BlackBerry Acquisition Means It Will Never Again Be A Consumer Tech Company

first_imgRole of Mobile App Analytics In-App Engagement “Negative press on its situation can sometimes be a self fulfilling prophecy, and the market may not be kind to them even if they do provide innovative products and services (something they have been late doing in the past),” said mobile analyst Jack Gold of J.Gold & Associates. The Fairfax Financial buyout potentially gives BlackBerry room to take a step back from trying to be everything to everyone and to do what it is good at: creating secure hardware and software and facilitating communication via email and instant messaging.Those capabilities fall in the services and collaboration divisions, respectively. Under Fairfax, BlackBerry doesn’t need to release a brand-new device every quarter to keep up with Samsung and HTC. It doesn’t need to make a device that has the appeal of the iPhone and the ubiquity of a Samsung Galaxy. It can work to keep its existing customers happy, while focusing on its BlackBerry Enterprise Services (BES 10) clients and extending BlackBerry Messenger. BlackBerry will become a mobile device and application management company from here on out.Enterprises Are The Only Paying CustomersPrem Watsa, the chairman and CEO of Fairfax, essentially said that BlackBerry is going to completely forget about the consumer market to focus all of its energy on the enterprise. “We believe this transaction will open an exciting new private chapter for BlackBerry, its customers, carriers and employees. We can deliver immediate value to shareholders, while we continue the execution of a long-term strategy in a private company with a focus on delivering superior and secure enterprise solutions to BlackBerry customers around the world,” Watsa said in a press release announcing the acquisition offer. BlackBerry probably isn’t going to get a better offer than the $4.7 billion that Fairfax is serving up. Fairfax allows it to continue to exist without the outside pressure it has been facing for the last three years. BlackBerry’s other options are to shutter the company or break apart along divisional lines.“The Services division, driven primarily by BES and BB’s move into MDM/MAM, also has some legs and could generate growth. The three divisions taken together could have synergies that could keep BB running as a viable concern. But it won’t be easy,” Gold said. “So, with all the potential outcomes (sale, shut down, breaking up) this is probably the best possible outcome for BB. Whether it’s too little too late is yet to be seen.” dan rowinski Tags:#BlackBerry Why IoT Apps are Eating Device Interfacescenter_img Related Posts What it Takes to Build a Highly Secure FinTech … BlackBerry is about to get acquired. The player that has swooped in to rescue Canada’s largest tech company? Not Microsoft. Not Samsung, Google or Facebook. Amazon is nowhere to be seen.It’s a financial services company. BlackBerry is likely to accept a buyout offer from its largest shareholder, Fairfax Financial, for what will amount to $4.7 billion. The deal is subject to approval and diligence on both sides. BlackBerry has until November 4 to get better offers. Once the sale is complete, Fairfax Financial will take BlackBerry private. BlackBerry’s fall from grace now officially appears to be complete.Or is it?BlackBerry has three divisions—services, collaboration and devices. The devices division is historically what has driven the company, as its BlackBerry smartphones were once iconic status symbols for any business person. Everybody used BlackBerrys, from the CEOs of huge corporations to college students zipping BlackBerry Messenger at all times of the day. The hardware division of BlackBerry is basically dead. The newest devices running BlackBerry 10 are consumer and enterprise duds. The only smartphones that BlackBerry sells now are its old BlackBerry 7 devices that are well trusted by large corporations and government officials. Last week, BlackBerry announced that it had lost nearly a billion dollars in its most recent financial quarter and that sales of BlackBerry 10 devices had been basically zilch. The dream of BlackBerry reemerging from its fall and conquering both the enterprise and consumer markets again is dust.BlackBerry now makes no pretensions: it is now an enterprise security company.The Monkey Comes Off BlackBerry’s BackWhen everybody always tells you that you’re a loser, you eventually start to believe it. BlackBerry has been buried by the press and analysts for so long that the company has started to believe it itself. The Rise and Rise of Mobile Payment Technologylast_img read more

Roost wants to keep you from laying pipe all night long

first_imgWhy IoT Apps are Eating Device Interfaces Tags:#CES2017#insurance#Internet of Things#IoT#Roost#smart home#water damage Related Posts Smart home supplier Roost has confirmed at the Consumer Electronics Show (CES) 2017 that its Smart Water Leak and Freeze Detector is now available for pre-order.The appliance aims to improve home safety by sending “up-to-the-minute” alerts to a homeowner’s smartphone on any water damages. Roost says the detector could save the consumers and the insurance companies $10 billion in water losses and claims every year.See Also: The Eyes have it: Bosch adds new camera to smart home lineupThe detector can recognize different types of water damage, depending on where the homeowner places the device. It can alert homeowners to broken pipes, basement leaks, frozen pipes, mold and mildew damage, and problems with heating and cooling systems.Only five minutes to set upAccording to Roost, the water and freeze detector can be set up in five minutes and does not require a professional installation, unlike some other detectors on the market. It also lasts for three years on four AAA batteries, while connected to the home Wi-Fi network.“With the new Roost Smart Water Leak and Freeze Detector, we are expanding our smart home product offering to help mitigate the risk of water leaks and freeze damage in homes and apartments,” said Roel Peeters, Roost CEO and co-founder.“Especially timely for the cold winter months, the Smart Water Leak and Freeze Detector provides a best-of-breed solution, at an affordable price point, that delivers critical smartphone alerts, to help owners take faster action and mitigate the nightmare of costly home repair work,” he added.Roost won an Innovation Award Honoree in the Smart Home category at CES 2017 for the Smart Water Leak and Freeze Detector, and the device has been on display at the event.It will start shipping the water damage detector to consumers in February. David Currycenter_img Follow the Puck Internet of Things Makes it Easier to Steal You… Small Business Cybersecurity Threats and How to…last_img read more

Blockchain in Retail: Changing the Shopping Experience

first_imgRelated Posts Why is Bitcoin Soaring? Blockchain – Impending Revolution in Glob… Tags:#Blockchain While blockchain may have initially started out as the technology behind cryptocurrency, numerous innovators have quickly found other applications for it. Besides other non-financial applications like cloud storage, contracts, and smart cities, blockchain is viewed as an ideal solution for disrupting the retail landscape. While the changes may not be able to be implemented overnight in retail and will require mass adoption, the current ways blockchain is being incorporated can go a long way to transforming the shopping experience.Re-imagining Retail Data Collection and AnalysisData improves the shopping experience for customers. Blockchain delivers an efficient way to collect and analyze the available information. Working with artificial intelligence and blockchain, OSA DC is a decentralized platform that gathers and assesses data in real-time from sources like consumers and retailers.What has happened is that so much data is now available from so many locations that it is fragmented. This fragmentation makes it challenging to sift through and find the type of patterns that can direct how a retailer changes their customer experience to respond to specific needs and expectations described within the data. These become missed opportunities for retailers. However, a blockchain platform collects data from across the supply chain. Then, it uses machine learning to add structure to the information.However, creating a single ecosystem for the data accomplishes even more for the retail environment. Blockchain can enhance the inventory tracking process, including reducing overstocking and understocking. Since blockchain uses a highly secure ledger format, the product data is more reliable and secure from tampering. Finally, blockchain’s ability to gather accurate information can reduce supply chain product waste.Providing a Marketplace of Materials, Resources, Components and MoreRetail product companies have often struggled to get the best pricing on components, materials, and parts as well as connect directly with manufacturers that will deliver quality every time. This process involved a centralized system with middlemen. This meant higher pricing, limited access to manufacturers, a slower, often error-riddled process.That’s where a blockchain company like Hamster Marketplace can change the retail game. Its decentralized platform is a marketplace for unique electronics and connects retail companies directly with device manufacturers. Vendors that join the manufacturing platform are verified to ensure they can provide the best quality, pricing, and terms for the retailers seeking to connect with them. This is especially ideal for retailers seeking small batch productions of their products.Blockchain ensures data is connected to each partnership and oversees the ordering and delivery system. Additionally, it can even handle an arbitration system for the marketplace to resolve any issues between the retailer and manufacturer.Serving as a Supply Chain LedgerBeyond the marketplace relationships that can develop and thrive because of the blockchain, it’s the entire supply chain that often inhibits a retailer from providing the best possible shopping experience for its customers. While all segments of retail can benefit, it can make a world of difference to the grocery segment that involves perishable products and volatile demand.As one article from INS explained, “With local producers struggling to get onto the shelves and major retailers dominating the market, the global supply chain stays inherently unbalanced in terms of bargaining power abuse. As mega-chains aim to reduce stock-outs and have their shelves full at all times, the situation results in significant inefficiencies such as increased food miles, scams, and waste.”Blockchain ensures supply chain and logistics data remains authentic and secure. This includes overseeing every record and form in the supply chain. That means no tampering. Plus, there is a time-stamped record of every step in the supply chain. Everything is independently verified. The result is greater control over product manufacturing location, process, and timing. Additionally, a blockchain supply chain model also allows a retailer to dictate transportation, storage, delivery, and presentation.Examples of blockchain inventory and supply chain management systems include those developed and launched by IBM, Microsoft, and Mojix. These retail-oriented blockchain platforms are set to transform how retailers can align their inventory with end-user demand for an enhanced shopping experience. WAVE is another example of a blockchain company that offers a decentralized database that leverages blockchain to document every action in a supply chain.Validating Product Authenticity and Building TrustCounterfeit goods continue to plague global retailers and consumers who seek to enjoy luxury brands. Knockoff goods are often available at the local swap meet. However, finding them on legitimate online retail sites may be surprising. Fake goods are a significant global issue. One source quantified the problem: “Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports, according to the OECD and the EU’s Intellectual Property Office. Up to 5% of goods imported into the European Union are fakes.”That’s where blockchain can shut down the chances of receiving fake merchandise. The technology tracks and verifies a product’s entire lifecycle. That means there is no way that a fraudulent distributor can get their fake items past a retailer that uses a blockchain platform for its merchandise.Along with this authenticity comes transparency that helps consumers know more about what they are buying.  Consumers get access to data collected during the verification process. That includes the where, how, and when about the product. Also, it could provide insights into the materials used.  That additional information helps engage the consumer as well as establish trust between them and your retail brand.Provenance helps show where their food was grown, including whether it was local. Also, the data provided verifies ingredients for consumers who are concerned about allergies. The blockchain platform helps a consumer avoid specific products.A New ExperienceFrom a more efficient supply chain aligned with cyclical end-user needs and marketplaces with higher quality components to the ability to provide the most authentic products possible for consumers, blockchain technology is altering how the retail environment works to enhance the overall experience. In return, retailers will yield satisfied customers, a stronger brand reputation, and opportunities to win over more consumers. Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. How Blockchain Changes Nowadays Business Security Brad AndersonEditor In Chief at ReadWrite ToyBox and PlayTable Partner Together For Block…last_img read more

63% turnout in Rajasthan bypolls

first_imgAn average 63.76% polling was recorded in the Alwar and Ajmer Lok Sabha constituencies in Rajasthan, where byelections were held on Monday. At Mandalgarh, 76.57% of the electorate exercised their franchise for the byelection to the Assembly seat in Bhilwara district. No major untoward incident was reported from anywhere in the State during the polling.The counting of votes will take place on February 1. The three constituencies had a total 39 lakh voters. The polling in Alwar, with 11 candidates in the race, was recorded at 62.12%. In Ajmer, 65.41% of the electorate votes for 23 candidates. The Mandalgarh Assembly bypoll saw eight contestants. Electronic voting machines were used with the voter-verified paper audit trail (VVPAT) and the candidates’ photographs for the first time in the State. Technical failures were reported at several polling booths in Ajmer, where EVMs stopped working. Voting resumed after the snags were rectified.last_img read more

Odisha rolls out plan to reduce snakebite deaths

first_imgWith snakebites emerging as the leading cause of natural disaster deaths in Odisha, the State government has decided to ensure deployment of doctors at primary health centres in snakebite-prone areas and make ambulances available for swift transfer of patients to hospitals.As many as 1,716 people lost their lives due to snakebites during the past three years. The number of casualties due to snakebite, highest among all disasters, accounts for about 37% of the total disaster deaths (4,689) during the period.“We have asked the Health and Family Welfare Department to ensure availability of medical officers at primary health centres in snakebite-prone areas. Besides, required number of 108 ambulances will be made available in blocks for shifting snakebite patients to the nearest health institution,” said Bishnupada Sethi, Managing Director of the Odisha State Disaster Management Authority.The State government is working on a plan to bring all snakebite victims to the nearest health institution at the earliest for medical examination and administering anti-venom. Highest deaths The highest of 164 deaths has been reported from Balasore district, followed by 147 in Ganjam and 145 in both Keonjhar and Mayurbhanj during the period.last_img read more