KUALA LUMPUR, Malaysia, Sept. 5, 2014 /PRNewswire/ — Fusionex Managing Director Mr. Ivan Teh was honoured in the Asia Pacific region by winning the Most Outstanding Entrepreneur Award at the recent 2014 Asia Pacific Entrepreneurship Awards Ceremony held recently at The Grand Hyatt Hotel, Kuala Lumpur. The Asia Pacific Entrepreneurship Award (APEA) is a regional awards and recognition program for outstanding entrepreneurs across Asia Pacific, honouring male and female business leaders that have proven their enterprising spirit in the various industries that they participate in, whilst not neglecting their corporate social responsibilities. Assessment by judges for the Most Outstanding Entrepreneur category is based on strict criteria; in particular, judges were required to assess whether the candidate for this award possessed the necessary entrepreneurial attributes to enable him/her to be a role model for future entrepreneurs as well as having the right temperament; the necessary tenacity, perseverance as well as other key qualities to continue inspiring, innovating and making a difference under adverse situations and environments. Fusionex is one of the largest and most exciting IT company in the region with its arsenal of state-of-the-art products/solutions centred around business analytics and Big Data, many of which have won numerous regional as well as global awards and recognitions. In December 2012, Fusionex was listed on the London Stock Exchange as the largest technology IPO of the year, and was significantly oversubscribed with overwhelming interest from investors. When asked to share his thoughts on being named as Most Outstanding Entrepreneur of the year, Mr. Teh commented, “I am humbled and pleasantly surprised to receive this great honour. This award is especially meaningful as it is not just about individual recognition, but more importantly this award serves as an endorsement of our [Fusionex] team’s talent, commitment and unquenchable passion that has driven all the innovation and success of Fusionex thus far. It is therefore only fitting that I dedicate this award to the ‘Fantastic Fusionex’ team; the strong partners and stakeholders whose confidence in us has been a pillar of strength; as well as our customers for the continuous support. This award will certainly spur our team to work even harder to reach greater heights, and to further excel at what we do. Thank you for this amazing recognition!” The APEA has made its mark in over 12 markets in the region, making it the widest, most prestigious and accomplished awards of its kind. The APEA continues to be strictly regulated and judged, where only the most highly qualified candidates are selected through a stringent, multi-stage and multi-evaluation process, resulting in the APEA being a highly coveted award for entrepreneurs in this region. http://www.prnewswire.co.uk/news-releases/fusionex-managing-director-ivan-teh-wins-the-most-outstanding-entrepreneur-award-at-the-2014-asia-pacific-entrepreneurship-awards-ceremony-274060151.html
This article first appeared in Nearshore Americas, by Matt Kendall.
Key technology stakeholders in Colombia are driven by the huge potential of IoT, developing a growing ecosystem that is positioning the country at the vanguard of IoT development in the region.
At an estimated approximate value of US$170 billion in 2017, the global Internet of Things (IoT) market is nothing to sneeze at. This potential value is being acknowledged by IT companies in Colombia as they chase the IoT development crown in Latin America.
Colombia’s IoT market was worth US$168.3 million in 2016 and is predicted to grow to US$438 million by 2021, according to Gina Sanchez from Frost & Sullivan, who shared her insights at the Mobile World Congress in November. Taking her data into account, IoT services and IoT software reportedly made up 31.8% and 16.7% of this market, respectively, with hardware seizing almost 50% and connectivity, such as telecom providers, just 7%.
Providers, government players, and other stakeholders in the country are well aware of this potential and are part of a growing ecosystem that is positioning Colombia at the vanguard of IoT development in the region.
A Strong, Growing Ecosystem
Sebastian Vélez: “Cloud vendors have helped a lot to accelerate the adoption and maturity of IoT-related services.”
The work that PSL is doing in Colombia involves gathering information from car sensors that leads to more efficient driving algorithms, insights, and analytics. The company is also working on IoT in school buses to improve routes, speed, and acceleration, as well as with and private security and police forces on video detection, face recognition, and live security alerts in the United States.
“IoT is evolving fast, but the problem is that many clients don’t yet understand the full breadth of what is requires to implement a solution,” said Jose Alejandro Betancur, Chief Innovation Officer at Intergrupo. “Last year, a lot of clients came to try and copy other IoT models they had seen, but weren’t aware that’s it’s a full hybrid service of hardware, software, and other technologies, which companies need a range of capabilities to achieve.”
Training for IoT
Echoing the sentiments of Jorge Aramburo, CEO and Founder of PSL, who was vocal about the talent issues Colombia still faces, Vélez acknowledged the ongoing challenge of finding engineers in Colombia, but said it was not too difficult to train existing staff upwards into development for IoT projects.
“IoT solutions are highly distributed systems where you have to be aware of performance, latencies, failure recovery, and many other aspects of complex distributed systems, such as an understanding of Cloud technology,” said Vélez. “We first look for strong foundations of skills within those topics, and then rely on training to teach the many specific technologies that we need to implement a solution.”
Intergrupo is another IT services provider that is seeing growth in demand for IoT. In order to get its talent ready, the company offers training boot camps every 2-3 months, also taking people out of other projects and into IoT innovation labs. Out of their 1,200 people, they now have 100 training in IoT and 20 in the innovation lab.
“The people that we choose need to be motivated to solve real problems, so they generally have deep knowledge on the basics of software development, but also bring ideas to the table to solve client issues,” said Betancur.
AZLogica, a Colombian developer of telematics, Internet of Things, and Machine to Machine solutions, approaches training across three levels.
“At the highest level are those who are already part of the IoT ecosystem, with experience in different industries, and are looking to grow as part of their own development,” said Edgar Salas, CEO of AZLogica. “At the second level are the tech geeks who have been working with us for a long time and want to grow their skills, so we engage with them with new salaries and move them into the R&D area to do so. The third are people who have been finalizing their studies at university, and want to transition to the real world, so we can mould them from an early stage to be ready for IoT development – it’s vital that they are motivated to face new challenges that IoT is creating.”
Security, Reliability, and Other Risks
For clients in any sector, security is one of the main concerns of any IoT project, as the information that can be gathered is often highly sensitive or ripe for cyberattack.
For Edgar Salas, international ISO standards have been an appropriate response to the issue of security, making it one of the few companies in the country that boasts an ISO 27000 standard, as it relates to IoT.
Edgar Salas: “It’s vital that engineers and students are motivated to face new challenges that IoT is creating.”
“This is applied to data gathering and information deployment, so clients can feel safe about who gathers the data, when it is gathered, how it is transferred, and who is allowed access,” said Salas. “You have to be very careful about how to treat the information you are gathering because most IoT scenarios that we have seen deal with private information at some point.”
Intergrupo and PSL are now introducing Blockchain technology to offset some of the security challenges of IoT. While it is still early days, the tech is being used to enhance transparency and retain infallible information on previous data transmissions. But that’s not all.
“With our innovation lab, we are working on devices that don’t transmit a signal when they are not being used, so they are not always connected, just sending information when something changes,” said Betancur, highlighting an innovative approach to IoT design that Colombia is producing.
Along with security, information reliability, computing time, and latency are all the main issues associated with IoT devices, but with certain techniques it has been possible for some IoT providers in Colombia to address them.
“With any connected device, it often occurs that you don’t have the same reliability of networks and hardware that come with other services,” said Vélez. “Cloud has helped a lot with that, as well as Edge computing, which relies on the end device for computation, not a centralized service.”
Looking Ahead for Colombia IoT and offshore outsourcing
In order to gain better control over their business, companies in education, health, finance, agriculture, retail, and transportation are expected to demand this type of solution the most, according to Andrés Sánchez, CEO of Identidad IoT. Even so, investment into IoT in Colombia is just 0.02%, as discovered in the company’s Innovation Index (QuISI). Compare this to China (26%) and the United States (27%), and this is very low. Even so, the country is confident in its future with the tech.
Established in 2016 for US$1.8 million, Colombia’s Center of Excellence and Appropriation in Internet of Things (CEA-IoT) is an alliance between universities, global technology companies, and local providers that seek to boost the country’s economic growth through IoT innovations.
The initiative is promoted by the Ministry of ICT, with support from the Administrative Department of Science, Technology and Innovation (Colciencias), and is part of a strategy to keep Colombia on its trajectory as a regional leader in ICT.
Within the next ten years, CEA-IoT intends to represent the Latin American benchmark for the development of products and services based on IoT technologies, as well as being the main advisory for the Colombian government and local and national entities on the topic.
Local telco Claro, owned by Mexico’s America Movil, is also aiming to deploy 4.5G technology in Colombia this year, in order to address both narrowband and more data-intensive IoT applications.
If CEA-IoT is successful in gaining the collaboration of local telecom providers and tech companies, the country should be able to retain its IoT crown in Latin America.
“I agree that Colombia is at the forefront of IoT in the region,” said Vélez. “There are a number of communities working on it, students get to join IoT projects at the early stages, and there are plenty of IoT startups in the country. We are far from done, but I would agree that Colombia is ahead of the curve in Latin America.” https://www.pslcorp.com/offshore-software-outsourcing-development-center/
IDC MarketScape has recognised Fusionex as a ‘Major Player’ in an IDC report.
The first ever IDC MarketScape for Asia/Pacific Big Data and Analytics Platform 2017 Vendor Assessment report assesses the big data and analytics solutions available in the market among global vendors present in Asia/Pacific (excluding Japan) and identifies their strengths and challenges.
Fusionex, a data technology provider specialising in big data analytics, artificial intelligence and the Internet of Things, is the only ASEAN originating company listed in the IDC MarketScape report.
Each brand was evaluated based on their big data and analytics solutions, ranging from big data management, integration platforms, and analytics tools to cognitive/AI software capabilities.
Fusionex international CEO Ivan Teh says, “It is an honour for Fusionex to be acknowledged in the IDC MarketScape report as a Major Player for Asia Pacific big data analytics and data technology solutions.”
The report states that “Fusionex has better operations in, and a better understanding of, Southeast Asia compared with many other vendors in the region. It also has a strong grip on the operational needs of the retail and manufacturing sectors in this region.”
According to IDC the research “provides an analysis of each vendor within areas of solution utilisation, solution ubiquity and solution intelligence and how they can help organisations stay focused on core capabilities, including performance, governance, usability, localisation, and customisation as well as be prepared to foray into leveraging their data for increased utilisation, ubiquity and intelligence.”
The competition for this title is high and the margins between ‘Major Players’ and ‘Leaders’ are narrow, and with the rapid evolution of big data analytics technology organisations will need to stay sharp in order to maintain their place within their category.
“Today, data management and analytics have become a necessity in any industry – not just to thrive but also to remain relevant as well as to survive,” Teh adds.
“Fusionex GIANT’s humanised visualisation and powerful engine enables anyone, from business analysts, IT professionals, data scientists, and C-level executives, to unearth insights from their data. Essentially our technology puts the power of analytics and insights into the hands of our customers without over-complicating matters. We will continue to invest in various avenues to help more organisations across the region and the world benefit from the adoption of Big Data Analytics. We want to help enable companies to become data-driven organisations, where they can process and analyse data at speed and at scale for a better tomorrow.” https://www.fusionexgiant.com/
As a DIY bride-to-be who made my own invitations, table numbers, as well as centerpieces, I know direct how tough it is to come up with a reasonable budget and then stay with it. One of the most crucial of these budget decisions includes selecting the best professional photographer and the very best photography package to fit your needs. Every bride knows that after the whirlwind day is over, exactly what stays is your photos and memories of your special day.
Discuss with your photographer the choice to acquire the high resolution digital files of your photographs so that you can make your very own wedding event photo book. In addition, lots of photographers consist of an e-session or engagement picture session prior to the special day, to offer you an opportunity to obtain more comfy connecting with your photographer and to obtain more comfy being in front of the camera. My future husband (now hubby) and I showcased these e-session images in a custom picture guest book for our wedding guests to sign. You don’t need to be a designer to make a stunning album. It was really easy to do using the totally free style software provided by the picture book company, and a simple drag-and-drop interface. The visitor book was a success and our visitors filled it with customized messages. A standard visitor book will most likely get put at the back of your closet, while an image wedding event guest iphone photo book will be enjoyable to browse even years down the line.
As for options for your wedding album, there are numerous. You can get a top quality one for as low as $30 for a 20-page 8.5 x 11″ hardbound book, all the way to $250.00 to $450.00 or more for a premium leather bound flush mount photo album. More cost effectively priced photo books make terrific gifts for parents albums or for the bridal celebration, while the groom and bride will likely select a superior style.
Two main kinds of photo books tend to interest the “newly wed”:
1) The lay flat picture book, and
2) The flush mount leather album.
The lay flat photo book is bound in an unique way that enables its pages to lie flat. The pages stay open without needing to hold them down, which gives it a premium look. This format likewise generally permits you to extend a single image throughout both pages of the spread, providing a sweeping panoramic visual impact that showcases your best images. Lay flat books are also available printed on thick, genuine photo paper – which also adds to the quality.
The flush mount album is a type of picture book that lies flat. Flush mounts are printed on genuine image paper and installed on a hard board type support makings the pages feel additional thick. They are usually bound in a leather case and are pricier than routine ordinary flat photo books, but you do get exactly what you pay for. Due to the density of the pages, they generally are available in restricted page counts of about 20 to 30 pages.
Up until recently, these choices were just offered to pros, now lots of business are using these alternatives directly to brides and grooms. If you’re a little daunted, don’t be! Lots of business use totally free books to try their service so you can do a trial run with your getaway images or family pictures for example, before trying to make your very own wedding event album. http://www.photobookapp.com