DiGiSPICE: Industry Monitoring 30 January 2019
- Priyanka Kanodia
- Jan 30, 2019
- 5 min read
Industry News
MWC 2019: Ericsson launches AI-based managed services
Edition- Online
Date- 30 January, 2019
Ericsson, the third largest telecom equipment maker, said it will showcase the Ericsson Operations Engine, as well as the latest trends and future of managed services at Mobile World Congress 2019 (MWC 2019) in Barcelona, Spain. The Ericsson Operations Engine solution is an end-to-end managed services operating model that, through Artificial Intelligence, automation, and the power of data, reimagines network and IT operations, network design and optimization, and applications development and maintenance.
The Ericsson Operations Engine proactively addresses telecom service providers’ managed services complexity challenges as the industry moves to the 5G and IoT. The Ericsson Operations Engine, using AI, automation and data insights, addresses targeted business outcomes for service providers such as enhanced customer experience, revenue growth and efficiency.
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Verizon Capex spending to touch $18 bn in 2019
Publication- Telecom Lead
Edition- Online
Date- 30 January, 2019
Capex in Verizon’s wireless business fell 17.7 percent to $8.486 billion in 2018 from $10.31 billion in 2017. Wireless Capex during Q4 2018 dropped 30.8 percent to $2.342 billion. The company did not share specific reasons for the drop in wireless Capex. Wireline Capex of Verizon rose 17.2 percent to $6.255 billion in 2018 as compared with $5.339 billion in 2017. Verizon’s wireline Capex dipped 6.4 percent to $1.855 billion in Q4 2018.
Verizon CEO Hans Vestberg said: “2018 was a remarkable year full of 5G firsts, including being first in the world to commercially deploy 5G with our 5G Home product. We’re beginning a period of transformational change. We are focused on delivering customers a best-in-class and game-changing experience on our networks.” Ericsson and Nokia are the top telecom network suppliers to Verizon. The telecom giant does not source telecom network from China-based Huawei and ZTE as part of the US government policy.
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Telenor to select 5G network vendor after pilots in Norway
Publication- Telecom Lead
Edition- Online
Date- 30 January, 2019
Bjorn Ivar Moen, acting CEO, Telenor Norway, said the telecom operator is yet to select the network vendor for 5G. “Both the existing pilot in Kongsberg and our newest pilot activity will enable us to better evaluate which technological, functional and commercial solutions are optimal for our future 5G network.”
Recently, Telenor selected Ericsson and Nokia to deliver a modernization of the core mobile networks for its telecom business Norway, Sweden and Denmark, which will support the 5G radio access network. Telenor did not select Huawei and ZTE, two leading telecom network suppliers from China.
Ruza Sabanovic, chief technology officer at Telenor Group, said the new 5G pilot will kick off in Q2 2019 and will run until 2020, when Telenor will launch its commercial 5G network in Norway.
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Veqta Sports & Hungama join hands to live stream Coppa Italia
Publication- Inside Sport
Edition- Online
Date- 30 January, 2019
Indian football fans will get to see a high-octane dose of live Italian football competition Coppa Italia. The event will be streamed live on Hungama Play OTT platform in India. Video on demand platform Hungama Play has partnered with Indian sports streaming service Veqta Sports to serve its viewers the live streaming of Coppa Italia 2019, one of the most eagerly awaited football tournaments in the world.
Hungama Digital Media COO Siddhartha Roy said, “We are delighted to partner with Veqta Sports to bring Coppa Italia, the flagship cup tournament from Italian football to our user base in India. At Hungama, we endeavour to deliver exceptional experiences to our users and are glad to offer live streaming of the tournament on Hungama Play. We are certain that this will provide an avenue to sports enthusiasts across the country to watch the competition in sync with the rest of the world, without being bound by the restrictions of time and place.”
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Budget 2019 should provide policy thrust for AI, Blockchain: CMR
Publication- ET Telecom
Edition- Online
Date- 30 January, 2019
The Union Budget of 2019 should look at providing a policy thrust for emerging technologies such as Artificial Intelligence (AI) and Blockchain, among many others, CyberMedia Research said in a note on Wednesday. This move will result in new business opportunities across the spectrum, and fostering India’s leadership therein, according to CMR.
“The Budget should foster research in new emerging technology themes, such as AI by providing (a) increased allocations for R&D infrastructure development; (b) for technology education programs; (c) for fostering advanced research and development; and, (d) skilling and reskilling programs for professionals to prepare the future-ready workforce,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR.
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Connected Analytics announces SaaS based IoT services
Publication- Fibre2Fashion
Edition- Online
Date- 30 January, 2019
Connected Analytics has announced its Simetric suite of SaaS based services that provide the ability for companies to effectively and efficiently manage the connectivity of their Internet of Things (IoT) devices and services. The capabilities provided in this platform will enable companies to maximise the impact that IoT can have on their business.
Eighty-five per cent of businesses are already considering, exploring or implementing an IoT strategy and 6 in 10 organisations claim to have some type of IoT initiative underway, according to McKinsey.
While connected devices are growing into tens of billions, revenue per device is declining. To grow IoT revenue, resellers and end customers need to lower the cost of supporting customers by giving them self-serve capabilities. Enabling their customers to efficiently manage device connectivity on their own allows them and the reseller to operate more profitably.
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Exclusive: Data analytics startup Clootrack raises seed funding
Publication- Tech Circle
Edition- Online
Date- 30 January, 2019
Bengaluru-based Clootrack Software Labs Pvt. Ltd has raised $500,000 (Rs 3.5 crore) in its seed round of funding, a top company executive told TechCircle. The round was led by the Indian Angel Network. Other investors who took part in the round were Unicorn India Ventures, SEA Fund and Malabar Angel Network, the executive said. Anthony Thomas, global CIO at Nissan Motors, and angel investor Salliel Gupta led the round on behalf of the IAN. Thomas will also get a board seat to represent the IAN.
Kris Gopalakrishnan, co-founder of Infosys, is also an investor from the IAN. Unicorn India Ventures is the first institutional investor in Clootrack. It had invested in the company in 2017 as well. "The company will use the fresh funds for product marketing and geographical expansion to the US, Europe and Southeast Asia," said Shameel Abdulla, co-founder of Clootrack, in a telephonic interaction with TechCircle.
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Global Retailers Join Blockchain Initiatives For Enhancing Transparency In Supply Chain
Publication- Owlt Market
Edition- Online
Date- 30 January, 2019
Unique and innovative blockchain initiatives have gained the trust of the firms across the world embracing this global technology which has become omnipresent across all the commercial sectors of the world. The world leading retail giant Nestle has also joined the bandwagon of blockchain enabled IBM Food Trust initiative which is helping in creating awareness of this technology along with its deployment for a better operational platform. Other leading global retails as Unilever and Walmart have already opted for the membership of this initiative.
IBM Food Trust blockchain was created with an objective of developing better accountability and unprecedented visibility in the food supply chains. This network develops a connection between growers, distributors, processors and retails in which there is a free flow of information. This connection is both permanent and permissioned to share the records and food system data across the network.
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Confluence of AI and IoT: The bedrock of 4th Industrial Revolution
Publication- Geospatial World
Edition- Online
Date- 30 January, 2019
Artificial Intelligence (AI) and IoT have a great potential to disrupt industries across multiple verticals. AI and IoT are emerging technologies but they are not in the nascent stage gone by the research that is being undertaken and the increasing number of applications.
At 27th Convergence India 2019, the applications of AI, IoT , and their convergence were discussed. The combined power of AI and IoT has revolutionized workflows and industries are preparing for the next stage of transition. IoT and AI are together offering us an unprecedented advantage in terms of capacity building and enhancing efficiency.
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