Diligence

Companies With Advanced Cybersecurity Performance Deliver Nearly Four Times’ Higher Shareholder Return Than Their Peers, According to Diligent and Bitsight

Retrieved on: 
Tuesday, March 26, 2024

Companies with advanced cybersecurity performance create 372% higher shareholder return compared to their peers with basic cybersecurity performance, according to a new report from Diligent and Bitsight .

Key Points: 
  • Companies with advanced cybersecurity performance create 372% higher shareholder return compared to their peers with basic cybersecurity performance, according to a new report from Diligent and Bitsight .
  • In the “ Cybersecurity, Audit and the Board ” report, Diligent and Bitsight analyzed more than 4,000 mid to large-cap companies in public indices globally.
  • Companies with a higher number of independent directors are more likely to have advanced security ratings.
  • Of the companies with advanced security performance ratings, 33% came from the financial services sector, with an average rating of 720.

Boast, the Leading R&D Tax Credit Solution, Names Imad Jebara as Chief Executive Officer

Retrieved on: 
Tuesday, March 26, 2024

VANCOUVER, BC, March 26, 2024 /PRNewswire/ - Boast , the leading platform for R&D and tax credit intelligence, is proud to announce the hiring of Imad Jebara as Chief Executive Officer, bringing a recognized leader in both the Finance and Software space to the helm as Boast broadens their mission to expand access to R&D tax credits.

Key Points: 
  • VANCOUVER, BC, March 26, 2024 /PRNewswire/ - Boast , the leading platform for R&D and tax credit intelligence, is proud to announce the hiring of Imad Jebara as Chief Executive Officer, bringing a recognized leader in both the Finance and Software space to the helm as Boast broadens their mission to expand access to R&D tax credits.
  • Mr. Jebara has more than two decades of experience leading both Operations and Customer Success at top SaaS and Finance businesses.
  • Boast is the only R&D tax credit solution that combines unmatched industry expertise with cutting-edge, AI-driven technology to simplify filing and increase returns on R&D investments.
  • The company has since expanded its executive leadership while continuing to scale into new markets and showing strong revenue and logo growth.

Norwest Announces Promotions to Strengthen Global Leadership and Investment Teams

Retrieved on: 
Thursday, February 15, 2024

MENLO PARK, Calif., Feb. 15, 2024 /PRNewswire/ -- Norwest Venture Partners, a global venture capital and growth equity investment firm, today announced six promotions across its Leadership and Investment teams. These promotions will further bolster the firm's ability to partner with early-to late-stage companies across enterprise, consumer and healthcare sectors in the US, India and Israel.

Key Points: 
  • MENLO PARK, Calif., Feb. 15, 2024 /PRNewswire/ -- Norwest Venture Partners , a global venture capital and growth equity investment firm, today announced six promotions across its Leadership and Investment teams.
  • "Each promotion is reflective of the global mindset and collaborative spirit that are the cornerstones of our investment strategy and firm culture."
  • Since joining Norwest in 2011, Ran has been instrumental to the success of the firm's strategies in the software, compliance technology and data analytics investment sectors.
  • He has been an integral member of multiple deal teams and works closely with several portfolio companies including Butter, Pequity and Xembly.

Nearly Two-Thirds of Corporate Directors Want Better Data and Insights to Anticipate Cyber and Other Risks, According to Diligent, BDO and Corporate Board Member

Retrieved on: 
Tuesday, January 30, 2024

When it comes to the SEC’s cybersecurity disclosure rules, directors feel management is better prepared than the board.

Key Points: 
  • When it comes to the SEC’s cybersecurity disclosure rules, directors feel management is better prepared than the board.
  • Half of board members say access to more KPIs and benchmarking data would help them improve their ability to oversee risk.
  • 76% of directors said the labor market, including cost and availability of talent, negatively affected their company’s performance in 2023.
  • To be a proactive and productive board, directors must first be informed.”
    Read the full report HERE .

Diligent Launches Director & Officer Questionnaire Time-Saving Templates, Reducing Regulatory Risk and Ensuring Data Security

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 2, 2024 /PRNewswire/ -- Diligent, a leading GRC SaaS company, today announced the launch of Director & Officer (D&O) questionnaire templates within the Diligent One Platform. Launched in partnership with Latham & Watkins, a leading global law firm with one of the largest public company representation practices in the world, the questionnaire templates will enable organizations to seamlessly collect information required for disclosure in the Annual Report on Form 10-K and Proxy Statement that is filed with the US Securities and Exchange Commission (SEC).

Key Points: 
  • "Building questionnaires from scratch to collect the right information from board members and executives to meet regulatory requirements takes more time than it should," said Nithya B. Das, Chief Legal & Administrative Officer at Diligent.
  • "Through partnerships with leading law firms like Latham & Watkins, we're thrilled to help governance teams reduce regulatory risk, develop questionnaires faster and ensure a secure experience every step of the way."
  • A completely customizable format with questions covering a director or officer's background, compensation, skills, qualifications, and diversity, among other areas.
  • Latham's focus on innovation is a hallmark of our firm, and the collaboration with Diligent exemplifies our innovative, market-leading practice."

Benevity Adds to its Executive Team

Retrieved on: 
Monday, January 22, 2024

CALGARY, Alberta, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Benevity Inc. , the leading provider of global corporate purpose software, today announced the appointment of Ricard o Moreno to its executive leadership team as Chief Revenue Officer.

Key Points: 
  • CALGARY, Alberta, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Benevity Inc. , the leading provider of global corporate purpose software, today announced the appointment of Ricard o Moreno to its executive leadership team as Chief Revenue Officer.
  • In his role, Ricardo will lead the integration and alignment of all growth-related functions and teams at Benevity.
  • “It is a privilege to join Kelly and the passionate Benevity team, to be part of the inspiring transformation Benevity is driving in this category, and to help shape how organizations create positive social change".
  • To learn more about Benevity’s executive leadership team and its platform, visit benevity.com .

Rehabilitation Robots Market size to increase by USD 1.95 billion during 2022-2027; Rising instances of strokes, injuries, and neurological diseases to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 16, 2024 /PRNewswire/ -- The rehabilitation robots market size is expected to grow by USD 1.95 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 16, 2024 /PRNewswire/ -- The rehabilitation robots market size is expected to grow by USD 1.95 billion between 2022 and 2027.
  • The rise in mobility-affecting conditions like strokes, spinal cord injuries, and neurological disorders drives the market for rehabilitation robots.
  • For additional data on Market Size (2017) Historic Year, Market Size - Forecasted Year, Historic Opportunity (2017-2021), Historic CAGR, Forecasted Opportunity (2023-2027), Market Opportunity Transformation Growth, and Market Opportunity Capitalization.
  • The Global Packaging Robots Market size is estimated to grow at a CAGR of 10.33% between 2022 and 2027 and the size of the market is forecast to increase by USD 8.49 billion.

Why some amateur athletes are giving up on smartwatches

Retrieved on: 
Tuesday, January 2, 2024

These practices have become commonplace in the world of sport, even for amateurs.

Key Points: 
  • These practices have become commonplace in the world of sport, even for amateurs.
  • Some 90 per cent of amateur runners now use a smartwatch or mobile application.
  • Becoming part of a community of exercisers can also increase motivation by interweaving systems of mutual encouragement and competition.

The discontinuation of connected devices

  • First of all, we should recall that the adoption of connected devices for sports is not evenly distributed across the population.
  • In addition, the 30-39 age group is the most equipped with smart bracelets and smartwatches.
  • We believe that the rejection of these devices may be the result of a deterioration in the quality of the experience of a sport when using them.
  • It’s a question of rediscovering a form of lost freedom, of lightness, or even of resonance.

The adherence to quantification tools

  • While dropping the tools is a significant and explainable phenomenon, the reasons for sticking to them must also be considered.
  • What are the conditions that enable amateur runners to continue practising and quantifying their performance numerically while deriving pleasure and well-being from the activity?
  • We showed that the amateur runners who persevered in using digital tools were the ones who had developed a high level of expertise in self-quantification.
  • They also learn to let go of certain areas of quantification (sleep, for example) in order to focus their efforts exclusively on running.

The nature of the attachment to the device

  • We wanted to gain a better understanding of the connection runners formed with their digital tracking device.
  • This change, which was out of the ordinary for most of them, turned out to be particularly destabilizing and revealed how deeply incorporated their use of, and attachment to the tool was.
  • All the subjects we studied initially admitted to being very apprehensive about the idea of running without their watch.
  • Ultimately, there’s nothing spontaneous, magical or automatic about interacting with your quantification device in a functional way.
  • Matthieu Quidu received funding from the University of Lyon 1 for a research project entitled, "In search of sobriety: sociological insights into the emergence of minimalist sporting practices."
  • Brice Favier-Ambrosini received funding from the Fonds de recherche du Québec - Société et Culture (FRQSC) for a project entitled "Identifying the essential, eliminating the rest," an analysis of the trend towards minimalism in the consumption of sports leisure activities.

Diligent Named a Leader in Governance, Risk and Compliance Software in Q4 2023 Report by Independent Research Firm

Retrieved on: 
Wednesday, December 6, 2023

Diligent also received the highest score possible in the “market presence” category, as well as the sub-criteria of revenue and number of customers.

Key Points: 
  • Diligent also received the highest score possible in the “market presence” category, as well as the sub-criteria of revenue and number of customers.
  • “Business leaders are living in a world of more — more risk, more oversight, and more data to untangle.
  • On top of and integrated into the platform are best-in-class solutions covering governance, audit, compliance, risk and ESG.
  • A full, complimentary version of the report is available for download from Diligent at: https://www.diligent.com/resources/research/diligent-sets-the-standard-f...

Fordham Global Foresight Announces Partnership with Diligent to Help Organisations Navigate an Increasingly Complex Geopolitical Landscape

Retrieved on: 
Tuesday, December 5, 2023

Fordham Global Foresight, a preeminent geopolitical advisor to board and C-suite executives, today announced a partnership with Diligent , a leading GRC SaaS company, to offer best in class insight and analysis on the increasingly complex geopolitical landscape.

Key Points: 
  • Fordham Global Foresight, a preeminent geopolitical advisor to board and C-suite executives, today announced a partnership with Diligent , a leading GRC SaaS company, to offer best in class insight and analysis on the increasingly complex geopolitical landscape.
  • And that's happening against the backdrop of a rapidly shifting global economic and monetary policy landscape.
  • Previously the first chief global political analyst on Wall Street (Citi) and the first head of global political risk at Eurasia Group, Tina founded Fordham Global Foresight (FGF)in 2022.
  • Commenting on the partnership, Fordham said: “In a volatile business and investment environment, where globalisation has receded, and geopolitical risks have moved centre stage, systemic risk is heightened.