DiGiSPICE
Competitors
Ericsson bolsters its 5G portfolio to push deployment
Publication- ET Telecom
Edition- Online
Date- 17 June, 2019
Swedish telecom gear maker Ericsson said that it launched new software and hardware solutions to expand 5G deployment options extending network capacity and coverage, enabling smooth network evolution, and facilitating new consumer and industry use cases. While already supporting frontrunner service providers through the rollout of commercial 5G using non-standalone (NSA) 5G New Radio (NR), Ericsson has now introduced standalone NR software. In addition to extending deployment possibilities, 5G standalone NR software makes for a new network architecture, delivering key benefits such as ultra-low latency and even better coverage.
Ericsson said is also evolving its cloud solution with an offering optimized for edge computing to meet user demand. This will enable service providers to offer new consumer and enterprise 5G services such as augmented reality and content distribution at low cost, low latency, and high accuracy.
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Paytm rebrands its gaming platform Gamepind as FirstGames
Publication- ET Tech
Edition- Online
Date- 17 June, 2019
Paytm is rebranding its gaming platform Gamepind as FirstGames, which claims to have garnered over 30 million registered users since launch in February 2018. With over 300 games and quizzes for gaming enthusiasts, the company is clocking a run rate Gross Merchandise Volume (GMV) of Rs 20 crore monthly, it said.
The fintech firm is also looking to raise $30 million to expand its gaming platform and scale it with more games, according to people familiar with the matter. Players can win Paytm cash, movie tickets, flight tickets, and physical goods such as two-wheelers, according to the company’s blog post.
Last August, Paytm’s parent company, One97 Communications Ltd, and the Alibaba Group-owned gaming and entertainment company AGTech Holdings Ltd had infused $16 million into the platform. Paytm did not respond to an e-mailed query till press time.
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Industry News
Cisco, Accenture partner with DGT to skill youth for digital economy
Publication- Business Standard
Edition- Online
Date- 14 June, 2019
The Directorate General of Training (DGT) on Friday joined hands with IT networking major Cisco and global consulting firm Accenture to skill youngsters for digital economy. Along with the implementation partner Quest Alliance, the comprehensive future-ready employability skilling programme will equip students enrolled in Industrial Training Institutes (ITIs) across India over the next two years.
Nearly 15 lakh students across all ITIs can access the digital learning module from Bharat Skills portal. "It is imperative that we as a nation adapt ourselves to the new-age technology and skills which are market-relevant today," said Secretary at the Ministry of Skill Development and Entrepreneurship K P Krishnan.
"Our ITI ecosystem has been one of the most outcome-based networks for skill development and this partnership today is a step further in enabling and empowering our industrial institutes with the latest in digital skilling," he said in a statement.
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Digital trends shaping IoT adoption in India: Report
Publication- CIO
Edition- Online
Date- 14 June, 2019
EY India, in collaboration with FICCI has launched a report on the ‘Future of IoT’ at the Rajasthan IoT summit in Jaipur. The report outlines the future of IoT from business potential and technology point of view while highlighting its impact on emerging technologies such as 5G, Artificial Intelligence, among others.
The industries that are forecasted to spend the most on IoT solutions in 2019, globally, are manufacturing (US$197 billion), consumer IoT (US$108 billion), transportation (US$71 billion), and utilities (US$61 billion). The key industries for IoT in India are expected to be utilities (water and electricity), manufacturing, transport and logistics, automotive industries and healthcare.
The report identifies digital trends such as Digital Twin, Fog and Edge Computing, AR, VR and MR, 5G and IoT, that are projected to play a crucial role in making India a frontrunner in IoT adoption.
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HOW COMPANIES ARE WRESTLING OVER BIG DATA
Publication- Analytics Insight
Edition- Online
Date- 14 June, 2019
Big data today is considered as one of the most prevailing, trending and emerging technology. As the escalation in data is rapidly increasing, industries are progressively adopting this technology to obtain better insights from the data. Even businesses are onboarding big data analysts to assist their organizations to fulfill customers’ requirements and demands. And analysts do this process by curating valuable insights from raw data. To stay competitive in any industry, big data is becoming an indispensable component for businesses. They are leveraging it to comprehend and forecast consumption patterns or advance operational efficiency.
There is a wide array of companies worldwide who driving big data technology and services market, including IBM, Oracle Corporation, Microsoft Corporation, HP, SAP SE, Amazon Web services, Dell Incorporation (EMC), Teradata, Cisco Corporation, SAS Institute. Moreover, companies like Salesforce CRM can see the mushrooming demand for big data and the analytics involved. They are planting their stake deep in the foundation of the industry no matter the cost.
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European Union to Help Create CoE for ‘IoT for Smart Cities’ at IIIT-Hyderabad
Publication- Indian Web2
Edition- Online
Date- 14 June, 2019
European Union, through its India-EU ICT Standardisation Cooperation Project, is supporting the creation of a Centre of Excellence (CoE) on Internet of Things (IoT) for Smart Cities at IIIT-Hyderabad. As part of the CoE, the EU India project will not only help to design relevant courses on IoT, but will also facilitate capacity building by supporting research collaborations and exchange of experts between India and EU.
With an aim to build a deeper understanding of the standards driven approach for smart cities, and facilitate collaboration between various smart city stakeholders across India and EU, the project will also organise outreach activities such as hackathons, workshops and conferences. These activities would be organised on varied components of IoT including the use of standards such as oneM2M for interoperability for the benefit of public at large.
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Industrial IoT startup SwitchOn raises $1 mn seed funding from pi Ventures
Publication- Business Standard
Edition- Online
Date- 17 June, 2019
SwitchOn, an AI-enabled industrial IoT (Internet of Things) platform, has raised $1 million in seed round of funding led by pi Ventures, an applied AI, IoT and blockchain focused early stage venture fund. Axilor and Chennai Angels were other participants in the round. Founded by Aniruddha Banerjee and Avra Banerjee in 2017, the Bengaluru headquartered SwitchOn helps manufacturing industries identify plant-level bottlenecks and improve equipment efficiency. Industries can create digital twins of their heavy assets, monitor and predict availability and performance hurdles in advance, thus ensuring better efficiency for the equipment and the plant.
SwitchOn will use the funds for strengthening the edge-compute architecture, expanding the team and market adoption in India and other countries in the EU (European Union) and APAC (Asia Pacific) region. “SwitchOn is leveraging xpertise in hardware and software design to create edge solutions for increasing transparency, reducing turn-around, and improving quality on the shop-floor of manufacturing industries to achieve operational excellence,” said Aniruddha Banerjee, co-founder, SwitchOn.
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CIMCON expands patent portfolio for smart city and smart lighting IoT solutions
Publication- Geospatial World
Edition- Online
Date- 17 June, 2019
CIMCON, has announced the United States Patent and Trademark Office has awarded the company patent No. 10,238,001 for the NearSky smart city platform. The newly issued patent for a configurable data center platform covers CIMCON’s design of an edge data processor that affixes to streetlight poles and contains processing systems to communicate with smart city devices and sensors. This innovative design makes it easy to deploy and cost-effectively manage smart city IoT solutions.
This new patent extends a string of industry firsts and innovations from CIMCON lighting as the company continues to invest in an aggressive product roadmap that is continually bringing new smart city IoT technologies to market. There is a portfolio of nine patents now protecting CIMCON’s smart city and intelligent lighting product lines. The extensive portfolio includes protections for the following essential components of smart city and intelligent streetlight systems:
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Blockchain Market In Automotive & Aerospace Industries To Reach Over $20B by 2029 Publication- Krypto Money
Edition- Online
Date- 17 June, 2019
The automotive and aerospace fields have been diving headlong into the blockchain market, and as per a recent report from market research project Reportlinker published on June 13, the reach of the technology will reach over $20 billion by 2029.
As per the analysis, the blockchain applications in automotive and aerospace and aviation industries will grow at a compound annual growth rate of 60.35% between 2019 and 2029. The study further claims that blockchain features such as transparency, fast transaction settlements, and removal of the risk of fraud will be the major drivers for the growth. The report reads:
The current dominating private blockchain segment is expected to maintain its position throughout the forecasted period, majorly due to the advantages of private blockchains over public and hybrid blockchains such as highly secured, permissioned networks, and faster speeds.
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DiGiSPICE Industry Monitoring 14 to 17 June 2019
Amazon Web Services (AWS) Will Launch Blockchain Technology-based System For Corporate Pension Deals
Publication- Owlt Market
Edition- Online
Date- 17 June, 2019
Amazon Web Services (AWS) is an IT service management company who will launch a blockchain technology-based system. The system will be used for corporate pension deals. AWS is a subsidiary of an e-commerce company called Amazon. Legal & General is a British multinational financial services company who has made a partnership with Amazon. Establishing the system is a purpose of the partnership. The deal is said to be meant that the focus of the Legal & General could be on a new business.
The e-commerce company Amazon was set up in 1994. It is located in Seattle, Washington. Customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking are the four principles of Amazon which guide them.
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