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Apr 17, 2023 · McKinsey has determined that the convergence of cybersecurity and the IoT, translates to an IoT total addressable market (TAM) of up to $750 billion by 2030, which is 50 percent more than current IoT market forecasts without convergence.
Oct 4, 2023 · Oct 4 (Reuters) - Canadian technology company BlackBerry (BB.TO), said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary...
Dec 12, 2023 · Now, a company announcement said BlackBerry will instead separate the IoT and cybersecurity business units to become “fully standalone” BlackBerry divisions. The announcement follows the completion of BlackBerry’s Project Imperium, a review into the company’s operations to increase shareholder value and sustainable growth.
- Scarlett Evans
Oct 17, 2024 · BlackBerry’s Internet of Things (IoT) operations appear to be its most compelling asset, showcasing strong segment-level EBITDA margins and promising strategic updates.
Apr 7, 2023 · IoT and cybersecurity convergence should address IoT buyers’ concerns around digital trust and privacy, enable new use cases, and amplify adoption of existing ones. It will likely allow the IoT industry to adopt higher security standards, driven by government mandates.
Oct 5, 2023 · BlackBerry has announced plans to draw a line between its IoT and cybersecurity businesses as it looks to make them two independently operated entities.
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What does McKinsey say about BlackBerry?
Jun 28, 2021 · While the IoT space is heating up for enterprises, signaling BlackBerry’s intent there, the cybersecurity space is white-hot, with security specialist Crowdstrike reporting a 70% jump in revenue for the quarter ending April 30, 2021, compared to the same quarter last year.
