DIY Dominates IP Camera Mkt & Flir Launches New Deep Learning Camera

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DIY dominates network camera market

Parks Associates’ Smart Market Product Assessment on networked cameras reports 68% of owners self-installed their networked camera in Q4 2018, compared to 49% in Q4 2016. This shift toward DIY options comes as both ease of use and retail availability for this product increase. Read more »

Editor’s Note: I realize that professionals in the security market may not want to hear this news, but it’s becoming an issue, one that savvy business folks will take time to study. There are two basic options: 1) profit from it, or 2) fight it. At the end of the day, the decision rests with you. –Al Colombo

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Flir launches first deep learning – enabled machine learning camera

Flir Systems, Inc. has just launched the Flir Firefly DL, the industry’s first deep learning, inference-enabled machine vision camera with Flir Neuro technology. Read more »

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EllaLink receives Global Carrier Award for Best Subsea Project of the Year

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EllaLink receives Global Carrier Award for Best Subsea Project of the Year | #TpromoCom #Connectivity #Communications #Award | DUBLIN, Ireland, Nov. 04, 2019 (GLOBE NEWSWIRE) — EllaLink has received a Global Carrier Award in the illustrious category “Best Subsea Project of the Year” during a ceremony held in London and taking place as part of the Capacity Europe 2019 conference. This much coveted award demonstrates true recognition of the project’s success from industry leaders, peers and the market at large.

The key factors that led the jury of industry experts to select EllaLink are:

Creation of a new diverse route connecting Latin America and Europe; Provision of the first low latency coherent network between these two continents; New secured landing in Sines, avoiding other congested areas in Portugal and creating a new cable landing station in a site ideal for data center expansion; Openness and neutrality working in close partnerships with clients; Openness to onward connectivity between Asia and Latin America thanks to the choice of providing secure and diverse routes to Marseille.

Alfonso Gajate, Member of the EllaLink Board and project founder, exclaimed: “I am proud of this award that is a recognition of the commitment and perseverance that has gone into the project since it was first conceived back in 2012. Ross Mullins and I have been joined along the way by key anchor tenants, our investor Marguerite, team members, partners and a lot of external supporters all sharing the belief that a direct link between Europe and Latin America was strongly needed.”

Philippe Dumont, CEO of EllaLink, added: “EllaLink is honored to have received this award which is a testament to the forward-looking view that has driven the development and implementation of this project. I would like to thank our anchor customers CVT, EMACOM, RedClara and GEANT, as well as Telebras, for their trust. We are working closely within our eco-system to bring to the market an alternative choice for those wishing to cross the Atlantic. Operations are progressing on schedule for achieving a ready for service date in 2020.”

Michael Dedieu, Managing Partner of Marguerite and Chairman of the board of EllaLink, declared: “Marguerite II joined EllaLink as financial sponsor back in May 2018 to finalize the development of this landmark project and to fund its construction. This accolade recognizes this asset’s quality as well as the tremendous amount of work accomplished by the management team over the last 18 months.”

The Global Carrier Awards are the wholesale telecom’s largest global industry celebration uniting industry leaders from across the international carrier community.

About EllaLink
EllaLink is an advanced optical platform offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe, linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four direct fiber pairs between Europe and Brazil. The landing sites in Fortaleza (Brazil) and Sines (Portugal) have been secured and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis.

To learn more visit ella.link.

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HID Global completes acquisition of De La Rue

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HID Global completes acquisition of De La Rue | #TpromoCom #HID #Acquisition #Security | HID Global has completed the acquisition of the international identity solutions business of De La Rue, the world’s largest commercial issuer of banknotes and passports.

The De La Rue business will be merged with HID’s citizen identity solutions portfolio, broadening HID Global’s leadership position, extending its capabilities to scale and assemble government-issued citizen IDs, and expanding the value delivered to customers.

“HID Global and the De La Rue international identity solutions business share the common goal of helping governments fulfill their e-government initiatives today and in the future by converging physical and digital identities to increase efficiency, security and flexibility,” said Stefan Widing, President and CEO, HID Global. “The acquisition sets the stage for HID to leverage the decades-long relationships De La Rue has had as a prime citizen ID supplier providing HID’s innovative solutions to governments seeking to modernise. From making it possible for citizens to use mobile IDs with their smartphones in everyday life to providing travelers with a more secure and convenient passport for border crossing, HID is transforming the citizen experience.”

Today, HID Global’s citizen identification solutions can be found in sixty percent of all government-issued electronic identity projects around the world. HID delivers complete, end-to-end system solutions that meet governmental requirements for national IDs, passports, foreign resident IDs, driver licenses, vehicle registration and other programmes.

To read the remainder of this news article, click here.

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Adoption of connected health devices highlights differences in UK and US

Adoption of connected health devices highlights differences in UK and US | #TpromoCom #Heath #ParksAssociates #IoT | The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions. 

CONSUMER ANALYTICS NEWSLETTER – ISSUE 64

The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions.

Adoption of connected health devices highlights differences in UK and US

Devices like digital pedometers, fitness trackers, and GPS sports watches are more common in the UK, while large fitness equipment like treadmills, exercise bikes, and ellipticals that have built-in app support are much more common in the US. Larger US home sizes, with more space for in-home fitness equipment, may explain the gap in adoption. Adoption of other connected health devices are similar across markets. One-third of consumers in the UK report owning at least one connected wellness/fitness device while just 15% report owning a connected medical device, like a Wi-Fi weight scale or blood pressure cuff.

Nearly 50% of consumers in UK broadband households report of having a chronic health condition with obesity, high cholesterol, hypertension, and asthma being the leading conditions. About half of the consumers with a chronic condition in the UK are interested in products and services that would help in managing their condition. Those with a chronic condition show a higher propensity to own a connected medical device and are good targets for remote patient monitoring or a health management program.

 For more information on this topic, see Parks Associates’ IoT in the UK: Consumers and Technology Adoption – Wellness, Telehealth and Independent Living. This study identifies adoption of connected health and personal emergency devices among UK consumers. The research also examines top caregiver pain points, and their willingness to pay for independent living solutions.

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Mercury Systems to Present at the Baird 2019 Global Industrial Conference

Mercury Systems (image)Mercury Systems to Present at the Baird 2019 Global Industrial Conference | #TpromoCom #Conference #Event #Security | ANDOVER, Mass., Oct. 22, 2019 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced that it will participate in the Baird 2019 Global Industrial Conference to be held Nov. 5-7, 2019, at the Four Seasons Hotel in Chicago. Management will present an overview of the Company’s business on Tuesday, Nov. 5, at 11 a.m. CST.

The presentation will be webcast live and may be accessed from the investor section of Mercury’s website at http://ir.mrcy.com/events.cfm. A replay of the webcast will be available for 90 days.

Mercury Systems – Innovation That Matters®

Mercury Systems is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com and follow us on Twitter.

Contact:
Michael Ruppert, CFO
Mercury Systems, Inc.
978-967-1990

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc.

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Oportun to report third quarter 2019 results on Tuesday, November 12, 2019

Oportun Logo (image)Oportun to report third quarter 2019 results on Tuesday, November 12, 2019 | #TpromoCom #oportun #Financial #Business | SAN CARLOS, Calif., Oct. 22, 2019 (GLOBE NEWSWIRE) — Oportun Financial Corporation (“Oportun” or the “Company”) (NASDAQ: OPRT) will release financial results for the third quarter of 2019 on Tuesday, November 12, 2019, after market close. Oportun will host a conference call and earnings webcast to discuss results at 2:00 p.m. PT / 5:00 p.m. ET on that day.

The dial-in number for the conference call is 877-407-9208 (toll-free) or 201-493-6784 (international). Participants should call in 10 minutes prior to the scheduled start time. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com. At the end of the call, a replay will be available through Tuesday, November 26, 2019, by phone at 844-512-2921 (toll-free) or 412-317-6671 (international), passcode 13695846, and a webcast replay will be available at investor.oportun.com for one year.

About Oportun
Oportun (NASDAQ: OPRT) is a high-growth, mission-driven Community Development Financial Institution (CDFI) and provider of inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low-to-moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun serves customers online, over the phone, or in person in English and Spanish in the following 12 states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin.

For more information, please visit https://oportun.com.

INVESTOR RELATIONS CONTACT
Nils Erdmann
VP, Investor Relations
ir@oportun.com

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New study examines consumer preferences related to new UI options

New study examines consumer preferences related to new UI options | #TpromoCom #Study #Report #Broadband | Quality of user interface (UI) more important than content recommendations in video service satisfaction

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New research from Parks Associates finds 70% of US broadband households with a major video service consider its user interface to be good, with 48% rating it “very good,” and these scores impact their willingness to recommend the service to others. Analysis of consumer responses reveals quality of the UI and the ease of finding content are the most likely factors to drive willingness to recommend a video service.

UI Preferences and Content Discovery examines consumer preferences related to new UI options and the ways that consumers find, and want to find, entertainment content. It also explores preferences by owners of various in-home devices and examines interest in new innovations such as smart speakers, personal assistants, and voice interaction.

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“User interfaces are a key factor driving satisfaction for OTT services, and Netflix, Hulu, and Amazon – the big three in OTT streaming – have largely set the standard for content navigation and ease of use,” said Kristen Hanich, Senior Analyst, Parks Associates. “Other services have had to follow similar structures established by these three, but as new OTT services launch with greater and greater expectations, innovations in UIs could be an even greater differentiator contributing to their success or failure.”

UI Preferences and Content Discovery reports that one-fifth of households cancelling an OTT subscription cited an inability to find something to watch as a factor.

“Consumers are interested in finding particular shows or genres of content and have less interest in browsing by channel,” Hanich said.

Additional data:

70% of CE purchasers said ease of use is a “very important” purchase consideration.

When searching for something to watch, 12% of OTT users consider recommendations from the service as their first step.

Apple TV owners give high marks to the device’s UI.

For more information about this research or to schedule an interview with an analyst, please contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers, and Future of Video: OTT, Pay TV, and Digital Media. www.parksassociates.com

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