Converge Technology Solutions Announces PCI-DSS Certification for IBM Power for Google Cloud (IP4G) Platform

Rhea-AI Summary

Converge Technology Solutions Corp. (TSX: CTS) has successfully achieved PCI-DSS certification for its IBM Power for Google Cloud (IP4G) platform. IP4G is an Infrastructure as a Service (IaaS) solution available on Google Marketplace, enabling clients to run native AIX, IBM i, and Linux workloads in the Google Cloud environment. The certification validates IP4G's security and reliability, particularly for clients managing mission-critical retail, financial, and banking applications. This achievement expands Converge's addressable market within the retail and financial industries, reinforcing its commitment to providing secure and compliant industry solutions.

Positive

• Achieved PCI-DSS certification for IP4G platform
• Expands addressable market in retail and financial industries
• Validates security and reliability of IP4G for mission-critical applications

Negative

• None.

TORONTO and GATINEAU, QC , Sept. 17, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce the successful completion of PCI-DSS certification for the Company's IBM Power for Google Cloud (IP4G) platform. IP4G, an Infrastructure as a Service (IaaS) solution developed by Converge and available on Google Marketplace, empowers clients to run native AIX, IBM i, and Linux workloads seamlessly in the Google Cloud environment.

Consisting of steps that mirror security best practices, PCI-DSS is the global data security standard adopted by payment card brands for all entities that process, store, or transmit cardholder data and/or sensitive authentication data. This certification underscores IP4G's reliability and security, particularly for clients managing mission-critical retail, financial, and banking applications. The PCI-DSS certification further validates IP4G as a trusted platform for handling large transactional workloads and systems of record.

"Achieving PCI-DSS certification for our IP4G platform is a significant milestone for Converge. It expands our addressable market for this solution within the retail and financial industries and reaffirms our dedication to delivering secure and compliant industry solutions for our clients," stated Greg Berard, Converge Chief Executive Officer.

To learn more about Converge's IP4G solution, please visit https://convergetp.com/converge-ip4g/.

About Converge
Converge Technology Solutions Corp. is a services-led, software-enabled, IT & Cloud Solutions provider focused on delivering industry-leading solutions. Converge's global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The Company supports these solutions with advisory, implementation, and managed services expertise across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com.

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SOURCE Converge Technology Solutions Corp.

FAQ

What is the significance of Converge Technology Solutions' PCI-DSS certification for IP4G?

The PCI-DSS certification for IP4G validates its security and reliability, particularly for handling mission-critical retail, financial, and banking applications. It expands Converge's addressable market in these industries and demonstrates their commitment to providing secure, compliant solutions.

What is Converge Technology Solutions' IBM Power for Google Cloud (IP4G) platform?

IP4G is an Infrastructure as a Service (IaaS) solution developed by Converge and available on Google Marketplace. It allows clients to run native AIX, IBM i, and Linux workloads seamlessly in the Google Cloud environment.

How does the PCI-DSS certification benefit Converge Technology Solutions (CTSDF)?

The PCI-DSS certification expands Converge's addressable market within the retail and financial industries, potentially increasing their client base and revenue opportunities. It also reinforces their position as a provider of secure and compliant industry solutions.

When did Converge Technology Solutions announce the PCI-DSS certification for IP4G?

Converge Technology Solutions announced the PCI-DSS certification for their IP4G platform on September 17, 2024.