A new report published by Research & Markets states that the global NFC transaction market will grow at a CAGR of 55.23% during 2016-2020. The report also names host card emulation (HCE) as one of the “latest trends” leading to market growth.
The role of FPGA acceleration in the data center and beyond
The International Conference on Field-Programmable Logic and Applications recently convened in Lausanne, Switzerland. As Christoforos Kachris, a senior researcher at the National Technical University of Athens notes, exploring the role of FPGAs in the data center took center stage at the conference.
“Christoph Hagleitne presented IBM’s view of the major applications where FPGAs can provide differentiation such as cognitive computing, high performance computing and the Internet of Things (IoT),” Kachris wrote in a recent EE Times article.
Rambus Announces New Chief Financial Officer
Rahul Mathur brings over 20 years of financial experience to management team
SUNNYVALE, Calif. – September 19, 2016 – Rambus Inc. (NASDAQ:RMBS) today announced that Mr. Rahul Mathur has accepted the position of senior vice president and chief financial officer. Mr. Mathur will be responsible for the overall financial direction of the company and will report to president and chief executive officer Dr. Ron Black.
Prior to joining Rambus, Mr. Mathur served as senior vice president of finance at Cypress Semiconductor where he was responsible for financial planning and investor relations for the $2.1B provider of embedded memory, microcontroller, and analog semiconductor system solutions. Prior to that, Rahul served as vice president of finance at Spansion (later acquired by Cypress). Rahul has previously worked at numerous technology companies such as NetSuite and KLA-Tencor, and started his career as a consultant with Arthur Andersen.
“Rahul brings to Rambus extensive experience of managing assets and highlighting market relevance which will help the public markets better understand and appreciate the value we bring to our customers and target areas,” said Dr. Black. “As we focus on the data center and mobile edge markets, we believe we are on the cusp of great opportunity and Rahul is right person to help us achieve our revenue and growth goals.”
Mr. Mathur holds a Bachelor of Arts in applied mathematics from Dartmouth College and an MBA from the Wharton School of Business at the University of Pennsylvania.
About Rambus Inc.
Rambus creates innovative hardware and software technologies, driving advancements from the data center to the mobile edge. Our chips, customizable IP cores, architecture licenses, tools, services, software, training and innovations improve the competitive advantage of our customers. We collaborate with the industry, partnering with leading ASIC and SoC designers, foundries, IP developers, EDA companies and validation labs. Our products are integrated into tens of billions of devices and systems, powering and securing diverse applications, including Big Data, Internet of Things (IoT), mobile, consumer and media platforms. At Rambus, we are makers of better. For more information, visit rambus.com.
UK consumers eye a frictionless commerce future
A new Worldpay survey of UK consumers confirms that half of those polled have used a contactless method to pay for goods at least once, with 40% of respondents opting for contactless payments a few times a week. According to Ben Lobel of SmallBusiness, the survey also found that the advent of Apple Pay and Android Pay has prompted two thirds (67%) of 16-34 year olds to pay with their smartphones instead of cash or plastic. Perhaps not surprisingly, 54% of UK consumers expect their smartphones to replace cards as the primary method of payment within the next five years, while one third believe cash will become obsolete by 2020.
Millennials heart mobile payments
A recent Square survey cited by Business Insider found that 45% of millennial respondents (18-34) have made an NFC payment. According to Business Insider, the poll is a “good indicator” of where mobile payment adoption is headed, with the publication forecasting a compound annual growth rate (CAGR) of 80% through 2020 to reach $503 billion.
Security is “often overlooked” for the IoT
The Online Trust Alliance (OTA) has determined that the overwhelming majority of publicly reported Internet of Things (IoT) vulnerabilities publicly disclosed over the last year could have been easily avoided.
