enterprisesecuritymag

JULY - 2021ENTERPRISE SECURITY| | 9to the cloud, be supported by remote power, and cannot be as expensive as an iPhone. One of our portfolio companies is tackling that very problem by creating a new technology platform that combines 5G connectivity with artificial intelligence-enabled edge computing to power a wide range of connected devices.Finally, it is critical that businesses secure and protect the massive amounts of data that will be collected and transmitted. Fortunately, 5G is an inherently more secure platform than WiFi, but devices still need their own ability to ensure security and privacy. There are a variety of new companies implementing new technologies, both hardware and software, on devices without further increasing cost, power, or computing requirements. These are not easy challenges to overcome, and we feel this is an area still open for further innovation by a number of new businesses.Combining all these technologies and capabilities together, one can see greenspace available to innovators to develop new businesses that can grow into billion-dollar businesses. In the industrial space, Safehub places sensors with connectivity and data capabilities on buildings to measure building and ground properties and feeds that data back to property owners/managers and insurance firms, providing critical operational and financial protection data. In the enterprise space, OTO.ai has developed software and technology that enables a device as compact and low power as a headset or hearing aide to provide useful sentiment analysis feedback. This can also be applied to medical and mental health professionals as well as they use these capabilities to diagnose patients. Connectivity and data will continue to power the generation of new businesses. The name and marketing terminology may change, but the evolution of technology combined with the drive of entrepreneurs, will continuously bring opportunities for new entrants. ESThe name and marketing terminology may change, but the evolution of technology combined with the drive of entrepreneurs, will continuously bring opportunities for new entrantsHoman Yuen
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