(Reuters) - Intel Corp's move to cut growth forecast for its highly profitable business that makes chips used in data centers may have disappointed investors, but analysts see the unit rebounding next year as more users take to cloud services.
Expanding the business is critical to Intel's efforts to reducing its dependence on the PC market, which has been shrinking for almost four years. Buying Altera Corp earlier this year was a step in this direction.
(Reuters) - Amazon.com Inc's cloud business, Amazon Web Services, has launched a service to help customers build applications to connect devices through the cloud, the so-called "Internet of Things".
The service, called "AWS IoT", will allow factory floors, vehicles, health care systems, household appliances among other "things" to connect through cloud services, the company said on Thursday.
The connection to the cloud will be fast and lightweight, making it a good fit for devices that have limited memory, processing power, or battery life, Amazon said.
BRUSSELS (Reuters) - The EU's highest court struck down a deal that allows thousands of companies to easily transfer personal data from Europe to the United States, in a landmark ruling on Tuesday that follows revelations of mass U.S. government snooping.
LONDON (Reuters) - European banks and insurers could face new rules to control their use of "big data" to target customers with products after EU watchdogs said they would investigate the area.
Big data refers to companies or other institutions using digital information on consumer behavior from a wide variety of sources, such as their own databases, to make market predictions or spot patterns. The global financial services industry is expected to spend billions of dollars in coming years to improve their analysis capabilities.
BRUSSELS (Reuters) - A ruling due next week from the EU's top court on a long-running transatlantic pact on private data could affect all legal ways of moving such data from Europe to the United States, lawyers say, potentially disrupting the everyday online transactions of thousands of companies.
Under current European privacy laws companies are forbidden from transferring European citizens' personal data to countries deemed to have lower privacy standards - such as the United States.
BRUSSELS (Reuters) - A deal easing the transfer of data between the United States and the EU is invalid, an adviser to the European Union's top court said on Wednesday, dealing a blow to a system used by Facebook, Google and thousands of other companies.
The Safe Harbour agreement did not do enough to protect EU citizen's private information when it reached the United States and should have been suspended, Yves Bot, Advocate General at the European Court of Justice (ECJ), said.
There has been an explosion in mobile payment service launches, joint ventures, and partnerships in the past two to three years. Merchants are starting to appreciate the benefits that mobile payments can bring, with major chains including Starbucks and McDonald’s launching services on a national basis.
Telecom Engine and its research partner, Mind Commerce, see a few key areas of focus for the Internet of Things (IoT) that will require special attention over the course of the next three years on the part of software, platform, and infrastructure providers.
Today, most advanced version of operating machines are using computer aided systems and controls. Today machines are programmed to perform in synch with each other on production line. The vision of the future is that such machines will communicate and work with each other and will be controlled using internet or wireless infrastructure i.e. IoT.
COPENHAGEN (Reuters) - As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centers -- warehouses that consume enormous amounts of energy to store the information of 3.2 billion internet users.
The island has long been associated with hi-tech trends such as the 'Eve' video game, the genome deCode project or singer Bjork's use of software as well as its links to filesharing site Pirate Bay, the Silk Road online black market and Wikileaks.
Guavus enables efficient, profitable networks with its operational intelligence platform, which fuses, correlates and analyzes operational and business data in real time.
For a more in depth view into Guavas, its strategy, and its market positioning, download this Company Profile, available exclusively from Telecom Engine.
Click here to download
"...The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes."
- Mind Commerce Research