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Qumulo and iTernity Announce New Partnership at HPE Discover More Munich

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Joint Solution Enables Organization to Meet Data Visibility, Security, and Compliance Standards for Archived Data

MUNICH–(BUSINESS WIRE)–Qumulo, the leading provider of enterprise-proven hybrid cloud file storage, today announced a partnership with iTernity, the leading provider of software-defined archiving solutions, to solve the challenges of modern data archiving. With the combined solution of Qumulo’s Active Archive Storage and iTernity’s iCAS middleware, organizations are able to store their growing data volumes in a compliant, scalable and cost-efficient manner. Qumulo and iTernity will showcase their partnership and solutions at the upcoming HPE Discover More Munich event from Dec. 3-4, 2019.

Massive file data growth, quickly evolving storage technologies, as well as strict regulatory requirements and privacy needs are the primary challenges businesses face when it comes to long-term data storage. Organizations need to safeguard their data, whether it is customer or patient information, financial records, employee documents, or other critical business data. It is also necessary to preserve data integrity while ensuring quick access to data.

The partnership between Qumulo and iTernity enables enterprises to eliminate data silos and vendor lock-in, ensuring flexible and independent data archiving. iTernity’s software-defined approach for data management and integrity protection of large unstructured data sets addresses regulatory compliance requirements according to GDPR, HIPAA, SOX, and SEC 17a-4, enabling simplified, scalable and cost-efficient archiving. Qumulo’s Active Archive Storage is among the most efficient, high performing nearline archive systems available. It offers the economics of archive storage with built-in intelligent read/write cache to deliver the performance needed for billions of files accessed by hundreds, or even thousands, of users.

“As the relationship between Qumulo and iTernity has grown, our mutual customers have realized the massive benefit of our joint solution. Together our technologies break up archive silos, which were historically driven by very cost-intensive vendor lock-ins, to create a unified archive that accommodates files regardless of their quantity or size,” Thore Rabe, vice president and general manager, EMEA at Qumulo.

“The partnership between Qumulo and iTernity responds to the growing demand for compliant archiving solutions that focus on flexibility and scalability. Our software solution iCAS is certified by KPMG for GDPR- and SEC 17a-4-Compliance. Additionally many large software vendors have certified iCAS for more than 120 business applications, opening up a huge variety of use cases for our joint customers. Together with Qumulo, we offer a cost-efficient archive storage solution for rapidly growing data volumes – whether they are stored on-premise or in the cloud,” adds Daniel Glass, Sales Director at iTernity.

Qumulo’s Active Archive Storage is among the most efficient, high performing nearline archive systems available. It offers the economics of archive storage with built-in intelligent read/write cache to deliver the performance needed for billions of files accessed by hundreds, or even thousands, of users.

iTernity iCAS is a flexible and scalable archive solution for all types of business data. The middleware protects the integrity and availability of critical data and manages storage-level retention policies. The software-defined iCAS solution is purpose built for compliance, data integrity protection and maximum flexibility – independent of the utilized hardware.

To set up an onsite meeting with Qumulo at HPE Discover More Munich, or for more information about its hybrid cloud file storage, click here.

Resources

Qumulo Active Archive Storage
iTernity iCAS
Qumulo Joins Active Archive Alliance
Value of Archive Data Blog Post

About Qumulo, Inc.

Qumulo is the leader in hybrid cloud file storage, providing real-time visibility, scale and control of your data across on-prem and cloud. Qumulo’s real-time analytics enable customers to understand their storage at a granular level, detect bottlenecks and accelerate performance. Built to scale across data center and cloud, Qumulo enables programmatic configuration and management of usage, capacity and performance. Qumulo’s innovative approach continuously delights customers with new capabilities, 100 percent usable capacity and direct access to experts. For more information, visit www.qumulo.com.

iTernity is a leading provider of compliant archiving solutions, enabling organizations to securely retain their business data for the long term. Its Software-Defined Archiving approach is the foundation for future-proof data storage and legally compliant archiving, providing hardware independence, flexibility, and integrity protection at low cost.

As a GDPR-compliant archive storage solution, iTernity iCAS protects the integrity and availability of important data and manages retention policies at the storage level. For more information visit www.iternity.com.

Qumulo and the Qumulo logo are registered trademarks or trademarks of Qumulo, Inc. All other marks and names herein may be trademarks of other companies. Copyright © 2019. All Rights Reserved.

Contacts

Press Contact at Qumulo:
A3 Communications for Qumulo

Federica Monsone

qumulo@a3communicationspr.com
+44 1252 875 203

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Business Wire

Shortages of Low-Skill, Middle-Skill, and High-Skill Workers Causing Revenue Declines and Other Headaches for Employers, TrueBlue’s Latest Study Finds

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TACOMA, Wash.–(BUSINESS WIRE)–While there has been a lot of discourse around the shortage of high-skill workers in the U.S., a new study by staffing giant TrueBlue shows a significant percentage of employers are also struggling with deficits in low-skill and middle-skill workers – and dealing with a host of business challenges as a result.

According to TrueBlue’s nationwide survey, which included nearly 1,500 managers (HR, operational, and business), skills shortages are widening across skills categories:

  • 32% of managers can’t find workers to fill low-skill positions (generally classified as those that may or may not require a high school diploma and require little to no experience)
  • 46% can’t find workers for middle-skill jobs (typically require some experience and continuing education such as college courses, an apprenticeship or certification, but don’t necessarily require a four-year college degree)
  • 35% can’t find workers for high-skill jobs (typically require a four-year degree or higher and specialized experience)

Low unemployment coupled with globalization, accelerated technology advancement, and evolving work models are creating talent deficits across all skill levels within organizations,” said Patrick Beharelle, CEO of TrueBlue. “The skills supply is not keeping up with demand, which is fueling a greater intensity in an already competitive labor market and adversely impacting productivity, service quality, and revenue growth for businesses.”

Impact of Talent Shortages on Businesses

The top three business challenges managers are experiencing due to prolonged job vacancies within their organizations include:

  • Quality – More than a third of managers (35%) reported that extended job vacancies have caused lower product or service quality.
  • Turnover – 25% have seen higher employee turnover.
  • Revenue – 23% said their companies experienced a decline in revenue.

To address talent shortages and minimize associated business impact, 2 in 5 companies (41 percent) reported that they plan to raise compensation for entry-level workers and nearly half (46 percent) plan to train and hire the long-term unemployed in the coming year.

Survey Methodology

This SurveyMonkey survey was conducted online in the U.S. by TrueBlue between September 23 and October 15, 2019. It included 1,499 managers (HR, operations and general). The survey was across regions, industries, and company sizes.

About TrueBlue

TrueBlue (NYSE: TBI) is a global leader in specialized workforce solutions that help clients achieve business growth and improve productivity. In 2018, the company connected approximately 730,000 people with work. TrueBlue’s PeopleReady segment offers on-demand industrial staffing services, PeopleManagement offers contingent and productivity-based, on-site industrial staffing and driver staffing services, and PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries. Learn more at www.trueblue.com.

Contacts

Jennifer Grasz

Vice President, Corporate Communications

jgrasz@trueblue.com
(312) 840-6327

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Business Wire

Law Firm of Estey & Bomberger Reports: Uber Says Nearly 6,000 Rapes, Sexual Assaults Occurred in Two-year Period

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SAN DIEGO–(BUSINESS WIRE)–The law firm of Estey & Bomberger reported today that Uber’s long-awaited sexual assault report was released Dec. 5, with the ride-hailing company admitting that 5,981* passengers and drivers were raped or sexually assaulted between 2017-2018.

“I applaud Uber for releasing the data that acknowledges there is a problem with sexual assaults occurring in rideshare. While we believe these assaults were preventable, Uber’s report represents a tremendous step for ride-hailing safety,” said Estey & Bomberger attorney Mike Bomberger. “I think there are many positive measures Uber is taking. However, Uber still has an obligation to help the victims who have been raped and assaulted and facing a lifetime of emotional pain. They will need ongoing therapy.”

Estey & Bomberger represents more than 100 ride-hailing sexual assault victims.

“It’s important to remember when reading this report that only one in three women report their sexual assault,” Bomberger said. “Therefore, the number of women who have been sexually assaulted is certainly much higher than reported here.”

Bomberger reiterated his call for all ride-hailing trips to be digitally recorded.

“We’re pleased that Uber is now testing cameras in Texas. That’s the real solution to this problem – if drivers know they’re being recorded they won’t rape and assault,” Bomberger said.

Estey & Bomberger is asking Lyft and Uber sexual assault victims, along with former employees of the ride-sharing firms, to contact its office by calling 866-964-1708 or emailing info@lyftsexualassaultlawyers.com.

*statistic courtesy NPR “Uber Received Nearly 6,000 U.S. Sexual Assault Claims in Past 2 Years,” Dec. 5, 2019.

Contacts

for Estey & Bomberger

Ed Vasquez, 408-420-6558

ed@ejvcommunications.com

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Business Wire

Best’s Market Segment Report: AM Best Maintains Global Reinsurance Market Outlook at Stable

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OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a stabilized pricing environment — albeit at levels below long-term adequacy — the continuing alignment between traditional and third-party capital and ongoing stability in the global life reinsurance segment.

A new Best’s Market Segment Report, titled, “Market Segment Outlook: Global Reinsurance,” states that although rates in the non-life reinsurance market have improved modestly, pricing has not kept adequate pace with the changing risk dynamics, as illustrated by loss development from events such as hurricanes Irma and Maria and Typhoon Jebi, and potential losses from more-recent events (e.g., Hurricane Dorian). Property catastrophe pricing still is being driven by the availability of third-party capital; however, the increasing interdependence between traditional capacity and third-party capital through joint ventures, retrocession and direct ownership should serve to more closely align return objectives for the market overall. Third-party capital also represents a benefit in the form of stabilized earnings of rated balance sheets, due to tail risk being assumed by this capital.

Overall market conditions are improving, but AM Best remains concerned about insufficient rate adequacy relating to certain U.S. casualty lines, a steady decline in the benefit of favorable reserve releases and the pervasive low interest rate environment. The collective effect of these factors requires underwriting discipline, and failure to react to these pressures could adversely affect the segment.

The report outlines other factors that are driving the stable market segment outlook, including:

  • AM Best believes alternative third-party capital will hold the line on future return expectations following the recent heavy catastrophe loss years;
  • A decline in capital consumption and earnings volatility, due in part to the increased utilization of third-party capital in retrocessionaire programs;
  • Greater emphasis on underwriting discipline due to pressure on interest rates and potential slower economic growth globally;
  • Improving pricing momentum driven by higher loss costs, coupled with lower loss reserve redundancies;
  • Increased demand for non-life reinsurance due to primary companies’ recent loss experience, as well as new risk transfer opportunities and mergers and acquisitions;
  • Stable operating performance among life reinsurers, which continue to maintain defensible market positions and offer services beyond risk transfer that create hurdles for new entrants.

To access the full copy of the overall global reinsurance briefing, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=292334.

Separate briefings on the non-life and life reinsurance segments can be viewed at:

To view a video with AM Best Associate Director Scott Mangan about the global reinsurance market segment outlook, please visit http://www.ambest.com/v.asp?v=globalreoutlook1219.

AM Best is a global credit rating agency, news publisher and data provider specializing in the insurance industry. The company does business in more than 100 countries. Headquartered in Oldwick, NJ, AM Best has offices in cities around the world, including London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2019 by A.M. Best Company, Inc. and/or its affiliates.

ALL RIGHTS RESERVED.

Contacts

Robert DeRose
Senior Director
+1 908 439 2200, ext. 5435
robert.derose@ambest.com

Greg Carter
Managing Director
+44 20 7397 0288
greg.carter@ambest.com

Michael Porcelli, FSA
Director
+1 908 439 2200, ext. 5548
michael.porcelli@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

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