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Industry News

Iteto: Digital Disruption Accelerates in the Nordics

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Iteto: Digital Disruption Accelerates in the Nordics

Nordics executives expect more radical digital disruption in the future, the Future Perspectives study reveals-- 7 out of 10 believe their current business model will be obsolete in the next 5 years, if not earlier.

Conducted by Kairos Future on behalf of Tieto, the study involves 500 executives from a wide range of industries across Finland, Sweden and Norway. It shows 69% of Nordic leaders estimate the rate of disruption will accelerate in the next 5 years, with 74% foreseeing disruption coming from outside their industry. The main driver of such disruption? Tech startups.

The survey respondents point out financial services, media, and retail and wholesale industries as the most heavily disrupted by tech players. Sweden sees the most disruption (at least according to 51% of execs), followed by Norway (38%) and Finland (34%). Media, retail and healthcare are anticipated to have the shortest business model lifespans, with a life of 3 years before becoming obsolete.

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DigiTimes: Mining Drives Graphics Cards

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DigiTimes: Mining Drives Graphics Cards

According to DigiTimes the want for improved graphics in games is not the only driver for the GPU market-- customers also use graphics cards for Bitcoin mining, following recent price increases for the successful cryptocurrency.

For the curious, this week saw 1BTC reach the record worth of over $2900. Back in March 2017 the price was around $1000, making for nearly a 300% increase in value in the space of 3 months.

As a result, the graphics card market is enjoying "strong" Q2 2017 sales, despite the quarter being the traditionally slow season. The most popular cards for Bitcoin mining are AMD-based, but Nvidia cards also see increased demand despite higher prices. Either way, the increase in the popularity of Bitcoin mining has lead to the two companies planning cards designed specifically for the task.

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Micron Updates on GDDR5X, GDDR6 Development

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Micron Updates on GDDR5X, GDDR6 Development

Micron releases an update on the development and production of GDDR5X and GDDR6 memory products-- the company plans to introduce improved GDDR5X chips soon, while GDDR6 is to hit mass production on early 2018.

The company first launched "G5X" memory chips at 10Gbps speeds, but now it supplies them in 10, 11 and 12Gdbps, with production focusing on increasing data rates and yields. Currently, the Nvidia Titan Xp GPU uses "Micron's next-gen G5X at 11.4Gbps, which is now in mass production."

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VESA Focuses on VR, AR

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VESA Focuses on VR, AR

The Video Electronics Standards Group (VESA) forms a special interest group (SIG) to address the standards covering the virtual reality (VR) and augmented reality (AR) markets.

As the creator of multiple display standards, such as DisplayPort, Embedded DisplayPort (eDP), EDID and DisplayID, VESA should be well positioned to investigate AR/VR compatability issues. Currently the industry lacks a standard covering head-mounted displays and eyeglasses, leading to increasing confusion and complexity for both developers and customers, impeding broader acceptance of such products.

The VESA AR/VR SIG is open to both VESA members and non-members, and will discuss the needs of all ecosystem players, namely headset makers, glass makers, and other types of providers. The SIG will work with other VESA task groups and other standards organisations to build a "robust ecosystem," starting from physical connections, data transfer protocols, software drivers and application layers.

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Gartner: Organisations Not Prepared for EU Data Regulation

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Gartner: Organisations Not Prepared for EU Data Regulation

According to Gartner the European General Data Protection Regulation (GDPR) will have a global impact once it goes into effect on 25 May 2018-- and over 50% of companies will not comply with it.

"The GDPR will affect not only EU-based organisations, but many data controllers and processors outside the EU as well," the analyst states. "Threats of hefty fines, as well as the increasingly empowered position of individual data subjects tilt the business case for compliance and should cause decision makers to re-evaluate measures to safely process personal data."

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