Latest news with #IngramMicro
Barnama
3 days ago
- Business
- Barnama
Arctic Wolf Launches In Singapore To Strengthen Regional Cybersecurity Capabilities
BUSINESS KUALA LUMPUR, June 5 (Bernama) -- Arctic Wolf, a global leader in security operations, has officially launched its operations in Singapore, marking a significant step in the company's Asia-Pacific expansion strategy. Arctic Wolf president and chief executive officer, Nick Schneider emphasised the rising global demand for effective cybersecurity solutions, stating that as cyber threats evolve, businesses are looking for comprehensive security operations that deliver tangible results. 'We are excited to bring our portfolio of Security Operations solutions to the business and channel communities of Singapore and look forward to working with them to help end cyber risk,' he said in a statement. Singaporean businesses face mounting cybersecurity challenges, including a rapidly evolving threat environment, tighter regulatory requirements, and a shortage of skilled professionals. Arctic Wolf aims to tackle these issues with its unified, cloud-native platform, powered by artificial intelligence (AI)-driven threat detection and backed by one of the world's largest commercial Security Operations Centres, delivering round-the-clock protection and expert guidance. The company's entry into Singapore is supported by Ingram Micro, its first local distribution partner. Together with Ingram Micro, Arctic Wolf is delivering modern security operations that help customers reduce risk and improve outcomes at every stage of their cybersecurity journey. Meanwhile, coinciding with the company's Singapore launch, Arctic Wolf also released new data from its State of Cybersecurity: 2025 Trends Report, offering Singapore-specific insights into the evolving threat landscape. The report reveals a shift in cybersecurity priorities, with AI now seen as a greater concern than ransomware among local information technology and security leaders. The data also shows high levels of breach disclosure, a sign of improved transparency and regulatory compliance in the country. With its arrival in Singapore, Arctic Wolf aims to play a key role in advancing the country's cybersecurity readiness and supporting enterprises in navigating increasingly complex threats.
Yahoo
3 days ago
- Business
- Yahoo
Arctic Wolf Expands into Singapore to Meet Rising Demand for AI-Powered Security Operations
Launch continues Arctic Wolf's Asia-Pacific expansion with Ingram Micro serving as inaugural distributor in Singapore EDEN PRAIRIE, Minn., June 04, 2025 (GLOBE NEWSWIRE) -- Arctic Wolf®, a global leader in security operations, today announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region. Trusted by more than 10,000 organisations worldwide, Arctic Wolf is transforming how businesses manage cybersecurity by delivering scalable, outcome-driven solutions through its Aurora Platform and Concierge Delivery Model. With today's launch, organisations in Singapore can now access the company's full suite of capabilities including Aurora Endpoint Security, Managed Detection and Response, Managed Risk, Managed Security Awareness, and Incident Response. 'As organisations struggle with the challenges of the modern threat landscape, we continue to see strong customer demand across the globe for the Arctic Wolf Aurora Platform and the positive cybersecurity outcomes it delivers,' said Nick Schneider, president and CEO, Arctic Wolf. 'We are excited to bring our portfolio of Security Operations solutions to the business and channel communities of Singapore and look forward to working with them to help end cyber risk.' Organisations in Singapore face a perfect storm of cybersecurity challenges, including a rapidly evolving threat landscape, increased regulatory scrutiny, and an ongoing shortage of skilled security professionals. Arctic Wolf helps businesses of all sizes tackle these problems head on by offering a unified, cloud-native platform that pairs AI-driven threat detection with expert guidance and 24x7 monitoring from one of the world's largest commercial Security Operations Centers. Arctic Wolf's partner-first go-to-market model has made it the cybersecurity partner of choice for more than 2,200 solution providers globally, including Ingram Micro, its inaugural distributor in Singapore. Designed to help resellers lead with value, Arctic Wolf's award-winning channel program equips partners with differentiated offerings, predictable revenue opportunities, and the support needed to grow their security practice. Together with Ingram Micro, Arctic Wolf is delivering modern security operations that help customers reduce risk and improve outcomes at every stage of their cybersecurity journey. 'Arctic Wolf and its portfolio of security operations solutions are the ideal fit for our customers looking to improve their security outcomes across the entire cybersecurity framework. Recent high profile security breaches in Singapore have brought security conversations to be front of mind for executives and employees alike across the country. We are proud to be their first distributor in the Singapore region and be able to bring robust security solutions to our clients,' said Eunice Lau, executive managing director, Singapore, Ingram Micro. Singapore Trends Highlight Urgent Security Challenges Coinciding with the company's Singapore launch, Arctic Wolf also released new data from its State of Cybersecurity: 2025 Trends Report, offering Singapore-specific insights into the evolving threat landscape. The findings reveal that artificial intelligence (AI) outranks ransomware as the top concern for IT and security leaders in Singapore, signalling a shift in how organisations perceive and prioritize cyber risk. As emerging technologies introduce new vulnerabilities and attack vectors, the need for effective security operations has never been more critical—helping organisations detect threats earlier, respond faster, and build long-term resilience. Other key findings for Singapore include: Breaches are Common and Transparency is Improving: 70% of businesses disclosed a breach in the past year as they were required to by law, while 23% did so due to requirements from their insurer or an outside entity. This indicates strong regulatory compliance and incident transparency in the country. Significant Attacks Remain Widespread: Malware and business email compromise were the most used methods followed by ransomware and/or data exfiltration. Complexities exist in current cybersecurity stacks: While respondents are satisfied with the firewall and Network Traffic Analysis (NTA) components of their security stacks, 57% cited difficult implementations as a complexity along with lack of efficacy (33%). 'The findings from our 2025 Trends Report make it clear that organisations in Singapore are under growing pressure to advance their cybersecurity maturity,' said David Hayes, Director APAC, Arctic Wolf. 'From managing AI-driven risks to navigating breach disclosure and responding to ransomware, businesses need more than just point solutions, they need a partner with the breadth and expertise to drive meaningful outcomes. We're excited to officially launch in Singapore and bring our full portfolio of security operations capabilities to help organisations reduce risk, strengthen resilience, and accelerate their security maturity.' For additional global insights from Arctic Wolf's State of Cybersecurity: 2025 Trends Report, visit Additional Resources: Join the conversation with Arctic Wolf on Facebook, Twitter, LinkedIn, and YouTube Visit to learn more about our security operations and endpoint solutions If you're ready to get started, request a demo, get a quote, or conduct a Security Operations Maturity Assessment Want to join Arctic Wolf's Partner Program? Apply today About Arctic WolfArctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work! To learn more about Arctic Wolf, visit Press Contact: © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Ingram Micro (INGM): Buy, Sell, or Hold Post Q1 Earnings?
Although the S&P 500 is down 2.4% over the past six months, Ingram Micro's stock price has fallen further to $19.13, losing shareholders 17.9% of their capital. This was partly due to its softer quarterly results and might have investors contemplating their next move. Is there a buying opportunity in Ingram Micro, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it's free. Even with the cheaper entry price, we're swiping left on Ingram Micro for now. Here are three reasons why INGM doesn't excite us and a stock we'd rather own. Examining a company's long-term performance can provide clues about its quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Regrettably, Ingram Micro's sales grew at a sluggish 1.3% compounded annual growth rate over the last five years. This was below our standards. Analyzing the change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Ingram Micro's full-year EPS dropped 20.5%, or 9.8% annually, over the last two years. We tend to steer our readers away from companies with falling revenue and EPS, where diminishing earnings could imply changing secular trends and preferences. If the tide turns unexpectedly, Ingram Micro's low margin of safety could leave its stock price susceptible to large downswings. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. Ingram Micro broke even from a free cash flow perspective over the last five years, giving the company limited opportunities to return capital to shareholders. Ingram Micro falls short of our quality standards. Following the recent decline, the stock trades at 6.3× forward P/E (or $19.13 per share). While this valuation is optically cheap, the potential downside is huge given its shaky fundamentals. There are better investments elsewhere. We'd recommend looking at one of Charlie Munger's all-time favorite businesses. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Channel Post MEA
19-05-2025
- Business
- Channel Post MEA
Ingram Micro Names Matthew Sanderson EVP And President Of EMEA
IT distributor Ingram Micro has announced the promotion of Matthew Sanderson to Executive Vice President and President of Europe, Middle East, and Africa (EMEA) effective June 1, 2025. Sanderson succeeds company veteran Mark Snider, who will retire at the end of the year after a 25-year career with Ingram Micro. With a continued focus on engagement, enablement, and execution, Sanderson will work with his team to accelerate growth, advance digital innovation, and deliver an exceptional customer and partner experience across the region. Additionally, he will join his peers in leading the global expansion of Ingram Micro's digital twin Xvantage and continue executing against the company's vision of serving as the IT industry's top-performing and transformative B2B technology platform. 'Great leaders are inspired to imagine what is possible and lead the teams to deliver on what is important,' notes Paul Bay, CEO of Ingram Micro. 'It's an honor to celebrate Mark's significant contributions to Ingram Micro over the years, across many roles and geographies, and both thank and congratulate him personally and professionally on a well-deserved retirement. Our global business leaders are critical to realizing our strategic vision. Over his thirty-year career at Ingram Micro, Matt has earned recognition as an industry leader across Australia, the UK, and Ireland. We're excited to elevate his role and are confident he'll continue driving growth throughout EMEA—advancing the success of our customers, vendors, and team.' Ingram Micro EMEA Stays Focused on Building SMB Success, Growing its Cloud Business, Expanding Professional Services, and Accelerating Platform Adoption 'This is an exciting time for Ingram Micro as we see the positive impact our talent and technology continue to have on our customers, vendors, and the tech industry at large,' says Sanderson. 'I am honoured to serve as EVP and President of EMEA. I want to thank Mark for his mentorship and leadership, and I look forward to sharing in the growing success of our team, customers, and vendor partners.' 'Looking back on my career at Ingram Micro, I feel immense pride in the lasting legacy we've built as a team and the transformational impact we're making around the globe,' says Snider. 'It has been my privilege to work closely with Matt for many years, and the EMEA region has a bright future ahead under his strong leadership.' 'Matt is a natural and motivating leader who is there to help you excel by every measure,' says Guy Hocking, managing director, Utilize, a UK-based member of and council leader for Ingram Micro's Trust X Alliance. 'It's exciting to see him take the lead for EMEA and use his talent to accelerate our mutual growth at scale.' A proven global leader with three decades of experience at Ingram Micro, Sanderson brings deep expertise in vendor management, sales, marketing, commercial services, and country leadership. Throughout his career, he has progressed through roles of increasing responsibility across the UK, Ireland, Switzerland, Australia, and New Zealand, consistently driving transformation and achieving strong business results. Most recently, Sanderson served for nearly six years as Senior Vice President and Chief Country Executive for the UK, Ireland & Switzerland, where he has led the business through a period of growth and innovation. Under his leadership, Ingram Micro UK earned a Great Place To Work® certification and became a pioneer in the rollout and adoption of Xvantage. 0 0
Yahoo
13-05-2025
- Business
- Yahoo
How ServiceNow became a $200 billion powerhouse: CFO Gina Mastantuono on growth, AI, and strategic expansion
CFOs are called on to understand their business in granular detail while also maintaining a bird's-eye view of the company's financial, operational, and strategic landscape. According to Gina Mastantuono, president and CFO of ServiceNow, the company is positioned as a powerhouse in enterprise technology. 'Last year, we crossed $10 billion in revenue, one of only a handful of software companies ever to do that,' Mastantuono told Fortune. She joined ServiceNow as finance chief in January 2020, after serving as CFO at Ingram Micro and Revlon. Four years ago, ServiceNow's market cap was over $100 billion; it has now surpassed $200 billion, she said. The company has grown from nearly 11,000 employees to about 26,000, and the stock price has nearly tripled, she added. Led by CEO Bill McDermott, ServiceNow was originally known for automating IT support requests. Over the past several years, it has expanded into other fields, notably employee workflows such as HR service delivery and operations, and more recently, customer relationship management (CRM). The move into CRM represents a strategic expansion and puts ServiceNow in competition with companies like Salesforce. ServiceNow, which debuted on the Fortune 500 in 2023 and last year moved up 67 spots, has grown its subscription revenue at a 26% compound annual growth rate from 2020 to 2024, reaching $10.6 billion last year. The company added $2 billion in organic revenue in 2024, ending with $22.3 billion in remaining performance obligations. Seventy percent of existing customers increased their investment, contributing to a 120% net expansion rate. Over the past four years, ServiceNow customers with contract values exceeding $5 million have seen their contracts grow by an average of 40% through upsells and additional services. Its AI experience, Now Assist, surpassed $250 million in average contract value, with a projected $1 billion contribution by 2026. 'I've had a front-row seat for what I think is one of the most remarkable growth trajectories in enterprise tech,' Mastantuono said. During its investor day last week, ServiceNow announced it expects to achieve $12.7 billion in revenue on a constant currency basis in 2025, maintaining a 32% free cash flow margin. Although there's skyrocketing growth, Big Tech companies like ServiceNow have had to navigate a tumultuous market this year, which has brought see-sawing stock prices due to investor concerns over Trump administration tariff policies announced in April, potential cuts to government software spending, and currency fluctuations. Most recently, this week's reversal by the Trump administration from its initial trade strategy spurred stocks to rise. ServiceNow's recent Q1 results—strong earnings, upbeat guidance, and public sector growth—have helped alleviate investor concern, according to Mastantuono. For Q1, the company reported over 30% year-on-year growth in the U.S. public sector, securing six new customers, including one federal agency. Eleven federal contracts exceeded $1 million, up from eight a year earlier; two of those deals topped $5 million. 'The need to modernize and digitize IT across government agencies is still so broad,' Mastantuono said. ServiceNow is doubling down on AI 'agents' that automate workflows for customers. On May 6, the company launched its new AI Control Tower, which encompasses agents, applications, models and new workflows. It also recently announced the acquisition of Moveworks for $2.85 billion. ServiceNow is using its own AI agent products internally, driving $350 million of value across the company and seeing 20% productivity increases across customer, HR, and IT support, Mastantuono said. In a time when the AI race is heating up, she sees this as a competitive advantage. Mastantuono took on the role of president in January, in addition to finance chief. Not only does she meet with clients to help them use the company's products to navigate uncertainty, but she also does the same internally. 'What I'm doing in my new role is ensuring that AI is going to drive real productivity across the organization,' Mastantuono said. A modern CFO's job is to be the business strategist, she said. This story was originally featured on
