Tech News
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Apigee Launches the First Intelligent API Security Product to Help Safeguard Businesses From Cyber Threats in an Increasingly Interconnected World
Published: Tuesday, October 13, 2015 | By: GlobalNewswireSAN JOSE, Calif., Oct. 13, 2015 (GLOBE NEWSWIRE) -- I Love APIs 2015 — Apigee® (NASDAQ:APIC), developer of an intelligent API platform for digital business, today released Apigee Sense, new software that represents the industry’s first intelligent API security product. Apigee Sense is a data-driven security solution that leverages a high volume of API call data and predictive analytics to continually and proactively identify bad “bots” – the automated software programs deployed over the Internet for malicious purposes like identity theft. Apigee Sense software uses sophisticated machine learning to intelligently improve security as bad bots evolve; it extends the security capabilities of the Apigee Edge API management platform.
Apigee Sense is designed to help protect organizations from the cyber security threats that stem from the proliferation of API-powered, internet-connected devices and enterprise systems. Recent research has shown that bots accounted for almost 60 percent of all website traffic in 2014, and 23 percent were malicious in nature1.
“APIs deliver the data and information powering our hyper-connected world, so protecting APIs from cyber threats is key for safeguarding data,” said Chet Kapoor, Apigee CEO.
“Apigee customers have processed hundreds of billions of API calls through our platform in the past year to deliver rich digital experiences to their users,” he continued. “Apigee Sense delivers a new kind of API security that combines that API call volume with predictive analytics to quickly identify patterns for potentially malicious bots and then – most importantly -- it learns and adapts as these bots evolve.”
The number of active wireless connected devices has been forecasted to balloon from 16 billion in 2014 to over 40 billion in 20202. With business-critical functions shifting to connected devices, enterprises are discovering new ways to innovate and grow. However, these new opportunities are also giving rise to new vulnerabilities. Cyber-attacks are inflicting damage to enterprises in the form of operational disruption, intellectual property loss, brand reputation and financial fraud. The annual cost of cybercrime to the global economy has been estimated at $400 billion3.
The new Apigee Sense software uses sophisticated bot detection algorithms built on predictive analytics and anomaly detection techniques aimed at distinguishing good bots and humans from the bad bots; potentially bad bots are then automatically identified and can be blocked by the customer from engaging in malicious activities on customers’ applications. New capabilities include:
- Data-Driven Risk Models - Apigee Sense software includes a set of data-driven risk models that monitor billions of API calls in the Apigee Cloud, identify transaction anomalies, uncover hidden bot patterns and attacks, and provide insights for counter measures and investigation support. The risk models are powered by a high volume of API call data, machine learning algorithms and predictive analytics to continually adapt to threats.
- Advanced Security Analytics - Apigee Sense software presents the customer with visual dashboards that illustrate security analytics including bot traffic, bot activities and trends, and customized bot analytics based on a customer’s traffic profile. Using the customizable, browser-based interface, customer security analysts can quickly be notified of potentially bad bots and focus on counter measures.
- Automated Risk Mitigation - An API firewall engine identifies requests originating from potentially bad bots and can take appropriate counter-measures to immediately mitigate threats. Protective actions available to the customer include blocking, throttling, and ensnaring bots.
APIs are programming instructions that enable software applications to exchange data and “talk” to other applications; behind every mobile app, smart device and connected experience sits at least one API. The Apigee Edge API management platform enables organizations to securely deliver and manage APIs, with agility and at scale. Apigee Sense software extends the API security and governance features already available in the Apigee Edge platform.
Availability
Apigee Sense software is available immediately; it works with the Apigee Edge API management platform. More information about Apigee Sense can be found here.
API Security Best Practices at “I Love APIs” 2015
The 2015 “I Love APIs” conference, October 12-14 in San Jose, will feature sessions about how to protect your enterprise and safeguard privacy in today’s interconnected digital world, such as “Managing Identities in the world of APIs”, “Privacy in the world of Apps, Devices and Things,” “Securing the API Lifecycle”, “Protecting your APIs from Mobile Threats,” and “Data Driven Security.”
About Apigee
Apigee® (NASDAQ:APIC) provides an intelligent API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 23 of the Fortune 100, six of the top 10 Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California and has over 400 employees worldwide.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding planned product releases, the expected performance and capabilities of Apigee’s products and services and their potential customer impact. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital and security technologies, the ability of Apigee’s software to meet its customers’ needs, our ability to introduce new products successfully, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.
The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Form 10-Q filed with the SEC on June 11, 2015. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Connect with Apigee
Apigee blog: http://apigee.com/about/blog
Apigee community: https://community.apigee.com/
Twitter: https://twitter.com/Apigee
LinkedIn: https://www.linkedin.com/company/apigeeApigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.
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1 http://time.com/3899612/internet-bots/
2 https://www.abiresearch.com/press/the-internet-of-things-will-drive-wireless-connect/
3 http://www.mcafee.com/us/resources/reports/rp-economic-impact-cybercrime2.pdfCONTACT: Media Contact:Mark Wheelerpress@apigee.com615.516.6147Investor Contact:Kevin Faulknerir@apigee.com408.816.1658
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Digital Signage Provider, Industry Weapon, Announces Collaboration with Google in Upcoming Webinar
Published: Tuesday, October 13, 2015 | By: GlobalNewswirePITTSBURGH, PA., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Industry Weapon, experts in simplifying and advancing the applications of digital signage, announced support for Google's Chrome Devices. Industry Weapon's line of Google streaming media players complements their portfolio of traditional caching devices. To make deployments even easier, the Chrome Device can be configured to Industries Weapon specs without requiring traditional device imaging.
"We're excited about our new relationship with Google. Chrome Devices are affordable, have a small form factor, and take no time to get content up and running."
- William Chufo, CIO, Industry Weapon
The Google Chrome Devices hit a sweet spot in the digital signage market as media players become less expensive and smaller in build. Its lightweight, compact size makes it more versatile than its larger counterparts. However, both size and price have no effect on its capabilities.
Google Chrome Devices will enable Industry Weapon users the same abilities they get from their existing media players which include designing, scheduling, and publishing multimedia content to digital signs. Industry Weapon's SaaS platform, CommandCenterHD, is a content management platform that features automated data integrations protected by a secure hybrid-cloud infrastructure. Industry Weapon differentiates itself by delivering unparalleled security features, backed by PCI compliancy and SOC 2 Auditing standards.
To learn more about the partnership, the companies are hosting a joint webinar on October 28th at 2 pm Eastern Time. You can register to attend the webinar here.
About Industry WeaponIndustry Weapon (www.industryweapon.com), a digital media company, specializes in simplifying and advancing the applications of digital signage. The SaaS solution enables subscribers to design, schedule and publish multimedia content and integrated data sources to screens, kiosks, tablets and mobile devices. Their solution is suited for all industries and includes 24/7 free support and training along with design and creative services.
For additional information please email Industry Weapon at press@industryweapon.com
Or call 1-877-344-8450
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Nexant Executive to Speak at National Summit on Smart Grid & Climate Change
Published: Tuesday, October 13, 2015 | By: GlobalNewswireSAN FRANCISCO, CALIF., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Nexant Senior Vice President of Utility Services, Mike Sullivan, will speak on a panel discussion at the National Summit on Smart Grid & Climate Change being held this week in Washington, D.C. Sullivan will join industry experts on the "Smart Grid and Adaptation" panel, a discussion of the impacts of the EPA Clean Power Plan (CPP) on electricity reliability from different points of view on the grid.
Sullivan will be joined on the panel by several other utility industry leaders including moderator Lori Singleton, Director Emerging Customer Programs – Solar, Sustainability and Telecom, Salt River Project; Tom Bialek, Chief Engineer, Smart Grid Integration Team, San Diego Gas & Electric; and Jeff Burleson, VP of System Planning, Southern Company Southern Company.
At Nexant, Sullivan is SVP, Utility Services and has more than 30 years of utility industry consulting experience directing strategic planning, economic analysis, statistical surveying, research design and DSM program evaluation projects. He co-leads Nexant's Customer Strategy, Planning and Analysis practice focused on designing, implementing and evaluating demand response and energy efficiency programs. Sullivan is an expert in estimating energy savings resulting from behavioral interventions and feedback devices and economic benefits resulting from transmission and distribution system investments, such as smart grid and advanced metering.
About the National Summit on Smart Grid & Climate ChangeThe 2nd Annual National Summit on Smart Grid & Climate Change, to be held October 13-14, 2015 in Washington, D.C., will bring together policymakers, utilities, technology companies and a wide variety of environmental and energy stakeholders to address the role of smart grid technologies and practices in mitigating and adapting to climate change. Learn more at smartgridclimatechange.org.
About NexantNexant is a global software and services company that helps utilities navigate a changing landscape and enable the implementation of smart grid, clean energy and demand management initiatives. Nexant solutions help utilities embrace a customer-centric model that aligns strategic planning, grid operations and demand side management to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. See nexant.com for more.
CONTACT: Media Contact Heatheryn Higgins, Nexant Director of Communications +1.303.998.2474 hhiggins@nexant.com
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COPsync Announces 1-for 50 Reverse Stock Split
Published: Tuesday, October 13, 2015 | By: GlobalNewswireDallas, Oct. 13, 2015 (GLOBE NEWSWIRE) -- COPsync, Inc. (OTCQB: COYN), which operates the nation's only law enforcement in-car information sharing and communication network and the COPsync911 threat alert service for schools, government buildings, hospitals and other potentially at-risk facilities, announced a 1-for-50 reverse split of its common stock that was effective at 12:01 A.M. on Wednesday, October 14, 2015, with a simultaneous record date, and in effect at the opening of trading on the OTCQB tier of the OTC Markets on Wednesday, October 14, 2015. The reverse stock split was approved by the company's shareholders by written consent on July 7, 2015 and the specific ratio was subsequently determined at a meeting of the company's Board of Directors on September 9, 2015.
The reverse stock split was implemented to help the company become eligible for listing on The NASDAQ Capital Market ("NASDAQ"). The company has applied for listing on NASDAQ because it expects that the listing will broaden the company's shareholder base to include more institutional investors and larger retail investors and also improve liquidity in the company's securities. The company can provide no assurance, however, that the up-listing will be approved and, even if approved, that the expected benefits of up-listing will be realized.
At the effective time of the reverse stock split, every 50 shares of the company's common stock will be converted into one newly issued share of the company's common stock, without any change in the par value per share.
The reverse stock split will reduce the number of shares of the company's outstanding common stock from 208,588,818 to approximately 4,171,806 shares. Proportional adjustments will be made to the company's outstanding stock options and outstanding warrants. The number of authorized shares of the company's common stock will remain at 500,000,000 shares.
Each holder who otherwise would have been entitled to receive a fractional share as a result of the reverse stock split shall receive an additional share of common stock.
Holders of shares of common stock held in book-entry form or through a bank, broker or other nominee do not need to take any action in connection with the reverse split, and will see the impact of the reverse split automatically reflected in their accounts. Beneficial holders may contact their bank, broker or nominee for more information. Holders of shares in certificate form or a combination of certificate and book-entry form do not need to take any action to exchange their stock certificates. Stockholders may continue to make sales or transfers using their old stock certificates. Upon request, we will issue new certificates to anyone who holds old stock certificates in exchange therefor.
Additional information about the reverse stock split can be found in the company's definitive information statement filed on Schedule 14C with the Securities and Exchange Commission on August 5, 2015, a copy of which is available at www.sec.gov.
About COPsync
COPsync, Inc. (OTCQB: COYN) is a technology company that improves communication between and among law enforcement officers and agencies from differing jurisdictions to help them prevent and respond more quickly to crime. The COPsync Network connects law enforcement officers and agencies to a common communications system, which gives officers instant access to actionable, mission-critical data and enables them to share information and communicate in real-time with other officers and agencies, even those hundreds and thousands of miles away. The Network's companion, COPsync911 threat alert system, enables schools, courts, hospitals, government buildings, energy, telecommunications and other potentially at-risk facilities to automatically and silently send threat alerts directly to local law enforcement officers in their patrol cars in the event of a crisis, thereby speeding first responder response times and saving minutes when seconds count. The COPsync Network saves officer and citizen lives, reduces unsolved crimes and assists in apprehending criminals and interdicting criminal behavior -- through such features as a nationwide officer safety alert system, GPS/auto vehicle location and distance-based alerts for crimes in progress, such as school crisis situations, child abductions, bank robberies and police pursuits. The COPsync Network also eliminates manual processes and increases officer productivity by enabling officers to electronically write tickets, accident reports, DUI forms, arrest forms and incident and offense reports. The company also sells VidTac(R), an in-vehicle, software-driven video system for law enforcement. Visit www.copsync.com and www.copsync911.com for more information.
Statements in this release that are not purely historical facts or that depend upon future events, including statements about forecasts of earnings, revenue, product development, sales or other statements about anticipations, beliefs, expectations, intentions, plans or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Examples of such forward-looking statements include, without limitation, "…because it expects that the listing will broaden the company's shareholder base to include more institutional investors and larger retail investors and also improve liquidity in the company's securities." Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based on information available to the Company on the date this release was issued. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the Company's ability to obtain and retain customers and development, implementation and acceptance of its products and services. The Company may not succeed in adequately addressing and managing these and other risks. Further information regarding factors that could affect the Company's financial, operating and other results can be found in the risk factors section of the Company's filing on Form 10-K for 2014 and other filings the Company may make with the Securities and Exchange Commission from time-to-time.
CONTACT: Contact: Ronald A. Woessner Dian Griesel Int'l Chief Executive Officer Susan Forman 972-865-6192 212-825-3210 invest@copsync.com sforman@dgicomm.com
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Target Analytics Launches New Specialized Fundraising Solutions
Published: Tuesday, October 13, 2015 | By: GlobalNewswireCHARLESTON, S.C., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Target Analytics, a division of Blackbaud, Inc. (NASDAQ:BLKB), today announced the availability of its Grateful Patient Healthcare solution, designed for patient populations, and Very Important Patron (VIP) solution, specific to arts & cultural visitor and ticket buyer populations, enabling rapid identification of donor prospects for annual gift and major gift fundraising appeals.
“Both healthcare and arts & cultural organizations have diverse daily visitors, all of which are meaningfully engaged in an experiential event, but only a select number have the likelihood and capacity to honor that experience with a philanthropic gift,” said Richard Becker, president of Blackbaud Target Analytics. “Our new screening solutions enable both healthcare and arts and cultural organizations to identify annual and major gift fundraising prospects when visitors are meaningfully engaged with their organization, increasing fundraising opportunity identification, effectiveness and donor conversion.”
Target Analytics’ Grateful Patient Healthcare solution
Healthcare organizations create grateful patients on a daily basis, and many of these grateful patients possess philanthropic characteristics that make them prime candidates for an annual or major gift. With Target Analytics’ Grateful Patient Healthcare solution, healthcare organizations can screen lists of in-patient and out-patient files within minutes, obtaining information that identifies and prioritizes donor prospects from recent patient populations, along with intelligence that influences donor prospect engagement, whether that engagement is via direct marketing or face-to-face.“The healthcare bundle is having a major impact on our daily processes and, more specifically, refining our Grateful Patient program. Our development officers are more fully equipped to meet their day-to-day and annual goals,” said Cherie Menke, system development data coordinator for UCHealth.
Target Analytics’ Very Important Patron (VIP) Solution
Arts & cultural organizations engage patrons with performances, exhibitions, and events, providing them culturally rich learning and life experiences. Many of these patrons have demonstrated philanthropic behaviors and wealth characteristics that make them uniquely qualified to give an annual or major gift. With Target Analytics’ Very Important Patron (VIP) solution, arts & cultural organizations can screen lists of visitors and participants within minutes, obtaining key data that enables the identification and prioritization of donor prospects, along with information that enables a timely direct marketing or major gift fundraising strategy.“By far - Target Analytics gives us the best results, and better accuracy in matching donors with the wealth information available,” said Candace Chesler, Blackbaud Database Manager at Bernard Zell Anshe Emet.
Target Analytics, a division of Blackbaud Inc., offers data and analytic driven solutions to over 7,000 nonprofit clients, enabling nonprofits’ direct marketing fundraising, donor prospect research, major gift fundraising, data health, and fundraising performance measurement. For more information about its Grateful Patient Healthcare solution, visit www.blackbaud.com/gratefulhealthcare and to learn more about its Very Important Patron (VIP) solution, visit www.blackbaud.com/culturalscreening.
About Blackbaud
Serving the worldwide philanthropic community for more than 30 years, Blackbaud (NASDAQ:BLKB) combines innovative software and services, and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to power the passions of more than 30,000 clients, including nonprofits, K-12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Blackbaud's portfolio of software and services support nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, and education. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland and the United Kingdom. For more information, visit www.blackbaud.com.Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding the introduction of new products and product features, as well as the expected benefits of the new products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.CONTACT: Media ContactNicole McGouganPublic Relations843.654.3307nicole.mcgougan@blackbaud.com
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Healthcare Providers Across the U.S. Select Allscripts to Establish Chronic Care Management Programs and Accountable Care Organizations
Published: Tuesday, October 13, 2015 | By: GlobalNewswireCHICAGO, Oct. 13, 2015 (GLOBE NEWSWIRE) -- Several physicians practices and organizations recently selected Allscripts (Nasdaq:MDRX) to create or bolster their population health strategies. These providers want to provide better ongoing management of patients with chronic diseases and form accountable care organizations (ACOs) to facilitate value-based care and reimbursement models.
Helping Patients with Chronic Conditions
For individuals who suffer from two or more chronic diseases, proactive care coordination can improve patient outcomes. The Allscripts Chronic Care Management (CCM) Program features services to assist care providers in reducing the complexity of caring for chronic patients, including creation of a care plan, medication reconciliation, scheduling of preventive care services and patient outreach.
Heart and Vascular Center of Lake County, in Gurnee, Ill., selected Allscripts to start an independently managed CCM program that enables the practice to proactively set a long-term strategy for patient engagement and overall health improvements. Joliet Doctors, in Joliet Ill., will use Allscripts CCM Program to improve overall care for patients who use temporary nursing home care without adding to the workload of their staff.
Other practices that have selected the Allscripts CCM Program include Santa Ynez Valley Medical Associates, in Solvang, Ca. and Frischer Medical Group, in Downey, Ca.
Shifting to Value-based Care with ACOs
The formation of ACOs enables healthcare practices to participate in value-based care and reimbursement models. Allscripts leverages the Value-based Care Services to assist physician organizations with the full lifecycle of an ACO, including the application process, formation of the ACO and ongoing management and analysis.
The Southern New Hampshire Primary Care IPA, in Londonberry, NH, worked with the Allscripts Value-based Care team to navigate the complex process of applying for an ACO. The IPA is also using Allscripts analytics services to drive better outcomes and reduce costs which can improve the health of their patient population.
"Allscripts works closely with healthcare governing bodies and providers to deliver solutions that address the industry's changing patient care and payment models," said Steve Lalonde, senior vice president and general manager, Professional Physicians Business, Allscripts. "We enable our clients to stay focused on improving patient care and participate in new reimbursement models by combining health information technology services and expert advisory services and analytics."
About Allscripts
Allscripts (NASDAQ:MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.
© 2015 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.
Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.
CONTACT: Investors: Seth Frank 312-506-1213 seth.frank@allscripts.com Media: Concetta DiFranco 312-447-2466 concetta.difranco@allscripts.com
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Amdocs Expands NFV Offering With Amdocs Service Design and Create, Spurring Rapid Innovation in Virtual and Hybrid Networks
Published: Tuesday, October 13, 2015 | By: GlobalNewswireNew research predicts major first-mover advantage for service providers using virtual customer premise equipment (vCPE) solutions: up to $1.4 billion in new revenue and 79 percent order-to-cash cost reduction per site1
ST. LOUIS , Oct. 13, 2015 (GLOBE NEWSWIRE) -- Amdocs (NASDAQ:DOX), the leading provider of customer experience solutions, today announced Amdocs Service Design and Create, a new network functions virtualization/software-defined networking (NFV/SDN) solution that allows service providers to achieve service agility by enabling the design, testing and launching of new network services in weeks rather than months2 and meet the expectations of today's customers, influenced by the pace of over-the-top (OTT) providers' service innovation.
Amdocs Service Design and Create overcomes the manual, time-consuming and resource-intensive service development process that today is a barrier to service innovation. With resource and service creation automation capabilities, the new solution shortens the service development lifecycle and reduces engineering and IT costs, automating the complete service development process – spanning service modeling, test and de-bugging, packaging and distribution – with an intuitive drag-and-drop interface and modular, reusable components.
Underscoring the strong market opportunity for agile software-powered networks, Amdocs also today announced new commissioned research from Analysys Mason that provides the industry's first detailed analysis of the benefits that NFV/SDN can deliver for "first mover" service providers: up to $1.4 billion in new revenues, and a 79 percent improvement in order-to-cash (O2C) per-site per year for enterprise virtual customer premises equipment (vCPE) – a most promising NFV/SDN use case2.
"Our working hypothesis for this project was NFV and SDN are disruptive technologies that, if properly operationalized with OSS automation and self-service customer empowerment, will drive service agility and cost savings, which indeed the research proved," said Glen Ragoonanan of Analysys Mason and report co-author. "But interestingly, we found that vCPE-enabled services solution is a revolutionary opportunity for first-mover fixed-line service providers, provided they reach their critical mass ̶ 50 percent for residential and 40 percent for enterprise ̶ for vCPE customer migration."
The new research, drawing heavily on data from North American and European tier-1 service providers, investigates the key financial impacts of NFV in two areas which will be among its first commercial deployments: enterprise vCPE and residential set-top-box replacement (vSTB).
Key findings:
- Enterprise vCPE: service providers with first-mover advantage stand to realize up to a 5 percent annual revenue increase, resulting from increased revenues (of $1.4 billion over the investment period) from upsell/cross-selling of new and existing NFV/SDN services and a 79 percent O2C cost reduction per customer site, per year, due to OSS automation and customer self-provisioning.
- Residential vCPE/vSTB: service providers with first-mover advantage stand to realize up to 82 percent cost savings per home from the adoption of vCPE-enabled services, where high cost savings (up to $1.34 billion net cost savings over the investment period) can protect revenue margins from competitive price wars, as well as fund digital-home investments and generate new strategic residential revenue streams, and provide a $655 million increase in revenues from faster upsells of double-play to triple-play services.
"Service providers moving to NFV need to be aware that it's not enough to simply deploy an NFV orchestrator to manage their hybrid physical and virtual network services," said Ann Hatchell, head of network marketing at Amdocs. "As this new research makes clear, to reap maximum benefit, they must also bring a new stream of services into the mix faster and at lower cost, which is exactly what this new solution helps to enable. Amdocs Service Design and Create enables agile OSS that moves our customers one step closer to The New World of Customer Experience, an era where service providers are expected to offer innovative and personalized services, brought to market quickly and delivered via agile software-powered networks."
Amdocs offers a comprehensive NFV portfolio including Amdocs Network Cloud Service Orchestrator (NCSO), an NFV orchestration solution, and a number of virtual network functions (VNFs).
1Analysys Mason white paper, "vCPE services business case: potentially billions of dollars payback for fixed CSPs" by Glen Ragoonanan and Gorkem Yigit, Analysys Mason; October 2015.
2Results from Amdocs internal testing. Commercial results may vary.
Supporting Resources
- Read more on NFV ready OSS
- Learn more about Amdocs NFV solutions and CES portfolio
- Keep up with Amdocs news by visiting the company's website
- Subscribe to Amdocs' RSS Feed and follow us on Twitter, Facebook, Google+, LinkedIn and YouTube
About Amdocs
Amdocs is the market leader in customer experience software solutions and services for the world's largest communications, entertainment and media service providers. Its portfolio powers The New World of Customer Experience™, where a wide array of innovative and personalized services are delivered seamlessly to end users, regardless of device or network. For more than 30 years, Amdocs solutions, which include BSS, OSS, network control and optimization, coupled with professional and managed services, have accelerated business value for its customers by streamlining complex operating environments, reducing costs and speeding time to market for new products and services. Amdocs and its more than 24,000 employees serve customers in over 90 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.6 billion in fiscal 2014.
Amdocs: Embrace Challenge, Experience Success.
For more information, visit Amdocs at www.amdocs.com.
Amdocs' Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2014 filed on December 8, 2014 and our quarterly 6-K form furnished on February 9, May 11 and August 10, 2015.
CONTACT: Media Contact: Sara Preto Fusion PR for Amdocs Tel: +1-212-651-4214 E-Mail: sara.preto@fusionpr.com
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ACS Industries Selects IntelliChief to Automate Document Capture and Business Process Workflow
Published: Monday, October 12, 2015 | By: GlobalNewswireTAMPA, Fla., Oct. 12, 2015 (GLOBE NEWSWIRE) -- IntelliChief, LLC, a provider of enterprise-class automated document management and workflow solutions, announces manufacturer ACS Industries has selected IntelliChief for ERP-integrated document capture and business process workflow automation abilities, to enhance interdepartmental collaborations and approvals, and achieve associated cost savings.
IntelliChief's Paperless Process Management software (PPM), an advancement of enterprise content management, provides a smooth transition from costly manual document management and workflow functions. It enables users to capture documentation in any format, index the contents and validate with data in their enterprise resource planning system (ERP) or Line of Business application, for lifecycle-managing all related documentation, and facilitating an optimized interdepartmental processes workflow. Areas of use include Accounting (purchase-to-pay and order-to-cash), Finance, Customer Service, Human Resources, Legal, Operations and other paper and process-intensive departments, supporting process time and cost savings throughout organizations.
For IntelliChief information, request a demo or visit www.IntelliChief.com.
About IntelliChief, LLC
IntelliChief's Paperless Process Management provides enterprise-class business processes document management and workflow automation solutions for any IT platform. With decades of expertise in the market and seamless integration with leading enterprise resource planning (ERP) systems, IntelliChief takes companies of all sizes paperless with a typical ROI of less than one year. Users can create, capture, manage, archive, retrieve and distribute mission-critical documents directly from their familiar ERP screens, automating and streamlining business processes workflow throughout their organization. www.intellichief.com.CONTACT:IntelliChief, LLC Tim Nissen Marketing Manager tnissen@intellichief.com (813) 971-9500 x335
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UNC Health Care System Selects Lexmark Vendor Neutral Archive, Image Viewing and Mobile Image Capture Solutions
Published: Monday, October 12, 2015 | By: GlobalNewswireLEXINGTON, KY., Oct. 12, 2015 (GLOBE NEWSWIRE) -- News Facts
- Lexmark announces that North Carolina-based UNC Health Care System (UNC HCS) will deploy the Lexmark Vendor Neutral Archive (VNA), NilReadTM Enterprise Viewer and PACS ScanTM Mobile solutions at all of its locations to meet diverse image and content management needs, including clinician workflow requirements and integration with the organization's core patient electronic medical record (EMR) system. UNC HCS produces approximately 1.3 million DICOM studies annually.
- A consolidated, VNA-based medical image repository and integrated common enterprise viewing solution, will support the UNC HCS vision of "one patient, one chart, one image repository," unifying all medical images and content for access from within the EMR and providing clinicians with faster, easier access to images for improved patient care decision-making.
- In addition to serving as a single enterprise repository layer for tiered storage and long-term retention of all medical images, Lexmark VNA will function as UNC HCS's primary imaging workflow engine and life cycle management solution. Lexmark VNA will be the source of medical images and content for Lexmark NilRead, a Web-based image viewing solution for UNC HCS physicians.
- The Lexmark NilRead Viewer is expected to help UNC HCS referring physicians and diagnosticians work together more effectively to treat patients without the constraints of service line or facility silos, accessing and interacting with images and reports for all patient images in a single view. The zero-footprint design of NilRead enables large files to be delivered from the Lexmark VNA to local clinician workstations without download wait times.
- Visible light images, captured by UNC HCS medical devices and smart phones with the aid of Lexmark's PACS Scan Mobile solution, will be archived and managed by the Lexmark VNA using the Cross-Enterprise Document Sharing (XDS) interoperability specification. PACS Scan Mobile leverages the mobile devices healthcare organizations are already using to route content into core systems.
- The initial Lexmark VNA implementation services will include migration of 5.4 million existing medical studies with another 6.0 million studies to be migrated by the UNC HCS team. These images are currently held in multiple radiology and cardiology picture archiving and communication systems (PACS) across UNC HCS facilities.
- Deployed via an on-premise, cloud or hybrid model, Lexmark VNA is an intelligent storage layer that manages information across departments and healthcare organizations. Using open standards and scalable storage technology, it provides interoperability and "liquidity" of healthcare content, including secure access to documents, medical images and other patient-related information from within a patient's "healthcare jacket". Lexmark VNA is federated, HDO-owned and centrally managed.
- Lexmark enterprise image connectivity solutions are used by half of all U.S. hospitals.
- One hundred percent of U.S.-based HIMSS Stage 7 healthcare systems use Lexmark products and solutions.
Supporting Quotes
"A large portion of medical images and other relevant content at UNC Health Care resides outside of our EMR system," said Vineeta Khemani, Executive Director, Clinical Systems and Enterprise Architecture, UNC Health Care System. "The Lexmark VNA, NilRead Viewer and PACS Scan solutions will be part of our enterprise strategy to provide greater interoperability of patient content and extend our 'One Patient, One Chart' EMR vision to also include 'One Image Repository.' Our goal is to make sure physicians have all the information they need at the point of care without navigating through multiple systems to find it. The Lexmark healthcare content management approach gives us flexibility for the future."
"We're changing the way healthcare enterprises manage medical images and other content," said Reynolds C. Bish, vice president, Lexmark and president, Enterprise Software. "Lexmark healthcare solutions allow physicians and business users to improve the workflows that make healthcare delivery more efficient, providing quick access to the information needed to make better informed decisions that impact patient care."
Supporting Resources- Explore Lexmark healthcare solutions
- Read InContext healthcare news and trends
- Stay in touch with Lexmark Healthcare on LinkedIn
About UNC Health Care System
UNC Health Care is a not-for-profit integrated health care system owned by the state of North Carolina and based in Chapel Hill. Originally established Nov. 1, 1998, by N.C.G.S. 116-37, UNC Health Care currently comprises UNC Hospitals and its provider network, the clinical programs of the UNC School of Medicine, and seven affiliate hospitals and hospital systems across the state. For more information, visit www.unchealthcare.org.
About LexmarkLexmark (NYSE:LXK) creates enterprise software, hardware and services that remove the inefficiencies of information silos and disconnected processes, connecting people to the information they need at the moment they need it. Open the possibilities at www.Lexmark.com.
Lexmark, the Lexmark logo and Open the possibilities are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.CONTACT: Investor Contact: John Morgan (859) 232-5568 jmorgan@lexmark.com Media Contact: Jeremy McNeive (913) 227-6090 Jeremy.mcneive@lexmark.com Media Contact: Mark Bowen (205) 447-3115 Mark.bowen@lexmark.com
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King Faisal Specialist Hospital & Research Centre Achieves Highest Level of Health Care IT Adoption
Published: Monday, October 12, 2015 | By: GlobalNewswireRIYADH, Kingdom of Saudi Arabia, Oct. 12, 2015 (GLOBE NEWSWIRE) -- King Faisal Specialist Hospital & Research Centre (KFSH&RC) is the first health system outside of North America to achieve Stage 7 on the ambulatory Electronic Medical Record Adoption Model (EMRAMSM) by HIMSS Analytics, the highest recognition for use of clinical information technology (IT) systems and advanced safety features to improve health outcomes and enhance the patient care experience.
KFSH&RC is Saudi Arabia's first integrated digital hospital that successfully deployed the highest level of health IT.
"KFSH&RC shares Cerner's belief that a solid health IT infrastructure is the foundation for improving the health and care of patients and the community. Being the first health care facility outside of the North America to reach Stage 7 is not only an honor, but a reflection of the hard work and dedication of our KFSH&RC leadership and colleagues, and the committed efforts of the Healthcare Information and Technology Affairs department," said Osama Alswailem, MD, MA, chief information officer at King Faisal Specialist Hospital & Research Centre. "The Cerner Millennium® EHR supported our goal of providing integrated high-quality health care services to our patients. With Cerner solutions, our staff is equipped to make more informed decisions and access to the right patient information at the right time."
One of the key success factors in achieving HIMSS Stage 7 for ambulatory was implementing Sehaty®, the patient portal developed by KFSH&RC, which allows patients to securely access their personal medical records and health data in an easy-to-use online environment. This interactive patient portal helps to improve the way patients communicate with providers.
In 2012, KFSH&RC was the first facility in the Middle East to achieve inpatient HIMSS Stage 6 recognition. Three years later, KFSH&RC achieved HIMSS Stage 6 for ambulatory. It was the first facility throughout the Middle East and Africa to earn this title.
"King Faisal Specialist Hospital & Research Center is a longtime Cerner client, and we are extremely pleased for its HIMSS Stage 7 ambulatory achievement. This level of accomplishment does not come without many years of hard work and determination," said Ali Slimani, senior director and general manager of Cerner Middle East and Africa. "We are delighted that Cerner Millennium is one of the key components that enabled KFSH&RC to receive such an honor. This puts the organization in a league of its own in regards to other EHRs in the region."
More than 13 years ago, KFSH&RC launched an integrated clinical information system that enabled authorized users to capture, retrieve and share patient data seamlessly and helped the system increase patient quality, clinical outcomes and service excellence. Cerner has successfully implemented solutions in more than 20 KFSH&RC departments, including surgery, emergency, radiology, laboratory and patient access. KFSH&RC leaders will share their success story at Cerner's Health Conference this month.
About King Faisal Specialist Hospital & Research Centre
King Faisal Specialist Hospital and Research Centre (KFSH&RC) is a state-of-the-art tertiary medical and research facility serving the Kingdom of Saudi Arabia and the surrounding region.
KFSH&RC took the grass-roots step, like many hospitals grappling with efficiency and quality in patient care, to reconcile multiple stand-alone legacy systems and implemented an integrated patient-centric electronic health record including Computerized Provider Order Entry system (CPOE). An outcome of this step produced one of the region's first and largest Integrated Clinical Information Systems (ICIS). KFSHRC is the first client in the Kingdom of Saudi Arabia with Cerner Millennium since 2002.
For further information about King Faisal Specialist Hospital & Research Centre, visit http://www.kfshrc.edu.sa
About Cerner
Cerner's health information technologies connect people, information and systems at more than 18,000 facilities worldwide. Recognized for innovation, Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations. The company also offers an integrated clinical and financial system to help health care organizations manage revenue, as well as a wide range of services to support clients' clinical, financial and operational needs. Cerner's mission is to contribute to the systemic improvement of health care delivery and the health of communities. On February 2, 2015, Cerner Corporation acquired substantially all of the assets, and assumed certain liabilities, of the Siemens Health Services business from Siemens AG. Nasdaq: CERN. For more information about Cerner, visit cerner.com, read our blog at cerner.com/blog, connect with us on Twitter at twitter.com/cerner and on Facebook at facebook.com/cerner.
Cerner Middle East has been transforming health care in the Middle East region for 25 years and currently staffs more than 200 associates in United Arab Emirates, Saudi Arabia, Egypt and Qatar. Cerner Middle East works with more than 200 client facilities, including more than 50,000 users. For more information, please visit www.cerner-me.com and connect with us on Twitter at www.twitter.com/cernerme.
Certain trademarks, service marks and logos set forth herein are property of Cerner Corporation and/or its subsidiaries. All other non-Cerner marks are the property of their respective owners.
CONTACT: Cerner Middle East Media Contact: Vivian Gendy (971) 4 375 4894 vivian.gendy@cerner.com Cerner Media Contact: Angela Vogen angela.vogen@cerner.com

