eLearningClasses.com
Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

New Investment Round Drives Morphean’s Growth and Expansion Plans

Morphean, an innovator in Security-as-a-Service, leads the security industry into a smarter digital future that promises unique business insights by leveraging AI

Swiss high-tech company Morphean, a leader in cloud analytics and Security-as-a-Service, today opens a new chapter in its development.

This latest round of financing confirms once again that digitisation and cutting-edge technologies using the Internet of Things (IoT), the Cloud and Artificial Intelligence (AI) are fundamentally changing the security and business intelligence industry. A continuous investment of this kind is indicative of the rising curve of the business intelligence market, which is continuing its expansion and will reach a total volume of USD 22.8 billion by the end of 2020 according to Gartner’s forecast.

With KÖTTER Invest GmbH from Germany, another partner joins an impressive group of existing Morphean shareholders, such as Securitas Group Switzerland, Swisscom, AM-Tec, Capital Risque Fribourg and iCortex. KÖTTER Invest is the investment division of the KÖTTER Group, which also includes KÖTTER Security, the largest family-run security service provider in Germany.

Market growth is driven by end-users’ demands for a higher return on investment (ROI) from their security facilities, which can be achieved by gaining more insight from their data. In addition, in the new age of security, installers and integrators are looking for simple system set-ups, platforms for cyber security, and increased revenue opportunities. Morphean’s secure cloud analytics platform successfully helps customers and installers achieve these goals. In retail, for example, analytics can determine which demographic profiles visit a store in a given period of time – enabling in-store promotions that are precisely tailored to the preferences of the clientele.

Friedrich P. Kötter says: “Our customers’ needs are constantly evolving. Thanks to the digital technologies provided by Morphean, we can offer our customers improved and more individual solutions. In addition, the increase in digitisation and IoT has led to an overabundance of data that must be managed in a secure and intelligent manner. Morphean is transforming this market and is well on course towards leadership in this area: The company uses AI to analyse data that is securely stored in the cloud, and is thus able to provide unique insights. This enables our customers to achieve an even higher level of security and at the same time receive relevant information about the performance of their company. Our investment partnership will help open a new chapter in Security-as-a-Service.”