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Table of Contents KPMG in India and MindEscapes, Come Together for a Holistic Innovation Excellence CyberArk Expands Global Cybersecurity Research and Development Capabilities With New Site in India

KPMG in India and MindEscapes, Come Together for a Holistic Innovation Excellence Wednesday 01 March 2023 07:50 AM UTC+00 Business Wire India KPMG in India and MindEscapes®, today announced an alliance to offer an all-inclusive holistic, innovation excellence proposition to enterprises and individuals. MindEscapes® is an immersive platform for an exclusive community of thinkers, innovators and creators and has built an ideation think space retreat situated in Nilgiris, aimed to engage CXOs of various enterprises with policymakers and thought leaders. The retreat offers a broad ranging solution for hosting and engaging groups of CXOs and senior/junior executives of enterprises to collaborate and think innovatively. This joint innovation excellence proposition will see KPMG in India being an innovation facilitator and knowledge partner, who along with MindEscapes® will look at providing customised solutioning, strategic innovation advisory, innovation operationalisation, short-term and long-term certified courses, business excellence strategic work outs, all of which will be based on a mutually decided curriculum to its members. All of this will be co-created by KPMG in India and MindEscapes®, and tailormade to the unique needs of entrepreneurs/clients/enterprises and individuals. Commenting on the alliance, Rahul Turki, Partner, Business Excellence at KPMG in India said, "KPMG in India's experience in offering solutions in strategy, innovation, and business excellence combined with MindEscapes®'s immersive and supportive environment to drive collaboration, co-creation and growth makes the joint proposition a powerful synergy for enterprises to consider. As a firm, our aim is to position KPMG in India as a creative partner and formidable leader, when it comes to leading growth dialogues in enterprises and among policymakers." "We are happy to be partnering with KPMG in India to bring our vision of helping entrepreneurs, enterprises individuals and teams tap into their full creative potential," said Dipali Sikand, Founder of MindEscapes®. "By providing the necessary space and tools, we aim to empower them to create truly impactful products and services for their businesses," added Sikand. Other highlights of the alliance: The MindEscapes®. retreat at Nilgiris which is the first of many under various stages of development, offers an opportunity for entrepreneurs, enterprises individuals and teams individuals to step away from the distractions of daily life and focus on developing new ideas and strategies. KPMG in India's professionals will work closely with members to help them identify and capitalise on new opportunities, and to develop and implement innovative solutions that drive growth and success. MindEscapes® will provide access to a wide range of knowledge assets and resources, reinforced with warm and professional hospitality services under the guardianship of some of the most creative experts. Entrepreneurs, enterprises, individuals and teams will get to explore, experience, collaborate and ultimately give birth to eureka moments that can transform the future of people and our planet.

CyberArk Expands Global Cybersecurity Research and Development Capabilities With New Site in India Wednesday 01 March 2023 08:29 AM UTC+00 Business Wire India CyberArk (NASDAQ: CYBR), the global leader in Identity Security, today announced further expansion of its worldwide research and development (R&D) resources with the opening of a new facility in Hyderabad. This location is CyberArk's largest concentration of R&D resources outside of Israel and will be a key contributor to further accelerating the development and delivery of solutions focused on protecting organizations from cyberattacks that target identities and their access to high-value resources. Identity Security has emerged as a foundational component of Zero Trust strategies and is critical to supporting cyber-resilient enterprises.   "The opening of the R&D centre in India aligns with CyberArk's vision to deliver the world's most advanced Identity Security platform," said Peretz Regev, chief product officer at CyberArk. "With attackers adopting more sophisticated methods, securing identities has become a crucial component of cybersecurity. Our new facility in Hyderabad supports our commitment to providing innovative identity-centric cybersecurity solutions for organizations globally."   Shri KT Rama Rao, Hon'ble Minister of Municipal Administration and Urban Development, Industries & Commerce, and Information Technology, Government of Telangana said, "I am pleased to note that CyberArk, a global leader in Identity Security with operations in 110 countries and 8,000 customers worldwide has chosen Hyderabad to setup a significant R&D resource. Cybercrimes of the modern era demand advanced protection. In today's connected economy, having a robust security infrastructure is a must for any organization. We welcome established businesses like CyberArk to set up facilities to develop innovation for a more secure future. The Telangana government is committed to providing the best infrastructure and developing a talent base so that companies find it ideal to establish their development centres here."   In addition to product management and R&D teams, the facility also houses the company's Centre of Excellence for Marketing, as well as functions such as professional services and technical support. There are currently about 200 employees at the facility, with plans to gradually increase headcount.   "The decision to locate our new facility in Hyderabad was strategic," said Rohan Vaidya, regional sales director, India at CyberArk. "India is a growing market for CyberArk and, on a macro level, one of the fastest-developing economies in the world, with a vast pool of skilled resources. Our new facility in Hyderabad will allow us to further improve our response to and support for our customers and partners in India. It's an investment for our global customer base and also part of our increased commitment to the market in India."

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