View Post

Smart City IoT Platforms Leveraging Standards and Open Source

In BICSI Bytes by info@bicsi.com.au

In a very crowded IoT platform ecosystem, multiple vendors are targeting the smart-cities vertical with optimised and dedicated solutions and vying for dominance in this very promising segment, according to a recent study by ABI Research.   While established players like Cisco and Verizon excel in the width and depth of functionality offered across the value chain and vertical segments, …

View Post

Smart City Spending to Reach $28 Billion in AP 2018: Report

In BICSI Bytes by info@bicsi.com.au

According to a recent IDC report, the spending on technologies that will enable Smart-City initiatives is expected to reach US$28.3 billion this year in Asia Pacific region (excluding Japan)   The report, entitled ‘Worldwide Smart Cities Spending Guide’ provides a comprehensive outlook at the technology investments associated with a range of Smart Cities priorities and use cases. As these initiatives …

View Post

Roadmap to Harness $1.5 billion NZ Transport Tech Sector

In BICSI Bytes by info@bicsi.com.au

A new Future Technology Leadership Group will help New Zealand harness some of the NZ$1.5 billion a year estimated value to the economy from Intelligent Transport Systems (ITS) as well as the social benefits they create.   The value of the “T-Tech” industry was highlighted in a new report entitled ‘Unlocking Commercial Opportunities of Intelligent Transport Systems (ITS)’ released by …

View Post

Pause in Non-Residential Construction to Temper NZ Construction Boom

In BICSI Bytes by info@bicsi.com.au

According to economic forecaster, BIS Oxford Economics, a booming economy and burgeoning population led to an unprecedented level of construction activity throughout New Zealand in the last five years and, despite its fundamentals remaining strong, capacity constraints as well as changes in the economic and political landscape are set to strongly influence the dynamics of growth in the next five …

View Post

New Ethernet Alliance Roadmap

In BICSI Bytes by info@bicsi.com.au

The Ethernet Alliance recently released its new 2018 Ethernet Roadmap, foreshadowing the technology’s ongoing growth and deployment from 10 Mbs to the approaching era of terabit speeds, offers a view of existing and emerging application spaces, and addresses essential specifications, media and modules.   “A rising number of increasingly diverse technologies and applications are driving the growth and expansion of …

View Post

Construction Activity Picks up Following Strong Sales and Profits

In BICSI Bytes by info@bicsi.com.au

A sharp improvement in the Australian construction sector’s sales and profits has created a level of confidence not seen since 2013, according to illion’s latest Business Expectations Survey.   The analysis found the increase in public infrastructure spending and early signs of a turn in business investment have led to ongoing strength in dwelling construction.   The analysis also reveals …

View Post

Concerns Over Security in Deploying IoT

In BICSI Bytes by info@bicsi.com.au

A recent 451 Research survey found that security continues to be a major concern for IT professionals when deploying Internet of Things (IoT) projects within their organisations.   When asked to rank which technologies or processes their organisations considered for current or planned IoT initiatives, 55% of respondents ranked IoT security as their top priority. In fact, survey respondents have …

View Post

Cloud and Datacentre Interconnect Push Switch Revenue to Record High in 2017

In BICSI Bytes by info@bicsi.com.au

According to a recent Dell’Oro Group report, Cloud and datacentre interconnect deployments pushed Datacentre switch revenue to record high in 2017. Last year marked an inflection year for 100 Gigabit Ethernet (GE) sales – surpassing 40 GE and comprising about 30% of total datacentre switching revenue.   “Ethernet switch deployments inside the datacentres – as well as new routing use …

View Post

Australian Economy Grew 0.4% in Q4 2017

In BICSI Bytes by info@bicsi.com.au

According to figures recently released by the Australian Bureau of Statistics (ABS), the Australian economy grew 0.4% in seasonally adjusted chain volume terms in Q4 2017.   Commenting on the statistics, ABS Chief Economist, Bruce Hockman, said: “Growth this quarter was driven by the household sector, with continued strength in household income matched by growth in household consumption.”   Compensation …

View Post

Australian Business Payments Fastest on Record Report

In BICSI Bytes by info@bicsi.com.au

According financial analyst firm illion, late payment times for Australian business dropped to their lowest level on record in Q4 2017, with the average late payment time at 11.9 days during Q4, down 17.5% from 14.4 days during the prior corresponding period. In a further sign of a broad shift in payment behavior, the percentage of businesses paying their bills …