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Veritas Technologies

Veritas Technologies – Started Creating A Computer System Using The Concept Of “Shoe Box”.

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Veritas Technologies is a market leader in the area of multi-cloud data management. The company offers its services to over 80,000 clients, including several Fortune Global 500 companies, to support their data’s security, compliance, and reusability. 

About The Company 

Founded in 1983 as Tolerant Systems, Veritas is an American company in the international information/data management business. The company is headquartered in California, USA. In the past 30 years, Veritas has assisted corporate clients in navigating every disruptive technology shift. The company’s integrated data protection and management strategy offer unparalleled versatility, efficiency, and cost benefits. Some of the company’s popular products and services include Access, VxFS, VxVM, NetBackup, NetBackup Appliances, Backup Exec, Cluster Server (VCS), Enterprise Vault, and Enterprise Vault. cloud, Enterprise Administrator, Volume Replicator (VVR), SANPoint, eDiscovery Platform, APTARE IT Analytics, etc.

Veritas Technologies
Image source: freshersindia.in

History

In 1983 Tolerant Systems was formed with the goal of creating a fault-tolerant computer system using the concept of “shoe box” building components. The “Eternity Series” was the name given to this computer system. This shoe box contained two 320xx processors. The OS processor ran on TX( version of Unix) while the I/O processor supported Tolerant’s Real Time Executive. The company initially collaborated with AT&T to supply the disc management and file management software for the latter’s UNIX operating system and cooperatively supported and promoted the products to System OEMs. Veritas received royalties on the sales of the OEMs. In 1993, the company launched its IPO, and its business was valued at $64 million. In 2001, the sector saw a significant decline as the internet bubble burst. Despite this, Veritas expanded its revenue by 25% to $1.5 billion and maintained 25% operating margins. In 2004, the company merged with Symantec( now NortonLifeLock). Prior to this, the company was listed on NASDAQ-100 and S&P 500. Later in 2014, in order to concentrate on security, Symantec de-merged its data management business as Veritas Technologies. As part of this de-merger, Carlyle Group, a private equity company, acquired Veritas for $8 billion.

Acquisitions

Veritas generated $36 million in revenue by the end of 1996. For $4.2 million in equity, the company bought Tidalwave Technologies, which specialised in the High Availability of cross-platform software. Veritas entered the backup industry in 1997 when it purchased OpenVision Technologies, including NetBackup, a comparable-sized public company. In 1998 it acquired Seagate NSMG. In 2000, the company generated 1.2$ billion in revenue and was included in the S&P 500 and Fortune 1000. Veritas rose to the world’s tenth-largest software company by revenue and third-largest by market cap. In 2003, for a total of about $609 million, it purchased Israel’s Precise Software Solutions, a leading company in Application Performance Management (APM).

Founder – Mark Leslie

Veritas Technologies was founded by Mark Leslie, who also served as its CEO. As the CEO and Chairman, Veritas expanded to rank among the ten leading independent software companies and earned the distinction of joining the Fortune 1000. Mark Leslie is an entrepreneur, corporate executive, venture capitalist, and professor. He also teaches management courses at the Stanford Graduate School of Business. He also serves as managing director of the private investment firm Leslie Ventures. In 1996 Leslie received a Bachelor of Arts degree from NYU. He participated in the Harvard Business School’s management development program in 1980. Leslie started his first firm, Synapse Computer Systems, in 1980.

CEO – Greg Hughes

Greg Hughes is the current CEO of Veritas. He has over twenty years of executive experience in enterprise software. Before joining Veritas, he developed and oversaw the Software Practice at McKinsey & Company. Greg has degrees from the Massachusetts Institute of Technology and Stanford University’s Graduate School of Business.

Datadog

Datadog – The Watchdog for the Cloud Services.

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Cloud computing has opened new doors for new technologies and new ideas. The very technology is not quite old but has revolutionized the IT world. With the benefits, things also come with some serious problems, and in the case of cloud technology, it was data security. But since with a problem, there is always a solution, Datadog came into existence to solve the problem of data security for cloud services.

Datadog is an eleven-year-old company founded in 2010 in New York, and in just a decade, the company has gone global. The company provides services like monitoring of servers, databases, tools, and services, etc., for cloud-scale applications using a SaaS-based data analytics platform.

About the Datadog

Datadog, as its name suggests, helps companies secure the data on cloud services. The company provides its services in the field of finance, manufacturing, and logistics, healthcare, retail/e-commerce, the public sector, media & entertainment, technology, and gaming, etc. It works on technologies, including AWS, Azure, Google Cloud Platform, Kubernetes, Red Hat OpenShift.

The company ensures to take all the end-to-end traces, metrics, and logs under observation so that they can provide maximum security to the client’s application, infrastructure, and third-party services. The company not only helps the companies secure their cloud services but also helps them enhance the user experience for their clients. Cloud migration, monitoring consolidation, shift-left testing, security analysis, hybrid cloud monitoring, IoT monitoring, log analysis & correlation are some of the services provided by Datadog. The Datadog platform has been developed using a Go-based agent. It also uses technologies like D3, Apache Cassandra, Kafka, PostgreSQL, etc.

Datadog
Image source: zenduty.com

The Back Story

Olivier Pomel and Alexis Lê-Quôc founded Datadog in 2010 in New York. The two founders were colleagues at Wireless Generation and developed the idea of founding Datadog while working at the company. Wireless Generation was acquired by NewsCorp, and at the same time, the two realized that there was constant friction between the developer and the systems administration teams. This led to the idea of developing software to help the teams working at cross-purpose, and hence Datadog came into being.

The founders held a seed round in 2010, and companies like NYC Seed, Contour Venture Partners, IA Ventures, Jerry Neumann, and Alex Payne participated in the funding. The rising demand for cloud services helped Datadog to become popular in no time. It was a cloud infrastructure monitoring service that every company required for their cloud services. Soon the company was working with all the major cloud service platforms, i.e., AWS, Microsoft Azure, Google Cloud Platform, Red Hat OpenShift, VMWare, and OpenStack. The company then started to expand by acquiring companies like Mortar Data, such that to enhance the capabilities of the Datadog platform. Datadog also established a research and development office in Paris in 2015.

The next year, Datadog announced the beta-release of Application Performance Monitoring. The platform provided full-stack monitoring for cloud platforms for the first time. In 2017, the company went on to acquire a Paris-based company named Logmatic. This acquisition added the service like querying and visualization of the logs to Datadog platform, such that it made easier for the platform to monitor and troubleshoot the online services. In 2019, a company named Madumbo partnered with Datadog adding its AI-based application testing platform to Datadog. The same year, Company also entered Japan by establishing a subsidiary company in the country.

On 19 September 2019, Company went public on Nasdaq and raised $648 million by selling 24 million of its shares. In 2016, according to Deloitte’s 2016 Fast 500 List, Datadog was among the top ten fastest-growing companies in North America.

The Founders

Oliver Pomel is one of the founders of Datadog, who is serving as the CEO of the company. He holds an MS degree in Computer Science from Ecole Centrale Paris. He is one of the original authors of the VLC media player. Pomel has also worked with companies like IBM as a software engineer. He developed the data systems for K-12 teachers as a VP at Wireless Generation.

The other founder of Datadog is Alexis Lê-Quôc, who also serves as the CTO of Datadog. He was an Ecole Centrale Paris alumni and earned a master’s degree in Computer Science. He worked at Wireless Generation as the Director of Operations for a few years. Before that, he has also worked at companies like IBM, ORange, and Neomeo.

Egnyte

Egnyte – One-stop secure content platform empowering the businesses to safeguard, connect and unlock value from content

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In the world of digitalization, we generally store content in the form of files on an electronic platform. With the large capacity memories, drives, and other storage devices, many files can be stored. As well, easy file transfer is possible in this era. However, data security is the main concern when comes to sharing the data across devices, apps, or another system. Business, however, needs to store the personal data of employees, as well as other sensitive information of the business. Not only stored but this content also needs to sprawl across disconnected systems, devices, locations, and at many places. Thus, the business needs data-centric security and governance over data storage and transfer. Because cyber attackers are the main threat to the rising as well as well-established businesses.

So, should a business stop store and sharing content online? Should they maintain physical records as past days? Nope, it’s impossible to find such a solution in this era. Well, few firms are helping businesses in this case. California-based Egnyte is one such firm that enables the ultimate secure content platform. It is dedicated to businesses that assure complete data security, governance as well as control across a hybrid content stack. Therefore, it enhances the experience of employees with assure data protection. Also, allow the business to connect with needed applications that business users know without any hesitation.

About Egnyte

Established back in 2007, Egnyte headquartered in California. The firm is co-founded by a self-made Indian entrepreneur, Mr. Vineet Jain. It enabled the best platform for businesses that allows them to connect, safeguard, as well as reveal value from all their content. For this, the firm uses a SaaS platform.

Egnyte CEO Vineet Jain
Image Source: venturebeat.com

Presently, the firm has offices in WA, London, Poland, Raleigh, NC, and Spokane. However, it acquired top investors such as Goldman Sachs, Kleiner Perkins, Google Ventures, and Caufield & Byers.

Glimpse to founder’s life

A well-experienced business leader and entrepreneur Vineet Jain helped in founding the Egnyte. Presently, he is serving as the CEO of the firm. He was born in India, and he spent his life there until his education. Jain attended Delhi College of Engineering. After completing his education, he decided to explore the areas of his career overseas. Before moving to the US, he worked for some time in the UK. Vineet has worked in the B2B technology industry for more than 25 years in Silicon Valley. After serving at many senior top-level positions, he urged to plunge into entrepreneurship. Thus, established Valdero as his first business venture. It was a platform for supply chain solution provider. Then he finds interest as well as the future in SaaS, the outcome as the establishment of Egnyte.

Exploring the business

After establishment, Egnyte attracted 1 million dollars seed venture capital in the same year only. It also received seed venture capital of 6, 10, and 12 million dollars in 2009, 2011, and 2012 respectively. The firm also received top investors like Polaris partners, Google Ventures, Kleiner Perkins, and many more in a very short duration.

For any business to grow what matters is the values, mission, and strategy to convert it into reality. That’s what was implemented by Egnyte. Like its vision and mission to “transform the business through smarter content”, Egnyte achieved it through its world-class service. On top, it empowered many organizations to safeguard, connect, and unlock value from content. Moreover, the firm has launched a mobile app for easy file sharing. Presently, more than 16k customers use the Egnyte platform.

Services Provides

The firm enabled content services platform specifically designed for businesses. Apart from that, Egnyte offers full project management that comes with technical and functional staffing. Since its establishment, the firm successfully helping numerous businesses to create a roadmap for content collaboration strategy. For this, Egnyte first considers the desired business outcomes and then accordingly assists the organizations. Other services of Egnyte includes data migration, remote or onsite deployment, permission migration, pre-production testing, etc. With a highly dedicated and expert team, Egnyte also provides in-class training.

Triumph of Egnyte

In the last two years, Egnyte honored with seven awards, 5 which of them represented in 2019. It includes the awards as Best company happiness, Best leadership team 2019, Best Company Work-Life Balance. As well, it also won Best CEOs for Diversity and Best CEO in the same year. Egnyte also won the Best CEOs for women 2020 award along with Best Professional Development 2020.

All firms know the value of customer satisfaction. However, Egnyte also knows the value of employee’s satisfaction. It scored 85 out of 100 in employee ratings, suggesting one of the best workplaces.

Microsoft Initiates the Password-less Authentication Using FIDO2 Security Keys

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How many times it has happened that you forgot your account password while logging into it, and you have to recreate a new one. Well, the problem is going to vanish for the Microsoft accounts soon, as it is going to introduce the standards-based FIDO2 security key devices to let its users sign into their account without a username and password. Using the FIDO2 WebAuthn and the CTAP2 standards, Microsoft will enable the hardware security keys or Windows Hello support, to authenticate the users, through its Edge browser.

Fido-Security-Key-USB
Image Source: itsagadget.com

The users who are using Windows 10 can start using the new authentication technique, either by using Windows Hello, a biometrics-based authentication platform built into Windows 10, with a FIDO2-compatible device from Yubico or Feitian, an authenticator or with a fingerprint reader.

Vice president of program management at Microsoft Identity Division, Alex Simons, said, “Microsoft is the first company to support password-less authentication using the FIDO2 WebAuthn and CTAP2 specifications, and Microsoft Edge supports the widest array of authenticators compared to other major browsers.”

To use a hardware authentication key, one needs to plug it into the USB port of the system. For logging into a Microsoft account over a phone, one need to use the Bluetooth or NFC wireless communications. The users can also login into the Microsoft apps, on a smartphone, using the Microsoft Authenticator app. The Microsoft platforms that support the FIDO2 security key includes Outlook.com, Office 365, Skype, OneDrive, Cortana, Microsoft Edge, Xbox Live on the PC, Mixer, the Microsoft Store, Bing and the MSN portal site.

Microsoft had already introduced its Authenticator app, for the iOS and Android users and as of now, Microsoft is the only company to provide such security devices to its users. Soon, we can see other companies adopting the same technology as the regular username and passwords have already been vulnerable to the security breaches. It may be a drastic change in the authentication procedure, but adopting the new one can be more beneficial for the security of the important data stored on the web.

Berners-Lee Wants A New Contract to Fix the Broken Internet

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The 63 years old founder of the World Wide Web (www), Tim Berners-Lee, has shown concerns about the manner the internet is being used, for the past ten years. According to Berners-Lee, the internet was created for the people, for quick exchange of information across the world. But, the goal that its founders had, have been got off the course.

tim-berners-lee
Image Source: home.bt.com

He said, “For a long time, 20 years, I thought all I had to do was just keep it free and open, and people will do wonderful things. Then in fact, if you look and talk to people on the street now, there’s been a big change. I think this has been a tipping point.”

Berners-Lee is bothered about the situations that the internet is facing these days. The threats like data breaches, hate speech, fake news, tech monopolies, and other things have deviated the internet from its initial goal. Berners-Lee, on Monday, called for a contract for the web, that includes guidelines for corporations, governments, and citizens, to make it safe and accessible for everyone. He said that the in 1989, when the internet came into being, it was assumed as the biggest breakthrough, as it connected the technology and humanity. But, it has caused a digital divide between the richer and the poorer countries. Also, half of the world’s population, including billions of women and girls, are still to get access to it.

“The web is for everybody, and so if the web is for everyone the contract has got to be for everyone,” said Berners-Berners-Lee, at Europe’s largest technology conference.

The biggest issue with today’s internet is that the negative content on the web is getting more attention and there is a flood of fake news and hate speeches. Also, the most used apps like Instagram and Youtube are the products of tech giants like Facebook and Google, leading to a monopoly.

The contract will be released by May 2019, at the same time 50 per cent of the world will be online for the first time. More than 50 organisations have already signed the contract, which is published by the World Wide Web Foundation. The contract includes the mention of the requirement for all the governments to treat privacy as a fundamental human right and has published a report that calls for urgent action.

Failed to Protect User Data Facebook got Fined by the UK Govt.

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Facebook has been facing a lot due to its data privacy issues for the past few months. This time it has been attacked by the UK’s Information Commissioner’s Office. According to the UK’s security watchdog, Facebook has supported some major security breaches of the data protection law, in the past. For this, the ICO has fined Facebook for $644,000 (£500,000). Facebook has been imposed with the maximum amount of fine, to be paid for the breach of the data protection law in the UK after it was found guilty in an investigation.

According to the investigation, Facebook is responsible for the stealing of 1 million Facebook users’ personal information, in the UK. Also, between 2007-2014, Facebook carelessly allowed the third-parties to use the data of the Facebook users, without their consent.

facebook-privacy
Image Source: joshbenson.com

The ICO carried out the investigation after the security breach, by GSR developer, in the Cambridge Analytica scandal, earlier this year. The scandal included the harvesting of private data, from up to 87 million Facebook users, around the world without their knowledge. The report included the stealing and misuse of the personal data of the Facebook users, during the referendum on the U.K.’s membership of the European Union, for the political campaign in 2016.

The UK’s Information Commissioner Elizabeth Denham, confirming the news, said, “Facebook failed to sufficiently protect the privacy of its users before, during, and after the unlawful processing of this data. A company of its size and expertise should have known better, and it should have done better.”

Before the Cambridge Analytica’s scandal was officially out, the Guardian investigation, in 2016, had already provided a report, on the bases of the statement of a whistleblower from the company who described how the data of the Facebook users was stolen to target the voters.

About the fine imposed on Facebook, the CEO of Mark Zuckerburg has said that they are reviewing the whole situation. “we have a lot more work to do to safeguard personal data,” he added. A spokesperson from Facebook also said, “While we respectfully disagree with some of their findings, we have said before that we should have done more to investigate claims about Cambridge Analytica and taken action in 2015. We are grateful that the ICO has acknowledged our full cooperation throughout their investigation.”

ICO will present further evidence regarding the case in the coming November, in front of the UK government. Also, it has summoned Mark Zuckerberg, to testify about the Cambridge Analytica scandal, that is scheduled for the month of May in 2019.