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NexOptic Technology Corp. ( CVE:NXO – Get Free Report ) shares fell 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 480,200 shares traded hands during trading, an increase of 387% from the average session volume of 98,644 shares. The stock had previously closed at C$0.03. NexOptic Technology Stock Performance The stock has a market cap of C$3.90 million, a price-to-earnings ratio of -1.00 and a beta of 1.14. The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.02. The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33. NexOptic Technology Company Profile ( Get Free Report ) NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress technological solutions. See Also Receive News & Ratings for NexOptic Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexOptic Technology and related companies with MarketBeat.com's FREE daily email newsletter .Video Interview Platform Market 2024: A Decade of Phenomenal Growth Ahead

USRA Mourns the Loss of Dr. Berrien Moore III, a Distinguished Member of the Board of TrusteesFederal inquiry traced payments from Gaetz, Greenberg to womenDuring an inquiry by Satoshi Hamada from the Party to Protect the People on NHK, Ishiba highlighted the Japanese government’s need for a deeper understanding of global cryptocurrency trends before making such a decision. Prime Minister Ishiba emphasized the challenges the Japanese government faces in fully grasping global cryptocurrency movements, stating, “It is difficult for the government to express its views.” This statement underscores the conservative approach Japan maintains towards volatile and speculative financial strategies adopted by other countries. Under the current Japanese legal framework, cryptocurrencies like Bitcoin are not recognized as foreign exchange assets. This classification stems from prioritizing the stability and liquidity of the nation’s foreign reserves, primarily managed through securities denominated in stable foreign currencies. Ishiba’s comments reinforce this position, pointing to the high volatility inherent in cryptocurrencies as a barrier to their inclusion in Japan’s financial strategies. Internationally, the concept of integrating Bitcoin into national reserves is gaining traction, with personalities such as Strike CEO Jack Mallers speculating on potential U.S. policies and Brazilian Congressman Eros Biondini proposing a strategic Bitcoin reserve. However, Japan’s stance remains wary, aligning its policies more with maintaining economic stability than with pioneering speculative asset incorporation. Conversely, Ripple CEO Brad Garlinghouse suggested that Japan might explore stablecoins, particularly those pegged to the Japanese yen, due to the country’s relatively clear regulatory landscape. Such a move could align with Japan’s rigorous standards for financial stability while integrating advanced blockchain technologies into its financial systems. The debate around Bitcoin’s role as a reserve asset centers heavily on its volatility. Unlike stablecoins or traditional foreign currencies, Bitcoin’s value can fluctuate dramatically, posing a risk to the financial stability that governments like Japan prioritize. Despite these reservations, Japan has been a pioneer in cryptocurrency regulation and adoption, recognizing Bitcoin as legal tender in 2017 and developing a comprehensive regulatory framework that has supported a robust cryptocurrency sector. This cautious yet progressive approach may position Japan as a key player in shaping international standards for integrating digital assets into traditional financial systems. As global discussions on cryptocurrency evolve, Japan’s cautious stance could influence other nations’ policies, stressing the importance of meticulous risk assessment in managing digital assets. Japan’s strategy reflects a balance between safeguarding economic stability and remaining open to technological advancements.Croatia's incumbent president and NATO critic leads in exit poll after presidential election

Oil Filtration System Market Set for Exceptional Growth from 2024 to 2032

South Korea’s leadership crisis will play out in the Constitutional Court, which will decide the fate of President Yoon Suk-yeol and Prime Minister Han Duck-soo, both impeached and suspended from power over a short-lived martial law. Han, who was impeached on Friday, had taken over as acting president from Yoon, impeached on December 14. Finance Minister Choi Sang-mok now becomes acting president under the law. Also on Friday, the court held its first hearing in a case to decide whether to reinstate Yoon or remove him permanently from power. The ruling conservative People Power Party filed a court injunction after the vote to impeach Han, saying a simple majority was not sufficient to impeach an acting president. After being impeached on Dec 14, Yoon’s presidential powers were suspended but he remains in office, retaining his immunity from most charges except insurrection or treason. The Constitutional Court must decide within 180 days whether to remove him from office or reject the impeachment and restore his powers. If it removes Yoon or he resigns, a presidential election must be held within 60 days. Opposition Democratic Party lawmaker Jung Chung-rae, the head of parliament’s Legislation and Judiciary Committee, is leading the case for removing Yoon. Yoon’s legal counsel included former Constitutional Court spokesperson Bae Bo-yoon and former prosecutor Yoon Kab-keun, who appeared at Friday’s hearing. The court is also expected to hold a trial on whether to remove Han from office or restore him to his role. South Korea’s constitution requires six justices to agree on the ouster of an impeached president. But the nine-member court has three vacancies, so the current justices would have to vote unanimously to remove Yoon. The court has said it can deliberate and hear arguments with just six justices. The three vacancies are to be filled by parliament, controlled by the main opposition Democratic Party, which approved three nominees this week, although the ruling People Power Party boycotted them. However, Han refused to appoint the justices without bipartisan agreement, saying to do so would exceed his powers in the acting role. Then the opposition-controlled parliament impeached him. There is precedent for an acting president to appoint a Constitutional Court justice, as when former President Park Geun-hye was impeached in late 2016. In South Korea’s only previous presidential removal by impeachment, the court took three months to oust Park in 2017. This time, the terms of two court justices expire in April, and legal experts predict it may seek to rule before that to minimise uncertainty. On Friday Justice Cheong Hyung-sik of the Constitutional Court said it would move swiftly in the case, considering its gravity. In the past, academics say, the justices have not voted predictably by political leaning but have decided case by case, going by their interpretation of the constitution. Conservative attempts to rally popular support for Yoon are not expected to affect the court’s ruling, as Park was removed from office despite continued conservative rallies to keep her in power, warring with candlelight rallies seeking her removal. In the case of Park, who like Yoon was from a centre-right party, the court voted unanimously to remove her, including some justices viewed as conservative and two Park appointees. Yoon also faces criminal investigations related to the martial law decision. If charged, he could ask the Constitutional Court to suspend the 180-day clock on the impeachment ruling. The court denied a similar request by Park. In 2004, then-President Roh Moo-hyun, from a centre-left party, was impeached for falling short of the political neutrality required of a high public official, but finished his five-year term after the court rejected the motion within two months. - Reuters( MENAFN - GetNews) MIAMI - December 16, 2024 - KEO World (KEO), a fintech leader in B2B digital payments and inventory financing, today announced that it has taken a significant step in its expansion. Through a partnership agreement with BTG Pactual bank S.A., the largest investment bank in Latin America, KEO World will expand its operations in the Brazilian market. As part of the partnership, KEO's Workeo solution , in collaboration with the Amex Business Link Platform, can help thousands of medium and large businesses in Brazil digitize their B2B invoice payments, which can resulting significant cost efficiencies and increased purchasing power. Founded in 2020, KEO has experienced rapid growth. KEO's Workeo solution, powered by KEO's flagship credit processing, provides businesses with a working capital line of credit through a digital wallet within a multi-product payment and billing rails, available via Amex Business Link. Additionally, KEO offers its own proprietary blockchain payment rails, known as KEO Rails , to help make payments even easier. "We are delighted to have agreed to this partnership agreement with one of the largest financial institutions in South America, which will allow us to increase the reach of our B2B digital payments program and provide financing to many more companies in Brazil," said Paolo Fidanza , Founder and CEO of KEO. "In a market where less than 10% of total traditional credit is extended to SMEs, our Workeo product enables business buyers to access core inventory on credit and suppliers to increase their recurring sales, enhancing working capital management through a fully digital, frictionless, and low-cost financing and cash management platform thanks to our innovative payment rails, credit processing, and the American Express network." "Expanding the value proposition of the Amex Business Link platform is one of our priorities so that buyers and suppliers can make real-time decisions that optimize their working capital and improve their operational-administrative and reconciliation processes. Thanks to this expansion, companies in Brazil will be able to access an innovative and 100% digital ecosystem that offers digital payment and billing tools for local and international transactions", said René Centeno, American Express, Supply Chain Solutions Global Head. About KEO World Founded in 2020, KEO World is a leading innovator of technology-based financial solutions with a mission to provide businesses with digital, seamless and secure ways to finance their supplies and increase efficiency in their cash flow. KEO is headquartered in Miami, Florida, with operations in the US, Canada, Mexico, and throughout Latin America. The company was the first non-bank financial institution to receive an American Express issuing license. To learn more, visit . About American Express American Express is a globally integrated payments company that provides customers access to products, insights, and experiences that enrich lives and build business success. Learn more at americanexpress and connect with us at facebook/americanexpress instagram/americanexpress, linkedin/company/american-express, twitter/americanexpress and youtube/americanexpress. American Express® is a brand of American Express. Workeo is issued by KEO World S.A. de C.V., SOFOM, E.N.R. under license from American Express. KEO presents Workeo, a credit solution through the Amex Business Link platform. MENAFN16122024003238003268ID1108999823 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

( MENAFN - EIN Presswire) KELOWNA, BRITISH COLUMBIA, CANADA, December 16, 2024 /EINPresswire / -- WTFast, a leader in online gaming optimization, has partnered with TP-Link to bring WTFast technology to TP-Link Gaming routers. TP-Link, a global leader in networking solutions, is excited to announce that the TP-Link GXE75 is now officially available for purchase in the United States through Amazon. This collaboration is focused on enhancing the online gaming experience for users. WTFast's advanced Technology reduces lag, latency, and packet loss, optimizing Network connections specifically for gaming. By incorporating WTFast's solutions into TP-Link Gaming routers, gamers can expect smoother gameplay, improved responsiveness, and fewer connection issues. The GXE75 also boasts: ● 5.4 Gbps Tri-Band Wi-Fi: Up to 5.4 Gbps Tri-Band WiFi enables your devices always ready for the fiercest battles brand new 6 GHz band provides exceptional bandwidth and congestion-free channels exclusive to Wi-Fi 6E devices. ● 2.5G Multi-Gigabit Port: Supercharge your gaming network with the Archer GXE75 featuring a lightning-fast 2.5G WAN port and four 1G LAN ports for unrivaled speed and seamless multiplayer gaming. ● 4× Optimally Positioned Antennas: Enjoy uninterrupted gaming in every corner of your home with 4× optimally positioned antennas, proprietary Wi-Fi optimization, and Beamforming technology. Availability: The TP-Link GXE75 is now available for purchase on Amazon US, bringing advanced connectivity and reliability to American consumers. About WTFast: WTFast is a leading provider of gaming network optimization solutions. Their technology reduces lag, latency, and packet loss, ensuring a smooth gaming experience for users worldwide. About TP-Link: TP-Link is a global multinational group involved in consumer networking, consumer electronics, business networking and security, software, and cloud services. TP-Link delivers reliable, high-performance, convenient products and services to users in over 170 countries and regions. Marketing WTFast ... Visit us on social media: Facebook X LinkedIn Instagram YouTube TikTok Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN16122024003118003196ID1108999806 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Calling all beauty fans. Boots has kicked off one of its biggest sales of the year, offering up to 60% off bestselling products. If you fancy bagging popular buys for less or want to stock up on future gifts for loved ones, the Big Boots Sale includes thousands of items from brands like Estee Lauder, Sol de Janeiro, No7, Dyson and Oral-B. The deals can be found both in stores and online, while stocks last. The high street retailer is usually extremely generous with its offers and there are now plenty of savings to be had on beauty sets. This includes 50% off the No7 Ultimate Beauty 9 Piece Collection - now £42.50, was £85. The set is worth a whopping £136, containing 9 No7 must-haves. Read more: Victoria Beckham's 'amazing' concealer that 'doesn't settle into fine lines' Read more: 'I'm a beauty writer and my curls last for days using this Remington hair tool now £17' The Ultimate...

2025 Personal Finance Updates: Key changes to know and plan ahead; visa, credit card, EPFO, fixed deposits, UPI, more‘What’s going to happen to my kids’: California prepares to resist Trump deportationsAt least two ambulances and Secret Service vans were seen outside President-elect Donald Trump's Mar-a-Lago resort on Thursday. As per reports, they were a part of VP-elect JD Vance's motorcade. Andrew Feinberg, the White House correspondent for the Independent, posted an update later that it was part of JD Vance's motorcade and was at the President-elect's residence as part of a routine exercise. "False alarm," he said. "Go about your business." Photos of the ambulances and vans at the President-elect's Palm Beach, Florida resort were shared on social media. It showed the cavalcade leaving the resort after the routine procedure was over. Here's the photo: Steven Cheung, advisor to the 78-year-old President-elect, reacted to the news on X, calling Feinberg, who first broke the story of the cavalcade leaving Mar-a-Lago, a "fu***** dummy." "The press has set up a fake, unofficial 'pool' because they want to feel important about themselves," Cheung wrote. "In this case, some idiot at CBS overreacted and set off the fire alarm for no reason thinking they were going to get the scoop of a lifetime." "Fu***** dummy," he added. On the betting platform Polymarket, the section of 'other' in the odds for who will take oath on January 20, 2025, as the next president of the United States, shot up significantly - from 2% to 7% after the news about Secret Service leaving the Mar-a-Lago surfaced on social media. This is a developing story. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world.

Trump touts $100 bn SoftBank investment, vowing 100,000 jobs

( MENAFN - GetNews) "SGS(Switzerland), DEKRA(Germany), Intertek(UK), Bureau Veritas(France), DNV GL(Norway), TUV SUD(Germany), UL Solutions(US), Eurofins Scientific (Luxembourg), TUV NORD(Germany), Element(UK), Keysight(US), BSI(UK), TUV Rheinland(Germany), EY Certifypoint(Netherlands), A-Lign(Florida), HITRUST(US), Schellman(US), Coalfire Certification(US)."Cybersecurity Certification market by Certification Category (Cloud Security, Information Security, AI Certifications), Target User (Individual Professionals and Enterprises), Delivery Mode (Online and in-person) - Global Forecast to 2030. The global Cybersecurity Certification market is expected to grow from USD 3,987.6 million in 2024 to USD 8,033.5 million by 2030, registering a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. The increasing sophistication of cyber threats, coupled with a shortage of skilled professionals, is driving the demand for cybersecurity certifications. Organizations are turning to certification programs to upskill their workforce, enabling employees to effectively address emerging risks. Additionally, stringent regulations like GDPR mandate certified teams for robust risk management, further fueling the adoption of these programs. Cybersecurity certifications not only strengthen an organization's security posture but also enhance employees' skills and confidence in managing advanced cyber risks. This growing need for protection and preparedness is encouraging more companies to invest in cybersecurity certifications. Download PDF Brochure@ By Vertical, the IT & ITeS segment will account for the largest market size. The high reliance on technology makes this segment IT and ITeS the leader in the cybersecurity certification market, with information security as a key concern as it is the sector that is most susceptible to sophisticated cyberattacks. The rising frequency of threats like ransomware and phishing call for more certified professionals in skills areas such as cloud computing and AI security. This usually becomes highly observable and is facilitated by the mandate of regulatory compliance, which requires adherence to frameworks such as GDPR and HIPAA through their respective certifications. Moreover, rapid technology integration into business processes introduces security loopholes; hence, continuous learning and specialized certifications are required to build a skilled workforce that can efficiently tackle risks. By Delivery Mode, the Online sector is estimated to have the highest CAGR during the global forecast. Online segment is leading the cybersecurity certification market growth due to adaptability, accessibility, and cost-effectiveness of the same. High-speed internet eliminates geographical barriers and opens up the world to engage into many courses. Flexible learning accommodates personal and professional obligations, while the shortage of cybersecurity skills globally is driving demand for scalable online training. The pandemic hastened the adoption of virtual education usage and, thus, became the new norm. Online programs are more affordable, contain real-time updates of content, and use interactive formats like multimedia and simulations for better learning. Specialized certifications attract targeted learners for continuous professional development and updated skills for professionals to handle better emerging cyber threats. "By region, In North America, US is projected to have the largest market during the forecast period." The US dominates the cybersecurity certification market as it is in need of lots of expert professionals in mitigating increasing and sophisticated cyber threats. New vulnerabilities arising from the implementation of the coming next-generation technologies such as cloud computing, AI, and IoT call for specific training and certifications. There has been significant investment in the training of cybersecurity at organizations. This is mainly due to a growing realization of threats and a strong commitment to protecting digital assets. A robust security ecosystem by cybersecurity firms in the US, the shift to remote work expanded its attack surface, and continuous learning and managed security services further buttress the upward trend in demand for certifications. Request Sample Pages@ Unique Features in the Cybersecurity Certification Market The cybersecurity certification market offers a diverse array of certifications catering to different skill levels and specialties. From foundational certifications like CompTIA Security+ to advanced ones such as CISSP, CISM, and CEH, professionals can choose programs tailored to their career paths and organizational needs. A unique aspect of this market is the availability of both vendor-specific certifications, such as Cisco's CCNA Cyber Ops, and vendor-neutral certifications, like those offered by (ISC)2 and ISACA. This variety allows individuals and organizations to focus on technologies relevant to their ecosystems or adopt broader, technology-agnostic skillsets. Modern cybersecurity certification programs increasingly incorporate practical, hands-on training through simulated environments, labs, and real-world scenarios. This feature ensures that certified professionals are well-prepared to handle actual cyber threats and incidents effectively. Many certifications are designed to align with global compliance and regulatory frameworks such as GDPR, HIPAA, and ISO/IEC 27001. These programs help organizations meet regulatory requirements and strengthen their governance, risk, and compliance (GRC) strategies. Certifications now cover specialized areas like cloud security, AI-driven threat analysis, blockchain security, and IoT protection. This evolution reflects the growing need for expertise in safeguarding next-generation technologies against cyber threats. Major Highlights of the Cybersecurity Certification Market A global shortage of skilled cybersecurity professionals is driving the demand for certifications. Organizations are relying on certification programs to reskill and upskill their workforce, ensuring employees are equipped to handle sophisticated cyberattacks effectively. Regulations such as GDPR, HIPAA, and CCPA are compelling organizations to adopt cybersecurity certifications to meet compliance standards. Certified teams play a critical role in mitigating risks, securing sensitive data, and adhering to industry-specific legal frameworks. Cybersecurity certifications not only strengthen organizational security frameworks but also boost employee confidence and expertise. These programs empower individuals to handle advanced cyber risks, fostering a culture of preparedness and resilience within organizations. The market is witnessing increased adoption of specialized certifications in areas like cloud security (e.g., AWS Certified Security), ethical hacking (e.g., CEH), and advanced threat analysis (e.g., GIAC Certifications). This trend reflects the growing need for niche expertise in combating specific cybersecurity challenges. Industries such as BFSI, healthcare, and IT are leading adopters of cybersecurity certifications. These sectors face heightened security risks and compliance demands, making certified professionals essential for maintaining trust and operational integrity. Inquire Before Buying@ Top Companies in the Cybersecurity Certification Market The major players in the Cybersecurity Certification market with a significant global presence SGS(Switzerland), DEKRA(Germany), Intertek(UK), Bureau Veritas(France), DNV GL(Norway), TUV SUD(Germany), UL Solutions(US), Eurofins Scientific (Luxembourg), TUV NORD(Germany), Element(UK), Keysight(US), BSI(UK), TUV Rheinland(Germany), EY Certifypoint(Netherlands), A-Lign(Florida), HITRUST(US), Schellman(US), Coalfire Certification(US), DQS(Germany), Control Case(US), ISC2(US), Infosec Train(India), EXIDA(US), ISASecure(US), ISACA(US), CompTIA(US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the Cybersecurity Certification market. The organic and inorganic strategies have further helped the market players to expand globally. SGS SGS is a global leader in inspection, verification, testing and certification. The company has around 99,600 professionals working in 2,600 offices and labs. SGS offers a wide range of cybersecurity services, such as certifications: ISO/SAE 21434, conformity with the EU Cybersecurity Act, and compliance with standards like ETSI EN 303 645 and NIST IR 8259A. Other services that SGS offers include consulting, training, gap analysis, penetration testing. Serving sectors like automotive, IoT, industrial automation, healthcare, and smart grids, SGS addresses unique industry challenges, offering lifecycle security, IEC 62443 compliance, and sensitive data protection, enhancing trust and security postures. Dekra DEKRA delivers comprehensive cybersecurity assessment and certification services for connected vehicles in automotive, IoT, ICT, healthcare, industrial automation, and cloud services. Its standards compliance is through ISO/SAE 21434 for connected vehicles, ETSI EN 303 645 for IoT devices, and Common Criteria (ISO 15408) for ICT systems. DEKRA helps companies deal with industry-specific challenges such as AI, remote security, and penetration testing, along with cybersecurity surveillance and tailored training. DEKRA is supporting regulatory compliance with innovative methods such as drone-based infrastructure assessment and integration of cybersecurity into corporate responsibility, while strengthening defenses against evolving threats and establishing a sustainable market position under the Strategy 2025. MENAFN16122024003238003268ID1108999885 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Cuts to community services are feared as a new poll shows one in three charities unsure of their survival. A poll of 56 leaders and chief executives of key charity and not-for-profit organisations found 37 per cent were more uncertain about their body's future than three years ago. Only 55 per cent of respondents to the survey, conducted by Piazza Research in September, were somewhat or highly confident their organisation's future was in hand. The findings signalled a need for stronger government support, said the Community Council of Australia which commissioned the report. "When more than a third of charities are talking about having an uncertain future, you're highlighting a high level of unmet need," chair Tim Costello said. "That can only mean frustration for charities and the communities they serve." Some 93 per cent of respondents expect the cost of their operations to worsen over the next year. Among the biggest challenges identified are competition for resources such as funding, skilled staff, and volunteers (73 per cent), economic downturns (71 per cent), environmental factors including climate change and natural disasters (56 per cent) and social and demographics trends (52 per cent). There was some hope of technological advancements (27 per cent) and positive attitude shifts from funders (16 per cent) but they were outweighed by broader concerns. The sector employs more than 1.4 million Australians, mobilises 3.5 million volunteers and turns over more than $200 billion each year. Some charities might have to consider withdrawing some of their services to survive, the council's chief executive David Crosbie said. "For years charities have been saying the real costs of providing services to our communities is much higher than the funding being provided," he said. "This new research reinforces previous findings that the biggest issue confronting charities is the lack of support to meet rising costs and increasing demand." The Salvation Army is one charity in particular that is feeling the heat of surging demand amid the festive season. A separate poll of 2004 people by Pureprofile on behalf of the Salvos suggests 6.3 million Australians (29.9 per cent) will struggle to pay their rent or mortgage this Christmas. More than one in three (35.8 per cent) of those surveyed said they will have less people over on Christmas Day due to the cost-of-living crisis and 9.3 per cent are reaching out to charity for help this Christmas, including 54 per cent for the first time. Major Bruce Harmer said the charity had never seen such volume and widespread need across the country in its 140-year history. "It is truly heartbreaking to see the despair and devastating decisions Australians are having to make in order to provide for their families this Christmas," he said. "As we see the devastating results of this research, we are reminded that every number and statistic represents real people, and we see that every day of the year amongst those who reach out to the Salvos for support."

Is Verstappen the GOAT? Four-time champ now among F1's greats

( MENAFN - GetNews) "AWS (US), Microsoft (US), IBM (US), Oracle (US), Dell Technologies (US), Quantum Corporation (US), Huawei (China), HPE (US), Veritas (US), Veeam (Switzerland), Hitachi Vantara (US), Cohesity (US), Acronis (Switzerland), Druva (US), Cloud4C (India)."Data Protection as a Service market by Service Type (Backup as a Service, Storage as a Service, Disaster Recovery as a Service, Data Archiving, Other Services), Deployment mode, Organization Size, Vertical and Region - Global Forecast to 2030. The Data Protection as a Service (DPaaS) market is valued at an estimated USD 26.04 billion in 2024 and is expected to grow to USD 74.91 billion by 2030, reflecting a CAGR of 19.2% during the forecast period. This growth is fueled by the increasing complexity of data management and the rising demand for scalable, secure, and seamless data protection solutions. Businesses are adopting innovative technologies to address challenges like data sprawl, cloud migration, and regulatory compliance. Key advancements transforming the DPaaS landscape include automated backup orchestration, multi-cloud compatibility, and AI-driven threat detection, particularly in sectors such as BFSI, healthcare, and government. The market's growth is further driven by the surge in ransomware attacks, stringent data privacy regulations, and the growing adoption of hybrid IT environments. However, challenges such as cross-platform interoperability, high implementation costs, and latency in cross-cloud operations remain. Despite these obstacles, the DPaaS market is poised for substantial growth as it simplifies infrastructure management, enhances resilience against cyber threats, and ensures business continuity with minimal downtime. Download PDF Brochure@ Data protection as a service is gaining popularity due to its cost-effectiveness and efficiency in data security. Data protection services offer storage and backup services to secure sensitive information, ensure compliance, and mitigate risks associated with data loss or breaches. In addition, Data protection as a service also helps organizations ensure business continuity and performance and meet regulatory needs. Some vendors are utilizing capabilities of advanced technologies in data protection services. Key drivers for the Data protection as a Service include the growing number of cyber attacks and large volume of data generated due to digitization. Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period. Large enterprises have substantial financial and human resources and can afford to invest heavily in data protection as a service. They deal with massive amounts of data, this data often includes sensitive information subject to strict regulatory requirements, making its protection a top priority. As a result, the adoption of DPaaS is growing among large enterprises. Data protection as a service also helps large enterprises reduce the cost of security measures and disaster recovery plans. Large organizations handle critical operations, and disruption in these operations can lead to huge losses. In such scenarios, disaster recovery as a service helps to store their important data in third-party servers and keep the operations running in case of unexpected disasters. By leveraging DPaaS, enterprises can focus on their core operations while ensuring robust data protection and minimizing operational disruptions. By Vertical, Healthcare vertical is expected to grow at the highest CAGR during the forecast period. Healthcare sector has witnessed a rapid digitization in recent years. Healthcare sector deals with critical data related to Electronic Patient Medical Records, Insurance And Billing Information, Health Records (EHR), Hospital Administration Data and Public Health Data. Protecting this data is first priority due to its sensitive nature. The HIPAA Journal reports that 2023's most significant data breach occurred at HCA Healthcare, affecting approximately 11.3 million individuals. Over the course of the year, a staggering 124 million healthcare records were compromised, highlighting the widespread impact of cyberattacks on the industry. Due to such incidents, regulations like HIPPA and GDPR poses strict compliance requirements in the industry. By deployment mode, the public cloud will grow at the highest market size during the forecast period. The public cloud deployment holds the major market share in the Data Protection as a Service as it offers benefits such as data security, customization, and low cost. It allows enterprises to have complete control over all the sensitive data, particularly in cases of businesses that are compelled by stringent privacy regulations and data-privacy policies to retain their data within a cloud environment. Public cloud deployment also enables organizations to customize the software functionalities according to their requirements and workflows. Many organizations also benefit from easier integration with legacy systems and established IT infrastructure. These factors, combined with affordable price options, make public cloud deployment the preferred choice for many. By region, Asia-Pacific accounts for the highest CAGR during the forecast period. Asia Pacific region is expected have highest market size in Data protection as a Service because of rapid industrialization, technological development, and rising demand in various growing sectors. Economic growth and urbanization in China and India have caused an increased adoption of DPaaS in industries such as BFSI, healthcare, IT and retail & eCommerce. Technological advancements in AI, ML, and encryption technologies improve DPaaS. Government policies such as smart cities accelerating market growth boost technological development and infrastructure readiness. There is also a growing awareness in the corporate sector about cyber security awareness. China is expected to dominate this market, whereas India is expected to grow at a high rate due to the development of automobile industries and infrastructure development. Request Sample Pages@ Unique Features in the Data Protection as a Service Market DPaaS solutions offer advanced automation for data backup and recovery processes, ensuring minimal manual intervention. Automated orchestration streamlines complex workflows, enabling businesses to manage backups efficiently across multiple environments, reducing downtime and human errors. A standout feature of DPaaS is its seamless integration with multi-cloud environments. Organizations can leverage this flexibility to optimize their storage and data protection strategies across different cloud providers, ensuring data accessibility and redundancy without vendor lock-in. Incorporating artificial intelligence, DPaaS systems can proactively detect, analyze, and mitigate potential cybersecurity threats. This intelligent feature enhances resilience against ransomware and other attacks by identifying anomalies in real-time and deploying immediate countermeasures. DPaaS platforms are designed to align with stringent regulatory requirements, such as GDPR, HIPAA, and CCPA. They provide features like audit trails, data encryption, and access control, helping organizations meet compliance standards while ensuring robust data protection. One of the unique selling points of DPaaS is its scalability. Businesses can expand or reduce their data protection needs on demand, ensuring cost-efficiency. The pay-as-you-go model provides flexibility, especially for organizations with fluctuating data volumes. Major Highlights of the Data Protection as a Service Market Businesses are seeking scalable and flexible data protection solutions to address the challenges of expanding data volumes, multi-cloud environments, and hybrid IT infrastructure. DPaaS offers tailored solutions to meet these demands, allowing organizations to adapt quickly to changing business needs. Innovations such as AI-driven threat detection, automated backup orchestration, and multi-cloud compatibility are reshaping the DPaaS landscape. These technologies enable organizations to enhance their cybersecurity posture, improve data management efficiency, and achieve greater operational resilience. Sectors such as BFSI, healthcare, and government are leading the adoption of DPaaS, driven by stringent regulatory requirements and the critical need for data security. These industries benefit from advanced compliance-focused features, ensuring alignment with laws like GDPR, HIPAA, and CCPA. The growing frequency and sophistication of ransomware attacks and data breaches have accelerated the demand for robust data protection services. DPaaS solutions are becoming indispensable for mitigating these threats, ensuring data integrity, and reducing the financial and reputational risks associated with cyber incidents. Increasingly stringent data privacy regulations worldwide are compelling organizations to invest in comprehensive data protection services. DPaaS providers are integrating compliance-centric features such as encryption, secure data transfer, and audit capabilities to meet regulatory demands. While the DPaaS market offers significant advantages, challenges such as interoperability across platforms, high implementation costs, and latency in cross-cloud operations persist. Overcoming these hurdles is key to unlocking the full potential of DPaaS. Inquire Before Buying@ Top Companies in the Data Protection as a Service Market The major players in the DPaaS market with a significant global presence are AWS(US), Microsoft (US), IBM (US) , Oracle (US), DELL Technologies (US), Quantum Corporation (US), Huawei (China), HPE (US), Veritas (US), Hitachi Vantara (US), Veeam (US), Cohesity (US), 11:11 Systems (US), Acronis (Switzerland) , Druva (US), Cloud4C (Singapore), Cyfuture (India), Tierpoint (US), Quest Technology Management (US), NxtGen Data center & Cloud Technologies (US), Zerto (US), Secure Agility (Aaustralia) , Infrascale (US), Asigra (Canada), Cloudian (US), HYCU (US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the DPaaS market. AWS (US): AWS in DPaaS market delivers a range of cloud-based solutions designed to ensure secure and scalable, cloud-based compliance data management. Services such as AWS Backup, AWS IAM, and Amazon S3 offer highly secure encryption. AWS delivers end-to-end data protection for domains from finance, healthcare, to government. It integrates advanced security features, including automated compliance checks, encryption at rest and in transit, and machine learning-driven threat detection via services like Amazon Macie and AWS Security Hub. The platform supports hybrid and multi-cloud environments, enabling organisations to maintain data sovereignty and adhere to regulations such as GDPR and HIPAA. AWS's focus on innovation includes disaster recovery, automated backup orchestration, and real-time monitoring capabilities, making it a preferred choice for businesses seeking secure, efficient, and compliant data protection strategies. Microsoft (US): Microsoft through its Azure platform, offers cutting-edge data protection solutions to various industries such as automotive, retail, and also public sectors. These services deal with back up and disaster recovery as well as regulatory compliance through services like Azure Backup, Azure Site Recovery, and Azure Policy. Microsoft leverages AI and machine learning to power intelligent threat detection, anomaly detection, and automated compliance management. Hybrid capabilities through Azure Arc enable tight connections of on-prem environments with the cloud without any trade-off in challenges regarding multi-cloud management. Besides managing multi-clouds, Azure is a place that is committed towards data sovereignty through globally distributed data centers and compliance certifications towards GDPR, HIPAA, and CCPA. With continuous investments in innovation, Microsoft has DPaaS offerings that focus on reducing downtime, data availability, and recovery process simplification with the objective of empowering businesses with secure, reliable, and scalable solutions. MENAFN16122024003238003268ID1108999884 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Georgia Rallies Past South Carolina State for Best Start in 94 YearsDuring an inquiry by Satoshi Hamada from the Party to Protect the People on NHK, Ishiba highlighted the Japanese government’s need for a deeper understanding of global cryptocurrency trends before making such a decision. Prime Minister Ishiba emphasized the challenges the Japanese government faces in fully grasping global cryptocurrency movements, stating, “It is difficult for the government to express its views.” This statement underscores the conservative approach Japan maintains towards volatile and speculative financial strategies adopted by other countries. Under the current Japanese legal framework, cryptocurrencies like Bitcoin are not recognized as foreign exchange assets. This classification stems from prioritizing the stability and liquidity of the nation’s foreign reserves, primarily managed through securities denominated in stable foreign currencies. Ishiba’s comments reinforce this position, pointing to the high volatility inherent in cryptocurrencies as a barrier to their inclusion in Japan’s financial strategies. Internationally, the concept of integrating Bitcoin into national reserves is gaining traction, with personalities such as Strike CEO Jack Mallers speculating on potential U.S. policies and Brazilian Congressman Eros Biondini proposing a strategic Bitcoin reserve. However, Japan’s stance remains wary, aligning its policies more with maintaining economic stability than with pioneering speculative asset incorporation. Conversely, Ripple CEO Brad Garlinghouse suggested that Japan might explore stablecoins, particularly those pegged to the Japanese yen, due to the country’s relatively clear regulatory landscape. Such a move could align with Japan’s rigorous standards for financial stability while integrating advanced blockchain technologies into its financial systems. The debate around Bitcoin’s role as a reserve asset centers heavily on its volatility. Unlike stablecoins or traditional foreign currencies, Bitcoin’s value can fluctuate dramatically, posing a risk to the financial stability that governments like Japan prioritize. Despite these reservations, Japan has been a pioneer in cryptocurrency regulation and adoption, recognizing Bitcoin as legal tender in 2017 and developing a comprehensive regulatory framework that has supported a robust cryptocurrency sector. This cautious yet progressive approach may position Japan as a key player in shaping international standards for integrating digital assets into traditional financial systems. As global discussions on cryptocurrency evolve, Japan’s cautious stance could influence other nations’ policies, stressing the importance of meticulous risk assessment in managing digital assets. Japan’s strategy reflects a balance between safeguarding economic stability and remaining open to technological advancements.Finward Bancorp Announces Fourth Quarter Dividend