Connect with us

Tech News

Are VPN Apps Worth the Money?

Newsroom

Published

on

VPNs are a big part of the internet these days. Virtually every IT expert in the world recommends that you always use one, and that’s because they’re essential to having a safe and secure experience when getting online. When you buy reliable VPN access, it can provide that security on any device that connects, and you have plenty of options when it comes to VPN providers. That leads to a pretty obvious question. Is the VPN worth the money? To answer that, we can compare the cost of the VPN to the cost of not using it. We’ll also look at a few VPN features that can impact their overall value.

The Cost of VPN

If we’re going to seriously answer the question, it starts by looking at some basic costs. There are a lot of VPN apps out there, and each one has its own pricing and offers. While we can’t fit everything into a neat little box, most VPN services will fall into a competitive range of features and pricing. We’ll look at pricing in two categories: free services and subscription services. We can make some pretty easy comparisons to help you see how much a VPN app will cost you.

Free

There are VPNs that are completely free to use. The Opera browser has it built right into the software, and plenty of others work as VPN apps that are quite effective in creating a secure tunnel for your internet traffic. Even though these VPNs have no financial cost to use, we can attribute some amount of cost to their use. Most of those come in terms of performance.

Free VPNs tend to be slower than paid subscription services. If your internet speeds have a lot of value to you (especially if your work is online), then VPN speeds could have a real fiscal cost associated with their use.

Aside from speeds, a few other performance issues can impact free VPNs. For the most part, they offer less in terms of automated connectivity. If you get disconnected from your free VPN, it might not halt your internet traffic until the tunnel can be reconnected. That means you might be using the internet without protection, and in those cases, the cost of a free VPN is quite similar to the cost of not using a VPN, which we will discuss in a bit.

Subscription

When you use a paid VPN service, the cost is easy. You’re paying out of pocket for security. Most consumer-grade VPNs are going to charge a monthly fee, and that monthly fee is not very high. It’s usually in the ballpark of dollars per month (not even tens of dollars). Many subscription services will cut you a deal and lower the monthly cost if you commit to a longer time frame. It’s a common tactic, and it can save you a lot of money.

To make this simple, the cost of subscribing to a VPN (that hopefully won’t let you accidentally connect unsecured) is the price they charge, and it will usually be between $1 and $10 a month.

Cost of Ignoring VPNs

We talked about the cost of using VPNs. Now we have to consider the financial fallout that can come from unsecured internet activity. If you use the internet enough (without protection), you will eventually run into at least one of the problems. Every time you do, it costs money. When you consider just how big the long-term costs can be, it helps put VPN pricing into perspective.

Stolen Data

This is a big concern for everyone, but it’s especially scary for businesses. If you operate a business without a secure tunnel, the risk that data you use can be stolen goes up considerably. Data breaches are one of the biggest killers of businesses. The cost of having data stolen because there is no VPN can easily get into the millions of dollars. For large businesses that handle data for millions of customers, the cost can even get into the billions.

Even if you aren’t running a business, having personal data stolen is not good. That can include financial information, passwords and other secure info. Anyone who has had their identity stolen can inform you that it is neither cheap nor painless to resolve. While a VPN can’t offer you perfect protection from all threats, it dramatically reduces your risk of having vital data stolen. That means using a VPN can easily save you thousands of dollars in the long run.

Activity Tracking

Even when people aren’t stealing your credit card information or Social Security number, VPNs are protecting you. Having your online activity tracked can still be a costly concession. This is especially true if you have ever done something that breaks the rules on the internet.

No one here is condoning or promoting illegal activity, but it’s surprisingly easy to unwittingly violate copyrights or terms of service. Do all of the videos you view properly attribute all of their credits? Have you streamed music? Were the artists properly compensated? It’s impossible to know, but most internet users violate terms of service at some p[oint without even realizing it. Doing so makes you fiscally liable, and companies do go after violators on a regular basis.

Your VPN masks all of this, so when you accidentally break a rule, no one can track it back to you. It protects you from liability lawsuits that could be enough to ruin you.

Performance

We talked about how a free VPN can impact internet performance and cost you money. No VPN can have an even bigger impact. When you consider bombardments of ads, adware, tracking software, crypto mining and a myriad of other ways online connections can mess with your devices, VPNs are giving you a massive upgrade in overall internet performance. By preventing the vast majority of these abuses, your time online is more efficient.

Even if you don’t make your living online, you’re paying for access to the internet. If that payment includes a bunch of obtrusive ads or other disruptions, then you’re losing money. The protection provided by your VPN makes your internet service spending more cost-effective.

Malicious Software

This is one of the biggest reasons to have a VPN. While it isn’t an antivirus package (although plenty of providers bundle services), your VPN makes it much harder for people to reach you with malicious software. It protects you from keyloggers, ransomware and other cases that render your device unusable or otherwise unsafe.

If you have ever had to deal with these problems, you know that resolving them isn’t always cheap. Keyloggers can be used to steal things from you. Ransomware can take away all of your data, and replacing it is never free. Even removing viruses typically costs money, and all of this is money that could be saved by using a VPN.

The Value of a VPN

While we’ve covered the cost of ignoring a VPN, there’s another side to this coin. VPNs come with a bunch of services, and those can add direct value to what you’re getting. Let’s review some of the most valuable services to complete this picture.

Geoblocking

Many content providers block their content by region. Netflix is the most notorious example. The content you can access in the United States is very different from what you’ll see in Europe or Asia. Geoblocking is very common, but a good VPN can get you through geoblocking and unlock the entire internet to you. This adds a lot of value to any content subscriptions you might have. How much more is your Netflix worth when you can see all of their stuff instead of just some of it? Multiply that concept by the entire internet, and you can see how your VPN is adding value in big ways.

Device Limits

Each service will set its own device limits, but as long as that limit is more than one, you’re essentially getting a bundled deal. You’re getting the benefits of your VPN on every device that uses it, so high device limits are adding multiplicative value to your VPN subscription. That’s something to consider when you shop around. The more devices you can use with one subscription, the more value you can get out of it.

Multiple Connections

One of the most interesting VPN features is multiple connections. Each provider has a clever name for the service, but the idea is interesting. You can connect to multiple countries at the same time. This gives you access to more internet content while simultaneously improving your anonymity. It takes the value of using a VPN to a whole new level.

Let’s revisit the original question. Is a VPN app worth the money? Only you can answer that, but when you consider everything you just learned, the answer isn’t too tough. When you consider that there are a ton of features and benefits that are just too numerous to include here, the answer becomes even easier. You can get a VPN for a very low cost, and it’s easy to make it worth the investment. It’s really up to you.

Tech News

Climate tech investment grows at five times the venture capital market rate over seven years

Newsroom

Published

on

VC and corporate investment in startups developing technology enabled solutions to climate change, and the transformation to net zero emissions, grew at a faster rate than VC investment as a whole between 2013 – 2019. In that time, US$60 billion of early stage capital was invested globally into startups contributing to tackling the net zero challenge. 

As Climate Week in New York focuses attention on transforming business and economies to net zero emissions, the new research by PwC examines the global startup ecosystem critical to commercialising the innovation needed to make a net zero future a reality. The first-of-its-kind analysis defines the climate tech investment landscape, and examines global early-stage climate tech deals, volumes, trends, sectors and investors. Climate tech is defined as a broad umbrella of solutions to reduce greenhouse gas (GHG) emissions across energy, transport, the built environment, industrial processes, and food and land use; in addition to shifts towards less resource-incentive business models, or carbon removal technologies. 

While climate tech is a nascent sector overall in the VC market (approx 6% of total capital invested in 2019), climate tech VC investment increased from US$418 million per annum in 2013 to US$16.3 billion in 2019. That is approximately three times the growth rate of VC investment into Artificial Intelligence (AI) over the same period. 

Key factors influencing investment include capital efficiency to prove and scale solutions; and the potential for the solutions to provide cost effective carbon reduction or removal. 

Nearly half of all venture dollars ($60bn) went to US and Canadian climate tech startups (US$29 billion); China is second at US$20 billion. The European market attracted US$7 billion. Mobility and Transport solutions dominate US and China investment. 

“The analysis shows the urgency of the opportunity, and gap to close, to support and scale  innovative technologies and business models to address the climate crisis,” comments Celine Herweijer, global leader, Innovation & Sustainability, PwC UK. “Climate tech is a new frontier in venture investing for the 2020s.”

“Some of the technologies and solutions critical to enabling this transformation are proven and need rapid commercialisation, which is why venture capital is key. It will not need trillions invested in startups to make a difference. But for the trickier technologies and markets it will need targeted support, including from governments, to make it through research and development, and the early stages beyond which capital increasingly is lining up.”

Drivers for growth

Climate tech related to mobility & transport, heavy industry, and GHG capture and storage are the fastest growing segments in the analysis, followed by food, agriculture, land use, built environment, energy, and climate and Earth data generation. 

Investment in micro-mobility such as e-scooter and bike platforms and wider transport innovation has grown dramatically, recording a compound annual growth rate (CAGR) of 151%, and representing 63% (US$37.4 billion) of all climate tech funding over the past seven years. The scale of transport innovation has also driven bigger deals.

“The climate tech market is maturing. As a society we are seeing more entrepreneurs launch startups, more investors back them, and an increasing number of larger funding rounds for later-stage high-potential deals.”, said Azeem Azhar, Senior Advisor to PwC UK, founder of Exponential View, and co-author of the report. “But PwC’s analysis shows the ecosystem is still nascent, with key gaps in the depth and nature of funding available to founders and tricky structural hurdles for them to navigate as they scale their businesses.”

Investors 

Climate tech venture funding is coming from every corner of the market.  Investors range from more traditional VC firms and venture funds specialising in sustainability, to corporate investors including energy majors, global consumer goods companies and big tech, government backed investment firms, and private equity players getting exposure to deals earlier.  

The strategic role of corporate venture capital (CVC) in particular, is key to many climate tech startups. Particularly those typified by high capital costs, targeted at disrupting asset-heavy incumbent industries with high barriers to entry, such as in energy, heavy industry and transport. For Mobility & Transport, 30% of the climate tech deals include a CVC firm, and in Energy, 32% of capital deployed came from CVCs. Overall, nearly a quarter of climate tech deals (24%) included a corporate investor.

“The involvement of corporates will be key to the continued success of climate tech – both in terms of their net zero commitments driving demand for new solutions, and their investments into commercialising innovation. It’s not just the financial means they bring, but the commercial know-how, and industry knowledge to help startups navigate how to rapidly deploy and scale new innovations into the market,” comments Celine Herweijer. 

Investment Hubs

Analysis of the top investment centres in Europe, Asia and the Americas shows climate tech startup investment in the San Francisco Bay area (US$11.7 billion) is 56% higher than its nearest rival, Shanghai (US$7.5 billion). Compared with the other regions, Europe is more invested in energy, particularly developing the core technologies for renewable energy generation (predominantly photovoltaics (PV) cells) and energy storage (batteries), demonstrating the potential for regional specialist capabilities to develop in a second wave of development of the climate tech sector, following mobility and transport.

Outside of mobility and the dominant US and China markets, Berlin, London, Labege (France) and Bengaluru, India were amongst the top ten cities for climate tech startup investment, attracting US$1.3 billion mainly across energy, agriculture and food and land use. 

The COVID-19 pandemic  reinforces climate tech need and opportunity 

In the short term, while COVID-19 is likely to have caused a lull in VC market activity during 2020, long term investment and potential in the market appears resilient. Over the past year, close to 300 global companies have commited to achieve net zero emissions before 2050. Many of these commitments include substantial pledges to fund innovation.

“Every commitment represents a demand signal—a new customer—in the market for a solution that helps them achieve net zero,” comments Celine Herweijer. “More broadly the increased profile of Environmental, Social, and Corporate Governance (ESG), increasing government commitments to a ‘green recovery’, and continued rising consumer pressure to respond to the climate crisis is cementing demand for climate tech.”

“Despite significant and promising levels of growth, with just ten years to reduce by half global greenhouse gas emissions to limit global warming to 1.5C, climate tech needs a rapid injection of capital, talent and public-private support to match its potential to build and accelerate faster, bolder innovation,” adds Celine Herweijer. 

Continue Reading

Tech News

Deloitte and Wichita State University Join Forces to Launch New Smart Factory

Newsroom

Published

on

Deloitte and Wichita State University today announced the launch of The Smart Factory @ Wichita, a groundbreaking and immersive experiential learning environment that will accelerate the future of manufacturing as innovation and new technologies continue to reshape operations and the modern enterprise.

Deloitte and Wichita State are constructing the brand-new facility on Wichita State’s Innovation Campus, which will include a full-scale production line, dedicated space for select ecosystem sponsors and experiential labs exploring smart factory capabilities. A smart factory is a highly digitized and connected production facility that uses technologies such as artificial intelligence, Internet of Things and robotics to manufacture products. Working alongside humans, smart factories can self-adapt and autonomously optimize manufacturing operations. The Smart Factory @ Wichita will make digital transformations real by demonstrating how to merge existing technologies with new innovations, sparking a dialogue about how companies can accelerate their journey towards scalable and sustainable capabilities.

“Smart factory solutions are becoming even more important as companies re-evaluate the resiliency and agility of their supply chains, which can determine an organization’s success in the marketplace and the success of entire ecosystems,” said Nishita Henry, chief innovation officer at Deloitte Consulting LLP. “Together with Wichita State, Deloitte will create a unique experience that captures the innovation, value proposition and disruptive technological capabilities of the smart factory.”

“Wichita is a cutting-edge hub for precision manufacturing and technology. By collaborating with Deloitte, we will be able to bring together the organization’s experience with our educational, research and innovation capabilities,” said Jay Golden, president of Wichita State University. “The Smart Factory @ Wichita is the future, offering endless technological capabilities for organizations, as we believe it’s critical to provide a hands-on learning experience for our business and academic communities.”

The Smart Factory @ Wichita will be a net-zero impact smart building on a smart grid featuring 60,000 square feet of sustainable space. The end-to-end smart production line will demonstrate the art of the possible through advanced manufacturing methods and technologies and will also manufacture STEM education interactive kits that will be donated to local organizations in support of Deloitte’s advancement of STEM education initiatives.

The facility is expected to open to clients, industry partners and students next year. It is the evolution of Deloitte’s existing experience at Wichita State, which features more than 40 robots, robotic programs and cyber applications, 26 AR/VR assets and high-end data visualizations, 10 types of 3D printers, nine reverse engineering machine types, 21 professional engineering software programs and more. It offers a compelling experience in which the digital, physical, and experimental come together—for educators, collaborators, and clients—providing the opportunity to see how Industry 4.0 can make an impact and spur innovation and smart factory capabilities.

The smart factory advantage
Smart factory technologies can dramatically improve business performance. In a recent Deloitte study, 86% of manufacturers surveyed believe that the smart factory will be the main driver of manufacturing competitiveness in five years. The study also showed that early adopters of smart factory initiatives are observing double-digit improvements across labor productivity, factory capacity utilization and total production output.

A smart factory can also address sustainability. Advancing technologies can streamline operations to promote sustainable practices, ultimately reducing environmental impact.

About Wichita State University
Wichita State University serves as the Kansas urban-based research university, enrolling more than 20,000 students from every state in the U.S. and more than 100 countries. Wichita State and WSU Tech are recognized for being student centered and innovation driven.

Located in the largest city in the state with one of the highest concentrations in the United States of jobs involving science, technology, engineering and math (STEM), Wichita State University provides uniquely distinctive and innovative pathways of applied learning, applied research and career opportunities for all of our students.

The Innovation Campus, which is a physical extension of the Wichita State University main campus, is one of the nation’s largest and fastest growing research/innovation parks, encompassing over 120 acres and home to a number of global companies and organizations.

Continue Reading

Tech News

Ultimate Guide To Increased Instagram Popularity In 2020

Newsroom

Published

on

What made you popular in 2019 might not apply in 2020. With lockdowns and quarantines due to COVID-19, people are spending more time on Instagram than ever before. Competition for those users’ attention is higher than ever and brands need to get creative with their strategies and tactics to stay relevant and popular on the platform.

So here’s the ultimate guide to increasing Instagram popularity in 2020.

Work Smarter Not Harder:

Posting At The Right Time And In The Right Way:

Studies suggest that posting once or twice per day is optimal. Further research suggests that optimal times to post are between 11am-1pm and 7-9pm. Instagram’s algorithmic timeline setting makes this not only optimal, but essential. Every business is different, however, and you can tailor your posting times according to your followers habits. You can learn about your followers most active times on the Instagram Insights feature.

Consistency Is King:

Building a strong brand that connects, creates clarity, expresses creativity and is consistent is the way to build brand awareness. The key is to engage, be consistent, know your audience and your niche. Creating a plan and brand guide could be your secret weapon in unlocking your brand’s unique and original voice.

Make A Difference With Hashtags:

Selecting the best hashtags for your Instagram posts can mean the difference between appearing as a top post or sinking to the bottom of the feed without a trace. According to Hubspot, the average post contains 10.7 hashtags.

Purchase Followers

If you really need a helping hand to get started, buying Instagram followers is a quick and easy way to do it and is way more common than you would think. Of course, it’s important to only do this with legit services like iDigic or you could end up with a bunch of bots that disappear from your follower list after a few days.

Content, Content, Content:

Inspire With Content:

Focusing on visual inspiration is key for 2020. No one wants to be preached to on Instagram, so tailor your content to tell your businesses story creatively across your captions, Stories, videos, photos and profile bio. The core message is that, rather than selling, you should be aiming to connect. Sharing user generated content (UGC) can be a great way to save time, money and connect with customers. Keep captions short, snappy and clear.

Visually Please With Aesthetics:

A visually consistent feed helps by not only making you look professional, but by helping users distinguish your posts from others immediately. Instagram began as a platform to share beautiful images and that has never changed. So, a visually striking and consistent feed can help you stand out from the competition and earn more likes and follows. WebDam reports that,  of the best performing brands on the platform, 60% maintain a consistent look and feel.

Use UGC As A Performance Enhancer:

User generated content is a marketer’s secret sauce. It earns high engagement rates and takes little to no effort to produce. Not only is it created and approved by your audience, but it helps to foster a sense of community around your brand.

Monitoring, Testing, Adapting:

What is Instagram Insights And How To Use It:

For business pages you can take advantage of the Instagram Insights tab. This can show you the performance of  content you have posted (posts, Stories, promotions etc.).  Critically, you’ll learn what worked and what flopped. What’s more you can review your reach, impressions and interactions over a given time period to bolster your analysis on what works and what doesn’t. Insights also offers key insights into audience demographics including location, age range and gender.

What To Test And How To Test It:

No plan survives first contact with the enemy and no two brands are the same. Therefore testing your tactics is the best way to understand if you are getting the most out of your Instagram presence. Examples of metrics you can test to optimize your performance include:

  • Posting Times: What times are your customers online and what location are they in? Try mixing it up with the day and time you post and let Insights tell you what works best.
  • Posting Type: Some brands find that Stories earn them higher engagement rates. Some brands find that traditional posts are more effective. You won’t know what’s best for you until you try out both.

Applying Lessons Learned From Analysis:

None of these insights mean anything unless you learn from them and incorporate them into your strategy. Make it a point to do a weekly deep dive into your Insights tab to see what’s stopping you from sitting at the cool kids table on Instagram.

By paying attention to your content, audience behaviour and Instagram Insights, you’ll quickly learn what’s increasing your popularity and what’s holding you back. What will you do to increase your Instagram popularity in 2020?

Continue Reading

Publications

Latest

South Asia2 hours ago

How China Continues To Undermine India’s interests In The Brahmaputra

Geopolitics in India China relations is not only limited to land disputes or competition in the oceans but also river...

Europe4 hours ago

The 17+1 Framework between China and Europe

In March 2019, Chinese Prime Minister Li Keqiang made a long trip to Eastern Europe.   The reference for that...

New Social Compact6 hours ago

Social Innovators of the Year – meet the first responders to the COVID-19 crisis

The Schwab Foundation for Social Entrepreneurship today announced 23 awardees for social innovation in 2020. From building hospitals in rural...

Tech News8 hours ago

Climate tech investment grows at five times the venture capital market rate over seven years

VC and corporate investment in startups developing technology enabled solutions to climate change, and the transformation to net zero emissions,...

EU Politics10 hours ago

A fresh start on migration: Striking a new balance between responsibility and solidarity

European Commission is proposing a new Pact on Migration and Asylum, covering all of the different elements needed for a...

Newsdesk12 hours ago

Survey Reveals Extent of the Fallout from the Pandemic on MSMEs in Nepal

The COVID-19 pandemic has spurred more Nepali businesses to start using internet, social media or digital platforms to seize business...

Newsdesk14 hours ago

Ghana to Provide 550,000 People with Improved Water and Sanitation Services

The World Bank Board of Executive Directors today approved $125 million from the International Development Association for the Greater Accra...

Trending