I thought it would be interesting to extract the number of cybersecurity vendors by year founded from the Directory portion of Security Yearbook 2021. At first glance, the result is surprising. Only thirteen new cybersecurity vendors in 2020! A total of 41 the year before. That seems extremely low compared to previous years. Has the…
With a little effort it is possible to shoehorn 2,615 cybersecurity vendors into sixteen categories as I have done above. I have long maintained that the cybersecurity industry is growing at a 24% compound annual growth rate (CAGR). I remember in 2003 at Gartner we pegged the total market at $2 billion, which was a…
The following is an excerpt from Security Yearbook 2021. ( Pre-order here for the limited first print run of 2,000.) It originally appeared in Forbes but has been taken down. The lifeblood of the cybersecurity industry is new investments, both in startups and established companies. 272 vendors received additional funding in 2020 based on data…
There are many ways to distill a year into a chapter of a history book. While the history of cyber attacks is easily gleaned from news reporting, it is much harder to find a history of the industry. Which companies thrived? Which failed? Which were funded? Which were acquired? I assembled all of that…
Just as autonomous vehicles are held out as a potential future for transportation, autonomous factories and plants are a possible future for at least some forms of manufacturing. With the rapid advancement of artificial intelligence (AI) and machine learning (ML) applications in the asset performance management (APM) space, coupled with the fact virtually every control…
Through 2023, fintechs using blockchain will accelerate critical adoption and use of digital currency services, and smart contracts. Blockchain will accelerate service speed, security and usability. This will enhance business as well as consumer value by reducing cost, the idea that we’ll have fewer cyber risks, and execution errors. Blockchain created many billions of transactions…
Despite COVID-driven tech investments, the majority of manufacturers will fail in digital transformation through the end of 2022. I say this because, while COVID is really driving investment in technologies like AR/VR, Automation, AI, Machine Learning – the applications of these technologies have helped to mitigate the disruptions that COVID has caused – but the…
My prediction is that only a few telcos, despite their spending power, will become shall we say – in the elite adopters of the combined technologies of Analytics, AI and Automation. Why is this my prediction? Well, it’s going to be just really difficult to do, given the complexity of their existing technology stack and…
2021 will be the most intense year in decades for payers in health insurance plans, healthcare providers and their IT vendors as they start to tackle the recent game-changing open Application Programmer Interface regulation. It will require them to finally share data. Other 2021 challenges include competition surrounding price transparency (hard to play hide-and-seek with…
The Augmented Reality (AR) menu will transform the customer’s digital experience when ordering foods. AR is an emerging technology that employs 3D imaging to offer a better visual experience to consumers. I expect AR to become popular in the hospitality industry, enabling them to promote their foods and drinks via 3D images. For example, in…
