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Diversified
Fred D'Alessandro
Founder & CEO
Connecting Clients to Their Digital Future
The Next
Generation
Tech
Disruptors
2019
Vol. 07 Issue. 06 2019
Infrastructure
Transforma on
Innova ve Companies
in the Space Industry
Securing Future
Cyber Security:
Secure Your Network
with Intelligence
Editor’s Choice
Should Businesses Adopt
Blockchain Technology?
E
arious modern disruptive technologies have changed the world for good. Nowadays, almost every aspect of our lives
Vare being controlled by various technologies. Education is not an exception of this rule. Technologies like AR and
VR are slowly becoming mainstream, and they are all set to change the face of education.
I know! I know! Most of you might think VR is all about gaming experiences and entertainment. However, VR combines
best of in person and online education that too in an immersive experience. Thanks to VR, its now very easy and cheap to
visit various unthinkable scenarios. Think of something like a mechanism of a complex machine or a lost planet. Still VR has
a very low adaptability rate, even in US, very few classrooms have VR tools. However, soon this will change as few forward
thinking institutions have already started experimenting with this piece of technology.
AR is another ground-breaking technology, which has the enormous potential to inject the much-needed value in the
educational process. The best part is, AR uses cell phones to add a layer of information to the physical reality. However, due
to various privacy issues, AR has’t witnessed the much-needed commercial success. Still, when it comes to the classroom,
AR can help students to scan an equation and find various tutorials and solutions. Various museums and other organizations
use AR in order to enhance experience.
Another most important disruptive technology in education is various communication platforms. With the growing usage of
high speed data, video communication allows users around the world to join and participate in various educational processes.
Also, experts from various field can join the discussion and can speak with the students directly. Slowly the advancement of
the online learning technologies are making education accessible to students around the world.
Disruptive Technologies
and Education
Ah! AI! What can I say about this technology? It is changing each and every industry in a rapid pace. When it comes to
education, Artificial Intelligence can use algorithms that helps to personalize learning experience. These AI systems are so
smart, that they can learn and analyze the needs of an individual or the whole class. Thanks to the current level of
technological development, AI systems can help in personalized tutoring.
So, with great enthusiasm Insights Success has shortlisted, “The Next Generation Tech Disruptors, 2019” who are creating
transformational technologies that are all set to change the world of technology for good.
In this special edition, our cover Story features, Diversified, which is an industry leading technology solutions provider, that
delivers a comprehensive portfolio of innovative solutions and services to a global clientele across a wide array of markets
including financial, media & entertainment, enterprise, energy, higher education, technology, healthcare, hospitality,
government, and more.
Also, while flipping the pages don’t forget to go through the articles and CXO standpoints written by our in-house editorial
team and industry experts respectively.
Happy Reading!
Companies that stand out from others
are purposefully disruptive.
“ “
Kaustav Roy
Connec ng Clients to
Their Digital Future
Cover Story
08
20 30
Industry Glimpse
4 Trends that will make Language
Solu ons a big part of Biotech
and Globaliza on
Expert’s Outlook
AsiaPay: Expand your eCommerce
business into AsiaConsumer Gold Mine
Ar cle’s
Securing Future
Cyber Security:
Secure Your Network
with Intelligence
34
Infrastructure Transforma on
Innova ve Companies
in the Space Industry
22 28
Editor’s Choice
Should Businesses Adopt
Blockchain Technology?
16
ATOM Tickets
Planning for a Movie has Never Been so Easy
38
Prescient Co. Inc
Revolu onizing the Construc on Industry with Digital Technology
Futurism Technologies
Advancing Business Process through Digital Transforma on
24
Lendify
Bringing Financial Accessibility for All
32
Seceon
Comprehensive Cybersecurity Pla orm for the Digital-Era
42
Contents
sales@insightssuccess.com
July, 2019
Editor-in-Chief
Co-designerSenior Sales Manager Business Development Manager
Marketing Manager
Technical Head
Technical Specialist Digital Marketing Manager
Research Analyst
Database Management Technology Consultant
Pooja M. Bansal
Managing Editor
Anish Miller
Executive Editor
Kaustav Roy
Assistant Editors
Jenny Fernandes
Hitesh Dhamani
Visualizer
David King
Art & Design Director
Amol Kamble
Associate Designer
Iresh Mathapati
Kshitij S Peter Collins
John Matthew
Sales Executives
David, Kevin, Mark, Vishal
Business Development Executives
Steve, Joe, Alan, BinayJacob Smile
Aditya Marry D’Souza
SME-SMO Executive
Prashant Chevale Calvin Jones
Circulation Manager
Robert Brown Stella Andrew David Stokes
Sapana Shinde
Co-designer
Copyright © 2019 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.
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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
Connecting Clients to Their Digital Future
Diversified delivers a diverse
set of integrated technology
solutions that connect clients
to efficient communications,
streamlined workflows and
seamless collaboration.
The
Tech Disruptors 2019
Nex
Fred D’Alessandro
Founder & CEO
Cover Story
This industry leading technology solutions provider
delivers a comprehensive portfolio of innovative
solutions and services to a global clientele across a
wide array of markets including financial, media &
entertainment, enterprise, energy, higher education,
technology, healthcare, hospitality, government, and more.
With a diverse range of technical expertise and specialties,
Diversified is uniquely able to serve as their clients’ trusted
technology solutions partner capable of meeting all
technology needs, streamlining even the most complex
projects with a single point of contact. Unparalleled in
today’s technology market, Insights Success is proud to
recognize Diversified as one of the next generation tech
disruptors, leading the way into the digital future.
In an interview with Insights Success, the Founder and
CEO of Diversified, Fred D’Alessandro, shares key
insights into the organization’s journey and how its
specialized solutions and services are continually growing
to meet the dynamic needs of an evolving global market.
Below are the highlights of the interview conducted
between Fred and Insights Success:
Give a brief overview of the company, its uniqueness
and its vision.
Diversified was founded in 1993 as a start-up broadcast
integration firm based out of Kenilworth, NJ and has since
grown into a top technology solutions provider with more
than 30 locations around the world. Originally addressing
the technical needs of the broadcast, audio visual, IT and
RF market segments, our service offerings continued to
grow and evolve with the marketplace. Over the years,
Diversified’s strategic investments and acquisitions have
not only expanded our portfolio of expertise but also
extended our geographic footprint to better serve a growing
client base.
With these enhanced capabilities, Diversified has emerged
as an industry leading technology solutions provider
offering an unmatched portfolio of consolidated services,
delivering innovative digital media, collaborative,
broadcasting, electronic security, and Over-The-Top
solutions to a global clientele. This expansive expertise has
positioned us to serve as a go-to partner for all our clients’
technology needs, delivering complete technology
strategies that enhance their operations, increase
productivity, and help drive ROI.
Describe your company’s cutting-edge products/services
which address all the needs of your customers.
The rapid speed of technological evolution means that
Diversified and its clients constantly have to look three
steps ahead to maintain a competitive position in today’s
global market. As a leading global technology solutions
provider, Diversified proudly offers the most
comprehensive portfolio of technical expertise and
consolidated services in the industry.
Our clients’ previous reliance on
multiple vendor-specialized service
offerings to implement a single project
simply doesn’t cut it anymore.
We provide our clients a single trusted
technology partner to help develop and
deploy the entire scope of all their
technology strategies.
Whether it’s a digital signage network
to communicate a brand or messaging
to visitors and employees, a
collaborative conference room to
connect enterprise locations around the
world, a security operations center to
monitor facility activity, a broadcast
studio or even managed service
offerings to ensure a maximized ROI
on technology investments, Diversified
has a team of industry professionals
ready to partner with organizations and
deliver the technology needed to drive
daily operations—all while simplifying
the project cycle and increasing ROI.
With the escalating number of
technology-based solution providers,
how is Diversified driving itself to
create an impact on its customers?
Diversified’s approach to business has
always been just that—diversified. As
technology and its impacts continue to
evolve, so do our capabilities. With a
mission to connect organizations from
a broad range of markets to their
technology objectives through a
comprehensive portfolio of solutions
and services from a single trusted
technology partner, we are able to
utilize our diverse collection of
technical and strategic expertise to
consult on and deliver the entire scope
of our clients’ technology strategies.
Whether it’s audio visual, digital
signage, production and distribution,
IT, mission critical, electronic security
or even medical integration, the
Diversified team has a deep bench of
experts to meet any technology need,
no matter how precise or unique.
Connecting clients
to their digital
futures with control
centers that help
save lives,
broadcast systems
that entertain,
digital media
networks that
inform and IP-
based operating
rooms that improve
patient outcomes.
What’s more, our teams are on the
forefront of today’s technology,
helping to set standards and prepare
customers for changing digital
landscapes. Leveraging our IT and
media and entertainment expertise,
Diversified has become one of the
pioneer authorized partners of Cisco’s
IP Fabric for Media solution. The new
authorization allows us to close the
project circle, meeting all our media
and entertainment customers’ needs
from design to implementation and
service of an entire production
facility—now including all Cisco
elements to certify end to end success
as more media networks make the shift
to transporting over IP from SDI. This
marks just one of the ways that
Diversified is ahead of the curve and
continuing to serve our clients in
new ways.
Describe the experiences,
achievements or lessons learned that
have shaped the journey of the
company.
Starting out as a broadcast integration
firm, Diversified established an
impressive reputation within the media
and entertainment industry. However,
we knew that would not be enough to
sustain continued growth. Our vision
for a company positioned at the
forefront of technology, providing its
clients with the best solutions to meet
their objectives, drove us to take risks
and reinvest our earnings back into the
business to keep up with
growing demands.
Around 2000, we began to seek
opportunities in AV integration, a
market we didn’t know much about but
saw great value in for diversifying the
company. We’d found a lucrative home
in enterprise broadcast, but we knew to
be the best, we had to provide more
than just one piece of the puzzle. Since
then, while competitors have been
content with the status quo, Diversified
has continued to establish successful
footholds in other technology
specialties including digital media,
mission critical, medical integration,
and electronic security, providing
additional value to clients around the
globe.
What are the challenges faced while
providing the unique tech powered
solution and how is Diversified
serving to tackle them?
Staying current on today’s technology
without losing sight of tomorrow’s
advancements is a critical component
for any technology provider. At
Diversified, our teams are constantly
focused on learning and finding
innovative ways to incorporate new
technology that not just meets our
customers’ needs, but exceeds them,
and helps them make a real difference
in their respective industries. From
maintaining extensive training and
certifications to partnering with
manufacturers to enhance products for
actual use cases, our team is
consistently improving our offerings to
better equip our clients and help them
reach their technology goals.
What according to you could be the
potential future of the innovative
tech solution providers and how does
Diversified envision sustaining its
competency?
To remain competitive in today’s
global market, technology providers
must be agile, proactive and diverse in
their offerings. With an expansive
catalog of solutions and services,
combined with a worldwide network of
resources capable of confidently
deploying projects on a global scale,
Diversified is working with leading
organizations around the world to meet
all their technology needs efficiently
and effectively.
Additionally, we are developing and
delivering strategically engineered,
productized solutions that further
simplify technology deployments for
our clients. Whether we’re driving
operating room efficiency and
enhancing patient care with our
exclusive CORIS® product family or
increasing situational awareness to
support a faster response time with
VantagePoint, Diversified is bringing
new solutions to the market that
continue to connect clients to their
digital futures.
Where does Diversified see itself in
the long run and what are its future
goals?
Over the coming years, Diversified is
focused on continued international
expansion and transitioning from
providing mainly hardware integration
solutions to more of a software-based
or “Technology as a Service” model.
Additionally, with the industry shifting
from SDI to IP, we see great
opportunity in helping many of our
clients make the switch and implement
efficient, cloud-based systems for their
organizations. Diversified is confident
that these initiatives, coupled with the
ability of our leadership team to keep
us ahead of the competition, will allow
us to maintain our leadership position
and continue our double-digit growth.
About the Leader
Fred D’Alessandro’s dedication and
work ethic, coupled with an innate
desire to innovate and provide quality
service to others, is the driving force
behind his success and what he and his
team have built at Diversified. His
decisions are steadily centered around
being the best and providing clients
with one trusted technology partner to
meet all their technology needs.
Furthermore, he has taken a rather
creative approach to the types of
services offered, understanding that
innovation and disruption go hand in
hand, staying outside the comfort zone
and looking to provide multiple pieces
of the technology needs puzzle to
deliver an unparalleled level of
expertise and service to Diversified’s
clients. It’s been said before, “You
better disrupt yourself before someone
else does!” Unopposed to stepping
outside the box or doing the opposite
of industry expectations, Fred is
always seeking the next big thing that
will change the game.
As a result, the breadth of Diversified’s
offerings has allowed Fred to sustain
growth, even in the toughest markets.
If one industry isn’t as hot as expected,
another picks up the slack. This
advantage has also become the driving
force behind Fred’s vision for the
future—continuing to grow vertically
as well as horizontally, adding
complementary services that provide
value through unique, hybrid
technology solutions that solve
virtually any customer requirements.
Still, he believes for continued
sustainability, Diversified must operate
within the top tier of each industry,
understanding its clients and how these
solutions help them find success in
their own markets.
Through openly sharing his philosophy
of being the best and establishing a
robust customer base with repeatable
business, Fred has seen another major
differentiator emerge—Diversified’s
engineering-centric operations. True to
its tagline, Imagination Engineered,
Fred takes great pride in the execution
of Diversified’s projects and
empowering his engineering staff to be
creative and innovative in their
designs. His viewpoint is simple—new
sales will keep your door open but
strong engineering and project delivery
will bring the customer back time and
time again, allowing growth beyond
what anyone expected.
Diversified
understands
unique industry
challenges and
emerging
technology trends,
delivering
specialized
solutions that solve
our clients' biggest
problems.
Address :
Country :City : State : Zip :
Date :Name :
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Che should be drawn in favor of:que 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
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Planning for a Movie has Never Been so Easy
Atom Tickets
ased in Santa Monica, California, at
Bthe heart of the Silicon Beach, an
award winning start-up Atom
Tickets was born out of a simple idea:
people would go to the movies more often if
buying movie tickets with friends and family
was made easy. With the backing of
Lionsgate, Disney, and Fidelity Management
& Research Company, Atom Tickets is
enabled on nearly 22,000 screens across the
U.S. including AMC Theatres, Regal
Cinemas, and Showcase Cinemas.
The organization’s mission is to transform
the moviegoing experience to make it easier
for people to go to the movies, more often.
Also, Atom Tickets is proud of the fact that it
has grown to attract nearly 6 million monthly
visitors. Atom’s user-friendly and socially
driven interface allows movie lovers to
search for films instantly, invite friends, buy
tickets, pre-order concessions and enjoy a
VIP experience at the theater. Due to the
platform’s innovative marketing solutions
and young yet diverse user-base help, studios
exhibitors and brands reach their target
audience and maximize revenue
opportunities.
The organization looked to bring the ease of
Amazon, Lyft, and Open Table and designed
Atom Tickets is always working on ways to make
moviegoing more convenient – from our recently
enhanced app design to fast and reliable
performance when purchasing tickets.
“ “
The
Tech Disruptors 2019
Nex
Matthew Bakal
Co-founder & Chairman
Atom Tickets
www.insightssuccess.com16 |July 2019
Atom Tickets is always
working on ways to
make moviegoing more
convenient – from our
recently enhanced app
design to fast and
reliable performance
when purchasing tickets.
“
a socially-driven moviegoing
experience with convenience at heart.
Inviting Friends for a Movie has
Never been this Easy
With Atom Tickets, it’s easier than ever
before to invite friends for a movie.
The organization has created a simple
way to pay for a group or pay
separately. It has also created a digital
ticket using a QR code which can be
scanned at the theater and to pre-order
concessions at participating theaters.
These features weren’t available
through other movie ticketing sites or
apps when the cofounders were
envisioning a new movie ticketing
experience back in 2014. It took a
couple of years to build the app but the
company launched Atom Tickets
nationally in September 2016 as the
first to offer these features.
The free app and the website provide
relevant reviews, trailers and synopses
in order to help movie buffs make the
best decision on what to see. App users
may then invite friends (via their
contact lists) to purchase their own
tickets and join them with a few easy
taps—eliminating IOUs and lengthy
text conversations. Atom streamlines
the process of purchasing tickets and
concessions from any iOS or Android
phone. At the theater, users can skip
the box office lines and go directly to
the ticket attendants and Atom-
exclusive express concession lanes
where they simply scan a QR code on
Atom-branded tablets to redeem their
order. Paper tickets and IOUs have
been replaced by Atom’s innovative
platform that keeps all plans,
messages, payment and tickets in one
convenient place.
The Hawk Eyed Leader
As the Co-founder and Chairman of
Atom Tickets, the social movie
ticketing app, Matthew Bakal focuses
on growth strategy and corporate
development for the Santa Monica
based startup that has raised over $125
million in funding. Matthew has a
unique background that includes
extensive experience on both the
creative and financial sides of the
entertainment business. He has worked
for Warner Bros., Mandate Pictures,
Good Universe, and IBM
entertainment consulting. He has
structured financial deals that balance
creative ambitions with bottom line
prudence. Previously at Lionsgate
Entertainment, he oversaw day-to-day
business development opportunities
and strategic initiatives. Matthew
wants people to watch more movies
and he thinks there should be an easier
way for the industry to match movie
supply with consumer demand. All this
experience contributed to the spark that
has become Atom and its successful
capital raise. Matthew holds an AB in
English and American Literature from
Harvard College and an MBA from
Harvard Business School.
Standing out Amongst the Crowd
As a startup, Atom Tickets feels that
it’s the company’s responsibility to
stand out and give users a compelling
reason to try it opposed to any other
known brand. The organization was
born out of the idea that digital movie
ticketing was in need of powerful new
experience. Now Atom Tickets is in the
market for more than two years and it
is always trying to create innovative
new experiences. This is what led the
company to partner with Amazon on
advance screenings for Amazon Prime
Members, power movie ticketing on
IMDb and Amazon Echo, and integrate
Atom movie ticketing in Google search
and Facebook. Atom Tickets also
announced a partnership with the
Honda Innovation team to develop
movie ticketing for their Dream Drive
Project.
www.insightssuccess.com 2019| 17July
The growth of China and Japan as leading markets
for the Pharma and Biotech industry has made
language an important factor for companies looking
to be successful in global markets. Moreover, emerging
markets in non-English speaking countries such as Brazil,
Russia and Turkey has only increased the need for
“Strategic Language Partnerships”. Navigating through
regulatory requirements and Clinical Trial documentation in
foreign languages seem like a daunting task just from the
sound of it. An increasing number of companies prefer to
outsource the language requirements in order to speed up
approvals and decrease rejections.
With the current trends in the Pharma and Biotech Markets,
we suspect the need to only increase. There are four definite
areas that point towards the prominent role of language in
the coming years.
Emerging Markets have More Promise
Since established markets in US and Europe have very little
room for smaller players, SMEs are growing more
confident that growing markets are a better investment.
Pricing pressures and slower growth means that Big Pharma
companies are also evaluating untapped markets. Among
the top emerging markets, BRIC economies stand out the
most with the probable addition of Mexico and Turkey.
While China is already competitive, the others in the list are
viewed as geographies with tremendous opportunity.
However, growing economies have their own challenges.
Underdeveloped infrastructure and unique regulations mean
that entry and success in these markets are more complex
than they may seem. Seeking drug approvals in different
geographies also means that Pharma companies will have to
process multiple sets of clinical trials in each country. With
the probable exception of India, other regions won’t have
English as their language of choice which makes language
intervention an absolute necessity.
The Increasing Involvement of China
The recent regulatory change in China has paved the way
for more globally accepted drugs to be launched in China.
However, they will still need to undergo the regulatory
process as usual. We expect an increased effort from
Pharma companies to launch more drugs in China which is
the second largest Pharmaceutical market in the world.
Biotech is also booming in China with the help of conscious
Government support. There seems to be no shortage of
investment either in this regard. Hence, you can expect
BioTech companies to have a keen interest in expanding
their focus to China in the coming years. Based on this, we
foresee the demand for translation between English and
Simplified Chinese to rise in the near future. Also, it will be
wiser for companies to outsource their documentation
requirements since adhering to the stringent protocols in
Chinese will not be easy.
The Rising Influence of the Patients
As patients become more aware and educated about the
drugs they take, Pharma companies are forced to consider a
patient-first business model to cope with their dynamic
expectations and demands. Companies are considering
smartphone apps and online portals to stay connected with
patients. With more sophisticated technological options
being made available with every passing day, a range of
health services can be offered to patients at their
convenience. These tools also serve as a great way to
acquire patient data, maintain them and gain useful insight.
4 Trends that will make
Language Solutions a big part of
Biotech and Globalization
www.insightssuccess.com20 |July 2019
However, replicating this approach in other geographies
will need language support. App and Software localization
requires deep understanding of cultural nuances in order to
be executed successfully. Apart from this, promotional and
informational collateral also need to be tailored and edited
in order to appeal to consumers in various geographies.
This not only includes physical collateral but also digital
materials. Hence, as the focus shifts to the patient, there is
certainly a rise in demand for language solutions expected
from Pharma and Biotech companies.
Managing the Digital Baggage
While e-pharmacies are still in their infancy, there is
enough reason to believe in their success in the near future.
Globalization plans for e-pharmacies, is a long way away
from being a topic of discussion. In the meanwhile, Pharma
and Biotech companies still need to maintain their digital
presence whose importance continues to grow in the grand
scheme of things. This includes websites, social media
positioning and online reputation management (ORM)
among others. In recent times, we’ve received an increased
demand for translation of marketing materials from
companies like Abbott Healthcare and other Fortune 500
companies.
As pharma and biotech companies look to build their
presence across different geographies, they will need to
think about how they can take their digital assets along.
Maintaining brand positioning and brand image across
multiple regions is always going to be a challenge.
Moreover, failure to understand cultural nuances and
demand can be a cause for stunted growth. Companies that
have the foresight to see the importance of a language
solutions partner at this stage will have greater chances to
succeed in new geographies.
About the Author
Shilpa Mittal, CEO of Ulatus,
Ulatus is one of the world’s
foremost language solutions
providers. Shilpa is honoured
with the prestigious
“Best Woman
Entrepreneur 2017"
award by Golden Bridge
in San Francisco.
Industry Glimpse
www.insightssuccess.com 2019| 21July
hat do we call an area that is not limited to a
Wsingle planet and has no physical boundaries?
We call it the era of the emerging space resource
industry. As humans, we became a spacefaring species 60
years ago when Russia launched Sputnik, the world’s first
artificial satellite. We are the only species to achieve this
milestone in the 4.5 billion year history of the earth. Later,
the space industry began to develop after World War II, as
rockets and satellites later found civilian purpose.
Today, companies around the world are in transportation,
energy sector, construction, hospitality, real estate, etc. and
they are looking for their next growth opportunity. Space is
quickly becoming a place where the industries that power
our global economy have started conducting business.
Future developments in the space industries include space
tourism, satellite manufacturing, and the launch industry. In
recent years, however, private spaceflight is becoming
reality in the space industry.
Of course, these private companies also compete against
each other and it could be argued that a new space race has
begun. But while with an element of competition, the
success of the past decades shows that is possible to
collaborate in space. For example, NASA a major
government agency has relied on privately operated launch
services like SpaxeX for its satellite launches. The original
space race began from the ideas and skills of visionary
theoretical engineers like Robert. H. Goddard, Wernher von
Braun, and Konstantin E. Tsiolkovsky, etc. Today, space
endeavors are propelled by a new generation of
entrepreneurs including Elon Musk, Jeff Bezos, and Robert
Branson. There are some more major players and
innovative companies with the vision of space exploration
and are as follows:
SpaceX- SpaceX was founded in 2002 and has reached
worldwide popularity with their historic milestones in space
exploration. It is already the world’s most high-profile
commercial spacecraft company. The aim of SpaceX is to
revolutionize the space technology, with the goal of
enabling people to live on other planets. Its success has
been worth appreciating. Falcon 9 launch vehicle and
Dragon Spacecraft are some of its milestones. Dragon
Spacecraft has helped with regular resupply missions for
NASA space stations.
Blue Origin- It was founded in 2000 by Jeff Bezos, the
technological retail entrepreneur and CEO of Amazon, aims
to launch people in space. It is fully reusable, vertical
takeoff vertical landing (VVTL) space vehicle. Though its
goal is different from that of SpaceX, it targets the Space
tourism industry. It is focusing on commercially available,
suborbital human spaceflight and has developed a vertical
launch vehicle (new shepherd) for it. New shepherd is
named after the Mercury astronaut Alan Shepherd, the first
Innovative
Companies
in the Space Industry
www.insightssuccess.com22 |July 2019
American Astronaut to go in Space. It is designed to take
astronauts and research payloads past the Karman line, the
internationally recognized boundary of space.
Boeing- Boeing is the world’s largest aerospace company
and leading manufacturer in space and security systems.
Throughout the last 50 years, Boeing has been integral in
every major endeavor to escape earth’s gravity. The satellite
industry has made the headlines since the launch of its first
Mercury capsule to the current ISS (International Space
Station).
NASA’s Space Launch System (SLS) is the most powerful
rocket ever built. Boeing is the prime contractor for the SLS
design development, test, and production of the launch
vehicle. SLS is the world’s only super heavy rocket capable
of transporting astronauts to deep space. NASA is setting its
eyes on the exploration of Mars with the help of Boeing
technology. Boeing has successfully launched all of
NASA’s Mars probes and rovers aboard Delta 11 launch
vehicles. Recently Boeing engineer designed a spacesuit to
protect astronauts from dust, radiation and other hazards
when exploring the surface of moon and mars.
Sierra Nevada Corporation- Selected by NASA, SNC’s
Dream Chaser spacecraft is a multi-mission space utility
vehicle. It used for transporting crew and cargo to LEO
(Low Earth Orbit) destinations such as ISS (International
Space Station). The system is designed to deliver up to
5,500 kg of pressurized and unpressurized cargo to the
space station under the CRS (Commercial Resupply
Service)-2 contract. It will carry supplies like food, water,
& science experiments and returns to earth with a gentle
runway landing. The spacecraft is selected by NASA to
provide a minimum of 6 cargo missions to and from the
space station by 2021. Sierra Nevada Corporation is making
solid progress and likely to stay a key player in the private
space company.
Northrop Grumman Corporation- NGC is a leader in
science and exploration in space for more than 60 years.
Thiokol Chemical Company, now part of NGC developed
the world’s first reusable space shuttle program in the late
1970s.
Contribution to NASA: July 20, 1969, was a historic day
when the world watched, astronaut Neil Armstrong took
mankind’s first steps on the moon. The success of NASA’s
Apollo 11 mission is still remembered and celebrated.
Several heritage companies of NGC are recognized for the
vital role they played in the achievement of the Apollo 11
mission. NGC designed, assembled, integrated and tested
the Lunar Module (LM) of the Apollo program.
NASA’s Northrop Grumman built Chandra X-ray
Observatory and it continues to produce data that enables
astronomers to make extraordinary discoveries. Launched
in 1999, Chandra has found evidence for a significant new
class of supernova. It has also uncovered evidence of a
powerful outburst from the giant black hole at the Milky
Way’s center.
NASA has a long tradition of utilizing Northrop
Grumman’s spacecraft, including the Spirit and Opportunity
rovers that landed on Mars in 2004. The rovers will help
guide the Mars as it investigates the viability of microbial
life on the planet now or in the past.
NASA’s James Webb Space Telescope will play an
important role in studying planetary systems. NGC is the
prime contractor for building the dreams of Webb
technology. The telescope will be sensitive to infrared light
which will enable it to understand an era of the universe
just a few million years after the Big Bang.
Made in Space- MIS is the space-based manufacturing
company, dedicated to making of reliable Additive
manufacturing equipment and fiber optics (MIS Fiber) for
Space. Additive manufacturing is also known as 3D
Printing and is transforming the industry. It can
manufacture larger and more complex objects faster, with
finer precision and with multiple aerospace grade materials.
MIS Fiber Optics, on the other hand, is produced without
crystals that affect signal loss. Later, these crystals provide
superior data transmission capabilities, high-speed internet
as well as enhancing technologies in space.
Virgin Galactic- Virgin Galactic is a spaceflight company
founded in 2004 by British entrepreneur Sir Richard
Branson. It is developing commercial space crafts and aims
to provide suborbital spaceflights to space tourists. VG uses
a larger, four-engine jet plane that carries passengers into
space. It is similar in design to a private plane. These
private space firms seem to have different interests in the
space race, but actually, these companies share the same
goals.
Looking at the future, there will be a need for laws,
regulation, and controlling authority to govern space
exploration. It will be necessary to have firm and well-
understood protocols in the event space crashing, while
there are serious issues around the safety of astronauts as
well. At the moment, the UN’s Outer Space Affairs is
responsible for promoting international cooperation in the
peaceful uses of outer space. Perhaps, the entry of the
private sector into space exploration will contribute to the
growth of the economy as valuable targets for investment.
However, it will be interesting to see how healthy
competition opens up in the development of the Space Era
for Citizens.
Infrastructure Transforma on
www.insightssuccess.com 2019| 23July
Advancing Business Process through Digital Transformation
Futurism Technologies
A Visionary Being
Sheetal Pansare, President and Global
CEO of Futurism Technologies, Inc.
have been the leading figure in laying a
culture in the organization where
members not only accepts digital
transformation but grabs on to it with
both hands. Today, Futurism is a
change-ready organization that can
adapt much quicker than ever before.
He was also the face behind
Dimensions, a unique service offering
from Futurism. Dimensions is
envisioned to build better products and
experiences for customers, developing
go-to-market approaches and inventing
disruptive new business models—all to
generate new growth, meaningful
differentiation, and real economic value.
Optimal Solutions with Emerging
Technologies
Futurism Technologies includes design
offering emerging technologies such as
Artificial Intelligence, Machine
Learning, Blockchain, Internet of
Things, Robotics & Automation,
Augmented Reality/Virtual Reality,
Data Analytics, Cloud Computing and
more. A key component in offering is to
engage customers with workshops,
leading towards people-centric
innovation and using design thinking to
produce and test new concepts and
solutions. The company is driving man-
machine collaboration to solve complex
business problems by using a
combination of human creativity &
intelligence, usage of ubiquitous data
and powerful algorithms and plentiful
computing.
The organization’s business service
offerings focus on processes, efficiency,
and collaboration, both internally and
through designing new customer
experiences. Typical services include
Application Development &
Maintenance, Infrastructure
Management, Product Engineering, IT
consulting and a broad range of
technology and solutions offerings. The
company is in a unique position to
combine user experience and interaction
design with its digital native and
technology expertise which is
guaranteeing feasibility and easy
implementation for the customers.
New digital opportunities enable
innovation and create new business
models. At Futurism, it offers digital
transformational services such as
Innovations and Concept workshops,
change management drives, and
strategic consulting sessions.
Recognizing that the journey of digital
transformation and innovation requires
team support, Futurism strives to
always put together experienced and
skilled teams that combine analysts,
strategists, designers, and technologists.
Making Failures First Step towards
Success
Be it goals, technology or people,
business requires transformation from
time to time and it is not easy. Futurism
has experienced failures and learned
that it is part of the process. Everyone
needs to understand this, accept this,
and communicate this to ensure that
failed projects every now and then don’t
hamper future attempts of
transformation.
According to the company, business
goals can’t be achieved successfully
In the business community, digital
transformation has become the
synonym of success. Adding
digital services in an organization’s
process can save valuable time and
money and helps in reinvent processes,
improve quality and promote
consistency. Taking this into
consideration, a leading digital
transformation company Futurism
Technologies, Inc. is helping to evolve
enterprises by providing a digital
platform in this segment.
Futurism Technologies combines its
deep industry knowledge with
technology and analytics expertise in
order to enable digital transformation
for enterprises and technology
providers. The organization delivers
seamless customer experience,
business efficiency, and actionable
insights through an integrated set of
disruptive technologies.
The company creates innovative,
digital-led transformational solutions
with clients across several industries. It
enables businesses in IT, Banking and
Financial Services, E-commerce,
Insurance, Travel, Education,
Healthcare, Manufacturing, Retail
Shipping, & Logistics and utilities to
grow their digital future and transform
their outcomes with operational
excellence.
Futurism Technologies has
successfully co-created and executed
the future vision of its 200+ clients
with the help of 350+ employees. The
global footprint of the company spans
across 5 countries with worldwide
delivery centres.
The
Tech Disruptors 2019
Nex
www.insightssuccess.com24 |July 2019
Dr. Isaac Andy,
Founder, CEO & Director
Should
Businesses
Adopt
Blockchain
Technology?
technology and supporting the initiative. The intention is to
provide decentralized solution and distributed ledger
technology for financial market infrastructures. Although
this does not mean that these countries will opt for full-
fledged Blockchain, further analysis of the safety and
efficiency of this technology is needed.
One of the most interesting and misunderstood concepts in
Blockchain technology is transparency, some say it gives
you privacy while according to few it is transparent.
However, this leads to some confusion about how privacy
and transparency can effectively coexist. In this article we
will clear how Blockchain balances the two concepts.
The identity of a user is concealed behind powerful
cryptography (encrypting and decrypting), meaning that
linking public addresses to private users is difficult to
achieve. Transparency of Blockchain comes from the fact
that the holdings and transactions of each public address are
open for viewing. It is possible through Explorer, an online
block chain browser which displays the content of
individual Bitcoin blocks, transactions and balances of
addresses.
Cryptocurrency and Blockchain are still relatively new
technology; companies are likely to pick up the right
Blockchain technology for the business. Blockchain
companies: Steem is like YouTube on Blockchain and has
attracted over 920,000 users who publish more than 1.5
million posts each month. Steem has also paid over $40
million in its digital asset via (cryptocurrency rewards) to
content creators. Ripple, Intellectsoft, and Celsius Network,
are some of the companies today, assured for success and
will be popular soon.
Centralized systems have treated us well for many
years, but if we see the vulnerabilities: money and
data is stored in one spot, this makes easy target for
malicious activity. What if central banks shut downs or goes
through software upgrade for whatever reason? It may halt
the entire system and nobody will be able to access the
information it possesses. Companies are starting to work
with Blockchain technology; some of them are using it in
the financial sector while others are trying to improve their
bureaucratic systems.
Countries like Singapore, China, Canada, etc. are trying to
offer a national digital currency based on Blockchain
www.insightssuccess.com28 |July 2019
We provide our
customers with
repeatable, proven
process that delivers
consistent end-results
regardless of project
scope or client.
“
“
With the emergence of
cryptocurrencies like Bitcoin,
Blockchain technology is disrupting
almost all markets, changing the way
we do our day to day business.
Bitcoins are digital coins you can send
through the internet, its software is
completely open source and you can
trade your currency exchanges with
dollars, euros and more. It’s very much
still an experimental currency and a
high risk for consumers and investors,
but the Bitcoin design has been the
inspiration for various other
applications.
Effectiveness of Blockchain
technology in the following areas in
future:
Smart Contracts- The most critical
area where Blockchain helps is to
guarantee the validity of a transaction
through secure validation mechanism.
Contract is where consent of the parties
is involved to agree and interact with
each other. Industries and institutions
are heavily reliant on contracts, such as
insurance, financial institutions, real
estate, construction, entertainment and
law. A smart contract can formalize the
relationships between people,
institutions and the assets they own.
They eliminate the need for trusted
third parties and are self-verifying,
self-executing and Tamper resistant.
A smart contract is like a cryptographic
box that contains value and only
unlocks if certain conditions are met.
Once involved authorities and
companies are on a Blockchain, a
smart contract could be used to define
the rules of a valid deal.
Supply chain management- A
Blockchain is a digitalized,
decentralized and incorruptible public
ledger that can transform supply
chains, industries and ecosystems. The
following applications are now in use
or can be implemented in supply chain
using Blockchain technology:
Automotive supplier payments- It is
exciting to see cryptocurrency in the
automotive industry. There are also
suppliers and websites available for
buying and selling cars with Bitcoin,
which allows transfer of funds
anywhere in the world without the
need for traditional banking
transactions, as transactions are made
directly between payer and payee. It is
also secure and rapid, transfers also
incur lower fees. However, buying a
car from a random individual is
considered a bit risky.
Food Traceability- Satoshi Nakamoto,
inventor of Blockchain technology
aimed in creating decentralized ledger
leaving behind open source software
that the users would be able to update
and improve. Companies can use
distributed ledger systems to record
product status at each stage of
production. As the records are
permanent and immutable, they make
it possible to trace each product to its
source.
Food volumes such as coffee, tea, oils,
sugar and beans are almost impossible
to track. Blockchain technology
enables the tracking of food packages,
by a unique identifier such as barcode,
QR code or RFID transmitter. The
benefit from using Blockchain is that
no central party needs to be trusted in
order to overlook the data, while still
allowing volumes to be transparent for
everyone in the chain. An area of
concern within the food industry is that
many food products are small and
inexpensive; there is a risk that
tracking of every package and seed can
become expensive. Blockchain enables
integration of simple hardware and
cheap software and is ideally suited for
managing the process.
Supply chains have already started
using Blockchain in some areas of their
operations like electric power micro
grids and cold chain monitoring.
However, transformation of supply
chains will not happen overnight, new
doors may open to faster more
intelligent and more secure process
throughout the entire supply chain.
Criticisms and challenges:
Huge electricity required- Remember
all the power required to verify
transactions demand electricity. In
order to unleash the power of
Blockchain technology, computer
scientists need to solve this big
problem.
Security about the private key-
Private Key must remain secret at all
times because revealing it to the third
parties is same as giving them controls
over Bitcoins secured by that key. Also
the key must be backed up and
protected from accidental loss, because
if it is lost it cannot be recovered and
the funds secured by it are forever lost,
too.
Extremely volatile- Decentralized
Blockchain technology and virtual
currencies are extremely new to the
market. Fluctuating prices of Bitcoin
vary from day to day because
companies, investors, and governments
adopting or not adopting them greatly
affect the volatility.
Blockchain will be an important part of
our financial and technological digital
future. It is one of the incredibly
creative inventions that technology has
ever seen. So how we use it is up to us.
Some companies such as
Overstock.com and Telsa have already
started accepting virtual currencies.
However, it is still not apparent what
the retail leaders like Amazon and
eBay would do with the
cryptocurrency acceptance. But if they
start accepting then it could indeed
transform the global scenario.
Editor’s Choice
www.insightssuccess.com 2019| 29July
Companies in the North America are beginning to
see the Asian market for what it is: A consumer
gold mine. Any global company that does not at
least try to penetrate into this market is at a major
disadvantage. Yet, there are still a vast number of them that
are not willing to ‘launch out into the deep’. This is mainly
due to concerns about bringing their product to a largely
unknown foreign market.
One of the most worrying factors is Cyber security. For
example, a US online retailer needs to know that their
product can be safely shipped and delivered to its Asian
customers. This means maneuvering through the logistics
and custom duties of both countries. Once this issue being
sorted out, then the challenge of having a secure payment
method is the most important component. The transactions
would have to be completed online and you will need a
trust worthy payment provider.
Making the Jump
It is true that launching your product to another country or
region is a huge project. The culture is so diverse that there
is a fear of a policy problems, culture differences,
competition etc. There are few companies that can make
this process much easier. The key is to partner with industry
experts who already know the cultural challenges of
penetrating the markets. Take for example, AsiaPay which
is one of the top electronic payment solution and
technology providers in the Asia pacific region.
AsiaPay is an ISO certified payment service provider in
Asia. We provide a one-stop comprehensive payment
processing in the Asia-pacific region (multi-acquirers and
local settlement) and across various prevailing alternate
payment methods and channels. This is especially the case
for Asia where payment is very different from the West.
While Americans and Europeans are still attached to cash
and credit cards, China has ditched them both. The major
payment method is directly through one’s phone through
applications like WeChat and AliPay in China. AsiaPay has
the widest payment processing and settlement network of
‘Credit Card Acquirers’ and ‘Alternative Methods of
Payments’ across 14 countries. This enables the
organization to provide merchants, banks, and other
payment providers the best combination of payment
methods per country based on local infrastructure and
consumer preferences.
Besides, AsiaPay has specifically designed its payment
gateway platform to deliver unparalleled security,
customizability, scalability, and reliability. It is also one of
the few providers in Asia to be certified as Level 1 PCI
DSS. Importantly, AsiaPay’s bank-grade security is
recognized by acquiring banks and card associations
worldwide.
Presently Asiapay is processing a total of 144 currencies
in global transactions in real time. This creates simplicity
for the merchant who is able to use one base currency for
multiple currency processing. It also creates transparency
for the customer who can see a clear currency conversion
to his or her domestic currency. This is very crucial in the
checkout process. If the customer can see a near accurate
price, they are more comfortable purchasing the product.
Partnering with companies like AsiaPay makes the
transition process significantly easier and provides a
streamlined system for analyzing payment data.
In summary, North America’s online retailers should
consider having a strategic entry plan into the Asian
market. Without doubt, Asia is the new super power in
terms of population growth, economics and purchasing
power.
A Focused and Clear Vision
AsiaPay has achieved tremendous success in a short span
of time. A large part of the credit goes to its founder, Mr.
Joseph Chan, who is also the CEO of the company. He
established AsiaPay in August 2000 and led both
management and product development during the
challenging early days.
He today contributes to the company by focusing on
strategic planning and management in the areas of
finance, electronic banking, and internet and mobile
product services.
Joseph has also contributed to the growth of the industry
by filling the role of an inspirational and insightful
leader. His contributions to the industry has been
recognized with various awards and commendations,
including “China Outstanding Innovative Entrepreneur
Award”, “Asia Pacific Entrepreneurship Awards 2013”,
“the Most Promising Entrepreneurship Award”, “EY
Entrepreneur of the Year 2014” award, “Cards &
Electronic Payments International (CEPI) Asia Disruptor
2016” Award, “2017 (Industry) Influential Leader”,
World Business Leader 2017– Award”,and 2018 ‘The
50 Most Influential Payment Professionals awards’.
Joseph work tirelessly to take AsiaPay forward with a
focused and clear vision of growth to guide the company
to becoming a leading global electronic payment
company.
Expert’s Outlook
www.insightssuccess.com 2019| 31July
Bringing Financial Accessibility for All
In the financial sector lending
money is followed by certain rules
and regulations. For an applicant
who desires to borrow money, it is
necessary to state the loan purpose and
display a satisfactory repayment
capacity. Although this necessarily
doesn’t show that an applicant is
eligible for borrowing, financial
bodies exercise in specific
manner and the process is very
time consuming and rigid. To
resolve this problem and improve
borrower and lender relationship
the P2P lending is becoming an
integral factor in the financial
system and breaks the financial
borders.
In P2P lending a person can
borrow money direct from any
individual who is interested in
lending. This process removes
the middlemen between the
lender and borrower and the role
of traditional financial institution
is eliminated. With the mission
of bringing more flexibility into
the financial sector a Swedish fintech
company called Lendify has become
the largest peer to peer lending
platform in Sweden and a leading P2P
financial service provider. The
company operates an online
marketplace platform that connects
borrowers with investors – without the
involvement of banks or credit card
companies. It offers better terms for
borrowers and solid returns for
investors. By connecting borrowers
with investors, the company aims to
create a better economy for everyone.
Combination of Innovation and
Uniqueness
Lending to individuals which exhibit a
good credit score is a well established
form of investment with a long history.
What Lendify adds to this market is
accessibility and distribution. By
utilizing the latest technology, the
company is able to connect individuals
seeking returns on their investments
directly with borrowers asking to lend
money. All disbursed loans are
collateral free. This means that
predictable default rates are of utmost
importance for the investors. To
ensure a reliable and trustworthy
credit evaluation process, the
company has chosen to involve
technology. One example is
using an automated
technique called
“scraping” which
enables Lendify to
identify and act
upon probable risk
prone behaviour
sourced from the
potential
customer’s credit
card statement. If
such behaviour is
detected the company
can decline the loan
application. This serves a
double purpose which is
protecting the investors from future
credit losses while reducing the over
indebtedness of borrowers. Lendify’s
credit model is conservative and
roughly only 10% of the applicants are
granted loan.
We create better
terms for borrowers
and deliver solid
returns to investors.
By removing the
banks from the
equation we can all
achieve a smarter
economy together!
“
“
www.insightssuccess.com32 |July 2019
The
Nex
Erik Wikander
CMO & CPO
Lendify rewards is another example of the company’s
innovative solutions. In short it is a unique incentive
program developed for the borrowers. The ambition is to be
a positive force in helping Swedish households improve
their knowledge about, and commitment to, a sound
financial situation. The rewards are built on the principles
of gamification and include several levels that can be
achieved through meeting certain criteria. One critera is
making the payments on time and if the borrower
successfully pays before the due date a certain amount of
points are awarded. Another way of gaining points is
through taking courses in Lendify’s finance school.
Awarded points can later be exchanged for a lower interest
rate which makes the incentive program very compelling
for the borrower, while at the same time increasing their
knowledge, skill and payment discipline. Through increased
education and customer loyalty the company’s low existing
credit losses can decrease even further.
A Marketing Chief
Joined Lendify in June 2017 and has been part of the team
that made the company achieve more than 2 BSEK in
originated loans. Erik Wikander is the Chief Marketing
and Product Officer at Lendify, where he leads marketing
function as well as the product development team,
identifying technologies that can improve customer
experience and operational efficiency.
Leading with Success
According to the Lendify “the challenge is building scalable
technology where the landscape is changing due to PSD2
and keeping up with open banking developments, while at
the same time maintaining the existing platform.” Since
2014 Lendify has lent more than 2 billion SEK to
borrowers. The global audit and consulting firm KPMG lists
Lendify as one of the 100 most successful Fintech
companies worldwide. It is one of 3 companies on the list
from Sweden, together with iZettle and Klarna.
Higher Efficiency in Banking
Open banking will radically change customer experiences
within banking, and is something that will enable Lendify
to create even more and innovative customer solutions. The
company sees itself as a long-term and serious challenger to
the traditional banks. It wants to leave the banks behind, cut
out unnecessary middlemen and provide a modern,
customer centred and digital platform to make the Swedish
loan market more efficient.
Erik Wikander
CMO & CPO
www.insightssuccess.com 2019| 33July
Tech Disruptors 2019
Secure Your Network with Intelligence
Cyber
Security
www.insightssuccess.com34 |July 2019
At present, cyber security is
playing a vital role in the
digital world and it is also
known as a standard technology use
for the protection of cyber
environment of an individual or any
organization. It is mainly known for
security culture which includes user
network, drives, software process,
information storage, application
security and system support which is
directly or indirectly connected to the
network. The prime objective of
cyber security is to reduce
continuously growing cyber risks and
cyber threats.
Cyber security technology consists of
a collection of tools, policies,
security concepts, risk management,
actions, and training. The technology
tracks protected networks, data
security from data attack, along with
cyber security and physical security.
The core functionality of cyber-
security is based on techniques
involved protecting information and
system from cyber threats.
How Cyber Security came into
Existence?
As with the history, cyber security
has huge network background with
its own findings and technology
aspects. In the early 1990s, a
research on information security and
policy was been introduced where
information was in the form of
accuracy and based on system
awareness. Under 2016 survey, 70%
of the organizations in the US were
adopted by US Security survey
which is comprised of NIFT
(National Institute of Standards
and Technology)
Cyber-security framework.
Origins of Cyber Security Platform
Cyber security is defined as a
package of safety solutions which
provides major security processes.
There are many sectors which are
consuming cyber security platform as
its major functionality for web
service network. The fundamentals
of cyber security process are,
Ÿ Application Security
Ÿ Information Security
Ÿ Network Security
Ÿ Operational Security
Ÿ Application security is covered
with technology that measures the
feasibility of the application by
finding, fixing and preventing
security exposers. There are
different techniques which are
being used as security platform to
emphasize safety at different
stages of the application cycle.
Application cycle includes
different segments such as design,
development, deployment,
upgrade, and maintenance. The
standard of security process is
consequently changing and
application cycle has also a
different process with different
standardization.
Techniques used in application
security are mainly focused on
its exposer of the application
security. Whitebox security is
used for reviewing the source
code and noticing security flaws
of the application through
manual functionality. Blackbox
security audit is used for testing
security functions where source
code is not needed.
Design review is used as an
application of threat model, and
works before the code is written.
And Tooling is the technique
which includes automated tools
that test security flaws with
higher positive rate.
Ÿ Information security is a core
source of information which is
confidential, integrated and easily
available. The primary focus of
this security process is to the
stable data protection while
maintaining a focus on efficient
policy application. Risk
management process is achieved
by identifying assets, threat
sources, and vulnerabilities and is
also followed by the effectiveness
of the risk management plan.
Information security mainly
works on confidential information
which is highly entitled to the
process.
Ÿ Network security sets a variety
of computer networks, used in
both public and private sector. It
also includes conducting
transactions and build
communications among
businesses, government agencies,
and individuals. All networks are
divided into two sections, private
network and public network.
Private networking is used
within the company and public
network access relates to the
open source network. This
security culture is highly
involved in most of the
companies, enterprises, and other
types of institutions. It is mainly
used for protecting and
overseeing the operations. The
Securing Future
www.insightssuccess.com 2019| 35July
network resource is relatively protected by assigning a
unique name and a corresponding password. The process
is concerned with authentication of username and
password which implements its security concept.
Ÿ Operational security is a process that identifies
information which is critical and easy to determine by
competitor intelligence. It protects individual piece of
data that could be grouped together to give a proper
set of information. It includes critical information
essential for military commanders, senior leaders, and
higher management. The whole process also includes
technical and non-technical measures such as, use of
email encryption software, taking precautions against
spying data and securing confidential information not
to be shared on social media platform.
Operational security is a five-step process which
assists any organization to specify required
information,
Ÿ Identification of critical information
Ÿ Analysis of threats
Ÿ Analysis of Vulnerabilities
Ÿ Assessment of Risk.
Securing Organization Processes
Cyber security process plays a crucial role to impact
information security of the organization. It also explores
the “Relationship between Organization Culture and
Information Security Culture” and contributes into the
organization’s protection as well as maintains all kind of
information. Security process is a never-ending process
in which information is used as a resource tool to
manage statistics security culture.
The security process served five-step processes including
pre-evaluation, strategic planning, operative planning,
and implementation. The pre-evaluation process
identifies the awareness of information security within
employees in the organization. Strategic Planning offers
healthier awareness program where target gets sets
according to the grouping of people. Operative Planning
provides good security process which can be established
based on internal communication, security awareness,
and a training program. Implementation is four stage
process used as security process to implement
information. The process is used for management,
communication with organizational members, and
current employees.
Enhancing Future with Cyber Security
Cyber security is aggressively contributing to the IT field
concerned with reducing organization’s risk and data
break. According to research in 2016, 46% of
organizations carry “problematic shortage” of cyber
security, and is increased by 28% compared to 2015.
Also, government, commercial and non-governmental
organizations use cyber security for better and secure
platform.
The demand for cyber security is increasing rapidly as
professional security worker in all industries are
managing the volume of consumer data of finance,
healthcare, and retail. However, the use of the term
“cyber security” is more popular in all industrial areas
that will help organizations with security process culture.
Conclusion
Cyber security is equally important for local, state, and
central government as these organizations maintains a
huge amount of confidential data and records concerning
the country and its citizens. Yet there are many
government and commercial organizations that face
difficulties in protecting the confidential data due to lack
of inadequate secured infrastructure, and lack of security
awareness.
www.insightssuccess.com36 |July 2019
The word ‘home’ itself conjures
the feeling of coziness and
comfort. Now the concept of
home is changing, and so are the
construction trends. Today’s
homeowners have different priorities
than homeowners of the past. Meeting
those demands in an affordable way is
increasingly challenging.
Advancement in technology brings
flexibility in residential construction
market where costly time-consuming
projects are now completed more
quickly and cost effectively. Prescient
Co Inc., a digital design-build
construction company is transforming
the shape of residential construction
through emerging technologies with its
vision of attainable housing for all.
In the construction business,
multifamily construction is plagued by
rising costs, decreasing productivity,
acrimonious relationships between
participants with slim margins, all
while the need for attainable housing is
increasing globally. Prescient’s mission
is to revolutionize this environment.
Prescient is the only digital design-
build company which harnesses
proprietary technology to link the
discrete disciplines of architectural
design, engineering, manufacturing
and construction. It creates an efficient,
transparent, coordinated and
collaborative process in the building of
up to 180-foot light gauge steel
structures in multi-unit housing and
hospitality. The company accomplishes
this through standardized design, data
sharing, precise off-site manufacturing,
just in time and accurate placement of
inventory on site, with a QR-coded
framing component system for
rapid assembly.
An Ideal Service
Prescient has a proprietary digital
thread technology that links the entire
design, planning, engineering,
manufacturing and assembly process of
multifamily construction. This
approach significantly reduces the
time; cost and risks associated with
typical development projects. The light
gauge steel building components are
manufactured at state of art facilities to
tolerances less than 1 mm. It’s a
combination of software and hardware
solutions that continue to evolve to
meet a greater set of customer and
industry needs.
Prescient’s design and engineering
team will integrate with the rest of the
project design team including
providing the necessary information
for the design and engineering of the
foundation and/or podium of the
project. They will produce the required
stamped drawings and calculations at
all major design milestones.
Prescient’s automated production of
the building super structure provides
the ideal platform to model other major
building systems economically and
effectively. The structural model can be
produced very early during the design
phase, enabling more accurate
information to be available when it is
most needed. The company also offers
additional modeling services that can
lead to significant cost savings by
streamlining project coordination,
eliminating conflicts on site, and
providing more accurate information
for detailed pricing exercises.
A High Flying Executive
Magued Eldaief spent 27 years as a
senior executive in GE before arriving
as Prescient’s CEO in 2017. He has
built a world class leadership team
from within the industry coupled with
executives from other industries with
deep functional experience. He has
been instrumental in improving project
and manufacturing execution and
defining a clear technology and
investment roadmap.
Striking Appearance
Since its inception, Prescient has
grown from a few employees with a
6,000 SF pilot plant in 2013 to 400
employees and two 120,000 SF plants
with 12M SF of annual production
capacity. It has completed 37 buildings
and over 5.9M SF of residential space
and discovered additional customer
needs with every project. This has led
the company to launch many new
products such as integrated stairways,
elevators, metal decking, balconies and
now external sheathing. Each of these
new products has helped to reduce the
time and cost of completing projects.
Enticing Strategy
Prescient’s system touches and affects
not only the developer, architect and
GC but also all the MEP trades
working on the building. In many of its
early projects, it was able to assemble
the building at its accelerated pace (up
to 20k SF/week) but the other trades
weren’t prepared to keep up. Thus, the
developer and GC really didn’t save
anything from the speed at which the
company framed the building. Now,
the company holds pre-project summits
where the GC brings all the trades to
one of its current sites and describes
how the project will work. The
company makes sure everyone knows
what to expect and how to organize
their teams to operate at a pace
consistent with it.
Comprehensive Future Offerings
In the opinion of Prescient, upcoming
tech solutions will be addressing more
and more of the industry’s needs and
customer pain points. That’s why
Prescient continues to innovate to
solve a greater proportion of customer
and industry challenges and will soon
launch new digital portals which will
bring even greater power and ROI to
developers. The system has just
recently been accredited to build
structures up to 65 feet/5 stories in
seismic regions. The first seismic
project to feature the company’s
approach is the 1.4M SF UC Davis
student housing project. It’s the largest
www.insightssuccess.com 2019| 39July
Comprehensive Cybersecurity Platform for the Digital-Era
The
Tech Disruptors 2019
Nex
With a clear vision of delivering “Comprehensive
Cybersecurity for the Digital Era” and solving
the biggest cybersecurity challenges faced by
digitization, Seceon came into existence back in 2015.
Unlike the siloed solutions, Seceon’s platform was built
ground-up to proactively detect breaches and threats via
comprehensive visibility of all assets (users, applications,
services and hosts and their interactions), and automatically
contain and eliminate those threats in real-time.
Seceon’s team is all about “Cybersecurity Done RIGHT”
and making it happen each and every day. The company’s
mission is to empower organizations of all sizes to
proactively detect and automatically contain and eliminate
breaches and threats in real-time. Its continued goal is to
give customers the best comprehensive cybersecurity
solutions, so that they can focus on their core business
instead of worrying about cyber-security.
Solutions that are Making Internet a Safer Place
When it comes to solutions, Seceon provides industry’s first
fully-automated solutions offering real-time, proactive
threat detection, containment and elimination for all threat
categories including Cybercrime (malware, ransomware,
spyware, APTs), Insider threats (compromised credentials,
insider threats, privilege misuse, UEBA), Denial of services
for applications & protocols, Vulnerability exploits for
web/emails/OS applications, Data breaches and exfiltration,
Detect IT mistakes, IIoT/IoT Cyber-security, IDS and
Network Behaviors.
The company offers two solutions: aiSIEM™ and
aiMSSP™ built on its award-winning Open Threat
Management (OTM) Platform.
TM
Ÿ Seceon aiSIEM goes beyond traditional SIEM and
eliminates the need for adding multiple silo solutions. It
ingests raw streaming data – logs from all devices, OS,
Apps and Services in the ecosystem, flows and
subscribes to Microsoft® Windows® Active
Directory™ service – from Cloud, Endpoints and other
IT data sources.
Ÿ Seceon aiMSSP™ enables Managed Security Service
Providers (MSSPs) to offer outsourced security services,
including 24x7 security monitoring, threat intelligence,
and proactive threat detection, elimination and
containment in real-time, at a nominal and predictable
costs.
The Passionate Leader
Chandra Pandey, the Founder and CEO of Seceon, is
passionate about cybersecurity and is renowned for
developing innovative solutions. He holds multiple patents
in security, networking and computing. Chandra works
closely with customers to define and address the problems,
implications, and solutions for defending corporate assets in
today’s highly-connected enterprise.
Chandra realized from the start that in order to really help
the industry, Seceon would have to develop the best
possible cybersecurity platform for enterprises and small-
to-medium businesses (SMBs). It would also need solutions
that worked instantly out-of-the-box, were easy for
enterprises to manage, and were affordable for even small
businesses which are increasingly targeted by cyber
criminals because they often don’t have the expertise or
resources to stop attacks. Thus, Chandra and his team
created comprehensive, cost-effective and quick to deploy
cybersecurity solutions that would solve the tough
cybersecurity issues companies have been struggling with.
Chandra fosters continued innovation at Seceon by
empowering all team members with decision-making
capacities, advocating open and respectful communications,
and building a culture of continuous improvement.
Seceon’s award-winning solutions are the result of 50+
passionate professionals on mission to do Cybersecurity
Done RIGHT, instead of doing another “me too” product.
When Eliminating Cybersecurity Threats is Prime
Target
Since the launch of its platform back in 2016, Seceon has
won more than 80 cybersecurity awards including the
recent 2019 Cyber Defense Magazine for “Hot Company
MSSP Platform InfoSec Award”, “Next Gen Security
Information and Event Management (SIEM) InfoSec
Award” and 2019 Info Security PG’s Global Excellence
award for Best SIEM Solution.
www.insightssuccess.com42 |July 2019
Seceon empowers organizations of any
size to proactively detect and
automatically contain and eliminate
breaches and threats in real-time
The company gained recognition from leading industry
influencers including 451 Research, Ovum, Enterprise
Management Associates, IDC Research, CSO, International
Data Group, Markets and Markets, and Solutions Review.
In 2019, Seceon aiSIEM was named as a leading solution in
the “EMA Top 3 Decision Guide for Security Analytics.”
Team Seceon has also built an award-winning channel
partner program, steadily increasing and solidifying
Seceon’s network of more than 50 US and international
Managed Service Providers, value added distributors and
reseller partners.
Seceon continues to be laser-focused on eliminating cyber
threats and staying ahead of cybercriminals by adding
innovations to its aiSIEM and aiMSSP “Comprehensive
Cybersecurity for the Digital-Era” solutions. Seceon’s
culture helps spur its progress and innovation. Its culture is
based on a strong passion to deliver on Seceon’s vision of
“Cybersecurity Done RIGHT,” mutual respect for its peers,
and an insatiable appetite to solve the digital era’s most
urgent cybersecurity challenges.
Tackling Challenges and Preparing for the Bright
Future
As a 100% channel-driven company, Seceon was initially
challenged by partners whose processes and approvals
required longer cycles to reach customer engagement. Over
time, Seceon learned how to identify and partner with
managed services providers (MSPs) and managed security
services providers (MSSPs) that are equally vested in
Seceon’s goals and motivated to quickly achieve them.
According to Seceon, traditionally, enterprises have built
their security posture by layering multiple security tools
from firewalls, SIEM, User Behavior Analytics, SOAR,
EDR, DLP, Email/Web Filtering, etc., and having a well-
trained SOC team. But the truth is that this doesn’t do the
job. Despite deploying these tools, enterprises still get
breached and face malicious attacks causing data frauds on
a day-to-day basis. With the shift towards cloud computing
and IoT, the attack surface is growing exponentially.
Additionally, in the face of advanced threats and increasing
attack vectors, stacked silo solutions presents a false sense
of “zero-trust” security that no longer suffice.
These disparate silo security solutions are also inherently
not designed to work together and, thus, leave holes that
can be easily exploited by the attackers. Attackers leverage
these gaps to intrude into the enterprise and then work their
way deep inside. Seceon was founded with a clear vision of
delivering “Comprehensive Cybersecurity for the Digital-
Era” and solving the biggest cybersecurity challenges faced
by digitalization. Unlike these siloed solutions, Seceon’s
platform was created to proactively detect breaches and
threats via comprehensive visibility of all assets (users,
applications, services and hosts and their interactions), and
automatically contain and eliminate those threats in
real-time.
Chandra Pandey
CEO & founder
www.insightssuccess.com 2019| 43July
The next generation tech disruptors 2019
The next generation tech disruptors 2019
The next generation tech disruptors 2019

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The next generation tech disruptors 2019

  • 1. Diversified Fred D'Alessandro Founder & CEO Connecting Clients to Their Digital Future The Next Generation Tech Disruptors 2019 Vol. 07 Issue. 06 2019 Infrastructure Transforma on Innova ve Companies in the Space Industry Securing Future Cyber Security: Secure Your Network with Intelligence Editor’s Choice Should Businesses Adopt Blockchain Technology?
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  • 4. E arious modern disruptive technologies have changed the world for good. Nowadays, almost every aspect of our lives Vare being controlled by various technologies. Education is not an exception of this rule. Technologies like AR and VR are slowly becoming mainstream, and they are all set to change the face of education. I know! I know! Most of you might think VR is all about gaming experiences and entertainment. However, VR combines best of in person and online education that too in an immersive experience. Thanks to VR, its now very easy and cheap to visit various unthinkable scenarios. Think of something like a mechanism of a complex machine or a lost planet. Still VR has a very low adaptability rate, even in US, very few classrooms have VR tools. However, soon this will change as few forward thinking institutions have already started experimenting with this piece of technology. AR is another ground-breaking technology, which has the enormous potential to inject the much-needed value in the educational process. The best part is, AR uses cell phones to add a layer of information to the physical reality. However, due to various privacy issues, AR has’t witnessed the much-needed commercial success. Still, when it comes to the classroom, AR can help students to scan an equation and find various tutorials and solutions. Various museums and other organizations use AR in order to enhance experience. Another most important disruptive technology in education is various communication platforms. With the growing usage of high speed data, video communication allows users around the world to join and participate in various educational processes. Also, experts from various field can join the discussion and can speak with the students directly. Slowly the advancement of the online learning technologies are making education accessible to students around the world. Disruptive Technologies and Education
  • 5. Ah! AI! What can I say about this technology? It is changing each and every industry in a rapid pace. When it comes to education, Artificial Intelligence can use algorithms that helps to personalize learning experience. These AI systems are so smart, that they can learn and analyze the needs of an individual or the whole class. Thanks to the current level of technological development, AI systems can help in personalized tutoring. So, with great enthusiasm Insights Success has shortlisted, “The Next Generation Tech Disruptors, 2019” who are creating transformational technologies that are all set to change the world of technology for good. In this special edition, our cover Story features, Diversified, which is an industry leading technology solutions provider, that delivers a comprehensive portfolio of innovative solutions and services to a global clientele across a wide array of markets including financial, media & entertainment, enterprise, energy, higher education, technology, healthcare, hospitality, government, and more. Also, while flipping the pages don’t forget to go through the articles and CXO standpoints written by our in-house editorial team and industry experts respectively. Happy Reading! Companies that stand out from others are purposefully disruptive. “ “ Kaustav Roy
  • 6. Connec ng Clients to Their Digital Future Cover Story 08 20 30 Industry Glimpse 4 Trends that will make Language Solu ons a big part of Biotech and Globaliza on Expert’s Outlook AsiaPay: Expand your eCommerce business into AsiaConsumer Gold Mine Ar cle’s Securing Future Cyber Security: Secure Your Network with Intelligence 34 Infrastructure Transforma on Innova ve Companies in the Space Industry 22 28 Editor’s Choice Should Businesses Adopt Blockchain Technology?
  • 7. 16 ATOM Tickets Planning for a Movie has Never Been so Easy 38 Prescient Co. Inc Revolu onizing the Construc on Industry with Digital Technology Futurism Technologies Advancing Business Process through Digital Transforma on 24 Lendify Bringing Financial Accessibility for All 32 Seceon Comprehensive Cybersecurity Pla orm for the Digital-Era 42 Contents
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  • 9. sales@insightssuccess.com July, 2019 Editor-in-Chief Co-designerSenior Sales Manager Business Development Manager Marketing Manager Technical Head Technical Specialist Digital Marketing Manager Research Analyst Database Management Technology Consultant Pooja M. Bansal Managing Editor Anish Miller Executive Editor Kaustav Roy Assistant Editors Jenny Fernandes Hitesh Dhamani Visualizer David King Art & Design Director Amol Kamble Associate Designer Iresh Mathapati Kshitij S Peter Collins John Matthew Sales Executives David, Kevin, Mark, Vishal Business Development Executives Steve, Joe, Alan, BinayJacob Smile Aditya Marry D’Souza SME-SMO Executive Prashant Chevale Calvin Jones Circulation Manager Robert Brown Stella Andrew David Stokes Sapana Shinde Co-designer Copyright © 2019 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
  • 10. Connecting Clients to Their Digital Future Diversified delivers a diverse set of integrated technology solutions that connect clients to efficient communications, streamlined workflows and seamless collaboration. The Tech Disruptors 2019 Nex
  • 11. Fred D’Alessandro Founder & CEO Cover Story
  • 12. This industry leading technology solutions provider delivers a comprehensive portfolio of innovative solutions and services to a global clientele across a wide array of markets including financial, media & entertainment, enterprise, energy, higher education, technology, healthcare, hospitality, government, and more. With a diverse range of technical expertise and specialties, Diversified is uniquely able to serve as their clients’ trusted technology solutions partner capable of meeting all technology needs, streamlining even the most complex projects with a single point of contact. Unparalleled in today’s technology market, Insights Success is proud to recognize Diversified as one of the next generation tech disruptors, leading the way into the digital future. In an interview with Insights Success, the Founder and CEO of Diversified, Fred D’Alessandro, shares key insights into the organization’s journey and how its specialized solutions and services are continually growing to meet the dynamic needs of an evolving global market. Below are the highlights of the interview conducted between Fred and Insights Success: Give a brief overview of the company, its uniqueness and its vision. Diversified was founded in 1993 as a start-up broadcast integration firm based out of Kenilworth, NJ and has since grown into a top technology solutions provider with more than 30 locations around the world. Originally addressing the technical needs of the broadcast, audio visual, IT and RF market segments, our service offerings continued to grow and evolve with the marketplace. Over the years, Diversified’s strategic investments and acquisitions have not only expanded our portfolio of expertise but also extended our geographic footprint to better serve a growing client base. With these enhanced capabilities, Diversified has emerged as an industry leading technology solutions provider offering an unmatched portfolio of consolidated services, delivering innovative digital media, collaborative, broadcasting, electronic security, and Over-The-Top solutions to a global clientele. This expansive expertise has positioned us to serve as a go-to partner for all our clients’ technology needs, delivering complete technology strategies that enhance their operations, increase productivity, and help drive ROI. Describe your company’s cutting-edge products/services which address all the needs of your customers. The rapid speed of technological evolution means that Diversified and its clients constantly have to look three steps ahead to maintain a competitive position in today’s global market. As a leading global technology solutions provider, Diversified proudly offers the most comprehensive portfolio of technical expertise and
  • 13. consolidated services in the industry. Our clients’ previous reliance on multiple vendor-specialized service offerings to implement a single project simply doesn’t cut it anymore. We provide our clients a single trusted technology partner to help develop and deploy the entire scope of all their technology strategies. Whether it’s a digital signage network to communicate a brand or messaging to visitors and employees, a collaborative conference room to connect enterprise locations around the world, a security operations center to monitor facility activity, a broadcast studio or even managed service offerings to ensure a maximized ROI on technology investments, Diversified has a team of industry professionals ready to partner with organizations and deliver the technology needed to drive daily operations—all while simplifying the project cycle and increasing ROI. With the escalating number of technology-based solution providers, how is Diversified driving itself to create an impact on its customers? Diversified’s approach to business has always been just that—diversified. As technology and its impacts continue to evolve, so do our capabilities. With a mission to connect organizations from a broad range of markets to their technology objectives through a comprehensive portfolio of solutions and services from a single trusted technology partner, we are able to utilize our diverse collection of technical and strategic expertise to consult on and deliver the entire scope of our clients’ technology strategies. Whether it’s audio visual, digital signage, production and distribution, IT, mission critical, electronic security or even medical integration, the Diversified team has a deep bench of experts to meet any technology need, no matter how precise or unique. Connecting clients to their digital futures with control centers that help save lives, broadcast systems that entertain, digital media networks that inform and IP- based operating rooms that improve patient outcomes.
  • 14. What’s more, our teams are on the forefront of today’s technology, helping to set standards and prepare customers for changing digital landscapes. Leveraging our IT and media and entertainment expertise, Diversified has become one of the pioneer authorized partners of Cisco’s IP Fabric for Media solution. The new authorization allows us to close the project circle, meeting all our media and entertainment customers’ needs from design to implementation and service of an entire production facility—now including all Cisco elements to certify end to end success as more media networks make the shift to transporting over IP from SDI. This marks just one of the ways that Diversified is ahead of the curve and continuing to serve our clients in new ways. Describe the experiences, achievements or lessons learned that have shaped the journey of the company. Starting out as a broadcast integration firm, Diversified established an impressive reputation within the media and entertainment industry. However, we knew that would not be enough to sustain continued growth. Our vision for a company positioned at the forefront of technology, providing its clients with the best solutions to meet their objectives, drove us to take risks and reinvest our earnings back into the business to keep up with growing demands. Around 2000, we began to seek opportunities in AV integration, a market we didn’t know much about but saw great value in for diversifying the company. We’d found a lucrative home in enterprise broadcast, but we knew to be the best, we had to provide more than just one piece of the puzzle. Since then, while competitors have been content with the status quo, Diversified has continued to establish successful footholds in other technology specialties including digital media, mission critical, medical integration, and electronic security, providing additional value to clients around the globe. What are the challenges faced while providing the unique tech powered solution and how is Diversified serving to tackle them? Staying current on today’s technology without losing sight of tomorrow’s advancements is a critical component for any technology provider. At Diversified, our teams are constantly focused on learning and finding innovative ways to incorporate new technology that not just meets our customers’ needs, but exceeds them, and helps them make a real difference in their respective industries. From maintaining extensive training and certifications to partnering with manufacturers to enhance products for actual use cases, our team is consistently improving our offerings to better equip our clients and help them reach their technology goals. What according to you could be the potential future of the innovative tech solution providers and how does Diversified envision sustaining its competency? To remain competitive in today’s global market, technology providers must be agile, proactive and diverse in their offerings. With an expansive catalog of solutions and services, combined with a worldwide network of resources capable of confidently deploying projects on a global scale, Diversified is working with leading organizations around the world to meet all their technology needs efficiently and effectively. Additionally, we are developing and delivering strategically engineered, productized solutions that further simplify technology deployments for our clients. Whether we’re driving operating room efficiency and enhancing patient care with our exclusive CORIS® product family or increasing situational awareness to support a faster response time with VantagePoint, Diversified is bringing new solutions to the market that continue to connect clients to their digital futures. Where does Diversified see itself in the long run and what are its future goals? Over the coming years, Diversified is focused on continued international expansion and transitioning from providing mainly hardware integration solutions to more of a software-based or “Technology as a Service” model. Additionally, with the industry shifting from SDI to IP, we see great opportunity in helping many of our clients make the switch and implement efficient, cloud-based systems for their organizations. Diversified is confident that these initiatives, coupled with the ability of our leadership team to keep us ahead of the competition, will allow us to maintain our leadership position and continue our double-digit growth. About the Leader Fred D’Alessandro’s dedication and work ethic, coupled with an innate desire to innovate and provide quality service to others, is the driving force behind his success and what he and his team have built at Diversified. His decisions are steadily centered around being the best and providing clients with one trusted technology partner to meet all their technology needs. Furthermore, he has taken a rather
  • 15. creative approach to the types of services offered, understanding that innovation and disruption go hand in hand, staying outside the comfort zone and looking to provide multiple pieces of the technology needs puzzle to deliver an unparalleled level of expertise and service to Diversified’s clients. It’s been said before, “You better disrupt yourself before someone else does!” Unopposed to stepping outside the box or doing the opposite of industry expectations, Fred is always seeking the next big thing that will change the game. As a result, the breadth of Diversified’s offerings has allowed Fred to sustain growth, even in the toughest markets. If one industry isn’t as hot as expected, another picks up the slack. This advantage has also become the driving force behind Fred’s vision for the future—continuing to grow vertically as well as horizontally, adding complementary services that provide value through unique, hybrid technology solutions that solve virtually any customer requirements. Still, he believes for continued sustainability, Diversified must operate within the top tier of each industry, understanding its clients and how these solutions help them find success in their own markets. Through openly sharing his philosophy of being the best and establishing a robust customer base with repeatable business, Fred has seen another major differentiator emerge—Diversified’s engineering-centric operations. True to its tagline, Imagination Engineered, Fred takes great pride in the execution of Diversified’s projects and empowering his engineering staff to be creative and innovative in their designs. His viewpoint is simple—new sales will keep your door open but strong engineering and project delivery will bring the customer back time and time again, allowing growth beyond what anyone expected. Diversified understands unique industry challenges and emerging technology trends, delivering specialized solutions that solve our clients' biggest problems.
  • 16. Address : Country :City : State : Zip : Date :Name : Telephone : Email : Che should be drawn in favor of:que 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 Global Subscription 1 Year.......... $250.00(12 Issues) .... 6 Months ..... (06 Issues) ..... $130.00 3 Months ... (03 Issues) .... $70.00 1 Month ...... (01 Issue) ..... $25.00 SUBSCRIBE TODAY
  • 17.
  • 18. Planning for a Movie has Never Been so Easy Atom Tickets ased in Santa Monica, California, at Bthe heart of the Silicon Beach, an award winning start-up Atom Tickets was born out of a simple idea: people would go to the movies more often if buying movie tickets with friends and family was made easy. With the backing of Lionsgate, Disney, and Fidelity Management & Research Company, Atom Tickets is enabled on nearly 22,000 screens across the U.S. including AMC Theatres, Regal Cinemas, and Showcase Cinemas. The organization’s mission is to transform the moviegoing experience to make it easier for people to go to the movies, more often. Also, Atom Tickets is proud of the fact that it has grown to attract nearly 6 million monthly visitors. Atom’s user-friendly and socially driven interface allows movie lovers to search for films instantly, invite friends, buy tickets, pre-order concessions and enjoy a VIP experience at the theater. Due to the platform’s innovative marketing solutions and young yet diverse user-base help, studios exhibitors and brands reach their target audience and maximize revenue opportunities. The organization looked to bring the ease of Amazon, Lyft, and Open Table and designed Atom Tickets is always working on ways to make moviegoing more convenient – from our recently enhanced app design to fast and reliable performance when purchasing tickets. “ “ The Tech Disruptors 2019 Nex Matthew Bakal Co-founder & Chairman Atom Tickets www.insightssuccess.com16 |July 2019
  • 19. Atom Tickets is always working on ways to make moviegoing more convenient – from our recently enhanced app design to fast and reliable performance when purchasing tickets. “ a socially-driven moviegoing experience with convenience at heart. Inviting Friends for a Movie has Never been this Easy With Atom Tickets, it’s easier than ever before to invite friends for a movie. The organization has created a simple way to pay for a group or pay separately. It has also created a digital ticket using a QR code which can be scanned at the theater and to pre-order concessions at participating theaters. These features weren’t available through other movie ticketing sites or apps when the cofounders were envisioning a new movie ticketing experience back in 2014. It took a couple of years to build the app but the company launched Atom Tickets nationally in September 2016 as the first to offer these features. The free app and the website provide relevant reviews, trailers and synopses in order to help movie buffs make the best decision on what to see. App users may then invite friends (via their contact lists) to purchase their own tickets and join them with a few easy taps—eliminating IOUs and lengthy text conversations. Atom streamlines the process of purchasing tickets and concessions from any iOS or Android phone. At the theater, users can skip the box office lines and go directly to the ticket attendants and Atom- exclusive express concession lanes where they simply scan a QR code on Atom-branded tablets to redeem their order. Paper tickets and IOUs have been replaced by Atom’s innovative platform that keeps all plans, messages, payment and tickets in one convenient place. The Hawk Eyed Leader As the Co-founder and Chairman of Atom Tickets, the social movie ticketing app, Matthew Bakal focuses on growth strategy and corporate development for the Santa Monica based startup that has raised over $125 million in funding. Matthew has a unique background that includes extensive experience on both the creative and financial sides of the entertainment business. He has worked for Warner Bros., Mandate Pictures, Good Universe, and IBM entertainment consulting. He has structured financial deals that balance creative ambitions with bottom line prudence. Previously at Lionsgate Entertainment, he oversaw day-to-day business development opportunities and strategic initiatives. Matthew wants people to watch more movies and he thinks there should be an easier way for the industry to match movie supply with consumer demand. All this experience contributed to the spark that has become Atom and its successful capital raise. Matthew holds an AB in English and American Literature from Harvard College and an MBA from Harvard Business School. Standing out Amongst the Crowd As a startup, Atom Tickets feels that it’s the company’s responsibility to stand out and give users a compelling reason to try it opposed to any other known brand. The organization was born out of the idea that digital movie ticketing was in need of powerful new experience. Now Atom Tickets is in the market for more than two years and it is always trying to create innovative new experiences. This is what led the company to partner with Amazon on advance screenings for Amazon Prime Members, power movie ticketing on IMDb and Amazon Echo, and integrate Atom movie ticketing in Google search and Facebook. Atom Tickets also announced a partnership with the Honda Innovation team to develop movie ticketing for their Dream Drive Project. www.insightssuccess.com 2019| 17July
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  • 22. The growth of China and Japan as leading markets for the Pharma and Biotech industry has made language an important factor for companies looking to be successful in global markets. Moreover, emerging markets in non-English speaking countries such as Brazil, Russia and Turkey has only increased the need for “Strategic Language Partnerships”. Navigating through regulatory requirements and Clinical Trial documentation in foreign languages seem like a daunting task just from the sound of it. An increasing number of companies prefer to outsource the language requirements in order to speed up approvals and decrease rejections. With the current trends in the Pharma and Biotech Markets, we suspect the need to only increase. There are four definite areas that point towards the prominent role of language in the coming years. Emerging Markets have More Promise Since established markets in US and Europe have very little room for smaller players, SMEs are growing more confident that growing markets are a better investment. Pricing pressures and slower growth means that Big Pharma companies are also evaluating untapped markets. Among the top emerging markets, BRIC economies stand out the most with the probable addition of Mexico and Turkey. While China is already competitive, the others in the list are viewed as geographies with tremendous opportunity. However, growing economies have their own challenges. Underdeveloped infrastructure and unique regulations mean that entry and success in these markets are more complex than they may seem. Seeking drug approvals in different geographies also means that Pharma companies will have to process multiple sets of clinical trials in each country. With the probable exception of India, other regions won’t have English as their language of choice which makes language intervention an absolute necessity. The Increasing Involvement of China The recent regulatory change in China has paved the way for more globally accepted drugs to be launched in China. However, they will still need to undergo the regulatory process as usual. We expect an increased effort from Pharma companies to launch more drugs in China which is the second largest Pharmaceutical market in the world. Biotech is also booming in China with the help of conscious Government support. There seems to be no shortage of investment either in this regard. Hence, you can expect BioTech companies to have a keen interest in expanding their focus to China in the coming years. Based on this, we foresee the demand for translation between English and Simplified Chinese to rise in the near future. Also, it will be wiser for companies to outsource their documentation requirements since adhering to the stringent protocols in Chinese will not be easy. The Rising Influence of the Patients As patients become more aware and educated about the drugs they take, Pharma companies are forced to consider a patient-first business model to cope with their dynamic expectations and demands. Companies are considering smartphone apps and online portals to stay connected with patients. With more sophisticated technological options being made available with every passing day, a range of health services can be offered to patients at their convenience. These tools also serve as a great way to acquire patient data, maintain them and gain useful insight. 4 Trends that will make Language Solutions a big part of Biotech and Globalization www.insightssuccess.com20 |July 2019
  • 23. However, replicating this approach in other geographies will need language support. App and Software localization requires deep understanding of cultural nuances in order to be executed successfully. Apart from this, promotional and informational collateral also need to be tailored and edited in order to appeal to consumers in various geographies. This not only includes physical collateral but also digital materials. Hence, as the focus shifts to the patient, there is certainly a rise in demand for language solutions expected from Pharma and Biotech companies. Managing the Digital Baggage While e-pharmacies are still in their infancy, there is enough reason to believe in their success in the near future. Globalization plans for e-pharmacies, is a long way away from being a topic of discussion. In the meanwhile, Pharma and Biotech companies still need to maintain their digital presence whose importance continues to grow in the grand scheme of things. This includes websites, social media positioning and online reputation management (ORM) among others. In recent times, we’ve received an increased demand for translation of marketing materials from companies like Abbott Healthcare and other Fortune 500 companies. As pharma and biotech companies look to build their presence across different geographies, they will need to think about how they can take their digital assets along. Maintaining brand positioning and brand image across multiple regions is always going to be a challenge. Moreover, failure to understand cultural nuances and demand can be a cause for stunted growth. Companies that have the foresight to see the importance of a language solutions partner at this stage will have greater chances to succeed in new geographies. About the Author Shilpa Mittal, CEO of Ulatus, Ulatus is one of the world’s foremost language solutions providers. Shilpa is honoured with the prestigious “Best Woman Entrepreneur 2017" award by Golden Bridge in San Francisco. Industry Glimpse www.insightssuccess.com 2019| 21July
  • 24. hat do we call an area that is not limited to a Wsingle planet and has no physical boundaries? We call it the era of the emerging space resource industry. As humans, we became a spacefaring species 60 years ago when Russia launched Sputnik, the world’s first artificial satellite. We are the only species to achieve this milestone in the 4.5 billion year history of the earth. Later, the space industry began to develop after World War II, as rockets and satellites later found civilian purpose. Today, companies around the world are in transportation, energy sector, construction, hospitality, real estate, etc. and they are looking for their next growth opportunity. Space is quickly becoming a place where the industries that power our global economy have started conducting business. Future developments in the space industries include space tourism, satellite manufacturing, and the launch industry. In recent years, however, private spaceflight is becoming reality in the space industry. Of course, these private companies also compete against each other and it could be argued that a new space race has begun. But while with an element of competition, the success of the past decades shows that is possible to collaborate in space. For example, NASA a major government agency has relied on privately operated launch services like SpaxeX for its satellite launches. The original space race began from the ideas and skills of visionary theoretical engineers like Robert. H. Goddard, Wernher von Braun, and Konstantin E. Tsiolkovsky, etc. Today, space endeavors are propelled by a new generation of entrepreneurs including Elon Musk, Jeff Bezos, and Robert Branson. There are some more major players and innovative companies with the vision of space exploration and are as follows: SpaceX- SpaceX was founded in 2002 and has reached worldwide popularity with their historic milestones in space exploration. It is already the world’s most high-profile commercial spacecraft company. The aim of SpaceX is to revolutionize the space technology, with the goal of enabling people to live on other planets. Its success has been worth appreciating. Falcon 9 launch vehicle and Dragon Spacecraft are some of its milestones. Dragon Spacecraft has helped with regular resupply missions for NASA space stations. Blue Origin- It was founded in 2000 by Jeff Bezos, the technological retail entrepreneur and CEO of Amazon, aims to launch people in space. It is fully reusable, vertical takeoff vertical landing (VVTL) space vehicle. Though its goal is different from that of SpaceX, it targets the Space tourism industry. It is focusing on commercially available, suborbital human spaceflight and has developed a vertical launch vehicle (new shepherd) for it. New shepherd is named after the Mercury astronaut Alan Shepherd, the first Innovative Companies in the Space Industry www.insightssuccess.com22 |July 2019
  • 25. American Astronaut to go in Space. It is designed to take astronauts and research payloads past the Karman line, the internationally recognized boundary of space. Boeing- Boeing is the world’s largest aerospace company and leading manufacturer in space and security systems. Throughout the last 50 years, Boeing has been integral in every major endeavor to escape earth’s gravity. The satellite industry has made the headlines since the launch of its first Mercury capsule to the current ISS (International Space Station). NASA’s Space Launch System (SLS) is the most powerful rocket ever built. Boeing is the prime contractor for the SLS design development, test, and production of the launch vehicle. SLS is the world’s only super heavy rocket capable of transporting astronauts to deep space. NASA is setting its eyes on the exploration of Mars with the help of Boeing technology. Boeing has successfully launched all of NASA’s Mars probes and rovers aboard Delta 11 launch vehicles. Recently Boeing engineer designed a spacesuit to protect astronauts from dust, radiation and other hazards when exploring the surface of moon and mars. Sierra Nevada Corporation- Selected by NASA, SNC’s Dream Chaser spacecraft is a multi-mission space utility vehicle. It used for transporting crew and cargo to LEO (Low Earth Orbit) destinations such as ISS (International Space Station). The system is designed to deliver up to 5,500 kg of pressurized and unpressurized cargo to the space station under the CRS (Commercial Resupply Service)-2 contract. It will carry supplies like food, water, & science experiments and returns to earth with a gentle runway landing. The spacecraft is selected by NASA to provide a minimum of 6 cargo missions to and from the space station by 2021. Sierra Nevada Corporation is making solid progress and likely to stay a key player in the private space company. Northrop Grumman Corporation- NGC is a leader in science and exploration in space for more than 60 years. Thiokol Chemical Company, now part of NGC developed the world’s first reusable space shuttle program in the late 1970s. Contribution to NASA: July 20, 1969, was a historic day when the world watched, astronaut Neil Armstrong took mankind’s first steps on the moon. The success of NASA’s Apollo 11 mission is still remembered and celebrated. Several heritage companies of NGC are recognized for the vital role they played in the achievement of the Apollo 11 mission. NGC designed, assembled, integrated and tested the Lunar Module (LM) of the Apollo program. NASA’s Northrop Grumman built Chandra X-ray Observatory and it continues to produce data that enables astronomers to make extraordinary discoveries. Launched in 1999, Chandra has found evidence for a significant new class of supernova. It has also uncovered evidence of a powerful outburst from the giant black hole at the Milky Way’s center. NASA has a long tradition of utilizing Northrop Grumman’s spacecraft, including the Spirit and Opportunity rovers that landed on Mars in 2004. The rovers will help guide the Mars as it investigates the viability of microbial life on the planet now or in the past. NASA’s James Webb Space Telescope will play an important role in studying planetary systems. NGC is the prime contractor for building the dreams of Webb technology. The telescope will be sensitive to infrared light which will enable it to understand an era of the universe just a few million years after the Big Bang. Made in Space- MIS is the space-based manufacturing company, dedicated to making of reliable Additive manufacturing equipment and fiber optics (MIS Fiber) for Space. Additive manufacturing is also known as 3D Printing and is transforming the industry. It can manufacture larger and more complex objects faster, with finer precision and with multiple aerospace grade materials. MIS Fiber Optics, on the other hand, is produced without crystals that affect signal loss. Later, these crystals provide superior data transmission capabilities, high-speed internet as well as enhancing technologies in space. Virgin Galactic- Virgin Galactic is a spaceflight company founded in 2004 by British entrepreneur Sir Richard Branson. It is developing commercial space crafts and aims to provide suborbital spaceflights to space tourists. VG uses a larger, four-engine jet plane that carries passengers into space. It is similar in design to a private plane. These private space firms seem to have different interests in the space race, but actually, these companies share the same goals. Looking at the future, there will be a need for laws, regulation, and controlling authority to govern space exploration. It will be necessary to have firm and well- understood protocols in the event space crashing, while there are serious issues around the safety of astronauts as well. At the moment, the UN’s Outer Space Affairs is responsible for promoting international cooperation in the peaceful uses of outer space. Perhaps, the entry of the private sector into space exploration will contribute to the growth of the economy as valuable targets for investment. However, it will be interesting to see how healthy competition opens up in the development of the Space Era for Citizens. Infrastructure Transforma on www.insightssuccess.com 2019| 23July
  • 26. Advancing Business Process through Digital Transformation Futurism Technologies A Visionary Being Sheetal Pansare, President and Global CEO of Futurism Technologies, Inc. have been the leading figure in laying a culture in the organization where members not only accepts digital transformation but grabs on to it with both hands. Today, Futurism is a change-ready organization that can adapt much quicker than ever before. He was also the face behind Dimensions, a unique service offering from Futurism. Dimensions is envisioned to build better products and experiences for customers, developing go-to-market approaches and inventing disruptive new business models—all to generate new growth, meaningful differentiation, and real economic value. Optimal Solutions with Emerging Technologies Futurism Technologies includes design offering emerging technologies such as Artificial Intelligence, Machine Learning, Blockchain, Internet of Things, Robotics & Automation, Augmented Reality/Virtual Reality, Data Analytics, Cloud Computing and more. A key component in offering is to engage customers with workshops, leading towards people-centric innovation and using design thinking to produce and test new concepts and solutions. The company is driving man- machine collaboration to solve complex business problems by using a combination of human creativity & intelligence, usage of ubiquitous data and powerful algorithms and plentiful computing. The organization’s business service offerings focus on processes, efficiency, and collaboration, both internally and through designing new customer experiences. Typical services include Application Development & Maintenance, Infrastructure Management, Product Engineering, IT consulting and a broad range of technology and solutions offerings. The company is in a unique position to combine user experience and interaction design with its digital native and technology expertise which is guaranteeing feasibility and easy implementation for the customers. New digital opportunities enable innovation and create new business models. At Futurism, it offers digital transformational services such as Innovations and Concept workshops, change management drives, and strategic consulting sessions. Recognizing that the journey of digital transformation and innovation requires team support, Futurism strives to always put together experienced and skilled teams that combine analysts, strategists, designers, and technologists. Making Failures First Step towards Success Be it goals, technology or people, business requires transformation from time to time and it is not easy. Futurism has experienced failures and learned that it is part of the process. Everyone needs to understand this, accept this, and communicate this to ensure that failed projects every now and then don’t hamper future attempts of transformation. According to the company, business goals can’t be achieved successfully In the business community, digital transformation has become the synonym of success. Adding digital services in an organization’s process can save valuable time and money and helps in reinvent processes, improve quality and promote consistency. Taking this into consideration, a leading digital transformation company Futurism Technologies, Inc. is helping to evolve enterprises by providing a digital platform in this segment. Futurism Technologies combines its deep industry knowledge with technology and analytics expertise in order to enable digital transformation for enterprises and technology providers. The organization delivers seamless customer experience, business efficiency, and actionable insights through an integrated set of disruptive technologies. The company creates innovative, digital-led transformational solutions with clients across several industries. It enables businesses in IT, Banking and Financial Services, E-commerce, Insurance, Travel, Education, Healthcare, Manufacturing, Retail Shipping, & Logistics and utilities to grow their digital future and transform their outcomes with operational excellence. Futurism Technologies has successfully co-created and executed the future vision of its 200+ clients with the help of 350+ employees. The global footprint of the company spans across 5 countries with worldwide delivery centres. The Tech Disruptors 2019 Nex www.insightssuccess.com24 |July 2019
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  • 30. Dr. Isaac Andy, Founder, CEO & Director Should Businesses Adopt Blockchain Technology? technology and supporting the initiative. The intention is to provide decentralized solution and distributed ledger technology for financial market infrastructures. Although this does not mean that these countries will opt for full- fledged Blockchain, further analysis of the safety and efficiency of this technology is needed. One of the most interesting and misunderstood concepts in Blockchain technology is transparency, some say it gives you privacy while according to few it is transparent. However, this leads to some confusion about how privacy and transparency can effectively coexist. In this article we will clear how Blockchain balances the two concepts. The identity of a user is concealed behind powerful cryptography (encrypting and decrypting), meaning that linking public addresses to private users is difficult to achieve. Transparency of Blockchain comes from the fact that the holdings and transactions of each public address are open for viewing. It is possible through Explorer, an online block chain browser which displays the content of individual Bitcoin blocks, transactions and balances of addresses. Cryptocurrency and Blockchain are still relatively new technology; companies are likely to pick up the right Blockchain technology for the business. Blockchain companies: Steem is like YouTube on Blockchain and has attracted over 920,000 users who publish more than 1.5 million posts each month. Steem has also paid over $40 million in its digital asset via (cryptocurrency rewards) to content creators. Ripple, Intellectsoft, and Celsius Network, are some of the companies today, assured for success and will be popular soon. Centralized systems have treated us well for many years, but if we see the vulnerabilities: money and data is stored in one spot, this makes easy target for malicious activity. What if central banks shut downs or goes through software upgrade for whatever reason? It may halt the entire system and nobody will be able to access the information it possesses. Companies are starting to work with Blockchain technology; some of them are using it in the financial sector while others are trying to improve their bureaucratic systems. Countries like Singapore, China, Canada, etc. are trying to offer a national digital currency based on Blockchain www.insightssuccess.com28 |July 2019
  • 31. We provide our customers with repeatable, proven process that delivers consistent end-results regardless of project scope or client. “ “ With the emergence of cryptocurrencies like Bitcoin, Blockchain technology is disrupting almost all markets, changing the way we do our day to day business. Bitcoins are digital coins you can send through the internet, its software is completely open source and you can trade your currency exchanges with dollars, euros and more. It’s very much still an experimental currency and a high risk for consumers and investors, but the Bitcoin design has been the inspiration for various other applications. Effectiveness of Blockchain technology in the following areas in future: Smart Contracts- The most critical area where Blockchain helps is to guarantee the validity of a transaction through secure validation mechanism. Contract is where consent of the parties is involved to agree and interact with each other. Industries and institutions are heavily reliant on contracts, such as insurance, financial institutions, real estate, construction, entertainment and law. A smart contract can formalize the relationships between people, institutions and the assets they own. They eliminate the need for trusted third parties and are self-verifying, self-executing and Tamper resistant. A smart contract is like a cryptographic box that contains value and only unlocks if certain conditions are met. Once involved authorities and companies are on a Blockchain, a smart contract could be used to define the rules of a valid deal. Supply chain management- A Blockchain is a digitalized, decentralized and incorruptible public ledger that can transform supply chains, industries and ecosystems. The following applications are now in use or can be implemented in supply chain using Blockchain technology: Automotive supplier payments- It is exciting to see cryptocurrency in the automotive industry. There are also suppliers and websites available for buying and selling cars with Bitcoin, which allows transfer of funds anywhere in the world without the need for traditional banking transactions, as transactions are made directly between payer and payee. It is also secure and rapid, transfers also incur lower fees. However, buying a car from a random individual is considered a bit risky. Food Traceability- Satoshi Nakamoto, inventor of Blockchain technology aimed in creating decentralized ledger leaving behind open source software that the users would be able to update and improve. Companies can use distributed ledger systems to record product status at each stage of production. As the records are permanent and immutable, they make it possible to trace each product to its source. Food volumes such as coffee, tea, oils, sugar and beans are almost impossible to track. Blockchain technology enables the tracking of food packages, by a unique identifier such as barcode, QR code or RFID transmitter. The benefit from using Blockchain is that no central party needs to be trusted in order to overlook the data, while still allowing volumes to be transparent for everyone in the chain. An area of concern within the food industry is that many food products are small and inexpensive; there is a risk that tracking of every package and seed can become expensive. Blockchain enables integration of simple hardware and cheap software and is ideally suited for managing the process. Supply chains have already started using Blockchain in some areas of their operations like electric power micro grids and cold chain monitoring. However, transformation of supply chains will not happen overnight, new doors may open to faster more intelligent and more secure process throughout the entire supply chain. Criticisms and challenges: Huge electricity required- Remember all the power required to verify transactions demand electricity. In order to unleash the power of Blockchain technology, computer scientists need to solve this big problem. Security about the private key- Private Key must remain secret at all times because revealing it to the third parties is same as giving them controls over Bitcoins secured by that key. Also the key must be backed up and protected from accidental loss, because if it is lost it cannot be recovered and the funds secured by it are forever lost, too. Extremely volatile- Decentralized Blockchain technology and virtual currencies are extremely new to the market. Fluctuating prices of Bitcoin vary from day to day because companies, investors, and governments adopting or not adopting them greatly affect the volatility. Blockchain will be an important part of our financial and technological digital future. It is one of the incredibly creative inventions that technology has ever seen. So how we use it is up to us. Some companies such as Overstock.com and Telsa have already started accepting virtual currencies. However, it is still not apparent what the retail leaders like Amazon and eBay would do with the cryptocurrency acceptance. But if they start accepting then it could indeed transform the global scenario. Editor’s Choice www.insightssuccess.com 2019| 29July
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  • 33. Companies in the North America are beginning to see the Asian market for what it is: A consumer gold mine. Any global company that does not at least try to penetrate into this market is at a major disadvantage. Yet, there are still a vast number of them that are not willing to ‘launch out into the deep’. This is mainly due to concerns about bringing their product to a largely unknown foreign market. One of the most worrying factors is Cyber security. For example, a US online retailer needs to know that their product can be safely shipped and delivered to its Asian customers. This means maneuvering through the logistics and custom duties of both countries. Once this issue being sorted out, then the challenge of having a secure payment method is the most important component. The transactions would have to be completed online and you will need a trust worthy payment provider. Making the Jump It is true that launching your product to another country or region is a huge project. The culture is so diverse that there is a fear of a policy problems, culture differences, competition etc. There are few companies that can make this process much easier. The key is to partner with industry experts who already know the cultural challenges of penetrating the markets. Take for example, AsiaPay which is one of the top electronic payment solution and technology providers in the Asia pacific region. AsiaPay is an ISO certified payment service provider in Asia. We provide a one-stop comprehensive payment processing in the Asia-pacific region (multi-acquirers and local settlement) and across various prevailing alternate payment methods and channels. This is especially the case for Asia where payment is very different from the West. While Americans and Europeans are still attached to cash and credit cards, China has ditched them both. The major payment method is directly through one’s phone through applications like WeChat and AliPay in China. AsiaPay has the widest payment processing and settlement network of ‘Credit Card Acquirers’ and ‘Alternative Methods of Payments’ across 14 countries. This enables the organization to provide merchants, banks, and other payment providers the best combination of payment methods per country based on local infrastructure and consumer preferences. Besides, AsiaPay has specifically designed its payment gateway platform to deliver unparalleled security, customizability, scalability, and reliability. It is also one of the few providers in Asia to be certified as Level 1 PCI DSS. Importantly, AsiaPay’s bank-grade security is recognized by acquiring banks and card associations worldwide. Presently Asiapay is processing a total of 144 currencies in global transactions in real time. This creates simplicity for the merchant who is able to use one base currency for multiple currency processing. It also creates transparency for the customer who can see a clear currency conversion to his or her domestic currency. This is very crucial in the checkout process. If the customer can see a near accurate price, they are more comfortable purchasing the product. Partnering with companies like AsiaPay makes the transition process significantly easier and provides a streamlined system for analyzing payment data. In summary, North America’s online retailers should consider having a strategic entry plan into the Asian market. Without doubt, Asia is the new super power in terms of population growth, economics and purchasing power. A Focused and Clear Vision AsiaPay has achieved tremendous success in a short span of time. A large part of the credit goes to its founder, Mr. Joseph Chan, who is also the CEO of the company. He established AsiaPay in August 2000 and led both management and product development during the challenging early days. He today contributes to the company by focusing on strategic planning and management in the areas of finance, electronic banking, and internet and mobile product services. Joseph has also contributed to the growth of the industry by filling the role of an inspirational and insightful leader. His contributions to the industry has been recognized with various awards and commendations, including “China Outstanding Innovative Entrepreneur Award”, “Asia Pacific Entrepreneurship Awards 2013”, “the Most Promising Entrepreneurship Award”, “EY Entrepreneur of the Year 2014” award, “Cards & Electronic Payments International (CEPI) Asia Disruptor 2016” Award, “2017 (Industry) Influential Leader”, World Business Leader 2017– Award”,and 2018 ‘The 50 Most Influential Payment Professionals awards’. Joseph work tirelessly to take AsiaPay forward with a focused and clear vision of growth to guide the company to becoming a leading global electronic payment company. Expert’s Outlook www.insightssuccess.com 2019| 31July
  • 34. Bringing Financial Accessibility for All In the financial sector lending money is followed by certain rules and regulations. For an applicant who desires to borrow money, it is necessary to state the loan purpose and display a satisfactory repayment capacity. Although this necessarily doesn’t show that an applicant is eligible for borrowing, financial bodies exercise in specific manner and the process is very time consuming and rigid. To resolve this problem and improve borrower and lender relationship the P2P lending is becoming an integral factor in the financial system and breaks the financial borders. In P2P lending a person can borrow money direct from any individual who is interested in lending. This process removes the middlemen between the lender and borrower and the role of traditional financial institution is eliminated. With the mission of bringing more flexibility into the financial sector a Swedish fintech company called Lendify has become the largest peer to peer lending platform in Sweden and a leading P2P financial service provider. The company operates an online marketplace platform that connects borrowers with investors – without the involvement of banks or credit card companies. It offers better terms for borrowers and solid returns for investors. By connecting borrowers with investors, the company aims to create a better economy for everyone. Combination of Innovation and Uniqueness Lending to individuals which exhibit a good credit score is a well established form of investment with a long history. What Lendify adds to this market is accessibility and distribution. By utilizing the latest technology, the company is able to connect individuals seeking returns on their investments directly with borrowers asking to lend money. All disbursed loans are collateral free. This means that predictable default rates are of utmost importance for the investors. To ensure a reliable and trustworthy credit evaluation process, the company has chosen to involve technology. One example is using an automated technique called “scraping” which enables Lendify to identify and act upon probable risk prone behaviour sourced from the potential customer’s credit card statement. If such behaviour is detected the company can decline the loan application. This serves a double purpose which is protecting the investors from future credit losses while reducing the over indebtedness of borrowers. Lendify’s credit model is conservative and roughly only 10% of the applicants are granted loan. We create better terms for borrowers and deliver solid returns to investors. By removing the banks from the equation we can all achieve a smarter economy together! “ “ www.insightssuccess.com32 |July 2019
  • 35. The Nex Erik Wikander CMO & CPO Lendify rewards is another example of the company’s innovative solutions. In short it is a unique incentive program developed for the borrowers. The ambition is to be a positive force in helping Swedish households improve their knowledge about, and commitment to, a sound financial situation. The rewards are built on the principles of gamification and include several levels that can be achieved through meeting certain criteria. One critera is making the payments on time and if the borrower successfully pays before the due date a certain amount of points are awarded. Another way of gaining points is through taking courses in Lendify’s finance school. Awarded points can later be exchanged for a lower interest rate which makes the incentive program very compelling for the borrower, while at the same time increasing their knowledge, skill and payment discipline. Through increased education and customer loyalty the company’s low existing credit losses can decrease even further. A Marketing Chief Joined Lendify in June 2017 and has been part of the team that made the company achieve more than 2 BSEK in originated loans. Erik Wikander is the Chief Marketing and Product Officer at Lendify, where he leads marketing function as well as the product development team, identifying technologies that can improve customer experience and operational efficiency. Leading with Success According to the Lendify “the challenge is building scalable technology where the landscape is changing due to PSD2 and keeping up with open banking developments, while at the same time maintaining the existing platform.” Since 2014 Lendify has lent more than 2 billion SEK to borrowers. The global audit and consulting firm KPMG lists Lendify as one of the 100 most successful Fintech companies worldwide. It is one of 3 companies on the list from Sweden, together with iZettle and Klarna. Higher Efficiency in Banking Open banking will radically change customer experiences within banking, and is something that will enable Lendify to create even more and innovative customer solutions. The company sees itself as a long-term and serious challenger to the traditional banks. It wants to leave the banks behind, cut out unnecessary middlemen and provide a modern, customer centred and digital platform to make the Swedish loan market more efficient. Erik Wikander CMO & CPO www.insightssuccess.com 2019| 33July Tech Disruptors 2019
  • 36. Secure Your Network with Intelligence Cyber Security www.insightssuccess.com34 |July 2019
  • 37. At present, cyber security is playing a vital role in the digital world and it is also known as a standard technology use for the protection of cyber environment of an individual or any organization. It is mainly known for security culture which includes user network, drives, software process, information storage, application security and system support which is directly or indirectly connected to the network. The prime objective of cyber security is to reduce continuously growing cyber risks and cyber threats. Cyber security technology consists of a collection of tools, policies, security concepts, risk management, actions, and training. The technology tracks protected networks, data security from data attack, along with cyber security and physical security. The core functionality of cyber- security is based on techniques involved protecting information and system from cyber threats. How Cyber Security came into Existence? As with the history, cyber security has huge network background with its own findings and technology aspects. In the early 1990s, a research on information security and policy was been introduced where information was in the form of accuracy and based on system awareness. Under 2016 survey, 70% of the organizations in the US were adopted by US Security survey which is comprised of NIFT (National Institute of Standards and Technology) Cyber-security framework. Origins of Cyber Security Platform Cyber security is defined as a package of safety solutions which provides major security processes. There are many sectors which are consuming cyber security platform as its major functionality for web service network. The fundamentals of cyber security process are, Ÿ Application Security Ÿ Information Security Ÿ Network Security Ÿ Operational Security Ÿ Application security is covered with technology that measures the feasibility of the application by finding, fixing and preventing security exposers. There are different techniques which are being used as security platform to emphasize safety at different stages of the application cycle. Application cycle includes different segments such as design, development, deployment, upgrade, and maintenance. The standard of security process is consequently changing and application cycle has also a different process with different standardization. Techniques used in application security are mainly focused on its exposer of the application security. Whitebox security is used for reviewing the source code and noticing security flaws of the application through manual functionality. Blackbox security audit is used for testing security functions where source code is not needed. Design review is used as an application of threat model, and works before the code is written. And Tooling is the technique which includes automated tools that test security flaws with higher positive rate. Ÿ Information security is a core source of information which is confidential, integrated and easily available. The primary focus of this security process is to the stable data protection while maintaining a focus on efficient policy application. Risk management process is achieved by identifying assets, threat sources, and vulnerabilities and is also followed by the effectiveness of the risk management plan. Information security mainly works on confidential information which is highly entitled to the process. Ÿ Network security sets a variety of computer networks, used in both public and private sector. It also includes conducting transactions and build communications among businesses, government agencies, and individuals. All networks are divided into two sections, private network and public network. Private networking is used within the company and public network access relates to the open source network. This security culture is highly involved in most of the companies, enterprises, and other types of institutions. It is mainly used for protecting and overseeing the operations. The Securing Future www.insightssuccess.com 2019| 35July
  • 38. network resource is relatively protected by assigning a unique name and a corresponding password. The process is concerned with authentication of username and password which implements its security concept. Ÿ Operational security is a process that identifies information which is critical and easy to determine by competitor intelligence. It protects individual piece of data that could be grouped together to give a proper set of information. It includes critical information essential for military commanders, senior leaders, and higher management. The whole process also includes technical and non-technical measures such as, use of email encryption software, taking precautions against spying data and securing confidential information not to be shared on social media platform. Operational security is a five-step process which assists any organization to specify required information, Ÿ Identification of critical information Ÿ Analysis of threats Ÿ Analysis of Vulnerabilities Ÿ Assessment of Risk. Securing Organization Processes Cyber security process plays a crucial role to impact information security of the organization. It also explores the “Relationship between Organization Culture and Information Security Culture” and contributes into the organization’s protection as well as maintains all kind of information. Security process is a never-ending process in which information is used as a resource tool to manage statistics security culture. The security process served five-step processes including pre-evaluation, strategic planning, operative planning, and implementation. The pre-evaluation process identifies the awareness of information security within employees in the organization. Strategic Planning offers healthier awareness program where target gets sets according to the grouping of people. Operative Planning provides good security process which can be established based on internal communication, security awareness, and a training program. Implementation is four stage process used as security process to implement information. The process is used for management, communication with organizational members, and current employees. Enhancing Future with Cyber Security Cyber security is aggressively contributing to the IT field concerned with reducing organization’s risk and data break. According to research in 2016, 46% of organizations carry “problematic shortage” of cyber security, and is increased by 28% compared to 2015. Also, government, commercial and non-governmental organizations use cyber security for better and secure platform. The demand for cyber security is increasing rapidly as professional security worker in all industries are managing the volume of consumer data of finance, healthcare, and retail. However, the use of the term “cyber security” is more popular in all industrial areas that will help organizations with security process culture. Conclusion Cyber security is equally important for local, state, and central government as these organizations maintains a huge amount of confidential data and records concerning the country and its citizens. Yet there are many government and commercial organizations that face difficulties in protecting the confidential data due to lack of inadequate secured infrastructure, and lack of security awareness. www.insightssuccess.com36 |July 2019
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  • 41. The word ‘home’ itself conjures the feeling of coziness and comfort. Now the concept of home is changing, and so are the construction trends. Today’s homeowners have different priorities than homeowners of the past. Meeting those demands in an affordable way is increasingly challenging. Advancement in technology brings flexibility in residential construction market where costly time-consuming projects are now completed more quickly and cost effectively. Prescient Co Inc., a digital design-build construction company is transforming the shape of residential construction through emerging technologies with its vision of attainable housing for all. In the construction business, multifamily construction is plagued by rising costs, decreasing productivity, acrimonious relationships between participants with slim margins, all while the need for attainable housing is increasing globally. Prescient’s mission is to revolutionize this environment. Prescient is the only digital design- build company which harnesses proprietary technology to link the discrete disciplines of architectural design, engineering, manufacturing and construction. It creates an efficient, transparent, coordinated and collaborative process in the building of up to 180-foot light gauge steel structures in multi-unit housing and hospitality. The company accomplishes this through standardized design, data sharing, precise off-site manufacturing, just in time and accurate placement of inventory on site, with a QR-coded framing component system for rapid assembly. An Ideal Service Prescient has a proprietary digital thread technology that links the entire design, planning, engineering, manufacturing and assembly process of multifamily construction. This approach significantly reduces the time; cost and risks associated with typical development projects. The light gauge steel building components are manufactured at state of art facilities to tolerances less than 1 mm. It’s a combination of software and hardware solutions that continue to evolve to meet a greater set of customer and industry needs. Prescient’s design and engineering team will integrate with the rest of the project design team including providing the necessary information for the design and engineering of the foundation and/or podium of the project. They will produce the required stamped drawings and calculations at all major design milestones. Prescient’s automated production of the building super structure provides the ideal platform to model other major building systems economically and effectively. The structural model can be produced very early during the design phase, enabling more accurate information to be available when it is most needed. The company also offers additional modeling services that can lead to significant cost savings by streamlining project coordination, eliminating conflicts on site, and providing more accurate information for detailed pricing exercises. A High Flying Executive Magued Eldaief spent 27 years as a senior executive in GE before arriving as Prescient’s CEO in 2017. He has built a world class leadership team from within the industry coupled with executives from other industries with deep functional experience. He has been instrumental in improving project and manufacturing execution and defining a clear technology and investment roadmap. Striking Appearance Since its inception, Prescient has grown from a few employees with a 6,000 SF pilot plant in 2013 to 400 employees and two 120,000 SF plants with 12M SF of annual production capacity. It has completed 37 buildings and over 5.9M SF of residential space and discovered additional customer needs with every project. This has led the company to launch many new products such as integrated stairways, elevators, metal decking, balconies and now external sheathing. Each of these new products has helped to reduce the time and cost of completing projects. Enticing Strategy Prescient’s system touches and affects not only the developer, architect and GC but also all the MEP trades working on the building. In many of its early projects, it was able to assemble the building at its accelerated pace (up to 20k SF/week) but the other trades weren’t prepared to keep up. Thus, the developer and GC really didn’t save anything from the speed at which the company framed the building. Now, the company holds pre-project summits where the GC brings all the trades to one of its current sites and describes how the project will work. The company makes sure everyone knows what to expect and how to organize their teams to operate at a pace consistent with it. Comprehensive Future Offerings In the opinion of Prescient, upcoming tech solutions will be addressing more and more of the industry’s needs and customer pain points. That’s why Prescient continues to innovate to solve a greater proportion of customer and industry challenges and will soon launch new digital portals which will bring even greater power and ROI to developers. The system has just recently been accredited to build structures up to 65 feet/5 stories in seismic regions. The first seismic project to feature the company’s approach is the 1.4M SF UC Davis student housing project. It’s the largest www.insightssuccess.com 2019| 39July
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  • 44. Comprehensive Cybersecurity Platform for the Digital-Era The Tech Disruptors 2019 Nex With a clear vision of delivering “Comprehensive Cybersecurity for the Digital Era” and solving the biggest cybersecurity challenges faced by digitization, Seceon came into existence back in 2015. Unlike the siloed solutions, Seceon’s platform was built ground-up to proactively detect breaches and threats via comprehensive visibility of all assets (users, applications, services and hosts and their interactions), and automatically contain and eliminate those threats in real-time. Seceon’s team is all about “Cybersecurity Done RIGHT” and making it happen each and every day. The company’s mission is to empower organizations of all sizes to proactively detect and automatically contain and eliminate breaches and threats in real-time. Its continued goal is to give customers the best comprehensive cybersecurity solutions, so that they can focus on their core business instead of worrying about cyber-security. Solutions that are Making Internet a Safer Place When it comes to solutions, Seceon provides industry’s first fully-automated solutions offering real-time, proactive threat detection, containment and elimination for all threat categories including Cybercrime (malware, ransomware, spyware, APTs), Insider threats (compromised credentials, insider threats, privilege misuse, UEBA), Denial of services for applications & protocols, Vulnerability exploits for web/emails/OS applications, Data breaches and exfiltration, Detect IT mistakes, IIoT/IoT Cyber-security, IDS and Network Behaviors. The company offers two solutions: aiSIEM™ and aiMSSP™ built on its award-winning Open Threat Management (OTM) Platform. TM Ÿ Seceon aiSIEM goes beyond traditional SIEM and eliminates the need for adding multiple silo solutions. It ingests raw streaming data – logs from all devices, OS, Apps and Services in the ecosystem, flows and subscribes to Microsoft® Windows® Active Directory™ service – from Cloud, Endpoints and other IT data sources. Ÿ Seceon aiMSSP™ enables Managed Security Service Providers (MSSPs) to offer outsourced security services, including 24x7 security monitoring, threat intelligence, and proactive threat detection, elimination and containment in real-time, at a nominal and predictable costs. The Passionate Leader Chandra Pandey, the Founder and CEO of Seceon, is passionate about cybersecurity and is renowned for developing innovative solutions. He holds multiple patents in security, networking and computing. Chandra works closely with customers to define and address the problems, implications, and solutions for defending corporate assets in today’s highly-connected enterprise. Chandra realized from the start that in order to really help the industry, Seceon would have to develop the best possible cybersecurity platform for enterprises and small- to-medium businesses (SMBs). It would also need solutions that worked instantly out-of-the-box, were easy for enterprises to manage, and were affordable for even small businesses which are increasingly targeted by cyber criminals because they often don’t have the expertise or resources to stop attacks. Thus, Chandra and his team created comprehensive, cost-effective and quick to deploy cybersecurity solutions that would solve the tough cybersecurity issues companies have been struggling with. Chandra fosters continued innovation at Seceon by empowering all team members with decision-making capacities, advocating open and respectful communications, and building a culture of continuous improvement. Seceon’s award-winning solutions are the result of 50+ passionate professionals on mission to do Cybersecurity Done RIGHT, instead of doing another “me too” product. When Eliminating Cybersecurity Threats is Prime Target Since the launch of its platform back in 2016, Seceon has won more than 80 cybersecurity awards including the recent 2019 Cyber Defense Magazine for “Hot Company MSSP Platform InfoSec Award”, “Next Gen Security Information and Event Management (SIEM) InfoSec Award” and 2019 Info Security PG’s Global Excellence award for Best SIEM Solution. www.insightssuccess.com42 |July 2019
  • 45. Seceon empowers organizations of any size to proactively detect and automatically contain and eliminate breaches and threats in real-time The company gained recognition from leading industry influencers including 451 Research, Ovum, Enterprise Management Associates, IDC Research, CSO, International Data Group, Markets and Markets, and Solutions Review. In 2019, Seceon aiSIEM was named as a leading solution in the “EMA Top 3 Decision Guide for Security Analytics.” Team Seceon has also built an award-winning channel partner program, steadily increasing and solidifying Seceon’s network of more than 50 US and international Managed Service Providers, value added distributors and reseller partners. Seceon continues to be laser-focused on eliminating cyber threats and staying ahead of cybercriminals by adding innovations to its aiSIEM and aiMSSP “Comprehensive Cybersecurity for the Digital-Era” solutions. Seceon’s culture helps spur its progress and innovation. Its culture is based on a strong passion to deliver on Seceon’s vision of “Cybersecurity Done RIGHT,” mutual respect for its peers, and an insatiable appetite to solve the digital era’s most urgent cybersecurity challenges. Tackling Challenges and Preparing for the Bright Future As a 100% channel-driven company, Seceon was initially challenged by partners whose processes and approvals required longer cycles to reach customer engagement. Over time, Seceon learned how to identify and partner with managed services providers (MSPs) and managed security services providers (MSSPs) that are equally vested in Seceon’s goals and motivated to quickly achieve them. According to Seceon, traditionally, enterprises have built their security posture by layering multiple security tools from firewalls, SIEM, User Behavior Analytics, SOAR, EDR, DLP, Email/Web Filtering, etc., and having a well- trained SOC team. But the truth is that this doesn’t do the job. Despite deploying these tools, enterprises still get breached and face malicious attacks causing data frauds on a day-to-day basis. With the shift towards cloud computing and IoT, the attack surface is growing exponentially. Additionally, in the face of advanced threats and increasing attack vectors, stacked silo solutions presents a false sense of “zero-trust” security that no longer suffice. These disparate silo security solutions are also inherently not designed to work together and, thus, leave holes that can be easily exploited by the attackers. Attackers leverage these gaps to intrude into the enterprise and then work their way deep inside. Seceon was founded with a clear vision of delivering “Comprehensive Cybersecurity for the Digital- Era” and solving the biggest cybersecurity challenges faced by digitalization. Unlike these siloed solutions, Seceon’s platform was created to proactively detect breaches and threats via comprehensive visibility of all assets (users, applications, services and hosts and their interactions), and automatically contain and eliminate those threats in real-time. Chandra Pandey CEO & founder www.insightssuccess.com 2019| 43July