Spotlight on Information Technology

We are creating the entrepreneurial leaders and amazing technology of the future ? the people and things that will drive innovation and productivity to make a sustainable impact on the world in which we live. With our world class research capabilities and deep engagement with industry, studying engineering and IT at the Melbourne School of Engineering is the key to your brilliant future career.

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No, New Jersey Does Not Need To Embrace Smart Gun Technology

You see, Weinberg recently took pen in hand to advocate for so-called ?smart gun? technology . She feels that it?s time for New Jersey to embrace new technology that will do so many wonderful things. Who will be responsible if someone tries to use a smart gun to defend themselves but can?t because the technology failed? Your computer starts acting up when you boot it up in the morning, so you restart it and all is well. We cannot continue to view these tragedies as inevitable occurrences in a country with some of the brightest minds in research, development and innovation ? and thankfully there are experts and advocates who are continuing the effort to advance smart gun technology, which prevents an unauthorized user from operating a handgun, and their work is showing promising results. By adding a layer of electronics, you have not added a layer of failure in a device that already needs multiple components to work properly in order to function as designed. The revolver has been around since the middle of the 19th century, roughly. Gun designers understand what works and what doesn?t, as a general rule, so they tend to develop guns that function properly. Guys like me at magazines and gun websites get their hands on them, shoot them, then report that the guns jam up something horrible, then other people decide not to buy them. I recently joined a distinguished group of law enforcement, firearms trainers, health researchers, smart gun innovators, investors, advocates and elected officials at the ?Law Enforcement and Smart Guns Symposium? in Washington, D.C. They?ll be required to use fallible technology regardless of their own desires because someone who doesn?t know anything about guns?that would be you, Sen. Further, this proposal will also drive up the costs of firearms in the state of New Jersey. This will price them out of the hands of poor people who often live in rough neighborhoods and need guns to protect themselves and their families. I?m sure the fact that these also tend to be disproportionately minorities is irrelevant to Sen. I can?t speak for the National Rifle Association, but for myself, I oppose these regulations not because I don?t want to see the technology work?it would be awesome if it did if only because my weapon can?t be used against me by an intruder or attacker?but because I recognize that it simply doesn?t at this point. I take issue with these regulations because it?s not a politician?s place to tell me what kind of technology my firearm should possess. Attendees who traveled from nine states, Germany and Brazil, heard from a cross section of experts, including an all-star panel consisting of �former U.S. Weinberg, if you want to make New Jersey safer, then why not work to remove the backward ban on hollow point ammunition, a design that has been around for decades and is widely known to reduce overpenetration, which makes it safer for bystanders in the unfortunate event of a shooting? The interest we are seeing now is notable, since resistance to smart gun technology driven by the National Rifle Association has unfortunately hindered many opportunities for thoughtful discussions on this issue and slowed the process of advancing the technology. New Jersey became the first state in the nation to enact a law that mandated the use of smart-gun technology, and required that all handguns sold in the state be child-proof, once the technology became available and approved by the state. When it appeared the mandate could possibly be triggered, gun proponents pushed back and threatened store owners in Maryland and California ? ultimately leading them to back off of selling the firearms. Long story short, smart guns are going to make guns perfectly safe and all that jazz and she?s going to make sure it happens.

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FCC rule change says you have fast internet — but you don’t

The FCC might be changing its standards for high-speed internet, but not in a way that benefits anyone who doesn?t have it. The Commission filed a notice of inquiry last month to redefine the speeds which define broadband internet ? today is the last day to comment on it. If the FCC does change the definition, the speed of broadband internet will drop from 25 mbps download/5 mbps upload speeds to 10/1 respectively. Now, that isn?t to say every person in the country would get internet of those speeds if they had access to them. But if the government removes an incentive for ISPs to offer those speeds, they?re even less likely than they are now to extend those services to the 10 percent of Americans who don?t have them. According to 2016 FCC Broadband progress report , 10 percent of all Americans don?t have access to broadband internet, with a high number of those without being in rural areas, tribal lands, and the territories. The numbers were an improvement on the 2015 report , but the 2016 report summary concluded, ?More work needs to be done by the private and public sectors to expand robust broadband to all Americans in a timely way.? So, to summarize, the FCC is aiming to fix that gap by lowering the standards of what is considered broadband internet, moving the goalposts in lieu of actually providing meaningful access to what the FCC themselves have said (and at least one federal court has ruled) is a utility, not a luxury. FCC Chairman Ajit Pai claims, according to the� Washington Post , that the definition of broadband was only upped in the first place to give the FCC something to fix.

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Impetus Technologies to Showcase Full Breadth of Big Data Warehouse Modernization Solutions at Strata Data Conference

21, 2017 /PRNewswire/ –�Impetus Technologies, a big data software products and services company , today announced it will be exhibiting the capabilities and benefits of its advanced big data solutions at Strata Data Conference, taking place at the Javits Center from September 25-28 in New York, New York. StreamAnalytix?, an Impetus product, is the industry’s first open-source based, enterprise-grade, multi-engine platform for rapid and easy development of real-time streaming analytics applications. Powerful new processors for missing data imputation and stream correction as well as support for MongoDB. “Our goal is to continually provide breakthrough solutions to help organizations solve the wide variety of big data challenges they face,” said Praveen Kankariya, CEO at Impetus Technologies. “Since last year’s conference, we’ve come to market with new and exciting software and services that continue to raise the bar on providing end-to-end advanced big data and fast data analytics solutions. We see Strata Data Conference as the perfect place to showcase how we’re helping large enterprises address some of their greatest challenges to improving the ROI they are getting from their big data investments.” Impetus Technologies is focused on creating big business impact through big data solutions for Fortune 1000 enterprises. The company offers a unique mix of software products, consulting services, data science capabilities and technology expertise. It offers full life-cycle services for big data technology implementations, including technology strategy, solution architecture, proof of concept, production implementation and on-going support to its clients. Impetus Workload Migration is a platform for automating the movement of Teradata, Netezza and Ab Initio workloads from the enterprise data warehouse to Hadoop or other big data warehouse environments. Impetus Workload Migration automates and validates the movement of data and SQL query, ETL and large scale analytical processing workloads to a big data warehouse. Using this technology, Impetus provides a guarantee of eighty percent or more automation for Teradata queries, BTEQ scripts, schemas and stored procedures.

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How a data center works, today and tomorrow | Network World

A data center is a physical facility that enterprises use to house their business-critical applications and information, so as they evolve, it?s important to think long-term about how to maintain their reliability and security. Data centers are often referred to as a singular thing, but in actuality they are composed of a number of technical elements such as routers, switches, security devices, storage systems, servers, application delivery controllers and more. However, a small professional-services firm may not need instant access to information and can have a primary data center in their offices and back the information up to an alternate site across the country on a nightly basis. In the event of an outage, it would start a process to recover the information but would not have the same urgency as a business that relies on real time data for competitive advantage. To help IT leaders understand what type of infrastructure to deploy, in 2005, the American National Standards Institute (ANSI) and Telecommunications Industry Association (TIA) published standards for data centers, which defined four discrete tiers with design and implementation guideline. A tier one data center is basically a modified server room, where a tier four data center has the highest levels of system reliability and security. As is the case with all things technology, data centers are currently undergoing a significant transition, and the data center of tomorrow will look significantly different from the one most organizations are familiar with today. These are the components that IT needs to store and manage the most critical systems that are vital to the continuous operations of a company. Businesses are becoming increasingly dynamic and distributed, which means the technology that powers data centers need to be agile and scalable. As server virtualization has increased in popularity, the amount of traffic moving laterally across the data center (East-West) has dwarfed traditional client server traffic, which moves in and out (North-South). This is playing havoc with data center managers as they attempt to meet the demands of this era of IT. But as the Bachman Turner Overdrive song goes, ?B-b-b-baby, you just ain’t seen n-n-nothin’ yet?. Here are the key technologies that will evolve data centers from being static and rigid environments that are holding companies back to fluid, agile facilities capable of meeting the demands of a digital enterprise. This shifted ownership and the economics of running a data center, but the long lead times required to deploy and manage technology still remained. The rise of Infrastructure as a Service (IaaS) from cloud providers like Amazon Web Services and Microsoft Azure gives businesses an option where they can provision a virtual data center in the cloud with just a few mouse clicks. ZK Research data shows that over 80% of companies are planning hybrid environments, meaning the joing use of private data centers and public clouds. One of the operational challenges of data centers is having to cobble together the right mixture of servers, storage and networks to support demanding applications. Because of this, the reliability, efficiency, security and constant evolution of a data center are typically a top priority. Application development is often slowed down by the length of time it takes to provision the infrastructure it runs on. This can significantly hamper an organizations ability to move to a DevOps model. Containers are a method of virtualizing an entire run time environment that allows developers to run applications and their dependencies in a self-contained system. Traditional data centers have all the security technology at the core, so as traffic moves in a North-South direction, it passes through the security tools and protects the business. The rise of East-West traffic means the traffic bypasses firewalls, intrusion prevention systems and other security systems and enabling malware to spread very quickly. Microsegmentation is a method of creating secure zones in a data center where resources can be isolated from one another so if a breach happens, the damage is minimized. In addition to technical equipment a data center also requires a significant amount of facilities infrastructure to keep the hardware and software up and running. �Everything is faster in a world that is becoming increasingly digitized, and that means data needs to move faster. NVMe is a storage protocol designed to accelerate the transfer of information between systems and solid state drives greatly improving data transfer rates. Also, new workloads such as analytics, machine learning and IoT are driving the need for a new type of compute model that exceeds what CPUs can do. GPUs, once only used for games, operate fundamentally different as they are able to process many threads in parallel making them ideal for the data center of the not too distant future. Data centers have always been critical to the success of businesses of almost all sizes, and that won?t change. However, the number of ways to deploy a data center and the enabling technologies are undergoing a radical shift. To help build a roadmap to the future data center, recall that the world is becoming increasingly dynamic and distributed. This gives the organization flexibility in how it backs up its information and protects against natural and manmade disasters such as floods, storms and terrorist threats. How the data center is architected can be some of the most difficult decisions because there are almost unlimited options.

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Can We Build A Global Internet From Swarms Of Satellites And Tech-Company-Backed Balloons?

Non-geostationary satellite orbits (NGSOs) use similar technology to geostationary satellites, but they operate anywhere from 500 to 2,000 kilometers above the earth, and can, as a result, target a smaller land mass. Instead of tracking with the pace of the Earth?s rotation, they move across the horizon in a cluster of hundreds or thousands, and deliver continuous coverage by replacing themselves?imagine a swarm of satellites, not unlike a flock of migrating birds, delivering a steady stream of broadband to the remote places of the world. OneWeb is preparing to launch a constellation of 648 satellites that will operate at an altitude of around 1,200 kilometers, and will over download speeds of up to 50 Mbps worldwide; it?s expected the swarm will start delivering internet to customers as early as 2019. Facebook is testing a drone project , called Aquila, that Mark Zuckerberg claims will be able to provide internet access to the 4 billion people without it across the world; Google?s Project Loon , operated through its innovation lab Alphabet X, is testing service delivered through high-altitude balloons. The smaller size and increased capacity, the Broadband Commission report notes, enabled the company to secure lower launch costs, and as more similar satellites and HAPS are constructed, manufacturing costs will continue to drop as well. Of course, with companies like Google and Facebook making forays into the space, questions will arise around how to manage public-private partnerships in deploying these innovations, and ensuring that monopolies won?t hamper further developments. ?We?re going to be advocating that regulators, when they?re looking at their universal service obligations, look to technology-neutral solutions,? The Broadband Commission was set up by the UN and the International Telecommunications Union in 2010 in an effort to expand internet access to meet the Millennium Development Goals; the Sustainable Development Goals replaced the MDGs in 2015 and set out a target of reaching universal broadband access by 2020. Pearce says. ?In other words, that they?re not biased toward one technology, giving all of these solutions and companies the maximum opportunity to come to the party.? Focusing on the goal of equipping everyone on the planet with consistent internet access, though, is tantamount. ?As we move toward a digital society?the Internet of Things, tele-medicine, tele-education?all of the things we rely on are becoming connected,? As human beings in the developed world, we are liberated and enriched and empowered by the internet and the devices in our hands, but the economic and social impact of not being connected is getting worse,? he adds. The digital divide has become less about the haves and have-nots, and more about the breadth and depth of the gap between those two categories . It?s Pearce?s hope that these technological advancements will make having access to broadband ?as much a human right as access to clean water.? But another report, released several days after by the Broadband Commission, lays out a way to re-energize the effort toward global connectivity: supporting advancements in high-altitude and satellite communications technologies. ?We?re in the middle of an extraordinary revolution for space-based and upper-atmosphere technologies, delivering coverage and capabilities at a low cost that will make them a realistic new tool to close the digital divide,? Broadband-providing geostationary satellites have existed since the early 1990s, but a new generation, called high-throughput satellites (HTS), are employed by internet providers around the world, using multi-beam coverage to substantially increase broadband penetration and reliability. The early geostationary satellites used one wide beam that could target a vast area of land?one satellite, Pearce says, can reach as much as a third of the world?but the single beam could only deliver around 1 to 3 Gbps of broadband.

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Tucson Tech: UA technology could lower cost of self-driving vehicles

Arizona is one of a handful of states that has adopted legislation or policies supporting the testing and development for the autonomous vehicle industry. Tech Parks Arizona recently led a business mission to Israel as part of Global Advantage, a program designed to attract fast-growing tech companies to the Arizona-Sonora region. During the second week of the business outreach mission, the Tech Parks Arizona delegation was joined by representatives from the UA and Universidad Nacional Aut�noma de M�xico, or UNAM. That led to the signing of a joint agreement between the UA, the Mexican university and Israel?s Ben-Gurion University, pledging cooperation on innovation and entrepreneurship, as well as plans for academic ties and cooperation between Ben-Gurion?s high-tech park, Tech Parks Arizona and a high-tech initiative of UNAM. A delegation representing the Global Advantage Soft Landing Program spent a week in Israel meeting with 34 small to midsize Israeli technology companies operating in the areas of advanced energy, cyber-security, digital healthcare, robotics and smart vehicles, as well as arid lands agriculture and water, the UA said. Tech Parks Arizona says its goal is to have the Israeli companies launch their North American operations in Southern Arizona, citing the area?s easy access to major American markets as well as Mexico. The UA has licensed a pair of technologies to improve radar systems for autonomous vehicles to startup Lunewave Inc., headed by lead inventor Hao Xin, a professor in the UA Department of Electrical and Computer Engineering. The keynote speaker will be Denise Johnson, group president for resource industries at Caterpillar Corp., which is in the process of moving its surface-mining technology division to Tucson and is a top co-sponsor of the expo. The core of the company?s technology is the use of inexpensive, high-performing, 3-D printed ?Luneburg lenses? ? spherical lenses that can replace multiple sensors, according to a licensing announcement by Tech Launch Arizona. The UA radar technology, invented by Xin along with assistant professor Siyang Cao and postdoctoral research associate Min Liang, uses a 3-D-printed version of a Luneburg lens ? a technology developed in the 1940s. ?Together, these two technologies may prove to be the key to allow traditionally expensive luxury car automotive safety systems to be included on much more popular and less expensive cars,? said Bob Sleeper, Tech Launch licensing manager for the College of Engineering. Lunewave is a participant in the Arizona Center for Innovation incubator at the UA?s Rita Road Tech Park, where the company is working to scale up the technology under a National Science Foundation grant.

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SSM college holds workshop on data analytics

Chief Minister Mehbooba Mufti Monday said that the dream of her father was to restore peace in J&K and put the state on the path of development. Anjuaman Shari Shian organized mourning processions in wake of Muharam in different parts of Kashmir Valley. She yesterday took to Twitter to share a short promotional film of the state’s tourism d… A police investigation has confirmed that Farooq Ahmad Dar, the man Army used as a human-shield in district Budgam on April 9, had voted prior to being tied to the bonnet of a Army jeep. ?During investigation, it came to surface that the victim Farooq Ahmad Dar cast hi… Pakistan?s ousted prime minister Nawaz Sharif today returned to the country from the UK to face corruption and money laundering charges in the Panama Papers scandal. Thousands joined the processions at different places including Hamdania Colony Bemina and Saida Kadal to pay rich tributes to the grandson of the Prophet and commemor… A complete shutdown is being observed in Kashmir in view of summoning of Kashmir Trade Leader Mohammad Yasin Khan by the National Investigation Agency (NIA) to its headquarters in New Delhi, related to funding case. A motorcycle borne youth was killed while a pillion suffered serious injuries after the two wheeler, they were riding on, was hit by a police armoured Rakshak vehicle at Kanipora area of Shopian district last evening. Noted journalist and writer Arun Sadhu, who straddled the worlds of literature and journalism with equal elan, passed away here early today at a hospital following a heart condition. Chief Minister Mehbooba Mufti Monday said that the dream of her father was to restore peace in J&K and put the state on the path of development. Anjuaman Shari Shian organized mourning processions in wake of Muharam in different parts of Kashmir Valley. Thousands joined the processions at different places including Hamdania Colony Bemina and Saida Kadal to pay rich tributes to the grandson of the Prophet and commemor… Palestinian prime minister Rami Hamdallah will travel to Gaza on October 2 as part of a fresh push to end a decade-long split between Fatah and Hamas, which runs the enclave, his government said today. Palestinian prime minister Rami Hamdallah will travel to Gaza on October 2 as part of a fresh push to end a decade-long split between Fatah and Hamas, which runs the enclave, his government said today. Member Parliament, Nazir Ahmad Laway today announced Rs 10 lakh from his Member Parliament Local Area Development Scheme (MPLADS) to Islamic University of Science and Technology (IUST) Awantipora for development of infrastructure at the School of Business Studies in memory o… Pakistan and Russia are holding a two-week long military exercise focussing on counter-terrorism operations to enhance defence ties between the two countries, ahead of Army chief General Qamar Javed Bajwa’s visit to Moscow next month. In view of increasing incidents of braid cutting cases in district Kulgam, a Special Investigating Team (SIT) has been constituted by SP Kulgam to investigate these cases under the supervision of Addl SP Kulgam. She yesterday took to Twitter to share a short promotional film of the state’s tourism d… A police investigation has confirmed that Farooq Ahmad Dar, the man Army used as a human-shield in district Budgam on April 9, had voted prior to being tied to the bonnet of a Army jeep. ?During investigation, it came to surface that the victim Farooq Ahmad Dar cast hi… Pakistan?s ousted prime minister Nawaz Sharif today returned to the country from the UK to face corruption and money laundering charges in the Panama Papers scandal. A complete shutdown is being observed in Kashmir in view of summoning of Kashmir Trade Leader Mohammad Yasin Khan by the National Investigation Agency (NIA) to its headquarters in New Delhi, related to funding case. Member Parliament, Nazir Ahmad Laway today announced Rs 10 lakh from his Member Parliament Local Area Development Scheme (MPLADS) to Islamic University of Science and Technology (IUST) Awantipora for development of infrastructure at the School of Business Studies in memory o… A motorcycle borne youth was killed while a pillion suffered serious injuries after the two wheeler, they were riding on, was hit by a police armoured Rakshak vehicle at Kanipora area of Shopian district last evening. Noted journalist and writer Arun Sadhu, who straddled the worlds of literature and journalism with equal elan, passed away here early today at a hospital following a heart condition. Pakistan and Russia are holding a two-week long military exercise focussing on counter-terrorism operations to enhance defence ties between the two countries, ahead of Army chief General Qamar Javed Bajwa’s visit to Moscow next month. In view of increasing incidents of braid cutting cases in district Kulgam, a Special Investigating Team (SIT) has been constituted by SP Kulgam to investigate these cases under the supervision of Addl SP Kulgam. National Conference Working President Omar Abdullah Monday welcomed Jammu and Kashmir Chief Minister Mehbooba Mufti for her first tweet, three years after joining the microblogging site.

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SMEs most lucrative targets for cyber attackers: Seclore Technology – SME Times

The Founder and Chief Technology Officer of Seclore Technology, Abhijit Tannu said that the Small enterprises stand to lose the most due to cyber attacks and its eventual fallouts. A large portion of their funds is diverted towards driving business growth and maintaining operations, leaving little to no capital for cyber security spends. “Their low level security is why SME businesses are one of the most lucrative targets for cyber attackers,” Tannu told SME Times in an email interview. Our solutions can be integrated with enterprise applications such as ECM, DMS, ERP, and transactional systems in order to ensure secure file distribution within and beyond the network. It also enables a company to make quick audits and gain insights with regards to unauthorised file access, and dispose critical data irrespective of its location through a centralised control. Further, an enterprise can configure a specified duration for data usage and set up an expiry date for its critical data beforehand. In short, Seclore offers complete control to enterprises with regards to their information, prevents data leakages, and addresses compliance by securing and auditing data wherever it travels. Abhijit Tannu: When people talk about information security, they are largely discussing how to protect the network perimeter. Every cyber security expert is well-aware that no matter how secure a network is, it can and will eventually be breached. What?s even more important for organisations to consider here is that their business partners or service vendors might not share similar concerns with regards to data security, which makes any in-house security initiatives completely redundant. The biggest USP of Seclore?s EDRM solutions is that it not only provides end-to-end data-centric security to the information irrespective of its location, but also grants complete visibility and control to the original stakeholder about the travelling data and its access. If the information is no longer required or if it compromises the company?s position, the program also extends centralised control to the original stakeholder, making it possible to destroy the information. The biggest value that we bring to the table is that we work closely with our clients, irrespective of their size and scale, and try to understand their precise requirements. This personalised approach provides us deep industry-centric insights and first-hand experiences, which in turn lead to rapid product enhancement and seamless implementation. Our differentiated approach provides persistent data-centric protection and plugs information security gaps, and is also the reason why we are the most integrated and adopted EDRM solution in the world. Abhijit Tannu: Small enterprises stand to lose the most due to cyber attacks and its eventual fallouts. A large portion of their funds is diverted towards driving business growth and maintaining operations, leaving little to no capital for cyber security spends. Their low level security is why SME businesses are one of the most lucrative targets for cyber attackers. Also, due to their relatively smaller size, critical functions – including payroll processing, accounting, customer support, and other vital business processes – are outsourced. Instead of going through multiple levels of network security, EDRM provides them holistic data protection and makes it possible to achieve their target of information security. Moreover, since it is a cloud-based service, it extends a plug-and-play experience to small businesses and ensures quick deployment to meet their requirement of velocity in operations. Abhijit Tannu: Incepted in 2008, Seclore is one of the pioneers of EDRM solutions which came into being as a university project in IIT Bombay. We work closely with prospective clients to identify their specific information security requirements and deploy solution which are most suited to their business needs. Abhijit Tannu: With proliferation of digital services and subsequent technological adoption, emerging businesses are banking on technology to serve as a prime differentiator in the market. Businesses are taking special measures to ensure that they secure their digital perimeter, but the degree of awareness and urgency that?s essential to counter the security challenges, however, cannot be said up to the mark. Today, Seclore enjoys a global presence in 30 countries and has offices in 8 key geographies including Mumbai, Dubai, New Delhi, New York, and San Francisco, catering to its 6.5 million active users. Abhijit Tannu: Ransomwares are malicious programs which lock down a system and demand a ransom for its decryption. Since such attacks are growing in terms of scope and extent, SMEs must take special measures to make sure that such programs do not enter their network. The platform?s innovation-driven and customer-centric approach has earned it multiple awards and recognitions from leading global entities including Gartner, Deloitte, TiE, and Frost & Sullivan. Abhijit Tannu: A large part of India, especially in the rural geographies, is still not connected to the internet, which is a really big challenge given the rising global digitisation. It is good to see that the government is trying to solve this problem through various programmes and initiative. The Digital India initiative, in particular, has the potential to become a platform that catalyses the country?s growth and extends the benefits of digital services to every Indian citizen. Abhijit Tannu: With burgeoning IT requirements, we will see a growing preference for cloud-based and over-the-top services as compared to custom-built software suites. Also, as India becomes more interconnected, we will see bolder steps towards e-governance to facilitate a much higher degree of information transparency within the country. Abhijit Tannu: We are working on more seamless integration of our EDRM solutions with wide-ranging processes as well as data formats to extend an evolved customer experience. Abhijit Tannu: Seclore?s data-centric EDRM solutions include granular access and usage policies that predetermine location of access, time of access, and the device used to access the data.

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How chip design is evolving in response to IoT development

As the IoT continues to grow, chip designers will quickly find themselves becoming the most valued part of a billion-dollar industry. By designing specialized chips, these companies are better equipped to meet the unique demands of today?s tech giants, who may require a special chip specifically designed for their own brand of autonomous cars or drones, to name but a few products. Silicon Valley?s ability to churn out cheaper and faster chips better capable of meeting the demands of a 21st Century economy has been vital to the growth of the IoT, which itself has put money right back towards chip development. Today?s internet users who are heavy users of social media services , largely have the IoT to thank for incentivizing the chip industry to diversify itself so much; global semiconductor sales now top a staggering $335 billion a year, in a clear display of how many different varieties of chips are needed. As the IoT continues to drive investment in areas like cloud computing, sensors, and interactivity, an even more diverse array of chips will be needed to power tomorrow?s unique devices. The semiconductor industry is already pivoting towards new business goals; rather than focusing on processing power like in the past, tomorrow?s chips will have a heavier focus on miniaturization, software compatibility, and better security. It is thus likely that, in the future, forecast of the prospects of the chip industry are likely to be predicted not by Moore?s law, like in the days of old, but rather in how IoT-suited purpose-built chips and their producers are faring economically. Companies in the industry will be competing to achieve status not as massive producers of powerful processor chips, but rather as the head honcho of the IoT-chip industry. The rapid development of the so-called Internet of Things (IoT) has pushed many old industries to the brink, forcing most companies to fundamentally reevaluate how they do business. A quick glance at the innerworkings of the industry which enables all of our beloved digital devices to work shows just how innovative it must be to keep up with today?s ever-evolving world. In order to meet the massive processing demands of today?s digital gadgets, chip design has been forced to take some tips from the most efficient computer known to man: the human brain.

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