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How Smart Vending Illustrates the IoT

If anyone is confused about the promise and peril of the “Internet of Things,”  a vending machine is a good example...

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Vadict

Vadict digitizes, automates and interconnects all company assets; co-relates with informational data(ERP, EMS, etc.) and contextual data (FOREX, weather, etc.); enriches the data with intelligent algorithms; and augments this information with deep-industry expertise to create business solutions.

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IoT Security

IoT Data Visualization for Corporate Finance Business Intelligence

Article | July 5, 2023

The evolution of internet-based market models has changed the way businesses operate. Present-day businesses know that data visualization in business intelligence is integral to competitive success. Therefore, businesses are now expanding their data and intelligence retrieval capacities. As a result, IoT (Internet of Things) data visualization is gaining popularity among industrialists and researchers across various disciplines. In corporate finance, IoT-based efficient data visualization analyses data from multiple sources with the help of corporate analytics management tools and manages data quality for business intelligence to reduce the risk of leaks. Impact of IoT Data Visualization on Corporate Finance BI Data is everywhere— right from a customer's first visit to your company’s website until he signs out, all the behavioral patterns and data are tracked. All this data becomes useless unless it is utilized for a particular purpose. Analyzing this data to predict future trends is one of the significant benefits of smart data visualization tools and technologies. It helps to slice and dice the data gained from different sources of different complexity levels to the minute granular level. Business intelligence utilizes these insights and the existing database to run risk analysis. It gives an overview of your financial performance and the risks and exposures it faces. And if you switch the KPIs at the center of any dashboard, your entire team can instantly access the most important and relevant data. IoT data visualization can measure big data on customers more efficiently, allowing organizations to add value to their customers. Customized tools will analyze your customers’ data and produce reports according to specific customer needs to help you get a deeper insight. Corporations can also utilize this data to better understand their competitors’ benchmarks. Customizable IoT Data to Store Millions of Data Points in One Place IoT collects millions of data from various complex sources. The data visualization dashboard contains multiple widgets that convert this data into various forms, such as line graphs, geographical maps, bar charts, pie charts, gauges, heat maps, etc. This information, transmitted into multiple visualizations, helps organizations to unlock every piece of data into a valuable asset. The Benefits of Using IoT Data Visualization Businesses can collect, analyze and monitor a variety of data using IoT, such as internet usage data, video surveillance data, mobile app usage, and social media. It helps businesses to design products and provide personalized value-added services to drive better consumer engagement. Here are some key benefits IoT data visualization offers: Unlock multiple insights across various verticals Addressing important financial concerns proactively Combination of multiple data sources into a single insightful dashboard Multi-layered visual data. Combines new data with the existing data to analyze new business opportunities. Better performance on IoT data flow. Analyze multiple data correlations in real-time Improved Collaboration Well-coordinated and efficient performance. Cost reduction Accurate data interpretation Mitigate risk factor Better decision making Conclusion Hands down, IoT data visualization intelligence in a company’s business operations will lead to better decision-making. But, before you choose an IoT data visualization tool for your business, you should know what kind of data you need to analyze and if you need any additional historical data. Because IoT services offer data visualization tools and techniques to analyze and monitor the data accordingly to predict future trends. So, it’s important to identify the goals before selecting a tool for your organization.

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Security, IoT Security

Top Challenges in IoT Data Governance in 2023

Article | July 13, 2023

Explore the emerging complexities of IoT data governance with 7 key challenges to tackle. Address data privacy, security, and ethical concerns, empowering your business for success in 2023 and beyond. Contents 1 The Case for Maintaining IoT Data Governance 2 Challenges of IoT Data Governance 2.1 Lack of Organizational Commitment 2.2 Data Privacy Concerns 2.3 Lack of Endpoint Security for IoT Devices 2.4 Issues with IoT Device Authentication 2.5 Increasing Volume of Unstructured Data 2.6 Unethical Use of IoT Data 2.7 Inadequate Data Governance Protocols 3 Addressing IoT Data Governance Challenges 3.1 Security by Design 3.2 Awareness Initiatives 3.3 Standardized Data Governance Policies 4 Conclusion 1 The Case for Maintaining IoT Data Governance The growing use of IoT devices across various industries has caused a surge in data volume. Most of these devices store sensitive company data, which plays a crucial role in business operations but can have dire consequences if it falls into the wrong hands. Thus, companies need to understand what is IoT governance and its implementation to safeguard sensitive data from unauthorized access and malicious exploitation. 2 Top Challenges in IoT Data Governance for Businesses 2.1 Lack of Organizational Commitment Organizational commitment is essential for effective IoT data governance. There needs to be a clear purpose and goals regarding data governance that are communicated to all stakeholders. Not focusing on organizational commitment can result in a lack of alignment between the organization's goals and the IoT data governance strategy, as well as uncertainty about ownership and accountability for data governance across the organization. 2.2 Data Privacy Concerns Ensuring data privacy is a significant concern when implementing IoT data management to maintain IoT data governance security. With the vast amount of data generated by IoT devices, there is an increased risk of personal and sensitive data being compromised. Therefore, it is crucial to identify potential vulnerabilities, mitigate the risk of data privacy breaches in IoT environments, and anonymize user data for consumer devices. 2.3 Lack of Endpoint Security for IoT Devices IoT devices are often designed with limited processing power and memory, and as such, many connected devices do not have built-in security features. This makes them attractive targets for hackers seeking to access confidential data or disrupt operations. Without proper endpoint security measures, IoT devices can be compromised, leading to data breaches, network downtime, and other security incidents that can compromise the entire system's integrity. 2.4 Issues with IoT Device Authentication When IoT devices are designed without proper authentication mechanisms, it can be challenging to verify their identities. This results in possible unauthorized access, data breaches, and other security incidents. To supplement IoT data management practices, companies must implement secure authentication protocols specifically designed for IoT environments, such as device certificates, digital signatures, and multi-factor authentication, to maintain IoT data governance. 2.5 Increasing Volume of Unstructured Data IoT devices generate vast amounts of data in various formats and structures, including text, images, audio, and video, which can be difficult to process, manage, and analyze. This data is often stored in different locations and formats, making it challenging to ensure quality and consistency. Moreover, this flood of unstructured data can contain sensitive information that must be protected to comply with regulations and standards. For effective IoT data governance, it is necessary to implement data classification, metadata management, and data quality management to make sense of unstructured data. 2.6 Unethical Use of IoT Data IoT devices collect data that can be sensitive and personal, and misuse can lead to various negative consequences. Data from IoT devices can be used to develop insights, but it must be handled carefully to avoid privacy violations, discrimination, or other negative consequences. Ensuring data ethics requires organizations to consider the potential impacts of their data collection and use practices on various stakeholders. This involves addressing issues such as data privacy, data ownership, transparency, and bias in IoT data analytics. 2.7 Inadequate Data Governance Protocols Without proper data governance protocols, IoT data may be inaccurate, incomplete, or difficult to access or analyze, reducing the effectiveness of IoT systems and limiting the potential benefits they can provide. Additionally, inadequate data governance protocols can lead to security and privacy vulnerabilities, potentially exposing sensitive data to unauthorized access or theft. This can result in legal and regulatory penalties, reputational damage, and a loss of customer trust. 3 Addressing IoT Data Governance Challenges 3.1 Security by Design This approach involves integrating security and governance considerations into the design and development of IoT systems from the outset. This helps minimize vulnerabilities, prevent breaches that may compromise the confidentiality, integrity, and availability of IoT data, and help maintain IoT data governance. In addition, by prioritizing security in the design phase, organizations can implement security controls and features tailored to their IoT systems' specific needs, which can help prevent unauthorized access, manipulation, or theft of IoT data. 3.2 Awareness Initiatives IoT data governance challenges can arise due to an improperly trained workforce that may not recognize the purpose and benefits of data governance practices. Awareness initiatives can help organizations develop a culture of security and privacy. These initiatives can educate employees and stakeholders about the risks and best practices associated with IoT data governance, including the importance of data security, privacy, and ethical considerations. By raising awareness of these issues, organizations can promote a culture of responsible data management, encourage stakeholders to adhere to data governance policies and procedures, and reduce the risk of human error or intentional misconduct that could compromise IoT data. 3.3 Standardized Data Governance Policies Collaboration between local, regional, and federal governments and businesses is essential to establishing frameworks for implementing IoT and related technologies within their jurisdictions. Cooperation between governments and enterprises is crucial for implementing a standardized IoT data governance policy. This will protect end-users by mandating basic standards in procurement processes and creating regulations and guidelines that promote responsible data governance. 4 IoT Data Governance: Future Outlook Data is one of the most valuable resources for organizations today, and addressing the problem of IoT data governance will ensure that the IoT of enterprises is used effectively and responsibly. Straits Research reported that the worldwide data governance market had a worth of USD 2.1 billion in 2021 and is projected to reach an estimated USD 11.68 billion by 2030. IoT devices are a key driving factor behind the growth of the data governance market, and as the amount of data generated and the number of devices grows, so will the complexity of data governance. By maintaining strong data governance policies and tracking changes in policies and best practices, businesses can ensure compliance and maintain trust in the long run.

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Enterprise Iot

Securing industrial networks: it’s a journey

Article | July 20, 2023

Trying to secure the industrial network in one go is like boiling the ocean. Better to view it as a journey. At each step in the journey, you’ll make incremental changes to people, process, and technology. Minimal security. This is the current state for most manufacturers. If you’re here, you’ve segmented the industrial network from the IT network. Traffic can’t cross from the IT network to the industrial network without clearing the DMZ. You can block malware from entering the industrial network. You can block malware from leaving the industrial network to infect the enterprise network. But if the industrial network is exposed to malicious software, you don’t have a way to contain it. That means the malware might affect multiple manufacturing cells or production lines — even multiple plants.

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Four ways to ensure IoT success

Article | April 15, 2020

Three out of four IoT projects are considered a failure, according to Cisco. This is troubling but even more so when Cisco also found 61 per cent of companies say they believe they’ve barely begun to scratch the surface of IoT can do for their business? Businesses believe in the long-term value offered by integrating IoT into their business plan, however, they lack the knowledge of what is required to ensure the success of such a complex project. By studying past failed projects, technology leaders can gain a better understanding of why they failed and what they can do differently when evaluating and undertaking new IoT initiatives.

Read More
IoT Security

Overcoming IoT Security Challenges for Safe Implementation

Article | July 5, 2023

The evolution of internet-based market models has changed the way businesses operate. Present-day businesses know that data visualization in business intelligence is integral to competitive success. Therefore, businesses are now expanding their data and intelligence retrieval capacities. As a result, IoT (Internet of Things) data visualization is gaining popularity among industrialists and researchers across various disciplines. In corporate finance, IoT-based efficient data visualization analyses data from multiple sources with the help of corporate analytics management tools and manages data quality for business intelligence to reduce the risk of leaks. Impact of IoT Data Visualization on Corporate Finance BI Data is everywhere— right from a customer's first visit to your company’s website until he signs out, all the behavioral patterns and data are tracked. All this data becomes useless unless it is utilized for a particular purpose. Analyzing this data to predict future trends is one of the significant benefits of smart data visualization tools and technologies. It helps to slice and dice the data gained from different sources of different complexity levels to the minute granular level. Business intelligence utilizes these insights and the existing database to run risk analysis. It gives an overview of your financial performance and the risks and exposures it faces. And if you switch the KPIs at the center of any dashboard, your entire team can instantly access the most important and relevant data. IoT data visualization can measure big data on customers more efficiently, allowing organizations to add value to their customers. Customized tools will analyze your customers’ data and produce reports according to specific customer needs to help you get a deeper insight. Corporations can also utilize this data to better understand their competitors’ benchmarks. Customizable IoT Data to Store Millions of Data Points in One Place IoT collects millions of data from various complex sources. The data visualization dashboard contains multiple widgets that convert this data into various forms, such as line graphs, geographical maps, bar charts, pie charts, gauges, heat maps, etc. This information, transmitted into multiple visualizations, helps organizations to unlock every piece of data into a valuable asset. The Benefits of Using IoT Data Visualization Businesses can collect, analyze and monitor a variety of data using IoT, such as internet usage data, video surveillance data, mobile app usage, and social media. It helps businesses to design products and provide personalized value-added services to drive better consumer engagement. Here are some key benefits IoT data visualization offers: Unlock multiple insights across various verticals Addressing important financial concerns proactively Combination of multiple data sources into a single insightful dashboard Multi-layered visual data. Combines new data with the existing data to analyze new business opportunities. Better performance on IoT data flow. Analyze multiple data correlations in real-time Improved Collaboration Well-coordinated and efficient performance. Cost reduction Accurate data interpretation Mitigate risk factor Better decision making Conclusion Hands down, IoT data visualization intelligence in a company’s business operations will lead to better decision-making. But, before you choose an IoT data visualization tool for your business, you should know what kind of data you need to analyze and if you need any additional historical data. Because IoT services offer data visualization tools and techniques to analyze and monitor the data accordingly to predict future trends. So, it’s important to identify the goals before selecting a tool for your organization.

Read More
Security, IoT Security

Stay Ahead with 15 Prominent IoT Security Companies

Article | July 13, 2023

Explore the emerging complexities of IoT data governance with 7 key challenges to tackle. Address data privacy, security, and ethical concerns, empowering your business for success in 2023 and beyond. Contents 1 The Case for Maintaining IoT Data Governance 2 Challenges of IoT Data Governance 2.1 Lack of Organizational Commitment 2.2 Data Privacy Concerns 2.3 Lack of Endpoint Security for IoT Devices 2.4 Issues with IoT Device Authentication 2.5 Increasing Volume of Unstructured Data 2.6 Unethical Use of IoT Data 2.7 Inadequate Data Governance Protocols 3 Addressing IoT Data Governance Challenges 3.1 Security by Design 3.2 Awareness Initiatives 3.3 Standardized Data Governance Policies 4 Conclusion 1 The Case for Maintaining IoT Data Governance The growing use of IoT devices across various industries has caused a surge in data volume. Most of these devices store sensitive company data, which plays a crucial role in business operations but can have dire consequences if it falls into the wrong hands. Thus, companies need to understand what is IoT governance and its implementation to safeguard sensitive data from unauthorized access and malicious exploitation. 2 Top Challenges in IoT Data Governance for Businesses 2.1 Lack of Organizational Commitment Organizational commitment is essential for effective IoT data governance. There needs to be a clear purpose and goals regarding data governance that are communicated to all stakeholders. Not focusing on organizational commitment can result in a lack of alignment between the organization's goals and the IoT data governance strategy, as well as uncertainty about ownership and accountability for data governance across the organization. 2.2 Data Privacy Concerns Ensuring data privacy is a significant concern when implementing IoT data management to maintain IoT data governance security. With the vast amount of data generated by IoT devices, there is an increased risk of personal and sensitive data being compromised. Therefore, it is crucial to identify potential vulnerabilities, mitigate the risk of data privacy breaches in IoT environments, and anonymize user data for consumer devices. 2.3 Lack of Endpoint Security for IoT Devices IoT devices are often designed with limited processing power and memory, and as such, many connected devices do not have built-in security features. This makes them attractive targets for hackers seeking to access confidential data or disrupt operations. Without proper endpoint security measures, IoT devices can be compromised, leading to data breaches, network downtime, and other security incidents that can compromise the entire system's integrity. 2.4 Issues with IoT Device Authentication When IoT devices are designed without proper authentication mechanisms, it can be challenging to verify their identities. This results in possible unauthorized access, data breaches, and other security incidents. To supplement IoT data management practices, companies must implement secure authentication protocols specifically designed for IoT environments, such as device certificates, digital signatures, and multi-factor authentication, to maintain IoT data governance. 2.5 Increasing Volume of Unstructured Data IoT devices generate vast amounts of data in various formats and structures, including text, images, audio, and video, which can be difficult to process, manage, and analyze. This data is often stored in different locations and formats, making it challenging to ensure quality and consistency. Moreover, this flood of unstructured data can contain sensitive information that must be protected to comply with regulations and standards. For effective IoT data governance, it is necessary to implement data classification, metadata management, and data quality management to make sense of unstructured data. 2.6 Unethical Use of IoT Data IoT devices collect data that can be sensitive and personal, and misuse can lead to various negative consequences. Data from IoT devices can be used to develop insights, but it must be handled carefully to avoid privacy violations, discrimination, or other negative consequences. Ensuring data ethics requires organizations to consider the potential impacts of their data collection and use practices on various stakeholders. This involves addressing issues such as data privacy, data ownership, transparency, and bias in IoT data analytics. 2.7 Inadequate Data Governance Protocols Without proper data governance protocols, IoT data may be inaccurate, incomplete, or difficult to access or analyze, reducing the effectiveness of IoT systems and limiting the potential benefits they can provide. Additionally, inadequate data governance protocols can lead to security and privacy vulnerabilities, potentially exposing sensitive data to unauthorized access or theft. This can result in legal and regulatory penalties, reputational damage, and a loss of customer trust. 3 Addressing IoT Data Governance Challenges 3.1 Security by Design This approach involves integrating security and governance considerations into the design and development of IoT systems from the outset. This helps minimize vulnerabilities, prevent breaches that may compromise the confidentiality, integrity, and availability of IoT data, and help maintain IoT data governance. In addition, by prioritizing security in the design phase, organizations can implement security controls and features tailored to their IoT systems' specific needs, which can help prevent unauthorized access, manipulation, or theft of IoT data. 3.2 Awareness Initiatives IoT data governance challenges can arise due to an improperly trained workforce that may not recognize the purpose and benefits of data governance practices. Awareness initiatives can help organizations develop a culture of security and privacy. These initiatives can educate employees and stakeholders about the risks and best practices associated with IoT data governance, including the importance of data security, privacy, and ethical considerations. By raising awareness of these issues, organizations can promote a culture of responsible data management, encourage stakeholders to adhere to data governance policies and procedures, and reduce the risk of human error or intentional misconduct that could compromise IoT data. 3.3 Standardized Data Governance Policies Collaboration between local, regional, and federal governments and businesses is essential to establishing frameworks for implementing IoT and related technologies within their jurisdictions. Cooperation between governments and enterprises is crucial for implementing a standardized IoT data governance policy. This will protect end-users by mandating basic standards in procurement processes and creating regulations and guidelines that promote responsible data governance. 4 IoT Data Governance: Future Outlook Data is one of the most valuable resources for organizations today, and addressing the problem of IoT data governance will ensure that the IoT of enterprises is used effectively and responsibly. Straits Research reported that the worldwide data governance market had a worth of USD 2.1 billion in 2021 and is projected to reach an estimated USD 11.68 billion by 2030. IoT devices are a key driving factor behind the growth of the data governance market, and as the amount of data generated and the number of devices grows, so will the complexity of data governance. By maintaining strong data governance policies and tracking changes in policies and best practices, businesses can ensure compliance and maintain trust in the long run.

Read More
Enterprise Iot

Securing Real-world IoT Applications through Penetration Testing

Article | July 20, 2023

Trying to secure the industrial network in one go is like boiling the ocean. Better to view it as a journey. At each step in the journey, you’ll make incremental changes to people, process, and technology. Minimal security. This is the current state for most manufacturers. If you’re here, you’ve segmented the industrial network from the IT network. Traffic can’t cross from the IT network to the industrial network without clearing the DMZ. You can block malware from entering the industrial network. You can block malware from leaving the industrial network to infect the enterprise network. But if the industrial network is exposed to malicious software, you don’t have a way to contain it. That means the malware might affect multiple manufacturing cells or production lines — even multiple plants.

Read More

Four ways to ensure IoT success

Article | April 15, 2020

Three out of four IoT projects are considered a failure, according to Cisco. This is troubling but even more so when Cisco also found 61 per cent of companies say they believe they’ve barely begun to scratch the surface of IoT can do for their business? Businesses believe in the long-term value offered by integrating IoT into their business plan, however, they lack the knowledge of what is required to ensure the success of such a complex project. By studying past failed projects, technology leaders can gain a better understanding of why they failed and what they can do differently when evaluating and undertaking new IoT initiatives.

Read More
MORE ARTICLES

Spotlight

Vadict

Vadict digitizes, automates and interconnects all company assets; co-relates with informational data(ERP, EMS, etc.) and contextual data (FOREX, weather, etc.); enriches the data with intelligent algorithms; and augments this information with deep-industry expertise to create business solutions.

Related News

Industrial IoT

Tuya Smart Delivers IoT Best Practice Using Amazon Aurora, Leads the Direction of Cloud Database Innovation Use Cases with Amazon Web Services

Tuya Smart | January 24, 2024

Tuya Smart, the global IoT developer service provider, has delivered its Best Practices in using Amazon Aurora at IoT industry. Amazon Aurora is a relational database management system (RDBMS) built for the cloud with full MySQL and PostgreSQL compatibility. Tuya and Amazon Web Services (AWS) built a solid basis of collaboration in database use cases exploration while also delivering smooth operation of billions of devices requiring high concurrency and low latency. Tuya and AWS: Building a benchmark for database implementation practice Tuya is a leading technology company focused on making our lives smarter. Tuya does this by offering a cloud platform that connects a range of devices via the IoT. By building interconnectivity standards, Tuya bridges the intelligent needs of brands, OEMs, developers, and retail chains across a broad range of smart devices and industries. Tuya's solutions enable partners and customers by improving the value of their products while making consumers' lives more convenient through the application of technology. As of September 30, 2023, the Tuya IoT Developer Platform has accumulated over 909,000 registered developers from over 200 countries and regions, covering industries including real estate, hospitality, residential, industry, agriculture, etc. The greater the breadth of business coverage, the more advanced technological support required. Tuya faces high-frequency reads and writes as well as enormous data storage challenges from billion-level online devices. Meanwhile, due to the commercial scenarios involving smart homes and smart industries, Tuya's operating response demands low latency in order to deliver a smoother user experience. Furthermore, Tuya's quick expansion and regular business changes have posed significant challenges to its operation and maintenance management. Tuya selected Amazon Aurora as core database engine for its unparalleled performance and availability at global scale. How does Tuya specifically leverage the Amazon Aurora database? Tuya currently manages billions of real-time online devices and can keep cloud message processing response times under 10 milliseconds. However, billions online devices provide a challenge. During holidays, there will be peak traffic volume, with tens of millions of devices going online and offline virtually simultaneously. Tuya used Amazon Aurora to construct a data storage solution to solve the main problem of rapid increase in short-term traffic, and to fully utilize resources. Aurora's design, which separates compute and storage and low-latency replication functionality, improves system throughput by enhancing the effect of read-write separation. Aurora provides up to 15 read replicas, setting the groundwork for Tuya's read flexibility development. At the same time, Tuya has integrated Aurora Serverless, which includes seconds-level elastic expansion and contraction, allowing Tuya to handle extremely heavy business traffic smoothly. Tuya's customers are located throughout more than 200 nations and regions, and they deal with widespread access to IoT data. Different countries and regions have different regulations on data compliance, such as GDPR and local PII. Tuya needs to adhere to each region's data security compliance regulations. As Tuya's primary business data storage provider, Amazon Aurora was among the first in the public cloud sector to enable physical encryption for database products, which significantly decreased the cost of Tuya's security compliance transformation and gave Tuya excellent basic security guarantees. In addition, Tuya is continuously testing out additional new innovation unique to Aurora, such as Enhanced Binlog, zero-ETL, and Limitless Database. Aurora's ongoing investment in innovative technologies provides more opportunities for Tuya to expand its business. Additionally, based on Tuya's comprehensive IoT developer platform architecture, both parties have collaborated to enhance Tuya IoT applications performance indicators like stability, low latency, scalability, and security in the real-world application of databases, revealing more potential and possibilities and enabling the IoT. Tuya and AWS: Continuously promoting the evolution of cloud experience Data-driven approaches will usher in a new era of innovation in tandem with the swift advancement of data applications. At this year's re:Invent conference, Peter DeSantis, Senior Vice President of AWS, reviewed the relational database's development history in great detail. In 2014, AWS created Aurora based on log architecture. In 2018, the release of Aurora Serverless allowed for seamless scaling of database resources through virtualization technology. This year, AWS announced the launch of the Amazon Aurora Limitless Database, which automatically scales to millions of write transactions per second well beyond current limits of a single PostgreSQL instance. It is apparent from Amazon Aurora's development history that AWS has always been dedicated to innovation. Customers and partners from a range of industries actively utilizes AWS to enable rapid innovation in a variety of ways, while also working together to enhance the cloud experience. Similar to how Tuya and AWS work together, Tuya's effective and user-friendly IoT developer platform and rich and varied IoT solutions have built a significant lighthouse, embracing the Amazon Aurora's innovation and accelerated the process of building a more secure and reliable IoT database use case. Amazon Aurora VP Yan Leshinsky said, "Amazon Aurora is the fastest growing service in the history of AWS and is trusted by hundreds of thousands of customers. We innovate by working backwards from customers' needs, and we appreciate the feedback that Tuya has shared. We remain committed in developing new Aurora features and capabilities so all customers can accelerate their applications' capabilities and business growth by using Aurora." "Tuya has always committed to strengthening advanced and valuable innovations, while offering open and neutral ecosystem assistance for global partners. We provide our developers with enhanced operational and maintenance control, adaptable data storage options, superior product experience, and a global business layout by utilizing the Amazon Aurora database. We will continue to work with AWS to benefit the world in the future in areas including technology, ecosystems, and cloud computing, helping customers achieve commercial success." said Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart. Enhancing the partnership with AWS, Tuya delivered IoT best practice using Amazon Aurora database, giving the industry's growth additional impetus. Tuya will maintain its open and neutral stance going forward, collaborating with cloud service providers like AWS to offer global developers a more secure, reliable, and productive cloud environment, thereby advancing the innovation and development of the entire industry.

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Enterprise Iot

Nozomi Networks Delivers Industry's First Multi-Spectrum Wireless Security Sensor for Global OT and IoT Environments

Nozomi Networks | January 25, 2024

Nozomi Networks Inc., the leader in OT and IoT security, today introduced Guardian Air™, the industry's only wireless spectrum sensor purpose-built for OT and IoT environments worldwide. With 80 percent of new IoT deployments wirelessly connected, wireless is quickly becoming a preferred network. The explosion of wirelessly connected devices increases potential access points and exploitation of networks. This puts critical infrastructure at risk of cyberattacks and disruptions to operations. Guardian Air provides much-needed visibility into wirelessly enabled devices which until now were only detected once connected to the wired network. Guardian Air monitors several prominent wireless frequencies, not just Bluetooth and Wi-Fi, to provide security teams with immediate visibility of connected sensors, devices, laptops and cell phones. With the addition of Guardian Air, customers have a comprehensive network solution all in one integrated platform. "Nozomi Networks has once again innovated to address an unmet need for wireless-level monitoring in OT and IoT environments," said Danielle VanZandt, an industry manager for commercial and public security research at Frost & Sullivan. "From smart manufacturing to digital medicine, to building automation, to modern oil field production and more, today industrial organizations are relying on billions of wireless devices to speed production and time to market. Guardian Air gives IT security professionals and OT operators the visibility they need to get a firm handle on wireless risk management and response." With Guardian Air, IT security professionals and OT operators can: Continuously monitor prominent wireless frequency technologies used in OT and IoT environments including Bluetooth, Wi-Fi, cellular, LoRaWAN, Zigbee, GPS, drone RF protocols, WirelessHART and more, Immediately detect wirelessly connected assets and gain asset information to quickly address unauthorized installations, Detect wireless-specific threats, including brute force attacks, spoofing, and bluejacking – with the added ability to determine the location of the devices performing the attacks, Seamlessly integrate wireless data into a single OT & IoT security platform that unifies asset visibility from the endpoint and across wired and wireless networks. "Wireless is fundamentally changing the way industrial organizations operate. Unfortunately, it also massively expands the potential attack surface," said Nozomi Networks Co-founder and Chief Product Officer Andrea Carcano. "Guardian Air solves this problem by giving customers the accurate visibility they need at the wireless level to minimize risk while maximizing resiliency. Because Guardian Air integrates easily into the Nozomi Networks Vantage platform, customers can combine network, endpoint and wireless for the greatest visibility, threat detection and AI-powered analysis for real-time security management and remediation across the entire attack surface." The Nozomi Guardian Air wireless sensor will be available this spring from Nozomi Networks and its extensive global network of channel partners. About Nozomi Networks Nozomi Networks accelerates digital transformation by protecting the world's critical infrastructure, industrial and government organizations from cyber threats. Our solution delivers exceptional network and asset visibility, threat detection, and insights for OT and IoT environments. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com

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IoT Security

AppViewX Digital Trust Platform Named IoT Security Product of the Year

AppViewX | January 12, 2024

AppViewX, the leader in automated machine identity management (MIM) and application infrastructure security, today announced the AppViewX Digital Trust Platform has been named IoT Security Product of the Year in the 8th annual IoT Breakthrough awards program, which showcases technologies and companies that drive innovation and exemplify the best in IoT technology solutions across the globe. IoT Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies and products in the global IoT market. The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year's program attracted nominations from companies all over the world. “Unmanaged machine identities for IoT devices can create critical security vulnerabilities, but for most organizations discovering, maintaining visibility into and controlling them has become manually unfeasible,” said Gregory Webb, CEO of AppViewX. “The AppViewX Digital Trust Platform automates IoT identity management at scale across the largest, most complex and distributed customer environments, allowing customers to achieve significantly stronger security posture and meet compliance requirements.” All IoT Breakthrough Award nominations were evaluated by an independent panel of experts within the IoT industry, with the winning products and companies selected based on a variety of criteria, including most innovative and technologically advanced products and services. About AppViewX Digital Trust Platform Out of the box, AppViewX provides instant value to customers by discovering all certificates across complex enterprise environments, building and maintaining inventories, provisioning both private and public trust certificates from any CA, alerting to expiring certificates and fully automating renewals and revocation to eliminate outages and security weaknesses across machines, applications, services, and security infrastructure. About AppViewX AppViewX is trusted by the world’s leading organizations to reduce risk, ensure compliance, and increase visibility through automated machine identity management and application infrastructure security and orchestration. The AppViewX platform provides complete certificate lifecycle management and PKI-as-a-Service using streamlined workflows to prevent outages, reduce security incidents and enable crypto-agility. Fortune 1000 companies, including six of the top ten global commercial banks, five of the top ten global media companies, and five of the top ten managed healthcare providers rely on AppViewX to automate NetOps, SecOps, and DevOps. AppViewX is headquartered in New York with offices in the U.K., Australia and three development centers of excellence in India. For more information, visit https://www.appviewx.com and follow us on LinkedIn and Twitter.

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Industrial IoT

Tuya Smart Delivers IoT Best Practice Using Amazon Aurora, Leads the Direction of Cloud Database Innovation Use Cases with Amazon Web Services

Tuya Smart | January 24, 2024

Tuya Smart, the global IoT developer service provider, has delivered its Best Practices in using Amazon Aurora at IoT industry. Amazon Aurora is a relational database management system (RDBMS) built for the cloud with full MySQL and PostgreSQL compatibility. Tuya and Amazon Web Services (AWS) built a solid basis of collaboration in database use cases exploration while also delivering smooth operation of billions of devices requiring high concurrency and low latency. Tuya and AWS: Building a benchmark for database implementation practice Tuya is a leading technology company focused on making our lives smarter. Tuya does this by offering a cloud platform that connects a range of devices via the IoT. By building interconnectivity standards, Tuya bridges the intelligent needs of brands, OEMs, developers, and retail chains across a broad range of smart devices and industries. Tuya's solutions enable partners and customers by improving the value of their products while making consumers' lives more convenient through the application of technology. As of September 30, 2023, the Tuya IoT Developer Platform has accumulated over 909,000 registered developers from over 200 countries and regions, covering industries including real estate, hospitality, residential, industry, agriculture, etc. The greater the breadth of business coverage, the more advanced technological support required. Tuya faces high-frequency reads and writes as well as enormous data storage challenges from billion-level online devices. Meanwhile, due to the commercial scenarios involving smart homes and smart industries, Tuya's operating response demands low latency in order to deliver a smoother user experience. Furthermore, Tuya's quick expansion and regular business changes have posed significant challenges to its operation and maintenance management. Tuya selected Amazon Aurora as core database engine for its unparalleled performance and availability at global scale. How does Tuya specifically leverage the Amazon Aurora database? Tuya currently manages billions of real-time online devices and can keep cloud message processing response times under 10 milliseconds. However, billions online devices provide a challenge. During holidays, there will be peak traffic volume, with tens of millions of devices going online and offline virtually simultaneously. Tuya used Amazon Aurora to construct a data storage solution to solve the main problem of rapid increase in short-term traffic, and to fully utilize resources. Aurora's design, which separates compute and storage and low-latency replication functionality, improves system throughput by enhancing the effect of read-write separation. Aurora provides up to 15 read replicas, setting the groundwork for Tuya's read flexibility development. At the same time, Tuya has integrated Aurora Serverless, which includes seconds-level elastic expansion and contraction, allowing Tuya to handle extremely heavy business traffic smoothly. Tuya's customers are located throughout more than 200 nations and regions, and they deal with widespread access to IoT data. Different countries and regions have different regulations on data compliance, such as GDPR and local PII. Tuya needs to adhere to each region's data security compliance regulations. As Tuya's primary business data storage provider, Amazon Aurora was among the first in the public cloud sector to enable physical encryption for database products, which significantly decreased the cost of Tuya's security compliance transformation and gave Tuya excellent basic security guarantees. In addition, Tuya is continuously testing out additional new innovation unique to Aurora, such as Enhanced Binlog, zero-ETL, and Limitless Database. Aurora's ongoing investment in innovative technologies provides more opportunities for Tuya to expand its business. Additionally, based on Tuya's comprehensive IoT developer platform architecture, both parties have collaborated to enhance Tuya IoT applications performance indicators like stability, low latency, scalability, and security in the real-world application of databases, revealing more potential and possibilities and enabling the IoT. Tuya and AWS: Continuously promoting the evolution of cloud experience Data-driven approaches will usher in a new era of innovation in tandem with the swift advancement of data applications. At this year's re:Invent conference, Peter DeSantis, Senior Vice President of AWS, reviewed the relational database's development history in great detail. In 2014, AWS created Aurora based on log architecture. In 2018, the release of Aurora Serverless allowed for seamless scaling of database resources through virtualization technology. This year, AWS announced the launch of the Amazon Aurora Limitless Database, which automatically scales to millions of write transactions per second well beyond current limits of a single PostgreSQL instance. It is apparent from Amazon Aurora's development history that AWS has always been dedicated to innovation. Customers and partners from a range of industries actively utilizes AWS to enable rapid innovation in a variety of ways, while also working together to enhance the cloud experience. Similar to how Tuya and AWS work together, Tuya's effective and user-friendly IoT developer platform and rich and varied IoT solutions have built a significant lighthouse, embracing the Amazon Aurora's innovation and accelerated the process of building a more secure and reliable IoT database use case. Amazon Aurora VP Yan Leshinsky said, "Amazon Aurora is the fastest growing service in the history of AWS and is trusted by hundreds of thousands of customers. We innovate by working backwards from customers' needs, and we appreciate the feedback that Tuya has shared. We remain committed in developing new Aurora features and capabilities so all customers can accelerate their applications' capabilities and business growth by using Aurora." "Tuya has always committed to strengthening advanced and valuable innovations, while offering open and neutral ecosystem assistance for global partners. We provide our developers with enhanced operational and maintenance control, adaptable data storage options, superior product experience, and a global business layout by utilizing the Amazon Aurora database. We will continue to work with AWS to benefit the world in the future in areas including technology, ecosystems, and cloud computing, helping customers achieve commercial success." said Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart. Enhancing the partnership with AWS, Tuya delivered IoT best practice using Amazon Aurora database, giving the industry's growth additional impetus. Tuya will maintain its open and neutral stance going forward, collaborating with cloud service providers like AWS to offer global developers a more secure, reliable, and productive cloud environment, thereby advancing the innovation and development of the entire industry.

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Enterprise Iot

Nozomi Networks Delivers Industry's First Multi-Spectrum Wireless Security Sensor for Global OT and IoT Environments

Nozomi Networks | January 25, 2024

Nozomi Networks Inc., the leader in OT and IoT security, today introduced Guardian Air™, the industry's only wireless spectrum sensor purpose-built for OT and IoT environments worldwide. With 80 percent of new IoT deployments wirelessly connected, wireless is quickly becoming a preferred network. The explosion of wirelessly connected devices increases potential access points and exploitation of networks. This puts critical infrastructure at risk of cyberattacks and disruptions to operations. Guardian Air provides much-needed visibility into wirelessly enabled devices which until now were only detected once connected to the wired network. Guardian Air monitors several prominent wireless frequencies, not just Bluetooth and Wi-Fi, to provide security teams with immediate visibility of connected sensors, devices, laptops and cell phones. With the addition of Guardian Air, customers have a comprehensive network solution all in one integrated platform. "Nozomi Networks has once again innovated to address an unmet need for wireless-level monitoring in OT and IoT environments," said Danielle VanZandt, an industry manager for commercial and public security research at Frost & Sullivan. "From smart manufacturing to digital medicine, to building automation, to modern oil field production and more, today industrial organizations are relying on billions of wireless devices to speed production and time to market. Guardian Air gives IT security professionals and OT operators the visibility they need to get a firm handle on wireless risk management and response." With Guardian Air, IT security professionals and OT operators can: Continuously monitor prominent wireless frequency technologies used in OT and IoT environments including Bluetooth, Wi-Fi, cellular, LoRaWAN, Zigbee, GPS, drone RF protocols, WirelessHART and more, Immediately detect wirelessly connected assets and gain asset information to quickly address unauthorized installations, Detect wireless-specific threats, including brute force attacks, spoofing, and bluejacking – with the added ability to determine the location of the devices performing the attacks, Seamlessly integrate wireless data into a single OT & IoT security platform that unifies asset visibility from the endpoint and across wired and wireless networks. "Wireless is fundamentally changing the way industrial organizations operate. Unfortunately, it also massively expands the potential attack surface," said Nozomi Networks Co-founder and Chief Product Officer Andrea Carcano. "Guardian Air solves this problem by giving customers the accurate visibility they need at the wireless level to minimize risk while maximizing resiliency. Because Guardian Air integrates easily into the Nozomi Networks Vantage platform, customers can combine network, endpoint and wireless for the greatest visibility, threat detection and AI-powered analysis for real-time security management and remediation across the entire attack surface." The Nozomi Guardian Air wireless sensor will be available this spring from Nozomi Networks and its extensive global network of channel partners. About Nozomi Networks Nozomi Networks accelerates digital transformation by protecting the world's critical infrastructure, industrial and government organizations from cyber threats. Our solution delivers exceptional network and asset visibility, threat detection, and insights for OT and IoT environments. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com

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IoT Security

AppViewX Digital Trust Platform Named IoT Security Product of the Year

AppViewX | January 12, 2024

AppViewX, the leader in automated machine identity management (MIM) and application infrastructure security, today announced the AppViewX Digital Trust Platform has been named IoT Security Product of the Year in the 8th annual IoT Breakthrough awards program, which showcases technologies and companies that drive innovation and exemplify the best in IoT technology solutions across the globe. IoT Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies and products in the global IoT market. The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year's program attracted nominations from companies all over the world. “Unmanaged machine identities for IoT devices can create critical security vulnerabilities, but for most organizations discovering, maintaining visibility into and controlling them has become manually unfeasible,” said Gregory Webb, CEO of AppViewX. “The AppViewX Digital Trust Platform automates IoT identity management at scale across the largest, most complex and distributed customer environments, allowing customers to achieve significantly stronger security posture and meet compliance requirements.” All IoT Breakthrough Award nominations were evaluated by an independent panel of experts within the IoT industry, with the winning products and companies selected based on a variety of criteria, including most innovative and technologically advanced products and services. About AppViewX Digital Trust Platform Out of the box, AppViewX provides instant value to customers by discovering all certificates across complex enterprise environments, building and maintaining inventories, provisioning both private and public trust certificates from any CA, alerting to expiring certificates and fully automating renewals and revocation to eliminate outages and security weaknesses across machines, applications, services, and security infrastructure. About AppViewX AppViewX is trusted by the world’s leading organizations to reduce risk, ensure compliance, and increase visibility through automated machine identity management and application infrastructure security and orchestration. The AppViewX platform provides complete certificate lifecycle management and PKI-as-a-Service using streamlined workflows to prevent outages, reduce security incidents and enable crypto-agility. Fortune 1000 companies, including six of the top ten global commercial banks, five of the top ten global media companies, and five of the top ten managed healthcare providers rely on AppViewX to automate NetOps, SecOps, and DevOps. AppViewX is headquartered in New York with offices in the U.K., Australia and three development centers of excellence in India. For more information, visit https://www.appviewx.com and follow us on LinkedIn and Twitter.

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