London, UK. 17 May 2022 – DevicePilot, the service management platform for smart energy and smart home companies, today announced the launch of DevicePilot Core. Core is DevicePilot’s major update since the company’s launch in 2016. It enables customers to manage their smart products at costs as low as 1p per device per month, reducing both the human and machine costs required for maintaining large estates of connected devices. (more…)
May 17, 2022
Posted by: Shriya Raban
Leuven, Belgium. 16 May 2022 – Septentrio, a Specialist in high-precision GNSS/INS* positioning and orientation solutions, takes a step today towards simplifying the integration process of its inertial GNSS receivers. RxLeverArm software tool has been released to aid GNSS/INS installation and improve accuracy, with automatic optimisation of lever-arm settings. (more…)
Posted by: Shriya Raban
Tampa and San Francisco, United States. 16 May, 2022 – Syniverse, communications technology provider to carriers and enterprises, and Twilio, the customer engagement platform that drives real time, personalised experiences for today’s brands, announced that the companies have closed on their previously announced strategic partnership. Twilio has invested [$750 million (€720.50 million)] for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake.
Under the terms of the transaction, Twilio has invested [$750 million (€720.50 million)] in Syniverse, with Syniverse concurrently having raised [$1.025 billion (€0.98 billion)] in new term loan debt and [$340 million (€326.63 million)] in new preferred equity, the proceeds of which were primarily used to reduce leverage.
Syniverse’s chief executive officer Andrew Davies comments, “This transaction provides Syniverse with the enhanced liquidity and financial flexibility that will enable us to accelerate investment in innovation, product quality, and breadth to benefit our enterprise and carrier customers around the world. Our partnership with Twilio, combined with our enhanced balance sheet following this new infusion of capital, leaves us well positioned to more effectively monetise the 5G and CPaaS revolutions, deepen our engagement with our customers across key industry verticals and create long-term value and opportunity for all our stakeholders.”
Through this partnership, Syniverse will benefit from Twilio’s breadth of experience serving enterprise customers to capitalise on the next wave of growth in digital communications. Syniverse will also be even better positioned to serve its carrier customers and support continued innovation, customer service and lasting growth.
Simon Khalaf, Twilio’s senior vice president and GM of communications Platform, says “We are pleased to have closed this partnership and investment to accelerate the next wave of innovation in mobile communications and drive long-term growth.”
James Attwood, senior advisor at Carlyle and Chairman of Syniverse, says “Today marks a new day for Syniverse and for Carlyle’s investment in the business. We look forward to continuing to partner with Syniverse and Twilio to accelerate the next wave of innovation in intelligent connectivity and communications.”
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May 16, 2022
Posted by: Janmesh Chintankar
Herndon, United States. 16 May, 2022 – ST Engineering iDirect, a global provider in satellite communications, will provide internet service provider and longtime customer, InterSAT Communication Services FZCO, with a significant technology upgrade, enabling it to deliver enhanced services to its customers across the African continent. The upgrade to its existing evolution platform will allow InterSAT to leverage new technologies and efficiencies to remain competitive in an increasingly challenging market. (more…)
Posted by: Janmesh Chintankar
Sophia Antipolis, France. 12 May 2022 – ETSI’s 5th generation fixed network group (ISG F5G) has released its specification for F5G network architecture ETSI GS F5G 004. This architecture will deliver a variety of services to residential and business customers over a single physical network with guaranteed SLAs (service level agreements). (more…)
May 13, 2022
Posted by: Janmesh Chintankar
The connected world is a changed world, and enterprises can no longer assume that they have full control over closed networks. Further accelerating the new normal is the COVID-19 pandemic, which shifted a large proportion of the workforce to remote working and forced businesses to increase their use of cloud platforms to support a variety of devices and networks. Unfortunately, criminals take advantage of this upheaval and attempt to increase network infiltrations for nefarious gains. (more…)
Posted by: Shriya Raban
San Jose, CA., USA. 11 May 2022 – Sharper Shape Group, Inc., a specialist in powerline inspection solutions for the utility industry has completed a US$18.0 million (17.28 million) Series B round, with participation from the Michael Harvey Trust as lead investor. (more…)
May 12, 2022
Posted by: Shriya Raban
Connexin Live is returning to Hull, UK in May 2022, bringing together industry leaders to demonstrate how smart technologies are changing the world. (more…)
Posted by: Shriya Raban
Grapevine, Texas, 10 May 2022 – Today at its inaugural Intel Vision event, Intel announced advancements across silicon, software and services, showcasing how it brings together technologies and the ecosystem to unlock business value for customers today and in the future. Among the benefits highlighted across real-world examples are improved business results and insights, reduced total cost of ownership, accelerated time to market and value, and positive global impact. (more…)
Posted by: Shriya Raban
Reading, UK. 9 May 2022 – Half of consumers (50%) say they wouldn’t be willing to pay more to receive good customer service and just a fifth (21%) say they would be willing to pay over 10% more. That’s according to a new consumer survey conducted by Enghouse Interactive. (more…)
Posted by: Shriya Raban