Ericsson warns of $76 million hit to cloud business
Swedish kit maker Ericsson has revealed the expected financial toll of impending cutbacks at its Cloud Software and Services division.
Swedish kit maker Ericsson has revealed the expected financial toll of impending cutbacks at its Cloud Software and Services division.
Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.
Microsoft has said there has been 775% increase of cloud services in regions that have enforced social distancing, and it has placed restrictions on customers to ensure performance.
MTN has announced the acquisition of music streaming platform Simfy at AfricaCom and outlined the future of the telco, which doesn’t look very much like a telco anymore.
It might seem like an unusual statement to make, but if the fortunes of the fourth industrial revolution are going to be realised, telcos need to stop bickering between themselves.
Telecoms operators are missing an open goal on cloud services, according to a report by cloud service market provider BCSG.
SAP and China Communications Services (CCS), a subsidiary of China Telecom Group, have launched a cloud computing datacentre in Shanghai.
Belgian incumbent operator Belgacom has launched a cloud storage service for its fixed internet customers, offering 10GB of storage for free, 30GB for a monthly fee of €2.95 and 200GB for €9.95/month. The Belgacom Cloud service will also enable users to access stored files across the operator’s pay TV system, Belgacom TV.
As uptake of cloud computing services by multinational corporations takes off, Ovum research indicates that the credibility of telcos as trusted providers in the space has increased significantly in the past year.
Business applications provider SAP has warned that Amazon’s recent EC2 cloud service crash will make it more difficult for the industry to convince business to move to the cloud.
At a time when speculation that both Google and Apple are preparing to launch cloud-based music services is rife, Motorola Mobility Ventures has announced the investment of an unspecified sum into Catch Media, a cloud-based content delivery service that last year, was rumoured to be part of Google’s plans to take on Apple in the online music space.
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