The PRWIRE Press Releases https:// 2017-08-16T03:33:31Z Siemens Announces $135m Hi-tech Digitalisation Grant 2017-08-16T03:33:31Z siemens-announces-135m-hi-tech-digitalisation-grant $135 million Industrial software grant from Siemens to Swinburne University of Technology supporting training, education and higher degrees by research. Aligned with the Australia Germany Advisory Group and Prime Minister’s Industry 4.0 Taskforce recommendations First Siemens PLM software rolls out for Swinburne students this week Signifies Siemens celebrating 145 years of operation in Australia Today, Siemens announced the largest ever software grant in Australia. The $135 million industrial digitalisation software grant will be used to fully digitalise the Swinburne University of Technology ‘Factory of the Future’. The software will help develop the workforce of the future across the entire work lifecycle from apprenticeships to PhD’s. The Siemens software will support Swinburne University of Technology establish what is believed to be Australia’s first Industry 4.0 ‘Factory of the Future’ facility in Hawthorn, Victoria. At the announcement, Jeff Connolly Chairman and CEO of Siemens Australia said this grant will support Victoria and Australia by preparing students so they can participate in the many opportunities that digitalization provides within the new innovation economy that is globally interconnected. “This is about jobs of the future today. I’m proud to be standing here today side by side with Swinburne University of Technology announcing the largest ever industrial software grant in Australia. Our country’s future relies on companies working with key educational and research institutions to get our workforce ready for the fourth industrial revolution. The world is changing rapidly through technology and Australia needs to equip our future generations and our existing workforce with the necessary capabilities and tools to make things faster, cheaper and better – ultimately this is about jobs and competition,” said Mr Connolly. The announcement coincides with the 145th anniversary since Siemens commissioned the Darwin to Adelaide telegraph – another technology breakthrough that transformed the fabric of Australia. “For Siemens to be here at least another 145 years we need a viable and successful base of industry, manufacturing and infrastructure along with a highly skilled workforce driven by forward thinking educators. So it’s vitally important that our future generations are equipped with the globally competitive technology and skills to take us on that journey,” Mr Connolly said. The software grant provides a suite of advanced PLM (product lifecycle management) software and new generation cloud based Internet of Things (IoT) platform ‘Mindsphere’, which will allow students and researchers to have access to the same apparatus being used by leading industries on the most advanced projects according to Mr Connolly who is also Chair of the Prime Minister’s Industry 4.0 Taskforce. “These are the same tools used to create digital shipyards for the US Navy. The same software used to design, build and operate everything from the latest oil and gas platforms to hi-tech production lines such as the Maserati Ghibli. We provide the innovation tools so that Australia can provide the ingenuity,” Mr Connolly said. “Imagine creating a digital twin, not only of the product but of the entire manufacturing process, so you don’t need to have costly and time consuming physical prototypes. Everything from the assembly line to tooling, ergonomics and resources can be fully simulated digitally. This is exactly what our software grant will help students achieve in Swinburne’s Factory of the Future.” The grant also includes a co-contribution by Swinburne for initialisation and ongoing interaction with and global support by Siemens expert software engineers. According to Professor Aleksandar Subic, Deputy Vice-Chancellor (Research and Development) and Chair of Industry 4.0 Testlabs on the Prime Minister’s Industry 4.0 Taskforce, digitalisation of manufacturing is critical to help Australian industry transition to the future. “We’re immersed in the fourth industrial revolution and we want to make sure that students and researchers are equipped with the required advanced capabilities and technologies to help Australia access global value chains. The international competition will be fierce in the Manufacturing domain, which is why this development is so timely and critical.” “I have experienced the Siemens automation technology and digitalization software and hardware first-hand in Germany and the US and can see how this approach will help transform our manufacturing sector and develop future workforce to participate and compete globally,” said Professor Subic. “We have already made significant progress in aligning our research and education strategy with the Industry 4.0 roadmap in collaboration with our industry partners both locally and internationally. The partnership with Siemens and our co-investment in digitalising the Swinburne Factory of the Future will allow us to make the step change in how we support our SME’s and develop future graduates across the entire education life cycle – from apprenticeships to PhD’s. We are committed to transforming industries and developing the workforce of the future in support of a more competitive Australia. The fully digitalised Swinburne “Factory of the Future” will set an Industry 4.0 benchmark and provide an environment for workforce transformation that is in line with the most advanced economies in the world. This is an aspiration that we shared on the PM’s Industry 4.0 Taskforce”. Siemens hi-tech PLM digital software tools are used in everything from Ben Ainslie Racing in the America’s Cup, Firewire surfboard design, Red Bull Racing F1 and even the Mars Rover. Siemens PLM solutions include digital product development, digital manufacturing and product data management. The Siemens PLM suite includes power tools such as ‘Teamcenter’ for engineering collaboration, ‘NX’ for 3d design, ‘Simcenter’ which allows for computer automated engineering simulation such as digital twins and ‘Technomatix’ which includes digital avatars. These are all about digital manufacturing. Digital manufacturing is a key point of Industry 4.0 as it connects advanced software tools to various shop floor applications and equipment, enabling the exchange of product-related information between design and manufacturing groups. This means faster time to bring product ideas to life, more complex and flexible manufacturing, cost savings, improved quality and ultimately greater competitiveness. [ends] Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at Further Background The grant is a result of active engagement between Australia and Germany and the agreement between the two nations to improve bilateral relations. Following the Brisbane G20, the Australia Germany Advisory Group (AGAG) was established to provide recommendations on how Germany and Australia could work more closely. Finance Minister Mathias Cormann led AGAG from the Australian side and of the 59 recommendations several related to helping prepare Australia for the 4th industrial revolution (Industry 4.0) a German concept and view of the technology transition taking place around the world right now. As such a new industry-led taskforce was established and Chaired by Siemens Jeff Connolly. A number of positive outcomes have followed including a signed collaboration agreement between Australia’s Prime Minister’s Industry 4.0 Taskforce and Germany’s Plattform Industrie 4.0 Group – one of only a handful of agreements in the world and signed at Hannover Fair in April this year. Other outcomes include the establishment of Australia’s first Industry 4.0 advanced diploma apprenticeship program. MNF Group reports record full year result exceeding forecast 2017-08-15T02:19:57Z mnf-group-reports-record-full-year-result-exceeding-forecast EBITDA up 34% to $23.9m, NPAT up 35% to $12.1m Sydney – 15 August 2017 - The Board of global high-quality voice communications specialist MNF Group (MNF) are very pleased to report an excellent profit result for the full year ending 30 June 2017. Earnings before interest expense, tax, depreciation and amortisation (EBITDA) rose by 34% to $23.9 million, on total revenue of $191.8 million. This produced a final net profit after tax (NPAT) of $12.1 million which is well ahead of the company’s published forecast. The total dividend for the full year has increased to 8.25 cents per share fully franked representing 50% of NPAT, with the company declaring a final dividend of 4.50 cents per share. “Our performance this year is largely a result of organic growth within all three segments of the business – Domestic Retail, Domestic Wholesale and Global Wholesale.” said MNF Group’s CEO, Rene Sugo. “The business, as a whole, has been focussed on growing our more valuable high margin products with recurring revenue, and moving away from some of the lower margin usage based products. The company expects this transformational trend to continue well into the future as consumers and businesses quickly act to embrace our new MNF powered applications, driven by roll out of the NBN.” Sugo added. “The Domestic Retail segment this year demonstrated strong underlying organic growth complemented with the CCI acquisition earlier in the year. The Domestic Wholesale segment continues its ongoing strong growth with its gross profit contribution up a very solid 24% on last year. We are also very pleased with the Global Wholesale segment which achieved solid growth of 15% driven from the uptake of new generation services.” said MNF Group CEO, Mr Rene Sugo. “The CCI acquisition integration is going to plan with the network integration largely completed, ensuring a full year of synergies in FY18.” added Sugo. CCI Post-Acquisition Update: The integration of the CCI acquisition is progressing well, with all major project milestones for the year having been achieved. These include – staff integration, finance integration, network integration and number porting to our network. The CCI business is itself performing well, meeting all pre-acquisition expectations for the first 5 months. Business Outlook and Guidance: The MNF Group has been operating in three well defined segments – Domestic Retail, Domestic Wholesale and Global Wholesale. Each segment contains strong diversity in terms of customers, products and revenue streams. All segments operate in our core area of expertise, being: enabling new and disruptive communications through software development and network deployment. Each segment has a well-defined strategy for investment & expansion to produce strong and sustainable organic growth, now and well into the future. The company has adopted a four-dimensional growth strategy: Growth by geographic expansion – driven by the Global Wholesale segment as the company invests in additional network assets in new countries through-out the Asia-Pacific Region. Growth by enhancing software capabilities – driven by the company’s pedigree of software innovation, continuing to expand its suite of communications software products and services. Growth by customer acquisition – as the company grows its market share domestically and globally, by acquiring new wholesale, business, enterprise and government customers. Growth by customer expansion – as existing wholesale customers domestically and globally grow their own user base, these customers continue to acquire incremental capabilities from our company. The company believes it is well placed to execute this growth strategy in the short and longer term, and continue to deliver sustainable profit growth for shareholders. The Board believes that MNF Group has demonstrated its ability to harvest value from accretive acquisitions and integrate them quickly & effectively to improve the overall performance of the business. With a discerning and conservative approach, we will continue to actively search for further acquisition opportunities; whilst we remain totally committed to driving growth and performance within the business. There will be a teleconference and results presentation held on Tuesday 15 August at 3:00 pm AEST. For details please check A recorded version of this presentation will be made available for later viewing at the same web address. /ENDS About MNF Group Limited MNF Group Limited, (ASX: MNF) is an integrated telecommunications software and network provider, specialising in Internet communications. MNF Group was founded in 2004 and listed on the ASX in 2006. The company has 72.8 million shares on issue and has operated profitably since 2009 paying dividends to its shareholders every six months since September 2010. The Group operates a global Smart Network carrying over 6 billion voice minutes per annum, with Points of Presence (POPs) in Los Angeles, New York, Hong Kong, Singapore, London, Frankfurt, Sydney and Auckland. Domestically, the Group operates the largest, fully interconnected IP Voice network in Australia. MNF Group has a reputation for quality, value and innovation, being the recipient of numerous awards including the ACOMMS award for innovation (2017, 2016), Edison Award (2017), the Australian Growth Company Awards (2016), the iAwards for Innovation (2016), Forbes Asia’s 200 Best Under a Billion (2014 & 2015), Deloitte Technology Fast 50 (2008, 2009, 2010, 2012, 2013, 2014) and CeBIT Outstanding Project Award (2013), and many more. MNF Group companies includes retail brands: MyNetFone, Connexus, CallStream, PennyTel and The Buzz; conferencing brands Ozlink, Eureka, Express Virtual Meetings and wholesale brands TNZI, Symbio Networks and iBoss. For further information about MNF Group Limited please visit: For further information please contact: Sue Ralston Einsteinz Communications T: (02) 8905 0995 E: Harbour ISP Offers Special Introductory Pricing on Mobile Phone Plans 2017-08-10T23:45:15Z harbour-isp-offers-special-introductory-pricing-on-mobile-phone-plans Harbour ISP today announced two special introductory mobile phone promotions to support the launch of its new mobile service. The Australian-owned internet service provider (ISP) has expanded on its broadband and phone offerings with the introduction of mobile services. These 4G, SIM-only mobile phone plans can be purchased as an add-on to Harbour ISP’s internet bundles or as a stand-alone product, and are available to both business and residential customers. In addressing the growing need for mobile data, for the month of August Harbour ISP is offering significantly reduced prices on two of its larger plans for the duration of the user’s 12 month contract. Customers signing up to Harbour ISP’s Super+ plan (including 7GB data, normally $55/month) can now secure the deal for $40/month, or Harbour ISP’s Max+ (10GB, normally $65/month) for $45/month. The offer is valid for customers who sign up by 31 August 2017 to a 12 month plan, with prices locked in for the duration of the contract. More information on Harbour ISP’s new mobile phone plans can be found at “We’re excited to expand into the mobile market, because it provides our customers with a more holistic choice when it comes to their communication channels,” said Charles Tym, Director, Harbour ISP. In regard to the reduced prices, Mr Tym said, “We’re seeing an increase in the consumption of mobile data, with users streaming videos and accessing photo-based apps on the go. Instead of our users going over their limit, we’ve decided to offer them the opportunity to get onto a larger plan at the cost of our basic plan. There are other mobile providers offering discounted rates for a few months, but we’re taking it a step further and securing the discounted rate for the full 12 month term of the contract.” Harbour ISP’s Super+ and Max+ 4G, SIM-only mobile plans include unlimited calls and SMS, and 300 minutes of call time per month to 26 selected international countries. Additional data packs and international roaming are also available as required. ___ About Harbour ISP Founded in 2005 by Charles and Melissa Tym, Harbour ISP is a 100% Australian family-owned ISP providing broadband fibre, fixed wireless and satellite internet, as well as VoIP and mobile phone services, Australia-wide. Visit for more information. Media Contact: Martin Aungle Explore Communications Tel: +61 2 4872 4981 Mob: +61 415 917 381 Email: Australian Customers Prefer Digital-First Approach to Banking Services 2017-08-10T01:00:00Z australian-customers-prefer-digital-first-approach-to-banking-services Sydney, Australia, August 10, 2017 – Australian customers would prefer to resolve their basic banking issues without having to deal with a human being, according to a new survey by market researcher, YouGov. The Avaya-commissioned Customer Experience in Banking 2017 report indicates that Australians’ most-preferred method of contact with their bank would be via the website, while a third, 34 per cent, regularly use mobile banking apps, more than their counterparts in the UK and UAE. The survey covered more than 5,000 banking customers in four countries – Australia, India, the UK, and the UAE. Given the choice of only one channel, 28 per cent of the 1,153 Australians surveyed would prefer access to a complete list of services via their bank’s web site, only speaking to a person if they really have to. Likewise, 19 per cent would prefer to use a mobile app, while eight per cent would choose to access services through the contact center application. More than half, 54 per cent, regularly use online banking, behind only the UK’s 60 per cent, while only 36 per cent usually visit their branch, the joint-lowest with the UK. Unsurprisingly, younger generations of Australians are more likely to use mobile services, with 58 per cent of 18 to 24-year-olds and 53 per cent of 25 to 34-year-olds regularly using mobile apps, compared to just 13 per cent in the 55+ category. Interestingly, 57 per cent in the latter group use online banking, while just 45 per cent of 18-24-year olds do. Still, the YouGov study found that traditional interactions continue to hold a place in the financial services industry. In fact, 22 per cent of Australians prefer to visit branches, a figure led by older respondents, with a third of over-55s selecting that option. While more than half, 51 per cent, of Indian respondents said they regularly visit their branch, the highest of the four countries surveyed, only 13 per cent said they prefer to do so – by far the lowest of the four. “The financial services industry (FSI) has typically led technology adoption and digital services – in part due to available capital, but primarily because a highly-competitive market creates constant pressure to exceed the expectations of demanding consumers,” said Peter Chidiac, Managing Director Australia and New Zealand, Avaya. “Customers see value in more than just rates, meaning banks and other financial organisations must provide an experience that aligns to the daily lives of their consumers. To meet those expectations, they have to optimise traditional transactions while enabling interactions across the latest platforms and introducing innovations such as artificial intelligence (AI).” Regardless of how they choose to contact their bank, the most important issues for Australian customers is that they get the same level of experience and service, and that their problem is resolved on the first point of contact. The most common customer complaint is being kept waiting for a long time on the phone, cited by 21 per cent. This may explain why less than a quarter, 23 per cent, of Australian respondents regularly call a contact center. “Consumers are looking for fast resolutions, and within reason, hope for an answer within the first point of contact,” said Chidiac. “The problem is that some contact centre agents in financial institutions aren’t prepared to deal with a wide range of enquiries, especially in omni-channel environments. Contact centre agents need to be equipped to deal with enquiries no matter which platform the consumer is using to make contact, and importantly, the interaction must be able to shift across platforms without forcing the consumer to explain their issue repeatedly.” To learn about how Avaya is digitally transforming financial services, check out this short video or browse this resource guide. About Avaya Avaya enables the mission critical, real-time communication applications of the world’s most important operations. As the global leader in delivering superior communications experiences, Avaya provides the most complete portfolio of software and services for contact center and unified communications with integrated, secure networking— offered on premises, in the cloud, or a hybrid. Today’s digital world requires some form of communications enablement, and no other company is better positioned to do this than Avaya. For more information, please visit Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or other similar terminology. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these are reasonable, such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results to differ materially from any future results expressed or implied by these forward-looking statements. For a list and description of such risks and uncertainties, please refer to Avaya's filings with the SEC that are available at Avaya disclaims any intention or obligation to update or revise any forward-looking statements. All trademarks identified by ®, TM, or SM are registered marks, trademarks, and service marks, respectively, of Avaya Inc. All other trademarks are the property of their respective owners ### SECURONIX EXPANDS OPERATIONS IN AUSTRALIA WITH OFFICIAL LAUNCH IN SYDNEY 2017-08-02T01:17:22Z securonix-expands-operations-in-australia-with-official-launch-in-sydney Sydney, Australia, 2 August, 2017 – Leading User Behaviour Analytics security firm, Securonix, today announced it has expanded into Australia with the opening of its first operational base in Sydney. The company’s market-leading technology detects malicious behaviour within an organisation or network in real-time. The launch in Sydney follows on the heels of the company launching in Singapore as part of a concerted global expansion. Founded in 2008, Securonix pioneered the use of user and entity behaviour analytics (UEBA). It is the only purpose-built Security Intelligence Platform that relies on signature-less technology for the detection, monitoring, investigation and management of malicious behaviour within an organisation and/or its network in real-time. It analyses user behaviour, log irregularities and next-generation security information and event management (SIEM), and can “connect the dots” from the full range of data available, develop profiles based on that data, and identify where a threat may come from and what level threat it poses before the damage is done. “Some of the world’s biggest security breaches happen not from the outside, but from within. Fraud, leaks and insider theft are on the rise in Australia and firms need to act to protect themselves,” said Chris Poulos, Vice President for Asia-Pacific and Japan, Securonix. The most recent KPMG ‘fraud barometer’ found that the total value of frauds rose by 16 per cent during a six-month period in 2016 to $442m, and that those most likely to be engaged in fraud were from company management (36 per cent of cases). “It’s why analysing user behaviour should be part and parcel of a security posture and until now Australian organisations have been unable to do it effectively,” said Poulos. Based in Sydney, the company will be led locally by Poulos and Michael Livingstone, Country Manager for Australia and New Zealand. The Securonix platform can be delivered as a managed service or through the channel in Australia, with the company having established partnerships with more than a dozen resellers in the region. The platform has been used across the globe within the mining, financial, gaming, retail, defence, healthcare, telecommunications, manufacturing, government and life sciences industries as the key identifier of potential fraud and theft. The March 2017 Gartner report, “A Comparison of UEBA Technologies and Solutions”, identified Securonix as the only UEBA solution provider to earn “strong” coverage in every use case assessment. “The world has already seen in the past few months the rise of various cyber threats such as WannaCry and Petya, and people’s eyes are opened to the destruction and disruption that can be caused by those with malicious intentions,” said Poulos. “Organisations need to barricade the walls from outside threats, sure. But it’s the inside threat that is perhaps the most malicious and it’s the one too many organisations simply don’t see coming. “The data is already there for the most part. It comes down to the proper analysis of all of that data into actionable intel that can prevent a devastating leak, fraud and the theft of IP by competitors or other nations.” The company’s strategic advisory board is chaired by former Deputy Director of the National Security Agency (NSA) in the United States, Chris Inglis. About Securonix Securonix radically transforms enterprise security with actionable intelligence. Its purpose-built security analytics platforms mine, enrich, analyse, score and visualise data into actionable intelligence on the highest risk threats to organisations. Using signature-less anomaly detection techniques, Securonix detects insider threat and fraud attacks automatically and accurately. Visit Primary Communication is ANZ Cyber Security partner for Code Red 2017-08-02T00:34:36Z primary-communication-is-anz-cyber-security-partner-for-code-red Sydney, Australia- 02 August 2017 - Primary Communication today announced it has joined Code Red, the first international PR network specialising in IT security technology. Serving global security technology companies needing best-in-country services, Primary Communication is the only Australian public relations and marcomms firm to be accepted as a member of the Code Red Security Network. The Code Red security network already has 18 specialist agencies working to provide cohesive, integrated campaigns to improve the knowledge and reputation of global security firms. “We’re proud to welcome Primary Communication as the Australian and New Zealand partner, and as part of our overall strategy to offer global security communications support and opportunities for our clients in the security industry,” commented Code Red founder Dianne Canham. “Businesses are investing in smart defences against data breaches and malware. They need the latest technology to tackle emerging threat vectors carried across mobile devices, the cloud and now the Internet of Things.” Elaine Banoub, Account Director, Primary Communication said the Australian team is thrilled to be joining the Code Red Security Network. “IT security is a massive issue from the boardroom to the shopfront of every company and government group in Australia and New Zealand. Our technology clients do much more than provide systems, they are also contributing to the public dialogue. “Working closely with the Code Red team, we can effectively tap into a much wider network of global services and roll out harmonised campaigns that are tailored to our unique local markets.” The partnership with benefit from Primary Communication’s strong presence in ANZ along with Code Red’s existing international footprint of co-branded partners and affiliates across the globe. Australian Cloud Company Joviam Expands with Launch into the United States 2017-08-01T01:44:19Z australian-cloud-company-joviam-expands-with-launch-into-the-united-states Sydney, Australia – August 1, 2017 – Australian cloud computing company, Joviam, has expanded its operations into the United States, launching its services out of San Francisco as it aims to at least double its size in the 2018 financial year. Joviam provides a cloud platform for technically-minded consumers and professionals who need a powerful and flexible platform to create and run apps and digital services, including Software-as-a-Service (SaaS). This includes developers, systems administrators and SMBs (such as engineering companies and development houses). Joviam, which competes with the likes of Amazon Web Services and Microsoft, differentiates itself by bringing enterprise-grade cloud computing capabilities to the wider market. This is made possible by the InfiniBand technology which underpins the platform, enabling performance that is almost five times ahead of the market but at a significantly lower price point. Joviam selected the US as its first point of expansion outside Australia due to the market’s cloud leadership. It has taken up residence in the Equinix SV2 data centre. Statistics firm Statista expects North American cloud computing revenue to reach AU$57.84 billion (US$45.84bn) in 2017, with predictions for 2020 at AU$87.44bn (US$69.30bn). This is a significant portion of the worldwide market, which is forecast to exceed AU$178.54bn ($US141.50bn) in 2020[1]. “While we’ve been serving a global customer base since our inception, the launch of our US-based operations allows us to play a more prominent role in the world’s largest cloud market, while providing us with access to a much larger customer base” said Gabriella Jarrett, Director and Co-Founder at Joviam. “More importantly, our localisation in the US allows us to meet the demand for flexible enterprise-grade cloud computing that doesn’t force SMBs into lock-in scenarios. This means they can build their businesses with best-of-breed technologies that suit their operations, while also eliminating key concerns surrounding cloud computing – in the case of the US, latency, data sovereignty and compliance.” While Joviam is self-funded to date, it has already received interest from US-based venture capital firms. It will consider agreements with these parties should the propositions align with Joviam’s wider expansion objectives as it begins to eye Europe and Asia in the next 24 months. About Joviam Joviam is an Australian Infrastructure-as-a-Service (IaaS) provider. It meshes a custom hypervisor stack with InfiniBand supercomputer technology to create a cloud platform with enterprise-grade performance and stability for the wider public market. Flexibility with no vendor lock-ins and full configurability through use of ‘Infrastructure-as-Code’ provides an optimal foundation for DevOps practices and agile development. Industry-leading IOPS performance provides the ultimate cloud environment for big data, app development and Software-as-a-Service (SaaS) applications and fintech. Visit for more information. [1] Figures based on July 24, 2017, exchange rate from the Euro. Survey Highlights Disconnect between Australian Consumers’ High Expectations for Digital Services and an Organisation’s Ability to Deliver Them 2017-07-31T20:00:00Z survey-highlights-disconnect-between-australian-consumers-high-expectations-for-digital-services-and-an-organisation-s-ability-to-deliver-them SYDNEY, AUSTRALIA – August 1, 2017 – More than three quarters of Australian consumers will leave a digital (website or mobile) app or service in one minute or less if it is unresponsive or slow, according to a new survey from PagerDuty®, the leader in digital operations management. Released today, the State of Digital Operations: Australia, highlighted a disconnect between consumers’ high expectations of their digital service experience and how quickly IT organisations can adapt to the rise of digital service offerings and resolve customer-impacting incidents. The survey also indicated that ensuring excellent digital experiences is no longer just an imperative for the developers and IT operations teams responsible for managing infrastructure; digital incidents now have a direct impact on the business, with nearly one third of respondents reporting that one hour of IT downtime costs their companies between $500,000 to more than $10 million AUD. Of the IT organisations that felt prepared to effectively support digital offerings, incident management reigned supreme, with DevOps, continuous integration, agile development and ChatOps identified as other common practices. The report findings, based on a two-part survey of over 200 IT personnel in development and operations as well as over 300 consumers in Australia, revealed that resolving consumer-impacting incidents takes IT teams more than five times longer than the amount of time consumers are willing to wait for a service that isn’t performing properly—increasing the chances that customers and revenue are lost during downtime. Nearly all (90 percent) of the IT professionals (e.g., developers, DevOps and IT operations teams) surveyed cited that IT operations is most responsible for ensuring seamless delivery of their organisation’s digital offerings, ultimately holding the key to consumers’ brand loyalty and business revenue.   “Digital services provide an essential way for consumers to complete everyday tasks and as a result, expectations for an always-on, user-friendly digital experience have reached new heights,” said Jennifer Tejada, CEO, PagerDuty. “To meet this demand and remain competitive, businesses must integrate machine and human intelligence with incident response best practices to enable effective business-wide response, leveraging the excellence of digital operations management. The alternative could mean a loss of customers and millions in revenue.” In the State of Digital Operations: Australia survey, digital services were defined as those offered through digital interfaces, such as computers, tablets and smartphones, spanning both professional services, as well as those used for personal reasons. These services have become more prevalent in the lives of Australian consumers—Deloitte Access Economics (2015) estimates that the broader digital economy will grow to contribute as much as $139 billion to the economy by 2020 (7.3% of GDP).  The Business Impact of IT Incidents IT incidents impact more than IT organisations. The State of Digital Operations report found that IT incidents also have a direct impact on stakeholders in the lines of business: Nearly one third of respondents (33.4 percent) report that one hour of IT downtime costs their companies between $500,000 to more than $10 million AUD. The non-IT departments most impacted by IT Operations issues are sales, research and development, accounting and finance, marketing, customer service and production. Despite IT incidents becoming increasingly tied to business success and the bottom line, only 21.4 percent of organisations prioritise informing business stakeholders after a disruption occurs. Less than half of organisations (44.3 percent) contact affected customers or users. The IT Readiness Disconnect The survey of over 200 IT personnel in development and operations found that while a majority feel confident that their organisation is prepared to support digital services, more than half are still experiencing customer-impacting incidents (slowness or downtime) at least one or more times per week. 71.9 percent of respondents feel confident that their IT organisation is prepared to support digital services. 56.2 percent of respondents noted that their organisations are still experiencing customer-impacting incidents (slowness or downtime) at least one or more times a week.  The rise in digital service offerings has also created operations challenges for IT organisations such as increased difficulty in capacity planning (e.g. increase in volume of data), increased complexity resulting in more cognitive load and an increase in number of tools. IT organisations also face reduced budgets, lack of full stack visibility, lack of contextual data when troubleshooting, siloed IT functions limiting collaboration and alert fatigue.  The Cure for the Common Digital Disruption Challenge Many IT professionals are adopting modern development methods and tools to address the challenges of digital operations and consumer expectations: According to IT organisations, incident management reigns supreme among those who feel prepared to effectively support digital offerings, with DevOps, continuous integration, agile development and ChatOps identified as other common practices. Monitoring tools also play a critical role in helping organisations support digital service offerings effectively. Security monitoring is the tool or service most widely used amongst organisations who feel they’re equipped to support digital services, followed by application monitoring, infrastructure monitoring and IT operations analytics. “Today’s IT teams are faced with more complex architectures that result in a number of new operational and technological challenges. The number of tools used, coupled with the increase in volume of data in play, makes it even more difficult to ensure a consistent digital experience for customers,” said David Wall, Managing Director and Country Manager for APAC, PagerDuty. “As organisations bridge between IT performance and a superior digital experience, their IT teams and lines of business must be equipped with digital operations tools and services that enable even more visibility into the digital stack.”   The complete Australian 2017 State of Digital Operations Report is now available for download.  About PagerDuty PagerDuty is the leading digital operations management platform for businesses. Through its SaaS-based platform, PagerDuty empowers developers, DevOps, IT operations and business leaders to prevent and resolve business-impacting incidents for exceptional customer experience. More than 8,000 small, mid-size and enterprise global customers such as NBC Universal, Lululemon, IBM and Panasonic use and trust PagerDuty to maximize their time and increase their business response and efficiency. When revenue and brand reputation depends on customer satisfaction, PagerDuty arms businesses with the insight to proactively manage incidents and events that may impact customers across their IT environment. Headquartered in San Francisco with regional offices in Toronto and Sydney, the company was recently listed in the 2016 Deloitte Technology Fast 500, Inc. 500 and Forbes Cloud 100 lists.Media Contact  Progressiva Jo Balfour M: +61 405 542 018 Shuba Paheerathan M: +61 438 606 424   ###PagerDuty is a registered trademark of PagerDuty, Inc in the United States.  All other trademarks are the property of their respective companies.   PagerDuty Expands Global Presence into Asia-Pacific Region with Australian Team 2017-07-31T20:00:00Z pagerduty-expands-global-presence-into-asia-pacific-region-with-australian-team SYDNEY, AUSTRALIA — AUGUST 1, 2017 — PagerDuty, the global leader in digital operations management, today announced the launch of its local team in Sydney, Australia. The global expansion will help the company further grow its presence in the Asia-Pacific region and address the increasing need for PagerDuty® digital operations management. The company also announced the appointment of David Wall, former head of APAC sales at Dropbox, who brings more than 10 years of executive leadership and software industry experience growing businesses in the region; he will lead PagerDuty’s expansion in Australia and Asia Pacific by continuing to build an ecosystem of customers and partners. “Leading companies across industries and of all sizes are more dependent than ever on digital for revenues and customer engagement. PagerDuty is experiencing strong growth by addressing real-time digital operations challenges,” said Jennifer Tejada, Chief Executive Officer, PagerDuty. “Our expansion in Asia-Pacific highlights our efforts to provide developer and IT operations teams, as well as the broader business, with better visibility and insights to effectively prevent and manage incidents, ultimately delivering a great customer experience.” According to the inaugural PagerDuty State of Digital Operations: Australia, more than 75 percent of Australian consumers surveyed said they will leave a digital app or service in one minute or less if it is unresponsive of slow. On the other hand, nearly all IT personnel in development and operations surveyed said their organisations take between six minutes to more than one day to resolve IT incidents that impact consumer-facing digital services. The business impact is significant—more than half (56.2 percent) of IT personnel cited customer-impacting incidents occur at least once a week or more. Further, nearly one third of IT personnel surveyed (33.4 percent) reported that an hour of IT downtime costs them between $500,000 to more than $10 million AUD. “PagerDuty has helped us address several challenges as we embrace new technologies and innovation to deliver digital content and improve our overall customer experience,” said Jeremy Emmett, Infrastructure Solutions Manager, Fairfax Media, a leading digital publisher in Australia and New Zealand. “We have automated incident management so we can quickly task the right people to fix business critical issues that may get in the way of a smooth customer experience. Most importantly, we can get comprehensive insights and can easily set priorities and proactively address areas of technical debt. All the while, our team is high-performing and maintaining a healthy work/life balance. PagerDuty means a better quality of life as we scale to match our fast-paced, growing business.” “There is a critical need in APAC for PagerDuty’s customer-centric approach to digital operations management. The company stood out to me as the best equipped to handle the rapid expansion of digital services and their operational needs. I look forward to helping shape the future direction of PagerDuty through key channels and alliances in this region while empowering customers to become more successful,” Wall said. In his new role at PagerDuty, Wall will apply his deep knowledge of developing successful growth strategies to build on PagerDuty’s position as the leading digital operations management platform. Prior to PagerDuty, Wall was a key member of Dropbox’s leadership team, responsible for developing, executing and driving growth through direct and channel sales within the APAC market by helping companies simplify the way people and teams work together. “With over 800 customers in Asia Pacific already, PagerDuty has a strong foundation to build on,” said Tejada. “David’s track record in establishing successful partner, channel and alliance outcomes and achieving high-growth regional sales success across large geographic regions will play a crucial role in helping us to understand and delight our customers, scale our global business, and continue our strong business growth.” PagerDuty aims to be the solution of choice in the APAC region when organisations seek to significantly improve and protect exceptional digital customer experiences. By gaining full visibility of the digital stack and actionable insights, PagerDuty helps organisations proactively mobilise people and manage issues in their IT and DevOps environments. Today, PagerDuty’s digital operations management platform supports more than 9,000 organisations across the globe. For additional information, join the company at its launch party taking place today by registering now. About PagerDuty PagerDuty is the leading digital operations management platform for businesses. Through its SaaS-based platform, PagerDuty empowers developers, DevOps, IT operations and business leaders to prevent and resolve business-impacting incidents for exceptional customer experience. More than 9,000 small, mid-size and enterprise global customers such as Lululemon, IBM and Panasonic use and trust PagerDuty to maximize their time and increase their business response and efficiency. When revenue and brand reputation depends on customer satisfaction, PagerDuty arms businesses with the insight to proactively manage incidents and events that may impact customers across their IT environment. Headquartered in San Francisco with regional offices in Toronto and Sydney, the company was recently listed in the 2016 Deloitte Technology Fast 500, Inc. 500 and Forbes 2017 Cloud 100 lists. Media Contact: Progressiva Jo Balfour M: +61 405 542 018 Shuba Paheerathan M: +61 438 606 424 ### PagerDuty is a registered trademark of PagerDuty, Inc in the United States. All other trademarks are the property of their respective companies. FURRION APPOINTS NATHAN DIXON AS VICE PRESIDENT OF GLOBAL MARKETING 2017-07-28T01:04:45Z furrion-appoints-nathan-dixon-as-vice-president-of-global-marketing ANNOUNCEMENT JULY 27, 2017 FURRION APPOINTS NATHAN DIXON AS VICE PRESIDENT OF GLOBAL MARKETING HONG KONG – Furrion, a global leader of innovative products and solutions for the specialty vehicle market, announced today that Nathan Dixon has been hired as its new Vice President of Global Marketing. Dixon is Furrion's second high-profile hire in recent months and comes at an opportune time, as the company is experiencing unprecedented growth, including expansion into the home and business markets in the second half of 2017. “Nathan is an incredible addition to our team and we look forward to his leadership in executing our global marketing strategy and managing all of our marketing efforts,” said Furrion co-founder and Chief Marketing Officer, Matt Fidler. “Nathan brings both in-house and creative agency experience developing award winning campaigns, which made him the perfect choice to unite our various countries marketing heads and agencies. We have an exciting year ahead and are lucky to have Nathan as part of the team as we continue to expand our brand.” Dixon will be based in the company's Hong Kong headquarters and will focus on accelerating Furrion’s marketing efforts as well as overseeing all country marketing teams, agencies, and promotional partners. Dixon will be instrumental in building brand awareness, increasing Furrion’s digital presence, product launch campaigns, and relaunching the brand’s social networks in order to better engage with Furrion’s growing audience as it expands into different sectors. Dixon comes to Furrion from Sensis, Australia’s number one marketing services company, in Melbourne, where he was the marketing and communication manager responsible for developing national integrated campaigns and strategies with a focus on B2B, brand and product marketing. Prior to Sensis, Dixon has a wealth of experience in premium automotive and consumer retail, developing strategies and campaigns for leading global brands. His diverse experience is what made him a stand out candidate for the Furrion Vice President of Global Marketing position. “I am excited about the opportunity to establish a global marketing team for Furrion, increase our brand awareness in our key markets and develop best in class marketing initiatives to launch our new range of products into the consumer market,” says Dixon. “The Furrion team has done an excellent job becoming a leader in providing future perfect solutions for the specialty vehicle and yacht industries and I look forward in building on that legacy as we continue to develop mobile and connected lifestyle solutions for our customers.” For further information, please contact: About FURRION Furrion ( is a global technology company that designs and manufactures products and services that enhance consumer lifestyles. As a leading supplier of luxury products to various industries, Furrion’s portfolio includes electronics, appliances, renewable energy, automotive navigation, information technology, power management systems, electrical components and robotics. All trademarks and copyrights are the property of their respective owners. icare (Insurance & Care NSW) implements OnBase by Hyland for digital information management 2017-07-27T06:27:03Z icare-insurance-care-nsw-implements-onbase-by-hyland-for-digital-information-management icare, the New South Wales’ government’s insurance and care provider, has selected and implemented OnBase by Hyland, an enterprise information platform, hosted in the Hyland Cloud. icare will use OnBase to support its enterprise vision of digital information management, initiating the project in its largest division, which delivers insurance and care services to customers of the NSW Workers Compensation scheme. icare is one the largest insurers in Australia with $33 billion in assets and more than 3.4 million customers. icare is a new public financial corporation undertaking business transformation from a previously adversarial process to a contemporary business, delivering a world-class service experience to employers, injured workers and motorists – focused on quality of life outcomes, not process. Through this transformation, icare is creating a fresh new business model from one based on previously fragmented systems to one powered by a common platform, providing an integrated view of the customer and service delivery. To enable this goal, icare sought an innovative technology to provide a single view of the customer information and optimise business processes. “Hyland was a natural fit for icare. They show impressive insurance and health industry experience and have provided sound advice on how we can optimise their OnBase technology within our business environment and successfully integrate it with our insurance lifecycle management software, Guidewire. We’ve enjoyed a successful partnership where they’ve met our deadlines, enabling us to meet our program milestones,” said John Nagle, icare group executive, workers insurance. “The OnBase product provides an end-to-end record management and secure storage solution to manage our customer correspondence, policies and billing – linking them to claims and care delivery, as well as enabling secure access of information from the cloud,” Nagle said. “Their solution provides a fully integrated platform which gives our underwriters and billing staff a birds-eye view of the data they need to support employers and ultimately respond to injured workers in a timely manner.” icare completed phase one of its OnBase implementation in its workers’ compensation policy processes in April 2017. It has selected workers’ compensation claims processes for phase two, implementing Guidewire ClaimCenter® and OnBase simultaneously. “Utilising the OnBase Ready for Guidewire accelerators for Guidewire InsuranceSuite™, icare staff gain instant access to important information – improving decision-making for its workers’ compensation policies and claims and eliminating the need to search multiple applications, file shares or paper records,” said Ruth Fisk, global director of insurance at Hyland. “We’re looking forward to working with icare to connect information throughout the enterprise and deliver the best service possible to their customers, resulting in getting the injured employee back to work as quickly as possible.” For more information about workers’ compensation and the OnBase integration and accelerators for Guidewire, visit Breaking News - ASX Listed G Medical Signs Binding MOU for US $67.5M for China Distribution 2017-07-27T01:24:14Z breaking-news-asx-listed-g-medical-signs-binding-mou-for-us-67-5m-for-china-distribution ASX Announcement 27 July 2017 G MEDICAL SIGNS BINDING MOU FOR CHINA DISTRIBUTION VALUED AT US$67.5M •Binding MOU signed with Shandong Boletong Information S&T Co. Ltd. •Agreed terms include call centre cooperation and a minimum purchase order of Smartphone Prizmaunits within the first year. •Medical and ancillary support via Nurse and Physician staffed call centres and ‘Cloud’ services. Mobile health and e-health company G Medical Innovations Holdings Ltd (“G Medical” or the “Company”) is pleased to announce it has executed a Binding Memorandum of Understanding (“Agreement”) between its subsidiary G Medical Innovations Asia Limited and Shandong Boletong Information S&T Co. Ltd. (“Boletong”), for the distribution of G Medical’s products and for call centre and ‘Cloud’ services in the People’s Republic of China. G Medical Smartphone Prizma Purchase Order Pursuant to the terms of the Agreement, Boletong has agreed to purchase a minimum quantity of units within the 1st Year of the G Medical Smartphone Prizma, and to provide associated support services for a minimum period of 60 months. Boletong will pay a pre-determined price for each unit, with the value of the agreement based on the minimum commitments being no less than US$67,500,000. The obligation to acquire the units commences on the granting of the CFDA certification to G Medical, which is currently in process. Support Services 1) Medical Services: Pursuant to the terms of the Agreement, Boletong and G Medical will set up a medical call centreproviding support services from 50-60 Nurses and 3-5 General Practising Physicians. Boletong will be responsible for the recruitment of the Nurses and General Practising Physicians, andthe establishment of the call centre. 2) ‘Cloud’ Subscription and Support Services: Pursuant to the terms of the Agreement, Boletong and/or G Medical will provide; a) Automated Cloud algorithm interpretation services, for biomedical signals 20170727_GMV - Binding MOU for China Distribution Page 2 of 3 b )Level 1 services including, Live and/or automated end-user technical support c) Level 2 services including, hardware (device) support, replacement/repairs Marketing and advertising G Medical agreed to contribute an immaterial portion of the per unit price as marketing and investment for Boletong's promotion of the products and services in China, with such payments to be set-off against payment of the purchase orders by Boletong. Non-competition Boletong and its associations are subject to non-competition restraints for the period of the Agreement, and ending five years after its termination (unless G Medical is found by a Court to have breached the Agreement). These non-competition restraints extend to competing with the products or services of G Medical. G Medical CEO Dr. Yacov Geva, commented: “I am extremely pleased to announce yet another significant relationship for G Medical within the ever-growing and lucrative Chinese territory. To have further increased our purchase commitment for our G Medical Smartphone Prizma devices, over and above our existing agreements, is an exceptional outcome with a key partner in Boletong. This adds further to our robust, multi-year revenue stream for the Company, particularly within the first year of a CFDA approval being granted”. “I have met with the executives of Boletong, and whilst in China have visited their facilities and operations. Boletong operates in 16+ provinces and works with the National Public Health care system and acts as a distributor of medical services for the government. Boletong is currently working with several large healthcare organisations such as Wanda, a medical company which is positioned in the top three in their area, and along with telecom carriers such as China Telecom. Boletong is also supported through investment from a large and reputable group in Beijing. Our team, has invested more than 3 months in bringing this MOU to fruition, during which time we were able to satisfy ourselves as to Boletong's strong financial position, their key government partnerships in place, and the ability to deliver all aspects under our agreement.” “This relationship is a significant strategic partnership, allowing the roll out the Company’s medical and ancillary support services within the Chinese territory, for both our professional call centre and Cloud based systems”. Ends Corporate Advisors Otsana Capital 108 Outram Street West Perth WA 6005 Telephone: +61 8 9486 7244 About Shandong Boletong Information S&T Co., Ltd Shandong Boletong Information S&T Co., Ltd. (Boletong) is a hi-tech medical and healthcare company invested by Beijing Honghui Group which has businesses in medicine, investment, drug store automation system and new energy areas, based in China. Boletong focuses on the production and sales of medical devices, membership healthcare management systems and R&D and applications for the National Basic Public Healthcare Project Solution. Boletong is currently one of the top 16 service providers for the national public healthcare system. Boletong is located in Jinan Hi-tech Technology Development Area, Shandong province. Boletong’s website is About G Medical Innovations G Medical (ASX:GMV) was founded in August 2014, aiming to be at the forefront of the digital health revolution, developing the next generation of mobile health (mHealth) technologies. The Company brings forth the experience and expertise of its Board to deliver best-in-class solutions to address this global opportunity. The Company specialises in innovative next generation mobile and e-health solutions and services using its suite of devices and software solutions with a view to driving multiple and recurring revenue streams, across numerous verticals and territories. For more information on G Medical, please visit Gigamon Announces a New Cybersecurity Defender Lifecycle Model 2017-07-26T04:44:59Z gigamon-announces-a-new-cybersecurity-defender-lifecycle-model Gigamon Inc. (NYSE: GIMO), the industry leader in traffic visibility solutions, today introduced a new Defender Lifecycle Model to address the increasing speed, volume and polymorphic nature of network cyber threats. The new model integrates machine learning, artificial intelligence (AI) and security workflow automation to shift control and advantage away from the attacker and back to the defender. Cybersecurity professionals today have come to terms with the inevitability of breaches, and cite two key factors: ·  The speed of data traversing networks leaves insufficient time for decision-making on potential threats. ·       · The continuous growth in the number of attackers and the ecosystem of resources available to break through standard defenses and propagate undetected across most infrastructures. The traditional security focus – instrumenting networks for prevention and concentrating resources on a perimeter is increasingly ineffective in today’s environment. Organisations are hampered by limited visibility, extraordinary costs, growing infrastructure complexity and reliance on manual processes to address incidents. “At 100Gb network speeds, the inter-packet gap of 6.7 nanoseconds surpasses an organisation’s ability to perform intelligent application security, threat detection or inspection,” said Shehzad Merchant, chief technology officer at Gigamon. “Security teams and technology are overwhelmed trying to manage and mitigate an increasing volume and variety of incidents. This machine-to-human fight favors the attacker leaving organisations severely disadvantaged.” The Defender Lifecycle Model, with pervasive visibility into data-in-motion as its foundation, changes this dynamic and shifts to an automated machine-to-machine approach. It utilises a security delivery platform to deliver security services that can learn, detect, predict and contain threats throughout the attack lifecycle. The model integrates machine learning and AI-based technologies, while automating security workflows. With this new model, security professionals can map out the role of various security products, gain a better understanding of overall security readiness and gaps and ultimately, strengthen their organization’s overall security risk posture and efficiencies. “The GigaSECUREÒ Security Delivery Platform provides the network visibility and control required for enterprises to implement the Defender Lifecycle Model,” said Ananda Rajagopal, vice president of products at Gigamon. “The platform provides the intelligence, scale and flexibility to integrate with security tools such as firewalls and intrusion prevention systems to automate and accelerate threat containment and mitigation.” The industry recognizes the need for integrated and automated security architectures. According to Gartner, “Strategies for business continuity and disaster recovery will fundamentally change as enterprise and information are spread everywhere. Continuous visibility and understanding of systems, services, assets and partners is needed as digital business infrastructure will be in a state of constant flux.”1 Gigamon continues to work with ecosystem partners including Cisco, Imperva, RSA and Vectra Networks to build out integrated security architectures that leverage the GigaSECURE Security Delivery Platform. The collaborative model is critical to help enterprises understand how to automate and eliminate human and process bottlenecks to more effectively stay ahead of threats. “Automation is key for organizations to accelerate containment,” said Mike Adler, vice president of product for NetWitness Suite at RSA. “The ability to use security analytics to accurately identify advanced cybersecurity threats then to automatically contain these threats across the entire network is valuable to our joint customers.” “Effective threat hunting and triage requires continuous visibility across the entire attack surface from cloud and data center workloads to user and IoT devices,” said Mike Banic, vice president at Vectra. “With complete network visibility provided by the Gigamon Visibility Platform, Vectra artificial intelligence enables enterprises to scale real-time detection and accelerate responses to cyberattacks.” “Siloed security systems and data cannot accelerate or provide a basis for advanced prevention, detection and remediation activities, nor for process-driven security management,” said Dan Cummins, senior analyst at 451 Research. “To address current threats and unseen risks ahead, organizations need to move towards a unified, collaborative and data-powered security framework that enables shorter cycle times for incident response and resolution while ensuring network performance and business continuity."   1Gartner, Inc., Use a CARTA Strategic Approach to Embrace Digital Business Opportunities in an Era of Advanced Threats, Neil MacDonald, Felix Gaehtgens, May 22, 2017.   Additional Resources “Perspectives on our Defender Lifecycle Model” with Shehzad Merchant blog Defender Lifecycle Model Executive Brief  How to Disrupt the Machine-To-Human Fight: A Defender Lifecycle Model Shifts Control and Advantage Away from the Attacker” white paper Defender Lifecycle Model webinar (VOD) with Shehzad Merchant  About Gigamon Gigamon (NYSE: GIMO) provides active visibility into physical and virtual network traffic, enabling stronger security and superior performance. Gigamon Visibility Fabric™ and GigaSECUREÒ, the industry’s first Security Delivery Platform, deliver advanced intelligence so that security, network, and application performance management solutions in enterprise, government, and service provider networks operate more efficiently and effectively. Learn more at, the Gigamon blog or follow Gigamon on Twitter, LinkedIn or Facebook. See What MattersÔ   # # # Legal Notice Regarding Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements in this press release include, but are not limited to, the potential benefits of the new product offerings and solutions, and goals and expectations regarding future performance and opportunity for the Gigamon Visibility Platform and GigaSECUREÒ technologies and relationships with certain ecosystem partners. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include our ability to continue to deliver and improve our products and general market, political, economic and business conditions. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the period ended December 31, 2016 and most recent Quarterly Report on Form 10-Q. The forward-looking statements in this press release are based on information available to Gigamon as of the date hereof, and Gigamon disclaims any obligation to update any forward-looking statements, except as required by law. ThoughtWorks Releases First-Ever Report on Courageous Leadership Among Successful C-Suite Executives 2017-07-26T00:34:26Z thoughtworks-releases-first-ever-report-on-courageous-leadership-among-successful-c-suite-executives p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial} li.li1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial} span.s1 {font-kerning: none} span.s2 {text-decoration: underline ; font-kerning: none; color: #0563c1} span.s3 {text-decoration: underline ; font-kerning: none} ul.ul1 {list-style-type: disc} ThoughtWorks, a global software consultancy released a first of its kind report, “The Next Big Disruption: Courageous Executives”, revealing what sets top business leaders apart from their competition. The report profiles an elite segment of C-Suite leaders referred to as “Courageous Executives” in the US, the UK, Australia and India and the findings underscore the critical role technology plays in business strategy, from navigating the chaos of digital transformation to how they’re setting their business up for future success. The report also sheds light on the leadership styles of Courageous Executives including their tolerance for risk and failure, their use of customer insights and the ways leaders in all four countries are preparing for the future of work. This report, developed by ThoughtWorks in partnership with research agency Northstar, features insight from Fortune 500 C-Suite executives who are: advocates for digital transformation; have an active role in directing how technology enables their business; have seen their company’s revenue or profit increase significantly due to a recent technology change; and 85 percent of which self-identified as risk takers. “As companies across all industries embrace the changes of our increasingly digital world, we’re seeing leaders at the helm of these companies dive deeper into how technology is implemented and how it works,” said ThoughtWorks President and CEO, Guo Xiao. “I began my time in the industry as a developer, giving me the tools I needed to approach business with a technology first perspective. Executives across the globe are learning that a strong grasp of technology matters and they’re finding ways to adapt. Our findings show that 54 percent of Courageous Executives have developed a deep understanding of technology with a remarkable 57 percent of these leaders reporting having written code,” noted Xiao. "A tenacious commitment to embrace technology is what today sets apart truly Courageous Executives." According to Ange Ferguson, Group Managing Director for ThoughtWorks Asia Pacific, “In this new age of digital disruption, technology is being catapulted closer to the business core and that’s challenging the traditional C-suite. They need to think and behave differently when it comes to the role of technology in their strategy, and to question how they are engaging technology to produce better outcomes for the business. “While capability was once a barrier to what’s possible, now the constraint lies in the willingness of decision makers to be courageous with foundational technologies,” she said. REA, which operates Australia’s leading residential, commercial and share property websites, as well as a number of property portals in Asia and interests in the US and India, credits its impressive growth and success to a culture based on consistent innovation and invention. “The REA business is built around customer delivery, which demands that we work to the same agile rhythm across all levels of the organisation. Visualised work, team stand-ups and collaboration enable the innovation and invention that has become part of our DNA,” said Nigel Dalton, Chief Inventor, REA. “Our competition is global and the landscape is set to change as AirBnB, Facebook, Google, eBay, and WeChat become major players in property over the next few years. We’re embracing the opportunities this creates by focusing our culture of innovation and invention on the technologies that will change how people find property - robotics, virtual reality, augmented reality and data science. “That, along with our diverse backgrounds, creative thinking and scalability, will see us continue to deliver new products and services to market faster than anyone else, and ensure we are the world’s best.” According to the report, notable themes uniting Courageous Executives include: Proactive Approach to Technology Changes According to the report, to keep pace and anticipate future technology shifts, Courageous Executives conduct research, analyze their competitors, troubleshoot tech challenges and hire subject matter experts. A majority of Courageous Executives (65 percent) say that digitizing and adapting to new technology is a top business priority followed by growth. Research – 63 percent of leaders do their own research to stay ahead of technology changes. Top trends they’re exploring include security threats; human and machine interaction; new hardware, software and operational platforms; machine learning and artificial intelligence; virtual reality and augmented reality. Competitor Analysis – In all four countries, big tech decisions are most often fueled by competition. Asked to identify the largest driver motivating change, 47 percent pointed to their competitors. Tolerance for Risk and Willingness to Fail Understanding risks and its impact on ongoing business success is an important characteristic of a Courageous Executive along with the ability to rebound after a perceived failure. Appetite for Risk - In fact, 87 percent of all executives agree that taking risks is necessary to achieve goals and maintain a strong competitive advantage with 62 percent pointing to their willingness to take risks their competitors won’t as a key differentiator. Failing Well - Courageous Executives reported their most common reaction to these setbacks was to focus on what went right with the second being to stay as positive as possible. When asked how failure affected their employees, 54 percent globally said that they believed failure made them even more motivated to succeed. Use of Customer Insights Throughout the world, courageous leaders recognize the necessity of maintaining a close connection to their customers. 91 percent report that customer input directly informs their strategic decision-making. While there is some agreement as to the best methods for gathering that customer input, there’s still a lack of consensus among executives when it comes to what data they’re collecting and who is assessing the insights. Data Source - Overall, the most common source of insight is customer research, followed by social feeds which are monitored by 68 percent of Australian, 60 percent of UK and Indian and only 38 percent of US leaders. Other ways executives gather information includes using analytics from a content management system or implementing a designated customer insights task force. Customer Engagement - Gathering data from multiple sources is universally valued, but 87 percent of executives report having an internal team dedicated to their customers. Additionally, 58 percent of US and 48 percent of Australian executives say they speak to their customers themselves, which is far more than 32 percent in India and 22 percent in the UK. The Future of Work Across continents, nearly half of all courageous leaders describe their company culture as “team-first,” meaning they hire primarily for cultural fit, with skills and experience the second consideration. A third define their company as having an “elite” culture, described as hiring only the best to change the world by untested means. Subject Matter Experts - An overwhelming majority of Courageous Executives (90 percent) emphasized the importance of key hires, stating that discovering subject matter experts and new talents helps their context and credibility and is crucial to success. Tech’s Impact - 70 percent believe that replacing white-collar workers with technology is a natural progression and to be expected. To prepare for the potential impact of technology on the workforce, 87 percent of leaders admit to researching new technologies that may help them save on staff costs. 83 percent also agree that they’re preparing for the impact of technology replacing their workers by limiting new hires to reduce ongoing overhead. To download the report visit Methodology Developed by ThoughtWorks’, this report is based on data collected by Northstar Research Partners from C-Suite executives from Fortune 500 companies with 100 employees or more, 87 percent of whom have occupied their office for at least three years and 79 percent reporting more than $100 million in revenue. The executives are primarily Presidents or Chief Executive Officers, the data also includes insights from the full C-suite including CIOs, CMOs, COOs, CTOs from a variety of industries from finance and retail to healthcare and manufacturing and more. About ThoughtWorks We are a software company and community of passionate purpose-led individuals. We think disruptively to deliver technology to address our clients' toughest challenges all while seeking to revolutionize the IT industry and create positive social change. Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 2017 Financial Results 2017-07-26T00:06:50Z seagate-technology-reports-fiscal-fourth-quarter-and-fiscal-year-2017-financial-results CUPERTINO, CA – July 25, 2017 – Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the quarter and fiscal year ended June 30, 2017. For the fourth quarter, the Company reported revenue of $2.4 billion, gross margin of 27.7%, net income of $114 million and diluted earnings per share of $0.38. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 28.9%, net income of $192 million and diluted earnings per share of $0.65. During the fourth quarter, the Company generated $243 million in cash flow from operations and returned approximately $400 million to shareholders in the form of dividends and share repurchases. For the fiscal year ended June 30, 2017, the Company reported revenue of $10.8 billion, gross margin of 29.5%, net income of $772 million and diluted earnings per share of $2.58. On a non-GAAP basis, Seagate reported gross margin of 30.5%, net income of $1.2 billion and diluted earnings per share of $4.12. In fiscal year 2017, the Company generated approximately $1.9 billion in cash flow from operations and returned 53% of that to shareholders in cash dividends of $561 million and share repurchases of 12.1 million ordinary shares for $460 million. Seagate’s balance sheet remains healthy and during the fiscal year the Company successfully raised $1.25 billion in investment-grade debt and repurchased and redeemed approximately $316 million of outstanding debt. Cash and cash equivalents totaled approximately $2.5 billion at the end of the fiscal year. There were 292 million ordinary shares issued and outstanding as of the end of the fiscal year. “The results of our performance this fiscal year reflect improved year-over-year profitability of our storage product portfolio and business operations,” said Steve Luczo, Seagate’s chairman and chief executive officer. “Although the near-term dynamics of technology shifts present demand variations for the storage industry from time to time, we continue to see growing storage demand in the long-run driven by the proliferation of data growth from new technologies, emerging industries, and growing businesses. We believe we have the vision, products, technology and experience to ensure our long-term success and shareholder value.” For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables. Seagate has issued a Supplemental Financial Information document, which is available on Seagate’s Investors Relations website at Quarterly Cash Dividend The Board of Directors of the Company (the “Board”) has approved a quarterly cash dividend of $0.63 per share, which will be payable on October 4, 2017 to shareholders of record as of the close of business on September 20, 2017. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board. Investor Communications Seagate management will hold a public webcast today at 6:00 a.m. Pacific Time that can be accessed on its Investor Relations website at During today’s webcast, the Company will provide an outlook for its first fiscal quarter of 2018, including key underlying assumptions. An archived audio webcast of this event will be available on Seagate’s Investors Relations website at shortly following the event conclusion. About Seagate To learn more about the Company’s products and services, visit and follow us on Twitter, Facebook, LinkedIn, Spiceworks, YouTube and subscribe to our blog. The contents of our website and social media channels are not a part of this release. For full financial results please visit Seagate's website Media Contact: Einsteinz Communications Pru Quinlan +61 2 8905 0995 Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, including, in particular, statements about the Company’s plans, strategies and prospects, financial projections, estimates of industry growth, market demand, shifts in technology and dividend issuance plans for the fiscal quarter ending September 29, 2017 and beyond. These statements identify prospective information and may include words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “should,” “may,” “will,” or the negative of these words, variations of these words and comparable terminology. These forward-looking statements are based on information available to the Company as of the date of this report and are based on management’s current views and assumptions. These forward-looking statements are conditioned upon and also involve a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance or events to differ materially from those anticipated by these forward-looking statements. Such risks, uncertainties, and other factors may be beyond the Company’s control and may pose a risk to the Company’s operating and financial condition. Such risks and uncertainties include, but are not limited to: items that may be identified during its financial statement closing process that cause adjustments to the estimates included in this report; the uncertainty in global economic conditions; the impact of the variable demand and adverse pricing environment for disk drives; the Company’s ability to successfully qualify, manufacture and sell its disk drive products in increasing volumes on a cost-effective basis and with acceptable quality; the impact of competitive product announcements; the Company’s ability to achieve projected cost savings in connection with restructuring plans; possible excess industry supply with respect to particular disk drive products; disruptions to its supply chain or production capabilities; unexpected advances in competing technologies or changes in market trends; the development and introduction of products based on new technologies and expansion into new data storage markets; the Company’s ability to comply with certain covenants in its credit facilities with respect to financial ratios and financial condition tests; currency fluctuations that may impact the Company’s margins and international sales; cyber-attacks or other data breaches that disrupt the Company’s operations or results in the dissemination of proprietary or confidential information and cause reputational harm; and fluctuations in interest rates. Information concerning risks, uncertainties and other factors that could cause results to differ materially from the expectations described in this press release is contained in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on August 5, 2016, the “Risk Factors” section of which is incorporated into this press release by reference, and other documents filed with or furnished to the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made. The inclusion of Seagate’s website address in this press release is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, Seagate’s website and social media channels are not part of this press release. Use of non-GAAP financial information The Company uses non-GAAP measures of adjusted revenue, gross margin, net income, diluted earnings per share and operating expenses which are adjusted from results based on GAAP to exclude certain expenses, gains and losses. These non-GAAP financial measures may be provided to enhance the user’s overall understanding of the Company’s current financial performance and its prospects for the future. Specifically, the Company believes non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that it believes are not indicative of its core operating results and because it is similar to the approach used in connection with the financial models and estimates published by financial analysts who follow the Company. These non-GAAP results are some of the primary measurements management uses to assess the Company’s performance, allocate resources and plan for future periods. Reported non-GAAP results should only be considered as supplemental to results prepared in accordance with GAAP, and not considered as a substitute for, or superior to, GAAP results. These non-GAAP measures may differ from the non-GAAP measures reported by other companies in its industry.