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Thomson Reuters Unveils Al-Powered Audit Intelligence Solutions

9/29/2024

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Thomson Reuters, a global content and technology company focused on the public accounting profession, announced last week the launch of Thomson Reuters Audit Intelligence. This suite of Al-powered data-driven audit solutions is designed to transform audit practices by reducing errors and enhancing confidence, while enabling auditors to realize efficiency gains.

The first tool to debut in the suite, named Audit Intelligence Analyze, employs Al and machine learning to simultaneously enhance both audit quality and efficiency. The solution focuses on high-risk areas by efficiently segmenting audit testing populations based on risk level and reducing the overall number of items to be tested. With advanced anomaly detection, Analyze integrates directly within existing workflows, identifying unusual items often overlooked by humans and automatically generating all necessary audit documentation.

Dave Wyle, general manager of Audit at Thomson Reuters, emphasized the importance of using technology to modernize audit practices to stay competitive. "Today's announcement underscores our commitment to investing in and developing products that enable data-driven, Al-powered audits. We aim to provide these solutions swiftly to our customers, maximizing the benefits of Al in their audits, while supporting firms to implement solutions at a pace that works for their businesses," he said. "Our new solution, Analyze, can cut sample sizes by half, saving valuable time for auditors and their clients. This makes audits more efficient and allows auditors to focus on higher-risk areas, improving overall audit quality."

The Audit Intelligence suite will integrate CoCounsel, Thomson Reuters professional-grade GenAl assistant, from next year, as part of the company's broader vision to provide a GenAl assistant to every professional it serves. Auditors will be able to leverage CoCounsel alongside Thomson Reuters Guided Assurance to automate the completion of audit program steps and checklists.

Future additions to the suite will include Audit Intelligence Test, which automates substantive testing and verification by dynamically tracing accounting transactions to banking activity and supporting documentation, and Audit Intelligence Plan, which merges full data populations with technology-driven analytics to empower auditors' planning and risk assessment processes.

Key benefits of Thomson Reuters Audit Intelligence Analyze
• Increased efficiency: Automation of manual processes allows for smaller, risk-focused samples. This enables auditors to concentrate on high-risk areas, enhancing efficiency and reducing overall firm risk while improving audit quality. Time savings of 30 minutes to two hours are achieved in both client data provision and auditor sample selection and documentation.

• Enhanced accuracy: Automated analysis using Al and machine learning increases confidence in audit results, integrating seamlessly into existing audit processes without requiring new methodologies.

• Improved transparency: The solution is fully configurable, providing a clear and transparent process for selecting and understanding advanced risk identification techniques.
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Available now as part of an early adopter program, Audit Intelligence Analyze is expected to debut in the United States in the fall of 2024, followed by the UK in 2025. The solution is integrated into both Thomson Reuters Cloud Audit Suite and directly into audit methodologies and workflows. It can also be used as a standalone by firms with their own methodologies.

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In Some Cities, The First Cop on The Scene is a Drone

7/23/2023

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In the posh seaside town of Santa Monica, California, when someone dials 911 for police, a drone is instantly launched from the station's roof.

Officers also respond. However, most of the time, the drone arrives first, flying directly to a set of GPS coordinates the controller entered. Sometimes, it arrives in less than 30 seconds.

“It’s a fundamental change in the way that we can bring policing services to our city,” said Peter Lashley, a veteran of the force who often pilots the drone from a screen-filled command center inside the police station.

The drone's robust camera can zoom in close enough to read a license plate or provide a view of several square blocks. The drone camera was the lone eyewitness to a horrific heist in Santa Monica, and one of the two culprits was caught and found guilty. It gave responding cops crucial information—that what appeared to be guns in victims' hands weren't firearms—on at least three occasions. Officers could respond far less forcefully thanks to that information.

Police believe drones could have a significant impact by diffusing potentially violent situations when law enforcement agencies are experiencing a crisis of legitimacy because of several high-profile murder cases involving cops. Their spread is also expected to ignite concerns about privacy hazards and a fresh discussion about the relationship between the public and their government.

The government is eager to stress out that drones are not used for surveillance but for incident response.
Drone use by the police has been experimented with for a while, although it is uncommon and relatively new. The first-responder program began in 2018 in Chula Vista, close to San Diego, where officials received a waiver from the Federal Aviation Administration to fly outside a pilot's line of sight. Drones may now cover the entire city. The initiative has swiftly spread throughout Los Angeles County over the past two years; besides Santa Monica, Beverly Hills and Redondo Beach have also adopted it, along with about a dozen other departments nationally. The Los Angeles Police Department, which runs a fleet of helicopters, does not deploy drones for 911 calls, despite claims from department officials that they do so in tactical scenarios occasionally.

As technology advances, so does the usage of tactical drones. The Lemur, a reinforced quadcopter that can fly into buildings, break glass, push open doors, and allow authorities to speak to hostage-taking suspects who are blocked, was recently shown to reporters. Although Santa Monica hasn't yet adopted one, many other departments have.

The catastrophic shooting in his hometown of Las Vegas inspired Blake Resnick, then 17 years old, to start BRINC, which is the company that produces the Lemur.

“What we found in tactical situations is if we can communicate with a person, we can de-escalate it much quicker and bring the situation to resolution,” said Don Lemond, a retired Chula Vista police officer who now works for BRINC. “But we also deployed it during the Surfside condo collapse in Florida to look for people that were trapped inside the building.”

As a senior policy analyst with the American Civil Liberties Union in Washington, Jay Stanley has studied government drone use. He claims his group is not against using drones to respond to emergencies or rescue hostages.

"Our stance is that it's legitimate for police departments to use drones for raids, accidents, and crime scenes, as well as to find a lost child in the woods," he said.

However, he noted police drone use raises "all the same questions body cameras raise." What occurs to the video? Who is permitted access? Will the cops broadcast the video when it bolsters their image of heroism and bury it when it doesn't?
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“It’s an incredible resource that’s going to potentially reduce risk and liability and ultimately make policing safer for not only the community but also for the officer,” he said. “It’s amazing what you can see from the air,” Redondo Police Capt. Stephen Sprengel said.
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The Dedicated Mobile Hotspot Router

2/5/2023

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Your phone probably has a built-in hotspot feature that enables you to share your internet connection with other devices, regardless of whether you use an iPhone or an Android smartphone.

It's a nice function, but if you use it frequently, a separate mobile hotspot router will probably serve you better.

During my working career, I traveled over 4 million miles and over half of that travel was on trips where I relied on a mobile hotspot router for my Internet connection.

In my first years using a mobile hotspot router, I used hardware from a variety of manufacturers. But, within a couple of years, I had focused on Netgear and have used their routers ever since.

The newest device from Netgear is the Nighthawk M6 Pro and it’s the top hotspot router on the market today. It is important to note that the M6 Pro is only available on the AT&T network in the US. The M6 model is still a superb router and can come unlocked to be used with any telecom vendor.

At this point, you must be asking why? Why have this expensive peripheral when its functionality is bundled already into my smartphone?

It's because mobile hotspot routers are more adaptable and filled with cool capabilities.

First, I use my phone for a variety of purposes throughout the day and don't want to tie it up with always providing the Internet to gadgets. It is inconvenient and severely drains the battery. Two years ago, my wife and I decided to ‘cut the cord’ and get rid of our landline. Now, my smartphone is our primary contact number and I want it always available. The only thing my mobile hot spot router has to do is connect the Internet to all of my accompanying devices.

The Nighthawk M6 and M6 Pro can connect up to 32 devices to the Internet by using the built-in battery to fill up to 2,000 square feet of space with high-speed Wi-Fi for up to 13 hours using the available 5G & 4G LTE networks. If you need more power, connect it to a power bank or other USB charger that’s available.

If your smartphone doesn't have an unlimited data plan, controlling your internet consumption on your phone is crucial. Setting up a separate plan just for data with a cellular carrier for your mobile hotspot router will eliminate those overage costs on your phone’s plan. And in those situations where your device can take advantage of an Ethernet connection, this mobile hotspot router can provide that Ethernet port.

The Nighthawk M6 and M6 Pro's ability to capture cellular signals is also impressive. These mobile routers perform better and had a stronger signal than my iPhone 14 Pro, which makes them a wonderful option for signal-poor locations. In those situations where there appears to be a poor cellular signal, you can connect an external antenna to the TS-9 ports of the router.

Another feature of the M6 and M6 Pro is its ability to provide Internet service even at home. The mobile router can connect directly to your network and allow you to switch over to cellular should your main Internet connection go down.
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Finally, when you need Internet connections at a campsite, remote construction site or even an emergency scene, use your mobile hotspot router to create a bubble of Wi-Fi service wherever you are. The router will also create a QR code on its display so any smartphone can easily connect to the service with its camera.
Once you’ve used one, you’ll find it really hard to go back to using your smartphone’s hotspot feature.

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An Electronic Business Card — The Ultimate Networking Tool

12/18/2022

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Regardless of the business you work for, networking is a key skill for success. But in the contemporary environment we live in, creating and distributing business cards doesn't really make sense.

An alternative that is more environmentally friendly is a new electronic card called the Linq card that digitally sends your contact information to someone else's phone. 

The Linq business card looks exactly like a standard business card, but it has a significant difference: it can instantly share your contact information with others by tapping it on a smartphone.

The card makes use of a near-field communication (NFC) chip, the same technology that powers regular activities like using your smartphone to make in-store purchases, to enable the tap-sharing feature. Most devices have NFC reading capabilities, but if the person you want to share with doesn't have NFC, you can still easily share your information by having them scan the QR code on the back of the card.

The Linq profile is displayed once the person taps the card or scans the QR code. When you first activate your card, the Linq app prompts you to create your unique profile. The best feature is how customizable it is—from the design of your bio page to the social media platforms and links that are displayed, right down to the reference profile picture and even an included video.

If you meet regularly with new businesses and individuals, they offer an option for you to save the contact information on those with whom you share your information. The recipient has the option to add your contact information automatically to their default messaging app when it is scanned.

The traditional white card is the least expensive option in terms of price, coming in at $12 on Linq’s website; prices rise as you choose different color options, finishes and additional custom features.
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Regardless of age, these cards make wonderful stocking stuffers or presents for everyone who works.

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Amazon Announces New Chip Set for AWS Cloud Computing

12/11/2022

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New chips are being released by Amazon.com Inc.'s cloud computing division to power the most advanced computing, supporting tasks like gene sequencing and weather forecasting.

The largest provider of cloud computing, Amazon Web Services (AWS), announced recently that it will allow users to rent processing capacity that uses a new generation of its Graviton chips. The product, according to Peter DeSantis, senior vice president and manager of most of AWS' technical teams, is a platform for expanding access to high-performance computing.

The newest chip is Amazon's most recent push to produce more of the hardware for its large data centers that power AWS. Making its own chips, according to Amazon, will provide clients access to more powerful computers at a lower cost than they could by renting time on processors made by companies like Intel Corp., Nvidia Corp., or Advanced Micro Devices Inc. These businesses, which are also some of AWS's biggest suppliers, are now in direct competition with it because of the new chips. According to DeSantis, the chipmakers are still "excellent partners," and AWS intends to keep providing high-performance computing services based on their chips.

To kick-start its in-house chip designs, which initially were concentrated on basic computing activities like serving as the foundation for websites, AWS bought chipmaker Annapurna Labs in 2015. The high-performance computing initiative, which was unveiled at the opening of the AWS re:Invent trade conference, aims to show that Amazon's proprietary technology can compete head-to-head with chips from leading manufacturers.

The Inferentia chip, which is made to make deductions from enormous volumes of data, has undergone an update, according to AWS Chief Executive Officer Adam Selipsky, who made the announcement the second day of the re:Invent conference. According to Amazon, Inferentia2 handles larger data sets than its predecessor, making it possible to perform tasks like software-generated graphics or speech recognition and interpretation.

Among the most sophisticated systems powered by cutting-edge semiconductors are computers that forecast weather patterns and simulate the aerodynamics of race cars. Usually, enterprises, government agencies, and academic institutions have created pricey computer systems in their own data centers using components from Intel, Nvidia, and AMD.

According to DeSantis, the Graviton3E, the most recent model in AWS's line of Graviton processors, will be twice as capable as earlier models in one category of calculations used by high-performance computers. When combined with other AWS technology, the new offering will be 20% better than the previous one. Amazon didn't say when services based on the new chip would be available.
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“The reason that high-performance computing isn’t big is it’s hard,” DeSantis said. “It’s hard to get capacity, it’s hard to get time on that supercomputer. What we’re excited about is bringing the capabilities of high-performance computing to more workloads.”
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Biden Signs Executive Order to Protect Data Transfers Between the U.S. and EU

10/30/2022

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The White House reported recently that the President had implemented a new framework to safeguard the privacy of personal data transferred between the United States and Europe.

Since a European court invalidated an earlier version in 2020, the new framework significantly closes a gap in data protections on both sides of the Atlantic. The court determined that the U.S. had an excessive amount of power to monitor European data transferred under the previous arrangement.

The court case, known as Schrems II, “created enormous uncertainty about the ability of companies to transfer personal data from the European Union to the United States in a manner consistent with EU law,” then-Deputy Assistant Commerce Secretary James Sullivan wrote in a public letter shortly after the decision. The result increased business complexity by requiring U.S. corporations to use several "EU-approved data transmission protocols" on an as-needed basis, according to Sullivan.

The so-called Privacy Shield 2.0 seeks to address European concerns about possible surveillance by U.S. intelligence agencies. In March, after the U.S. and EU agreed in principle to the new framework, the White House said in a fact sheet that the United States is “committed to implement new safeguards to ensure that signals intelligence activities are necessary and proportionate in the pursuit of defined national security objectives.”

With the new system, EU citizens will have access to a Data Protection Review Court (DPRC) that is independent of the U.S. government and composed of members from other countries. According to the March fact sheet, the committee "would have complete authority to adjudicate allegations and direct remedial steps as needed."

The civil liberties protection officer in the Office of the Director of National Intelligence will also carry out an initial inquiry of complaints before a matter reaches the DPRC. Its judgments are final and enforceable, subject to review by the impartial body.

The executive order instructs the American intelligence community to change its policies and practices to conform to the framework's new privacy protections. It gives the independent Privacy and Civil Liberties Oversight Board instructions to go over these revisions and undertake an annual evaluation of the intelligence community's compliance with binding redress rulings.
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“The EU-U.S. Data Privacy Framework includes robust commitment to strengthen the privacy and civil liberties safeguards for signals intelligence, which will ensure the privacy of EU personal data,” Commerce Secretary Gina Raimondo told reporters Thursday.
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Web3 Is Coming—What Will It Mean?

2/20/2022

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The Internet once held great promise to empower individuals, but it has become yet another path of control for bad actors. Today, authoritarian governments and companies around the world track and surveil individuals; data is not private and is sold for profit; some states algorithmically “score” their citizens; and propaganda and disinformation are rampant.

Thankfully, we are on the cusp of “Web3,” a next-generation Internet that could shift the balance back toward individuals. If the United States embraces Web3, it could also offer a pivotal advantage in its ongoing competition with authoritarian states, especially China.

What is Web3? To understand, it helps to go back to the beginning.

Think of Web1 as the original one-way Web pages of the 1990s—static sites coupled with the dawn of widespread email. Web2 came to life as the Internet became interactive, allowing users to log in and create their own content. At the same time, Google, Facebook and other massive tech platforms hosted “free” services in exchange for our data. Over subsequent decades, of course, the Internet has continued to advance and grow more sophisticated, but we mostly still operate in a Web2 world.

Now, we are closing in on a new version of the Internet—Web3—built on the blockchain, a technology that makes it possible to transact data securely, and smart contracts, which allow users to make agreements without relying on intermediaries, it’s what permits you to pay a vendor directly using cryptocurrency, no bank required. Web3 is still being developed and defined, but it’s clear that, fundamentally, it will offer a more decentralized version of the Internet.

Web3 is in its heady early days. New companies are forming daily to remove central platforms and bring decentralized, more secure services to users globally. Some focus on video-sharing services with no central repository—in contrast with YouTube or TikTok. Others are creating decentralized shared-storage options, unlike centralized cloud services.

These new services address many of the biggest problems of today’s Internet. Security is improved because there is no central database to hack. Privacy is protected because users directly control their data. Resiliency is built into Web3 through decentralization.

And this decentralization makes control by authoritarian governments much more difficult.

In 1999, it would have been hard to believe that one day teenagers would become millionaires by making videos of themselves playing video games or that political revolutions would be fomented on a website designed to share photos of college students.

Web3 could be equally revolutionary by shifting power back to individual users—which would be good for democracy and for the United States, for two reasons:

First, authoritarian states cannot abide private life because that’s where anti-governmental activities can percolate. China and Russia have already set up mechanisms to spy on and control the existing Web2 infrastructure through firewalls, censorship and coercion of technology platforms. Web3 would make such authoritarian controls much more difficult.

Second, although the United States still dominates Web2 in many ways, the Web’s current framework allows China to sweep up swaths of data to power its political and military artificial intelligence systems. The decentralization and personal data control of Web3 would make it much harder for China to maintain data dominance.

Web3 will, of course, be disruptive for good actors as well. Law enforcement will confront websites for which there are no “take down” notices and no corporate CEOs to enforce regulations. Intelligence agencies will need to find new ways to monitor terrorists. Seemingly invincible technology companies could go the way of Blockbuster. Nonetheless, the United States should not fear the rise of Web3—it should adapt to, invest in, and promote it.
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Geopolitics is about relative power and relative gains. Conceptually, Web3 is innately more beneficial to Western liberal democracies, which value democracy and personal privacy. This would return the advantage to the West and force China and other authoritarian states to confront their weaknesses, change them or fall behind.

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1Password Launches Secrets Automation to Protect Infrastructure Secrets

1/30/2022

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1Password, a leader in enterprise password management, recently launched Secrets Automation, an easy-to-use way to secure, manage and orchestrate the rapidly expanding infrastructure secrets required in a modern enterprise. Secrets such as corporate credentials, API tokens, keys and certificates can number in the hundreds for midsize businesses and many thousands for enterprises. This scale and complexity lead to huge security risks. Besides the new product launch, 1Password also completed the acquisition of SecretHub, a secrets management company that protects nearly 5 million enterprise secrets a month. The SecretHub team and CEO Marc Mackenbach will join 1Password immediately, adding expertise and engineers to speed up the 1Password Secrets Automation roadmap. 1Password Secrets Automation launches with a host of partnerships and integrations that will make it easy for developers and DevOps teams to integrate with the mission-critical tools and libraries they already use.  

1Password is the first line of defense for over 80,000 businesses worldwide protecting their employees, customers and intellectual property by securing passwords, financial details and other sensitive information. Today's launch and SecretHub acquisition signal a major expansion of 1Password, helping enterprises secure their infrastructure and machine-to-machine secrets alongside their human passwords. 

"Companies need to protect their infrastructure secrets as much as their employees' passwords," said Jeff Shiner, CEO of 1Password. "With 1Password and Secrets Automation, there is a single source of truth to secure, manage, and orchestrate all of your business secrets. We are the first company to bring both human and machine secrets together in a significant and easy-to-use way." 

Secrets Security Not Keeping Pace. With the massive expansion of Software as a Service (SaaS) applications, infrastructure secrets are multiplying as never before, scattered across multiple services and cloud providers. Companies often try to protect these secrets through a combination of home-grown solutions and awkward hacks. Human error within IT and developer organizations happens all the time and is compounded by risky shortcuts taken in the name of speed and productivity. 

Leaked secrets can have widespread ramifications; when an engineer accidentally placed a secret key into source code at Uber, the names, driver's licenses, and other private information of 57 million users were stolen. A recent GitGuardian report detected over 2 million infrastructure secrets exposed on code sharing platforms, growing 20% over the previous year. This underscores the massive and growing issue of properly managing secrets and protecting sensitive customer data. 

1Password Secrets Automation was developed to address directly these challenges. Key features include:
  • The security of 1Password--store credentials, tokens and other secrets fully encrypted, using the same security that made 1Password the No. 1 enterprise password manager. 
  • A single source of truth for all your secrets--gain complete visibility and auditability in a way that you can't when secrets are spread across multiple services. 
  • Granular access control--define which people and services have access and what level of access they are granted. 
  • Ease of use--built on 1Password's intuitive user interface, Secrets Automation delivers administrative simplicity, providing for good secrets hygiene. 
  • Integration with your existing tools--Secrets Automation integrates with HashiCorp Vault, Terraform, Kubernetes and Ansible, with more integrations on the way. You'll also find ready-to-use client libraries in Go, Node and Python.
1Password and GitHub are also announcing a partnership: "We're partnering with 1Password because their cross-platform solution will make life easier for developers and security teams alike," said Dana Lawson, VP of partner engineering and development at GitHub, the largest and most advanced development platform in the world. "With the upcoming GitHub and 1Password Secrets Automation integration, teams can automate fully all of their infrastructure secrets, with full peace of mind that they are safe and secure."

A Roadmap Driven by Customer Demand. Kira Systems, an AI-based contract review and analysis software company, was one of many customers that requested 1Password expand its offering to solve their secrets management problems. 
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"We've been a 1Password customer for six years and have long wanted to centralize our secrets management," said Joey Coleman, Kira Fellow and director, systems with Kira Systems. "We store terabytes of sensitive data across many deployments, so it is critical for us to have a secure and efficient way of managing the credentials that give access to that data. Secrets Automation delivers an extra level of security while also removing the manual labor required to manage the volume of passwords and credentials."
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AWS Aims to Get Customers Off Their Mainframes Faster

12/26/2021

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At Amazon’s AWS re: Invent conference earlier this month, the company announced a new platform for mainframe migration and modernization called simply “AWS Mainframe Modernization,” which aims to help AWS customers get off their mainframes “as fast as they can” to take better advantage of the cloud.

Today, customers may take a couple of different paths to get off their mainframes—either they take a “lift and shift” approach and bring their application pretty much as is, or they may refactor and break the application down as microservices in the cloud. But neither path is all that easy, and the process can take months or even years to complete as customers must evaluate the complexity of the application’s source code, understand the dependencies on other systems, convert or re-compile the code, and then everything must be tested to make sure it all works.

“It can be a messy business and involves a lot of moving pieces. And it isn’t something that people really want to do on their own,” said Adam Selipsky, CEO of AWS, speaking at the press event. “And while AWS Partners can help with the transition, it can still take a long time,” he added.

The new solution, AWS Mainframe Modernization, instead will make it faster to migrate, modernize and run mainframe applications on AWS. The company claims that it can cut the time to move mainframe workloads to the cloud by as much as two-thirds, using its set of development, test, and deployment tools and a mainframe-compatible runtime environment. The solution will also help customers assess and analyze their mainframe applications for readiness, then help them choose which path they want to take—re-platforming or refactoring—and then come up with a plan.

If the customer wants to re-platform, the Mainframe Modernization solution will offer compilers to convert code and testing services to make sure no functionality is lost during the translation. If the customer wants to refactor or decompose the application—if the components could be run in Amazon’s EC2 service, in containers, or in the Lambda service, for instance—then they can use the Mainframe Modernization solution to convert the COBOL code automatically over to Java. A Migration Hub lets customers track their migration progress across multiple AWS Partners and solutions from a single location.
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Amazon touts the system as being an agile and cost-efficient (with on-demand, pay-as-you-go resources) managed service that offers security and high availability, scalability, and elasticity.
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Amazon to Launch First Two Internet Satellites in 2022

11/28/2021

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The first two prototype satellites from Project Kuiper, the internet-from-space venture from the e-commerce giant, are scheduled to launch in the fourth quarter of 2022, Amazon announced on earlier this month. That will formally kick off its competition with SpaceX, the space company owned by Elon Musk, and OneWeb, among other rivals, for beaming high-speed internet connections to customers from low-Earth orbit. It will also be a crucial test of the satellites’ design before the company launches thousands more devices into orbit.

Amazon first announced its goal of deploying a constellation of 3,236 satellites in low Earth orbit in 2019. This was the second pursuit in space by Jeff Bezos, Amazon’s founder and former chief executive who also owns Blue Origin, the rocket company. A handful of other firms are also racing to offer high-speed internet to governments, other companies and consumers whose access is hampered by the digital divide in remote locations.

Like SpaceX, Amazon plans to spend $10 billion on the project, which sits within its device’s unit. But the company has been slower to start than SpaceX, whose Falcon 9 rockets have lofted nearly 2,000 internet-beaming satellites into orbit for its own venture, Starlink. Thousands of customers are testing the SpaceX service for $99 a month with $499 antenna kits.

Amazon unveiled a customer antenna concept in 2020 and has been testing prototype satellites on the ground for years.

“You can test all the stuff you want in your labs, which we do,” Rajeev Badyal, a vice president at Amazon overseeing the Kuiper project, said in an interview. “But the ultimate test is in space.”

Competition among the companies is fierce, and their plans have drawn interest from investors and analysts who foresee tens of billions of dollars in revenue once the constellations become fully operational. But those same plans have also drawn criticism from space safety advocates who fear collisions of satellites adding to pollution in orbit; astronomers, whose ground-based telescope observations of the night sky could be disrupted by the satellites; and dark skies advocates who fear light pollution from sunlight reflecting from the constellations.

The Federal Communications Commission, which regulates satellite communications to the ground, approved Amazon’s network in 2020 and gave the company a deadline to launch half of its 3,236 satellites by mid-2026. Amazon bought nine launches from the rocket company United Launch Alliance in a deal likely worth hundreds of millions of dollars.

But Amazon has been talking to other launch companies, Mr. Badyal said, including its competitor, SpaceX, whose rapid Starlink deployment is partially because of its ability to use its own reusable rocket boosters for launches.

The first two prototype satellites, KuiperSat-1 and KuiperSat- 2, will launch separately on rockets from ABL Space Systems, one of a handful of start-ups building smaller launch vehicles to sate demand from satellite companies. The market for smaller rockets, designed to deliver payloads to space quickly and affordably, is packed with competitors, making ABL’s Amazon contract — good for up to five launches on ABL’s RS1 rocket from Cape Canaveral, Fla. — a boost for the company.
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The pair of Amazon prototype satellites will test internet connections between space and the company’s flat, square antennas for consumers on the ground for the first time in Amazon’s Kuiper program. Regions for the test include parts of South America, the Asia-Pacific region and Central Texas. Past experiments involved flying drones with satellite hardware over antennas on the ground and connecting ground antennas to other companies’ satellites already in space, drawing internet speeds fast enough to stream high-definition video.
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    Author

    Rick Richardson, CPA, CITP, CGMA

    Rick is the editor of the weekly newsletter, Technology This Week. You can subscribe to it by visiting the website.

    Rick is also the Managing Partner of Richardson Media & Technologies, LLC. Prior to forming his current company, he had a 28-year career in technology with Ernst & Young, the last twelve years of which he served as National Director of Technology.

    Mr. Richardson has been named to the "Technology 100"- the annual honors list of the 100 key achievers in technology in America. He has also been honored by the American Institute of CPAs with two Lifetime Achievement awards and a Special Career Recognition Award for his contributions to the profession in the field of technology.

    In 2012, Rick was inducted into the Accounting Hall of Fame by CPA Practice Advisor Magazine. He has also been named to the 100 most influential individuals in the accounting profession in America by Accounting Today magazine.

    In 2017, Rick was inducted as a Marquis Who’s Who Lifetime Achiever, a registry of professionals who have excelled in their fields for many years and achieved greatness in their industry.

    He is a sought after speaker around the world, providing his annual forecast of future technology trends to thousands of business executives, professionals, community leaders, educators and students.

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