Centrify, the leader in securing hybrid enterprises through the power of identity services, commissioned a new Forrester study that reveals the enterprise security industry is failing, with organisations being breached at an alarming rate.
The study found an astonishing two-thirds of organisations experienced an average of five or more security breaches in the past two years, and hackers compromised more than one billion identities in 2016 alone.
“Cybersecurity breaches are causing more havoc and affecting more industries than ever before,” said Tom Kemp, CEO of Centrify. “Despite over US$75 billion spent on cybersecurity in 2016, the products and services from major security companies have failed to stop breaches from occurring, and in fact, the problem is getting worse. This clearly indicates that traditional approaches are flat out not working in this age of access.”
Australian energy storage specialist Redflow Ltd is successfully selling its batteries in Asian countries where telecommunications have leap-frogged copper lines into wireless telephony and broadband.
Many Asian nations have jumped straight to cellular network-based phone and Internet services because they lack the copper-based communication networks that exist in countries like Australia.
As a result, Redflow is pursuing a massive potential demand in Asia for its zinc-bromine flow batteries to power mobile telecommunication towers located in areas without reliable electricity supplies.
ASX-listed Redflow, which has offices in Brisbane and Adelaide, where CEO Simon Hackett is based, is an energy storage specialist that has developed the world’s smallest zinc-bromine flow batteries (learn more at www.redflow.com).
Redflow’s 48-volt 10 kilowatt hour (kWh) flow batteries solve many of the problems that impact the region’s telecommunications providers, including the ability to operate in hot conditions without active cooling; 100 per cent depth of discharge on a daily basis; long-term storage at any state of charge, from empty to full, without damaging the battery; and construction materials with minimal resale value, making them less attractive to thieves.
Redflow’s Global Sales Director Andrew Kempster, who is based in Adelaide, said growth in Asia was based on solid relationships. “We currently support integration partners in India, Indonesia, Singapore, Thailand and the Philippines who have sold small systems so telecommunication companies can evaluate our batteries in the field,” he said.
Australian energy storage specialist Redflow Limited today announces that it has extended the warranty for its 10 kilowatt hour (kWh) ZBM2 and ZCell zinc-bromine flow batteries to 10 years.
Previously, Redflow warranted the electrode stack in its batteries for 10 years or 36,500 kilowatt hour (kWh) output, whichever came first, and for three years for auxiliary components such as electrolyte tanks and pumps.
Redflow’s entire battery is now covered by the 10-year/36,500kWh warranty, which aligns it with emerging industry standard warranties for residential and commercial energy storage systems.
Redflow CEO Simon Hackett said the 10-year warranty showed the company’s commitment to quality. “This assures customers that Redflow batteries are a long-term proposition,” he said.
“What makes Redflow’s 10-year warranty such outstanding value is that our zinc-bromine flow batteries sustain their 10 kWh of storage capacity for that entire 10 years, rather than losing capacity over time, as occurs with lithium-based and lead-acid batteries.”