Bluum | June 14, 2022
On June 13th, premier education technology solutions provider Bluum announced the release of a complete cybersecurity solution for schools. In recent years, schools have witnessed an evolving cybersecurity need, especially those brought on by remote learning and virtual schooling solutions.
Cybersecurity breakdowns have affected more than 3 million students since 2018 with over 1,300 publicly disclosed attacks. Since February, this has cost educational institutions $2.73 million to secure themselves from ransomware attacks.
"With limited budgets, highly skilled IT personnel and time, K-12 organizations are hard-pressed to create a solid cybersecurity plan. Cybersecurity is an incredibly technical and extensive area in IT that is rapidly evolving and needs to stay ahead of ever-evolving attack methods. Historically, school IT budget constraints have resulted in ineffective and outdated systems, so Bluum has developed comprehensive countermeasures to fill that void."
- Andre Vashilko, Bluum Vice President of Product Strategy and Growth
When cybersecurity concerns arise, whether through internal or external threats, Bluum offers preventive measures that can mitigate the risks during and after the attack. Bluum has started by rolling out easy-tu-use solutions that help schools assess their cybersecurity needs and identify solutions to address them.
Bluum will also offer vulnerability scans and penetration testing to detect any areas of concern and exposure risks in the infrastructure. The self-assessment will also help schools communicate their specific needs to Bluum in order to provide a tailored solution.
ENTREPRENEURS AND LEADERS
Genius Group Limited | July 05, 2022
Genius Group Limited , a world-leading entrepreneur Edtech and education group, today announced that Zacks Small-Cap Research , a division of Zacks Investment Research and a leading equity research firm, has initiated coverage of GNS at a valuation of $18.40, above the recent $9-10 trading range. 2022 revenue is estimated at USD 34.3 million, a 268% increase over 2021, and looking ahead, expects GNS to generate positive earnings by the 3rd quarter of 2023.
Brad Sorensen, CFA, Senior Equity Research Analyst with Zacks/SCR, states that GNS is on a mission to change the way people experience online education by making it more about the student. Through technology, vision, and a unique approach, he feels that Genius is bringing AI-involved learning to the masses. He views GNS as having a great management team and a solid balance sheet, believes the aggressiveness GNS has shown in expanding its offering is encouraging and sees the integration of acquisitions as vital to the company’s success. In an effort to expand its offerings and broaden its portfolio, particularly in the U.S., GNS acquired four companies to give GNS a total of eight companies under its umbrella and a roster of offerings that can reach people at virtually any stage of life.
Sorensen recognizes that the size of the potential market is enormous, with one estimate of $10 trillion in 2030, as the interest in virtual learning has undoubtedly increased as a result of the remote lives many people have been forced to live over the last couple of years. He points out that GNS may be doing things in a different way that might be able to connect in a more effective way with students, both adults and children, who have had a lack of success with some of the other existing providers. From his point of view, GNS appears to be offering a different way of learning, one that engages students by learning what they love and teaching them in that way.
Normally, with a company such as GNS, Sorensen would often look to comparable companies for valuation metrics. But, acknowledging market conditions as of late and that he views Genius as a unique company, he elected to use the discounted cash flow method to come up with what he believes is a fair, and fairly conservative, valuation for GNS. The two biggest risks to his investment thesis are the successful integration of the four new companies and the timing of the U.S. rollout.
About Genius Group Limited
Genius Group is a Singapore-based Edtech and education company engaged in providing educational services in over 200 countries. It aims to develop an alternative lifelong learning curriculum and make its educational products accessible worldwide to all age groups.
About Zacks Small-Cap Research
Zacks/SCR prepares company-sponsored, independent research and related content for distribution through a multitude of investor and media channels, both traditional and social. Zacks/SCR delivers broad awareness among investors worldwide, creates deep understanding of the company and generates significant interest in investment. Zacks/SCR advantages are the quality of its analysts, the depth of its research and the breadth of its distribution.
Datadog | May 27, 2022
Datadog, a leading cloud application security and monitoring platform, announced on May 25th that it has achieved Amazon Web Services (AWS) Education Competency status. The status makes Datadog an AWS partner and certifies that Datadog has proven technical competency and effectiveness in developing mission-critical systems to manage the workloads of higher education, K-12 primary and secondary, and research and publishing industry customers.
"At the Center for Translational Data, we leverage AWS to develop and operate large-scale data platforms to support research for cancer, cardiovascular disease, and veterans' health, to name a few. We operate a data ecosystem comprising over a dozen data commons that make over 10 PBs of data available to the research community. Datadog is a key component of our mission to have our data readily accessible by providing our team with the insight and visibility required to efficiently and effectively monitor our distributed and complex systems. Platform Engineering practices DevOps, SRE and SecOps, and Datadog is a critical tool to help maintain velocity while remaining accountable and responsible for the platform. We've gained incredible insight on our platform that has led to resolutions of long-standing issues (including capacity and performance)."
- Bill Winslow, Director of Platform Engineering at theUniversity of Chicago
The AWS Competency Programs enable customers to choose technology partners that have in-depth expertise and industry experience. Datadog's membership in the AWS Partner Network (APN) has been solidified as a result of the status. The firm’s track record of delivering customized solutions meet the AWS architectural standards and promotes excellence in the operational needs of educators and educational administrators.
"By delivering real-time monitoring and security capabilities for AWS workloads, we maintain uptime for educational institutions so they can provide the best experience possible to their students, teachers, and administrators. Our team is proud to support these institutions and help them achieve their goals by leveraging the agility of the cloud."
- Yrieix Garnier, VP of Product at Datadog