The global Managed Services Market is on track to hit a staggering US$ 572.15 billion by 2033, according to the new "Managed Services Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" added to ResearchAndMarkets.com. With a compound annual growth rate (CAGR) of 8.3% from 2025 to 2033, this market growth is driven by the escalating need for scalable IT solutions, heightened infrastructure complexity, and surging demand for outsourced IT services.
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Concentric AI today announced the appointment of Lane Sullivan as its new Chief Information Security and Strategy Officer. In this key role, Mr. Sullivan will lead the company’s cybersecurity program and shape strategic initiatives to align with evolving business security needs. He is dedicated to maintaining Concentric AI’s robust security posture while driving innovative approaches to safeguard sensitive data within complex digital ecosystems.
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Wipro Limited has released its State of Cybersecurity Report 2025, spotlighting the critical role of AI in strengthening cybersecurity amidst escalating threats and budget pressures.
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CompTIA, the global leader in vendor-neutral IT training and certification, is sponsoring the upcoming #SS25HACK hackathon in South Africa—a key event to advance the cybersecurity skills of ICT students, young tech entrepreneurs, and cybersecurity enthusiasts. The hackathon runs alongside the ITWeb Security Summit, a premier annual event for the cybersecurity community.
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As cyber threats grow smarter and more aggressive, organizations adopting cloud-first strategies face unprecedented security challenges. CloudIBN expands its advanced Vulnerability Assessment and Penetration Testing (VAPT) services to safeguard modern multi-cloud, hybrid, and containerized environments. With a focus on proactive risk detection and compliance, CloudIBN empowers businesses to secure their digital infrastructure against evolving cloud threats.
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Cyware, a leader in threat intelligence operationalization, released survey results revealing a significant gap between the perceived importance of threat intelligence and its actual operational implementation. The survey, conducted at RSA Conference 2025 with 100 cybersecurity professionals, highlights challenges in internal collaboration, tool integration, and automation within organizations.
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Lantronix Inc., a global leader in IoT compute and connectivity solutions, announced it has won the 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway. Powered by the Qualcomm IQ-615 processor, SmartLV is the first AI-enabled IoT Edge Compute Cellular Gateway, designed to transform energy management in smart grids and industrial sectors.
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In a significant acknowledgment of its leadership in cybersecurity, Check Point® Software Technologies Ltd. has been named one of America's Best Cybersecurity Companies for 2025 by Newsweek and Statista. This recognition underscores Check Point's commitment to delivering AI-powered security solutions and its dedication to preventing cyber threats and protecting digital trust globally.
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Sift, the AI-driven fraud prevention platform, has unveiled a suite of new features aimed at enhancing identity trust and equipping fraud and risk teams with actionable intelligence for more confident decision-making.
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