During the last week, California-based Dell’Oro Group released several reports indicating growth in key WAN equipment sectors.
The biggest winner, if forecasts hold true, would be vendors in the Layer 2-3 Ethernet Switch market, which Dell’Oro analysts estimate will exceed $25 billion in 2019. Continued adoption of Software Defined Netowrking (SDN) architectures and Cloud deployments will drive sales of white box switching, software, and 100 Gigabit Ethernet equipment, according to the report.
SAN FRANCISCO (Reuters) - Cablevision System Corp said on Monday it would launch in February a wireless Internet phone service to give users an alternative to pricier data plans from cellular companies such as AT&T and Verizon.
The "Freewheel" phone service, which runs on any WiFi connection, is an attempt by Cablevision to retain and potentially add subscribers at a time when cable companies are losing out to lower-priced, bundled TV and Internet services from telecom firms.
MUMBAI (Reuters) - Samsung Electronics Co Ltd's first smartphone to run on its own operating system received a frosty welcome after its launch in India, with reviewers and consumers criticising its low-resolution cameras and dearth of software applications.
The South Korean giant's latest handset stands out not so much for its no-frills specifications but for what lies under the hood - the Tizen operating system Samsung has developed to rival Google Inc's Android platform.
TEL AVIV (Reuters) - Genband, a U.S. maker of software for telecoms and cable TV operators, aims to revolutionize phone-based customer services by ending consumer frustration at being kept on hold in a seemingly endless loop of recorded options messages.
The Texas-based company, majority owned by JPMorgan's One Equity Partners, paid $50 million in 2013 to acquire Israeli start-up Fring, an Internet-based mobile service seeking to transform the way customer calls are handled.
SINGAPORE (Reuters) - WebRTC, a free browser-based technology, looks set to change the way we communicate and collaborate, up-ending telecoms firms, online chat services like Skype and WhatsApp and remote conferencing on WebEx.
Web Real-Time Communication is a proposed Internet standard that would make audio and video as seamless as browsing text and images is now. Installed as part of the browser, video chatting is just a click away – with no need to download an app or register for a service.
SAN FRANCISCO (Reuters) - Intel Corp on Tuesday unveiled a new platform to make it easier for companies to create Internet-connected smart products using its chips, security and software.
Intel's platform is like a set of building blocks based on the chipmaker's components and software for companies to create smart, connected devices, Doug Davis, head of Intel's Internet of Things business, said at a launch event in San Francisco.
It also aims to make it easier to connect to data centers in order analyze data collected from devices' sensors.
LONDON (Reuters) - IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.
Late on Tuesday, IBM announced the third in a string of billion dollar plus contracts, saying it had won a seven-year, $1.25 billion deal with WPP, the world's top advertising firm, to run WPP operations in the cloud.
FRANKFURT (Reuters) - Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.
Corporate finance adviser Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.
AMSTERDAM (Reuters) - IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro running on its cloud systems, the U.S. information technology firm said on Monday.
The deal comes as the U.S. company is trying to gain momentum in the market for Internet-delivered services, known as cloud computing. IBM will provide fully managed services for mainframe computers, servers, storage and end-user computing as well as a help desk and other technical support. IBM did not disclose financial details of the deal.
BEIJING (Reuters) - Cisco Systems Inc will establish an $80 million joint venture with Chinese hardware manufacturer TCL Corp to invest in commercial cloud computing services, TCL said in a stock exchange filing on Thursday.
Cisco will invest $16 million in the new firm, which has not been named and is still being registered, and hold a 20 percent stake, the filing said. TCL will pay $64 million for an 80 percent share. These investments will be made over three stages, each of which will require the approval of both parties. No timeframe for the investments was given.