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C2150-400 | IBM Security Qradar SIEM Implementation v 7.2.1

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C2150-400 - IBM Security Qradar SIEM Implementation v 7.2.1 - braindump

Vendor IBM
Exam Number C2150-400
Exam Name IBM Security Qradar SIEM Implementation v 7.2.1
Questions 64 Q & A
Recent Update February 12, 2019
Free PDF Download C2150-400 Brain Dump
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C2150-400 exam Dumps Source : IBM Security Qradar SIEM Implementation v 7.2.1

Test Code : C2150-400
Test Name : IBM Security Qradar SIEM Implementation v 7.2.1
Vendor Name : IBM
Q&A : 64 Real Questions

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IBM IBM Security Qradar SIEM

Frost & Sullivan Names IBM protection in Asia-Pacific dealer of the yr in diverse categories | killexams.com Real Questions and Pass4sure dumps

Frost & Sullivan Names IBM protection in Asia-Pacific supplier of the 12 months in multiple categories July 13, 2017 @ four:00 AM

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Share Frost & Sullivan Names IBM protection in Asia-Pacific supplier of the yr in numerous classes on Twitter Share Frost & Sullivan Names IBM protection in Asia-Pacific dealer of the 12 months in varied classes on facebook Share Frost & Sullivan Names IBM protection in Asia-Pacific dealer of the 12 months in varied classes on LinkedIn

IBM security in Asia-Pacific was these days awarded seller of the 12 months in numerous classes by analyst company Frost & Sullivan. For the past 14 years, these awards have diagnosed unbelievable performance within the Asia-Pacific guidance and communication know-how (ICT) industry.

industry specialists recognize IBM protection

IBM safety in Asia Pacific changed into awarded in here two categories for 2017:

Asia-Pacific Intrusion Detection and Prevention systems

This award is in response to enterprise efficiency, technology innovation and offerings, and establishment and achievements in Asia-Pacific. IBM security become mentioned for continuing its efforts to introduce brought capabilities to its holistic offerings.

The native integration between IBM QRadar XGS with IBM cloud-primarily based sandbox, IBM QRadar SIEM and IBM X-drive alternate — at the side of its effective business institution in each key nation in Asia-Pacific, together with the emerging affiliation of Southeast Asian international locations (ASEAN) — has provided improved cost to consumers. IBM security has secured its management place in this house via its continual innovation of IBM safety community coverage manager (NPM) as a critical web-primarily based console to manipulate IBM QRadar XGS home equipment.

Asia-Pacific Cybersecurity Analytics Platform

IBM security has excelled in offering a platform with extensive capabilities in cybersecurity analytics. It has been able to give safety options with high-quality wins throughout varied verticals in addition to innovation to deliver prolonged capabilities, equivalent to person behavior analytics, into the fold.

IBM has constantly extended its capabilities in developing the cognitive security operations center (SOC) via fast integration of QRadar with Watson, which helps clients achieve an automated and at ease IT infrastructure.

Tags: IBM | IBM community security insurance policy | IBM QRadar SIEM | IBM security Anshul Garg

Portfolio advertising manager, IBM

Anshul Garg is the Product marketing manager for IBM safety features, specializing in X-force pink. Anshul has a grasp of... 21 Posts comply with on What’s new
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  • Share this text: Share Frost & Sullivan Names IBM security in Asia-Pacific vendor of the year in assorted classes on Twitter Share Frost & Sullivan Names IBM safety in Asia-Pacific dealer of the 12 months in diverse classes on fb Share Frost & Sullivan Names IBM protection in Asia-Pacific supplier of the year in multiple categories on LinkedIn

    IBM protection QRadar: SIEM product overview | killexams.com Real Questions and Pass4sure dumps

    IBM QRadar is an enterprise safety tips and adventure administration (SIEM) product. It collects log statistics from an business, its community instruments, host property and operating systems, functions, vulnerabilities, and consumer activities and behaviors. IBM QRadar then performs precise-time evaluation of the log records and network flows to determine malicious pastime so it will also be stopped right now, fighting or minimizing damage to the company.

    Product models

    The IBM QRadar SIEM can also be deployed as a hardware, software or virtual appliance-primarily based product. The product structure comprises adventure processors for collecting, storing and inspecting adventure facts and event collectors for taking pictures and forwarding data. The SIEM product also comprises flow processors to bring together Layer 4 network flows, QFlow processors for performing deep packet inspection of Layer 7 application traffic, and centralized consoles for security Operations middle (SOC) analysts to utilize when managing the SIEM. move processors offer an identical capabilities to experience processors, but are for community flows, and consoles are for people to make the most of when the usage of or managing the SIEM.

    IBM QRadar SIEM element fashions encompass right here:

  • built-in (all-in-one) appliance
  • 2100: as much as 1000 routine per second; up to 50,000 flows per minute; 1.5 terabytes (TB) storage
  • 3105: up to 5000 pursuits per 2d; as much as 200,000 flows per minute; 6.2 TB storage
  • 3128: up to fifteen,000 pursuits per 2d; as much as 300,000 flows per minute; 40 TB storage
  • Console
  • 3105: 6.2 TB storage
  • 3128: forty TB storage
  • adventure/move processor
  • 1805: up to 5000 events per 2nd; as much as 200,000 flows per minute; 6.2 TB storage
  • 1828: up to 15,000 pursuits per second; as much as 300,000 flows per minute; 40 TB storage
  • stream processor
  •  
  • 1705: up to 600,000 flows per minute; 6.2 TB storage
  • 1728: as much as 1.2 million flows per minute; 40 TB storage
  • in addition, IBM QRadar can compile log events and network movement statistics from cloud-primarily based applications, and it may also be deployed as a SaaS offering on the IBM cloud where deployment and renovation is outsourced.

    additional safety capabilities

    besides the simple SIEM capabilities that commercial enterprise SIEM products typically deliver, IBM QRadar SIEM additionally offers aid for possibility intelligence feeds. Optionally, an IBM QRadar SIEM can have a license extension purchased that allows use of IBM protection X-force risk Intelligence, which identifies IP addresses and URLs that are linked to malicious endeavor. For every recognized IP address or URL, the danger intelligence feed contains a hazard ranking and class, that could help a company greater analyze and prioritize threats. IBM QRadar SIEM is a component of the IBM QRadar safety Intelligence Platform, which comprises modules for risk administration, vulnerability management, forensics analysis and incident response.

    Reporting capabilities

    IBM QRadar gives aid for a number of major compliance reporting necessities initiatives such as the medical health insurance Portability and Accountability Act ( HIPAA) and fee Card industry information protection regular (PCI DSS), Gramm-Leach-Bliley Act (GLBA), North American electric powered Reliability agency (NERC) and Federal power Regulatory commission (FERC), Sarbanes–Oxley (SOX) and greater. The product additionally presents a record builder wizard so safety groups can create customized stories.

    Licensing and pricing

    as a result of IBM QRadar SIEM is a modular product with numerous alternatives per component, explaining its licensing and pricing in element is outside the scope of this text, however the charge metric is often in accordance with utilization equivalent to log supply events per 2nd and community flows per minute. corporations interested in superior knowing the alternate options can get the newest pricing guidance for all of the available IBM QRadar SIEM licenses here.

    IBM protection QRadar SIEM overview

    IBM QRadar SIEM offers a modular, appliance-based approach to SIEM that can scale to fulfill the adventure log and community flow monitoring and analysis wants of most groups. extra, built-in modules for chance and vulnerability management, forensics evaluation of packet captures, and incident response (from the recently obtained Resilient programs expertise) are additionally attainable as alternate options, notwithstanding they don't seem to be included. The IBM QRadar SIEM additionally supports IBM X-drive chance Intelligence and other third-birthday party possibility intelligence feeds by means of STIX and TAXI to enhance possibility detection. corporations interested in evaluating commercial enterprise SIEM items should gather additional information about IBM QRadar SIEM in order to help verify if it meets their requirements.


    Indegy Industrial Cybersecurity Suite available on IBM safety App change | killexams.com Real Questions and Pass4sure dumps

    Indegy, a leader in industrial cyber security, nowadays introduced the combination between its Indegy Industrial Cybersecurity Suite and IBM’s QRadar safety Intelligence Platform, which bridges the visibility hole between business counsel know-how (IT) environments and industrial, operational expertise (OT) environments.

    contemporary assaults corresponding to TRITON, Dragonfly 2.0, and CrashOverride/Industroyer have proven that nowadays’s Industrial manage programs (ICS), lots of which are now linked to business IT techniques, aren't any longer isolated from cyber threats. in the meantime, normal IT safety solutions are unable to monitor the specialized methods used in OT environments to establish hazards. The combination of the Indegy Industrial Cybersecurity Suite and IBM QRadar offers the deep visibility, protection and control required to shut the blind spot between enterprise IT and industrial ICS networks.

    The Indegy Industrial Cybersecurity Suite which parses OT pursuits and converts them to a typical taxonomy structure that will also be displayed during the QRadar interface is obtainable now on IBM protection App trade. As threats are evolving quicker than ever, collaborative construction amongst the security neighborhood will aid organizations adapt without delay and speed innovation within the combat against cybercrime.

    “IBM QRadar is relied on by lots of firms to computer screen cyber security threats of their IT environments,” mentioned Barak Perelman, Co-founder and CEO of Indegy. “through combining our unmatched visibility into both industrial community and device stage recreation, with IBM QRadar, we are offering customers with holistic protection that spans their IT/OT infrastructures and can become aware of threats that try to circulation laterally between them.”

    Closing the IT/OT Visibility hole

    The Indegy Industrial Cybersecurity Suite is goal-developed to provide precise-time situational focus and visibility into ICS networks. It combines behavioral anomaly detection with policy based mostly guidelines for comprehensive probability detection and mitigation, and wonderful visibility into the asset stock. Industrial amenities together with vital infrastructures, utilities, water, power, pharmaceutical and manufacturing companies use Indegy to automate operational oversight processes, establish human error corresponding to misconfigurations and failed preservation, and offer protection to against malware, cyber assaults, and insider threats.

    The IBM QRadar security Intelligence Platform integrates safety counsel and experience administration (SIEM), log administration, anomaly detection, network evaluation, user behavior analytics and vulnerability administration to analyze information in real-time across a firm’s commercial enterprise IT infrastructure to observe and prioritize potential protection threats.

    The combined Indegy-IBM solution gives joint valued clientele here advantages and capabilities:

  • Visibility across IT and OT environments
  • Behavioral and advanced heuristics
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  • Identification of vulnerabilities
  • complete and precise-time gadget inventory
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    Vormetric and IBM QRadar Integration Helps Thwart Cyber Attacks | killexams.com real questions and Pass4sure dumps

    Mar 13, 2014

    Vormetric, a provider of enterprise data security for physical, virtual and cloud environments, has announced integration with IBM's QRadar Security Information and Event Management (SIEM), an automated analytics tool for correlating events across enterprise environments to identify threats.

    According to the companies, the integration feeds detailed data access information from the Vormetric Data Security platform into IBM QRadar, and provides implementation tools as well as pre-built dashboards, reports and displays. The combined solution identifies unauthorized data access attempts – indicating accounts that represent a possible threat – and includes capabilities to monitor and alert on data access patterns that may indicate the presence of an Advanced Persistent Threat (APT) or a malicious insider attack.

    In addition to "out-of-the-box" security intelligence reports, dashboards and displays, search operations can immediately extract information from the log streams produced by Vormetric Transparent Encryption and the Vormetric Data Security Manager (DSM).  In addition, a second level of security is included to offer the capability to "watch the watcher," detecting attacks against not only the data, but also against data security management infrastructure and accounts. Organizations can identify unusual and anomalous accesses patterns by security administrators that may indicate a malicious insider within the security organization, or a security administrative account that has been compromised.

    "By combining our capabilities, organizations can enhance their data protection stance with automated data access pattern analysis, enabling them to identify potential threats to sensitive data at the source,” said Derek Tumulak, vice president of product management, Vormetric.

    Vormetric’s new IBM's QRadar Security Information and Event Management integration follows the company’s recently announced integration with HP ArcSight and Splunk.


    Nyherji: Net Profit of ISK 266 Million in the First Nine Months of the Year | killexams.com real questions and Pass4sure dumps

    Nýherji presents the results of the third quarter and first nine months of 2017

    Highlights:

  • Goods and services sold amounted to ISK 3,515 million in the third quarter (up 2.5% from Q3 2016) and ISK 11,120 million in first nine months of 2017 (up 5.4% from the first nine months of 2016) [Q3 2016: ISK 3,429 million, 9M 2016: ISK 10,555 million]
  • Gross profit of ISK 859 million (24.4%) in the third quarter and ISK 2,739 million (24.6%) for the first nine months of 2017 [Q3 2016: ISK 860 million (25.1%), 9M 2016: ISK 2,676 million (25.4%)]
  • EBITDA of ISK 229 million (6.5%) in the third quarter and ISK 682 million for the first nine months of 2017 (6.1%) [Q3 2016: ISK 247 million (7.2%), 9M 2016: ISK 686 million (6.5%)]
  • Net profit in the third quarter of ISK 29 million and ISK 266 million for the first nine months of 2017 [Q3 2016: ISK 93 million, 9M 2016: ISK 204 million]
  • Equity ratio was 45.2% at the end of the third quarter versus 43.8% at the end of the preceding quarter
  • Nýherji hf. acquires Timian Software ehf.
  • TM Software ehf. purchases the Dacoda software solution for car rental companies
  • Significant stake in Tempo ehf. put in formal sale process
  • Operating results for the first nine months of 2017

    Income Statement – Key Figures          

    1.1.-

     

    1.1.-

    In ISK million

    30.9

    30.9

     

     

    2017

     

    2016

    Goods and services sold 11,120 10,555 Cost of goods and services sold   (8,381)   (7,879) Gross profit 2,739 2,676 Operating costs   (2,479)   (2,364) Profit before financial income and financial expenses 260 312 Net financial expenses   22   (98) Pre-tax profit 282 214 Income tax   (23)   (41) Profit for the period 259 173 Translation differences, subsidiaries   6   31 Net profit for the period 266 204   EBITDA 682 686
  • Goods and services sold totalled ISK 11,120 million in the first nine months of the year, as compared to ISK 10,555 million over the same period in 2016, representing a year-on-year increase of 5.4%.
  • Gross profit was ISK 2,739 million (24.6%) in the first nine months of the year, as compared to ISK 2,676 million (25.4%) over the same period in 2016.
  • Operating costs totalled ISK 2,479 million for the first nine months of 2017 (22.3% of revenue), as compared to ISK 2,364 million (22.4% of revenue) over the same period in 2016.
  • Payroll and payroll-related costs as a percentage of revenue was 39.8% for the first nine months of 2017, as compared to 36.9% over the same period in 2016.
  • Net financial expenses were positive by ISK 22 million, as compared to net financial expenses of ISK 98 million in 2016. In the first quarter the company concluded a forward contract for the sale of foreign currencies as a partial hedge for business units which generate revenues in foreign currencies while having most of their costs in Icelandic krónur. Exchange rate gains from contracts are recorded under financial income.
  • EBITDA was ISK 682 million (6.1%) in the first nine months of the year, as compared to ISK 686 million (6.5%) over the same period in 2016.
  • Net earnings totalled ISK 266 million in the first nine months of the year, as compared to ISK 204 million over the same period in 2016.
  • Balance Sheet 30.09.2017

    Balance Sheet 30.09.2017 – Key Figures         In ISK million   30.09.2017   31.12.2016 Fixed assets   3,329   3,287 Current assets   2,775   3,624 Total assets 6,105 6,911   Equity 2,758 2,329 Long-term liabilities 1,516 2,028 Short-term liabilities   1,831   2,553 Total equity and liabilities 6,105 6,911   Working capital ratio 1.52 1.42 Equity ratio 45.2% 33.7%
  • Current assets decreased by ISK 849 million from year-end 2016, from ISK 3,624 million to ISK 2,775 million. Cash on hand decreased by ISK 646 million during the period, primarily due to early repayment of interest-bearing loans. Accounts receivable and other receivables decreased by ISK 293 million during the period.
  • Interest-bearing debt decreased by ISK 512 million over the period, from ISK 2,028 million at year-end 2016 to ISK 1,516 million at the end of the first nine months of 2017.
  • Trade and other receivables decreased by ISK 704 million from year-end 2016, from ISK 2,431 million at year-end 2016 to ISK 1,727 million at the end of Q3 2017.
  • The equity ratio increased up to 45.2% at the end of Q3 2017, up from 33.7% at year-end 2016.
  • The working capital ratio was 1.52 at the end of Q3 2017, up from 1.42 at year-end 2016.
  • Cash Flow 30.09.2017

    Cash Flow – Key Figures         In ISK million   1.1.-30.9. 2017   1.1.-30.9. 2016 Cash from operations   196   765 Investing activities (521) (696) Financing activities   (321)   (364) (Decrease) in cash (646) (294) Effect of changes in foreign exchange rates on cash 0 (15) Cash at beginning of year   872   809 Cash at end of period 226 500
  • Cash from operations totalled ISK 196 million at the end of Q3 2017, as compared to ISK 765 million at the end of Q3 2016. The difference may mainly be attributed to changes in operating assets and liabilities.
  • Investment activities amounted to ISK 521 million in the first nine months of the year, as compared to ISK 696 million over the same period in 2016. The difference can mainly be explained by less investment in fixed assets for the year so far as compared to the same period in 2016.
  • Financing activities amounted to ISK 321 million as compared to ISK 264 million in 2016.
  • Cash on hand at the end of the period was ISK 226 million, as compared to ISK 500 million at the end of the same period in 2016.
  • Operating results for Q3 2017

    Quarterly Summary – Key Figures                     In ISK million  

    Q3

      Q2  

    Q1

     

    Q4

     

    Q3

       

    2017

      2017  

    2017

     

    2016

     

    2016

    Goods and services sold 3,515 3,608 3,996 4,233 3.429 Cost of goods and services sold   (2,656)   (2,705)   (3,020)   (3,125)   (2,569) Gross profit 859 904 976 1,108 860 Operating costs   (774)   (827)   (879)   (915)   (746) Operating profit 86 77 97 193 114 Net financial expenses   (83)   133   (28)   (13)   (16) Pre-tax profit 3 210 70 180 98 Income tax   9   (29)   (3)   19   (22) Profit for the period 12 181 67 199 76 Translation differences, subsidiaries   17   (15)   4   (19)   17 Net profit for the period 29 166 71 180 93   EBITDA 229 211 242 335 247
  • Goods and services sold totalled ISK 3,515 million in Q3 2017, compared with ISK 3,429 million over the same period in 2016, representing a year-on-year increase of 2.5%
  • Gross profit amounted to ISK 859 million (24.4%) in Q3 2017, as compared to ISK 860 million (25.1%) in Q3 2016.
  • Operating costs totalled ISK 774 million in Q3 2017 (22.0% of revenue), as compared to ISK 746 million (21.8% of revenue) in Q3 2016.
  • Net financial expenses amounted to ISK 83 million for the quarter, compared with ISK 16 million in the same quarter of 2016. In the first quarter the company concluded a forward contract for the sale of foreign currencies as a partial hedge for business units which generate revenues in foreign currencies while having most of their costs in Icelandic krónur. Exchange rate gains from contracts are recorded under financial income.
  • EBITDA was ISK 229 million (6.5%) in Q3, as compared to ISK 247 million (7.2%) in the same period last year.
  • Net earnings in the third quarter amounted to ISK 29 million.
  • Nýherji, TM Software and Applicon to merge in the new year

    Nýherji, which is an IT service company and the parent company of the group, occurred revenue rise by more than 10% in the quarter. The results were in line with expectations and somewhat better than for the first half of the year, proportionally similar as last year.

    Sales of PC equipment from Lenovo to corporates were strong, while sales of audio and visual solutions from NEC, Bose and Sony to businesses and through Nýherji resellers grew more than 50%. Revenues from managed and consultancy services grew by 22% year-on-year in the third quarter and demand is strong. Sales of infrastructure equipment, servers and storage solutions continue to be robust, but remain unchanged year-on-year.

    Revenues from Nýherji's software solutions rose substantially, almost 30% from the same period last year. Security solutions such as QRadar from IBM are in strong demand, with such solutions having become a larger point of emphasis for Nýherji in recent years. The country's major financial services companies now use QRadar to monitor their systems, with such monitoring about to become even more important when new EU rules on date protection (GDPR) come into force. Other solutions offered by Nýherji for the purpose of supporting the implementation of GDPR and quality management systems cumulate plenty of interest, including CCQ (Cloud Compliance & Quality), which is a new cloud solution for quality management processes.

    At the beginning of next year, Nýherji will merge with two of its subsidiaries, TM Software and Applicon. This change will simplify the group's organisational structure and solution offering, improve service to customers and promote further growth. The merger will enable the group to reduce infrastructure costs, harmonise work processes and make better use of staff.

    Despite a solid position there are various challenges on the horizon. In line with the global trend, recent years have seen greater competition from foreign IT companies which are increasingly marketing their services and solutions in Iceland. This is an ever-present challenge for Icelandic IT companies. At the same time, fluctuations in the price of the Icelandic króna have generally had a negative impact on the group's operations. Rises in wages are also a major issue, but efforts have been made to reduce payroll costs, the full results of which are expected to be seen in the first quarter of 2018.

    The outlook for the operations of Nýherji is good. Demand for IT solutions is expected to remain strong and further growth is expected in the outsourcing of IT operations by businesses and institutions.

    TM Software widens its solution offering for companies in the tourism industry

    TM Software posted revenues of ISK 280 million in the third quarter, a 2% increase from the same period last year. The results are in line with expectations. Revenues for the year total ISK 897 million thus far, an increase of 5.5% from the previous year.

    TM Software has acquired the Dacoda software solution for car rental companies, in addition to developing its own car rental solution, Driver Guide, a fleet management and navigation system for car rental companies and their customers. TM Software recognizes significant opportunities and synergies between the new solution and Driver Guide. TM Software's car rental solutions will be marketed under the name Caren.

    The project pipeline is robust in most areas and the outlook for operations is good.

    Continued revenue growth at Tempo

    Tempo, which develops a time tracking solution of the same name, posted revenues of USD 12.6 million for the first nine months of the year, representing a year-on-year increase of 34% (in USD). The third quarter revenue was USD 4.2 million, up 33% (in USD) from the previous year. This rapid rise in revenues has been the story for Tempo since its foundation, with its clients now comprising over 11 thousand businesses and institutions of all types and sizes, in all industries, in more than 110 countries. The company works closely with 120 partners on the sale and servicing of the software, with its partners now generating a significant portion of new sales. Tempo employs about 100 people, including 32 in North-America.

    The success of Tempo comes primarily from the improvements in production and efficiency that customers can achieve by using Tempo Timesheets, Planner and Budget, the company's main solutions. From the beginning Tempo has worked closely with Atlassian, the developer of JIRA work orders and the service system supported by the Tempo solution. At the Atlassian-Summit in San Jose in September, Tempo presented Tempo Cloud for JIRA, as well as connections to cloud services such as Slack and Google. The new solution is based on Tempo's own cloud environment in AWS (Amazon Web Services), offering opportunities for product development and growth through direct sales to customers regardless of whether they use JIRA from Atlassian or other cloud solutions. Tempo Cloud for JIRA is expected to continue to drive strong revenue growth at Tempo, both through products from Atlassian and in new markets.

    For the past year, the investment bank AGC Partners has been consulting Nýherji and Tempo regarding the proposed sale of a stake in the company. As part of that process, Tempo management team gave presentations at investment conferences in San Francisco and London. AGC will now follow up on this by placing a significant stake in Tempo in a formal sale process. The goal of the sale is to bring into the company a partner with knowledge of how to build a global software operation. This will promote further growth and success for Tempo while also creating more value for owners and customers alike.

    Good results at Applicon Iceland

    The results of Applicon Iceland, which develops and sells business solutions, were good and in line with expectations. Applicon had total revenues of ISK 267 million in the third quarter, which is somewhat lower than the same period last year, but revenues in the third quarter of 2016 were unusually high due to very large contracts for the sale of software from SAP and Applicon's own software. In the first nine months of the year, revenues totalled ISK 887 million, up 4% from the previous year. Earnings for the quarter were similar as in 2016 but earnings as a percentage of revenues were higher. The operations are stable, with steady growth in subscription income from human resource and payroll solutions, good utilisation of consultants and innovation. The project pipeline is strong and diverse. The outlook for sales is good.

    In early October, the acquisition of the entire share capital of Timian Software ehf. was finalised. Timian Software develops and implements a business solution of the same name, an electronic purchasing system which connects buyers to suppliers, making purchases more efficient and transparent. The company fits well with Applicon's existing business and there are opportunities of growth with respect to the company's other solutions and in cross-selling to customers of Applicon and Nýherji.

    Good results at Applicon Sweden

    Applicon Sweden, which specialises in consultancy and implementation of business solutions for banks and financial services companies, is currently engaged in large projects for SBAB Bank and Landshypotek Bank. The company had revenues of SEK 66 million in the first nine months of the year and results from operations were solid. Third quarter revenues amounted to SEK 18 million, decreasing substantially from the same period in the previous year. The decrease may be attributed to a very large software sale which was recorded in the third quarter of last year. However, service revenues rose year-on-year, up 10% in the quarter. Demand for services remains strong, among existing clients. The outlook is sturdy, growth is expected to continue and more staff is expected to be hired.

    Outlook

    Operating prospects for the Nýherji group are good. Continued moderate growth of revenues is anticipated with a similar return on operation as seen in recent quarters.

    Shareholders

    At the end of Q3 2017, the company had a market cap of ISK 12,978 million. The share price closed at ISK 28.3 at the end of the quarter. Outstanding shares were 459 million as of 30 September 2017 with a total of 592 shareholders.

    Financial calendar

  • 31.01.2018 Fourth quarter and annual results 2018.
  • 02.03.2018 Annual General Meeting, 2017.
  • Approval of Financial Results

    This interim statement was approved at a meeting of the Board of Directors of Nýherji hf. on 25 October 2017. Nýherji hf.’s financial statements comply with International Financial Reporting Standards (IFRS).

    Nýherji hf.

    Nýherji is a group of companies in the IT sector. Nýjerji is a service provider which aims to help customers achieve improvements in their operations through IT technology, the expertise of our staff and flexible service. Nýherji hf.’s shares are listed on NASDAQ OMX Iceland hf. under the ticker symbol NYHR.

    The Board of Directors of Nýherji comprises Ívar Kristjánsson, Chairman, Hildur Dungal, Emilía Thórdardóttir, Loftur Bjarni Gíslason and Gudmundur Jóhann Jónsson. Hjalti Thórarinsson is an alternate member of the Board. The CEO of Nýherji hf. is Finnur Oddsson.

    Disclaimer

    Forward-looking statements contained in this press release may be based on management’s current estimates and expectations, and not on facts that may be verified after its publication. Such statements are inherently uncertain. We therefore caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements, and that we do not undertake to update any forward-looking statements. These forward-looking statements speak only as of the date of this presentation and are qualified in their entirety by this cautionary statement.



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