CrowdStrike’s Falcon platform delivers a complete CNAPP with unified visibility and threat protection across the entire cloud estate to help global customers stop cloud breaches
SAN ANTONIO, June 7, 2024 /PRNewswire/ — Frost & Sullivan has recognized CrowdStrike with its 2024 Global Customer Value Leadership Award for Best Practices in Cloud Security. CrowdStrike was recognized for its ability to simplify and scale cloud security through a single, unified platform. CrowdStrike Falcon® Cloud Security provides global customers with unified protection from code to cloud – enabling them to consolidate point products and stop cloud breaches.

According to the CrowdStrike 2024 Global Threat Report, cloud exploitation cases grew 110% over the past year, with adversaries becoming increasingly focused and persistent. Stopping cloud breaches requires a modern approach to protection that holistically addresses cloud security risk. CrowdStrike Falcon Cloud Security delivers the most complete CNAPP on the market today in a single, unified platform, empowering customers to see, secure and stop all cloud threats and attack surfaces across infrastructure, workloads, applications, APIs and data. This unified approach is a leading reason why organizations consolidate with CrowdStrike to replace siloed cloud security point products and why CrowdStrike has one of the largest and fastest growing cloud security businesses in the industry.
“CrowdStrike’s unified cloud-native security platform’s integrated approach, along with a focus on breach prevention and proactive support, delivers seamless customer support and experience, setting it apart from competitors,” said Anh Tien Vu, Industry Principal, Global Cybersecurity Research at Frost & Sullivan. “By enhancing its security technology capabilities, gaining customer trust, and maximizing the value of its solutions, CrowdStrike has become a popular cloud security choice among organizations, boosting the adoption of its solutions and revenue growth over the last few years to become a leader in the competitive cloud security industry.”
“Adversaries are aggressively targeting cloud environments and traditional cybersecurity tools are not enough to help customers battle these persistent threats,” said Raj Rajamani, head of products, CrowdStrike. “Only CrowdStrike delivers visibility, prevention and remediation across the entire cloud estate in a unified platform to stop cloud breaches. Frost & Sullivan’s acknowledgement of the value Falcon Cloud Security provides customers further validates our cloud security leadership and commitment to securing the cloud across every industry and region.”
CrowdStrike Falcon Cloud Security stands out in the following areas:
Business Threat Context and AI-driven Risk Prioritization: Security teams can quickly identify high-risk threats and vulnerabilities targeting sensitive data and critical applications. AI automates this process, allowing teams to prioritize the most critical threats without lengthy manual investigations.Consolidated Code to Cloud Protection: With unified visibility and runtime protection in a single platform, single agent architecture, CrowdStrike eliminates security gaps and stops cloud breaches without making customers manage different cloud point products. Customers can consolidate the disjointed point products across their entire cloud estate to reduce overall costs and eliminate complexity.Built to Stop Breaches: Many CNAPPs are thinly veiled CSPMs, built as cloud vulnerability management tools lacking capabilities to stop cloud breaches. CrowdStrike stops threats in real-time with advanced runtime protection built on the same unified agent as CrowdStrike’s best-in-class EDR and Identity Protection. Leveraging world-class managed threat hunting and intelligence, CrowdStrike sets the standard for cloud detection and response (CDR) as a native part of the most comprehensive cloud security platform, built to stop the breach.For more information, read the full report: 2024 Frost & Sullivan Customer Value Leadership Award: The Global Cloud Security Industry Excellence in Best Practices.
Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
ContactLindsey WhitakerP: 1.210.477.8457E: [email protected]
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AMSTERDAM, June 6, 2024 /PRNewswire/ — A groundbreaking generative AI copilot plugin, launched by Lucinity at Money2020 Europe, delivers immediate ROI. The copilot plugin is system-agnostic, acting as one central copilot that can be used on top of all web-based enterprise applications, pulling data from any system including Customer Relationship Management (CRM) systems, case management systems, third-party vendors, and Excel documents.

 
The new plugin enhances Lucinity’s AI copilot, ‘Luci,’ launched last year as the world’s first AI copilot for financial crime prevention. This new plugin functionality now means that Luci is the easiest copilot to integrate into any financial institution (FI), boosting productivity by up to 90% and resulting in substantial cost savings.
It also means that businesses can keep the same licenses and contracts they already have with their current providers, while augmenting their insights and accelerating decision making. FIs can now start using GenAI without the constraints, enormous costs, and lengthy timelines of traditional implementations.
Lucinity has also released the Copilot Skills Studio, an innovative workflow automation studio leveraging Generative Intelligence Process Automation (GIPA). GIPA combines traditional AI, generative AI, and Robotic Process Automation (RPA) all in one, to automate end-to-end processes that typically involve repetitive work, information gathering and analysis, or human-like decision making abilities.
This includes automating end-to-end workflows to gain insights on customers, such as running a negative news search, producing a transaction summary from a screenshot of Excel, and obtaining a money flow visualization from a customer’s transactions. At the end, all the insights can be directly added to a case or a customer’s profile. This process typically requires one to four hours, but can now be performed in a matter of minutes. Through this technology, FIs are now able to automate entire workflows that they could initially only perform by executing various tasks across multiple systems.
Lucinity’s customers are already witnessing the power of Luci in action. Hannah Becher, Fraud and AML Surveillance Lead from Pleo, a fintech company that provides businesses with spending solutions, says: “Luci is streamlining Pleo’s proof of business (POB) checks, significantly enhancing the efficiency and accuracy of verifying the legitimacy of new customers. With Luci, these checks are completed in a matter of minutes.
“The process runs automatically or is manually initiated as part of the review process. Luci not only evaluates the legitimacy of businesses but also provides well-documented recommendations with complete references to the data sources used, ensuring full auditability and explainability of its assessments. The automated POB check can be reviewed and edited by Pleo’s analysts to ensure correctness.”
“This new innovation will blow your mind,” says GK, Founder and CEO of Lucinity. “One of the most common things we hear from FIs is that they love our products, but they have an old system they can’t get rid of that they’ve just invested in. With our new copilot plug-in, that’s not a problem. I was blown away when using Luci myself in our own CRM system and directly in Microsoft Outlook to prepare for meetings. I never thought I would start to use our own software without working directly in FinCrime prevention, but Luci is just so powerful now that it is even assisting me in my daily work.”
When accessing publicly available data, Luci can be implemented instantly – after which privately-held data sources can be added. Luci can also still be deployed within the complete Lucinity platform, working with powerful modules such as Case Manager and Customer 360°. Lucinity’s platform is also system-agnostic, connecting with any Transaction Monitoring, Fraud, or KYC systems that FIs currently use or would like to integrate with.
In terms of security, Lucinity uses state-of-the-art models like Microsoft Azure Open AI for secure infrastructure. Luci was developed within the world of compliance, ensuring maximum auditability with detailed Audit Log functionality.
Summary of groundbreaking innovations built into the Luci copilot:
Copilot plug-in allows generative AI copilot to work with old and new systems and deliver results immediatelyGIPA platform incorporates advanced artificial intelligence technologies to automate complex cognitive tasksSeamless Copilot Skills Studio to customize automated tasksLogo – https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg

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REDDING, Calif., June 6, 2024 /PRNewswire/ — According to a new market research report titled, ‘Exoskeleton Market by Product (Soft, Rigid, Hybrid), Power Type (Powered, Passive), Body Type (Complete Body, Upper & Lower Extremities), Mobility (Stationary, Mobile), End-use (Industrial, Healthcare, Military, Others), Geography – Forecasts to 2031’, the exoskeleton market is projected to reach $11.90 billion by 2031, at a CAGR of 36.8% from 2024 to 2031.

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The growth in this market is mainly driven by factors such as growing demand for exoskeletons for orthopedic rehabilitation, increasing prevalence of stroke and associated disabilities, and growing investments in exoskeletons by the military & defense sectors. In addition, the replacement of conventional prosthetics with exoskeleton technology and the rising adoption of human augmentation technology in manufacturing and other end-use sectors are expected to provide opportunities for the market’s growth. However, stringent government regulations pertaining to medical applications can restrain the growth of the market. High procurement cost associated with exoskeletons and reliability issues poses challenges for the market growth.
The exoskeleton market is segmented based on product (soft exoskeletons, rigid exoskeletons, hybrid exoskeletons), power type (powered exoskeletons, passive exoskeletons), body type (complete body, upper extremities, and lower extremities), mobility (stationary exoskeletons, mobile exoskeletons), and end-use industry (industrial, healthcare, military, other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on product, the exoskeleton market is segmented into rigid exoskeletons, soft exoskeletons, and hybrid exoskeletons. In 2024, the rigid exoskeleton segment is expected to account for the largest share of the global exoskeleton market. However, the hybrid exoskeletons segment is expected to grow at the highest CAGR during the forecast period. The rising focus of key players on the development of hybrid exoskeletons and to ensure maximal freedom of movement and usability is expected to drive the segment’s growth. For instance, in October 2023, Ottobock SE & Co. KGaA (Germany) launched the IX BACK AIR exoskeleton. The new back-support exoskeleton combines the power of rigid systems with the comfort of soft models.
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Based on power type, the exoskeleton market is segmented into powered exoskeletons and passive exoskeletons. In 2024, the powered exoskeletons segment is expected to account for the larger share of the global exoskeleton market. Moreover, the powered exoskeletons segment is expected to grow at the highest CAGR during the forecast period. The rising focus of players on product development and enhancement is expected to drive the segment growth. For instance, in August 2023, German Bionic (Germany) launched the ‘Apogee+’ powered exoskeleton in the North American healthcare market for nursing and care professionals.
Based on body type, the exoskeleton market is segmented into complete body, upper extremities, and lower extremities. In 2024, the lower extremities segment is expected to account for the largest share of the global exoskeleton market. However, the upper extremities segment is expected to grow at the highest CAGR during the forecast period. The rising use of these exoskeletons in industries for workers’ safety is expected to drive the segment’s growth. For instance, in July 2023, Auxivo (Switzerland) launched the DeltaSuit, a product designed to support any worker who needs to work at or above shoulder level throughout the day. It provides a range of benefits, including reduced load on the shoulder and neck muscles and reduced fatigue.
Based on mobility, the exoskeleton market is segmented into mobile exoskeletons and stationary exoskeletons. In 2024, the mobile exoskeletons segment is expected to account for the larger share of the global exoskeleton market. However, the stationary exoskeletons segment is expected to grow at the highest CAGR during the forecast period.
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Stationary or fixed exoskeletons are primarily used for healthcare and industrial applications, allowing workers to orient heavy material from one position to another. Furthermore, the increasing prevalence of spinal cord injuries and the growing usage of stationary exoskeletons in rehabilitation is expected to drive the segment’s growth. For instance, in June 2023, Bionik Laboratories Corp. (U.S.) expanded its partnership with Lifepoint Health (U.S.) for four new installations of the InMotion ARM robotic device in Phoenix, Arizona, Sacramento, California, Brownsburg, Indiana, and Louisville, Kentucky, to deliver stroke recovery care.
Based on end-use industry, the exoskeleton market is segmented into healthcare, industrial, military, and other end-use industries. In 2024, the healthcare segment is expected to account for the largest share of the global exoskeleton market. However, the industrial segment is expected to grow at the highest CAGR during the forecast period.
The growth of the segment is driven by the rising adoption of exoskeletons by various industries to help workers perform their tasks more safely and efficiently, reducing the risk of workplace injuries and improving overall worker well-being, and the rising focus of players on product launch and enhancement. For instance, in October 2023, Auxivo (Switzerland) introduced a combined back and shoulder exoskeleton named OmniSuit which supports users to lift loads from the floor and place them on the highest shelf. According to the company, this makes it a useful solution in a range of industries, including logistics, maintenance, manufacturing, construction, cleaning, and agriculture.
Based on geography, the exoskeleton market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the exoskeleton market. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The rising geriatric population, along with the increasing prevalence of stroke & spinal cord injuries (SCIs), availability of government grants and funding for the medical and healthcare sectors, and rising adoption of exoskeletons to assist industrial workers who spend long hours working in overhead environments ensures high growth opportunities for the exoskeleton market in the Asia-Pacific region. For instance, in July 2022, Taiyo Koyu Co. Ltd. (Japan) and German Bionic (Germany) entered into a partnership agreement to help logistics companies and warehouse operations create safer and healthier workplaces while simultaneously improving productivity.
Key Players:
The key players operating in the exoskeleton market are Lifeward Inc.(Israel), Lockheed Martin Corporation (U.S.), Parker Hannifin Corporation (U.S.), Ekso Bionics Holdings, Inc. (U.S.), Hyundai Motor Company (South Korea), Bionik Laboratories Corp.(U.S.), Myomo, Inc. (U.S.), Honda Motor Co. Ltd. (Japan), Technaid. S.L. (Spain), Gogoa Mobility Robots (Spain), Ottobock SE & Co. KGaA (Germany), Wearable Robotics SRL (Italy), Cyberdyne, Inc. (Japan), Rex Bionics Ltd. (New Zealand), and B-Temia (Canada).
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Scope of the report:
Exoskeleton Market Assessment, by Product                   
Rigid ExoskeletonsSoft ExoskeletonsHybrid ExoskeletonsExoskeleton Market Assessment, by Power Type
Powered ExoskeletonsPassive ExoskeletonsExoskeleton Market Assessment, by Body Type
Complete BodyUpper ExtremitiesLower ExtremitiesExoskeleton Market Assessment, by Mobility
Mobile ExoskeletonsStationary ExoskeletonsExoskeleton Market Assessment, by End-use Industry
Mobile HealthcareIndustrialMilitaryOther End-use IndustriesExoskeleton Market Assessment, by Geography
North AmericaU.S.CanadaEuropeUKGermanyFranceItalySpainRest of EuropeAsia-PacificChinaIndiaJapanSouth KoreaRest of Asia-PacificLatin AmericaMiddle East & AfricaUnlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/68474367 
Related Report:
Wearable Technology Market- Global Opportunity Analysis and Industry Forecast (2022–2029)
Wearable AI Devices Market- Global Opportunity Analysis and Industry Forecast (201–2024)
Wearable Medical Device Market- Global Opportunity Analysis and Industry Forecast (2023–2030)
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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