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Abstract Security Announces General Availability of its AI-Powered Data Streaming Platform for Security

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Welcomes industry expert and former analyst Jon Oltsik to its Advisory Board and continues disrupting the market’s status quo

SAN FRANCISCO, June 20, 2024 /PRNewswire/ — Abstract Security, crafted by category creators who have consistently redefined the cybersecurity landscape, today announced general availability (GA) of its revolutionary platform designed for the future of security operations. Already in use by customers, Abstract’s platform helps security analysts and operations teams navigate the complexities of data pipelines, increase security effectiveness and lower costs.

“Since the inception of Abstract, we’ve been working tirelessly to combat the challenges of security operations today, offering a tool that focuses on the data that matters and ties security back to business value,” said Ryan Clough, co-founder and CPO of Abstract Security. “With the explosion of data over the last few years, customers need a more customizable approach that moves beyond saved searches and dashboards. We’re excited to reach this GA milestone as we bring the future security operations platform to more customers.”

A key feature of Abstract’s platform is the Abstract Security Engineer (ASE), which leverages a combination of AI, expert systems, machine learning, and subject matter expertise and connects to data sources across an organization, delivering instant data and detection capabilities. The security data fabric approach enables:

Advanced analytics and correlation: Abstract’s platform enables customers to surface threats across their enterprise and cloud infrastructure in real-time. It’s powered by out-of-the-box detection content provided by the Abstract research team, which is purpose-built for cloud and SaaS threats.Security pipelines: With data routing, transformation and enrichment that is geared for security telemetry, customers can reduce the volume and cost of log data sent to their SIEM. A single point of collection enables drag-and-drop routing of data to any number of sources, including cloud storage, SIEMs, and data platforms.Optimized storage: 95% of collected log data is not usable for detection. Abstract’s platform intelligently divides hot, warm, and cold storage tiers to automatically optimize storage and compute costs and make the data relevant to security analytics accessible via instant queries.

Since emerging from stealth and announcing its Seed funding earlier this year, Abstract Security has expanded its global footprint, hired an experienced technology leader as CTO, and appointed a long-time industry expert to its Board of Directors. To aid in the continued development of the Abstract Security platform, the team has added visionary and innovator Jon Oltsik to its Advisory Board. With over 35 years of technology industry experience, Jon founded the cybersecurity practice at the Enterprise Strategy Group (ESG) in 2003 and has spent the subsequent 20 years studying cyber threats, cyber-risk management, technical defenses, and CISO strategies. Jon is widely recognized as an expert in all aspects of cybersecurity and is often called upon to help customers understand a CISO’s perspective. Jon is a founding member of the Cybersecurity Canon, a project dedicated to identifying a list of must-read books for all cybersecurity practitioners, and he was named one of the top 100 cybersecurity influencers by Onalytica.

“Defending against cyber-attacks is more difficult today than it’s ever been. With the complexity of infrastructure and sheer volume of data that organizations must manage, today’s security analytics teams are tired of the status quo,” said Jon Oltsik, Advisory Board member of Abstract Security. “Working as an analyst and advisor has given me a unique perspective into the pain points of industry leaders, and that’s why I’m so excited about the unique approach that Abstract Security is taking to solve the problems in the SIEM marketplace, and have the opportunity to support and guide the team as they grow.”

In the past several months, Abstract has also been recognized by notable industry awards including a Global Infosec Award for “Pioneering Cybersecurity Startup” at RSA Conference 2024, and most recently, a 2024 Cybersecurity Excellence Award in both “Best Cybersecurity Startup” and “SIEM” categories. The team’s commitment to crafting an excellent platform for customers, keeping their sights on innovation, and thoughtful leadership won Abstract the award in both categories, beating out more than 600 applicants.

To learn more about Abstract Security’s growing team and accomplishments, visit https://www.abstract.security/our-team or watch this Q&A with Jon Oltsik and CEO Colby DeRodeff. To book a demo, please contact getabstracted@abstract.security.

About Abstract Security
Abstract Security, founded in 2023, has built a revolutionary platform equipped with an AI-powered assistant to better centralize the management of security analytics. Crafted by category creators and industry veterans known for redefining the cybersecurity landscape, Abstract transcends next-gen SIEM solutions by correlating data in real time between data streams. As a result, compliance and security data can be leveraged separately to increase detection effectiveness and lower costs – an approach that does not currently exist in the market.

Co-founders Colby DeRodeff, Ryan Clough, Aaron Shelmire, and Chris Camacho bring a unique set of experiences and backgrounds in product development and company-building expertise, formerly at companies like ArcSight (acq. by HP), Mandiant (acq. by Google), Palo Alto Networks and others. For more information about the company, please visit https://www.abstract.security/ and follow the journey @Get_Abstracted.

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SOURCE Abstract Security

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PolyAI partners with OpenTable to offer enterprise restaurants and diners reservation support using voice AI

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September 23, 2024

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LONDON and NEW YORK, Sept. 23, 2024 /PRNewswire/ — PolyAI, a pioneer in voice AI solutions for customer experience and service, today announced a partnership with OpenTable, a global leader in restaurant technology, expanding PolyAI’s guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences – all while alleviating staff time and resources.

This alliance delivers PolyAI’s lifelike voice AI to help restaurants tackle challenges around staffing and provide consistent hospitality, even off premise. In a survey conducted by the National Restaurant Association, 62% of operators said their restaurants did not have enough employees to support existing demand. With onsite staff focused on in-house patrons, restaurant groups routinely miss between 30-60% of phone calls to their front of house (per PolyAI customer data) – meaning missed revenue opportunities and equally valuable customer touch points.

Never miss another call, thanks to PolyAI and OpenTable

With this strategic partnership, OpenTable’s global network of restaurants will be able to integrate PolyAI voice assistants, built using generative AI and spoken language technologies, to assist their diners in seamlessly booking and managing reservations over the phone, during and outside of operating hours.

“We know how tightly restaurants manage their guest experience and this can be even more complex for our partners doing business at scale,” said Susan Lee, Chief Strategy Officer at OpenTable. “We have, and continue to invest in, technology that pushes boundaries and enhances hospitality and our integration with PolyAI is a new way we can drive efficiencies for our restaurants, and diners.”

For larger operators, this partnership enables numerous iterations of voice assistants to cater to the unique needs of multi-location and multi-brand portfolios, while providing PolyAI’s proven enterprise-grade assurances around availability, security and data protection.

“We have extensive experience deploying voice assistants to hundreds of locations for some of the largest restaurant groups in the world, helping operators resolve up to 70% of calls over the phone without the need for additional staff,” said Michael Chen, VP of Strategic Alliances at PolyAI. “This strong connection with the restaurant industry started right from the earliest days of PolyAI. We’re thrilled to deepen that further and work with OpenTable to help even more restaurant operators attract more diners, streamline operations and maximise revenue.”

The journey starts at the Integration Marketplace

OpenTable restaurants will be able to request an integration with PolyAI via its Integration Marketplace, which powers 150+ integrations among the most widely used restaurant software. Beyond managing reservations over the phone, PolyAI’s guest-led voice assistants also offer operators a powerful new channel for implementing consistent brand experiences that can deliver greater personalisation, more proactive revenue and upsell as well as offer new ways of collecting diner feedback and tracking customer satisfaction.

About PolyAI

PolyAI is a leading provider of AI-powered voice assistants. Their customer-led voice assistants are used across industries within global companies where B2C conversations are crucial, like Whitbread, Greene King, Caesars Entertainment and FedEx. PolyAI’s award-winning voice assistants have earned renown for their ability to understand natural language and provide quick, accurate and helpful responses. Hear more about what they’re bringing to the market by visiting poly.ai

About OpenTable

OpenTable, a global leader in restaurant tech and part of Booking Holdings, Inc. (NASDAQ:BKNG), helps more than 60,000 restaurants worldwide fill 1.7 billion seats a year.  OpenTable’s world-class technology empowers restaurants to focus on what matters most – their team, their guests, and their bottom line – while enabling diners to discover and book the perfect restaurant for every occasion.

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VeriPark Receives Microsoft Business Applications 2024/2025 Inner Circle Award and Joins Partner Advisory Council

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September 23, 2024

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LONDON, Sept. 23, 2024 /PRNewswire/ — VeriPark, a Microsoft Solutions Partner in the Financial Services Industry, has been selected for the Business Applications 2024-2025 Microsoft Inner Circle and the Microsoft Financial Services Partner Advisory Council.

Participation within Inner Circle is based on sales achievements that rank VeriPark in the top echelon of Microsoft’s Business Applications global network of partners. Inner Circle members are known for performing at a high-level by delivering innovative solutions that help organizations excel.

Ozkan Erener, CEO VeriPark: “We are honored to once again be recognized by Microsoft for our commitment to driving digital transformation for our clients. Partnering closely with Microsoft allows us to harness the latest technologies to revolutionize the Financial Services Industry. This recognition highlights the success of our collaborative strategy and execution.”

VeriPark first joined Microsoft’s Inner Circle in 2011 and has since provided innovative solutions that help financial institutions achieve a competitive advantage. By leveraging Microsoft’s platform, VeriPark continues to offer unparalleled services and solutions to its clients.

“Partners achieving the Inner Circle demonstrate an exceptional impact helping customers accelerate their AI and digital transformation with Dynamics 365 and Power Platform,” said Peter Jensen, Microsoft Business Application Partner Strategy Lead. “Microsoft AI Cloud Partner Program partners who achieve the Business Application Inner Circle distinction stand out for their deep AI, Cloud and Industry knowledge.”

Additionally, VeriPark’s selection for the Financial Services Partner Advisory Council highlights its role in shaping Microsoft’s financial services strategies and product roadmaps. As a PAC member, VeriPark will provide feedback on Microsoft’s financial services solutions and gain early insights into future roadmaps.

About VeriPark 

VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer Experience at the core of digital transformation. VeriPark’s Intelligent Customer Experience suite delivers world class customer journeys on digital and assisted channels.

With its main offices located in the United Kingdom, Europe, North America, Asia, Africa and the Middle East, VeriPark helps financial institutions to enhance customer acquisition, retention and cross-sell capabilities. Their proven, secure, and scalable solutions cover Customer Engagement, Omni-Channel Delivery, Branch Automation, and Loan Origination. VeriPark collaborates with clients, crafting innovative technology strategies and solutions, that impact millions of people daily, bringing the promise of digital transformation to life.

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Huawei Updates FTTO 2.0 and Releases New Scenario-based Products, Driving Campus Networks to Wi-Fi 7 Era

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43 mins ago

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September 23, 2024

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SHANGHAI, Sept. 23, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei updated fiber to the office (FTTO) 2.0 and launched a series of new scenario-based products for industries such as education, healthcare, and hospitality. The next-generation green 10G all-optical network oriented to Wi-Fi 7 accelerates fiber-in copper-out and contributes to campus intelligence.

“In the Wi-Fi 7 era, Fiber-in Copper-out is a must for campus networks, and FTTO 2.0 commercial use is accelerating. Huawei is willing to work with customers and partners to seize opportunities in optical business, achieving a win-win future for campus intelligence.” noted Gavin Gu, President of Enterprise Optical Business Domain, Huawei.

Huawei’s FTTO 2.0 solution achieves a simplified architecture with the number of network layers cut from three to two, active to passive transition, 30% lower energy consumption, and 80% less cabling. Based on XGS-PON Pro and Wi-Fi 7 technologies, this solution supports 12.5G/25Gbps to rooms, 10Gbps to APs, and 2.5Gbps to desktops. The hard slicing technology enables multiple services to be carried over one network, reducing the TCO by 30%. This helps enterprises build green, ultra-broadband, and simplified campus networks.

At the session, Huawei released a selection of FTTO 2.0 products for various scenarios and industries.

In the education industry, Huawei launched the industry’s first high-density ultra-10G optical terminal Huawei OptiXstar P884E for smart classrooms. Meeting the requirements of high-density and high-bandwidth access scenarios, this product implements 12.5G/25Gbps to classrooms and 2.5Gbps to desktops. For dormitories, Huawei launched the industry’s first 8-port Wi-Fi 7 optical AP OptiXstar W617E, which supports unified wired and wireless access for a room with 8 students. For education metro networks, Huawei launched the edge optical gateway Huawei OptiXstar E853E. Supporting remote PON port deployment, closed-loop local service forwarding, and flexible configuration, the Huawei OptiXstar E853E meets the access requirements of all services in campuses such as primary schools and kindergartens.

For hospital wards, Huawei launched the industry’s first 10G ceiling-mounted Wi-Fi 7 optical AP Huawei OptiXstar W817C, whose seamless roaming technology enables mobile ward rounds.

For hotels, Huawei launched the next-generation three-in-one Wi-Fi 7 optical AP Huawei OptiXstar W827E-3, which supports unified access of wired, wireless, and telephone services so that one ONT can carry all services in each guest room over one fiber. In this way, it provides ultimate Wi-Fi 7 network experience at a lower cost and improves the positive feedback rate of guests.

For factory workshops, Huawei launched the small-sized industrial optical terminal Huawei OptiXstar T602E, which supports guide rail installation and fiber to the machine without extra cabinets, allowing for flexible capacity expansion. By helping to build a reliable and flexible advanced industrial network for smart factories, the product improves the quality and efficiency of factory production.

Huawei’s FTTO solution has been put into commercial use in more than 9000 campuses around the world. In addition, Huawei’s 50G POL solution that supports hard slicing has also been put into commercial use.

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SOURCE Huawei

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