National Security Agency in EMEA Strengthens Public Safety With $20-Plus Million Cognyte Follow-on Order
Cognyte Software (NASDAQ: CGNT) has secured a $20-plus million follow-on order from a national security agency in the EMEA region. This expansion enhances the agency's investigative capabilities with advanced AI-based solutions, enabling faster and more accurate investigations. The upgrade addresses the growing data complexity driven by technologies like 5G. Cognyte’s analytics will help the agency process massive data volumes efficiently, improving the identification and neutralization of threats such as terrorism, drug trafficking, and weapons smuggling. These solutions offer critical insights, allowing for proactive risk mitigation and better resource allocation. Gil Cohen, Chief Product Officer at Cognyte, highlighted the importance of their AI capabilities and long-term customer relationships in driving new business opportunities and safeguarding citizens worldwide.
Cognyte Software (NASDAQ: CGNT) ha ottenuto un ordine aggiuntivo di oltre 20 milioni di dollari da un'agenzia di sicurezza nazionale nella regione EMEA. Questa espansione potenzia le capacità investigative dell'agenzia con soluzioni avanzate basate sull'IA, permettendo indagini più rapide e precise. L'aggiornamento affronta la crescente complessità dei dati generata da tecnologie come il 5G. Le analisi di Cognyte aiuteranno l'agenzia a elaborare volumi massicci di dati in modo efficiente, migliorando l'identificazione e la neutralizzazione di minacce come terrorismo, traffico di droga e contrabbando di armi. Queste soluzioni offrono intuizioni fondamentali, consentendo una mitigazione proattiva dei rischi e una migliore allocazione delle risorse. Gil Cohen, Chief Product Officer di Cognyte, ha sottolineato l'importanza delle loro capacità di IA e delle relazioni a lungo termine con i clienti per guidare nuove opportunità di business e proteggere i cittadini in tutto il mondo.
Cognyte Software (NASDAQ: CGNT) ha obtenido un pedido adicional de más de 20 millones de dólares de una agencia de seguridad nacional en la región EMEA. Esta expansión mejora las capacidades de investigación de la agencia con soluciones avanzadas basadas en IA, permitiendo investigaciones más rápidas y precisas. La actualización aborda la creciente complejidad de los datos impulsada por tecnologías como el 5G. El análisis de Cognyte ayudará a la agencia a procesar volúmenes masivos de datos de manera eficiente, mejorando la identificación y neutralización de amenazas como el terrorismo, el tráfico de drogas y el contrabando de armas. Estas soluciones ofrecen información crítica, permitiendo una mitigación proactiva de riesgos y una mejor asignación de recursos. Gil Cohen, Director de Productos de Cognyte, destacó la importancia de sus capacidades de IA y de las relaciones a largo plazo con los clientes para impulsar nuevas oportunidades de negocio y proteger a los ciudadanos en todo el mundo.
Cognyte Software (NASDAQ: CGNT)는 EMEA 지역의 국가 안전 기관으로부터 2천만 달러 이상의 후속 주문을 확보했습니다. 이러한 확장은 고급 AI 기반 솔루션을 통해 기관의 조사 능력을 강화하여 더 빠르고 정확한 조사를 가능하게 합니다. 이 업그레이드는 5G와 같은 기술로 인한 데이터 복잡성 증가 문제를 해결합니다. Cognyte의 분석 도구는 기관이 방대한 데이터 양을 효율적으로 처리하도록 도와주며, 테러, 마약 밀매 및 무기 밀수와 같은 위협을 식별하고 중화하는 데 개선된 성능을 제공합니다. 이러한 솔루션은 중요한 통찰을 제공하여 사전 위험 완화와 더 나은 자원 배분을 가능하게 합니다. Gil Cohen, Cognyte의 최고 제품 책임자는 AI 능력과 장기 고객 관계의 중요성을 강조하며 새로운 비즈니스 기회를 창출하고 전 세계 시민을 보호하는 데 기여하고 있습니다.
Cognyte Software (NASDAQ: CGNT) a sécurisé une commande de suivi de plus de 20 millions de dollars d'une agence de sécurité nationale dans la région EMEA. Cette expansion renforce les capacités d'enquête de l'agence avec des solutions avancées basées sur l'IA, permettant des enquêtes plus rapides et plus précises. La mise à niveau répond à la complexité croissante des données entraînée par des technologies telles que la 5G. Les analyses de Cognyte aideront l'agence à traiter efficacement d'énormes volumes de données, améliorant ainsi l'identification et la neutralisation des menaces telles que le terrorisme, le trafic de drogue et le trafic d'armes. Ces solutions offrent des informations cruciales, permettant une atténuation proactive des risques et une meilleure allocation des ressources. Gil Cohen, directeur des produits chez Cognyte, a souligné l'importance de leurs capacités en IA et des relations clients à long terme pour stimuler de nouvelles opportunités commerciales et protéger les citoyens dans le monde entier.
Cognyte Software (NASDAQ: CGNT) hat einen Folgeauftrag von über 20 Millionen Dollar von einer nationalen Sicherheitsbehörde in der EMEA-Region gesichert. Diese Erweiterung verbessert die Ermittlungsfähigkeiten der Behörde mit fortschrittlichen KI-basierten Lösungen, die schnellere und genauere Untersuchungen ermöglichen. Das Upgrade befasst sich mit der wachsenden Datenkomplexität, die durch Technologien wie 5G verursacht wird. Die Analytik von Cognyte wird der Behörde helfen, massive Datenmengen effizient zu verarbeiten und die Identifizierung und Neutralisierung von Bedrohungen wie Terrorismus, Drogenhandel und Waffenschmuggel zu verbessern. Diese Lösungen bieten kritische Einblicke, die eine proaktive Risikominderung und eine bessere Ressourcenallokation ermöglichen. Gil Cohen, Chief Product Officer von Cognyte, hob die Bedeutung ihrer KI-Fähigkeiten und langfristigen Kundenbeziehungen hervor, um neue Geschäftsmöglichkeiten zu schaffen und die Bürger weltweit zu schützen.
- $20-plus million follow-on order from a national security agency.
- Enhancement of investigative capabilities with advanced AI solutions.
- Improved processing of massive data volumes.
- Better identification and neutralization of threats like terrorism, drug trafficking, and weapons smuggling.
- None.
Insights
Longstanding customer expands solution and upgrades to the advanced AI capabilities to improve investigation accuracy and speed
HERZLIYA,
The agency, responsible for protecting national interests, assets and public safety, sought this expansion to address growing data complexity driven by evolving technology such as 5G adoption. Cognyte’s cutting-edge analytics empower the agency to process massive data volumes more efficiently, enhancing the ability to identify and neutralize emerging threats and improve investigation success rates.
Cognyte’s AI capabilities provide critical insights into illicit activities such as terrorism, drug trafficking and weapons smuggling, enabling agencies to respond before incidents unfold. By delivering faster, data-driven insights, the solution enhances resource allocation and strategic planning tailored to specific threats.
“This agreement underscores the confidence that national security agencies place in Cognyte to deliver innovative solutions that address the evolving security challenges,” said Gil Cohen, Chief Product Officer at Cognyte. “Our cutting-edge AI capabilities and strong, long-term relationships with customers are helping drive new business opportunities and playing a critical role in helping our national security agency customers enhance their investigative processes and safeguard citizens worldwide.”
About Cognyte Software Ltd.
Cognyte Software Ltd. is a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™. Our open interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making. Hundreds of customers rely on our solutions to accelerate and conduct investigations and derive insights, with which they identify, neutralize and tackle threats to national security and address different forms of criminal and terror activities. Learn more at www.cognyte.com.
Cautionary Statement Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” “views,” and similar expressions.
Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, the projected growth of Cognyte’s business, and Cognyte’s ability to achieve its financial and business plans, goals and objectives and drive shareholder value, including with respect to its ability to successfully implement its strategy, and other risk factors discussed from time to time in Cognyte’s filings with the SEC, including those factors discussed under the caption “Risk Factors” in its most recent annual report on Form 20-F, filed with the Securities and Exchange Commission (“SEC”) on April 9, 2024, as amended on April 19, 2024 and in subsequent reports filed with or furnished to the SEC. Cognyte assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today’s date.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241209659555/en/
Media Relations:
Michelle Allard McMahon
Rainier Communications on behalf of Cognyte Software
prcognyte@rainierco.com
Source: Cognyte Software Ltd.
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