Converge Technology Solutions Corp. Announces Converge Enterprise Cloud for IBM Guardium Insights

Rhea-AI Summary

Converge Technology Solutions Corp. has launched the Converge Enterprise Cloud for IBM Guardium Insights (CECIGI), a managed cloud solution aimed at enhancing data security and compliance. The new product is designed to be cloud-agnostic, enabling clients to utilize Guardium Insights for advanced analytics and effective risk management with lower barriers to entry. CECIGI offers proactive maintenance, platform optimization, and a shift from standard monitoring to active threat detection. Converge aims to support businesses in modernizing their security programs with this innovative service.

Positive

• Launch of CECIGI enhances the company's product portfolio in data security.
• Partnership with IBM strengthens Converge's market position as a leading Guardium service provider.
• CECIGI’s features promote proactive maintenance and advanced analytics, attracting new clients.

Negative

• None.

TORONTO and GATINEAU, Quebec, May 09, 2022 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce the launch of a new services product – Converge Enterprise Cloud for IBM Guardium Insights.

Converge Enterprise Cloud for IBM Guardium Insights (CECIGI) is a cloud-agnostic, hosted, and managed solution for data security and compliance. CECIGI enables clients to take advantage of the flexibility and scalability of Guardium Insights to provide advanced analytics, identifying potential data risk with much lower barriers to entry. This new offering is now featured and available in the IBM product catalog.

Additionally, Converge’s turnkey solution offers proactive and preventative maintenance, platform optimization, and the ability to keep pace with clients’ ever-evolving data security requirements. CECIGI allows clients to begin operations quickly, automate data compliance and security value, manage risk more effectively, and transition from standard monitoring to active threat detection.

“We have heard repeatedly from our clients that a simplified infrastructure and flexible deployment are key to an innovative and agile data security program,” stated Mary O’Brien, General Manager of IBM Security. “Working with Converge, one of our top business partners in North America and one of the leading Guardium service providers worldwide, we’re confident they can lead IBM clients to being one step closer to achieving cybersecurity goals and protecting critical data.”

“We have seen a great amount of traction around Guardium Insights through our managed services client base and with prospective customers,” stated Greg Berard, President of Converge. “Combining this business momentum with our dedicated data security team and our successful partnership with IBM, the offering of CECIGI strategically advances our mission to help companies modernize their security programs.”

About Converge
Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. Converge’s global solution approach delivers advanced analytics, application modernization, cloud, 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.

For further information contact:
Converge Technology Solutions Corp.
Email: investors@convergetp.com
Phone: 416-360-1495

FAQ

What is the Converge Enterprise Cloud for IBM Guardium Insights (CTSDF)?

It is a cloud-agnostic, managed solution for data security and compliance, launched by Converge Technology Solutions.

When was the Converge Enterprise Cloud for IBM Guardium Insights launched?

It was announced on May 9, 2022.

How does CECIGI help businesses manage data security risks (CTSDF)?

CECIGI provides advanced analytics and facilitates the transition from standard monitoring to active threat detection.

What are the key features of Converge's CECIGI (CTSDF)?

Key features include proactive maintenance, platform optimization, and automated compliance management.

Why is the partnership with IBM significant for Converge (CTSDF)?

It enhances Converge's credibility and market presence as a leading provider of Guardium services.