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Dale Ventures’ AUD$2.5 Million Investment Helps Fast-Track Rail Online
Rail Online's leadership team
Rail Online's leadership team (L to R): CFO Lachlan McCallum, CTO Kew Muthalif, GM Kirsty Blows, and CEO James Dunne
A recent AUD$2.5 million investment from Dale Ventures has enabled Rail Online to fast-track its expansion plans. The railroad travel service now allows travelers to search, book, and ticket Amtrak journeys, with multiple currency options via a 24/7 connection to live Amtrak inventory.
In addition to the North American expansion, the investment from Dale Ventures has also helped accelerate Rail Online's expansion plans in Australia, New Zealand, and Europe.
James Dunne, Rail Online's CEO, says the addition of Amtrak is timely because Rail Online saw strong inquiry levels for North American rail journeys, bolstered by the pent-up demand related to the pandemic.
"By offering live booking capability," says Dunne, "Rail Online has made it more cost-effective, efficient, and convenient for travelers to book Amtrak journeys."
"In addition, travelers booking through Rail Online have the freedom and flexibility to self-manage all itinerary changes and refunds," Dunne says.
Amtrak's network connects more than 500 destinations in 46 United States and three Canadian provinces. The company's fleet of more than 300 trains includes 20 Acela high-speed trainsets, which reach speeds of up to 240 km/h, making it the fastest passenger service in the Western Hemisphere.
Dunne says the addition of Amtrak's North American services brings Rail Online one step closer to fulfilling its aim of being "the one-stop shop for all rail bookings for customers across the globe."
"With this new Amtrak connection, Rail Online continues to lead the way in making rail travel easier," says Dale W. Wood, CEO of Dale Ventures. "I congratulate James and his team for their incredible work and rapid growth."
For bookings, visit www.rail.online.
About Dale Ventures
Dale Ventures is a personal investment holding group founded by serial investor Dale W. Wood. The company partners with management teams to provide the significant strategic and analytic resources needed to build and grow remarkable companies. Dale Ventures has adopted a consultative approach that harnesses the power of innovative teams to generate groundbreaking ideas, tactics, and strategies that drive growth and build long-term value.
For more information about Dale Wood and his projects, please visit www.Dale.com and Facebook.com/DaleVentures.
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Original Source: Dale Ventures' AUD$2.5 Million Investment Helps Fast-Track Rail Online
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Nexus IT Ranks in the Top 50 on CRN’s Fast Growth 150 List
Nexus IT Ranks in the Top 50 on CRN's Fast Growth 150 List
Nexus IT is the Only Utah-Based IT Services Provider Ranked in the Top 50 Nationwide for Gross Annual Sales
Nexus IT, a leading nationwide provider of IT, Cyber and consulting services, announced today that it has earned a prestigious spot on the 2022 Fast Growth 150 list, published annually by CRN®, a brand of The Channel Company®. Nexus IT is proud to be amongst the top 50 on the list.
The CRN Fast Growth 150 list recognizes the fastest-growing North American IT solution providers and technology integrators for significant sales growth — driven by forward-thinking business strategy, strong technology know-how, and services prowess — demonstrated over the previous two years.
To maintain consistent growth within the highly competitive and rapidly evolving IT industry, solution providers need to constantly evolve to keep ahead of consistent changes within the market. CRN's Fast Growth 150 list acknowledges companies that have crossed this lofty threshold and demonstrated an ongoing dedication toward success and innovation.
"To be honored for the first time on the Fast Growth 150 List as the only Utah-based company ranked in the top 50 is a magnificent accomplishment for Nexus IT," said Earl Foote, Founder and CEO of The Company. "With the demand for high-quality IT services increasing for companies of all sizes, we are committed to providing an exceptional client experience while maintaining our integrous culture as we expand our reach and capabilities."
Nexus IT recently merged with esteemed Salt Lake City-based IT services provider Intelitechs, adding significant value to both teams' client services, capabilities and product offerings. The combined entity has also expanded its leadership suite. More exciting announcements are set to be announced later this year as a part of The Company's five-year growth strategy.
"The companies that earned spots on this year's list represent the very best in business acumen and strategy, inspiring fellow industry members and proving that with perseverance, meaningful growth is attainable in even the most chaotic business climates. On behalf of CRN and The Channel Company, I wish a heartfelt congratulations and continued success to all companies featured on the 2022 Fast Growth 150 list," said Blaine Raddon, CEO of The Channel Company.
A sampling of the 2022 Fast Growth 150 list will be featured in the August issue of CRN Magazine. You can view the complete list online at www.crn.com/fastgrowth150.
About Nexus IT
Nexus IT is an IT Support and Cybersecurity Services (MSP/MSSP) company based in Salt Lake City, Utah. The company provides IT and Cybersecurity services across the nation with a worry-free, hyper-responsive approach, so leaders can focus on growing their business. In its 24th year, Nexus IT continues to elevate its team, clients and community to new heights with its award-winning support, vibrant workplace, lively culture and community-minded initiatives. For more information, visit https://www.nexusitc.net/.
About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. https://www.thechannelco.com/
CONTACT:
Angela Bonnici
Director of PR, Nexus IT
508-523-4345
[email protected]
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Original Source: Nexus IT Ranks in the Top 50 on CRN's Fast Growth 150 List
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Industrial Defender Releases Inaugural State of OT Cybersecurity Research Survey Report
FOXBOROUGH, Mass. - August 24, 2022 - (Newswire.com)
Industrial Defender, a leader in operational technology (OT) cybersecurity innovation, today released the results from their inaugural 2022 State of OT Cybersecurity Research. The research survey was completed by 101 OT/ICS security professionals across 10 industries between October 2021 and May 2022. The findings show organizations are focused on solving specific gaps and overlaps across OT security, while trying to better integrate with big picture IT security strategies and goals.
"Our research indicates that the rapid evolution of both cybersecurity threats and cyber-related compliance regulations, along with staffing shortages, is creating demand for security solutions and programs that can empower OT teams to defend their organization's unique environments more efficiently," said Jay Williams, CEO at Industrial Defender. "Today's landscape requires a new commitment from IT and OT teams and senior leadership, to create formalized transformational programs that strategically address the technology and talent gaps that ultimately stand in the way of achieving end-to-end cyber resilience."
Industrial Defender's 2022 State of OT Cybersecurity Research Report key findings include:
- The unique constraints of OT environments demand multiple paths to both security and compliance.
Teams are deploying multiple platforms and solutions to safeguard their control environments, layering passive and manual collection tools with other solutions. There is a broad distribution of governance models, with organizations splitting nearly evenly between being led by IT, OT or via shared responsibility.
- People-adjacent challenges are outpacing technology-centered problems.
Budget limitations are the top barrier to OT security success with lack of in-house expertise and in-house politics close behind, showing that many OT teams are facing people-related barriers to doing their jobs successfully.
- Top drivers of risk strategy are overwhelmingly external.
Most respondents, at 39%, were most focused on meeting government regulations, while 35% were motivated by fear of the attacks themselves.
- OT leaders are working to stay out in front of a rapidly changing threat landscape.
The survey period, from October 2021 to May 2022, saw an industry still absorbing the impact of Colonial, as worries about Russia and Ukraine grew. Respondents rated ransomware as the largest current driver of security strategy, at 62%, followed by concerns about hostile nation state attacks.
- Most organizations are committed to moving away from manual data collection processes where possible.
When we asked respondents about future data collection plans, it's clear that both passive and active data collection methods have a role to play.
To download the full 2022 State of OT Cybersecurity Research Report, visit https://www.industrialdefender.com/2022-state-of-ot-cybersecurity-research-report/.
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Original Source: Industrial Defender Releases Inaugural State of OT Cybersecurity Research Survey Report