Source - Alliance News

Synectics PLC - Sheffield, England-based security and surveillance systems firm - Releases latest version of proprietary Synergy software platform. Says update includes data analysis tools, improved user functionality, ‘more robust’ cybersecurity and further AI and sector-specific capabilities. The platform’s user interface has been simplified and mapping capabilities are improved. Synectics adds that Synergy’s open-architecture nature provides foundation for additional AI tools and more upgrades in the future. Notes that ‘AI functionality has multiple benefits, including risk detection and data analysis, improved operations and response times and to meet privacy regulations and requirements.’

Chief Executive Officer Paul Webb says: ‘This latest release of our Synergy software platform has been developed in conjunction with our customers to respond to their requirements, and the additional security features reflect ongoing development to ensure we maintain cutting-edge solutions against new and emerging threats.’

Current stock price: 114.40 pence

12-month change: up 6.9%

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