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CyberRes, a Micro Focus business line, released its first Annual Report detailing the evolving cyber threat landscape in 2021. Key findings revealed that North America faced 33.5% of reported cyber issues, while 19.3% of global cyberattacks involved ransomware. The services sector was the most targeted, with 33.7% of attacks. Notably, attacks on the financial sector surged by 200%. The report underscores the increasing risks organizations face as they expand their digital presence, emphasizing the urgent need for enhanced cybersecurity measures.
Vertica, a Micro Focus (LSE: MCRO, NYSE: MFGP) business, announced a partnership with Vcinity on June 6, 2022, to enhance real-time data access across hybrid cloud environments without data relocation. This integration allows customers to benefit from local-like performance for data analytics and machine learning applications, regardless of data location. Key advantages include accelerated insights, improved analytics efficacy, operational agility, reduced total cost of ownership, and maintained control over data residency, fostering innovation and application development.
Micro Focus has released its latest version of the Network Operations Management (NOM) solution (2022.05), which includes enhanced troubleshooting, reporting, and dashboard capabilities. This update features a SaaS-based delivery model, offering a new Performance Troubleshooting module and integration with the OPTIC Data Lake. According to Enterprise Management Associates, this upgrade positions Micro Focus as a leader in network management. The new functionalities are designed to streamline network performance insights and align them with business objectives, aiding enterprises, managed service providers, and government agencies.
Micro Focus (LSE: MCRO; NYSE: MFGP) has launched its new ValueEdge value stream management platform, a cloud-based solution designed to enhance productivity and streamline software development. Offering a range of features, the platform integrates with existing tools to provide AI-powered analytics, end-to-end management, and advanced functional testing capabilities. The initial release includes modules for ValueEdge Insights, Agile, Quality, and Release, with more planned for later this year. This innovation aims to maximize ROI and improve customer satisfaction.
Smarsh has completed the acquisition of the Digital Safe product line from Micro Focus (NYSE: MFGP) after receiving regulatory approval. This acquisition enhances Smarsh's capabilities in archiving, compliance, and e-discovery, allowing it to better serve multinational companies. With this integration, Smarsh gains access to 400 experts, improving features like unified search and analytics. The company now supports over 6,500 clients globally, focusing on safeguarding against risks in digital communications.
On January 11, 2022, CyberRes, a line of Micro Focus (LSE: MCRO; NYSE: MFGP), launched 'Galaxy', a new cyberthreat platform designed to assist security executives in identifying and mitigating threats specific to their business. This platform utilizes machine learning and diversified security data to facilitate faster decision-making and cost-effective cyber resiliency measures. Key features include customized threat recommendations, mapping business risks to relevant threats, and integration capabilities with ArcSight for enhanced cyber defense.
Micro Focus (LSE: MCRO; NYSE: MFGP) has launched IDOL Law Enforcement Media Analysis (LEMA), a solution for digital video and image forensics aimed at law enforcement and intelligence agencies. This platform enhances the processing of visual evidence from various sources, allowing investigators to extract and analyze data efficiently while adhering to evidential standards. Key features include real-time analytics for Person, Object, Location, and Event facts, alongside a unified video and image analysis platform.
Vertica announced a new integration with NetApp StorageGRID to enhance cloud-native analytics in on-premises environments. This partnership helps organizations scale performance and capacity as data grows. The combined solution offers flexibility for deploying object storage, enabling high-performance analytics and machine learning directly within enterprise data centers. Key benefits include faster query performance, optimized data lifecycle management, and the ability to scale analytics from terabytes to petabytes. Vertica aims to address performance and financial needs with this integration.
Smarsh announced its acquisition of the Digital Safe archiving and risk management portfolio from Micro Focus, pending regulatory approval in Q1 2022. This strategic acquisition enhances Smarsh's capabilities in Enterprise Information Archiving and supports its global growth strategy. The deal allows Smarsh to better serve regulated multinational clients and expand into heavily regulated industries. With increasing regulatory scrutiny and the evolving landscape of electronic communications, this acquisition is poised to strengthen Smarsh’s position in the archiving market.
