Information Technology

MYCOM OSI Named as Finalist in the 2021 Leading Lights Awards

LONDON, UK – Sep 7th, 2021 – MYCOM OSI, the leading independent provider of Assurance, Automation and Analytics solutions has been named as a finalist in the Outstanding Use Case: Service Provider AI/Automation category of the 2021 Leading Lights, the global communications industry awards program run by Light Reading (www.lightreading.com). Now in its 17th year, the Leading Lights Awards recognize the industry's top companies and their executives for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovation.

IT capabilities becoming value drivers in highly selective IT services mergers and acquisitions landscape

London, UK – 02 September 2021. The latest IT & Business Services M&A market report from Hampleton Partners, the international technology mergers and acquisitions advisor, reveals that the wave of M&A interest in IT Services has abated, although valuations are picking up again.

The IT & Business Services sector saw a dip in the number of M&A transactions in the first half of 2020, with 326 deals recorded compared to 437 deals in the second half of 2020.

In the first half of 2021 the trailing 30-month median EBITDA multiple ticked up to 8.9x, while the trailing 30-month revenue multiple maintained a higher than median level at 1.2x.

ThreatQuotient Wins Frost & Sullivan’s Best Practices Competitive Strategy Leadership Award for XDR

Company recognised as a transparent and reliable vendor that supports security operations aligned with XDR’s vision

London, UK – 26th August 2021 – ThreatQuotient™, a leading security operations platform innovator, today announced that Frost & Sullivan has presented ThreatQuotient with the 2021 Best Practices Competitive Strategy Leadership Award for excelling in Extended Detection and Response (XDR). Frost & Sullivan strictly reserves this recognition for companies at the forefront of innovation and growth in their respective industries and believes that ThreatQuotient will emerge as a transparent and reliable vendor that supports security operations aligned with XDR’s vision.

Kofax Power PDF Earns 2021 Top Rated Award from TrustRadius

Takes Top Spot in PDF Editors Category

London, U.K. – August 26, 2021 – Kofax®, a leading supplier of Intelligent Automation software for digital workflow transformation, today announces TrustRadius has recognised Kofax Power PDF™ with a 2021 Top Rated Award. The product was also previously recognised by TrustRadius with its 2021 Best Feature Set and Best Customer Support Awards.

With a trScore (an algorithm that calculates a product’s scores based on a weighted average of reviews and ratings) of 8.8 out of 10 and 645 verified ratings and reviews, Kofax Power PDF is recognised by the TrustRadius community as the most powerful player in the PDF Editors category, finishing No. 1.

Logicalis recognised as a Leader in the IDC MarketScape on Worldwide Network Consulting Services 2021 Vendor Assessment

London, U.K, 12 August 2021 — Logicalis, an international IT solutions and managed service provider, announced today that it has been named a Leader in the IDC MarketScape: Worldwide Network Consulting Services 2021 Vendor Assessment (Doc #US48076121, August 2021).

The IDC MarketScape study assesses the capabilities and strategies of many prominent network consulting firms. This evaluation is based on a comprehensive framework and a set of parameters that assess providers relative to one another and to those factors expected to be most conducive to success in each market, in both the short and long term.

Businesses lose up to $250m every year to unwanted bot attacks

Manchester, UK – 11th August 2021—Netacea, the bot detection and mitigation specialist, today announced results from a new report that reveals the high price that businesses pay because of bot traffic.

According to survey respondents, automated bots operated by malicious actors cost businesses an average of 3.6% of their annual revenue. For the 25% worst affected businesses, this equates to at least a quarter of a billion dollars ($250 million) every year.

85% of SMEs understand GDPR but legal requirements are still not being met, new survey reveals

  • 85 percent of UK SMEs are familiar with the GDPR and 80 percent are aware that the GDPR requires data to be kept clean and accurate
  • More than half of SMEs do not clean their data
  • Only 40 percent hold their consumer data in a CRM or similar database
  • 42 percent of SMEs use direct mail to contact their customers or recruit new ones

London, 9 August 2021 – A new survey has revealed that 85 percent of the small- to medium-sized businesses in the UK are familiar with the General Data Protection Regulation (GDPR), but more than half are still not cleaning their data and therefore not adhering to the GDPR’s legal requirements.

73% of organizations suffered data breaches caused by phishing in the last year

London, UK – 3rd August 2021 – Egress’ 2021 Insider Data Breach Survey has revealed that almost three-quarters (73%) of organizations have suffered data breaches caused by phishing attacks in the last year. Remote work has increased the risk, with over half (53%) of IT leaders reporting an increase in incidents caused by phishing. The research also revealed concerns over future hybrid working, with 50% of IT leaders saying it will make it harder to prevent breaches caused by malicious email attacks.

The survey highlights the human cost of phishing – it found that in almost a quarter (23%) of organizations, employees who were hacked via a phishing email were fired or left voluntarily.