The European Commission recently unveiled plans to invest jointly with the EU Member States in building a world-class European supercomputers infrastructure. Supercomputers are needed to process ever larger amounts of data and bring benefits to the society in many areas from health care and renewable energy to car safety and cybersecurity.
Cloud and Enterprise Business
By providing management, assurance and analytic solutions for the world's first CSP telco cloud, MYCOM OSI is at the cutting-edge of innovation in this area. Its Experience Assurance and Analytics™ (EAA) system provides integrated assurance, automation and analytics solutions for telco clouds, streamlining and simplifying complex ecosystems and supporting operations centers that are smart, predictive and highly automated.
Canadian software firm Redknee Solutions Inc., which specializes in mission critical monetization and subscriber management solutions for communication services providers (CSPs), has changed its corporate name to Optiva Inc. and unveiled a new vibrant brand and visual identity as part of its sweeping transformation.
Sparkle, the international services arm of TIM Group and one of the ten global operators, won the 'Enterprise application of the year for Media' award at the annual MEF Excellence Awards held in Orlando, Florida, for its joint media solution with Aldea, a provider of services and solutions for the television, film and media industries.
STC represented by its Enterprise Unit, signed the first of its kind agreement with Oracle to provide unique services to government and private sectors in the field of cloud computing, which will enable data storage at the highest levels of information security within the Kingdom through a private cloud between the two companies.
Nokia announced its next-generation "Session Border Controller" software, offering service providers dramatically higher levels of performance and security for their cloud-native deployments.
Telecom Review continued its dedication and commitment to the ICT industry and exceeded all expectations by holding the best and largest high-level executive ICT gathering. The award for ‘Best Enterprise Service' award went to Integrated Telecom Company (ITC), a telecom provider based in Saudi Arabia.
Alphabet Inc., the parent company of Google, announced its financial results for Q3 on Oct. 26, for the quarter ended Sept. 30. The company's revenues were up 24 percent year-on-year, reflecting strength across Google and other bets. "Our momentum is a result of investments over many years in fantastic people, products and partnerships," said Ruth Porat, FCO of Alphabet.
Telecom Review continued its dedication and commitment to the ICT industry and exceeded all expectations by holding the best and largest high-level executive ICT gathering. The award for 'Best Cloud Provider' went to Ericsson.
Cisco announced it will acquire publicly-held BroadSoft, Inc., the global communication software and service provider headquartered in Gaithersburg, MD. Cisco will pay $55 per share, in cash, or an aggregate purchase price of approximately $1.9 billion net of cash, assuming fully diluted shares including conversion of debt. The acquisition has been approved by the board of directors of each company.