DiGiSPICE: Industry Monitoring 28 March 2019
- Priyanka Kanodia
- Apr 1, 2019
- 7 min read
DiGiSPICE
Competitors
Ericsson launches cellular connectivity solution Publication- Gadgets Now
Edition- Online
Date- 28 March, 2019
Ericsson has launched Ericsson Industry Connect, a cellular connectivity solution to accelerate Industry 4.0 digital transformation. The solution warehouses starting with 4G/LTE and 5G in future. The offering, as per Ericsson, strengthens the company’s private networks and IoT portfolios by making 4G and 5G technologies accessible to new industrial markets. The company claims that the dedicated cellular connectivity solution enables secure and reliable coverage with high device density and predictable latency.
According to the company, Ericsson Industry Connect can enable innovative Industry 4.0 use cases such as: digital twin inspection (a real-time digital replica of a physical entity) with massive amounts of sensors, mobility for humanmachine interface (HMI) instructions for workers, collision avoidance and remote It helps enterprises to accelerate their automation and operational efficiency to the next level.
It complements service providers’ offerings to enterprises with a solution that is easy to scale. Ericsson Industry Connect increases the relevance of cellular solutions in the high growing segment of industrial connectivity - leveraging Ericsson’s technology leadership, strength in connectivity, and R&D investments to date”. According to the company, Swedish provider of transport solutions Scania has already implemented Ericsson Industry Connect in its smart production lab in Södertälje, Sweden.
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Ericsson says no bounty from Huawei 5G security worries
Publication- CNBC TV18
Edition- Online
Date- 28 March, 2019
Telecoms equipment supplier Ericsson is yet to see an increase in contract wins on the back of security concerns over China's Huawei, the Swedish company's chief executive said on Wednesday. The mobile network gear maker counts market leader Huawei and Finland's Nokia as its main rivals and some analysts think it could benefit from Western suspicions of Huawei, after Washington alleged its gear could be used by Beijing for spying.
Huawei has strongly rejected the allegations and launched a lawsuit against the US government. "What we see is that customers are worried," Ericsson Chief Executive Borje Ekholm told Reuters ahead of the firm's annual meeting at a venue close to its north Stockholm headquarters. "And that of course leads to more discussions with customers for us, but we can't see that contracts are being allocated. That has not happened yet."
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https://www.cnbctv18.com/telecom/ericsson-says-no-bounty-from-huawei-5g-security-worries-2745721.htm
Industry News
VodafoneZiggo inks 6 year contract with Subex
Publication- Elets Online
Edition- Online
Date- 28 March, 2019
Leading telecom solution provider Subex has inked a six-year deal with VodafoneZiggo, an integrated communications and entertainment services provider. This deal will enable the later in deploying its ROC Partner Settlement and Route Optimisation Solutions. The provided solution will then be deployed on a SaaS-based model developed for VodafoneZiggo’s new Interconnect Billing Platform. This will be replacing three different existing legacy billing systems with a single solution, reduce complexities and optimise costs.
This deployment will also assist VodafoneZiggo in further reducing its operational costs via Subex Managed Service Center of Excellence, for which certain business operations will be outsourced. Netherlands based operator VodafoneZigg provides fixed, mobile and integrated communication and entertainment services to consumers and businesses. It is a joint venture between Liberty Global and Vodafone Group.
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Paytm set to raise $2 billion, valuation may rise 80% in a year
Publication- ET Now News
Edition- Online
Date- 28 March, 2019
One97 Communication, the parent of online payments services firm Paytm, is set to raise $1.5-2 billion from existing investors SoftBank Vision Fund and Alibaba’s financial affiliate Ant Financial, the Economic Timesreported citing people having knowledge of the development.
The latest financing round is likely to peg One97 Communications' valuation at $16-18 billion, as much as 80% higher than last year's valuation of $10 billion, when Warren Buffett-led Berkshire Hathaway invested $300 million.
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Netcore's AI Engine 'Raman' Boosts Kotak Securities' Email Communication Performance by 25%
Publication- The Week
Edition- Online
Date- 28 March, 2019
Raman brings AI/ML capabilities to Netcore's Smartech marketing automation & analytics suite, to give real-time, actionable, intelligent insights to help Kotak Securities increase their customer engagement Netcore Solutions, a global marketing technology company, today announced that Kotak Securities has achieved a 25% rise in its email open rates and lead conversions in customer engagement by using Netcore's Artificial Intelligence (AI) Engine 'Raman'. This achievement is yet another case of successful use of futuristic technologies such as AI and ML (Machine Learning) by brands seeking to grow their digital marketing Return on Investments (ROI).
Netcore's Smartech is the AI-powered marketing automation & analytics suite by Netcore Solutions. Netcore recently named its AI engine as 'Raman', as a tribute to two renowned Indian scholars - Nobel Laureate & Physicist CV Raman, and the mathematical genius S. Ramanujan. Kotak Securities leveraged the Send-Time Optimisation (STO) feature of Raman's ML suite. Companies use it to communicate with the right customer at the right time, i.e. when the customer is most likely to be engaged on a particular channel - in this case email. Backed by actionable analytics, STO gathers data from the user's pattern of use of the inbox to arrive at times when he/she is most likely respond to email communication from the brand.
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Blockchain can change the way we approach IoT
Publication- The Financial Express
Edition- Online
Date- 28 March, 2019
While Blockchain was hailed as the technology of the future, especially after digital currencies started coming into fashion, the interest around the technology may be peaking. Although funding for blockchain related start-ups has increased—as per Statista this increased to $1.032 billion in 2017 against $93 million in 2013—the number of searches related to technology has decreased from its peak in 2017.
Blockchain may have been the technology of the future, but scalability and limited application were hindering its progress. The technology works in the form of a spreadsheet that may be accessible to all, but not editable for everyone, with each piece of information protected by a code.
This may have been beneficial for the system for cross-checking of data and in terms of security, but with limited users, it can prove to be a costly affair. But Blockchain may have found another use case with increased technology penetration. According to a report by IEEE, Blockchain can also be used to protect Internet-of-Things (IoT) applications.
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How IoT is building the business centres of tomorrow
Publication- The Financial Express
Edition- Online
Date- 28 March, 2019
The Internet of Things (IoT) has been the talk of the town during the last decade and its adoption has only made a positive difference in every industry. Its entry to business centres and office spaces has made several routine operations automated, reducing human efforts at several levels, increasing operational efficiency and changing the face of office functioning like never before.
Corporates and startups demand their office spaces to be more and more tech-friendly. Hence business centre operators are increasingly making their office spaces IoT-driven. This not only adds efficiency to the work of their space occupants but also helps them axe their operational cost.
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https://www.financialexpress.com/money/how-iot-is-building-the-business-centres-of-tomorrow/1529435/
DATA ANALYTICS STRATEGY FOR INTERNAL AUDITS
Publication- Analytics Insight
Edition- Online
Date- 28 March, 2019
Are you an evolver, a follower, or an observer? Well, the influential audit firm, Price-Waterhouse Cooper (PWC), shed some light on the difference between the three in its 2018 “State of the Internal Audit Profession Study”. Let’s look at the difference between the three according to PWC:
• Evolvers: These are organizations that heavily rely on technology to enable their internal audit functions.
• Followers: These are organizations that are slow at adopting technology for their internal audit functions.
• Observers: These are organizations that do not implement technology to carry out their internal audit functions.
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IoT roundup: Keeping an eye on energy use and Volkswagen teams with AWS
Publication- Computer World
Edition- Online
Date- 28 March, 2019
Much of what’s exciting about IoT technology has to do with getting data from a huge variety of sources into one place so it can be mined for insight, but sensors used to gather that data are frequently legacy devices from the early days of industrial automation or cheap, lightweight, SoC-based gadgets without a lot of sophistication of their own.
Researchers at MIT have devised a system that can gather a certain slice of data from unsophisticated devices that are grouped on the same electrical circuit without adding sensors to each device.
The technology’s called non-intrusive load monitoring, and sits directly on a given building's, vehicle's or other piece of infrastructure’s electrical circuits, identifies devices based on their power usage, and sends alerts when there are irregularities. It seems likely to make IIoT-related waves once it’s out of testing and onto the market.
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Formula 1 Partners with Blockchain Startup to Launch Ethereum-based F1 Game
Publication- Crypto News
Edition- Online
Date- 28 March, 2019
Want to experience the adrenaline rush of a motorsport game like F1 without even venturing out to the tracks or sitting in the car cockpit. If yes, then you can soon experience the world of Formula 1 in your home.
Formula One, one of the most attractive motorsports in the world with a wide fanbase globally has partnered with a blockchain startup, Animoca Brands to launch F1 racing video games on Ethereum blockchain. Animoca Brands have stated that they have obtained all the necessary licensing agreement to develop and launch the blockchain game “F1 Delta Time”.
As per the release, the blockchain game will feature a non-fungible token (NFTs) based on Formula One intellectual property and is slated to be released on 10th May 2019. The NFTs will be based on ERC-721 token standard and the game will focus on collection and trading on unique cars, drivers and components.
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Latest update on NB-IoT or LTE-M networks
Publication- Telecom Lead
Edition- Online
Date- 28 March, 2019
102 mobile operators in 52 countries have either deployed or launched at least one of the NB-IoT or LTE-M technologies, according to a report from Global mobile Suppliers Association (GSA).Of these, 20 mobile operators in 19 countries had deployed or launched both NB-IoT and LTE-M.149 mobile operators in 69 countries are investing in one or both of the NB-IoT and LTE-M network technologies.
22 countries have NB-IoT and LTE-M networks in terms of deployment / launches.28 countries have NB-IoT networks only in terms of deployment / launches. Two countries have LTE-M networks only in terms of deployment / launches.140 mobile operators in 69 countries are making investment in NB-IoT networks. 88 mobile operators in 50 countries had deployed/launched their NB-IoT networks. 60 mobile operators in 35 countries are investing in LTE-M networks. 34 mobile operators in 24 countries had deployed/launched their LTE-M networks.
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Blockchain IoT market to grow at more than 90% CAGR, to reach $3,021 mn by 2024: Report
Publication- Money Control
Edition- Online
Date- 28 March, 2019
The Blockchain IoT Market is estimated to grow from USD 113.1 million in 2019 to reach USD 3,021 million by 2024 and is expected to grow at a CAGR of 92.92%, a recent report from MarketsandMarkets reveals.
Major factors driving the market growth are increasing adoption of IoT, growing need for IoT security, simplifying business processes and affording transparency and immutability, and increasing focus on operational efficiency.
Further, underlying opportunities for the blockchain IoT market include higher adoption of blockchain solutions for smart contracts and digital identity and rising government initiatives.
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