DiGiSPICE: Industry Monitoring 30 March to 01 April 2019
- Priyanka Kanodia
- Apr 4, 2019
- 7 min read
DiGiSPICE
Competitors
Ericsson wins 5G network deal from Batelco
Publication- Telecom Lead
Edition- Online
Date- 31 March, 2019
Mohamed Bubashait, chief executive officer of Batelco, is responsible for the nationwide 5G deployment that will happen in phases in key locations. Batelco engineers will be deploying Ericsson commercial 5G equipment – including 5G New Radio (NR), mobile transport, and core, Batelco Bahrain CEO Mohamed Bubashait said in a statement.
Rafiah Ibrahim, head of Market Area Middle East & Africa at Ericsson, said the telecom network maker recently enhanced its 5G Platform with portfolio additions across core, radio access and transport areas, as well as service orchestration.
The Mena region’s data center spend will reach nearly $5 billion in 2019 as organizations drive data center modernization as the foundation of their digital transformation, according to a Gartner report. 5G has the potential to drive $600 million in 5G opportunities for 5G players in Bahrain, according to Ericsson’s 5G Business Potential Report.
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Ericsson Seals the Deal with Batelco to bring 5G in Bahrain
Publication- Silicon India
Edition- Online
Date- 01 April, 2019
Batelco, one of the leading digital solutions providers in Bahrain, names Ericsson to commercially deploy 5G across Bahrain. The partnership will see Ericsson’s new enhanced 5G platform, with portfolio additions, such as 5G New Radio (NR), mobile transport, and core – be implemented in Batelco’s network.
Mohamed Bubashait, CEO, Batelco Bahrain, comments, “Batelco is committed to delivering exceptional customer experience through provisioning of seamless, advanced mobile services over 5G. We are therefore very pleased to strengthen our strategic partnership with Ericsson to commercially deploy 5G – to enhance our mobile network and services for people across Bahrain."
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Industry News
TenX2 eyes startups developing IP, IoT-led solutions with its India foray
Publication- Business Standard
Edition- Online
Date- 30 March, 2019
TenX2, a provider of business acceleration, consulting and M&A solutions to startups along with other businesses globally, has forayed into India as the business accelerator eyes to tap the domestic startup companies that are working in the new technology space and global startups that are planning to launch in the country.
The Hong Kong-based firm, which was started by former CEO of Philips and Siemens, Mike Mastroyiannis in 2016, will look at technology startups in the country that are building products through the use of artificial intelligence (AI), internet of things (IoT) and big data among others.
The firm has roped in Jubin Mishra, the former global head of Sankalp Intellecap, to drive its India operations. Mishra, who had also stints with global technology firm Accenture and financial major HSBC, will drive company's initiatives to spot those startups which will then be funded through its network of venture capital funds.
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IOT will bring major changes in smart phones, big data and cloud computing
Publication- The Times of India
Edition- Online
Date- 30 March, 2019
During his 2-days deliberations with students of GTU Innovation Council, he provided some valuable tips for start-up projects. He said that, “Internet on Thongs (IOT) will bring major changes in fighter planes, communication system development etc. After few years wireless network, devices, smart phones, Technologies, Data analytics & cloud computing etc. will have very big impact.” In 2017, under the aegis of India International Science Festival, Atal Innovation Mission, NITI Aayog awarded GTU as 2 nd best Award for supporting Start-up ecosystem.
Prof. (Dr) Navin Sheth, Vice Chancellor of GTU said that GTU has launched Dr. APJ Abdul Kalam Memorial Lecture series from the fund of the award. GTU Innovation Council (GIC) has established regional centres across the Gujarat State for Innovation and Startups at Ahmedabad, Baroda, Surat and Rajkot. GIC IOT will bring major changes in smart phones, big data and cloud computing | facilities like Co-Working Space, Mentoring, participation in Vibrant Summits, Central level Startup Competition and Guidance in marketing, Business development and many more, for the Sustenance of Innovators.
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L&T launches new initiative-‘L&T-Nxt’ with focus on AI and IoT
Publication- The Indian Wire
Edition- Online
Date- 30 March, 2019
Construction giant Larsen & Toubro (L&T) on Friday announced its new initiative named L&T-Nxt which will primarily focus on artificial intelligence (AI), Internet of Things (IoT), virtual reality, augmented reality, geo‐spatial solutions and cyber security.
L&T-Nxt will use next generation technologies, digitization and and analytics to commercially render industry solutions in the aforementioned fields.
“We are committing significant investments and talent into this strategic effort and are confident that this will be an enabler for business,” SN Subrahmanyan, CEO and managing director, L&T said. The L&T-Nxt initiative as of now is started with a team of 150 people with an aim of taking it to 2000 in the next 5 years.
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Accenture has good news for the whole of IT
Publication- The Economic Times
Edition- Online
Date- 01 April, 2019
Indian IT firms may see revenue growth in fiscal 2020 to be as strong as or better than the previous year, looking at the commentary of global peer Accenture which raised its forecast on the back of increasing client budgets for outsourcing and consulting deals. Last week, Accenture raised its revenue growth forecast to a range of 6.5-8.5% from 6.0-8.0% for the year ahead, as their customers globally continue to spend on new technologies NSE 2.14 % to improve services.
“The Accenture management indicated potential of slower economic growth. Client budgets may grow at slightly slower pace compared to 2018. However, this slower growth has not translated in weak growth outlook. Accenture revenue growth for FY 2019 will be similar to FY 2018,” wrote Kawaljeet Saluja, IT analyst at Kotak Institutional Equities.
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Cloud, IoT are sitting ducks for hackers
Publication- Livemint
Edition- Online
Date- 01 April, 2019
Hacking as we knew it has changed. While in the beginning it was the handiwork of overenthusiastic individuals honing their cyber-skills by finding loopholes in live systems, hackers today are financially motivated and run their operations under the aegis of organized criminal organizations, according to the 2019 Security Report by Checkpoint Software Technologies Ltd, released this month. The hacker arrested by the US department of justice in September 2018 for the WannaCry ransomware attack of 2017, for instance, was part of a criminal organization called the Lazarus Group with alleged links to the North Korean government.
Further, with more businesses moving their operations online, vast amounts of financial and critical business-related data is now stored in data centres. For cybercriminals, this is a huge opportunity as they can not only break into company systems and steal data but can take control and lock out the owners of their own systems. For instance, the Petya ransomware, which affected 2,000 enterprises in 65 countries, had locked users out of their own systems.
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Blockchain Technology and its implications in the Industry
Publication- Devdiscourse
Edition- Online
Date- 01 April, 2019
Over the next decade, there will be disruption as significant as the Internet was for publishing, where blockchain is going to disrupt dozens of industries. So how exactly this disruption will take place. More importantly, what is this Blockchain technology, which presently, is being widely tipped off as the next big revolution after internet in the planet's history.
Blockchain technology may sound a bit complex but it is simply a distributed ledger where the data is stored. A group of researchers first designed the blockchain technology in 1991 to timestamp digital documents to eliminate tampering. But it came into spotlight with the invention of digital cryptocurrency, Bitcoin as it unravelled the problem of double spending for digital currency. Blockchain is a series of blocks that carries particulars.
A block consists of data, hash of a block and hash of a previous block. Hash ensures the security as it is always unique and any disruption in block will result in difference in hash and ultimately block will no longer be valid. Previous hash is the one responsible for forming the chain of blocks. Along with hash, proof of work mechanism and use of peer to peer network avails to prevent further tampering.
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Blockchained India Brings Crypto Stakeholders Together in Memorable Evening
Publication- Crypto News
Edition- Online
Date- 01 April, 2019
As mentioned in the previous article, Blockchained India, which is one of the biggest blockchain communities in India, also organized a meetup with the agenda “Does India Need Crypto Regulations?” on Saturday in Bangalore. The event saw some eminent names from the blockchain industry, namely Nischal Shetty, the Chief Executive Officer (CEO) of the cryptocurrency exchange, WazirX, Nilesh Trivedi from Indium, Nitin Sharma, one of the co-founders of Bangalore-based Incrypt, among others.
Anoush Bhasin, a chartered accountant, associated with Quagmire Consulting, a company that deals with blockchain and taxation, shared some interesting insights and cleared some of the prevailing doubts among the cryptocurrency community. Clearing the air, he said, “Irrespective of crypto’s status and pending regulations, every investor is obliged to pay taxes on their earnings from cryptocurrencies.”
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BIG DATA ANALYTICS TO BE USED FOR TRACKING EXPENDITURE PATTERNS BY INCOME TAX DEPARTMENT
Publication- Analytics Insight
Edition- Online
Date- 01 April, 2019
Income Tax department in India is going to use Big Data Analytics tools from April 1, 2019, to keep on the tax evasion. The programme is named Project Insight which is worth Rs 1,000 crore. The tool would trace social media profiles of citizen and tabulate their expenditure patterns observing the visual media including photos and videos uploaded on it. Subsequently, the Income Tax authorities would be informed if there is any mismatch between the income and expenditure ratio of a person and actions would be taken accordingly.
Reportedly, tax officials were given permission by the Income Tax Department to access the software from March 15, 2019 For example – If someone is spending vacations in a foreign country or buying luxury cars and posting pictures about it on social networking site, then the big data software used by IT department can track it and do the needful action required.
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How AI will save us from the mess of big data
Publication- Qrius
Edition- Online
Date- 01 April, 2019
We are drowning in data that’s supposed to help us. The big data revolution has come from inexpensive data storage and automated data collection, giving organizations exponentially more data than they had in the past. From business logic data like computer log files to detailed weather patterns, purchasing data to TV viewing, we have access to so much data on how the world works and about the lives and habits of individuals.
A lot of this data is just sitting in warehouses, either real or virtual, being ignored or occasionally examined for trends. It’s just too much for people to handle. When it comes to healthcare, advanced new diagnostic techniques mean that more information is collected about patients than ever before.
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Workshop on Blockchain Technology held at PU
Publication- United News of India
Edition- Online
Date- 01 April, 2019
The department of Banking technology, Pondicherry University (PU) in association with engineering staff college, Hyderabad organized a two-day national workshop on Blockchain Technology last week. According to a University release on Monday, Former P U Vice-Chancellor Prof A K Bhatnagar inaugurated the workshop.
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