Transparency Market Research has published a report that says the worldwide video surveillance systems and services market hit almost $15 billion in value two years ago. The market’s value is forecast to reach $48.32 billion by the end of 2020 at an 18.1 percent compound annual growth rate, Transparency Market …
Read More »ReportsnReports.com: Terrorist Attacks to Drive Smart Security Market’s Growth
A new ReportsnReports.com analysis projects the smart security market will experience a compound annual growth rate of 18.59 percent through 2019 due to increasing incidents of terrorist attacks. The online market research firm said Friday recent terrorism-related incidents have spurred several countries to adopt smart security products, including intruder alarms, video …
Read More »Frank Calderoni Joins Red Hat as CFO, Operations EVP
Frank Calderoni, formerly executive adviser, executive vice president and chief financial officer at Cisco, has been appointed CFO and EVP of operations at Red Hat. He will directly report to CEO Jim Whitehurst, oversee the company’s financial strategies worldwide and manage the operations and information technology groups, Red Hat said Monday. Calderoni will …
Read More »Research and Markets: Global Unified Communication Market to Grow 27.50% Year over Year through 2019
A fresh Research and Markets report has projected the global unified communication-as-a-service market to achieve a compound annual growth rate of 27.50 percent from 2014 through 2019. Research and Markets said Wednesday that factors such as productivity, agility, cost reduction and adoption of mobility in unified communication could spur the …
Read More »MarketsandMarkets: Asia Pacific, Latin America to Drive Future Growth of Healthcare Mobility Market
A new MarketsandMarkets report projects the Asia-Pacific and Latin American regions would drive future growth in the global healthcare mobility solutions market to $84.82 billion by 2020. The market analyst said Thursday both economies have attracted local entrepreneurs and global leaders by modifying healthcare-related regulations and monitoring how policies are implemented. The report also suggests that the …
Read More »Technavio’s Faisal Ghaus: Mobile Helps Drive Demand for Unified Comms-as-a-Service
Technavio has forecast a 28 percent year-over-year growth for the global unified communications-as-a-service market from 2015 to 2019. Faisal Ghaus, a vice president of Technavio, said Thursday the UCaaS market growth is driven by an increase in the use of smartphones for enterprise bring-your-own-device programs. Ghaus projected Asia Pacific will …
Read More »Research and Markets: SaaS Security Service Outpaces Traditional Network Security Software
A new Research and Markets report has indicated that demand for software as a service has surpassed that for traditional network security software. The report traces the growing interest in SaaS-based network security services among enterprises to increasing cyber attacks and use of portable devices, Research and Markets said Friday. The market …
Read More »Research and Markets: Cloud-Based Cybersecurity Service Adoption in Asia Pacific on the Rise
New analysis from Research and Markets expects the cybersecurity market in Asia Pacific to achieve a 15.15 percent compound annual growth rate from 2014 through 2019 due to increased demand for cloud-based security services in the region. The report noted the surge in tablet and laptop use as a major market driver. “With the rising need …
Read More »TechNavio: Low-Cost Infrastructure Maintenance Need to Spur Double-Digit ITaaS Market Growth
TechNavio’s new report projects the public sector’s demand for low-cost infrastructure maintenance to drive a 31.0 percent compound annual growth rate of the global information technology-as-a-service market from 2014 through 2019. The report analyzes the vendor landscape that includes tier-one market players such as Amazon Web Services, Cisco Systems, Hewlett-Packard, …
Read More »MarketsandMarkets: Industrial Security Systems Market to Reach $38B by 2020
A MarketsandMarkets report projects the industrial security systems market to hit $38 billion by 2020 from $25 billion in 2014. The report indicates that the market will achieve an 8.69 percent compound annual growth rate over the six-year forecast period, ASDReports said Wednesday. The analysis covers the industrial security systems …
Read More »Cisco CEO John Chambers: Internet of Things Could Drive IT Transformation
John Chambers, CEO of Cisco Systems, forecasts that Internet of Things and digital technologies will transform organizations and be at the forefront of market transitions, he told the Wall Street Journal in an interview published Monday. “I think in this next decade, information technology will be in vogue again,” he …
Read More »MarketsandMarkets: Mobile Data Protection Market to Grow at 22.4% CAGR Through 2019
A new MarketsandMarkets report indicates that the mobile data protection market will be worth $3.54 billion by 2019 due to the demand for measures that protect enterprise data as companies adopt bring-your-own-device and other mobility practices. The firm said Friday that the market value will climb at a compound annual growth rate of 22.4 …
Read More »Research and Markets: Threat Complexity to Drive Smart Grid Cyber Market Growth
Research and Markets projects a 9.7 percent compound annual growth rate for the global smart grid cybersecurity market through 2018 due to what the firm sees as a growing complexity of cyber attacks on smart grid networks. “The security of the smart grid network is a major issue faced by power utilities because there is a …
Read More »Fred Patterson Joins Cisco Canada as Channel Development Director
Fred Patterson, former channel director at Symantec Canada, has been appointed channel development director for Cisco Systems Canada, CDN reported Friday. Paolo Del Nibletto writes an inside source said Patterson will help develop and deploy a partner environment in the country that focuses on security. CDN reports Patterson left Symantec …
Read More »Cisco Joins Funding Rounds for Loggly, RiverMeadow Software; Charlie Oppenheimer, Mark Shirman Comment
Cisco invested $10.5 million in log management provider Loggly during a Series B funding round and participated in a separate financing for server migration provider RiverMeadow Software, Talkin’ Cloud reported Thursday. CJ Arlotta writes Data Collective Venture Capital, Trinity Ventures, True Ventures and Matrix Partners also contributed to Loggly and raised …
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