Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In 5G Technology news this week…
Ericsson partners with Jio to build India’s first 5G Standalone network to achieve India’s digital leadership . Ericsson has entered into a long-term strategic 5G contract with Indian communications service provider (CSP) Reliance Jio Infocomm Ltd. (Jio) to roll out 5G Standalone (SA) in the country.
The announcement follows the allocation of 5G spectrum in the recently concluded auctions in India. This is the first partnership between Jio and Ericsson for radio access network deployment in the country.
NWDAF solution carries 5G network value firmly into Business Operations . SAS and DigitalRoute, two leading AI and data management companies, have joined forces to deliver a 5G Network Data Analytics Function (NWDAF). The combined solution is an alternative to black-box or hard-coded solutions from network equipment providers (NEPs). It will enable Communication Service Providers (CSPs) to utilize NWDAF to go beyond solely addressing defined use cases that focus primarily on network operations and eliminate the network vendor silo trap.
Data-driven networks present a new opportunity for CSPs to bridge network services to business operations leading the industry into a new digital chapter for B2B services, with new revenue streams. However, modern networks have become so complex that it is hard to scale efficient operations, which dictates that they leverage AI and automation, and enable new monetization opportunities, such as Analytics-as-a-Service.
In Cloud Computing news this week…
dbt Labs Launches Python Support to Expand What Data Practitioners Can Accomplish with dbt . dbt Labs, the pioneer in analytics engineering, announced during the keynote of dbt Labs’ Coalesce 2022, that it has added support for data transformation in Python to dbt. This will supplement existing SQL capabilities and allow data teams to tackle new categories of problems, including statistical analysis and predictive modeling. dbt users will now be able to deploy Python and SQL from within the same workflow without the need for additional infrastructure.
eComchain Partners with Ambry Hill Technologies to Provide Aviation eCommerce Storefronts . VistaSuite is a cloud-based business management software for the aviation aftermarket community that, in partnership with eComchain, now offers aircraft parts traders a robust B2B ecommerce storefront solution.
“This partnership of eComchain with Ambry Hill Technologies means that buyers and sellers of aircraft parts worldwide will have a more seamless and efficient ecommerce experience,” said Robert Hayes, VP Business Development of eComchain. “Furthermore, the ability to showcase the exact details of available inventory along with a convenient payment method, will significantly optimize a purchaser’s decision-making process.”
In Computer Science news this week…
Cancer to Be Treated as Easily as Common Cold When Humans Crack Quantum Computing . Breakthroughs in quantum computing will enable humans to cure diseases like cancer, Alzheimer’s, and Parkinson’s as easily as we treat the common cold.
“Nowism is a virus. Corporations and governments are infected.” That was one of the major insights to emerge from the Dubai Future Forum, with renowned theoretical physicist Dr. Michio Kaku telling the world’s largest gathering of futurists that humanity should brace itself for “major transformations” in healthcare.
WorkFusion Expands Global Footprint with New European Headquarters in Dublin. WorkFusion, a leader in Intelligent Automation and developer of AI-powered Digital Workers, announced plans for its new European headquarters located at Hospitality House, 16-20 South Cumberland Street in Dublin. The soon-to-be-opened office will be home to the company’s R&D, data scientists, and other key software engineering roles. The company is actively hiring with plans to fill 100 positions over the next three years.
“When considering where we should locate our European headquarters, Dublin was an easy choice”
Dublin is the company’s fourth physical office joining WorkFusion’s global headquarters in New York City and locations in Warsaw, Poland and Hyderabad, India.
In FinTech news this week….
Tilia Secures Strategic Investment from J.P. Morgan. Tilia LLC, the all-in-one payments platform, announced it has secured a strategic investment from J.P. Morgan Payments. Tilia’s solution, built for game, virtual world and mobile application developers handles payment processing, in-game transactions, as well as payouts to creators by converting in-world tokens to fiat currency including USD, which serves as the backbone of any functioning virtual economy.
Drew Soinski, Senior Payments Executive, Managing Director, J.P. Morgan Payments said “We believe that contextualized commerce – such as virtual economies within games and virtual worlds – is an area perfectly positioned for innovative payments solutions to play a critical role in the coming years. We’re delighted to invest in Tilia LLC, a market leading provider of software gaming payments tools, to develop solutions for these new and exciting marketplaces.”
XT.COM Lists ASTA On Its Platform In Innovation Zone . XT.COM, a leading global trading platform and the world’s first socially infused trading platform, is thrilled to announce that ASTA is being listed in the Innovation Zone of the platform. Users can now buy, sell and trade the utility token with XT with USDT trading pair.
By having ASTA listed on the platform, XT.COM aims to support the users in various daily life activities as the token can be used for several real-life utilities. The listing would also benefit the ASTA community to reach out to a wider user base.
In HealthTech news this week…
Connect2MyDoctor Inks Pact With University of Sharjah, Opens Office in Dubai Connect2MyDoctor, the comprehensive virtual care platform which has firmly established itself as a leading online healthcare service provider in Asia and Middle East, has signed a Memorandum of Understanding (MoU) with the University of Sharjah to exchange scientific and medical expertise.
“This MoU with the University of Sharjah is a significant step for us. We are confident that we will be able to serve the healthcare needs of the region most optimally by utilising our technology capabilities.”
The institutions have agreed to collaborate on research activities that will extend to areas such as data collection, analysis and joint submissions to journals, conferences and scientific venues.
EK Health Introduces Billtelligent™ to Transform Medical Bill Review Technology EK Health Services Inc. proudly announces the launch of Billtelligent™, a proprietary technology that is taking medical bill review in workers’ compensation to the next level. Billtelligent™ eliminates barriers for EK Health, empowering an independence the national managed care company had not previously realized.
Billtelligent™ leverages a unique cloud-based, modular design focused on efficient bill handling through innovative strategies, supported by nimble technology. Billtelligent™ promotes flexibility through intelligent routing, automation, auto-adjudication and the ability to customize workflows with incredible specificity (without cumbersome management requirements).
In Information and Communications news this week…
Wefi and Wireless Broadband Alliance Partner to Scale OpenRoaming Connectivity. Wefi, a market leader in Wi-Fi connectivity, mobile data collection, and big data analytics, announced it has successfully launched Wireless Broadband Alliance (WBA) OpenRoaming™.
This accomplishment increases Wefi’s coverage footprint and enables network operators to unlock additional roaming savings, monetization channels, and coverage. With Wefi’s WeConnect solution and OpenRoaming, operators can enhance subscribers’ user experience by offering a secure frictionless connection at a fraction of the cost, without compromising service quality.
Visier Announces Embedded Partnership with TriNet Zenefits to Enable People Analytics for SMBs . Visier, the globally recognized leader in people analytics and workforce solutions for people-powered business, announced an embedded partnership with TriNet Zenefits, a wholly owned subsidiary of TriNet and leader in HR and payroll software and services purpose-built for small and mid-size companies. TriNet Zenefits People Analytics Powered by Visier will help business owners and entrepreneurs to make data driven decisions to transform workplace programs for their small but mighty workforces.
Article of the Week
Rapidly Gaining Edge Across Markets, Edge Computing Revolution at Forefront
Edge computing is a distributed information technology (IT) architecture in which client data is processed as near to the original source as is practical at the network’s edge. It reduces the cost and energy use of network infrastructure while maximizing throughput and latency.
Edge computing is a key component of the fourth industrial revolution (Industry 4.0) and is also one of the most exciting emerging technologies in IT today. As more and more companies are looking to keep up with demand for faster, more responsive service in an increasingly digital world, edge computing provides a solution that can help them do just that.
