Welcome!

Weblogic Authors: Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Digital China Announces FY2012/13 Interim Results Top Line and Bottom Line Achieved Stable Growth amidst Headwinds

HONG KONG, Nov. 20, 2012 /PRNewswire/ -- Digital China Holdings Limited ("Digital China"; Stock Code: 00861.HK), China's largest integrated IT services provider, today announced the unaudited consolidated interim results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 September 2012 (the "Period").

Results Highlights:

  • For the six months ended 30 September 2012:
  • The Group recorded turnover of HK$37,404 million, up 9.57% year-on-year as compared to HK$34,138 million for the corresponding period of last fiscal year. Turnover for the second quarter alone amounted to approximately HK$19,627 million, a record high for quarterly results.
  • The Group timely liquidated inventories to avoid risks, resulting in an overall gross profit margin of 6.87%.
  • Credit to stronger cost control measures, the expense ratio was lowered by 0.63 percentage point to 5.02% year-on-year.
  • Profit attributable to equity holders of the parent amounted to HK$741 million, up 11.39% as compared to HK$665 million for the corresponding period of last fiscal year.
  • Basic earnings per share were 69.39 HK cents, up 11.92% from 62.00 HK cents for the corresponding period of last fiscal year.

The Group meticulously advanced its [email protected] City-focused operating approach and proactive customer development plans formulated earlier in the year. During the Period, the Group reported trend-bucking business growth overall. In particular, turnover for the second quarter achieved another breakthrough and recorded a record high for quarterly results. Owing to its comprehensive and balanced business portfolio, the Group reported stable growth which reflected its strong resilience in outperforming its peers despite ongoing volatility in the consumer market. The Group's Systems Business continued to reap additional market share by closely tracking demand for the construction of data centres and cloud computing centres. At the same time, the development of CES and e-commerce channels supported the positive growth of the Group's Distribution Business. The Supply Chain Services Business reported business value enhancements following continual initiatives in structural optimization. Meanwhile, the prudent advancement of the "[email protected] City" strategy has cemented the foundation for the Group to carry on its service-oriented transformation in greater depth.

Financial Review

During the Period, the Group recorded turnover of approximately HK$37,404 million, a growth of 9.57% as compared to approximately HK$34,138 million for the corresponding period of last fiscal year.  Gross profit margin declined to 6.87% as the Group cleared its stocks swiftly in a judicious move to avoid risks amidst soft demand in the consumer market and increasing competition and uncertainties in technologies and products since the beginning of the fiscal year. Meanwhile the Group's expense ratio during the Period was lowered by 0.63 percentage point year-on-year to 5.02% due to stronger cost control measures in line with our persistent implementation of the operating principle of "prudent progress and streamlined establishment with enhanced efficiency". Other positive contributing factors included proactive stock clearance and enhanced trade receivables management. Profit attributable to equity holders of the parent during the Period amounted to approximately HK$741 million, up 11.39% as compared to approximately HK$665 million for the corresponding period of last fiscal year. Basic earnings per share were 69.39 HK cents, up 11.92% from 62.00 HK cents for the corresponding period of last fiscal year.

Since the beginning of the current fiscal year, risk control and cash flow management have been the Group's priority tasks for this fiscal year, fully considering the risks associated with market volatility. The Group's efforts have paid off well, assuring ongoing sound and stable business growth. Net cash inflow from operating activities amounted to approximately HK$338 million for the six months ended 30 September 2012 in sustained positive performance. Meanwhile, the Group stood at the industry's top levels in terms of working capital efficiency with further improvements, as represented by a cash turnover of 14.20 days for the period, being 1.35 days less than 15.55 days reported for the corresponding period of last fiscal year.

Segment Results


Six months ended 30 September


(HK$ million)

FY 2012/2013

FY 2011/2012

Change (%) YoY

Distribution*




Segment revenue

19,547

19,329

+1.13%

Segment gross profit

619

860

-28.00%

Segment results

145

290

-49.79%

Systems*




Segment revenue

13,350

10,699

+24.77%

Segment gross profit

1,203

1,007

+19.41%

Segment results

621

518

+19.90%

Supply Chain Services *




Segment revenue

550

584

-5.85%

Segment gross profit

117

103

+13.09%

Segment results

27

17

+54.42%

Services




Segment revenue

3,958

3,526

+12.25%

Segment gross profit

630

590

+6.90%

Segment results

311

138

+124.62%

*Restate: The Group started to make adjustments to business segments in the current fiscal year:

1. A sub-segment of the "Supply Chain Services Segment" will be devoted to the provision of professional supply chain management services including one-stop logistics and maintenance services, to hi-tech corporate customers and industry customers; another sub-segment will provide purchasing services to chain electronic stores (CES) for terminal products such as PC, notebook, smart devices, digital products, where CES is deemed as a retail format and an effective complement to the Distribution Segment which aims at a comprehensive coverage of all business formats. Therefore, this sub-segment has been reallocated to the Distribution Segment.

2. A sub-segment of the "Distribution Segment" will continue to focus on full channel coverage for all retail formats for IT products and devices, developing and supplying IT products and solutions of broader variety and higher value to consumer and SMB customers. Another sub-segment in the original Distribution Segment, covering products such as PC, servers, will become an important part of IT infrastructure building in line with the development of cloud computing, which will be more compatible with the business positioning of the Systems Segment, which aims to become a supplier of IT infrastructure products and solutions. Therefore, this sub-segment has been reallocated to the Systems Segment.

Business Review

Services Business (primary focus on the Industry Market, offering IT planning and IT systems consultation, design and implementation of industry application software and solutions, outsourcing of IT system operation and maintenance, as well as products and services in systems integration and maintenance)

During the Period, the Group reported turnover of approximately HK$3,958 million for the Services Business, up 12.25% as compared to approximately HK$3,526 million for the corresponding period of last fiscal year while gross profit margin remained at 15.92%. The Group assured stable growth in its Services Business by taking the initiative to reallocate resources, making the decision to dispose of its Telecom software business and focusing on the government corporation sectors instead where it had traditionally been a market leader as well as the fast-growing banking sector. The financial and government corporation sectors reported robust revenue growth of 71.18% and 38.91%, respectively.

During the Period, more projects streaming in for pure software as well as pure services and the transformation of Services Business continued to reach further depths. In the financial sector, the Group reported rapid growth in an emerging business known as "Financial Cloud Services," signing up more than 40 small and medium-sized financial institutions. In addition, the Group also secured important projects such as the core banking systems of Bank of Qinghai, Bank of Cangzhou, Bank of Beijing and China Merchants Bank and Enterprise Service Bus of Fujian Nongxin. Meanwhile, it maintained software development and testing service contracts with existing customers such as China Construction Bank, contributing to a substantial year-on-year growth of over 50% in contract amount from the financial sector. In the government corporation sector, new customers signed up for software and services projects included the Hebei Bureau of the State Administration of Taxation, Anhui Local Taxation Bureau, Ningbo Local Taxation Bureau, Shenyang Local Taxation Bureau and Tianjin Municipal Trade Union.

After years of development effort, the Group achieved steady progress of [email protected] City. Contract signings for [email protected] City solutions recorded year-on-year growth of 52%. As at 30 September 2012, the Group's [email protected] City national footprint has extended to 69 cities and we have signed strategic cooperation plans with 14 cities. The Group continued to launch successful executions for numerous maturing business types in various cities across the nation. Further to growing sophistication of the operation of the meat- and vegetable- source tracking system since its introduction to Suzhou, Wujiang and Taicang, among others, the Group has recently added the cities of Changshu and Kunshan to its clientele for this system, signifying the Group's full-scale development in the urban food safety sector and its ability to grasp more opportunities in these sectors. Meanwhile, the citizen card business continued to enjoy stable development, underpinned by recently signed up projects such as citizen card operation services for Zhangjiagang, the Karamay citizen card project, etc.

Distribution Business (primary focus on the SMB & Consumer Markets, engaging in the distribution of general IT products such as notebook computers, desktop computers, peripherals, accessories and consumer IT products)

Against a notable slowdown in the overall demand from the consumer market since the beginning of the current fiscal year in line with the macroeconomic downturn, the Group effectively neutralised the impact of lower turnover from the notebook computers business due to a lacklustre market by its strategy of detailed channel development to capitalize on the growth opportunities in CES and e-commerce businesses. The Group's Distribution Business reported turnover of approximately HK$19,547 million during the Period, an 1.13% growth year-on-year. In the meantime, the Group adopted more proactive measures to avert potential business risks through a variety of marketing initiatives to clear stock, which resulted in the gross profit margin declining to 3.17% year-over-year.

During the Period, the Group enhanced the coverage of CES and e-commerce channels, which resulted in strong turnover growth of 48.31% year-on-year in its CES business. In addition, the Group built this business into another important source of revenue on the back of long-term working relationships with key e-commerce customers. In the meantime, the Group has secured a solid foundation for the Distribution Business to achieve sound results in the second half of the fiscal year by making active preparations and deployments in a bid to capture new growth opportunities driven by more diverse applications and lower prices in an emerging market landscape featuring multiple competing platforms, following the launch of Microsoft's new operating system.

Systems Business (primary focus on the Enterprise Market, offering value-added distribution of systems products such as servers, networking products, storage products and packaged software)

During the Period, the Group outperformed the industry and it expanded market share reflecting its dominance in the Enterprise Market and value-added distribution segments. Turnover amounted to approximately HK$13,350 million, an increase of 24.77% as compared to approximately HK$10,699 million reported for the corresponding period of last fiscal year, while gross profit margin was 9.01%. The Systems Business contributed significantly to the Group's achieving its overall results during the Period.

In view of the growing maturity of cloud computing technologies, the Group's Systems Business developed more sophisticated models for strategic cooperation with leading vendors in cloud computing such as CISCO, Oracle and IBM during the Period. By integrating the strengths of partners with those of our own, the Group rolled out close cooperation in research and development, consultancy, pre-sale operations to sale. In addition to focusing on cloud computing data centre solutions by introducing leading-edge large-scale data centre products and solutions to meet the growing demand for cloud computing data centres, such cooperation initiatives also aimed to explore jointly the market for industry systems products in the financial, telecommunications and government sectors to enhance our strengths in these sectors.

Supply Chain Services Business (primary focus on the markets of Hi-tech Industries, Branded e-Commerce Platform Operators and Branded Service Providers, providing "one-stop" supply chain consultancy and execution in logistics, business flow, capital flow and information flow)

At the start of the current fiscal year, the Group's Supply Chain Services Business took the initiative to adjust businesses commanding lower gross profit while actively developing new segments in the logistics business to snatch market shares. Meanwhile, the proportion of services increased substantially through strong demand for maintenance services. The Supply Chain Services Business reported turnover of approximately HK$550 million during the Period. Gross profit margin improved by 3.56 percentage points to 21.26% as compared to the corresponding period of last fiscal year. In particular, the logistics business reported overall revenue of approximately HK$206 million, representing a growth of 59.09% as compared to the corresponding period of last fiscal year. In addition, the Group vigorously developed its e-commerce storage (B2C) business, increasing cooperation with existing strategic partners while tapping new customers. Through business streamlining, we have also secured improvements in our gross profit margin. Turnover generated from the Group's service station business increased by 4.2% year-on-year, while its gross profit margin was substantially increased by 4.05 percentage points year-on-year.

Market Outlook

Mr. Lin Yang, CEO of Digital China, commented, "During the first half of the fiscal year, the Group strictly advanced the principle of 'prudent progress, streamlined establishment with enhanced efficiency, and with a focus on [email protected] City'. Both our top line and bottom line achieved stable trend-bucking growth. In view of the complex market situation for the second half of the fiscal year, we will adhere strictly to the principle and actively prepare for various challenges arising from the volatile market. We will reinforce our current business foundation and actively identify new niches of business growth in order to mitigate the impact of macro-environment conditions and changes in the IT market. Meanwhile, we will also earnestly explore other models for [email protected] City operations, with the aim of forging pilot cities in the near future. While engaging in prudent business progress, we will continue as always to strengthen risk controls and operating cash flow management, continue reforms of internal administrative mechanisms, optimise staff efficiency and enhance organisational effectiveness, with a view of accomplishing of business targets for greater shareholders' value."

About Digital China

Digital China Holdings Limited ("Digital China" or the "Group"; Stock Code: 00861.HK) is the largest integrated IT services provider in the Greater China area. Digital China provides end-to-end integrated IT services for customers on the back of a complete IT services value chain that covers IT planning and consultation, IT infrastructure system integration, design and implementation of solutions, design and development of application software, outsourcing of IT system operations and maintenance, IT distribution and maintenance, etc.

Digital China is driving the [email protected] City initiative in tandem with China's 12th Five-Year Plan. By facilitating consolidation and innovation through IT advances such as cloud computing, mobile internet and the internet of things, the Group seeks to advance China's new urbanization progress. As the largest integrated IT services provider in China, Digital China has comprehensive service capability and business coverage that ranges from [email protected] City framework design and planning, [email protected] City IT infrastructure implementation to [email protected] City operational services. Leveraging on its extensive expertise and experience in informatization, Digital China has become China's leading [email protected] City expert that boasts a forward-looking theoretical structure and has the largest stock of successful cases.

For additional information about Digital China, please visit the Group's website at www.digitalchina.com.hk.

For investor and media inquiries:

Neal He

Digital China Holdings Limited

Tel: +86-10-8270-5635

Email: [email protected]

 

Lily Lai

Digital China Holdings Limited

Tel: +852-3416-8133

Email: [email protected]

Henry Chik

PRChina

Tel: +852-2522-1368

Email: [email protected]

 

Camille Xiong

PRChina

Tel: +852-2522-1838

Email: [email protected]

 

Judie Zhu

Digital China Holdings Limited

Tel: +86-10-8270-7818

Email: [email protected]

 

David Shiu

PRChina

Tel: +852-2522-2823

Email: [email protected]

 


CONDENSED CONSOLIDATED INCOME STATEMENT


Three months ended

30 September 2012

Six months ended

30 September 2012

Three months ended

30 September 2011

Six months ended

30 September 2011


(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)


HK$'000

HK$'000

HK$'000

HK$'000






REVENUE

19,626,814

37,403,597

18,099,893

34,137,847






Cost of sales

(18,398,345)

(34,834,401)

(16,763,558)

(31,577,521)






Gross profit                                                       

1,228,469

2,569,196

1,336,335

2,560,326






Other income and gains

316,806

418,039

230,754

381,656






Selling and distribution costs

(711,626)

(1,419,679)

(759,605)

(1,366,100)

Administrative expenses

(156,042)

(287,647)

(144,081)

(264,941)

Other operating expenses, net

(137,600)

(169,489)

(163,925)

(297,507)

Total operating expenses

(1,005,268)

(1,876,815)

(1,067,611)

(1,928,548)






Finance costs

(79,883)

(156,856)

(63,898)

(162,134)

Share of profits and losses of:





Jointly-controlled entities

2,133

1,179

(268)

(409)

Associates

(14,263)

(10,274)

8,647

14,833






PROFIT BEFORE TAX

447,994

944,469

443,959

865,724






Income tax expense

(30,672)

(99,340)

(112,879)

(149,133)






PROFIT FOR THE PERIOD

417,322

845,129

331,080

716,591






Attributable to:





  Equity holders of the parent

340,461

741,072

308,150

665,320

  Non-controlling interests

76,861

104,057

22,930

51,271







417,322

845,129

331,080

716,591






EARNINGS PER SHARE ATTRIBUTABLE TO  ORDINARY EQUITY HOLDERS OF THE PARENT





Basic


69.39 HK cents


62.00 HK cents






Diluted


68.57 HK cents


61.68 HK cents

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION



At

30 September 2012


At

31 March 2012



(Unaudited)


(Audited)



HK$'000


HK$'000

NON-CURRENT ASSETS





Property, plant and equipment


1,372,202


1,236,475

Investment properties


211,078


305,005

Prepaid land premiums


189,062


163,215

Goodwill


236,762


236,377

Intangible assets


7,176


4,591

Investments in jointly-controlled entities


79,850


33,224

Investments in associates


683,892


780,739

Available-for-sale investments


557,231


214,321

Deposit paid for acquisition of property and

  land use right


 

157,152


 

-

Deferred tax assets


60,570


32,135

Total non-current assets


3,554,975


3,006,082






CURRENT ASSETS





Inventories


4,737,215


5,154,490

Trade and bills receivables


12,603,423


10,787,427

Prepayments, deposits and other receivables


4,451,091


3,527,378

Derivative financial instruments


61,934


92,440

Financial assets at fair value through profit or loss


185,819


-

Cash and cash equivalents


3,309,577


4,253,966



25,349,059


23,815,701

Non-current asset classified as held for sale


12,467


-

Total current assets


25,361,526


23,815,701






CURRENT LIABILITIES





Trade and bills payables


13,549,167


12,315,472

Other payables and accruals


2,363,876


2,728,849

Tax payable


195,470


201,525

Interest-bearing bank borrowings


3,174,430


2,323,895

Bond payable


36,675


-

Total current liabilities


19,319,618


17,569,741






NET CURRENT ASSETS


6,041,908


6,245,960






TOTAL ASSETS LESS CURRENT LIABILITIES


9,596,883


9,252,042






NON-CURRENT LIABILITIES





Interest-bearing bank borrowings


1,552,500


1,692,000

Bond payable


-


36,615

Total non-current liabilities


1,552,500


1,728,615






NET ASSETS


8,044,383


7,523,427


 

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued)



At

30 September 2012


At

31 March 2012



(Unaudited)


(Audited)



HK$'000


HK$'000

EQUITY





Equity attributable to equity holders of the parent





Issued capital


109,291


109,273

Reserves


7,132,057


6,286,928

  Proposed final dividend


-


424,986



7,241,348


6,821,187

Non-controlling interests


803,035


702,240






TOTAL EQUITY


8,044,383


7,523,427

SOURCE Digital China Holdings Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.