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Security researchers are warning of a significant global rise in Chinese cyber espionage activity against organizations in every industry. But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023.
Be it in the energy industry, e-government services, manufacturing, or logistics, the fourth industrial revolution is having a profound impact. Put simply, it involves combining the depth of industry expertise, with the breadth of the most advanced technological offerings. Digitalization is everywhere.
Security researchers are warning of a significant global rise in Chinese cyber espionage activity against organizations in every industry. But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023.
As the GCC countries continue to evolve into global digital hubs, the adoption of technologies such as 5G, AI, and IoT is accelerating rapidly. Malik noted that 5G has been in the GCC for more than five years, enabling both carriers and industry customers to explore the possibilities of a truly digital world.
Customers demand—and suppliers offer—a diverse mix of monetization models for Software and Digital Services related to IoT Devices. Approximately a third (34%) of respondents in this year’s annual software and IoT monetization survey still rely on homegrown solutions. Fast innovation (SaaS, IoT, etc.)
In recent years, a cottage industry has sprung up around the industrial internet of things (IoT) landscape — and the data generated by it. Despite the crowdedness in the industrialIoT sector, Vatsal Shah argues that there’s room for one more competitor. billion in 2020.
In that Economist report, I spoke about society entering an “Industrial Revolution of Data,” which kicked off with the excitement around Big Data and continues into our current era of data-driven AI. We were focused all the way back then on what we now call the Internet of Things (IoT). And that certainly happened.
People create IoT applications; people use IoT applications—the world’s technology grows from the internet to the Internet of Things, from middlemen transaction processes to Smart Contracts. How do you develop IoT applications ? Cloud: The cloud is the IoT’s storage and processing unit.
Several industries in the Middle East are set to experience significant digital transformation in the coming years. Finally, the oil and gas sector will embrace digital transformation through technologies like AI, IoT, and robotics, driving improvements in predictive maintenance, real-time monitoring, and operational efficiency.
Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. This round brings the company’s total funding to $27 million. ” Karamba Security’s XGuard.
Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity.
Impact of AI and IoT The integration of AI and IoT devices presents both opportunities and challenges for cybersecurity. Security leaders emphasize the need for robust security measures to mitigate the risks associated with AI and IoT, including encryption, access controls, and regular security assessments. “As
Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.
There may be billions of IoT devices in use today, but the tooling around building (and updating) the software for them still leaves a lot to be desired. The pandemic has transformed industries like connected fitness, digital health, hospitality, and food delivery, further accelerating the adoption of intelligent edge devices.
Which industries in the Middle East are most likely to see significant digital transformation and technology investments in the next few years? Several industries in the Middle East are poised for significant digital transformation and technology investments over the next few years.
What you need to know about IoT in enterprise and education . In an era of data driven insights and automation, few technologies have the power to supercharge and empower decision makers like that of the Internet of Things (IoT). . As the adoption of IoT devices is expected to reach 24.1 billion by 2029.
But applications in industrial, military and enterprise scenarios have shown that there is indeed a market for unmanned aerial vehicles, and today, a startup that makes drones for some of those latter purposes is announcing a large round of funding and a partnership that provides a picture of how the drone industry will look in years to come.
Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Its main products include digital door locks and wall pads that connect to users’ smartphones.
Today, Israeli startup Vdoo — which has been developing AI-based services to detect and fix those kinds of vulnerabilities in IoT devices — is announcing $25 million in funding, money that it plans to use to help it better address the wider issue as it applies to all connected objects. billion by 2025 from $12.5 billion in 2020.
The distributed nature of todays work environments, fueled by cloud computing, remote work, and the Internet of Things (IoT), presents unprecedented security challenges. This will also proliferate to the IoTindustry, protecting the authenticity of simple devices and sensors.
At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5 million cash infusion in April 2021.
The Internet of Things (IoT) is a permanent fixture for consumers and enterprises as the world becomes more and more interconnected. By 2027, the global number of connected IoT devices is projected to exceed 29 billion, a significant increase from the 16.7 billion devices reported in 2023.
Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.
Con esta colaboración, la compañía catalana de satélites de órbita terrestre baja aspira a fortalecer la conectividad de su constelación de satélites 5G-IoT. Así, Sateliot aprovechará la red de Leaf Space como punto de presencia 5G, buscando revolucionar la conectividad IoT.
IT or Information technology is the industry that has registered continuous growth. It was in a better situation even in the COVID-19 situation than other industries. However, the ever-growing IT industry has encouraged the young generation and current professionals to find their ideal career opportunities. IoT Architect.
While warp speed is a fictional concept, it’s an apt way to describe what generative AI (GenAI) and large language models (LLMs) are doing to exponentially accelerate Industry 4.0. I am fascinated and passionate about helping manufacturers leverage Gen AI-fueled edge deployments that break through legacy Industry 4.0
Brooks, a technology industry veteran who has worked with the likes of DocuSign, Juniper Networks and Microsoft over the past 25 years, replaces interim chief executive Lorne Groe, who returns to his role as CFO and COO. . In addition, Censys has named Brad Brooks, former CEO of OneLogin , as its new CEO.
The report reveals how enterprises worldwide and across industries are using and managing AI/ML tools, highlighting both their benefits and security concerns. Zscaler Figure 2: Industries driving the largest proportions of AI transactions 5. billion AI/ML transactions in the Zscaler Zero Trust Exchange.
Technology has quickly become a top priority for businesses across every industry. And as the demand for tech talent grows in industries beyond tech, salaries are on the rise in fields such as consulting, finance, hospitality, and more. So much so that IT roles are no longer just the purview of the IT department.
En route to one of those plants in Missouri, Kietermeyer explained to CIO.com that the combination IoT and edge platform, sensors, and edge analytics rules engine have been successfully employed to address pressure and temperature anomalies and the valve hardware issues that can occur in the diaper-making process. “The
Industrial security Armis is one of a handful of companies that plays in the industrial security — also called operational technology security — and IoT security spaces. However, securing older industrial control systems that were designed decades ago — long before cyberattacks were a reality — have proven difficult to build.
As the GenAI landscape becomes more competitive, companies are differentiating themselves by developing specialized models tailored to their industry,” Gartner stated. Agentic AI will be incorporated into AI assistants and built into software, SaaS platforms, IoT devices and robotics.
For example, for its railway equipment business, Escorts Kubota produces IoT-based devices such as brakes and couplers. He says that it may start ingesting online data through IoT devices so that it can provide recommendations based on the actual conditions of its feed. “So
Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, Cropin is set on digitizing the agricultural industry. Cropin Data Hub, meanwhile, gathers data from different sources for analysis, including on-field farm management apps, IoT devices, drones, remote sensing satellites and weather reports.
At the same time, leaders say the industry will need colleagues who can strategize, guide, and check AI-enhanced work, while keeping in mind the business goals of their organization. These skills, along with the knowledge of how to use emerging technology, will empower you regardless of industry, role or company.”
With the fourth quarter now upon us, every industry faces a challenge in managing a holiday production calendar that will deliver the goods. He has more than 20 years of experience driving organizational transformation. His experience includes leadership roles at Nike Inc., Wells Fargo, Sonic Automotive and Cambia Health Solutions.
Technology has proven important in maintaining the healthcare industry’s resilience in the face of so many obstacles. At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. Healthcare is poised to benefit significantly from the proliferation of the IoT.
Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Transformation using these technologies is not just about finding ways to reduce energy consumption now,” says Binu Jacob, Head of IoT, Microsoft Business Unit, Tata Consultancy Services (TCS).
Managing IoT devices in a large organization can be a messy proposition, especially when many of them aren’t even managed directly by IT and often involve integrating with a number of third-party systems. They work with a range of industries including airports, casinos and large corporate campuses.
For Namrita, Chief Digital Officer of Aditya Birla Chemicals, Filaments and Insulators, the challenge is integrating legacy wares with digital tools like IoT, AI, and cloud platforms. The tech industry is constantly evolving, and staying updated with the latest trends and technologies is crucial. Saloni Vijay sums it up aptly.
But more devices attached to the internet means more security vulnerabilities — which means a big surge in cyberattacks on IoT devices. The tech industry has been heralding the platform’s demise for literal decades. Cloud Development. A Post-PC World. Predictions of “the death of the PC” are nothing new.
For industrial sector organizations, frontline workers play a crucial role in achieving productivity, efficiency, and safety targets. Enhanced safety: Safety is a critical concern in the industrial sector. To empower these workers and increase their influence, edge computing has become a critical enabler. capabilities. capabilities.
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