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Investment of US$2.6bn in insurtech helps drive fintech boom as companies adapt in ‘Survival of the Fittest’

The Insurtech M&A Market Report from international technology mergers and acquisitions advisors, Hampleton Partners, reveals that 2018 global fundraising for insurance technology start-ups has already reached an all-time high in volume with 204 deals and transaction values of $2.6 billion (€2.28 billion), close to the 2015 peak of $2.7 billion (€2.37 billion). (more…)

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November 21, 2018

Posted by: Anasia D'mello

The CISO’s evolving role: How digitalisation is bringing the fight to industrial security threats

It’s no longer a question of whether your business will be attacked, but rather when it will be attacked. Cyber attacks, particularly those on public sector and utility businesses, are now a regular, often daily occurrence. (more…)

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Posted by: Anasia D'mello

PTC buys Frustum for US$70mn adding AI and generative design skills to expand CAD Portfolio

PTC has acquired Frustum Inc., “an advanced generative design software company”, for approximately $70 million (€61.36 million). Frustum’s technology for generative design — an approach that leverages Artificial Intelligence (AI) to generate (more…)

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Posted by: Anasia D'mello

IAR Systems, Secure Thingz and Renesas Electronics collaborate on solutions for reliable industrial IoT security

IAR Systems, a supplier of software tools and services for embedded development, Secure Thingz, a global domain provider in device security, embedded systems and lifecycle management, and (more…)

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November 20, 2018

Posted by: Anasia D'mello

Micron collaborates with BMW to advance automotive memory technologies

Micron Technology, Inc., a provider of industrial memory and storage solutions, is to collaborate with BMW Group to advance the development of automotive memory solutions used in vehicles. (more…)

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Posted by: Anasia D'mello

How the core network will underpin 5G success

5G has long been the hot topic for discussion within the tech community. For many, the immediate association is that 5G, being a mobile technology, is defined by the radio network. But, says Ester Navarro, head of Telco Cloud product marketing at Nokia, we mustn’t forget something equally important – the core network. (more…)

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Posted by: Anasia D'mello

Software AG extends webMethods integration cloud to enable cloud deployment of on-premises integrations

Software AG has unveiled the newest release of its integration platform as a service (iPaaS) webMethods Integration Cloud. This now enables customers to deploy integrations designed on-premises directly in webMethods Integration Cloud. (more…)

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Posted by: Anasia D'mello

‘Next gen’ industrial cyber security platform launched by Lanner

Today’s industrial Internet of Things (IIoT) infrastructure has encountered increasing cyber security threats due to the vulnerability by the use of public networks for IT/OT convergence. (more…)

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Posted by: Anasia D'mello

Blockchain’s intrinsic functionality is important

Blockchain networks are secure, redundant and self-healing. When deployed they “build trust, reduce costs and accelerate transactions”. The quote comes from IBM. The company has more than 1,000 staff and $200 million invested in the blockchain-powered IoT. Deployments have been made by Maersk, a cargo shipping giant, and Walmart, the world’s biggest retailer, but small and medium-sized enterprises can obtain similar benefits. Blockchain is a mainstream development that really does break new ground, as did the Internet and voice followed by video over IP. (more…)

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November 19, 2018

Posted by: IoT global network

IoT helps shippers avoid the Blame Game and changes train operators’ business model

If I say Sony, I’d bet the first subjects that come to your mind are not healthcare or logistics management. Yet these are two key areas that Sony’s Sweden-based Internet of Things (IoT) team focused on at the recent IoT Solutions World Congress (IOTSWC18) in Barcelona, as Jeremy Cowan reports. (more…)

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Posted by: Anasia D'mello