A new study by Juniper Research forecasts that NFC will facilitate transactions valued at $74 billion by 2015, as NFC will be increasingly used for the payment of goods in-store and as transport tickets. The increasing use of mobile devices as an alternative to credit cards and paper tickets is one of the fastest growing segments of the mobile commerce market, says Juniper Research.
Ceragon Networks Ltd., a wireless backhaul provider, announced a $6 million contract with Globacom Nigeria (Glo), a mobile service provider in Nigeria, for Ceragon’s wireless backhaul services. Ceragon will manage the end-to-end deployment of its FibeAir IP-10 and Evolution IP Long-Haul systems throughout Nigeria, expanding upon the original network Ceragon developed for Glo in 2010.
Telematics is quickly becoming a major vertical in the machine-to-machine (M2M) marketplace, but according to Cyril Zeller, senior sales director of the global telematics segment at Telit, telematics is growing but it is nowhere compared to where it should be.
There are numerous well-known projects and collaborations going on in the telematics sector, but these projects have yet to see large-scale deployments.
This week at CeBIT in Hannover, Germany, Orga Systems, a provider of real-time billing portfolios, is demonstrating its Energy & Service Billing Platform, which is able to bill energy usage in line with hourly spot market prices and is being shown in a “Wind-to-Home” scenario.
On Wednesday at CeBIT in Hannover, Germany, David He, president of marketing at Huawei enterprises, announced that Huawei plans to rack up $15 billion in enterprise contract sales in the next three years. The telecom equipment maker also said that its 2011 enterprise contracts totaled $3.8 billion,
The number of enterprises turning to cloud computing to revamp existing business models will more than double in the next three years, as business leaders move to capitalize on the rapid availability of data and the growing popularity of social media, according to a new study released by IBM.
Intel Corp formally launched its newest high-end "Xeon" server chip on Tuesday, seeking to capitalize on an explosion of Internet traffic sparked by Web-based cloud computing, social networking and expanding use of smartphones and tablet computers.
This might not be the year the world ends, as some say the Mayans prophesized, but it may seem like it for a telecommunications industry under pressure to meet booming demand for Internet resources.
By some projections, the explosion in adoption of Internet connected devices such as laptops, tablets, smart phones, blue ray players and Internet TVs could strain network bandwidth beyond capacity as soon as this year, causing cases of services loss as available access to network bandwidth becomes completely consumed by peak demand.
Laird Technologies Inc., a supplier of customized electronics and wireless products, announced its acquisition of Summit Data Communications, a manufacturer of wireless LAN modules and cards for mobile computers, medical devices, and similar equipment. Summit posted a revenue of $17.2 million in 2011, increasing 13% from the previous year.
Locaid, a Location-as-a-Service company, and Wyless, a global M2M managed services provider, announced an agreement whereby Locaid will provide location-based services (LBS) to Wyless customers and partners across the globe.