Satellite Services Revenue Boost Skip to main content

Gartner Forecasts Security and Risk Management Spending in India to Grow 12% in 2024

  GenAI-Driven Attacks Require Changes to Application and Data Security Practices and User Monitoring End-user spending on security and risk management (SRM) in India is forecast to total $2.9 billion in 2024, an increase of 12.4% from 2023, according to a new forecast from Gartner, Inc. Indian organizations will continue to increase their security spending through 2024 due to legacy IT modernization using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work. “In 2024, chief information and security officers (CISOs) in India will prioritize their spending on SRM to improve organizational resilience and compliance,” said  Shailendra Upadhyay , Sr Principal at Gartner. “With the introduction of stringent government measures mandating security breach reporting and digital  data protection , CISOs are facing heightened responsibility in safeguarding critical assets against evolving cyber threats.” Gartner a...
Post a Comment

Satellite Services Revenue Boost


Details
Published on Tuesday, 03 July 2012 10:10


Thanks to a number of technology advances as well as declines in the price of equipment and monthly services, satellite communications are emerging as a viable and attractive means of connectivity for many smart grid applications.



It includes substation automation (SA), distribution automation (DA), advanced metering infrastructure (AMI) backhaul, remote monitoring and mobile workforce applications. Satellite service providers and equipment manufacturers are now pursuing the utility market, a trend that should further reduce the cost of satellite service and equipment even as bandwidth and connection speeds improve, according to Pike Research.



The revenue from satellite services and equipment for smart grid applications will reach US$368 million by 2020, increasing from just under $67 million in 2012. “Satellite-based communications have historically been a last resort for grid operators, mostly for remote substation connectivity,” says Bob Gohn, vice president at Pike Research.



“But improved cost and performance is allowing satellite communications to be used in an increasing number of grid applications, enabling a tripling of forecasted equipment revenue over the next 8 years, with even higher service revenue growth,” Gohn adds. Though satellite-based systems will remain a niche technology compared with terrestrial options, utilities will consider them in their list of communications options.



Many utility executives remain wary of using satellites for critical smart grid applications because of concerns over latency, interoperability, security and bandwidth efficiency. However, according to the analyst firm, many of these concerns are based on outdated perceptions. New technology and product offerings have addressed many of the cost, performance and reliability challenges associated with earlier systems.



At 600 milliseconds, round-trip satellite communications latency today is adequate for most smart grid applications and compares favorably with many terrestrial options. And data rate options of up to several megabits per second (Mbps) are commonplace, while planned systems may even be faster than some cable or 4G broadband services today.

----Pike Research

Comments

Post a Comment

Popular posts from this blog

Mobile Phones Sales Plummet

Details Published on Thursday, 16 August 2012 06:34 Worldwide sales of mobile phones reached 419 million units in the second quarter of 2012, a 2.3 percent decline from the second quarter of 2011, according to Gartner. Smartphone sales accounted for 36.7 percent of total mobile phone sales and grew 42.7 percent in the second quarter of 2012. "Demand slowed further in the second quarter of 2012," says Anshul Gupta, principal research analyst at Gartner. "The challenging economic environment and users postponing upgrades to take advantage of high-profile device launches and promotions available later in the year slowed demand across markets. Demand of feature phones continued to decline, weakening the overall mobile phone market. "High-profile smartphone launches from key manufacturers such as the anticipated Apple iPhone 5, along with Chinese manufacturers pushing 3G and preparing for major device launches in the second half of 2012, will drive the smartpho...
257 comments
Read more

Now facebook hit with international class action privacy suit

An Austrian privacy activist has launched a wide-reaching class action suit against Facebook Ireland for breaching European data protection law. Anyone outside of the US and Canada can join activist and law student Max Schrems' suit via the website fbclaim.com, since they will have signed up to Facebook's terms and conditions via the Dublin-based European subsidiary. That amounts to around 82 percent of all Facebook users. After being live for just one hour, the site has collected 100 participants. The suit is seeking damages of €500 ($537) per user, and injunctions to be levied on the company for the following breaches:     Failing to get "effective consent" for using data     Implementing a legally invalid data use policy     Tracking users online outside of Facebook via "Like" buttons     Using big data to monitor users     Failing to make Graph Search opt-in     The unauthorized passing of use...
1 comment
Read more

Cabling and Data Explosion

Details     Published on Tuesday, 13 November 2012 05:39 The explosion of 'big data' and the seemingly limitless demand for bandwidth are driving trends in today's IT-centric world. The 'faster, better, most cost effective' mentality has led enterprises of all sizes to closely scrutinize their communications networks and networking infrastructure. network-cables The need to deploy high speed network backbones that meet future requirements, while simultaneously reducing costs, present conflicting interests. With the need for higher bandwidth and flexibility for growth, organizations are looking at the network's physical layer and its overall life cycle as a capital investment that is essential to the business. Throw into this conundrum the increasing focus on sustainability and the task of designing a network high-performance, high-efficiency network seems almost insurmountable. Addressing efficiency at a physical infrastructure level has fueled the growing ado...
1 comment
Read more