DiGiSPICE
Competitors
Our strategy built around strength of offerings, value: Ericsson
Publication- The Economic Times
Edition- Online
Date- 20 June, 2019
Parrying questions on weather uncertainty over the fate of rival Huawei will give it an edge in the Indian market, Ericsson said Wednesday that its strategy is based on the strength of its offerings and creating value in technology innovation. "From Ericsson's perspective, we believe in creating value in technology innovation. It is not a question of a push or pull...for us, the push will come from what we have to offer," Nitin Bansal, Head of Ericsson India and Head of Network Solutions, South East Asia, Oceania and India told reporters here. He was responding to a specific query on Chinese telecom gear maker Huawei.
"So the discussion with operators is about how do we evolve the network towards future technologies ...discussions we are having right now with our customers is more about how do we start preparing the network and making sure we are getting the right technology, which is needed for India," he said.
Last week, a senior Government official had said that a decision on the contentious issue of use of Huawei equipment in telecom infrastructure, particularly for futuristic 5G networks, is expected soon. India has said it will take a "calibrated decision" on the issue, without compromising on security, while driving a hard bargain to create space for local intellectual property rights (IPRs) in new 5G rollouts.
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Huawei’s troubles are a big opportunity for Ericsson and Nokia
Publication- Livemint
Edition- Online
Date- 20 June, 2019
Over the past two decades, China’s Huawei Technologies Co. has come to dominate the global telecom equipment market, winning contracts with a mix of sophisticated technology and attractive prices. Its rise squeezed Europe’s Nokia Oyj and Ericsson AB, which responded by cutting jobs and making acquisitions. Now, with Huawei at the center of a U.S.-China trade war, the tide is turning.
Nokia and Ericsson—fierce rivals themselves—have recently wrested notable long-term deals from Huawei to build 5G wireless networks, to enable everything from autonomous cars to robot surgery. Analysts say more could come their way as Huawei grapples with a U.S. export ban and restrictions from other governments concerned that its equipment could enable Chinese espionage.
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Paytm Money plans to raise Rs 8,360 cr, may become 3rd unicorn from Paytm family
Publication- IB Times
Edition- Online
Date- 20 June, 2019
Vijay Shekhar-led Paytm Money is planning to raise about Rs 8,360 crore from top investor groups like SoftBank and Ant Financial. As per a report in Business Standards, the company has a valuation of about Rs 34,833 crore and might achieve the unicorn status if the company successfully pleases the investors to raise the expected amount.
Paytm is a subsidiary of One97 Communications that offers an online platform for commission-free investment in mutual funds. It has acquired a user follow up of about 1 million users within eight months from its launch. The company deals with debt mutual funds, insurance, forex, and offers investment advisory for equity services. The company is gaining momentum because of the growing Indian market in the vertical of financial services.
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Bengaluru-based Subex establish IoT security lab in US
Publication- The Weekend Leader
Edition- Online
Date- 20 June, 2019
Devarabisanahalli-headquartered Internet of Things (IoT) and critical infrastructure security solutions provider Subex has partnered with the town of Florence, Arizona to establish an IoT security lab in the US. Subex is already working on to secure the critical public infrastructure of Florence. The IoT lab will serve to raise awareness on cyber-security issues for citizens of Florence, lawmakers, businesses and other stakeholders, the company said in a statement.
"I am confident that the lab will prove to be immensely useful in raising awareness on cybersecurity across Arizona," said Vinod Kumar, Managing Director and CEO, Subex. Co-founded by Subash Menon in 1992, Subex has spent over 25 years in enabling third-fourth of the largest 50 communication service providers (CSPs) globally achieve competitive advantage.
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Industry News
Technology Senate And Awards 2019: Focus To Be On Blockchain And Manufacturing
Publication- Express Computer
Edition- Online
Date- 20 June, 2019
The 19th edition of the Technology Senate, the two day residential gathering and one of India’s largest CIO conferences will kick off tomorrow, 20th June at the Hyatt Regency, Pune. The senate, this year will have a couple of sessions on Blockchain. The conference is expected to be attended by 100+ senior enterprise IT practitioners.
Blockchain
On day 1, ‘Lessons from our Blockchain Journey’ by Abhijit Singh, Lead-Strategic Initiatives, Blockchain, ICICI Bank followed by Ravinder Pal Singh, Chief Information and Innovation Officer, Tata Singapore Airlines (Vistara) who will deliver a talk on Blockchain and it’s practical utility to transform domains and democracies (Day 2).
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Brand Capital to back blockchain-powered Singapore startup Indorse
Publication- VCCircle
Edition- Online
Date- 20 June, 2019
Brand Capital, the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd, has agreed to invest up to $6.5 million (Rs 45.32 crore at current exchange rates) in Singapore-based human resources technology startup Indorse Pte Ltd. Indorse uses its blockchain-powered platform to verify the skills, expertise and achievements of candidates looking for new roles, with an initial focus on the coding segment.
Brand Capital will initially invest $2 million in Indorse via convertible notes and has the option of investing another $4.5 million, according to a statement. Indorse will use the funding to expand into India as well as increase demand for its services using the Times Group’s media assets in the country, the statement said.
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Industrial IoT: The crux of Industry 4.0
Publication- CIO
Edition- Online
Date- 20 June, 2019
Industrial IoT (IIoT) is a network of smart interconnected devices that are used to monitor and improve operations in an organization. IIoT is playing a great role for organizations to achieve quality management, improved supply chain traceability and operational efficiency. IIoT achieves all of this with the help of real-time data collected through the sensors which is then analyzed to achieve actionable insights. The value derived from an IIoT framework helps businesses grow efficiently and in accordance to actionable data insights. On a bigger scale, the Industrial IoT is a key component of Industry 4.0, smart manufacturing plants and rising levels of automation.
Use of Industrial IoT across industries
The industrial IoT is playing an important role in connecting the various aspects of digital supply chains spanning across multiple sectors of industries. Industrial IoT is being leveraged extensively in sectors such as manufacturing, oil & gas, mining, transport, logistics, healthcare, agriculture and others.
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Nasscom, Global Internet Body to Set Standards for IoT Devices to use Domain Name System
Publication- Indian Web2
Edition- Online
Date- 20 June, 2019
India’s apex body for IT, NASSCOM, has partnered with ICANN, or the Internet Corporation for Assigned Names and Numbers, a global organization that is responsible for allocating IP addresses and managing the domain name system (DNS), for working in developing standards that will feed into the global consultation for managing Internet-of-Things (IoT) devices.
ICANN, which is often called the phone book of the internet, matches domain names with appropriate IP address numbers. Its partnership with Nasscom, which was announced last year and has so far focused on building standards for IoT, will also collaborate on other research. Together, they will first focus on updating IoT devices using domain name system (DNS) even in a situation where the manufacturer or supplier has closed down the business.
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Litmus Automation partners with WideTNS to expand industrial IoT solution
Publication- Geospatial World
Edition- Online
Date- 20 June, 2019
Litmus Automation, an Industrial Internet of Things (IIoT) platform provider, today announced a partnership with WideTNS to distribute Litmus Automation software in South Korea and provide local language technical support.
Litmus Automation’s LoopEdge and Loop software platforms help customers seamlessly integrate and analyze their industrial devices from edge to cloud. WideTNS has strong systems integration capabilities and coupled with Litmus Automation software, they will help Korean companies jump-start their industrial and manufacturing IoT projects.
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Blockchain Platform FLETA Develops FLETA Gateway Network
Publication- Owlt Market
Edition- Online
Date- 20 June, 2019
FLETA is a blockchain platform who develops a network called the FLETA Gateway network. DApps will be able to use a FLETA service chain. The FLETA service chain will be faster and cheaper as well. The main purpose of the network is to solve speeds and scalability-related problems. It will also create a blockchain technology-based ePRO system. The system will be created for the management of clinical data. It will be created with on-chain technology. Enhanced credibility and data accuracy will be the features.
The blockchain platform FLETA will have the support of the Ministry of Science and ICT (MSIT) and National IT Industry Promotion Agency (NIPA) for the development of the system. Enhancing the credibility and the accuracy of data management is a plan of the platform. T
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