Transaction processing

Big Data Security Market to Reach $54.23 Billion, Globally, by 2027 at 18.8% CAGR: Allied Market Research

Retrieved on: 
Wednesday, June 9, 2021

Rise in digitization trends and production of digital data, and increasing data privacy & security concerns drive the growth of the global big data security market.

Key Points: 
  • Rise in digitization trends and production of digital data, and increasing data privacy & security concerns drive the growth of the global big data security market.
  • Impact of Covid-19 Pandemic on Big Data Security Market:
    The outbreak of the pandemic made business organizations take recourse to remote working culture.
  • Which augmented online activities along with increase in the number of cyber-attacks; thus, driving the big data security frameworks and solutions.
  • Get detailed COVID-19 impact analysis on the Big Data Security Market: https://www.alliedmarketresearch.com/request-for-customization/11455?req...
    Based on solution, the data security analytics segment contributed to around one-fifth of the global data security market share in 2019, and is expected to lead the trail by the end of 2027, owing to introduction of actionable intelligence to reduce data loss, and the prioritization of network-based paradigms.

Big Data Security Market to Reach $54.23 Billion, Globally, by 2027 at 18.8% CAGR: Allied Market Research

Retrieved on: 
Wednesday, June 9, 2021

Rise in digitization trends and production of digital data, and increasing data privacy & security concerns drive the growth of the global big data security market

Key Points: 
  • Rise in digitization trends and production of digital data, and increasing data privacy & security concerns drive the growth of the global big data security market
    PORTLAND, Ore., June 9, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, " Big Data Security Market By Solution Type (Data Discovery & Classification, Data Authorization & Access, Data Encryption, Tokenization & Masking, Data Auditing & Monitoring, Data Governance & Compliance, Data Security Analytics, & Data Backup & Recovery), Deployment Mode (On-Premise and Cloud), Organization Size (Small & Medium Enterprise and Large Enterprise), and Industry Vertical (IT & ITES, Telecommunications, Healthcare & Social Assistance, Financial & Insurance, Retail Trade, Utilities and Others): Global Opportunity Analysis and Industry Forecast, 20202027."
  • Rise in digitization trends and production of digital data, and increasing data privacy & security concerns drive the growth of the global big data security market.
  • Impact of Covid-19 Pandemic on Big Data Security Market:
    The outbreak of the pandemic made business organizations take recourse to remote working culture.
  • Get detailed COVID-19 impact analysis on the Big Data Security Market: https://www.alliedmarketresearch.com/request-for-customization/11455?req...
    Based on solution, the data security analytics segment contributed to around one-fifth of the global data security market share in 2019, and is expected to lead the trail by the end of 2027, owing to introduction of actionable intelligence to reduce data loss, and the prioritization of network-based paradigms.

New Research Finds 96% of Data Professionals Are at or Over Capacity

Retrieved on: 
Tuesday, June 8, 2021

Ascend.io , the data engineering company, today announced results from its second annual research study, The 2021 DataAware Pulse Survey , about the work capacity and priorities of data teams, including data analysts, data scientists, data engineers, and enterprise architects.

Key Points: 
  • Ascend.io , the data engineering company, today announced results from its second annual research study, The 2021 DataAware Pulse Survey , about the work capacity and priorities of data teams, including data analysts, data scientists, data engineers, and enterprise architects.
  • Demonstrating the current pressures many data teams face, the research found that 96% of teams are at or over capacity down only 1% from the 2020 study .
  • Amid the significant increase in the number of data pipelines across their organization, 74% of data professionals indicated their organizations need for data products is growing faster than their team size.
  • Combined with our data that highlights almost every data professional today is already at capacity, this leaves little room for strategic work and innovation.

Factor Launches New Tech-Enabled Transaction Management Service for Law Firms

Retrieved on: 
Tuesday, June 8, 2021

New Law capabilities create the blueprint for the future of transactional practice, driving law firm innovation and profitability

Key Points: 
  • New Law capabilities create the blueprint for the future of transactional practice, driving law firm innovation and profitability
    NEW YORK, June 8, 2021 /PRNewswire/ -- Factor , the leader in solutions for complex legal work at scale,today announces the global launch of its Legal Transaction Optimization service for law firms, providing tech-enabled transaction management, due diligence, and documentation support to deal teams.
  • The new offering helps law firms respond to cost pressures and win more work, empowering them to focus on higher value aspects of each transaction.
  • Factor's deep experience and capabilities in contracting at scale uniquely position Legal Transaction Optimization at the intersection of New Law and traditional practice.
  • By transferring the transaction management work to a more tech-enabled, cost-competitive platform, law firms win more deals, boost margins, and direct their associates to premium work.

Hazelcast Debuts as a Strong Performer in Streaming Analytics Analyst Research Report

Retrieved on: 
Monday, June 7, 2021

SAN MATEO, Calif., June 7, 2021 /PRNewswire/ -- Hazelcast , the fast cloud application platform, today announced that global analyst firm Forrester Research has named Hazelcast a Strong Performer in T he Forrester Wave: Streaming Analytics, Q2 2021 .

Key Points: 
  • SAN MATEO, Calif., June 7, 2021 /PRNewswire/ -- Hazelcast , the fast cloud application platform, today announced that global analyst firm Forrester Research has named Hazelcast a Strong Performer in T he Forrester Wave: Streaming Analytics, Q2 2021 .
  • According to the report, "Hazelcast's in-memory data grid is an intriguing combination with streaming analytics since enrichment of a data stream from reference data is often critical to streaming analytics insights."
  • The report adds that the sweet spot for Hazelcast "is for enterprise use cases that require both streaming analytics and the benefits of a durable, scalable in-memory store."
  • The Forrester report evaluated Hazelcast and 13 other streaming analytics companies across 22 criteria to determine the strength of the current offering and company strategy.

EXFO announces going-private transaction by its Founder and Majority Shareholder, Germain Lamonde

Retrieved on: 
Monday, June 7, 2021

"This transaction is in the best interests of all of EXFO's stakeholders," said Germain Lamonde, Founder and Executive Chairman of the Board.

Key Points: 
  • "This transaction is in the best interests of all of EXFO's stakeholders," said Germain Lamonde, Founder and Executive Chairman of the Board.
  • Upon completion of the proposed transaction, Germain Lamonde will directly or indirectly beneficially own or control all of the issued and outstanding Subordinate Voting Shares and Multiple Voting Shares.
  • Germain Lamonde has advised the Special Committee that he would not consider any alternative change of control transaction.
  • In connection with the transaction, the Corporation will prepare and mail a Schedule 13E-3 Transaction Statement (the "Schedule 13E-3").

Radiation-tolerant solid-state data recorder dramatically transforms on-orbit data processing and storage

Retrieved on: 
Thursday, June 3, 2021

Featuring horizontal error correction, industrial-grade flash memory and a fault-tolerant design, the RH3480 provides long-term data integrity to match the operational life of a satellite or life of a mission.

Key Points: 
  • Featuring horizontal error correction, industrial-grade flash memory and a fault-tolerant design, the RH3480 provides long-term data integrity to match the operational life of a satellite or life of a mission.
  • Mercurys latest modular form factor is significantly smaller than typical SSDRs and supports a higher data capacity, providing users with ease of integration and flexibility in their applications.
  • The RH3480s proven reliability in radiation-intensive environments and low power consumption enables on-orbit sensor digital data processing and storage to transfer significantly more data in less time, enabling real-time decision-making.
  • For additional information or purchase inquiries, visit the solid-state data recorder product page or contact Mercury at (866) 627-6951 or [email protected] .

Bairong, a Leading Chinese AI-Tech Platform, Joins "Zhuoxin Big Data Program" to Improve Big Data Security

Retrieved on: 
Wednesday, June 2, 2021

Since its inception, Bairong has been spearheading technologies in the field and providing financial institutions with state-of-the-art AI technologies and data analytical tools.

Key Points: 
  • Since its inception, Bairong has been spearheading technologies in the field and providing financial institutions with state-of-the-art AI technologies and data analytical tools.
  • Bairong is the largest independent financial big data analytics solutions provider in China by revenue in 2019.
  • Bairong also provides big data marketing and distribution services that enable FSP clients to reach and serve their target customers more effectively.
  • [2]Bairong - China's Leading Financial Big Data Analyics Service Provider, China International Capital Corporation, May 2021.

Working Opportunity Fund Announces Closing of Transaction

Retrieved on: 
Monday, May 31, 2021

VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) -- Working Opportunity Fund (EVCC) Ltd. (the Fund) is pleased to announce that the transaction (the Transaction) with Pender Growth Fund Inc. (PTF) by way of a plan of arrangement pursuant to the definitive agreement announced on April 7, 2021, has closed effective May 28, 2021 (the Effective Date).

Key Points: 
  • VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) -- Working Opportunity Fund (EVCC) Ltd. (the Fund) is pleased to announce that the transaction (the Transaction) with Pender Growth Fund Inc. (PTF) by way of a plan of arrangement pursuant to the definitive agreement announced on April 7, 2021, has closed effective May 28, 2021 (the Effective Date).
  • It has been our goal to provide liquidity to shareholders for some time and this Transaction has provided significant liquidity for our shareholders.
  • A unique feature of this transaction enabled Venture Series shareholders to choose to remain invested in the portfolio if they elected to do so.
  • The Transaction also allows the Funds investee companies to continue to execute on their strategic plans without the disruption of a change in direct ownership.

Capricorn Business Acquisition Inc. Announces Qualifying Transaction With Bitcoin Mining Company, Canada Computational Unlimited Inc.

Retrieved on: 
Tuesday, May 25, 2021

Upon completion of the Transaction, the resulting issuer (the "Resulting Issuer") will carry out the business of CCU.ai.

Key Points: 
  • Upon completion of the Transaction, the resulting issuer (the "Resulting Issuer") will carry out the business of CCU.ai.
  • Upon completion of the Consolidation, approximately 2,500,075 Capricorn Consolidated Shares and 250,018 Capricorn Consolidated Options will be issued and outstanding.
  • The Transaction is not a Non-Arm's Length Qualifying Transaction (as defined in the Policies) and consequently the Transaction itself will not be subject to approval by Capricorn's shareholders.
  • CCU.ai will pay a break fee to Capricorn equal to $100,000 if CCU.ai elects not to proceed with the Transaction.