Tag: Cloud

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Technology

John Sarkis joins Align as Chief Revenue Officer

NEW YORK — (BUSINESS WIRE) — #ITtransformation—Align, the premier global provider of technology infrastructure solutions and managed IT services, today announced the appointment of John Sarkis as Chief Revenue Officer.


John brings 20+ years of experience leading high-performance business lines in various sales initiatives focused on hybrid cloud, security, data center, managed services and cloud solutions. Prior to joining Align, he managed business unit transformations for prominent organizations including NTT America, Digital Realty and Deutsche Telekom.

“John’s extensive industry knowledge uniquely positions him to drive and enhance our comprehensive IT Transformation solution, as well as advance key partnerships for Align,” said Jim Dooling, CEO and president of Align. “His frontline expertise in enterprise IT infrastructure transformations will add value to both our clients and our organization, positioning Align at the forefront of providing hybrid outsourced models for IT.”

John’s primary focus is expanding upon Align’s global reach of offering clients transformational solutions that deliver future-state models fit for their scaling business needs. This includes both leading the company’s growth across its core lines of business and increasing the user base within Align’s Managed Services Platform.

“I am extremely excited to join Align and be a part of the successful evolution as a premier Managed Services provider within the Financial Services community, as well as leading the charge in expanding our offering into new verticals,” said John.

About Align

Align is a premier provider of technology infrastructure solutions. For over 35 years, leading firms worldwide have relied on Align to guide them through IT challenges, delivering complete, secure solutions for business change and growth. Align is headquartered in New York City and has offices in London, Chicago, San Francisco, Arizona, New Jersey, Texas and Virginia.

Learn more about Align’s IT transformation services at https://www.align.com/it-transformation and follow @AlignITAdvisor.

Contacts

Ashley Holbrook

aholbrook@align.com
212-546-6159

Categories
Business

OwnBackup ranked number 79 fastest-growing company in North America on Deloitte’s 2020 Technology Fast 500™

Cloud Data Protection Leader Accelerates Momentum with 1,486% Three-Year Growth, New Executive Leadership, and Global Expansion

ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–OwnBackup, a leading cloud-to-cloud business continuity platform, today announced it ranked 79 on Deloitte’s Technology Fast 500™, a listing of the fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. As highlighted by this distinguished award, OwnBackup’s revenues grew 1,486% and its customer base increased by 520% percent over the last three years.

To take this impressive momentum to the next level, OwnBackup recently expanded its world-class executive leadership team, appointing Jeannie Mun as chief financial officer, Leo Minervini as chief information officer, Travis Howe as chief information security officer, and Laura Cooper as chief people officer. In addition, new leaders in Asia Pacific and Europe joined to support growing customer demand for SaaS data protection in these markets. They will build on OwnBackup’s solid base of 2,600 customers worldwide—more than 29 percent of which are based outside the United States.

“The current pandemic is shining a bright light on several key trends that have been fueling business resilience ever since we first imagined OwnBackup. In this ever-changing business environment, digital transformation, cloud complexity, and artificial intelligence are all accelerating faster than anyone expected,” said Sam Gutmann, CEO of OwnBackup. “We’re putting the right people and practices in place to scale our business as we help forward-looking leaders in our growing customer ecosystem rapidly adapt and prepare for whatever paradigm shift comes next.”

New c-level executives poised to supercharge growth

Joining OwnBackup as CFO, Mun’s financial leadership experience spans high growth technology organizations such as MediaMath, which achieved a six-year compound annual growth rate of over 100% during her tenure, and OysterBooks, which was acquired by Google. Earlier in her career, she was an investment banker with Jordan Edmiston Group and a management consultant with Deloitte Consulting. “I’m thrilled to join such a great company and help lay a solid foundation for long-term viability and continued scale,” said Jeannie Mun, CFO at OwnBackup. “We have a clear and compelling opportunity to leverage OwnBackup’s impressive technology and IP to further expand our customer base and product offerings into numerous new markets.”

Leo Minervini joined OwnBackup to head the company’s global IT organization, bringing strategic technology experience from Trifecta Technologies, Carlo’s Bakery, Oracle, and Trend Micro. As CISO, Travis Howe leads OwnBackup’s security, privacy, and compliance initiatives. He is a visionary executive with experience as a United States Navy cryptologist, the security lead for the western third of the U.S. power grid, and a U.S. space command classified network architect. Laura Cooper manages the company’s global human resources, talent, recruiting, and facilities operations, adding valuable HR operations expertise from her leadership roles at Bluecore, Franklin Templeton Investments, Samsung Electronics America, and NICE Systems.

About Deloitte’s 2020 Technology Fast 500™

Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019. Overall, 2020 Technology Fast 500™ companies achieved three-year revenue growth ranging from 175% to 106,508%, with median growth of 450%.

About OwnBackup

OwnBackup, the leading cloud-to-cloud backup and restore vendor, provides secure, automated, daily backups of SaaS and PaaS data, as well as sophisticated data compare and restore tools for disaster recovery. Helping more than 2,600 businesses worldwide protect critical cloud data, OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors, and rogue applications. Built for security and privacy, OwnBackup exceeds the General Data Protection Regulation (GDPR) requirements for backed-up data. Co-founded by seasoned data-recovery, data-protection, and information-security experts, OwnBackup is a top-rated backup and restore ISV on Salesforce AppExchange and was awarded the Salesforce Appy Award in 2018. OwnBackup ranks number 25 on the 2020 Financial Times Americas’ Fastest Growing Companies list and 79 on the 2020 Deloitte Technology Fast 500™ list. Headquartered in Englewood Cliffs, N.J., with R&D, support, and other functions in Tel Aviv and London, OwnBackup is the vendor of choice for some of the world’s largest users of SaaS applications.

For more information, visit ownbackup.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Contacts

Mike Melone

908-229-6300

mike@ownbackup.com

Categories
Business

NICE Actimize announces ENGAGE LIVE, the largest virtual financial crime risk management customer event of the year, focused on the power of always on AI

Over 1000 attendees from leading Global financial services organizations will attend the conference featuring 35+ sessions dedicated to financial crime solutions and services

HOBOKEN, N.J.–(BUSINESS WIRE)–#Engage–Navigating today’s “Always On” environment with zero compromise requires powerful innovation and smart, strategic decisioning. With this in mind, NICE Actimize, a NICE (NASDAQ: NICE) business today announced ENGAGE LIVE, the financial crime industry’s largest virtual customer event of the year. To be held on October 14-15, 2020, this free event will provide unprecedented insights to guide business decisions at the world’s leading financial institutions. Global financial services organizations will attend the event, featuring more than 35 sessions and six tracks dedicated to financial crime solutions and services.

Focused on the “Always On” environment reflected within the rapidly-changing financial crime industry, the event highlights innovation fueled by Digital Acceleration, Cloud Transformation, Always on AI and Actionable Data. Spotlighted at the interactive Solutions Showcase, event attendees can view the latest technologies in action from NICE Actimize and its X-Sight Marketplace partners. The Showcase will also feature strategic partners, including Infosys, a global leader in next-generation digital services and consulting. Online “Pods” will be staffed for live chat and networking opportunities.

Featuring content to suit every role and interest across anti-money laundering, enterprise fraud, financial markets compliance, and case management, this global event offers a wealth of informative sessions, including visionary keynotes from Craig Costigan, NICE Actimize CEO; Chad Hetherington, NICE Actimize VP, Global Head of Product; and Yossi Levin, NICE Actimize VP, Global Head of Engineering.

Danica Patrick, Robert Herjavec Headline Celebrity Keynotes

On October 14, Danica Patrick, former world-renowned racing driver, will also deliver a keynote to kick off the event. As a professional racecar driver, Patrick broke barriers and set records with her impressive on-track performance. Attendees will have the exclusive opportunity to hear her story and unique perspective on how to stay ahead with speed and agility.

And entrepreneur and leading Shark featured on ABC’s Shark Tank, Robert Herjavec, will join ENGAGE LIVE on October 15. Born in Eastern Europe, and escaping Communism with his parents from the former Yugoslavia, Herjavec rose to launch his own computer company from his basement. In 2003, he founded the Herjavec Group, and it quickly became one of America’s fastest growing technology companies. His motivational business advice has received millions of impressions through TV, print, radio and digital media.

Additional guest speakers include Frank McKenna, Chief Fraud Strategist of Point Predictive, and author of the well-known industry blog “FrankonFraud.” McKenna is an advocate for fraud managers and data scientists, who has dedicated his career to fighting fraud across the world. He has worked with over 200 banks, lenders, and finance companies, to solve fraud issues that impact customers.

“Organizations that accelerate digital transformation will become tomorrow’s leaders,” said Craig Costigan, NICE Actimize CEO who will deliver the opening keynote. “Balancing risk and customer experience is an imperative to transitioning successfully. To help our customers perfect that balancing act, we’ve introduced several innovations fuelled by the Power of our ‘Always On’ AI strategy which is built on the solid foundation of our cloud platforms, Xceed and X-Sight, which provide ease and flexibility for organizations of all sizes.”

To register for ENGAGE LIVE, go to our registration link by clicking here.

To view the complete ENGAGE LIVE Agenda, please click here.

Additional NICE Actimize ENGAGE LIVE resources:

About NICE Actimize

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.

About NICE

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contacts

Corporate Media Contact:

Cindy Morgan-Olson, +1-646-408-5896, ET, NICE Actimize, cindy.morgan-olson@niceactimize.com

Investors:

Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Yisca Erez, +972-9-775-3798, CET, ir@nice.com

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Categories
Business

Texas Farm Bureau Insurance expands lines of business on Majesco Policy for P&C

Farm Liability Now in Production

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global leader of cloud insurance software platforms, today announced Texas Farm Bureau Insurance expanded the lines of business on Majesco Policy for P&C with Farm Liability, converting from their legacy home-grown system. This follows their upgrade to Majesco CloudInsurer® announced in December 2019 and demonstrates their agility and speed to market for new lines of business.

“We’re continuing to modernize our operations by leveraging the Majesco Policy for P&C for a broader portfolio of our business to provide our customers with next generation capabilities that will enhance our service and strengthen our customer satisfaction ratings,” says Craig Daughtery, Vice President of Underwriting at Texas Farm Bureau Insurance. “Majesco continues to deliver on its promise of providing innovative solutions delivered with speed and quality.”

Texas Farm Bureau Insurance has been protecting customers since 1952 with a mission to help customers manage financial risks of everyday life and successfully recover from any insured loss through prompt, professional and personal service. For nine consecutive years, it has been proudly ranked “Highest Customer Satisfaction among Auto Insurers in Texas” by J.D. Power. Texas Farm Bureau Insurance has been a customer of Majesco since 2015.

The expanding partnership will help Texas Farm Bureau Insurance to continue to deliver speed and scalability to their leading commercial lines of operation, ensuring top-level customer service.

“We’re proud to have Texas Farm Bureau Insurance as a partner and support them in their digital transformation,” says Prateek Kumar, EVP of Majesco. “As an organization who prides themselves on customer satisfaction, we’re happy to have helped them continue to press boundaries and improve their overall customer experience.”

About Majesco

Majesco (NASDAQ: MJCO) provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal. Over 200 insurance companies worldwide in P&C, L&A and Group Benefits are transforming their businesses by modernizing, optimizing or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® LifePlus Solutions (AdminPlus, AdvicePlus, IllustratePlus, DistributionPlus); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); Digital1st® Insurance with Digital1st® eConnect, Digital1st® EcoExchange and Digital1st® Platform – a cloud-native, microservices and open API platform; Distribution Management, Data and Analytics and an Enterprise Data Warehouse. For more details on Majesco, please visit www.majesco.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under “Item 1A – Risk Factors” in Majesco’s Annual Report on Form 10-K, as amended by its Quarterly Reports on Form 10-Q.

Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: the adverse impact on economies around the world and our customers of the current COVID-19 pandemic; our ability to achieve increased market penetration for our product and service offerings and obtain new customers; our ability to raise future capital as needed; the growth prospects of the property & casualty and life & annuity insurance industry; the strength and potential of our technology platform and our ability to innovate and anticipate future customer needs; our ability to compete successfully against other providers and products; data privacy and cyber security risks; technological disruptions; our ability to successfully integrate our acquisitions and identify new acquisitions; the risk of loss of customers or strategic relationships; the success of our research and development investments; changes in economic conditions, political conditions and trade protection measures; regulatory and tax law changes; immigration risks; our ability to obtain, use or successfully integrate third-party licensed technology; key personnel risks; and litigation risks.

These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.

Contacts

Laura Tillotson

Director, Marketing Communications and Creative Services

+ 201 230 0752

laura.tillotson@majesco.com