DiGiSPICE: Industry Monitoring 11 January 2019
- Priyanka Kanodia
- Jan 11, 2019
- 7 min read
DiGiSPICE
Competitors
Ericsson books charge as it rethinks Digital Services strategy
Publication- ET Telecom
Edition- Online
Date- 11 January, 2019
Sweden's Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit (BSS), as it seeks to protect its profitability targets. The mobile telecom equipment maker said it would now implement a fresh strategy for BSS, which is part of its Digital Services business and provides real-time charging and billing products.
A previous plan to scale up BSS with a new platform to help customers needing to upgrade big IT systems had not generated any revenue. "The anticipated customer demand... has not materialised," Ericsson said in a statement. "In addition, certain complex transformation projects experienced delays and cost overruns."
Shares in Ericsson, which counts Finland's Nokia and China's Huawei as its main rivals, fell 4.1 percent by 1117 GMT as the company also said it foresaw further restructuring charges related to the planned measures, including related headcount reductions, of 1.5 billion crowns in 2019.
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With $5.7 billion valuation, Ola displaces Oyo as No.2 startup
Publication- Livemint
Edition- Online
Date- 11 January, 2019
Ola, run by ANI Technologies Pvt. Ltd, has regained its No.2 ranking in the pecking order of India’s most valuable startups, after securing $74 million in fresh funding from existing investor Steadview Capital in its latest funding round, which valued India’s leading cab-hailing service at roughly $5.7 billion. Ola, which has been in talks to raise at least $1 billion over the past year, moved ahead of budget hotel chain Oyo Rooms (Oravel Stays Pvt. Ltd) in terms of valuation and is now only behind digital payments service firm Paytm (One97 Communications Pvt. Ltd).
Last year, Ola had briefly conceded its second position to Oyo Rooms, which was valued at nearly $5 billion after it raised close to $800 million from SoftBank Group Corp. and other investors. Flipkart was the most-valuable Indian startup for the longest time, before it got acquired by Walmart last year.
The latest funding infusion is part of $1 billion that Ola is currently in the process of raising. Last January, Ola had raised $1.1 billion in fresh capital at a valuation of $3.5-4 billion from China’s Tencent Holdings Ltd and existing investor SoftBank and said that it was in talks to raise an additional $1 billion.
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Ericsson plans job cut, $687 mn charges due to failed BSS strategy
Publication- Telecom Lead
Edition- Online
Date- 11 January, 2019
BSS unit of Ericsson, the third largest telecom equipment maker, provides real-time charging and billing products. Ericsson’s BSS strategy was to focus on large transformation projects based on pre-integrated BSS solutions. The investment and the development of a next generation BSS platform called the full-stack Revenue Manager has not generated any revenues for Ericsson’s BSS unit.
The telecom equipment maker faced delays in the BSS product and feature development that resulted into a less competitive full-stack Revenue Manager. Ericsson’s BSS team made investment in full-stack Revenue Manager, causing further delays in product releases of the established platform.
“The anticipated customer demand has not materialized,” Ericsson said. “Certain complex transformation projects experienced delays and cost overruns.”
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Deutsche Telekom demos data transmission rate of 40Gbps
Publication- Telecom Lead
Edition- Online
Date- 11 January, 2019
Ericsson and Deutsche Telekom achieved four times greater data throughput compared to current commercial millimeter wave solutions to prove the commercial viability of future wireless backhaul technology. Alex Jinsung Choi, SVP Strategy & Technology Innovation, Deutsche Telekom, said: “Fiber is not the only option for backhaul. We have demonstrated fiber-like performance is possible with wireless backhauling/X-Haul solutions.”
The test focused on the stringent latency requirements in 5G network architecture to support low latency use cases. The test achieved less than 100 microseconds round-trip latency performance, confirming wireless backhaul technologies’ contribution to meet the network-specific latency target.
Deutsche Telekom has completed the trial over a hop distance of 1.4 kilometers in the millimeter wave (E-band) spectrum. Deutsche Telekom engineers used Ericsson’s mobile transport technology including Ericsson’s MINI-LINK 6352 microwave solution and Router 6000.
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Industry News
The power of IoT
Publication- The Hindu Business Line
Edition- Online
Date- 11 January, 2019
As advancing technologies integrate deeper into the everyday functions of businesses, companies are faced with a paradigm shift towards a more intelligent and connected world. Amidst the maturing technologies leading Industrial Revolution 4.0 is Internet of Things (IoT), a sustainable ecosystem of connected devices and smart objects that work independently and can be accessed and controlled remotely.
Leveraged optimally, this can help a business accelerate growth with solutions such as real-time monitoring, predictive maintenance, smart spaces, and connected products. It can help them create an environment that is local and global at the same time. By 2020, companies around the world will be spending $310 billion in IoT every year. Some key IoT trends can be expected to gain further traction.
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Trend Micro IoT Security 2.0 Enhances End User Protection and Device Makers’ Reputation
Publication- BW CIO World
Edition- Online
Date- 11 January, 2019
Trend Micro Inc. announced the global launch of Trend Micro IoT Security (TMIS) 2.0 to help manufacturers and managed service providers improve the security of their products and the wider IoT ecosystem, while enabling them to drive competitive differentiation. With most traditional security products, it's not possible for end users to install protection for IoT solutions by themselves, which is where TMIS 2.0 comes in.
"IoT threats are no longer theoretical: endpoints around the globe are being hijacked for data theft, attacked with ransomware and crypto-mining malware, conscripted into DDoS botnets and more," said Akihiko Omikawa, executive VP of Trend Micro. "It's vital that manufacturers step up to raise the bar on security.
By integrating threat monitoring, detection and protection into the device itself, consumers and businesses will enhance their security from the moment they install and switch on TMIS 2.0. That's the kind of value the market is increasingly demanding of IoT device makers."
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Jelurida's Ardor Blockchain Platform offers Java Smart Contracts with Ignis Lightweight Contracts
Publication- BW CIO World
Edition- Online
Date- 11 January, 2019
Jelurida has unleashed the potential for external enterprise systems to efficiently integrate with the blockchain using a streamlined smart contract life cycle management framework. Ignis Lightweight Contracts on the Ardor platform are coded in Java, the most widely used enterprise software language on the planet. These revolutionary smart contracts utilize an elegant two-step deployment process - minimizing the data stored directly in smart contracts, while ensuring maximal data security.
Ignis Lightweight Contracts process input data from a trigger transaction and the result is recorded on the blockchain as an output transaction. This intuitive design means for the first time ever, simply deploying a new version of the code and updating future trigger transactions is enough to upgrade a smart contract.
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China enforces blockchain rules to facilitate 'orderly development
Publication- The Hans India
Edition- Online
Date- 11 January, 2019
Under rules set out on Thursday by Beijing, Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users. The Cyberspace Administration of China (CAC) said that the regulations, which will come into force next month, will “advance the industry’s healthy and orderly development.”
China has cracked down on cryptocurrencies since 2017 when the government banned initial coin offerings and barred local cryptocurrency exchanges from operating domestically. Now blockchain platforms will need to implement real-name registration for users via a national ID or telephone number, censor content and store user data. Companies who will be found violating of the rules could be subject to fines or prosecution, the CAC, which issued draft rules in October, added in a statement.
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Smart Speaker Usage Booming In India, Accenture Study Finds
Publication- Express Computer
Edition- Online
Date- 11 January, 2019
Half of online consumers globally now use digital voice assistants, led by emerging markets such as India with 72 percent adoption. Standalone voice assistants – or smart speakers – are one of the fastest-adopted technologies in India and have a 97 percent satisfaction rate among Indian consumers, according to a new research report from Accenture (NYSE: ACN) based on a global survey of 22,500 consumers across 21 countries, including 1,000 Indian consumers.
“With increasing adoption and satisfaction levels of smart speaker technology in India, we will see digital voice assistants influencing the whole consumer technology and service ecosystem in a way that no other device, including smartphones, has done before. As consumers shift behaviours from smartphones to voice assistants, there’s a clear expectation that smart speakers will take on progressively complex workloads in the future,” said Aditya Chaudhuri, a managing director and lead in Accenture’s Communications, Media & Technology practice in India.
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Signify launches Interact IoT Platform in India
Publication- Tech Nuter
Edition- Online
Date- 11 January, 2019
Signify (formerly known as Philips Lighting) launched its new Internet of Things (IoT) platform, called Interact in New Delhi, which will enable its professional customers to unlock the full potential of connected lighting for the IoT. The platform delivers new insights to help customers drive operational efficiencies and take more effective decisions. It also supports the company’s strategy to deliver new data-enabled services as value expands from lighting products and systems to services.
Signify has already installed 29 million connected light points worldwide and plans for every new LED product it produces to be connectable by 2020. This growing number of connected light points, sensors and devices, as well as systems, can collect large volumes of data for which Interact was designed to handle.
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ENABLING TECHNOLOGY INNOVATION BY BUILDING BLOCKCHAIN-POWERED SOLUTIONS – DOT COM INFOWAY
Publication- Analytics Insight
Edition- Online
Date- 11 January, 2019
As the New Year unfolds, you may have resolved to make significant moves with the blockchain technology. If your company has tried out this system, then you may be cognizant with the bottlenecks that may be encountered. For this reason, Dot Com Infoway has established firm grounds in the blockchain industry.
This article will walk you through the main areas where our experts expeditiously handle matters blockchain.
Development of Blockchain
Gone are the days when your organization could only rely on one centralized server station to store data. Nowadays, you can make use of the blockchain technology to have information decentralized. The beauty of this is that you minimize the risk of having the data manipulated.
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Why Blockchain Patents And Apps Are Preferred Over AI And Cloud Computing
Publication- Owlt Market
Edition- Online
Date- 11 January, 2019
There has been a significant rise in the number of blockchain patents filed last year. Some of the major MNC’s have dived in this emerging technology to explore its potential and features that can be used to leverage benefits in the desired domains.
The most prominent fact is that the companies are deviating towards or in other words preferring this form of distributed ledger over other technologies like Artificial Intelligence and Cloud Computing. This idea can be concluded with the fact that tech giants like IBM obtained nearly 9,100 patents last year which includes, AI, cloud computing and blockchain based innovations.
Certainly, this is a record figure which has made IBM a patent leader consecutively 26th time in a row. They have a total of 110,000 patents out of which the blockchain number is rising continuously which has made them one of the leaders in the blockchain industry.
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