Industry

This section deals with latest developments in the local as well as global telecom and IT industry. Besides news, this section also offers expert opinion, analysis and interviews of the industry professionals

Industry Stalwarts Laud Interim Budget 2019

Industry Stalwarts Laud Interim Budget 2019

February 1, 2019 at 6:01 pm 0 comments

Union Finance Minister Piyush Goyal today presented the interim budget, also called Vote on account. This interim budget seeks Parliament nod for expenses for next 6 months. A full budget will be presented when a new government takes office post election which is slated for sometime around April, 2019. DespiteRead More

Global Smartphone Market In A Mess : IDC

Global Smartphone Market In A Mess : IDC

February 1, 2019 at 11:25 am 0 comments

IDC in its recent report on global smartphone market said smartphone vendors shipped a total of 375.4 million units during the fourth quarter of 2018 (4Q18), down 4.9% year over year and the fifth consecutive quarter of decline. The quarter closes out the worst year ever for smartphone shipments withRead More

Ericsson Bets Big On Cellular IoT, Lays Out Vision Plan

Ericsson Bets Big On Cellular IoT, Lays Out Vision Plan

January 31, 2019 at 5:12 pm 0 comments

Ericsson Thursday unveiled its vision plan for cellular IoT and launched new solutions that will enable service providers to address a larger part of the IoT market including automotive, manufacturing, and utilities. Ericsson outlines cellular IoT evolution in four market segments: Massive IoT, Broadband IoT, Critical IoT, and Industrial AutomationRead More

What Will Be The Top Banking Trends For 2019?

What Will Be The Top Banking Trends For 2019?

January 29, 2019 at 4:40 pm 0 comments

Infosys Finacle, part of Infosys’ subsidiary EdgeVerve Systems, today released its annual banking trends forecast for the year 2019. The report, based on consultation with subject matter experts and experience of working with banks in 100 countries, captures twelve business and technology trends that will influence banking over the nextRead More

Ericsson Launches AI Based Managed Services Solution

Ericsson Launches AI Based Managed Services Solution

January 29, 2019 at 1:37 pm 0 comments

Ericsson Tuesday launched an artificial antelligence or AI based managed services offering for telecom service providers. Named Ericsson Operations Engine the solution offers end-to-end managed services using AI, automation, data analytics, network design and optimization, and applications development and maintenance. The Ericsson Operations Engine directly and proactively addresses service providers’Read More

AI Implementation Grew 270% In Last 4 Years : Gartner

AI Implementation Grew 270% In Last 4 Years : Gartner

January 21, 2019 at 3:09 pm 0 comments

The number of organisations implementing artificial intelligence (AI) grew 270 per cent in the past four years and tripled in the past year, according to the Gartner, Inc. 2019 CIO Survey. Results showed that organisations across all industries use AI in a variety of applications, but struggle with acute talentRead More

ClearTax Launches an AI-led Tax And Finance Planner

ClearTax Launches an AI-led Tax And Finance Planner

January 21, 2019 at 11:43 am 0 comments

ClearTax, a tax, finance, and compliance solutions provider, has launched a new AI-based tax and financial planning algorithm on the ClearTax Invest platform. The algorithm will provide investors with the accurate and personalized assessment of their investment profile based on their financial data, income, etc. and tell them exactly howRead More

RCom Part-Pays Rs 131 Cr, Gets Four Weeks To  Respond Ericsson’s Contempt Plea

RCom Part-Pays Rs 131 Cr, Gets Four Weeks To Respond Ericsson’s Contempt Plea

January 7, 2019 at 6:07 pm 0 comments

RCom Monday said the Supreme Court has granted it four weeks of time to respond to Ericsson’s contempt petition. The contempt petition filed by the Swedish telecom major has requested the apex court to detain RCom Chairman Anil Ambani under civil law. The petition has also sought orders from theRead More

Ericsson Sensationalising Issues : RCom

Ericsson Sensationalising Issues : RCom

January 7, 2019 at 11:23 am 0 comments

Anil Ambani-led Reliance Communications (RCom) has accused Ericsson of distorting facts and sensationalising the contempt petition filed against the telecom operator. It said this may impact its repayment to other creditors. “It is deeply regrettable that Ericsson India Private Limited (Ericsson), an operational unsecured creditor, is attempting a trial byRead More

Global IoT Spending To Reach $745 Bn In 2019

Global IoT Spending To Reach $745 Bn In 2019

January 4, 2019 at 10:19 am 0 comments

Research firm IDC predicts that worldwide spending on the Internet of Things (IoT) to reach $745 billion in 2019, an increase of 15.4% over the $646 billion spent in 2018. IDC expects worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period and surpass the $1Read More