomware recovery strategy from backup storage. ExaGrid combines immutable objects, a non-network facing tier and delayed deletes to guard against ransomware backup deletion and encryption.
ExaGrid is the industry’s only Tiered Backup Storage solution. Its disk-cache Landing Zone for backup and restore performance is tiered to a long-term retention repository for cost efficiencies as well as a scale-out storage architecture that scales as data grows. ExaGrid offers the best of both worlds by pairing the fastest backup and restore performance with the lowest cost long-term retention storage.
About ExaGrid
ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The retention repository offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and why they now spend significantly less time on backup in our success stories.
ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001005189/en/
Contacts
Kristina O’Connell
ExaGrid
koconnell@exagrid.com
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