Click here to close now.

Welcome!

Microsoft Cloud Authors: Liz McMillan, Elizabeth White, Pat Romanski, Jaynesh Shah, Carmen Gonzalez

News Feed Item

TECHNICOLOR - First quarter 2013 revenues: Robust revenue growth of 2.2% at constant scope and currency

PARIS -- (Marketwired) -- 04/26/13 --


PRESS RELEASE

First quarter 2013 revenues:

Robust revenue growth of 2.2% at constant scope and currency

Paris (France), 26 April 2013 - The Board of Directors of Technicolor (Euronext Paris: TCH) met yesterday to review the Group's revenues (unaudited) for the first quarter of 2013.

Q1 2013 revenue highlights

In the first quarter of 2013, Group revenues from continuing operations amounted to EUR775 million, up 2.1% at constant scope[1] and current currency and up 2.2% at constant scope and currency compared to the first quarter of 2012 revenues[2].

* Technology: Another quarter of solid Licensing revenues, driven by good performance of the different licensing programs.

* Entertainment Services: Slightly higher revenues year-on-year excluding legacy activities, with sustained growth in DVD Services revenues and robust level of activities in Digital Creative Services.

* Connected Home: Strong performance in line with the momentum recorded in H2 2012.

+------------------------------+ +-----------+-----------+----------------+
|In EUR million                | |    Q1 2012|    Q1 2013|      Change, at|
|                              | |           |           |  constant scope|
|                              | |(unaudited)|(unaudited)|and currency (%)|
+------------------------------+ +-----------+-----------+----------------+
|Group revenues from continuing| |        800|        775|           +2.2%|
|operations                    | |           |           |                |
|                              | |           |           |                |
|Change as reported (%)        | |           |     (3.2)%|                |
|                              | |           |           |                |
|Change at constant currency   | |           |     (3.1)%|                |
|(%)                           | |           |           |                |
|                              | |           |           |                |
|o/w Technology                | |        121|        125|          (1.5)%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |      +3.3%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     (1.5)%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Entertainment Services    | |        395|        376|          (5.4)%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |     (4.9)%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     (5.4)%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Connected Home            | |        242|        274|          +16.3%|
|                              | |           |           |                |
|    Change as reported (%)    | |           |       +13%|                |
|                              | |           |           |                |
|    Change at constant        | |           |     +16.3%|                |
|    currency (%)              | |           |           |                |
|                              | |           |           |                |
|    Digital Delivery          | |         42|          0|               -|
|    (activities disposed)     | |           |           |                |
+------------------------------+ +-----------+-----------+----------------+

Financial Structure update

· Gross debt at the end of March 2013 amounted to EUR1,222 million at nominal value and EUR1,107 million on an IFRS basis, a decrease of respectively EUR14 million and EUR8 million compared to the end of December 2012, mainly resulting from EUR36 million of debt repayments partly offset by the impact of the appreciation of the US dollar. The level of cash was lower compared to end of December 2012 mostly due to debt repayments and the payment of the EUR38.6 million EU antitrust fine in March 2013.

· Technicolor has put in place a new EUR50 million receivables backed committed credit facility with Natixis replacing the previous facility which expired in April 2013. This new facility, at improved terms versus the previous one, matures in April 2016.

2013 objectives confirmed

· Growth of adj. EBITDA of between 5% to 10% compared to FY 2012 adj. EBITDA at constant scope[3] (EUR498 million):

o Licensing adj. EBITDA broadly stable vs. FY 2012 assuming another year of strong contracts;

o Continued improvement of Connected Home adj. EBITDA and return to positive free cash flow generation in this segment;

o Improved profitability in Entertainment Services, reflecting cost actions implemented in H2 2012;

o Continued increase in operating expenses for M-GO and new growth initiatives.

· Strong growth in Free Cash Flow, above 30%, before one-off payments for legacy litigation (particularly the EU antitrust fine for EUR38.6 million).

· Net debt to adj. EBITDA ratio (as per the Group's covenants) below 1.25x at end-December 2013.

Frederic Rose, Chief Executive Officer of Technicolor, stated:

"This quarter was marked by robust revenue growth resulting from our continued focus on execution. This good performance was driven by sustained Licensing revenues, a great performance in Connected Home and revenue growth in our core Entertainment Services. We have increased market shares across our different businesses and maintained our focus on innovation to support their growth and to further strengthen our intellectual property. We are on track to deliver on our 2013 commitments."

An analyst conference call hosted by Frederic Rose, CEO and Stéphane Rougeot, CFO and SEVP Strategy will be held on Friday, 26 April 2013 at 4:00pm CET.

Financial Calendar

+------------------+-----------------+
| AGM 2013         | May 23 2013     |
+------------------+-----------------+
| H1 2013 Results  | July 26 2013    |
+------------------+-----------------+
| Q3 2013 Revenues | 25 October 2013 |
+------------------+-----------------+

***

Warning: Forward Looking Statements

This press release contains certain statements that constitute "forward- looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions or which do not directly relate to historical or current facts. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor's filings with the French Autorité des marchés financiers.

***

About Technicolor

Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go. Euronext Paris: TCH Ÿ www.technicolor.com

Review by segment for the first quarter of 2013

Technology

+---------------------------------------+   +---------+---------+
| In EUR million                        |   | Q1 2012 | Q1 2013 |
+---------------------------------------+   +---------+---------+
| Revenues                              |   |     121 |     125 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |   +3.3% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |  (1.5)% |
|                                       |   |         |         |
| o/w   Licensing revenues              |   |     121 |     125 |
|                                       |   |         |         |
|       Change as reported (%)          |   |         |   +3.6% |
|                                       |   |         |         |
|       Change at constant currency (%) |   |         |  (1.3)% |
+---------------------------------------+   +---------+---------+


In the first quarter of 2013, Technology revenues amounted to EUR125 million, up 3.3% at current currency and down 1.5% at constant currency compared to the first quarter of 2012. This performance reflected the quality of the Group's Licensing division, whose quarterly revenues once again exceeded EUR100 million.

Licensing

In the first quarter of 2013, Licensing revenues amounted to EUR125 million, up 3.6% at current currency compared to the first quarter of 2012. At constant currency, Licensing revenues were down 1.3% year-on-year, as softer revenues generated by the MPEG LA pool were mostly offset by a sustained performance of the other patent licensing programs. The Group's Digital TV program posted another quarter of strong growth, driven by new contracts and contract renewals in the second half of 2012.

Research and Innovation

R&I continued its focus in the first quarter on delivering high quality intellectual property, increasing significantly its level of disclosures. R&I made also several advances with metadata, in particular around new techniques for on-set metadata. R&I also continued to sharpen exploration of laboratory research relating emotional feedback (via bio-sensors) to viewer interest level of films and commercials and deployed algorithms with audiences viewing four full length films in regular theaters. Such viewer participation in Technicolor research is complemented by targeted collaborative activity with some studios and directors aimed at rendering the technology valuable both to content creators and to viewers. Bringing such research elements together underpins the objective of making viewing of content comfortable in the expanding ecosystem of format diversity and also in rendering the choice of content uniquely personal and intuitive.

Regarding M-GO, the Group has been improving overall technical capabilities on the basis of beta testing feedback. Technicolor initiated first marketing tests and has been working closely with its consumer electronic partners to complete integration in their devices. Preloaded devices are expected to be launched progressively during the second quarter. M-GO is also continuing discussions with additional device manufacturers.

Entertainment Services

+---------------------------------------+   +---------+---------+
| In EUR million                        |   | Q1 2012 | Q1 2013 |
+---------------------------------------+   +---------+---------+
| Revenues                              |   |     395 |     376 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |  (4.9)% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |  (5.4)% |
|                                       |   |         |         |
| Revenues excluding legacy activities* |   |     345 |     352 |
|                                       |   |         |         |
| Change as reported (%)                |   |         |   +2.2% |
|                                       |   |         |         |
| Change at constant currency (%)       |   |         |   +1.8% |
+---------------------------------------+   +---------+---------+

* Legacy activities include mainly photochemical film and compression & authoring activities.

In the first quarter of 2013, Entertainment Services revenues amounted to EUR376 million, down 4.9% at current currency and down 5.4% at constant currency compared with the first quarter of 2012. Excluding legacy activities, whose revenues at constant currency declined by half in the quarter, Entertainment Services revenues were up 2.2% at current currency and up 1.8% at constant currency compared to the first quarter of 2012, due to a good performance in DVD Services, driven by sustained volume growth, particularly for Blu-ray™ discs, which offset lower Creative Services revenues.

DVD Services

In the first quarter of 2013, combined Standard DVD and Blu-ray™ volumes increased by 9%, driven by stable SD-DVD volume in combination with strong Blu- ray™ growth of almost 100% over the first quarter of 2012. Volume growth was supported in part by a strong slate of new release titles in the quarter, which mainly included The Hobbit: An Unexpected Journey (Warner), Wreck-It- Ralph (Disney), Les Miserables (Universal), Rise of the Guardians (Paramount/DreamWorks) and Django Unchained (Weinstein). Growth in Blu- ray™ volumes in the first quarter was further bolstered by selective share increases across the existing customer base. In addition, the ongoing popularity with consumers of multi-disc DVD/Blu-ray™ "combo-packs" and other special edition sets has continued to help drive strong disc replication demand for both SD-DVD and Blu-ray™. Games volumes declined by 4.2 million units compared to a very strong first quarter of 2012, which included a larger release slate of titles from several key publishers. This reduction was partially offset by an increase in Software related volumes.

DVD and Blu-ray™ Volumes

+----------------------------------------+   +---------+---------+
| In million units                       |   | Q1 2012 | Q1 2013 |
+----------------------------------------+   +---------+---------+
| Total Volumes                          |   |     297 |     322 |
|                                        |   |         |         |
| Change (%)                             |   |         |     +9% |
|                                        |   |         |         |
| o/w   SD-DVD (Standard Definition DVD) |   |     248 |     249 |
|                                        |   |         |         |
|       Change (%)                       |   |         |     +0% |
|                                        |   |         |         |
|       BD (Blu-ray™)                 |   |      27 |      54 |
|                                        |   |         |         |
|       Change (%)                       |   |         |    +98% |
|                                        |   |         |         |
|       Games                            |   |      16 |      12 |
|                                        |   |         |         |
|       Change (%)                       |   |         |   (26)% |
|                                        |   |         |         |
|       Software and Kiosk               |   |       6 |       7 |
|                                        |   |         |         |
|       Change (%)                       |   |         |    +34% |
+----------------------------------------+   +---------+---------+

Creative Services

In the first quarter of 2013, Creative Services recorded a year-on-year decline in revenues, due to a 54% revenue drop at constant currency in legacy activities and a weak level of activity in January and February in Digital Production. In the quarter, the Group continued to focus its Digital Postproduction and Digital Distribution Services on their core strengths, in particular video and sound activities in Postproduction and work on digital content libraries in Distribution. The Group expects the overall Digital Creative Services activities to rebound in the next quarter.

Digital Creative Services

* Digital Production activities recorded a year-on-year decline in revenues in the first quarter of 2013, reflecting a lower level of activity in January and February in Visual Effects ("VFX") for feature films due to the delay in some sizeable projects. However, Commercial VFX activities performed strongly in the first quarter of 2013, especially in the United States. In particular, the introduction of new services in New York strengthened the Group's market share in this key advertising market. Based on the current solid backlog, Digital Production activities are expected to rebound in the next quarter. In the first quarter of 2013, VFX teams continued to work on Maleficent (Disney), Lone Ranger (Disney) and 7(th) Son (Warner). Technicolor was also honored with the Academy Award ® for visual effects on Life of Pi (Fox), further demonstrating its excellence in servicing its studio customers.

* Digital Postproduction revenues reported growth in the first quarter of 2013 compared to the first quarter of 2012. The Group posted solid revenue growth in North America driven by a strong level of activity in particular in Video with market share gains both in Theatrical and Broadcast. However, this good performance was partly offset by the continued weakness of the European markets and the resulting revenue decrease in the region, in particular in Italy. During the first quarter of 2013, Digital Postproduction teams continued to work on movies such as G.I. Joe: Retaliation and World War Z (Paramount), Gravity (Warner) and Oblivion (Universal) in Theatrical, as well as on successful TV series such as Mad Men Season 5 (AMC), Scandal Season 2 (ABC) and The Following Season 1 (Fox) in Broadcast.

* Digital Distribution Services posted revenue growth in the first quarter of 2013 compared to last year. The continued sustained level of work on digital content libraries for Major Studios and Distributors, Video-on-Demand and Over-the-Top aggregators compensated the significant revenue decline in Localization Services (subtitling), in particular in North America as a consequence of the subcontracting agreement of the Compression & Authoring activity in the third quarter of 2012.

* Digital Cinema activities recorded volume growth year-on-year but revenues were affected by the price reductions granted to some key customers in 2012. At the end of March 2013, digital screen penetration was 84% in North America and 74% in Europe.

Legacy activities

As expected, legacy activities continued to decline sharply in the first quarter of 2013, and represented at the end of March 2013 only 3% of Group revenues compared to 6.3% in the first quarter of 2012. The subcontracting agreements implemented in 2011 and 2012 allowed to mitigate the impact of this sharp drop on the Group's profitability.

Connected Home

Following the sale of the Broadcast Services and the SmartVision (television- over-IP) businesses in 2012, and the disposal of Cirpack softswitch operations (voice-over-IP) in 2013, the Group renamed the existing "Digital Delivery" segment to "Connected Home". The business review is focused on Connected Home.

+---------------------------------+   +---------+---------+
| In EUR million                  |   | Q1 2012 | Q1 2013 |
+---------------------------------+   +---------+---------+
| Proforma revenues               |   |     242 |     274 |
|                                 |   |         |         |
| Change as reported (%)          |   |         |  +13.0% |
|                                 |   |         |         |
| Change at constant currency (%) |   |         |  +16.3% |
+---------------------------------+   +---------+---------+

In the first quarter of 2013, Connected Home revenues totaled EUR274 million, up 13% at current currency and up 16.3% at constant currency compared to the first quarter of 2012, marking the fourth straight quarter of double-digit year-on- year growth. This performance principally reflected continued strong demand in emerging markets, particularly Brazil and Mexico in Latin America, as well as in India, combined with some volume growth in Europe. In North America, lower shipments were partially offset by further improvement in overall product mix.

Technicolor continues to expect double-digit year-on-year growth in Connected Home revenues for 2013, in line with the first quarter trend, driven by sustained demand and market share gains in the fast-growing emerging markets, as well as the ramp-up of higher-end devices launched in 2012 and the introduction of new products in the course of 2013, notably starting in the third quarter of 2013 for Cable customers in North America. The turnaround plan of the Connected Home segment, launched in December 2011, is on track and the Group expects to post annualized cost savings of approximately EUR45 million in 2013 compared to 2011 cost base. As a result, Technicolor confirms it anticipates further improvement in adjusted EBITDA for Connected Home and a return to a positive free cash flow generation in this segment in 2013.

* In North America, Connected Home product volumes declined significantly in the first quarter of 2013, reflecting a drop in set top box shipments related to the phase-out of some Satellite products, reduced deliveries of digital-to-analog Cable adaptors and the timing of new product introductions (expected to occur in the third quarter of 2013), offset in part by strong growth in volumes of Cable gateways. Overall product mix improved strongly year-on-year, benefiting from increased contribution of higher-end devices in Cable, partly offset by lower shipments of High Definition PVRs in Satellite compared to last year.

* In Latin America, Connected Home product volumes recorded another quarter of double digit growth, driven by sustained customer demand and market share gains across the region. This performance reflected increased shipments of Satellite set top boxes, particularly in Brazil, as well as stronger deliveries of Telecom products such as broadband gateways, especially in Mexico. Overall product mix improved year-on-year, due to higher proportion of High Definition products compared to last year.

* In Europe, Middle-East and Africa, Connected Home product volumes were up in the first quarter of 2013, due to sustained growth in shipments of Cable modems, partly offset by softness in deliveries of other product categories. Overall product mix was lower year-on-year, as a result of a less favorable product mix in Telecom, offset in part by improvements in Satellite and Cable compared to last year.

* In Asia-Pacific, Connected Home product volumes experienced very strong growth in the first quarter of 2013, driven principally by buoyant customer demand for set top boxes, particularly in India. Overall product mix was lower year-on-year, due to weaker proportion of High Definition products compared to last year.

Connected Home Product Volumes

+--------------------------------------+   +---------+---------+
| In million units                     |   | Q1 2012 | Q1 2013 |
+--------------------------------------+   +---------+---------+
| Total Volumes*                       |   |     6.3 |     7.1 |
|                                      |   |         |         |
| Change (%)                           |   |         |    +12% |
|                                      |   |         |         |
| o/w   North America                  |   |     2.0 |     0.6 |
|                                      |   |         |         |
|       Change (%)                     |   |         |   (69)% |
|                                      |   |         |         |
|       Latin America                  |   |     2.5 |     3.7 |
|                                      |   |         |         |
|       Change (%)                     |   |         |    +46% |
|                                      |   |         |         |
|       Europe, Middle-East and Africa |   |     1.3 |     1.3 |
|                                      |   |         |         |
|       Change (%)                     |   |         |     +4% |
|                                      |   |         |         |
|       Asia-Pacific                   |   |     0.5 |     1.4 |
|                                      |   |         |         |
|       Change (%)                     |   |         |   +182% |
+--------------------------------------+   +---------+---------+

* Including tablets and other connected devices

APPENDIX

Following the sale of the Broadcast Services and the SmartVision (television- over-IP or IPTV) businesses in 2012, and the disposal of Cirpack softswitch operations (voice-over-IP or VoIP) in 2013, Technicolor renamed the existing "Digital Delivery" segment "Connected Home".

The following table provides proforma information on quarterly revenues per segment for 2012 and the first quarter of 2013 (excluding Broadcast Services, IPTV and VoIP activities).

+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+
|In EUR million        | |Q1 12|Q2 12|H1 12|Q3 12|Q4 12|H2 12|FY 12|Q1 13|
+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+
|Technology            | |  121|  115|  236|  128|  150|  279|  515|  125|
|                      | |     |     |     |     |     |     |     |     |
|Entertainment Services| |  395|  362|  757|  449|  524|  973|1,730|  376|
|                      | |     |     |     |     |     |     |     |     |
|Connected Home        | |  242|  330|  572|  345|  326|  671|1,244|  274|
|                      | |     |     |     |     |     |     |     |     |
|Other                 | |    0|    0|    0|    0|    1|    1|    1|    0|
|                      | |     |     |     |     |     |     |     |     |
|Group revenues*       | |  759|  807|1,566|  922|1,001|1,923|3,489|  775|
+----------------------+ +-----+-----+-----+-----+-----+-----+-----+-----+

* From continuing operations

--------------------------------------------------------------------------- -----

[1] Excluding the Broadcast Services and the SmartVision (television- over-IP) businesses, sold in 2012, and the Cirpack softswitch operations (voice- over-IP), sold in 2013. Those activities contributed EUR42 million of revenues in the first quarter of 2012 (no contribution in the first quarter of 2013).

[2] On a reported basis, including disposals, revenues were down 3.2% at current currency and down 3.1% at constant currency.

[3] Adjusted EBITDA at constant scope excluding the Broadcast Services and the SmartVision (television-over-IP) businesses, sold in 2012, and the Cirpack softswitch operations (voice-over-IP), sold in 2013.

Technicolor - Q1 2013 Revenues: http://hugin.info/143597/R/1696686/558899.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: TECHNICOLOR via Thomson Reuters ONE

[HUG#1696686]

Contacts
Press: +33 1 41 86 53 93
Email Contact

Investor relations: +33 1 41 86 55 95
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial Cloud.
Building low-cost wearable devices can enhance the quality of our lives. In his session at Internet of @ThingsExpo, Sai Yamanoor, Embedded Software Engineer at Altschool, provided an example of putting together a small keychain within a $50 budget that educates the user about the air quality in their surroundings. He also provided examples such as building a wearable device that provides transit or recreational information. He then reviewed the resources available to build wearable devices at home including open source hardware, the raw materials required and the options available to power s...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it's a mix of architectural styles ...
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core of our infrastructures. At the same time, we have old approaches made new again like micro-services...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
Collecting data in the field and configuring multitudes of unique devices is a time-consuming, labor-intensive process that can stretch IT resources. Horan & Bird [H&B], Australia’s fifth-largest Solar Panel Installer, wanted to automate sensor data collection and monitoring from its solar panels and integrate the data with its business and marketing systems. After data was collected and structured, two major areas needed to be addressed: improving developer workflows and extending access to a business application to multiple users (multi-tenancy). Docker, a container technology, was used to ...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will addresses this very serious issue of profound change in the industry.
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) i...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers is very hard. You have to learn five new and different technologies and best practices (libswarm, sy...
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data retrieval. They can easily adapt to new data sets and provide access to both structured and unstruc...
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...