Better Together: A Year in Review
By Krystal Rennie / Adlumin, Inc.
What a year! From a pandemic to lockdowns around the world, 2020 has kept us on our toes. While this year has been full of unexpected challenges for individuals and businesses worldwide, it has also been full of valuable lessons. For companies, balancing a new remote workforce, employee health, and shifting consumer demands were just a few of the many uphill battles. For individuals, work-life balance, pandemic hardships, and quarantine were only a few of many challenges thrown their way.
The bright side of it all is that we are going into 2021 even stronger than before and with a few lessons learned: technology keeps us connected, a successful business prioritizes its consumers and employees, and always expect the unexpected.
How Adlumin Trailblazed Through Uncertainty
Adlumin’s primary goal is to revolutionize how financial institutions of all sizes secure sensitive data. As the hectic year unfolded, Adlumin found ways to successfully strengthen that goal while reaching new heights along the way.
Within the first three months of 2020, Adlumin officially launched our 24/7 Security Operations Center (SOC) OVERWATCH service, which helps financial institutions monitor and secure their network data through the Adlumin platform. Adlumin then released Abakis, a multi-tenant security and compliance automation platform for Managed Service Providers. It was clear to see how beneficial both Abakis and OVERWATCH would be to our customers and the industry overall.
Adlumin prioritized our customers over all other matters this year. We offered our customers free access to our 24/7 SOC service, OVERWATCH, for three weeks during the beginning of COVID-19 lockdowns. As a direct result, Forbes included us in its list of Fintech Firms Providing Free Technology During the Coronavirus Crisis. Credit Union National Association’s (CUNA) also featured Adlumin on its website, which focused on how organizations supported credit unions during the pandemic. Adlumin stood in solidarity with financial institutions. Our team understood that many of our customers were – and still are – at full capacity managing day-to-day operations and their own customer needs.
As the year progressed, Adlumin found 2020, its most successful year-to-date. One of our company’s many big wins came in July with our U.S. Patent awarded for systems and anomaly detection methods on core banking platforms. This gives Adlumin alone the ability to conduct anomaly detection using User and Entity Behavior Analytics on all core banking systems. Another major success came from Adlumin receiving a multimillion-dollar F-35 fighter jet contract with the U.S. Air Force for our leading-edge artificial intelligence and machine learning analytics.
Additionally, as the Adlumin brand grew within the financial and cybersecurity industries, our team grew internally. Every department brought on new members, including experts in data science, application development, marketing, public relations, and more. The goal is to combine the best developers, cybersecurity, and data science to continuously expand and strengthen the Adlumin brand for years to come.
New Challenges, New solutions, New Year
Adlumin’s 2020 theme was Building Better, Together. Each department was tasked with overcoming various challenges to keep the company’s operations moving as usual. As a recap, here’s what the Channels Vice President and Directors have to say:
What’s Next? 2021 and Beyond
As we put this year behind us and look towards the future, the team at Adlumin is ready to check off multiple goals from their lists. As the industry expects to see, cybersecurity and compliance platforms like Adlumin become more in-demand in 2021 than ever before.
Our Cofounder and CEO Robert Johnston believes business development and significant architectural changes will be the company’s themes for 2021. Changes to the platform’s architecture “will reduce cloud cost and make our product faster, more reactive, and overall better for the customers,” explained Johnston. Cofounder and SVP Timothy Evans expects channel sales to lead Adlumin on a very productive and rewarding journey. “As Service Providers learn how easy Adlumin is to deploy, monitor, and manage, as compared with other security and compliance tools, our partner pool will expand significantly,” says Evans.
It’s safe to say that with the many milestones hit this year and the potential that awaits the company in 2021, Adlumin will continue to trailblaze as a leader in the Global Security Market. We look forward to discovering and developing new features, go-to-market strategies, and opportunities to take our customers’ and partners’ cybersecurity experiences to the next level.