Times of India — BENGALURU: Infosys Finacle, part of EdgeVerve Systems, has launched Finacle as a managed service on Oracle Cloud. This offering will enable banks globally to leverage Finacle’s industry-leading solution suite, along with other enterprise-class applications hosted on premise or in an external environment, to gain agility and cost efficiencies. With this offering, Finacle becomes one of the first comprehensive banking platforms to be available as a managed service on Oracle Compute Cloud.
PRNewswire — DOHA, Qatar: Ooredoo Group and Ericsson have signed a frame agreement for the supply of radio, core and transmission solutions, as well as related implementation and integration services. The group frame agreement includes radio, core and transmission equipment as well as related services. The agreement also covers Ericsson’s Software model with its predefined software value packages, which ensures better performance and reduces time to market for new functionalities.
Telecom Asia — Japan’s NTT Communications has arranged to extend its data center business in the Philippines via a new partnership with local operator PLDT. The companies agreed on a collaborative partnership to provide NTT Com’s Nexcenter solutions in the Philippines and promote cross-selling. Under the agreement, Philippines corporations with international operations will be able to use NTT Com’s Nexcenter services at some 140 locations in 84 cities of 19 countries, in addition to its Arcstar Universal One private-network service, which is already available in the Philippines, the companies said in a statement.
Satellite Today — Satellite: SpeedCast has entered a definitive agreement for ST Teleport, a leading satellite communications services provider based in Singapore. The acquisition, subject to regulatory approval, is the fifth of the year for SpeedCast, and includes the teleport facilities and data center infrastructure ST Teleport owns in Singapore. SpeedCast anticipates this will bolster its presence in the maritime and energy sectors.
Forbes — Beijing: Oracle has signed a non-binding memorandum of understanding with Tencent Cloud, China’s largest and most-used internet service portal, with an objective of offering cloud services in China. The agreement, which signals the growing similarity between business and consumer technology services, was announced November 12 by Loic Le Guisquet, Oracle’s president for Europe, Middle East and Africa (EMEA) and Asia Pacific, at Oracle CloudWorld in Beijing.
Mondo Visione — Colt Technology Services’ Asian division today announced that it has won the Best Asian Project at the Global Carrier Awards hosted during the Capacity Europe event in Paris. This award was in recognition of Colt’s DCNet project which demonstrates the benefits that SDN and NFV are bringing to the telecommunications industry. Leveraging these next-generation technologies, Colt has been to tailor a solution that helps better serve Asia’s rapidly growing data centre market.
Business Finance News — US Telecom Giant Verizon Communication Inc. allies with Indian System Integrators. To provide cloud-computing service to multinational corporations located in Japan, Asia Pacific, Western Europe, and the US. It may seem that the corporation has been aggressively investing in different markets, to improving the reach and service. “The Indian SIs are providing Business Processing Organizations (BPOs) services and Verizon supports that with its secured cloud infrastructure. We both are playing to our strengths,” Jesse Crawford said.
e27 — Tsukaeru, a major Japanese cloud-computing service provider and partner of international leader Odin, announced today it has expanded service offerings into Southeast Asia through a technology co-operation deal with Indonesian provider Cloudmatika. With the Odin service, Cloudmatika will be able to advertise itself as the only company in Indonesia capable of providing near 24/7 Service Level Agreement (SLA) support.
China Tech News — IBM and China Electronics Corporation jointly announced that they will establish a joint innovation lab and begin in-depth cooperation. By teaming with IBM in the establishment of joint innovation lab, CEC will enhance its technology joint innovation, realize win-win cooperation, bring greater value to customers, and promote the development of Chinese information technology industry.
Digi Times — China-based smartphone vendor Meizu Technology has unveiled a new model, the Meilan Metal, the first model it developed jointly with e-commerce giant Alibaba Group, according to China-based Beijing Morning Post. The Meilan Metal, targeting the CNY1,000 (US$158) segment, is powered by a MediaTek 64-bit Octa-core Helio X10 CPU, running on Alibaba’s YunOS.
Enterprise Innovation — SK Telecom has signed a memorandum of understanding (MOU) with China Unicom to cooperate in strengthening their competitiveness in the telecommunications industry and promoting new growth businesses. Under the MOU, SK Telecom and China Unicom will work closely in diverse areas such as 5G technology, international roaming, platform, and startup support to enhance customer benefits and lead the development of the overall ICT industry.
Times of India — NEW DELHI: HCL Technologies will buy Swedish commercial vehicles major Volvo Group’s external IT business for $138 million (around Rs 895 crore) in an all cash deal. Volvo Group will also outsource its IT infrastructure operations to HCL Technologies for an undisclosed contract value for five years. The Volvo Group and HCL have signed a letter of intent, awaiting the signing of the final contract, Volvo Group said in a statement from Stockholm.
Times of India — NEW DELHI: Infosys, country’s second-largest software services firm, and Chinese ICT solutions provider Huawei have partnered to launch a smart stadium solution. The solution will provide high-speed Wi-Fi access and smart services for users in stadiums and exhibition centres, a statement said. No financial details of the partnership were disclosed.
SK Telecom, the nation’s largest mobile carrier, said Sunday that it will cooperate with China Unicom for new growth businesses such as fifth-generation (5G) network and mobile platform. The company said it has signed a memorandum of understanding with China’s second-largest telecom firm during a board meeting of the Global System for Mobile Communications Association (GSMA) in South Africa, Thursday.
NASDAQ — Infosys Limited has joined forces with U.S.-based conglomerate General Electric Company and other members of the Industrial Internet Consortium (“IIC”) to develop innovative Internet of Things (“IoT”) offerings. Through this alliance with its peers, Infosys intends to consolidate its position in the global cloud market.
The Star — SEOUL: Kakao Corp, the operator of South Korea’s largest mobile messaging app, said Tencent Holdings Ltd and eBay Inc have joined its bid for a new South Korean Internet bank license. Tencent and eBay will make their investments through subsidiaries, which are expected to take stakes of 4% or less in the bank should a license be gained, a Kakao spokesman said. He declined to comment on financial terms.
Telecom TV — Europe and Asia show no signs of complacency in the race towards 5G, with politicians in both regions anxious to collaborate rather than compete – at least for now. North America needs to wake up and get more involved at the Presidential level. Following similar agreements with South Korea last year and Japan in May, the European Union has now signed a key partnership with China.
Business Cloud News — Telefónica and China Unicom have agreed to share their international data centre capacity for multinational clients across Europe, The Americas and Asia. The initial agreement covers three major data centres from each operator but, the companies say, this could be the first step towards larger scale cloud cooperation.
Enterprise Tech — Cisco Systems continues to expand its considerable presence in China despite growing friction between U.S. high-tech companies and the government of Chinese President Xi Jinping. On the eve of President Xi’s visit to the U.S., Cisco CEO Chuck Robbins provided more details about a joint venture with Chinese cloud computing and datacenter company Inspur Group. The Chinese server maker is the primary vendor behind the Tianhe-2, the world’s fastest supercomputer.