DiGiSPICE: Industry Monitoring 24 April 2019
- Priyanka Kanodia
- Apr 30, 2019
- 6 min read
DiGiSPICE
Industry News
Gaming start-up MPL raised $35.5 million from Sequoia, & others
Publication- Livemint
Edition- Online
Date- 24 April, 2019
Mobile Premier League (MPL), a mobile-focused eSports gaming platform based out of Bengaluru today announced a Series A investment of $35.5 million led by Sequoia India, Times Internet, and GoVentures. Other investors including RTP Global, BeeNext, Base Growth, and Venture Highway also participated in the current round, the company said in a statement on Tuesday.
MPL, which is owned by Galactus Funware Technology Pvt. Ltd., will use the current funding to for driving product marketing and user growth efforts in India. Another start-up HalaPlay had secured $5 million from Indian game developer Nazara Technologies, and casino gaming company Delta Corp in March this year.
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How Telcos Can Innovate to Accelerate 5G Implementation
Publication- CIOL
Edition- Online
Date- 24 April, 2019
5G, or the fifth generation of the communications technology for cellular mobile devices, is a quantum leap over the 4G (LTE/WiMAX), 3G (UMTS), and 2G (GSM) systems prevalent in most countries. 5G technology holds the promise of super high-speed data, significantly lower latency and energy consumption, thereby reducing operational costs and allowing for increased capacities for systems and connected devices.
Race to the 5G Summit
Given the immense commercial possibilities, several companies are spearheading the development of 5G technologies. Leading the efforts are Huawei, Intel, Qualcomm, Lenovo, Nokia, Ericsson, ZTE, Cisco, Samsung, and AT&S. The focus is on 5G related technologies such as modem technology, infrastructure, and hybrid printed circuit boards (PCB), all of which would be crucial in supporting the successful implementation of 5G mobile communications.
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Paytm Payments Bank mobile banking market share down to 18% from 26% in Feb
Publication- ENTrackr
Edition- Online
Date- 24 April, 2019
At a time when mobile banking transactions have been witnessing an unprecedented rise, Vijay Shekhar Sharma-led Paytm Payment Bank’s (PPB) market share in mobile-banking volumes is going downward. According to RBI mobile banking transactions data, PPB recorded 133 million of a total 739 million mobile-banking transactions made during February 2019. This is 8% less than the figure given in February last year, which was about 26% mobile-banking volume.
This is despite mobile-banking volumes witnessed an unparallel rise of over 200% to 739 million in February 2019 from 223.25 million in February 2018. PPB also came under RBI scrutiny for its ownership structure, where Paytm founder Sharma holds 51% of shares and rest is owned by One97 Communications Ltd. and its other subsidiaries. It later made repeated submissions to the government convincing that PPB has independent operations from its parent.
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Sasken Q4 net up 5.7%, announces Rs 170 cr buyback
Publication- Money Control
Edition- Online
Date- 24 April, 2019
Sasken Technologies on April 23 said its consolidated net profit grew 5.7 per cent to Rs 27.45 crore in the March 2019 quarter and announced a buyback programme of up to Rs 170 crore. The company, which had posted a net profit of Rs 25.98 crore in the March 2018 quarter, said it would buy back 19.98 lakh shares from shareholders at Rs 850 apiece.
Its revenue from operations increased by 5.3 per cent to Rs 135.54 crore in the reported quarter from Rs 128.73 crore in the fourth quarter of 2017-18, Sasken said in a regulatory filing.
On the buyback, the company said the "board has unanimously approved the proposal to buy back up to 19,98,678 fully paid-up equity shares...at a price not exceeding Rs 850 per equity share...for a total consideration not exceeding Rs 16,988.76 lakh".
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BuildTrack automates Jaquar’s Orientation Centres with its (IOT) Wireless Lighting Automation System
Publication- CIOL
Edition- Online
Date- 24 April, 2019
BuildTrack, one of the leading Brands in Smart Automation & IoT products and solutions, has deployed its Wireless Lighting Automation system based on the latest ‘Internet of Things (IoT)’ technologies and multiple Customer orientation centres of the esteemed Jaquar Group. Customers visiting the Jaquar Orientation Centres in Mumbai, Pune, Nagpur, Gurgaon, Ahmedabad, Chandigarh, Indore, Raipur, Lucknow, Bhopal, Hyderabad, Bangalore and Jammu are able to experience the exceptional variety and splendour of the lighting solutions on display all from a Smart App .
Through enabling the transformation of these traditional stores into Smart Stores, BuildTrack aims to enhance the customer experience within the store as they go about exploring the myriads of exceptional solutions by turning them on or off and dimming them individually or collectively . The digital catalogue of over 300 lights in the entire showroom can be controlled via Smart App. The system was deployed after the store was completed and in operation, hence the deployment had to be wireless. The App is a built in catalogue and digital control unit at the same time.
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AI INNOVATORS WITH BIG DATA EXPERTISE LEADING THE CLAN OF MOST INNOVATIVE COMPANIES, SAYS BCG
Publication- Analytics Insight
Edition- Online
Date- 24 April, 2019
Boston Consulting Group (BCG) report reveals that the companies including Alphabet/Google have outshined Apple in gaining dominance in the list of most innovative companies. The report also said that significant AI innovators are expected to be three times more big data expertise than any other. Debutants T-Mobile, Dow DuPont, Vale, Stryker, and Rio Tonto also joined the list of top 50 most innovative companies this year. Additionally, Adidas, SAP, and Philips made a great jump in terms of ranking from position 35 to 10, 42 to 28 and 49 to 29 respectively.
BCG report “The Most Innovative Companies 2019: The Rise of AI, Platforms, and Ecosystems provides an insight into increasing importance of AI and tech platforms in promoting innovation.
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EY rolls out zero-knowledge proof blockchain transaction tech to public domain
Publication- Computer World
Edition- Online
Date- 24 April, 2019
EY has announced a series of new solutions and services using blockchain technology which includes EY Smart Contract Analyzer, second generation of EY Ops Chain and EY Blockchain Analyzer, and zero-knowledge proof blockchain transaction technology.
EY Smart Contract Analyzer is a smart contract testing and security service for the public Ethereum blockchain. The service is now entering a private beta test, which will allow users to monitor smart contracts and tokens for known security risks. EY has developed a list of more than 250 standard tests that cover aspects ranging from known malware to coding errors and is deploying these tests into the system in categories ranging from known security flaws to efficiency concerns. The EY service also allows for the development of customized token tests and continuous monitoring for changes.
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Top IoT Trends Transforming Businesses In 2019
Publication- Express Computer
Edition- Online
Date- 24 April, 2019
The year 2018 has been an exciting year in the Internet of Things (IoT) space as we have seen an amazing transformation and many exciting developments. We have observed that several industries are investing in IoT now and that leading industries are quickly implementing IoT solutions. Other than special IoT devices, products like wearable and connected electronics are a part of this vast market.
Many big companies are hiring IoT developers and creating self-learning environment using IoT. This will also drive digital revolution in the physical world as well. With IoT, new business models will emerge and there will be significant changes in work processes, productivity front, cost reduction and improved customer experiences.
IoT is the driver behind the Fourth Industrial Revolution, and businesses have much to gain now and in the near future from it. IoT can provide businesses with real-time control over business processes, predictive maintenance capabilities, improve customer service, increase employee productivity, and gain unprecedented levels of insight to make better business decisions.
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IoT And Blockchain Technology-based Autonomous Vehicle Smart City Project To Improve Safety
Publication- Owlt Market
Edition- Online
Date- 24 April, 2019
An IoT and blockchain technology-based autonomous vehicle smart city project will be developed to improve safety. Filament is a blockchain startup who has made a partnership with an Intelligent Mobility initiative of the University of Nevada, Reno in order to develop the project. Communication between autonomous vehicles and street-side infrastructures will be improved through the project. The purpose of this improved communication is to improve safety.
The University will work on Filament Blocklet® technology. This technology will be integrated into the autonomous vehicles and the sensors of the street-side infrastructures. Events will be recorded and delivered through this technology. This technology won’t only record and deliver the events but also will enable attested data exchange via blockchain transactions.
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