Not every startup manages to reach — or exceed — $100 million in financing. Those that do join an exclusive group of fundraisers and can enjoy a massive vote of confidence from the venture capitalists and angels who help put them there. As of this morning, OneLogin is the latest to join the club. The San Francisco cloud-based identity and access management provider today announced that it has secured $100 million in a Series D round led by Greenspring Associations, with contributions from existing investors Charles River Ventures and Scale Venture Partners. It’s very much justified: OneLogin now counts more than 2,500 enterprises among its clients, including California’s Bay Area Rapid Transit, Airbus, British Red Cross, Change.org, Fujitsu, Indeed, Nasa, Pandora, Softbank, and Broward College. And it has more than tripled its annual recurring revenue (ACR) over the past three years. OneLogin raised $22.5 million in June 2018 as part of an extension … [Read more...] about OneLogin raises $100 million to help enterprises manage access and identity
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In the wake of Facebook’s Cambridge Analytica data-sharing scandal, startup Hu-manity.co is asserting our right to control our personal data, and it said today it will use the IBM Blockchain Platform to ensure that private health data remains private. Princeton, New Jersey-based Hu-manity.co will use IBM’s version of blockchain, the decentralized ledger which ensures both security and transparency, to control and manage consent, authorization, and commercial use of the personal information of individuals. The IBM Blockchain Platform is a foundational technology to make this happen, and it will allow millions of people to gain access to a permissioned blockchain-based data marketplace. So if you choose to share your data for the purpose of applying for a financial account, you can grant permission to your bank to answer questions about your financial health with a potential services provider — for one single time — so that you can get a good deal, said Jerry … [Read more...] about Hu-manity.co uses IBM blockchain to give you the right to control your personal data
The federal government last month announced it had signed a AU$1 billion contract with IBM to provide hardware, software, and cloud-based solutions across all of its departments and agencies.The five-year, whole-of-government contract, which also includes standing up joint innovation programs in quantum computing, cybersecurity, and research, was touted by Canberra as furthering its digital transformation agenda.Speaking with ZDNet, global VP and CTO of IBM's Cloud Platform Jason McGee said the new contract is an opportunity to take past learnings and put them into practice in the future. special feature Integrating the Hybrid Cloud As far and fast as cloud computing is embedding itself into the enterprise, there remain many cloud-resistant applications and services. Read More "IBM has been a partner with the Australian government and many customers because we have a long history together. Because we learn from projects that we do together, we are able to take those experiences … [Read more...] about IBM banks on strong history for success with AU$1b government contract
As digital transformation shakes up traditional business models, organizations of every size, in every industry, are exploring better ways to keep pace with change. Adoption of cloud computing technology has significantly increased over the last few years, promising a great opportunity for innovation amongst businesses if approached correctly, selectively and at the right pace. And the cloud model provides some compelling options to assist IT as its fiscal priorities move from cost management to cost optimization. According to IBM Cloud Managed Services Global Portfolio Manager Janice Dunstan's interview with Lynda Stadtmueller, VP of Cloud Services at Frost & Sullivan, a survey by Frost & Sullivan found 80 percent of U.S. companies are increasing use of cloud managed services as they evolve their hybrid IT strategies. There is no doubt that IT departments are under increasing pressure from the executive board to adopt new and innovative cloud models faster. … [Read more...] about What you need to know to exploit the cloud
About seven years ago, I developed a 13-part functional model for what a big data and analytics (BDA) solution needed to contain. Key components included things like data governance/master data management, integration of data sources, integration of BDA with the underlying IT infrastructure, and collaboration capabilities.Chief among them, however, was search. Think about it: We can do everything right in a big data implementation. Thanks to Google and Amazon, which created the world’s first NoSQL databases in 2004-05, and the continuing evolution of NoSQL solutions since then, we can now bring all data structures (structured, unstructured, and semi-structured) from all relevant sources into the mix. We can enable “both technical and business users” (to quote marketing messaging from seemingly every BDA provider’s website) to navigate the system.Where it all comes together, though, is search: whether they’re running complex SQL queries or typing simple, … [Read more...] about The wonders of AI—or the shortcomings of search?