Vector Flow enters the market with AI-driven security automation platform – Security Systems News

SARATOGA, Calif.In its formal debut to the physical and cyber-physical security market, Vector Flow launched its AI-powered, data-centric Physical Security Automation Platform, and also announced its Series A funding of $9.2M from Silicon Valleys premium venture firms, led by Mayfield Fund with participation from Foundation Capital.

Vector Flows security platform derives intelligence from physical security data by creating domain specific AI and data-centric models to automate major security functions related to Physical Identity and Access Operations, SOC Automation and Cyber-Physical Security defense.

As a people first investor, I was impressed by the innovation and rigor that repeat entrepreneurs Ajay Jain and Vik Ghai brought to solving the physical cyber security problem for enterprises, said Navin Chaddha, Mayfield Managing Director and Vector Flow board member. By delivering the industrys first AI-powered physical security automation platform, Vector Flow is solving a big and critical problem, that is protecting CEOs from personal liability for cyber-physical security incidents, something that Gartner has predicted could affect 75% of CEOs by 2024. I look forward to watching Vector Flow grow into a leader who delivers ROI and peace of mind to enterprises.

During the press conference to unveil the new company, Vector Flow President & CEO Ajay Jain told Security Systems News that the platform is built on a foundation of advanced AI algorithms capable of processing and analyzing vast amounts of data from otherwise disparate security systems, data stores and input devices.

The platform, which comes with application designer studio and a workbench which can be used by the customer and the systems integrator partner, extends any application running on the Vector Flow platform or to create a completely new application utilizing the platforms machine learning (ML) framework and designer tools without writing any code. This functionality extends the usefulness of any application as business processes change.

Vector Flow fills a tremendous void in the physical and cyber-physical security space with the industrys first powerful and innovative AI-enabled platform that aggregates both structured and unstructured data from myriad systems, devices, logs, and journals, Jain explained. The platform performs real-time analysis to detect anomalies, trends and KPIs, and provides actionable insights, automated remedies and processes.

He continued, Physical security industry is plagued with legacy disjointed applications, independent hardware, data stores and custom scripts that work in silo creating inefficiencies and security gaps. A benchmark in data-driven security intelligence, the Vector Flow platform enables new levels of automation driving operational efficiencies and significantly reducing corporate risks and costs. In the post pandemic era, the current human-laden physical security world will quickly adopt digital transformation, touchless, and autonomous operations to rely on data to streamline operational processes and fill security gaps.

Vector went over the three categories of solutions that run on the new Vector Flow platform:

Physical Workforce Identity Access Management (PIAM) which streamlines identity on/off boarding processes, physical access provisioning, access audits, compliance to regulations and risks analysis. Applications include:

Physical Security Operation Center (SOC) Automation, which employs deep AI-based automation for SOC operations and autonomous alarm reduction and reporting, along with multiple functions to optimize overall operations, includes:

Cyber-Physical Security which performs an audit of physical security as it relates to cyber defense. For example, it enforces defense in depth concepts using advanced AI models to detect vulnerabilities related to critical infrastructure, like the data centers or laboratory doors. It also manages the vulnerabilities of the IoT devices in the physical security and building automation world to prevent cyber surface attacks. Vector Flows transformative technology not only will help in automating critical functions of physical security but also provide defense against cyber-physical attacks with an extra layer of security. This category of applications will be available in 2022. Applications include:

The Vector Flow Platform is comprised of an application design studio and a workbench to build applications utilizing Vector Flows integrated data lake and ML framework. It comes with visual rules configurator, playbook designer and forms designer to help customers easily extend business applications or write new applications as their business processes change. The runtime edition of the platform is available now. The developer edition of the platform will be available in 2022.

Vector Flow is already onboarding several significant customers. This includes a global telecommunications provider with over 450,000 identities which replaced the legacy PIAM application with Vector Flows AI-enabled Physical Identity Lifecycle application. The unique Vector Flow solution promises to save millions of dollars in direct costs over the course of the contract while increasing overall security operations productivity, compliance to regulations and delivering valuable service to the enterprise.

In another example, a top Research and Pharmaceutical company, focused on anti-viral drugs and treatments, deployed Vector Flows AI-enabled Alarm Reduction Application to reduce their false/ nuisance alarm counts and to streamline the SOC functions by establishing and measuring the KPIs across all SOCs. In another example, a prominent networking products company reduced their false/ nuisance alarm counts by over 80% in few months without any human touch or masking of any alarms. Return on Investment was achieved within months. The SOC alarm fatigue was also removed for this customer and SOC operations was streamlined with increased productivity and visibility across the globe.

For more information, visit the new Vector Flow website: https://vectorflow.com/

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Vector Flow enters the market with AI-driven security automation platform - Security Systems News