Snom, the premium brand for IP based communications, is celebrating a successful year in business after reaping the rewards of its international outlook. This year, Snom’s business skyrocketed in both Spain and Italy. In other European regions, such as France, the United Kingdom and DACH, the manufacturer preserved its market share and it also increased its presence in the Middle East.
China’s telecommunication landscape is set for a potential paradigm shift as the Ministry of Industry and Information Technology (MIIT) pilots a novel scheme to alleviate foreign ownership constraints in various value-added telecom services. Primarily trialed in Beijing, Shanghai, Hainan, and Shenzhen, this bold change could stimulate innovation by aligning these industries with global trade norms.
With a hefty $6.6 billion subsidy by the U.S. government, Taiwan Semiconductor Manufacturing Co (TSMC) embarks on an unprecedented development in semiconductor industry. This boost is not only expected to foster job creation with an estimate of up to 6,000 high-tech positions but also promises to democratize access to advanced technologies.
Telcos worldwide are shifting their focus towards small and medium-sized businesses (SMBs) as they navigate intensifying competition and changing economic conditions. This move comes as telcos recognize the potential of SMBs as drivers of economic growth and vital components of local business landscapes. GlobalData, a leading data and analysis company, highlights this strategic shift in a recent report.
A recent study by Juniper Research, a leading authority in telecommunications markets, has unveiled a sobering forecast for operators’ revenue derived from business SMS traffic in 2024. Contrary to previous years’ robust growth, the study anticipates a mere 5% uptick in revenue, marking a significant decline from the previous year’s 23% surge.
Three UK’s latest financial report reveals a concerning swing to a loss, underscoring the company’s pressing need for a merger with Vodafone, as articulated by its chief executive. Despite experiencing growth in both revenue and customer base last year, the mobile operator faced increased capital spending and operating costs, leading to its first earnings loss in over a decade. This financial downturn has been a pivotal factor in advocating for the proposed merger with Vodafone, according to Three UK’s CEO, Robert Finnegan.
The radio access network (RAN) equipment market experienced a significant downturn last year, as highlighted by recent reports from Omdia and Dell’Oro. These reports, drawing from detailed market analysis, reveal a challenging period for the industry, with global RAN revenues dropping by 11% to just over $40 billion.
Amid challenging market conditions, Nokia emphasizes preserving patent portfolio value over timelines. Despite an optimistic outlook, their declining Q3 net sales and plans to curtail costs speak volumes. Nokia’s pivotal contracts loss to Ericsson hits hard, showcasing the constant flux in the telcos sphere.
By the end of the first quarter 2018, revenues from the CRM (Customer Relationship Management) market had outperformed those of DBMS (DataBase Management Systems), making CRM the largest market in the software industry. For the period January to December 2017, CRM software sales generated $39.5 billion, compared to $36.8 billion for DBMS. According to expert predictions, it is expected that revenues for CRM software will remain the top market performer for 2018, and will also show the highest growth rate of 16%. Growth will be driven by lead management, customer opinion management, and after-sales management software, each of which has been growing at over 20% during the past 18 months. The CRM solution providers covering the entire customer relationship cycle, including after sales service, are the fastest growing, thanks to their ability to cross-sell additional modules.
