(ipv6 and security) -ipv4

Bsquare partners with Amazon QuickSight and Microsoft Power BI to help drive and share industrial IoT data visualisations

By Zenobia Hegde

Bsquare, a provider of Industrial Internet of Things (IIoT) solutions, announced new DataV software integrations with Amazon QuickSight and Microsoft‘s Power BI that allow industrial organisations to quickly create and share powerful new cross-system interactive data visualisations and reports.

Customers can now leverage these popular reporting platforms to take connected device information from within DataV and combine it with other enterprise system data to create new data views that can be critical for business success.

“Data generated from connected equipment is allowing industrial companies to make quicker and more accurate decisions about their business,” said Dave McCarthy, senior director, products at Bsquare.

“The ability to quickly create new visualisations of that information by combining it with other data – and easily sharing the results with others in the organisation – is critical to achieving that goal. DataV currently offers native reporting based on the functionality within our apps. By providing an open standard connection to tools from third party vendors like Amazon and Microsoft, we’re helping customers extend the value they can get out of their IIoT data sets.”

With connected endpoints in businesses poised to grow from 3 billion in 2017 to 7.5 billion by 2020, being able to capture device data and turn it into actionable intelligence is fundamentally changing how industrial organisations operate. From predicting equipment failures to better utilisation of assets, DataV already helps organisations drive powerful business outcomes from connected device data.

These new integrations help extend the functionality of DataV so customers can build even more powerful cross-system visualisations and reports. Teams can create custom visualisations or select from a list of pre-built reports that map to the apps available in DataV.

DataV enables industrial organisations, such as those in manufacturing, transportation, and oil and gas industries to use data generated by connected devices to make smarter operational decisions.

DataV IoT applications and platform help businesses translate insights generated by industrial assets into critical operational improvements, such as better managing devices, increasing production volume, or reducing operating costs. Visualisation tools are a critical component to realising these and other benefits from IIoT.

Amazon QuickSight is a fast, cloud-powered business analytics service that makes it easy to build visualisations, perform ad-hoc analysis, and quickly get business insights from data.

Power BI from Microsoft is a suite of business analytics tools that enable organisations to connect to hundreds of data sources, simplify data prep and drive analysis. Rich, custom visualisations can be viewed from browsers or mobile devices. DataV also integrates with the Tableau visual analytics platform.

To learn more about how DataV is driving powerful business outcomes from IIoT, click here.

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Roboadvisor platform revenues to reach $25 bn by 2022, as automation drives wealth management

By Zenobia Hegde

A new study from Juniper Research has found that roboadvisor platform revenues will reach $25 billion (€20.75 billion) by 2022, up from an estimated $1.7 billion (€1.41 billion) in 2017, as the automation of wealth management revolutionises the way individuals invest.

The new research, Fintech Futures: Market Disruption, Leading Innovators & Emerging Opportunities 2017-2022, found that roboadvisors will make investments more compelling to HNWIs (High Net Worth Individuals) and lower income individuals, with average fees estimated as low as 0.6% of assets under management in 2022, with disruption from new players such as Moneybox and Nutmeg.

Roboadvisors widening appeal of wealth management

Juniper found that roboadvisors are broadening the appeal of the wealth management market, with their delivery method via intuitive smartphone apps making the investment process far more convenient, offering a compelling reason for millennials to invest.

The study found that this will drive total assets under management by roboadvisors upwards twelvefold, to $4.1 trillion (€3.40 trillion) in 2022, from an estimated $330 billion (€273.88 billion) in 2017.

Juniper predicted that roboadvisors will become increasingly more automated over time, as AI & machine learning based approaches mature. Research author Nick Maynard added: “The technologies powering roboadvisors will mature to such an extent that they move from their current human supervised role to being utilised in a fully automated way. This will be aided by track records of performance automated roboadvisor systems are establishing.”

Potential savings from automation tempting existing players into investment

While new entrants are disrupting the market, traditional wealth management players are also adopting new technologies to evolve their business models.

Providers such as BlackRock and Aberdeen Asset Management have invested in roboadvisor start-ups, such as Scalable Capital, FutureAdvisor and Parmenion. The study found that the appeal of these technologies is clear to established players, as automated systems, even in a limited role, will enable significant cost reductions and therefore increase their overall quality of service and profitability.

The whitepaper, The Future of Fintech – Disrupt, Collaborate or Die, is available to download from the Juniper Research website together with details of the new research and interactive dataset.

Juniper Research is acknowledged as the leading analyst house in the digital commerce and fintech sector, delivering pioneering research into payments, banking and financial services for more than a decade.

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Zain Group and Cisco Blaze innovation trail to drive network transformation for the digital era

By Zenobia Hegde

Zain Group and Cisco announced that they have successfully achieved a key milestone in expanding the telecommunications operator’s IP/MPLS network with cutting edge technologies, setting the groundwork for new opportunities and business models to be developed.

As a telecommunications operator serving over 45 million customers across eight countries in the Middle East and North Africa, Zain Group’s network infrastructure faces an increase of expectations and workloads driven by the growth of devices and connections. The annual Cisco Visual Networking Index™ (Cisco VNI™) forecast projects a 12-fold increase in Middle East and Africa mobile data traffic from 2016 to 2021, a compound annual growth rate of 65%.

This unprecedented growth requires service providers to transform their networks. Zain Group is leveraging Cisco® advanced segment routing platforms and WAN automation to bring the benefits of distributed intelligence and centralised control to its network. Cisco’s industry leading innovation around cloud-scale and automation will deliver next-generation network capabilities to Zain Group to enable simplification, scalability and open innovation that drive business results.

“The demands of the digital era means that we must prioritise improving speed and efficiency, defining a growth strategy based on new services, and ensuring security,” said Henri Kassab, managing director, International, Wholesale and Roaming, Zain Group. “These are the building blocks of our innovation that support our transformation in becoming an integrated digital lifestyle operator. With the support of Cisco’s leading technology, our future-ready network architecture positions us well to drive tangible business outcomes and meet the evolving demands of our customers.”

The deployment is a bold move toward network automation and represents a significant step towards a more resilient network that delivers high bandwidth, enhanced application intelligence for 5G, and a significantly improved end user experience that defines the network of the future. Cisco’s technology will also help Zain Group optimise network operations and offer a richer suite of differentiated services.

“The capabilities of Cisco’s segment routing, automation and our best of breed routing engines enable Zain Group to implement a programmable network that allows them to rapidly adapt to future customer needs,” said Ali Amer, managing director, Global Service Provider Sales, Cisco Middle East and Africa. “By fast tracking their network automation, Zain Group are future-proofing their network with an agile, scalable and secure architecture that supports their growth strategy and enhances their competitiveness.”

Ali Amer

Other benefits Zain Group will gain by modernising their global IP/MPLS architecture include simplified operations, programmability, scalability and increased network availability.

The Cisco Visual Networking Index (Cisco VNI) forecasts that by 2021, the Middle East and Africa will have 2.4 billion networked devices (up from 1.7 billion in 2016) and 1.4 networked devices per capita, while 75% of all networked devices will be mobile-connected in 2021.

Cisco is leading the disruption in the industry with our technology innovations in systems, silicon, optics, services and security, and our unrivalled expertise in mass-scale networking, automation, optical, cable access, video, and mobility. This enables service providers, media and web companies to reduce cost and complexity, help secure their networks, and grow revenue.

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30% of organisations do not know how much of their IT budget is being spent on IT resilience, says Databarracks

By Zenobia Hegde

Research from Databarracks, has revealed that 30% of organisations do not know how much of their IT budget is being spent on disaster recovery and backup services. This follows wider industry research finding that firms in Europe and North America spend 7% of their IT budget on backup and disaster recovery.

Data from Databarracks’ annual Data Health Check survey revealed a number of insights into organisational attitudes and approaches towards IT resiliency:

25% do not know what percentage of their IT budget should be allocated for disaster recovery and business continuity
Only 43% of organisations have tested their disaster recovery processes over the past 12 months
29% of respondents answered “less than £1,000” when asked ‘how much annually does your organisation spend on backup/DR solutions’

Peter Groucutt, managing director of Databarracks comments: “It’s often difficult for IT to secure investment for resiliency because it’s not seen as a particularly dynamic or sexy investment that will add value like a new customer-facing system. But we all know we need to invest in resilience to ensure our continued operation.”

Groucutt continued: “Disaster recovery and backup spending is protection against the risks of user downtime, data loss, and business interruption, but often knowing how much investment needed is difficult to gauge. Every organisation knows it needs some level of protection, but determining the extent, and the appropriate financial investment is an ongoing challenge, as evidence from our research highlights.

“The analogy we often use is the police recommendation for protecting a bike. They suggest spending at least 10% of the value of the bike on the lock to secure it, which makes sense – if you put a cheap lock on an expensive bike it will be quickly stolen. The one caveat we would add to that analogy is that the amount you spend should also relate to your risk profile.

If you frequently lock your bike up at a train station with known bike thieves you would be wise to invest more in your lock. Similarly, if your premises are in a location susceptible to flooding or terrorist events it is sensible to invest more in your resilience.

Groucutt concludes that to help secure the funds needed to improve IT resilience, senior management must understand what the true cost of IT downtime would mean for an organisation: “There isn’t a simple answer to say ‘invest X% and you’ll remain safe,’ that works for all businesses, but that doesn’t mean that it is very difficult to budget for continuity.

“As with other aspects of continuity planning, if you have identified the risks to your business and analysed the impact incidents will have on your operations, it then becomes clear what mitigation strategies you need to put in place. It will always be difficult to secure investment for IT resilience if you don’t have a clear picture of what impact downtime will have.

Presenting a downtime cost – considering both the tangible, as well as the intangible or hidden costs – immediately puts the cost of investment into context, and helps strengthen the case for improving IT resilience.”

For more information […]

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Dogtown Media Recognized As Top IoT Developer Of The Year In Clutch…

Dogtown Media has earned a spot on Clutch’s 2017 Global Leaders List. Over 7,000 companies across the world were considered for the prestigious honor, and the Los Angeles-based mobile app developer…

(PRWeb December 28, 2017)

Read the full story at http://www.prweb.com/releases/2017/12/prweb14996409.htm

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