DiGiSPICE: Industry Monitoring 21 to 22 March 2019
- Priyanka Kanodia

- Mar 27, 2019
- 5 min read
DiGiSPICE
Industry News
Ericsson wins 5G network contract from KT
Publication- Telecom Lead
Edition- Online
Date- 21 March, 2019
Jinho Choi, vice president, Access Network Design, KT, said KT subscribers, with 5G smartphones, are set to be among the first globally to benefit from the enhanced mobile broadband enabled by 5G. KT’s 5G commercialization use case plans covers: smart factories; safety; drones; and connected vehicles. Ericsson 5G can enable KT to open up Internet of Things (IoT) and Industry 4.0 opportunities to Korean enterprises on a global scale.
Patrick Johansson, head of Ericsson Korea, said: “We worked together to show the world what 5G could do during a major global winter sports event in 2018.” KT deployed the first phase of its 5G network in late November 2018. KT launched 5G in the greater Seoul metropolitan area, major metropolitan cities outside the capital city and in isolated areas including Jeju, Ulleung and Dok islands.
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Telcos plan to use AI, data analytics to make networks smarter, more efficient ahead of 5G deployment
Publication- The Economic Times
Edition- Online
Date- 21 March, 2019
Mobile phone companies are geared towards reengineering their networks to make them smarter and more efficient, preparing for multiple use cases which will come with mass-scale deployment of 5G technology in future. “Our telecom industry has evolved and changing the mindset of everyone to adopt digital and automation is the key now,” said Randeep Sekhon, chief technology officer at Bharti Airtel NSE -0.49 % , India’s No 2 telecom operator.
In a panel discussion at ET Telecom’s third India Mobile Conclave, Sekhon explained the concept of smart technology, saying one interpretation of that could be automation for an error-free network. “It is a smart way to ensure error-free results instead of a human intervention to the process. So, I think, if we can use machine learning and artificial intelligence to predict a fault, we can make a more proactive net work which is error-free and can predict faults rather than let faults happen,” Sekhon said.
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IT deals: Serco, SAP, Iteris, Fiserv, Accenture
Publication- Infotech Lead
Edition- Online
Date- 21 March, 2019
Accenture
IT services company Accenture has assisted Metro Madrid to develop and implement a self-learning AI-based ventilation system that minimizes energy costs and emissions and ensures high air quality in metro stations.
Accenture has deployed an artificial intelligence (AI)-based system to assist Metro Madrid to cut its energy costs for ventilation by 25 percent and reduce CO2 emissions by 1,800 tons annually.
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IIIT-Hyderabad pilots badminton data analytics prototype
Publication- The Financial Express
Edition- Online
Date- 22 March, 2019
New-age technologies such as data analytics are coming of age in sports. Product Labs, part of the International Institute of Information Technology, Hyderabad’s (IIIT-H), has developed and tested a viable market prototype of badminton analytics that was developed at its Centre for Visual Information Technology (CVIT).
A pilot study was conducted in collaboration with Star Sports, which saw the data going live during the telecast of the Premier Badminton League in January 2019, a first move in the world for badminton analytics. Joining the league of cricket in big data consumption and other sports like football, tennis and badminton, CVIT has developed and tested a viable market prototype of badminton analytics. Designed as a catalyst to drive innovation and create commercially viable products, IIIT-H’s Product Labs has been working closely with the research centres located in its campus.
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IBM enters blockchain universe with World Wire payments network
Publication- The Financial Express
Edition- Online
Date- 22 March, 2019
IBM has entered the world of blockchain with World Wire, a new global payments network, to support payments and foreign exchange for banks and non-banking finance companies. IBM is calling this a radical overhauling of the way money moves and a reinvention of the payments systems. While the current payments networks do not talk to each other and and are not interoperable, the new IBM network is open and does not differentiate between currencies. The product provides real-time settlement using a variety of digital assets and is not partial to any one asset. This blockchain solution is for regulated financial institutions. It is the first such blockchain network of its kind to integrate payments messaging, clearing and settlement on a single unified network while allowing participants to dynamically choose from a variety of digital assets for settlement.
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BFSI, public sector, start-ups spearhead blockchain business in India
Publication- The Financial Express
Edition- Online
Date- 22 March, 2019
Indian IT and BPO industry’s trade association Nasscom and a leading global management consulting firm, Avasant, recently came out with a report that shows the role of Indian start-ups, BFSI and public sectors in adopting and spearheading blockchain technology and associated businesses. According to the report, Indian start-ups are involved in over 50% of the active blockchain projects in India across different industries. BFSI tops the list with an over 60% adoption rate of enterprise-level blockchain technology and over 50% of states have already involved themselves in blockchain-related initiatives, driving the public sector adoption in the country.
The report was developed to consolidate the blockchain ecosystem that’s growing fast in the country.
According to the report, there are a number of factors that enable start-ups to play a major role in this revolution. Government projects are creating a productive platform for start-ups. For example, the ripples of the digitisation wave that’s taking place rapidly in healthcare and real estate have led to start-ups like Auxesis group and Zebi Data to deliver critical blockchain solutions for maintaining citizen health record and land registry.
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Facebook is hiring a lead for its blockchain counsel
Publication- Qrius
Edition- Online
Date- 22 March, 2019
It seems Facebook isn’t content with its 50-strong team dedicated to building its proprietary cryptocurrency, as it’s now looking to hire someone for its blockchain counsel. The social media giant is looking for a “lead commercial counsel, Blockchain” based at their Menlo Park, California headquarters. The job posting is not dated and it’s still unclear when Facebook first started looking.
The firm wants a “proactive team player” that will support the company‘s new initiative into the development of blockchain-based applications. I sincerely hope this doesn’t mean Farmville is getting put on the blockchain. The successful applicant will be responsible for drafting contracts and providing legal advice to Facebook‘s blockchain initiatives. Indeed, leading this counsel isn’t as simple as just having to respond to Elrond’s Zuckerberg‘s call.
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Alibaba Promotes BlockChain Technology
Publication- Crypt Buzz
Edition- Online
Date- 22 March, 2019
Alibaba group, the Chinese Multi-National group having specialised in e-commerce, retail, internet and technology fields has recently started a partnership with Aerospace Information Co. to create a block-chain technology and cloud computing. The deal was reported on Chinese Financial Publication on March 21.
As per the sources, the main moto behind partnership is to come with the new ways to integrate the portfolio of technologies and resources to develop new products. They are also exploring the technologies that could help the block-chain technologies to grow in china.
China is not supporting crypto-currencies but the technology behind it (block-chain), the government is positive about it. They are many projects – exploring the technology backed by the state.
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10 Blockchain Startups That Are Driving Disruption In Singapore
Publication- Analytics India Magazine
Edition- Online
Date- 22 March, 2019
The rapid growth of technology and industrialisation is driving huge demand around the globe. Singapore has proved itself to be among the top cities for startups with a number of promising well-funded startups. According to a leading business daily, last year the National Institute of Singapore (NUS) announced that it is partnering with IBM to develop a curriculum around blockchain and distributed ledger technology. According to the sources, currently, there are more than 400 blockchain startups in Singapore and in this article, we list down the top 10 blockchain startups.
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