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WiLAN Reports Third Quarter 2012 Financial Results

OTTAWA, CANADA -- (Marketwire) -- 11/06/12 -- Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced financial results for the third quarter of fiscal year 2012 ended September 30, 2012. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Third Quarter 2012 Highlights


--  Revenues of $21.3 million, exceeding our guidance of $19.9 million. 
--  Adjusted earnings(i) of $9.3 million, or 8 cents per share. 
--  Order issued consolidating two litigations involving Apple, HTC and
    other parties, beginning of trial proceedings against Apple and other
    parties advanced by six months. 
--  Signed a licensing partnership agreement with SENSIO Technologies Inc. 
--  Invested $19.0 million to acquire a portfolio of more than 150 patents
    and applications, with broad applicability to 4G infrastructure and
    handsets, from Alvarion Inc. 
--  Acquired a portfolio of more than 40 patents and applications from
    Siemens AG related to telecommunication network management and mobile
    multimedia. 
--  Returned $4.8 million to shareholders in dividend and share buyback
    payments. 
--  Generated $9.8 million in cash from operations. 
--  Held cash and cash equivalents and short-term investments of $173.2
    million at September 30, 2012. 

"WiLAN delivered strong financial performance in the third quarter of 2012," said Jim Skippen, President & CEO. "New license agreements signed in the quarter resulted in our revenue exceeding guidance."

Added Skippen, "We continued to invest in the future of our business with the purchase of a portfolio of 4G-related patents from Alvarion that we believe add significant value to prospective licensees of our wireless technology portfolio. True to our word that we are prepared to use litigation to encourage prospective licensees to come to the table for serious negotiations, we stepped up our litigation efforts early in the fourth quarter with the launching of four new litigations."

Eligible Dividend

The Board of Directors has declared an eligible dividend of CDN $0.035 per common share to be paid on January 7, 2012 to shareholders of record on December 14, 2012.

Third Quarter 2012 Revenue Review

In the three month period ended September 30, 2012, WiLAN generated revenues of $21.3 million, as compared to $27.8 million in the three month period ended September 30, 2011. The decrease in revenue compared to the prior year period is primarily attributable to the timing of fixed payment amounts as a result of the significant license agreements signed during the first quarter of 2011, some of which required payments that were one-time in nature and some of which had more significant upfront payments. For the three month period ended September 30, 2012, the top 10 licensees accounted for 86% of revenues, whereas the top 10 accounted for 80% of revenues in the three month period ended September 30, 2011.

Third Quarter 2012 Operating Expense Review

In the three month period ended September 30, 2012, cost of revenue totaled $7.7 million as compared to $7.2 million in the three month period ended September 30, 2011. For the nine month period ended September 30, 2012, cost of revenues totaled $22.1 million as compared to $19.6 million in the same period last year. The increase in expenses for the three and nine months ended September 30, 2012 is primarily attributable to an increase in compensation costs as a result of increased staffing levels, and amortization expense as a result of patent acquisitions we completed during fiscal 2011, partially offset by a decrease in royalties.


                                  Three months ended       Nine months ended
                            ------------------------------------------------
                               September   September   September   September
                                30, 2012    30, 2011    30, 2012    30, 2011
                            ------------------------------------------------
                                                                            
Patent licensing              $    1,018  $    1,591  $    3,175  $    3,335
Amortization of patents            6,413       5,456      18,264      15,784
Stock-based compensation             224         189         684         482
                            ------------------------------------------------
                              $    7,655  $    7,236  $   22,123  $   19,601
                            ------------------------------------------------

Marketing, general and administrative ("MG&A") expenses represent the cost of litigation and all corporate services. For the three months ended September 30, 2012, MG&A expenses amounted to $10.4 million as compared to $5.1 million for the three months ended September 30, 2011. The increase in spending for the three months ended September 30, 2012 is primarily attributable to an increase in litigation expenses partially offset by a decrease in incentive costs and stock-based compensation.


                                  Three months ended       Nine months ended
                            ------------------------------------------------
                               September   September   September   September
                                30, 2012    30, 2011    30, 2012    30, 2011
                            ------------------------------------------------
                                                                            
Non-litigation related                                                      
 Marketing, general and                                                     
 administrative costs         $    2,546  $    2,113  $    7,356  $    6,024
Litigation expense                 7,096       1,231      16,793      14,873
Incentive costs                        -         557           -       1,629
Asset write-off related to                                                  
 restructuring                         -           -         209           -
Depreciation                         104         123         376         322
Stock-based compensation             637       1,103       1,850       2,094
                            ------------------------------------------------
                              $   10,383  $    5,127  $   26,584  $   24,942
                            ------------------------------------------------

For the three months ended September 30, 2012, litigation expenses amounted to $7.1 million compared to $1.2 million for the same period last year. The increase in litigation expenses over the prior year period is partially attributable to an increased level of effort in three separate patent infringement litigations in the U.S. District Court for the Eastern District of Texas ("EDTX"). The increased level of effort was required in ongoing preparations for two Markman Hearings that are scheduled to take place in February 2013 and preparations for a trial that is scheduled to begin in April 2013. The increase in litigation expenses is also due to the conduct of proceedings in a patent infringement litigation in the U.S. District Court for the Southern District of Florida that was filed in January 2012 and preparation for litigations launched early in the fourth quarter of 2012.

Third Quarter 2012 Earnings Review

In the third quarter ended September 30, 2012, WiLAN generated adjusted earnings of $9.3 million or 8 cents per share as compared to $22.8 million, or 18 cents per share, in the comparative period. The decrease in adjusted earnings between the reporting periods is primarily attributable to lower revenues and higher investment in litigation, for the purpose of driving future revenue growth.

The Company's GAAP earnings were $2.2 million, or 2 cents per share on a basic level, in the three month period ended September 30, 2012, as compared to GAAP earnings of $7.3 million, or 6 cents per share on a basic level, in the same period last year.

Third Quarter 2012 Balance Sheet and Cash Flow Review

At September 30, 2012, the Company's net cash, comprised of cash and cash equivalents and short-term investments, totaled $173.2 million, representing a decrease of $260.5 million from the net cash position at December 30, 2011. The decrease is primarily attributable to the retirement of the Debenture, the acquisition of patents and other intangibles totaling $24.3 million, the returning of $26.1 million to shareholders in dividend and share buyback payments, offset by $28.1 million in cash generated from operations. The Company's cash equivalents and short-term investments include T-bills, term deposits and GICs.

During the third quarter ended September 30, 2012, the Company generated $9.8 million of cash from operations and returned $4.8 million to shareholders in share buyback and dividend payments.

Fourth Quarter 2012 Financial Guidance

For the fourth quarter 2012 ending December 31, 2012, the Company expects revenue to be at least $20.7 million. This revenue guidance does not include the potential impact of any new agreements that may be signed during the balance of the fourth quarter of 2012 or the potential impact of any royalties identified in audits conducted by the Company. Operating expenses for the fourth quarter are expected to be in the range of $12.8 million to $14.5 million of which $7.7 million to $8.7 million is expected to be litigation expense. For the fourth quarter of 2012, and assuming no additional agreements are signed, adjusted earnings are expected to be in the range of $6.2 million to $7.9 million.

The above statements are forward-looking and actual results may differ materially. The "Forward-looking Information" section at the end of this press release provides information on various risks and uncertainties that the Company faces. Additional information identifying risks and uncertainties relating to the Company's business are discussed in greater detail in the "Risk Factors" section of WiLAN's AIF for the 2011 fiscal year dated March 9, 2012 (copies of which may be obtained at www.sedar.com or www.sec.gov). Financial guidance is provided to assist investors and other interested parties in understanding WiLAN's performance. The reader is cautioned that using this information for any other purpose may be inappropriate.

The Company's revenues result primarily from the licensing of intellectual property which, by its very nature, is directly affected by the timing of the closure of license agreements, the nature and extent of specific licenses including actual rates, product sales by licensees which can be subject to seasonality as well as overall market demands and the timeliness of the receipt of licensee royalty reports. In addition, certain revenues may be of a one-time nature.

The above guidance for the three month period ended December 31, 2012 reflects our current business indicators and expectations and is subject to fluctuations in foreign currency exchange rates. Due to their nature, certain income and expense items, such as significant settlements from companies involved in current enforcement actions, brokerage opportunities, new significant litigation or defense actions that could arise during the quarter, losses on asset impairments or realized foreign exchange losses cannot be accurately forecast. Accordingly, we exclude forecasts of such items from our guidance. Actual revenues reported may exceed the guidance provided due to the receipt of royalty reports, signing of new license agreements and completion of licensee audits, all after the guidance is provided.

WiLAN's imperative is to negotiate the best possible license as measured over the long-term and accordingly, the timing of actual license signings may vary from that forecasted. Actual results may vary materially from the guidance provided as a consequence of the above noted factors.

Conference Call Information - November 6, 2012 - 10:00 AM ET

WiLAN will conduct a conference call to discuss its financial results today at 10:00 AM Eastern Time (ET). WiLAN CEO, Jim Skippen and CFO, Shaun McEwan will be on the call.

Calling Information

A live audio webcast will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=169807


--  To access the call from Canada and U.S., dial 1.877.407.0782 (Toll Free)
--  To access the call from other locations, dial 1.201.689.8567
    (International) 

Replay Information

The call will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=169807 and accessible by telephone until 11:59 PM ET on February 6, 2013.


--  Replay Number (Toll Free): 1.877.660.6853 
--  Replay Number (International): 1.201.612.7415 
--  Replay passcode (Conference ID #): 401095 

About WiLAN

WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 260 companies worldwide. Inventions in our portfolio have been licensed by companies that manufacture or sell a wide range of communication and consumer electronics products including 3G and 4G handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL infrastructure equipment, cellular base stations and digital television receivers. WiLAN has a large and growing portfolio of more than 3,000 issued or pending patents. For more information: www.wilan.com.

Note

(i) WiLAN follows GAAP in preparing its interim and annual financial statements. Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation and amortization expense, interest expense, unrealized foreign exchange gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges.

Forward-looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and other United States and Canadian securities laws. The phrases "we believe", "Company expects", "to be", "potential impact", "may be", "may differ", "are expected", "is expected", "may exceed", "may vary" and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements and forward-looking information are based on estimates and assumptions made by WiLAN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that WiLAN believes are appropriate in the circumstances. Many factors could cause WiLAN's actual performance or achievements to differ materially from those expressed or implied by the forward-looking statements or forward-looking information. Such factors include, without limitation, the risks described in WiLAN's March 9, 2012 annual information form for the year ended December 31, 2011 (the "AIF"). Copies of the AIF may be obtained at www.sedar.com or www.sec.gov. WiLAN recommends that readers review and consider all of these risk factors and notes that readers should not place undue reliance on any of WiLAN's forward-looking statements. WiLAN has no intention and undertakes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

All trademarks and brands mentioned in this release are the property of their respective owners.


Wi-LAN Inc.                                                                 
Condensed Consolidated Statements of Operations                             
(Unaudited)                                                                 
(in thousands of United States dollars, except share and per share amounts) 
                                                                            
                         Three          Three                               
                        months         months    Nine months    Nine months 
                         ended          ended          ended          ended 
                     September      September      September  September 30, 
                      30, 2012       30, 2011       30, 2012           2011 
                 -------------- -------------- -------------- --------------
                 -------------- -------------- -------------- --------------
                                                                            
Revenue                                                                     
 Royalties        $     21,293   $     26,825   $     66,777   $     80,589 
 Brokerage                   -            996              -            996 
                 -------------- -------------- -------------- --------------
 Total Revenue    $     21,293   $     27,821   $     66,777   $     81,585 
                                                                            
Operating                                                                   
 expenses                                                                   
 Cost of revenue         7,655          7,236         22,123         19,601 
 Research and                                                               
  development            1,873          2,168          6,624          5,268 
 Marketing,                                                                 
  general and                                                               
  administration        10,383          5,127         26,584         24,942 
 Realized                                                                   
  foreign                                                                   
  exchange gain            (72)        (1,706)           (92)        (1,302)
 Unrealized                                                                 
  foreign                                                                   
  exchange                                                                  
  (gain) loss           (1,189)        12,692         (5,460)         9,830 
 Restructuring                                                              
  charges                    -              -            418              - 
                 -------------- -------------- -------------- --------------
 Total operating                                                            
  expenses              18,650         25,517         50,197         58,339 
                 -------------- -------------- -------------- --------------
Earnings from                                                               
 operations              2,643          2,304         16,580         23,246 
 Investment                                                                 
  income                   161          2,246          1,065          3,028 
 Interest                                                                   
  expense                    -           (808)        (1,126)          (808)
 Transaction                                                                
  costs                      -         (1,245)             -         (1,245)
 Debenture                                                                  
  financing, net             -          4,344        (31,138)         4,344 
                 -------------- -------------- -------------- --------------
Earnings (loss)                                                             
 before income                                                              
 taxes                   2,804          6,841        (14,619)        28,565 
                                                                            
                                                                            
Provision for                                                               
 (recovery of)                                                              
 income tax                                                                 
 expense                                                                    
 Current                 1,138            908          3,060          2,632 
 Deferred                 (493)        (1,384)        (5,278)       (11,482)
                 -------------- -------------- -------------- --------------
                           645           (476)        (2,218)        (8,850)
                 -------------- -------------- -------------- --------------
Net earnings                                                                
 (loss)                  2,159          7,317        (12,401)        37,415 
                                                                            
Other                                                                       
 comprehensive                                                              
 income                                                                     
 Cumulative                                                                 
  translation                                                               
  adjustment                 -              -              -         (9,830)
                 -------------- -------------- -------------- --------------
Comprehensive                                                               
 income (loss)    $      2,159   $      7,317   $    (12,401)  $     27,585 
                 -------------- -------------- -------------- --------------
                 -------------- -------------- -------------- --------------
                                                                            
                                                                            
Earnings (loss)                                                             
 per share                                                                  
 Basic            $       0.02   $       0.06   $      (0.10)  $       0.31 
 Diluted          $       0.02   $       0.06   $      (0.10)  $       0.30 
                                                                            
                                                                            
Weighted average                                                            
 number of                                                                  
 common shares                                                              
 Basic             121,225,793    123,443,900    121,459,574    120,994,489 
 Diluted           122,086,343    125,618,973    121,459,574    123,488,133 
                 -------------- -------------- -------------- --------------
                 -------------- -------------- -------------- --------------
                                                                            
                                                                            
                                                                            
Wi-LAN Inc.                                                                 
Condensed Consolidated Balance Sheets                                       
(Unaudited)                                                                 
(in thousands of United States dollars)                                     
                                                                          
                                         September 30,       December 31, 
As at                                             2012               2011 
                                    -------------------  -----------------
                                    -------------------  -----------------
Current assets                                                            
  Cash and cash equivalents          $         171,553   $        432,186 
  Short-term investments                         1,617              1,524 
  Accounts receivable                            2,656              2,153 
  Prepaid expenses and deposits                  1,020                290 
  Deferred financing costs                           -              1,716 
                                    -------------------  -----------------
                                               176,846            437,869 
                                                                          
                                                                          
Furniture and equipment, net                     1,233              1,769 
Patents and other intangibles, net             122,910            118,645 
Deferred tax asset                              21,512             18,086 
Goodwill                                        12,623             12,623 
                                    -------------------  -----------------
                                     $         335,124   $        588,992 
                                    -------------------  -----------------
                                    -------------------  -----------------
                                                                          
                                                                          
Current liabilities                                                       
  Accounts payable and accrued                                            
   liabilities                       $          20,342   $         22,169 
  Due to related party                               -              7,102 
  Current portion of patent finance                                       
   obligation                                    2,547              2,458 
  Deferred tax liability                             -              1,851 
  Debentures                                         -            203,855 
                                    -------------------  -----------------
                                                22,889            237,435 
                                                                          
                                                                          
Patent finance obligation                        3,288              5,189 
Success fee obligation                          11,864             15,212 
                                    -------------------  -----------------
                                                38,041            257,836 
                                    -------------------  -----------------
                                                                          
                                                                          
Commitments and contingencies                                             
                                                                          
                                                                          
Shareholders' equity                                                      
  Capital stock                                430,207            436,606 
  Additional paid-in capital                    10,364             14,061 
  Accumulated other comprehensive                                         
   income                                       16,225             16,225 
  Deficit                                     (159,713)          (135,736)
                                    -------------------  -----------------
                                               297,083            331,156 
                                    -------------------  -----------------
                                     $         335,124   $        588,992 
                                    -------------------  -----------------
                                    -------------------  -----------------
                                                                            
                                                                            
                                                                            
Wi-LAN Inc.                                                                 
Condensed Consolidated Statements of Cash Flow                              
(Unaudited)                                                                 
(in thousands of United States dollars)                                     
                                                                            
                            Three         Three          Nine          Nine 
                           months        months        months        months 
                            ended         ended         ended         ended 
                        September     September     September     September 
                         30, 2012      30, 2011      30, 2012      30, 2011 
                     ------------- ------------- ------------- -------------
                     ------------- ------------- ------------- -------------
Cash generated from                                                         
 (used in)                                                                  
Operations                                                                  
Net earnings (loss)   $     2,159   $     7,317   $   (12,401)  $    37,415 
 Non-cash items                                                             
  Stock-based                                                               
   compensation             1,024         1,515         2,955         3,046 
  Depreciation and                                                          
   amortization             6,621         5,667        18,959        16,269 
  Unrealized foreign                                                        
   exchange gain on                                                         
   debenture                    -       (17,285)            -       (17,285)
  Foreign exchange                                                          
   (gain) loss             (1,000)       22,454           130        25,659 
  Deferred financing                                                        
   costs                        -         3,649         1,746         3,649 
  Accretion of debt                                                         
   discount                     -           537        25,175           537 
  Disposal of assets            -           703           209           703 
  Deferred income                                                           
   tax recovery              (493)       (1,384)       (5,278)      (11,482)
                     ------------- ------------- ------------- -------------
                            8,311        23,173        31,495        58,511 
 Change in non-cash                                                         
  working capital                                                           
  balances                                                                  
  Accounts                                                                  
   receivable              (1,547)       (3,656)         (503)       (5,394)
  Prepaid expenses                                                          
   and deposits               485           210          (730)         (289)
  Accounts payable                                                          
   and accrued                                                              
   liabilities              2,585          (905)        4,986         1,682 
  Due to related                                                            
   party                        -             -        (7,102)            - 
                     ------------- ------------- ------------- -------------
Cash generated from                                                         
 operations                 9,834        18,822        28,146        54,510 
                     ------------- ------------- ------------- -------------
Financing                                                                   
 Proceeds on sale of                                                        
  common shares, net            -           (87)            -        71,948 
 Dividends paid            (3,663)       (3,148)      (10,383)       (7,555)
 Success fee                                                                
  obligation               (1,609)            -       (11,354)            - 
 Proceeds from                                                              
  issuance                                                                  
  (repayment) of                                                            
  convertible                                                               
  debentures                    -       220,565      (233,247)      220,565 
 Internally                                                                 
  restricted cash               -      (220,565)            -      (220,565)
 Common shares                                                              
  repurchased under                                                         
  normal course                                                             
  issuer bid               (1,092)            -       (15,729)            - 
 Common shares                                                              
  issued for cash on                                                        
  the exercise of                                                           
  options                     568           732         2,562         5,702 
 Common shares                                                              
  issued for cash                                                           
  from Employee                                                             
  Share Purchase                                                            
  Plan                          -             -           116            87 
                     ------------- ------------- ------------- -------------
Cash (used in)                                                              
 generated from                                                             
 financing                 (5,796)       (2,503)     (268,035)       70,182 
                     ------------- ------------- ------------- -------------
Investing                                                                   
 Sale (purchase) of                                                         
  short-term                                                                
  investments                 (55)       21,018           (93)       18,172 
 Purchase of                                                                
  furniture and                                                             
  equipment                   (38)         (660)         (369)       (1,614)
 Purchase of patents                                                        
  and other                                                                 
  intangibles             (22,963)         (689)      (24,340)      (10,054)
                     ------------- ------------- ------------- -------------
Cash (used in)                                                              
 generated from                                                             
 investing                (23,056)       19,669       (24,802)        6,504 
                     ------------- ------------- ------------- -------------
Foreign exchange                                                            
 gain (loss) on cash                                                        
 held in foreign                                                            
 currency                   1,000       (22,454)        4,058       (25,659)
                     ------------- ------------- ------------- -------------
                                                                            
Net cash and cash                                                           
 equivalents (used                                                          
 in) generated in                                                           
 the period               (18,018)       13,534      (260,633)      105,537 
Cash and cash                                                               
 equivalents,                                                               
 beginning of period      189,571       174,639       432,186        82,636 
                     ------------- ------------- ------------- -------------
Cash and cash                                                               
 equivalents, end of                                                        
 period               $   171,553   $   188,173   $   171,553   $   188,173 
                     ------------- ------------- ------------- -------------
                     ------------- ------------- ------------- -------------
                                                                            
                                                                            
                                                                            
Wi-LAN Inc.                                                                 
Reconciliation of GAAP Net Earnings to Adjusted Earnings                    
(Unaudited)                                                                 
(in thousands of United States dollars, except share and per share amounts) 
                                                                            
                         Three          Three                               
                        months         months    Nine months    Nine months 
                         ended          ended          ended          ended 
                     September      September      September      September 
                      30, 2012       30, 2011       30, 2012       30, 2011 
                 -------------- -------------- -------------- --------------
                 -------------- -------------- -------------- --------------
                                                                            
Net earnings                                                                
 (loss) under                                                               
 GAAP             $      2,159   $      7,317   $    (12,401)  $     37,415 
                                                                            
Adjusted for:                                                               
  Unrealized                                                                
   foreign                                                                  
   exchange                                                                 
   (gain) loss          (1,189)        12,692         (5,460)         9,830 
  Depreciation                                                              
   and                                                                      
   amortization          6,621          5,667         18,959         16,269 
  Stock based                                                               
   compensation          1,024          1,515          2,955          3,046 
  Restructuring                                                             
   and other one                                                            
   time charges              -            285            418            285 
  Asset write-                                                              
   off related                                                              
   to                                                                       
   restructuring             -              -            209              - 
  Interest                                                                  
   expense                   -            808          1,126            808 
  Transaction                                                               
   costs                     -          1,245              -          1,245 
  Investment                                                                
   income                    -         (1,940)             -         (2,073)
  Debenture                                                                 
   financing,                                                               
   net                       -         (4,344)        31,138         (4,344)
  Income tax                                                                
   expense                                                                  
   (recovery)              645           (476)        (2,218)        (8,850)
                 -------------- -------------- -------------- --------------
Adjusted                                                                    
 earnings         $      9,260   $     22,769   $     34,726   $     53,631 
                 -------------- -------------- -------------- --------------
                 -------------- -------------- -------------- --------------
                                                                            
                                                                            
                                                                            
Adjusted                                                                    
 earnings per                                                               
 basic share      $       0.08   $       0.18   $       0.29   $       0.44 
                                                                            
Weighted average                                                            
 number of                                                                  
 common shares                                                              
  Basic            121,225,793    123,443,900    121,459,574    120,994,489 
  Diluted          122,086,343    125,618,973    121,459,574    123,488,133 
                 -------------- -------------- -------------- --------------

Contacts:
Media inquiries:
Kathryn Hughes
Director, Marketing & Communications
O: 613.688.4897
C: 613.898.6781
[email protected]

Investor inquiries:
Shaun McEwan
Chief Financial Officer
O: 613.688.4898
C: 613.697.7159
[email protected]

Tyler Burns
Director, Investor Relations
O: 613.688.4330
C: 613.697.0367
[email protected]

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"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...