News

Backbase Announces Partnership with OneTech Business Solutions

On the 22nd of March, Backbase announced its new strategic partnership with OneTech Business Solutions, Tunisian-based leader in the integration of IT solutions. Through this partnership, OneTech Business Solutions will provide implementation services of the Backbase platform to its customers across Northern and Western Africa.

OneTech Business Solutions and Backbase are together driving innovation in the banking industry by supporting the implementation of the Backbase Engagement Banking platform that helps create captivating and frictionless experiences for both customers and employees. Through this partnership, the two companies aim at revolutionizing the customer experience in the African banking market while facilitating financial inclusion with the help of digital solutions.

Hitachi Vantara Enables Edge-to-Cloud Data Fabric Built on Its Intelligent DataOps Portfolio

On the 16th of March, Hitachi Vantara, the digital infrastructure, data management, analytics, and digital solutions subsidiary of Hitachi Ltd., has introduced new Lumada DataOps capabilities for automated, AI-driven data operations for all enterprise customers and Lumada Industrial DataOps, providing advanced analytics capabilities for industrial use cases.

“Unlike traditional data management solutions that lock customers into proprietary technologies, the Lumada DataOps and Lumada Industrial DataOps portfolio products augment any ecosystem to manage and govern data from anywhere," said Radhika Krishnan, chief product officer at Hitachi Vantara. "No matter where our clients' data lives, we help them discover, analyze, govern and monetize it through Lumada DataOps in addition to data and analytics consulting services, helping clients propel their business with better data insights.”

Avaya Advances to ‘Leader’ Position in The Aragon Research Globe for Team Collaboration as Avaya Spaces Enables ‘People-Centric Collaboration’ in Hybrid Work

On the 23rd of February, Avaya announced it advanced to “Leader” position with Avaya Spaces in The Aragon Research Globe for Team Collaboration 2022. Avaya Spaces is an all-in-one, AI-powered solution with calling, video meetings, chat, posts, file sharing, and task management capabilities empowering users with faster, always-on continuous collaboration. This year, Avaya achieved “Leader” position in four of Aragon Research’s Globe reports: Team Collaboration, Unified Communications and Collaboration (UC&C), Video Conferencing, and Intelligent Contact Center and is one of the only vendors in the industry delivering customers and end-users a Total Experience – the intersection of Customer, Employee, User, and Multiexperience – with expertise across the entire landscape. the intersection of Customer, Employee, User, and Multiexperience – with expertise across the entire landscape.

McAfee Enterprise Security Service Edge (SSE) Portfolio Named a Leader in 2022 Gartner Magic Quadrant for SSE

On the 18th of February, McAfee Enterprise Security Service Edge (SSE) portfolio has been positioned as a Leader in the 2022 Gartner “Magic Quadrant for Security Service Edge” and recognized in the 2022 Critical Capabilities for SSE for its MVISION Unified Cloud Edge (UCE) solution. The Gartner Magic Quadrant report, which evaluates vendors based on their ability to execute and on their completeness of vision, positioned the McAfee Enterprise SSE Portfolio furthest among all vendors for completeness of vision in the Magic Quadrant.

“We are thrilled to be a Leader in the first ever Gartner Magic Quadrant for SSE, in a space that we define as one of the most profound cybersecurity developments of 2021,” said Anand Ramanathan, chief product officer, McAfee Enterprise SSE.

Allot Announces Fourth Quarter & Full Year 2021 Financial Results

On the 15th of February, Allot announced its unaudited fourth quarter and full year 2021 financial results. The main figures include: 5% year-over-year growth of revenues, reaching $41.0 million. Full year revenue went up by 7% year-over-year, reaching $145.6 million. Gross margin on a non-GAAP basis in 2021 was 70% compared to 71% in 2020. GAAP operating loss for Q4 2021 was $3.7 million compared to $1.2 in Q4 2020; Non-GAAP operating loss for Q4 2021 was $2 million compared to an operating profit of $0.5 million in Q4 2020. Allot predicts the forthcoming year to show revenues to be between $147-153 million; and recurring security revenue to be between $10-$15 million.