DiGiSPICE: Industry Monitoring 30 May 2019
- Priyanka Kanodia
- Jun 10, 2019
- 5 min read
DiGiSPICE
Competitors
Ericsson bags multi-band 5G network deal from Softbank in Japan
Publication- ET Telecom
Edition- Online
Date- 30 May, 2019
Ericsson said that it has been selected by SoftBank Corp as a 5G vendor for the deployment of a multi-band 5G network in Japan following a series of successful joint proof-of-concept activities that began in 2015. Under the agreement, Ericsson will provide SoftBank with radio access network equipment, including products from the Ericsson Radio System portfolio. This will enable SoftBank to launch 5G services on their newly granted 3.9-4.0 GHz and 29.1-29.5 GHz bands for 5G New Radio (NR).
Ericsson will reinforce SoftBank’s existing LTE network while optimizing its 5G network. Ericsson Radio System products for this purpose will be deployed in several regions. With Ericsson Radio System, SoftBank can boost its spectrum assets.
Chris Houghton, Senior Vice President, Head of Market Area North East Asia, Ericsson, says: “SoftBank and Ericsson have been partners since the 2G era and we are thrilled to support them on this latest part of their technology journey. With the help of our advanced product portfolio, SoftBank can unlock the potential of 5G for Japanese society and we look forward to building on our long-standing partnership.”
Please click on the link below:
Ericsson considering new clauses to avoid RCom like situations
Publication- Money Control
Edition- Online
Date- 30 May, 2019
Swedish telecom gear maker Ericsson is considering tweaking provisions in business deals to avoid situations like those it is facing with Reliance Communications. The company sued RCom and its promoter Anil Ambani to recover dues of about Rs 1,500 crore, of which it managed to receive only Rs 550 crore.
"We think fairness sort of came true in the end. But of course, as we sell new deals...we try to avoid those things. But it is hard to tell because who could have seen that coming. That was a tough period," Peter Laurin, senior vice president and head of business area managed services at Ericsson told PTI. He was responding to a question whether the company is planning to bring any change in business provisions following the RCom issue.
Please click on the link below:
Industry News
Salesforce Launches First Low-Code Blockchain Platform For CRM
Publication- Express Computer
Edition- Online
Date- 30 May, 2019
Salesforce recently announced Salesforce Blockchain, a low-code platform that enables organizations to share verified, distributed data sets across a trusted network of partners and third parties. By bringing blockchain to the CRM platform, companies can create blockchain networks, workflows and apps that deliver entirely new customer experiences. Salesforce Blockchain made its debut today at TrailheaDX, Salesforce’s fourth annual developer conference.
“We help companies build for the future by making breakthrough technology accessible and easy to use—today we are doing just that with Salesforce Blockchain,” said Bret Taylor, President and Chief Product Officer, Salesforce. “Now, companies will be able to create new ecosystems and achieve new levels of interconnectivity through trusted partner networks.”
Today, connectivity is redefining how businesses operate and the experiences that customers expect. To deliver this, companies must harness and share massive amounts of data with an ever-evolving network of partners and third parties, all without sacrificing trust. This has introduced unnecessary levels of cost and inefficiencies.
Please click on the link below:
ECS wows with IoT and AI solutions for multiple smart applications
Publication-The Asian Age
Edition- Online
Date- 30 May, 2019
Elitegroup Computer Systems (ECS) is showcasing its products at Computex 2019 at Nangang Exhibition Center (Taiwan). During the exhibition ECS presented its advanced IoT and AI solutions and also showcased its new LIVA mini PC to provide a preview of the premium experience of its total solution. Recently ECS had launched the Liva Mini PC series in India.
The energy efficient multi-functional Mini PCs are designed for various smart solutions. The Mini PC Family includes the mini-size Q series, cost-efficient X series, energy saving Z series, AI built-in M series and high-performance LIVA One series for different applications, such as smart retail with facial recognition for digital signage, smart conferencing for business intelligent, edge computing for AI solutions and home entertainment for light gaming demands and so on.
Please click on the link below:
IoT enables secure financial inclusion in India
Publication- Inventiva
Edition- Online
Date- 30 May, 2019
According to a report by World Bank, 1.7 billion individuals in the world still remain unbanked.Financial inclusion of these people is critical. Lending small amounts to buy a smartphone is one of the innovative ways that consumer lending & fintech companies have identified, to bring such people in the fold of organized credit. Such loans help lending companies build user profiles and their credit scores, allowing larger amounts to be disbursed basis favourable scores. But such loans come with their fair share of challenges; for instance, the challenge with financing smartphones is that the lender doesn’t have any real control over the asset.
On one hand, Financial Inclusion gives the underserved population a fair chance to strengthen their economic conditions and lead a quality life. On the other, lenders still shy away from the market due to perceived higher credit risk. Odyssey– a Fintech solution by Datacultr, an IoT enablement platform, reduces this credit risk using a combination of IoT technology at its core, machine learning for predictive fraud detection & customer education.
Please click on the link below:
Big data expo highlights 5G technology
Publication- CGTN
Edition- Online
Date- 30 May, 2019
This year's International Big Data Industry Expo concluded on Wednesday. Hundreds of tech firms from more than 50 countries showcased their latest technologies during the four-day event. 5G, unsurprisingly, was a focal point. In the Huawei pavilion, the leading player in 5G technology demonstrated how advanced the technology is via an interactive scenario – whatever one writes or paints on a pad, the robotic arm beside it would recreate it almost simultaneously. This demonstration illustrated one of its advantages – low latency, which is expected to empower such things as telemedicine and automated driving.
A tech firm from Shenzhen simulated a bus-driving scene, where a driver would receive an alert from a smart safety warning system if he or she dozes off or is distracted by a phone. The system functions a lot better with the help of 5G.
Please click on the link below:
Decision making made simpler with data analytics
Publication- Money Control
Edition- Online
Date- 30 May, 2019
As the Banking and Fintech sector are moving forward in the digital space, there are many key aspects they are looking at to keep an eye on. Data analytics is one of the key technologies that is going to make a crucial difference in moving forward. “As the digital revolution is transforming the banking and Fintech industry, analytics will play a significant role in various capacities.
Customers will continue to experience more personalised content, products and services that will help them take clever buying decisions. Customer Service 2.0 will become more efficient and smarter with the evolving AI assistants and chatbots. Financial Apps will also become more efficient and secure with the integration of AI based services like face and voice-based authentication,” says Dharmesh Kishore, AVP Data Platform, Innoviti Payment Solutions.
Please click on the link below:
Tata Communications expects IoT platform to bridge gaps
Publication- Money Control
Edition- Online
Date- 30 May, 2019
Tata Communications expects to address issues hampering development of the internet of things (IoT) ecosystem in India through its marketplace, which started. "There is lack of standardisation, interoperability and connectivity in the available IoT technologies today. These factors, along with security concerns, tend to slow its adoption in the market.
Our proposition in the IoT space gives us an opportunity to get a holistic view of the sector and bridge the current challenges faced in its adoption," Alok Bardiya, head of internet of things (business unit), Tata Communications, said in a statement. The Marketplace IoT will connect most of the consumer durables, utility equipments, automobiles, office peripherals with internet to enable their operation and control with the help of sensors and commands set up by their users from anywhere across the globe.
Please click on the link below:
Comments