Artificial Intelligence

Palo Alto Networks Leads the Industry to AI-Powered SASE

Published

1 year ago

March 15, 2023

News Summary
Palo Alto Networks today announced new capabilities to boost its single-vendor SASE solution enabling organizations to automate their increasingly complex IT and network operations center (NOC) functions. Additionally, the company announced features to secure IoT and automate branch management. With new AI-powered capabilities, organizations can confidently rely on Prisma^® SASE to generate better security outcomes and unlock operational efficiencies.

Prisma SASE Improves Security Posture and Reduces Complexity
According to the Gartner^® 2022 Roadmap for SASE Convergence report¹, by 2025, 80% of enterprises will have adopted a strategy to unify web, cloud services and private application access using a SASE/SSE architecture, up from 20% in 2021.

“With so many organizations adopting SASE, it is important to understand that in order to reap the full benefits, they need to move towards a single-vendor SASE approach. A mix-and-match approach increases complexity and makes it challenging to be proactive or isolate issues,” said Kumar Ramachandran, senior vice president for Products, SASE. “With an integrated Prisma SASE, organizations can harness the power of AI across networking and security to enable a great user experience.”

“We recently completed a Zero Trust implementation using Palo Alto Networks Prisma SASE and we have already seen significant improvements in the strength of our security posture,” said Kenneth Ogami, senior vice president and CIO, U.S., Westfield. “We simultaneously deployed SD-WAN from Palo Alto Networks and massively reduced the complexity and cost of our network management, which is critical in retail right now. With the new AI-powered capabilities, we expect to simplify our network management even further to reduce costs, not to mention strengthening our overall security posture even more.”

Natively integrated AIOps to Automate Complex IT Operations
Autonomous Digital Experience Management (ADEM) provides Prisma SASE customers end-to-end observability across their network to enable a great user experience. Now with the addition of AIOps, ADEM will help customers automate complex IT and NOC functions while increasing productivity and reducing mean time to resolution (MTTR). Since ADEM is integrated within Prisma SASE it does not require additional appliances or agents to be deployed. The benefits that AIOps for ADEM can deliver include:

Proactively remediate issues that can cause service interruption through AI-based problem detection and predictive analytics.
Isolate issues faster (reduced MTTR) through an easy-to-use query interface.
Simply and quickly discover network anomalies from a single dashboard.

SD-WAN Innovations to Extend Zero Trust to the Branch of the Future
Branch locations have never been as digitized and hyper-connected as they are today. The strength of SASE is that it converges SD-WAN with a cloud-delivered Secure Service Edge (SSE), helping organizations simplify management, get consistent visibility and leverage AI/ML for smarter decision-making.

Today, Palo Alto Networks is introducing three SD-WAN innovations:

Prisma SD-WAN Command Center provides AI-powered and segment-wise insights and always-on monitoring for network and apps for proactive problem resolution at the branch level. With a comprehensive Command Center dashboard, IT gets visibility into organization-wide application experience and health, enabling expedited root cause analysis.
Prisma SD-WAN with integrated IoT security allows existing Prisma SD-WAN appliances to help secure IoT devices. This enables accurate detection and identification of branch IoT devices. Customers can now enable robust security controls from within the familiar cloud management for Prisma SASE. Other SD-WAN solutions require additional appliances and sensors to be deployed in the network to gain visibility into IoT devices and prevent threats.
On-Prem Controller for Prisma SD-WAN helps customers meet their industry-specific security compliance requirements and works with on-prem and cloud controller deployments. Customers can now choose to deploy Prisma SD-WAN using the cloud management console, on-prem controllers or both in a hybrid scenario.

Cloud SWG with Agent-Based Proxy Support and Industry-First Phishing Detections
Some organizations with proxy-based architectures that need to meet industry-specific requirements are looking to migrate to a SASE-based cloud secure web gateway (SWG). Palo Alto Networks is introducing agent-based explicit proxy support with Prisma Access to enable such customers to benefit from superior cloud-delivered security without the need for networking changes, even allowing the coexistence with third-party VPN agents.

Additionally, Prisma Access Cloud SWG uses Palo Alto Networks Advanced URL Filtering to provide the industry’s only real-time prevention of unknown and highly evasive Man-in-the-Middle (MitM) phishing attacks. Advanced URL Filtering can also help prevent SaaS platform phishing attacks. With the rise in the sophistication and scale of modern web attacks, Prisma Access cloud SWG stays ahead of threat actors to secure customers with its AI/ML-powered detections.

”Organizations are rapidly adopting SASE frameworks, driving innovation for both SD-WAN and SSE. With today’s announcements for Prisma SD-WAN, Palo Alto Networks is demonstrating their commitment to innovation, not just in cloud-delivered security, but in a tightly integrated single-vendor SASE solution that includes industry-leading SD-WAN. Enabling customers to secure IoT devices in branch offices and providing end-to-end visibility to determine branch health utilizing the new SD-WAN Command Center will help them differentiate themselves in the mature SD-WAN market,” said Bob Laliberte, principal analyst of Enterprise Strategy Group.

Artificial Intelligence

Lucinity Appoints Udi Nessimyan as President and Chief Revenue Officer

Published

14 mins ago

April 24, 2024

CISION (PR Newswire)

REYKJAVIK, Iceland, April 24, 2024 /PRNewswire/ — Lucinity , a leader in generative AI for financial institutions, is thrilled to announce the appointment of Udi Nessimyan as its new President and Chief Revenue Officer. Udi brings to the role a wealth of experience from his time in AI development at some of the world’s most prestigious tech companies, including Sealed.ai, Oracle, and Amazon Web Services.

Gudmundur Kristjansson, Founder and CEO of Lucinity, expressed his enthusiasm about Udi’s appointment, stating, “Udi’s proven track record of driving growth and innovation aligns perfectly with our core mission at Lucinity. His strategic acumen and deep industry knowledge are invaluable as we continue to develop and deliver AI solutions that enhance the efficiency and effectiveness of our clients’ operations.”
Udi’s career highlights include co-founding and leading Sealed.ai as CEO, where he spearheaded the development of a cutting-edge conversational AI platform that redefined standards in business communication. At Basis Technology, he was instrumental in driving sales and operational strategies for their flagship products, including Rosette and various Cyber Forensics tools, achieving an annual recurring revenue growth rate exceeding 30%.
In his new role, Udi will focus on refining Lucinity’s approach to marketing, sales, and customer onboarding. His expertise will be crucial in ensuring that Lucinity’s innovative AI solutions are effectively communicated and reach the right audiences, thereby maximizing their impact and facilitating the adoption of the technology.
“Udi’s involvement is vital as we strive to make our AI tools more intuitive and impactful,” said Kristjansson. “His insights and leadership will enhance our ability to deliver these technologies efficiently and effectively, aligning them closely with customer needs and industry demands.”
Under Udi’s leadership, Lucinity is set to deepen its commitment to unleashing human efficiency with AI, expanding the reach and impact of its mission to create AI that makes people better at what they do.
Lucinity thanks its partners and stakeholders for their continued support and interest as it embarks on this exciting new chapter.
About Lucinity:
Lucinity is a leader in generative AI technologies for financial institutions, designed to accelerate workforce efficiency. Its platform features Luci, an AI copilot that enhances intelligence gathering, analysis, and decision-making, allowing institutions to streamline operations and reduce costs. As an open, configurable, no-code platform, Lucinity is a crucial tool for enhancing productivity and operational efficiency in the financial sector.
Media Contact
Celina PabloSenior Marketing [email protected] +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg

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Artificial Intelligence

Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024

Published

14 mins ago

April 24, 2024

CISION (PR Newswire)

STOCKHOLM, April 24, 2024 /PRNewswire/ — The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden.

Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.
Dividend
The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 26 April 2024 and the second with the record date Monday 11 November 2024. The first installment is estimated to be paid on Thursday 2 May 2024 and the second installment on Thursday 14 November 2024.
Election of the Board of Directors and auditor
The Annual General Meeting re-elected Johan Hjertonsson, Carl Douglas, Erik Ekudden, Sofia Schörling Högberg, Lena Olving, Victoria Van Camp, Joakim Weidemanis and Susanne Pahlén Åklundh as members of the Board of Directors. Johan Hjertonsson was re-elected as Chairman of the Board of Directors and Carl Douglas was re-elected as Vice Chairman.
The Annual General Meeting re-elected the audit firm Ernst & Young AB as auditor for the time period until the end of the Annual General Meeting 2025.
Remuneration to the Board of Directors and the auditor
The remuneration to the Board of Directors will totally amount to SEK 9,945,000 (excluding remuneration for committee work). Auditor fees shall be paid according to contract.
Resolution on approval of remuneration report
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to approve the Board’s remuneration report.
Resolution regarding authorization to repurchase and transfer Series B shares in the company
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to authorize the Board of Directors to, on one or more occasions, repurchase Series B shares in the company for the period up until the Annual General Meeting 2025. The repurchase shall maximum comprise so many Series B shares that the company’s holding does not at any time exceed 10 per cent of the total number of shares in the company.
Resolution regarding long-term incentive program
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to implement a long-term incentive program for senior executives and key employees within the ASSA ABLOY Group (“LTI 2024”).
Minutes from the Meeting including complete resolutions will be available on the company’s website assaabloy.com/general-meeting.
For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/resolutions-at-assa-abloy-ab-s-annual-general-meeting-24-april-2024,c3966574
The following files are available for download:
https://mb.cision.com/Main/7333/3966574/2754153.pdf
Press release (PDF)

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Artificial Intelligence

GSTS selected by Canada-US Seaways to provide Enhanced Analytics and Voyage Information System Predictability with OCIANA®

Published

2 hours ago

April 24, 2024

CISION (PR Newswire)

HALIFAX, NS, April 24, 2024 /PRNewswire/ — Global Spatial Technology Solutions (“GSTS” or “the Company”) announced that it has been awarded a contract for a Voyage Information System (VIS) by St. Lawrence Seaway Management Corporation (SLSMC) and Great Lakes St. Lawrence Seaway (GLS) to enhance joint management of bi-national waterways.

GSTS will provide predictions for VIS through OCIANA®, its proprietary, AI powered SaaS platform. OCIANA® is a cyber-secure and scalable system which has been developed in collaboration with, and is used by, ports, shipping lines, pilotage authorities, civil agencies and border security organisations.
At the heart of OCIANA’s offering is robust, predictive data analytics, powered by novel AI algorithms. OCIANA’s data integration framework will assimilate critical information from the Seaway Traffic Management System and GSTS data streams into a predictability model to accurately forecast vessel ETAs, thus providing improved management of voyages and eventually optimizing lockage schedules.
OCIANA® is a flexible platform designed to incorporate the intricate Locks System Rules, ensuring that all vessel movements adhere to safety and operational guidelines. While focusing on a specific segment of the St. Lawrence, vessel management is impacted by dynamic events stretching from the Atlantic approaches to the Great Lakes. The dynamic Lock Schedule Engine leverages various inputs, employing advanced algorithms to manage vessel traffic and schedule lockage, thus enhancing throughput and reducing delays. Through this innovation, OCIANA® will be well positioned to offer superior optimization capability to all major waterways.
“This project will demonstrate OCIANA’s capability to provide unparalleled planning and optimization in a highly dynamic environment impacted by multiple geographic, operational and environmental factors,” said Richard Kolacz, Chief Executive Officer, GSTS. “This award continues to illustrate the versatility of OCIANA® in facilitating enhancements to maritime safety, security and supply chain resilience globally.”
The Great Lakes Seaway system serves as a key supply chain, moving $66B in goods and supporting 356,000 jobs. Optimizing the flow of goods, in a highly dynamic marine trade environment, is crucial to the economies of Canada and the United States.
OCIANA® is configured to adapt to the evolving demands of maritime traffic management, with provisions for incorporating additional data sources and enhancing the Predictability Engine with emerging technologies such as weather machine learning models. GSTS continues to expand its offering to maritime and logistics stakeholders further enhancing its leading position in maritime digitalization and innovation.
About Global Spatial Technology Solutions (GSTS)Global Spatial Technology Solutions (GSTS) is a global maritime intelligence company delivering solutions to enhance decision making across the maritime and logistics industry. Our predictive solutions are enabled by a range of operational, environmental, vessel and cargo data to provide real-time decision making intelligence for ports, terminal operators, shipping lines, logistics companies, importers, exporters, national and international agencies as well as security organisations.
For more information and to explore opportunities to partner with us, contact us today.
Media Contacts: Danica Martis, GSTS, Email: [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/gsts-selected-by-canada-us-seaways-to-provide-enhanced-analytics-and-voyage-information-system-predictability-with-ociana-302125284.html