M2M and wearable technology expected to push IoT services to $231 billion market in 2020.

A new report by 4G-reports projects big growth opportunities in the machine-to-machine (M2M) and wearable technology market, which the authors say will help IoT service providers garner an estimated $231 billion in IoT service revenue by the end of 2020. This growth is expected to open new opportunities in areas such as smart meters and patient monitors, and may expand the smart devices market overall, particularly within the framework of the Internet of Things (IoT) vision.

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Sneak Peek: Czech Savings Bank lowers IT costs with Red Hat technologies

Established in 1825, Czech Savings Bank (Česká spořitelna) is a banking institution in the Czech Republic, serving more than 5 million customers. When it came time to consolidate and modernize its server system, the company chose an open source, Linux solution for its flexibility, high return on investment and quick installation. Watch Czech Savings Bank’s story in this video.

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Presentation: Meeting new business model challenges in the financial services industry

Changing business models, Bank 3.0, and increased regulation are disrupting and transforming the financial services industry. At the Red Hat Summit 2015 this past summer, a group of panelists discussed how to respond to this changing landscape and you can now view their presentation online.

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Insurance providers should ensure that data gets a clean bill of health.

Recently, our family switched health insurance providers. Each family member had to go through various health checks, and each check was driven by the age of the family member concerned. I’d say this process has a lot to do with value based care—a healthcare model that prioritizes value over volume, which insurance companies are beginning to embrace. But it also may have to do with the fact that insurance companies are beginning to deliver tailored plans based on demographics and other factors. At the same time, insurance providers have seen continuous growth of data and now, with an effort to manage population health, this data can be extremely valuable in gleaning insight to better address patient needs, to improve the quality of care and to reduce costs. However, this insight is critically dependent on the health of the underlying data itself—data of all ages, if you will, that often span multiple generations! So, are insurance companies doing what it takes to effectively manage the health of their data?

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Sneak Peek: ING Services Polska delivers optimal, secure IT to ING Group using Red Hat technologies

ING Services Polska, the IT arm of ING Group, a global financial institution, switched to an open source Linux infrastructure because its customers—ING business units all around the world—were asking for high-performing, highly secure IT services that were more cost-effective. After reviewing a variety of solutions and technologies, ING Services Polska chose Red Hat. Learn more in this video.

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Enterprise SDN market is on track to hit $10 billion by 2019.

Software-defined networking (SDN) abstracts low-level network functions into a software application so network administrators can more easily manage dynamic networks. The SDN market is still early days, but a new report estimates that by 2019, enterprises will spend about $10 billion on the technology.

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