
LogicMonitor appoints Garth Fort as Chief Product Officer to boost AI
This appointment follows the company's achievement of exceeding USD $300 million in annual recurring revenue (ARR), a milestone attributed to strong expansion into larger market segments and increased adoption of multiple LogicMonitor products. According to LogicMonitor, customers contributing over USD $100,000 in ARR have grown by more than 25 per cent year-over-year and now account for 80 per cent of the total ARR. The company also noted that Edwin AI, which was launched a year ago, has played a significant role in enhancing revenue growth and broadening platform adoption.
Commenting on the appointment, Christina Kosmowski, Chief Executive Officer at LogicMonitor, said, "Garth's appointment represents our continued, strategic investment in product leadership at the intersection of Agentic AIOps and hybrid observability. Garth brings the pedigree and operational excellence to accelerate and execute our roadmap and unlock more value for our customers and partners—our goal is to reduce unplanned downtime by 50 per cent and empower customers with foresight, not hindsight."
Garth Fort's previous roles include serving as Senior Vice President and Chief Product Officer at Splunk. During his tenure, he led Splunk's transition to the cloud, which is now a USD $4.2 billion business. The company highlighted his experience in shaping software and cloud services at prominent technology firms, including Amazon Web Services and Microsoft. Fort holds a bachelor's degree from the University of North Carolina, Chapel Hill, where he was recognised as a Morehead Scholar.
Garth Fort, Chief Product Officer at LogicMonitor, said, "LogicMonitor is uniquely positioned to lead the next era of AI-driven observability and IT Operations at a time of massive data centre transformation. The increased demands created by rapid adoption of AI are driving unprecedented complexity across hybrid and multi-cloud environments. I'm excited to join LogicMonitor to help build an observability platform that doesn't just monitor across physical and cloud data centres - it foresees and adapts in real time."
LogicMonitor stated that its LM Envision platform is designed to enable observability across on-premises and multi-cloud environments, providing IT and business teams with operational visibility and predictability across technologies and applications. The company aims to allow teams to spend less time on troubleshooting and more time on delivering services to employees and customers.
The appointment of Fort as Chief Product Officer is intended to further the company's strategy of investing in product development and driving its growth in AI-driven software for IT operations. The company noted that Edwin AI's adoption is contributing to its financial results by supporting platform expansion and accelerating revenue from enterprise customers.
LogicMonitor's focus remains on reducing unplanned downtime for its customers, addressing the challenges brought about by increased data centre complexity and the hybrid nature of modern IT environments. The company attributed part of its ongoing growth to the deployment of its AI-powered solutions, which it claims provide clients with improved foresight into IT operations.
The company indicated that having experienced leadership, such as Garth Fort, is central to advancing its product roadmap and meeting the evolving demands of customers seeking operational efficiency amid growing technological complexity.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Techday NZ
2 hours ago
- Techday NZ
OT cyber incidents could cost USD $329.5b, report warns
Dragos, in partnership with Marsh McLennan's Cyber Risk Intelligence Centre, has published the 2025 OT Security Financial Risk Report detailing the potential financial impact of operational technology (OT) cyber incidents and controls. The report estimates that global risk exposure associated with OT cyber incidents could reach USD $329.5 billion in extreme scenarios. Notably, 70% of OT-related breaches are shown to result in indirect financial losses, which are often omitted by conventional risk models. Statistical modelling and financial impact The study applied a decade of breach and insurance claims data, using tens of thousands of simulations to create what is described as the first statistical model correlating OT security controls with financial loss reduction. This analysis indicates that, in a severe yet plausible event occurring once every 250 years, global OT cyber losses could total USD $329.5 billion, with OT-related business interruption accounting for USD $172.4 billion of that figure. Three OT security controls emerged as most correlated with risk reduction. Incident response planning could result in up to 18.5% average risk reduction, defendable architecture up to 17.09%, and ICS network visibility and monitoring up to 16.47%. Executives are increasingly accountable for managing cyber risks, but many still lack a clear line of sight into OT environments. The ability to quantify OT cyber risk and correlate it to potential financial losses is a game-changer. This report fills a critical gap by translating OT security into measurable financial risk and assessing controls aimed at mitigating that risk. These were the words of Robert M. Lee, Chief Executive Officer and Co-founder at Dragos, commenting on the implications of the report for executives seeking actionable guidance. Barriers to effective OT security The report identifies three prominent challenges hindering effective OT cyber risk management. These include the absence of clear financial impact data related to OT incidents, difficulties in demonstrating return on investment for OT security controls, and a lack of independent benchmarks to prioritise OT controls. For years, organizations have lacked the context needed to understand OT cyber risk in business and financial terms. This study fills that gap - linking real-world financial data with OT-specific security controls. It gives executives, risk managers, and insurers the shared language and framework they've been missing to prioritize, invest, and insure with confidence. This was noted by Mark Stacey, Vice President, Risk and Resilience Solutions at Dragos. Regulatory pressures and industry standards The publication of the report comes at a time of growing regulatory attention to OT security, including the introduction of rules such as the US SEC's 8-K cyber incident disclosure requirements. The analysis represents one of the first large-scale efforts to map the SANS ICS Five Critical Controls directly to risk reduction percentages, using real-world data. By providing statistical links between specific controls and measurable risk reduction, the report aims to support both OT operators and insurers in evaluating organisational readiness and making risk-based coverage decisions. This report offers new visibility into the financial modeling of OT risk and provides insurers and OT operators alike with the confidence to take action. By statistically linking controls to measurable risk reduction, organizations can better evaluate client readiness and make more accurate, risk-based coverage decisions. Scott Stransky, Head of the Cyber Risk Intelligence Centre at Marsh McLennan, explained how the framework may benefit both the insurance sector and OT security decision-makers. The Dragos 2025 OT Security Financial Risk Report positions itself as a resource for risk executives, (re)insurers, and security leaders seeking quantifiable approaches to managing OT cyber risks and prioritising key security controls in accordance with current sector demands and regulatory frameworks.


Techday NZ
13 hours ago
- Techday NZ
Trend Micro's Zero Day Initiative marks two decades of impact
Trend Micro's Zero Day Initiative (ZDI) is marking its twentieth year of reporting and coordinating disclosures of software vulnerabilities across the digital landscape. The ZDI claims the position as the world's largest vendor-agnostic bug bounty programme, having helped to identify and disclose thousands of software security flaws since its founding in 2005. According to data referenced by the company, the ZDI contributed to the responsible disclosure of 73 per cent of all reported vulnerabilities in 2024, exceeding the total from all other participating vendors combined. The bug bounty programme incentivises security researchers globally to uncover zero-day vulnerabilities in widely used products and to submit them in exchange for financial rewards. By working with vendors ahead of public disclosure, the ZDI aims to close security gaps before malicious actors can exploit them. One of the notable features for Trend customers is early access to virtual patches for zero-day threats. These interim security fixes are distributed, on average, over two months in advance of the release of official vendor updates. This provides an extended window of protection as vendors work to develop and test their formal patches. "Our top priority is empowering our customers to take a proactive approach to cybersecurity. The Zero Day Initiative is one of the best tools we have to stay ahead of cybercriminals, and it's one of a kind. Nobody else in the industry can protect their customers as far in advance as we do." This was stated by Mick McCluney, ANZ Field CTO at Trend Micro, who emphasised the significance of proactive approaches enabled by the ZDI's work. The initiative's history began in 2005 when it was established by TippingPoint, then a division of 3Com. Initially, it focussed on bringing together the security research community, providing a framework for researchers to report zero-day bugs responsibly by offering financial incentives. Two years later, the Pwn2Own competition was launched, challenging teams of researchers to discover vulnerabilities in specific software and operating system categories against the clock. Trend Micro took over the ZDI in 2016 following its acquisition of TippingPoint. Today, the programme comprises more than 450 dedicated researchers across 14 global threat centres, supported by a broader community of over 19,000 vulnerability researchers. The ZDI has played a role in several major security events over the past two decades. For example, its researchers uncovered issues with a patch intended to fix a LNK file vulnerability exploited by the Stuxnet worm, prompting Microsoft to develop a subsequent patch. Similarly, collaborative research with Microsoft led to the award of USD $125,000 to original ZDI researchers for identifying a method to bypass Internet Explorer's defences; this sum was subsequently donated to charity, and the technique went on to earn a patent. Other notable research successes include the identification of two zero-day vulnerabilities in Apple's QuickTime for Windows product, which resulted in Apple discontinuing support for the software and ZDI advising users to uninstall it. The ZDI's investigative output has also contributed to disrupting covert operation campaigns such as Black Energy APT, which has targeted Ukraine on multiple occasions. In 2023, a researcher associated with the ZDI was recognised with a Pwnie award for "most under-hyped research" after discovering a previously unreported exploit technique called activation context cache poisoning. The ZDI's operations not only benefit Trend Micro's client base but also contribute to improved security outcomes more broadly, by ensuring that vulnerabilities in widely used products are fixed before hostile actors can take advantage. The bug bounty scheme is credited with encouraging vendors to implement more robust security practices and to address security flaws ahead of public exploitation. As one of the larger vendor-neutral vulnerability research communities, ZDI continues to rely on its global network of researchers, ethical hacking competitions such as Pwn2Own, and partnerships with vendors, to fulfil its remit of identifying and coordinating the remediation of critical security flaws.


Techday NZ
15 hours ago
- Techday NZ
Chris Teeling named Chief Executive Officer of Arlo Software
Arlo Software has announced the appointment of Chris Teeling as its new Chief Executive Officer. Chris Teeling will be based at Arlo Software's headquarters in Petone, Wellington, and will lead the company's plans for global expansion. Arlo Software currently has offices in New Zealand, the United Kingdom, and North America, and its training management platform is used by thousands of training providers around the world. Leadership experience Teeling brings extensive leadership experience from the software as a service sector, having previously held executive roles at Xero and Lawvu. At these companies, he was involved in driving international expansion and business growth. His appointment was confirmed by Allan Dawson, Chair of the Arlo Board. Dawson highlighted both his leadership qualities and experience within the SaaS sector, stating: "Chris is a visionary and results-driven leader who deeply understands the SaaS space. He brings not only commercial excellence and global strategic acumen but also a passion for building values-led organizations that empower people and customers alike. His appointment marks the beginning of an exciting new chapter for Arlo." Teeling's immediate remit as CEO will be to lead Arlo's international growth strategy, utilising his background in working with high-growth global software businesses. Company background The Arlo platform is a training management solution supporting the needs of professional training providers. The company reports that its platform has reached more than 7.5 million learners and has facilitated over USD $3 billion in training sales. With a client base across several continents, Arlo Software is focused on further increasing its presence in the professional training market and supporting providers worldwide as they deliver learning at scale. CEO priorities In his first public statement following the appointment, Teeling commented on his new role and the direction he intends to take. He said: "I'm thrilled to be joining Arlo at such a pivotal time. This company has an incredible foundation – an exceptional product, a passionate team, and a meaningful purpose to revolutionize professional training globally. I look forward to working with the board, team, and customers to take Arlo to new heights." Teeling's previous roles have focused on scaling businesses internationally, which aligns with Arlo's objective of further growth in global markets. The company's leadership notes that it is set to accelerate its international strategy under his guidance. Market overview The market for professional training software remains active as organisations globally invest in upskilling and development offerings. Arlo Software positions itself as a solution that handles a variety of administrative and operational tasks for training providers, aiming to simplify processes from course creation through to delivery. The company stated that it is committed to supporting both training organisations and learners as demands evolve in the sector. Chris Teeling's tenure as Chief Executive Officer will begin this month as Arlo Software continues its strategic priorities and expansion initiatives. Follow us on: Share on: