Go Ignite, an alliance of the world’s leading telcos including Orange, Deutsche Telekom, Singtel and Telefonica, announced the winners on Sept. 11 of the second global search for startups that offer the most innovative solutions for three key technologies including Consumer Experience Artificial Intelligence, Connected Homes, and Internet of Things (IoT) Cyber Security. Consumer Experience AI refers to the use of new technology to provide personalized or new forms of customer support. Connected Homes are solutions that use software and/or…
One of the largest automotive suppliers in the world, ZF Friedrichshafen, known as ZF, said it will adopt a selection of SAP software solutions to help transform its global IT landscape. The implementation and integration of the solutions will help provide the company with a single source to connect with suppliers, customers and business networks. SAP’s software, including SAP S/4HANA and SAP BW/4HANA, will provide ZF with the foundation for new digital business models. The software was selected by ZF…
Young consumers across Asia Pacific are now the core driver for new communications services and will have an impact on operators’ business, said Zhou Jianjuan, Vice President of Huawei’s Carrier Business Group, speaking at the Asia Pacific Emerging Markets Summit in Bangkok, Thailand, on August 29. Zhou said young consumers today account for more than half of Asia’s fast-growing population and have grown up as mobile phone and computer users with high expectations of technology. Huawei, he said, sees three…
Amazon and Microsoft announced that Alexa, Amazon’s AI personal assistant, will soon be able to communicate with Cortana, the personal assistant for Windows 10, and vice versa. Users of Amazon’s Alexa-controlled Echo speaker will be able to turn on their device and say, “Alexa, open Cortana,” or turn to their Windows 10 device and say, “Cortana, open Alexa.” The two US technology giants said Alexa and Cortana will begin talking to each other later this year. Under the agreement, Microsoft…
Accenture and Apple have partnered to help businesses transform how their people engage with customers through innovative business solutions for iOS. The partnership will take full advantage of the iOS platform, and Accenture’s capabilities as a leader in industry and digital transformation, to help companies unlock new revenue streams, increase productivity, improved customer experience and reduce costs. Accenture will create a dedicated iOS practice within Accenture Digital Studios in select locations around the world. Experts from Apple will be co-located…
The United Nations (UN) Environment Program, an agency that coordinates the UN’s environment activities, recently signed a Memorandum of Understanding (MoU) with Safaricom, Kenya’s largest telecommunications provider, aimed at heightening the implementation of Sustainable Development Goals (SDGs), which focus on protecting and conserving the environment. UN Environment has urged Kenya’s private sector to collaborate with them in implementation of the SDGs that will help curb climate change. The 17 SDGs cover areas such as climate change, economic inequality, innovation, sustainable…
Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson. As part of the investment, Francisco Partners invests US$200 million to acquire a 16.7 percent ownership in iconectiv. The partnership between Ericsson and Francisco Partners will enable iconectiv to accelerate growth and deliver shareholder value. Headquartered in the United States, iconectiv develops solutions that enable operators to interconnect networks. The company's solutions are used by more than 1,200 service providers, regulators,…
The Walt Disney Company has agreed to acquire majority ownership of BAMTech, LLC and will launch its ESPN-branded multi-sport video streaming service in early 2018, followed by a new Disney-branded direct-to-consumer streaming service in 2019. The company plans to end its distribution agreement with Netflix. Under terms of the transaction, Disney will pay $1.58 billion to acquire an additional 42 percent stake in BAMTech—a global leader in direct-to-consumer streaming technology and marketing services, data analytics, and commerce management—from MLBAM, the…
Ericsson has become a member of a consortium led by operator Zain Kuwait. The consortium will carry out a large digital transformation project for local utilities. The project will be completed by 2024 and as the sole technology partner, Ericsson will deploy a new smart metering solution. The Enterprise and Cloud Billing solution implemented by the consortium will make it easier for the Ministry of Electricity and Water to collect revenue and distribute energy consumption over time. It will also…
Asia Pacific OTT (over-the-top) revenues from TV episodes and movies on platforms such as Netflix will reach $24.41 billion by 2022, according to Digital TV Research, which is triple the $8.27 billion recorded in 2016. The total will increase by nearly $3 billion in 2017 alone, the report says. China will command half of the OTT revenues for the 22 countries covered in the Asia Pacific OTT TV and Video Forecasts report by 2022, increasing from just over a third…
Global blockchain specialist firm ConsenSys is launching the first cohort of its ConsenSys Academy Developer Program on August 1st, 2017. The ConsenSys Academy Developer Program is a first-of-its-kind, end-to-end blockchain training program. It begins with Phase1, an immersive online module that will kick off with a welcome video from Joseph Lubin, the co-founder of Ethereum and founder of ConsenSys. High performing students will be invited to Phase2 of the program taking place in Dubai, the global hub for blockchain leadership…
The Nasdaq Stock Exchange in the US confirmed it has purchased a London-based regulatory technology firm called Sybenetix which uses artificial intelligence to catch rogue traders. Nasdaq said it will pay an undisclosed amount for the firm and said it intends to fund the purchase with cash. Nasdaq president and CEO, Adena Friedman, said in a release, “Nasdaq is investing in the technologies, talent and capabilities that solve the complex challenges our clients face.” Friedman added, “We believe behavioral science,…
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