Big data analytics innovator Mu Sigma, based in Chicago and Bangalore, has acquired the Singapore-based social media analytics firm Webfluenz. Mu Sigma, one of the most successful Indian tech startups, with a billion-dollar valuation, counts more than a quarter of Fortune 500 companies among its customers. Its USP is to conflate data from multiple sources – people and machines, processes and platforms – to help its clients make intelligent decisions in critical areas like risk, supply chain, and marketing. Mu Sigma employs over 3,000 decision scientists with experience across 10 verticals.
Preferred Infrastructure (Preferred) is storming Japan’s big data landscape. The thirty-strong company was founded by graduate students, overcame Japan’s own busted tech bubble, and now sells its natural language processing software-as-a-service to some of the country’s top firms. The list is media-heavy, with the Asahi Shimbun, Nikkei Business, and NHK (the national public broadcaster) leading the pack. However, Preferred’s services are varied enough to also entice the likes of NTT, Japan’s largest telco.
Trading activities between Japan and the Association of Southeast Asian Nations (ASEAN) are growing rapidly with the two sides’ import and export values both exceeding US$100 billion each year for the past five years. In 2013, the combined amount of import and export values between the two reached US$230.31 billion with ASEAN contributing 15.5% of Japan’s overall export value. The values are continuing to grow, according to Digitimes Research’s findings.
Sony Mobile Communications will adopt MediaTek’s 64-bit quad-core solution, the MT6732, for production of entry-level and mid-range 4G LTE smartphones for delivering in 2015, according to industry sources. Taiwan-based handset ODMs, including Arima Communications, Compal Communications and FIH Mobile, are currently manufacturing 4G LTE models for Sony Mobile using smartphone solutions from Qualcomm.
Research and Markets has announced the addition of the “State of Telecom Markets & Players Worldwide 1H14” report to their offering. The bundle World Telecom Services – Markets & Players includes three deliverables: – New report providing readers with the current status of the telecom services market, along with analyses of global trends and growth dynamics by technology and by markets. – A dataset dedicated to service revenues and usages with data and forecasts up to 2018 for 29 countries, 7 regions & world consolidated, – A dataset dedicated to 30 leading telcos’ KPIs including: company financial account, revenues by segment and operating data.
Hon Hai Precision Industry Co. recently made a purchase of 4.9 percent share in SK C&C Co. The Foxconn Technology Group unit, the largest in the company, is still looking to expand further. Hon Hai spent $377 million or 381 billion won for all the stocks from SK Holdings Co. That’s about 155,00 per share, according to Chairman Chey Tae-won. The Taiwanese multinational electronics seems to be bent on venturing into automation, cloud computing, as well as, electric cars. This could mean Foxconn no longer wants to depend on Apple as its main buyer or maybe the company still wants to grow.
ABI Research finds that “slow and steady” describes the overall 2013 Telecom Network Managed Services market, but notes fierce competition among the vendors. Based on full-year reporting and analysis, ABI Research finds the leading vendors have reaped the benefits from an industry in rationalization turmoil. The top three vendors continue to improve their execution skills and now account for 85% of total Telecom Managed Services revenues. “Managed Services is an industry where scale and execution are everything,” says Joe Hoffman, mobile networks practice director, “and we expect the The Rule of Three and Four will continue to sculpt the landscape.”
A massive IT exhibition has been held in Macau. This year’s Macau Communication Expo has played host to over 70 companies from various parts of Asia. Ma Zhiguang headed the expo’s prep-committee. “Communication technology now plays a more and more important role in Macau’s economy, accounting for a higher proportion of the economy. With multiple large-scale entertainment projects in use by 2016, Macau’s economy is going to hit new heights. To plan ahead, Macau needs to advance its 4G technology, wifi and fiber optics. The SAR also needs a new data center and better cloud-computing. This will make Macao a real digital city, and will provide high-quality services for both locals and tourists in Macau.” Over 170-booths had displays at this weekend’s event in Macau.
MOUNTAIN VIEW — Gigya, the Connected Consumer Management Suite, today announced its overseas growth in Australia, Asia and Latin America through the expansion of sales teams based out of Melbourne, Singapore, as well as a dedicated headquarters team focused on México, Brazil and South America. The company’s global expansion follows a year of torrid growth for the company, which processed more than 800 million logins in 2013 through its Registration-as-a-Service and Social Login products. Currently powering logins and registration in over 46 different countries, Gigya already has a large international footprint with customers such as Tommy Hilfiger, The Independent, The Globe and Mail, KLM, L’Occitane, Next Media, Japan Airlines and Canon.
It can take up to 90 days to make new IT infrastructure available for a government agency. “With cloud, you don’t need days, just minutes,” Glenn West (pictured), Cloud Business Unit Manager, Asia Pacific, Red Hat told FutureGov. Governments need an open source cloud to deliver their digital public services with “speed and scalability”, West said. For example, a tax agency provides a portal for its citizens to file their taxes every year – the capabilities of this portal need to be able to expand rapidly as millions of citizens access the portal at the same time. “When you go from 100 users to the [whole] population instantaneously… you need [the portal] to scale up quickly,” he said.
Chinese media and entertainment group Enlight Media will invest about CNY385 million to acquire the animation company Bluearc Animation and the mobile game company Refeng Network. According to the company’s announcement, Enlight Media will invest CNY176 million to acquire a 51% stake in Refeng Network. After Refeng Network achieves its performance goals for the next three years, Enlight Media will acquire the remaining 49% stake. During the transaction, Refeng Network’s overall valuation reportedly reached CNY346 million. Refeng Network is mainly engaged in the development and operation of mobile Internet games.
Microsoft reportedly has called off a plan to mass produce its small-size Surface Mini tablet because of fierce compeition in the small-size tablet segment, as well as negative responses from its brand vendor clients, according to sources from the upstream supply chain. Microsoft has finished developing the Surface Mini and also completed the product tests; however, mass production did not start as scheduled in May, the sources said, adding Microsoft still paid the costs for the module development and production equipment, the sources said.
Direct insurance business DirectAsia.com launched in Singapore in 2010, aiming to disrupt traditional Asian insurance models, bypass agents, and deal direct with the customer. After the successful launch, it expanded into Hong Kong in 2012, and Thailand the following year. The acquisition by specialist insurer, Hiscox, at the end of Q1 2014, signalled the start of a new chapter in DirectAsia.com’s development.