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Artificial Intelligence

Smarsh Sees Record Growth in Revenue, Expands Executive Team with Two Industry Powerhouse Executives

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Smarsh®, enabling organizations to manage risk and uncover value within their electronic communications, today announced the addition of two senior leaders to its executive team in support of the company’s significant growth and demand for its solutions and services. Since 2017, the company has increased annual revenues by 138%, and has grown its overall employees by 22%. Laurie Ehrbar has been named as Chief Marketing Officer and Goutam Nadella has been named the Chief Product Officer.

Smarsh manages billions of messages every month across email, social media, mobile/text messaging, instant messaging and collaboration, web, and voice channels. Among its over 6500 customers worldwide, Smarsh provides solutions and services for nine of the top 10 banks in the world, and has unrivaled expertise in serving other global financial institutions and US-based wealth management firms across both the broker-dealer and registered investment adviser (RIA) segments.

In her new role at Smarsh, Laurie Ehrbar will oversee the marketing function globally to support new products, solutions, and market expansion. Additionally, in his position, Goutam Nadella will lead efforts at Smarsh to leverage the latest advanced technologies, like Artificial Intelligence and Machine Learning, to create products that deliver unparalleled value to an increasing number of customers worldwide. Greg Vesper, the previous Chief Product Officer at Smarsh, has taken the helm as the company’s Chief Technology Officer.

“We are thrilled to bring two more remarkable executive leaders on to the Smarsh team. They will have immediate impact on the solutions we offer and the markets we reach as we continue to innovate and enable our increasing number of customers to work from anywhere, future-proof their compliance and supervision, protect their companies’ reputations, and reduce their risk,” said Smarsh CEO Brian Cramer. ”

Before joining Smarsh, Ehrbar was the Chief Marketing Officer at Bizagi, a leader in intelligent process automation. While there, she was responsible for all aspects of global marketing and business development. Prior to that, Ehrbar held marketing leadership positions at ServiceNow, Citigroup, and TD Waterhouse.

“Organizations across the globe are going through a massive shift and must rely on digital platforms to communicate and collaborate more than ever before,” said Ehrbar. “Smarsh, having been purpose-built to solve regulatory scrutiny, is positioned to empower their customers like no one else in the industry. When you combine essential technology with a remarkable, talented team – I couldn’t wait to seize the opportunity to join Smarsh and increase our impact.”

Prior to Smarsh, Nadella was the Executive Vice President of Client Solutions at Symphony, a secure, cloud-based, communication and content-sharing platform for the financial services industry. While at Symphony, Nadella leveraged his deep knowledge of technology and capital markets to help create that successful secure and compliant collaboration platform. Before joining Symphony, Nadella held formative senior leadership roles at REDI and Goldman Sachs.

“I’ve always devoted myself to companies whose vision is centered on a relentless pursuit of understanding and serving customers and creating agility in their products,” said Nadella. “That is precisely why I joined Smarsh. They became the leaders in their space because they listen to their customers and they build products that have real impact and can easily scale as a customer’s need increases.”

The additions of the new Smarsh CMO and CPO come on the heels of two major acquisitions in 2020, and its positioning as a leader in Gartner’s Magic Quadrant for Enterprise Information Archiving (EIA) for the sixth consecutive year. 1 In November, Smarsh announced the acquisition of Digital Reasoning, a global leader in Artificial Intelligence and Machine Learning; in May of 2020 Smarsh announced the acquisition of Entreda, the leading provider of comprehensive cybersecurity software, systems and training to the wealth management industry.

Smarsh also earned a robust assortment of awards and recognition last year, including placements in the RegTech100, the Deloitte Technology Fast 500, the Inc. 5000, and multiple accolades from the Portland Business Journal.

“These new leadership appointments, acquisitions, and achievements prove that, despite the unprecedented challenges everyone has faced over the past year, Smarsh has been able to thrive by providing our customers with the best tools on the market,” said Cramer. “As the world returns to a new normal, we are especially equipped to enable companies everywhere to work from anywhere with our innovative solutions.”

Artificial Intelligence

JupiterOne and watchTowr announce partnership to protect business critical assets with broad exposure management capabilities

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SINGAPORE, May 2, 2024 /PRNewswire/ — watchTowr, a leader in external attack surface management (EASM) technology and fuelled by watchTowr Labs, a renowned vulnerability R&D capability, has formed a strategic partnership with JupiterOne. JupiterOne is a leader in cyber asset attack surface management (CAASM) technology. This collaboration enables customers to rapidly prioritize emerging threats within their constantly changing environments, focusing on fixing the most critical risks impacting their business, which enables an end-to-end continuous threat exposure management process (CTEM).

Over 28,000 CVE records were published in 2023; a figure that is expected to increase as attackers shorten the time from known vulnerability to exploit, reducing it from weeks to days. JupiterOne and watchTowr’s integrated solution empowers enterprises to discover their most critical and exploitable vulnerabilities, prioritize them with asset context based on business impact and receive an actionable remediation plan to improve security posture.
This partnership enables a complete continuous threat exposure management program, addressing the full spectrum of cyber risk management. The fully integrated solution provides continuous monitoring and assessment of both internal and external digital assets, allowing for prioritization and effective threat mitigation for a business’s most critical assets. “Our partnership with watchTowr is a game-changer” said Forte. “Combining our data aggregation with real-time asset discovery and automated security testing allows us to offer a unique, all-encompassing approach to exposure management.”
Benjamin Harris, CEO, watchTowr, said, “While the number of reported vulnerabilities continues to rise, the vulnerabilities that matter – in mission-critical, key systems – have exploded at an alarming rate. This reality, combined with the significant shift in speed by attackers to weaponize vulnerabilities – the ability to validate exploitability and prioritise actions based on real business risk has never been more vital. We’re excited to join forces with JupiterOne to give security teams around the globe this much-needed end-to-end capability.”
About JupiterOne:
JupiterOne is a cybersecurity startup delivering powerful software solutions to companies across all industries, providing deep insights to cyber assets and the relationships between, empowering security professionals to have true knowledge and ownership of their attack surfaces.
About watchTowr: 
watchTowr is a global cybersecurity technology company, built by former adversaries.
watchTowr’s world-class External Attack Surface Management and Continuous Automated Red Teaming technology is informed by years of experience compromising some of the world’s most targeted organisations and utilised by Fortune 500, financial services and critical infrastructure providers every day.
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Clarivate Declares Dividend on Mandatory Convertible Preferred Shares

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LONDON, May 1, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT; CLVT PR A) (“Clarivate”), a leading global provider of transformative intelligence, today announced that its board of directors declared a quarterly dividend of $1.3125 per share on its 5.25% Series A Mandatory Convertible Preferred Shares (the “Preferred Shares”), payable in cash on June 3, 2024 to shareholders of record at the close of business on May 15, 2024.

On the mandatory conversion date, which is scheduled to occur on June 3, 2024, each Preferred Share will automatically and mandatorily convert into a number of ordinary shares of Clarivate (and cash in lieu of any fractional ordinary shares) based on the average volume weighted average price (“VWAP”) of Clarivate’s ordinary shares over a 30-trading day period that begins on, and includes, April 18, 2024 and is scheduled to end on, and include, May 30, 2024 (the “valuation period”). If such VWAP is (i) greater than $31.20, then the mandatory conversion rate will be 3.2052 ordinary shares of Clarivate per Preferred Share, (ii) less than or equal to $31.20 but equal to or greater than $26.00, then the mandatory conversion rate will be a number of ordinary shares of Clarivate per Preferred Share equal to $100.00 divided by such VWAP and (iii) less than $26.00, then the mandatory conversion rate will be 3.8462 ordinary shares of Clarivate per Preferred Share. The mandatory conversion rate will be announced following the end of the valuation period. The above description of the terms of the Preferred Shares is not complete and is subject to, and qualified in its entirety by reference to, the “Statement of Rights” for the Preferred Shares, which is filed as Exhibit 3.2 to Clarivate’s annual report on Form 10-K for the fiscal year ended December 31, 2023.
Cautionary Note Regarding Forward-Looking Statements
This communication contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future business, events, trends, contingencies, financial performance, or financial condition, appear at various places in this communication and may use words like “aim,” “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “see,” “seek,” “should,” “strategy,” “strive,” “target,” “will,” and “would” and similar expressions, and variations or negatives of these words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include those factors discussed under the caption “Risk Factors” in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission (“SEC”). However, those factors should not be considered to be a complete statement of all potential risks and uncertainties. Additional risks and uncertainties not known to us or that we currently deem immaterial may also adversely affect our business operations. Forward-looking statements are based only on information currently available to our management and speak only as of the date of this communication. We do not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, except as otherwise required by securities and other applicable laws. Please consult our public filings with the SEC or on our website at www.clarivate.com.
About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.
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Artificial Intelligence

CGTN: 3rd CMG Forum in Beijing discusses AI development

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BEIJING, May 1, 2024 /PRNewswire/ — Focusing on the development of AI, the third CMG Forum was held on Monday in Beijing.

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and the head of the Publicity Department of the CPC Central Committee, attended the opening of the event and delivered a speech.
Guests at the forum stressed the role of media in promoting the innovative application of AI as well as its governance.
Efforts should also be made to boost the development of AI in creating positive, healthy, diverse and high-quality content, so that AI can become a force for good and benefit mankind, they agreed.
They also called on media to accelerate intelligent transformation and help bridge international exchanges and cooperation on the governance of AI to facilitate its healthy, orderly and safe development.
Hosted by China Media Group (CMG), the forum attracted more than 200 participants from international organizations, media, think tanks and multinational companies.
“Innovation and breakthroughs in science and technology not only guide the development and progress of human civilization, but also bring uncertainty to the changing world,” said Shen Haixiong, vice minister of the Publicity Department of the CPC Central Committee and president of CMG. He called for efforts to jointly create valuable and responsible artificial intelligence.
AI technology is affecting every aspect of our lives. Thomas Bach, president of the International Olympic Committee (IOC), stated in a video speech that CMG has always been a partner of the IOC, bringing the charm of the Olympic Games to hundreds of millions of Chinese viewers. He said the IOC invites CMG to work together for the creation of a future with the application of AI in Olympic sports.
“From ancient inventions such as silk, printing and the compass to modern technological advances such as robotics, telecommunications and green technology, China has always been committed to innovation and creation,” said Daren Tang, director general of the World Intellectual Property Organization (WIPO). He said WIPO pays close attention to ensuring a balance between the opportunities and risks of artificial intelligence and is committed to strengthening cooperation to ensure that artificial intelligence is properly used.
https://news.cgtn.com/news/2024-04-30/3rd-CMG-Forum-in-Beijing-discusses-AI-development-1tdDcXvCexG/p.html

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