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Tag: telecom

  • Huawei, China Mobile to back Haier for 5G-powered smart manufacturing solutions

    Huawei, China Mobile to back Haier for 5G-powered smart manufacturing solutions

    Huawei and China Mobile are supporting Haier, China’s largest consumer electronics and home appliance producer, in successfully applying innovative manufacturing solutions combining 5G and mobile edge computing in its smart factories.

    Developed at the joint-innovation base established in February, the solutions integrate 5G edge computing with artificial intelligence and particularly machine vision in manufacturing environments. They are applicable to various manufacturing scenarios where they can perform a variety of functions. Haier has launched the technologies at seven smart factories in China, and plans to expand the implementation at 20 factories by the end of 2022.

    Huawei is expected to help Haier deploy the 5G solutions and transform about 100 of its manufacturing facilities globally within five years. The three also plan to offer the technologies to other leading manufacturers in China and abroad.

    5G provides manufacturers with a lot of bandwidth —up to 20GBps— and latencies as low as 1 millisecond. Mobile edge computing, one of 5G’s main features, delivers extremely low-latency cloud computing. However, it is still at a nascent stage for manufacturers aspiring to take advantage of 5G’s full capabilities.

    The solutions enable the implementation of high-performance machine vision in a manufacturing environment through low-latency connections between high-definition cameras, the AI modules at the factory site, and the training servers located off-site.

    Deployed on a 5G-enabled production line, machine vision saves manufacturers costs by rapidly performing QC checks with over 99% accuracy, at least 10% more accurate than without the function. Compared with the visual inspection performed by humans, machine vision delivers much fewer false-positive and false-negative results.

    The three partners also developed technologies to boost site and staff safety. Unlike traditional video surveillance systems that only have a recording function, AI surveillance can automatically create alarms in real-time when it detects anomalies on the factory floor. The technology can identify non-authorized individuals, process safety violations, and workers who aren’t where they should be.

    In addition, the new solutions help to efficiently coordinate the large number of people, machines, and materials involved on a complex production line as a whole. The solutions achieve this through high-definition cameras, 5G gateways, and smart industrial terminals that work in unison with the help of artificial intelligence.

    In future, the solutions will be further improved to provide “digital twins” visualization. Digital twin is the reproduction of a real and dynamic production floor into a virtual digital world, a meta-universe. Digital twin makes just-in-time preventive maintenance a reality and enables the simulation of changes to the production process before they are implemented. The three are also experimenting with how 5G environment can support automated guided vehicles to transfer items in warehouses or manufacturing lines more accurately and efficiently.

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  • 5G: Enabling more than just connectivity

    5G: Enabling more than just connectivity

    5G, in many ways, is still in its infancy. The good news is that it is growing and evolving quickly. Much has been said (and written) about the theoretical benefits of 5G: High speeds, low latency and massive connection density. But, not many organizations understand what 5G actually means for their industrial environments. Many organizations—while intrigued by the possibilities of incorporating 5G into their operational and customer-facing processes—often lack the resources to experiment and invest in a long-drawn cycle of “unproven” innovation.

    Hence, it is important for organizations to work with suitable partners. They have the foresight and resources to further flesh out various 5G proof of concepts and understand how these concepts mesh with the organization’s broader digital transformation agenda.

    IDC has identified a few 5G use cases that will have maximum impact across verticals:

    Process automation and robotics
    5G addresses the challenges of today’s static manufacturing lines, increasing machines’ mobility. This reduces the time required to service the machines and allows them to be reconfigured on the fly. In addition to supporting such automation and robotics use cases on public networks through network slicing, the 5G network’s ultra-low latency will allow robotic controls to be processed at the edge, creating further opportunities to improve machine coordination and reduce costs.

    Cloud gaming
    5G and multi-access edge computing is going to further accelerate the adoption of mobile cloud-streamed gaming (CSG) services. When users are mobile and on a cellular network, their experiences often vary to a much greater extent today. This relative network unreliability puts mobile CSG services at a significant disadvantage versus wired/Wi-Fi services. The gaming market is set to explode as network operators bring more 5G mid-band spectrum online in the next few years.

    Autonomous vehicles
    The pathway to increased guided and vehicle autonomy will be largely built on the promise of 5G delivering Society of Automotive Engineers (SAE) Level 4 full self-driving vehicles, as well as accelerating SAE Levels 1 and 2 vehicle growth over the next five years. 5G-based cellular vehicle to everything (C-V2X) will significantly enhance all types of vehicular communication. 5G’s ultra-low latency and network slicing characteristics, together with edge cloud, will enable innovative applications, resulting in safer and more cost-effective transportation.

    Video analytics and surveillance
    Wireless has been somewhat problematic for applications such as video surveillance due to network capacity, reliability and security issues. IDC believes that 5G will propel wireless video surveillance to become a dominant force over the next five years. An increasing number of applications such as wireless perimeter control, aerial drones and home security systems will increase demand for wireless technology that can support high-resolution video securely. 5G along with edge compute will ensure secure and timely ingestion and processing of video feeds to help organizations make data-driven decisions in real-time.

    Immersive experiences
    5G provides organizations with exactly what is needed of networks to transform B2B2C consumer experiences by satisfying the appetite for immersive entertainment, gaming and broadcast experiences. In addition to mobile augmented reality/virtual reality (AR/VR) being used by field and repair technicians who operate far from a central office, there is a considerable opportunity for entertainment venues and sports arenas to provide a 360-degree VR experience at large-scale events such as sports meets and music concerts. Current network generations lack the throughput and capacity required to deliver high-definition content, but 5G, along with edge deployments, allows for ultra-low latency and processing times that are required to deliver a real-time and enhanced immersive experience.

    Industry 4.0 is acknowledged as a transformative series of initiatives around how we make and distribute goods. 5G is poised to have a significant impact across verticals such as manufacturing, healthcare, logistics, media and smart cities. IDC believes that a large number of organisations will boost spending on 5G in 2021-22. Asia Pacific (excluding Japan) regional Internet of Things use case spend across manufacturing, resources and infrastructure is forecast to hit US$295 billion in 2025. With such investments in play, organisations should look out for a service provider—with a platform-based approach to 5G, a broad partner ecosystem and a proven track record of helping organisations on their digital transformation journeys—to evaluate potential 5G use cases and get started early to gain a significant edge over their competitors.

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  • TPG Telecom triples 5G coverage

    TPG Telecom triples 5G coverage

    TPG Telecom has reached over 85 percent 5G population coverage in ten of Australia’s largest cities and regions as it delivers a smarter 5G network faster following last year’s merger.

    Capable of delivering speeds of more than 400Mbps, 5G coverage is available in Sydney, Melbourne, Brisbane, Adelaide, Perth, Canberra, Gold Coast, Sunshine Coast, Wollongong, and NSW Central Coast.

    The milestone has been achieved with the launch of the company’s 5G standalone core, which connects devices directly to 5G without the need for a 4G connection, supercharging its 700MHz spectrum holdings.

    TPG Telecom Chief Executive Officer Iñaki Berroeta said the 5G standalone core is a game-changer for the company and its mobile and home internet customers.

    “This is truly a pivotal moment for TPG Telecom and sets us up to deliver 5G’s full potential,” Mr Berroeta said. “The upgraded core network has amplified our 700 MHz spectrum, tripling our 5G coverage and giving us greater reach across suburbs and in densely populated areas. This will give us a competitive boost going forward, with our 5G coverage on par or ahead of other mobile networks in many areas. It not only means more coverage in more places for mobile customers, it also significantly increases our 5G fixed wireless footprint.”

    “Two in three Australians are now covered by our 5G where they work and live, and with the first major device due to be upgraded to work with standalone 5G in just a few weeks, the new coverage is ready.”

    Mr Berroeta said the 5G standalone core was a multi-year project as part of the company’s 5G network roadmap.

    “This puts us firmly on the 5G map, and the project completion is a testament to our network team who skillfully navigated challenges including lockdowns and the 5G vendor restrictions,” he said.

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  • Huawei committed to being preferred partner for digital transformation in APAC

    Huawei committed to being preferred partner for digital transformation in APAC

    Huawei’s first flagship event for Asia-Pacific (APAC) region ICT industry – Huawei Connect 2021 – Asia Pacific launched on Friday, themed “Dive into Digital in Asia-Pacific”, explores how digital technology can better integrate with business scenarios and industry know-how to address critical business challenges, and how stakeholders can work together more effectively to foster an open industry ecosystem and drive shared success.

    This event has featured three keynotes and opening remarks with around 15 CXOs from government and commercial sectors across APAC like Sunseap Group, KBank, University Malaya, Union Bank, Toyota Astra, Bank Central Asia (BCA), UCARS, and government guests to share their vision and experience on digital transformation in APAC.

    In Jeffery Liu, the President of Huawei Asia-Pacific keynote, he spoke that digital transformation is more real and urgent than ever. Huawei will leverage innovative ICT technologies to help customers accelerate digital transformation. In Asia Pacific, Huawei will focus on the 4 areas: Cloud services, Low-carbon development, Innovative digital infrastructure, building partner ecosystem, and training digital talents. Huawei is committed to be the preferred partner for digital transformation in the region”

    Jeffery said, “In Asia Pacific, HUAWEI CLOUD operates in 7 Availability Zones and has local service teams in over 10 countries. Huawei combines digital and electronic technologies to develop innovative digital power services by using energy as efficiently as possible, and minimizing the carbon footprint of ICT infrastructure by leveraging clean power generation, electric transportation, and smart energy storage, supporting our customers to save energy and protect the environment. Every year Huawei invests over 10% of revenue into R&D, delivers value to the industry and society through innovation, and helps our customers go digital with innovative and reliable products and solutions. In the next five years, we will continue to train over 100 thousand ICT professionals in Asia-Pacific to strengthen the talent root for digital transformation.”

    In the sharing session of Digital Leadership, Professor Alex Siow from NUS shared on how emerging digital technologies have changed various industries, and how these technologies will evolve along with the effects of the pandemic. “Digital leadership is the strategic use of a company’s digital assets to achieve business goals and digital leaders shall explore how technology can be used to help their business become much more responsive to the needs of their customers and the ever-changing business requirements. Digital leaders must lead the way in digital transformation and help the customers more digital and more agile for the adoption of rapid acceleration of technological changes,” said Professor Alex Siow.

    The event is honored to invite key companies like PSA Corporation Ltd, Sunway Berhad Malaysia, Integrated Health Information System (IHIS) Singapore, Singapore Press Holdings (SPH) and Prof. Dr. De Crème from NUS to participate in the open panel discussion, shared their thoughts on thriving as a digital enterprise and to help the industry leaders approach business transformation from a different perspective.

    During the panel discussion, Ho Vee Leung, Head of Infocomm Technology & Data from PSA shared the benefits of technology, like how 5G, which is capable of large bandwidth and low latency wireless transmission, enables real-time control of mobile equipment in the open port environment, and how Intelligent IoT technology has enabled energy consumption within the terminals to be better managed and optimized, balancing peak and trough demand and reducing the risk of power-related disruptions.

    Alan Goh, Assistant Chief Executive of IHIS also shared how IHIS utilized technology to create value in the healthcare industry. Alan shared the example of the vaccination program in Singapore and how they integrated technology to enable real-time updates of the vaccination process.

    Kevin Khoo, CIO from Sunway Berhad Malaysia shared his rich experience in managing a large conglomerate in the digital transformation journey and the importance of close partnership with vendor.

    Glen Francis, CTO of SPH mentioned that leadership and stakeholder alignment is important especially when building new technology tool or platforms in the organization and communication is an important part in overcoming the challenges of the digital transformation journey.

    At the discussion, Nicholas Ma, the President Huawei Asia Pacific Enterprise BG pointed out that Digital transformations is not a plug-and play strategy revealing immediate results. Two areas are essentially important for digital transformation, one is the organization and the other is technology. To tackle the skills issue and improve organizational agility, Huawei will continue to invest in digital talents cultivation and work closely with partners to provide more scenario-based solutions in their digital transformation journey.

    “As new technologies like Cloud, and AI continue to be mature, the application of digital technologies is expanding beyond the office and into production systems of the industries, which will change or improve productivity. Together with our partners, we take the time to truly make the best use of our leading technologies and solution, to understand our customers’ businesses, particularly the challenges they are facing, and then develop tailored solutions to support them. To do this, we have built 13 Open Labs around the world to support joint innovation, in Asia Pacific, we have OpenLabs in Singapore and Thailand.” further shared by Nicholas Ma.

    Brandon Wu, CTO of Huawei Asia Pacific Enterprise BG mentioned that Huawei plans to provide enterprises with a consistent experience while using cloud-native applications that are not constrained by geographical, cross-cloud, or traffic limitations. Huawei is also leveraging ICT innovations for energy saving and sustainability, by introducing green sites, improving data center network efficiency, and binging green connectivity by extending more optical connections to home and campus networks, to further reduce power consumption.

    Brandon Wu also elaborated latest innovations that Huawei will bring to the market：

    Huawei OptiXsense Solution and a product model EF3000 which is able to measure the vibration of the laser, to sense the environment changes of the object under monitoring, to significantly reduce the false alarms.

    Digital Offices, powered by intelligent “Office Twins” – Wi-Fi 6e AP and HUAWEI IdeaHub. They will supercharge your meeting room experiences and office productivity with ubiquitous gigabit and seamless collaboration.

    The industry’s first deterministic IP network solution, which supports multi-hop networking of tens of thousands of nodes, so it can deliver deterministic IP network performance, making lights-out digital factories a reality.

    Hybrid Optical transmission network (OTN), by combining both the technology advantages between PON and OTN together, Huawei introduced H-OTN for the first time to the market, the packet loss can now be minimized and the reliability can reach five 9s for mission-critical services.

    OceanStor Pacific, the industry’s first distributed storage for High-Performance Data Analytics (HPDA). This solution breaks the silos of data processing between big data, AI, high-performance computing, and streamlines multiple storage capabilities into one single device, with adaptive data flow for large and small size IOs.

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  • 5G innovations and policy-making key to digital evolution in the Asia Pacific

    5G innovations and policy-making key to digital evolution in the Asia Pacific

    In conjunction with Huawei’s 12th Global Mobile Broadband Forum (MBBF), Telecom Review Asia Pacific interviews Daisy Zhu, vice president of Huawei Wireless Marketing to learn about the direction of 5G evolution and key trends that shape the development of the wireless industry in the Asia Pacific region.

    We are in the dawn of a new digital age where 5G represents a milestone in the advancement of mobile communications. In just over 5 years since the ITU released its vision for 5G, there are now 176 commercial 5G networks around the world, deployed over 1.5 million base stations to more than 500 million 5G users. Recognized as a key driver for the digital economy, 5G has a transformative impact on lives and societies where it is deployed.

    In the consumer market, where average 5G download speeds are now 10 times faster than 4G and HD video buffer times reduced from 3 seconds to just half a second, Daisy Zhu, vice president of Huawei Wireless Marketing cited notable network growth as 5G offers enhanced user experiences on more immersive OTT content and applications. The use of artificial intelligence (AI) and virtual reality (VR) to create better-simulated experiences is, in turn,also fuelling new economic activities such as live streaming.

    Across industries, the road to commercial 5G adoption has been fraught with difficulties, but countries have made significant strides. Since it has been commercialized 2 years ago, 5G now supports industrial digitalization through more than 10,000 scenarios in over 20 industries worldwide.

    Sharing China’s success in 5G deployment, Zhu said, “In China, 5G is on a fast development track to accelerate the digital transformation of verticals such as coal-mining, steel manufacturing, port operation, and new media. Across these industries, 5G-based digital applications have helped yield improved quality and increased production efficiency while reducing costs to positively impact various sectors.”

    Innovation that balances performance, coverage, and energy consumption

    Of the 176 countries where 5G has been rolled out, about 80%-90% have adopted high bandwidth, large capacity TDD, which when combined with Massive MIMO, can boost peak to deliver the promise of 10 Gbps real-time, immersive experiences. Massive MIMO can also deliver better energy efficiency per bit, compared to conventional antenna units, to help mobile network operators reduce their carbon footprint and meet their carbon neutrality objectives.

    Even though network traffic is projected to multiply hundredfold in a fully connected digital world, the World Economic Forum estimates that digital technology can reduce 15% of global carbon emissions by 2030. As a global ICT leader, Huawei dives into innovative ways to help mobile network operators build green, low carbon networks to address higher energy consumptions led by a global ramp up in data traffic.

    Zhu highlighted Huawei’s MetaAAU, a technological breakthrough in Massive MIMO coverage and energy efficiency launched during the MBBF 2021. Designed to strike an optimal balance between performance, coverage, and energy consumption, Huawei’s MetaAAU uses ultra-massive antenna arrays to significantly increase antenna gains and yield improved output or transmit power of an antenna unit. Without compromising on coverage, the MetaAAU reduces power consumption by about 30% compared with traditional AAU modules.

    Huawei’s C-RAN solution is another green network architecture that helps network operators reduce electricity consumption. Featuring a centralized BBU, C-RAN simplifies site construction as equipment rooms are no longer needed at base stations. As a result, air-conditioning can be decommissioned to significantly reduce on-site energy consumption by up to half.

    Evolving into digital service providers

    As innovations such as 5G, IoT, and cloud take centre stage in a digital era, network operators are challenged to first undergo digital transformation.

    To capture new growth, Zhu opined that “network operators must move away from the traditional model of selling connectivity to adopting a multi-dimensional role as content providers, cloud service providers, and system integrators”.

    South Korea’s network operators, for instance, create unique content so that they do not have to rely solely on OTT providers for content. As system integrators, network operators are tasked to help verticals integrate applications on the cloud to fully digitalize. Since SMEs form the backbone of the economy in the Asia Pacific, Zhu stressed that network operators should tailor solutions to address the needs of SMEs.

    To support greater, more diversified, and more stringent demands from both the consumer and enterprise markets, Huawei proposes the “1+N” 5G target network as the one fundamental network to provide continuous and large bandwidth coverage for “N” types of capabilities.

    In the case of the consumer market, a “1+N” network provides continuous large bandwidth coverage to deliver seamless roaming experiences to subscribers. In the Asia Pacific, where manufacturing is a dominant industry, smart factories require 20ms latency and 99.99% reliability to support real-time decision-making powered by AI. Precision-positioning is another use case in smart factories that is best founded on a “1+N” network infrastructure so that high-performing capabilities can be localized to perform more sophisticated functions as needed to keep operational costs as low as possible.

    Policy-making recommendations in the Asia Pacific

    With global DOU expected to reach about 700G by 2030, Zhu highlighted the importance of licensing the 6GHz band as the next golden band – also the last available midband spectrum after the C-Band.

    Home to over half of the world’s population, Asia Pacific will witness an exponential surge in data consumption. Echoing GSMA’s recommendation, Zhu proposed that governments allocate 2GHz of 6 GHz mid-band spectrum so that network operators have adequate access to spectrum to meet the ever-increasing demand for data. In China, for instance, the entire 1.2 GHz in the 6 GHz band has been allocated – comprising 500 MHz for Wi-Fi and 700 MHz for IMT connection.

    “Compared to the mmWave spectrum band, the 6 GHz band has been tested and found more suited to power 5G as it can coexist with fixed satellite systems without causing any interference,” said Zhu.

    An enabler for the digital transformation of industries and sectors, 5G has the potential to boost the world’s GDP by $2.2 trillion. In the new digital society, IoT and NB-IoT will also power up to 100 billion connections by 2030. Zhu called on all ecosystem stakeholders to embrace digitalization to ride on the 5G wave.

    To advance 5G deployment, favorable industry policies are also critical. In Thailand, regulators ensure that spectrum auctions are reasonably priced so that network operators can invest in constructing 5G infrastructure for eventual rollout. Introducing spectrum instalments is another initiative that will not overly burden network operators.

    Finally, network operators can be discouraged from leaving purchased spectrum bands unutilized to jack up prices. To counter such practices, regulators can mandate network operators to improve network coverage quantitively in a given timeframe.

    Essentially, spectrum is a scarce resource. Proper spectrum management and sound policy-making will ensure equitable spectrum access for 5G to develop and mature, in turn spurring economic recovery, growth and resiliency in the region.

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  • Huawei CFO Freed After U.S. Deal

    Huawei CFO Freed After U.S. Deal

    Huawei’s chief financial officer Meng Wanzhou has been released by Canadian courts and flew home to China last week after reaching an agreement with U.S. prosecutors to end their bank fraud case against her.

    Last Friday, Meng, who is also the elder daughter of Huawei founder Ren Zhengfei, and the U.S. Justice Department reached a deferred prosecution agreement.

    Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution,» according to a report citing Brooklyn-based acting U.S. attorney Nicole Boeckmann.

    The current agreement only pertains to Meng and the U.S. Justice Department said it is preparing for trial against Huawei.

    For the financial sector, one issue that remains unresolved is the legitimacy of Meng’s claim that HSBC had knowledge of Huawei’s relationship with Skycom – a Hong Kong-registered entity and alleged business partner that violated U.S. trade sanctions – and, in fact, knowingly placed the firm within Washington’s radar before misleading Canadian authorities on the matter.

    China has been accused of engaging in hostage diplomacy as a response to Meng’s 2018 arrest with the over 1,000-day jailing of two Canadians – businessman Michael Spavor and ex-diplomat Michael Kovrig.

    Beijing has repeatedly denied that the detainment of Spavor and Kovrig was retaliation for Meng’s arrest.

    Within hours of the news of Meng’s deal with the U.S., the two were released from Chinese jails and on their way back home to Canada.

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  • Ooredoo Group and CK Hutchison poised for US$6 billion telecom merger

    Ooredoo Group and CK Hutchison poised for US$6 billion telecom merger

    Ooredoo and CK Hutchison announced the signing of definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I). The merged company will be named PT Indosat Ooredoo Hutchison Tbk (Indosat Ooredoo Hutchison).

    The merger of Indosat Ooredoo and H3I will bring together two highly complementary businesses to create a larger, commercially stronger and more competitive world-class digital telecoms and internet company, well placed to deliver more value for all shareholders, customers and for Indonesia.

    Indosat Ooredoo Hutchison will be well-positioned to accelerate Indonesia’s economic growth and transformation into a digital society. It will be the second-largest mobile telecoms company in the country, with an estimated annual revenue of approximately US$3 billion.

    The combined company will have the scale, financial strength, and expertise to compete more effectively. Combining the highly complementary assets and products of Indosat Ooredoo and H3I will drive innovation and network improvements that will enable the delivery of outstanding digital services, as well as a broader product offering, to customers across Indonesia.

    Indosat Ooredoo and H3I own highly complementary infrastructure and the combination of these assets will also enable the merged company to benefit from cost and CAPEX synergies and provide accretive returns to all stakeholders. Annual run-rate pre-tax synergies of approximately US$300-400mm are expected to be realized over 3-5 years.

    In addition, Indosat Ooredoo Hutchison will be able to leverage the experience and expertise of Ooredoo Group and CK Hutchison in networks, technologies, products and services, and benefit from their multinational operations spanning major markets in Europe, the Middle East, North Africa, and Asia Pacific. The merged company will also benefit from their combined strength and economies of scale in functions such as procurement.

    Following the merger, the Indonesian mobile market is expected to retain a healthy level of competition, attractive to long-term investment across the industry.

    Ooredoo Group currently has a controlling 65.0% shareholding in Indosat Ooredoo through Ooredoo Asia, a wholly-owned holding company. The merger of Indosat and H3I will result in CK Hutchison receiving newly issued shares in Indosat Ooredoo amounting to 21.8% and PT Tiga Telekomunikasi Indonesia amounting to 10.8% of the merged Indosat Ooredoo Hutchison business.

    Concurrent with the merger, CK Hutchison will acquire a 50% shareholding in Ooredoo Asia by exchanging its 21.8% shareholdings in Indosat Ooredoo Hutchison for a 33.3% stake in Ooredoo Asia, and will acquire an additional 16.7% stake from Ooredoo Group for a cash consideration of US$387 million. Following the above transactions, the parties will each own 50.0% of Ooredoo Asia, to be renamed Ooredoo Hutchison Asia, which will retain a controlling 65.6% ownership stake in the merged company.

    Upon closing of the transactions, Indosat Ooredoo Hutchison will be jointly controlled by Ooredoo Group and CK Hutchison. It will remain listed on the Indonesian Stock Exchange, with the Government of Indonesia retaining a 9.6% shareholding, PT Tiga Telekomunikasi Indonesia holding a 10.8% shareholding, and other public shareholders holding approximately 14.0%.

    Subject to necessary Indosat Ooredoo shareholder approvals, the parties have agreed to nominate Vikram Sinha as CEO and Nicky Lee as CFO of Indosat Ooredoo Hutchison. Ahmad Al-Neama will remain President Director and CEO of Indosat Ooredoo and Cliff Woo will remain as CEO of H3I until completion of the merger. Upon completion, Ahmad Al-Neama and Cliff Woo will join the Board of Commissioners of the merged company, subject to the necessary Indosat Ooredoo approvals.

    The parties are committed to prioritizing employee welfare during the integration process in adherence with applicable laws and aligned with future business growth opportunities. The combined company is expected to create exciting growth opportunities for employees, as part of a larger, financially stronger, more competitive and innovative technology company.

    Aziz Aluthman Fakhroo, Managing Director of Ooredoo Group, said: “This agreement is a significant step towards our shared vision of creating outstanding value for our customers and shareholders by bringing together two of Indonesia’s leading telecoms brands to create a stronger number two player in Indonesia, backed by two highly committed partners in Ooredoo Group and CK Hutchison. With this agreement in place, we can now turn our attention to closing the transaction and then working closely with CK Hutchison to leverage the combined expertise of our respective global telecoms groups to build a world-class digital telco for Indonesia.

    This merged company will deliver significant value and benefits for all stakeholders including Indosat Ooredoo and Ooredoo Group shareholders, for customers, employees and Indonesia. Through economies of scale and the realization of synergies between these highly complementary businesses, the merged company will be well placed to deliver a higher return on investment for all shareholders and build on the outstanding growth momentum already achieved by Indosat Ooredoo. Importantly, the merger will create a company with the strength and scale to accelerate Indonesia’s digital transformation and improve network performance and customer experience across the country.

    Canning Fok, Group Co-Managing Director of CK Hutchison Holdings Limited, said: “This is a great opportunity to create a stronger and more innovative telco player in Indonesia and will be an accretive transaction for shareholders and other stakeholders alike. Indosat Ooredoo Hutchison will have a critical mass that will enable it to drive network expansion and improvements that will support the Government’s digital agenda and benefit customers and Indonesia as a whole.”

    “With greater scale, expanded spectrum, and a more efficient cost structure, Indosat Ooredoo Hutchison will also be better positioned to extend the rollout of its network and enhance service quality and speed. CK Hutchison invests in and operates telecom businesses in 12 markets around the world, many of which have successfully rolled out 5G networks, and we look forward to expanding innovative 5G services in Indonesia when the time is right.”

    H.E. Sheikh Faisal Bin Thani Al Thani, Chairman of the Board of Directors at Ooredoo Group, concluded: “This merger is a landmark deal for Asia and for Ooredoo Group. It furthers our strategy to drive more value from our portfolio and accelerate digitalization across our global footprint. I look forward to a long and successful partnership with CK Hutchison and to working together to build Indosat Ooredoo Hutchison into a digital champion for Indonesia.”

    Completion of the transaction will be subject to the approval of Ooredoo Group, CK Hutchison, Indosat Ooredoo shareholders, regulatory approvals and other customary terms and conditions. Assuming all approvals are received, the proposed combination is expected to be completed by the end of 2021.

    JP Morgan is acting as exclusive financial advisor to Ooredoo Group. Goldman Sachs & Co. and HSBC are acting as joint financial advisors to CK Hutchison. Barclays is acting as financial advisor to Indosat Ooredoo.

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  • India announces major telecoms reforms to boost industry

    India announces major telecoms reforms to boost industry

    The Union Cabinet approved on Wednesday several structural and process reforms in a relief package targeting the telecom sector to ensure its healthy growth in a digital era.

    In a move lauded by industry players as a positive step towards promoting the industry and addressing long-standing concerns, the reforms are expected to foster healthy competition, protect the interests of consumers, infuse liquidity, encourage foreign investment and reduce regulatory burden on telecom service providers (TSPs).

    These reformatory measures will fuel the proliferation and penetration of broadband and telecom connectivity, which has witnessed heightened demand against a pandemic backdrop, where activities such as work from home and remote learning have driven an unprecedented surge in data consumption.

    The measures comprise nine structural reforms and five procedural reforms plus relief measures for TSPs. Bringing respite to the industry, all TSPs have a four-year moratorium for payment of adjusted gross revenue (AGR) due. According to minister Ashwini Vaishaw, the moratorium will ensure significant cash flow for telecoms without affecting the government’s revenue. This will help India’s telecom giants address prevailing cash flow issues, enabling them to conserve capital to fund capital expenditure and invest in 5G. Vodafone Idea, for instance, will be able to defer payments of about Rs 96,000 crore.

    To encourage foreign investment, another structural reform includes 100% foreign direct investment (FDI) under automatic route permitted in the telecom sector, though neighbouring countries including Pakistan and China will not be allowed to invest under the automatic route. Previously, only 49% was under the automatic route.

    In addition, spectrum sharing will also be made free, with an additional spectrum usage charge (SUC) of 0.5% for spectrum sharing being scrapped. There will also be no SUC for spectrum required in future spectrum auctions.

    The Cabinet also announced that there is no need for separate KYC to switch from postpaid to prepaid, or vice versa.

    Currently, India is the world’s second-largest telecommunications market with a subscriber base of 1.16 billion. These reforms demonstrate the government’s commitment towards building the nation’s digital future.

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  • Australia opens application for low band 5G spectrum auction

    Australia opens application for low band 5G spectrum auction

    The Australian Communications and Media Authority (ACMA) has opened applications for the upcoming 2021 auction of 5G spectrum in the 850/900 MHz band.

    Low band spectrum forms the backbone of 5G connectivity in Australia. Spectrum in the sub‑1 GHz bands can carry signals across longer distances and is essential to the deployment of wide-area networks, such as mobile services and fixed wireless internet.

    ACMA Chair Nerida O’Loughlin said the allocation of 5G-optimised spectrum in the 850/900 MHz band will support new and existing operators to better deliver services across regional, rural and remote areas of Australia, as well as to major population centres.

    “The spectrum available in this auction will facilitate a wide range of new services that will benefit businesses and consumers across Australia,” Ms O’Loughlin said.

    The ACMA will auction 70 MHz of paired spectrum in the 850/900 MHz band across all of Australia. The application period runs from 1 September 2021 to 21 September 2021 with the spectrum auction scheduled to commence in late November/early December 2021.

    “We encourage all interested parties to apply during this window so they can participate in the auction in late 2021,” Ms O’Loughlin said.

    The spectrum auction is an opportunity for interested parties to bid for spectrum that will accommodate the deployment of 5G services in Australia.

    The ACMA has prepared an applicant information package (AIP) for interested parties, which provides a detailed auction guide, information on the spectrum available and starting prices.

    The auction forms part of the Australian Government’s plan to make 2021 the   Year of 5G. The ACMA auctioned high-band spectrum in the 26 GHz band in April this year for a total revenue of $647 million.

  • Powering 5G and beyond with satellites

    Powering 5G and beyond with satellites

    The development of 5G and its applications in the Internet of Things, where 1.8 billion active 5G connections are estimated by 2025, is generating greater interest in satellite solutions to fulfill the criteria of reduced network latency, increased data volume, and connection density. In areas where terrestrial networks are absent or found lacking, satellites can fill the gap to provide ubiquitous connectivity in an increasingly connected world.

    In powering the next wave of technological innovations, satellites offer coverage that surpasses terrestrial networks, delivering high-powered reliable connectivity and secure global mobility. Satellite connectivity plays a particularly significant role in maritime and aeronautical industries, as well as use in critical disaster relief and emergency response missions.

    Without a doubt, satellites are emerging as integral components in 5G networks to address the unprecedented surge in connectivity demand to ensure that consumers and enterprises have access to data anytime, anywhere. Advances in this field have also been rapid to keep up with the global digital evolution. Satellite connectivity, once synonymous with high costs and high latency, is now viewed in a new light with recent advancements. For instance, low earth orbit (LEO) constellations have gained momentum as a more cost-effective alternative to improve coverage area, improve quality and deliver low-latency connections, particularly for remote populations. Next-generation LEOs are launched to significantly increase bandwidth to benefit all rungs of societies.

    With satellites playing an important role in the global connectivity ecosystem to connect the unconnected and provide backhaul connectivity for mobile network operators, both satellite communications startups and giants are pushing boundaries to deliver innovation and seamless solutions. For instance, UK satellite operator Immarsat recently announced the launch of Orchestra, a new and innovative multi-orbit global narrowband network that combines geostationary (GEO), low earth orbit, highly elliptical orbit (HEO), and terrestrial 5G. Building on existing connectivity capabilities, Immarsat also launched ELERA to accelerate IoT development and support humanitarian missions.

    SES also unveiled its O3b mPOWER constellation of 11 satellites to deliver multi-gigabit connectivity services to industries including telecommunications, aviation and maritime. This system is capable of providing intelligence-driven connectivity services with optimized global bandwidth availability and resiliency.

    To support intelligent 5G networks, satellite connectivity must be embraced to empower consumers, enterprises, and governments. For communications providers and mobile network operators, this means that satellite solutions are becoming important features to enhanced 5G networks to keep up with increased broadband demand. Satellites will complement terrestrial networks through traffic offloading, harnessing satellite’s multicasting or broadcasting functionality for new uses, enabling verticals such as smart mines, ports, and farms. It also opens up opportunities for the use of cloud in industries such as marine and offshore and fisheries, where activities are conducted predominantly in remote areas.

    However, mobile network operators tend to place emphasis on 5G upgrades in highly-populated cities. Because of this, satellite-based broadband is critical to increasing the reach to often neglected, underserved populations in rural areas, where connectivity can close a digital divide already aggravated by the pandemic to raise overall digital inclusion levels.

    In Asia Pacific, for instance, countries comprising tens of thousands of islands, such as Indonesia and the Philippines, are well-positioned to benefit from satellite as a viable and affordable alternative to connect the country and underserved geographies, as opposed to incurring high economic costs from building terrestrial network infrastructure.

    In the industry, some providers are primarily focused on providing 5G services to smartphone users – serving as mobile roaming partners to offer connections to hard-to-reach precincts. In view of this, 3GPP is currently looking into introducing non-terrestrial networks in 5G standards, to be published in the 3GPP Release 17 in 2022. This could signal new collaboration opportunities between mobile network operators and satellite operators in the near future.

    As countries accelerate digitalization ambitions, connectivity will become the new driver of economic growth and social cohesion. Citing Indonesia as an example, where its digital economy is predicted to triple to US$124 billion by 2025, the government is already looking into launching its largest telecommunications satellite in the near future. Clearly, the rise of satellites can be transformative. It is the vision of many for the region to witness faster digitalization and stronger economies.

  • Tata Communications posts 14.9% YoY PAT

    Tata Communications posts 14.9% YoY PAT

    Tata Communications has announced its financial results for the quarter ended 30 June 2021. Consolidated revenue came in at INR 4,103 Crore (USD 556 Mn), growing 0.7% quarter-on-quarter (QoQ), and decreasing 6.8% year-on-year (YoY). This YoY contraction is primarily due to reduction in Voice business and moderation of Collaboration traffic in the Data segment.

    Consolidated EBITDA stood at INR 986 Crore (USD 134 Mn); a reduction of 5.3% YoY. This quarter, EBITDA has been impacted by a provision of INR 33 Crore on account of license fee on revenue from pure internet services which was allowed as deduction in the definition of Adjusted Gross Revenue (AGR) earlier. Despite this impact EBITDA margin has expanded by 40 BPs YoY. CAPEX for this quarter grew to INR 381 Crore as compared to INR 372 Crore in Q1 FY21.

    Data business revenue came in at INR 3,104 Crore witnessing a growth of 0.6% QoQ and a 2.2% YoY reduction. Data business continues to be affected by COVID related slowdown. Enterprise decisions have been slow due to macroeconomic headwinds leading to longer lead time for deal wins. Service delivery was affected by lockdowns during the 2nd Wave of COVID-19 pandemic. EBITDA for the segment stood at INR 932 Crore; up 0.4% QoQ and decline of 2.4% YoY. EBITDA was affected by provision of license fee made during the quarter and despite this impact EBITDA margin is maintained at 30%.

    In Core Connectivity, there is healthy growth in revenue by 1.7% YoY, and EBITDA increased by 0.3% YoY with margins at 42.6%. Digital Platforms and Services were affected by the moderation of Collaboration traffic which was at its peak in Q1 FY21. Revenue strengthened by 2.9% QoQ but reduced by 12.8% YoY. There are early signs of recovery and an uptake of usage-based services in geographies where economies have opened.

    “In a challenging quarter impacted by the second wave of COVID-19, we have delivered a robust performance,” said A S Lakshminarayanan, Managing Director and CEO, Tata Communications. “The global markets are slowly opening up and we are witnessing greenshoots of demand recovery.”

    He added, “Our focus is to continue investing in developing innovative digital ecosystem solutions driven by customers’ needs. Early demand for our recent launches for live sports on our Media Edge Cloud and IZO™ Financial Cloud is testament that we are moving in the right direction.”

    Commenting on the results, Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said, “Our focus on growth and profitability continues to deliver results. A healthy profit and free cash flow is empowering us to innovate and accelerate growth while streamlining processes and bringing in further efficiencies. We are well-poised to enable enterprises make the shift with digitalization playing a pivotal role enabling businesses derive positive growth.”

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  • ZTE receives 2021 Global Server Product Innovation Award by Frost & Sullivan

    ZTE receives 2021 Global Server Product Innovation Award by Frost & Sullivan

    ZTE Corporation has been presented with 2021 Global Server Product Innovation Award by Frost & Sullivan, based on the investigation and analysis of 2021 global server product market, as well as the research and evaluation on mainstream server competitors within the industry.

    This award is to honor ZTE Corporation’s continuous innovation and progress in the global server product market, its technology leadership position in the industry, and its contribution to the overall development of the server industry.The reform of IT infrastructure is the engine of the digital transformation of enterprises. Regarding the rapid increase in data traffic in the era of the digital economy, enterprises’ IT infrastructure requires stronger computing power to deal with the massive data. Meanwhile, due to differences in products and services and different application scenarios, each type of industry has also formed diversified and customized needs.

    Under this background, the opportunities and challenges coexist for the server vendors. In terms of computing power, simply expanding data centers might help in dealing with data, but it also makes the data centers’ structure more complicated and harder to conduct operations and maintenance. Regarding this difficulty, companies and organizations require not only powerful data processing capabilities, but they also want more intelligent operations and maintenance, and simpler deployment methods of IT equipment.

    In terms of differentiated demands, servers, the infrastructure platform for enterprises’ IT systems, are required to respond to a large number of service requests and process services. In addition, companies and organizations in related industries have also proposed more differentiated requirements on performance, reliability, adaptability, and flexibility of servers.

    For instance, the financial enterprises rely on servers, storage and cloud operating systems to build a stable and reliable financial cloud platform; the telecom enterprises need to effectively assist customers in the reform of “network moving with the cloud” and “cloud and network integration”. The power enterprises require to ensure the power market safety and under control, and provide a stable and smooth operation environment for the national grid information system, etc. Products or services that can better meet the differentiated needs of various industries will stand out under the change.

    In the new era of servers becoming high performance, high reliability and diverse computing power, coupled with companies in related industries put forward higher requirements on the server performance, reliability, adaptability and flexibility. ZTE keeps up with the trends, constantly innovating technology and launching new products to meet new requirements:

    In the aspect of data processing, The G4X server newly introduced by ZTE uses 2 Intel Xeon third-generation extensible processors (Ice Lake) with a single processor up to 40 cores. Its performance is at the top level of the industry, providing an efficient engine for enterprises in the process of digital transformation.

    In the aspect of meeting the needs of multiple industries, ZTE G4X server boasts four to eight built-in heterogeneous and intelligent computing acceleration engines, which can satisfy the requirements of various scenarios of artificial intelligence, image processing and industrial control, etc.

    In the aspect of server reliability, ZTE G4X server can effectively meet the server reliability requirements of government, finance, railway, power grid and other enterprises. For instance, all ZTE servers are designed and produced based on telecom equipment standards. The reliability of the products is also verified by telecom product requirements, and can be efficiently adapted to the business environment of enterprises.

    In the aspect of environmental adaptation, ZTE adopts stringent standards for verification from R&D and design to producing and manufacturing. For example, to verify and improve ZTE G4X server’s reliability under high-stress environmental conditions, the server is tested at high and low temperatures ranging from 0 to 50 degrees. Moreover, to improve the protection capability of ZTE’s products in complex environments, ZTE uses a higher level of 6-8kV test standards. Furthermore, to identify extreme working conditions of products and continuously improve the product design, ZTE also conducts a HALT (High Accelerated Life Test) test.

    In the aspect of flexibility, ZTE G4X server realizes a flexible combination of “1 product, 2 chassis and 7 models” through modular design, effectively reducing O&M costs and deployment time for enterprise customers. It even refreshes world records of SPEC CPU performance tests, setting new world records in floating-point calculation and integer calculation performance tests.

    Overall, ZTE G4X server features ultimate performance, flexible expansion, high reliability and efficient O&M, providing new momentum for the digital transformation of various industries.

    Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as product revenue, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

    Frost & Sullivan’s analysts and consultants continuously research a wide range of markets across multiple sectors and geographies. As part of this ongoing research, it identifies companies that have successfully introduced new and innovative products into their markets, with emphasis on product innovation and customer value. This involves extensive primary and secondary research across the entire value chain of specific products. Against the backdrop of this research, Frost & Sullivan is pleased to recognize ZTE Corporation for 2021 Global Server Product Innovation Award.

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  • Nokia secures first 5G contract in China

    Nokia secures first 5G contract in China

    Nokia secured a 5G RAN contract for China Mobile on Monday, making this the company’s first 5G contract in the country.

    Nokia was awarded a 10% share in one of three contracts tendered by China Mobile, while Ericsson obtained 9.6% of another contract. The total tender for all three contracts reached about $6 billion, with Nokia being awarded 4% of the overall tender. Comparatively, Ericsson was awarded 2%, dropping from about 11% last year.

    Together, Huawei and ZTE won the majority share in all three contracts to build 5G 700 MHz base stations for China Mobile and China Broadcasting Network. This is followed by a smaller local company Datang Corporation.

    China Telecom and China Unicom will also be disclosing awards of their respective 5G contracts.

    Currently, China is ahead of other countries in 5G deployments. According to data from the Ministry of Industry and Information Technology, China had deployed 820,000 5G base stations by the end of March.

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  • Comviva’s customer value management platform drives breakthrough growth for Indosat Ooredoo

    Comviva’s customer value management platform drives breakthrough growth for Indosat Ooredoo

    Fueled by an intensely competitive operating environment in Indonesia’s mobile sector, Indosat Ooredoo partnered with Comviva in delivering a front-to-end real-time marketing management platform, as well as subscribers’ loyalty and rewards program to yield increased customer retention and revenue within months from implementation.

    In a country where 98% of mobile phone users fall back on prepaid subscriptions, telecommunications operators in Indonesia’s competitive mobile market face the gargantuan challenge of retaining customers. In a heterogeneous market already characterized by low loyalty and high churn rates, matters are made worst when high costs deter telecommunications operators from reaching out to and acquiring new subscribers in under-served populations in far-flung areas.Indosat Ooredoo taps on Comviva’s expertise in innovation-driven growth marketing

    It is costlier to replace churned customers than retaining them. Amid intense competition and dismal financials, Indosat Ooredoo recognized that the path to profitable growth is an improved customer value management (CVM) platform that manages customer lifecycle holistically to uncover customer insights and drive meaningful engagements.

    Having collaborated on other deployments with much success, Indosat appointed Comviva, a global leader in mobile solutions for telecommunication operators, as a strategic partner to spearhead its Big Data CVM 2.0 program in April 2019.

    Aimed at improving customer lifetime value to achieve incremental revenue, Comviva developed a three year digital roadmap with front-to-end digital strategies. The suite of solutions spans different stages from implementing, operating, optimizing and providing timely, in-depth post-implementation analysis to transforming customer experiences critical to the success of the program.

    Overcoming key challenges with technology

    Before partnering with Comviva, Indosat Ooredoo was missing out on opportunities to influence customers’ micro-moments at critical junctures in the customer journey. To maximize the value of individual customers and micro-moments of interactions, Comviva’s first step was adding real-time capabilities to the operator’s CVM platform.

    A machine learning (ML), real-time interaction management platform, Comviva’s MobiLytixTM Real Time Marketing capitalizes on actionable analytics to steer CVM excellence. It integrates data across multiple sources to build intelligence and act on real-time events to orchestrate engagements with customers.

    Adding complexity to critical decision-making was the lack of federated data across Indosat Ooredoo’s various departments. To get to the root of this problem, Comviva developed a big data Hadoop-based centralized management system that effectively captures over 800 attributes about Indosat Ooredoo’s prepaid and post-paid subscribers to create a single view of its subscribers. This system brings focus to descriptive, predictive and prescriptive attributes of subscribers to serve as a unified customer data system accessible to the operator’s campaign management, business and applications teams.

    Comviva also identified the absence of a pervasive artificial intelligence (AI) technology to measure campaign effectiveness as another shortfall. To this end, Comviva developed models founded on AI and ML to accurately predict customers’ behaviors.

    Finally, Indosat introduced imPoin, a loyalty and rewards program to extend instant gratification to loyal customers and reward loyal customers preferentially. Powered by Comiva’s MobiLytixTM Loyalty and Rewards Platform, this program allows Indosat Ooredoo to predict customer engagement activities and positively influence customer behavior through reward-based engagements. To yield the best outcomes, a framework was developed to measure, monitor, and optimize the program.

    Comprising a 4-tier membership model – namely Red, Silver, Gold and Platinum, with Platinum being the highest tier – better benefits are rolled out for higher tiers. Members are motivated to earn benefits for all their engagements, which can be accumulated and redeemed via the myIM3 mobile app. Members can look forward to receiving a mix of lifestyle and experiential rewards such as fuel, shopping, dining as well as gaming vouchers.  

  • India’s software market revenue projected to reach US$7.6 billion by year end

    India’s software market revenue projected to reach US$7.6 billion by year end

    According to the International Data Corporation (IDC) Worldwide Semiannual Software Tracker 2H20 (July–December), the India software market is estimated to reach US$7.6 billion by the end of 2021. The India software market was pegged at US$7.0 billion in 2020, registering a growth of 13.4% year-over-year (YoY) compared with that in 2019. India accounted for 17.5% share of the overall Asia/Pacific (excluding Japan and China) (APEJC) region software market in 2020. Microsoft, Oracle, and SAP maintained their leadership positions in the India market during the same year. 

    Shweta Baidya, Senior Research Manager for Software and IT Services at IDC India says, “Although the pandemic had a minor impact on the overall growth of the India software market, it acted as a catalyst for strong growth across some of the software segments as enterprises reevaluated their IT strategies and took concrete steps to move toward digital business models. Digitally matured enterprises were able to smoothly navigate through the crisis and maintain business continuity and operational resilience. However, enterprises with traditional business models charted out new strategies to leverage cloud and digital to stay relevant and consistent. Investment in collaborative platforms, network transformation, and security re-architecture witnessed a spike during the last few quarters.”

    IDC classifies the software market into three primary categories: applications, application development and deployment (AD&D), and systems infrastructure (SI) software. Applications contributed 60.4% to the overall market revenue, followed by AD&D and SI software with shares of 21.6% and 18.0%, respectively, in 2020.

    As per IDC’s current estimates, engineering applications, collaborative applications, customer relationship management (CRM) applications, enterprise resource management (ERM) applications, and content workflow and management applications are the leading software segments in terms of revenue. The collaborative applications market witnessed the highest growth of 36.7% in 2020, followed by artificial intelligence (AI) platforms and system and service management software at 30.9% and 24.8%, respectively.

    India Market Forecast

    IDC estimates India’s overall software market to grow at a compound annual growth rate (CAGR) of 11.6% from 2020 to 2025. India enterprises will continue to invest in technologies that will help them spur innovation to improve operational efficiency and employee productivity, and in turn, maintain business momentum. IDC expects acceleration in demand for technologies, such as robotic process automation (RPA) software, conferencing and collaborative applications, AI platforms, digital commerce applications, and IT service management (ITSM) software, among others. Additionally, cloud is also becoming one of the critical elements of enterprises’ digital strategy. IDC expects the contribution of platform-as-a-service (PaaS) and software-as-a-service (SaaS) markets to the overall software market to increase from 36.8% in 2020 to 57.1% in 2025.

    “In spite of the adverse impact of the pandemic, India continued to be one of the most resilient markets across the APEJC region. India software market registered a growth of 13.4%, which was the highest in the region. Enterprise sentiments improved during the second half of the year and investments were ramped up quickly on digital work models to enable smooth transition to a remote work environment. IT budgets were re-apportioned and allocated in accordance with the increased spending on emerging technologies. Software vendors have been aggressively acquiring customers by supporting them in the digital journey with flexible and scalable options,” adds Baidya.

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