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Forrit reveals that 89% of marketers and tech leaders are optimistic that Web 3.0 and metaverse can revolutionise interactions with the web.
IT

Web O.No: Metaverse and Web 3.0 Stunted by Internet Chaos, Warn 87% of Business Leaders

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A new study launched by Forrit, the next-generation, global content management system (CMS) provider, reveals that 89% of senior marketers and tech leaders are optimistic that Web 3.0 and the metaverse have the potential to revolutionise the way we interact with the web. However, the report, titled Web O.No: your business’ bleak online future and how to avoid it uncovered that 87% believe the current state of the internet will stunt these innovations – and none of the respondents have websites that are currently equipped for this transformative new internet era.

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Vodafone Carrier Services introduced Scam Signal, an API aimed at countering impersonation scams, within the realm of APP fraud.
Telco Buzz

Vodafone Launches Scam Signal API to Combat Impersonation Fraud

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Vodafone Carrier Services, the wholesale arm of Vodafone Business, has introduced Scam Signal, an API aimed at countering impersonation scams, particularly within the realm of Authorised Pushed Payment (APP) fraud.

This new API, Scam Signal, has demonstrated promising results, boasting a 30% improvement in scam detection during a successful pilot with a UK bank over three months.

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Nokia has reportedly cut orders with supplier Foxconn Industrial Internet, based on insights delivered by anonymous sources.
Market Watch

Navigating Clean Network Compliance: Nokia’s Shift from Foxconn

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Embracing certain compliance measures with the U.S. ‘Clean Network’ program, Nokia seemingly reduced its orders with supplier Foxconn Industrial Internet, marking another move away from China-based telecoms equipment. Though these adjustments primarily impact specific equipment types, both entities express an unusual blend of caution and resilience.

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Telecom News | Week #16: Data center growing demand, Nokia profit surge, Telesystem cybersecurity bundle launch, use of GIS technology.
News Roundup

A quick roundup of the news in Telecoms | Week #16

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The demand for data centers is soaring due to edge services and generative AI. Nokia’s first-quarter results showed a 19% drop in sales but a notable 52% profit increase. Telesystem has launched new cybersecurity bundles featuring updated Employee Security Awareness Training. Utility companies are using GIS technology to address infrastructure, workforce, and demand challenges.

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Fujitsu Limited and Oracle joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs.
Market Watch

Fujitsu and Oracle Collaborate on Sovereign Cloud and AI Solutions

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Fujitsu Limited and Oracle have joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs of Japanese enterprises and government agencies. This collaboration focuses on leveraging Oracle Alloy to enhance Fujitsu’s Hybrid IT offerings, particularly its Fujitsu Uvance platform designed to assist clients in business growth and societal problem-solving.

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Letta's report underlines fragmentation faced by the European telecoms sector, with its markets serving an average of 5 million customers.
Telco Buzz

Balancing Market Unity and Diverse Telecom Opportunities in EU

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Letta’s recent report underlines the fragmentation faced by the European telecoms sector, with its 27 separate national markets serving a mere average of five million customers. Highlighting the necessity for unification and increased scale for cost-effective innovation, the report aims to strengthen the sector’s competitiveness, fueling new advancements like edge computing and IoT.

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The Japanese government has passed a significant amendment to longstanding telecom regulations, marking a pivotal moment for NTT.
Telco Buzz

Japanese Government Amends Telecom Regulation, Empowering NTT and Sparking Rival Concerns

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In a recent development, the Japanese government has passed a significant amendment to longstanding telecom regulations, marking a pivotal moment for NTT, the country’s telecom giant. The amendment, announced by NTT on Wednesday, encompasses several key changes, including the liberation from R&D information sharing obligations and the allowance for non-Japanese directors on its board.

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The UK Government's newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from disruptions.
Market Watch

Critical Imports Council: Bolstering UK’s Tech Supply Chains Amid Global Instability

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The UK Government’s newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from unpredictable global supply chain disruptions. Business and Trade Minister, Alan Mak, highlights strengthening critical goods supply against real-world crises through collaborative efforts with industry experts. With representation from diverse sectors including telecommunications, the council will focus on assessing risks and creating robust mitigation strategies.

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