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Research Outline
Prepared for Sasha P. | Delivered October 2, 2020
Global Market Size Time as a Service, TaaS
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Goals
To understand the regulation-compliant time as a service market in the finance sector, including market size, growth, who/what is driving the growth, in order to inform strategy for our brand.
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Early Findings
The global market size for a time as a service (TaaS) is currently not available in the public domain because is an emerging paradigm.
Traceable Time as a Service (TTaaS)
provides time synchronization equivalent to microseconds, produces fully traceable timing records, and automates monitoring and maintenance.
The emerging services of time as a service TaaS is focusing on
regulatory compliance by optimizing financial
appliances, immediately detecting any time failures, and preparing for audits.
The time as a service market is driven by an increasing need for
resilience and improved accuracy
, as well as by regulation.
After extensive research,
Hoptroff
was recognized as a global provider of time as a service - TaaS.
Hoptroff
is a private company that offers timing technology services with an estimated annual revenue of
$8 million.
Hoptroff
provides time to any data center, measures, monitors, and logs the timing of automated events for financial services.
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