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…
5G Consortium Expands Adding New Members to Private Mobile Networks Ecosystem. Athonet, a global leader in private network technology, announced new members to the 5G Consortium, a vendor ecosystem of companies and organizations to promote the deployment of private mobile networks. Several 5G Consortium members will be at Mobile World Congress in Las Vegas, September 28-30, 2022, including Athonet in booth W2.1448
Arrcus enables SoftBank Corp. to demonstrate 5G Network Slicing by using SRv6 MUP with SRv6 Flex-Algo. Arrcus, the hyperscale networking software company and a leader in cloud-to-edge network infrastructure, announced its enablement of SoftBank Corp. (“SoftBank”) to successfully demonstrate automated network slicing over 5G mobile networks and Multi-access Edge Computing (MEC) applications, running with ArcOS – a key component of Arrcus’ ACE networking software stack.
In this demonstration, SRv6 MUP with SRv6 Flex-Algo from Arrcus provided advanced traffic engineering capability to extend a 5G network slice to MEC applications with seamless automation, without the need for additional 5G equipment. SoftBank also verified SRv6 MUP interoperability with 5G equipment in its laboratory. The yearlong trial will now proceed to the next step, preparing SRv6 MUP technology for commercial deployment.
In Cloud Computing news this week…
Analytics8 Acquires High-End Data Analytics Consultancy Mashey. Analytics8, a data and analytics consulting firm that specializes in designing, developing, and deploying modern data solutions, has announced the acquisition of Denver-based Mashey, a high-end data analytics consultancy focused on modern data technology.
The move to acquire Mashey—which was finalized on Sept. 16, 2022—enables Analytics8 to further its goal of continued growth while providing exceptional data services to clients, career development opportunities for its staff, and enhanced partnerships with industry vendors
Alibaba Cloud Unveils Strategic Roadmap for International Business. Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. During the three-day summit, the trusted cloud provider has revealed new products to support technology innovation among enterprises, an investment of USD1 billion for a global partner ecosystem upgrade, and enhanced customer services to provide comprehensive support throughout a customer’s digitalization journey.
In Computer Science news this week…
Lowe’s Unveils Industry-First Digital Twin, Giving Associates ‘Superpowers’ to Better Serve Customers. Building upon its history of innovation, Lowe’s unveiled the home improvement retail industry’s first interactive store digital twin at NVIDIA GTC. Leveraging NVIDIA Omniverse Enterprise, this digital twin showcases a future in which store associates can visualize and interact with nearly all of a store’s digital data, giving them superpowers to optimize operations and localize plans to better serve customer needs. Also, in the coming weeks, Lowe’s will open up part of its virtual 3D product catalog – used to populate its digital twin – to Omniverse users, to help them create new possibilities in their applications for retail and beyond.
In FinTech news this week….
FintechCashier is about to release a new banking business model “Lite Label” Banking-As-A-Service. FintechCashier’s new banking business model and future services are promising. Yes, you heard right, FintechCashier is to release its first “Lite Label” Banking-As-A-Service subscription that allows it to manage the Merchants/ Affiliates/ Customers/ Acquirers and Prepaid issuing all from Backend solution.
The whole covid-19 pandemic is over and FintechCashier came out of it stronger than ever. This cutting-edge technology research and development phase is at their fingertips now from launching their newest service. The London-based FintechCashier proudly announces opening up the complete range of digital banking possibilities to its customers via a significant subscription model in response to a huge increase in demand for BaaS services throughout the world.
In HealthTech news this week…
RxCap Partners with ZEPHYRx to Integrate Cloud Spirometry into its Remote Monitoring Enablement Platform.RxCap, Inc., cloud-based remote monitoring enablement company, and ZEPHYRx LLC, a remote respiratory monitoring solutions provider, announced that they have entered into a partnership to integrate the ZEPHYRx cloud spirometry platform with RxCap’s remote monitoring platform.
With this new partnership, RxCap’s enterprise customers, such as providers and payers, will be able to monitor the lung function of their patients and members with serious pulmonary conditions. Contact us to learn more about our solution.
In Information and Communications news this week…
Infosys Collaborates with Telenor Norway to Accelerate IT Modernization. Infosys, a global leader in next-generation digital services and consulting, announced its collaboration with Telenor Norway, Telenor’s wholly owned Norwegian telecommunications operator, in its business transformation program to become a digital telecommunications company. Through this engagement, Infosys will accelerate Telenor Norway’s modernization journey while supporting its ‘Beyond Connectivity’ strategy. This collaboration will drive Telenor Norway’s business growth and make the company future ready.