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CFO Tech Outlook | Tuesday, August 25, 2020
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mimik Inc. and Flybits have entered into a strategic partnership to provide its customers with the next generation of personalization by using edge computing and confidential computing.
FREMONT, CA: mimik Inc., is a groundbreaking Hybrid Edge Cloud company, and Flybits is a leading experience design platform provider for the financial sector. Recently, the companies announced their strategic collaboration. Flybits will utilize and improve mimik's Hybrid Edge Cloud platform to provide its customers with the next generation of personalization by using edge computing and confidential computing.
Hybrid Edge Cloud platform of mimik expands the cloud to the edge by allowing any computing device to act as cloud servers. Flybits helps financial institutions improve their digital channels, which includes mobile apps. It can be used to enhance apps beyond transactions and provide a human-touch experience with the help of real-time personalized guidance and recommendations on both fundamental and augmented products and services.
According to the President and CEO, mimic, Fay Arjomandi "This partnership reflects the growing need across all industries looking to take advantage of the benefits of Hybrid Edge Cloud technology which can significantly improve the performance and efficiencies of the applications and provide better control over data privacy and data management. We are thrilled to partner with Flybits and have our Hybrid Edge Cloud solutions made available to its global customers and partners."
mimik's platform offers a flexible application operating system while decreasing the expense of operations, application delivery time, and providing better data privacy to the user. Today, mimik's edgeEngine is available for iOS, Android, Linux, Windows, macOS, Raspbian, QNX, OpenWRT, and FreeRTOS. It has also been used for various applications deployed on edge devices like smartphones, tablets, PCs, smart TVs, WiFi routers, NAS appliances, and IoT devices.
The partnership will increase opportunities for banks to become central trust hubs for data in their communities, allowing them to provide more than just one-way transactional services. Banks can also collaborate with other organizations such as utility and energy companies, supermarkets, loyalty program providers, hospitals, academic institutions, and telecommunication carriers. This new system will encourage the banks to be custodians of their customers' data while cooperating with the companies to develop more value for the consumers and ensure their data is secured.
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