Latest news with #DevSecOps
Yahoo
2 days ago
- Automotive
- Yahoo
PlaxidityX and Hitachi partner for SDV development and security
PlaxidityX says it has collaborated with a Hitachi Group firm, GlobalLogic, to enhance the development environment for software-defined vehicles (SDVs). The companies say the alliance is set to develop a coherent cloud framework that will assist original equipment manufacturers (OEMs) and Tier 1 suppliers in expediting the development process, minimising engineering expenses, and maintaining high security standards for vehicle software. It involves the integration of the PlaxidityX DevSecOps platform with the SDV Cloud Framework of GlobalLogic, which is an infrastructure management solution. GlobalLogic noted that its framework simplifies the deployment of software development resources for SDV projects. It facilitates a cloud-based engineering environment that provides access to on-premise real hardware. With the integration of DevOps practices, the framework aims to cut development cycles, automate testing while ensuring continuous software updates, thereby expediting the time to market for SDVs. The DevSecOps platform is designed to automate the inclusion of security practices throughout the software development lifecycle. It features tools that automate the threat analysis and risk assessment (TARA) process, perform code analysis, automate security testing, vulnerability scanning, and scan code from third-party software suppliers. By continuously integrating security checks into the development pipeline, developers can detect and address vulnerabilities early on, preventing the elevated costs associated with it in production software. GlobalLogic Automotive & Industrial Business Group vice president and general manager Ramki Krishna said: 'By integrating DevSecOps capabilities from PlaxidityX into every layer of our SDV Cloud Framework, we're not only fortifying security and adhering to automotive security regulations – we're also accelerating development timelines and reducing costs. 'It's about building trust, reliability, and adaptability from the ground up, ensuring our software-defined vehicles stay ahead of the security curve in a rapidly evolving automotive ecosystem.' Earlier this year, Vodafone Automotive, a provider of in-car telematics and vehicle safety services, collaborated with PlaxidityX to bolster vehicle security with AI-powered protection. "PlaxidityX and Hitachi partner for SDV development and security" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Wire
3 days ago
- Business
- Business Wire
Minna Bank's Full Cloud-Based Banking System to be Provided Externally for the First Time to MUFG Bank
TOKYO--(BUSINESS WIRE)--Minna Bank announced that the full cloud-based banking system developed and operated by Zerobank Design Factory (ZDF), a subsidiary of Fukuoka Financial Group, in collaboration with Accenture and operating on Google Cloud, has been selected as the core system for the newly established digital bank by MUFG Bank. Minna Bank announced that the full cloud-based banking system developed and operated by Zerobank Design Factory has been selected as the core system for the newly established digital bank by MUFG Bank. Share In 2022, ZDF announced its plans to offer the system to both local and global financial institutions, as well as non-financial entities seeking to launch banking services. This marks the first instance of ZDF extending the system to external organizations. Looking ahead, ZDF aims to address the challenges faced by companies entering the banking industry and other sectors through the provision of the system, thereby contributing to the growth and innovation of the digital banking market both domestically and globally. Japan's First Digital Bank | Minna Bank Case Study | Accenture * Google Cloud is a trademark of Google LLC. Masashi Nakano, Senior Managing Director, Lead, Financial Services, Asia Pacific and Japan, Accenture In Japanese banks, the need for increased management speed has highlighted key challenges with the inefficiency and high costs of existing core systems. One effective solution to address this is the adoption of a cloud-based and microservice platform bank system. This system incorporates numerous advanced technologies, including multi-cloud, microservice architecture and DevSecOps. Designed to enhance new banking systems, this solution significantly contributes to the growth of services, accelerates deployment speed, and improves operational efficiency. This innovative system with its modular design and capability for partial integration with existing systems offers versatile applications for banks, non-bank financial institutions, and non-financial entities both domestically and globally. Accenture will continue to collaborate with financial institutions to address management challenges and contribute to their growth. Toby Brown, Global Managing Director, Regulated Industries, Google Cloud Our collaboration with Minna Bank reinforces that cloud-based technology can deliver flexibility, speed, and reliability for core systems within global banks. Minna Bank's use of Google Cloud's advanced technologies -- like Google Kubernetes Engine for elastic scale, Spanner for global data consistency, and Vertex AI for intelligent insights -- is a blueprint for accelerating digital transformation far beyond banking, enabling industries from retail to mobility to seamlessly embed financial services and create new value for their customers. Kenichi Nagayoshi, President and CEO, ZDF and Minna Bank Launched in May 2021 as Japan's first digital bank, Minna Bank now serves 1.3 million accounts and many customers nationwide. Minna Bank has been advancing three businesses: the B2C business providing financial services to individuals, the B2B2X business offering financial functions and services to partner companies via API, and the banking system provision business. Since its inception, the bank has accumulated and updated its technologies and expertise related to systems, functionalities, and design required for a digital bank. As a result, we believe that the recent first external provision of our system marks a valuable milestone. Moving forward, we hope to contribute, even if just a little, to the development of the digital banking market both domestically and internationally through the provision of this system. About Minna Bank Minna Bank, Ltd. is Japan's first digital bank which commenced commercial operations on May 28, 2021. Minna Bank means 'a bank for everyone' in Japanese. Its mission is to 'Deliver valuable connections to everyone.' Minna Bank strives to become a pioneer in the financial services industry, creating and connecting ecosystems including consumer and business customers and various communities. Minna Bank is a wholly owned subsidiary of Fukuoka Financial Group. About Zerobank Design Factory (ZDF) ZDF is the system development company who builds Minna Bank's core system, and the first developer in Japan to build the core banking system on a public cloud. ZDF is a wholly-owned subsidiary of Fukuoka Financial Group. About Fukuoka Financial Group Fukuoka Financial Group, Inc. (FFG, TOKYO:8354), established in 2007, is Japan's largest regional financial group. FFG has a wide network covering the entire Kyushu region. FFG is actively pursuing a Digital Transformation (DX) strategy, and established Minna Bank, Japan's first digital bank architected from the ground up.
Yahoo
4 days ago
- Business
- Yahoo
GitLab Inc. (GTLB): A Bull Case Theory
We came across a bullish thesis on GitLab Inc. (GTLB) on High Growth Investing's Substack by Stefan Waldhauser. In this article, we will summarize the bulls' thesis on GTLB. GitLab Inc. (GTLB)'s share was trading at $41.23 as of 13th June. GTLB's trailing and forward P/E were 458.11 and 54.95 respectively according to Yahoo Finance. A software engineer working on coding a mobile app from their workstation. GitLab stands out in the DevSecOps landscape by positioning itself as an AI-native platform built for enterprise-grade needs in an increasingly regulated and cloud-diverse world. Unlike GitHub, which is deeply embedded within Microsoft's Azure ecosystem, GitLab offers cloud neutrality with the flexibility to run across AWS, Azure, GCP, or on-premises environments. This appeals especially to government entities and organizations requiring dedicated SaaS instances, with GitLab recently achieving FedRAMP certification—a move that unlocks large-scale federal contracts. GitLab Duo, the company's AI-native suite, embeds contextual intelligence throughout the software lifecycle. Features like Duo Workflow and Duo Enterprise aim to automate multi-step developer tasks, offer test generation and root cause analysis, and ease deployment, all signaling GitLab's evolution from a DevOps tool to the operational backbone of modern software factories. Despite a deceleration in revenue growth from 36% in FY24 to an expected 25% in FY26, GitLab's fundamentals remain strong with a near 90% gross margin and improving cash flow now that a major tax-related one-time hit is behind it. At a $41 share price, the stock trades at 6x forward sales—its lowest valuation since IPO—yet remains attractively priced relative to SaaS peers. Alphabet's venture arm, GV recently exited its stake, dampening takeover speculation, but GitLab's strategic value appears undiminished. With a growing foothold among enterprise customers and an increasingly integrated AI product suite, GitLab is positioned as a long-term structural winner in software development. Investors betting on the future of AI-enabled DevSecOps may find GitLab's current valuation an appealing entry point. Previously, we covered a on GitLab Inc. by Compounding Your Wealth in April 2025, emphasizing strong financials, enterprise traction, and AI-led product growth. A follow-up thesis by Stefan Waldhauser in June 2024 highlighted GitLab's AI-native platform, cloud neutrality, and strategic value in regulated sectors, positioning the company as a long-term DevSecOps leader at a historically low valuation. GitLab Inc. (GTLB) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held GitLab Inc. (GTLB) at the end of the first quarter which was 51 in the previous quarter. While we acknowledge the risk and potential of GTLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Techday NZ
5 days ago
- Business
- Techday NZ
GitLab & IBM launch platform to modernise mainframe DevOps
GitLab and IBM have introduced GitLab Ultimate for IBM Z, a solution designed to address the distinct challenges faced by mainframe software development teams. The new offering targets long-standing issues within enterprise mainframe environments, where teams have traditionally operated with outdated tools. This situation has often resulted in slow delivery cycles, heightened security risks, and increased operational costs. By providing native continuous integration and continuous deployment (CI/CD) pipelines on IBM z/OS, unified source code management, and direct integration with IBM Developer for Z, the companies aim to place mainframe developers on a more equal footing with their counterparts working in cloud-native settings. Mainframe development challenges Many organisations running mission-critical workloads on IBM Z systems encounter significant hurdles using conventional DevSecOps tools, which are not tailored to the specifics of mainframe development. While cloud-native teams benefit from automated, collaborative environments and robust pipelines, mainframe teams have historically had to rely on legacy software, workaround solutions, and manual processes such as SSH file transfers. These practices introduce security and compliance concerns and make audits more complex. Such workarounds become particularly problematic in highly regulated sectors, where maintaining strict audit trails and minimising vulnerabilities are essential. The continued use of separate, legacy development toolchains results in higher licensing and maintenance costs, compared to more modern alternatives, while also leading to slower delivery cycles and making it harder for enterprises to attract new technical talent. Katie Norton, Research Manager, DevSecOps and Software Supply Chain Security at IDC, commented on the significance of the new solution: "GitLab Ultimate for IBM Z represents an important step in addressing a long-standing industry challenge. IDC research shows that mainframe developers often work with legacy tooling that contributes to delivery inefficiencies and makes it harder to attract new talent. With this offering, modern DevSecOps capabilities and unified workflows are brought directly to the mainframe. This empowers developers to work more collaboratively and efficiently, while helping organisations accelerate innovation and integrate mainframe development into broader digital transformation strategies." Modernisation and integration The GitLab and IBM partnership intends to foster true modernisation by providing a unified development platform. This allows mainframe, cloud-native, web, and mobile teams to collaborate and share knowledge across environments, reducing technical silos. Teams are able to incrementally modernise without major business disruption, adopting more contemporary workflows while legacy systems continue to operate. As organisations look towards hybrid cloud architectures, the integrated approach is intended to support applications that need to span both mainframe and cloud environments, giving development teams more options for deployment and collaboration. Solution details GitLab Ultimate for IBM Z delivers native z/OS Runner support, which enables CI/CD pipeline execution directly on mainframes, reducing the need for remote connections and associated security risks. The platform incorporates GitLab's source code management system, replacing legacy library managers and providing version control and searchable repositories, which may help organisations lower licensing fees and operational overhead. Integration with IBM Developer for z/OS Enterprise Edition brings features such as dependency-based builds, automated code scanning, and debugging, designed to improve both the quality and security of releases. The offering also aims to give teams end-to-end visibility across mainframe and distributed activities, which is intended to support automated workflows and help retain development talent. Capabilities for enterprise teams By combining GitLab's DevSecOps platform with IBM's experience in mainframes, GitLab Ultimate for IBM Z is positioned as a solution for enterprises seeking to bridge the gap between legacy systems and newer, cloud-native environments. The goal is to facilitate modern development practices directly within mainframe settings, promoting collaboration, efficiency, and cost-effectiveness for enterprise users.
Business Wire
6 days ago
- Business
- Business Wire
Matt Maddox Joins DirectDefense as Vice President of Professional Services
DENVER--(BUSINESS WIRE)-- DirectDefense, a leading information security services company, today announced that Matt Maddox has joined the company as Vice President of Professional Services. In this role, Maddox will lead DirectDefense's growing portfolio of industry-leading security services, including web application, network, cloud, API, thick client, mobile, OT, and embedded systems penetration testing. Maddox brings more than 20 years of technical and leadership experience building high-performance global consulting organizations. Most recently, he served as Managing Principal at Black Duck Software (formerly Synopsys), where he oversaw a $30 million annual security consulting practice focused on DevSecOps, AI/ML security, vulnerability management, and cybersecurity governance for clients. A former Army officer and Airborne Ranger, Maddox has led professional services teams at Dell Technologies, Rackspace, Cisco Systems, and Accenture. He holds a Bachelor of Arts in International Economics from the University of Virginia. 'Matt's track record of building world-class consulting teams and driving exceptional client results makes him a perfect fit for DirectDefense,' said Jim Broome, President and CTO of DirectDefense. 'His strategic mindset and deep technical background will be invaluable as we expand our services and continue delivering trusted, high-impact security solutions to our clients.' At DirectDefense, Maddox will focus on scaling service delivery, optimizing operational efficiency, and partnering closely with clients to reduce risk, ensure compliance, and support long-term growth. His experience includes leading greenfield sales and growing existing client relationships. 'DirectDefense has built a strong reputation for delivering customized programs based on proven methodologies that build resiliency,' said Matt Maddox, Vice President of Professional Services. 'I'm joining the team to help scale that impact by strengthening our service delivery, deepening client partnerships, and ensuring that our clients raise their security posture.' Learn more about DirectDefense's professional services: About DirectDefense, Inc. DirectDefense provides enterprise risk assessments, penetration testing, ICS/SCADA security services, and 24/7 managed security services for companies of all sizes. Focused on building security resiliency, the firm offers comprehensive security testing services with specialization in application security, vulnerability assessments, penetration testing, and compliance assurance testing. Its team of highly talented consultants has worked with the majority of the Fortune 100 companies, in industries such as power and utility, gaming, retail, financial, media, travel, aerospace, healthcare, and technology. More information can be found at
