Octopus Systems News
7 articles
growth-positive
OCTOPUS partners with Convergint to bring its pandemic solutions to the U.S. - Grit Daily News
OCTOPUS Systems has partnered with Convergint Technologies to provide its employee and visitor screening solution to U.S. businesses and schools. The partnership aims to enable safer reopening of the economy and offer situational awareness and control during and after the pandemic. OCTOPUSs command and control system integrates various solutions and databases into a common operating platform, allowing smart screening and monitoring. The solution uses a mobile app for screening individuals and thermal scanners for temperature assessment. Data privacy and security are ensured through on-premises software deployment or a SaaS platform hosted on Microsoft Azure secure cloud. OCTOPUS meets 9 strict ISO standards. The partnership with Convergint helps OCTOPUS expand to the United States. OCTOPUS plans to invest in R&D and develop capabilities in Big Data management and Machine Learning.
Partners
growth-positive
HOW PANDEMICS ACCELERATE THE NEED FOR SMART CITIES
The article discusses the potential for smart cities and the integration of technologies to mitigate the consequences of social distancing during the pandemic. It highlights the areas of transport and logistics, health and disease care, and surveillance as ripe for mass deployment of smart technologies. The article emphasizes the need for coordination and utilization of existing technologies to maximize their potential. The impact on the company, OCTOPUS, is growth-positive as it offers integrated technologies and solutions for smart cities. The key theme of the article is the potential for smart cities and the utilization of technologies to address the challenges posed by the pandemic. The key issues discussed include customers and partners. The date of the event described in the article is not specified. The confidence level of the answer is 8.
CustomersPartners
OCTOPUS Systems Receives Frost & Sullivan Award for Its Smart and Safe City Platform
growth-positive
https://www.jpost.com/jpost-tech/tech-talk-the-israeli-start-ups-that-looked-the-pandemic-in-the-eye-629837
Despite the economic downturn caused by the COVID-19 pandemic, several Israeli companies have risen to the challenge by innovating and adapting to the circumstances. OCTOPUS Systems was deployed in Bnei Brak to control a massive outbreak of the virus, while Sonarax developed an app for more accurate contact tracing. Security firm Brandshield stepped in to combat the increase in fraudulent digital schemes, and LEADERS leveraged its influencer-marketing platform to help retailers improve brand awareness. These companies efforts have demonstrated the resilience of Israels start-up culture.
CustomersPartners
growth-positive
Three Israeli Startups Among 2018 Red Herring Top 100 Global Winners
Three Israeli startups, CropX, Illusive Networks, and Octopus Systems, were featured on the 2018 Red Herring Top 100 Global list. The Red Herring Top 100 awards recognize the most exciting startups from Asia, Europe, and the Americas. The startups were evaluated based on criteria such as level of specialty, social contribution, startup growth stage, and international footprint. CropX is an agriculture tech analytics company focused on improving crop yield and agricultural output. Illusive Networks provides cybersecurity solutions to protect networks against cyber attacks. Octopus Systems offers a cloud-enabled Physical Security Information Management platform. The recognition from Red Herring is a positive growth indicator for these Israeli startups.
CustomersPartners
growth-positive
Cloud-based security co Octopus raises $5.2m
Israeli startup Octopus has raised $5.25 million in a financing round led by Canadian venture capital fund AWZ Homeland Security. Octopus has developed a cloud-based security platform that helps enterprises detect, prevent, and neutralize physical and cyber attacks. The companys customers include Coca Cola, Israel Chemicals, and Tnuva Food Industries. The additional funding will support Octopus in expanding its safe services and user-friendly integration. AWZ Homeland Security chose to invest in Octopus due to its faith in the product and the companys managers and professionals. The cloud-based security services offered by Octopus are changing the global security market.
Investment
growth-positive
Cloud-based Physical Security Startup Octopus Raises $2.5M From Singulariteam
Octopus, a Tel Aviv startup that makes cloud-based physical security systems, has raised $2.5 million from Singulariteam. The funds will be used to expand in the U.S. and Asia. Octopus products are already used by the Israeli government, Coca-Cola factories, VISA, and national banks. The companys advantage lies in its fully-deployed and tested cloud-based system, as well as its focus on cybersecurity. Octopus also integrates its products with existing security systems, providing cost-saving benefits for clients. The companys competitors include Cisco, Nice Systems, and Siemens. The investment from Singulariteam is expected to support Octopus growth plans and partnerships with Tencent and Renren in China.
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