TORONTO, February 22, 2018 /PRNewswire/ --
New Optiva? solutions offer carrier-grade, end-to-end, converged billing BSS product developed on Google Cloud Platform
Redknee Solutions Inc. (TSX: RKN) dba Optiva ("Optiva"), an innovative software company that delivers mission-critical monetization and subscriber management solutions to leading communication service providers (CSPs) globally, today announced that Optiva is now a Google Cloud Technology Partner.
"The work we are doing with Google Cloud is a game-changer for CSPs, bringing to their BSS/OSS systems the speed, scalability and savings they need to win in their markets," said Danielle Royston, CEO of Optiva. "We are incredibly excited to offer Google Cloud Platform deployments to lower the total cost of ownership (TCO) across the board for our customers and to integrate an unparalleled database in Cloud Spanner, which offers incredible performance."
The company's work with Google Cloud demonstrates its anticipation of market trends around digital transformation, its focus on its customers' success and its investment in research and development to elevate its software. Optiva will kick off their partnership with Google Cloud at the 2018 Mobile World Congress Feb. 26 to March 1 in Barcelona, Spain, and jointly showcase two new innovations:
Optiva is also offering the 10x Challenge - an opportunity for customers using Optiva Charging Engine? or Redknee Unified to see a 10 times performance improvement in their own environments with their own data, using Cloud Spanner and Google Cloud Platform. This proof of concept is available at no cost to customers.**
To learn more from Optiva and Google Cloud, visit them at the 2018 Mobile World Congress, Hall 2 Stand 2J31.
*Based on internal testing by Optiva.
**Subject to terms and conditions.
About Optiva (formerly Redknee Solutions Inc.):
Optiva monetizes today's digital world for communications service providers. Our portfolio of subscriber management software enables real-time billing, charging, policy management and user experience functionality that is mission-critical for our customers' growth and innovation. Available on-premise or in the cloud, Optiva? solutions are designed to deliver the most impact for the best value. Our deep market knowledge and powerful analytical insights coupled with the Customer Success program ensure our customers have what they need to achieve their strategic business goals. Established in 1999, Redknee Solutions Inc., dba Optiva, can be found on the Toronto Stock Exchange (TSX: RKN). For more information, please go to http://www.optiva.com.
GURGAON, India and NEW YORK, February 22, 2018 /PRNewswire/ --
Yatra Online, Inc. (NASDAQ: YTRA) (OTCQX: YTROF), India's leading online travel company, today announced the appointment of Sean Aggarwal, former CFO of Trulia, Inc., to its Board of Directors effective March 1, 2018.
"We are very pleased to have Sean join our board and look forward to his contributions," said Dhruv Shringi, Yatra's CEO and Co-founder. "We conducted an exhaustive search for someone who would further strengthen our board's breadth of talent and background, and we are delighted to have identified such an outstanding individual. I'm confident that Sean is going to make an important and positive impact on our company. Sean is a Silicon Valley leader and his capital markets experience and strategic insights into the consumer tech segment will be invaluable to Yatra as we continue to expand our reach and customer base in both Consumer and Corporate travel markets in India."
Sean is a current board member of Lyft and the former CFO of Trulia, which he helped take public in 2012 and later in 2015 orchestrated its sale to Zillow for 5x the IPO valuation. Prior to Trulia, Sean held finance positions at Paypal, eBay, Amazon, PepsiCo and Merrill Lynch Investment Banking. Sean was named CFO of the year by Proformative in 2013. He holds an MBA from Northwestern University's Kellogg School of Management
"Yatra is a great growth story in an emerging market and I am excited to be a part of a company which has such a large opportunity in front of it. I have great respect for Yatra's board and leadership team, and I look forward to working with them," said Aggarwal.
About Yatra Online, Inc and Yatra Online Pvt Ltd
Yatra Online, Inc is the parent company of Yatra Online Pvt Ltd which is based in Gurugram, India and is one of India's leading online travel companies and operates the website Yatra.com. The company provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point cabs, homestays and cruises. As a leading platform of accommodation options, Yatra provides real-time bookings for more than 83,000 hotels in India and over 800,000 hotels around the world.
Customers can access Yatra in multiple ways: through a user-friendly website, mobile optimised WAP site and applications, a multi-lingual call centre, a countrywide network of Holiday Lounges and Yatra Travel Express stores.
Launched in August 2006, Yatra was ranked the Most Trusted e-Commerce Travel Brand in India in the Economic Times Brand Equity Survey 2016 for the second successive year, and has won the National Tourism Award for 'Best Domestic Tour Operator (Rest of India)' at the India Tourism Awards held in September 2017 for the third time in a row.
Safe Harbor Statement:
This press release contains certain statements concerning the Company's future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current expectations, assumptions, estimates and projections about the Company and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "will," "project," "seek," "should" and similar expressions. Such statements include, among other things, management's beliefs as well as our strategic and operational plans. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the slow-down of economic growth in India and the global economic downturn, general declines or disruptions in the travel industry, volatility in the trading price of our shares, our reliance on our relationships with travel suppliers and strategic alliances, failure to further increase our brand recognition to obtain new business partners and consumers, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in India and overseas, failure to successfully develop our corporate travel business, damage to or failure of our infrastructure and technology, loss of services of our key executives, and inflation in India and in other countries. These and other factors are discussed in our reports filed with the U.S. Securities and Exchange Commission. All information provided in this press release is provided as of the date of issuance of this press release, and we do not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For further information, please contact:
Yatra Online, Inc.
VP, Head Investor Relations
Telit's deviceWISE industrial grade IoT platform boosts manufacturing operations productivity while accelerating IoT time to value
SANTA CLARA, California, Feb. 22, 2018 /PRNewswire/ -- Based on its recent analysis of Industrial Internet of Things (IIoT) platforms for discrete applications market, Frost & Sullivan recognizes Telit with the 2017 European Customer Value Leadership Award for its broad portfolio of IIoT-driven offerings, such as modules, connectivity solutions, industrial and IoT platforms, and general expertise in the field. Specifically, Telit's deviceWISE IoT platform helps customers solve interoperability issues across the manufacturing enterprise, improving productivity and accelerating their time to value.
The IIoT requires linking assets to each other throughout the manufacturing value chain to extract valuable, real-time intelligence from the huge datasets they constantly generate. Both developers and manufacturers are exploring new tools and techniques to improve the bottom line.
Different types of equipment from multiple vendors follow different protocols and standards, making it difficult to connect them to enterprise IT systems. Many companies still use legacy systems that require specialized skill sets to make them IoT-ready, which compounds integration challenges and delays time to value. For instance, a German automotive company adopted Telit's platform to connect its assembly line, including robots, PLCs and even DC tools to the factory back office maintenance system to allow automatic scheduling of maintenance. Telit's platform enabled smooth asset integration, making the manufacturing IIoT environment ready in only one day for what typically takes months!
"As machines become connected to enterprise systems, maintaining data integrity by ensuring secure data flow across the connected network becomes imperative. As such, customers need an advanced IoT platform that can facilitate the fast and seamless integration of industrial assets into a connected ecosystem, generate real-time actionable intelligence to boost performance, and significantly enhance performance quality and efficiency," said Sharmila Annaswamy, Senior Analyst, Frost & Sullivan.
Telit's deviceWISE industrial grade IoT platform, comes with pre-programmed connectivity and integration capabilities that can solve interoperability issues between different machines, protocols and systems.
Telit deviceWISE automatically links all factory and business system applications to each other, allowing customers to enjoy the value of an IIoT-enabled manufacturing platform faster than is possible with competing solutions.
Telit's innovative platform lets customers connect new and legacy systems. Even old legacy machines can be integrated to modern enterprise systems, applications, and even cloud-enabled databases.
Vendor-independent deployment in the cloud, on-premise, or as a hybrid system speeds up the integration process. The platform's compatibility with any operating system and system architecture eliminates the need for hardware-related investments to make manufacturing environments IIoT-ready. As the only industrial grade IoT platform that horizontally links and offers holistic operational visibility from shop floor to top floor and across the entire manufacturing value chain, Telit deviceWISE removes the need for separate interfaces to program assets, even in the future.
"What differentiates Telit's deviceWISE from other competing solutions is its strength in high speed data collection and processing. The platform has a powerful edge processing engine that allows customers to create both simple and complex applications using a fourth-generation programing language interface. This capability greatly improves the connection of any industrial machine to any IT system," said Ms. Annaswamy, "For full commercial installation of the Telit deviceWISE platform, Telit offers customers pay-as-you-go pricing in a subscription or perpetual model, meaning customers only pay for the services they use."
Telit's industry-leading solution allows customers to gain end-to-end visibility into the manufacturing value chain, enabling operational and IT teams to collect industrial data, control manufacturing quality, perform OEE calculations, create preventive and predictive controls, create charts and HMIs, and much more. For its clear customer value proposition and platform effectiveness, Telit has earned Frost & Sullivan's 2017 Customer Value Leadership Award in the European IIoT platform for discrete applications market. For more information, visit www.telit.com/iiot-report.
Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement connecting the world from the inside out. The company offers the industry's broadest portfolio of integrated products and services for IoT deployments ? including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.
Along with Facebook, Microsoft, Amazon and others, MediaTek supports open and mainstream frameworks to drive AI innovation
SAN DIEGO and HSINCHU CITY, Taiwan, Feb. 22, 2018 /PRNewswire/ -- MediaTek today announced that it has joined the Open Neural Network Exchange (ONNX) to drive AI innovation and support the evolution of its edge AI platform.
ONNX was created and launched by Amazon, Facebook and Microsoft to establish an interoperability standard for transferring deep learning models between frameworks. The result is an open ecosystem that allows AI developers to mix and match the tools and frameworks they need during any stage of a project.
Existing involvement in the Android Neural Network (ANN), combined with its new support of and participation in ONNX, is part of MediaTek's strategic imperative to continue integrating AI across its technology portfolio.
MediaTek is also building upon its recent announcement to enable AI edge computing with the launch of its new NeuroPilot AI platform, which encompasses both hardware and software. MediaTek NeuroPilot includes an SDK and an AI processing unit to support the development of AI enabled mobile and smart home devices as well as autos.
"A key to developing AI applications and capabilities lies within an open ecosystem where shared research and interoperability are the true enablers of innovation," said Jerry Yu, Corporate Vice President and General Manager of the Home Entertainment Business Group, MediaTek. "In an effort to evolve our own AI platform and to ensure that interoperability and choice is preserved when developing with MediaTek NeuroPilot, it made sense to widen our support for open AI frameworks by joining the Open Neural Network Exchange."
The MediaTek NeuroPilot AI platform already supports mainstream AI frameworks, as it operates in concert with existing neural processing SDKs including Google TensorFlow, Caffe, Amazon MXNet, Sony NNabla, and more. At the OS level, MediaTek offers support for both Android and Linux.
MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables 1.5 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile device, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies and advanced multimedia solutions across a broad range of products such as smartphones, tablets, digital televisions, OTT boxes, wearables and automotive solutions. MediaTek empowers and inspires people to expand their horizons and more easily achieve their goals through smart technology. We call this idea Everyday Genius and it drives everything we do. Visit https://www.mediatek.com/ for more information.
MediaTek Press Office:
WASHINGTON, Feb. 22, 2018 /PRNewswire/ --
Ericsson (NASDAQ: ERIC) is launching the IoT Accelerator Marketplace to help address the need for collaboration within the digital ecosystem community and benefit developers and service providers alike.
For service providers, it is a catalog to find IoT apps from the global ecosystem to offer enterprise customers and provides shorter time to market for new offerings to their enterprise customers.
For application developers and application partners it is a window to an IoT ecosystem to connect with service providers through one single platform, exposing global cellular connectivity APIs. It also includes monetization and settlement capabilities to facilitate monetization and billing across the ecosystem.
Carrie MacGillivray, Group Vice President, Internet of Things & Mobility at Market Intelligence firm IDC, says: "Communications service providers are racing to scale and differentiate in the fast moving IoT market. It's necessary for these service providers to have a robust developer ecosystem that helps them compete. For developers working across multiple service provider networks and platforms, the challenges of fragmentation are addressed by utilizing APIs that apply globally and are consistent across all mobile networks."
Jeff Travers, Head of IoT, Ericsson, says: "The launch of IoT Accelerator Marketplace will unlock the potential for different players in the value chain to deliver value. It is another stepping stone to make 5G a reality by enabling massive adoption of massive IoT. This supports service providers as they seek to expose network connectivity IoT APIs and monetize these assets."
Application developers can benefit from a new go-to-market exposing their offering globally through Ericsson. This will enable app developers to scale their business and at the same time develop applications based on cellular connectivity APIs with added value for enterprises, such as fast and automated device and subscription onboarding, higher security, ubiquitous cellular coverage around the world improved for indoor utilization, and superior handling of battery life.
Service providers and application developers can request access to the IoT Accelerator Marketplace here: IoT Accelerator Marketplace .
IoT Accelerator Marketplace is being demonstrated by Ericsson at MWC 2018. Ericsson's IoT Accelerator is a cloud-based horizontal offering comprising of platform services and professional services, for service providers. It provides continuous incremental functionality offered as a Service to enable agile creation and deployment of solutions for the Internet of Things.
For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press
Subscribe to Ericsson press releases here.
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ New York. www.ericsson.com.
ERICSSON AT MWC
The do zone at Mobile World Congress 2018 is where Ericsson is showcasing the powerful engagement, value and growth that comes with innovation in 5G, IoT and digital operations. With our live technology demonstrations and customer collaborations, we're rolling up our sleeves and digging in. We're showing, not just saying, why emerging technologies are essential to maximize business potential. Join us live and online at www.ericsson.com/mwc.
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Irrigation on a connected farm
ASCHHEIM, Germany, February 22, 2018 /PRNewswire/ --
Wirecard, the leading specialist in digital financial technology, cooperates with SES-imagotag, global leader in omnichannel solutions for physical retail, to launch an innovative in-store mobile shopping solution, which will bring the customer journey on a completely new technology level. SES-imagotag is a French stock-listed company that equipped over 14,000 stores in 55 countries with digital price tags. The solutions developed by SES-imagotag enable retailers to automate low-value-added processes, increase store efficiency, and enhance in-store shopper connectivity. Due to the new cooperation between Wirecard and SES-imagotag, shoppers will benefit from a seamless payment experience by paying with their smartphones via Wirecard's technology.
This new solution enables consumers to pay everywhere and at any time in store and avoiding long checkout lines. To shop and add products to their basket, shoppers just need to hold their smartphones in front of a digital price tag from SES-imagotag and scan a product (QR Code / NFC). Rich content, e-coupons and relevant product information can be pushed during the process, giving customers access to as much information as available online. To finalize their purchase, customers can then select their preferred method of payment on their smartphones. Wirecard is providing users with a wide range of digital payment options, including China Payment Solutions, which are fulfilling the needs of different target groups.
This solution suits all retail sectors, from grocery supermarkets to fashion stores, and is evolving the customer journey, offering consumers seamless and instantaneous shopping experiences. Retailers in the clothing sector can for example simply integrate the so called fashion tags instead of security badges on the clothes.
Michael Unmüßig, Senior Executive Vice President Marketing at SES-imagotag: "Our aim is to guide retailers toward constant innovation, ultra-efficient processes, seamless omnichannel retailing and boosted brand sales. We are very proud to partner with a company such as Wirecard, which will enable us to combine our ESL solution with digital payments. Through this partnership, we also become the very first digital price tag company 100% compatible with Alipay and WeChat Pay, global leaders in m-Payments."
Alexander Hahn, Vice President POS Retail Solutions at Wirecard, comments: "The new technology will help to transform the classical customer journey into a fast and seamless digital experience. Which is why we are delighted to announce our new partnership with SES-imagotag and looking forward to extend our collaboration gaining new businesses."
Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit http://www.wirecard.com or follow us on twitter @wirecard.
For 25 years, SES-imagotag has been the trusted partner of retailers for digital technology in stores. SES-imagotag, the worldwide leader in smart digital labels and pricing automation, develops a comprehensive IoT and digital platform that delivers a complete set of services to retailers. The SES-imagotag solution enables retailers to connect and digitize their physical stores; automate low-value-added processes; improve operational efficiency; inform and serve customers; ensure information integrity to continuously optimize on-hand inventory; prevent stock-outs and waste and create an omnichannel service platform that builds loyalty and meets evolving consumer expectations.
Wirecard media contact:
SES-imagotag media contact:
SES Imagotag Deutschland GmbH
STOCKHOLM, Feb. 22, 2018 /PRNewswire/ --Enea® (Nasdaq Stockholm: ENEA), a global supplier of network software platforms and world class services, today announced that JSC Ingenium has selected Enea's Qosmos ixEngine® to improve application visibility and service quality provided by its Gateway GPRS Support Node (GGSN).
JSC Ingenium is a Spanish Telecommunications Engineering company specializing in core network technologies and IoT solutions for mobile operators: MNOs and MVNOs.
JSC Ingenium has embedded Qosmos ixEngine into its GGSN, where the Deep Packet Inspection (DPI) engine classifies network traffic in real-time, in order to enable:
"Qosmos ixEngine provides the foundation for accurate application visibility and QoS," said José Losada, CTO at JSC Ingenium. "By integrating ready-to-use DPI software, our development teams can devote more time to their own areas of expertise, bringing advanced solutions to market faster and better serving our customers."
"With Qosmos ixEngine, JSC Ingenium now benefits from best-in-class traffic classification technology and their operator customers get detailed traffic understanding to enhance their business," said Jean-Philippe Lion, Senior Vice President of the DPI Business Unit at Enea. "I am delighted that our partnership has enabled JSC Ingenium to strengthen their offering in this way."
JSC Ingenium has operational deployments in 14 countries and provides services to more than 60 MVNOs and MNOs all over the world. The company offers a complete range of IoT, EPC and IMS Network Core infrastructure elements. The portfolio also includes a BSS system and a best in class OSS solution, for easy overall monitoring of key operational and business indicators.
Qosmos ixEngine is the de facto industry-standard for IP classification and metadata extraction, based on DPI. Telecom and networking specialists use Qosmos ixEngine to gain application visibility, accelerate development and strengthen capabilities of new solutions.
See a live demo of Enea Qosmos ixEngine at MWC18: Hall 6, Booth #6G10
Enea develops the software foundation for the connected society with a special emphasis on reducing cost and complexity at the network edge. We supply open-source based NFVI software platforms, embedded DPI software, Linux and Real-Time Operating Systems, and professional services. Solution vendors, Systems Integrators, and Service Providers use Enea to create new networking products and services faster, better and at a lower cost. More than 3 billion people around the globe already rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm.
For more information: www.enea.com
Enea®, Enea OSE®, Netbricks®, Polyhedra®, Enea® Element, Qosmos® and Qosmos ixEngine® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Polyhedra® Lite, Enea® ElementCenter, Enea® On-device Management, Enea® NFV Core, and Enea® NFV Access are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. All rights reserved. © Enea AB 2018.
VP Marketing & Communication, Enea
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