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Showing posts from October 3, 2016

The growth of the fingerprint sensors market in the banking & finance industry explained

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More and more, the growth of the fingerprint sensors market in the banking & finance industry is mainly driven by the rising instances of fraudulence in transaction. The increase in non-cash transactions in the past few years which drives the demand for cards (credit/debit), also impacts the growth of the fingerprint sensors market as, Biometric debit or credit cards provide more security over other methods.
According to Research and Markets, in Asia Pacific (APAC), the growth of the fingerprint sensors market is attributed to the increase in demand for mobile devices, increased government projects in law enforcement, rapid urbanization, growing population, and the increasing disposable income. 
The fingerprint sensors market was valued at 2.94 billion in 2015 and is expected to grow at a CAGR of 18.9% between 2016 and 2022, to reach USD 8.85 billion by 2022, according to Research and Markets.

Military mobile computing systems in our ever-connected world

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It is increasingly interesting to see that, the facilitation of communication has become an effective means for defense authorities to enhance the capabilities of their units in harsh environments.  The defense industry is embracing new mobile computing system technologies and shifting to a new generation of sophisticated systems that enable faster, secure, cost-effective, and more flexible communication. 
For those who are unfamiliar, Military mobile computing systems include electronic systems and devices that are used for the transmission of real-time data and reception of video, voice, and data signals essential in defense operations.

Key results of new report assessing data centre operations vendors in Canada

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The new report assesses Canadian data centre providers' ability to help Canadian companies migrate from corporate-run, on-premise facilities to 3rd party centres and hybrid environments, in addition to a vendor's facility features.
Go distinguished themselves by placing in the Major Players category. Over the past three years, Canada has seen a build out of over one million square feet of data centre space, and well in excess of 100MW of power added to the market. Over the past 24 months, the needs of a data centre have continued to increase. Data generated from corporate systems, mobile devices, and Internet of Things (IoT) networks continue to grow at a pace of 50% per year. Digital technologies such as analytics, social business platforms, and high performance computing put an ever-increasing stress on the best-in-class data centres.

The most exciting when it comes to Canadian Data Centre Operations and Management

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While the trends seems global, one can easily observe that, Canadian data centre providers' ability to help Canadian companies migrate from corporate-run, on-premise facilities to 3rd party centres and hybrid environments, is maturing.
IDC research shows that companies have little appetite for investing in their own new and existing data centre facilities, as there are currently less corporate-run data centres than there were in 2014.
In fact, technology leaders have decided that instead of continuing to throw good money at their own facilities, they are beginning to shift workloads to commercial hosting vendors that offer colocation, managed hosting, and cloud services. 
‘’Right now the majority of businesses are not shifting wholesale to cloud, but migrating towards a combination of data centre and cloud technologies, which opens up a large but competitive marketplace to data centre operations and cloud vendors in Canada," said Mark Schrutt, vice president, Services and Enter…

Wearable devices in the workplace

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Many findings converge on the fact, the variety and amount of wearables in the workplace is rapidly expanding as enterprises rely on them to help bridge the communications gap between employees and systems, and foster better productivity. 
Wearable healthcare monitors are increasingly the most popular form-factor and momentum is building for Head-Mounted Displays (HMDs), according to ABI Research.
Wearable devices in the workplace benefit employees by allowing them to use both hands to complete tasks without the need to hold a mobile device. Some employers use them as a form of identity and authentication, as well. 
ABI Research forecasts that more than 83 million annual shipments of wearables will be procured for business and that related revenues from hardware sales will exceed $14 billion.
The vendor ecosystem is dominated by specialized companies, such as Atheer, Augmate, Nymi, ODG, Proxxi, and Theatro.

Advantages to being an early adopter of blockchain technology

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In effect, there are many advantages to being an early adopter of blockchain technology. For instance, first movers are setting business standards and creating new models that will be used by future adopters of blockchain technology. 
I can also recall that, early adopters are better able to anticipate disruption, fighting off new competitors along the way.

Best extract value from blockchain technology, also mean:

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To best extract value from blockchain technology, the IBM study recommends that banks and financial markets institutions answer three questions: How fast should we move? , How can we scale across business networks?, and How can we innovate with new revenue models?

Many barriers to success when adopting blockchain

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While trade finance, corporate lending and reference data have the greatest potential to become emerging blockchain-based new business models, banks feel there are many barriers to success when adopting blockchain. 
According to those surveyed, the top barriers to success include regulatory constraints (56 percent), immature technology (54 percent) and lack of clear return on investment (52 percent).

The areas that are poised for dramatic change using blockchain networks

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The blockchain technology is shaking up multiple appetites while remaining immature until now. According to the new IBM study, conducted by the IBM Institute for Business Value (IBV), many banking institutions are prioritizing blockchain efforts in order to break down current barriers to creating new business models and reaching new markets.  I can also observe that, for financial markets institutions, seven out of 10 trailblazers surveyed are focusing their blockchain efforts on four areas: clearing and settlement, wholesale payments, equity and debt issuance, and reference data.
Financial services, supply chains, IoT, risk management, digital rights management and healthcare are some of the areas that are poised for dramatic change using blockchain networks.

Here is how IBM is advancing the science of blockchain

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It is interesting to observe that, IBM is steadily helping organizations of all sizes to understand what it takes to make blockchain ready for business.
Then, I can observe that, through its open source contributions to the Hyperledger Fabric and its blockchain services on IBM Bluemix, developers can easily develop applications while testing security, availability, and performance of a permissioned blockchain network. 
In fact, IBM is advancing the science of blockchain, helping to remove complexity, and making it more accessible and open.