Claroty - October 2023

Page 1

Procurement at Claroty at the forefront of business success

IN ASSOCIATION
REPORT 2023
WITH: DIGITAL

PROCUREMENT AT CLAROTY AT THE FOREFRONT OF BUSINESS SUCCESS

2 claroty.com
CLAROTY

Noga Sharabani, Director of Global Procurement at Claroty, discusses putting procurement at the forefront of business strategy

Claroty’s goal is to secure the cyber-physical systems (CPS) that are used to run critical infrastructure every day. Its technology protects systems used to run oil pipelines, health facilities, power grids, water utilities and many other essential services.

When Noga Sharabani made her first steps into the procurement sector, it was to protect against a very different type of threat.

“It was mid-1999, I was working in a bank and studying for my Master’s degree in Marketing & Finance when a friend called me saying that the high-tech company she was working for, Gilat Satellite Networks, was looking for someone to join the procurement team for a temporary role to oversee suppliers’ compliance for the Y2K bug,” she says.

“At the beginning of 2000, when the Y2K panic ended, I was asked to take the role of direct buyer and started to learn everything about the procurement world. Working for nearly 22 years at Gilat gave me the opportunity to develop my skills and gain experience in almost every category of purchasing – direct and indirect –and managing OEMs and suppliers in a multicultural environment, which kept my career very challenging but interesting.

“I had excellent mentors over the years who taught me about supplier relationship management, and this is what I am focused on teaching my team today.”

4 claroty.com CLAROTY

Unified Intake. Intelligent Orchestration.

Learn more

ProcurementWorks gives procurement teams what they need to build buying experiences that are personalized and intelligent. Now, procurement can automate the intake of all kinds of procurement requests and orchestrate complex resolutions.

Tonkean: Business process automation to maximise adoption

To understand the mission of Tonkean, you need to understand that compliance requires high adoption, and adoption requires a great experience

Sagi Eliyahu is CEO at Tonkean and was one of the founders just under a decade ago. Tonkean is a first-ofits-kind experience platform with the purpose of developing internal processes that employees actually follow.

“We started the company with a very simple goal in theory, but very hard in practice, which is empowering companies to leverage software better,” he says.

Maximising compliance through process improvement

The key to empowering companies in that way is helping them optimise their internal processes so that following those processes is both easier and more valuable than circumventing them.

“Everyone knows that if you go on a website and there are twenty fields for you to fill in versus one, the conversion rate is going to be poor. Why do we expect people within the company to fill in a twenty-step process?” he says.

Partnership with Claroty

Tonkean has been working with Claroty to modernise the way internal teams engage with the company’s processes and systems, with the aim of increasing adoption, compliance and satisfaction.

Ultimately, organisations like Claroty work with Tonkean to increase the value their procurement teams are able to create as partners to the business.

“They were a great partner to work with, and we are very excited to see the results and the value they’ve been getting through the platform,” Eliyahu adds.

The influence of AI is also something that excites Eliyahu, as he believes it will inspire people to rethink their approach..

“One thing that is very clear, is that it has reinvigorated the minds and the imagination of people into asking ‘why do I do it manually?’,” Eliyahu concludes. “They will ask why is this something that I need to take 10 clicks to do? Why can’t this be smarter? Why can’t this be more intelligent?”

Learn more

Nearly 25 years later, Sharabani is a passionate advocate of procurement operations taking a leading role within business, being central to the strategy of organisations going forward, and brought that mindset to Claroty since establishing its procurement operation in 2020.

After leaving her career in banking, she embraced procurement at Gilat Satellite Engineering, before making the step to Claroty, where she enjoyed the opportunity presented by helping a young cyber company implement a growth strategy.

Driving innovation through procurement Claroty was founded in 2015 and has grown to be a trusted provider and advisor for

“I am passionate about driving innovation in procurement and staying up to date on industry trends and best practices”
8 claroty.com CLAROTY
NOGA SHARABANI DIRECTOR OF GLOBAL PROCUREMENT, CLAROTY

hundreds of businesses with thousands of locations around the world. Its platform is a crucial tool that integrates with customers’ existing infrastructure to provide a full range of controls for visibility, risk and vulnerability management, threat detection, and secure remote access.

“I am passionate about driving innovation in procurement and staying up to date on industry trends and best practices,” says Sharabani. “I believe that collaboration and building strong relationships with suppliers are essential for achieving successful procurement outcomes.”

Driving that innovation has become ever more crucial after the expansion of

NOGA SHARABANI

TITLE: DIRECTOR OF GLOBAL PROCUREMENT

COMPANY: CLAROTY

INDUSTRY: CYBER SECURITY

LOCATION: ISRAEL

Noga Sharabani is the Director of Global Procurement at Claroty, and has 25 years of experience in the procurement sector and a Master’s Degree in Business Management from Ben-Gurion University in Israel.

She spent two decades at Gilat Satellite Networks, working her way from Procurement Buyer to Strategic Procurement Manager, before moving to Claroty in 2020.

She is passionate about professional development, embracing the latest technological trends, and moving procurement operations to the forefront of business.

Claroty Ensures Safe SaaS Usage With Wing Security

Wing provides peace of mind by leveraging in-product remediation and automation to secure organizations' SaaS usage at an affordable price

Click for Free SaaS Discovery

Regaining control over SaaS usage with Wing Security

Claroty turned to SaaS security posture management (SSPM) leader Wing Security, to ensure its SaaS usage is secure.

Claroty secures the Extended Internet of Things (XIoT) to achieve unmatched visibility, protection, and threat detection across all cyber-physical systems. When it came to securing their employees’ SaaS usage, they turned to Wing Security to ensure they have full control over their SaaS layer.

“Wing provides us with the visibility and the detail we need to protect our (SaaS) environment and make sure that our employees are safe and secure when they’re dealing with SaaS applications,” says Tim Hillyard, Senior Director of Security Operations at Claroty.

SaaS onboarding is decentralised and often doesn’t go through IT or Security approvals. This creates a massive Shadow IT problem, as well as a serious security concern Hillyard adds: “We need Wing because many SaaS applications are actually vulnerable to certain types of attacks, and in some cases these SaaS applications are malicious. “They are created

by bad actors whose intention is to compromise your end systems, or gain access to your personal data. So we need visibility on bad applications so that we can protect our employees.”

Wing Security is the only SSPM provider to deliver SaaS visibility completely for free. More info on that here It is unique in that it doesn’t only lay out the problem for you by showing you all the SaaS applications, users who use them and the data that is shared in and between SaaS applications, it also automatically remediates SaaS security issues from within the system, taking the load off of the security teams.

For other companies looking for similar SaaS peace of mind, Hillyard has this advice: “Find a company like Wing, that can change quickly and adapt to the ever-changing SaaS threat landscape.

“You need a tool that can also adapt quickly to the environment and protect your users and your data.”

Learn more

the Claroty team and portfolio with the acquisition of the healthcare IoT security company Medigate in January 2022.

This represented a quantum change in the company, expanding its focus beyond operational technology (OT) to protect all CPS across industrial, healthcare, and

commercial environments: the Extended Internet of Things (XIoT).

Procurement at the forefront of business strategy

This expansion, combined with the everchanging roster of cyber threats, means it is imperative that the company remains at the forefront of technology innovation while maintaining fast, efficient, and sustained growth.

“In my experience, putting procurement at the forefront of business strategy is essential in driving efficient growth for any organisation. At Claroty, the procurement function is fully aligned with the company’s growth objectives, which empowers our team to not only source and manage resources more effectively, but also to proactively identify cost-saving

“Procurement teams must establish robust data governance practices, clear policies, data quality controls, and data integration strategies to leverage AI effectively”
claroty.com 13 CLAROTY
NOGA SHARABANI DIRECTOR OF GLOBAL PROCUREMENT, CLAROTY

opportunities, adopt a culture of innovation, and foster supplier partnerships.”

One of the biggest challenges Sharabani faced in this role was managing cloud spend. “After the Medigate acquisition, we had to bring two very different cloud spend strategies together. The Claroty platform at the time was on-prem with very little cloud spend, while the Medigate platform was fully SaaS and drove high cloud spend.”

Within a few months of the acquisition, Claroty had developed a new SaaS product called xDome, which further increased its cloud spend.

“To address this challenge, I asked Eli Mansoor, the owner of OskaQ Consulting, to help us develop a cloud spend management plan,” Sharabani describes. “This plan included setting clear goals, identifying cost-

“By leveraging cutting-edge solutions, emerging technologies, and strategic partnerships, I am able to secure the most innovative and robust technologies offerings for our organisation”
Claroty WATCH NOW
14 claroty.com CLAROTY
NOGA SHARABANI DIRECTOR OF GLOBAL PROCUREMENT, CLAROTY

saving opportunities, and implementing best practices for cloud procurement. As a result of this plan, Claroty as a team – including Procurement, Product, DevOps, R&D, and Chief Architect – is working in full sync and we were able to reduce the cloud spending substantially, while still supporting the growth of our business.”

It is by adopting this mindset for the procurement function that Sharabani believes she can make the greatest impact on the future success of the business and the customers who rely on its technology to secure their most critical operations.

“I am committed to staying at the forefront of technological advancements and industry best practices,” she argues.

“By leveraging cutting-edge solutions, emerging technologies, and strategic

partnerships, I am able to secure the most innovative and robust technology offerings for our organisation. I meticulously evaluate and select suppliers with proven expertise, track records of excellence, and a strong commitment to data protection and privacy.”

By building strong communication channels with other business functions, Sharabani has helped to add value to Claroty and support the revenue side through proactive engagement with key departments such as Business Development, Product, DevOps, and Finance. I’ve been able to identify and capitalize on numerous opportunities for cost optimization and value enhancement that directly contribute to revenue growth.

My team and I work closely with the Product team to define and track our COGS (Cost Of

claroty.com 15

Your partner for optimizing

cloud spend

“With OskaQ Consulting I feel confident that Claroty’s cloud spend is optimized, in control, and we have the agreements we need in order to accelerate Claroty’s business growth”

OskaQ

Consulting services:

• On-going FinOps-as-a-service

• Negotiate cloud discount agreements

• FinOps maturity assessment

• Build a cost aware organization culture

• Accelerate business collaboration with your cloud vendors

LEARN MORE
Co-authored by OskaQ-Consulting Founder

Goods Sold) and cloud infrastructure, ensuring we are getting the best value for our investments but also maintaining scalability.

In collaboration with the Finance department, we’ve successfully optimized payment terms, reduced supplier duplication, and streamlined critical processes. For instance, we’ve implemented an efficient vendor onboarding process through automation using the Tonkean AI platform, which not only saves time but also ensures compliance and cost efficiency.

Year founded

driven innovation and continuous improvement throughout the organisation,” Sharabani says. “I take great pride in my ability to establish and nurture these relationships and communication channels, as they have been instrumental in driving success and positively impacting the procurement function at Claroty.”

Embracing emerging technologies

Moreover, a strategic partnership with the Business Development team has resulted in the optimization of AWS agreements, further boosting revenue for Claroty. This collaborative approach across functions underscores how procurement can have a direct and positive impact on the bottom line.

“These examples reflect how the strong relationships and effective communication channels established in procurement have

Sharabani believes that the future of procurement is going to be fundamentally linked to, and influenced by, emerging technologies and digital transformation and that procurement leads need to embrace automation, AI and data-driven decisions.

“By leveraging technology effectively, procurement leads can enhance efficiency, reduce costs, and improve decision-making,” she says. “So, in the next 12 to 18 months, we’ll continue to adopt automation and AI.” This mentality, Sharabani explains, will help

claroty.com 17 CLAROTY
2015
“I wake up each morning eager to learn something new and experience the impact it has on procurement”
18 October 2023
NOGA SHARABANI DIRECTOR OF GLOBAL PROCUREMENT, CLAROTY

build the foundations for the next decade of progress at Claroty.

“By successfully establishing a scalable procurement organisation, we are helping to position Claroty as a trusted partner for securing critical infrastructure and enabling the adoption of CPS. This will create new opportunities for growth and expansion, allowing us to play a pivotal role in securing the XIoT ecosystem.”

Although AI presents many positive possibilities, she emphasises that it needs to be used carefully and with intelligence to get the most useful results.

“AI relies heavily on high-quality data and we – as the data source – need to ensure data accuracy and integrity. Procurement teams must establish robust data governance practices, clear policies, data quality controls, and data integration strategies to leverage AI effectively.”

Best-in-class partnerships

The quality of the partnerships formed between the procurement team at Claroty and both internal and external colleagues is something Sharabani is particularly proud of, as it has allowed her to align with business objectives and drive successful outcomes.

“Collaborating closely with strategic suppliers has allowed for deeper, stronger partnerships, resulting in achieving company targets like opening local fulfilment centres in the US and Germany to support our customers locally,” Sharabani says. “By maintaining strong connections with stakeholders, I have been able to align procurement strategies with organisational goals, ensuring seamless integration and driving mutual success like cost optimisation and risk mitigations.”

claroty.com 19 CLAROTY

Sharabani emphasises the importance of some of Claroty’s external partners, as identifying best-in-class partners helps the company achieve its objectives.

She highlights the partnership with OskaQ which has become a key partner in cloud management strategy.

“They have expertise in optimising cloud expenditure and work closely with me and the company to identify areas of improvement,” she says. “Through their guidance and recommendations, we have been able to make strategic adjustments that increase profitability and optimise our cloud spending.”

This has helped fulfil a highpriority project focused on cloud cost management and optimisation, which is essential for improving the company’s gross margin.

Another key partnership Sharabani references is Wing Security, which gives full visibility into Claroty’s environment and enforces security controls and policy.

“We have monthly meetings with the partner to discuss issues, features, new requests and mutually understand the evolving threat landscape to ensure we are aligned,” Sharabani says, emphasising the importance of close communication.

“The partnership with Wing Security has been essential,” she adds, “allowing Claroty to effectively manage our security programme and meet our projected target goals to protect Claroty and ultimately our customers from everchanging threats.”

Another partner is Snyk, which helps Claroty’s software development team develop fast and

CLAROTY 50+ Amount of countries Claroty serves in claroty.com 21
22 claroty.com

stay secure, using AI and automation from their first lines of code to their running cloud.

Sharabani also highlights the value of the Tonkean partnership, as a comprehensive solution to handling the entire procurement process.

“By leveraging Tonkean, we can save time and resources for my team while ensuring a seamless and efficient procurement process, from intake to resolution,” she says. Sharabani continuously links the importance of the procurement operation to wider business and customer goals, whether that be in terms of finance, environment, or security, and the input of partners is critical to that success.

“Overall, these partnerships have been invaluable in helping us achieve our aims. They bring expertise, technological capabilities, and streamlined processes that contribute to cost savings, efficiency, and a positive user experience,” she emphasises. “By collaborating with these partners, we can drive success in our procurement function and support the overall growth and success of the company.”

When Claroty acquired Medigate, Sharabani says this presented an opportunity to increase value from procurement synergies. “I implemented a new SaaS management platform called Zluri for visibility into all the software within Claroty and Medigate’s respective technology stacks and was able to manage renewal effectively. This way I could better manage the integration, and identify similar or duplicate SaaS platforms, which not only saved a significant amount of money but also enhanced overall efficiency.”

Continuous improvement

With nearly 25 years of experience in the procurement sector, Noga Sharabani has seen significant changes in technology that have fundamentally transformed the way procurement business is conducted, and she says it motivates her to stay on top of industry trends and best practice.

She believes seeking continuous improvement is the way she gets constant fulfilment from her profession.

“Besides the joy of raising my five children, I wake up each morning eager to learn something new and experience the impact it has on procurement,” she says enthusiastically. “I actively engage in professional networks, participate in continuous learning opportunities, and find inspiration in podcasts and webinars. It is incredibly exciting to witness how AI, for example, can elevate the field of procurement.”

Her advice to other professionals earlier in their procurement careers is to embrace change, as the environment is constantly evolving because of technological advancements, market dynamics and global factors, but by staying adaptable you can thrive.

“What I find most fulfilling about working in my role is the opportunity to shape the future of my organisation in today’s rapidly changing business landscape,” Sharabani concludes. “By embracing innovation, collaboration, and continuous improvement, I can contribute to creating a resilient and sustainable procurement and supply chain that drives business success.”

claroty.com 23 CLAROTY

Claroty

1250 Broadway, Floor 26 New York NY 10001-3701

United States

claroty.com

POWERED BY:

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.