NEWS
Francisco Partners completes acquisition of Forcepoint
Francisco Partners , a global investment firm that specialises in partnering with technology and technology-enabled businesses , recently announced it has closed on the previously announced acquisition of Forcepoint from Raytheon Technologies . Forcepoint is a global provider of cybersecurity solutions that protects the critical data and networks of thousands of customers throughout the world . Coinciding with the
transaction close , the company ’ s Board of Directors has appointed Manny Rivelo as Chief Executive Officer effective immediately .
As CEO , Rivelo will focus the company ’ s strategy on accelerating enterprise and government agency adoption of a modern approach to security that embraces the emerging Secure Access Service Edge ( SASE ) architecture .
“ Cybersecurity has never been more important for businesses and governments around the world . As we continue to see broad-scale global attacks , the cybersecurity industry needs to evolve to deliver security capabilities to match those of today ’ s sophisticated threat actors ,” he said . “ Likewise , every organisation today needs to evolve its security posture to holistically integrate cybersecurity across the entirety of its business operations and culture . It can no longer be viewed as ‘ just an IT issue ’. I look forward to solidifying Forcepoint ’ s leadership position as the global cybersecurity partner of choice for enterprises and government agencies .”
Rivelo joins Forcepoint with more than 30 years of experience across executive leadership , product management , customer support and sales functions with some of the world ’ s leading security and Information Technology companies .
SAP announces cloud-based time tracking solution to simplify HR processes
SAP SE has announced the SAP
SuccessFactors Time Tracking solution . The new cloud-based solution provides organisations with simple , innovative tools to record , approve and monitor the time of their workforce . Built with an intuitive user interface , SAP SuccessFactors Time Tracking enhances the employee experience and helps ensure people are paid accurately , on time and in accordance with local regulations .
With advanced time and attendance capabilities , SAP SuccessFactors Time Tracking delivers a real-time view into employees ’ time entry , providing greater transparency into their pay and better control over their work schedule and overtime . Leaders can strategically track and minimise labour costs for both hourly and salaried employees with embedded insights and dashboards , helping to improve productivity throughout the workforce .
The solution integrates with the SAP SuccessFactors Employee Central and SAP SuccessFactors Employee Central Payroll solutions and on-premise payroll software from SAP as well as with clock terminal integration services .
“ The SAP SuccessFactors Time Tracking solution provides employees with the personalisation and simplicity they would expect from a consumer-grade experience ,” said Amy Wilson , Senior Vice President , HXM Product and Design , SAP SuccessFactors . “ At the same time , it delivers the innovation our customers need to manage diverse and global workforces , and provides greater flexibility on their journey towards the cloud .”
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