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For any business, simply being in a position to target and enter a new market is already a win. As everything gets more digitized, however, it is imperative for any new foray to be founded on a good understanding of the risks involved so that the business can proactively prepare for them. And in this day and age, cybersecurity risks are always front and center of any discussion for businesses venturing into new markets.

In their book, "Leading Digital: Turning Technology into Business Transformation," George Westerman and Didier Bonnet show that companies that leverage digital technology generate revenues 10% higher than the industry average. Those companies are also more profitable by 26% and improve operational efficiency by 79%.

As the pace of cyber attacks on Internet of Things (IoT) and industrial systems continues to rise, there is a critical need for stronger security on IoT and industrial devices. For the past 15 years, Trusted Platform Module (TPM) technology has been used broadly by major chip vendors such as Intel, AMD, Infineon and others to prove the identity of a computer or financial transaction device.

According to IDC, global public cloud spending is expected to exceed $203 billion by 2020. As enterprises make the transition to digital, they perceive the cloud as an enabler of modernization and provider of competitive advantages such as cost savings, scalability, and agility.

Today, Mocana ™ announced the launch of Mocana TrustCenter™, a new services platform that provides a system of cybersecurity to manage security across the lifecycle of IoT and industrial control devices. This is the first end-to-end platform for the management of cybersecurity across the IoT device security lifecycle for development, manufacturing, device onboarding, management and update. Mocana TrustCenter is a services platform that is hosted on a private cloud or public cloud IaaS. It includes an administrative dashboard, enrollment server and update server and interoperates with any hierarchical database.