DiGiSPICE: Industry Monitoring 22 February 2019
- Priyanka Kanodia
- Feb 25, 2019
- 10 min read
DiGiSPICE
Industry News
Our top priority is to help Indian telcos move from 4G to 5G: Ericsson's head of strategy
Publication- ET Telecom
Edition- Online
Date- 22 February, 2019
Swedish telecom gear maker Ericsson said that it’s top priority in India is to help Indian telcos move from 4G to the 5G technology. In an interaction with ET’s Danish Khan, Preeti Nagarajan Head of Strategy, Business Area Networks at Ericsson said that Indian telcos are interested in making an investment towards bringing the 5G technology to India. Edited excerpts How does Ericsson see India especially after the consolidation phase is over?
Our networks strategy is to make ensure that all the operators to move from 4G towards 5G. We want to help the operators enhance their capacity. India’s truly mobile native today and given the need and the population that we have, we need to find methods to be able to provide for that. Back in the day, every house needed to have electricity, now every person, everything needs to have connectivity.
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OnMobile Global Limited renews its contract with Telefonica Espana
Publication- Business Standard
Edition- Online
Date- 22 February, 2019
OnMobile Global Limited, a global leader in mobile entertainment, today announced the renewal of its contract with Telefónica España, S.A.U. (Telefonica) for another five years.Telefónica is one of OnMobile's largest customers. OnMobile has been providing videos, editorials, games and tones and a host of similar services to Telefonica's subscribers since 2012.The long-term contract renewal ensures continued revenue growth and is a testimony to the deep and trusted relationship that OnMobile has with Telefónica.
"Our strong portfolio of products and long-standing operator relationships including Telefonica has played an instrumental role in cementing our position as a global leader in mobile entertainment," said Iñaki Martín Velasco, President and Chief Operating Officer, America and Europe, OnMobile Global Limited.
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Ericsson to deploy 5G-ready LTE equipment for Vodafone Idea's network in India
Publication- Digit
Edition- Online
Date- 22 February, 2019
Ericsson has announced that it has been selected to deploy 5G-ready LTE equipment for Vodafone Idea Ltd.’s (VIL) network in India. With deployment of Ericsson’s 5G-ready Ericsson Radio System portfolio and microwave backhaul solutions, VIL is likely to consolidate and modernize its networks. This will enhance the networks with advanced LTE capabilities while enabling future rapid transition of sites to 5G through remote software installation. Ericsson will also provides turnkey network consolidation planning, design and network rollout services to VIL.
Ericsson today announced that it has been selected by Vodafone Idea Limited (VIL), India’s leading telecom service provider, to deploy 5G-ready equipment across select markets in India. Vodafone India and Idea Cellular merged in August 2018, with the merger leading to one of the biggest telecom network integration and consolidation projects in the world. As a VIL partner, Ericsson is deploying next-generation technology with built-in customizations and innovations to deliver rich consumer experience while building a robust, future-proof network.
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Facebook interested in Blockchain-based authentication, says CEO Mark Zuckerberg
Publication- The Economic Times
Edition- Online
Date- 22 February, 2019
You may soon login to Facebook with Blockchain-based authentication, CEO Mark Zuckerberg has indicated. In a public interview with Harvard Law Professor Jonathan Zittrain late on Wednesday, Zuckerberg said he is "potentially interested" in putting the Facebook login on the Blockchain technology.
According to Zuckerberg, Blockchain could give users more powers when granting data access to third-party apps. Facebook last year promoted one of its senior engineers Evan Cheng as the Director of Engineering at its recently launched Blockchain division.
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Reckless innovation bigger threat to tech companies than rules
Publication- The Economic Times
Edition- Online
Date- 22 February, 2019
Reckless innovation is a bigger threat to technology companies than regulation and the ‘move fast and break rules’ mindset need to change, Accenture’s Chief Technology and Innovation Officer Paul Daugherty said. Countries across the world are increasingly getting involved in regulating technology firms to avoid misuse of data. Companies have typically resisted government regulation saying it could hamper innovation.
“I see it a little differently. I don’t think regulation harms growth, I think reckless innovation can harm growth and that is why we talk about responsible innovation. I think the technology industry generally has mentality that if we can do it, we will do it. Move fast and break the rules. And we are seeing the risks of that mentality,”
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Blockchain startups face skill shortage, opt for freelancers
Publication- The Economic Times
Edition- Online
Date- 22 February, 2019
Blockchain startups are facing a shortfall of skilled professionals as corporates are tapping the same talent pool with better packages, prompting some small firms to turn to experienced freelancers abroad. While India has 1,500-2,000 blockchain professionals, only 200-400 are actually skilled in the core architecture, experts said.
“With around 1,000 job openings, if only 400 are employable, the mismatch in supply and demand is clear,” said Akshay Aggarwal who runs a community of blockchain enthusiasts. According to him, building applications can be an easy task for a developer, but building it from the core is a challenge. “You will get a number of developers who can build smart contracts, but to find someone who can start from scratch is where the real issue is,” Aggarwal said.
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Emurgo Academy to train 2500 blockchain developers in a year
Publication- ET Tech
Edition- Online
Date- 22 February, 2019
Emurgo a global education institution and the commercial arm of Cardano-a third generation blockchain project, has launched it's academy in India which will train developers in blockchain. The academy looks to set up offices in Hyderabad, Chennai, Mumbai, Delhi and Pune by 2020 and tie-up with 200 institutions by end of this year. The academy aims to train 2500 developers in the next 12 months. The full-time program will be of 175-hours, the officials said.The training will begin from April this year.
The academy will look to train fresh talent as well as working professionals through a mox of online and offline classes. To add, the training will be provided by the SMEs along with other blockchain experts. The students will further be evaluated by CXOs who can mentor them with the tools required for particular architecture.
Largely the institution will try to fill the gap in the industry. As the blockchain industry is quite nascent, the ecosystem is undergoing a talent crunch. While corporates have started in-house training for their employees, startups and SMEs are majorly facing the heat. Please click on the link below:
Blockchain Summit India 2019 to bring together experts and stakeholders
Publication- Business Standard
Edition- Online
Date- 22 February, 2019
The Department of Science and Technology (DST), Government of India, is all set to organise the "Blockchain Summit India" on 22nd and 23rd February 2019, to channel India's potential around blockchain and crypto economy. An initiative by Auxesis group, a Blockchain technology company working towards building technology infrastructure and protocols for mainstream enterprise adoption, the event has already created a buzz in the international blockchain front.
Connecting over 5,000 people including politicians, decision makers, knowledge tanks, and tech innovators, the event has already managed to create a buzz. To be hosted at the Noida campus of IIM, Lucknow, the summit aims at harnessing India's potential in blockchain and crypto. The event will see eminent speakers from the Union Ministry, entrepreneurs from across the globe and noteworthy faculties from the leading educational institutions of the nation come together to present their thoughts.
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Govt harnessing Big Data, AI for policy push, says Nandan Nilekani
Publication- Business Standard
Edition- Online
Date- 22 February, 2019
Contrary to popular perception, not just companies, even the government is harnessing big data and machine learning to push policies, according to non-executive chairman of Infosys Technologies Nandan Nilekani. Speaking at an event organised by the All India Management Association (AIMA) on Thursday, Nilekani, former chairman of the Unique Identification Authority of India (UIDAI), said data and its applications were growing in unprecedented ways.
“Companies are accumulating data thanks to smartphone usage. Tomorrow, as every device and car has a sensor, data applications is going to be even bigger than what it is today. On the other hand, the rise of machine learning and artificial intelligence are enabling companies to use this data to make all kinds of predictions and judgements,” Nilekani said.
He added the government may be one of the first users of some of these things. “The Goods and Services Tax system has 11 million businesses and every B2B business is filing returns at an invoice level. Therefore, the government can use that database to detect fraud or to figure out how to give credit,” Nilekani said.
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Blockchain technology to help verify and trace natural diamonds
Publication- The Indian Express
Edition- Online
Date- 22 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 jewellery and industry.
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Blockchain-based Companies Acquired For Better Business Operations
Publication- Owlt Market
Edition- Online
Date- 22 February, 2019
Zebi is one of the blockchain-based companies who has acquired the Bengaluru-based blockchain startup Element42. 14 employees of this startup will work with Zebi. The company will have a total of 75 employees. Zebi is known as a blockchain-based solutions provider who provides its AI chain product to police departments and hotels. The company also provides land registry and document tracking with blockchain technology. It is planning to launch its own public blockchain platform. This platform will perform thousands of transactions per second. It is likely to give competition to worldwide firms like Bitcoin and others.
Element42 Management Solutions is one of the blockchain-based companies in the security and authentication field who provides anti-fraud and transparency solution to its customers. All clients of Element42 will be transferred to Zebi through this new integration. This integration will help Zebi for its product line and customer base expansion. It will help more than 35 enterprises and government organizations. It will also help the team with opportunities to work on distributed ledger technologies like Ethereum, Hyperledger, Corda, Stellar, IOTA, NEM and Tendermint.
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IBM’s VP of Blockchain, Jesse Lund Bullishly Claims That Bitcoin Will Hit $1 Million
Publication- Krypto Money
Edition- Online
Date- 22 February, 2019
Jesse Lund, the vice president of blockchain and digital currencies for IBM make a bullish assertion for Bitcoin’s (BTC). As per Lund, BTC will eventually hit the price point of $1 million. While an extremely bullish prediction, Lund seemed confident about it during an interview with comparison and news platform Finder.com. Published on YouTube on Feb. 20, Lund is asked about his thoughts about BTC price towards the end of the video. He started off by assuring that will go way beyond the current price.
Lund explains in the video that he “likes that number,” given that “if Bitcoin is at a million dollars, then satoshi is on value parity with the U.S. penny.” He pointed out that at that value, the whole network would have over $20 trillion of liquidity. The said liquidity could change corporate payments and high-value payments in general, he concluded by saying:
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5G and IoT innovations at its peak at Mobile World Congress 2019
Publication- Telecom Lead
Edition- Online
Date- 22 February, 2019
The largest telecom event is happening at a time when there is wide-spread discussion about banning Huawei from 5G networks in several European countries under the influence of Donald Trump administration.Attendees will seek innovations in 5G network roll outs, LTE expansion, fibre deployments, virtualization and IoT revenue generation in order to improve revenue and cut down on Opex and Opex during the distress phase.
5G network coverage is expected to reach 40 percent of the population, and will account for 1.5 billion subscriptions by 2024.
GSMA
Mobile IoT or Low Power Wide Area (LPWA) networks are available in licensed spectrum in 49 markets following 93 launches by 50 different mobile operators across both LTE-M and NB-IoT, said GSMA.
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GSMA: Low Power Mobile IoT Networks Now Available from All Leading IoT Operators Worldwide
Publication- Business Wire India
Edition- Online
Date- 22 February, 2019
The GSMA today announced that Mobile IoT or Low Power Wide Area (LPWA) networks are now globally available in licensed spectrum in 49 markets1 around the world following 93 launches by 50 different mobile operators across both LTE-M and NB-IoT. Coverage is now expected to reach approximately 93% of the world’s largest IoT markets by Q2 20192. According to GSMA Intelligence forecasts, by 2025 there will be 3.5 billion cellular IoT connections, including 1.9 billion licensed LPWA connections3.
“The speed with which these networks have been standardized and deployed around the world is staggering. They are now available in every major IoT market encouraging the development of innovative new products and services across a wide range of sectors,” commented Alex Sinclair, Chief Technology Officer, GSMA. “The market clearly sees the benefit of solutions in licensed spectrum that offer flexibility, adaptability, security and lower cost. They are also future proofed for the 5G era and will support and co-exist with other 5G technologies.”
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75% enterprises that use IoT are already using digital twins or plan to use within a year: Gartner
Publication- Wire19
Edition- Online
Date- 22 February, 2019
75% of enterprises that use internet of things (IoT) are already using digital twins or planning to use within the next year, finds leading analyst firm Gartner. Digital twins are simply the virtual models of a product, process or service, that helps in analyzing systems so that expected problems can be avoided even before they occur. It also allows enterprises to prevent downtime, explore new opportunities and use analysis for other projects as well.
The digital twins are around for a long time now, but it gained traction after the implementation of IoT. In 2017, Gartner listed digital twins among the top 10 Strategic Technology Trends for 2017.
According to survey by Gartner, 13% of organizations that implement IoT projects are already using digital twins, while 62% of them are in process of using it or planning to do so.
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A Day In The Life Of: Square’s Fraud Data Analytics Head Who Helps Students Find The Right Career Path
Publication- Analytics India Magazine
Edition- Online
Date- 22 February, 2019
In the era of soaring data, the role of data scientist has emerged as the key to helping organisations – become truly data-driven. Data Scientists work on mission-critical problems within a business, so it’s essential that they have the right skills and can apply the right methodology to solve the business issues.
In this week’s series of A Day In The Life Of, we spoke to Mousumi Ghosh, Head of Fraud Data Analytics at Square. She works on developing data-driven insights, emerging fraud threats and co-ordinates with teams to develop operations strategy, processes and tools which maximise the company’s ability to identify cases of fraud. With 12 years of experience in the data science field, San Francisco-based Ghosh, a mother to a 5-year-old girl and a trained classical dancer has also learnt the art of juggling work-life balance effectively.
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Infotech firm Inspira backs smart city solutions maker iRam
Publication- VCCircle
Edition- Online
Date- 22 February, 2019
Information technology firm Inspira Enterprise India Pvt. Ltd has invested an undisclosed amount in iRam Technologies Pvt. Ltd, which provides Internet of Things (IoT) solutions for smart cities. iRam will use this investment for new product development, feature enhancement in existing products, research and development (R&D) and hiring of new talent, said Inspira in a release. Also, as a result of the funding deal, Inspira director Vishal Jain will join the board of iRam.
Udaya Bhaskar Rao Abburu, chief executive and managing director at iRam, said, “This deal will give us access to Inspira’s well-entrenched sales team and their existing relations with government agencies. This is a strategic move that will boost the growth strategies of iRam and help us emerge as a key player in the smart-city solutions space.”
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