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Inhaled Antibiotics Market to Surpass US$ 2,213.2 Million by 2030, Says Coherent Market Insights

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Burlingame, July 24, 2023 (GLOBE NEWSWIRE) — According to Coherent Market Insights, Global inhaled antibiotics market is estimated to be valued at US$ 1,403.3 million in 2023 and is expected to exhibit a CAGR of 6.7% during the forecast period (2023-2030).

Analysts’ Views on Global Inhaled Antibiotics Market:

Inhaled drugs are an important part of treatment for chronic lung disease, as the medicine rapidly reaches the airways. Metered-dose inhalers (MDIs), dry powder inhalers, nebulizers, and soft mist inhalers are currently available with different medicines for the treatment of respiratory diseases. Increase in R&D expenditure for the development of new therapies and promising drugs in pipeline and development of approaches for early diagnosis and treatment reducing undiagnosed cases boost the market.

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Global Inhaled Antibiotics Market– Driver

Inhaled antibiotics enhance lung function, prevent lung function decline, extend the period

Inhaled antibiotics enhance lung function, prevent lung function decline, extend the period between exacerbations, and enhance the quality of life in cystic fibrosis patients are expected to drive the growth of global inhaled antibiotics market. For instance, in November 2021, according to the stats published by the U.S. bureau of labor statistics, a U.S.-based government agency, there was an increase in employer-reported respiratory illness cases in 2020 at 428,700, up from 10,800 in 2019. The number of incidents of respiratory illness per 10,000 full-time equivalent workers increased from 1.1 in 2019 to 44.0 in 2020. Therefore, an increasing incidence of respiratory diseases drives the global inhaled antibiotics market.

Increasing new product launches and approvals

Increasing new product launches and approvals are expected to drive market growth. Key players operating in the global market are focusing on novel product launches, in order to expand their product portfolio and increase their presence in the global market. For instance, In June 2020, Lupin Limited, a multinational pharmaceutical company based in India, launched antibiotic Tobramycin inhalation solution in the U.S. market for the management of cystic fibrosis.

Global Inhaled Antibiotics Market– Restraint

Increase in healthcare cost related to respiratory diseases

Increase in healthcare cost related to respiratory diseases is expected to limit market growth. For instance, accordiing to an article published in World Health Orgnisation in August 2021, reported the cost of respiratory disease care was US$ 459.80 million in 28 Europe States. Total spending across all respiratory conditions in 2020 was $170.8 billion (95% confidence interval [CI], $164.2-179.2 billion), increasing by $71.7 billion (95% CI, $63.2-80.8 billion) from 2000. The respiratory conditions with the highest spending in 2020 were asthma and chronic obstructive pulmonary disease, contributing $35.5 billion (95% CI, $32.4-38.2 billion) and $34.3 billion (95% CI, $31.5-37.3 billion) Therefore, increase in healthcare expenses may hamper the inhaled antibiotics market growth.

Key market players are focusing on cost effective and government bodies also taking intiative in the market.

Inhaled Antibiotics Market Report Coverage

Report Coverage Details
Base Year: 2022   Market Size in 2023: US$ 1,403.3 Mn
Historical Data for: 2017 to 2021 Forecast Period: 2023 to 2030
Forecast Period 2023 to 2030 CAGR: 6.7%   2030 Value Projection: US$ 2,213.2 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Aerosol, Dry Powder Formulation, Spray
  • By Application: Pneumonia, Asthma, Bronchitis, Others
  • By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Companies covered: Gilead Sciences, Aradigm, Lupin Ltd., Polyphor, Insmed Incorporated, Pharmaero, Savara Pharmaceuticals, Joincare Pharmaceutical Group, Teva Pharamceuticals, Altan Pharmaceuticals, Raptor Pharmaceutical Corp., Cipla Limited, Maya Biotech Pvt. Ltd., Medisol Lifescience Pvt. Ltd., Nivon Specialties, Sentiss Pharma Pvt. Ltd., Ultratech India Limited, Midas Care Pharmaceuticals Pvt Ltd., Precept Pharma Ltd., Luckys Pharma,  and Pharmaxis Ltd.
Growth Drivers:
  • Rising incidence of respiratory diseases such as asthma, chronic obstructive pulmonary diseases (COPD), and bronchitis
  • Growing geriatric population 
Restraints & Challenges:
  • Side effects associated with drug inhalation and unattainability of single effective inhaler device 

Global Inhaled Antibiotics Market– Opportunity

Growing investments in research and development to introduce new advanced lab centers

Growing investments in research and development to introduce new advanced simulation lab centers is expected to drive the market growth during forecast period. For instance, in October 2022, Capital Health, a progressive, providing quality patient care with exceptional physicians, nurses, and staff, as well as advanced labs, announced the launch of its new Advanced Training Center, a mobile laboratory that provides state-of-the-art, multidisciplinary clinical training for physicians, nurses, emergency medical service providers, and other staff. The initiative was made possible through more than US$500,000 of federal grant funding secured by Bonnie Watson Coleman (NJ-12), who was recognized for her role in the project at a ribbon-cutting ceremony at Capital Health Regional Medical Center.

Global Inhaled Antibiotics Market Cross Sectional Analysis:

Among Application Type, the pneumonia is expected to dominate the inhaled antibiotics market during the forecast period and this is due to the innovative novel drugs. The manufacturers are concentrating its efforts on enhancing the drugs of their available inhaled antibiotics by incorporating innovative technology. New product launches in the area will boost the growth of the market segment. For instance, in January 2020, Aerocrine AB, a medical products company focused on improved management and care of patients with inflammatory airway diseases such as Asthma in U.S., announced that pneumonia, Allergy & Asthma Specialists, P.C. has adopted Aerocrine’s FENO technology for airway inflammation measurement as part of its clinical standardization on a system-wide basis. Allergy & Asthma Specialists, P.C. is the largest group practice in the Philadelphia region specializing in allergic disease, asthma and immunology.

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Global Inhaled Antibiotics Market Segmentation:

the global inhaled antibiotics market report is segmented into by technology, by application,by distribution channel and region

Based on Product Type, the global Inhaled Antibiotics market is segmented into aerosol, dry powder formulation, and spray. Out of which, the aerosol segment is expected to dominate the inhaled antibiotics market during the forecast period and this is due to the high prevelance of infectious disease.

Based on Application, the global Inhaled Antibiotics market is segmented into pneumonia, asthma, bronchitis, and others. Out of which, the Pneumonia segment is expected to dominate the global Inhaled Antibiotics market during the forecast period and this is due to the increasing several infectious agents, including viruses, bacteria and fungi.

Based on Distribution Channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. Out of which, the hospital pharmacies segment is expected to dominate the market over the forecast period and this is attributed to the Providing drug information and adequate statistics on medication consumptions.

Among all segmentation, the distribution channel has the potential due to the increasing awareness of inhaled antibiotics and use of the products. For instance, in September 2022, AstraZeneca, is a science-led biopharmaceutical company in India, launched their up-skilling program for pharmacists, iPHARMACY In the first phase of this program, they have partnered with Neethi, a Kerala state cooperative consumers federation limited company, to run this program in Kerala. As a next step, the company is planning to collaborate with large pharma-retail chains from across India to expand this program to other parts of the country.

Global Inhaled Antibiotics Market: Key Developments

In January 2020, Lifeloc Technologies, a manufacturer and worldwide provider of Evidential and Preliminary Breath Testers (PBT) and Calibration Supplies, announced International Organization for Standardization (ISO) 17034:2016 accreditation of its Plus 4 Certified Reference Solution through the American Association for Laboratory Accreditation (A2LA).

In October 2020, F.Hoffmann-La Roche, a developing innovative solutions to help labs and clinicians in the U.S., partnered with DASA Group, a Lab test manufacturing company in the U.S., for creating integrated core lab in the U.S. This partnership help them to uncover meaningful opportunities, which support top organizational goals by securing long term financial stability of healthcare institution, providing new business opportunities and for strengthening reputation and leadership.

On May 16, 2023, BD (Becton, Dickinson and Company), a global medical technology company, announced 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the new BD Kiestra Methicillin-resistant Staphylococcus aureus (MRSA) imaging application that uses artificial intelligence (AI) to interpret bacterial growth and releases negative specimens with minimal human interaction.

In July 2022, Bio-Rad Laboratories, a provider of life science research and clinical diagnostics products, expanded its molecular portfolio offering of quality controls with the launch of two new exact Diagnostics products: synthetic negative run control, which complements the tick-borne, meningitis/encephalitis and sexually transmitted infections products; and hospital-associated infections (HAI) negative run control, which complements the hospital-associated infections products. Both are external quality controls designed to be used with molecular assays to monitor its intra- and inter-run performance.

Key Market Takeaways:

The global Inhaled Antibiotics market is expected to exhibit a CAGR of 6.7% during the forecast period due to the increasing launch of Inhaled Antibiotics. For instance, in March 2020, Altan Pharmaceuticals, the Spanish subsidiary of Altan Pharma Ltd., launched tobramycin in Spain, an inhalation antibiotic used for the treatment of pulmonary infections by pseudomonas. Such advancement is expected to drive market growth over the forecast period.

Among the Prodcut Type, eerosol segment is dominant due to the increasing acquisation and partnerships in companies, which is expected to drive the segment growth over the forecast period. For instance, in January 2020, Cipla Limited is an multinational pharmaceutical company, headquartered in Mumbai., announced the acquisition of a novel aeorsol and patented anti-infective product, Elores, from Venus Remedies Limited for the U.S. market to further strengthen its presence in the branded Indian critical care space and as a part of its agenda to contribute to the fight against Anti-Microbial Resistance.

Competitive Landscape:

Key players operating in the global inhaled antibiotics market are Gilead Sciences, Aradigm, Lupin Ltd., Polyphor, Insmed Incorporated, Philip Morris International Inc, Pharmaero, Savara Pharmaceuticals, Joincare Pharmaceutical Group, Teva Pharamceuticals, Altan Pharmaceuticals, Raptor Pharmaceutical Corp., Cipla Limited, Maya Biotech Pvt. Ltd., Medisol Lifescience Pvt. Ltd., Nivon Specialties, Sentiss Pharma Pvt. Ltd., Ultratech India Limited, Midas Care Pharmaceuticals Pvt Ltd., Precept Pharma Ltd., Luckys Pharma and Pharmaxis Ltd.

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Detailed Segmentation:

Global Inhaled Antibiotics Market, By Product Type:

  • Aerosol
  • Dry Powder
  • Formulation
  • Spray

Global Inhaled Antibiotics Market, By Application:

  • Pneumonia
  • Asthma
  • Bronchitis
  • Others

Global Inhaled Antibiotics Market, By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Global Inhaled Antibiotics Market, By Region:

  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country:
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country/Region:
      • South Africa
      • Central Africa
      • North Africa

Related Market Intelligence Reports:

Asthma And COPD Market, By Drug Type (Bronchodilators (Short Acting Bronchodilators, Long Acting Bronchodilators), Anti-Inflammatories (Inhaled Corticosteroids, Leukotriene Modulators and Others), Combination Therapies), By Disease Type (Asthma, and COPD), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and By Region (North America, Latin America, Europe Asia, Pacific Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

Allergic Asthma Therapeutics Market, By Drug Type (Corticosteroids, Bronchodilators, Leukotriene modifiers, Immunotherapy, Biologics, and Others), By Route of Administration (Oral, Inhaled, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Artificial Intelligence

Identity Threat Detection and Response (ITDR) Market worth $35.6 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, May 10, 2024 /PRNewswire/ — The growing need for identity-centric security solutions brought on by an increase in cyberattacks and regulatory compliance requirements will define the Identity Threat Detection and Response (ITDR) Market in the future. The growth of ITDR solutions towards more proactive and autonomous security operations is being shaped by several major trends, including integration with IAM platforms, use of AI and ML technologies, and emphasis on UEBA and Zero Trust security.

The global Identity Threat Detection and Response Market size is projected to grow from USD 12.8 billion in 2024 to USD 35.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period, according to a new report by MarketsandMarkets™. The expansion of identity threat detection and response (ITDR) is propelled by the continuously evolving global threat landscape and combating threat-targeting identities and identity systems. ITDR provides response strategies ensuring the protection of sensitive and confidential data.
Browse in-depth TOC on “Identity Threat Detection and Response (ITDR) Market”
266 – Tables 48 – Figures273 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259116012
Scope of the Report
Report Metrics
Details
Market size available for years
2022-2029
Base year considered
2023
Forecast period
2024-2029
Forecast units
Value (USD) Billion
Segments Covered
By offering deployment mode, organization size, vertical and region
Region covered
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
Companies covered
Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield (Israel), Acalvio (US), Authorize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mix mode (US). 
Governments worldwide increasingly emphasize the importance of robust identity threat detection and response (ITDR) solutions to counter growing cyber threats and safeguard critical infrastructure. Key initiatives include funding research and development grants, supporting startups through grants and incubator programs, and enforcing data privacy regulations like GDPR and CCPA. They also promote cybersecurity frameworks, critical infrastructure protection standards, and public awareness campaigns. Collaboration with the private sector, through partnerships and procurement policies, further drives ITDR market growth. These efforts underscore a global recognition of ITDR’s significance in enhancing digital security and compliance with industry regulations.
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By deployment mode, the cloud segment is expected to demonstrate the highest growth rate in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing a notable shift towards cloud-based deployments, which are projected to dominate in the coming years. Cloud solutions offer various advantages, including scalability, reduced infrastructure costs, faster deployment, improved accessibility, and automatic updates. With businesses increasingly adopting cloud technologies and prioritizing agility and innovation, cloud-based ITDR solutions align well with this evolving landscape. The cybersecurity skills shortage further drives the preference for cloud solutions, given their built-in automation and ease of management. While on-premises ITDR solutions may still be favored in scenarios with stringent data security requirements, the overall trend favors cloud-based deployments due to their scalability, agility, and cost-effectiveness. Cloud providers continue to innovate and enhance their offerings, making them increasingly attractive to businesses of all sizes, ultimately shaping the dominance of cloud-based ITDR in the foreseeable future.
Based on organization size, the SMEs segment is projected to exhibit the highest growth rate at the highest CAGR during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is set for significant growth, particularly among Small and Medium-Sized Enterprises, driven by several key factors. SMEs face increased vulnerability due to limited security resources, a growing reliance on digital tools, and evolving cyber threats. Heightened awareness of cyber risks and emerging data privacy regulations are pressuring SMEs to invest in ITDR solutions. The affordability and scalability of cloud-based ITDR solutions further contribute to SME adoption. These solutions offer improved threat detection, enhanced user access control, and simplified compliance management, positioning SMEs as pivotal drivers of growth in the ITDR market.
Asia Pacific is anticipated to experience substantial growth with the highest CAGR in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing remarkable growth globally, particularly in the Asia-Pacific region, where it is projected to witness the highest Compound Annual Growth Rate. This surge is fueled by several factors specific to the area. APAC’s rapid digital transformation, propelled by adopting cloud computing, mobile technologies, and e-commerce platforms, creates an expanded attack surface for cyber threats. Heightened regulatory focus on data privacy regulations in countries like China, India, and Australia drives the demand for robust ITDR solutions to ensure compliance. The emergence of domestic cybersecurity vendors in APAC and the increasing adoption of cloud-based ITDR solutions contribute to market growth. Government initiatives, such as heavy investments in cybersecurity infrastructure and public-private partnerships, create a supportive environment for the ITDR market’s expansion. Despite facing challenges like a shortage of skilled cybersecurity professionals, the APAC region’s unique dynamics position it as a key driver of ITDR market growth. It is crucial in protecting critical infrastructure and businesses against cyber threats in the digital age.
Top Key Companies in Identity Threat Detection and Response (ITDR) Market:
The major players in the Identity Threat Detection and Response Market are Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield ( Israel), Acalvio (US), Authomize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mixmode (US).
Recent Developments
January 2024 – IBM collaborated with ASUS to enhance cybersecurity by utilizing AI-powered security technologies to detect and remediate attacks swiftly. IBM’s QRadar EDR will be integrated directly into ASUS’s business hardware, supported by MDR services from IBM.January 2024 – Aembit integrates its Workload IAM Platform with CrowdStrike Falcon for real-time security posture assessment, enabling dynamic access policy enforcement. This collaboration enhances ITDR capabilities, ensuring secure workload-to-workload access.October 2023 – BeyondTrust partnered with the AWS SaaS Factory team to build their Identity Security Insights solution as a SaaS offering on AWS. This collaboration helped BeyondTrust navigate business and technical decisions for a successful SaaS model launch.September 2023 – CyberArk collaborates with Accenture to deploy CyberArk Privilege Cloud to enhance PAM solutions. This initiative aims to bolster cybersecurity defenses by managing and monitoring privileged access, which is crucial for ITDR. The collaboration leverages CyberArk’s Identity Security Platform, enabling comprehensive security for identities across various IT environments, aligning with ITDR principles by securing access and mitigating risks associated with privileged accounts.July 2023 – Microsoft partnered with CISA by offering expanded cloud logging capabilities at no additional cost. This initiative directly supports ITDR by improving detection and response to identity-related threats, making it easier for organizations to maintain identity integrity and security through better visibility and monitoring of security incidents.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259116012
Identity Threat Detection and Response (ITDR) Market Advantages: 
ITDR solutions assist avoid security breaches and data loss by enabling organisations to proactively detect and respond in real-time to identity-related threats such account takeovers, credential stuffing, and insider threats.ITDR solutions assist organisations in strengthening their security posture and safeguarding sensitive data and assets from unauthorised access and misuse by continually monitoring user activities, access patterns, and behaviour across digital channels and systems.Rapid incident response is made possible by ITDR systems, which immediately notify security teams of potentially dangerous activity and security issues. This allows the teams to quickly investigate and neutralise threats to minimise the damage to the organisation.By offering thorough visibility, audit trails, and reporting capabilities, ITDR solutions help enterprises comply with legal and regulatory requirements pertaining to identity and access management, data protection, and cybersecurity.ITDR systems with advanced analytics and machine learning capabilities help minimise noise and false positives, allowing security professionals to concentrate on real threats and efficiently prioritise their response efforts.Numerous ITDR systems come with easy-to-use dashboards and interfaces that give security teams the tools and knowledge they need to effectively monitor, assess, and address identity-related threats without the need for in-depth training or specialised knowledge.Organisations may take advantage of their investments and coordinate automated response activities throughout the security ecosystem by integrating ITDR solutions with pre-existing security technologies and systems like SIEM, IAM, CASB, and SOAR platforms.Report Objectives
To describe and forecast the global Identity Threat Detection and Response Market by offering, deployment mode, organization size, vertical, and regionTo forecast the market size of five central regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin AmericaTo analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall marketTo provide detailed information related to significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the marketTo analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major playersTo profile the key players of the Identity Threat Detection and Response Market and comprehensively analyze their market shares and core competenciesTo track and analyze competitive developments, such as Mergers and Acquisitions (M&A), new product developments, and partnerships and collaborations in the marketTo track and analyze the impact of COVID-19 on the Identity Threat Detection and Response MarketBrowse Adjacent Market: Information Security Market Research Reports & Consulting
Browse Other Reports:
Physical Security Information Management Market- Global Forecast to 2029
Operational Technology Security Market- Global Forecast to 2029
Identity Verification Market- Global Forecast to 2028
Cloud Data Security Market- Global Forecast to 2027
Big Data Security Market- Global Forecast to 2026
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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atNorth Shortlisted for Datacloud Global Awards, The Energy Awards and The Women in Green Business Awards

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The leading Nordic data center business achieves multiple new accolades.
REYKJAVÍK, Iceland, May 10, 2024 /PRNewswire/ — atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, today announced widespread industry recognition including shortlisting’s in the `Excellence in Data Centre Europe Award 2024′ category at the Datacloud Global Awards and the `Energy Efficient Partnership of the Year’ category at the Energy Awards.

The Datacloud Global Awards celebrate excellence in the data center and cloud industry, recognizing outstanding achievements, innovation, and leadership across various categories. From pioneering technology solutions to sustainable practices, these awards highlight the trailblazers and visionaries driving the digital transformation landscape forward.
atNorth’s continuous commitment to developing the most advantageous solutions for its clients has led the business to be recognized for its efforts in energy efficiency, data center excellence and as a leader in the data center industry.
Additionally, atNorth’s CFO & Deputy CEO, Eva Sóley Guðbjörnsdóttir has been shortlisted in the `Diversity and Inclusion Champion of the Year’ category at the Women in Green Business Awards, illustrating the commendable ethos of atNorth’s business as a whole, as it champions fairness and the greater good – both internally and at the core of its service provision.
“We are delighted to be acknowledged in a variety of categories across multiple awards,” says Eva Sóley Guðbjörnsdóttir, CFO & Deputy CEO, at atNorth. “As we remain committed to our vision of `more compute for a better world’, this recognition inspires us to continue to advocate for best practice within our business and the industry as a whole.”
The news follows atNorth’s recognition in TechRound’s Sustainability60 campaign, at the UK Green Business Awards and the Tech Capital Awards. The business has also recently announced Anna Kristín Pálsdóttir as Chief Development Officer and Jörgen Larsson as Director of Hyperscale Operations as the business continues to scale to meet the increasing demand for its services.
About atNorth
atNorth is a leading Nordic data center services company that offers sustainable, cost-effective, scalable colocation and high-performance computing services trusted by industry-leading organizations. The business acquired leading High-Performance Computing (HPC) provider, Gompute, in 2023 enabling a compelling full stack offering tailored to AI and other critical high-performance workloads. 
With sustainability at its core, atNorth’s data centers run on renewable energy resources and support circular economy principles. All atNorth sites leverage innovative design, power efficiency, and intelligent operations to provide long-term infrastructure and flexible colocation deployments. The tailor-made solutions enable businesses to calculate, simulate, train and visualize data workloads in an efficient, cost-optimized way.
atNorth is headquartered in Reykjavik, Iceland and operates seven data centers in strategic locations across the Nordics, with additional sites to open in Helsinki, Finland and in Denmark in Q4 2024, as well as its tenth site ready for operation in Kouvola, Finland in 2025.
For more information, visit atNorth.com or follow atNorth on LinkedIn or Facebook.
Press Contact:Caroline BruntonKite Hill PR for atNorth+44 (0) 7796 274 [email protected]
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ProofID wins Judges’ Award for Global Ambition at the 2024 Northern Tech Awards

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MANCHESTER, England, May 10, 2024 /PRNewswire/ — UK-headquartered, global Identity and Access Management (IAM) specialist, ProofID has won the Judge’s Award for Global Ambition at the Northern Tech Awards held at Manchester Cathedral. The company won the award in recognition of its expansion in the USA following the successful acquisitions of Regatta Solutions an Austin, Texas based Identity Governance and Administration (IGA) integrator and PEGRight a Colorado Springs, Colorado based IAM integrator.

 
 
These two acquisitions created a combined business which leads the field as a provider of enterprise identity solutions and global identity managed services across Europe and North America. The awards, organised by GP Bullhound, are a demonstration of the spirit of innovation, resilience, and growth that defines the Northern tech ecosystem.
Tom Eggleston, CEO of ProofID said: “ProofID has always embraced its northern roots, but it’s been an exciting road.”
“Our journey to the international stage continues and reflects not only our ambition to grow via acquisition but also our ability to adapt, innovate and thrive in other territories. It’s truly wonderful for our work to be recognised in this way.”
In 2022, Maven invested £15 million through the Maven UK Regional Buyout Fund to support ProofID’s growth and strategic expansion. Since then, the company has continued to develop its partnerships with IAM vendors, offering broader solutions and enhancing its market position.
The award, accepted by Peter Dolan, CFO of ProofID, is held to showcase leading tech businesses in the North, fuelling growth in its powerful tech economy. The eleventh edition of the Northern Tech Awards ceremony, brought together 250 CEOs, entrepreneurs, and business leaders from across the digital economy, celebrating innovation and excellence in the North of England and Scotland. 
Javed Huq, Managing Director of sponsor, GP Bullhound said: “Congratulations to all the winners of the 2024 Northern Tech Awards.
“Their success is a testament to the remarkable determination and entrepreneurship, which have enabled their businesses to thrive in a challenging market landscape.
“We are immensely proud of the dedication and innovation within the Northern tech ecosystem and believe it is important to celebrate these achievements at tonight’s awards. We are honoured to champion these leading tech businesses and look forward to their continued growth and contribution to the UK economy.”
About ProofID
ProofID is a global identity security partner, integrator and service provider. As a proven identity specialist, ProofID is committed to delivering pain-free, secure and seamless digital user experiences however complex the project. Trusted by Tier 1 enterprises and mid-market businesses around the world to design, deliver and manage IAM and IGA services. ProofID has successfully deployed industry leading technologies into all market sectors with dynamic workforce needs and seamless customer engagements. ProofID’s highly skilled team has been awarded the highest technical accreditations by all their chosen partners including Ping Identity, earning Global Delivery Partner of the Year Award for 6 consecutive years and SailPoint, achieving delivery Admiral status. For more information visit www.ProofID.com.
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