ObjectSecurity, the leading solutions provider for Model Driven Security Management and secure information sharing in mission-critical industries such as air traffic control, today announced that they have been awarded a £30,000 grant through the East of England Development Agency’s Proof of Concept fund. The Proof of Concept fund is a grant scheme designed to help entrepreneurs in the East of England define the market for their innovative business concept. ObjectSecurity has contracted with Gartner, a leading information technology research and advisory company. Gartner will work on this one-year project to deliver the technology-related insight necessary for ObjectSecurity to make the right market strategy decisions for their innovative OpenPMF 2.0 technology. ObjectSecurity is currently a listed sample vendor on Gartner’s “Hype Cycle for Information Security 2007” in the topic area “model driven security”, which Gartner predicts will have a significant impact within the next couple of years. One of the major catalysts for model driven security is the increased roll-out of Service Oriented Architectures (SOA) and the adoption of model driven software engineering.
ObjectSecurity’s patent-pending OpenPMF 2.0 is the first fully fledged model driven security management technology in the market today. It enables low-maintenance security policy management for agile SOA. Security administrators can manage security policies as intuitive, abstract models, with unprecedented ease-of-use and flexibility in a standard modelling tool. OpenPMF 2.0 automatically enforces these policies consistently across the entire IT environment, and detects attempted security breaches.
Ed Bowie, access to finance manager at EEDA, said: “The Proof of Concept fund is designed specifically to enable entrepreneurs in the East of England to ‘test the water’ for new and exciting products or processes. ObjectSecurity’s innovative technology is precisely the sort of project we are looking to fund, and EEDA wishes the team at ObjectSecurity every success in finding the best route to market for their product.”