VMWARE

Dell Technologies and VMware Facilitate Improved IT Agility for Munich Re

Dell Technologies | February 18, 2022

Dell Technologies and VMware are working with Munich Re, one of the world's leading reinsurers, to create a consistent approach to global IT operations that performs with improved performance and flexibility at the high level of security required for its data-intensive workloads.

Dell and VMware are assisting Munich Re to more easily adhere to compliance requirements and reduce IT costs. Azure VMware Solution, part of Microsoft Azure, and a modern private cloud based on Dell Technologies and VMware will help create a consistent multi-cloud architecture where data and workloads can be processed and delivered exactly where they are required and shared across multiple environments. The multi-cloud architecture will support Munich Re to offer a coherent customer experience across environments through a consistent IT infrastructure that consolidates all of Munich Re's global data centers into three hubs.

"With Dell Technologies and VMware, we are creating a consistent cloud operating model to standardize our infrastructure and increase our environment's performance, stability, and resilience in a smart way," said Robin Johnson, CIO at Munich Re. "This modern multi-cloud infrastructure will help us in our daily business operations by providing the agility to match the right cloud to any application or use case."

The Azure VMware Solution can accelerate application and cloud modernization initiatives with less risk and better economics than traditional approaches. It also allows for the extension or migration of existing VMware workloads natively on Microsoft Azure. Munich Re's private cloud will be based on Dell VxRail hyperconverged infrastructure systems with VMware Cloud Foundation software. Munich Re will also use VMware vRealize Cloud Management and VMware NSX to enable consistent management across cloud environments and enable security policies that follow workloads wherever they move.

The insurance industry is going through a technology revolution ranging from how they process claims to how they engage their customers. Munich Re turned to Dell and VMware with the ambition of creating a multi-cloud strategy that could provide a powerful and stable IT infrastructure and respond flexibly to the demands of a dynamic industry with a seamless, standardized and automated platform."

Bradd Lewis, Dell Technologies vice president and global lead for financial services

"Across the insurance industry, we are seeing our customers invest in hybrid-cloud strategies to deliver more efficient and tailored solutions for their clients," said Jennifer Manry, vice president, global industries, VMware. "But to remain resilient, it's no longer about a 'cloud first' approach—it's about being 'cloud smart'. Together with Dell, we are uniquely positioned to give Munich Re the power to accelerate innovation with a smarter path to a hybrid-cloud environment that enables the flexibility to scale quickly and move workloads between IT environments without restrictions or trade-offs."

About Dell Technologies
Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.

About VMware
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company's 2030 Agenda.

Spotlight

The world in which many Chief Financial Officers (CFOs) operate is changing. Increasingly modern organizations are turning to their CFO for strategic leadership and insight on how best to position themselves on a competitive footing. Accordingly, the CFO of today needs a tool-set capable of supporting them in this new role.


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Meta Provides Additional Details on New Segment Reporting

Meta | January 25, 2022

Following Meta Platforms, Inc. October 2021 announcement that we would implement a new financial reporting structure, we are sharing additional information about the reporting format of our segmented financials. Beginning with the fourth quarter 2021 earnings results on February 2, 2022, Meta will report revenue and income (loss) from operations for the following two segments: Family of Apps (FoA) includes Facebook, Instagram, Messenger, WhatsApp and other services. We will continue to report total advertising revenue and advertising revenue by user geography using our legacy methodology. We will also report other revenue, which consists of net fees we receive from developers using our payments infrastructure and revenue from various other sources, within the Family of Apps segment. Reality Labs (RL) includes augmented and virtual reality related consumer hardware, software and content. In addition to reporting segment financials for the fourth quarter of 2021, we will provide historical segment information for all quarters of 2021, the fourth quarter of 2020, and full years 2019, 2020 and 2021. Meta's fourth quarter and full year 2021 financial results will be released after market close on Wednesday, February 2, 2022. Meta will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be available at the same website. A telephonic replay will be available for one week following the conference call at 402.977.9140 or 800.633.8284, Conference ID: 22013689. Transcripts of conference calls with publishing equity research analysts held on February 2, 2022 will also be posted to the investor.fb.com website. About Meta Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

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New Audit Resources from ISACA Help Professionals Keep Pace with 2022 Audit and Compliance Trends and Updates

ISACA | December 22, 2021

As the year winds down, many audit professionals are shifting their focus to 2022 priorities—including developing dynamic new strategies such as agile auditing, revisiting established technologies from a remote or hybrid working environment perspective, and closing any gaps between compliance expectations and current practices—and how they can enhance their skills to meet the needs of the evolving audit landscape. To meet these needs, ISACA has released three new audit resources—its VPN Security Audit Program, Destination: Agile Auditing white paper, and a new edition of its IT Control Objectives for Sarbanes-Oxley publication. During the pandemic, the reliance on virtual private networks (VPNs) was heightened as many shifted to working from home—as did the need to manage its risks and implement safeguards. ISACA’s VPN Security Audit Program provides a foundation for auditors to provide assurance around the effectiveness of implemented VPN controls, including pre-audit planning, governance and oversight, implementation and configuration, operations, and maintenance and monitoring, to avoid some of the following risks: The increase in number of end users combined with extended VPN use may put additional pressure on infrastructure and adversely affect performance. Failure to detect unauthorized VPN activity may cause denial of service due to excessive traffic or connection attempts. Lack of alignment of data classification requirements with VPN requirements and configuration may impair compliance initiatives that are reliant on data classification. During the pandemic, organizations embraced methods to increase agility and efficiency, including by using Agile. Destination: Agile Auditing outlines how audit professionals can incorporate Agile principles into their audit methodologies. Auditors can learn the basics about Agile auditing, its benefits, how Agile complements established assurance standards, how developing competency in Agile can enhance the planning, fieldwork, and reporting phases of an audit. The white paper also includes examples of elements from the Agile tool set, including an Agile road map and Agile audit engagement workflows and illuminates key components like sprints, audit backlog and daily standups. Internal and external auditors, IT auditors and managers, and financial and operational managers can also ensure they are keeping up with the latest guidance in complying with the Sarbanes-Oxley Act in a new edition of ISACA’s IT Control Objectives for Sarbanes-Oxley publication. This latest edition incorporates updated guidance and standards from the Public Company Accounting Oversight Board (PCAOB) and the American Institute of CPAs (AICPA) and its Auditing Standards Board, with updates including: Integrating guidance for implementing internal control over financial reporting (ICFR) using COBIT® 2019, for IT and financial management within enterprises and for their internal and external auditors and consultants Aligning with COBIT 2019 Focus Area: Information & Technology Risk Providing the mapping of the role of COSO Internal Control – Integrated Framework, 2013 to COBIT 2019 Highlighting technological innovations and their impacts on auditing IT controls. The audit landscape is constantly shifting as technologies and regulations evolve, making it essential that audit professionals prioritize continuous learning to ensure they are applying the most current and effective audit practices. ISACA is committed to equipping the global audit community with the tools they need to deliver the highest audit standards at their organizations.” Robin Lyons, IT Audit Professional Practices Lead About ISACA For more than 50 years, ISACA has advanced the best talent, expertise and learning in technology. ISACA equips individuals with knowledge, credentials, education and community to progress their careers and transform their organizations, and enables enterprises to train and build quality teams. ISACA is a global professional association and learning organization that leverages the expertise of its more than 150,000 members who work in information security, governance, assurance, risk and privacy to drive innovation through technology. It has a presence in 188 countries, including more than 220 chapters worldwide. In 2020, ISACA launched One In Tech, a philanthropic foundation that supports IT education and career pathways for under-resourced, under-represented populations.

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O-RAN ALLIANCE Announces Its June 2022 Industry Summit, Progress of Its Global PlugFest Spring 2022 and a New Set of O-RAN Demos

O-RAN ALLIANCE | June 10, 2022

The O-RAN ALLIANCE invites all interested public to join its next industry summit to be held on June 29, 2022, as an open virtual event. The 2.5-hour session will bring: Latest updates from the O-RAN ALLIANCE leadership Updates from the O-RAN ecosystem on RAN openness, intelligence, cloudification, and testing and integration Live panel discussion: Accelerating industry adoption for large-scale commercialization For more details and to join the event, please visit www.o-ran.org/events. O-RAN Global PlugFest Spring 2022 in Progress O-RAN ALLIANCE has been sponsoring its global PlugFests to enable efficient testing and integration for the O-RAN ecosystem. 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Desktop Virtualization Market To Cross $36,258.9 Million Size by 2030, says P&S Intelligence

P&S Intelligenc | June 21, 2022

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Spotlight

The world in which many Chief Financial Officers (CFOs) operate is changing. Increasingly modern organizations are turning to their CFO for strategic leadership and insight on how best to position themselves on a competitive footing. Accordingly, the CFO of today needs a tool-set capable of supporting them in this new role.

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