GOVERNMENT BUSINESS
Octo | August 03, 2022
Octo announced today they are working to deliver their data mesh solutions to federal customers with Amazon Web Services (AWS). Through this effort, Octo will support multiple federal customers seeking to transform into data-driven enterprises and enhance mission value realized from their data analytics investments. This effort will be supported by AWS to develop tailored solutions and service offerings and enhance existing solutions such as Octo's Data Mesh offering.
"Octo's innovative data mesh solution leverages AWS analytics services like Amazon Redshift, Amazon QuickSight, Amazon Kinesis, Amazon EMR, and AWS Glue in a robust, self-service data platform to enable federal government organizations to adopt a new paradigm for meeting the increasing demands for critical analytics data at scale. Together, we are delivering outcomes that increase data value and mission agility by helping agencies embrace product thinking and manage data as a product."
-Cindy Walker, Vice President, Data Center of Excellence, Octo.
Octo and AWS will also work to develop solutions covering the entire data life cycle including effective ingestion, discoverability, and analytics. Mehul Sanghani, CEO of Octo said, "We are pleased to further work with AWS whom we've had a relationship with for several years. Working together to determine the future of Octo's Data Mesh solution is a recipe for success, not just for Octo and AWS, but for federal customers who depend on us to bring next-gen solutions to their most complex challenges."
Octo is using oLabs™ its cutting-edge facility in Reston, Virginia, to address customers' most pressing issues with innovative emerging technology solutions in real time. To learn more about why federal organization need data mesh now, register for the upcoming BrightTalk webinar scheduled for August 18, 2022.
About Octo:
Octo is a technology firm dedicated to solving the Federal Government's most complex challenges, enabling agencies to jump the technology curve. We don't just modernize. We create lasting change through best practices that help agencies implement and integrate at-scale next-generation technology and innovation. With a mission and service first mentality, we provide Agile, DevSecOps, Artificial Intelligence, Cybersecurity, Blockchain, Cloud, Open Source, and Data Science solutions, collaborating to solve customers' pressing problems. Headquartered in Reston, Virginia, Octo delivers proven technology vital to the intelligence community and health care, defense, national security, and civilian agencies that directly impact our nation.
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EMERGING TECHNOLOGY
medZERO | July 14, 2022
LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition.
The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees.
In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston.
Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base.
Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care.
“We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.”
-Craig Froude, Co-Founder and CEO, medZERO.
Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG.
Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business.
Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future.
About medZERO-
medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses.
About LG NOVA-
LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future.
About LG Electronics USA-
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow
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CYBERSECURITY
CREDENCE SECURITY | August 23, 2022
The digital age has led to boundless innovations and advancements; however, it has also resulted in increasing criminal ingenuity. Using emerging technologies such as artificial intelligence (AI) tools in investigations can enhance the ability to identify and investigate attacks and help investigators get to the root cause rapidly. With this in mind, Credence Security has signed a strategic distribution partnership with Voyager Labs, a world leader in AI-based investigation solutions.
Under the agreement, the leading PAN-EMEA specialty value-added distributor will be responsible for delivering, promoting, and providing sales and technical support for Voyager Labs' entire suite of solutions across its expansive channel ecosystem in the Middle East and Africa. Voyager Labs will also establish an office in the UAE to provide local support and expertise to its regional customers.
Voyager Labs' cutting-edge technology has the capability to analyze billions of data points in near real-time, allowing law enforcement and intelligence agencies to identify threats and leads from multiple data sources. Powered by AI, Voyager Labs' offerings bring organizations a unique edge against today's sophisticated cyber threats.
Voyager Labs' world-class solutions include:
VoyagerAnalytics – an in-depth investigation platform, designed to analyze massive amounts of unstructured open, deep, and dark web data, as well as internal data, to reveal actionable insights
VoyagerInsights – an advanced central investigation platform designed to enable investigators to automatically uncovering relevant leads from unstructured and structured data
VoyagerCheck – a risk assessment platform that provides an automated assessment of user behaviour.
VoyagerVision – a comprehensive visual intelligence platform that offers a full suite of visual data analysis capabilities.
With over 10 years of experience developing state-of-the-art solutions for forensic intelligence and law enforcement activities, Voyager Labs' platforms are used extensively within law enforcement and intelligence agencies globally. Our proprietary AI-powered tools have helped prevent and solve crimes at a speed and accuracy that is incomparable and impossible for human analysts.
We are glad to have Credence Security as our regional VAD as we believe that they share our vision for digital forensics innovation and intelligence and that our suite of solutions complements their comprehensive array of offerings. In addition, as we grow our presence in the Middle East and Africa, we are confident that our partnership with Credence Security will help us further accelerate our business and reach across the region.
"AI innovations present tremendous opportunities for the digital forensics community. Voyager Labs offer organizations a significant advantage to keep up with today's sophisticated types of threats and the unprecedented amount of data in each investigation. Voyager Labs' powerful AI-based platforms are a great example of these solutions and we are honored to be their trusted partner in bringing their ground-breaking solutions to our partners and customers in the region."
-Garreth Scott, Managing Director at Credence Security.
As a testament to their commitment to the region, Voyager Labs is also taking part in the second edition of Credence Security's Middle East Roadshow. This event will be held under the theme, Take Your Investigations To The Next Level, will cover key markets such as Egypt, Qatar, Saudi Arabia and the UAE. It will bring together pre-eminent technology experts, vendors and thought-leaders to discuss the latest trends, strategies and innovations in today's security landscape.
Over the years, the Credence Security Roadshow has proven to be the platform of choice for security and digital forensics professionals across the region as we provide a comprehensive understanding of the current trends and digital practices that organizations, whether corporate or traditional law enforcement and governments, need to follow to get ahead of the curve and improve on their digital forensics investigation capabilities by reducing the backlog and increasing the depth and breadth of device and data coverage.
ABOUT CREDENCE SECURITY:
Established in 1999, Credence Security, a PAN-EMEA specialty Value-added Distributor, is a leader in Cybersecurity, Forensics, Governance, Risk and Compliance. With headquarters in Dubai and regional offices in Johannesburg, London, Nairobi, and Hyderabad. We are a pure-play provider of security and forensics solutions, to both public and private sector enterprises across Europe, Middle East, and Africa, through a select network of specialist resellers.
Unlike most other distributors, we take a consultative 'value-add' solution approach, we collaborate with our partners and their customers to understand their needs, both from a technology and business perspective, and then work very closely with our partners to deliver tailor made solutions. Working closely with globally recognized, award winning vendors including Oxygen Forensics, AccessData, ColorTokens, an Exterro company, Finesse, HelpSystems, HumanFirewall, Entrust, ZecOps and ZeroFox, Credence Security delivers best-in-class, Cybersecurity & Forensics technologies and solutions that protect organizations against advanced persistent threats, malicious adversaries and internal malpractice.
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