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Charles Lim - Analyst Profile

Senior Industry Analyst
Frost & Sullivan
Information & Communication Technologies

Summary

Charles currently works at Frost and Sullivan, a world leader in growth consulting and the integrated areas of technology research, market research, mega trends, economic research, best practices, training, customer research, competitive intelligence, and corporate strategy, focusing on networking and security research and consulting.


Areas of expertise
CORPORATE STRATEGY
CORPORATE DEVELOPMENT
MARKETING
MARKET RESEARCH
COMPETITIVE INTELLIGENCE


Recent items from Charles Lim

Working on research reports covering the cybersecurity industry has a perk - to learn about new technologies that combat new attack vectors. With the proliferation of cybersecurity startups, my team attends to at least a new solution briefing every week, and in every session, we hear of innovative, new ways to combat cyberattacks. However, the re...
29 Sep 2017 Blog post
July 2017 Edition: India and Australia
In June 2016, the Reserve Bank of India (RBI) released an advisory for the Cyber Security Framework in Banks. The framework poses a potential challenge to Indian banks to adhere to, hence seeking professional help will be expected. As such, business opportunities arise for the cyber security industry, especially for the Professional Security Services (PSS) and consulting firms. These provide advisory services to banks so that they adhere to the key requirements set out by the RBI in this framework. In February 2017, the Privacy Amendment Act 2017 was passed by the Australian government. Under the amended Privacy Act, eligible data breaches faced by an entity should be reported to the commissioner, and affected individuals must be notified unless remedial actions are taken. Growth opportunities for the cyber security consulting, law and cyber insurance sectors will be expected before the official commencement of the amendments, expected to be 22 February 2018.
Published: Sep 14 2017 Other
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The Industrial Control Systems (ICS) security market in Australia and New Zealand is expected to grow steadily as awareness and concerns towards cyber threats targeting industrial sectors increase. The Australia and New Zealand ICS market is estimated to grow from $52.9 million in 2015 to $280.2 million by 2020, at a compound annual growth rate of 39.6%. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in Australia and New Zealand? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The Asia-Pacific Industrial Control Systems (ICS) Security market with estimated revenue of $380.4 million will reach $1.63 billion by 2020 at a cumulative annual growth rate of 47.2%. In a research service conducted to find exposed ICS devices currently connected in Asia-Pacific, there were 6,797 devices detected based on ICS networking protocols, and 83,929 devices detected based on ICS-related brands as of November 2016. ICS security solutions have made significant improvements to meet the needs of being less intrusive and easier to set up. They can be used both by IT professionals with minimum experience dealing with OT devices, as well as by feature engineers and plant managers without strong IT backgrounds. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in Asia-Pacific? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The ASEAN Industrial Control System (ICS) security market is expected to be the fastest growing region in Asia-Pacific with its increasing awareness towards ICS security.The ICS security market is estimated to grow from $33.7 million in 2015 to $196.0 million by 2020, at a compound annual growth rate of 42.2%. • How is the existing threat landscape for Industrial Control Systems (ICS) in ASEAN? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The Industrial Control Systems (ICS) security market is expected to experience a high compound annual growth rate of 52.5% for the next 5 years. The Greater China ICS security market is estimated to grow from $50.1 million in 2015 to $412.3 million by 2020. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in the Greater China region? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The Japanese Industrial Control Systems (ICS) Security market is expected to witness a phenomenal compound annual growth rate of 55.9% during 2015 to 2020. This is one of the largest growth rates among the Asia-Pacific regions. The ICS security market is estimated to grow from $46.5 million in 2015 to $428.1 million by 2020. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in Japan? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The Indian Industrial Control Systems (ICS) security market is expected to grow at a compound annual growth rate of 41.2% due to the rising awareness towards ICS security. The ICS security market is estimated to grow from $41.0 million in 2015 to $230.6 million by 2020. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in India? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Growth Opportunities to Secure the Digital Transformation Journey of Critical Infrastructures
The South Korean Industrial Control Systems (ICS) security market is expected to accelerate with increased hacking incidents towards ICS devices. The ICS security market is expected to grow from $11.0 million in 2015 to $80.5 million by 2020 at a compound annual growth rate of 48.8%. Key Questions This Study Will Answer • How is the existing threat landscape for Industrial Control Systems (ICS) in South Korea? • What are the drivers and restraints towards adopting ICS security? • What are the trends in the ICS security market? • What are the value propositions of ICS security solutions? • What are the growth opportunities and calls to action in this market? • Is the ICS security solutions market growing? How long will it continue to grow, and at what rate?
Published: Mar 27 2017 Market Research
Cyber Security Practice, Asia Pacific
BEC generally happens when email accounts of key executives are compromised and involves payments made to fraudulent bank accounts.
Published: Mar 07 2017 Market Insights
As we move from the Internet of Things (IoT) through cloud computing, quantum computing, big data, NFC payment, brain-computer interfaces to the Internet of Everything (things, people, processes, and data), the network security spectrum is poised to become more challenging. Given the evolving and highly-dispersed threat landscape, the convergence of solutions and integration of services play a significant role in end users’ choice of network security services. Vendors, delivering solutions based on the interconnection and coordination between network and endpoint security, view this trend as highly attractive.
Published: Sep 01 2016 Market Insights

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