Global spending on Robots and Drones to grow rapidly over the next five years: IDC
Global spending on robotics and drones solutions will reach USD 201.3 billion in 2022 and achieve a compound annual growth rate (CAGR) of 19.6% over the 2017-2022 forecast period, according to IDC’s Worldwide Semiannual Robotics and Drones Spending Guide. Robotics and drone spending will reach USD 95.9 billion in 2018. Spending on robotics solutions will total USD 86.6 billion in 2018 and will... By CIO&Leader
Global blockchain spending to grow rapidly over the next five years: IDC
Worldwide spending on blockchain solutions will reach USD 11.7 billion in 2022, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). As per the study, blockchain spending will grow at a robust pace throughout the 2017-2022 forecast period with a five-year compound annual growth rate (CAGR) of 73.2%. Worldwide... By CIO&Leader
Forrester rates Barracuda Web Application Firewall (WAF) as a strong performer in 2018
The Barracuda Web Application Firewall (WAF) has been named a Strong Performer in “The Forrester Wave: Web Application Firewalls, Q2 2018”, according to Barracuda Networks. The Barracuda WAF was specifically cited for offering “sound attack response and feedback loops,” which makes sense given our unique ability to seamlessly automate the patching process for a continuously robust security... By ITNEXT
Cryptomining replaces ransomware as most popular cybercrime malware: Report
Ransomware is replaced as the cybercriminal tool of choice with cryptomining malware, according to Skybox Security’s Vulnerability and Threat Trends Report. In the last six months of 2017, ransomware accounted for 32% of attacks, while malicious cryptominers accounted for 7%. By the first half of 2018, the figures had switched almost exactly: malicious cryptominers accounted for 32% of attacks... By CIO&Leader
Can Alibaba Cloud effectively challenge the Big Three in India?
The recent launch of Alibaba Cloud’s distribution channel and its announcement that it would train 1,000 sales and technology personnel in India in the next six months hit headlines in Indian media. Alibaba chose a media conference that it held alongside its recent three-city partnership summit, called India Eco Summit, to make the announcement. The company’s priority, said Dr Alex Li, General... By Shyamanuja Das
Oracle launches blockchain cloud service
Oracle has launched its Blockchain Cloud Service and businesses globally have started deploying an early adopter version of it. The service allows organizations to easily build blockchain networks to drive more secure and efficient transactions and to track goods through supply chains on a global scale. Arab Jordan Investment Bank, CargoSmart, Certified Origins, Indian Oil, Intelipost, MTO,... By CIO&Leader
Digital transformation will help majority of cloud service providers achieve revenue growth in 2018: IDC
Cloud service providers have a high degree of confidence in their business outlook as a result of very strong customer demand for cloud services to enable Digital Transformation, according to IDC Service Provider Pulse 1Q18 Quarterly Summary. “Cloud service providers around the world are rapidly changing their business models in response to unprecedented customer demand, offering a mix of... By CIO&Leader
IBM expands its storage products portfolio
IBM has announced a new all flash-based entry to its storage products portfolio, a combination of high performance storage technologies that the organization said combines low latency IBM FlashCore technology integrated with multi-cloud software-defined IBM Spectrum Storage solutions. The NVMe-optimized all-flash arrays come in two models – FlashSystem 9110 and FlashSystem 9150 – in 2U enclosures... By ITNEXT
Only 65% organizations have a cyber security expert: Gartner
Despite 95% of CIOs expecting cyberthreats to increase over the next three years, only 65% of their organizations currently have a cybersecurity expert, according to a survey from Gartner. The survey also reveals that skills challenges continue to plague organizations that undergo digitalization, with digital security staffing shortages considered a top inhibitor to innovation. Gartner... By ITNEXT
Symantec claims its AI-based technology exposes new cyberattack campaign
According to a recent release from Symantec, its artificial intelligence-based Targeted Attack Analytics (TAA) technology has helped researchers expose a new attack campaign from a group called Thrip, which has infiltrated satellite communications, telecoms, geospatial imaging, and defense organizations in the United States and Southeast Asia. TAA’s advanced AI technology was... By CIO&Leader
Cyber attacks rise in 2018: Study
There has been a significant increase in malware volume, ransomware attacks, encrypted threats and chip-based attacks, according to the mid-year update of the 2018 SonicWall Cyber Threat Report. “The cyber arms race is moving faster than ever with bigger consequences for enterprises, government agencies, educational and financial institutions, and organizations in targeted verticals,” said... By CIO&Leader