SAN FRANCISCO, May 31, 2022 (GLOBE NEWSWIRE) -- Panther Labs, a cloud-native threat detection platform that solves the challenges of security operations at scale, today announced that it has joined theCloud Security Alliance (CSA),the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

Panther is a cloud-native threat detection platform that transforms terabytes of raw logs per day into a structured security data lake to power real-time detection, swift incident response, and thorough investigations. With detection-as-code in Python and out-of-the-box integrations for dozens of critical log sources, Panther solves the challenges of security operations at scale.

"Our mission is to make security operations painless by eliminating the obstacles that prevent security practitioners from achieving their mission as defenders," said Jack Naglieri, founder and CEO, Panther Labs. "Through this partnership with the Cloud Security Alliance, we are excited to empower organizations with a refreshingly practical platform for threat detection and response that solves the challenges of security operations at scale."

"We're proud to welcome Panther Labs to our alliance as they are taking an active role in the cloud community through their cloud-native threat detection platform," said Jim Reavis, CEO, Cloud Security Alliance. "We look forward to learning more about Panther's innovative approach to solving security operations at scale."

About Panther Labs

Panther Labs was founded by a team of veteran security practitioners who faced the challenges of security operations at scale and set out to build a platform to solve them. The result was Panther, a refreshingly practical platform for threat detection and response powered by a highly scalable security data lake and detection-as-code. Panther gives security teams the power to detect any breach, anywhere and is trusted by customers like Snowflake, Dropbox, Zapier, and more. Learn more atpanther.com.

About the Cloud Security Alliance

The Cloud Security Alliance (CSA) is the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, certification, events and products. CSA's activities, knowledge and extensive network benefit the entire community impacted by cloud from providers and customers, to governments, entrepreneurs and the assurance industry and provide a forum through which diverse parties can work together to create and maintain a trusted cloud ecosystem.For further information, visit us atwww.cloudsecurityalliance.org, and follow us on Twitter@cloudsa.

This content was issued through the press release distribution service at Newswire.com.

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Panther Labs Joins Cloud Security Alliance in the Latest Move to Solve the Challenges of Security Operations at Scale - GlobeNewswire

author: Eric Walz

BMW i Ventures, the venture capital arm of the automaker, announced today an investment in the Series B funding round of next-generation blockchain company Vendia. It's the second investment in Vendia from Silicon Vallley-based BMW iVentures, following a previous Series A investment in Feb. 2021.

Vendia, which is based in San Francisco and Seattle, developed a serverless, distributed data and code-sharing platform that allows businesses to securely share data with their partners. The company is emerging as a leader by bringing the combination of blockchain and serverless cloud computing to companies in the web3 era.

Vendia believes that data will become the "new currency" in the future, but only if there's a secure and scalable way to share it among parties.

Vendia's blockchain technology ensures the integrity of the data by using a decentralized architecture and keeping a digital ledger of each time the data is changed. However, one of the challenges that Vendia and the rest of the industry faced was making this decentralized architecture scalable.

The reason for this is that each time new data is added to a blockchain, multiple nodes on the network must verify it. This action is required each time data is exchanged, which amounts to terabytes and even petabytes of data being transferred that must be supported by computationally intensive algorithms.

To solve this challenging problem, Vendia combined two blockchain technologies, a secure and immutability distributed ledger and centralized cloud computing.

In a traditional blockchain architecture, a distributed network of nodes can be located anywhere and in different forms. But each node in Vendia's blockchain architecture runs entirely in the cloud and is managed by a neutral and secure cloud provider that's accessible to all parties.

This neutral cloud provider maintains a system of truth for the data in the same way that traditional blockchain works, but in a decentralized way that allows for data sharing between parties.

Before cloud computing became the norm, companies generally kept their data siloed in secure servers and inaccessible to third parties, which made it difficult for businesses to ensure data quality from partners, as well as bring new ones into the loop.

However in the Internet of Things (IoT) era, many devices are connected to the cloud, so the exchange of data across enterprise partners is critical to trustful collaboration between companies.

"Vendia offers a unique platform solution for businesses that depend on a multitude of partners, providing them with the ability to onboard partners swiftly, and enabling them to share data with full control and confidence that such data would not be overwritten or manipulated," said Kasper Sage, Managing Partner at BMW i Ventures. "This applies to the automotive sector in particular, and we're excited to continue working with Vendia as they usher in the next generation of blockchain to facilitate collaboration across corporate partners."

Vendia's blockchain technology is designed for real-time data sharing, instead being solely used for data analytics workloads. The company says its the only one that's combining serverless blockchain and Smart APIs in one solution for businesses.

Vendia's signature product is called "Vendia Share". It's designed to help companies accelerate time to market without worrying about infrastructure or relying on Central IT.

Vendia Share provides a single source of truth for data across cloud and parties and its core technology also allows for high throughput transaction processing at scale, which will be important for automakers like BMW in the future as more vehicles are connected to the cloud and sending and receiving vast amounts of data.

This is especially true for vehicles that are capable of autonomous driving, as terabytes of data may be shared among millions of vehicles and continuously sent to and from the cloud for processing in real-time.

Vendia's blockchain technology can be used by automakers like BMW to securely share vehicle data in real-time across applications, datastores, clouds, and its partners.

Vendia's blockchain platform also allows for data to be collected via a mobile application at each point in the supply chain. Once collected, the files and associated information are securely stored in the cloud on Vendia's multi-party database. Once entered into the database, the data is immutable, meaning it can never be altered, which can help accelerate open collaboration by establishing mutual trust and data truth between all involved parties.

"BMW i Ventures' continued investment in Vendia underscores the market need for a single source of truth for multi-cloud and multi-party data," said Dr. Tim Wagner, CEO and co-founder of Vendia. "This investment will allow us to scale our solutions and offerings to customers and we are excited to have BMW i Ventures along for the ride with us."

Other automakers are also exploring the use of blockchain technology. Volvo Cars, for example, has explored the use of private blockchains to keep track of the data exchanged among multiple third parties.

BMW i Ventures invests money and resources in startups in the fields of transportation, manufacturing, supply chain and sustainability. The company invests in all stages from seed to growth with a focus on Series A and B funding.

Over the past several years, BMW iVentures invested in electric vehicle charging operator Chargepoint, electric bus maker Proterra, as well as Solid Power, a startup developing advanced solid-state batteries for electric vehicles.

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BMW i Ventures Invests in Vendia, a Next-Gen Blockchain Company Helping Businesses to Securely Share Data With Third Parties - FutureCar

Originally conceived in the 1960s and made widespread in the mid-2000s, cloud computing continues to evolve, serving as a key foundation for the rapidly advancing world of software and technology. If software is eating the world, the cloud is enabling software with an all-you-can-eat buffet.

Before the advent of cloud architecture, IT infrastructure essential to application development was largely managed on-premises. If more servers were needed, IT practitioners would be responsible for procurement and integration. When systems and software needed repairs or updates, IT practitioners would meticulously handle the process while avoiding any service interruption or data loss. The economic waste from idle or unused resources was not only accepted but expected. As a result of the inefficiencies of managing IT infrastructure, application development processes were slower, more expensive, and more prone to outages, ultimately hindering the scale and speed of development teams.

Today, with the on-demand delivery of shared computing resources via the internet, or the cloud, organizations can store and access their data on remote servers that are fully managed by third-party cloud service providers. Compute, networking, storage, servers, and other IT resources can easily be provisioned as needed and terminated when no longer in use. Organizations can enjoy the many benefits of leveraging cloud computing such as scalability, elasticity, and cost-effectiveness. Cloud computing has completely redefined the IT industry and has not only become the norm but a necessity for modern development teams.

As cloud and cloud-native technologies are shifting from nice-to-have to must-have, the global cloud market continues to grow without any signs of slowing down. Gartner predicts that global cloud revenue will reach $544 billion by 2022 and top $900 billion by 2025.

Aside from the many obvious benefits of cloud computing, the sheer growth in adoption can also be attributed to the ongoing Cloud Wars, or the heated contest over the massive cloud market share. Largely controlled by AWS, Azure, and GCP (in that order), cloud service providers are pouring tens of billions of dollars annually into R&D as they race to stay competitive by constantly improving and developing new features. This, coupled with the evidently perpetual increase in end-user demands, has created a unique environment where the possibilities are seemingly endless. Despite the overwhelming benefits, these continuous innovations also create additional complexity, which has spawned a wave of companies working to help end-users harness the powerful yet enigmatic world of cloud computing.

Behind every application is a stack of technologies supporting the development, production, and ongoing maintenance of said application. Modern cloud technologies such as containers, Kubernetes, serverless, and others have enriched application development while adding new complexities at the same time.

As the essential elements of the underlying infrastructure for cloud deployments (i.e., compute, networking, servers, storage, etc.) are becoming increasingly commoditized due to the domination of the public cloud, organizations are better positioned to focus on new technologies that help manage todays complexities. The modern cloud stack depicted here attempts to both identify and layout these new technologies in an easy-to-understand structure. From the bottom up, the core development stack includes layers such as infrastructure management, databases and data management, and developer tools which are key to building and running applications. On the periphery, tools that run across all layers that augment the operation of the core stack include CloudOps, AIOps, Monitoring & Observability, Data Analytics, and Security.

Israels innovative reputation is well known across many of todays hottest sectors, and cloud technology is no exception. With billions of dollars already invested in this space, Israeli cloud technology shows no signs of cooling off as investor appetite remains strong and promising startups are continuously emerging from stealth. Here is additional context on each area of the modern cloud stack along with a cloud landscape highlighting the Israeli startups operating in each area.

(Note that Data/Analytics (AI/ML/BigData/Data Analytics) and Cloud Security are also integral elements of cloud-native development but were left out of this landscape since they are significant areas that deserve their own individual landscaping.)

Infrastructure Management Infrastructure management is proving to be an increasingly difficult task. Key elements of the core infrastructure needs are being distributed across multiple service providers and data centers, while technologies such as microservices and serverless are only adding to the complexity. Tools that can help automate the management and provisioning of infrastructure from a single pane of glass are now more important than ever.

Databases and Data Management Data for applications is like gasoline for cars. Its needed to get things up and running and there needs to be a constant flow to the right places at the right times. As our daily lives continue to become increasingly infused with the digital world, the amount of generated data is growing exponentially. Databases that can make sense and order of the overwhelming surge of data, and even provide a layer of analytics, are now mission critical. Concurrently, tools that ensure the correct flow of data between data sources, databases, and applications are no less crucial.

DevOps and Dev Tools At its core, DevOps is a set of practices which aims to accelerate software delivery timelines by optimizing the method by which organizations develop and release code. Companies in this subsegment are providing solutions that directly help organizations successfully embrace DevOps practices. Dev Tools assist developers with their daily activities, such as automation of common tasks, no/low code tooling, and project management software.

Monitoring and Observability As modern infrastructure becomes more complex and distributed, gaining visibility and control over your environments and systems is an increasingly daunting task. Monitoring tools track the overall health and performance of a system and can alert you when issues arise. On the other hand, observability tools aim to provide deeper insight into the why, such as, why was there a service disruption or where are the performance bottlenecks. Observability relies on three main elements logs, metrics, and traces. Using this data, observability tools enable IT teams to view their complex systems through a single pane of glass and be better positioned to optimize performance and remediate issues.

AIOps Modern cloud technologies are great for increasing the rate of innovation but also create a flood of new data, making it extremely complex for IT and operations teams to manage incident response. This can cause performance issues and outages leading to poor customer experiences, lost revenue, customer churn, and other negative business consequences. AIOps aggregates data from all data sources and environments, normalizes the data, and uses AI and machine learning to streamline IT operations by automating event correlation, root cause analysis, and incident response.

CloudOps and FinOps With increasingly complex infrastructure needs, immense volumes of generated data, and multitudes of tools being used throughout organizations, a segment termed CloudOps has emerged, which aims to provide a holistic view of the entire cloud stack and better manage and optimize performance. FinOps is solely focused on managing cloud costs, enabling organizations to get the most business value out of their cloud operations. As more and more organizations across virtually all industries are shifting to the cloud, we can assume that the world of cloud technology is only in its infancy and the pace of innovation will increase dramatically.

Organizations continue to embrace new technologies that enable them to fully leverage the cloud in a simple yet sophisticated manner. As Israeli technology has already contributed considerably to this space, and with some of the brightest minds in the industry, we expect Israeli entrepreneurs to feature significantly among the next order derivatives of this landmark innovation, as the modern cloud stack becomes home to ever larger and more critical companies.

Written by Raz Mangel (principal) and Meir Cohen (investor) at Greenfield Partners

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Cloud Computing Redefined the IT Industry: The Israeli Cloud Related Landscape - Geektime

Cloud computing and cloud engineering are at the core of technological advancements that are fast being implemented by companies worldwide. Over recent years, founder of Level Up In Tech, Broadus Palmer has witnessed more and more companies in need of the support that he can provide in the field of cloud career coaching.

Cloud computing includes the use of servers, storage, databases, networking, software, analytics, and intelligence all under the title of computing services. It is done over the internet which as intangible as the internet is, is further referred to as the cloud. Cloud computing offers companies and brands more efficient innovation, and flexible resources.

When Broadus Palmer decided to leave his job as a banker behind after 14 years in the industry, the field of cloud computing and cloud engineering was even less established than it is today. Now it is strongly regarded as a lucrative career path with a trajectory of only upward and expanding possibilities.

After undertaking his own due diligence, Broadus Palmer learned everything that he needed to know to successfully become qualified and land a 6-figure job. His journey inspired the birth of his company Level Up In Tech which offers a comprehensive approach to cloud career coaching.

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Employers want to see experience, and that's what we help to create. We provide hands-on projects that can be used to juice up your resume and set you apart from other applicants. We provide real-world projects to help you expand your skills. shares Broadus.

Throughout his own career journey, Broadus was able to navigate the twists and turns. Outside of the certifications that he needed to be deemed qualified in cloud engineering, he was quick to realize that what made him stand out even further was his mindset and unique approach to problem solving. This ultimately led him to identifying the potential of what he could offer to companies, and how Level Up In Tech was birthed.

What Broadus brings to the table through Level Up In Tech is a combination of the aforementioned, but also the strong desire to help others, to passionately want to see others thrive in the field, and to see them achieve their goals.

The care and consideration for the human element in the learning and hiring process put Broadus and Level Up In Tech in a strong-standing position. This unique standpoint helps towards the development of the minds of future tech workers who will be at the forefront of what the cloud computing industry has to offer and what it is set to become.

Although Broadus is changing lives indirectly through motivational content across multiple social media platforms, he firmly believes in the power of one-on-one Cloud Career Coaching. Now highly regarded as a pillar of the cloud community, Broadus tirelessly works to restore the collective faith of self-belief with his can-do attitude and to encourage more individuals to follow their hearts into the ever-evolving field of cloud computing.

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Cloud Computing Expert, Broadus Palmer: The New Approach To Cloud Career Coaching That Changes Everything - LA Progressive

IBM has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services to offer its software catalogue as Software-as-a-Service (SaaS) on AWS. As a result, AWS will now have over 100 resources in IBM Consulting, IBM Software, and Red Hat. By deepening our collaboration with AWS, were taking another major step in giving organisations the ability to choose the hybrid cloud model that works best for their own needs, said Tom Rosamilia, senior vice president of IBM Software.

Last year, CEO Arvind Krishna said IBM is betting big on hybrid cloud, automation and AI. IBM is all-in on hybrid cloud and AI, determining years ago that our clients only feasible path to rapid digital transformation is through a hybrid cloud strategy. Public cloud is an integral piece of that strategy, IBM said in a statement.

In the quarter ended March, IBM reported revenues of USD 14.2 billion at 7.7 percent growth. Red Hats revenues rose by 18 percent to around USD 1.41 billion, accounting for 1/10 of IBM revenue. In October 2020, IBM announced it would spin off its infrastructure services business unit into a new company- Kyndryl. For the quarter ended March 31, 2022, Kyndryl reported revenues of USD 4.4 billion, a year-over-year decline of 7 percent.

In November 2013, IBMs then CEO Ginni Rometty said IBMs top innovation, Watson, would run on the companys power chips inside SoftLayer. IBM had then just acquired the cloud-computing division. Amazon and Microsoft had spent a decade building an efficient cloud infrastructure by then. AWS launched the Amazon Elastic Compute Cloud in August 2006, and Microsofts Windows Azure became available in early 2010.

In 2013, IBM bought Dallas-based SoftLayer for USD 2 billion. SoftLayer was one of the largest privately-held cloud computing firms. With their support, IBM hoped their cloud services would generate USD 7 billion a year by 2015. On September 30, 2015, IBMs cloud services revenues reached USD 9.4 billion and SoftLayers revenues grew in the double digits.

SoftLayers cloud infrastructure was designed for smaller markets that preferred cheaper softwares instead of bigger organisations that focused on the cloud features. For instance, the data centres of SoftLayer (they were already operating 13 data centres in 2013) were designed for off the rack servers. Meanwhile, the likes of Amazon and Microsoft were designing independent servers with enterprise-grade performance and reliability criteria.

IBM soon realised they needed to build a cloud infrastructure to serve clients needs. For example, big organisations demanded resiliency features like availability zones and large application deployments from their data centres. AWS could meet such demands, but IBMs SoftLayer could not. The latter could also not provide the virtual private cloud technology AWS had introduced in 2009.

The companys executives hired people from Verizons cloud services business to rebuild the cloud.

The Big Blue later acquired Verizon. John Considine, Verizons then CTO, became the General Manager of Cloud Infrastructure Services at IBM- a position he held till 2019. His job was to replace SoftLayers approach and build a new cloud architecture. Considine was working on the project code-named Genesis- an attempt to build an enterprise-grade cloud system from scratch to accelerate the delivery of products on the web with next-generation infrastructure (NGI). IBM envisioned the end product as a fabric computer incorporating 3D Torus and a single large, expensive disk. The company hoped to reduce the latency to less than 20 milliseconds.

Apart from the Genesis project, another group, led by a team from IBM Research, designed a separate infrastructure architecture called GC. The GC hoped to use the original SoftLayer infrastructure design to scale the cloud and make it a virtual private cloud.

In 2017, Genesis was scrapped. Parallel to the GC effort, IBMs team started working on a new architecture project, the NG. The IBM teams worked on two different cloud infrastructures for two years, leading to internal conflicts and breeding confusion. Both the architectures became available in 2019 and ran for a few years till the GC was scrapped.

By the time IBMs cloud infrastructures were up in 2019, Amazon, Microsoft, and GCP already cornered the market.

When Arvind Krishna took over IBM Cloud in January 2019, he aimed to end the double-track infrastructure design strategy and focus on a single cloud approach. My approach is straightforward: I am going to focus on growing the value of the company. This includes better aligning our portfolio around hybrid cloud and AI to meet the evolving needs of the market, Krishna said during the companys first quarter 2020 earnings presentation.

This quarter, IBMs Cloud Paks, its AI-powered software designed for the hybrid cloud landscape, saw a 100 percent net retention rate. Today were a more focused business, and our results reflect the execution of our strategy, said Arvind Krishna We are off to a solid start for the year, and we now see revenue growth for 2022 at the high end of our model.At CNBCs Transform conference, Krishna said he wanted to take advantage of IBMs Red Hat acquisition and help customers manage a growing hybrid cloud world. The IBMs 2020 earnings showed the cloud and cognitive software revenues were down 4.5 percent to USD 6.8 billion. In the latest quarterly report, IBM clouds revenue stood at USD 5 billion.

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What happened to the IBM cloud? - Analytics India Magazine