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SaaS and Intelligent Automation Industry Veteran Sumit Johar Joins BlackLine as Chief Information Officer

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Digital finance transformation leader expands leadership team, adding former Automation Anywhere CIO to oversee IT and InfoSec, scale internal cloud operations, and lead AI initiatives

LOS ANGELES, Feb. 12, 2024 /CNW/ — BlackLine, Inc. (Nasdaq: BL) announced today that Software-as-a-Service (SaaS) and intelligent automation industry veteran Sumit Johar has joined the company as chief information officer (CIO), effective Feb. 12th. Reporting to Co-CEO Therese Tucker, Johar will oversee Information Technology and Information Security globally for the digital finance transformation leader.

“Sumit’s extensive SaaS and intelligent automation experience, coupled with his deep knowledge of emerging technology and AI, aligns perfectly with our vision and will prove invaluable in fostering innovation and bringing a competitive edge to our global business operations,” said Tucker. “With Sumit on the executive leadership team, we are poised to advance and accelerate our own digital transformation and scale operations, so we remain best equipped to deliver on our mission as the premier accounting and finance platform for the Office of the CFO.”

Johar comes to BlackLine with more than 20 years of enterprise cloud experience spanning applications, infrastructure, cybersecurity, data governance and engineering, and automation. He most recently served as CIO at Automation Anywhere, a leading provider of AI-powered intelligent automation solutions. Previously he was CIO at enterprise mobile security provider MobileIron where in just his first two years, he significantly reduced operational costs while making room for digital transformation initiatives. Before that, he led Enterprise Applications at TIBCO Software for 10 years and also has held management-level consulting and engineering positions at Wipro and Infosys.

“Generative AI and other emerging technologies have put fuel on the fire for IT innovation, creating endless opportunities for CIOs to transform business operations,” said Johar. “I look forward to taking BlackLine’s IT infrastructure, business intelligence, and business applications to the next level with leading-edge AI and automation technologies that will enable our global workforce to perform at an even higher level, ultimately supporting BlackLine’s leadership in the digital finance transformation market.”

Johar holds a Bachelor of Technology degree in Computer Science and Engineering from the National Institute of Technology Kurukshetra.

About BlackLine
Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting and finance processes are not sustainable. BlackLine’s market-leading cloud platform and customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions to manage and automate financial close, intercompany accounting, invoice-to-cash, and consolidation processes – inspiring, powering, and guiding large enterprises and midsize businesses on their digital finance transformation journeys.

More than 4,300 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and is recognized as the leader by customers at leading end-user review sites including G2 and TrustRadius. BlackLine is a global company with operations in major business centers including Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Singapore, and Sydney. For more information, visit blackline.com.

BlackLine Forward-looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans and opportunities.

Any forward-looking statements contained in this press release are based upon BlackLine’s current plans, estimates and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading “Risk Factors” in our Annual Report on Form 10-K.  Additional information will also be set forth in our Quarterly Reports on Form 10-Q.

Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

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SOURCE BlackLine

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VEHERE RETURNS TO AISS 2024 WITH ITS POWERFUL AI NETWORK SECURITY SOLUTION

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NEW DELHI, Dec. 3, 2024 /PRNewswire/ — After a successful stint last year, Vehere is excited to announce its return to the 19th edition of NASSCOM-DSCI Annual Information Security Summit (AISS) 2024. This industry-leading conference, exploring key areas such as Security Technology Leadership, Security & Privacy Governance, Digitization & Data Sharing, Future of Cyber Crimes, Response & Resiliency, and AI Paradigm Shifts, will take place from December 4-6 in New Delhi at Pullman, Aerocity.

During this three-day event, Vehere will showcase its signature product, Vehere AI Network Security, a unified solution of Network Detection & Response (NDR) and Network Forensics (NF). Vehere NDR detects abnormal system behaviors by leveraging behavioral analytics/AI-ML. It detects and contains post-breach activities such as ransomware, APTs, insider threats, or lateral movements. Vehere NF supports security incident response and investigation of the source of an incident, analyzes and reconstructs attack timelines, and provides evidence for legal proceedings.

The visitors will get an amazing opportunity to engage with Vehere’s team of cyber experts and explore how its AI Network Security solution can help enterprises secure their networks from the most advanced cyberattacks. What sets Vehere apart as the go-to choice for a cyber network intelligence solution is:

Visibility into both E-W & N-S trafficsLossless Packet CaptureUnified PlatformBehavior-based Application DetectionProcess 2 million IOCs at line rateRetrospective Breach DetectionFlexible Deployment

“We are excited to join AISS 2024 alongside other industry leaders,” said Sanjay Bhardwaj, VP, Sales, India & SEA. “This event will allow us to highlight our innovative product, specifically designed to address the evolving threat landscape. As India’s demand for advanced security solutions increases, we remain committed to empowering our customers with top-grade technology that enhances digital resilience and is an integral part of their cybersecurity initiatives.”

Don’t miss the chance to experience our AI-powered Network Security solution at AISS 2024, Booth Number 58. Vehere is also proud to be the Badge and Lanyard Partner at this premier event.

About Vehere:

Vehere is a new-age Cybersecurity software company specializing in AI Cyber Network Intelligence. For more than a decade, Vehere has been supporting counter-terrorism analysts in Defense & Intelligence communities. Vehere is now trusted by cyber-analysts in Fortune 500 companies, including Telecom, Financial Institutions, and Smart Cities to protect their critical infrastructure against real-time cyberattacks.

Media Contact:
Sreya Sengupta
sreya.sengupta@vehere.com

Logo – https://mma.prnewswire.com/media/2268795/4387329/Vehere__Logo.jpg

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Changsha polishes blueprint for tech-culture integration

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BEIJING, Dec. 2, 2024 /PRNewswire/ — A report from China Daily

Innovative approach spurs expansion of tourist industry

Limitless potential for revamping tourism is created when a city melds its dazzling culture with cutting-edge technology. Such is the case in Changsha, capital of Central China’s Hunan province, where a whirlwind of “culture plus technology” is sweeping the city, spurred by concerted efforts to blend industries with culture and shape new paradigms for tourism.

New business modes

Located on the bank of Liuyang River, Changsha’s Malanshan Video Cultural and Creative Industrial Park is home to more than 60,000 professionals who are excelling in the field of audio and video creation and production. With the support of technology, new cultural business modes have emerged there, forming a complete digital cultural industry chain that encompasses links such as content production, creativity, storage, broadcasting and trading.

At Skymedia, a large audio and video multimedia model released by Wondershare at Malanshan park, users can upload a photo and get a dynamic 3D effect video, or input text commands to generate music. The model boasts a wide variety of functions, including text-to-video generation, image-to-video generation and soundtracks, and is in commercial use. With the Skymedia model, creators can complete audio and video content production and editing more efficiently, significantly enhancing both the efficiency and quality of their creations.

As part of another project at Malanshan park, two people far apart don special pairs of “glasses” to become “close neighbors” in a virtual scene. Zou Jun, who is responsible for the project, said: “We define it as the next generation of communication, enabling real-time face-to-face interaction for remote business meetings, family communications and educational activities.”

The deep integration of culture and technology has led to the continuous emergence of new business modes and new scenarios at Malanshan park. According to statistics, over the past two years, more than 60 percent of leading enterprises attracted to the park are engaged in new business modes.

The animation and video game industry has become one of the fastest-growing new cultural sectors in recent years. Thanks to new infrastructure such as a video cloud platform, a supercomputing center and shared production center, Malanshan park has reduced the rendering time and costs for animation and game production by 30 percent. This has led to a strong trend of enterprises clustering together and scaling up capacity in the three-dimensional animation industry.

Currently, Malanshan park focuses on new technologies, new applications and new industries. It has established 16 scientific and technological innovation institutions and attracted 3,000-plus upstream and downstream enterprises.

By deeply applying digital technologies such as panoramic scanning, virtual reality and glasses-free 3D into the field of cultural heritage, other Changsha projects have brought precious historical relics back to life.

In August, Hunan Mango Digital Art Intelligence Technology launched a digital cultural museum application called Shanhai. This platform uses digital technology to present museum relics in a 3D form, allowing people to explore exhibitions anytime and anywhere on their mobile devices. The app offers vast digital collections and integrates functions such as 3D artifact appreciation, AI interaction and personalized museum experiences. It has quickly become popular online.

Digital technology helps relics be “reborn”, allowing audiences to seemingly travel back thousands of years while gaining an immersive understanding of the history and culture behind them. This year, Hunan Museum released a 3D digital image of Lady Xin Zhui, a woman whose remains have been well preserved for more than 2,000 years. Through the integration of advanced AI technology, motion capture technology and multiple disciplines including medicine and archaeology, the “sleeping beauty” has been brought back to life.

Besides relics in the museum, heritage in the wild can be “revived” with the help of high-tech solutions. The Wuxi site of stone tablets in Hunan’s Qiyang city is a large open-air site that preserves stone inscriptions from the Tang Dynasty (618-907), making it a rare treasure trove of calligraphic carvings. Due to natural causes, the surfaces of the inscriptions have experienced varying degrees of weathering, rendering many characters blurred and difficult to discern. The Malanshan cultural digitization innovation center, in collaboration with a team, utilized various digital technologies to rejuvenate the historical and cultural heritage, collecting images of each stele, employing techniques to achieve high-precision digital imaging, and forming a stele database.

Today, the database stores basic information about the inscriptions, which have been made clear and distinguishable, and provides things such as original photos and micro-trace images, as well as calibrating relationships between several hundred steles and hundreds of famous individuals. In the future, it could facilitate secondary creations around the inscriptions by experts, scholars and design teams.

Cultural tourism

Changsha’s innovative integration of culture and technology has given rise to new cultural tourism scenarios and business modes. From traditional real-world sightseeing to immersive experiences that blend the real with the virtual, new technologies can be found in the creation and dissemination of cultural content and interactive methods in cultural tourism, providing visitors with entirely new experiences.

In September, a digital exhibition hall, located next to Tianxin Pavilion, officially opened. The hall houses a vast collection of relics related to figures from Hunan history and also offers an immersive cultural experience via new digital and intelligent technologies. In one example, a digital image of Zhu Xi, a renowned philosopher from the Song Dynasty (960-1279), appears on a screen and can answer questions asked by visitors. The “digital human” Zhu Xi was created based on national supercomputing. Through AI technology, the great scholar’s attire, expressions and movements have been interpreted and he can engage in precise conversations with visitors. They can ask him abstract questions such as the meaning of “seeking truth from facts”, as well as trendy enquiries like “What are some of the best foods in Changsha?” or “What drinks did people in the Song Dynasty enjoy?”

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SOURCE China Daily

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Aurigo Software Strengthens Workforce with Strategic Hires from India’s Leading Engineering Institutions

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BENGALURU, India, Dec. 3, 2024 /PRNewswire/ — Aurigo Software, the leading provider of capital planning and construction management software for infrastructure and private owners, has strengthened its talent base with recent hires from India’s premier engineering colleges, such as BITS Goa, BITS Hyderabad, and NIT Trichy, among others. With their proximity to leading technology institutes, Aurigo’s Bangalore and Mysore offices offer opportunities for skilled graduates to contribute to impactful projects and collaborate with experienced mentors.

India has become the hub for Aurigo’s global research and development, where teams develop core strategies and build innovative solutions from the ground up. The company is expanding its product capabilities to extend digital twins by integrating design with capital planning, advancing its AI platform, and offering improved UI/UX. With roles spanning business analysis, DevOps, cloud operations, and software testing, the recent recruits will play a crucial part in driving innovation and maintaining the company’s reputation for quality and excellence.

“We’re excited to welcome these talented professionals at a pivotal time for Aurigo,” said Balaji Sreenivasan, CEO and founder of Aurigo Software. “Their energy and fresh perspectives will be vital to fuel the next phase of our innovation and global growth as we modernize our products and advance our investments in AI.”

Aurigo’s commitment to nurturing talent extends beyond recruitment. The company provides comprehensive training programs, mentorship opportunities, and a culture of continuous learning that enables employees to grow both personally and professionally. With over 500 professionals in its India offices, Aurigo offers new graduates a unique opportunity to build expertise in cloud technologies, AI/ML, capital program management, and managing core strategies.

The expansion serves as a testament to Aurigo’s progress as infrastructure and facility owners respond to the rising demand for capital program management solutions following the increase in investments across transportation, electricity, and water utilities in the U.S. The new talent pipeline supports the company’s commitment to innovation while offering skilled graduates and professionals the opportunity to contribute to impactful global projects.

About Aurigo Software

Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help plan with confidence, build with quality, and maintain their assets efficiently. With more than $300 billion of capital programs under management, Aurigo’s solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and government on over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India.

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