RCS - Smarttech247 Group - Smarttech247 Launches VisionX for Mid-Market

Smarttech247Announcement

15/01/2024 07:00

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RNS Number : 5922Z  Smarttech247 Group PLC  15 January 2024

Reach Announcement

15 January 2024

Smarttech247 Group PLC

 

("Smarttech247", the "Group" or the "Company")

 

Smarttech247 Launches VisionX for Mid-Market

 

Solution designed to protect mid-sized businesses from cyber threats

 

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced
cybersecurity services providing automated managed detection and response for
a portfolio of international clients, is pleased to announce the launch of its
Mid-Market Managed Detection and Response (MDR) solution as part of VisionX.

 

VisionX is Smarttech247's MDR platform which provides around-the-clock
security orchestration. This latest solution is specifically designed to
protect mid-sized businesses (companies of 50 to 2,000 employees) from the
ever-evolving cyber threats faced by all companies. The product combines
proprietary AI technology with a 24/7 incident response team including annual
cyber readiness exercises and reporting.

Forrester Consulting estimates that the VisionX product can provide customers
with more than 300% ROI within six months.

Raluca Saceanu, CEO of Smarttech247, commented:

 

"With this launch, Smarttech247 is extending its robust cybersecurity
framework to wider markets, whilst also contributing to the overall resilience
of the digital economy as mid-sized businesses, who often lack resources, can
now benefit from the same level of security which is often only available to
larger enterprises.

 

"Our newest solution will allow our existing and new mid-sized customers to
access cybersecurity capabilities without the need to invest in expensive
technologies to set up their own Security Operations Centre as we continue to
invest in our goal of democratising advanced cyber security solutions."

 

- Ends -

For further information please contact:

 Smarttech247 Group PLC                               Tel: +353 21 206 6033
 Ronan Murphy, Executive Chairman

 Raluca Saceanu, Chief Executive Officer

 Nicholas Lee, Finance Director
 SPARK Advisory Partners Limited - Nominated Adviser  Tel: + 44 (0) 20 3368 3550
 Mark Brady / Adam Dawes
 Shard Capital - Joint Broker                         Tel: +44 (0) 20 7186 9900
 Damon Heath
 Fortified Securities - Joint Broker                  Tel: +44 7493 989014
 Guy Wheatley, CFA
 Yellow Jersey PR                                     Tel: +44 (0) 20 3004 9512

 Sarah Hollins / Annabelle Wills / Bessie Elliot

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About Smarttech247

Smarttech247 is a multi-award winning automated MDR (Managed Detection &
Response) company. Its platform is trusted by international organisations and
provides threat intelligence with managed detection and response to provide
actionable insights, 24/7 threat detection, investigation and response.

The Group's services are geared towards proactive prevention and it achieves
this by utilising the latest in cloud, big data analytics and machine
learning, along with an experienced incident response team. In recognition of
its innovative technology, Smarttech247 was named by Chambers Ireland
InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland
and the USA. The Company was admitted to trading on AIM on 15 December 2022.

For further information please visit www.smarttech247.com
(http://www.smarttech247.com)

 

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