
Axis Introduces Next-generation AI-powered Dome Cameras
Made from high-grade aluminium, these robust, IK10-, IP66-, IP6K9K- and NEMA 4X-rated outdoor-ready cameras are both vandal- and impact-resistant. They have an operating temperature range from -55°C to 55 °C (-122 to 131°F). They can also be powered with DC and PoE to ensure power redundancy. What's more, Axis Edge Vault, a hardware-based cybersecurity platform, safeguards the device and offers FIPS 140-3 Level 3 certified secure key storage and operations.

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Al Bawaba
2 days ago
- Al Bawaba
Trump promises big Russia reveal—Kremlin watches closely
ALBAWABA - U.S. President Donald Trump has stated he will make a 'major announcement' regarding Russia on Monday, a declaration that has caught the attention of the Kremlin amid mounting uncertainty surrounding efforts to end the Russia-Ukraine war. The Russian presidency confirmed it is closely monitoring Trump's comments. Kremlin spokesman Dmitry Peskov criticized the continued U.S. supply of weapons to Ukraine through NATO, labeling it a "commercial operation" that ultimately sustains the conflict. Peskov also accused European nations of pushing Ukraine to prolong the war "until the last Ukrainian," adding that Moscow is closely tracking the nuances in Trump's rhetoric. Meanwhile, Russian Deputy Foreign Minister Sergey Ryabkov voiced skepticism about improving U.S.-Russia ties, describing the Trump administration's approach as inconsistent. Trump, speaking in a Thursday interview with NBC, did not reveal the content of Monday's statement but said he is frustrated with Russia. The announcement comes as the Russia-Ukraine conflict escalates and diplomatic negotiations stall. While campaigning, Trump pledged to end the war within 24 hours if re-elected—a promise he has not yet fulfilled. Experts suggest he may now choose between arming Ukraine via NATO, imposing stricter sanctions on Moscow, withdrawing U.S. involvement, or pursuing new diplomatic channels. Trump to make 'major statement' on Russia on Monday, eyes sanctions - report @seekingalpha — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 11, 2025 Trump also revealed that the U.S. will sell weapons, including Patriot missiles, to NATO for delivery to Ukraine, an arrangement discussed during the June NATO summit in The Hague. Earlier this month, his administration briefly paused arms shipments before reversing course. On Capitol Hill, Trump is reviewing a proposed bill by Senator Lindsey Graham that would levy new sanctions on countries purchasing Russian energy products, including oil and uranium. Diplomatic signals remain mixed. Secretary of State Marco Rubio met Russian Foreign Minister Sergey Lavrov during the ASEAN summit in Kuala Lumpur. Rubio confirmed the exchange of 'new ideas' to end the war, calling it a "different and fresh approach," though he provided no further details.


Al Bawaba
2 days ago
- Al Bawaba
Investcorp raises a €240m single-asset continuation fund to support HWG Sababa in the next phase of growth
Investcorp, a leading global alternative investment firm, today announced the completion of the sale of a majority stake in leading Italian cybersecurity provider HWG Sababa S.r.l. (the 'Company')[1] by Investcorp Technology Partners Fund V ('ITP V') and certain other investors, to an oversubscribed €240m single-asset continuation fund managed by Investcorp (the 'Fund'). The sale, in which ITP V sold the entirety of its interest in the Company, marks the first exit by ITP V, an oversubscribed $570M fund managed by Investcorp and closed in 2024. The Fund, which closed in June 2025, is managed by Investcorp and is anchored by commitments from funds advised by Hayfin Capital Management ('Hayfin') and Coller Capital ('Coller'). The Fund includes participation from certain investors in ITP V, from Investcorp Technology Partners ('ITP') employees and from new investors, including Hayfin and Coller, among others. Members of the Company management team will continue to hold a significant stake in the Company, alongside the Fund. The transaction provided existing investors in ITP V with the opportunity to realize strong returns on their investment in the Company and gives the Fund and its investors the opportunity to back a high-performing asset with significant potential for further value creation. Having supported the Company since ITP V's investment in 2022, Investcorp, alongside the Fund, will continue to support and actively contribute to the Company in its next phase of growth, which includes further development of existing solutions, with a strong focus on Operational Technology, investment in technology & innovation and internationalization of the firm primarily in Europe and the Middle East, organically and through acquisitions. Founded in 2008 and headquartered in Verona, Italy, the Company is a leading independent provider of end-to-end cybersecurity solutions in Southern Europe, with strong expertise in security operations centre solutions for IT, IoT and OT environments. The Company serves mid-sized enterprises across sectors, including critical infrastructure, energy, finance, manufacturing and more. Since acquiring the business in 2022, ITP V collaborated with the Company's management team to drive growth organically and through acquisitions, growing revenue sixfold and completing four add-on acquisitions, including the acquisition of Sababa Security S.p.A. in 2023. Gilbert Kamieniecky, Head of Investcorp's European Private Equity business, said: 'The creation of a dedicated continuation fund for HWG Sababa highlights the Company's strong growth and our successful partnership with Enrico, Alessio, and the team. The strong demand for the fund reflects HWG Sababa's quality, and we're pleased to partner with Hayfin and Coller Capital to support its continued growth.' Yusef al Yusef, Global Head of Distribution at Investcorp, said: 'We are proud of the strong partnership we have built with Enrico and Alessio, confirmed by HWG Sababa's positioning as a leading cybersecurity solution provider in Southern Europe. We're excited to remain involved through the management of this continuation fund and to collaborate with Hayfin and Coller Capital as we support the next stage of the company's development.' Enrico Orlandi, Chairman of HWG Sababa added: 'We are very proud of the journey we've taken alongside ITP, whose support has been instrumental in helping us achieve our objectives. We believe this continuation fund is the right solution to fuel HWG Sababa's next phase of growth.' Alessio Aceti, CEO of HWG Sababa, added: 'This milestone reflects the shared commitment and hard work of our management team and the entire company, of whom we are immensely proud. We remain determined to strengthen our leadership in IT cybersecurity, OT, and SOC services—both in Italy and internationally.'


Al Bawaba
2 days ago
- Al Bawaba
Gartner Says Earth Intelligence Is a $20 Billion New Revenue Growth Opportunity for Technology and Service Providers Through 2030
Earth intelligence will significantly impact every industry as it rapidly moves from government to the private sector, with annual revenue to surpass $4.2 billion in 2030, up from nearly $3.8 billion in 2025, according to Gartner, Inc. The cumulative Earth intelligence direct revenue opportunity for technology product and service providers will reach nearly $20 billion from 2025 to 2030 (see Figure 1).This revenue forecast is for technology and service providers, and it focuses on direct revenue from Earth intelligence data, analysis services and software applications. It does not take into account the wider range of Earth intelligence value drivers, which can include productivity improvements and cost defines Earth intelligence as the application of AI to Earth observation data to deliver solutions specific to industries and business functions. It encompasses gathering and providing Earth observation data, fit-for-purpose transforming it, and then using it to produce actionable insights with domain-specific AI models, tools and applications.'The future of Earth intelligence will be won by the vendors that move quickly to develop technologies that make sense of the oceans of raw data they collect,' said Bill Ray, Distinguished VP Analyst at Gartner.'The value of Earth intelligence data is only now being realized. For example, vendors are leveraging satellites to pinpoint fallen trees blocking railroad tracks in a storm, monitor the temperature of every metal refinery to assess global production, count vehicles to analyze traffic patterns and consumer trends, and track sea cargo to evaluate shipping activity,' Ray said. 'These unprecedented insights are delivering immense value, and new use cases are being discovered daily as the AI vendor race intensifies with the ever-expanding volume of available data.'Currently, the raw data that fuels Earth intelligence is primarily collected and analyzed by governments. However, there is a shift taking place. In fact, Gartner predicts that by 2030, enterprises will be spending more on Earth intelligence than governments and military bodies combined, accounting for more than 50% of total Earth intelligence, up from less than 15% in 2024.'As private technology and service providers begin to dominate Earth intelligence, they have the opportunity to sell data, models and applications to companies that lack the resources to analyze data for themselves,' Ray said. 'Earth intelligence will lead to new markets and offerings for data, models, stand-alone tools and applications as well as capabilities to embed within existing applications. This represents a massive business opportunity for technology product and service providers.'New economics are evolving because very low Earth orbit (VLEO) satellites are cheaper to build and launch, and these satellites are watching the earth in new ways. Radar and hyperspectral techniques see things which used to be invisible, and revisit times can be an hour or less. Private companies are also experimenting with VLEO, which can deliver a resolution as low as 10 cm. That is small enough to spot a mouse. 'This is driving, and will continue to drive, massive amounts of Earth observation data. Combining satellite data with ground observation data from sensors and drones further enhances Earth intelligence value,' said Ray. 'This is where AI plays a critical role. Unlike many domains, there is a plethora of data. But that data needs to be engineered into fit-for-purpose information to feed industry- and function-specific AI models.'