DiGiSPICE: Industry Monitoring 25 June 2019
- Priyanka Kanodia
- Jul 8, 2019
- 7 min read
DiGiSPICE
Competitors
Subex joins GLF's communications blockchain network
Publication- Business Standard
Edition- Online
Date- 25 June, 2019
Digital technology provider Subex said on Tuesday that it will be a part of the ITW Global Leaders' Forum's Communications Blockchain Network (CBN), a blockchain-based consortium which aims to revolutionise the ICT service provider industry's commercial settlement infrastructure. Through its mission to accelerate the adoption of automated settlement applications, CBN represents an opportunity worth billions of dollars to the global industry in terms of costs savings and revenues from new products and services.
The ITW Global Leaders' Forum is a global network of leaders from the world's largest international carriers who convene to discuss strategic issues and to agree on collaborative activities, with the aim of upholding the principle of interoperability and ubiquitous international and technological coverage.
The CBN, which is expected to go live in the coming months, will be governed by a collaborative structure. Besides technology providers like Subex, the platform will see support from 11 leading global carriers to ensure this blockchain-based special purpose mechanism can become a reality.
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Microsoft, Times Internet-backed Affle acquires mobile marketing platform RevX
Publication- VCCircle
Edition- Online
Date- 25 June, 2019
Singapore-based mobile commerce and marketing solutions provider Affle Holdings Pte. Ltd has acquired the platform and business interests of US-based mobile marketing company RevX Inc. Apart from the platform itself, Affle will also acquire RevX’s brand name, assets, intellectual property rights, business relationships and technical information as part of the deal.
In a statement, the company said the acquisition will strengthen its own platform meant for user acquisition and re-targeting. It didn’t disclose financial details of the deal. Affle chairman Anuj Khanna Sohum said the company was confident of its move because of the synergies between the company and RevX.
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Huawei leads in 5G RAN competitive analysis
Publication- Telecom Lead
Edition- Online
Date- 25 June, 2019
Huawei’s 5G RAN portfolio has been ranked no.1 in a Competitive Landscape Assessment (CLA) of the 5G Radio Access Network (RAN) infrastructure conducted by GlobalData. The report evaluates the 5G mobile base station portfolios of five key vendors: Ericsson, Huawei, Nokia, Samsung and ZTE. The analysis is based on the criteria important to mobile operators including: baseband unit capacity, radio unit portfolio, installation ease and technology evolution, GlobalData said.
Huawei holds the strongest position overall, with leading claims in all four criteria categories, including superior baseband unit capacity and radio unit portfolio breadth, the report said. Ericsson’s greatest strengths lie in solutions for easing radio installation, such as its Street Macro and Vault Radio offerings, an area in which the vendor holds a leading position.
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Interesting facts about PayTM founder Vijay Shekhar Sharma that you should know
Publication- Business Insider India
Edition- Online
Date- 25 June, 2019
When Forbes named Vijay Shekar Sharma as the youngest billionaire of India in 2017, the net worth of his company PayTM was $2.1 billion. In June 2019, the company is credited with a net worth of $2.7 billion. The son of a simple school teacher, how Vijay Shekar Sharma built his success story is highly interesting and inspiring. Here are a few interesting facts about him that can move the readers to admire this amazing personality.
His business benefited from the change How Sharma rose to success was by taking the wind’s direction to his advantage. When the internet industry was turning intricate, Vijay Shekar perceived a paradigm shift in the process of billing from paying bills at physical outlets to online payment. He took inspiration from this shift and launched PayTM that expands as Pay Through Mobile. The favourable climate around him paved way for his quick success. In the online payments arena.
In 2001 Vijay started One97, the parent company of PayTM. He had to take a loan of 8 lakhs to fund his startup. Soon he realized the repayment was getting tougher. Hence he took up some petty jobs like delivering guest lectures and setting up LAN connections in order to see that both the ends met.
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Industry News
In 4th year, mission Smart Cities sees big gains
Publication- The Economic Times
Edition- Online
Date- 25 June, 2019
Four years after Prime Minister Narendra Modi launched an ambitious mission to smarten up 100 cities chosen through a competitive process, the BJP government’s flagship programme is finally showing progress on ground with 897 projects worth Rs 14,847 crore being completed. Closely monitored by Prime Minister’s Office (PMO), the mission has seen a complete turnaround since June 2018. The mission was launched by Modi on June 25, 2015.
The number of projects completed has seen a quantum jump of 182% over one year. The projects completed have jumped from 318 in June 2018 to 897 this month. Even private participation in the mission is increasing. At the outset, Smart City Mission had set a target of financing 21% of the total mission cost through private participation. So far, 15% of the projects under implementation are under public-private partnership (PPP) mode.
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Less than 10% South Asian homes have an IoT device
Publication- ET CIO
Edition- Online
Date- 25 June, 2019
Just 8.7 per cent of homes in South Asia have Internet of Things (IoT) or "connected" devices such as Internet-enabled TVs or surveillance camera against a global average of 40 per cent, new research said on Monday. In North America, on the other hand, 66 per cent households now have at least one IoT device, said the study conducted by cyberseucirty firm Avast in collaboration with Stanford University.
The researchers found that media devices like smart TVs are most common in seven of 11 global regions but there is significant variance otherwise. For example, surveillance cameras are most popular in South and Southeast Asia, while work appliances prevail in East Asia and Sub-Saharan Africa.
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Subex joins GLF's communications blockchain network
Publication- Business Standard
Edition- Online
Date- 25 June, 2019
Digital technology provider Subex said on Tuesday that it will be a part of the ITW Global Leaders' Forum's Communications Blockchain Network (CBN), a blockchain-based consortium which aims to revolutionise the ICT service provider industry's commercial settlement infrastructure. Through its mission to accelerate the adoption of automated settlement applications, CBN represents an opportunity worth billions of dollars to the global industry in terms of costs savings and revenues from new products and services.
The ITW Global Leaders' Forum is a global network of leaders from the world's largest international carriers who convene to discuss strategic issues and to agree on collaborative activities, with the aim of upholding the principle of interoperability and ubiquitous international and technological coverage.
The CBN, which is expected to go live in the coming months, will be governed by a collaborative structure. Besides technology providers like Subex, the platform will see support from 11 leading global carriers to ensure this blockchain-based special purpose mechanism can become a reality.
Please click on the link below:
IAN-Incubated IoT Startup Tsecond Raises $370K from US Based Tech Fund, LEPL
Publication- Indian Web2
Edition- Online
Date- 25 June, 2019
Nagpur, Maharashtra-based Tsecond Generation Technology Pvt. Ltd., an Internet of Things (IoT) startup incubated by Indian Angel Network‘s Incubation and Mentoring Services and Nagpur Angels, has raised approximately US$370,000 in a fund round led by a US based Tech Fund, LEPL USA, Inc., a wholly owned subsidiary of US-based FutureTech Holding Company, reported The Hitavada, a regional daily.
Other investors who participated in this round includes Jayant Chopde, CEO at Emergys Corporation, John Janakiraman – CTO at Emergys Corporation and Jai Shankar, CSO/Founder of Emergys Corporation. With this funding, the total funding raised by Tsecond counts close to US$750,000.
Founded in 2014, by Sahil Gurucharan Chawla, Tsecond provides innovative solutions to problems by doing Research & Development to come up with innovative electronic products. besides, the startup also provides consultation and development services for customized electronic hardware solutions.
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Law as An Enabler for Blockchain Adoption in India
Publication- Indian Web2
Edition- Online
Date- 25 June, 2019
Officially endorsed by the Maharashtra Government, Trescon’s 11th edition of World Blockchain Summit assembled India’s key policymakers, government authorities, blockchain experts, enterprises, IT giants and startups to pave the way for India to be the next blockchain epicentre of the world. Vivekdeep Gupta, N.S. Nappinai, Sharat Chandra and Dr. N. Rajendran were some of the top speakers who keynoted the summit.
In a bid to bolster an enterprise-grade blockchain adoption roadmap for businesses and governments in India, the internationally-acclaimed global tech event series World Blockchain Summit, with the support of the Maharashtra Government, gathered over 300 senior professionals from enterprises and government agencies and global blockchain experts to share their deep experience and understanding of how the nation can benefit from the revolutionary technology, at Taj Santacruz, Mumbai on 20 June 2019.
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Challenges faced by CIOs in integration of IoT in operations
Publication- CRN
Edition- Online
Date- 25 June, 2019
The Internet of Things (IoT) enables billions of gadgets to be associated and speak with one another to share data that enhances the nature of our day by day lives. In the era of the Internet of Things (IoT) and intelligent buildings, a wide range of low-voltage building systems including voice, data, Wi-Fi, distributed antenna systems (DAS), security, audio-visual (AV), lighting, building automation and more are converging onto a common cabling infrastructure and communicating with each other via Internet Protocol (IP).
At the same time, advancements in remote powering technology means the cabling infrastructure is also delivering DC power to more low-voltage IoT devices than ever before.
ConvergeITTM solution gives CIOs a single unified infrastructure supporting IoT devices in intelligent buildings and an intelligent infrastructure solution helps with security and troubleshooting. Also, there is a robust and mature digital building ecosystem of partners who help the CIO with decision making.
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SWIFT Gives Blockchain Platforms Access To ‘Instant’ GPI Payments
Publication- Krypto Money
Edition- Online
Date- 25 June, 2019
Global interbank messaging giant SWIFT reveals that it will allow blockchain firms to employ its Global Payments Innovation (GPI) platform for near real-time payments, as per a report published late last week. SWIFT stated in the report that after a successful proof-of-concept with R3’s Corda platform, it would “soon be enabling gpi payments on DLT [distributed ledger technology]-based trade platforms.”
The GPI payments would resolve the “payment challenges” faced by DLT platforms. The firm further explained that said payments would be initiated within trade workflows and be automatically sent on to the banking system. GPI was launched in early 2017, as a set of business rules encoded on top of the firm’s existing infrastructure, so as to increase speed transparency and the traceability of transactions.
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