INFRASTRUCTURE,CYBERSECURITY

MicroAge Expands its Cybersecurity and Infrastructure Expertise with the Acquisition of cStor

MicroAge | July 16, 2022 | Read time : 02:00 min

MicroAge Expands news
MicroAge, The Digital Transformation Experts®, announced the acquisition of cStor, a leading provider of cybersecurity, modern infrastructure, and digital transformation solutions. The acquisition will expand MicroAge's robust digital transformation service offerings to provide enhanced solutions and services for its clients, including a mature cybersecurity practice as well as extensive data center delivery and networking engineering expertise.

cStor was founded in 2002 by Bill Nowlin and initially launched as Custom Storage, providing data center consulting and solutions. Over the past few decades as technology and cybersecurity threats have rapidly evolved, cStor stayed in lockstep with the technology landscape, developing comprehensive offerings and expertise in cybersecurity, digital transformation, and modern infrastructure. In support of those practice areas, the company also expanded its professional services capabilities to enhance the value and improve overall business outcomes for clients.

"Together, our companies are even better positioned for scale and growth, With our combined expertise, we can positively impact our clients' business outcomes with shared resources that expand our services, market knowledge, technology access, and technical expertise."

-Rob Zack, CEO of MicroAge.

Since our inception, cStor has been dedicated to client success by architecting solutions through innovative problem solving and an understanding of our clients' overall business challenges, said Larry Gentry, president and CEO of cStor. By joining MicroAge, we are better positioned to deliver the most impactful solutions and services that will successfully transform our clients' businesses now and into the future.

About cStor-
cStor helps organizations strategize, design, and implement cybersecurity, digital transformation, and modern infrastructure solutions and services that address the evolving needs of today's enterprise. cStor's proven capabilities with best-in-class technologies provide peace of mind and put organizations on a path to success. cStor serves clients throughout the Southwest with a focused, collaborative approach and superior results.

About MicroAge-
MicroAge combines a powerful mix of technology services, backed by vendor-certified engineers and an acclaimed panel of experts to deliver the competitive edge technology leaders need to lead in a disruptive, digital environment. A Gold-Certified Microsoft partner, MicroAge is recognized annually by the Computer Reseller News (CRN) in the Tech Elite 250, Solution Provider 500, and MSP 500 lists of top-performing technology integrators, strategic service providers, and IT consultants.

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Spotlight

Everyone experiences occasional sadness, but these feelings usually pass within a few days. Depression, interferes with daily life and may last for weeks at a time. Most people, even those with the most severe forms of depression, can get better with treatment. Depression is a common and serious illness. National survey data from 2005 through 2009 showed that about one 1 out of 10 women 18-44 years old experienced symptoms of major depression in the past year.

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CYBERSECURITY

U.K. Firms Adapting Security Strategies for Cloud, Resilience

ISG | September 06, 2022

Enterprise security leaders in the U.K. are focused on cloud security, building up resilience against threats and aligning cybersecurity strategies with overall business goals, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for the U.K. finds these objectives are the top priorities for chief information security officers (CISOs) in U.K. organizations. The growing use of cloud models such as infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) is forcing companies to adapt their cybersecurity approaches, with a focus on holistic resilience that requires more communication and training for employees and outside stakeholders, the report says. “British enterprises are aligning cybersecurity with IT trends and the changing threat landscape, Cloud migration has many benefits but can create new security challenges. To guard against those threats, fundamental technical and organizational measures are needed.” -Roger Albrecht, co-lead, ISG Cybersecurity. The U.K. government has recognized the importance of cybersecurity and is making major investments to protect British enterprises and foster a growing cybersecurity industry, ISG says. According to a 2022 study by the U.K. National Cyber Security Centre, 39 percent of businesses in the U.K. had experienced a cybersecurity breach in the past 12 months, and for large and midsize companies, the average cost of a breach is £19,400. The government’s cybersecurity strategy is now kicking off its fourth year with an emphasis on boosting the U.K. digital economy, which includes about 1,400 cybersecurity businesses, ISG says. As enterprises in the U.K. face increasing IT complexity, the establishment of permanent hybrid work and the need for more agility, many are considering the zero-trust (ZT) security model, ISG says. This approach, which requires verification of any device on any network to access enterprise resources, can reduce security cost and risk exposure through uniform security across an organization. “Zero-trust is a major change that affects many aspects of enterprise security, Experienced service and solution providers can help companies implement and operate a ZT environment.” -Jan Erik Aase, partner and global leader, ISG Provider Lens Research. The report also explores other cybersecurity trends in the U.K., including high demand for technical and strategic security services, a shortage of skilled workers and concerns over increasingly tight data protection laws. The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for the U.K. evaluates the capabilities of 95 providers across seven quadrants: Identity and Access Management (IAM), Data Leakage/Loss Prevention (DLP) and Data Security, Advanced Endpoint Threat Protection, Detection and Response (Advanced ETPDR), Technical Security Services, Strategic Security Services, Managed Security Services – Large Accounts and Managed Security Services – Midmarket. The report names IBM as a Leader in five quadrants. It names Accenture, Atos, Broadcom, Capgemini, Deloitte, HCL and Wipro as Leaders in three quadrants each. Microsoft, Orange Cyberdefense and TCS are named as Leaders in two quadrants each. BT, Check Point, Claranet, CrowdStrike, Darktrace, DXC Technology, EY, Forcepoint, HelpSystems, Herjavec Group, Netskope, NTT, Okta, PwC, RSA, Sophos, Tech Mahindra, Trellix, Trend Micro and VMware Carbon Black are named as Leaders in one quadrant each. About ISG Provider Lens™ Research: The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. About ISG: ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.

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CYBERSECURITY

Xage Draws Chevron Backing to Accelerate Zero Trust Adoption in Energy

Xage Security | July 15, 2022

Xage, the zero trust cybersecurity company, today announced investment from Chevron Technology Ventures to further accelerate the use of zero trust in protecting energy and other critical infrastructure from cyber threats. The additional capital extends Xage’s series B venture capital financing for a second time in the last two months, bringing Xage’s total financing to-date to $62M. “Xage’s zero trust security has the potential to expand corporate security standards to environments that increasingly are connected to one another. The technology can provide critical support to cybersecurity and digital transformation needs, This is the latest investment from our Core Energy Fund 7, which focuses on operational enhancement, digitalization and lower carbon technologies.” -Jim Gable, Vice President, Innovation and President of Technology Ventures at Chevron. Xage’s Fabric is specifically designed to bring a zero trust security model to complex environments without requiring an equipment overhaul. The Fabric overlays every machine, app, and data point within an operation to impose granular control over all digital interactions. In addition to the company's Identity & Access Management (IAM), Zero Trust Remote Access, and Dynamic Data Security solutions, Xage recently released a novel multi-layer, multi-factor authentication (MFA) capability designed specifically for real-world operations to block MFA hacks caused by “MFA bombing” and human error. “With Chevron participating in our series B, we’re able to accelerate our impact on energy companies and other critical infrastructure organizations to prevent hacks while building efficiencies and enhancing collaboration, We recently found that 88% of industrial cybersecurity leaders are taking steps to adopt zero trust, and 55% are reporting that zero trust is accelerating digital transformation. It’s our job to make sure these efforts are expedited, and expanded support from investors with deep knowledge of the energy sector will help us achieve that.” -Duncan Greatwood, CEO of Xage. Chevron Technology Ventures joins a growing number of energy sector investors backing Xage. The venture arm of Saudi Aramco invested in Xage’s series A and B; and more recently, Piva Capital, a venture capital firm investing in technologies ushering in a new industrial era, led Xage’s series B, with SCF Partners and Overture Climate Fund joining the round in May. About Xage- Xage is the first and only zero trust real-world security company. The Xage Fabric accelerates and simplifies the way enterprises secure, manage and transform digital operations across OT, IT, and cloud. Xage solutions include Identity & Access Management (IAM), remote access, and dynamic data security, all powered by the Xage Fabric. About Chevron Technology Ventures- Chevron Technology Ventures (CTV) pursues technologies and new business solutions that have the potential to enhance the way Chevron delivers affordable, reliable, and ever-cleaner energy.

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GOVERNMENT BUSINESS

Siemens Government Technologies and Network Management Resources Announce Mentor-Protégé Agreement

Siemens Government Technologies | July 29, 2022

Siemens Government Technologies (SGT), Inc., and Service-Disabled Veteran-Owned Small Business (SDVOSB) Network Management Resources Inc. d/b/a NMR Consulting (NMR), have entered into a U.S. Small Business Administration Mentor-Protégé agreement to build NMR’s capability and capacity for new projects supporting federal government customers responsible for vital national security missions. SGT is the separate but affiliated U.S. government arm of technology powerhouse Siemens. With project teams across the U.S. and internationally, SGT is a leading integrator of Siemens products, technologies, and software to solve some of the most complex government challenges in energy, automation, and digitalization. NMR has more than 25 years’ experience delivering robust solutions for government customers, including comprehensive mechanical and electrical projects for the intelligence community. SGT helps extend Siemens’ longstanding commitment of supporting small and diverse businesses throughout its supply chain operations. In the U.S. alone, approximately 20% of Siemens’ more than 3,000 suppliers qualify as small and diverse-owned businesses, with well over $900 million of goods and services procured from those suppliers annually. With SGT and NMR providing related support and equipment modernization for infrastructure projects – particularly at Department of Defense installations – the mentor-protégé relationship will support NMR’s access to a broader portfolio of opportunities through the Siemens installed base of energy products and technologies. In addition, the two companies can pursue small business and specified set-aside contracts through a joint venture, using NMR’s SDVOSB status under the terms of the mentor-protégé program. “NMR has been a highly valued partner to SGT for more than 12 years across multiple task orders in essential energy and infrastructure work for critical missions, They’ve shown us – and most importantly our customers – their dedication and commitment to strengthen their capabilities and resources, which is why we’re excited to help them take the next steps in the evolution of their business through this mentor-protégé relationship." -John Ustica, interim CEO for SGT. This landmark partnership with SGT will bring both significant benefits to customers and create unprecedented opportunities for revenue growth and business process improvement, said Dave Jones, President of NMR. SGT has been a longstanding partner with unparalleled customer service dedication, and NMR is looking forward to leveraging the synergies developed by both NMR & SGT to bring together people and businesses to provide our customers a better solution. About Siemens Government Technologies: Siemens Government Technologies is the wholly owned, U.S. subsidiary of Siemens Corporation whose mission it is to secure and modernize the largest infrastructure in the world, the U.S. Federal Government. It does so by being the leading integrator of Siemens’ innovative products, technologies, software and services in the areas of digital engineering and modeling, efficient and resilient energy solutions, and smart infrastructure modernization. NMR, a Service-Disabled Veteran-Owned Small Business (SDVOSB), has rigorous program management protocols, vetted project management methodologies, and has developed an advanced equipment procurement program that reduces cost and delivers customer-centric solutions to meet project demands. NMR’s vetted program/project management protocols, comprehensive risk management techniques, innovative procurement solutions, and agile technology implementations have been applied to numerous Federal clients including Missile Defense Agency (MDA), Secure Agencies in the Intelligence Community, and other mission critical DoD entities.

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