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News Article | March 19, 2010
Site: www.zdnet.com

Six months into his job at EMC, Pat Gelsinger observed that different departments in the organization were "running their own plays", and has since been working hard at "connecting the dots" more firmly between the different business groups reporting to him. The former Intel CTO, who is currently serving as EMC's president and COO for its information infrastructure products, told ZDNet Asia in a phone interview that improving the company's partnerships with other key players are also a priority, with the aim of "enabling new use models" for customers. He pointed to the recent EMC-Intel collaboration as an example. EMC announced earlier this month it was partnering with the likes of Intel, RSA, VMWare and Archer Technologies to unveil a proof-of-concept to embed security on the entire cloud computing stack--from hardware to the applications running atop the infrastructure. "This is an example of connecting the dots that we've been able to get underway since my arrival, and you will see more examples where we will simplify the product line and have unified management capabilities and security... We will do a better job in bringing our portfolio together," said Gelsinger. Outlining EMC's storage plans Gelsinger also announced plans to create a virtual storage center in the cloud last week, according to reports. The project has been described as "a network of geographically distributed data caching appliances that maintain coherency and data consistency with respect to one another", despite great distances spanning between the various network nodes. Gelsinger, during an analyst briefing, noted that this product will have "solved the problem of cache coherency over distance". Queried about this, he said EMC is essentially bringing two bodies of technology together to make this happen, namely caching, storing and workload technologies with Yotta Yotta's protocols, algorithms and patents. The latter was a Canadian storage networking company that EMC acquired in September 2008. The executive added that while there is "appropriate skepticism" about the idea, the large majority of responses have been "positive" since the announcement. On the product roadmap, he said "version one" of the product is being tested by customers today, while "version two" will see Yotta Yotta's software protocols and algorithms embedded into storage appliances. Of the increasing amount of data the world is generating--IDC predicted that the amount of data we have will increase fourfold in the next four years--Gelsinger said this trend is "wonderful" and is the "fuel that drives our business". He said the company is looking to increase the performance of their storage products, particularly in flash and solid state drive technology, while also driving down the cost of products and the energy used in running them. Cloud drive in Asia Gelsinger agreed that cloud computing is likely to see high adoption rates in due time in the Asia-Pacific region, because many of the emerging markets here do not have mature, established IT infrastructures. He noted, however, that the region lags behind the West in adopting the cloud. But he remained optimistic, citing the example of the mobile phone industry in China take off after a similar lack of landline infrastructure, and is now twice the size of the U.S. market. Cloud computing will likely follow the same path, he said. "There is still a lot of experimenting among customers and we're still in the early days, but we're optimistic because we see a lot of momentum and enthusiasm in the industry," Gelsinger said. He also stressed the importance of the region to EMC's overall plans, saying that in regard to where the global economy is heading, "Asia is it". To that end, the company plans to be more aggressive in bringing its technologies here, he added.

News Article | March 2, 2010
Site: www.techworld.com

EMC is expanding its security consulting services to help enterprises tackle the complexities of securing their data and complying with regulations in virtualised computing environments. The company is set to introduce four new services from its RSA Security Practice, including one that comes out of its recent acquisition of Archer Technologies. The consulting services will combine EMC's enterprise IT expertise with the security background of its RSA division to help customers secure their data based on business policies. EMC acquired Archer, a privately held governance, risk and compliance vendor, in January for an undisclosed sum. The number of data security breaches now hitting enterprises indicates their internal systems can't keep up with new threats, said IDC analyst Vivian Tero. "When one takes into account the adoption of new technologies like cloud computing and virtualisation, the security and risk management challenge becomes even more complex," she said. With their data spread across virtualised data centres and cloud computing environments, organisations have to know more about how the virtual infrastructure is configured to know where bits of data might be, Tero wrote. And administrators need to understand that quickly instead of waiting for an audit to identify potential weaknesses. Doing that by manually analysing information from multiple point applications is too hard, so EMC wants to help them automate some of that management, she wrote. The services EMC is introducing span a wide range of security-related requirements. Its Standards and Compliance service, based on Archer's technology, works along with existing approaches to "translate business objectives into policies and information risk strategies," according to EMC. That, in turn, can help customers meet corporate governance and regulatory compliance requirements. The Virtualization and Private Cloud Security service is designed to assess the security of virtualised environments and help secure virtual desktops and private clouds. With the new Fraud Assessment and Strategy service, EMC will provide recommendations for addressing and mitigating risk. A new Security Operations service is designed to help enterprises build an integrated security operations centre. First Data, a payment processing company, will announce it is expanding its test of a card-information security system that it says it developed with the help of the RSA Security Practice. The TransArmor system, formerly called First Data Secure Transaction Management, takes shoppers' credit card numbers out of merchants' point-of-sale systems as soon as the transaction takes place, said Craig Tieken, vice president of merchant product management at First Data. TransArmor encrypts the card data for transmission to credit card companies and card-issuing banks for approval. It gives the merchant a token in place of the sensitive data so the store doesn't have to worry about securing their customers' information. Starting out on the project about a year ago, First Data looked for security consultants to help develop it and scale it up, and found EMC, Tieken said. TransArmor uses RSA encryption technology. First Data's test of TransArmor is expanding from just a few customers to more than 400. It should be generally available to merchants by the middle of this year, Tieken said.

News Article | January 5, 2010
Site: www.zdnet.com

EMC said on Monday that it will acquire privately held Archer Technologies, a maker of governance, risk and compliance software. The company said it will close the deal in the first quarter. The plan is to fold Archer's risk management software into EMC's RSA security division. Archer's software allows companies to visualise and manage risks to physical and virtualised environments. Archer has more than six million licensed users and counts 25 of the Fortune 100 as customers, such as Bank of America, Wells Fargo and Procter & Gamble. For more on this story, see EMC picks up Archer Technologies, folds it into RSA on ZDNet.com.

NEW YORK and LONDON, April 22, 2015 /PRNewswire/-- OpenFin, the leading provider of HTML5 runtime technology for the financial industry, today announced it has raised $3.0 million in additional financing. The round was co-led by Bain Capital Ventures, Pivot Investment Partners and Nyca Partners, with participation from 20 senior financial industry executives including Cris Conde, former CEO of SunGard and Tom Glocer, former CEO of Thomson Reuters. The funds will be used for product development and engineering team expansion in both New York and London. "Eleven of the world's largest banks and trading platforms are already using OpenFin to run high-performance, multi-window HTML5 applications on sell-side and buy-side desktops," said Mazy Dar, Chief Executive Officer of OpenFin. "We are thrilled to have the support of so many financial industry leaders and entrepreneurs as we scale to meet our customers' needs." OpenFin's technology is aimed at the institutional finance space which has strict requirements around security and performance with an annual IT spend of over $40 billion. "Technology advances in the consumer space have been breath-taking but in the institutional world, bank desktops are still dominated by legacy software," said Hans Morris, Managing Partner of Nyca Partners and former President of Visa. "Banks clearly want to accelerate the development of financial applications, and OpenFin provides the technology to enable that to happen." "Financial institutions face the daunting challenge of reinventing themselves while reducing costs across their global infrastructures," said Dinkar Jetley, co-founder of Pivot Investment Partners and former CEO of Worldwide Securities Services at J.P. Morgan Chase. "Tailored for the financial industry, OpenFin enables significant cost take-out from in-house builds while paving the way for innovation." Based on the Google Chromium open-source project and hardened to meet bank security requirements, OpenFin's HTML5 runtime enables native, multi-window experience, seamless desktop integration with Java / .NET / C++ / Flex, and requires zero install. "We make it easy to build desktop applications that are fast, beautiful, thin, secure and cross-platform," said Chuck Doerr, President and COO of OpenFin. OpenFin also announced the hiring of Jen Collet as COO Europe, Steve Greenblatt as VP of North American Sales, and the appointments of Paul Humphrey and Aron Miodwonik as strategic advisors. Collet was COO of Post Trade Risk at ICAP, a leading markets operator. Greenblatt was a founding member of Liquidnet, a global institutional trading network. Humphrey previously served as CEO of Electronic Broking at Tullett Prebon, a leading interdealer broker, and was Global Head of E-Commerce at ABN Amro. Miodownik previously held senior technology and operations roles at Merrill Lynch and UBS and is currently managing director at Cambrian Consulting. OpenFin anticipates continued hiring to meet growing demand as financial industry firms migrate to HTML5. About OpenFin OpenFin is the leading provider of HTML5 runtime technology for the financial industry. The company's patent-pending software is based on Google's Chromium open-source project and purpose-built to meet the security and performance needs of the financial industry. Founded in 2010, OpenFin is backed by Bain Capital Ventures, Pivot Investment Partners, Nyca Partners and senior executives from the financial industry. The company is a graduate of the First Growth Venture Network, a New York based accelerator, and the FinTech Innovation Lab, an annual program run by the Partnership Fund for New York City and Accenture for early and growth stage companies that have developed cutting edge technology products targeted at financial services customers. For more information, please visit www.openfin.co. Contact: Mazy Dar (mazy@openfin.co) About Bain Capital Ventures Bain Capital Ventures is the venture arm of Bain Capital, which has approximately $70 billion of assets under management worldwide. The firm's history of investing in early stage companies dates back to 1984 with over 125 venture investments since inception. Bain Capital Ventures manages approximately $2 billion of committed capital, has over 65 active portfolio companies, and has offices in Boston, New York, and Palo Alto. The firm's history of backing successful IT and software companies includes Solarwinds, LinkedIn, Rapid7, Archer Technologies, Network Intelligence, AppAssure and Gartner. More information is available at www.baincapitalventures.com. Contact: Matt Harris About Nyca Partners Nyca Partners is a venture capital and advisory firm exclusively focused on applying innovation in financial services into the global financial system. Nyca has rich experience and deep connections in both finance and technology, which provides a unique perspective and facility to help entrepreneurs transform payments, credit models and financial infrastructure. For more information, visit www.nycapartners.com. Contact: Hans Morris About Pivot Investment Partners Pivot Investment Partners LLC is a team of CEO-level operating executives who have grown and transformed financial services businesses around the world. The firm works closely with a select set of high-potential financial services and FinTech companies, investing operating expertise and capital in their success and accelerated growth. More information is available at www.pivotinvestment.com. Contact: Dinkar Jetley

De Assis D.S.F.R.,Federal University of Maranhao | Xavier T.A.,Archer Technologies | Noritomi P.Y.,Archer Technologies | Goncales E.S.,University of Sao Paulo
Journal of Oral and Maxillofacial Surgery | Year: 2014

Purpose This study investigated stress distribution in maxillas that underwent surgically assisted palatal expansion (SARPE). Materials and Methods Five maxillary models were built: no osteotomy (M1), Le Fort I osteotomy with a step in the zygomaticomaxillary buttress (M2), Le Fort I osteotomy with a step in the zygomaticomaxillary buttress and the pterygomaxillary disjunction (M3), Le Fort I osteotomy without a step (M4), and Le Fort I osteotomy with pterygomaxillary disjunction and no step (M5). Displacement coherence and maximum stress (MS) analyses were used for all models. Results Areas of tension spread to the maxilla and the region between the alveolar ridge and the palate and a critical point in the median suture for M2, M3, M4, and M5. In M2 and M4, MS spread farther toward and over the pterygoid process, contrary to what was found in M3 and M5. M3 had a better performance than the other models, and the tensile stress was interrupted by the posterior osteotomy, thus avoiding possible damage to the sphenoid bone or difficulties in expanding the posterior region of the maxilla. Conclusions The steps in the zygomaticomaxillary buttress and the pterygomaxillary disjunction seem to be important to decrease the harmful dissipation of tensions during SARPE. © 2014 Published by Elsevier Inc on behalf of the American Association of Oral and Maxillofacial Surgeons. All rights reserved.

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