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Cato Networks Debuts on 2024 Forbes Cloud 100

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SASE creator ranks among top 100 private cloud companies

TEL AVIV, Israel, Aug. 6, 2024 /PRNewswire/ — Cato Networks, the creator of SASE, today announced that it has made its debut in the 2024 Forbes Cloud 100 list. According to Forbes, it is the definitive ranking of the top 100 private cloud companies in the world, published in partnership with Bessemer Venture Partners and Salesforce Ventures.

This ranking follows several significant milestones for Cato. In July, Cato announced it surpassed $200 million in annual recurring revenue (ARR) in the second quarter of 2024—doubling its total ARR in under two years. Additionally, Cato surpassed 2,500 customers, with more than 1,000 new customers in the past two years.

Cato also announced in July it was named a Leader in the 2024 Gartner® Magic Quadrant™ for Single-Vendor SASE. In addition, Cato reported in February its revenue grew 59% in 2023 compared to 2022, more than twice the 29% five-year compound annual growth rate (CAGR) forecast from Gartner for the SASE market.

Rapid adoption of the Cato SASE Cloud Platform is behind Cato’s accelerating business momentum. Cato is transforming an IT security market—plagued by too many tools and too few people to manage those tools—with its platform approach. Cato converges security and networking in a single, cloud-native platform with a single console that’s easy to deploy, use and manage. This strategy is winning in the IT security market.

“This recognition in the Cloud 100 underscores Cato’s rapid ascent not only in the IT security market, but the IT market as a whole,” said Shlomo Kramer, co-founder and CEO at Cato Networks. “Cato transforms the way IT thinks about the business, and the way the business thinks about IT. Cato replaces point products with a single, cloud-native platform that takes away the grunt work and brings operational simplicity and business agility to IT.”

The 2024 Forbes Cloud 100 is published online at www.forbes.com/cloud100. Highlights of the list appear in the August/September 2024 issue of Forbes magazine.

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•  [Photo] Shlomo Kramer
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About Cato Networks

Cato Networks delivers enterprise security and networking in a single cloud platform. With Cato, organizations replace costly and rigid legacy infrastructure with an open and modular SASE architecture based on SD-WAN, a purpose-built global cloud network, and an embedded cloud-native security stack. 

Want to learn why thousands of organizations secure their future with Cato? Visit us at www.catonetworks.com

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SOURCE Cato Networks

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2024 China-MENA Intelligent Transportation Development and Cooperation Conference (Dubai) Will Be Held Soon

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DUBAI, UAE, Sept. 14, 2024 /PRNewswire/ — The year 2024 marks the 40th anniversary of the establishment of diplomatic relations between China and Arab states. It is an important node for China-Arab relations to continue with the past and open up the future. In order to continuously strengthen the alignment of the development strategies of the transportation industry between China and the MENA region, and promote innovative cooperation in science, technology, finance and industries in the field of intelligent transportation, China Intelligent Transportation Association (ITS China), as the only national level social organization representing Chinas intelligent transportation industry and facing the world, will organize and hold the 2024 China-MENA Intelligent Transportation Development and Cooperation Conference (hereinafter referred to as the “Conference”) in Dubai on 18th September 2024.

With the theme of “Sharing and Matchmaking”, the Conference will set up sessions such as keynote speeches, cooperation and exchanges, matchmaking negotiations and technical product display around the three major building blocks including urban intelligent transportation construction, intelligent networked new energy vehicles, smart logistics and public travel, so as to provide participants with market development consultation and resource matchmaking services and the opportunities for in-depth exchanges and matchmaking with relevant institutions in the MENA region, and promote practical project cooperation and implementation.

The Conference has received strong support from relevant departments of China, United Arab Emirates, Oman, Saudi Arabia, Iran and other countries. More than 1,000 representatives from enterprises and institutions such as Shenzhen Urban Transport Planning Center Co., Ltd. ( SUTPC) , Sunland Technology Co. Ltd., CATARC, Zhong’anlianke Technology and Beijing ICE TECH will be invited to actively participate in the Conference.

As the only nationwide non-profit social organization specializing in intelligent transportation in China, ITS China is committed to establishing communication channels in the field of intelligent transportation at home and abroad, and promoting the exchange of technologies and industries in the field of intelligent transportation. The 2024 China-MENA Intelligent Transportation Development and Cooperation Conference will certainly build a professional platform for dialogue and cooperation among relevant institutions in the transportation industry of China and MENA. The Conference will become an annual grand event for precise matchmaking of scientific and technological innovation needs and sharing of successful experiences. We will share the scientific and technological innovation achievements of intelligent transportation with relevant institutions of the countries along Belt and Road Initiative (BRI) routes to jointly promote the rapid development of intelligent transportation and create a better future for transportation!

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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”

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RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ — The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).

The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia’s role in advancing AI capabilities as it positions itself as a global leader in this space.

The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.

To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.

SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.

The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world’s most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.

Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.

The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.

The summit closed with an inspirational speech from the Director of Saudi Arabia’s National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:

“Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential.”

He added:

“It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit.” 

The success of GAIN 2024 ensures that the Kingdom’s AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.

Media@GlobalAISummit.org

Photo – https://mma.prnewswire.com/media/2505796/SDAIA.jpg

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SOURCE The Saudi Data & Artificial Intelligence Authority (SDAIA)

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CHiQ wins Global Product Technology Innovation Awards

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BERLIN, Sept. 14, 2024 /PRNewswire/ — Established in 1958, Changhong has evolved over more than six decades into a comprehensive multinational enterprise group, specializing in consumer electronics as well as the research and manufacturing of core components. The company is now aiming to become a globally influential group in electronic information technology.

From January to August 2024, Changhong’s overseas home appliance revenue saw a year-on-year increase of over 20%. In core markets such as the Americas, Asia-Pacific, and Europe, the scale has been maintained and continues to grow steadily. Significant breakthroughs have been achieved in emerging markets like the Middle East and Africa, gradually forming a global layout of Changhong’s overseas home appliance industry.

At IFA 2024, Changhong’s CHiQ XingBo series was honored with the “Extraordinary Audiovisual Experiences Gold Award” for its exceptional technical performance. As a high-end flagship model, this television has quickly taken a leading position in the 288Hz high refresh rate television market since its launch in August 2023.

The CHiQ XingBo series television, featuring a sleek six-sided flat design and robust heat dissipation technology, delivers cinema-quality imaging. Equipped with the world’s first large model-based smart home AI platform—Changhong Yunfan—it transcends the role of a mere appliance to become a thoughtful and dependable addition to your home, simplifying and enriching everyday life. This TV is also a hub of superior audio-visual entertainment, boasting a QD MiniLED light source, over 5,000 backlight partitions for exquisite picture quality, and a high refresh rate that ensures smooth and enjoyable viewing of movies and sporting events. Coupled with powerful sound and advanced smart capabilities, it stands out as the premier choice for enhancing your living experience.

In addition, CHiQ, the premier brand of Changhong, also won the “Smart Home Appliance Brand Award”, further consolidating its influence in the smart home appliance industry.

Since its introduction as an independent brand in 2017, CHiQ has expanded into the Australian, European, and Southeast Asian markets. CHiQ has now expanded its operations to over 40 countries and regions, encompassing major global economies. The brand has established solid cooperative relationships with many internationally renowned enterprises together and has entered main offline channels. CHiQ has entered over 30 mainstream e-commerce platforms around the world including Amazon in Europe, Lazada, and Shopee in Southeast Asia. CHiQ has also created a comprehensive landscape of smart home appliances ranging from TV sets, refrigerators, air conditioners, washing machines, monitors, and more.

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View original content:https://www.prnewswire.co.uk/news-releases/chiq-wins-global-product-technology-innovation-awards-302248337.html

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