Tern PLC Device Authority - Winner of Microsoft Award
28 Junho 2023 - 3:00AM
RNS Non-Regulatory
TIDMTERN
Tern PLC
28 June 2023
REACH - non-regulatory announcement*
28 June 2023
Tern Plc
("Tern" or the "Company")
Device Authority Winner of 2023 Microsoft Rising Azure
Technology Partner of the Year
Tern Plc (AIM:TERN), the investment company specialising in
supporting high growth, early-stage, disruptive Internet of Things
("IoT") technology businesses, is pleased to note that Device
Authority Limited ("Device Authority"), a company in which Tern
currently holds 53.8% of the equity, has announced that it has won
the Rising Azure Technology 2023 Microsoft Partner of the Year
Award. Device Authority was honored among a global field of
Microsoft partners for demonstrating excellence in innovation and
implementation of customer solutions based on Microsoft
technology.
Device Authority CEO, Darron Antill commented : "We are
delighted that Keyscaler-as-a-service (KsaaS), our cloud-first
approach to automated end-to-end device security has been
recognized with this award. With today's global supply chains
increasingly relying on interconnected devices and the relaying of
timely data to artificial intelligence systems, trust in devices
has never been more important. Because these devices are often
located outside of the secured network environment, they've become
a target for bad actors, and a single disruption to a production
line can cost an organization up to 5% of its annual profits.
"Leveraging Azure's capabilities, KSaaS provides an automated
and scalable solution to our customers' device security problems,
accelerating their digital transformation and providing resilience
throughout their connected infrastructure."
The Microsoft Partner of the Year Awards recognise Microsoft
partners that have developed and delivered outstanding
Microsoft-based applications, services and devices during the past
year. Awards were classified in various categories, with honorees
chosen from a set of more than 4,200 submitted nominations from
more than 100 countries worldwide. Device Authority was recognised
for providing outstanding solutions and services in Global Rising
Azure Technology.
The award recognises a technology partner that has demonstrated
strong customer focus and impact by building on Microsoft Azure as
their primary cloud platform and scaling their solution by selling
with Microsoft. The winning partner solution clearly demonstrates
the value of repeatable IP and showcases how technology can solve
differentiated value, addresses a unique market need, and improves
the customer experience.
The Microsoft Partner of the Year Awards are announced annually
prior to the company's global partner conference, Microsoft
Inspire, which will take place on July 18-19 this year. Additional
details on the 2023 awards are available on the Microsoft Partner
blog: https://aka.ms/POTYA2023_announcement. The complete list of
categories, winners and finalists can be found at
https://partner.microsoft.com/en - US/inspire/awards/winners .
Enquiries
Tern Plc via IFC Advisory
Al Sisto (CEO)
Sarah Payne (CFO)
Allenby Capital Limited Tel: 0203 328 5656
(Nominated Adviser and Broker)
Alex Brearley / Dan Dearden-Williams
(Corporate Finance)
Matt Butlin / Kelly Gardiner (Sales
and Corporate Broking)
IFC Advisory Tel: 0203 934 6630
(Financial PR and IR) tern@investor-focus.co.uk
Tim Metcalfe
Graham Herring
Florence Chandler
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END
NRANKOBNFBKDQAB
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June 28, 2023 02:00 ET (06:00 GMT)
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