Welcome!

News Feed Item

South Korea's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

NEW YORK, Aug 20, 2014 /PRNewswire/ --

Reportlinker.com announces that a new market research report is available in its catalogue:



South Korea's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

http://www.reportlinker.com/p02029322/South-Korea's-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-Size-Drivers-Strategies-Products-and-Competitive-Landscape .html

Synopsis

The report provides top-level market analysis, information and insights into South Korea's cards and payments industry, including:
• Current and forecast values for each category of South Korea's cards and payments industry, including debit cards, credit cards and prepaid cards
• Comprehensive analysis of the industry's market attractiveness and future growth areas
• Analysis of various market drivers and regulations governing South Korea's cards and payments industry
• Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market
• Comprehensive analysis of consumer attitudes and buying preferences for cards
• The competitive landscape of South Korea's cards and payments industry

Summary

The South Korean card payments channel registered growth during the review period (2009–2013) posting a compound annual growth rate (CAGR) of 4.22% to reach 294.4 million cards in circulation by the end of 2013. The card payments channel valued KRW986.0 trillion (US$899.5 billion) in 2013. Changing lifestyle demographics, the increased popularity of online shopping and higher disposable income per capita supported the growth of the volume of cards in circulation. The debit card category occupied the largest share and grew at a review-period CAGR of 4.19%. Over the forecast period (2014?2018) the debit card category is expected to post a CAGR of 1.84%. The credit card category occupied the second-largest share at a review-period CAGR of 2.82%. The credit card category is expected to register a forecast-period CAGR of 1.80%. An increase in household debt burden has prompted the South Korean government to introduce measures to discourage credit card spending.

The government reduced tax deductions on credit card transactions and increased tax deductions for debit and prepaid cards. During the first three quarters of 2011, merchandize credit valued KRW1.6 trillion (US$1.44 billion), whereas during the first three quarters of 2012, that value was reduced to KRW0.1 trillion (US$90 million). Spin-off credit card units are expected to increase competition over the forecast period. Many banks and non-bank firms opt for spin-off credit card firms in association with existing competitors such as telecom operators.

Scope

• This report provides a comprehensive analysis of South Korea's cards and payments industry.
• It provides current values for South Korea's cards and payments industry for 2013, and forecast figures for the period up to 2018.
• It details the different economic, infrastructural and business drivers affecting South Korea's cards and payments industry.
• It outlines the current regulatory framework in the industry.
• It details the marketing strategies used by various banks and other institutions.
• It profiles the major banks in South Korea's cards and payments industry.

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to South Korea's cards and payments industry and each market within it.
• Understand the key market trends and growth opportunities within South Korea's cards and payments industry.
• Assess the competitive dynamics in South Korea's cards and payments industry.
• Gain insights in to the marketing strategies used for selling various card types in South Korea.
• Gain insights into key regulations governing South Korea's cards and payments industry.

Key Highlights

• The South Korean card payments channel registered growth during the review period (2009–2013) posting a compound annual growth rate (CAGR) of 4.22% to reach 294.4 million cards in circulation by the end of 2013. The card payments channel valued KRW986.0 trillion (US$899.5 billion) in 2013.
• The debit card category occupied the largest share and grew at a review-period CAGR of 4.19%. Over the forecast period (2014?2018) the debit card category is expected to post a CAGR of 1.84%. The credit card category occupied the second-largest share at a review-period CAGR of 2.82%. The credit card category is expected to register a forecast-period CAGR of 1.80%.
• NFC-based platforms for smartphones increased the volume of mobile commerce (m-commerce) transactions in South Korea. SK Telecom and KT jointly sold 250,000 NFC-enabled Samsung Galaxy Notes in December 2011 alone.
• An increase in household debt burden has prompted the South Korean government to introduce measures to discourage credit card spending. The government reduced tax deductions on credit card transactions and increased tax deductions for debit and prepaid cards. During the first three quarters of 2011, merchandize credit valued KRW1.6 trillion (US$1.44 billion), whereas during the first three quarters of 2012, that value was reduced to KRW0.1 trillion (US$90 million). • Spin-off credit card units are expected to increase competition over the forecast period. Many banks and non-bank firms opt for spin-off credit card firms in association with existing competitors such as telecom operators. In 2010, Hana Financial established a joint venture with SK Telecom, South Korea's leading mobile operator. Similarly, Woori bank span-off its credit card division in March, 2013, while Kookmin bank, part of the KB Financial Group span-off its credit card unit in 2011.

Table of Contents
1 Executive Summary
2 Analysis of Industry Environment, Key Trends and Drivers
2.1 Payment Infrastructure and emerging technologies
2.1.1 Automatic Teller Machines (ATMs)
2.1.2 Point of sale (POS) terminals
2.1.3 Internet penetration
2.1.4 Contactless technologies/NFC technology
2.1.5 EMV
2.2 Business Drivers
2.2.1 Growth of online commerce
2.2.2 Retail sales value
2.2.3 M-Payment value
2.3 Economic Drivers
2.3.1 GDP growth
2.3.2 GDP per capita income
2.3.3 Inflation
2.3.4 Low unemployment
3 Cards and Payments Industry Share Analysis
3.1 Industry Overview
3.1.1 Cash

3.1.2 Checks
3.1.3 Direct debits
3.1.4 Credit transfers
3.1.5 Cards
4 Regulatory Framework and Card Fraud Statistics
4.1 Regulatory Framework
4.1.1 Foreign direct investment (FDI) regulations
4.2 Card Fraud Statistics
4.2.1 Card-not-present
4.2.2 Counterfeit cards
4.2.3 Cards lost or stolen
4.2.4 Card ID theft
5 Emerging Consumer Attitudes and Trends
5.1 Market Segmentation and Targeting
5.1.1 Retail segment
5.1.2 Corporate segment
5.2 Travel and Tourism Spending
5.2.1 Outbound tourists volume
5.2.2 Outbound tourist spending
5.3 Retail Card Spending
5.3.1 Analysis by product categories

5.3.2 Analysis by retail channels
6 Analysis of Card Payments and Growth Prospects
6.1 Channel Share Analysis by Card Category
6.2 Size and Forecast of the Card Payments Channel
6.2.1 Analysis by volume of cards in circulation
6.2.2 Analysis by transaction value
7 Analysis of Credit Card Payments and Growth Prospects
7.1 Overall Category Size and Forecast
7.1.1 Analysis by volume of cards in circulation
7.1.2 Analysis by transaction value
7.1.3 Analysis by transaction volume
7.2 Transaction Share Analysis by Channel
7.2.1 Analysis by transaction value
7.2.2 Analysis by transaction volume
7.3 Personal Credit Cards Size and Forecast
7.3.1 Analysis by volume of cards in circulation
7.3.2 Analysis by transaction value
7.3.3 Analysis by transaction volume
7.4 Commercial Credit Cards Size and Forecast
7.4.1 Analysis by number of cards in circulation
7.4.2 Analysis by transaction value
7.4.3 Analysis by transaction volume
7.5 Competitive Landscape
7.5.1 Scheme share analysis
7.5.2 Issuer share analysis
8 Analysis of Debit Card Payments and Growth Prospects
8.1 Overall Category Size and Forecast
8.1.1 Analysis by volume of cards in circulation

8.1.2 Analysis by transaction value
8.1.3 Analysis by transaction volume
8.2 Transaction Share Analysis by Channel
8.2.1 Analysis by transaction value
8.2.2 Analysis by transaction volume
8.3 Competitive Landscape
8.3.1 Scheme share analysis
8.3.2 Issuer share analysis
9 Analysis of Charge Card Payments and Growth Prospects
9.1 Overall Category Size and Forecast
9.1.1 Analysis by volume of cards in circulation
9.1.2 Analysis by transaction value
9.1.3 Analysis by transaction volume
9.2 Transaction Share Analysis by Channel
9.2.1 Analysis by transaction value
9.2.2 Analysis by transaction volume
9.3 Personal Charge Cards Size and Forecast
9.3.1 Analysis by number of cards in circulation
9.3.2 Analysis by transaction value
9.3.3 Analysis by transaction volume

9.4 Commercial Charge Cards Size and Forecast
9.4.1 Analysis by volume of cards in circulation
9.4.2 Analysis by transaction value
9.4.3 Analysis by transaction volume
9.5 Competitive Landscape
9.5.1 Scheme share analysis
9.5.2 Issuer share analysis
10 Analysis of Prepaid Card Payments and Growth Prospects
10.1 Overall Category Size and Forecast
10.1.1 Analysis by volume of cards in circulation
10.1.2 Analysis by transaction value
10.2 Open-Loop Prepaid Cards Segment Size and Forecast
10.2.1 Analysis by number of cards in circulation
10.2.2 Analysis by transaction value
10.3 Closed-Loop Prepaid Cards Segment Size and Forecast
10.3.1 Analysis by volume of cards in circulation
10.3.2 Analysis by transaction value
11 Merchant Acquiring
11.1 Merchant Acquirers in the Country

12 Company Profiles of Card Issuers
12.1 Shinhan Bank
12.1.1 Key financials
12.1.2 Card portfolio
12.1.3 Strategies
12.2 Woori Bank
12.2.1 Key financials
12.2.2 Card portfolio
12.2.3 Strategies
12.3 KEB Card
12.3.1 Key financials
12.3.2 Card portfolio
12.3.3 Strategies
12.4 Samsung Card
12.4.1 Key financials
12.4.2 Card portfolio
12.4.3 Strategies
12.5 Citibank Korea
12.5.1 Key financials
12.5.2 Card portfolio
12.5.3 Strategies
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Definitions

13.6 Disclaimer

List of Tables

Table 1: South Korea ? Payment Channels (KRW Trillion), 2009–2013
Table 2: South Korea ? Revised Loan Loss Reserve Requirements, 2011
Table 3: South Korea ? Market Entry Strategy of Foreign Banks
Table 4: South Korea ? Card Fraud (KRW Billion), 2009–2013
Table 5: South Korea ? Specialized Credit Cards for Women, 2013
Table 6: South Korea ? Cards Targeting Vehicle Owners, 2013
Table 7: South Korea – Cards Targeting Frequent Foreign Travelers, 2013
Table 8: South Korea ? Cards Targeting Retail Shoppers, 2013
Table 9: South Korea ? Cards Offering Benefits on Financial Services, 2013
Table 10: South Korea ? Cards Targeting Business Customers, 2013
Table 11: South Korea ? Consumer Card Spending by Product Category (KRW billion), 2008 and 2012
Table 12: South Korea ? Consumer Spending through Cards by Retail Channel (KRW billion), 2008 and 2012
Table 13: South Korea ? Card Payments Channel by Card Category (Million), 2009–2018
Table 14: South Korea ? Card Payments Channel Size by Volume of Cards (Million), 2009–2018
Table 15: South Korea ? Card Payments Channel Size by Transaction Value (KRW Trillion), 2009–2018
Table 16: South Korea ? Card Payments Channel Size by Transaction Value (US$ Billion), 2009–2018

Table 17: South Korea ? Credit Cards Category Size by Volume of Cards (Million), 2009–2018
Table 18: South Korea ? Credit Cards Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 19: South Korea ? Credit Cards Category Size by Transaction Value (US$ Billion), 2009–2018
Table 20: South Korea ? Credit Card Category Size by Transactions Volume (Billion), 2009–2018
Table 21: South Korea ? Personal Credit Cards Sub-Category Size by Volume of Cards (Million), 2009–2018
Table 22: South Korea ? Personal Credit Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 23: South Korea ? Personal Credit Cards Sub-Category Size by Transaction Value (US$ Billion), 2009–2018
Table 24: South Korea ? Personal Credit Cards Sub-Category Size by Transactions Volume (Billion), 2009–2018
Table 25: South Korea ? Commercial Credit Cards Sub-Category Size by Volume of Cards (Million), 2009–2018
Table 26: South Korea ? Commercial Credit Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 27: South Korea ? Commercial Credit Cards Sub-Category Size by Transaction Value (US$ Billion), 2009–2018
Table 28: South Korea ? Commercial Credit Cards Sub-Category Size by Transactions Volume (Million), 2009–2018
Table 29: South Korea ? Debit Cards Category Size by Volume of Cards (Million), 2009–2018
Table 30: South Korea ? Debit Cards Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 31: South Korea ? Debit Cards Category Size by Transaction Value (US$ Billion), 2009–2018

Table 32: South Korea ? Debit Cards Category Size by Transactions Volume (Billion), 2009–2018
Table 33: South Korea ? Charge Cards Category Size by Volume of Cards (Thousand), 2009–2018
Table 34: South Korea ? Charge Cards Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 35: South Korea ? Charge Cards Category Size by Transaction Value (US$ Billion), 2009–2018
Table 36: South Korea ? Charge Cards Category Size by Transactions Volume (Million), 2009–2018
Table 37: South Korea ? Personal Charge Cards Sub-Category Size by Volume of Cards (Thousand), 2009–2018
Table 38: South Korea ? Personal Charge Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009–2018
Table 39: South Korea ? Personal Charge Cards Sub-Category Size by Transaction Value (US$ Billion), 2009–2018
Table 40: South Korea ? Personal Charge Cards Sub-Category Size by Transactions Volume (Million), 2009–2018
Table 41: South Korea ? Commercial Charge Cards Sub-Category Size by Volume of Cards (Thousand), 2009–2018
Table 42: South Korea ? Commercial Charge Cards Sub-Category Size by Transaction Value (KRW Billion), 2009–2018
Table 43: South Korea ? Commercial Charge Cards Sub-Category Size by Transaction Value (US$ Million), 2009–2018
Table 44: South Korea ? Commercial Charge Cards Sub-Category Size by Transactions Volume (Million), 2009–2018
Table 45: South Korea ? Prepaid Cards Category Size by Volume of Cards (Million), 2009–2018
Table 46: South Korea ? Prepaid Cards Category Size by Transaction Value (KRW Billion), 2009–2018

Table 47: South Korea ? Prepaid Cards Category Size by Transaction Value (US$ Million), 2009–2018
Table 48: South Korea ? Open-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2009–2018
Table 49: South Korea ? Open-Loop Prepaid Cards Segment Size by Transaction Value (KRW Billion), 2009–2018
Table 50: South Korea ? Open-Loop Prepaid Cards Segment Size by Transaction Value (US$ Million), 2009–2018
Table 51: South Korea ? Closed-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2009–2018
Table 52: South Korea ? Closed-Loop Prepaid Cards Segment Size by Transaction Value (KRW Billion), 2009–2018
Table 53: South Korea ? Closed-Loop Prepaid Cards Segment Size by Transaction Value (US$ Million), 2009–2018
Table 54: Shinhan Financial Group – Key Financial Indicators (KRW Trillion), December 2011 and 2012
Table 55: Shinhan Bank – Card Product Offerings and Key Features
Table 56: Woori Bank – Key Financial Indicators (KRW Trillion), December 2011 and 2012
Table 57: Woori Bank – Card Product Offerings and Key Features
Table 58: KEB – Key Financial Indicators (KRW Trillion), December 2011 and 2012
Table 59: KEB – Card Product Offerings and Key Features
Table 60: Samsung Card – Key Financial Indicators (KRW Billion), December 2011 and 2012
Table 61: Samsung Card – Card Product Offerings and Key Features
Table 62: Citi Group – Key Financial Indicators (US$ Billion), December 2011 and 2012
Table 63: Citibank Korea – Card Product Offerings and Key Features
Table 64: Key Definitions

List of Figures

Figure 1: South Korea Benchmarking Payment Cards Channel Against Other Regional Markets
Figure 2: South Korea - Growth of Various Card Categories (%), 2009-2018
Figure 3: South Korea ATMs Penetration, 2009-2018
Figure 4: South Korea POS Terminals Penetration, 2009-2018
Figure 5: South Korea Internet Penetration (Users Per 100 Inhabitants), 2008-2012
Figure 6: South Korea Retail Sales Value (KRW Trillion), 2009-2018
Figure 7: South Korea M-Payments Value (KRW Billion), 2009-2018
Figure 8: South Korean GDP Growth Rate (%), 2008-2017
Figure 9: South Korea GDP Per Capita Income Growth (US$), 2008-2017
Figure 10: South Korea Inflation Rate (%), 2008-2017
Figure 11: South Korea Unemployment Rate (%), 2008-2017
Figure 12: South Korea Share of Payment Channels (%), 2009 and 2013
Figure 13: South Korea Various Types of Card Fraud (%), 2009 and 2013
Figure 14: South Korea Card-Not-Present Fraud Value (KRW Billion), 2009-2013
Figure 15: South Korea Counterfeit Card Fraud Value (KRW Billion), 2009-2013
Figure 16: South Korea Cards Lost or Stolen Fraud Value in South Korea (KRW Billion), 2009-2013
Figure 17: South Korea Card ID Theft Fraud Value in South Korea (KRW Billion), 2009-2013
Figure 18: South Korea Cards and Payments Industry Segmentation by Card Type, 2013
Figure 19: South Korea Volume of Outbound Departures (Million), 2009-2018
Figure 20: South Korea Outbound Tourists Spending (KRW Trillion), 2009-2018
Figure 21: South Korea Retail Consumer Card Spending by Product Category (%), 2012
Figure 22: South Korea Retail Consumer Card Spending by Retail Channel (%), 2012

Figure 23: South Korea Card Payments Channel by Card Category (%), 2009-2018
Figure 24: South Korea Card Payments Channel Size by Volume of Cards (Million), 2009-2018
Figure 25: South Korea Card Payments Channel Size by Transaction Value (KRW Trillion), 2009-2018
Figure 26: South Korea Credit Cards Volume and Penetration, 2009-2018
Figure 27: South Korea Credit Cards Category Size by Volume of Cards (Million), 2009-2018
Figure 28: South Korea Credit Cards Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 29: South Korea Card Category Size by Transactions Volume (Billion), 2009-2018
Figure 30: South Korea Credit Card Transactions Value by Channel (KRW Trillion), 2009-2018
Figure 31: South Korea Credit Card Transactions Volume by Channel (Million), 2009-2018
Figure 32: South Korea Personal Credit Cards Sub-Category Size by Volume of Cards (Million), 2009-2018
Figure 33: South Korea Personal Credit Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 34: South Korea Personal Credit Cards Sub-Category Size by Transactions Volume (Billion), 2009-2018
Figure 35: South Korea Commercial Credit Cards Sub-Category Size by Volume of Cards (Million), 2009-2018
Figure 36: South Korea Commercial Credit Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 37: South Korea Commercial Credit Cards Sub-Category Size by Transactions Volume (Million), 2009-2018
Figure 38: South Korea Credit Cards Category Share by Scheme (%), 2013
Figure 39: South Korea Credit Cards Category Share by Bank (%), 2013
Figure 40: South Korea Debit Cards Category Volume and Penetration, 2009-2018
Figure 41: South Korea Debit Card Category Size by Volume of Cards (Million), 2009-2018
Figure 42: South Korea Debit Cards Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 43: South Korea Debit Cards Category Size by Transactions Volume (Billion), 2009-2018
Figure 44: South Korea Debit Cards Category Transactions Value Share Analysis by Channel (KRW Trillion), 2009-2018
Figure 45: South Korea Debit Card Transactions Volume Share Analysis by Channel (Billion), 2009-2018
Figure 46: South Korea Debit Cards Category Share by Scheme (%), 2013

Figure 47: South Korea Debit Cards Category Share by Bank (%), 2013
Figure 48: South Korea Charge Cards Category Volume and Penetration, 2009-2018
Figure 49: South Korea Charge Card Category Size by Volume of Cards (Thousand), 2009-2018
Figure 50: South Korea Charge Cards Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 51: South Korea Charge Cards Category Size by Transactions Volume (Million), 2009-2018
Figure 52: South Korea Charge Card Transactions Value Share Analysis by Channel (KRW Trillion), 2009-2018
Figure 53: South Korea Charge Card Transactions Volume Share Analysis by Channel (Million), 2009-2018
Figure 54: South Korea Personal Charge Cards Sub-Category Size by Volume of Cards (Thousand), 2009-2018
Figure 55: South Korea Personal Charge Cards Sub-Category Size by Transaction Value (KRW Trillion), 2009-2018
Figure 56: South Korea Personal Charge Cards Sub-Category Size by Transactions Volume (Million), 2009-2018
Figure 57: South Korea Commercial Charge Cards Sub-Category Size by Volume of Cards (Thousand), 2009-2018
Figure 58: South Korea Commercial Charge Cards Sub-Category Size by Transaction Value (KRW Billion), 2009-2018
Figure 59: South Korea Commercial Charge Cards Sub-Category Size by Transaction Volume (Million), 2009-2018

Figure 60: South Korea Charge Cards Category Share by Scheme (%), 2013
Figure 61: South Korea Charge Cards Category Share by Issuer (%), 2013
Figure 62: South Korea Prepaid Cards Category Volume and Penetration, 2009-2018
Figure 63: South Korea Prepaid Cards Category Size by Volume of Cards (Million), 2009-2018
Figure 64: South Korea Prepaid Cards Category Size by Transaction Value (KRW Billion), 2009-2018
Figure 65: South Korea Open-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2009-2018
Figure 66: South Korea Open-Loop Prepaid Cards Segment Size by Transaction Value (KRW Billion), 2009-2018
Figure 67: South Korea Closed-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2009-2018
Figure 68: South Korea Closed-Loop Prepaid Cards Segment Size by Transaction Value (KRW Billion), 2009-2018
Figure 69: South Korea Market Shares of Key Acquirers (%), 2012

To order this report: South Korea's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
http://www.reportlinker.com/p02029322/South-Korea's-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-Size-Drivers-Strategies-Products-and-Competitive-Landscape.html 


__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

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

Latest Stories
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, d...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.