Four powerhouse telecom companies have forged an alliance to harness the potential of Artificial Intelligence (AI), revolutionizing customer experiences and uncovering potential business opportunities. This alliance, brought to life in Seoul, South Korea, promises to co-develop a Telco AI Platform, pioneering new AI services, like digital assistants and super apps. The initiative has been seen as a forward-thinking response to the escalating global interest in AI within the telecommunications industry. Imminent discussions at the Total Telecom Congress will shed more light on this transformational feat.
Five9, Inc., a provider of the Intelligent CX platform and listed on NASDAQ as FIVN, announced today that Frost & Sullivan has recognized it as a Growth and Innovation leader in the Frost Radar™: European Cloud Contact Center Market, 2023. The Frost Radar™ report highlights key criteria, including the company’s long-standing presence in Europe, consistent growth, effective go-to-market strategies, robust customer support, commitment to local markets, and investments in transformative technologies such as AI integration.
Allot Ltd. is chosen by a major Asian telecom operator to provide Allot DNS Secure, offering cybersecurity threat protection and parental control features to over 50 million customers. Digital Locations unveils technology to connect smartphones worldwide to high-speed Internet from satellites, promising commercial success. Veeam integrates Veeam Backup for Microsoft 365 with Microsoft’s new 365 Backup. Verizon showcases a point-to-multipoint internet solution using mmWave spectrum, reducing costs and complexities. Bridewell’s research warns of environmental challenges amplifying cybersecurity risks for over 80% of U.S. critical infrastructure organizations.
The Linux Foundation-led Ultra Ethernet Consortium brings AMD, Arista, Broadcom, and others together to refine ethernet architecture, addressing the escalating network requirements of AI and high-performance computing. Pledging to enhance ethernet performance, the alliance will leverage ethernet’s adaptability, ensuring scalability and cost-effectiveness for diverse workloads. Aiming for a holistic tune-up rather than a complete overhaul, consortium endeavours will encompass detailed protocols, signaling mechanisms, and software solutions.
The Competition and Markets Authority, UK’s competition watchdog, leans towards approving Broadcom’s monumental $61 billion takeover of VMware, after an in-depth Phase 2 investigation. The pivotal concern was whether it would discourage innovation due to reduced competition in the server market. However, the analysis suggests that competition in UK’s server hardware component supply won’t be notably hindered by the deal. This takes Broadcom a step closer to becoming one of the world’s largest server virtualisation software suppliers.
As companies globally adopt innovative strategies, leveraging considerable commercial benefits from their 5G investments is at the forefront. Pioneered by Chinese service providers, the paradigm shift towards traffic value-based operations has significantly enhanced revenue. Unique 5G experiences such as ultra-high speed and low latency have unlocked new function scenarios, exemplified by the booming live broadcast industry in China. Meanwhile, European and Middle East counterparts effectively implement rate-based charging models, showcasing the versatility of the 5G platform. This status quo suggests that as we advance, the necessity to adapt traffic value-oriented operations for effective monetization becomes paramount, opening new revenue vistas and novel business models.
In a groundbreaking advancement set to redefine 6G services, field experts are experimenting with brain-inspired computing. Noted engineers from King’s College London and Princeton are spearheading a project aiming to enhance the integration of AI in wireless communications systems. This strategic initiative, fuelled by support from prominent bodies like the ESPRC and NSF, has the potential to reshape sectors such as mobile health care and robotics.
Belgian telecoms group Proximus’ recent investment catapults it deep into the global Communication Platform-as-a-Service (CPaaS) sphere. By acquiring a majority stake in India’s Route Mobile, the company fortifies its ambitions of becoming a global industry leader. This move isn’t just about ownership, but a mutually beneficial partnership, expected to drive substantial value and facilitate significant market expansion.
The premier Japan-EU Digital Partnership Council has unveiled a refreshingly ambitious approach towards bolstering global connectivity. Highlighting fundamental areas of mutual support, an intriguing plan of Arctic submarine network expansion piques interest. Meanwhile, an equally significant strategy promotes semiconductor industry growth, echoing an urgent call for autonomy in the global supply chain. These pacesetting initiatives promise not only to redefine EU-Japan ties, but also to spark essential digital security dialogues for the evolving tech landscape.
Outpacing the global auto industry, Zeekr, a subsidiary of Geely, has launched a groundbreaking 5G-enabled factory in Ningbo, China. Developed alongside China Unicom Zhejiang, this advanced facility leverages 5G for superior data processing, revolutionizing car manufacturing customizability. However, obstacles such as infrastructure robustness and data security come with the territory of employing 5G in production processes. Nonetheless, the potential of this intelligent blend of automotive and digital tech seems irresistible, prompting worldwide industry attention towards Zeekr’s trendsetting venture.