The number of global users of telematics smartphone applications will explode from 3.2 million in 2011 to 129 million in 2016, with North America as the dominant region, according to the latest ABI Research (New York) forecasts.
Bulgarian Energy Holding EAD and Toshiba Corporation (Tokyo) today signed a Memorandum of Understanding, under which they will discuss further cooperation in the field of energy and energy efficiency. The potential future relationship between the parties includes closer cooperation in energy generation, including thermal power, hydro power, nuclear power and solar photovoltaic power, and increasing the efficiency of power transmission and distribution through the development of smart grids.
Mastercard (Harrison, NY, USA) has poached Mung-Ki Woo, the former head of mobile and contactless payments at Orange (Arcueil, France), one of Europe’s largest operators. Woo will head up MasterCard’s mobile payment and m-commerce business, a recently formed unit.
The move strongly suggests MasterCards plans to increase its mobile payments efforts, a currently wide open market with many potential competitors looming. Not the least of which being Visa, who hired Bill Gajda, former chief commercial officer of the GSM Association, for a similar position.
Saudi Arabia's Integrated Telecom Co. (Dammam, Saudi Arabia) has signed a 4 billion riyals ($1.1 billion) deal with Korea Middle East Engineering Co (Komee) to expand the country's optical cable network, ITC said on Wednesday.
Gemalto (Amsterdam, Netherlands) has announced the handover of its point of sale (POS) solutions business to VeriFone (San Jose, California, USA) as part of their strategic partnership. First announced in October, the partnership also entails cooperative efforts in Europay, MasterCard, and Visa (EMV) chip card solutions, and Gemalto's appointment as the preferred supplier of M2M wireless modules and related solutions for VeriFone payment systems.
Kristin Lovejoy, VP of Strategy for IBM Security Solutions, predicts 2011 will see the first cyber-attacks on critical infrastructure such as electric grids or water systems.
In an interview with SearchSecurity.com, Lovejoy says "when it comes to the embedded devices, there's two things we're worried about. We're worried about people using those devices to cause some sort of harm or to cause societal conflict. Alternatively, we're seeing the use of those devices to enable support for some form of financial gain."
As competition and the economic crunch pit themselves against communications service providers (CSPs), it’s getting harder and harder for them to maintain profitability, so the search is on for ways of exploiting underused assets. Take customers for example – CSPs have them by the billions, yet they often know almost nothing about them other than an address or a phone number in the eyes of many providers.
Last week Siemens (Berlin, Germany) announced a strategic cooperation contract with Tyumenenergo, an energy company that operates in northern Russia. The agreement is designed to promote innovation in the operator's grid infrastructure facilities, starting with a pilot project for adaptation of smart grid technology to the Russian grid.
The global market for machine-to-machine (M2M) device connections will grow from 62 million devices in 2010 to 2.1 billion devices in 2020, according to a new report from Analysys Mason (London, UK). With a year-on-year growth rate of between 36% and 52%, M2M seeks to be one of the fastest-growing connectivity sectors in the next decade.
The "Machine-to-machine devices connections: worldwide forecast 2010-2020" covers 8 regions, 7 industry segments, and 20 product/solution categories.
Commercially deployed LTE, WiMax, HSPA+, and even "evolved" forms of 3G now may all be accurately referred to as "4G." The International Telecommunication Union (Geneva, Switzerland) has altered the definition of the "4G" standard to one that aligns with the marketing activities of companies like Sprint, Clearwire, T-Mobile, and Verizon Wireless; though public controversy will no doubt continue.