Tag: Cloud Service

  • TRAI issues recommendations on cloud services

    TRAI issues recommendations on cloud services

    KOLKATA: Following a multistage consultation process, the Telecom Regulatory Authority of India (TRAI) has released recommendations on cloud services.

    The regulatory body issued a consultation paper on 23 October 2019 inviting inputs on the number of industry bodies, requirements for any CSP to become a member of an industry body, membership fee, governance structure and initial seeding of the industry body, etc. for comments and counter comments from stakeholders. Subsequently, an Open House Discussion (OHD) was held on 28 February 2020 at Delhi, where stakeholders participated and deliberated on the issues.

    Read more coverage on TRAI

    The salient features of the recommendations are:

    . Initiating a light-touch regulatory framework by setting up an industry body through a three-step process: enrollment of CSPs operating in India; formation of an ad hoc body to frame broad rules, organizational structure, election procedure, etc.; and the election of office-bearers to take over it’s functioning as a regular industry-led body.

    . Industry body to be registered under the Societies Registration Act, 1860, and to be formed using the approach followed for the formation of the M2M body by DoT.

    .  Scope of Cloud Service Providers, initially, to be limited to cloud service providers of Infrastructure as a Service (laaS) and Platform as a Service (PaaS) who are providing services in India.

    . Telecom Service Providers not to be allowed to share infrastructure and platforms related to Telegraph with a Cloud Service Provider (CSP] who is not a member of CSPs’ industry body registered with DoT.

    . The industry body so created to review its experience and further deliberate upon the need to form multiple bodies for different purposes, such as to address requirements of different market segments. DoT may require this review after two years of commencement of the functioning. of the first industry body, or such time as it considers appropriate.

  • Amazon posts stronger-than-expected Q2 result

    MUMBAI: E-commerce giant Amazon posted much-stronger-than-expected second quarter earnings. Owing to growth in prime subscriptions, cloud computing and nascent advertising business, the company topped $2 billion in quarterly profit for the first time in its history. Analysts predict those two factors will continue to push the company forward in coming quarters.

    Net income increased to $2.5 billion in the second quarter while last year in the same quarter the growth was $197 million. Net sales increased 39 per cent to $52.9 billion in the second quarter, compared with $38.0 billion in second quarter 2017. However, the sales growth was slightly below Wall Street’s estimates.

    “A big contributor to the quarter and the last few quarters obviously has been strong growth in our highest profitability businesses and also advertising,” CFO Brian Olsavsky said. “We’ve seen a greater-than-expected efficiency in a lot of our spend in things like warehouses, data centres, marketing.”

    This was the third consecutive quarter that Amazon has topped $1 billion in profit. Amazon’s cloud computing business, Amazon Web Services division, jumped to more than $6 billion in sales for the quarter. “Amazon Web Services is basically the silver bullet for them for future growth,” Synovus Trust senior portfolio manager Dan Morgan said as quoted by CNN.

    “I would say that, in addition to the operating efficiencies, advertising is also starting to make an impact on gross profit, although advertising is smaller in the international segment than it’s in North America, it’s growing at a same rapid clip year-over-year,” Olasavsky said in an earnings call.

    “We continue to invest. We’re investing in India obviously, and have seen good traction there. We just passed our Fifth Year Anniversary – celebrated our Fifth Year Anniversary, as the most visited site in India. So we think there’s a lot of great innovation that has continued to occur for Indian consumers and sellers, and that will continue,” he commented on Indian market.

    Amazon is on an upward journey this year. Earlier this month, its market value topped $900 billion for the first time. Following the result, the stock jumped 3 per cent in afterhours trading.

  • MyRepublic, Tata Communications sign deal for disruptive mobile services

    MyRepublic, Tata Communications sign deal for disruptive mobile services

    MUMBAI: Tata Communications has inked a deal with Singaporean TelcoTech MyRepublic as it looks to expand its services portfolio from broadband to mobile.
    While MyRepublic’s new mobile services are now available locally in Singapore only, it wants to venture into Australia, New Zealand and Indonesia in future. 

    The cloud-based Tata Communications MOVE™ platform will enable MyRepublic to become a mobile virtual network operator (MVNO) without having to make any capital investments in its mobile network infrastructure or service management.

    MyRepublic is also looking to capitalise  on the growing MVNO market, which expected to be worth US$ 75.25 billion in the next five years. With support of Tata Communications MOVE™ platform, the company wants to transform itself into Singapore’s first cloud-based MVNO.

    “The MVNO market is consolidating and within the next five years, 80% of existing MVNOs using a traditional ‘thick model’ will struggle in a market that is transitioning to the cloud,” GlobalData Asia Pacific Research head Dustin Kehoe said.

     Tata Communications MOVE™ also will power MyRepublic’s dynamic mobile plan offerings through its core network offering and end-to-end service management. 

    “Yet the resources needed for building and managing your own mobile network, as well as the services on top, is preventing many from taking the plunge. Tata Communications MOVE™ eliminates the cost and complexity of becoming an MVNO, helping ambitious companies like MyRepublic deliver innovative mobile services, anywhere in the world,” Tata Communications chief product officer Anthony Bartolo said.

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    Reliance Jio continues data pricing onslaught with more offers 

  • Turner using Accenture’s video solution platform for its OTT products

    Turner using Accenture’s video solution platform for its OTT products

    MUMBAI: Turner is relying on Accenture’s video solution platform to help manage and operate some of the company’s over-the-top content (OTT) products including FilmStruck in the UK, and Cartoon Network TV Everywhere (TVE) in Asia Pacific.

    “Leading media and content companies know that to respond effectively to the change in viewer consumption habits, they need to adapt their business strategies and models. By embracing OTT models, Turner is continuing to deliver on its brand promise, and we’re excited to be part of this,”  Accenture Managing Director Sef Tuma said.

    Accenture Video Solution (AVS) integrates digital video management, distribution and monetisation with ubiquitous video consumption. The cloud-based service is enabling Turner to integrate components from AVS along with proprietary and third-party solutions.

    “We are reimagining television by taking a fan-centric, technologically innovative approach to deliver high-quality experiences to our audiences wherever and whenever they choose,” Turner digital ventures and innovation, international executive vice president Aksel van der Wal said.

    “With Accenture’s flexible video solution, we are continuing to evolve our OTT app development platform and are well-positioned to deliver a wide variety of experiences to a much broader audience,” he added.

    Also Read:

    Indians don’t mind watching some ads if subscription fee is less

    Hoichoi to double original content to 100 hours this year