UK Announces Major Telecom Investments with Budget 2017
The UK Chancellor of the Exchequer Philip Hammond has announced the Budget for 2017, with new measures to boost 5G mobile and another GBP 200 million for FTTH/P, ISPreview reported. The amount will go to local projects to promote private sector investment in full-fibre (FTTH/P) networks for both homes and businesses. About GBP 16 million will help set up a new 5G Mobile technology hub. There will also be a new Digital Infrastructure Investment Fund (DIIF), with an additional GBP 400 million.
Reflecting recommendations from the National Infrastructure Commission, also reflected in the recent 5G report by TechUK, the government wants to ensure the UK becomes a world leader in 5G with a new National 5G Innovation Network to trial and demonstrate 5G applications. The first phase will set up the new centre of 5G expertise, with public and private sector partners. Funding for future trials will be awarded on a competitive basis. Coverage on roads and rail will also be improved and the government will work with Ofcom to ensure UK regulations work for 5G.
Information Security Spending to Reach $90bn in 2017 Globally
Global spending on information security is expected to reach $90 billion in 2017 -- an increase of 7.6 per cent over 2016 -- to top $113 billion by 2020, market research firm Gartner said on Tuesday.
According to Gartner, spending on enhancing detection and response capabilities is expected to be a key priority for security buyers through 2020.
"The shift to detection and response approaches spans people, process and technology elements and will drive a majority of security market growth over the next five years," said Sid Deshpande, principal research analyst at Gartner.
The need to better detect and respond to security incidents has also created new security product segments such as deception, endpoint detection and response (EDR), software-defined segmentation, cloud access security brokers (CASBs) and user and entity behaviour analytics (UEBA).
These new segments are creating net new spending, but are also taking spend away from existing segments such as data security, enterprise protection platform (EPP) network security and security information and event management (SIEM).
Worldwide Telecom API Market $310.0 Bn Value Will Climb Throughout the Year 2021
Zion Market Research has published a new report titled "Telecom API (SMS, MMS & RCS, Payment, Voice/Speech, Maps & Location, Identity Management, Web-RTC and Others) Market For Internal Telecom Developer, Enterprise Developer and Partner Developer Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021" According to the report, the global telecom API market was valued at approximately USD 54.5 billion in 2015 and is expected to reach approximately USD 310.0 billion by 2021, growing at a CAGR of around 22.0 % between 2016 and 2021.
IWCS and UL Collaborate on China Conference The UL and IWCS China 2017 Cable & Connectivity Symposium is the premier Asian venue to learn of new technologies in cable and connectivity materials, products, processes and applications.
IWCS Inc., producer of the International Cable & Connectivity Symposium, and UL, a global independent safety science company, have collaborated to establish a regional Asian conference in Shanghai, China. The UL and IWCS China 2017 Cable & Connectivity Symposium is the region's leading forum for the exchange of information on technical innovations and solutions in the industry. Based on the IWCS educational symposium format, the China symposium will be held on April 25-27, 2017 at the Marriott Shanghai City Centre.more>>
CeBIT 2017: Smart Cities of the Future Digitalization is opening up massive opportunities – and not only for businesses. Cities and municipalities are also benefiting from the Internet of Things, Big Data and artificial intelligence. At CeBIT 2017 some of the top names in the industry will be unfolding their vision for the smart cities of the future.more>>
OFC 2017: Service Lifecycle Management in Action You have enough on your plate – trying to operate your network while figuring out a plan on how to migrate all of your TDM circuits to IP, and your budget probably isn't growing either. At next week's OFC in Los Angeles, we're excited to show you the latest innovations in our service lifecycle management platform. It takes an SDN-oriented approach to lifecycle management, enabling you to simplify and automate day-to-day management tasks including planning, provisioning, and service assurance. In the past, these functions were done in silos – with different tools, often by different teams, and possibly in different locations. With our new platform, you have one integrated dashboard that supports all these key management tasks – in one easy to use application.more>>
Vendor/Device
NeoPhotonics to Demo New 64 GBaud Micro-Modulator at Upcoming OFC
NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks), is to demonstrate its new 64 GBaud, polarization multiplexed, quadrature micro-modulator (Micro-MOD) at the Optical Fiber Communications Conference and Exhibition in Los Angeles, California, March 21-23.
Huawei Acquires 16% Stake in Bakrie Telecom
The Indonesian unit of Chinese telecommunications giant Huawei has secured 16.83 percent of local operator Bakrie Telecom through bond conversion, The Jakarta Post reports, citing Bakrie Telecom president commissioner Anindya Novyan Bakrie. The company representative said the conversion would help improve Bakrie Telecom's financial status as it had converted IDR 1.23 trillion (approximately USD 92.05 million) debt into shares.
Finisar Miss and Lowered Guidance Takes Down The Optical Components Complex
Finisar, the optical component maker, shares got whacked this past Friday after it reported earnings and provided guidance the prior day that came in below Street expectations.
Finisar reported FQ3 earnings of $0.59 per share versus Street consensus of $0.62 per share.
Enterprises
FiberHome Communication Layout of Super- Wide Access Network in 5G Era In 5G era, the ultra broadband demand tend to be more clear, rich business of ultra broadband access network proposed the "three highs" super wide, on-demand features. In order to adapt to network changes, the construction of a super wide, on-demand ultra broadband access network has become more and more urgent work. FiberHome Communication layout the next generation of PON, help operators to accelerate under the age of 5 g broadband access network transformation.
Prysmian Inter-Array Cables for Two Offshore Wind Farms Prysmian Group has secured two new contracts for offshore wind farms in Germany and Denmark.
The contracts are for the development of inter-array cable systems to link among the turbines composing the Merkur offshore wind farm in Germany and Horns Rev 3 offshore wind farm in Denmark.