MARKET MOVEMENT
Spire Solutions to bolster
threat intelligence offering
with Digital Shadows
scalable data analytics and human data security expertise to identify,
prioritise and address the most critical threats.
“Real-time TI is a key priority for enterprise and government
organisations in the Middle East region currently, and Digital
Shadows can help them effectively get a handle on the deep, dark
D
isruptive value-added distributor Spire Solutions has partnered
with Digital Shadows, a leader in digital risk protection, to help
customers manage and remediate their risk exposure.
The companies have partnered to address the need for
organisations to continuously monitor external risks as security
teams struggle to keep up with security alert volumes.
Digital Shadows monitors the open, deep and Dark Web for risks
and delivers tailored threat intelligence (TI). The company combines
and open web”, said Avinash Advani, CEO of Spire Solutions.
In its Market Guide for Security Threat Intelligence Products and
Services published last year, Gartner forecasts that by 2020, 15%
of large enterprises will use commercial TI services to inform their
security strategies, which is an increase from fewer than 1% today.
“TI has to be relevant and actionable. Hundreds or thousands
of meaningless alerts or false positives help no one. Thus, we, at
Digital Shadows, really believe in relevant intelligence that provides
real context, which actually helps clients mitigate harmful effects,”
said James Chappell, Co-Founder and Chief Innovation Officer, at
Digital Shadows.
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IBM to acquire Red Hat in ‘game changer’ for cloud landscape
I
BM is acquiring Red Hat in a move that has
been described as a ‘game changer’ for the
cloud industry.
IBM and Red Hat, the world’s leading
provider of open source cloud software, have
announced that the companies have reached
a definitive agreement under which IBM will
acquire all of the issued and outstanding
common shares of Red Hat for US$190.00 per
share in cash, representing a total enterprise
value of approximately US$34 billion.
“The acquisition of Red Hat is a game-
changer. It changes everything about the
cloud market,” said Ginni Rometty, IBM
Chairman, President and Chief Executive
Officer. “IBM will become the world’s number
one hybrid cloud provider, offering companies
the only open cloud solution that will unlock
the full value of the cloud for their businesses.
“Most companies today are only 20%
along their cloud journey, renting compute
power to cut costs,” she said. “The next 80%
56
is about unlocking real business value and
driving growth. This is the next chapter
of the cloud. It requires shifting business
applications to hybrid cloud, extracting
more data and optimising every part of the
business, from supply chains to sales.”
Jim Whitehurst, President and CEO,
Red Hat, said: “Joining forces with IBM will
provide us with a greater level of scale,
resources and capabilities to accelerate
the impact of open source as the basis
for Digital Transformation and bring
Red Hat to an even wider audience – all
while preserving our unique culture and
unwavering commitment to open
source innovation.”