Intuitive (Nasdaq:ISRG) announced that it appointed Align Technology executive Sreelakshmi Kolli to its board of directors.

Intuitive appoints Align Technology exec to its board

Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Insulated Gate Bipolar Transistors (IGBT) market.

Projected Growth: Insulated Gate Bipolar Transistor Market Set to Reach US$ 14.9 Billion by 2033, Displaying an 8.3% CAGR

Coal India Ltd305.25-1.62% M&M1506.10-4.01% Adani Ports SEZ770.350.16% Vedanta 212.25-2.09% Coal India Ltd305.25-1.62% Sanofi India7325.40-1.97% Castrol India135.25-0.98% Chennai Petro521.80-2.36% GE Shipping798.75-2.54% Trending in Markets

Buy L&T Technology Services, target price Rs 5210: Motilal Oswal

With this new access to information, the programme hopes to improve ... while driving forward our ambitions to make the UK a science and technology superpower.” Currently, satellite services support activity that contributes £370bn to the UK economy ...

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Fintel reports that on October 17, 2023, Wolfe Research upgraded their outlook for Fidelity National Information Services (NYSE ... FIS is a leading provider of technology solutions for merchants ...

Wolfe Research Upgrades Fidelity National Information Services (FIS)

L&T Technology (LTTS) posted in-line revenue of USD288m in 2QFY24, up 3.2% QoQ CC (incl. SWC). Growth was driven by Transportation and Plant Engineering verticals, with 4.4% and 3.8% QoQ growth ...

Buy Larsen and Toubro Technology Services; target of Rs 5210: Motilal Oswal

Ravago Americas LLC announced yesterday the acquisition of Polymer Technology & Services LLC (PTS; Murfreesboro, TN). PTS will become part of Ravago's Amco Polymers business, a North American distributor of commodity, engineering and specialty polymers.

Ravago Americas acquires Polymer Technology & Services

What is Business Information Technology? Business information technology helps organizations solve problems and enhance processes to improve efficiency, serve customers and achieve business goals. Sometimes referred to as business IT or BIT, business ...

Business Information Technology Jobs & Careers

Heartland Value Fund highlighted stocks like Stewart Information Services Corporation (NYSE:STC) in the third quarter 2023 investor letter. Headquartered in Houston, Texas, Stewart Information ...

Should You Hold Stewart Information Services (STC)?

Get the most recent info and news about Infopulse on HackerNoon, where 10k+ technologists publish stories for 4M+ monthly readers.

Infopulse is an international IT provider of software development, IT infrastructure management, cloud, SAP, and cybersecurity services.

Infopulse

The automotive industry will never cease to grow technologically with each passing day. Numerous automobile manufacturing firms choose to make their processes efficient by adopting automation, AI, ML, and IoT. To make it happen, several automotive software development companies assist the automotive industry. Our tech experts conducted a review of the most powerful automotive product development companies. While researching, our team identified that different companies fall under different categories of technological advancement. We have classified the companies into three levels based on their degree of use of modern technology. Read on as we walk you through it! Here is the list of top automotive software companies 2023 1. RisingMax - Automotive Software Development Company RisingMax’s scope of services is rich and consists of developing solutions for Connected & Internet Cars, Telematics, , Smart Bikes, Navigation & Mapping, HMI, and Security. On scrolling through their technology section, modern technologies like blockchain, AI & Machine Learning, Cloud Computing, AR/VR, Big Data, and IoT. EV Charging RisingMax is amongst the most trusted and result-oriented automotive engineering companies. Backed by a highly experienced team of developers, testers, and business developers, the company is rising as a citadel of excellence. The client reviews, testimonials, and case studies exhibit their level of expertise. Amazingly, it has proved to be the right development partner for many automotive companies and successfully delivered numerous projects. To back our research, we analyzed the relevant case studies on the company’s website. 2. Intellias - Automotive Software Company With the advent of trends like connectivity, electrification, and shared mobility, automotive engineering consultancy firms like Intellias are carving a special place in the marketplace. The company offers phenomenal automotive software development services by leveraging the potential of technologies like , AI & ML, Big Data, and IoT. blockchain The company’s solution suite consists of autonomous driving & ADAS, digital cockpit, connectivity & telematics, and automotive back-end systems. The company has been delivering production-grade software used by OEMs and Tier 1 suppliers across the globe. Various automotive companies trust Intellias for their safe and AI-based software. Additionally, its eye-grabbing success stories and genuine client reviews further strengthen its position and reputation as an automotive engineering consultancy firm. We would now like to take you towards seeking an answer to a central question. After all, you are here not just to know about the top automotive engineering companies but beyond that, too. 3. Suffescom Solutions - Automobile App Development Company Suffescom Solutions is another company that caught our attention. The company offers web & mobile app designing, development, and digital marketing services. One of the prime reasons behind Suffescom Solutions being counted amongst the top automotive product development companies is its ability to deliver solutions possessing stunning designs and functionality. Moreover, the company’s customer-centric approach makes it stand apart from the crowd. The team of developers at Suffescom Solutions knows the knack to build highly functional platforms for the automotive industry and match their modern needs. Its real-time solutions have assisted many automotive companies in obtaining the perfect result. Besides, the client reviews tell a lot about their expertise and approach towards developing the right solutions. 4. Deloitte Deloitte is one of the most reliable and tech-driven automotive software development companies that have transformed the automotive sector with their modern solutions. This product company has introduced revolutionary services to the automotive world and assisted many companies by bringing them to the forefront. 5. Infopulse Infopulse offers a full cycle of automotive software development services that are highly flexible and scalable. Its 30 years of presence in the market has allowed many automotive companies to leverage its expertise and outgrow the competition. The company’s software development processes are based on A-SPICE, AUTOSAR, ISO 26262, and MISRA-C++ standards and best international practices. Being one of the top automotive engineering consultancy firms, Infopulse is at a dominant position and has earned massive recognition for its back-to-back successful projects. The company ensures faster time-to-market, greater productivity, and increased revenue generation for its clients. Its automotive competencies include embedded in-vehicle infotainment (IVI) systems, telematics, , security solutions, and blockchain solutions. NFC systems 6. McKinsey McKinsey is one name that drives growth and deserves a place on the list of automotive technology and engineering consulting firms. While it continues to grow with each passing day and serve the automotive industry, it is sure to remain one of the best automotive product development companies. McKinsey has a broader scope of services and caters to a vast automotive clientele to offer them what they require. The firm renders automotive by helping them prepare for uncertainty, reshaping their value proposition, and expertise for market entry & network expansion. It's software products enable automotive companies to automate their processes and find solutions to the growing demands. OEMs 7. Belitsoft Belitsoft has earned recognition, and this is why we have added the company’s name amongst the best automotive engineering services companies. Its software development solution includes repair management, parts management, job cost, production management, technician tracking, AR management, and scheduling. A case study present on their website tells how efficiently the company developed a custom SaaS ERP and CRM platform for car service stations. By the end of 2017, the platform recorded its use by 200+ customers of its clients. Amazingly, the platform is available in English, French, and Spanish versions. Moreover, the clients’ feedback empowers its position and will keep on assisting it to maintain its rank to be considered as one of the most reliable automotive engineering consultancy firms. 8. KandaSoft KandaSoft bags the seventh position in our research for listing the top 9 automotive engineering services companies. Its dedicated team and agile development process enable it to develop faster to market software solutions for the automotive industry. The company involves full-cycle application development services, including Cloud engineering & optimization, Analytics & Big Data solutions, AI & Machine Learning implementation, and 24*7 maintenance & support. The firm has provided scalable solutions to innumerable automotive companies and modernized them massively. And this makes way for the company to secure a good position and recognition amongst automotive engineering consulting firms. The client reviews and testimonials say a lot about their expertise and the trust they have made amongst the clients by providing world-class software products. 9. ELEKS ELEKS offers custom automotive engineering services. Companies that have made a mark as the developers of software products for the automotive industry have ELEKS amongst them. The company’s services include process & technology consulting, predictive & prescriptive analysis, idea validation & PoC, and custom automotive software solutions. ELEKS utilizes trending technologies like Data Science & Machine Learning, Blockchain, Internet of Things, advanced Data Analytics, Telematics, and more. Its rich portfolio exhibits its domain expertise and knowledge about developing software that provides maximum benefits to an automotive company. 10. OrangeMantra Last but not least, OrangeMantra is a solution provider for brands and OEMs. The company builds and designs highly engaging and user-centric automotive software for startups and big companies. The team works on technologies like IoT, AR/VR, ML, Blockchain, and more. This is what enables them to deliver custom automotive software solutions. The company’s expertise comprises Connected & Internet cars, EV Charging software, Smart Bikes, Telematics, Autonomous & , Navigation & Mapping, IoT & Embedded solutions, and more. The integration of modern technology makes OrangeMantra one of the top-rated automotive engineering consulting firms in modern times. ADAS How Automotive Software Will Play a Disruptive Role in the Industry? Autonomous vehicles are on their way to becoming a reality, and the given fact has already increased the pace of the industry’s growth. With so much modernization happening in the market, automotive software will grab the lion’s share of the market growth. Internet of Things The Internet of Things connects a thing with other things and will play a crucial role in the future of the automotive industry. The technology is efficient in enhancing user experience by integrating with smartphones and watches while making way for the voice recognition feature. Application of IoT in The Automotive Industry 1. Real-Time Vehicle Telematics 2. Cellular Vehicle to Everything (CV2X) 3. IoT based Predictive maintenance 4. In-vehicle Infotainment Artificial Intelligence Artificial Intelligence is already enhancing the user experience across other industries, and the automotive industry is no exception. IoT interconnects various devices and renders a more personalized experience to the drivers while integrating entertainment functionality. V2V Innovations Vehicle to vehicle innovations will allow cars to send data to each other through wireless networks. A sharp decrease in the number of accidents will follow the feature by transmitting information even before humans can see or assess the condition. Health Monitoring Health monitoring devices will monitor distracted driving and fatigue. The technology will be linked to IoT and devices like fitness trackers and other health apps. Moreover, the technology will also be integrated with the car’s software. Automated Vehicles Automated vehicles will soon be a reality and will automate all the driving functions. Presently, the latest car models are integrated with automatic braking sensors, parking cameras, and self-parking capabilities. Mobility as a Service (MaaS) will come as an alternative to actually owning a car and those who do not drive often. People will be able to have a car with them with a few clicks. This eliminates the need for people to own a car. Mobility as a Service Engine Transformation In the coming years, electric vehicles will put an end to traditional cars. Moreover, this transformation will positively impact the environment, and people will begin to adopt them by giving up diesel or petrol cars. Summing Up: Times will never remain the same, and neither will the list of automotive technology and engineering services companies. However, we have strived to bring the most updated list to you. Although the automotive industry has delayed adopting technology, you can avail early bird advantage of acting now for your automotive company. We hope this list of the best automotive engineering consulting firms will scale up your company’s operations, streamline disparate processes, increase productivity & efficiency. And this will happen since you must have furnished yourself with appropriate information on which automotive software company to choose from the list of automotive product development companies. We would keep you updated with our latest research and reviews so that you stay one step ahead of others. Happy reading!

10 Best Automobile Software Development Companies Worldwide 2023

Las 10 mejores empresas de desarrollo de software para automóviles del mundo

In January, we published a blog post about It is a prosperous industry that reached 6.8 billion USD in 2021, strongly supporting national exports. When the war knocked on the doors of millions of Ukrainians, the IT companies were ready to protect and support their land and business – as much as they could. the state of the Ukrainian IT market. This new post is about Ukrainian IT companies coping with the Russian invasion. It is wrong, it should be stopped, and we are in this fight together. How Many Specialists Got Back to Work On average, Ukrainian companies report that of employees have returned back to their regular working schedules. 85%-90% Most companies needed a week to stabilize internal processes and help team members with relocation. At the same time, some specialists were ready to restart their activities almost immediately to get away from the disturbing news. For obvious reasons, companies from western Ukraine took only a day or two to get used to the new reality. This region is the least affected by the invaders. Relocation Most of the northern and eastern regions along with the capital Kyiv are now the conflict’s hot spots. People there live in shelters for the most part, so IT companies have taken measures to relocate their employees. Chats and hotlines This is the first support stage. Volunteers (mostly HR managers and recruiters) sort out various requests from employees and provide consultations. The hotline and supporting chats in Luxoft started to work within the first hours of the invasion. They are still 24/7 active for all team members. Shelters in the office buildings Most companies with offices in western regions or abroad offer temporary shelters for employees and their families. While they are safe in the office building, the company is looking for accommodations to stay for a longer time. CHI Software opened a new office in Lviv and now it serves as a full-fledged hostel for people and their pets. Two offices of GlobalLogic in Lviv turned into 24/7 coordination hubs where employees can get everything they need. Many companies organize bus transfers to various countries and regions. For example, during the first two weeks of the war, helped 1140 people to relocate. transported its team to Slovakia, Bulgaria, Poland, and other countries. At the moment, mostly women and children can freely cross Ukrainian borders. Transfers across the country and abroad Sigma Software Astound Commerce set up a coordination process for each bus trip and created a list of recommended things to have on the bus. SoftServe In most cases, companies announced relocation opportunities before the invasion. Early preparations helped businesses to start relocation immediately and avoid panic among employees. In critical circumstances, centralized coordination helped a lot. created the Emergency Response Team that includes managers of different levels who can quickly react to changing conditions and act accordingly. Intellias Where Are Ukrainian Developers Now? Now Ukraine is under martial law. of IT specialists are males, which causes certain relocation tendencies. Men aged 18 to 60 can’t flee the country, so the number of experts abroad is relatively low now. Around 75% In small companies, only of employees left Ukraine. In bigger companies, more people were working abroad before the war started (10%-20%), and now this number is expected to grow. In Infopulse, 57% of employees are now in more secure Ukrainian regions, and 20% are working abroad. 5%-7% Some specialists made a conscious decision to stay in hot spots. Companies keep in contact with them to help in case of an emergency. Team Productivity and Adaptation It is the most stressful time for most Ukrainian people, and working productively in such circumstances could be tough. IT businesses have done everything to provide a secure environment for their teams. Now it’s time to get productivity back. Around of IT specialists are fully involved in their tasks, while others are still in the relocation process or work part-time due to other issues. There is no exact number of people who work steadily because circumstances are always changing (location, stable internet connection, emotional state, etc.). 60%-75% To manage working processes, companies created special documents where all employees share their location, traveling, and the amount of time dedicated to their responsibilities at the moment. Workload management created a chatbot where team members check their location and request necessary goods and equipment. Dev.Pro For obvious reasons, productivity now is strongly connected with general emotional stress and trauma. Companies provide training programs and webinars to help employees cope with the most common issues and find “the firm ground” to stand on. Considering the situation, small and middle-sized companies stopped performance review activities and partially suspended their benefit programs. No matter what, physical security is the foremost priority for the IT business. By providing it and taking care of the psychological background, the industry will get back to work in the shortest possible time. Hiring Policy Recruitment and onboarding are still an essential part of the continuous working processes in IT. A lot of businesses are getting back to their pre-war routine to keep the ongoing projects running. These are in the industry. the most common scenarios Some companies stop hiring altogether, considering the military invasion a force majeure. Putting recruitment on hold. The companies that keep hiring specialists in Ukraine inevitably face workflow challenges. For example, GlobalLogic hired 60 employees during the first two weeks after the Russian invasion, but it’s difficult to deliver tech equipment to some regions. The same issue was mentioned by SoftServe representatives. Renewing recruitment on the Ukrainian territory. Some companies pay special attention to specialists abroad, especially those who lost their job after fleeing Ukraine. CHI Software is looking for engineers in Poland, Georgia, the Czech Republic, Romania, the Baltic states, and others. Hiring personnel abroad. Several firms haven’t stopped or changed their hiring policies. Now they communicate with candidates both in Ukraine and abroad. Sustaining pre-war recruitment processes. The common tendency for IT businesses is expanding global presence and opening new offices in Europe, Northern and Southern America, and Asia. Everyone is developing a plan “B” for emergencies in the future. All Ukrainian IT companies have already set up remote work policies after the start of the Covid pandemic, so now they only make several arrangements to adapt it to the international market. Response to the War Due to the established collaborations with clients worldwide, IT companies actively share the news about the war in Ukraine and what is truly happening in the country. let the world know The majority of IT businesses refuse to collaborate with Russian or Belorussian organizations. Also, the IT industry actively supports the state’s resilience (both military forces and volunteers) by providing financial assistance and humanitarian aid. Some engineers join the Armed Forces of Ukraine, and employers compensate their fees in full for the time of service. Those who don’t have any military experience join the IT Army. is a volunteer initiative for all kinds of experts involved in the digital sphere (developers, designers, copywriters, marketers, etc.). Specialists can join the army’s Telegram channel and pick a task from the list that matches their expertise level. The IT Army Conclusion: Ukrainian IT Companies Are Supporting Ukraine The world will never be the same after February 24. We all have to reevaluate what we have and unite with people in Ukraine and worldwide to resist aggression and protect our right to a peaceful life. , among other Ukrainian IT companies, is getting back to work and supporting our country at the front and the rear. All our thoughts are on the future of Ukraine. By providing financial assistance now, we help our economy and thousands of people in need. CHI Software Our power is in our cohesion. Let’s build a bright and strife-free future together.

What's Happening with the IT Industry of Ukraine During the Russian Invasion?

In the late 2010s, “the data rush” ushered businesses to collect as much user data as possible in the high hopes of making their products, marketing and sales processes more effective. While some companies have seen major successes from their ramped up data collection and analytics, not everyone ended up . being a winner In 2016, McKinsey estimated that of the data generated up to date was being analyzed. Perhaps, we can assume that with the latest advances in BI tools and big data analytics that number could have ticked to 5% or perhaps even 10%. only 1% Still, 90% of data lakes remain untouched. What's even more important is that a lot of that data can never be put into action. In most industries, personally identifiable information (PII) is off-limits for analysis, though Cambridge Analytica definitely taught us of the opposite. However, collecting, exchanging and securely storing this type of data has become a legal responsibility for businesses across industries. A very costly responsibility. Since 2011, the cost of compliance , reaching $5.47 billion in 2017. Technology, albeit helpful, has also played a major role in heightening the compliance costs, specifically those associated with IT infrastructure, cybersecurity and data privacy. increased by 45% Last year, British companies spent over on GDPR preparation, with their US counterparts allocating over $7.8 billion for the same matter. For 90% of the businesses, , GDPR is the most challenging data regulation to meet. PCI DSS, US State Laws and HIPAA/HiTech are coming in at a close second. $1.1 billion cumulatively surveyed by Global Scale All of these regulations have one thing in common: they urge businesses to respect users’ privacy, anonymity and consent to share or withhold certain information. The best, though least straightforward, way to achieve this demand may be letting go of customers’ data and switching to a new paradigm of thinking – self-sovereign identities (SSI). What is SSI In the offline realm, we have plenty of ways to share different attributes about ourselves without an intermediary to back up the claims we are making. Showing a photo ID is usually enough to prove that you are who you say you are. Thus, most societal interactions are scalable, flexible and private. However, what is self-identity in the digital space? At present, it’s a compilation of online personas that hundreds of organizations store. One’s digital identity does not exist independently from those systems. Third parties are also required to orchestrate and authenticate a transaction. When signing up for a new credit card online, you may be asked to provide a picture of your ID document, your social security number and/or other sensitive data that is operationalized by a KYC provider before being transmitted to the bank. Once the process is done, it becomes the , stored in their systems. bank’s responsibility to digitally protect your identity data emerged as a new paradigm suggesting that identity owners (users) should be placed in the center of their personal data ecosystem. The sovereignty definition, in this case, is that users have sole ownership of their digital and analog identities and can moderate how their personal data is shared and used by third-parties. Self-sovereign identity (SSI) What SSI system promises is to ‘place the ID back into your wallet' instead of the bank's on-premises systems. All the personal credentials will be stored on the blockchain and only certain attributes about the identity owner will be shared with a party requesting access to them. For instance, an HR manager will be able to request permission to access the applicant’s university data, provided by the educational institution, but at the same time, will not be able to inquire about your citizenship status without your explicit consent. To be viable, , : SSI systems should be based on the next 10 guiding principles proposed by Christopher Allen – Users must have an independent existence. What self-sovereign identity does is making some aspects of the person’s identity public and accessible. Existence – Users must control their identities, i.e. act as the ultimate authority. They should be able to update, refer to it or even hide it according to their wishes. Control – Users must have access to their data and have a mechanism to retrieve all the claims associated with their identity. Access – Systems and algorithms must be transparent. Ideally free, open-sources and fully independent of any particular architecture, so that anyone could examine how they work. Transparency – Identities must be long-lived. They should last for as long as the user wishes. Persistence – Information and services about identity must be transportable. No single third-party entity must hold that data. Portability – Identities should be as widely usable as possible, and become globally recognized at some point. Interoperability – Users must agree to the use of their identity. Any data shared is a subject of consent from the user. Consent – Disclosure of claims must be minimized. Only the necessary minimum amount of data should be provided to fulfil the claim. Minimization – The rights of users must be protected. The system should always lean towards protecting the users’ rights and remain censorship-resistant and force-resilient. Protection In short, the main idea behind the self-sovereign identity is to transfer the control over personal data back to the users, reducing the burden of data management and security risks for business as well. What Data Management Challenges SSIs Can Address? from Evernym has perfectly summarized the current set of problems with online identities and personal data management: Andy Tobin – users’ identity information is highly fragmented and stored in silos around the Internet and by different organizations. Current single sign-on (SSO) solutions or federated identities, enabling users to sign on to another service using an existing account on Google, Twitter and Facebook only partially address the issue of interoperability. However, they do not always make it easier to ensure that you are dealing with the right type of person. The proximity problem – the landscape is dominated by Centralized ID providers (i.e., Google, Facebook and Twitter dominate the social login landscape). Some businesses are wary about granting access to their customer information to a 3rd party provider, due to the enforcement of compliance standards, liability, monopolization and security risks. The scale problem – are fragmented and rigid, limiting the potential use cases. The flexibility problem current identity solutions – personal identifiers are often collected without the user’s knowledge, and afterwards replicated across a variety of systems. The proves that centralized storage of sensitive customer data is not viable. The privacy problem recent wave of data breaches – sensitive information, buried in the thousands of identity silos, is often distributed to other parties without the owner's explicit permission or knowledge. The consent problem As a result, some customers' have found themselves with the shorter end of the stick – improved convenience achieved by giving away control over their personal identifiers and other identity-related information. Businesses, in turn, are pressured to over-rely on selected few IDPs and SSO providers, who control large amounts of data. Organizations, who are required to store sensitive data locally, are as well pressured by the increased compliance demands. Self-sovereign systems, based on blockchain, have recently emerged as a strong contender to solve the data management conundrum. Introducing a universal, decentralized digital identity layer can help establish a new ecosystem of digital interactions with independent actors (self-sovereign individuals) granting access to their personal data, stored on an immutable decentralized ledger, to a 3rd party requesting trustworthy identification. From a technological standpoint, such self-sovereign identity blockchain systems will operate on two distinct levels as . Kai Wagner suggests an individual or organization controls a certain credential and its uses. Credential-based roles: – an individual or entity that a given credential is about. In this context: we are the subjects of our passports, bank accounts, or social media profiles. Subject – an individual or entity that stores and fully controls the use of a given credential. For instance, you can be a holder of your own digital passport, as well as your children's. Holder – an individual or entity who provided a credential in the first place. It could be the government or your university. Issuer – the individual or entity who verifies or relies upon a presented credential. Verifier an individual or entity who owns and/or controls certain DIDs and their uses. This is a unique key, granted to any type of data online, that remains under full control of the Identity Owner, and is not dependent on a centralized authority or identity provider. Decentralized identifier roles: – an individual or entity that can be identified by a given DID. DID Subject – the individual or entity who stores and controls the private keys associated with that DID. In other words, the one who's granting permission to access certain data. DID Owner (or Identity Owner) Let's give this model more context with another example: you need to digitally prove to someone that you live where you say you live. However, you need another entity to attest your claim, for instance, a utility provider or a governmental authority. They can provide you with some form of (a fresh utility bill). Once you receive that bill, you become the Holder of that Credential. You can present a self-attested claim (your statement about where you live), paired with a Verifiable Credential issued and cryptographically signed by the utility services provider, meaning that it's an authentic document. Now, your opponent (the Verifier) can ensure the legitimacy of your claim. Or they may request another verification document from an Issuer (a governmental body) to cross-check the information. In any case, you as the Holder will always remain present in the interaction, and grant control to the requested information, using cryptographic signatures. credential The particular draw here is that none of the participants needs to create a new digital identity for the user or store sensitive data locally. Every piece of data and transaction information is kept in a decentralized network, simplifying data management and compliance. Source: Blockchain Bundesverband As a result, businesses can gain several major advantages by adopting self-sovereign identity systems: : SSI-powered apps are ready for immediate use. No data syncs are required or extended onboarding. Users can start using the system once they receive their credentials. Speed : SSI credentials, stored on blockchain, are cross-app, cross-border, cross-silo and can be leveraged for different use cases. Interoperability : Blockchain is nearly impossible to tamper, meaning that only the true owner can have access to their credentials. Security : SSI can be a major step towards "privacy by design", as personal identifiers never change hands. Identity owners store their information in secure wallets (not on the ledger) and can grant access to their data to 3rd parties when requested. This can majorly reduce the data storage and compliance costs for businesses, especially in regards to GDPR. Privacy Industries That Will Benefit The Most From SSI Industries with the tightest KYC procedures (banking, insurance, healthcare) will be among the prime benefitters. Though, self-sovereign identity introduction can turn the tables for virtually any business dealing with customer data in one way or another: – a Spanish non-profit blockchain consortium is developing a national blockchain ecosystem for the country that would help with the identification of natural and legal persons in the country. The State of Illinois has to create a pilot of blockchain-based birth registry. And last year, the government of British Columbia and Ontario in Canada issued representing business registrations and licenses for businesses as part of their blockchain pilots. Public services and government management: Alastria signed up a partnership agreement with Evernym over 6 million self-sovereign credentials Civic startup is working on a reusable KYC solution and for storing personal identity information, fiat money, and crypto-assets that could be securely used cross-merchant. The company also offers . EVRY and Infopulse together developed an SSI solution that can be leveraged by e-commerce companies instead of standard authentication apps and payment gateways. This 1-click-pay mobile payment solution, for instance, requires just 8 taps to complete a transaction versus 160+ taps that an average user now needs to make. A good example when the convenience does not come at a cost of personal data exposure. Retail: blockchain wallet age-verification technology for vending machines Seattle-based startup is building an SSI identification management system on Sovrin, aimed at securing access to patient records. Instead of creating new online identities for patients, healthcare institutions can request access to patient status and medical data, securely hashed into a  12-digit code and recorded on the blockchain. Healthcare services: iRespond Introduction of SSI can majorly streamline the KYC process for banks, reduce fraud levels and minimize the compliance costs. This year, released a new blockchain-based user identification, allowing customers to prove who they are using the information they've already given to their financial institution. To improve customer service and risk management, EVRY in cooperation with Infopulse developed that makes a complete audit trail helping banks with regulatory compliance and reduction of data validation costs across the whole financial network. Banking: five Canadian banks blockchain-based KYC banking system Final Thoughts To conclude, self-sovereign systems enable businesses to securely validate who they are dealing with and eliminate the need for any 3rd-party KYC providers. Instead, a decentralized, neutral blockchain ledger can perform the role of the verifier. Personally identifiable information will remain in the hands of users, reducing the compliance, cybersecurity and data management costs. As a result, we could enter the new age of scalable, flexible and private interactions online, performed with the user's consent.

Self-Sovereign Identity Systems: How Businesses Win From Letting Go of Customers’ Data

Top Custom Software Development Companies

It has been almost a couple of months since my last post, but its back with a bang. Following on from my previous post on Art & Collectibles & the Codex Protocol, which you can find here, I will be discussing how will be disrupted with the emergence of the blockchain and cryptocurrencies. Real World Applications of Cryptocurrencies User Authentication Overview is a major problem in today’s tech-driven world, and it’s only getting worse; it’s the in the United States. The is , purely driven by the rise in cybercrime. According to a Cybersecurity Ventures , the cyber security industry saw a growth of over between 2004 and 2017. It with governments and institutions investing billions upon billions in cyber security. Cybercrime fastest growing crime cyber security market expanding rapidly report 350% grew from $3.5Bn to $120Bn in just over a decade The report also points out how cybercrime will cost the world , an from the . Digging a bit deeper into numbers, in a , the UK Government, reported that have ” alone. $6Tn in 2021 increase of 200% $3Tn figure in 2015 recent survey over 43% business “experienced a cyber security breach or attack in the past year The Problem As mentioned in the previous section, governments and companies spend billions on cyber security. Cyber attacks can come in a multitude of forms but in this post I will focus on . These include (definitions taken from techopedia and rapid7): user authentication attacks — in which an attacker tries to log in to a user’s account by systematically checking and attempting all possible passwords and passphrases until the correct one is found. Brute-Force and Dictionary Attacks — redirects website traffic through hacking, whereby the hacker implements tools that redirect a search to a fake website. Pharming — is the fraudulent act of acquiring private and sensitive information, such as credit card numbers, personal identification and account usernames and passwords. Using a complex set of social engineering techniques and computer programming expertise, phishing websites lure email recipients and Web users into believing that a spoofed website is legitimate and genuine. Phishing — the act of intercepting sensitive information (i.e. passwords and cookies) by serving browser add-ons. Malicious Browser Add-ons — allow attackers to eavesdrop on the communication between two targets. The attack takes place in between two legitimately communicating hosts, allowing the attacker to “listen” to a conversation they should normally not be able to listen to. ( ) Man-in-the-Middle Attacks MITM — the non-technical cracking of information security. It applies deception for the sole purpose of gathering information, fraud or system access. Social Engineering Attacks Currently, are the predominant way to authenticate users. Unfortunately, due to human nature, password-based authentication is . Humans are not great at creating effective passwords and very often choose easy-to-obtain passwords. On occasion, when people do create effective passwords, these are often written on a piece of paper or an electronic document making them . Additionally, passwords are likely to be for multiple logins or infrequently changed. usernames & passwords extremely weak significantly less secure re-used Just to give you an idea how serious this problem is, found that . Verizon’s 2016 Data Breach Investigations Report 63% of confirmed data breaches involved weak, default or stolen passwords In order to solve this problem, ( ) has been introduced in many places. is the process in which you need to using (using an app on your phone, a code via SMS, etc.). Unfortunately, this secondary security measure, , as there have been numerous cases of accounts being compromised even with enabled. multifactor authentication MFA MFA confirm your identity additional ‘factors’ isn’t fool proof either MFA An alternative to 2FA is , in which users are securely authorized by instead of a username and password. This solves some of the issues with username & password authentication (like phishing, MITM) but not everything. certificate based authentication exchanging a digital certificate is built using a ublic ey nfrastructure ( ). The backbone of PKIs are (that can only be issued by centralized authorities) which are used to cryptographically link ownership of a with the entity that owns it. This offers stronger security (but not fool proof) as a trusted part mutually authenticates the client and server through a secure channel. Unfortunately, these certificates are and . You can find more information on digital certificates and PKIs, . Certificate based authentication centralized P K I PKI digital certificates public key centrally managed vulnerable to cyber attacks here To conclude this section, there are two major issues with user authentication today; the and the centralized instances of . weakness of passwords PKI The Proposal caught my attention when researching this particular problem. REMME is a solution leveraging an open source protocol whilst utilizing the blockchain to replace traditional centralized instances of Public Key Infrastructure (such as Certificate Authorities, Registration Authorities, Lightweight Access Directory Protocol etc.). It’s doing so with a blockchain based Network of Trust, built on top of Hyperledger Sawtooth. REMME In simpler terms, utilizes the blockchain in order to provide the ability to log in to any service (that implements ) more securely by getting rid of the need for passwords. REMME REMME is a Ukrainian company launched in by and and was the of the Microsoft Blockchain Incentive award in 2017. On October 2017, launched a for companies looking to trial their ecosystem. Since then, it has attracted interest from almost coming from a variety of industries, including, Ukrinmash, Infopulse, Hotmine, Constitutional Health and Changelly. REMME 2015 Alex Momot Kate Pospelova winner REMME pilot program 300 global enterprises How It Works Simply put, is creating a ublic ey nfrastructure ( ) with the blockchain acting as . REMME distributed P K I PKId central authority will provide the ability for users to generate/revoke their own certificates. Once these are generated, nodes will need to validate the transaction. Upon validation, a unique identifier of the certificate (it’s hash), it’s state (whether it was issued or revoked), the public key and expiration date, are stored on the blockchain. This essentially creates an . REMME immutable record to validate certificates required for authentication When a user wishes to authenticate, they will be able to do so with a . A check will then be performed on the blockchain to verify that the device’s certificate is correct with entry granted entry once verified. simple click You might be wondering what happens if this device gets lost or stolen? The REMME team provides an excellent explanation with what will happen in this scenario, . here To complement their protocol, the team is building a number of ecentralized pplications ( ), including: REMME D A dApps — a white label authentication system that will allow users to log on to services without a password. You can try the WebAuth demo, , with details on how to do so, . REMME WebAuth here here — Secure access to internal corporate systems utilizing X.509 self-signed certificates for authentication and secure user access, at a device level without the need for username & passwords. REMME Enterprise — Authorization for device-to-device communication REMME for IoT Additionally, is creating an which gives developers the ability to create their own dApps on the . REMME SDK REMME blockchain As a matter of fact, has just rolled out a part of their solution on their . This includes the following: REMME testnet The REMChain, consisting of 5 masternodes (to maintain the testnet) The REMChain Block Explorer dApp The REMChain Node Monitoring dApp The REMME WebAuth Demo dApp You can find more information about the above and their release, . testnet here As a matter of fact, contains all necessary functionality for the complete life-cycle of digital certificates. invites developers to explore how the technology works and compliment the already existing use cases by implementing their own ideas on the protocol. REMME’s testnet REMME The team has created a brilliant video showing how it all comes together, which you can find below. REMME To keep up to date with their latest developments, make sure you visit their and join their . If you want to dig even deeper into their technology, make sure to check out their blog at . website community REMME The Solution By introducing the and a suite of to accommodate it, is killing 2 birds with 1 stone — username & passwords weakness and the centralized nature of today’s PKIs. It is in prime position to solve the issues discussed above (and improve upon them), in the following ways: PKId dApps REMME By leveraging the blockchain, making user credential leaking virtually impossible. Better Credential Storage — REMME removes the need for centralized storage — As governments, companies and individuals spend more and more money to secure their systems and processes, eliminates the need for much of this, thus bringing costs down. Reduced Costs REMME — The human factor is the weakest link in the cyber security chain (phishing, common passwords, etc.) and by removing it from the equation, improves security significantly. Removal of Human Factor removes the weak parts of cyber security from the equation; most notably passwords and centralized PKIs which are the most vulnerable part of cyber security. Stronger Protection — REMME You can find a full list of cyber attacks can protect against, . REMME here How Are Remme (REM) Tokens Used? will be central to all operations in the ecosystem and will act as a utility token to access PKId and the dApps built on top of it. can be used in the following ways: REM REM Products wishing to use REMME will to for their clients, employees, partners, etc. Certificate Generation — pay REM generate certificates — and a dApp on top of the REMME Protocol will require . dApp Creation Developing releasing REM — can be “frozen” ( ) in order to setup a (250,000 REM required). Once staked (and approved), masternodes . You can find more about REMME’s masternodes, . Staking REM staked masternode “have the opportunity (if the consensus algorithm chooses them) to sign the block transaction and get a reward” here How many claps does this post deserve? How about a follow? If you enjoyed this post, please feel free to 👏 👏 many times (you know you want to!), give my blog a 👣 👣 and 🤲 🤲 with your friends. There’s a limit of 👏 👏 you can give to each post, so I urge you not to try and exceed that limit… you might break Medium! clap follow share 50 claps Speaking of which… If I still have your attention, please leave a comment and let me know what else you would like to see me writing about. You can find links to my social media and sign up to my newsletter below. contact@ermos.io You can also show your support by donating to the following address: : ETH 0x4c7195E074cf0Ab6F77Bdb7C97Fd2567066Bb712 . 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Real World Applications of Cryptocurrencies — User Authentication

Today I would like to take you on a journey through software outsourcing in Ukraine. We’ll cover the large and small IT outsourcing companies in Ukraine, their services, primary industries they cater to, and their preferred marketing strategies. Top IT Companies. Ukraine Market Overview Let’s research the software development in Ukraine and the industry’s most prominent representatives. Every outsourcing development company falls under one of the categories: Ukrainian companies; International outsourcing establishments in Ukraine. Top Of The Large Ukrainian Outsourcing Companies Among the leaders of IT software outsourcing in Ukraine in 2018 that are renowned on the international arena are: SoftServe (Lviv-based, 4500+ employees); Ciklum (Kyiv-based, 2000+ employees); Infopulse (Kyiv-based, 1500+ employees); ELEKS (Lviv-based, 1000+ employees); Sigma Software (Kharkiv-based, 800+ employees); Intellias (Lviv-based, 800+ employees); Miratech (Kyiv-based, 700+ employees); N-iX (Lviv-based, 700+ employees). These top IT outsourcing companies have establishments for outsourcing in Ukraine: EPAM (USA-based, 5500+ Ukrainian employees); Luxoft (Switzerland-based, 3500+ Ukrainian employees); TEAM International Services (USA-based, 300+ Ukrainian employees). They concentrate the outsourcing software development in Ukraine in: Kyiv, Lviv, Kharkiv, Dnipro, and Zaporizhzhya. Most of these companies employ hundreds of specialists and work on six-figure projects for international corporations. Few of them would be interested in a small-time startup contract. If your budget is only 10,000 to 15,000 USD, and you have 2 to 3 months to get your idea off the ground, I suggest you steer clear of large providers and hire an outsourcing team of a smaller scale. IT Outsourcing In Ukraine. Small to Medium-Size Companies Let’s discuss the prospective nearshore software development partners for startups, their services, and the best ways to learn more about them before signing the contract. Small outsourcing companies are harder to find, as the media rarely mention their names. Clutch.co, GoodFirms.co, and UpWork.com are the best websites for selecting a Ukrainian web application development company with 250 employees or less. To develop a list of 100 top outsourcing companies in Ukraine, I used these criteria: Ukraine-based headquarters Up to 250 employees The development services range including: Web development; Mobile development for iOS and Android; UI/UX Design; Quality Assurance. The corporate website traffic analysis for the hundred companies using SimilarWeb and SEMrush indicated that less than 25% of Ukrainian IT outsourcing vendors possess monthly traffic of 250+ unique users. The average traffic rate is 20 to 50 users per month, most of them come from direct jumps. These numbers prove that 75% of small Ukrainian IT companies do not use the corporate website to attract new clients. The in-depth traffic research of the remaining 25% of Ukrainian IT outsourcing vendors demonstrated common trends: Ukrainian IT vendors utilize two traffic generation strategies: Organic traffic generation through frequent content posting on multiple platforms; Offshore software development services advertising to attract clients seeking software outsourcing partners. January and February are the lowest traffic months, which means the low workload for IT vendors. As a result, this time of year is perfect for starting a new project at a low rate or getting discounts for the ongoing projects. Most companies are willing to negotiate a price when they have no other pressing tasks. 5% of the researched 100 companies spend over $1,000 on advertising per month. The cost per click (CPC) varies from $3.5 to $27.5. Only 10% of the chosen vendors get over 1,000 of organic users per month. Only 35% to 60% of organic leads belong to the target audience. Target regions include the USA, Canada, Australia, and Western European countries that make up the vast majority of Ukrainian outsourcing providers’ clients pool. For over 75% of small Ukrainian IT outsourcing vendors UpWork and personal connections are the only available customer acquisition channels. With these numbers in mind, let’s take a closer look at the companies from the top 25% of the list. For this analysis, I have chosen seven vendors: Yalantis (Kyiv and Dnipro-based, est. 2008, 150 employees); RubyGarage (Dnipro-based, est. 2013, 150 employees); Cleveroad (Kharkiv and Dnipro-based, est. 2011, 150 employees); SteelKiwi (Odessa and Vinnitsa-based, est. 2011, 100 employees); FreshCode (Zaporizhzhya-based, est. 2014, 110 employees); GBKSOFT (Kyiv and Zaporizhzhya-based, est. 2011, 100 employees); IT CRAFT (Kharkiv-based, est. 2001, 150 employees). I concentrated on the companies that are based outside Kyiv, as regional development agencies offer lower rates. They get fewer clients, though their quality is on par with the capital-based companies. Startups should look for partners with up to 150 employees offering a full range of web app development services. I have selected these outsourcing software development companies because they have significant experience and employ enough app developers in Ukraine to suit the startup’s needs. All seven of the providers outsource iOS development, produce turnkey Android and Web solutions, and offer ongoing support and maintenance after launch and deploy. Each of the seven companies has completed 100+ projects for clients from all around the world, including the USA, the UK, Canada, Australia, Germany, France, Switzerland, Belgium, Austria, Denmark, Israel, UAE, Sweden, and more. Over the last four years, UpWork competition has seen a dramatic increase along with the availability of vendors willing to offer low rates. As a result, Ukrainian companies looking for clients exclusively through UpWork waste an opportunity to get more orders. The web and mobile application development company shortlist I have chosen for the analysis concentrate their efforts on turning websites into customer acquisition tools. Yalantis, RubyGarage, SteelKiwi, And Cleveroad Overview To attract the target audience to their websites, these companies utilize blog articles and detailed case studies. Their blog posting plan includes 2 to 4 longreads per week. Articles are then posted via LinkedIn, Facebook, Twitter, and independent platforms, like Medium. Posting frequency is 5–6 articles per week. The companies acquire backlinks to increase corporate websites’ domain authority. The backlink cost varies from $100 to $500, depending on the resource authority and the number of links acquired. The articles are aimed at industry representatives and offer business solutions. For instance, most of the Yalantis’ posts cover Mobile development for Logistics, Real Estate, Healthcare, and E-Commerce industries. FreshCode, GBKSOFT, And IT CRAFT Overview These companies’ customer acquisition strategy is two-fold and includes both organic traffic growth and advertising. Monthly advertising budgets exceed $2,000 and can vary depending on the need for new clients. Cost per click (CPC) is over $6. These IT vendors specialize in Web development. Most clients are startups in need of MVP development with an average budget of $7,000 to $15,000. At the same time, the companies’ portfolios include high-profile clients, like KPMG, Intel, and Pepsi. These companies on my software companies list possess experience in developing small to large-scale projects for: Real Estate; Education; Business Analytics; E-commerce. Advertising campaigns lead potential customers to: Website pages offering Application development outsourcing services (Web or Mobile); Programming languages expertise; Specific types of applications and products development. Landing pages offering niche services and unique projects development. Every two months on average, the vendors test marketing hypotheses and launch new landing pages for advertising and social media traffic. To attract organic search traffic, the FreshCode, GBKSOFT, and IT CRAFT update blogs and publish articles via social media and industry-specific platforms. Backlinks are bought to improve corporate websites’ domain authority. These vendors do not limit themselves to attracting organic traffic, compared to the previous four. They publish 3 to 6 longreads per month. Ukrainian IT Outsourcing Market In a Nutshell Ukraine is among the top IT outsourcing countries though the vast majority of the contracts are reserved for large companies. Only 25% of the small and medium-sized IT vendors actively seek to increase customer acquisition scope, while others settle for freelance marketplaces with low rates and cutthroat competition. Today we have identified several leading companies working on their online presence through corporate websites, SEO, and SMM. How To Find The Right IT Outsourcing Provider in Ukraine? There are many ways to reach the full stack development company you are interested in. You can use: Google search; Business platforms, like Clutch or GoodFirms; Social media outreach through professional profiles; Networking and personal recommendations. If you have no time to spare, there are two more efficient ways to outsource web application development. Reach out to the web development company’s CEO or CTO via LinkedIn or Facebook. This way you can talk directly to the top manager without going through the sales department first. Outline your project’s requirements, timeframe, and budget to quickly get an answer about whether the outsource web development company would be interested in developing your idea. Visit IT trade shows and conventions to network with local agents of outsourcing companies from all over the world. Face-to-face communication will allow you to explain the particular requirements of your project and exchange contact information with a promising offshore software development company or ten. I recommend you read our on choosing the perfect IT software outsourcing company to make an educated decision before you hire software developers. 6-step guide Ready To Try IT Outsourcing In Ukraine? Did you enjoy our quick foray into the outsourcing development market in Ukraine? If so, share the article on social media and subscribe for updates! While you wait for a fresh batch of IT insights, check out our previous posts, you might find them equally useful. FreshCode blog I am considering writing an article on online marketing free and premium tools, so let me know if that is something you would want to learn from FreshCode experts. Original article IT Outsourcing Companies Of Ukraine: Overview published at freshcodeit.com .

IT Outsourcing Companies Of Ukraine: Overview

The automotive industry has experienced remarkable changes in the past decade. Autonomous driving technology, car connectivity, and ride sharing are major trends shaping the industry’s future. Today, the car itself is becoming a commodity while software sets vehicles apart. IoT and embedded solutions have become a natural part of car connectivity and the automotive industry. Cooperation between original equipment manufacturers (OEMs), Tier 1 vendors, and top embedded software outsourcing companies in the automotive industry is key to unlocking the market’s future potential. Big companies and OEMs are constantly looking for outsourcing partners that can meet their needs with embedded programming solutions in the best way possible. Here’s a list of the top IT outsourcing companies in 2018. 1. Intellias https://www.intellias.com/ Berlin (Germany); Lviv, Kyiv, and Odessa (Ukraine) Locations: 2002 Founded: 1300 Company size: Intellias, with clients from Europe and North America, has won wide recognition among Ukrainian outsourcing companies for their automotive IoT and embedded systems expertise and for their ability to build and manage world-class engineering teams capable of solving the most complex technological challenges. Quick ramp-up, a perfect culture match, high productivity, and great quality characterize the Intellias approach to business. In 2017, Intellias was recognized by Inc. 5000 as one of the fastest-growing privately held companies in Europe. Intellias has also been featured on the Global Outsourcing 100 list. Intellias has deep expertise in developing data-driven IoT software solutions that reinforce full automation technology and car connectivity. They offer complex services that enable businesses in the automotive and related industries to receive benefits from collecting real-time data on the environment while keeping firmware constantly updated over-the-air. Services: In addition, Intellias provides energy consumption control solutions and vehicle-to-everything communication services using V2V, V2I, and V2C software. Siemens, Microsoft, Nokia, Roche, RTL Group, Playbuzz, EveryMatrix, BrainStorm, Alphary, AdsWizz Key clients: 2. Elektrobit https://www.elektrobit.com/ Erlangen (Germany) Location: 1985 Founded: Elektrobit specializes in complex automotive software development services and hardware solutions and also develops wireless technologies. The core competencies of the firm include automotive-grade software, wireless technologies, and software architecture. The Elektrobit automotive business segment offers an extensive range of standard software products as well as professional tools supporting the entire life cycle of in-car software development. : Elektrobit offers complex functional safety consulting, including gap analysis based on IEC 61508, ISO 26262, and SPICE; software consulting on strategies that enable hardware/software separation; and lean software development, including solutions based on Agile cooperation models. Services Ford, Volkswagen, Audi, Daimler, Continental, Delphi Key clients: 3. Ignite https://igniteoutsourcing.com/ Netanya (Israel) Location: 2006 Founded: 301–500 Company size: Israeli-Ukrainian company Ignite provides custom software development solutions for the automotive, FinTech, media, and entertainment industries. The firm brings to life complex projects using Agile methodologies and relying on a pool of developers located in Eastern Europe. Ignite has a wide portfolio of products that include big data, IoT, and cloud platforms. Services: Ignite builds products ranging from infotainment applications to complete AI-driven fleet solutions. An Agile methodology, transparency, and flexibility are at the core of the company’s business model. Waze, GreenRoad, eDrive Technology Key clients: 4. Infopulse https://www.infopulse.com/ Kyiv (Ukraine) Location: 1991 Founded: 1001–5000 Company size: With more than 26 years of IT experience, Infopulse has built a reputation as one of the leading software developers in Eastern Europe. Today, the company operates globally and works on a wide range of projects in the automotive, FinTech, consumer goods, telecommunications, and mobile network sectors. Infopulse has eight international offices and works with clients from more than 20 countries. Infopulse handles software R&D, application management, IT operations, and information security. The company is known primarily for its infotainment, telematics, cloud, NFC, security, and blockchain solutions. Services: Atoll Holding, Microsoft Ukraine, Audials AG Key clients: 5. GlobalLogic https://www.globallogic.com/ San Jose (California); Kyiv, Lviv, Kharkiv, and Mykolaiv (Ukraine) Locations: 1991 Founded: 10,001+ Company size: GlobalLogic provides full lifecycle product development services with chip-to-cloud software engineering expertise and vertical industry experience. By integrating design, complex engineering, and Agile delivery capabilities, GlobalLogic develops superior business solutions for customers in the telecommunications, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic has substantial experience providing virtualization and connectivity services, asset management, remote operations, telematic data services, in-vehicle infotainment (IVI) systems, and automotive and driver assistance systems. Services: Oracle, Sprint, Cisco Key clients: 6. Gionix https://www.gionix.com/ Zaporizhzhia (Ukraine) Location: 2006 Founded: 10–50 Company size: With more than 10 years of experience developing embedded electronics for the automotive industry, Gionix has reinforced its reputation as a company capable of resolving the most sophisticated tasks. The Gionix business model is based on offering affordable solutions that offer excellent engine performance, drivability, reliability, and quality. Gionix provides complete turnkey solutions for automotive manufacturers, including engine control units, calibration systems, in-vehicle calibration services, and advanced diagnostic software. This Ukraine-based company also offers a wide range of consulting services to both large players and small startups on the design, development, and manufacture of electronic devices for the consumer, industrial, and automotive markets. Services: ZAZ, Bogdan, UkrAvto, Ivchenko Progress Key clients: 7. Sigma Software https://sigma.software/ Kharkiv (Ukraine), Stockholm (Sweden), New York City (USA) Location: 2002 Founded: 501–1000 Company size: Sigma Software provides top-notch software development services to many sectors including government, telecommunications, media, advertising, aerospace, automotive, gaming, banking and financial services, real estate, tourism, and entertainment. The company is recognized primarily for its expertise in embedded software development services for technology startups led by serial entrepreneurs and original equipment manufacturers. Sigma Software offers complex augmented and virtual reality solutions for repair and maintenance, field services, emergency guidance, and visual navigation. In addition, the company provides in-vehicle infotainment services using the OpenCar, Android Auto, OpenXC, and QNX platforms. Services: Volvo, SAS, Scania, Knorr-Bremse Key clients: 8. Intrinsyc https://www.intrinsyc.com/ Vancouver (Canada) Location: 1992 Founded: 51–200 Company size: Intrinsyc is a publicly traded product development company that specializes in top-quality embedded systems programming and IoT solutions. They combine production-ready computing engines with unmatched product development expertise to ensure rapid commercialization of embedded and IoT products. The Intrinsyc Open-Q™ System on Modules (SOM) and Single Board Computers (SBC) incorporate the industry’s most advanced processor technology, bringing to life some of the boldest concepts developed together with the world’s leading OEMs. Intrinsyc offers a range of embedded products including single-board computers, development kits, system on modules, and vertical development platforms. In addition to product development services, the company offers complex software, hardware, and mechanical engineering services. Services: Boeing, Ford, Sierra Wireless, John Deere Key clients: 9. Cogniance https://cogniance.com/ Sunnyvale (California) Location: 2008 Founded: 251–500 Company size: Since its establishment in 2008, Cogniance has quickly become an internationally recognized developer of sophisticated software solutions for business domains including data science, automotive, consumer electronics, and the Internet of Things. Cogniance focuses on IoT and embedded programming solutions. Over the next five years, they plan to spend $6 billion developing IoT solutions. Cogniance software designers provide both large equipment manufacturers and small startups with expertise and IT outsourcing services in M2M and M2C connectivity; cloud, mobile, and embedded systems; and machine learning and AI-based technologies. Services: Magellan, Velux, Xtime, CloudMade, Fetch Robotics Key clients: 10. Cloud9 Solutions https://www.cloud9-solutions.com/ Ho Chi Minh City (Vietnam) Location: 2015 Founded: 51–150 Company size: Cloud9 Solutions is one of the most rapidly developing embedded software outsourcing providers for automotive companies in Asia. They specialize in providing optimal, cost wise, and robust solutions. Cloud9 Solutions focuses on maps and navigation, embedded systems, and mobile application development. Cloud9 Solutions provides custom software development solutions, primarily relying on C programming, RTOS, event-driven systems, MISRA-C rules, and AUTOSAR specifications and modeling (UML). Services: M&C Holdings, MBase, Arksquare Key clients: The Internet of Things is already an essential part of the automotive industry. Embedded software and IoT solutions bring to life smart path planning, advanced fleet management projects, and unprecedented on-road security initiatives. Partnering with a nearshore or offshore outsourcing company with a great embedded system software development portfolio is the first step to make your business a game changer in one of the most rapidly developing markets.

Top 10 Embedded Software Outsourcing Companies for Automotive

Digital transformations is a top-of-mind task on every company's agenda. Recent data from proves it: last year 70% of organizations either pursued a digital transformation strategy or are crafting one. Tech Pro Research survey Indeed, the pressure to make legacy processes more effective; to meet shifting customer demands; embrace new technological advancements, is mounting. Failure to seek digital transformations in the first place was highlighted as the by North Carolina State University’s research. top business risk for enterprises in 2019 Scientists from take this point even further and quantify how large the gap between digital leaders and digital laggers has grown lately: Harvard Business School ●      Leaders generate a 3-year average gross margin of 55% vs. 37% made by the laggers. ●      Leaders are earning 16% more compared to 11%, and secure the average net income of 11% to 7%, compared to the laggers. The race is tough, and a lot of executives place their bets on execution speed – the faster we push through, the sooner we’ll start reaping the benefits. However, it seems that the overzealous leaders forget about the good old : project management triangle Source: Project Management Times You may argue that laggers would be throwing in more money into the problem, but HSB study estimated that leaders and laggers have similar IT budgets: for their counterparts. 3.5% vs. 3.2% Clearly, compromises are made elsewhere, and in most cases that “where” ends up being cybersecurity. Gartner’s staggering prediction is that by 2020, will experience a major service failure due to their IT security team’s inability to mitigate digital risks. 60% of digital businesses Whether their worst-case scenario ends up being true or not, that staggering number must be a wake-up call for organizations who are treating digital security risks as an afterthought. More specifically, it's time to pay more attention to several key areas of emerging cybersecurity challenges that must be addressed in the scope of digital transformations. Threat: Evolving Distributed Infrastructure Hybrid cloud setups, microservices architecture, multi-cloud portfolios, cloud data storage – all of these are common elements of the digital transformation initiatives. The wrinkle? Such expanded ecosystems also increase the number of digital security controls that must be put in place to ensure utmost security at larger attack surfaces. Case in point: hybrid cloud users were to have incurred a data breach over the past 12 months. twice as likely What’s more, organizations will need to account for inherent risks of relying on technologies and assets they do not own or fully control. That means ensuring that: ●      Sensitive business data is stored in a compliant manner. ●      All the cloud security requirements are met to the T. ●      Regular penetration tests are executed to address newer threats. Counter Action: Switch from DevOps to DevSecOps DevSecOps means introducing the "security-by-design" approach to your CI/CD pipeline. Security-by-design paradigm is based on the : following 10 principles When adding new features, always analyze how they will impact the overall product security, and what mechanisms can be added to minimize risk exposure. Minimize attack surface area. Top security must be the default mode for users. However, they can be given controls for reducing their security, as well as being informed about the possible risks of doing so. Establish secure defaults. Every account should be provided with the least amount of privilege required to run a business process. Least privilege. Keep different user types – entities that grant action approval, entities that carry it out, and entities that monitor that action – separate. Separation of responsibilities. one control is good, but more controls that tackle risks in a more diversified manner is even better. The "deeper" your security runs, the harder it becomes to exploit any vulnerability. Defense in depth: Applications will inevitably fail at some point. But it’s your job to ensure that those failures cannot be exploited. Fail securely. Do not warrant implicit trust to externally run third party services. Introduce a transparent process for establishing that trust. Don’t trust services. Don't go for a more complex approach and unnecessary features when a simpler solution is available. Opt for the simplest solution possible. Record and analyze all security-significant events. Audit sensitive events. Hiding something is difficult, but uncovering the hidden is much easier, especially for an experienced attacker. Do not over-rely on obscurity. Finally, continuously test your systems to uncover the weakest security links and upgrade those. Woods in at ACCU 2019 offers even more insights on the matter. Eoin his speech Threat: Increasing Scope of Customer Data Privacy Regulations The notorious GDPR is just another regulation burden organizations now need to proactively tackle. Depending on your industry, you may be subject to comply with: ●      The new California Consumer Privacy Act (CCPA) ●      The Foreign Account Tax Compliance Act (FATCA) ●      Common Reporting Standard (CRS) ●      The Anti Money Laundering Directive 5 (AMLD5) ● ISO 27001 ●      EU Directive on Mandatory Disclosure for Intermediaries DAC 6 ●      ….and a variety of other regulations, being devised by global legislators as we speak. Compliance has become a complex and costly area for businesses, especially those who are eager to introduce new technology solutions for customers. However, EU general data protection regulations and other provisions should not necessarily be seen as a major roadblock to digital transformations. On the contrary, they may end up being a hidden opportunity for your company. As much as agree that stricter data management regulations will eventually benefit their companies. Here's why: 80% of IT professionals and data experts One of GDPR demands for businesses is to “maintain a detailed record of all data processing and operations”.  “Breaking the silo” and gaining better access to insights is one of the key reasons why companies pursue digital transformation. But to become truly “data-driven”, your organization will need to determine where different data is stored; who has access to it and how it’s being used (or not). In particular, this requirement can be seen as a big nudge to get rid of the data lakes and move to a more sustainable and effective data management process: ●      Process and transfer the data cross-organization in a more agile way ●      Collect and operationalize only the data your business needs ●      Drain those data lakes and slash data storage costs ●      Enforce better data security practices for different types of customer data. Another GDPR regulation: –“data protection by design and by default” – strongly correlates with " that is integral for secure digital transformations. security-by-design" approach The bottom line: most customer data privacy laws and regulations do not hinder businesses to use such data per se. Regulators are not prohibiting analytics, innovations, and so on. They are just pushing companies to do so in a secure, transparent and sustainable manner. Hence, new security best practices and should be leveraged when undergoing digital transformations. innovative approaches Counter Action: Adopt a Compliance Management Solution The main purpose of (or any of its modules) is to automate most workflows associated with reporting, monitoring and document flow. Governance, Risk and Compliance (GRC) software As already mentioned, the scope and volume of regulatory requirements keep expanding. Thus, to innovate in a compliant manner, you'll need to be able to respond quickly to the emerging requirements. Compliance management software can give you that "need for speed". Modern solutions can proactively highlight most relevant security and data privacy requirements for a specific asset, along with appropriate security and policy best practices. Also, you can gain a real-time view into the current state of your compliance and track progress. Some SCM tools are also more geared towards mitigating security risks and contain features such as: ●      Threat and system modelling ●      Security system design ●      Security assessments ●      Compliance verification with domain-specific regulations such as ISO, IT-Grundschutz, ASPICE, etc. Wrap Up Saying that business transformations are hard is a major understatement. However, it’s even more challenging to sustain that hard-forged change. According to , only 14% of company leaders said that their digital transformation efforts led to sustained performance improvements. The lucky 3% managed to achieve full success at sustaining changes. McKinsey’s last year survey Security and compliance are the two major ingredients for ensuring that your initiative does not fail. That means switching to a new IT security paradigm that would include: ●     A comprehensive data security governance framework (DSGF) ●     DevOpsSec practices ●      Adoption of Secure Software Development Life Cycle (SDLC) ●      New passwordless solutions for authentication

INFOPULSE

infopulse.com

1K-5K employees

Since 1991

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INFOPULSE

EVERGREEN INDEX #5893

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INFOPULSE

infopulse.com

1K-5K employees

Since 1991

COMPANY RANKING

INFOPULSE

EVERGREEN INDEX #5893

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