|By Business Wire||
|January 3, 2013 09:08 AM EST||
PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today reported the achievement of 2012 year-end milestones including record sales, widespread adoption of its multi-cloud gateway platform and continued strong market momentum leading into 2013.
Last year, the company deployed its Cloud Data Protection Gateway into some of the most demanding global enterprise IT environments, including the operations of the world’s largest multinational conglomerate corporation and two of the largest global financial institutions. The company’s broad-based customer growth among highly complex, regulated organizations underscores the success of its multi-cloud platform approach, which gives enterprise customers the data security they need across a wide variety of cloud applications through a single gateway solution that delivers the strongest levels of security while preserving cloud-application functionality. Security solutions like PerspecSys are part of a rapidly growing category that Gartner refers to as Cloud Access Security Brokers, forecasted to have adoption rates of up to 25 percent among enterprises by 2016.
In addition to client growth, PerspecSys advanced product development by broadening support for a series of cloud applications, expanding its market opportunity to include enterprise users of those services. On top of dozens of new product features, PerspecSys also pioneered an open “pluggable” encryption solution to ensure an enterprise’s preferred or legacy encryption modules can be used within the PerspecSys gateway to protect data being used in its cloud applications (including those that are FIPS 140-2 validated) without impacting the end users experience with their cloud applications.
Patents, Partnerships, Testing & Global Expansion
PerspecSys initiated and broadened significant new technology, delivery and sales partnerships in 2012, extending its ecosystem in a number of important areas to support client needs. Other notable milestones included independent third-party testing and validation for PerspecSys’ entire platform, including its industry-first cloud data tokenization approach, expanded operations in the U.S., Europe and Asia, filing for multiple patents for its innovative technology solution and winning several respected industry awards for its superior cloud data protection solution.
“Cloud data security continues to be one of the top priorities for businesses worldwide, yet there is still so much confusion about what’s really important when it comes to how to protect your most sensitive information,” said David Canellos, CEO, PerspecSys. “At PerspecSys, we make it simple by offering a solution that addresses not only data privacy, residency, and compliance concerns but also the preservation of cloud application functionality across a variety of popular applications. We are the only company to deliver such a complete solution, the only one to offer the strongest levels of tokenization and encryption available, and the only one to offer true multi-cloud support that preserves the greatest amount of application functionality. Thanks to this unique combination and the scalability of our platform, enterprise IT and Security teams consistently select us over competitors as the smartest choice for safeguarding their sensitive enterprise information as they make their move to the cloud.”
2012 Highlights in Brief
Increased Customer Base
PerspecSys has added and retained a record number of clients across the healthcare and medical, manufacturing, defense, public sector, retail, insurance and financial services sectors, contributing to its strong financial and operational growth. When selecting PerspecSys, customers highlighted a number of unique benefits of its gateway versus alternatives in the market, including:
- Unmatched ability to preserve cloud application functionality, such as searching, sorting, emailing, reporting, etc.;
- Not requiring weakened encryption or tokenization techniques be used in order to maintain application usability;
- The ability to offer a robust tokenization approach as a data security alternative to encryption (a unique capability particularly important where data residency regulations are in place);
- Deep partnerships with leading companies in the cloud computing, security and datacenter ecosystem that has produced an open platform, highly scalable and enterprise ready, and multi-cloud capable.; and
- The endorsements from the PerspecSys customer base, validation from industry research analysts, third-party assessors and leading companies in the partner community aligning with PerspecSys.
PerspecSys experienced customer growth across the globe, with significant traction in the Americas, Europe, and Asia Pacific regions.
Expanded Management & Engineering Team
PerspecSys tripled the number of employees in 2013, and hired industry veterans and innovators in sales, marketing, engineering and R&D positions throughout all levels of the organization. New additions to the executive team during the year included:
- Mike Morrissey, vice president of engineering and research & development
- John Emerson, vice president, sales
- Gerry Grealish, vice president, marketing & products
- LJ Alefantis, area vice president sales
- Eric Hay, senior director, systems engineering
- Ed Dean, senior director, technology
- David Stott, senior director, product management
- Dave Vogel, senior director of business development
Added New Partners, Broadened Solution Support and Achieved Interoperability
The company added support for a series of new cloud applications during the year, such as Oracle’s CRM On Demand, Marketing On Demand, and Fusion CRM products, Salesforce.com’s Chatter social collaboration application, Xactly Incent and AppExtreme’s Conga Composer. PerspecSys also collaborated with leading security firms, including Symantec and Ping Identity, to develop seamless interoperability between PerspecSys’ gateway and the industry’s leading Single-Sign-On (SSO) offerings. Additional security partnerships were forged with encryption leaders SafeNet and Voltage Security to offer solutions to the market leveraging PerspecSys’ gateway together with their advanced cryptographic engines. Finally, partnerships were also penned with some of the world’s most influential IT cloud services companies such as Amazon, Fujitsu, and Computer Sciences Corporation (CSC).
PerspecSys continued to win accolades from the industry for its innovations in cloud security, garnering prizes from the Golden Bridge Awards, the Cloud Computing Excellence Awards and the International Stevie Awards. The company was also highlighted in a number of industry analyst reports, including Gartner’s “The Growing Importance of Cloud Security Access Brokers.” PerspecSys executives were sought-after experts in 2012, having been invited to speak or exhibit at key events including Oracle Open World, Cloud Expo, RSA, and other industry events to help educate audiences on the myths vs. realities surrounding cloud data security.
Continued Operational Expansion
In addition to its existing Toronto office, the company opened offices in London, San Francisco and the Washington, D.C. area during the year. These new locations allow PerspecSys to better support its clients and partners, and to leverage the technology innovation coming out of Northern California and the security sector surrounding the U.S. Capital.
The PerspecSys Cloud Data Protection Gateway
The PerspecSys Cloud Data Protection Gateway gives enterprises and public-sector organizations total control over their sensitive data – enabling them to use popular cloud applications from companies like Oracle and Salesforce.com, while still meeting strict legal and industry compliance requirements. Using patent-pending technology, the PerspecSys Gateway intercepts sensitive data while it is still on-premise and replaces it with a randomly tokenized or strongly encrypted value, rendering it meaningless should anyone hack the data while it is in transit, processed or stored in the cloud. In addition, the PerspecSys solution offers the differentiated ability to preserve cloud application functionality – even when the data is tokenized or strongly encrypted – using National Institute of Standards and Technology (NIST) listed FIPS 140-2 compliant modules. With PerspecSys, end users have access to features and functions such as ability to do standard and complex searches on data, send emails, and generate reports – even though the sensitive data is no longer in the cloud application.
PerspecSys Inc. is a provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted throughout the enterprise. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. The company accomplishes this for many large, heavily regulated companies across the world by never allowing sensitive data to leave a customer’s network, while maintaining the functionality of cloud applications. Based in Toronto, PerspecSys Inc. is a privately held company backed by leading investors including Intel Capital and GrowthWorks. For more information on PerspecSys, please visit www.perspecsys.com or follow on Twitter @perspecsys.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Apr. 26, 2015 03:00 PM EDT Reads: 2,515
SYS-CON Events announced today that Ciqada will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Ciqada™ makes it easy to connect your products to the Internet. By integrating key components - hardware, servers, dashboards, and mobile apps - into an easy-to-use, configurable system, your products can quickly and securely join the internet of things. With remote monitoring, control, and alert messaging capability, you will meet your customers' needs of tomorrow - today! Ciqada. Let your products take flight. For more inform...
Apr. 26, 2015 03:00 PM EDT Reads: 1,934
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable older adults to live independent lives while staying connected to loved ones. M2M will continue to gr...
Apr. 26, 2015 03:00 PM EDT Reads: 1,535
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
Apr. 26, 2015 02:00 PM EDT Reads: 2,752
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) application providers dating back to 2004. Cybozu's kintone.com is a leading global BYOA (Build Your O...
Apr. 26, 2015 02:00 PM EDT Reads: 1,579
The best mobile applications are augmented by dedicated servers, the Internet and Cloud services. Mobile developers should focus on one thing: writing the next socially disruptive viral app. Thanks to the cloud, they can focus on the overall solution, not the underlying plumbing. From iOS to Android and Windows, developers can leverage cloud services to create a common cross-platform backend to persist user settings, app data, broadcast notifications, run jobs, etc. This session provides a high level technical overview of many cloud services available to mobile app developers, includi...
Apr. 26, 2015 02:00 PM EDT Reads: 1,429
SYS-CON Events announced today that BroadSoft, the leading global provider of Unified Communications and Collaboration (UCC) services to operators worldwide, has been named “Gold Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling...
Apr. 26, 2015 01:30 PM EDT Reads: 2,562
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of Cloud and Mobile Strategy at GENBAND, will explore what is needed to take a real time communications ...
Apr. 26, 2015 01:00 PM EDT Reads: 1,801
What exactly is a cognitive application? In her session at 16th Cloud Expo, Ashley Hathaway, Product Manager at IBM Watson, will look at the services being offered by the IBM Watson Developer Cloud and what that means for developers and Big Data. She'll explore how IBM Watson and its partnerships will continue to grow and help define what it means to be a cognitive service, as well as take a look at the offerings on Bluemix. She will also check out how Watson and the Alchemy API team up to offer disruptive APIs to developers.
Apr. 26, 2015 12:00 PM EDT Reads: 1,869
The IoT Bootcamp is coming to Cloud Expo | @ThingsExpo on June 9-10 at the Javits Center in New York. Instructor. Registration is now available at http://iotbootcamp.sys-con.com/ Instructor Janakiram MSV previously taught the famously successful Multi-Cloud Bootcamp at Cloud Expo | @ThingsExpo in November in Santa Clara. Now he is expanding the focus to Janakiram is the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquired by Aditi Technologies. He is a Microsoft Regional Director for Hyderabad, India, and one of the f...
Apr. 26, 2015 12:00 PM EDT Reads: 1,678
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Apr. 26, 2015 12:00 PM EDT Reads: 2,329
WebRTC is an up-and-coming standard that enables real-time voice and video to be directly embedded into browsers making the browser a primary user interface for communications and collaboration. WebRTC runs in a number of browsers today and is currently supported in over a billion installed browsers globally, across a range of platform OS and devices. Today, organizations that choose to deploy WebRTC applications and use a host machine that supports audio through USB or Bluetooth can use Plantronics products to connect and transit or receive the audio associated with the WebRTC session.
Apr. 26, 2015 12:00 PM EDT Reads: 1,913
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications Unified Communications Suite gives CSPs the capability to do just that. In addition, its integration ...
Apr. 26, 2015 11:30 AM EDT Reads: 4,429
SYS-CON Media announced today that @ThingsExpo Blog launched with 7,788 original stories. @ThingsExpo Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @ThingsExpo Blog can be bookmarked. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago.
Apr. 26, 2015 11:00 AM EDT Reads: 2,573
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on Twitter at @MicroservicesE
Apr. 26, 2015 11:00 AM EDT Reads: 2,117
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Apr. 26, 2015 11:00 AM EDT Reads: 2,105
Wearable technology was dominant at this year’s International Consumer Electronics Show (CES) , and MWC was no exception to this trend. New versions of favorites, such as the Samsung Gear (three new products were released: the Gear 2, the Gear 2 Neo and the Gear Fit), shared the limelight with new wearables like Pebble Time Steel (the new premium version of the company’s previously released smartwatch) and the LG Watch Urbane. The most dramatic difference at MWC was an emphasis on presenting wearables as fashion accessories and moving away from the original clunky technology associated with t...
Apr. 26, 2015 11:00 AM EDT Reads: 2,117
SYS-CON Events announced today that Litmus Automation will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Litmus Automation’s vision is to provide a solution for companies that are in a rush to embrace the disruptive Internet of Things technology and leverage it for real business challenges. Litmus Automation simplifies the complexity of connected devices applications with Loop, a secure and scalable cloud platform.
Apr. 26, 2015 11:00 AM EDT Reads: 1,758
In 2015, 4.9 billion connected "things" will be in use. By 2020, Gartner forecasts this amount to be 25 billion, a 410 percent increase in just five years. How will businesses handle this rapid growth of data? Hadoop will continue to improve its technology to meet business demands, by enabling businesses to access/analyze data in real time, when and where they need it. Cloudera's Chief Technologist, Eli Collins, will discuss how Big Data is keeping up with today's data demands and how in the future, data and analytics will be pervasive, embedded into every workflow, application and infra...
Apr. 26, 2015 11:00 AM EDT Reads: 1,478
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, will provide some practical insights on what, how and why when implementing "software-defined" in the datacenter.
Apr. 26, 2015 11:00 AM EDT Reads: 1,633