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The installed base of construction equipment OEM telematics systems will reach 4.6 million units worldwide by 2021

By Zenobia Hegde

Berg Insight estimates that the global installed base of active construction equipment (CE) OEM telematics systems reached almost 1.8 million units in 2016. Growing at a compound annual growth rate (CAGR) of 21.3%, the active installed base is estimated to reach 4.6 million units worldwide in 2021.

This includes all CE telematics systems marketed by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with third-party telematics players. Berg Insight estimates that the European market accounted for almost 0.4 million active construction equipment OEM telematics systems at the end of 2016.

The North American market is estimated to be slightly larger than the European. The Rest of World represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.

Most major construction equipment OEMs have introduced telematics offerings for its customers either independently or in collaboration with telematics partners. OEM telematics systems are today commonly factory-installed as standard at least for heavier machines.

Berg Insight ranks Caterpillar and Komatsu as the leading construction equipment OEMs in terms of the number of CE telematics systems deployed worldwide. “The leading construction equipment manufacturers by market share are unsurprisingly also by far the top players when it comes to the number of OEM telematics subscribers“, said Rickard Andersson, senior analyst, Berg Insight.

He adds that this is a natural development in an industry where telematics has increasingly been included as standard with the machine purchase for quite some time, gradually covering more models and equipment categories. “Caterpillar and Komatsu together account for more than one million telematics units today”, continued Mr. Andersson.

Other key players include Japan-based Hitachi Construction Machinery and South Korea-based Hyundai Construction Equipment as well as JCB, Volvo CE and Deere & Company which are based in the UK, Sweden and the US respectively.

South Korea-based Doosan Infracore, Liebherr based in Switzerland and CNH Industrial which is headquartered in the UK all have global installed bases of construction equipment telematics units in the low tens of thousands. “Notably, half of the top-10 OEMs have surpassed the milestone of 100,000 telematics units globally”, concluded Mr. Andersson.

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Comcast Showcases Redesigned X1 Voice Remote

By Cablefax Staff

Comcast revealed the newly designed voice remote for its X1 platform on Monday. Like its predecessor, which won an Emmy, the remote was designed and developed by Comcast and manufactured by Universal Electronics. Comcast is Universal’s largest customer, accounting for 21% of its net sales ($36.8mln) in 3Q17.

The main hardware change is a relocated microphone button. New functions—available on both the original and new X1 remotes—include the ability to fast forward or rewind by a specific increment of time, music recognition technology, new commands for IoT devices and better AI for Spanish-language searches.

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IDC forecasts worldwide spending on the Internet of Things to reach $772 billion in 2018

By Zenobia Hegde

Worldwide spending on the Internet of Things (IoT) is forecast to reach $772.5 billion (€655.94 billion) in 2018, an increase of 14.6% over the $674 billion (€572.30 billion ) that will be spent in 2017. A new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide forecasts worldwide IoT spending to sustain a compound annual growth rate (CAGR) of 14.4% through the 2017-2021 forecast period surpassing the $1 trillion (€0.85 trillion) mark in 2020 and reaching $1.1 trillion (€0.93 trillion) in 2021.

IoT hardware will be the largest technology category in 2018 with $239 billion (€202.94 billion) going largely toward modules and sensors along with some spending on infrastructure and security. Services will be the second largest technology category, followed by software and connectivity. Software spending will be led by application software along with analytics software, IoT platforms, and security software.

Software will also be the fastest growing technology segment with a five-year CAGR of 16.1%. Services spending will also grow at a faster rate than overall spending with a CAGR of 15.1% and will nearly equal hardware spending by the end of the forecast.

“By 2021, more than 55% of spending on IoT projects will be for software and services. This is directly in line with results from IDC’s 2017 Global IoT Decision Maker Survey where organisations indicate that software and services are the key areas of focused investment for their IoT projects,” said Carrie MacGillivray, vice president, Internet of Things and Mobility at IDC. “Software creates the foundation upon which IoT applications and use cases can be realised.

However, it is the services that help bring all the technology elements together to create a comprehensive solution that will benefit organisations and help them achieve a quicker time to value.”

The industries that are expected to spend the most on IoT solutions in 2018 are manufacturing ($189 billion) (€160.48 billion), transportation ($85 billion) (€ 72.17 billion), and utilities ($73 billion) (€61.99 billion). IoT spending among manufacturers will be largely focused on solutions that support manufacturing operations and production asset management. In transportation, two thirds of IoT spending will go toward freight monitoring, followed by fleet management.

IoT spending in the utilities industry will be dominated by smart grids for electricity, gas, and water. Cross-Industry IoT spending, which represent use cases common to all industries, such as connected vehicles and smart buildings, will be nearly $92 billion (€78.12 billion) in 2018 and rank among the top areas of spending throughout the five-year forecast.

Marcus Torchia

“Consumer IoT spending will reach $62 billion (€52.64 billion) in 2018, making it the fourth largest industry segment. The leading consumer use cases will be related to the smart home, including home automation, security, and smart appliances,” said Marcus Torchia, research director, Customer Insights & Analysis.

“Smart appliances will experience strong spending growth over the five-year forecast period and will help to make consumer the fastest growing industry segment with an overall CAGR of 21.0%.”

Asia/Pacific (excluding Japan) (APeJ) will be the geographic region with the most IoT spending in 2018 – […]

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ICANN to Participate at the 12th Internet Governance Forum 2017 in Switzerland

This month, members of the ICANN community, Board, and organization will be in Geneva, Switzerland, participating in the 12th annual meeting of the Internet Governance Forum (IGF). It seems only fitting to point out that Geneva is where the first phase of the World Summit on the Information Society (WSIS) – which initiated the IGF – took place back in 2003. It is also the home of the IGF Secretariat.

The event will take place from 18 to 21 December 2017 at the Palais de Nations.

Since its inception, the IGF has evolved to become a unique and important platform for global dialogue on the development of the Internet, involving stakeholders from the wider Internet community. The IGF will afford ICANN an opportunity for bilateral discussions with a range of stakeholders from around the world.

This year, as in previous years, ICANN will engage in dialogue through a number of sessions, either as participants or through organized ICANN sessions. Key topics of discussion will be:

  • General Data Protection Rights (GDPR)
  • Multistakeholder governance in the Domain Name System (DNS)
  • Emerging identifier technologies and how they may play a role in the evolution of the Internet, including in the proliferation of the Internet of Things (IOT)
  • Voice of civil society in ICANN

We will hold our customary ICANN Open Forum, which I encourage you to attend. Göran Marby, ICANN CEO and President, and Cherine Chalaby, Chair of the ICANN Board, will brief participants on areas ICANN is addressing. These include the community’s preparatory work for a potential new application process for generic top-level domains (gTLDs) and an update on the effect of the implementation of GDPR legislation in Europe. This will be an interactive session where IGF participants will be able to engage in an open dialogue and exchange views with ICANN’s leadership.

Below are the main ICANN sessions at the IGF.

Date Time Title
17 December 15:00–16:30 How Digital activists are shaping the evolution of the Internet: the voice of civil society in ICANN
17 December 16:30–18:00 The DNS and Emerging Identifiers (including DOA)
19 December 09:00–10:30 Multistakeholder governance of the Domain Name System, lessons learned for other IG issues (WS76) – CCWG IG Session.
19 December 16:10–17:10 ICANN Open Forum: ICANN – Looking ahead: – Challenges and Opportunities (OF50)

ICANN community members have organized or will take part in other workshops, forums, and sessions. For more information, see the IGF website.

On the ground, the Government Engagement team, led by Tarek Kamel, will be coordinating the involvement of ICANN in this significant event.

We look forward to seeing you there soon!

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Nearly three-quarters of retail orgs lack a breach response plan

By Zenobia Hegde

With more than 174 million Americans shopping over the Thanksgiving holiday weekend, it’s looking to be a busy holiday season for retailers this year. As shoppers continue hunting for the perfect gift over the next couple weeks, it’s important to remember that cyber criminals will likely be on the hunt as well. How prepared are retailers to deal with an attack?

In an effort to answer that question, Tripwire surveyed IT security professionals working in retail organisations about their experiences and attitudes towards factors affecting IT security. The results found that a large majority are not fully prepared for data breaches this holiday season.

Of the respondents, only 28% of respondents said they have a fully tested plan in place in the event of a security breach. 21% said their organisation doesn’t have a plan at all, and the same proportion of respondents said they didn’t have the means to notify customers of a data breach within 72 hours, a requirement specified by the General Data Protection Regulation (GDPR).

“Considering the amount of high-profile data breaches that have occurred recently, plus the continued discussion around GDPR, it is surprising and concerning that many retailers do not have a tested plan in the event of a security breach,” said Tim Erlin, vice president of product management and strategy at Tripwire. “It’s encouraging that most respondents think they can meet the 72-hour notification window as set out in the upcoming GDPR, but if they haven’t tested their plans, I don’t know how confident they should be in that assumption.”

Only a small minority of the retail industry felt fully secure in their incident response capabilities. 23% of respondents said they were “fully prepared” to absorb potential financial penalties. Even fewer professionals (15%) said they were fully prepared to manage customer and press communications following an incident.

Not all the survey’s findings were discouraging, however. The results did provide some hope that the industry is moving in the right direction. More than half of respondents (57%) said that their organisation’s ability to detect and respond to a security breach has improved in the past year and a half. With the holiday season in full swing, organisations should make sure they have proper security safeguards in place.

“It’s really critical that organisations have a good view of what’s on their network at all times, that they harden their systems with secure configuration and vulnerability management, and that they are able to continuously monitor for change and are alerted to any drift outside the established security and compliance policies,” said Erlin.

There are a number of effective and established security control frameworks available to guide organisations, such as the CIS Critical Security Controls. Implementing even the most basic security controls can go a long way in improving an organisation’s security posture.

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