IBM

Skyhigh Security Appoints Vishal Rao to Chief Executive Officer

Retrieved on: 
Thursday, March 21, 2024

Skyhigh Security, a leading provider of data-aware cloud security solutions, today announced that it has appointed Vishal Rao as the organization’s next CEO.

Key Points: 
  • Skyhigh Security, a leading provider of data-aware cloud security solutions, today announced that it has appointed Vishal Rao as the organization’s next CEO.
  • Rao will succeed former Skyhigh Security CEO Gee Rittenhouse, effective immediately.
  • Rao brings an extensive background in the enterprise software industry, with approximately 25 years of experience in cloud and software-as-a-service companies.
  • “We are thrilled to introduce Vishal as the new CEO of Skyhigh Security,” said Marc Bala, Managing Director, STG.

Global Modular Data Center Market Outlook 2024: Investments to Rise to $41.87 Billion by 2028 from $18.64 billion in 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

Important developments such as major data center projects and portfolio acquisitions support European modular data center market's growth.

Key Points: 
  • Important developments such as major data center projects and portfolio acquisitions support European modular data center market's growth.
  • ABB, Atos, Cisco Systems, Dell Technologies, Delta Electronics, Huawei Technologies, IBM, Rittal, STULZ, and Vertiv are prominent vendors operating in the global modular data center market offering modular data center solutions.
  • The IT module segment holds the largest share of the global modular data center market under the functional module segment.
  • How many MW of power capacity is expected to reach the global modular data center market by 2028?

CyberSaint Announces $21M Series A to Accelerate Global Expansion

Retrieved on: 
Wednesday, March 20, 2024

CyberSaint , the leader in cyber risk management, today announced the company has raised $21M in Series A funding led by Riverside Acceleration Capital (RAC).

Key Points: 
  • CyberSaint , the leader in cyber risk management, today announced the company has raised $21M in Series A funding led by Riverside Acceleration Capital (RAC).
  • The funding will build on customer momentum, accelerate market expansion, and continue the innovation of CyberSaint’s CyberStrong platform powered by its patented Artificial Intelligence (AI) technology.
  • CyberStrong enables enterprises to master their cyber risk posture and drive executive alignment by automating compliance and translating cyber risk into financial terms.
  • It is imperative that optimizing cyber risk posture is elevated to a business-critical level," stated Jerry Layden, CEO of CyberSaint.

Pitney Bowes Announces CFO Transition Process

Retrieved on: 
Tuesday, March 19, 2024

Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that John Witek, who was most recently Head of Global Business Services, has been appointed interim Chief Financial Officer, effective March 19, 2024.

Key Points: 
  • Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that John Witek, who was most recently Head of Global Business Services, has been appointed interim Chief Financial Officer, effective March 19, 2024.
  • Ms. Chadwick has agreed to remain at the Company as an advisor until April 21, 2024 to ensure a seamless transition.
  • The Company has initiated a formal search process with recruitment firm Crist Kolder Associates for Ms. Chadwick’s permanent replacement.
  • Since joining Pitney Bowes in 2019, he has held roles that include Head of Global Business Services and Chief Financial Officer of SendTech.

Workato’s Gautham Viswanathan Named to Product 50, List of the World’s Most Innovative Product and Growth Leaders

Retrieved on: 
Tuesday, March 19, 2024

Workato ®, the leading AI-powered enterprise automation platform, announced that Gautham Viswanathan, co-founder and Chief Product Officer, has been named to the Product 50 , the definitive list of the top global product leaders.

Key Points: 
  • Workato ®, the leading AI-powered enterprise automation platform, announced that Gautham Viswanathan, co-founder and Chief Product Officer, has been named to the Product 50 , the definitive list of the top global product leaders.
  • This year, Product 50 received more than 600 submissions on behalf of product and growth leaders across the globe.
  • Categories included Most Admired Product Leader; Best Product Leader (Large, Midsize, and Small Company); Most Promising Product Up-and-Comer; Best Growth Product Leader; Best Digital Transformation Product Leader; Best Product Design Leader; Best Product Industry Influencer; and Best Social Good Product Leader.
  • Gautham joins the Product 50 list alongside leaders from Delta Airlines, Figma, Google, IBM, Salesforce, and more.

Philippines Data Center Market Investment Analysis Report 2024: Market to Grow to $1.61 Billion by 2029 from $750 Million in 2023 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

The "Philippines Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Philippines Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Philippines data center market is expected to reach a value of $1.61 billion by 2029 from $750 million in 2023, growing at a CAGR of 13.58% from 2023-2029
    This report analyses the Philippines data center market share.
  • The Philippines data center market has the presence of local and global construction contractors who have catered to several data center projects over the years.
  • A detailed study of the existing Philippines data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.

UiPath Unveils New Family of LLMs at AI Summit to Empower Enterprises to Harness Full Capabilities of GenAI

Retrieved on: 
Tuesday, March 19, 2024

UiPath will showcase its latest capabilities at the virtual AI Summit taking place today, March 19 at 10:00 am GMT, 11:00 am EDT, and 3:00 pm AEDT.

Key Points: 
  • UiPath will showcase its latest capabilities at the virtual AI Summit taking place today, March 19 at 10:00 am GMT, 11:00 am EDT, and 3:00 pm AEDT.
  • “Businesses need an assortment of AI models, the best in class for every task, to achieve their full potential.
  • General-purpose GenAI models like GPT-4 struggle to match the performance and accuracy of models specially trained for a specific task.
  • Context Grounding will enhance all UiPath Gen AI experiences in UiPath Autopilots, GenAI Activities, and intelligent document processing (IDP) products like Document Understanding.

Europe Leaps Ahead in Global AI Arms Race, Joining $20 Million Investment in NeuReality to Advance Affordable, Carbon-Neutral AI Data Centers

Retrieved on: 
Tuesday, March 19, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319442956/en/
    NeuReality co-founders (left to right) Yossi Kasus, Moshe Tanach, Tzvika Shmueli (Photo: Business Wire)
    This $20 million raise brings NeuReality’s total funding to $70 million.
  • NeuReality’s efficient AI-centric system architecture enables companies to run generative AI applications and large language models (LLMs) without overinvesting in scarce and underutilized GPUs.
  • By connecting directly to Ethernet, NR1 efficiently manages AI queries from vast data pipelines originating from millions of users and billions of devices.
  • The additional $20 million propels NeuReality for broader AI Inference deployment as both conventional and generative AI applications surge in demand.

D-Wave Bolsters Executive Leadership Team for Rapid Growth and Strategic Execution

Retrieved on: 
Monday, March 18, 2024

D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.

Key Points: 
  • D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.
  • His expertise in devising innovative GTM strategies for optimization applications will help D-Wave effectively capitalize on the industry transition to the operational use of quantum computing.
  • In his new role as Chief Development Officer, Dr. Trevor Lanting's responsibilities now include D-Wave's product roadmap and initiatives to advance the science of quantum computing.
  • "This is a watershed moment as enterprise customers are starting to move quantum applications into production," said Dr. Alan Baratz, CEO of D-Wave.

Houlihan Lokey Appoints Rafael Pereira as a Senior Advisor

Retrieved on: 
Friday, March 15, 2024

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rafael Pereira has been appointed as a Senior Advisor to assist the firm with its expansion in Brazil.

Key Points: 
  • Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rafael Pereira has been appointed as a Senior Advisor to assist the firm with its expansion in Brazil.
  • Mr. Pereira has more than two decades of experience as a tech entrepreneur and executive, building and growing technology-based businesses from spearheading startups to publicly listed companies.
  • “We are delighted with his arrival and the prospect of deepening our relationship with clients in the space.”
    “It is a great pleasure to join Houlihan Lokey and work together with its global Technology Group and its experienced local team to serve our Brazilian clients,” says Rafael Pereira.
  • Mr. Pereira earned an MBA from Columbia Business School and a degree in Engineering from PUC Rio de Janeiro.