ISG | September 12, 2022
Overlapping crises and technology trends have heightened cybersecurity concerns in Germany, leading enterprises to increase their investments in security products and services, 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 Germany finds that cyber threats caused by the war in Ukraine, along with disruptions from the COVID-19 pandemic and increasing digitization of enterprises, have expanded attack surfaces and resulted in more cybersecurity breaches in Germany. As companies bring more data, communications and processes into the digital realm, cybersecurity is becoming a higher priority.
“Holistic enterprise security is more than just a current trend, it’s vital to the successful operation of a business, German senior executives understand that cyberattacks can seriously threaten a company’s reputation and finances, so they are paying even greater attention to secure collaboration with third parties, secure core business processes and secure connected and digital products.”
-Roger Albrecht, co-lead, ISG Cybersecurity.
German companies and government agencies are defending themselves against increasingly sophisticated cyberattacks amid a shortage of IT professionals, especially in cybersecurity, the report says. As risks increase in Germany for both large and midsize enterprises, there is a growing need for guidance.
Many organizations are engaging with strategic, technical and managed security service providers for help implementing and constantly honing their defenses. Also, because many attackers breach organizations through social engineering methods such as phishing, companies also turn to providers for consulting and employee training to prevent human errors. Because of strict data protection regulations, most German enterprises rely on providers with security operations centers in Germany.
Remote and hybrid work, which emerged suddenly during the pandemic and is expected to become permanent, has made IT systems more vulnerable to attack as employees connect to enterprises from different locations and through their own devices. To manage this risk, German enterprises are investing in advanced identity and access management (IAM) capabilities, especially cloud-managed systems that can function across multiple cloud installations.
“German companies need to manage more users, devices and digital services than ever, In many cases, service providers are taking on these roles.”
-Jan Erik Aase, partner and global leader, ISG Provider Lens Research.
The report explores a wide range of cybersecurity trends in Germany, including increasing use of zero-trust approaches, the growth of the midsize market and the evolution of endpoint protection from traditional antivirus solutions to AI-based behavioral analysis.
The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany evaluates the capabilities of 97 providers across six quadrants: Identity and Access Management (IAM), Data Leakage/Loss Prevention (DLP) and Data Security, Advanced Endpoint Threat Detection and Response (Advanced ETPDR), Technical Security Services (TSS), Strategic Security Services (SSS) and Managed Security Services.
The report names IBM as a Leader in five quadrants and Atos as a Leader in four quadrants. It names Accenture, Axians, Capgemini, Deutsche Telekom and Microsoft as Leaders in three quadrants each. Bechtle, Broadcom, CANCOM, Computacenter, Controlware and Trend Micro are named as Leaders in two quadrants each. CrowdStrike, Deloitte, DriveLock, DXC Technology, Forcepoint, GBS, HCL, HelpSystems, Infosys, KPMG, Matrix42, Okta, Orange Cyberdefense, Ping Identity, PwC, RSA, SentinelOne, Sophos, TCS, Trellix, VMware Carbon Black and Wipro 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.
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.
EMERGING TECHNOLOGY,GOVERNMENT FINANCE
Inca Digital | September 26, 2022
The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital's government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: "Mapping the Impact of Digital Financial Assets".
The aim of the SBIR is to understand and visualize how digital assets implicate national security.
"Digital asset markets hold amazing promise, but also contend with money laundering, market manipulation, and state actors that may pose risks to U.S. national security, Given the increasing prevalence of digital assets, the Department of Defense and other federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally."
-Adam Zarazinski, CEO of Inca Digital.
As a result of this SBIR, Inca Digital Federal will develop a first-of-its-kind cryptocurrency ecosystem mapping tool for analyzing cross-market crypto-financial data and risk.
The data analytics from Inca Digital will allow both the United States government and commercial companies to:
Perform cross-market, crypto-financial mapping and analysis
Understand relationships between digital asset firms and non-digital asset entities
Identify how cryptocurrency may affect traditional financial systems and vice-versa
Provide insight into the use of blockchain-based technologies linked to money laundering, terrorist financing, and sanctions evasions across systems (e.g., fiat-to-exchange, exchange-to-blockchain, and cross-blockchain transactions)
Better understand money flows in and out of blockchain systems
Identify where recipients of cryptocurrency can exchange it for local fiat currency, or goods and services, globally
Understand how cryptocurrencies are used in different U.S. government/Department of Defense areas of responsibility
This research is being developed by funding from the Defense Advanced Research Projects Agency (DARPA). The views, opinions and/or findings expressed are those of the author and should not be interpreted as representing the official views or policies of the Department of Defense or the U.S. Government.
About Inca Digital:
Inca Digital and its government contracting entity, Inca Digital Federal, analyze data across crypto markets, blockchains, and news and social media to deliver comprehensive intelligence to the financial institutions, technology firms and government entities that are shaping the digital asset space.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
KRAKEN ROBOTICS | September 13, 2022
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that after successful completion of an Innovative Solutions Canada (ISC) Testing Stream contract with the Royal Canadian Navy earlier this year, Kraken has been among the first Canadian companies qualified to sell its innovation directly to the Government of Canada without further competition. This qualification for Kraken’s OceanVision™ solution is under Canada’s new Pathway to Commercialization framework1 initiated by ISC. While this approval does not have a value in of itself, direct purchases can be up to $8 million per contract and are available to all government departments.
“Over the past year, Kraken has had significant interest in its technologies and services from various Canadian Government departments and agencies. We are excited to be able to offer the OceanVision service via ISC’s new PTC program to be an avenue for these departments and agencies to avail of our needed and innovative solutions. Potential applications of the OceanVision service could include habitat mapping and monitoring of Marine Protected Areas (MPAs), high resolution seabed mapping for augmenting Route Survey applications in Port and Harbour Security, or even shipwreck search and survey for marine archaeological requirements. We see significant potential for this service here in Canada.”
-Karl Kenny, Kraken President and CEO.
About Kraken’s OceanVision Service:
Kraken’s OceanVision service provides off the shelf, turnkey ultra-high resolution Synthetic Aperture Sonar (SAS) seabed imagery and bathymetry at an affordable price, delivering higher resolution, range, and area coverage rates (ACR). The increased range, resolution and associated higher ACR of SAS over traditional Side Scan Sonar and Multibeam Sonar systems significantly expands the capabilities of military, scientific, and commercial applications. Kraken’s OceanVision is capable of 2 cm x 2 cm Ultra High-Definition imaging at long ranges.
Kraken’s OceanVision Service can provide significant benefits to government agencies, offering access to cutting edge technology “as needed”, without concern for equipment obsolescence, life cycle costs, or operator skill fade. As it relates specifically to the Government of Canada, Kraken’s OceanVision offers many advantages:
Kraken’s technology greatly enhances image quality and significantly reduces the time of traditional seabed surveys due to its advanced world-leading technology.
OceanVision assets can be deployed to assist in mapping areas of interest ahead of regular operations, with the image quality required to enable change detection and optimize revisit rates. This has the potential to provide the Government of Canada a competitive edge for detecting bottom objects in complex seabeds.
The OceanVision service application can augment existing survey activities while simultaneously supporting nearshore hydrographic mapping and charting requirements on an annual basis with high-definition resolution, freeing up valuable Government assets for other mission critical functions.
OceanVision provides online and offline data analysis capabilities, enabling users to leverage Kraken’s extensive experience in image processing, target detection, and bottom classification.
ABOUT KRAKEN ROBOTICS INC:
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems. The company is headquartered in Newfoundland with offices in Canada, U.S., Germany, Denmark, and Brazil. In July 2021, Kraken acquired PanGeo Subsea, a leading services company specializing in high-resolution 3D acoustic imaging solutions for the sub-seabed. PanGeo with offices in Canada, the United States and the United Kingdom is now a wholly owned subsidiary of Kraken. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.
EMERGING TECHNOLOGY,GOVERNMENT FINANCE
Kaloom | September 09, 2022
Kaloom™ today announced it secured an additional USD 21 million from the Quebec government and current investor, Alternative Capital Group (ACG), who matched the government of Quebec’s investment. This latest investment will support Kaloom's go-to-market strategy and extend its current heterogeneous hardware strategy by supporting additional platforms like SmartNICs and Servers. The latest cash infusion will also allow Kaloom to ramp up sales, and help its global service provider customers benefit from burgeoning Network transformation and 5G-Edge market opportunities.
ACG's participation in this latest financing round is a strong vote of confidence in Kaloom's ability to execute on its vision. In addition to financial support, ACG brings a wealth of experience and resources that are invaluable to Kaloom’s continued business growth.
"ACG is proud to support Kaloom’s continued business growth as the company realizes the vision it set out to achieve, Kaloom's innovative solutions help network providers overcome the major challenges of Network Transformation and 5G-Edge deployments. With Kaloom's help, network providers can deliver the high-speed, low-latency performance that users demand. We look forward to supporting Kaloom in this next growth phase."
-Nicolas Beauchamp, ACG.
This latest cash infusion strengthens Kaloom’s standing as an emerging leader providing fully programmable and automated cloud-native solutions that simplify management and save costs in complex distributed edge networks. Kaloom works with service providers around the globe and plans to expand in Japan, recently registering its business in the country.
"With this investment, we can harness our momentum and continue to serve our global customers while expanding into new markets, Our mission is to empower service providers and operators worldwide with automated and fully programmable distributed edge network solutions that transform underlying network infrastructure and reduce total cost of ownership. This investment is critical to achieving that mission globally and enabling 5G-Edge and private 5G monetization in our industry."
-Laurent Marchand, Kaloom Founder and CEO.
Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that will disrupt how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Kaloom comprises technology veterans with proven track records of delivering large-scale networking, analytics, and AI-based solutions for the world's largest networks. Kaloom is based in the Quartier de l'innovation in Montréal, Quebec.