IT Leader provides insight and guidance on issues impacting information technology and telecommunications professionals, focusing on overall market trends, strategic issues, and advice on supplier activities.
• Operators and other suppliers may have difficulty this year selling IoT deals to new customers or expanding existing projects. IoT deals are often complex, and economic realities due to the COVID-19 pandemic may make it difficult for businesses to justify the expense, especially if they are in hard-hit verticals such as retail or hospitality.
• However, many operators note that they are doing well this year closing IoT deals. They have also launched services that help detect and prevent COVID-19. Which of these may last in a post-pandemic world?
Has COVID-19 Been Bad for the IoT Market?
IoT services budgets (and analyst market forecasts) have been tamped down in 2020 due to the premise that operators and other suppliers may have difficulty this year selling IoT deals to new customers or expanding existing projects. IoT deals are often complex, and economic realities due to the COVID-19 pandemic may make it difficult for businesses to justify the expense, making the job of selling these solutions harder as well. Certainly in some segments especially hard hit by the pandemic such as retail, sports stadiums, hospitality, transportation, ports, airports, and energy, it may be difficult for companies to imagine trialing and paying for a new potentially complex technology solution. IoT deployments may require hardware, software, connectivity services, edge computing, security solutions, and use of management platforms, often bought from multiple members of a fragmented supplier ecosystem. It was hard enough to justify all of these investments before the pandemic. Yet the hype surrounding 5G and its ability to support massive numbers of IoT connections, ultra low latency and high bandwidth has made it seem that 2021 will be a banner year for IoT. However, it seems more likely that 2021 will be focused on tactical solutions, rather than wholesale IoT-led transformation. In addition, the benefits of 5G and edge computing may not be reaped for several more years. Continue reading “IoT Services in a Post-COVID-19 World: An Update”→
• Capgemini rolled out a suite of six services to help companies leverage the benefits of edge computing and 5G.
• Success will depend on Capgemini’s ability to demonstrate its industry expertise and experience in managing complex ecosystems, and customers’ appetite for new digital transformation projects during the pandemic.
Edge computing and 5G networking are hot technologies that claim to propel businesses into the future by supporting intelligent industry and digital transformation. There is no doubt that the proliferation of connected devices holds the potential to transform how businesses operate, leading to greater efficiency, increased automation, and more insightful and timely data-driven decision-making. Edge computing provides processing power closer to the source of data collection, improving latency and addressing privacy-related concerns. 5G networking enables businesses to transmit large volumes of data to an edge device quickly, reducing latency and costs associated with sending data to the cloud, and facilitating a more near real-time experience. Despite the benefits these technologies promise to deliver, identifying appropriate use cases and deploying the solutions can be a challenge for many organizations. Continue reading “Capgemini’s New Suite of Services Helps Customers Leverage Edge and 5G Technologies”→
Industry estimates indicate there are around 3 million cybersecurity professionals worldwide and over 60% more are required to address the global needs of businesses and governments.
There are no easy short-term fixes in solving the recruitment problem in the cybersecurity sector. A concentrated effort across a number of entities, including government, industry, and education, will be required.
Exponential Rise in Cyber-Attacks as the Globe Reaches 2020 Year-End
Exponential increases in cybersecurity attacks are nothing new. In fact, if you cast your eyes back to 2017-2019, attacks like malware in mobile increased by over 50%, over 40% of commercially available IoT devices had some form of security breach, and applications like cryptocurrency coin mining quadrupled in cyber-attacks. Cybersecurity spending in countries like the U.S. also increased over $14 billion in 2019. With this in mind, as we approach 2020 year-end, the worry of going into some form of lockdown as a result of increased spikes in COVID-19 puts further fuel on increased cyber-attacks. Just in the past two months, we have seen attacks on organizations like NATO (i.e., phishing) and the International Maritime Organization (IMO), the U.N.’s shipping agency (i.e., a sophisticated cyber-attack that disabled its website and intranet). Continue reading “The Cybersecurity Industry Continues to Struggle with Skill Shortages”→
• The bulk of the oil and gas industry came late to data analytics, which is so important now as the industry endures a long decline and competes with alternative energy
• Oil and gas companies should recruit for analytics skills and leadership, such as from alternative energy competitors
The oil and gas industry has been discovering a bounty of something perhaps more valuable than new reserves: new sources of data, much of it from new 5G and IoT installations. The big question is whether they can exploit data with the same level of skill they exploit new deposits.
Apart from providing technical certification and accreditation to partners, enhancing their consulting/advisory capability is also a crucial area for AWS to win in the region.
Enterprises with strict data residency requirements should consider migrating their data from on-premises to Amazon S3 on AWS Outposts to access the wide range of features and development tools offered by the hyperscaler as well as seamless integration with workloads in AWS Regions.
• SKT’s partnership to build out 5G-IoT test beds for Smart Ports in Busan will help the company develop repeatable vertical solutions in a critical industry.
• The move highlights SKT’s leadership in 5G and points to lessons learned around strong investment in network and an intensive focus on developing vertical specific use cases.
On October 14th, 2020, SK Telecom announced a partnership with the Ministry of Oceans and Fisheries and the Busan Port Terminal Corporation that will see the partners develop a 5G test-bed in Busan for the development, testing, and eventual deployment of Smart Port services. The aim of the project is not only to develop services for the port in Busan, but to develop an industry solution set that can be readily applied to ports across South Korea. SK Telecom has already outlined IoT asset tracking and close circuit video analysis as initial use cases that will be deployed. This is another announcement for SKT around working with industry to develop novel 5G solutions. For example earlier this year SKT partnered with Korea Hydro & Nuclear Power to create a “Smart Plant” solution. Continue reading “SK Telecom’s 5G Smart Port Highlights Blueprint for How to Build Out Enterprise 5G”→
There have been mixed 5G developments in the region. While the 5G race is heating up in the Philippines, Thailand, and Singapore, the launch is still unclear for Indonesia and Malaysia.
5G subscribers are expected to grow from 0.2 million in 2020 to 127 million and account for 17% of the total mobile subscribers in 2025.
July 2020 – Philippine PLDT/Smart 5G Goes Live: The incumbent launched its 5G services in key business districts in Metro Manila about one year after its rival, Globe. While PLDT may have lost some very early opportunity, the launch is timely in the Philippines considering the ecosystem and market readiness. The launch will also increase the competition and hence drive the adoption of 5G in the country. PLDT is also leveraging its strength in the enterprise segment to stay ahead of competitors. It has integrated the technology in its enterprise portfolio and is collaborating with various industry players to co-develop 5G use cases, such as partnerships with TV5 to modernize news operations and with Ateneo de Manila University on 5G smart campus. Continue reading “5G Updates in ASEAN – Q3 2020: Mixed Developments, but Still a Solid Growth Forecast”→