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Bringing Better Realities into the Business World
Chalk-Talk
Yes, Internet of Things
is Reshaping the World
December 2018
www.insightssuccess.com
N
Generation
Disruptors
The
Revenue Tips
Saas Can Create Business
Developments with Different
Revenue streams
Ken Ehrhart
Founder & CEO
e are living in an era of innovation where technology is creating several opportunities to
Wdisrupt the established system. The evolving disruptive companies are delivering
tremendous acceleration to associated businesses with the help of technology. With the
confluence of many innovative and disruptive technologies, organizations are bringing about a
tsunami of a change into various industry verticals. They are creating a new economic shift by
transforming economic structures, status quos of the business world, consumer behavior, and
employment.
Disruption is a phenomenon that is adding enormous value in shaping the world of the next
generation. By practicing meaningful disruption, businesses are setting benchmarks within the current
environment and breaking the new grounds. They are stepping back and recreating the value to stay
ahead of the disruption curve.
Through disruptive technologies, businesses are unfolding the developing environment of the fourth
industrial revolution. The pace at which organizations are evolving, the next era of technological
miracles/marvels isn’t too far. The new businesses are stepping in the respective market segments
with an intention of creating disruption and are thriving in a vibrant and innovative startup
ecosystem.
Editor’s Note
Building the
Next Generation
In order to emphasize the innovative and disruptive trends of global technology, Insights
Success has curated a list of “The Next Generation Tech Disruptors”, which are taking a leap
to create the next generation business models.
Our cover story features Paracosma Inc., a Virtual Reality company focused on content
creation, technology innovation, systems integration. It creates its own content in the gaming,
entertainment, tourism, enterprise and education/training spaces. It also has proprietary
technology for producing, viewing, managing and distributing 360-degree photo and video
content.
Further, this edition also includes companies such as Automated Insights Inc., which enhances
business intelligence dashboards and internal performance reports to targeted content on an
unprecedented scale; DigiPlex , which designs, builds and operates sustainable data centers in
the Nordic region; PrivacyCheq, whose innovations power the new wave of privacy
transparency by dramatically erasing the technical burden of user interaction compliance,
delivering users an optimal user privacy management experience, building “digital trust”; Vivial
Inc., a groundbreaking marketing technology company that offers a full range of customer
engagement tools to help businesses enhance the way they connect with customers; and ZOME
Energy Networks Inc., the world’s first DERMS platform implementing blockchain
technology.
Also, featuring as company of the month is ComplianceQuest Inc., a highly flexible 100%
cloud based EQMS built using the Salesforce platform. The company significantly improves an
organization's culture, collaboration, competency, efficiency, performance and innovation
through the digital transformation of quality and compliance delivered via the modern cloud.
Also, make sure to scroll through the articles written by our editorial team and CXO standpoints
of some of the leading industry experts to have a brief taste of the sector.
Let’s start reading!
Hitesh Dhamani
sales@insightssuccess.com
Corporate Ofces:
December, 2018
Database Management Stella Andrew
Technology Consultant David Stokes
Circulation Managers Robert, Tanaji
Research Analyst Patrick James
Steve, Alan, Vishal
Anish MillerManaging Editor
Art & Design Director Amol Kamble
Associate Designer Tejas Kulkarni
Visualiser David King
Senior Sales Manager Passi D.
Business Development Executives
Marketing Manager John Matthew
Jenny FernandesAssistant Editors
Sharad Chitalkar
Art & Picture Editors BelinPaul
Co-designer
KhannaJayant
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Sales Executives
David, Kevin, Mark, Sagar
SME-SMO Executives
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Online Marketing Strategists
Alina Sege, Shubham, Vishal
Digital Marketing Manager Marry D’Souza
Technical Specialists Amar, Pratiksha
Technical Head Jacob Smile
Copyright © 2018 Insights Success, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in
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Reprint rights remain solely with Insights Success.
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Executive Editor
Contributing Editors
Abhishaj Sajeev
Shubham Khampariya
Editor-in-Chief Pooja M. Bansal
Hitesh Dhamani
Mayur Koli
Working with enterprise companies, one
quickly discovers the many areas in which
their processes and procedures can literally
be augmented with AR technology.
‘‘‘‘
Bringing Better Realities into the Business World
Cover Story
Ken Ehrhart
Founder & CEO
Paracosma Inc.
N
Generation Disruptors
The
The future of AR/VR is
virtually limitless because
the opportunities within
these virtual worlds are as
broad as the opportunities
within the real world.
‘‘
‘‘
here’s no denying that
Ttechnology has evolved with
huge advancements and is
continuing to do the same. Simulating
vision with a virtual experience has
now become possible due to the
evolving concepts of Augmented and
Virtual Realities (AR/VR). Through
these realities, businesses are
simplifying the processes of various
industries and taking them to a new
level. In 2016, 88% of companies were
using or planned to use AR/VR. But,
63% of them did not have in-house
resources to develop AR/VR projects
and 55% of them planned to outsource
AR/VR development. With a mission
of making better realities, an AR/VR
based company, Paracosma Inc.
stepped into the market to provide
outsourced solutions, skills, and its
own in-house products to both small
and large customers.
Headquartered in California,
Paracosma Inc is a Delaware
Corporation with its additional sales
and technology office in Tokyo and its
primary research and development
center in Kathmandu, Nepal. Its
services include content creation,
application development, and project
implementation across the broad range
of AR & VR platforms. Additionally,
the company creates its own content in
the gaming, entertainment, tourism,
enterprise and education/training
spaces. It also has proprietary
technology for producing, viewing,
managing and distributing 360-degree
photo and video content.
Comprehensive Set of Offerings
Paracosma has a broad range of
offerings across AR and VR. It has
developed an enterprise AR platform
that is being used for machine
maintenance and training for large
global manufacturing and food
processing companies along with
product assembly and quality
assurance for a leading electronics
capital equipment manufacturer. The
company has worked on AR to
demonstrate advanced features and in-
home viewing of products for an
international durable goods
manufacturer. It also produces video
holograms, 3D objects, characters,
animations and AR effects, for various
clients including a leading home goods
retailer, a consumer facing AR
application, and a national
telecommunications company.
Paracosma has developed its own
open-ended sandbox VR game, called
Unnamed VR, launching for Christmas
2018. The setting is a large house in
which all objects are interactive and
each room offers opportunities for
exploration and playing mini-games.
These include an adventure room with
trampolines, zip lines, climbing walls;
shooting galleries; graffiti spray
painting room; and many more. Each
of these interactions also can serve as
the basis for enterprise training and
simulation scenarios.
Paracosma has created VR demos of a
smart city command center. The
company provides photogrammetry
reconstructions of major settings such
as the Pashupatinath Temple in
Kathmandu. It has also developed a
VR copresence application that allows
multi-user remote collaboration in
shared environments for enterprise
customers. Apart from these, it also
offers a full range of 360-degree photo
and video services including its own
in-house production, filming and post-
production services, and white-label
online and app-based distribution
platform for 360 photos and videos.
The Bleeding Edge
The ingenious mind behind the
inception of Paracosma is its Founder
and CEO, Ken Ehrhart. He has been
in technology research for 22 years, a
partner in Venture Capital for 18 years
and has focused on international
market expansion for over 8 years.
Thus, he brings a wealth of experience
in growing early stage companies on a
global basis. Paracosma has been built
from the start as an international
company serving the two largest
enterprise markets in the world, the US
and Japan. With the strong belief in the
inevitable ubiquity of AR and VR
accessible virtually free through
smartphones, but understanding the
difficulty of timing breakthrough
market expansion, the Founder’s goal
has been to build a company with a
long-term horizon and broad and deep
technical capability, so that it would be
positioned for ongoing success as the
markets matured.
A One-stop-shopping Platform
According to Paracosma, the AR and
VR sectors are proving to be
remarkable for a vast array of startup
companies. But, due to high capital
requirements of traditional technology
centers such as Silicon Valley and San
Francisco, most AR/VR startups focus
on a very narrow segment of the
industry and have just a small number
of engineers supporting that segment.
Due to its low-cost, high-quality
offshore development team, Paracosma
has been building a larger team
focused across more segments. Thus, it
can offer clients a full range of services
that would not typically be available
from a single service provider. The
company is a one-stop-shopping
platform for AR/VR services at
industry leading pricing.
The AR/VR sectors are evolving very
rapidly with new platforms and
innovations coming very fast. This
makes it challenging for small in-house
teams to keep up with the
advancements. With a rapidly
expanding team, Paracosma can focus
on all major AR and VR platforms
instead of focusing on just one or two.
It also has the potential to establish
new R&D in multiple promising areas.
With low-costs, this breadth of focus
enables it to work with clients who
have visions for what the technology
will enable in the future and to build a
long-term partnership that takes
advantage of new capabilities as they
evolve. Many competitors are forced to
take a narrower, short-term view and
miss the opportunity to grow in
partnership with their clients as
technology catches up to their visions.
Currently, AR/VR are terribly hard to
develop, to distribute and to access.
Paracosma is focused on the future in
which those barriers begin to fade and
is seeking the solutions to simplify
AR/VR.
Providing an Affordable Access Point
It has been fascinating to watch the
early evolution of the AR/VR
marketplace. According to Paracosma,
a couple of years ago, most companies
realized that they should care about
AR/VR. But, they had little conception
of what the technology could actually
do and how difficult and expensive it
could be to implement their vision.
From those early days of generic
inquiries, clients have matured to a
much clearer understanding of the
technology and the technology itself is
evolving very quickly to catch up to
some of those early visions. Providing
a low-cost partnership for exploring
AR and VR has enabled clients to
easily test the technology and
experiment and explore the potential
for their businesses. Research has
shown that once companies begin
trying AR/VR, all of them intend to
continue investing in the technologies,
while those that have not tried it are far
more skeptical. Paracosma provides an
affordable access point to realize that
value.
Moving towards Sustainable Growth
Considering the future of AR/VR,
Paracosma believes that it is virtually
limitless. But, the opportunities within
these virtual worlds are as broad as the
opportunities within the real world and
that makes it very difficult to know the
future. The aspects of consumers’ and
business clients’ experiences that will
be enhanced and augmented by the
addition of virtual elements and the
ones that remain a real-world focus,
are difficult to pre-judge. So, AR/VR
companies with a narrow focus may
find it difficult to create and maintain a
critical mass of business. A few will
guess right and succeed and many will
guess wrong, either the segment or the
timing, and fail. But, companies with a
broad range of skills that remain
sustainable due to low costs will have
the ability to service the market
segments that evolve and thrive,
without worrying about betting on the
wrong horse.
Paracosma is focused on its continued
sustainable growth. In addition to its
direct client base, the company is
increasingly becoming a low-cost
service provider for other AR/VR
companies. It is expanding ongoing
supplier relationships with its clients.
One upcoming milestone will be the
launch of its consumer VR game,
Unnamed VR. Success for the product,
will allow an expansion of
Paracosma’s direct to end-user product
offerings. Paracosma has also
increased its footprint in Tokyo and
anticipates growing revenues from
Japan. A third focus will be the launch
of VR copresence collaboration for
enterprise clients, while focusing on
the continued expansion of its
enterprise AR platform.
AR and VR adoption
are inevitable. Whether
their ubiquity comes in
the long-term or short-
term will depend on
how quickly we make
what is now difficult
technology into
something that is
easy, affordable
and accessible.
‘‘
‘‘
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CORPORATE OFFICE
Management BriefCompany Name
Cypress Semiconductor
Corporation
cypress.com
Hassane El-Khoury
CEO
Prashanth Rajendran
CEO
Digiplex
digiplex.com
Panasas
panasas.com
Paracosma Inc
paracosma.com
PrivacyCheq
privacycheq.com
Vivial Inc
vivial.net
Faye Pairman
CEO
Ken Ehrhart
CEO
Jim Continenza
Chairman & CEO
ZOME Energy
Networks, Inc
zomepower.com
Dr. Alex Papalexopoulos
CEO
Gisle M. Eckhoff
CEO
Automated Insights, Inc.
automatedinsights.com
ComplianceQuest Inc.
compliancequest.com
Marc Zionts
CEO
Jonathan Cobb
CEO
Ayla Networks
aylanetworks.com
Ayla Networks is the world’s leading platform for
product manufacturers, service providers, and enterprise
companies to connect any device to any application and
achieve digital transformation.
ComplianceQuest Inc., a highly flexible 100% cloud based EQMS built
using the Salesforce platform. The company significantly improves an
organization’s culture, collaboration, competency, efficiency,
performance and innovation through the digital transformation of quality
and compliance delivered via the modern cloud.
Cypress is the global supplier of choice for innovative companies
in high-growth markets.
DigiPlex , designs, builds and operates sustainable data centers
in the Nordic region.
® ®
Panasas ActiveStor Solutions support industry and research
innovation around the world, with the fastest plug-and-play parallel
data storage system, optimized to accelerate workflows, simplify data
management, and deploy easily as an appliance.
Paracosma Inc., a Virtual Reality company focused on content
creation, technology innovation, systems integration. It creates
its own content in the gaming, entertainment, tourism,
enterprise and education/training spaces. It also has proprietary
technology for producing, viewing, managing and distributing
360-degree photo and video content.
PrivacyCheq's innovations power the new wave of privacy
transparency by dramatically erasing the technical burden of
user interaction compliance, delivering users an optimal user
privacy management experience, building “digital trust”
Vivial Inc., a groundbreaking marketing technology
company that offers a full range of customer
engagement tools to help businesses enhance the way
they connect with customers
ZOME Energy Networks Inc., the world’s first DERMS
platform implementing blockchain technology.
Automated Insights Inc., enhances business intelligence
dashboards and internal performance reports to targeted content
on an unprecedented scale.
Roy Smith
CEO
N
Generation Disruptors
The
In an interview with Insights
Success, Prashanth Rajendran,
the CEO of ComplianceQuest
Inc. unveils his insights on building a
highly scalable platform that
exemplifies the organization’s motto of
quality, compliance, collaboration, and
communication, while creating an
environment of trust.
Below are the highlights of the
interview:
What are the cutting-edge
products/solutions offered by
ComplianceQuest ?
ComplianceQuest provides a unified
suite of applications in a single
platform addressing quality
management, manufacturing quality,
supplier management, customer/field
service quality and health & safety.
Delivering best-in-class out-of-the-box
solutions, we fast-track our efficiency,
safety and overall performance by
combining enterprise quality and
compliance with modern collaboration,
communication and social media
across the product value chain.
Suitable for emerging growth
companies and scalable and flexible to
meet the needs of medium and global
enterprises, ComplianceQuest is easy
to implement, validate and use.
We support 12 core best practices
driven solutions/processes out-of-the-
box, integrated and ready to go. Unlike
recently introduced cloud solutions,
ComplianceQuest, not only has a
comprehensive breadth and depth of
integrated solutions today but we are
also designed to scale to support the
needs of small to global enterprises
alike by redefining what a next
generate EQMS platform and solution
should be. Because we are natively
built on Salesforce, it leverages the
entire 100% modern cloud
infrastructure and all the platform
benefits including security, availability,
reliability, and performance at scale.
Salesforce focusing on the business
applications platform allows us to
drive more INNOVATION into our
solutions.
With this unique approach, companies
can adopt our highly scalable platform
to accommodate their immediate needs
and as the requirements grow, provide
companies the ability to grow with the
application suite and the platform. We
can integrate our solution suite with
traditional enterprise software
solutions including ERP, MES, CRM
and HR systems expanding its
performance strength of quality and
compliance aspects across the entire
supply chain. In addition, we have
abilities through Salesforce for
communication and collaboration
through Chatter, social media like and
follow, Community Cloud to include
exchange of data/documents from a
company’s external partners, support
for mobility, Artificial Intelligence
through Einstein Analytics, and already
come with pre-validated solutions for
Life Sciences customers.
With the escalating number of
technology based solution providers,
ComplianceQuest Inc.:
Streamlining Workflows through Modern Cloud Platform
16| December 2018|
Company of the Month
how is ComplianceQuest driving
itself to create an impact on its
customers?
The industry is changing - To provide
superior products and customer
service, businesses are transforming
the way they look at all quality and
compliance facets of an operation.
Manufacturing processes and supply
chain management that were once easy
to handle are now much more
complex. What used to be controlled
and contained within the
manufacturing plant is now monitored,
run and maintained globally. In
response to specific challenges
including the inefficiency of non-
harmonized, often paper based
processes, disparate repositories and
tools, vast amounts of data, uncertainty
in that data quality, unreliable material
quality and delayed detection of issues
and process bottlenecks, more
companies are looking to consistently
cover all stages in product’s quality
journey. Given this situation, building
an effective quality and compliance
system that conforms to management
standards like ISO 9001:2015 among
others, is imperative for manufacturers
from all industries that want to work
efficiently and win over customers.
This fundamental business need is
compounded by the emergence of
digitization across industrial segments.
Digitization will clearly disrupt,
collapse, and transform processes,
procedures, and actions.
What are the challenges faced while
providing the unique tech powered
solution and how is
ComplianceQuest serving to tackle
them?
We hit the ground running as we began
marketing and selling our solution into
the manufacturing and life sciences
industry. The initial challenge faced
was the adoption of Modern Cloud
technology especially those built on a
cloud business platform like
ComplianceQuest provides a unified suite of
applications in a single platform addressing quality
management, manufacturing quality, supplier
management, customer/field service quality and
health & safety.
|17| December 2018
Prashanth Rajendran
CEO
ComplianceQuest Inc.
Salesforce. However, the Salesforce
approach for a 100% modern cloud
infrastructure and all its business
platform benefits (trusted security,
reliability, scalability, integration ease
to other natively built Salesforce
applications) made it easy for us to
focus solely on our own solution
innovation to create a platform with the
breadth and depth of functionality
manufacturing companies need today.
In addition, recent years have seen
rapid advancement in connectivity,
mobility, analytics, scalability and big
data – what we call the fourth
Industrial revolution or Industry 4.0.
This digital transformation in
manufacturing has put an increased
focus for manufacturing and quality
leaders on solutions like quality
management at an enterprise-level to
improve both revenue and bottom line
efficiency. For companies like ours that
made the initial decision to adopt
modern cloud architecture platform
such as Salesforce allows us to take
advantage of the latest and future
technology advancement such as
Machine Learning, Artificial
Intelligence, Smart Connectivity and
Collaboration throughout the entire
product value chain.
Lastly as a growing company in a
modern cloud world, gaining visibility
and creating customer value is
necessary to aid in the company
growth. By leveraging the Salesforce
ecosystem, we have built relationships
with other critical application vendors,
such as ERP, and channel partners to
create a global network delivering
comprehensive capabilities and a
differentiated value in the market.
Where does ComplianceQuest see
itself in the long run and what are its
future goals?
ComplianceQuest’s journey is steadfast
in its belief of Salesforce platform and
ecosystem as a strong foundation for
continuing to develop and deliver
future innovative solutions and seeing
rapid growth globally. Salesforce itself
is also becoming a more standard
platform within many companies and
hence IT is looking at other Salesforce
apps available to extend the value of
their investment and reduce overall IT
footprint. This modern cloud
experience means a reduction in
management of modular licenses and
versions and simplifies IT issues
surrounding software management.
Using the cloud, customers will always
have the most updated version of the
software platform. In addition, since
the business application platform is
continuously innovated and managed
by Salesforce, it allows us to drive
more innovation into our own
solutions. Because of the ease of
development, we can quickly create
fully working prototypes, new features
or customer specific capabilities to
address new market or customer
requirements and turn them into final
production solutions.
With continued passion and dedication
on this journey, we are well on our way
18| December 2018|
to become a market and competitive
disruption.
Testimonials from
ComplianceQuest’s Clienteles:
“Our experience with implementing
Compliance Quest @ Flipkart has been
nothing short of a wonder.
As the company project lead, I have
had the privilege and hands on
experience in Designing the System
Architecture, Configure and Deploy it
across the organization and the entire
experience has been nothing short of
GREAT…
While wearing the hat of System
Admin, the most significant feature
that I have experienced is the
platform’s capability to design,
configure/customize and deploy any
workflow / module from the front end
itself i.e. NO CODING REQUIRED at
all.
The tool is so simple to use that we
hardly reached out to CQ Support for
any subsequent customizations and all
Enhancements / Add-On’s were
implemented In-House and enabled us
to de-skill the System Admin role and
assign it to people with good command
on spreadsheet applications like MS
Excel.
A true asset for the organization! 3
Cheers for team Compliance Quest.” -
Satish Venkataraman, Manager
Quality, Flipkart
ComplianceQuest is a highly
flexible 100% cloud based EQMS
built using the Salesforce
platform. It streamlines quality,
compliance, content and
collaboration management
workflows across its customers'
company and globally-based
supply chain networks, using the
world's most proven enterprise
cloud platform from Salesforce.
Prashanth Rajendran is the CEO of
ComplianceQuest. Clients appreciate
his flair for knowing and
understanding customers' pain, his
knack to communicate a solution, and
the depth of his “real world” executive
and industry experience. As CEO,
Prashanth directly oversees
ComplianceQuest's sales, marketing,
partnerships, finance, IT, legal and
overall company strategy and
direction. He comes to the company
with more than twenty-five years'
experience in manufacturing,
engineering and quality. Prashanth
has repeatedly produced sustained
revenue and EBITDA growth in
dynamic and changing markets. He
has extensive experience with
process automation, which
requires a deep understanding
of critical business
drivers in multiple industries.
About the Company:
About the Leader:
|19| December 2018
Communicating Actionable Data Insights
Automated Insights:
Today, technological
innovation is at the core of
all kinds of businesses
around the world and impacts our
society greatly. We are currently in
one of the most positively disruptive
periods of tech evolution. A major
shift in business thinking has placed
artificial intelligence at the very heart
of business strategies. Automated
Insights is a natural language
generation (NLG) company, a subset
of artificial intelligence, which
provides a real-time automated
written analytics solution.
Transforming Data into Crystal-
clear Narratives
Headquartered in Durham, N.C.,
Automated Insights is the creator of
the world’s first self-service natural
language generation platform,
Wordsmith. In 2015, the company
was acquired by Vista Equity
Partners, a $30B+ private equity
firm, making it the first NLG
company acquired within the
industry.
Considering the escalating number of
technology-based solution providers,
Automated Insights is creating more
of an impact on its customers by
going beyond the market standard of
describing data, and taking it a step
further by driving better data
understanding and action around
analytic insights.
With the mission to make
the world’s data
understandable,
Automated Insights is
empowering organizations
across over 50 industries
to transform their data into
clear, human-sounding
narratives using their
powerful NLG platform,
Wordsmith.
Wordsmith, a Disruptive NLG
Platform
Natural language generation is an
emerging field of artificial
intelligence focused on taking data,
deriving what’s important, and
communicating those insights using
natural language. Wordsmith turns
structured data into written analytics
to drive faster and better decision-
making. It adds a contextual layer for
every viewer of a dashboard by
providing descriptive, diagnostic, and
tailored prescriptive analytics based
on who the viewer is, their level of
data expertise, and what they need to
know.
Wordsmith clearly describes key data
points and tells a powerful story
across all data visualizations and
dashboards. It reveals underlying
trends and describes why they’re
happening, teaches users about how
to understand data on their own, and
delivers advice on what the data
means with specific actions to take.
Wordsmith solves data literacy issues
by authoring personalized,
prescriptive written analysis that is
indistinguishable from reports
written by a human analyst with deep
understanding of the subject.
‘‘
‘‘
Whether you're a busy
executive,non-data expert
employee,customer,or
vendor,Wordsmith gives
you personally relevant
insight and KPI's in the
easiest medium to
understand—the
written word.
20| December 2018|
“When we look at the analytics, we
see a huge spike in engagement after
we run the [Wordsmith] narratives.
We can say with confidence that
narratives are very valuable to our
end users and that they really
appreciate the information. The
numbers don’t lie.” - Chris Gutierrez,
Director of Product Innovation,
GreatCall
“Wordsmith is shifting behaviors and
conversations from ‘I think’ to ‘I
know.’ Instead of asking ’What is
happening,’ we’ve evolved to “What
are we going to do about it? The
speed of Wordsmith is phenomenal,
and the information is always right.”
– Sasha Teska, Business Intelligence
Manager, Arterra Wines Canada
a lack of knowledge around
NLG due to the fact that
NLG is an emerging field
of artificial intelligence. A
major part of Automated
Insights’ job is to educate
the market on what NLG is
and why it is essential in
their business intelligence
strategy, in addition to
tackling common
misconceptions.
As a company, it is constantly
evolving, progressing, and learning
to find answers to the driving
questions of who, what, why, and
how. Automated Insights is always
discovering new information on
where it fits best into the market and
how it can improve its services.
Automated Insights sees itself as an
enduring lead provider of NLG
whose goal is to make NLG essential
in business intelligence and analytics
through growing product
development, fostering existing
partnerships, and establishing new
and enduring partnerships. Whether
generating concise summaries of
internal and operational business
data, personalizing and publishing
content at scale or the company’s key
insights around competitive sales
analysis, there are countless
opportunities in which written
analysis aids in understanding and
decision-making across an enterprise
that Automated Insights is tapping
into.
Reflections of Excellence
The most essential factor behind
Automated Insights’ comprehensive
excellence is its ability to
automatically communicate
actionable data insights clearly and
empower an entire organization to
make actionable, data-driven
decisions instantly.
An Exemplary Leader
As the CEO of the leading NLG
company, Marc Zionts, is
responsible for the strategic direction
and execution of the company to
accomplish short-term goals while
constantly working towards long-
term objectives necessary for driving
the team to new heights.
Zionts is a technology executive and
entrepreneur whose passion is
working with emerging technology,
introducing it to the market, and
maximizing businesses commercially
to drive value and encourage
innovation. With the fundamental
goal to uplift Automated Insights and
help team members thrive in their
roles, his leadership is an essential
component to unlock exponential
growth and deeper innovation for the
company.
Current Challenges and Future
Roadmap
Automated Insights is a leader at the
forefront of NLG technology, and
seeing as it’s a new industry, there’s
little historical market insight to use
as a foundation for research and
development. One of the biggest
challenges of the industry is facing is
N
Generation Disruptors
The
Marc Zionts
CEO
|21| December 2018
CanCreate
Business Developments
with Different
Revenue Streams
S
aaS or ‘Software as a Service’ is being used rigorously in current business ventures as it provides
more accuracy and vision to any business project. Interestingly, with this solution, the importance
of installing the hardware devices to run the data and different applications has lost its
importance. It is a very selective section of cloud computing, through which the future business data
collection process can be simpler than ever. SaaS is a very profitable genre in the field of futuristic
business ventures, and thus a question may arise about the SaaS business, and that is what could be the
revenue stream for such business enterprise, or in general words, the earning process for the SaaS
business!
Unfortunately some people believe that there are no such good ways of earning revenue for Saas
business and if there are some sources, those are very minor in their conducts. Interestingly, the reality
and the current situation are otherwise, and there are a number of ways in which the SaaS business can
earn its revenue. ‘Payment’ to get the software is not the only mode of earning, and the enterpriser of
this business can earn great revenue with multiple options, without stressing out on particular section of
the business venture. Here are some of the solutions:
Set-up Cost and Upsell
A Set-up cost is one of the common ways to earn the revenue and it gives clarity to the providers about
the authenticity of the users and determines the commitment too, thus it is a great way to explore the
minds of the customers and the possible future relationship with the users. On the other hand the set up
earning can actually lead to the upsell market for the SaaS providers. It is one of the easiest ways to
enhance the revenue through the existing customers, and it is a great business opportunity, as this way
of earning lessens the dependency of the brand on the pressure of adding up new customers. To
maintain the continuity with the existing customers certain facilities like offering additional storage,
speed, data, bandwidth or the frequency are enlisted as 'services'. Though, this process of earning is
largely dependent on the benefit of the product or the service, along with the need or requirement of the
client.
Affiliate Marketing
It is another great way to boost the earning for the SaaS business as, through this process, it becomes a
two-way system to get business, where the users advertise or sell the product. As the process is
SAAS
24|
Revenue Tips
December 2018|
dependent on the users, it is not dependent on any
other external way from the business providers'
side. The SaaS providers are only responsible to
pay the commission after getting the revenue. So
it is definitely a win-win situation for the SaaS
providers.
Customer Service and Information Charges
Saas providers are on the verge of adding a new
structure for great revenue, which are customer
service and information charges. As with this
system, the business providers offer to sale some
of the researched information to the clients. It is
not very difficult for the clients to value them by
paying the money as they are getting a great help,
and interestingly it can work for the clients to
cling to the services which can create the path for
more business. Basically, a great customer service
is the key to earn good money and with the
satisfaction of the customers; the process can be
on the loop for a great revenue system.
Advertisement
Advertisements are the most common sector of
earning money, and it is the best way of earning through
the free version users, but not very apt for the paid
customers. As the paid customers already pay a certain
amount, adding advertisements can create a negative
impact on them. So even if the ads are there, they must
be in a way that looks less annoying for the users.
API Model
This is rather a complicated but effective method of
earning lucrative revenue. If the SaaS can coordinate or
work with other software applications, the importance
of it can rise to a whole new level. This work model can
do magic for some of the users and it can have a great
value or earning in the future. But this great system
comes with certain risks, and the reason is, the amount
of money invested to create and run it. But if the
developers can be assured of its service and the demand
of the customers, it can turn out to be a great money-
making option.
Reselling
When some of the SaaS is so apt that the potential
customers want to avail it for their business purpose,
the tie-up with the providers or the reselling of the
product can be beneficial form the point of view of the
revenue. This process is known as the White Label
Licensing.
At the end of this discussion, the conclusion is, a better
service can open up new trails for Revenue Streams for
SaaS Business. SaaS is not a new concept, but the vast
implication is definitely new. So there are a number of
scopes yet to be explored by the developers of this new
business. Thus, the future and the success of SaaS
business is dependent on exploring various ways for
SaaS revenue, and with more innovative ideas for the
revenue, the market of SaaS business will be more
strengthened to touch the zenith.
|25| December 2018
Redefining Sustainable Data Centres
DigiPlex:
Founded in 2001, DigiPlex is the
Nordic leader for innovative,
secure and sustainable data
centers. The company has worked
tirelessly to develop its reputation as
world’s most innovative and strategic
data centre provider, as well as the
most attractive provider in the whole of
the Nordic region. Today it is the only
pan-Nordic provider offering both
hyperscale, wholesale and retail
colocation at state-of-the-art facilities
in Oslo, Norway; a campus facility in
Stockholm, Sweden and an in-town
centre in Copenhagen, Denmark.
DigiPlex data centres have been
uniquely designed to pass on the
maximum benefit from low regional
temperatures, using advanced and
inventive cooling techniques to
compound efficiency. DigiPlex is a
rarity in the global data centre market,
as the dominant Nordic large-scale
operator that runs on 100% renewable
energy, all of which is fully compliant
with the International Organisation for
Standardisation (ISO) recognised
standards for quality, security, safety
and environmental management.
As businesses, governments and
individuals around the world are
becoming more aware of the major
looming environmental threats
presented by expanding data needs,
DigiPlex has already established itself
with a solid team of industry experts,
deep market knowledge, and an
advanced proposition that enables
environmentally responsible, and cost-
effective growth.
Efficient and Eco-friendly
DigiPlex helps customers
build a data centre solution
that evolves with their
needs, while reducing their
carbon footprint and
environmental impact.
Continual investment in
R&D has ensured its new
data centres are among the
most efficient and
environmentally responsible
in the world, with power-
usage-effectiveness (PUE)
levels as low as 1.1-1.2, far below
global average of 1.7-1.8.
DigiPlex has won numerous awards for
its creativity and engineering
excellence in seeking maximum
efficiency, for example through its Air-
to-Air cooling system, designed
perfectly for the cool, moist
atmospheric conditions of the Nordics,
TM
or the Concert Control algorithm
developed to optimise the performance
of cooling against the power drawn by
servers.
An Industry Veteran
Gisle M. Eckhoff is the CEO of
DigiPlex. He has thirty years of
experience in the IT industry (both in
the Nordics and the US). Gisle has
provided a renewed strategic edge as
the business expanded to international
customers. Since his appointment,
DigiPlex has grown its customer base
substantially, winning multiple
industry awards, entering new markets,
and positioning itself for further
growth within the hyperscale,
wholesale and retail client sector.
Optimizing Customer Experience
DigiPlex is constantly developing and
expanding its proposition to better
meet the needs of its customers. Its
Ulven data centre is host to the first
Norwegian deployment of Amazon
Web Services (AWS) Direct Connect,
an offering that allowed the company
‘‘‘‘
DigiPlex is proud to
be the first to
cost-effectively adapt an already
operational evaporative
air-to-air
cooled data centre to
reclaim waste heat.
26| December 2018|
experience for end users across the
globe, whilst using data centres that
are in the best locations for delivering
greener facilities. The topology, speed
and bandwidth of the Telia Carrier IP
Backbone means that DigiPlex can
confidently provide scalable internet
connectivity services to customers, as
well as take advantage of other IP
transport and wavelength services in
the future.” Henrik Almroth, Sales
Director, Telia Carrier
Oslo, where excess heat from
Oslo data centre Ulven will
be used to warm 5,000
homes though the local
Fortum Oslo Varme district
heating system.
Clientele Assessment
“As a fast-growing, cloud-
based IT platform service
provider, it is essential for us
to have the right data centre
partner. Our partnership
with DigiPlex ensures that we
deliver a green, ISO certified and
energy efficient cloud solution to our
customers.” – Andreas Hisdal, CEO of
Intility
“DigiPlex and IT-Total fit together like
two pieces of a puzzle. DigiPlex is
enabling us to continue rapid growth,
amplifying our offer through a secure,
green and tailored service.”- Fredrik
Franzén, Global Business
Development Manager, IT-Total.
“As we developed our compliant
clouds, in which companies in the
financial sector have been very
interested, we needed a data center
provider that could meet the high
standards of accessibility, security and
regulatory compliance demanded by
our business and customers. This was
in addition to increasing requests from
customers for sustainable IT services.
With its clear focus on providing
climate friendly and energy efficient
data center services combined with
their high security and regulatory
compliance, DigiPlex was chosen to be
an important partner for our continued
expansion,” – Johan Christenson, CEO
and founder, City Network.
“DigiPlex has been able to give its
customers the best of both worlds: high
speed connectivity giving a great
to provide their customers and their
customers’ customers with easy, direct
access to the cloud through AWS
Direct Connect. This presented a
significant upgrade to the service
available to users in Norway, and
bolstered DigiPlex’s position as the
region’s most connected data centre
operator.
Tapping New Markets
DigiPlex was founded with the firm
belief that the Nordics is the ultimate
data centre destination for companies
and organisations which recognize
sustainability and energy efficiency, as
business-critical issues.
Having become the best known data
centre brand in both Sweden and the
Nordics, the company will continue to
expand its proposition to new markets,
partnering with clients ranging from
local and national businesses, to
governments and the world’s largest
and most technically demanding
hyperscale brands – all of whom are
poised to reap major rewards from
DigiPlex’s best-in-class, energy
efficient and green data centre
solutions.
Earlier this year, DigiPlex announced
several ambitious and pioneering heat
reuse agreements in both Sweden and
Norway allowing for recovery of
excess heat from its data centres to
warm neighbouring homes.
These efforts will present a global first
where the operational Stockholm data
centre with an indirect evaporative air-
to-air cooling solution will be
retrofitted to recover excess heat for
the local district heating system
Stockholm Exergi, heating up 10,000
homes. In August, the company
extended this with a new initiative in
N
Generation Disruptors
The
Gisle M. Eckhoff
CEO
|27| December 2018
David Cahn is
Global VP of
Marketing for Elemica,
the leading provider
of a Digital Supply
Network for process
manufacturers.
ABOUT THE AUTHOR
David Cahn
Global VP of Marketing
Elemica
28| December 2018|
Technological innovation is happening at a faster
rate than ever before, causing digital disruptions for
many businesses. A digital disruption is a
transformation that is caused by emerging digital
technologies and business models. These innovative new
technologies and models can impact the value of existing
products and services offered in the industry, actually
disrupting the current market and causing businesses to re-
evaluate their competitive advantage.
Ignoring digital disruptions can impact businesses.
Remember Polaroid? The company led the market with its
cameras that created instant pictures. Yet in 2001, the
Polaroid Corporation filed for federal bankruptcy protection
because the company failed to make the smooth transition
from analog to digital cameras. The corporation decided to
bet on their past innovations and, as a result, lost to
companies who jumped on the digital bandwagon. By
keeping abreast of changes in demand, businesses can
follow the trends and adjust their strategies to embrace
these changes, which will help them to thrive and grow
profits.
Today’s digital disruptors are companies like Amazon and
Uber, who use technologies to out maneuver the
competition and build growth. Disruptors can be startup
companies or long-established businesses. A wait-and-see
attitude will not give a business sufficient time to make a
comeback when the disruptor begins to dominate the
industry.
Companies must continuously reinvent their business using
digital disruptive technology or watch from the sidelines
while they lose market share. Yet, many businesses still
struggle with acceptance, and others don't know where to
start the journey.
Accepting Digital Disruption
Digital disruption is fueled by next generation technology,
such as artificial intelligence, data analytics, the Internet of
Things and software-enabled platforms that tie all these
technologies together. C-level executives understand that
any industry can be profoundly affected by digital
disruption and no one can afford to ignore the threat. In
other words, digital disruption rewrites the rules of
business.
Digital disruption begins with acceptance of digital
transformation using digital technologies within operations
and ecosystems. Today’s technology allows all business
stakeholders to share a single network, connecting and
collaborating on supply chain operations from one end of
the enterprise to the other. Each trading partner has access
to information generated through the network in order to
gain visibility to all aspects of production, procurement,
transportation and distribution. With the proper information,
executives can make qualified decisions that drive
improvements in the business.
Accepting digital disruptions within the enterprise means
the business is no longer worried by the disruption and
CHALLENGESCHALLENGES
& RISKS IN ADOPTING
DIGITAL DISRUPTIONDIGITAL DISRUPTION
|29| December 2018
instead leverages strategic planning and technologies to
drive the business. Disruption is accepted into the culture of
the organization so innovation is a day-to-day experience.
Instead of concern, the business will be better able to sense
and respond to changes in demand and disruptions to
mitigate any risk.
Often a business has to decide whether to respond to the
digital disruption or not. While it is not conducive to ignore
the disruption, businesses may not always have to respond.
Instead, the business can complement the disruption by
adding value to it. An example would be to create
technologies that augment the disruption, such as software
(added value) for an iPhone (disruptor).
Beginning a Digital Transformation Journey
To start the journey, management needs to design a strategy
for digital transformation that involves people, processes
and partners. The strategy should be broken down into
process steps that contain material, information and people
flow. Each employee knows that the product moves from
process A to process B in a specific quantity, at a specific
time, to a specific location. Because of digital technologies,
people have visibility into what is happening with each
step, giving them the ability to uncover bottlenecks that can
cause delays or poor product quality.
Today’s technology allows all stakeholders to share a single
network, connecting and collaborating on supply chain
activities from one end of the enterprise to the other. Each
trading partner has access to information generated through
the network in order to gain visibility to all aspects of
production, procurement, transportation and distribution.
With the proper information, executives can make qualified
decisions that drive improvements in the business.
Digital Supply Networks (DSN) are part of a digital
transformation journey, providing a technology foundation
for improving inter-business processes, expanding supply
chain relationships, increasing revenues and reducing
operating costs. DSNs create greater opportunities by
integrating suppliers, customers, and logistics service
providers in various ways depending on the level of inter-
business processes that are performing.
One method is to connect via ERP-to-ERP integrations with
high-volume suppliers and customers to streamline and
automate sell-side and buy-side transactions. A second
technique is through some type of portal for order capture
and invoicing for inter-business automation. Finally, some
leading DSNs provide email as a simple onboarding method
to digitize an inter-business process without requiring
supply chain partners to have any integration software.
Benefits of Digital Disruptions
Digital transformation helps customers know where their
“stuff” is at all times, similar to the conveniences derived
from mobile apps, where a taxi is ordered and the route
visualized on the phone screen. Emerging next-gen end-to-
end visibility applications in concert with a network of
interconnected buyers, suppliers and logistics providers are
enabling companies to lower working capital and operating
expenses, mitigate risk and improve customer satisfaction
by breaking down silos within the organization. With digital
transformation, the supply chain is now a completely
integrated ecosystem accessible by all stakeholders.
With end-to-end visibility as the key driver for an effective
supply chain improvement strategy, businesses must rely on
building more collaborative relationships across their
network of trading partners. Gaining end-to-end visibility
across transportation processes can deliver 6% or more in
transportation savings, remove the equivalent of 15 people
from operating costs by improving productivity, and reduce
the Cash-to-Cash cycle by 4 days or more.
Digital systems gather data, which can be used for
predictive analytics and machine learning to continually
improve the organization. More informed decisions can be
made by management. Disruptions from digital
technologies can reshape markets and help with launching
new products or services for less cost.
With a digital transformation in the supply chain, silos
dissolve and every part of the ecosystem has full visibility
to what is happening from end-to-end. Supply and demand
signals can travel through the network uninhibited, alerting
the appropriate parties to low levels of raw materials or
inventory, or seasonal spikes in demand. Because trading
partners get this information in real time through the digital
supply network, they can react accordingly. Digital
disruptions from digital transformations will results into
huge gains in customer satisfaction, profits and efficiencies.
30| December 2018|
The
Universality
of IoT
Technology
The
Universality
of IoT
Technology
“
The gratifying tool for companies to lead ahead -
IoT Technology” The Internet of things (IoT) is a
revolutionary change for many sectors like
manufacturing, agriculture, retail, electronic, energy and
healthcare which are progressing towards the IoT
phenomenon to connect digitally. It has placed an
opportunity to build unusual results which increases a
company’s compatibility. Enterprises seeking
development are focusing on the use of real-time data
management and IoT analysis. Many of the
companies are adopting this technology to heighten
their power of consumption. Companies are
mainly concentrating on IoT application from
“sensing” instead of “doing” to grow its
competitive advantages. This element empowers
organizations by allowing them to take the IoT
advantage and adopt a more ‘innovative
connected approach’.
Infrastructure Management – Optimization of
Technology
New applications are now enhancing their level of
consumption. Likewise, manufacturing sector is also
36|
Editor’s Choice
December 2018|
which land is fertile or which one is dry and predict
future fields.
IoT Technology Helps to Optimize Energy
Consumption
Integrated Sensing and Control system helps to optimize
energy consumption. IoT devices are integrated with
energy consumption systems in order to maintain
balance between power generation and energy usage. IoT
devices offer the opportunity to remotely gather
information. It enables advance functions like remote
controlling and changing light conditions. IoT
Technology work for home-based energy system which
provide power related information, energy consumption
and energy usage at homes. IoT devices set goals to
improve efficiency, reliability and sustainability of the
energy system.
Monitoring Environment through IoT Technology
Environment monitoring application has been involved
with sensors to assist information about environment
changes by identifying water quantity, atmosphere, air
pressure etc. It also has focus on monitoring movements
of wildlife and their habitats. Devices connected to the
internet also provide statistics about earthquake or
tsunami - early warning systems, and also used as an
emergency system. IoT device application is used to
collect geographic information and majorly instructive
information. This device also uses standardized approach
to bring wireless sensing technique and gather finest
information.
IoT Technology Helps to Sustain Building and Home
Automation
With certainty, IoT devices are used to monitor and
control the mechanical, electrical and electronic systems.
IoT devices are used in various types of home
automation and building automation systems. Control
and sensory applications offer unified information. The
integration of the internet with building creates an
energy management system which will allow prominent
energy efficiency.
There have been many ways for IoT technology to
expand compatibility in the digital world, and it will be
implemented in each sector to work as an important tool,
to enhance its affinity. After all, the IoT network makes
technology more unified and satisfying, with its tools and
applications and IoT will be a step ahead towards
numerous opportunities.
getting engrossed and achieving excellence through IoT
Techniques. Applications are liable for monitoring and
controlling operations for urban and rural manufactures
like bridges, farms, and railway tracks. It is the key
features of the applications were IoT infrastructure is
also used for monitoring the construction safety and risk
management system and operations. This major feature
represents the mechanism of IoT application which
works under infrastructure management. Benefits of IoT
Technology are cost reducing, time reducing, better in
quality, and increase productivity. It helps to make fast
decisions and save money with real-time analysis. IoT
devices help to give prominent results by monitoring and
controlling operations used in all infrastructure related
area.
Manufacturing Techniques are Growing with IoT
Technology
In the manufacturing sector, networking and controlling
have been used with IoT devices. It provides information
about data and operation stability. Network status and the
information is collected in the system by tracking IoT
device. Manufacturing control process deliver
information about industry application and smart
manufacturing details receiving form IoT device. IoT
intelligent system enables sharing information about
product demands, service management, supply chain
networks, sensors and control systems together. Small
industries can also be integrated with IoT technology
that enables real-time optimization, measurements,
production compatibility and safety management.
However, intelligent systems are determined as the
significant technique that implies user experience and
system security which ultimately saves costs.
IoT Technology brings Innovative Farming Methods
The Agriculture sector is one of the industry to
implement IoT technology for stability and better
performance. IoT technology has become a significant
method of farming. It also offers durability and
functionality to the whole process. The combination of
wireless sensors with agricultural apps and cloud
platforms benefits in gathering definite information
relating to environmental conditions like, rainfall,
temperature, humidity, wind speed etc. Farmers are
getting competent results out of it, and are able to find
real-time information easily. Linked with farmland, it
improves and automates farming techniques like weather
information, taking decision on quality and quantity, and
minimizes risk and waste. With IoT Tech farmers can
find out detailed information of farm and similarly know
|37| December 2018
A True Differentiator in the
Marketing Technology IndustryVivial:
Today more than ever,
businesses need marketing
solutions to differentiate them
from the competition and pave the way
to future success. But many business
owners lack the time and funds
necessary to keep up with the latest
marketing trends.
Businesses need to look no further than
Vivial, a pioneer in the marketing
technology (martech) industry.
Founded in 1910, Vivial has remained
on the forefront of the industry,
continually evolving its service
offerings to meet the ever-changing
needs of businesses.
Vivial’s mission is to convert the
complex world of digital and mobile
marketing into simple, yet powerful
solutions for the businesses it serves. It
provides a full range of marketing
solutions which includes content
marketing, social media management,
text messaging services, mobile-
friendly websites and the latest local
search products to ensure high
rankings on Google and other search
engines.
Vivial is dedicated to facilitating
connections - connecting companies to
customers and people to products. It
also recognizes that digital marketing
is not a one-size-fits-all experience,
since each company is unique, and its
marketing needs may vary across
geographies and industries. As a result,
Vivial matches its products and
services accordingly to meet its client’s
specific needs and budget.
At present, Vivial works with
thousands of local, national and
enterprise clients across 6,000
industries. The company
employs over 1,000
marketing experts across 20
major U.S. cities, from
Dayton to Honolulu, Los
Angeles to New York City.
Additionally, Vivial has its
mobile technology footprint
in countries like United
Kingdom, Netherlands and
Greece.
A Trailblazer
An innovator in the
marketing technology
industry, Jim Continenza is the
Chairman and CEO of Vivial.
Responsible for the strategic vision of
the company, Jim is advancing the
martech industry by offering a
straightforward suite of integrated
online, social and mobile solutions to
connect brands of all sizes with
customers.
He continually strives to innovate by
developing and acquiring new
technologies that provide companies
with a seamless experience. This helps
them reach customers quickly and
easily, and increase ROI with
actionable consumer insights.
Jim is focused on bringing the latest
technology to help businesses connect
with target audiences. To do so, Jim is
always on top of the latest trends and
conducts research to understand the
ways consumer behaviors are changing
and how this impacts businesses that
are trying to capture their attention. As
a result, he develops and implements
industry-leading product offerings for
companies to adopt to remain relevant
in today’s "now" society.
As a thought-leader, he is constantly
offering tips and strategies to help
businesses to achieve their marketing
goals. Currently, Jim serves as
Chairman of the Board for Eastman
Kodak, Merrill Corporation, Sorenson
Communications, Neff Rental and
Tembec Corp. He also serves on the
Board of Directors for Broadview
Networks and Nextel International.
“Whether it's an easy-to-use and
affordable local marketing
technology or a custom marketing
campaign that Vivial builds
from the ground up,
implements and monitors on the
client's behalf,Vivial makes
the complex simple.”
— Jim Continenza
38| December 2018|
“Vivial does a great job as our SEO
provider and has taken our rankings
from page 17+ to page 1 and 2! They
have monthly calls to show you exactly
what they’re working on and openly
invite you to make changes or
suggestions for new keywords, etc.
Terrific company to work with!” -
Kimberly Dermit, Allied High Tech
“Vivial is a great marketing resource
for small businesses in the digital age.
First and foremost, it is affordable. The
reps are knowledgeable, open and
friendly, and always available. Your
best bet when a full-time digital
marketing department is not in your
budget.” - Jim Montague, Lakeview
Garden Center and Landscaping
performing social media
strategy, utilizing Facebook,
Instagram, Twitter, LinkedIn
and other social platforms.
It’s like having a full-
fledged marketing
department on staff prepared
to respond and adjust based
on business needs.
Strives to be the Best
Vivial aims to remain at the
forefront of the marketing
technology industry and will
continue to lead the industry
by staying on top of shifts in
technology, advertising,
marketing and customer
behavior. Further, by understanding
these shifts, Vivial will support
businesses to reach customers quickly
and easily, in the exact manner they
choose.
Vival’s goal is to continuously identify
new opportunities to add to the
company’s portfolio along with
enhancing the ways it helps businesses
engage with their customers on a
personal level. It is also identifying
ways to expand its presence both
domestically and internationally by
building or strategically acquiring
platform and technologies required to
stay on the leading edge of marketing
technology.
Words of Trust
Full-fledged Marketing Solutions
Vivial is the only marketing provider in
the industry to offer a robust and
proprietary online, mobile and social
media platform designed to connect
local businesses with their target
audience. It provides a suite of
solutions to help SMBs attract, engage
and retain customers in a highly
mobilized, uber-competitive online
marketplace.
The company’s marketing platform
allows businesses to engage with
customers through text messaging,
advertise on Facebook and Instagram,
request and monitor online reviews,
track Google rankings and monitor
online business listings all in one
place. Vivial’s suite of solutions also
includes responsive website
development, local search
optimization, online advertising and
local print directories. Earlier this year,
Vivial launched the Mobile Optimizer,
a new text messaging service for local
business. This connects businesses
with new and existing customers
throughout the entire buyer journey.
With this service, businesses no longer
need multiple provides to manage their
omni-channel marketing strategy.
In addition to the comprehensive
solutions offered, on-demand support
is included in every Vivial solution to
ensure the highest customer
satisfaction. This on-demand support
team consists of an Account
Coordinator to oversee the entire
program, from monthly performance
monitoring to project management. In
addition, the business has access to an
entire team of content writers and
editors to craft and distribute custom
content on behalf of their business.
And finally, businesses can also
partner with a social media strategist
to plan, develop and execute a high
N
Generation Disruptors
The
Jim Continenza
Chairman and CEO
| December 2018 |39
Ondrej Tomas
CEO
40|
Expert's Opinion
December 2018|
Transforming
Data based
Solutions
Ondrej Tomas is the CEO of CleverAnalytics.com
CleverAnalytics is Location Intelligence and
Analysis platform driven by the business cases of
CEOs, COOs, Network, Sales and Marketing
executives. It excels in processing really large data
sets and combining internal and external data into
one data model.
| December 2018 |41
or quite a few years now Data is a new business
Fmantra. Data is strategic asset, data is a key to
unlock real business potential. Everything seems to
dance around the data fire. So why would there be any need
for more data, more data analytics, more tools?
Obviously the challenging part is turning the data into
information and turning the information into valuable
insights. I personally went through many iterations of this
value chain. I was on the vendor side providing data
warehouse technology and business intelligence tools as
well as being on the customer side, trying to find the right
tools, getting the IT environment together with the business
one, fighting for the data to give answers. It is not easy!
Especially when you have a very precise idea what you
want and what the outcome should look like. All that leads
to some frustration and complexity issues.
However, the world of technology changes fast and a lot of
frustrating tasks from the past are nowadays so easy to
resolve. Why is that?
I am observing a few key trends and elements for this
development. First and foremost, it is cloud computing
adoption, secondly, it is machine learning and artificial
intelligence principles and thirdly it is new large data
sources that bring the “material” that can be and should be
analyzed.
Cloud computing is the biggest democratization principle
found in last decades. Cloud computing scaled down and
brought up super advanced analytics to anyone, anywhere,
anytime. Just a few years back only the biggest and
wealthiest companies could afford to run large data centers
with huge racks and server farms running all that expensive
software tools from prime vendors. Today you can rent that
technology for just a few moments to run your job at a
fraction of a price and with the possibility to pay with your
credit card. Not only can you rent infrastructure you can
also rent software and you can choose from tens and
hundreds of tools. When you don’t like the tool, you just
stop the subscription and move to some more convenient
tool. This is a true revolution. You own all the possibilities
of this modern world with a single credit card in your
pocket! What a massive impact this has. For example, any
company in the world can decide NOT to have any IT! I
mean servers, hardware, IT people... You can just run on
cloud services. Without any back-office and in fact, you do
not even need a physical office or company cars!
Machine learning is closely connected with cloud
computing. Without cloud there would not be machine
learning in the form we know it today. Machine learning
works only when you have enough data for the machine to
feed. And that exactly is the role of cloud. That applies also
to ML software capabilities. Few years ago there was just
nothing except for some super expensive and proprietary
tools. Nowadays you do a few clicks on AWS (amazon web
services) and you run your first ML query! Needless to say
what amazing possibilities this brings to data turning into
information.
For our own technology (location intelligence platform) this
meant an interesting breakthrough. All of a sudden we
could provide our normal users with a simple analysis after
initial data load that showed basic behavioral patterns. Just
on one click. Amazing! Using computing power and know
how of people that we would not be able to buy in a
lifetime…
But machine learning brings more. It learns every minute,
every day some more, it learns more with more data.
Thanks to this we all got used to using Siri on our phones or
Alexa in our “smart” homes. All that being more capable
every day due to machine learning. What a life changing
technology!
My third topic was new large data sets as a raw material to
be analyzed. And there are so many! We have a rising star -
internet of things (IoT) together with Blockchain, internet
browsers related data, smartphones generated data, etc..
And sometimes you do not even need a new source of data.
Sometimes you just find a new use for the data already
existing. Such as for us utilizing the location based data.
There is a location element in more than 80% of all
business related data today. Almost everything can be
localized. Your phone calls, your card payments, your car
parking, your web browsing… All this represents large data
sets that wait for exploring. The fun part is that this is only
a start of a new trend. There will simply be more and more
data - i.e. more possibilities for turning them into a valuable
insights. Yet only 0,5% of all data is now being analyzed.
95,5% of all data are not being touched! It is like our
knowledge of oceans. Yes, we know a lot and we are
learning fast, yet we only know so little :-)
So, exciting times are ahead thanks to all this amazing
technology. And where politicians fail in their attempts to
pursue democracy, it is technology that brings democracy
into our lives as the most natural thing.
42| December 2018|
It is certain that the energy
management system represents a
key element in the energy sector
with an aim of reduced energy use and
costs. An exceptional company with
offices in Cambridge, MA and San
Francisco, CA, ZOME Energy
Networks is now taking dramatic steps
in its bid for industry disruption and is
why we have named ZOME one of our
Top 10 Next Generation Disruptors.
TM
ZOME is the world’s first DERMS
platform implementing blockchain
technology. It has also created the most
advanced, microservices-based cloud-
architected software system
performing energy management and
optimization in the energy sector today.
DERMS, or Distributed Energy
Resource Management Systems, are
products that control energy
consuming devices, like HVACs
(Heating, Ventilation, Air
Conditioning) and hot water heaters, as
well as renewable and technology
products like rooftop solar panels and
Electric Vehicle (EV) chargers.
DERMS rely on the variables in their
immediate locations to determine and
control energy distribution in the
surrounding areas. ZOME has gone a
step further than most by integrating
with consumer-level IoT devices,
balancing between the resources that
produce energy (i.e. solar panels) and
those that consume energy (i.e.
HVACs), and optimizing the devices
under control.
Advance Cloud Architecture
ZOME has built and is operating an
advanced cloud architecture with a
broad API software gateway to talk to
myriad devices in the field. It is doing
this all with automations among
devices, algorithms for wide-scale and
optimized operation of energy usage
and savings, integration with devices
like smart thermostats and EV
chargers, and user interfaces on smart
phones and web UIs for its users. The
solution set bridges two explosive
market sectors, namely the
proliferation of IoT devices in homes,
apartments, and offices with the
evolution and democratization of the
energy sector. ZOME is now adding its
next piece to the puzzle,
cryptocurrency and Blockchain, to
create a new, 21st century energy
market.
At the top of the Game
ZOME stands out from the competition
with its patents and years of licensing
grid orchestration algorithms from
MIT and molding them to devices and
environments in deployments. ZOME
is winning awards and clients, a
company at the top of its game.
But, the disruptive newsflash is that
ZOME is licensing most of its
technology into a new spinoff company
that is chartered, among other things,
to work with its competition. The cause
for all this is Blockchain in the energy
sector.
An Established Leader
Along with its cutting-edge solutions,
the team at ZOME is another strong
suit for the company. This team is led
by Dr. Alex Papalexopoulos, the CEO
and Chairman. Alex is also the
founder of ECCO, one of the top
energy market designers in the world.
He is also an IEEE Fellow and has
designed energy markets on four
continents.
Licensing Technology
World Energy Consortium, PLC was
formed to create a worldwide
consortium of private and quasi-public
(think electric utilities) users of a
viable energy industry blockchain
solution and Token economic
system/eco-system. Its applications
include reward incentives, automated
Demand Side Management programs,
Creating a New Generation Energy Market
ZOME Energy Networks:
‘‘ZOME extends smart
homes’ abilities to save
money,earn rewards
and help the planet.
‘‘
44| December 2018|
operation today, including
CAISO, NYISO, ERCOT,
NE-ISO, PJM, Poland,
Greece, Japan, the island of
Cyprus, and many others.
World Energy Consortium,
and its sister company,
ZOME, are creating the
crypto-blockchain energy
market for electric utilities,
aggregators, building owners,
and individual consumers
(and “prosumers”)
themselves.
The World Energy
Consortium Blockchain
solves two of the biggest
issues today plaguing energy
programs: high friction in
post-event energy management
reconciliation, and measurement and
verification of energy reduction in
Demand Side Management (DSM)
programs. A common coin with an
open distributed ledger, all running
with pre-determined and agreed-to
settlement rules is the simple solution
to those previous perplexing issues.
It required the creation of a new entity,
World Energy Consortium, to be
formed– an organization dedicated to
create, manage for the community, and
build as a member of the community
an energy-specific and open crypto-
currency, one with money-velocity, and
of course one easily convertible into
transactive energy including machine-
to-machine reconciliation, P2P energy
trading, energy grid balancing, and
crypto-settlement services. ZOME will
license its technology to World Energy
Consortium so those applications that
require control software or predictive
analytics tied to the use of Blockchain
in energy can be delivered as a full
solution. Any third-party DERMS or
Analytics systems can be integrated
with the World Energy Consortium’s
Blockchain, and indeed is encouraged,
the more that leverage this Blockchain
the better, according to the
management team.
See below for a sub-set of the
Blockchain Architecture under
consideration by the Consortium as of
the writing of this article, the
transactive energy settlements process
and marketplace:
Dr. Papalexopoulos explains, “We had
to step in and create a best practices
and viable blockchain solution, since
energy industry initiatives were all
about private blockchains…we had to
maintain the reasons for private—
namely speed of transaction, security,
utility control where needed— but at
the same time take the leap to what
Blockchain is all about, the public and
open aspect of it.” He knows a thing or
two about new energy market creation,
having been involved as a lead market
designer on most of the modern
electric wholesale-retail markets in
N
Generation Disruptors
The
Dr. Alex Papalexopoulos
CEO
fiat (i.e., regular cash). Crypto coins,
aka Tokens, will be issued by World
Energy Consortium and facilitated
under a charter as a consortium
regarding governance and inter-
dependent partnerships serving the
greater whole. And World Energy
Consortium can help bundle better
solutions for Blockchain in energy with
its license from ZOME for device
control, program simulations,
predictive analytics, and white-label
software, including mobile apps and
portal UIs.
|45| December 2018
Internet of Things is
Yes,
Reshaping the World
Data—an abstract can’t be felt, can’t be touched,
more likely to be understood.
A cryptic information flows omnidirectional in surrounding
in the form of wave signals, transferring the data at different
frequencies prevents the over-drawing. This data is secured
in the cloud—large storage servers which provide a better
protection to the information.
Internet of Things—the appliances used in daily life
interrelated with cloud computing in-order to make toil
easy. It’s been introduced while ago; its applications are
seen in household commodities, and now enterprises have
also started showing their keen interest in IoT’s. Certain
IoT’s specially programmed for the processes in the
enterprise; coordinating with such technologies will bring a
boon to the enterprises as a whole, with variations in
utilization the benefits also vary.
Outlook of IoT’s depending on their functioning
Twining the Product Digitally
Digital Twins—a mirror-like virtual representation of an
original product for proper analysis is it all about. This
program helps to generate a digitalized graphical image of
any object at an instantaneous time, whereas, the analysis
includes functioning, learning, and reasoning. Any
complicated object can be regenerated and studied for its
better improvement. For example, in automotive industries,
it’s quite hard to point out a mistake or a flaw in
complicated functioning objects. An engine design is pretty
much intricate, so is it’s functioning, a digital twin of the
engine helps to analyze the speed of the engine, compressor
ratio, oil pressure, heat emitted by engines and, etc. With
the help of DT, there’s the possibility of creating a
connected engine instead of assembling the parts of an
engine.
DT can make a change in physical assets by providing
options for creating, testing, building, monitoring, and
maintaining. Implementing such IoT will benefit in
accelerating the product development rate and will also
reduce the costs. Before any occurrences in failure
predictive maintenance is always the best option. Hence, in
order to prevent further calamities, it’s better to take
measures accordingly.
Following Up the Blocks; More Secure Way
Block chain is another way to transfer data without getting
altered by other factors, the cryptography is so at its depth
that making changes get tough. Block chains is a series of
blocks which will pass data from one to another. This
methodology is used for transaction process between two
parties, considering any enterprises sharing the monetary
assets digitally, and then through block chain, the
transaction will be more secure. Trust is important factor
required for the business, thus, this will build trust between
those two parties involved in the transfer. And, as block
Chalk Talk
46| December 2018|
chain stores the data promptly in the blocks; the details of
transfer amount and related can be retrieved.
Earlier three parties were required in order to proceed for
the transfer, but here, the involvement of ‘middle party’ is
evoked, this reduces the time as well as efforts needed. As
the transactions are done on a peer-to-peer basis, there is a
reduction in contractual costs. And, reduction in cost is
always been beneficiary to the company. With the absence
of middle-man, the transaction process boosts up leaving
out the unnecessary time required.
Delivering Various Platform for Various Processes
This the age of digital disruption, in order to overcome such
issues, an enterprise needs to rethink on their business
agendas. There are certain IoT companies which provide
solutions with the digital transformation. A trend has been
followed up with innovation comes growth, considering
such methods a new platform has been developed to reduce
the launch timing of new digital services which includes
predictive maintenance and helps to monitor assets.
Some companies provide cloud-based IoT SaaS platform
for medium-sized businesses, and large companies for the
distribution and managing their IoT assets and services.
Enterprises will also be able to engineer the products by
gaining proper insights with advanced digital technologies;
this will help to maintain position in the market. There are
some platform providers which help the enterprises to
develop smart IoT’s, so that the maintenance required by
the enterprises work more efficiently and will definitely
increase the product quality and will increase transparency
in operations. Along with, as-a-services are also offered to
the enterprises for the repairing and product performance
related issues. Whereas, there are some IoT firms which
provide assistance by monitoring, utilizing assets and
tracking of vehicles. Installing such IoT will not only help
industries to remotely monitor and will have a total control
over the management.
Industries to Utilize Automated Vehicles
Time to go RC’s (remote controlled)
Many big companies have made electric-cars more
available at a commercial level too. Whereas, automated
vehicles have raised the level of non-liquid fuel cars;
nowadays, computerized controlled cars are seen in the
trend. Many companies have adapted them in order to
reduce labor; these cars receive data directly from the cloud
through certain commands supporting employees to
remotely manage vehicles. AV consist of advanced GPS
systems with high quality of cameras which helps the
vehicle to see up to 100m of the area without any
disturbance caused by nature, in hand to that, the data
acquired by the sensors helps to generate 3D optimized
view of surrounding of vehicles. This reduces the cost as
well as the time required for the transportation.
Now, Easy to track assets
A systematic implementation should be taken for the
management of assets. Talking about the management, the
most faced problems by the companies are the assets miss-
placement and miss-location. For preventing such issues,
certain measures could be taken by an implementation of
IoT; IoT such as tracking devices, this will monitor the
location of assets and help the companies to have an
outlook of their products.
Customizing the consumption with IoT
Smart Metering—another way to make building
maintenance easy, this allows a program to manage the
consumption rate of water, natural gases, and energy
entities. Installing such SM IoT will boost the
comprehension of building requirements; it will maintain
the level of needed supplies resulting in the reduction of
over-pay for the resources. Well, it is the beneficiary
method to focus on.
Coordinating IoT with CC
Cognitive Computing (CC) is a way to bring human
thoughts in computerized figures; it has self-learning
abilities which helps it to solve problems on its own. It’s
been a while in the use of CC in industries, but, with the
involvement in IoT has uplifted the technological standards.
CC acquires the data from IoT devices and works
accordingly, this vastly generated data are unstructured,
multi-modal, and, while maintaining the use of such large
detailed information some of the sensor data is thrown
away. As the productivity is limited not utilized data are
considered are left out which is also known as ‘dark’.
Hence, for certain products certain data is acquired.
Securing the Place in Market
Due to digital disruption, it has become mandatory for the
enterprises having a strong-hold understanding on
upcoming new innovation. Implementing IoTs will not only
help in the growth, but also be a tough competitor by
increasing productivity rate. Hopefully, the saturation in the
IoT is far more likely to be inevitable.
|47| December 2018
The next generation tech disruptors
The next generation tech disruptors
The next generation tech disruptors

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The next generation tech disruptors

  • 1. Bringing Better Realities into the Business World Chalk-Talk Yes, Internet of Things is Reshaping the World December 2018 www.insightssuccess.com N Generation Disruptors The Revenue Tips Saas Can Create Business Developments with Different Revenue streams Ken Ehrhart Founder & CEO
  • 2.
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  • 4. e are living in an era of innovation where technology is creating several opportunities to Wdisrupt the established system. The evolving disruptive companies are delivering tremendous acceleration to associated businesses with the help of technology. With the confluence of many innovative and disruptive technologies, organizations are bringing about a tsunami of a change into various industry verticals. They are creating a new economic shift by transforming economic structures, status quos of the business world, consumer behavior, and employment. Disruption is a phenomenon that is adding enormous value in shaping the world of the next generation. By practicing meaningful disruption, businesses are setting benchmarks within the current environment and breaking the new grounds. They are stepping back and recreating the value to stay ahead of the disruption curve. Through disruptive technologies, businesses are unfolding the developing environment of the fourth industrial revolution. The pace at which organizations are evolving, the next era of technological miracles/marvels isn’t too far. The new businesses are stepping in the respective market segments with an intention of creating disruption and are thriving in a vibrant and innovative startup ecosystem. Editor’s Note Building the Next Generation
  • 5. In order to emphasize the innovative and disruptive trends of global technology, Insights Success has curated a list of “The Next Generation Tech Disruptors”, which are taking a leap to create the next generation business models. Our cover story features Paracosma Inc., a Virtual Reality company focused on content creation, technology innovation, systems integration. It creates its own content in the gaming, entertainment, tourism, enterprise and education/training spaces. It also has proprietary technology for producing, viewing, managing and distributing 360-degree photo and video content. Further, this edition also includes companies such as Automated Insights Inc., which enhances business intelligence dashboards and internal performance reports to targeted content on an unprecedented scale; DigiPlex , which designs, builds and operates sustainable data centers in the Nordic region; PrivacyCheq, whose innovations power the new wave of privacy transparency by dramatically erasing the technical burden of user interaction compliance, delivering users an optimal user privacy management experience, building “digital trust”; Vivial Inc., a groundbreaking marketing technology company that offers a full range of customer engagement tools to help businesses enhance the way they connect with customers; and ZOME Energy Networks Inc., the world’s first DERMS platform implementing blockchain technology. Also, featuring as company of the month is ComplianceQuest Inc., a highly flexible 100% cloud based EQMS built using the Salesforce platform. The company significantly improves an organization's culture, collaboration, competency, efficiency, performance and innovation through the digital transformation of quality and compliance delivered via the modern cloud. Also, make sure to scroll through the articles written by our editorial team and CXO standpoints of some of the leading industry experts to have a brief taste of the sector. Let’s start reading! Hitesh Dhamani
  • 6.
  • 7.
  • 8.
  • 9. sales@insightssuccess.com Corporate Ofces: December, 2018 Database Management Stella Andrew Technology Consultant David Stokes Circulation Managers Robert, Tanaji Research Analyst Patrick James Steve, Alan, Vishal Anish MillerManaging Editor Art & Design Director Amol Kamble Associate Designer Tejas Kulkarni Visualiser David King Senior Sales Manager Passi D. Business Development Executives Marketing Manager John Matthew Jenny FernandesAssistant Editors Sharad Chitalkar Art & Picture Editors BelinPaul Co-designer KhannaJayant Peter CollinsBusiness Development Manager Sales Executives David, Kevin, Mark, Sagar SME-SMO Executives Prashant Chevale, Uma Dhenge, Gemson, Prasad Online Marketing Strategists Alina Sege, Shubham, Vishal Digital Marketing Manager Marry D’Souza Technical Specialists Amar, Pratiksha Technical Head Jacob Smile Copyright © 2018 Insights Success, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success. Follow us on : www.facebook.com/insightssuccess/ www.twitter.com/insightssuccess We are also available on : Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Insights Success Media and Technology Pvt. Ltd. Off. No. 513 & 510, 5th Flr., Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Executive Editor Contributing Editors Abhishaj Sajeev Shubham Khampariya Editor-in-Chief Pooja M. Bansal Hitesh Dhamani Mayur Koli
  • 10. Working with enterprise companies, one quickly discovers the many areas in which their processes and procedures can literally be augmented with AR technology. ‘‘‘‘ Bringing Better Realities into the Business World Cover Story
  • 11. Ken Ehrhart Founder & CEO Paracosma Inc. N Generation Disruptors The
  • 12. The future of AR/VR is virtually limitless because the opportunities within these virtual worlds are as broad as the opportunities within the real world. ‘‘ ‘‘ here’s no denying that Ttechnology has evolved with huge advancements and is continuing to do the same. Simulating vision with a virtual experience has now become possible due to the evolving concepts of Augmented and Virtual Realities (AR/VR). Through these realities, businesses are simplifying the processes of various industries and taking them to a new level. In 2016, 88% of companies were using or planned to use AR/VR. But, 63% of them did not have in-house resources to develop AR/VR projects and 55% of them planned to outsource AR/VR development. With a mission of making better realities, an AR/VR based company, Paracosma Inc. stepped into the market to provide outsourced solutions, skills, and its own in-house products to both small and large customers.
  • 13. Headquartered in California, Paracosma Inc is a Delaware Corporation with its additional sales and technology office in Tokyo and its primary research and development center in Kathmandu, Nepal. Its services include content creation, application development, and project implementation across the broad range of AR & VR platforms. Additionally, the company creates its own content in the gaming, entertainment, tourism, enterprise and education/training spaces. It also has proprietary technology for producing, viewing, managing and distributing 360-degree photo and video content. Comprehensive Set of Offerings Paracosma has a broad range of offerings across AR and VR. It has developed an enterprise AR platform that is being used for machine maintenance and training for large global manufacturing and food processing companies along with product assembly and quality assurance for a leading electronics capital equipment manufacturer. The company has worked on AR to demonstrate advanced features and in- home viewing of products for an international durable goods manufacturer. It also produces video holograms, 3D objects, characters, animations and AR effects, for various clients including a leading home goods retailer, a consumer facing AR application, and a national telecommunications company. Paracosma has developed its own open-ended sandbox VR game, called Unnamed VR, launching for Christmas 2018. The setting is a large house in which all objects are interactive and each room offers opportunities for exploration and playing mini-games. These include an adventure room with trampolines, zip lines, climbing walls; shooting galleries; graffiti spray painting room; and many more. Each of these interactions also can serve as the basis for enterprise training and simulation scenarios. Paracosma has created VR demos of a smart city command center. The company provides photogrammetry reconstructions of major settings such as the Pashupatinath Temple in Kathmandu. It has also developed a VR copresence application that allows multi-user remote collaboration in shared environments for enterprise customers. Apart from these, it also offers a full range of 360-degree photo and video services including its own in-house production, filming and post- production services, and white-label online and app-based distribution platform for 360 photos and videos. The Bleeding Edge The ingenious mind behind the inception of Paracosma is its Founder and CEO, Ken Ehrhart. He has been in technology research for 22 years, a partner in Venture Capital for 18 years and has focused on international market expansion for over 8 years. Thus, he brings a wealth of experience in growing early stage companies on a global basis. Paracosma has been built from the start as an international company serving the two largest enterprise markets in the world, the US and Japan. With the strong belief in the inevitable ubiquity of AR and VR accessible virtually free through smartphones, but understanding the difficulty of timing breakthrough market expansion, the Founder’s goal has been to build a company with a long-term horizon and broad and deep technical capability, so that it would be positioned for ongoing success as the markets matured. A One-stop-shopping Platform According to Paracosma, the AR and VR sectors are proving to be remarkable for a vast array of startup companies. But, due to high capital requirements of traditional technology centers such as Silicon Valley and San Francisco, most AR/VR startups focus on a very narrow segment of the industry and have just a small number of engineers supporting that segment. Due to its low-cost, high-quality offshore development team, Paracosma has been building a larger team focused across more segments. Thus, it can offer clients a full range of services that would not typically be available from a single service provider. The company is a one-stop-shopping platform for AR/VR services at industry leading pricing. The AR/VR sectors are evolving very rapidly with new platforms and innovations coming very fast. This makes it challenging for small in-house teams to keep up with the advancements. With a rapidly expanding team, Paracosma can focus on all major AR and VR platforms instead of focusing on just one or two. It also has the potential to establish new R&D in multiple promising areas. With low-costs, this breadth of focus enables it to work with clients who have visions for what the technology will enable in the future and to build a long-term partnership that takes advantage of new capabilities as they evolve. Many competitors are forced to take a narrower, short-term view and miss the opportunity to grow in partnership with their clients as technology catches up to their visions. Currently, AR/VR are terribly hard to develop, to distribute and to access. Paracosma is focused on the future in which those barriers begin to fade and is seeking the solutions to simplify AR/VR. Providing an Affordable Access Point It has been fascinating to watch the early evolution of the AR/VR marketplace. According to Paracosma, a couple of years ago, most companies realized that they should care about AR/VR. But, they had little conception of what the technology could actually do and how difficult and expensive it
  • 14. could be to implement their vision. From those early days of generic inquiries, clients have matured to a much clearer understanding of the technology and the technology itself is evolving very quickly to catch up to some of those early visions. Providing a low-cost partnership for exploring AR and VR has enabled clients to easily test the technology and experiment and explore the potential for their businesses. Research has shown that once companies begin trying AR/VR, all of them intend to continue investing in the technologies, while those that have not tried it are far more skeptical. Paracosma provides an affordable access point to realize that value. Moving towards Sustainable Growth Considering the future of AR/VR, Paracosma believes that it is virtually limitless. But, the opportunities within these virtual worlds are as broad as the opportunities within the real world and that makes it very difficult to know the future. The aspects of consumers’ and business clients’ experiences that will be enhanced and augmented by the addition of virtual elements and the ones that remain a real-world focus, are difficult to pre-judge. So, AR/VR companies with a narrow focus may find it difficult to create and maintain a critical mass of business. A few will guess right and succeed and many will guess wrong, either the segment or the timing, and fail. But, companies with a broad range of skills that remain sustainable due to low costs will have the ability to service the market segments that evolve and thrive, without worrying about betting on the wrong horse. Paracosma is focused on its continued sustainable growth. In addition to its direct client base, the company is increasingly becoming a low-cost service provider for other AR/VR companies. It is expanding ongoing supplier relationships with its clients. One upcoming milestone will be the launch of its consumer VR game, Unnamed VR. Success for the product, will allow an expansion of Paracosma’s direct to end-user product offerings. Paracosma has also increased its footprint in Tokyo and anticipates growing revenues from Japan. A third focus will be the launch of VR copresence collaboration for enterprise clients, while focusing on the continued expansion of its enterprise AR platform. AR and VR adoption are inevitable. Whether their ubiquity comes in the long-term or short- term will depend on how quickly we make what is now difficult technology into something that is easy, affordable and accessible. ‘‘ ‘‘
  • 15.
  • 16. Address : Country :City : State : Zip : Global Subscription Date :Name : Telephone : Email : READ IT FIRST Never Miss an Issue Yes I would like to subscribe to Insights uccess Magazine., S SUBSCRIBE T O D A Y Che should be drawn in favor of:ck INSIGHTS SUCCESS MEDIA TECH LLC Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone (614)-602-1754,(302)-319-9947: Email: info@insightssuccess.com For Subscription: www.insightssuccess.com CORPORATE OFFICE
  • 17. Management BriefCompany Name Cypress Semiconductor Corporation cypress.com Hassane El-Khoury CEO Prashanth Rajendran CEO Digiplex digiplex.com Panasas panasas.com Paracosma Inc paracosma.com PrivacyCheq privacycheq.com Vivial Inc vivial.net Faye Pairman CEO Ken Ehrhart CEO Jim Continenza Chairman & CEO ZOME Energy Networks, Inc zomepower.com Dr. Alex Papalexopoulos CEO Gisle M. Eckhoff CEO Automated Insights, Inc. automatedinsights.com ComplianceQuest Inc. compliancequest.com Marc Zionts CEO Jonathan Cobb CEO Ayla Networks aylanetworks.com Ayla Networks is the world’s leading platform for product manufacturers, service providers, and enterprise companies to connect any device to any application and achieve digital transformation. ComplianceQuest Inc., a highly flexible 100% cloud based EQMS built using the Salesforce platform. The company significantly improves an organization’s culture, collaboration, competency, efficiency, performance and innovation through the digital transformation of quality and compliance delivered via the modern cloud. Cypress is the global supplier of choice for innovative companies in high-growth markets. DigiPlex , designs, builds and operates sustainable data centers in the Nordic region. ® ® Panasas ActiveStor Solutions support industry and research innovation around the world, with the fastest plug-and-play parallel data storage system, optimized to accelerate workflows, simplify data management, and deploy easily as an appliance. Paracosma Inc., a Virtual Reality company focused on content creation, technology innovation, systems integration. It creates its own content in the gaming, entertainment, tourism, enterprise and education/training spaces. It also has proprietary technology for producing, viewing, managing and distributing 360-degree photo and video content. PrivacyCheq's innovations power the new wave of privacy transparency by dramatically erasing the technical burden of user interaction compliance, delivering users an optimal user privacy management experience, building “digital trust” Vivial Inc., a groundbreaking marketing technology company that offers a full range of customer engagement tools to help businesses enhance the way they connect with customers ZOME Energy Networks Inc., the world’s first DERMS platform implementing blockchain technology. Automated Insights Inc., enhances business intelligence dashboards and internal performance reports to targeted content on an unprecedented scale. Roy Smith CEO N Generation Disruptors The
  • 18. In an interview with Insights Success, Prashanth Rajendran, the CEO of ComplianceQuest Inc. unveils his insights on building a highly scalable platform that exemplifies the organization’s motto of quality, compliance, collaboration, and communication, while creating an environment of trust. Below are the highlights of the interview: What are the cutting-edge products/solutions offered by ComplianceQuest ? ComplianceQuest provides a unified suite of applications in a single platform addressing quality management, manufacturing quality, supplier management, customer/field service quality and health & safety. Delivering best-in-class out-of-the-box solutions, we fast-track our efficiency, safety and overall performance by combining enterprise quality and compliance with modern collaboration, communication and social media across the product value chain. Suitable for emerging growth companies and scalable and flexible to meet the needs of medium and global enterprises, ComplianceQuest is easy to implement, validate and use. We support 12 core best practices driven solutions/processes out-of-the- box, integrated and ready to go. Unlike recently introduced cloud solutions, ComplianceQuest, not only has a comprehensive breadth and depth of integrated solutions today but we are also designed to scale to support the needs of small to global enterprises alike by redefining what a next generate EQMS platform and solution should be. Because we are natively built on Salesforce, it leverages the entire 100% modern cloud infrastructure and all the platform benefits including security, availability, reliability, and performance at scale. Salesforce focusing on the business applications platform allows us to drive more INNOVATION into our solutions. With this unique approach, companies can adopt our highly scalable platform to accommodate their immediate needs and as the requirements grow, provide companies the ability to grow with the application suite and the platform. We can integrate our solution suite with traditional enterprise software solutions including ERP, MES, CRM and HR systems expanding its performance strength of quality and compliance aspects across the entire supply chain. In addition, we have abilities through Salesforce for communication and collaboration through Chatter, social media like and follow, Community Cloud to include exchange of data/documents from a company’s external partners, support for mobility, Artificial Intelligence through Einstein Analytics, and already come with pre-validated solutions for Life Sciences customers. With the escalating number of technology based solution providers, ComplianceQuest Inc.: Streamlining Workflows through Modern Cloud Platform 16| December 2018| Company of the Month
  • 19. how is ComplianceQuest driving itself to create an impact on its customers? The industry is changing - To provide superior products and customer service, businesses are transforming the way they look at all quality and compliance facets of an operation. Manufacturing processes and supply chain management that were once easy to handle are now much more complex. What used to be controlled and contained within the manufacturing plant is now monitored, run and maintained globally. In response to specific challenges including the inefficiency of non- harmonized, often paper based processes, disparate repositories and tools, vast amounts of data, uncertainty in that data quality, unreliable material quality and delayed detection of issues and process bottlenecks, more companies are looking to consistently cover all stages in product’s quality journey. Given this situation, building an effective quality and compliance system that conforms to management standards like ISO 9001:2015 among others, is imperative for manufacturers from all industries that want to work efficiently and win over customers. This fundamental business need is compounded by the emergence of digitization across industrial segments. Digitization will clearly disrupt, collapse, and transform processes, procedures, and actions. What are the challenges faced while providing the unique tech powered solution and how is ComplianceQuest serving to tackle them? We hit the ground running as we began marketing and selling our solution into the manufacturing and life sciences industry. The initial challenge faced was the adoption of Modern Cloud technology especially those built on a cloud business platform like ComplianceQuest provides a unified suite of applications in a single platform addressing quality management, manufacturing quality, supplier management, customer/field service quality and health & safety. |17| December 2018 Prashanth Rajendran CEO ComplianceQuest Inc.
  • 20. Salesforce. However, the Salesforce approach for a 100% modern cloud infrastructure and all its business platform benefits (trusted security, reliability, scalability, integration ease to other natively built Salesforce applications) made it easy for us to focus solely on our own solution innovation to create a platform with the breadth and depth of functionality manufacturing companies need today. In addition, recent years have seen rapid advancement in connectivity, mobility, analytics, scalability and big data – what we call the fourth Industrial revolution or Industry 4.0. This digital transformation in manufacturing has put an increased focus for manufacturing and quality leaders on solutions like quality management at an enterprise-level to improve both revenue and bottom line efficiency. For companies like ours that made the initial decision to adopt modern cloud architecture platform such as Salesforce allows us to take advantage of the latest and future technology advancement such as Machine Learning, Artificial Intelligence, Smart Connectivity and Collaboration throughout the entire product value chain. Lastly as a growing company in a modern cloud world, gaining visibility and creating customer value is necessary to aid in the company growth. By leveraging the Salesforce ecosystem, we have built relationships with other critical application vendors, such as ERP, and channel partners to create a global network delivering comprehensive capabilities and a differentiated value in the market. Where does ComplianceQuest see itself in the long run and what are its future goals? ComplianceQuest’s journey is steadfast in its belief of Salesforce platform and ecosystem as a strong foundation for continuing to develop and deliver future innovative solutions and seeing rapid growth globally. Salesforce itself is also becoming a more standard platform within many companies and hence IT is looking at other Salesforce apps available to extend the value of their investment and reduce overall IT footprint. This modern cloud experience means a reduction in management of modular licenses and versions and simplifies IT issues surrounding software management. Using the cloud, customers will always have the most updated version of the software platform. In addition, since the business application platform is continuously innovated and managed by Salesforce, it allows us to drive more innovation into our own solutions. Because of the ease of development, we can quickly create fully working prototypes, new features or customer specific capabilities to address new market or customer requirements and turn them into final production solutions. With continued passion and dedication on this journey, we are well on our way 18| December 2018|
  • 21. to become a market and competitive disruption. Testimonials from ComplianceQuest’s Clienteles: “Our experience with implementing Compliance Quest @ Flipkart has been nothing short of a wonder. As the company project lead, I have had the privilege and hands on experience in Designing the System Architecture, Configure and Deploy it across the organization and the entire experience has been nothing short of GREAT… While wearing the hat of System Admin, the most significant feature that I have experienced is the platform’s capability to design, configure/customize and deploy any workflow / module from the front end itself i.e. NO CODING REQUIRED at all. The tool is so simple to use that we hardly reached out to CQ Support for any subsequent customizations and all Enhancements / Add-On’s were implemented In-House and enabled us to de-skill the System Admin role and assign it to people with good command on spreadsheet applications like MS Excel. A true asset for the organization! 3 Cheers for team Compliance Quest.” - Satish Venkataraman, Manager Quality, Flipkart ComplianceQuest is a highly flexible 100% cloud based EQMS built using the Salesforce platform. It streamlines quality, compliance, content and collaboration management workflows across its customers' company and globally-based supply chain networks, using the world's most proven enterprise cloud platform from Salesforce. Prashanth Rajendran is the CEO of ComplianceQuest. Clients appreciate his flair for knowing and understanding customers' pain, his knack to communicate a solution, and the depth of his “real world” executive and industry experience. As CEO, Prashanth directly oversees ComplianceQuest's sales, marketing, partnerships, finance, IT, legal and overall company strategy and direction. He comes to the company with more than twenty-five years' experience in manufacturing, engineering and quality. Prashanth has repeatedly produced sustained revenue and EBITDA growth in dynamic and changing markets. He has extensive experience with process automation, which requires a deep understanding of critical business drivers in multiple industries. About the Company: About the Leader: |19| December 2018
  • 22. Communicating Actionable Data Insights Automated Insights: Today, technological innovation is at the core of all kinds of businesses around the world and impacts our society greatly. We are currently in one of the most positively disruptive periods of tech evolution. A major shift in business thinking has placed artificial intelligence at the very heart of business strategies. Automated Insights is a natural language generation (NLG) company, a subset of artificial intelligence, which provides a real-time automated written analytics solution. Transforming Data into Crystal- clear Narratives Headquartered in Durham, N.C., Automated Insights is the creator of the world’s first self-service natural language generation platform, Wordsmith. In 2015, the company was acquired by Vista Equity Partners, a $30B+ private equity firm, making it the first NLG company acquired within the industry. Considering the escalating number of technology-based solution providers, Automated Insights is creating more of an impact on its customers by going beyond the market standard of describing data, and taking it a step further by driving better data understanding and action around analytic insights. With the mission to make the world’s data understandable, Automated Insights is empowering organizations across over 50 industries to transform their data into clear, human-sounding narratives using their powerful NLG platform, Wordsmith. Wordsmith, a Disruptive NLG Platform Natural language generation is an emerging field of artificial intelligence focused on taking data, deriving what’s important, and communicating those insights using natural language. Wordsmith turns structured data into written analytics to drive faster and better decision- making. It adds a contextual layer for every viewer of a dashboard by providing descriptive, diagnostic, and tailored prescriptive analytics based on who the viewer is, their level of data expertise, and what they need to know. Wordsmith clearly describes key data points and tells a powerful story across all data visualizations and dashboards. It reveals underlying trends and describes why they’re happening, teaches users about how to understand data on their own, and delivers advice on what the data means with specific actions to take. Wordsmith solves data literacy issues by authoring personalized, prescriptive written analysis that is indistinguishable from reports written by a human analyst with deep understanding of the subject. ‘‘ ‘‘ Whether you're a busy executive,non-data expert employee,customer,or vendor,Wordsmith gives you personally relevant insight and KPI's in the easiest medium to understand—the written word. 20| December 2018|
  • 23. “When we look at the analytics, we see a huge spike in engagement after we run the [Wordsmith] narratives. We can say with confidence that narratives are very valuable to our end users and that they really appreciate the information. The numbers don’t lie.” - Chris Gutierrez, Director of Product Innovation, GreatCall “Wordsmith is shifting behaviors and conversations from ‘I think’ to ‘I know.’ Instead of asking ’What is happening,’ we’ve evolved to “What are we going to do about it? The speed of Wordsmith is phenomenal, and the information is always right.” – Sasha Teska, Business Intelligence Manager, Arterra Wines Canada a lack of knowledge around NLG due to the fact that NLG is an emerging field of artificial intelligence. A major part of Automated Insights’ job is to educate the market on what NLG is and why it is essential in their business intelligence strategy, in addition to tackling common misconceptions. As a company, it is constantly evolving, progressing, and learning to find answers to the driving questions of who, what, why, and how. Automated Insights is always discovering new information on where it fits best into the market and how it can improve its services. Automated Insights sees itself as an enduring lead provider of NLG whose goal is to make NLG essential in business intelligence and analytics through growing product development, fostering existing partnerships, and establishing new and enduring partnerships. Whether generating concise summaries of internal and operational business data, personalizing and publishing content at scale or the company’s key insights around competitive sales analysis, there are countless opportunities in which written analysis aids in understanding and decision-making across an enterprise that Automated Insights is tapping into. Reflections of Excellence The most essential factor behind Automated Insights’ comprehensive excellence is its ability to automatically communicate actionable data insights clearly and empower an entire organization to make actionable, data-driven decisions instantly. An Exemplary Leader As the CEO of the leading NLG company, Marc Zionts, is responsible for the strategic direction and execution of the company to accomplish short-term goals while constantly working towards long- term objectives necessary for driving the team to new heights. Zionts is a technology executive and entrepreneur whose passion is working with emerging technology, introducing it to the market, and maximizing businesses commercially to drive value and encourage innovation. With the fundamental goal to uplift Automated Insights and help team members thrive in their roles, his leadership is an essential component to unlock exponential growth and deeper innovation for the company. Current Challenges and Future Roadmap Automated Insights is a leader at the forefront of NLG technology, and seeing as it’s a new industry, there’s little historical market insight to use as a foundation for research and development. One of the biggest challenges of the industry is facing is N Generation Disruptors The Marc Zionts CEO |21| December 2018
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  • 26. CanCreate Business Developments with Different Revenue Streams S aaS or ‘Software as a Service’ is being used rigorously in current business ventures as it provides more accuracy and vision to any business project. Interestingly, with this solution, the importance of installing the hardware devices to run the data and different applications has lost its importance. It is a very selective section of cloud computing, through which the future business data collection process can be simpler than ever. SaaS is a very profitable genre in the field of futuristic business ventures, and thus a question may arise about the SaaS business, and that is what could be the revenue stream for such business enterprise, or in general words, the earning process for the SaaS business! Unfortunately some people believe that there are no such good ways of earning revenue for Saas business and if there are some sources, those are very minor in their conducts. Interestingly, the reality and the current situation are otherwise, and there are a number of ways in which the SaaS business can earn its revenue. ‘Payment’ to get the software is not the only mode of earning, and the enterpriser of this business can earn great revenue with multiple options, without stressing out on particular section of the business venture. Here are some of the solutions: Set-up Cost and Upsell A Set-up cost is one of the common ways to earn the revenue and it gives clarity to the providers about the authenticity of the users and determines the commitment too, thus it is a great way to explore the minds of the customers and the possible future relationship with the users. On the other hand the set up earning can actually lead to the upsell market for the SaaS providers. It is one of the easiest ways to enhance the revenue through the existing customers, and it is a great business opportunity, as this way of earning lessens the dependency of the brand on the pressure of adding up new customers. To maintain the continuity with the existing customers certain facilities like offering additional storage, speed, data, bandwidth or the frequency are enlisted as 'services'. Though, this process of earning is largely dependent on the benefit of the product or the service, along with the need or requirement of the client. Affiliate Marketing It is another great way to boost the earning for the SaaS business as, through this process, it becomes a two-way system to get business, where the users advertise or sell the product. As the process is SAAS 24| Revenue Tips December 2018|
  • 27. dependent on the users, it is not dependent on any other external way from the business providers' side. The SaaS providers are only responsible to pay the commission after getting the revenue. So it is definitely a win-win situation for the SaaS providers. Customer Service and Information Charges Saas providers are on the verge of adding a new structure for great revenue, which are customer service and information charges. As with this system, the business providers offer to sale some of the researched information to the clients. It is not very difficult for the clients to value them by paying the money as they are getting a great help, and interestingly it can work for the clients to cling to the services which can create the path for more business. Basically, a great customer service is the key to earn good money and with the satisfaction of the customers; the process can be on the loop for a great revenue system. Advertisement Advertisements are the most common sector of earning money, and it is the best way of earning through the free version users, but not very apt for the paid customers. As the paid customers already pay a certain amount, adding advertisements can create a negative impact on them. So even if the ads are there, they must be in a way that looks less annoying for the users. API Model This is rather a complicated but effective method of earning lucrative revenue. If the SaaS can coordinate or work with other software applications, the importance of it can rise to a whole new level. This work model can do magic for some of the users and it can have a great value or earning in the future. But this great system comes with certain risks, and the reason is, the amount of money invested to create and run it. But if the developers can be assured of its service and the demand of the customers, it can turn out to be a great money- making option. Reselling When some of the SaaS is so apt that the potential customers want to avail it for their business purpose, the tie-up with the providers or the reselling of the product can be beneficial form the point of view of the revenue. This process is known as the White Label Licensing. At the end of this discussion, the conclusion is, a better service can open up new trails for Revenue Streams for SaaS Business. SaaS is not a new concept, but the vast implication is definitely new. So there are a number of scopes yet to be explored by the developers of this new business. Thus, the future and the success of SaaS business is dependent on exploring various ways for SaaS revenue, and with more innovative ideas for the revenue, the market of SaaS business will be more strengthened to touch the zenith. |25| December 2018
  • 28. Redefining Sustainable Data Centres DigiPlex: Founded in 2001, DigiPlex is the Nordic leader for innovative, secure and sustainable data centers. The company has worked tirelessly to develop its reputation as world’s most innovative and strategic data centre provider, as well as the most attractive provider in the whole of the Nordic region. Today it is the only pan-Nordic provider offering both hyperscale, wholesale and retail colocation at state-of-the-art facilities in Oslo, Norway; a campus facility in Stockholm, Sweden and an in-town centre in Copenhagen, Denmark. DigiPlex data centres have been uniquely designed to pass on the maximum benefit from low regional temperatures, using advanced and inventive cooling techniques to compound efficiency. DigiPlex is a rarity in the global data centre market, as the dominant Nordic large-scale operator that runs on 100% renewable energy, all of which is fully compliant with the International Organisation for Standardisation (ISO) recognised standards for quality, security, safety and environmental management. As businesses, governments and individuals around the world are becoming more aware of the major looming environmental threats presented by expanding data needs, DigiPlex has already established itself with a solid team of industry experts, deep market knowledge, and an advanced proposition that enables environmentally responsible, and cost- effective growth. Efficient and Eco-friendly DigiPlex helps customers build a data centre solution that evolves with their needs, while reducing their carbon footprint and environmental impact. Continual investment in R&D has ensured its new data centres are among the most efficient and environmentally responsible in the world, with power- usage-effectiveness (PUE) levels as low as 1.1-1.2, far below global average of 1.7-1.8. DigiPlex has won numerous awards for its creativity and engineering excellence in seeking maximum efficiency, for example through its Air- to-Air cooling system, designed perfectly for the cool, moist atmospheric conditions of the Nordics, TM or the Concert Control algorithm developed to optimise the performance of cooling against the power drawn by servers. An Industry Veteran Gisle M. Eckhoff is the CEO of DigiPlex. He has thirty years of experience in the IT industry (both in the Nordics and the US). Gisle has provided a renewed strategic edge as the business expanded to international customers. Since his appointment, DigiPlex has grown its customer base substantially, winning multiple industry awards, entering new markets, and positioning itself for further growth within the hyperscale, wholesale and retail client sector. Optimizing Customer Experience DigiPlex is constantly developing and expanding its proposition to better meet the needs of its customers. Its Ulven data centre is host to the first Norwegian deployment of Amazon Web Services (AWS) Direct Connect, an offering that allowed the company ‘‘‘‘ DigiPlex is proud to be the first to cost-effectively adapt an already operational evaporative air-to-air cooled data centre to reclaim waste heat. 26| December 2018|
  • 29. experience for end users across the globe, whilst using data centres that are in the best locations for delivering greener facilities. The topology, speed and bandwidth of the Telia Carrier IP Backbone means that DigiPlex can confidently provide scalable internet connectivity services to customers, as well as take advantage of other IP transport and wavelength services in the future.” Henrik Almroth, Sales Director, Telia Carrier Oslo, where excess heat from Oslo data centre Ulven will be used to warm 5,000 homes though the local Fortum Oslo Varme district heating system. Clientele Assessment “As a fast-growing, cloud- based IT platform service provider, it is essential for us to have the right data centre partner. Our partnership with DigiPlex ensures that we deliver a green, ISO certified and energy efficient cloud solution to our customers.” – Andreas Hisdal, CEO of Intility “DigiPlex and IT-Total fit together like two pieces of a puzzle. DigiPlex is enabling us to continue rapid growth, amplifying our offer through a secure, green and tailored service.”- Fredrik Franzén, Global Business Development Manager, IT-Total. “As we developed our compliant clouds, in which companies in the financial sector have been very interested, we needed a data center provider that could meet the high standards of accessibility, security and regulatory compliance demanded by our business and customers. This was in addition to increasing requests from customers for sustainable IT services. With its clear focus on providing climate friendly and energy efficient data center services combined with their high security and regulatory compliance, DigiPlex was chosen to be an important partner for our continued expansion,” – Johan Christenson, CEO and founder, City Network. “DigiPlex has been able to give its customers the best of both worlds: high speed connectivity giving a great to provide their customers and their customers’ customers with easy, direct access to the cloud through AWS Direct Connect. This presented a significant upgrade to the service available to users in Norway, and bolstered DigiPlex’s position as the region’s most connected data centre operator. Tapping New Markets DigiPlex was founded with the firm belief that the Nordics is the ultimate data centre destination for companies and organisations which recognize sustainability and energy efficiency, as business-critical issues. Having become the best known data centre brand in both Sweden and the Nordics, the company will continue to expand its proposition to new markets, partnering with clients ranging from local and national businesses, to governments and the world’s largest and most technically demanding hyperscale brands – all of whom are poised to reap major rewards from DigiPlex’s best-in-class, energy efficient and green data centre solutions. Earlier this year, DigiPlex announced several ambitious and pioneering heat reuse agreements in both Sweden and Norway allowing for recovery of excess heat from its data centres to warm neighbouring homes. These efforts will present a global first where the operational Stockholm data centre with an indirect evaporative air- to-air cooling solution will be retrofitted to recover excess heat for the local district heating system Stockholm Exergi, heating up 10,000 homes. In August, the company extended this with a new initiative in N Generation Disruptors The Gisle M. Eckhoff CEO |27| December 2018
  • 30. David Cahn is Global VP of Marketing for Elemica, the leading provider of a Digital Supply Network for process manufacturers. ABOUT THE AUTHOR David Cahn Global VP of Marketing Elemica 28| December 2018|
  • 31. Technological innovation is happening at a faster rate than ever before, causing digital disruptions for many businesses. A digital disruption is a transformation that is caused by emerging digital technologies and business models. These innovative new technologies and models can impact the value of existing products and services offered in the industry, actually disrupting the current market and causing businesses to re- evaluate their competitive advantage. Ignoring digital disruptions can impact businesses. Remember Polaroid? The company led the market with its cameras that created instant pictures. Yet in 2001, the Polaroid Corporation filed for federal bankruptcy protection because the company failed to make the smooth transition from analog to digital cameras. The corporation decided to bet on their past innovations and, as a result, lost to companies who jumped on the digital bandwagon. By keeping abreast of changes in demand, businesses can follow the trends and adjust their strategies to embrace these changes, which will help them to thrive and grow profits. Today’s digital disruptors are companies like Amazon and Uber, who use technologies to out maneuver the competition and build growth. Disruptors can be startup companies or long-established businesses. A wait-and-see attitude will not give a business sufficient time to make a comeback when the disruptor begins to dominate the industry. Companies must continuously reinvent their business using digital disruptive technology or watch from the sidelines while they lose market share. Yet, many businesses still struggle with acceptance, and others don't know where to start the journey. Accepting Digital Disruption Digital disruption is fueled by next generation technology, such as artificial intelligence, data analytics, the Internet of Things and software-enabled platforms that tie all these technologies together. C-level executives understand that any industry can be profoundly affected by digital disruption and no one can afford to ignore the threat. In other words, digital disruption rewrites the rules of business. Digital disruption begins with acceptance of digital transformation using digital technologies within operations and ecosystems. Today’s technology allows all business stakeholders to share a single network, connecting and collaborating on supply chain operations from one end of the enterprise to the other. Each trading partner has access to information generated through the network in order to gain visibility to all aspects of production, procurement, transportation and distribution. With the proper information, executives can make qualified decisions that drive improvements in the business. Accepting digital disruptions within the enterprise means the business is no longer worried by the disruption and CHALLENGESCHALLENGES & RISKS IN ADOPTING DIGITAL DISRUPTIONDIGITAL DISRUPTION |29| December 2018
  • 32. instead leverages strategic planning and technologies to drive the business. Disruption is accepted into the culture of the organization so innovation is a day-to-day experience. Instead of concern, the business will be better able to sense and respond to changes in demand and disruptions to mitigate any risk. Often a business has to decide whether to respond to the digital disruption or not. While it is not conducive to ignore the disruption, businesses may not always have to respond. Instead, the business can complement the disruption by adding value to it. An example would be to create technologies that augment the disruption, such as software (added value) for an iPhone (disruptor). Beginning a Digital Transformation Journey To start the journey, management needs to design a strategy for digital transformation that involves people, processes and partners. The strategy should be broken down into process steps that contain material, information and people flow. Each employee knows that the product moves from process A to process B in a specific quantity, at a specific time, to a specific location. Because of digital technologies, people have visibility into what is happening with each step, giving them the ability to uncover bottlenecks that can cause delays or poor product quality. Today’s technology allows all stakeholders to share a single network, connecting and collaborating on supply chain activities from one end of the enterprise to the other. Each trading partner has access to information generated through the network in order to gain visibility to all aspects of production, procurement, transportation and distribution. With the proper information, executives can make qualified decisions that drive improvements in the business. Digital Supply Networks (DSN) are part of a digital transformation journey, providing a technology foundation for improving inter-business processes, expanding supply chain relationships, increasing revenues and reducing operating costs. DSNs create greater opportunities by integrating suppliers, customers, and logistics service providers in various ways depending on the level of inter- business processes that are performing. One method is to connect via ERP-to-ERP integrations with high-volume suppliers and customers to streamline and automate sell-side and buy-side transactions. A second technique is through some type of portal for order capture and invoicing for inter-business automation. Finally, some leading DSNs provide email as a simple onboarding method to digitize an inter-business process without requiring supply chain partners to have any integration software. Benefits of Digital Disruptions Digital transformation helps customers know where their “stuff” is at all times, similar to the conveniences derived from mobile apps, where a taxi is ordered and the route visualized on the phone screen. Emerging next-gen end-to- end visibility applications in concert with a network of interconnected buyers, suppliers and logistics providers are enabling companies to lower working capital and operating expenses, mitigate risk and improve customer satisfaction by breaking down silos within the organization. With digital transformation, the supply chain is now a completely integrated ecosystem accessible by all stakeholders. With end-to-end visibility as the key driver for an effective supply chain improvement strategy, businesses must rely on building more collaborative relationships across their network of trading partners. Gaining end-to-end visibility across transportation processes can deliver 6% or more in transportation savings, remove the equivalent of 15 people from operating costs by improving productivity, and reduce the Cash-to-Cash cycle by 4 days or more. Digital systems gather data, which can be used for predictive analytics and machine learning to continually improve the organization. More informed decisions can be made by management. Disruptions from digital technologies can reshape markets and help with launching new products or services for less cost. With a digital transformation in the supply chain, silos dissolve and every part of the ecosystem has full visibility to what is happening from end-to-end. Supply and demand signals can travel through the network uninhibited, alerting the appropriate parties to low levels of raw materials or inventory, or seasonal spikes in demand. Because trading partners get this information in real time through the digital supply network, they can react accordingly. Digital disruptions from digital transformations will results into huge gains in customer satisfaction, profits and efficiencies. 30| December 2018|
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  • 38. The Universality of IoT Technology The Universality of IoT Technology “ The gratifying tool for companies to lead ahead - IoT Technology” The Internet of things (IoT) is a revolutionary change for many sectors like manufacturing, agriculture, retail, electronic, energy and healthcare which are progressing towards the IoT phenomenon to connect digitally. It has placed an opportunity to build unusual results which increases a company’s compatibility. Enterprises seeking development are focusing on the use of real-time data management and IoT analysis. Many of the companies are adopting this technology to heighten their power of consumption. Companies are mainly concentrating on IoT application from “sensing” instead of “doing” to grow its competitive advantages. This element empowers organizations by allowing them to take the IoT advantage and adopt a more ‘innovative connected approach’. Infrastructure Management – Optimization of Technology New applications are now enhancing their level of consumption. Likewise, manufacturing sector is also 36| Editor’s Choice December 2018|
  • 39. which land is fertile or which one is dry and predict future fields. IoT Technology Helps to Optimize Energy Consumption Integrated Sensing and Control system helps to optimize energy consumption. IoT devices are integrated with energy consumption systems in order to maintain balance between power generation and energy usage. IoT devices offer the opportunity to remotely gather information. It enables advance functions like remote controlling and changing light conditions. IoT Technology work for home-based energy system which provide power related information, energy consumption and energy usage at homes. IoT devices set goals to improve efficiency, reliability and sustainability of the energy system. Monitoring Environment through IoT Technology Environment monitoring application has been involved with sensors to assist information about environment changes by identifying water quantity, atmosphere, air pressure etc. It also has focus on monitoring movements of wildlife and their habitats. Devices connected to the internet also provide statistics about earthquake or tsunami - early warning systems, and also used as an emergency system. IoT device application is used to collect geographic information and majorly instructive information. This device also uses standardized approach to bring wireless sensing technique and gather finest information. IoT Technology Helps to Sustain Building and Home Automation With certainty, IoT devices are used to monitor and control the mechanical, electrical and electronic systems. IoT devices are used in various types of home automation and building automation systems. Control and sensory applications offer unified information. The integration of the internet with building creates an energy management system which will allow prominent energy efficiency. There have been many ways for IoT technology to expand compatibility in the digital world, and it will be implemented in each sector to work as an important tool, to enhance its affinity. After all, the IoT network makes technology more unified and satisfying, with its tools and applications and IoT will be a step ahead towards numerous opportunities. getting engrossed and achieving excellence through IoT Techniques. Applications are liable for monitoring and controlling operations for urban and rural manufactures like bridges, farms, and railway tracks. It is the key features of the applications were IoT infrastructure is also used for monitoring the construction safety and risk management system and operations. This major feature represents the mechanism of IoT application which works under infrastructure management. Benefits of IoT Technology are cost reducing, time reducing, better in quality, and increase productivity. It helps to make fast decisions and save money with real-time analysis. IoT devices help to give prominent results by monitoring and controlling operations used in all infrastructure related area. Manufacturing Techniques are Growing with IoT Technology In the manufacturing sector, networking and controlling have been used with IoT devices. It provides information about data and operation stability. Network status and the information is collected in the system by tracking IoT device. Manufacturing control process deliver information about industry application and smart manufacturing details receiving form IoT device. IoT intelligent system enables sharing information about product demands, service management, supply chain networks, sensors and control systems together. Small industries can also be integrated with IoT technology that enables real-time optimization, measurements, production compatibility and safety management. However, intelligent systems are determined as the significant technique that implies user experience and system security which ultimately saves costs. IoT Technology brings Innovative Farming Methods The Agriculture sector is one of the industry to implement IoT technology for stability and better performance. IoT technology has become a significant method of farming. It also offers durability and functionality to the whole process. The combination of wireless sensors with agricultural apps and cloud platforms benefits in gathering definite information relating to environmental conditions like, rainfall, temperature, humidity, wind speed etc. Farmers are getting competent results out of it, and are able to find real-time information easily. Linked with farmland, it improves and automates farming techniques like weather information, taking decision on quality and quantity, and minimizes risk and waste. With IoT Tech farmers can find out detailed information of farm and similarly know |37| December 2018
  • 40. A True Differentiator in the Marketing Technology IndustryVivial: Today more than ever, businesses need marketing solutions to differentiate them from the competition and pave the way to future success. But many business owners lack the time and funds necessary to keep up with the latest marketing trends. Businesses need to look no further than Vivial, a pioneer in the marketing technology (martech) industry. Founded in 1910, Vivial has remained on the forefront of the industry, continually evolving its service offerings to meet the ever-changing needs of businesses. Vivial’s mission is to convert the complex world of digital and mobile marketing into simple, yet powerful solutions for the businesses it serves. It provides a full range of marketing solutions which includes content marketing, social media management, text messaging services, mobile- friendly websites and the latest local search products to ensure high rankings on Google and other search engines. Vivial is dedicated to facilitating connections - connecting companies to customers and people to products. It also recognizes that digital marketing is not a one-size-fits-all experience, since each company is unique, and its marketing needs may vary across geographies and industries. As a result, Vivial matches its products and services accordingly to meet its client’s specific needs and budget. At present, Vivial works with thousands of local, national and enterprise clients across 6,000 industries. The company employs over 1,000 marketing experts across 20 major U.S. cities, from Dayton to Honolulu, Los Angeles to New York City. Additionally, Vivial has its mobile technology footprint in countries like United Kingdom, Netherlands and Greece. A Trailblazer An innovator in the marketing technology industry, Jim Continenza is the Chairman and CEO of Vivial. Responsible for the strategic vision of the company, Jim is advancing the martech industry by offering a straightforward suite of integrated online, social and mobile solutions to connect brands of all sizes with customers. He continually strives to innovate by developing and acquiring new technologies that provide companies with a seamless experience. This helps them reach customers quickly and easily, and increase ROI with actionable consumer insights. Jim is focused on bringing the latest technology to help businesses connect with target audiences. To do so, Jim is always on top of the latest trends and conducts research to understand the ways consumer behaviors are changing and how this impacts businesses that are trying to capture their attention. As a result, he develops and implements industry-leading product offerings for companies to adopt to remain relevant in today’s "now" society. As a thought-leader, he is constantly offering tips and strategies to help businesses to achieve their marketing goals. Currently, Jim serves as Chairman of the Board for Eastman Kodak, Merrill Corporation, Sorenson Communications, Neff Rental and Tembec Corp. He also serves on the Board of Directors for Broadview Networks and Nextel International. “Whether it's an easy-to-use and affordable local marketing technology or a custom marketing campaign that Vivial builds from the ground up, implements and monitors on the client's behalf,Vivial makes the complex simple.” — Jim Continenza 38| December 2018|
  • 41. “Vivial does a great job as our SEO provider and has taken our rankings from page 17+ to page 1 and 2! They have monthly calls to show you exactly what they’re working on and openly invite you to make changes or suggestions for new keywords, etc. Terrific company to work with!” - Kimberly Dermit, Allied High Tech “Vivial is a great marketing resource for small businesses in the digital age. First and foremost, it is affordable. The reps are knowledgeable, open and friendly, and always available. Your best bet when a full-time digital marketing department is not in your budget.” - Jim Montague, Lakeview Garden Center and Landscaping performing social media strategy, utilizing Facebook, Instagram, Twitter, LinkedIn and other social platforms. It’s like having a full- fledged marketing department on staff prepared to respond and adjust based on business needs. Strives to be the Best Vivial aims to remain at the forefront of the marketing technology industry and will continue to lead the industry by staying on top of shifts in technology, advertising, marketing and customer behavior. Further, by understanding these shifts, Vivial will support businesses to reach customers quickly and easily, in the exact manner they choose. Vival’s goal is to continuously identify new opportunities to add to the company’s portfolio along with enhancing the ways it helps businesses engage with their customers on a personal level. It is also identifying ways to expand its presence both domestically and internationally by building or strategically acquiring platform and technologies required to stay on the leading edge of marketing technology. Words of Trust Full-fledged Marketing Solutions Vivial is the only marketing provider in the industry to offer a robust and proprietary online, mobile and social media platform designed to connect local businesses with their target audience. It provides a suite of solutions to help SMBs attract, engage and retain customers in a highly mobilized, uber-competitive online marketplace. The company’s marketing platform allows businesses to engage with customers through text messaging, advertise on Facebook and Instagram, request and monitor online reviews, track Google rankings and monitor online business listings all in one place. Vivial’s suite of solutions also includes responsive website development, local search optimization, online advertising and local print directories. Earlier this year, Vivial launched the Mobile Optimizer, a new text messaging service for local business. This connects businesses with new and existing customers throughout the entire buyer journey. With this service, businesses no longer need multiple provides to manage their omni-channel marketing strategy. In addition to the comprehensive solutions offered, on-demand support is included in every Vivial solution to ensure the highest customer satisfaction. This on-demand support team consists of an Account Coordinator to oversee the entire program, from monthly performance monitoring to project management. In addition, the business has access to an entire team of content writers and editors to craft and distribute custom content on behalf of their business. And finally, businesses can also partner with a social media strategist to plan, develop and execute a high N Generation Disruptors The Jim Continenza Chairman and CEO | December 2018 |39
  • 43. Transforming Data based Solutions Ondrej Tomas is the CEO of CleverAnalytics.com CleverAnalytics is Location Intelligence and Analysis platform driven by the business cases of CEOs, COOs, Network, Sales and Marketing executives. It excels in processing really large data sets and combining internal and external data into one data model. | December 2018 |41
  • 44. or quite a few years now Data is a new business Fmantra. Data is strategic asset, data is a key to unlock real business potential. Everything seems to dance around the data fire. So why would there be any need for more data, more data analytics, more tools? Obviously the challenging part is turning the data into information and turning the information into valuable insights. I personally went through many iterations of this value chain. I was on the vendor side providing data warehouse technology and business intelligence tools as well as being on the customer side, trying to find the right tools, getting the IT environment together with the business one, fighting for the data to give answers. It is not easy! Especially when you have a very precise idea what you want and what the outcome should look like. All that leads to some frustration and complexity issues. However, the world of technology changes fast and a lot of frustrating tasks from the past are nowadays so easy to resolve. Why is that? I am observing a few key trends and elements for this development. First and foremost, it is cloud computing adoption, secondly, it is machine learning and artificial intelligence principles and thirdly it is new large data sources that bring the “material” that can be and should be analyzed. Cloud computing is the biggest democratization principle found in last decades. Cloud computing scaled down and brought up super advanced analytics to anyone, anywhere, anytime. Just a few years back only the biggest and wealthiest companies could afford to run large data centers with huge racks and server farms running all that expensive software tools from prime vendors. Today you can rent that technology for just a few moments to run your job at a fraction of a price and with the possibility to pay with your credit card. Not only can you rent infrastructure you can also rent software and you can choose from tens and hundreds of tools. When you don’t like the tool, you just stop the subscription and move to some more convenient tool. This is a true revolution. You own all the possibilities of this modern world with a single credit card in your pocket! What a massive impact this has. For example, any company in the world can decide NOT to have any IT! I mean servers, hardware, IT people... You can just run on cloud services. Without any back-office and in fact, you do not even need a physical office or company cars! Machine learning is closely connected with cloud computing. Without cloud there would not be machine learning in the form we know it today. Machine learning works only when you have enough data for the machine to feed. And that exactly is the role of cloud. That applies also to ML software capabilities. Few years ago there was just nothing except for some super expensive and proprietary tools. Nowadays you do a few clicks on AWS (amazon web services) and you run your first ML query! Needless to say what amazing possibilities this brings to data turning into information. For our own technology (location intelligence platform) this meant an interesting breakthrough. All of a sudden we could provide our normal users with a simple analysis after initial data load that showed basic behavioral patterns. Just on one click. Amazing! Using computing power and know how of people that we would not be able to buy in a lifetime… But machine learning brings more. It learns every minute, every day some more, it learns more with more data. Thanks to this we all got used to using Siri on our phones or Alexa in our “smart” homes. All that being more capable every day due to machine learning. What a life changing technology! My third topic was new large data sets as a raw material to be analyzed. And there are so many! We have a rising star - internet of things (IoT) together with Blockchain, internet browsers related data, smartphones generated data, etc.. And sometimes you do not even need a new source of data. Sometimes you just find a new use for the data already existing. Such as for us utilizing the location based data. There is a location element in more than 80% of all business related data today. Almost everything can be localized. Your phone calls, your card payments, your car parking, your web browsing… All this represents large data sets that wait for exploring. The fun part is that this is only a start of a new trend. There will simply be more and more data - i.e. more possibilities for turning them into a valuable insights. Yet only 0,5% of all data is now being analyzed. 95,5% of all data are not being touched! It is like our knowledge of oceans. Yes, we know a lot and we are learning fast, yet we only know so little :-) So, exciting times are ahead thanks to all this amazing technology. And where politicians fail in their attempts to pursue democracy, it is technology that brings democracy into our lives as the most natural thing. 42| December 2018|
  • 45.
  • 46. It is certain that the energy management system represents a key element in the energy sector with an aim of reduced energy use and costs. An exceptional company with offices in Cambridge, MA and San Francisco, CA, ZOME Energy Networks is now taking dramatic steps in its bid for industry disruption and is why we have named ZOME one of our Top 10 Next Generation Disruptors. TM ZOME is the world’s first DERMS platform implementing blockchain technology. It has also created the most advanced, microservices-based cloud- architected software system performing energy management and optimization in the energy sector today. DERMS, or Distributed Energy Resource Management Systems, are products that control energy consuming devices, like HVACs (Heating, Ventilation, Air Conditioning) and hot water heaters, as well as renewable and technology products like rooftop solar panels and Electric Vehicle (EV) chargers. DERMS rely on the variables in their immediate locations to determine and control energy distribution in the surrounding areas. ZOME has gone a step further than most by integrating with consumer-level IoT devices, balancing between the resources that produce energy (i.e. solar panels) and those that consume energy (i.e. HVACs), and optimizing the devices under control. Advance Cloud Architecture ZOME has built and is operating an advanced cloud architecture with a broad API software gateway to talk to myriad devices in the field. It is doing this all with automations among devices, algorithms for wide-scale and optimized operation of energy usage and savings, integration with devices like smart thermostats and EV chargers, and user interfaces on smart phones and web UIs for its users. The solution set bridges two explosive market sectors, namely the proliferation of IoT devices in homes, apartments, and offices with the evolution and democratization of the energy sector. ZOME is now adding its next piece to the puzzle, cryptocurrency and Blockchain, to create a new, 21st century energy market. At the top of the Game ZOME stands out from the competition with its patents and years of licensing grid orchestration algorithms from MIT and molding them to devices and environments in deployments. ZOME is winning awards and clients, a company at the top of its game. But, the disruptive newsflash is that ZOME is licensing most of its technology into a new spinoff company that is chartered, among other things, to work with its competition. The cause for all this is Blockchain in the energy sector. An Established Leader Along with its cutting-edge solutions, the team at ZOME is another strong suit for the company. This team is led by Dr. Alex Papalexopoulos, the CEO and Chairman. Alex is also the founder of ECCO, one of the top energy market designers in the world. He is also an IEEE Fellow and has designed energy markets on four continents. Licensing Technology World Energy Consortium, PLC was formed to create a worldwide consortium of private and quasi-public (think electric utilities) users of a viable energy industry blockchain solution and Token economic system/eco-system. Its applications include reward incentives, automated Demand Side Management programs, Creating a New Generation Energy Market ZOME Energy Networks: ‘‘ZOME extends smart homes’ abilities to save money,earn rewards and help the planet. ‘‘ 44| December 2018|
  • 47. operation today, including CAISO, NYISO, ERCOT, NE-ISO, PJM, Poland, Greece, Japan, the island of Cyprus, and many others. World Energy Consortium, and its sister company, ZOME, are creating the crypto-blockchain energy market for electric utilities, aggregators, building owners, and individual consumers (and “prosumers”) themselves. The World Energy Consortium Blockchain solves two of the biggest issues today plaguing energy programs: high friction in post-event energy management reconciliation, and measurement and verification of energy reduction in Demand Side Management (DSM) programs. A common coin with an open distributed ledger, all running with pre-determined and agreed-to settlement rules is the simple solution to those previous perplexing issues. It required the creation of a new entity, World Energy Consortium, to be formed– an organization dedicated to create, manage for the community, and build as a member of the community an energy-specific and open crypto- currency, one with money-velocity, and of course one easily convertible into transactive energy including machine- to-machine reconciliation, P2P energy trading, energy grid balancing, and crypto-settlement services. ZOME will license its technology to World Energy Consortium so those applications that require control software or predictive analytics tied to the use of Blockchain in energy can be delivered as a full solution. Any third-party DERMS or Analytics systems can be integrated with the World Energy Consortium’s Blockchain, and indeed is encouraged, the more that leverage this Blockchain the better, according to the management team. See below for a sub-set of the Blockchain Architecture under consideration by the Consortium as of the writing of this article, the transactive energy settlements process and marketplace: Dr. Papalexopoulos explains, “We had to step in and create a best practices and viable blockchain solution, since energy industry initiatives were all about private blockchains…we had to maintain the reasons for private— namely speed of transaction, security, utility control where needed— but at the same time take the leap to what Blockchain is all about, the public and open aspect of it.” He knows a thing or two about new energy market creation, having been involved as a lead market designer on most of the modern electric wholesale-retail markets in N Generation Disruptors The Dr. Alex Papalexopoulos CEO fiat (i.e., regular cash). Crypto coins, aka Tokens, will be issued by World Energy Consortium and facilitated under a charter as a consortium regarding governance and inter- dependent partnerships serving the greater whole. And World Energy Consortium can help bundle better solutions for Blockchain in energy with its license from ZOME for device control, program simulations, predictive analytics, and white-label software, including mobile apps and portal UIs. |45| December 2018
  • 48. Internet of Things is Yes, Reshaping the World Data—an abstract can’t be felt, can’t be touched, more likely to be understood. A cryptic information flows omnidirectional in surrounding in the form of wave signals, transferring the data at different frequencies prevents the over-drawing. This data is secured in the cloud—large storage servers which provide a better protection to the information. Internet of Things—the appliances used in daily life interrelated with cloud computing in-order to make toil easy. It’s been introduced while ago; its applications are seen in household commodities, and now enterprises have also started showing their keen interest in IoT’s. Certain IoT’s specially programmed for the processes in the enterprise; coordinating with such technologies will bring a boon to the enterprises as a whole, with variations in utilization the benefits also vary. Outlook of IoT’s depending on their functioning Twining the Product Digitally Digital Twins—a mirror-like virtual representation of an original product for proper analysis is it all about. This program helps to generate a digitalized graphical image of any object at an instantaneous time, whereas, the analysis includes functioning, learning, and reasoning. Any complicated object can be regenerated and studied for its better improvement. For example, in automotive industries, it’s quite hard to point out a mistake or a flaw in complicated functioning objects. An engine design is pretty much intricate, so is it’s functioning, a digital twin of the engine helps to analyze the speed of the engine, compressor ratio, oil pressure, heat emitted by engines and, etc. With the help of DT, there’s the possibility of creating a connected engine instead of assembling the parts of an engine. DT can make a change in physical assets by providing options for creating, testing, building, monitoring, and maintaining. Implementing such IoT will benefit in accelerating the product development rate and will also reduce the costs. Before any occurrences in failure predictive maintenance is always the best option. Hence, in order to prevent further calamities, it’s better to take measures accordingly. Following Up the Blocks; More Secure Way Block chain is another way to transfer data without getting altered by other factors, the cryptography is so at its depth that making changes get tough. Block chains is a series of blocks which will pass data from one to another. This methodology is used for transaction process between two parties, considering any enterprises sharing the monetary assets digitally, and then through block chain, the transaction will be more secure. Trust is important factor required for the business, thus, this will build trust between those two parties involved in the transfer. And, as block Chalk Talk 46| December 2018|
  • 49. chain stores the data promptly in the blocks; the details of transfer amount and related can be retrieved. Earlier three parties were required in order to proceed for the transfer, but here, the involvement of ‘middle party’ is evoked, this reduces the time as well as efforts needed. As the transactions are done on a peer-to-peer basis, there is a reduction in contractual costs. And, reduction in cost is always been beneficiary to the company. With the absence of middle-man, the transaction process boosts up leaving out the unnecessary time required. Delivering Various Platform for Various Processes This the age of digital disruption, in order to overcome such issues, an enterprise needs to rethink on their business agendas. There are certain IoT companies which provide solutions with the digital transformation. A trend has been followed up with innovation comes growth, considering such methods a new platform has been developed to reduce the launch timing of new digital services which includes predictive maintenance and helps to monitor assets. Some companies provide cloud-based IoT SaaS platform for medium-sized businesses, and large companies for the distribution and managing their IoT assets and services. Enterprises will also be able to engineer the products by gaining proper insights with advanced digital technologies; this will help to maintain position in the market. There are some platform providers which help the enterprises to develop smart IoT’s, so that the maintenance required by the enterprises work more efficiently and will definitely increase the product quality and will increase transparency in operations. Along with, as-a-services are also offered to the enterprises for the repairing and product performance related issues. Whereas, there are some IoT firms which provide assistance by monitoring, utilizing assets and tracking of vehicles. Installing such IoT will not only help industries to remotely monitor and will have a total control over the management. Industries to Utilize Automated Vehicles Time to go RC’s (remote controlled) Many big companies have made electric-cars more available at a commercial level too. Whereas, automated vehicles have raised the level of non-liquid fuel cars; nowadays, computerized controlled cars are seen in the trend. Many companies have adapted them in order to reduce labor; these cars receive data directly from the cloud through certain commands supporting employees to remotely manage vehicles. AV consist of advanced GPS systems with high quality of cameras which helps the vehicle to see up to 100m of the area without any disturbance caused by nature, in hand to that, the data acquired by the sensors helps to generate 3D optimized view of surrounding of vehicles. This reduces the cost as well as the time required for the transportation. Now, Easy to track assets A systematic implementation should be taken for the management of assets. Talking about the management, the most faced problems by the companies are the assets miss- placement and miss-location. For preventing such issues, certain measures could be taken by an implementation of IoT; IoT such as tracking devices, this will monitor the location of assets and help the companies to have an outlook of their products. Customizing the consumption with IoT Smart Metering—another way to make building maintenance easy, this allows a program to manage the consumption rate of water, natural gases, and energy entities. Installing such SM IoT will boost the comprehension of building requirements; it will maintain the level of needed supplies resulting in the reduction of over-pay for the resources. Well, it is the beneficiary method to focus on. Coordinating IoT with CC Cognitive Computing (CC) is a way to bring human thoughts in computerized figures; it has self-learning abilities which helps it to solve problems on its own. It’s been a while in the use of CC in industries, but, with the involvement in IoT has uplifted the technological standards. CC acquires the data from IoT devices and works accordingly, this vastly generated data are unstructured, multi-modal, and, while maintaining the use of such large detailed information some of the sensor data is thrown away. As the productivity is limited not utilized data are considered are left out which is also known as ‘dark’. Hence, for certain products certain data is acquired. Securing the Place in Market Due to digital disruption, it has become mandatory for the enterprises having a strong-hold understanding on upcoming new innovation. Implementing IoTs will not only help in the growth, but also be a tough competitor by increasing productivity rate. Hopefully, the saturation in the IoT is far more likely to be inevitable. |47| December 2018