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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  QBE Insurance Group Limited    QBE   AU000000QBE9

QBE INSURANCE GROUP LIMITED

(QBE)
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QBE Insurance : Chose Perle Console Servers for Out-of-Band Management

11/21/2020 | 03:01am EST

If the network goes down, secure remote access to QBE data centre and branch office IT equipment is enabled through IOLAN Console Servers.

Princeton, NJ, November 21, 2020 --(PR.com)-- QBE, a top 20 international insurance provider with 60 branch offices in 27 countries, also operates 6 dedicated data centers in various locations around the world. The ability to ensure 24/7 uptime of the IT infrastructure is pivotal to their business. This means they must always have access to critical IT assets like routers, switches, firewalls, servers, power, storage, and telecom appliances that operate the backbone communication framework.

“As a company, we pride ourselves on strength, resilience, and dependability,” says Andreas Themistocleous, Global Technical Lead Networks at QBE. “This must also be reflected in our network architecture. However, not every branch office has dedicated IT staff on-site to provide support should our network go down. In the event of an outage, we need a way to access our critical infrastructure equipment.”

For this purpose, QBE chose to standardize on Perle IOLAN Console Servers to provide Out-of-Band access to Cisco Switches, Cisco Adaptive Security Appliances (ASA), Palo Alto Firewalls, and Citrix NetScaler Application Delivery Controllers (ADC). They use a combination of 4 and 8 port compact Console Servers in branch office locations, and 16 or 48 port 1U Console Servers ‘top of rack’ in their Data Centers. Because all Perle IOLAN Console Servers share the same software features and functionality, they are an ideal “one-stop-shop” solution that can fit into any environment.

Out-of-Band Management (OOBM) is a solution that provides a secure dedicated alternate access method into an IT network infrastructure to administer connected devices and IT assets without using the corporate LAN. During system or network outages, a Console Server is a single hardware solution that provides secure OOBM to monitor IT assets and devices from multiple vendors. The Console Server gives administrators access to multiple admin console ports from anywhere, anytime, and any platform, as if they were directly connected. They can be used to reconfigure, reboot, and reimage remotely across the internet or WANs. Disruption and downtime are minimized by providing better visibility of the physical environment and the physical status of equipment. This ensures business continuity through improved uptime and efficiencies.

About QBE: www.qbe.com
Founded in 1886, QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,700 people in 27 countries.

About Perle Systems: www.perle.com
Founded in 1976, Perle Systems designs and manufactures highly reliable device networking, media conversion, and Internet of Things (IoT) connectivity hardware. With an extensive range of solutions, Perle products are ideal for organizations that need to establish network connectivity across multiple locations, securely transmit critical and sensitive information, or remotely monitor and control networked devices and appliances. Perle has offices in 9 countries and sells its products through a globally established distributor, system integrator, and reseller channel.

Contact Information:
Perle Systems
Julie McDaniel
1-800-467-3753
Contact via Email
www.perle.com

Read the full story here: https://www.pr.com/press-release/825780

Press Release Distributed by PR.com

Copyright © 2020 PR.com and its licensors , source US Press Releases

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Financials
Sales 2020 15 342 M 11 892 M 11 892 M
Net income 2020 -1 760 M -1 364 M -1 364 M
Net Debt 2020 3 203 M 2 483 M 2 483 M
P/E ratio 2020 -6,80x
Yield 2020 0,65%
Capitalization 12 414 M 9 606 M 9 623 M
EV / Sales 2020 1,02x
EV / Sales 2021 0,93x
Nbr of Employees 11 000
Free-Float 99,6%
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 10,16 AUD
Last Close Price 8,44 AUD
Spread / Highest target 42,2%
Spread / Average Target 20,4%
Spread / Lowest Target -8,77%
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Managers and Directors
NameTitle
Richard Vaughan Pryce Group Chief Executive Officer
Michael Wilkins Non-Executive Chairman
Inder Singh Group Chief Financial Officer
Matt Mansour Group Chief Information Officer
John M. Green Deputy Chairman
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