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Ivanti Names New CEO

Ivanti named Jeff Abbott as the new CEO effective October 1, 2021, succeeding Jim Schaper in the role.

Ivanti is backed by Clearlake Capital Group, L.P., TA Associates, and Charlesbank Capital Partners, LLC.

Abbott has served as President of the company since January 2020. Together with Schaper, he has led Ivanti through tremendous progress in the last 18 months, which includes more than doubling the size of the company’s revenue to over $1 billion dollars, and investing in and supporting the customer and employee base through an organic and acquisition growth strategy.

“Jeff is a natural leader and has been instrumental in helping Ivanti achieve the success we have realized in the last two years...” said Schaper. “This transition was always part of our plan when we both came to Ivanti, and I am confident in Jeff’s ability to continue to deliver on the course we have set as an organization to make the Everywhere Workplace possible and secure. Ivanti has the right leaders in place across the company to create great business outcomes for our customers and partners, while also providing a culture of collaboration and opportunity for our employees.”

Abbott has more than 25 years of experience working for large software and services companies, including Accenture, Oracle, and Infor. As President of Ivanti, he oversaw all aspects of product and go-to-market strategy and execution, including product development, product management, marketing, global sales, customer experience, and operations. Through recent acquisitions, including Pulse Secure, MobileIron, Cherwell, and most recently RiskSense, Ivanti has bolstered the company’s solutions and created a holistic Zero Trust security and IT service architecture to solve the problems presented in this new working environment.

Ivanti also announced three new appointments to the board of directors. Mr. Abbott will join the board along with new co-Chairpersons Chris Heim and Dan Mayleben, industry leaders with experience driving growth and creating long-term value in software companies.

“I joined Ivanti because I saw an opportunity to address the needs of IT and employees by supporting the future of work and making the Everywhere Workplace possible,” said Abbott. “Now more than ever, user expectations are high and there is a very real threat of cyber-attacks, all driving an even stronger need for our solutions. Our team is making a real impact for people and organizations around the world. I appreciate Jim’s partnership over the years, and I am excited both to continue the partnership with Clearlake, TA, and Charlesbank and also to welcome Chris Heim and Dan Mayleben to our board of directors.”

Heim is the Executive Chairman of HelpSystems, a cybersecurity and automation company where he was previously the CEO. Mayleben is also on the board of HelpSystems, where he was the CFO and worked closely with Chris to more than triple the size of the company by executing on a successful software consolidation strategy. In addition, Heim and Mayleben created strategic value at HelpSystems by shifting greater focus and investment into cybersecurity and building a large-scale organization that today provides critical infrastructure software to over 20,000 customers worldwide. The duo has also been instrumental in the growth and success of several other software companies and have been affiliated with TA and Charlesbank for a number of years.

“Chris and Dan bring tremendous experience to the Ivanti board in helping software companies scale,” said Abbott. “They have an excellent track record working closely with management teams to catapult companies into the next phase of growth. The entire Ivanti team couldn’t be more excited to have them join us, and we look forward to leveraging their deep expertise and strategic insights to enhance our journey.”

“We thank Jim for his contributions to Ivanti and the incredible growth and transformation that he, Jeff, and the entire Ivanti organization have been able to drive in such a short time ... Chris and Dan on the board of directors ... will only help accelerate Ivanti’s continued growth.” said Behdad Eghbali, Founder and Managing Partner of Clearlake, Harry Taylor, Managing Director at TA, and Hiren Mankodi, Managing Director at Charlesbank.

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Ivanti Names New CEO

Ivanti named Jeff Abbott as the new CEO effective October 1, 2021, succeeding Jim Schaper in the role.

Ivanti is backed by Clearlake Capital Group, L.P., TA Associates, and Charlesbank Capital Partners, LLC.

Abbott has served as President of the company since January 2020. Together with Schaper, he has led Ivanti through tremendous progress in the last 18 months, which includes more than doubling the size of the company’s revenue to over $1 billion dollars, and investing in and supporting the customer and employee base through an organic and acquisition growth strategy.

“Jeff is a natural leader and has been instrumental in helping Ivanti achieve the success we have realized in the last two years...” said Schaper. “This transition was always part of our plan when we both came to Ivanti, and I am confident in Jeff’s ability to continue to deliver on the course we have set as an organization to make the Everywhere Workplace possible and secure. Ivanti has the right leaders in place across the company to create great business outcomes for our customers and partners, while also providing a culture of collaboration and opportunity for our employees.”

Abbott has more than 25 years of experience working for large software and services companies, including Accenture, Oracle, and Infor. As President of Ivanti, he oversaw all aspects of product and go-to-market strategy and execution, including product development, product management, marketing, global sales, customer experience, and operations. Through recent acquisitions, including Pulse Secure, MobileIron, Cherwell, and most recently RiskSense, Ivanti has bolstered the company’s solutions and created a holistic Zero Trust security and IT service architecture to solve the problems presented in this new working environment.

Ivanti also announced three new appointments to the board of directors. Mr. Abbott will join the board along with new co-Chairpersons Chris Heim and Dan Mayleben, industry leaders with experience driving growth and creating long-term value in software companies.

“I joined Ivanti because I saw an opportunity to address the needs of IT and employees by supporting the future of work and making the Everywhere Workplace possible,” said Abbott. “Now more than ever, user expectations are high and there is a very real threat of cyber-attacks, all driving an even stronger need for our solutions. Our team is making a real impact for people and organizations around the world. I appreciate Jim’s partnership over the years, and I am excited both to continue the partnership with Clearlake, TA, and Charlesbank and also to welcome Chris Heim and Dan Mayleben to our board of directors.”

Heim is the Executive Chairman of HelpSystems, a cybersecurity and automation company where he was previously the CEO. Mayleben is also on the board of HelpSystems, where he was the CFO and worked closely with Chris to more than triple the size of the company by executing on a successful software consolidation strategy. In addition, Heim and Mayleben created strategic value at HelpSystems by shifting greater focus and investment into cybersecurity and building a large-scale organization that today provides critical infrastructure software to over 20,000 customers worldwide. The duo has also been instrumental in the growth and success of several other software companies and have been affiliated with TA and Charlesbank for a number of years.

“Chris and Dan bring tremendous experience to the Ivanti board in helping software companies scale,” said Abbott. “They have an excellent track record working closely with management teams to catapult companies into the next phase of growth. The entire Ivanti team couldn’t be more excited to have them join us, and we look forward to leveraging their deep expertise and strategic insights to enhance our journey.”

“We thank Jim for his contributions to Ivanti and the incredible growth and transformation that he, Jeff, and the entire Ivanti organization have been able to drive in such a short time ... Chris and Dan on the board of directors ... will only help accelerate Ivanti’s continued growth.” said Behdad Eghbali, Founder and Managing Partner of Clearlake, Harry Taylor, Managing Director at TA, and Hiren Mankodi, Managing Director at Charlesbank.

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Kubernetes was not initially designed with AI's vast resource variability in mind, and the rapid rise of AI has exposed Kubernetes limitations, particularly when it comes to cost and resource efficiency. Indeed, AI workloads differ from traditional applications in that they require a staggering amount and variety of compute resources, and their consumption is far less consistent than traditional workloads ... Considering the speed of AI innovation, teams cannot afford to be bogged down by these constant infrastructure concerns. A solution is needed ...

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Misaligned architecture can lead to business consequences, with 93% of respondents reporting negative outcomes such as service disruptions, high operational costs and security challenges ...

A Gartner analyst recently suggested that GenAI tools could create 25% time savings for network operational teams. Where might these time savings come from? How are GenAI tools helping NetOps teams today, and what other tasks might they take on in the future as models continue improving? In general, these savings come from automating or streamlining manual NetOps tasks ...

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A large majority (86%) of data management and AI decision makers cite protecting data privacy as a top concern, with 76% of respondents citing ROI on data privacy and AI initiatives across their organization, according to a new Harris Poll from Collibra ...

According to Gartner, Inc. the following six trends will shape the future of cloud over the next four years, ultimately resulting in new ways of working that are digital in nature and transformative in impact ...

2020 was the equivalent of a wedding with a top-shelf open bar. As businesses scrambled to adjust to remote work, digital transformation accelerated at breakneck speed. New software categories emerged overnight. Tech stacks ballooned with all sorts of SaaS apps solving ALL the problems — often with little oversight or long-term integration planning, and yes frequently a lot of duplicated functionality ... But now the music's faded. The lights are on. Everyone from the CIO to the CFO is checking the bill. Welcome to the Great SaaS Hangover ...

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