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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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SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.