CHICAGO, Jan. 30, 2024 /PRNewswire/ — Cyber threats are always changing, and the market for cybersecurity is being driven by these factors as well as digital transformation projects, regulatory compliance, AI and ML integration, Zero Trust security, IAM emphasis, cloud-native solutions, threat intelligence sharing, and the convergence of IT and OT security. In order to meet the complex cybersecurity problems of an interconnected digital landscape, these trends demonstrate the market’s focus on innovation, resilience, and adaptation. The global Cybersecurity Market size is projected to grow from USD 190.4 billion in 2023 to USD 298.5 billion by 2028 at a CAGR of 9.4% during the forecast period, according to a…
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SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ — Vouch, a leader in business insurance for technology companies, today announces AI Insurance, a novel insurance product that helps AI startups survive lawsuits and innovate faster. AI Insurance offers coverage for financial losses from AI products or services including top-of-mind risks like large language model (LLM) hallucinations, algorithmic bias, regulatory investigations, and claims of IP infringement in systems that utilize AI algorithms. As the AI sector navigates class-action lawsuits, regulatory uncertainty, and heightened scrutiny of risks, AI Insurance is an unprecedented safety net for AI startups. It can pay for defense costs and damages, irrespective of fault,…
Info-Tech’s latest blueprint provides resources to guide IT leaders in adopting a people-centric approach, reshaping application development to drive business value, and enhancing customer experiences in an exponentially advancing digital age. TORONTO, Jan. 30, 2024 /PRNewswire/ – Propelled by generative AI and a wave of emerging technologies, the focus of IT delivery is undergoing a significant transformation. This shift is moving IT from a traditional, technology-centric approach to one that emphasizes robust capabilities and tangible business value. Addressing this new pivotal change and how IT leaders can navigate it, Info-Tech Research Group, a global leader in IT research and advisory, has published…
Info-Tech’s latest blueprint addresses the technical aspect of AI’s impact and transformation of infrastructure and operations practices. In the new resource, the firm also emphasizes the changing role of IT professionals in an AI-driven environment and advises them on how best to adapt and thrive in a new era. TORONTO, Jan. 30, 2024 /PRNewswire/ – As AI and exponential technologies continue to evolve, traditional infrastructure and operations (I&O) practices are facing a paradigm shift. The increasing complexity and pace of technological advancements demand a new approach to I&O, where AI is leveraged for greater efficiency, agility, and cost-effectiveness. Recognizing this critical evolution,…
ICF to Deliver Cloud Modernized Kidney Data Reporting System RESTON, Va. , Jan. 30, 2024 /PRNewswire/ — The U.S. Department of Health and Human Services (HHS) recently awarded global consulting and technology services provider ICF (NASDAQ:ICFI) a $33 million recompete contract to continue the modernization of the Centers for Medicare and Medicaid (CMS) system for kidney dialysis data. The contract has a term of three years, including a one-year base and two one-year options. ICF is building an Amazon Web Services (AWS) cloud-based solution for CMS’ End Stage Renal Disease Quality Reporting System (EQRS), which aims to quickly collect, analyze and synthesize large amounts of…
SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ — Diversity Woman Media’s INCLUSION MAGAZINE annually highlights DEI leaders and organizations that are at the vanguard of shaping and implementing innovative inclusion efforts across multiple industries. These executives and their organizations are the leading-edge catalysts shaping today’s rapidly evolving diversity, equity, and inclusion landscape. Utilizing data, AI, and pioneering programming, these thought and practice leaders are making a tremendous impact on ensuring inclusion for all and tying inclusion to larger business goals. Inclusion Magazine’s annual issue demonstrates not only the impact of individuals, but the exponential impact when forward-thinking organizations work hand in hand with those leaders. The…
Exterro Assist brings the power of large language models to boost user productivity by enabling users to automate actions, generate data insights, and search precisely, all in natural language. PORTLAND, Ore. and COIMBATORE, India, Jan. 31, 2024 /PRNewswire/ — Exterro, a leading data risk management software company, today announced Exterro Assist, an advanced AI assistant for E-discovery, privacy and data governance, forensic investigations, and cybersecurity experts. Boasting a wide range of capabilities, Exterro Assist is embedded within Exterro products, enabling customers to quickly search and retrieve contextually relevant information and automate complex workflows using natural language, increasing productivity by as much as 75%. Exterro Assist…
Recurring Revenue up 35% YoYCloud revenue up 46% YoY as new and existing customers move to IFS cloud. LONDON, Jan. 30, 2024 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced its financial results for the full year ending December 31, 2023.The company posted exceptional results with software revenue growth at 33 percent year-on-year and cloud revenue up 46 percent as new and existing customers accelerate the move to IFS Cloud, a market leading single cloud platform, allowing customers to access the latest Industrial AI capabilities most critical to our focus industries. IFS is consistently recognized internationally as…
SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ — Primer Technologies, an AI/ML technology firm specializing in decision-ready AI, has appointed three accomplished professionals to its executive leadership team. Leonard Law joins as Chief Product Officer. Leonard has decades of product experience from his time as Head of Product at Coinbase and his various senior level positions at Google where he led product initiatives for YouTube and Google Cloud. Edgar Ejercito, the company’s new Chief Financial Officer, brings over 20 years of public and private company finance experience from his time at various software companies, including most recently Everlaw. In addition, Edgar,…
New York, Jan. 30, 2024 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform connecting brands and businesses to high-quality content, today announced that its Board of Directors has declared a cash dividend of $0.30 per share of outstanding common stock on January 29, 2024, payable on March 14, 2024, to stockholders of record at the close of business on February 29, 2024. This represents an increase of approximately 11% over the previous quarterly dividend of $0.27 per share of outstanding common stock. Commenting on the announcement, Paul Hennessy, the Company’s Chief Executive Officer, said, “The Board’s decision to…