Connect with us

Technology

‘Total Economic Impact’ Study Concludes That XM Cyber Delivered 394% Return On Investment

Published

3 years ago

on

Attack Path Management Significantly Reduces Risk of Fines and Remediation Expenditures, Reduces Pen Testing and Labor Costs

HERZLIYA, Israel, Oct. 4, 2022 /PRNewswire/ — XM Cyber, leader in hybrid cloud security, today released the results of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting that concluded XM Cyber realized a 394% ROI ($11.6M net present value) for customers over a three-year period. The company’s Attack Path Management solution was found to reduce the costs of remediation, fines, labor and pen testing, as well as fostering a better relationship between IT ops and cybersecurity teams and decreasing the risk of working with third parties.

 

XM Cyber’s solution maps an organization’s on-prem and cloud environments to identify attack paths that bad actors can exploit to access and compromise critical business assets. In other words, Attack Path Management doesn’t just detect individual vulnerabilities, misconfigurations, identity exposures and other cybersecurity weaknesses. It also identifies all the ways that hackers can use attack techniques to create a path through the network and ultimately reach critical business assets. Armed with this data, security teams can focus on remediating high-priority risks before an attack can take place.

To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed four XM Cyber clients, aggregated the interviewees’ experiences and combined the results into a single composite organization with 15,000 devices and a mature security operations center (SOC).

The study found that XM Cyber customers benefit from:

Avoiding $12.4M in remediation costs, fines, customer costs, revenue lost, and brand rebuilding over three years.Reducing penetration testing costs by $1.4 million over three years.Reducing $.7M labor cost for patching and remediation activities over three years.

“Too many organizations waste time and manpower remediating individual vulnerabilities and assets detected during infrequent pen testing, which is expensive and disruptive,” said Noam Erez, co-founder and CEO, XM Cyber. “XM Cyber eliminates this process by showing every way that an attacker could breach and pivot across a dynamic and complex hybrid cloud environment, moving under the radar of existing security controls to compromise business-critical assets. This insight enables organizations to focus on remediating the most potentially damaging attack paths before an attack can take place.”

The full study can be found here.

About XM Cyber

XM Cyber is a leading hybrid cloud security company that’s changing the way innovative organizations approach cyber risk. By continuously uncovering hidden attack paths to businesses’ critical assets and security controls gaps across cloud and on-prem environments, it enables security teams to remediate exposures at key junctures and eradicate risk with a fraction of the effort. Many of the world’s largest, most complex organizations choose XM Cyber to help eradicate risk. Founded by top executives from the Israeli cyber intelligence community, XM Cyber has offices in North America, Europe, and Israel.

Media Contact: Mark Prindle, xm@fusionpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/total-economic-impact-study-concludes-that-xm-cyber-delivered-394-return-on-investment-301639483.html

SOURCE XM Cyber

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Quantinuum and Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region

Published

38 minutes ago

on

May 14, 2025

By

Up to $1 Billion Investment Over 10 years by Qatar in State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners

DOHA, Qatar, May 14, 2025 /PRNewswire/ — Quantinuum, the world leader in quantum computing, is establishing a Qatari-incorporated Joint Venture with Al Rabban Capital, a division of Al Rabban Holding Company, one of Qatar’s most prominent companies. The Joint Venture will accelerate quantum computing adoption in Qatar and the region, strategically positioning the U.S. and Qatar as global leaders in the quantum revolution. This first of its kind quantum technology partnership was highlighted by the President of the United States during his historic state visit to Qatar.

The Joint Venture has three core objectives: enabling access to Quantinuum’s world-leading quantum technologies in the region; co-developing quantum computing applications tailored to regional needs in areas such as New Energy, Materials Discovery, Precision Medicine, Genomics, and Financial Services, with new opportunities emerging in the era of Generative Quantum AI (GenQAI); and, training the next generation of quantum computing developers in Qatar and the region.

Quantinuum is steadily expanding its global presence to meet the growing international demand for its technology and applications. The company’s expansion into the Gulf region, starting with Qatar, follows its successful growth across the U.S., U.K., Europe and Indo-Pacific. This Joint Venture reflects a shared commitment by the U.S. and Qatar to strengthen strategic ties, spur bilateral investment in future-defining industries, and foster technological leadership and shared prosperity. 

Quantinuum’s Joint Venture with Al Rabban Capital builds on its partnership announced last year with Hamad Bin Khalifa University and the Qatar Center for Quantum Computing (QC2), Qatar’s premier quantum research hub.

“This is a defining moment in Qatar’s ambition to become a regional hub for advanced technologies like quantum computing,” said Abdulaziz Khalid Al Rabban, Chairman, Al Rabban Capital. “We’re partnering with Quantinuum to deliver world-class quantum solutions, driving economic growth in Qatar and the region.”

“This Joint Venture demonstrates our shared vision to lead in transformative technologies,” said Dr. Rajeeb Hazra, President & CEO of Quantinuum. “Together with Al Rabban Capital, we’re accelerating the commercial adoption of quantum computing in Qatar and the region whilst serving U.S. and Qatari strategic interests.”

About Quantinuum

Quantinuum is the world leader in quantum computing. The company’s quantum systems deliver the highest performance across key industry benchmarks. Quantinuum’s over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution.

For more information, please visit: https://www.quantinuum.com

About Al Rabban Capital

Al Rabban Capital (ARC) is a Qatari investment and advisory firm driving business growth across Qatar and the GCC. ARC enable market entry and expansion through joint ventures, strategic partnerships, and deep local insight. ARC supports both public and private sector initiatives with tailored, end-to-end solutions. Beyond capital, ARC provide strategic guidance, governance, and access to a robust regional network. ARC’s focus includes AI, quantum tech, healthcare, and sustainability, with a commitment to impactful growth.

For more information, please visit: https://www.alrabbancapital.com

Logo – https://mma.prnewswire.com/media/2655950/5319249/Quantinuum_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/quantinuum-and-al-rabban-capital-launch-joint-venture-to-accelerate-quantum-computing-adoption-in-qatar-and-the-region-302455671.html

Continue Reading

Technology

Hammes recognized as one of the Best Places to Work in Healthcare in 2025

Published

38 minutes ago

on

May 14, 2025

By

MILWAUKEE, May 14, 2025 /PRNewswire/ — Hammes, a national real estate consulting, development, investment and management firm, has once again been recognized by Modern Healthcare as one of the Best Places to Work in Healthcare. This is the third year that Hammes participated in the Best Places to Work program and the third year the firm has been named to the list.

“Being recognized as a 2025 Best Place to Work in Healthcare is a powerful testament to how these organizations value their people,” said Dan Peres, President of Modern Healthcare. “In a time of constant change and challenge, this year’s winners have shown a deep commitment to creating environments where employees feel supported, heard, and inspired to do their best work. That kind of culture doesn’t happen by accident—it’s intentional, and it’s worth celebrating.”

“Being named one of the best places to work in healthcare for the third consecutive year is a collective honor and achievement worth celebrating,” said Patrick Hammes, Managing Principal. “It speaks to our team members’ commitment to our workplace culture and the meaningful work we do to bring exceptional facilities to life for our healthcare clients.”

Modern Healthcare partners with Workforce Research Group to conduct a rigorous assessment process, which includes an extensive employee survey. This annual program identifies and honors outstanding employers within the healthcare industry nationwide.

The complete list of 2025 Best Places to Work in Healthcare winners is available at ModernHealthcare.com/bestplaceslist.

About Hammes

Founded in 1991, Hammes is a vertically integrated real estate solutions platform specializing in healthcare real estate strategy and planning, project management, development, investment, and property management. As a testament to our deep healthcare industry experience, Hammes has been recognized as one of the nation’s leading healthcare developers by Modern Healthcare’s Construction & Design Survey for 26 consecutive years—including 21 years as No. 1—and by Revista’s Outpatient Healthcare Real Estate Development Report. Headquartered in Milwaukee, Wisconsin, Hammes provides services through a network of regional offices strategically located across the United States. www.hammes.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hammes-recognized-as-one-of-the-best-places-to-work-in-healthcare-in-2025-302455543.html

SOURCE Hammes

Continue Reading

Technology

From Best-Kept Secret to Global Recognition: Korcomptenz Featured in 2025 ISG Provider Lens™

Published

38 minutes ago

on

May 14, 2025

By

Featured in the “Contender” category for Data, Cloud, and AI Services

PARSIPPANY, N.J. and CHENNAI, India, May 14, 2025 /PRNewswire/ — For years, Korcomptenz has quietly powered digital transformations behind the scenes—trusted by midmarket and enterprise clients, yet rarely in the headlines. That changed recently, in a landmark moment, Korcomptenz has been recognized in the 2025 ISG Provider Lens™ for Microsoft Cloud and AI Ecosystem, earning a place in “Contender” category for both AI Services for Microsoft Cloud and Data Fabric on Azure.

The ISG team of advisors worldwide help organizations to source and contract the right IT Service providers for their needs on digital transformation & governance projects. ISG influences $200B+ of technology spend annually. This year for the 2025 ISG Provider Lens™ Microsoft AI and Cloud Ecosystem Global report places Korcomptenz along with many of the global tech giants like Accenture, IBM, and Infosys, in its quadrants for both Data and AI Services. It’s a striking debut for a company that has historically chosen substance over spotlight.

“Our clients have always known what we bring to the table: trust, innovation, and measurable outcomes,” said Clara D’Silva, President & Founder of Korcomptenz. “This ISG recognition validates what we’ve quietly been doing for over two decades—solving complex problems with commitment, empathy, and deep technology expertise.”

Why Now?

The timing couldn’t be better. As enterprises face uncertainty and race to scale AI responsibly, ISG’s report highlights a critical shift: businesses aren’t just looking for technology—they’re looking for partners who understand their industry, anticipate change, and deliver fast, flexible value.

According to ISG: 

“Korcomptenz combines Microsoft Fabric and Azure Analytics experience with industry process knowledge to help customers improve data governance and accelerate digital transformation initiatives with optimized AI-enabled business-critical processes.”

Korcomptenz’s AI tools include KOR BankIQ for banking insights, KOR SmartForge with 100+ dashboards for manufacturing analytics, and KOR ESGenius for streamlined ESG compliance and reporting.

Its newly launched Global AI Innovation Center in Chennai accelerates work on Agentic AI, powered by Microsoft Copilot Studio and Azure AI Foundry. “This hub is a major milestone in our growth,” said CEO Prakash Anthony.

About Korcomptenz

Korcomptenz enables intelligent transformation through Microsoft, SAP, Salesforce, and AI technologies. With operations across North America, India, and the UAE, it serves clients in manufacturing, retail, healthcare, logistics, and BFSI.

Learn more: www.korcomptenz.com or email sales@korcomptenz.com

Logo – https://mma.prnewswire.com/media/2687507/Korcomptenz_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-best-kept-secret-to-global-recognition-korcomptenz-featured-in-2025-isg-provider-lens-302455676.html

SOURCE Korcomptenz

Continue Reading

Trending