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Year: 2022

Prama India bags ‘Tech-SME of the Year’ Award at ASSOCHAM’s 8th MSMEs Excellence Awards

MassMediaLink India LLP SecurityLink India05 mins

Prama India has bagged ‘Tech-SME of the Year’ award at the 8th MSMEs Excellence Awards Ceremony and Summit held on March 9th, 2022 organised by ASSOCHAM, the apex trade body, in New Delhi. The award was received by the Prama India team at the Award ceremony. Addressing the 8th MSMEs Excellence Awards and Summit, Narayan Tatya Rane, Minister of Micro, Small and Medium Enterprises (MSMEs) said that the MSME sector plays a significant role in nation-building, regional balance, economic contribution, and job creation. Talking about the importance of the sector in nation-building and economy, he said, “The MSME sector will help in making a truly Aatmanirbhar Bharat. I promise to provide all the credits required to make the MSMEs grow. We have set up various training centers to help the sector. The government is committed to supporting the MSMEs through friendly policies, bringing in the latest technologies, setting up training centers and providing credits.” Organised under the theme ‘Enabling Indian MSMEs to Go Global,’ the summit was organised by Bhanu Pratap Singh Verma, Minister of State (MoS) of MSMEs. Praising ASSOCHAM for organising the summit, the MoS stated that the MSME policies and commitments are designed and executed for the benefit of entrepreneurs and business persons. “The ministry is initiating and doing its best to resolve finance-related difficulties with banks in relation to MSME and are working to overcome all of the challenges faced in this sector,” he said. Praising the small enterprises and startups for performing admirably during the pandemic, he also talked about Rs. 3 lakh crore that have been set aside for further assistance under the ECLGS (Emergency Credit Line Guarantee Scheme) scheme. He added, “The goal is to increase employment possibilities for 15 crore people.’’ Highlighting the issue of rising costs of imports, he suggested that import margins can be reduced by increasing domestic production under the ‘Make-in-India’ program. Sharing his thoughts on winning the award, Ashish P. Dhakan, MD & CEO of Prama India Pvt. Ltd. said, “Prama India is focusing on indigenous manufacturing of security products and solutions by setting a new benchmark of excellence. This award for Prama India is a timely recognition of our relentless efforts and innovations in raising the bar of India’s indigenous security product manufacturing. PRAMA has got this prestigious award from ASSOCHAM for the contribution in the field of indigenous manufacturing. We are successfully laying the foundation of Atmanirbhar Bharat by promoting the cause of indigenous manufacturing of security products. This award strengthens our resolve to continue to focus on security technology innovations and indigenous manufacturing going forward.” Micro, Small and Medium Enterprises (MSME) sector has been the key focus of policy makers from the central government and state governments as it is very important for overall economic growth and development in terms of employment, value chain creation, foreign exchange earnings, support to large industries, promotion of regional balance and inclusive development etc. Keeping in mind of the contribution and significance of the MSME industries to overall economic growth and development, ASSOCHAM initiated many activities in the past to support the MSMEs and one of the key initiatives were ASSOCHAM MSMEs Excellence Awards.  

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Orange Business Services and Fortinet Partner on SASE to Create A Secure, Seamless and Scalable CloudNative Network, Delivering Improved user Experience

MassMediaLink India LLP SecurityLink India04 mins

Optimized cloud performance for office-based and remote users Reinforced security and streamlined management for all types of enterprises SASE will bring more value to existing SD-WAN customers Orange Business Services, a global network-native digital services company, and Fortinet®, a global company in broad, integrated, and automated cybersecurity solutions, are partnering to deliver a disruptive approach to Secure Access Service Edge (SASE) by integrating Fortinet’s security-driven networking technologies into the Orange telco cloud infrastructure. This reinforces security and networking convergence, while optimizing performance regardless of the user’s location. Unlike other SASE service delivery offers on the market, this seamless approach – with built-in integration and automation – ensures real-time service updates and an unparalleled user experience. Digital acceleration, the move to ‘work from anywhere,’ and the adoption of cloud connectivity have altered how network infrastructures and security need to be constructed. SASE converges networking and security in the cloud, supporting dynamic, secure internet access as part of a ‘work-from-anywhere’ strategy to connect everyone and everything using cloud-based applications. SASE extends security capabilities, allowing all types of enterprises to take advantage of zero-trust network access and firewall-as-aservice, for example, regardless of location. Unparalleled user experience This next chapter in the Orange-Fortinet partnership, which has also yielded Flexible SDWAN based on Fortinet Secure SDWAN, provides the foundation for cloud-native transformations at scale for improved business agility and resilience. The result is a fully controlled end-to-end globally available SASE solution that bridges the gap between the user and the application. It delivers a secure and managed service from the Orange telco cloud infrastructure, boosted by cybersecurity expertise and capabilities with Orange Cyberdefense. “Digital acceleration and the shift to support ‘work from anywhere’ is driving the hybrid convergence of networking and security to enable zero trust across all edges. Expanding upon our longstanding relationship with Orange, we’re pleased to further integrate our Security-driven Networking technology into the Orange infrastructure to enable a converged networking and security solution, unmatched in terms of visibility, management capabilities, resilience, and user experience,” explained Rajesh Maurya, Regional Vice President, India & SAARC, Fortinet. “This innovative partnership is a continuation of our cloud-focused network evolution. By integrating Fortinet Security-driven Networking technologies into the Orange telco cloud infrastructure, we enable our customers to easily adopt a cloud-native environment that is increasingly critical for businesses globally. At Orange Business Services, we facilitate the deployment and take-up of technologies that drive innovation and business growth for our customers in a fast and secure way,” said Anne-Marie Thiollet, EVP, Global Solutions, Orange Business Services.  

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Hikvision India Enthralls Delegates with Innovative Security Solutions and Insightful Presentations at PACC – Goa

MassMediaLink India LLP SecurityLink India05 mins

Hikvision India, an IoT solution provider with video as its core competency, has showcased its latest innovative security technologies and solutions at PACC 2022, Goa. It has recently participated as the presenting partner for the 8th edition of Fire and Security Association of India’s Project heads, Architects & Consultants Conclave (PACC). FSAI’s PACC Conclave is aimed at bringing the project heads, architects, consultants, system integrators, OEMs, and end-users on a common platform. The focus of PACC is to provide the platform for presentations and deliberations on tech-talks, technology evolutions, best practices, implementation, standards & codes, market challenges and growth in the industry. The event was organised at Taj Resort & Convention Centre, Goa from 3 to 6 March. This event witnessed a participation of about 500 delegates. Commenting on the success of the event, Ashish P. Dhakan, MD & CEO, Prama Hikvision India said, “Hikvision has partnered with FSAI’s PACC Conclave to evangelise the latest innovative security technologies among the project heads, architects and consultants community. We are here to share Hikvision’s next generation technology solutions and latest innovative products with the industry leaders and technology experts. Together with FSAI, we are striving to evangelize the adaptation of latest security technologies and solutions based on AI, Deep Learning Big Data and Robotics. In line with FSAI’s motto to make Surakshit Bharat, Hikvision invites project heads, architects & consultants community to join hands in providing the best-in-class solutions.” He further added, “PACC 2022 turned out to be a perfect platform for Hikvision to showcase innovative technologies and solutions.” Hikvision booth at FSAI’s PACC event showcased ColorVu and AcuSense cameras along with command and control center. It also displayed smart building solution offered by Hikvision’s non-CCTV product portfolio, which included video door phones (smart home), AX-Hub (intrusion alarm solutions) and MinMoe face recognition terminal (access control). The booth had elaborate display of artificial intelligence solutions with DeepinView cameras and DeepinMind NVRs. Spread over three days, there were about 25 presentations (from expert professionals as well as sponsors/ product developers) and 12 panel discussions (Under the newly conceived ‘Techvarta’ segment). On 3rd March after the keynote address, Gagan Lamba, Vice President, Enterprise Verticals, Prama Hikvision India gave a impactful presentation on the theme ‘Top Trends for Security Industry in 2022.’ On the next day i.e., 4th March, Ashish Gujarathi, Assistant Vice President (AVP) – Non CCTV Products (alarms, access & entrance control, inspection and VDP), Prama Hikvision India participated in a panel discussion on the theme ‘Enhancing Security Capabilities using AI & IoT.’ He also gave a presentation on 5th March on the topic ‘New Age Authentication & Scanning Systems.’ Screening of relevant fire and security solution videos as well as Q and A sessions were well received. The engaging panel discussions, presentations and interactive sessions with the participants provided valuable insights.  

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Private Security Industry – A Perspective on Occupational Stress

MassMediaLink India LLP SecurityLink India019 mins

Anil Puri CMD, APS group A first generation serial entrepreneur, thought leader and an action catalyzer rolled into one – Anil Puri is a rare combination of a visionary, an innovator and a strategic thinker. He has used this combination to innovate and implement on-ground many new business ideas. His rich experience in various businesses has enabled him to nurture & mentor innovative ideas and scale them up. Introduction Occupational stress and burnout are emerging as possibly the biggest threats to the security industry. Long hours, coupled with ‘alert overload’ along with a perceived unfavorable opinion of business value are taking a toll on the industry. One of the reasons for this is that since security does not produce revenue it is considered a ‘Cost Center.’ Security operations may negatively affect profitability and throughout the years have been considered a ‘necessary expense’ of doing business. One of the ways good security was explained in the retail industry years ago was – what you don’t see on the monthly P&L (Profit & Loss Statement). Organizations tend to ‘forget’ about security until something ‘untoward’ happens and many times, ‘such untoward’ things happen because of security employee occupational stress and/ or security employee burnout. It doesn’t matter whether security is in-house or outsourced, occupational stress remains the same. Security is a profession that requires strict attention to detail & specifics and focused attention at all times. Many times, complacency tends to cause those working in the industry to miss important indicators or clues that there is a security issue. Accountability is a key factor. It doesn’t matter whether or not security personnel have limited security experience or are seasoned veterans, accountability in the security industry remains the same. Where is the Epicenter of Pain? Many times, security policies, protocols and procedures are unclear, not specific enough, or there is very limited training, so when security personnel complete a task or activity believing that they are operating within the scope of their job responsibilities, they later learn that they are being held accountable for a situation they were not trained to handle or a situation where they had no control over the outcome. This results in stress. Broadly the major component of the PSI which comes under intense stress is man guarding – the security guard whom we term as the ‘first responder’ is the one who faces the brunt. Others in chain and in fire lane are the entire echelon of the operations and training but they feel the heat much later. Private Security industry is facing immense pressure on account of the clients who are very demanding and is resulting in challenging environments. In day to day functioning, the occupational stress in PSI does not confine only to the security guard but impacts the entire team – security supervisor, field area officer, operations manager, branch manager, regional manager and senior level functionaries like VP and COO as well. Anatomy of the Stress in Private Security Domain Under the broad spectrum of surveillance activities, information protection, and risk management, the private security guards proactively prevent passage of drugs/ narcotics, violence, antisocial behaviors, thefts, and white color crimes at the workplace. Furthermore, the private security officers assist other crews during disasters and emergencies, and check doors, locks, windows, fences, and signs of fire hazards. As part of their responsibilities, private security officers screen and escort visitors, search employees and vehicles, manage car parks, provide first aid, and perform reception duties. The security personnel also offer access control, closed circuit TV monitoring services, and enforce rules and administer sanctions. Additionally, the security personnel also respond to offenses and deal with emotionally disturbed individuals, respond to calls for assistance, and attend to verify activated alarms. However private security personnel do lack adequate training. The majority of security personnel have insufficient knowledge of handling incidents appropriately. Insufficient training and failure to handle security matters properly accentuates pressure and stress on private security personnel. Types of Stress Acute Stress: The most common type of stress, resulting in a ‘fight or flight’ response where symptoms disappear as soon as the stressor is gone. Episodic Stress: When acute stress occurs regularly and a person does not have time to recover from the stressor, which can result in a lower overall tolerance of stress and increased sensitivity to stressors. Chronic Stress: Long-term stress from situations where a person feels he or she does not have control over the outcome, potentially causing serious effects to mental and physical health. Indicators of the Stress Some of the indicators of stress which are easily identifiable could be – sudden and frequent mood changes, the feeling of agitation without being able to pinpoint why, changes in the way you talk to people, dreading the same types of activities that you have been managing before, and a sudden dread feeling of not wanting to going for work. Causes of Stress Some of the factors that may place a role or location at a higher risk of stress include night working or shift working, working in adverse environmental conditions such as poor weather, noise or air condition, high work rate imposed demand, insufficient rest periods between work cycles, repetitive work related activities, conflict or violence in the workplace, lack of control over work duties, unmanageable workload and lack of employee engagement or consultation. Salary deduction or unduly delayed payment of salary also have accretive impact on occupational stress. Stressors Associated with Private Security Duties The security work environment is one of the primary sources resulting in the work-related stress security personnel suffer. Other stressors include working variable shifts, hazards associated with the job, public expectations, lack of clear guidelines, excessive workload, lack of adequate training, exposure to violence, and dealing with intruders and unlawful. Identified several categories of stress relate to security work. The stress categories are the nature of law enforcement work, dealing with the public, and the impact of stress on officers’ personal lives. Job content and employment context are two sources of stress…

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Continuing Banking Modernisation Leads to more Middle East Cctv Upgrades Reports Idis

MassMediaLink India LLP SecurityLink India05 mins

The continuing modernisation of Middle East banking is leading to increased video upgrade opportunities for systems integrators, in the region’s finance sector and beyond, according to the latest market-focus eBook from IDIS. Investments in corporate infrastructure, including security, are being driven by several factors says IDIS, whose Korean-made end-to-end technology has already been used for a number of large-scale banking CCTV upgrades, as well as for smaller, specialist financial sector applications. The company’s latest guide explains the context of structural change in the sector and highlights success factors for security companies and contractors bidding for new projects. Retail and corporate banks have recognised the need to invest in digitisation and analytics, and to embrace the opportunities of fintech to remain competitive. They are also responding to wider changes, including diversification of the region’s economies away from oil, bringing with it the need to raise capital on global markets. At the same time, authorities have further tightened compliance, to counter cybersecurity risk, money laundering and fraud. For the sector’s risk-averse institutions, compliance with increasingly stringent national, regional, and global regulations is non-negotiable. The resulting investments that are taking place in video surveillance are multi-year journeys, and institutions have shown themselves willing to commit significant time, manpower and resources to achieve the best long-term return on investment (RoI) said Dennis Choi, General Manager, IDIS Middle East & Africa. “Video has been recognised as one of the key risk reduction measures and systems integrators and consultants who can deliver best-fit solutions, with the most proven technologies, stand to win major, ongoing contracts,” he said. Explaining sector requirements in detail, the IDIS eBook points out that while compliance differs between states, in most countries regulations now cover live streaming, retrieval of footage, system administration, and management and control of entire estates (including ATMs) from centralised monitoring environments. Banks are also looking to provide the distributed functionality that branch managers and security teams need for dealing with events locally. Project success factors covered in the report include: providing smooth migration paths with uninterrupted monitoring and recording; reducing storage and bandwidth burdens; understanding the latest developments in multi-task VMS and AI-enabled analytics; ensuring redundancy, resilience and failover; satisfying sustainability and waste reduction concerns; and offering fairer pricing structures. Middle East banks are also increasingly looking for assurance that their video solution and VMS will allow integration of third-party tech, helping in the move away from siloed systems. The Middle East banking e-book is available as a free, one-click download on the IDIS website.  

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Kaspersky Promotes Sandra Lee to Managing Director, APAC

MassMediaLink India LLP SecurityLink India05 mins

Kaspersky is proud to announce the appointment of Sandra Lee as Managing Director for the Asia Pacific (APAC) region. Sandra and her team will drive the company’s strategy and overall growth in the region. “APAC has always been a focus market for the company and I am excited to take up this leadership role as we continue to see great business opportunities here. With our strong regional team and solid partner ecosystem, I am looking forward to helping our customers and partners benefit even more from our award-winning solutions and threat intelligence expertise across the region,” said Sandra. Sandra will be based in Kaspersky’s APAC headquarters in Singapore. She will report to Chris Connell, Vice President for Global Sales Network, who was previously also in the role of Managing Director for APAC. “APAC has always been a focus market for the company and I am excited to take up this leadership role as we continue to see great business opportunities here. With our strong regional team and solid partner ecosystem, I am looking forward to helping our customers and partners benefit even more from our award-winning solutions and threat intelligence expertise across the region” Sandra Lee Managing Director, APAC, Kaspersky “I am thrilled and excited to see Sandra in this APAC leadership role! Her business acumen, commitment to customer success, and team leadership give us great confidence that she will strategically grow our brand in the region. She is also highly regarded by our customers and partner community. I have worked with her closely and I am certain that she is ready to lead the APAC region to even greater heights,” added Chris Connell, Vice President for Global Sales Network at Kaspersky. Prior to this promotion, Sandra led the company’s global vision for its channel partners by driving higher levels of success for and with the region’s partner community for the past three years. Her strong background in sales management, customer and partner success, and team leadership, coupled with her extensive industry experience, puts her in the perfect spot to drive Kaspersky’s overall strategy in the region to achieve great success. Sandra has been in the IT industry for more than 20 years in sales and channel leadership roles in Southeast Asia and APAC with various market-leading technology companies. Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 240,000 corporate clients protect what matters most to them.  

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E-LynX Airborne Software Defined Radio Completes Connectivity Flight Tests Onboard F-5M Aircraft of the Brazilian Air Force

MassMediaLink India LLP SecurityLink India04 mins

The Brazilian Air Force (FAB) and AEL Sistemas, Elbit Systems’ Brazilian subsidiary, the prime contractor of the Brazilian Link-BR2 strategic program, concluded successful series of flight tests for the integration of E-LynX™ Airborne Software Defined Radio onboard two F-5M aircraft. The Brazilian Link-BR2 program aims to provide National secured datalink capabilities, enable digital connectivity of all aerial platforms among themselves and establish Multi Domain interoperability. The next phase of integration will be onboard SAAB’s Gripen NG aircraft while the Link-BR2 program roadmap includes integration of the System capabilities onboard all of the FAB aircraft. The functionalities that were demonstrated during the recent flights include provision of multi-domain situational awareness, enabling Mobile Ad Hoc Network (MANET) based datalinks (both air-to-air and air-to-ground), facilitating transmission of airborne applications over long ranges including simultaneous audio and data, and display of a common operational picture that is shared among all the members in the network – Airborne segments and Ground segments. Demonstrating the capability of simultaneous multi channel transmission, the Link-BR2 enabled aerial and ground forces to perform target interception, receipt of information from ground radars and rapid closing of sensor-to-shooter loops, as part of the multi-dimensional arena. The Link BR2 strategic program will lead the Brazilian Armed Forces to operate on the NCW concept, a disruptive technology that brings a huge advantage on the local operational scenario. The E-LynX family of SDR is designed in an open architecture approach, featuring unique waveforms and enabling the adoption of European and NATO waveforms. The E-LynX SDR solution was selected by the Israel Defense Force as well as several Armed Forces across Europe including Sweden, Switzerland, Spain, and other NATO countries. The E-LynX radios are developed and manufactured in three Elbit Systems’ Radio Engineering Centers around the globe: in Israel, in Germany by Elbit Systems Deutschland and in Brazil by AEL.  

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New Rekor Systems Report Analyzes Benefits of Intelligent Variable Speed Limits in Mitigating Pollution from Traffic Congestion

MassMediaLink India LLP SecurityLink India03 mins

Rekor Systems, Inc., a global AI technology company with a mission to provide actionable insights to build safer, smarter, and more efficient cities around the world through intelligent infrastructure, recently announced the availability of a new report, ‘Safer Roads, Cleaner Air, Happier Motorists – The Promise of Intelligent Variable Speed Limits.’ This report examines today’s AI-powered variable speed limit technologies and their positive impacts on smart city goals around mitigating pollution and climate change, along with increased public safety and improved citizen experience resulting from the lowering of traffic congestion and accidents. A variable speed limit is a flexible tool used by traffic managers to change the rate at which motorists can drive on a specific stretch of road based on the current environmental and road conditions. It is displayed on an electronic traffic sign. The paper unpacks the environmental impact of addressing traffic congestion with more roadways and examines VSL’s role in making the nation’s infrastructure smarter and greener. It provides an overview of how artificial intelligence and machine learning, coupled with VSL, are providing cities with the opportunity to make infrastructure more intelligent, with the goal of lowering pollution from traffic congestion without the massive expense and environmental and societal impacts involved with expanding roadways. The report also delves into how cities and states can exercise great efficiency in leveraging funds they have been allotted under the 2021 Infrastructure Investment and Jobs Act to implement VSL quickly rather than utilizing those resources building additional roadways to manage traffic congestion and its impacts. Recently, the National Transportation Safety Board (NTSB) advocated for VSL as a way to mitigate or avoid speed related crashes.  

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Moxa Achieves IEC 62443 Standard Security Requirements to Futureproof Next-Generation Networking

MassMediaLink India LLP SecurityLink India08 mins

Moxa Inc., a leader in industrial communications and networking, with a focus on securing industrial networks, is thrilled to announce that the company has obtained the world’s first IEC 62443-4-2 certification for industrial networking devices, as per the International Electrotechnical Commission for Electrical Equipment (IECEE) Certification Body Scheme. The certification is for one of the company’s next-generation networking solutions, EDS-4000/ G4000 Series, due to hit the market in the upcoming March. As recognized by IEC 62443-4- 2 and IEC 62443-4-1 certifications, Moxa’s solutions aim to unite networking and OT cybersecurity with layered defense-in-depth protection. Our solutions cover security-hardened networking devices based on the IEC 62443- 4-2 cybersecurity standard, advanced IT and OT network segmentation with threat prevention, and tailored OT deep packet inspection (DPI) realizing industrial intrusion prevention system (IPS). These offerings allow Industrial Automation and Control Systems (IACS) to be built with reliable endto-end connectivity to provide robust hardware, as well as high-performance and dependable networks. “When we pursued the certification of the IEC 62443 standards, the journey was transformational for Moxa,” said Samuel Chiu, General Manager of Moxa Networking, “We demonstrated that security is part of the DNA of Moxa’s product and solution portfolios by complying with the internationally recognized standards related to the process and product requirements for the secure development of an IACS. This benefits our customers who must now utilize these solutions to enjoy undisrupted operations during every step of their digital transformation.” “Networking and cybersecurity have strong synergies in operations settings, yet they both must be purpose-built for OT environments. With the digital future and increased connectedness of operations, new industry requirements and standards will be put in place to ensure providers can keep up with these requirements,” said Jonathan Lang, Research Director of IDC with a focus on Worldwide IT/ OT Convergence Strategies, “These specialized industry requirements can be overlooked by many IT cybersecurity solutions, and combining subject matter expertise and capabilities from operations is critical to ensure integrity of security systems.” According to IDC’s Worldwide IT/ OT Convergence 2022 Predictions* , 75% of new operational applications deployed at the edge will leverage containerization by 2024. This will enable a more open and composable architecture, which will be necessary for resilient operations. The rise in edge devices and expanded connectivity represent a pathway into operations. They are being deployed at a high rate and utilize more open architectures and capabilities compared to the isolated automation systems of the past. These devices must have both their software and hardware elements developed securely to last throughout their product lifecycle, integrate seamlessly into the network overall, and have security management capabilities. To create a foundation for futureproof operations, many system integrators require that component suppliers comply with the subsections of the IEC 62443 standard that pertain to their devices. The software development process-related IEC 62443-4-1 and the product-related IEC 62443-4-2 standards highlight the importance of selecting vendors that provide hardened hardware components built with a ‘secure by design’ approach. This approach should be adopted from the first day of the product development process, which includes plans for complete security lifecycle management and patch management. “The IEC 62443 series of standards cover all aspects of security requirements, thus providing a common language for component suppliers, system integrators and asset owners,” said Steve Mustard, 2021 President of International Society of Automation (ISA), the Standards Development Organization responsible for IEC 62443, “The standards outline a secure-by-design approach and provide requirements through to product manufacturing. This significantly simplifies the procurement and integration processes for network devices, applications, and automation control devices that make up industrial control systems.” The IEC 62443-4-1 standard defines a secure development lifecycle for the purpose of developing and maintaining secure products used in IACS. The IEC 62443-4- 2 standard is important for system integrators, machine builders, and plant operators who have to consider the security aspects of their applications. Both standards are useful for device manufacturers who develop switches, routers, gateways, and other components for the automation industry. Moxa has been following the development of the IEC 62443 standard for six years and has designed its products in accordance with its guidelines. In addition, Moxa has spent considerable resources on educating the market about not only the importance of the standard, but how we embed its principles throughout all stages of our hardware and software development. The certifications also demonstrate Moxa’s capability to identify and respond to vulnerabilities and work with customers to mitigate their risks. Only when cybersecurity awareness increases can joint forces enhance industrial network security. Moxa will continue investing in cybersecurity and work closely with our customers to ensure that ‘secure by design’ solutions combine expanded networking and purpose-built OT cybersecurity into one capability. IDC FutureScape: Worldwide IT/ OT Convergence 2022 Predictions, Doc #US47131521, October 2021.

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Cellular Iot Market Value to Exceed $61 Billion Globally by 2026, Driven by 5G & Low-Power Solutions

MassMediaLink India LLP SecurityLink India03 mins

A new study from Juniper Research has found that the global value of the cellular IoT market will reach $61 billion by 2026; rising from $31 billion in 2022. It identified the growth of 5G and cellular LPWA (low-power wide area) technologies as key to this 95% increase over the next four years. The new study, Cellular IoT: Strategies, Opportunities & Market Forecasts 2022-2026, predicted that, LPWA solutions, such as NB-IoT and LTE-M, will be the fastest-growing cellular IoT technologies over the next four years. It anticipated that the low cost of both connectivity and hardware will drive adoption for remote monitoring in key verticals, such as agriculture, smart cities and manufacturing. In turn, LPWA connections are expected to grow 1,200% over the next four years. 2G and 3G Network Shutdowns to Drive LPWA The report urged operators to migrate IoT connections on legacy networks to networks that support LPWA technologies. It anticipated that demand from enterprises for low-cost monitoring technologies, enabled by LPWA networks, will increase as these legacy networks are shut off over the next four years. Research co-author Charles Bowman commented, “Operators must educate users on the suitability of LPWA as a replacement technology for legacy networks. However, many IoT networks cannot solely rely on LPWA technologies. More comprehensive technologies, such as 5G, must underpin IoT network architectures and work in tandem with LPWA technologies to maximise the value of IoT services.” 5G to Generate $9 Billion for the IoT Market by 2026 Conversely, the report predicted that 5G IoT services will generate $9 billion of revenue by 2026; rising from $800 million in 2021. This represents a growth of 1,000% over the next five years as 5G coverage expands and operators benefit from the increased number of 5G IoT connections. To capitalise on this growth, it recommended operators offer value-added services, such as network slicing and edge computing, to IoT users to maximise the value of 5G adoption. Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.  

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