DiGiSPICE: Industry Monitoring 20 February 2019
- Priyanka Kanodia
- Feb 20, 2019
- 9 min read
DiGiSPICE
Industry News
Ericsson inks global patent license deal with Oppo
Publication- ET Telecom
Edition- Online
Date- 20 February, 2019
Ericsson said that it has signed a global patent license agreement with Chinese handset maker, Oppo. This initial agreement includes a cross license covering the 2G, 3G and 4G patent portfolios from both companies. Oppo, which is the fifth largest smartphone vendor in the world with business operations in more than 40 markets globally, will make on-going royalty payments to Ericsson based on a substantial part of their annual sales. In addition to a cross license, the agreement between Oppo and Ericsson includes business cooperation on a number of projects related to 5G, like device testing, customer engagements and demo at MWC19.
Adler Feng, Head of OPPO Global Intellectual Property Department, says: “We are pleased to enter into a global cross license agreement, including business collaborations, with Ericsson. We look forward to working with Ericsson to drive cutting-edge innovation in products and services.”
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InnoVen Capital invests ₹35 crore in Xpressbees in fifth deal this year
Publication- Livemint
Edition- Online
Date- 20 February, 2019
InnoVen Capital, which provides loans to startups, has invested ₹35 crore in e-commerce logistics provider Xpressbees, marking its fifth deal in 2019. The venture debt firm has now invested about ₹75 crore this year across five companies, and has four-five more deals planned for the next couple of months, chief executive Ashish Sharma said over the phone.
Xpressbees (Busybees Logistics Solutions Pvt. Ltd), founded by Amitava Saha and Supam Maheshwari, is an end-to-end e-commerce-focused logistics provider. Its services include first and last-mile delivery and reverse logistics with facilities, such as real-time tracking, multiple payment collection and processing options. It claims to serve more than 10,000 pin codes across India, with 53 hubs and about 1,300 service centres.
Its clients include online retailers such as Snapdeal, Paytm and Flipkart. Till date, Xpressbees has raised close to $56 million in equity from Alibaba Group Holding Ltd and Paytm (One97 Communications Ltd), as well as venture capital funds such as SAIF Partners and Chiratae Ventures.
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MWC19: Ericsson expands 5G solutions with new features
Publication- Telecom Lead
Edition- Online
Date- 20 February, 2019
Mobile data traffic is expected to increase by 5 times by 2024 and 5G networks will carry 25 percent of the mobile data traffic at that time, according to Ericsson Mobility Report. Daryl Schoolar, practice leader, Service Provider Technology, Ovum, said: “Ericsson’s latest product launches further facilitate the vendor’s goal of providing its customers with a smooth and efficient transition from 4G to 5G.”
Telecom operators such as Swisscom and MTN Nigeria are relying on Ericsson for their 5G networks. Patrick Weibel, head of 5G Program, Swisscom, said: “Ericsson’s dual-mode 5G Cloud Core allows for the flexible evolution of our 4G Core network to a combined 4G and 5G network while maintaining cost efficiency.”
Albert Makyur, senior manager at Network Division, MTN Nigeria, said: “The capabilities of the new MINI-LINK 6200 family can help us to handle the continued data traffic growth cost-efficiently.”
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Blockchain technology to help verify natural diamonds
Publication- Business Standard
Edition- Online
Date- 20 February, 2019
Scientists have developed a new method based on blockchain technology to help verify and trace natural diamonds, and fully guarantee their authenticity. In a situation where natural, synthetic and fake stones exist in the diamond market, the system could protect the financial assets of market participants, said researchers from the National University of Science and Technology in Russia.
The modern diamond industry is undergoing a period of global restructuring, they said. This expansion is explained by scientific achievements that are pushing for an increase in diamond volumes for potential applications, both for jewelery and industry. Modern synthetic diamonds are almost as good as natural diamonds in terms of quality and chemical composition. With these trends, gemologists often cannot distinguish a good synthetic diamond from a natural one.
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Cyberlaw, cyber security, AI, and blockchain trends in 2019
Publication- The Financial Express
Edition- Online
Date- 20 February, 2019
Cyberlaw is an evolving discipline. It has been evolving for the last more than two decades. However, with the advent of new technologies and with new technological paradigms emerging, cyber law jurisprudence is constantly trying to adapt itself to newly emerging challenges thrown up by newly emerging technologies on the horizon.
It is impossible to be a soothsayer and predict accurately as to what could potentially happen. This is although more so given the rapid pace of these technologies moving in an unprecedented manner. However, based on the developments in the landscape that are arising, it is safe to point out some important cyber law trends that are likely to emerge and further consolidate themselves in the year 2019. Given my work in cyber law, I propose to look at some of the important cyberlaw trends of 2019.
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Why We Need Smart Cities
Publication- BW Smart Cities
Edition- Online
Date- 20 February, 2019
Several cities are dealing with the crisis of overpopulation, causing a dearth of resources. Social and economical imbalance among citizens creates problems in a community. As technology grows, the concept of Artificial Intelligence and Internet of Things can be used into planning Smart cities which can gradually tackle several issues in a coexistent society.
The building of a smart city requires large investments by the government. Nonetheless, it is one of the best changes possible in lifestyles if done with conscious implementation. Smart cities are designed for optimum usage of space and resources along with an efficient and optimum distribution of benefits.
It also aims at increasing connectivity at various levels among citizens, as well as between the administration and population. Public properties such as schools, roads, and hospitals are improved. The system can tackle several redundancies of the present system and save time and money. As technology is rapidly advancing, one can acknowledge that one needs to develop their lifestyles accordingly to adapt to present-day demands.
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IOTA Foundation Collaborates With Nova To Support Blockchain Startups
Publication- Krypto Money
Edition- Online
Date- 20 February, 2019
The IOTA Foundation, the company responsible for the cryptocurrency Iota (MIOTA) has partnered with startup incubator Nova in order to create a seed fund aimed at entrepreneurs that are working on distributed ledger technologies.
The collaboration will provide funds to several new upcoming startups making complete use of the IOTA platform. The IOTA foundation will be adding these projects to an ongoing program dubbed the “IOTA Cofoundery”. As per the information available on Nova’s website, the program will address issues that currently surround the initial stages of a startup’s growth to the best of its ability. Furthermore, they are also currently searching to get the proper seed funding for these startups.
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Why Fudan University And Concordium Foundation Create Blockchain Research Center
Publication- Owlt Market
Edition- Online
Date- 20 February, 2019
Fudan University is one of the most prestigious and selective universities located in Shanghai, China. This university has made a partnership with Zhongan Online Property Insurance Co., Ltd. and Shanghai Zhongren Information Technology Co., Ltd. in order to create a blockchain research center, the Shanghai Blockchain Engineering Technology Research Center with the main aim to promote the development and growth of the blockchain industry.
The Swiss non-profit behind the Concordium Blockchain Network Concordium Foundation will work with Aarhus University’s Department of Computer Science in order to create the Concordium Blockchain Research Center. The main purpose of this center is to support the development of energy-efficient and scalable blockchains.
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Scientists develop Blockchain-based method to help verify and trace natural diamonds
Publication- Gadgets Now
Edition- Online
Date- 20 February, 2019
Scientists have developed a new method based on blockchain technology to help verify and trace natural diamonds, and fully guarantee their authenticity. In a situation where natural, synthetic and fake stones exist in the diamond market, the system could protect the financial assets of market participants, said researchers from the National University of Science and Technology in Russia.
Modern synthetic diamonds are almost as good as natural diamonds in terms of quality and chemical composition. With these trends, gemologists often cannot distinguish a good synthetic diamond from a natural one. Taking into account the growth of the market and the multiple possible diamond origins, the guarantee of authenticity is becoming crucial.
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Accenture Enhances Energy Efficiency and Passenger Comfort with AI-Based Self-Learning Ventilation System
Publication- CIOL
Edition- Online
Date- 20 February, 2019
Accenture has helped Metro de Madrid develop and implement a self-learning AI-based ventilation system that minimizes energy costs and emissions and ensures high air quality in metro stations and commuters’ comfort.
The artificial intelligence (AI)-based system has enabled Metro de Madrid to reduce its energy costs for ventilation by 25 percent and cut CO2 emissions by 1,800 tons annually. Accenture will present the system at this year’s MWC (formerly known as Mobile World Congress) in Barcelona, Feb. 25-28.
On average, 2.3 million commuters use Metro de Madrid’s network of 294 kilometers of track and 301 stations every day. To help passengers stay cool inside stations, particularly during the hot summer months, Metro de Madrid operates 891 ventilation fans, which were consuming as much as 80 gigawatt hours of energy annually.
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Coinbase Acquires London-Based Blockchain Intelligence Startup Neutrino
Publication- Crypto News
Edition- Online
Date- 20 February, 2019
The importance of data is paramount in any field. And when it comes to cryptocurrencies, data becomes even more important. There’s a reason why analytics companies exist in crypto space, and that reason has a lot to do with the importance of data in crypto world. The more the amount of data available to any crypto company, the better can be their decisions regarding the business. Realizing this importance Coinbase has made a first of its kind acquisition to increase the amount of data available in its data centers.
That’s right. Coinbase has acquired Neutrino, a blockchain intelligence firm based in London, for an undisclosed amount. The firm will continue to operate from its London office, but Coinbase will still have access to its data in a more readily available manner after the acquisition. Coinbase said in its acquisition statement that blockchain intelligence is the thing that will contribute to the creation of an open and protected financial system. The company aims to utilize the data and intelligence provided by Neutrino for detecting and investigating hacks, ransomware attacks and suspicious transactions. It also plans to prevent the theft of user funds with help of this acquisition.
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Comparing IoT services: AWS vs Google vs IBM vs Microsoft
Publication- Wire19
Edition- Online
Date- 20 February, 2019
Internet of things (IoT) is, perhaps, one of the fastest growing modern technologies today. It is proving to be a revolutionary technology, opening a new world of innovation and possibilities that were unimaginable a generation ago. The rapid development of IoT has connected almost everything to the internet. Today, the devices, appliances, and infrastructure can be controlled from anywhere by just using electronic devices.
What is Internet of Things (IoT)?
Simply put, IoT is the technology that connects ‘things’ to the ‘internet’. These things or devices can be anything from smartphones, washing machines, lamps, refrigerators, headphones, air conditioners, and almost everything that you can think of. IoT services can also be applied to machines, like jet engines in airplanes.
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Global Internet of Things (IoT) Cloud Platform Market 2019 | Present Scenario and Growth Prospects 2023
Publication- Slap Coffee
Edition- Online
Date- 20 February, 2019
Fior Markets present a comprehensive research report namely Global Internet of Things (IoT) Cloud Platform Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023 which reveals an extensive analysis of global Internet of Things (IoT) Cloud Platform industry by delivering the detailed information about forthcoming trends, customer’s expectations, technological improvements, competitive forces, and working capital in the market. This is an in-depth study of the market enlightening key forecast to 2023. An inclusive analysis of geographical regions and conditions, product/service types, applications, sales, consumption, and revenue are also rendered in this report.
The report determines some diverse elements examined through feasibility analysis and SWOT analysis to give an extensive perspective to potential investors, company officials, and readers. Then you will find a methodical outlook of the industry covering market growth, emerging trends, and industry cost structures during the forecast period. It presents a detailed segmentation of the global market based on technology, product type, application, and various processes and systems.
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From Machine Learning to Blockchain, Gartner identifies Top 10 Data and Analytics Technology Trends for 2019
Publication- Money Control
Edition- Online
Date- 20 February, 2019
Augmented analytics, continuous intelligence and explainable AI are the top trends in data and analytics technology that have significant disruptive potential over the next three to five years, says Gartner. Speaking at the Gartner Data & Analytics Summit in Sydney today, Rita Sallam, research vice president at Gartner, said data and analytics leaders must examine the potential business impact of these trends and adjust business models and operations accordingly, or risk losing competitive advantage to those who do.
“The story of data and analytics keeps evolving, from supporting internal decision making to continuous intelligence, information products and appointing chief data officers,” she said. “It’s critical to gain a deeper understanding of the technology trends fueling that evolving story and prioritize them based on business value,” she added.
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