Growth of IoT is causing serious security concerns

Cybersecurity is one of the main concerns among businesses today, and with the proliferation of Internet of Things (IoT) sensors the problem is only going to get worse. This is according to Andrey Suvorov, CEO at Adaptive Production Technology (a Kaspersky subsidiary). Suvorov cited a report from Juniper Research, which asserts that the number of IoT connections should rise by …

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In 2021, CIOs will become the secret weapon for growth

As key navigators leading their businesses out of the stormy waters presented by the global pandemic, CIOs should no longer be seen as ‘nerds in chief’, nor should IT teams relegated to the basement surrounded by cables and humming servers.  We know firsthand now that the closer the IT approaches and overall business strategies are intertwined, the more successful the …

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Gartner forecasts huge collaboration market growth, despite return to offices

Although some workers are expected to return to their offices this year, many will remain remote or operate in a hybrid working model, driving significant growth in the social software and collaboration market. This is according to a new report from analyst house Gartner, which expects the market to be worth $4.5 billion this year, representing a 17.1 percent increase …

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How to assemble the perfect data stack to supercharge growth in 2021

Digital has been the key to survival for many brands since the beginning of the global pandemic. Businesses of all sizes have been forced to take the majority of their customer interactions online, embracing e-commerce and on-demand models almost overnight. The resulting explosion of customer touchpoints – from websites and apps to payment, messaging and support – has also generated …

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IBM profits slashed almost in half in 2020, despite cloud growth

Despite relative success in the cloud market, IBM has reported a decline in revenue for both Q4 and its 2020 fiscal year, leading to a significant fall in profits. On an earnings call, the company reported $20.4 billion in revenue for the fourth quarter of the year, less than the $20.67 billion analysts had anticipated and six percent less than …

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Global PC market recorded 25 percent growth in Q4 2020

In the fourth quarter of 2020, the global PC market grew by 25 percent, compared to the same period last year. According to new data from market analysts Canalys, a record 90.3 million units were purchased worldwide, excluding tablets. The report states that Q4 stood on the shoulders of a stellar Q3, recording an additional 13 percent growth over the …

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Ransomware attacks set for huge growth in 2021

The strategies employed by cybercriminals are becoming more sophisticated, which means ransomware attacks will likely be more frequent – and more devastating – in the coming year. This is according to a new report from disaster recovery firm Databarracks, which claims that outright prevention of ransomware is “impossible”. The only way to truly stay safe from ransomware attacks, the company …

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Growth in the face of Brexit chaos – how brands can overcome the logistics of going global

Brexit and its long-awaited impact have once again been the talk of the nation in recent weeks. This time, however, time is well and truly running out. With just weeks left for final Brexit negotiations to take place, and EU representatives insisting there will be ‘no more deadlines’, fears of a no-deal scenario continue to grow. Retailers have faced a …

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Industrial IoT set for major growth

The Industrial Internet of Things (IIoT), comprised of smart devices that allow for a highly autonomous manufacturing industry, is set to grow 207 percent within half a decade, according to a new report from analyst firm Juniper Research. Juniper claims that there will be more than 36.8 billion active IIoT devices by 2025, up from 17.7 billion today. The report …

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Shadow IT could be the secret key to business growth

Shadow IT, which refers to the use of unapproved tools by employees, could actually propel business growth in the months and years to come, claims a new report from Forcepoint and Fujitsu. According to the report, Covid-19 and the remote working boom have resulted in “unprecedented” levels of shadow IT. There has been a reported 45 percent increase in the …

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