Report: Global operator data revenues to surpass voice by 2018

first_img Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 25 FEB 2013 Vodafone ups diversity efforts Previous ArticleEricsson claims new 4G deal strengthens #1 positionNext ArticleShazam refreshes to meet tablet growth Author Home Report: Global operator data revenues to surpass voice by 2018 ServicesTechnology Justin manages the editorial content for the Mobile World Live portal and award-winning Mobile World Live TV service. In the last few years Justin has launched and grown a portfolio of premier media products, which include the Mobile World Congress… Read more IFA Berlin to get fresh format CTA, Trump push for tech skills training Justin Springham Related Industry association the GSMA claims mobile operator data revenues will overtake voice revenues globally by 2018, driven by a surge in demand for connected devices and machine-to-machine (M2M) communications.The GSMA’s new report, developed in partnership with PwC, highlights a number of statistics it says will “revolutionise people’s lives over the next five years.”Touted benefits in developed countries include: a saving of $400 billion in healthcare costs in OECD countries from mhealth services, a saving of one in nine lives through emergency calling services via so-called ‘connected cars’; a reduction in student drop-outs by eight per cent or 1.8 million children, thanks to meducation services; and a reduction in carbon emissions by 27 million tonnes (the equivalent of planting 1.2 billion trees) via smart metering technology.In developing countries, the report argues that mHealth could help save one million lives in sub-Saharan Africa; mAutomotive technology will improve food transport and storage, which could help feed more than 40 million people annually – equivalent to entire the population of Kenya; mEducation could enable 180 million students to further their education; and intelligent transport systems could reduce commute times by 35 per cent, giving commuters back a whole week each year“Mobile data is not just a commodity, but is becoming the lifeblood of our daily lives, society and economy, with more and more connected people and things,” said Michael O’Hara, Chief Marketing Officer, GSMA. “This is an immense responsibility and the mobile industry needs to continue collaborating with governments and key industry sectors to deliver products and services that help people around the world improve their businesses and societies.”last_img read more

Silver Lining

first_imgNAPA, Calif. – While his coronation hit a bit of a snag down the stretch, the end result is still the same: Sang-Moon Bae is a winner again on the PGA Tour. Beginning the day with a four-shot lead, Bae held on to win the Frys.com Open by two shots over Steven Bowditch. After going 36 starts without so much as a top-10 finish since his maiden victory, the South Korean broke out of his slump in a big way at Silverado Resort & Spa, amassing a six-shot advantage at one point during the final round before hanging on to claim the trophy on a blustery day in wine country. “The course wasn’t easy. The greens were so fast,” Bae said. “I know how well I did this week. I hit the ball really solid and (I’m) swinging really good, so I’m very happy and still excited.” Halfway through the final round, the 28-year-old appeared to be on cruise control. After a birdie on the par-5 ninth hole, he made the turn in 1 under, stretching his lead from four shots to five. That advantage grew to six after 12 holes before Bae began to leak a little oil – a result that he attributed to checking the standings. “I didn’t want to look at the scoreboard, but I did. I looked a lot,” he said. “That’s why I made a lot of bogeys on the back nine.” Those bogeys began with a short miss on the par-3 11th, then Bae hit errant drives on Nos. 13 and 14 that led to two more bogeys. What had appeared to be an easy stroll to the winner’s circle turned into anything but, as his lead quickly shrank to two shots heading into the final four holes at Silverado. “I think I was a little nervous, (lost) a little focus, too,” he said. “I don’t know why.” Frys.com Open: Articles, videos and photos After a par on No. 15, the turning point of Bae’s round came at No. 16 for the second straight day. As he did in the third round, Bae got up and down to save par, which maintained his two-shot advantage and allowed him to secure the win with two closing pars. “I think it was the hardest chip shot today,” Bae said of the shot from behind the green that he played to three feet. “If I made bogey (on) that hole, I think I lose focus (on the) next hole.” The win moves Bae into select company with K.J. Choi and Y.E. Yang as the only Korean-born players to win multiple times on the PGA Tour. It’s a rapid turnaround for a player who two months ago needed a T-14 finish at the Wyndham Championship to sneak into the FedEx Cup playoffs. Bae didn’t think a win was on the horizon when he set foot onto the course this week, having missed the cut in his most recent competitive start at The Barclays nearly two months ago. “My goal was top 10,” he said. Bae led the field this week in strokes gained tee to green, and he finished fourth among the field in proximity to the hole. Despite the bobble down the stretch, Bae’s overall performance at Silverado made him a deserved winner, and it was one that Retief Goosen saw coming after playing with Bae for the first two rounds. “He hit the ball very well, and his putter was red hot,” said Goosen, who tied for third. “I knew he was going to be tough to catch this weekend the way he was striking it. He’s not really going to make many mistakes.” Bae’s win also puts him into the early mix for a spot on the International squad at the Presidents Cup, as the event heads to South Korea for the first time in October 2015. “I think it’s important to me because it’s in Korea next year. It really means a lot,” said Bae, who added that a spot in the 2016 Olympics remains another goal. “There’s a lot of good golfers in Korea, but I’m really working hard. I really want to play Presidents Cup next year.” While his maiden win at the 2013 HP Byron Nelson Championship failed to serve as a launching pad to bigger and better things, Bae believes that his game was still solid last season – the results were simply lacking. With that game once again carrying him to the winner’s circle, he insists this victory will serve as the building block that many expected after his win at TPC Four Seasons – even if he had to work a little harder than expected. “The first one was hard, but the second one was more difficult,” he said. “But now that I’ve got the second one, I think third and fourth will come easy since I have the confidence.”last_img read more

Almirola after extending with SHR: ‘Going to continue to strive for success’

first_imgTALLADEGA, Ala. — Stewart-Haas Racing renewed its partnership with Aric Almirola and Smithfield Foods earlier this week, maintaining the driver-sponsor combination on the No. 10 Ford Mustang in the NASCAR Cup Series for 2020.The partnership started back in 2012 in Almirola’s first full-time year in the NASCAR Cup Series. “Having a sponsor in this day and age is pretty critical,” Almirola said Friday at Talladega Superspeedway. “We knew it was going to happen, just a matter of dotting all the I’s and crossing all the T’s.”Almirola declined to reveal the terms and length of the renewal, which have not been made public.When asked if this renewal provides more job security and a look into his future, Almirola said performance was still the ultimate goal.“We haven’t had the year we had last year and that’s just part of the sport,” said Almirola, who was eliminated from the playoff picture after the Round of 16. “Not the year we wanted but we’re going to continue to strive for success and move the needle.”Almirola is the defending race winner at Talladega, where he claimed a victory that locked him into the Round of 8 for the 2018 NASCAR Playoffs.RELATED: Almirola, Smithfield back at SHRlast_img read more

Canadian firm iSun Energy expands into Vermont

first_imgVermont Business Magazine iSun Energy LLC has announced the opening of its first US office in Burlington, Vermont. The Canadian solar technology developer said in a press release that it selected Vermont for its proximity to the border, as well as its innovative and environmentally-conscious public policy and support for startups. The Montreal-based company designs and manufactures solar energy canopies and carports.“We are pleased to welcome another great Canadian company to Vermont,” said Governor Phil Scott. “My Administration looks forward to a continued partnership with our neighbors to the North in strengthening both of our economies.”iSun Energy photo of an Oasis canopy.iSun Energy is an associated company of the Canadian firm Renewz Sustainable Solutions. Founded in 2011 by CEO Sass Peress, Renewz develops and deploys solar-powered electric vehicle charging stations and creates solar power stations for cities, shopping malls, universities, utilities, car dealerships and power research facilities. Its unique iSun solar canopies feature two models: the iSun Palm for commercial use and the new iSun Oasis for residential consumers. The two-car carports start at $29,999. The Oasis canopies start at $11,999 and can be used on the driveway, or as a gazebo to generate electricity for the home.”The team representing the State of Vermont was instrumental in our decision to locate in Burlington,” Peress noted. “Their persistent and time-sensitive responses to our questions, as well as the encouraging environment that Vermont has set up for its startup constituents, were important factors in our decision-making process.”Peress worked with the Lake Champlain Regional Chamber of Commerce, the Agency of Commerce and Community Development (ACCD) and the Agency of Transportation to learn more about the benefits of doing business in Vermont and to explore opportunities for iSun’s expansion.“The growth of the electric vehicle charging market bodes well for Vermont’s goal to increase availability of electric vehicle chargers,” said Transportation Secretary Joe Flynn. “We look forward to working with iSun on expanding access to renewable power solutions.”For more information about iSun Energy visit: isunenergy.com(link is external).Source: The Vermont Agency of Commerce and Community Development 11.5.2018 accd.vermont.gov(link is external)last_img read more

Record results from BOC India

first_imgSubscribe Get instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270.last_img

History made as first South East Asia conference begins

first_imgGet instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270. Subscribelast_img

After Brexit the construction sector must embrace international opportunities

first_imgTo continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Get your free guest access  SIGN UP TODAY Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Subscribe now for unlimited accesslast_img read more

Government to sell 25% stake in Georgian Railway

first_imgGEORGIA: The government announced plans to privatise a 25% stake in state-owned Georgian Railway on April 16. An initial public offering is planned for May, with global depositary receipts to be listed on the London Stock Exchange.GR is a vertically-integrated operator with a statutory monopoly on its 1 600 km 1 520 mm gauge network, which is almost entirely electrified at 3·3 kV DC; there is also a 37 km long 914 mm gauge branch. In 2011 more than 95% of GR’s revenue came from freight. Citigroup and Goldman Sachs International have been appointed as joint global co-ordinators and bookrunners for the IPO, which aims to enhance GR’s access to international capital markets and provide strategic flexibility to support long term growth. There is an expected dividend payout policy of at least 30% of annual consolidated net income from 2012. GR is predicted to benefit from GDP growth and increasing regional oil production. Its development plans include more containerisation, increasing the proportion of higher-value dry cargo transit, and expanding the network to develop new transit routes including the Baku – Tbilisi – Kars corridor from the Caspian Sea to Turkey and Europe. A US$420m modernisation project to be completed in 2016 is expected cut annual operating costs by 40% compared with 2008 levels. ‘We are already one of the very few railway companies in the world delivering profitable growth without reliance on government subsidy’, said CEO Irakli Ezugbaia. ‘Our IPO will now mark another stage in Georgian Railway’s evolution, bringing greater profile and visibility to the value we are creating to support our long term expansion plans in the region. As a unique combination of a statutory monopoly with deregulated tariff-setting located at the junction of one of the emerging world’s most important transport corridors, I believe we have a new rail industry story to tell to investors seeking quality exposure to the Caucasus and Central Asian regional growth.’ Georgia is to accede to the Intergovernmental Organisation for International Carriage by Rail on May 1. Georgian Railway in 2011 US$, millionyear-on-year changeRevenues 285·8 +18%EBITDA 155·6 +33%Net income 104·4 +72%EBITDA margin 54%last_img read more

NBA trade rumors: Which big men could soon hit open market?

first_img Jonas Valanciunas, RaptorsValanciunas is now only a spot starter for the Raptors, and he is down to about 18-20 minutes per game. But in Toronto’s new system, they’ve been really valuable minutes, and he has squeezed a lot of production out of drubbing second-unit bigs — 12.7 points and 8.5 rebounds per game.There are no apparent plans, sources told SN, to put Valanciunas on the block.Robin Lopez, BullsLopez will earn $14 million in 2018-19, the final year on his current deal, so the Bulls would be OK just waiting out the remainder of his contract and going from there. But Wendell Carter is the center of the future, and Lopez is still an effective rebounder, defender and pick-and-roll big. MORE: Timberwolves have one real solution to stop Butler trade dramaThe burly center that the GM views with adoration in July is usually viewed with contempt by the coach in December.With that, SN spoke with a few league executives this week to get a grip on some of the big men who could be hitting the trade market this winter — and those who probably won’t.Nikola Vucevic, MagicThe prevailing wisdom has been that the arrival of No. 6 pick Mo Bamba has meant that Vucevic’s days in Orlando are numbered. But multiple league sources told SN that is not the case.”There is nothing serious going on there with them moving Vuc,” one source said.The team has entertained no real offers for their center, and in fact, the Magic have been rather happy with the way he has played. He’s averaged 19.2 points, 10.2 rebounds and 4.2 assists, and the Magic don’t want to toss Bamba into the starting lineup before he’s ready.Of course, if Orlando could squeeze a first-rounder or more from another team for Vucevic — who is in the final year of his deal — things could change, but the Magic tried to move him each of the past two seasons with no luck.Derrick Favors, JazzUtah did well to sign Favors this summer to a two-year deal with next season not guaranteed. That means Favors is essentially on a one-year contract.It’s become pretty clear that Favors needs to play center, and he can’t do so with Rudy Gobert in the middle with the Jazz. Favors vowed entering the season that he’d become a better 3-point shooter, but he’s been saying that for years and it hasn’t come to be.Few expect that Favors will be in Utah when next season starts, and if the Jazz can find a deal that brings in another forward with some versatility, Favors could be gone come February.Hassan Whiteside, HeatThe Heat have been looking to trade Whiteside almost from the moment he signed a four-year, $98 million deal in 2016. The market has been decidedly thin, as Miami has done little to hide the difficulty that comes with employing Whiteside, a talent on the glass and in the paint who makes a truckload of mistakes and is unreliable offensively.The big contract was red-flagged from the beginning, and no one has lined up to relieve the Heat of their error.  Tristan Thompson, CavaliersThe Cavs are 0-6, and with Tyronn Lue gone, the wait for the fire sale is on. But as one executive put it, “Don’t hold your breath. If they decide to blow it all up, I don’t expect that decision to be made until we get close to the deadline. They still think they can win.” Kevin Love is expected to be the centerpiece if a talent dump happens, but his contract is prohibitive. It may be Thompson who is the first to go (or perhaps second after Kyle Korver).Thompson has two years and $36 million left on his contract (including this one). Though he is limited offensively and has a tendency to let his focus drift, Thompson is a good rebounder and screen-setter when he is engaged. If a playoff team comes calling, Cleveland will listen. It’s highly unlikely that the Bulls will land a first-round pick for him, but should a potential playoff team suffer an injury in the middle in the coming weeks, expect Lopez to be an option.Dewayne Dedmon, HawksDedmon exercised his player option last summer at $7.2 million, probably a wise decision considering the tight free-agent market. He is returning from a nasty ankle injury, and once he shows he is fully healthy, Atlanta will shop him. He’s a low-mistake, veteran big man who is effective defensively and flashed some 3-point ability (35.5 percent on 2.3 attempts per game) last season.Again, it might be tough to wring a first-rounder from a trade partner for a short-term rental like Dedmon, but his game fits easily into most styles of play. For a potential playoff team seeking depth, he’d be an ideal trade addition.center_img We’re two weeks into the NBA season, and these days that means the heating up of trade-rumor season, which now runs something like 11 months of the year — we only take a few weeks off after the trade deadline passes in February.As always, big men remain a tough bunch to figure in this context. So many of them, while useful on some level as offensive or defensive presences (rarely both), just don’t fit in the modern NBA, yet league honchos continue drafting them with high picks and doling out mega contracts to them in free agency. last_img read more

The Hottest IPO You’ve Never Heard Of

first_imgTags:#cloud#cloud computing#saas antone gonsalves Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market Related Posts center_img With an expected valuation of close to $100 billion, it’s understandable that no one can stop talking about Facebook’s initial public offering this week. But while Facebook basks in the social media spotlight, companies tackling tough business problems are exciting investors, if not consumers. Workday, for example, is expected to be among the largest IPOs this year in the business software market.Founded in 2005, the Pleasanton, California-based Workday makes payroll, accounting and human resources management software available over the Internet to 280 corporations, including big names like Time Warner, Kleenex-maker Kimberly-Clark and giant electronics manufacturer Flextronics. So far, Workday has raised $250 million from venture capital firms and other investors.Dave Duffield Strikes AgainThe company is the brainchild of David Duffield and Aneel Bhusri. Duffield, cofounder and chief executive of PeopleSoft, was forced to sell the company to Oracle in 2005 for $10 billion in a hostile takeover. Duffield and Bhusri, who was vice chairman of PeopleSoft, decided that same year to start rebuilding their company in the cloud.As of the end of 2011, Workday had more than $300 million in revenue and an estimated value of $2 billion, AllThingsD reported last week. The company expects to launch its IPO in the fourth quarter with the help of bankers Morgan Stanley, Goldman Sachs, Allen & Company and JPMorgan Chase & Co.Ironically, while the hype has focused on high-profile consumer and social-media IPOs, business-focused tech companies may be a better bet. On the consumer side, as of Friday, the stock of online game maker Zynga had fallen 25% from its IPO price in December last year. Stock of coupon site Groupon has dropped 50% since November 2011.But Jive Software, which makes social business tools, has seen its stock climb 50% from its IPO price in December 2011. Stock in Guidewire Software, which serves the insurance industry, is up almost 60% since the company’s debut in January. Workday is going after a market that is expected to soar. Worldwide revenue from delivering business software over the Internet is expected to reach $240 billion in 2020, a six-fold increase from 2010, according to Forrester Research.Cloud RulesCompanies of all sizes are looking at cloud-based software because it’s often easier and less expensive than deploying and maintaining on-premise applications. In an interview with Bloomberg TV in April, Bhusri claimed Workday’s HR software is half the cost and is much easier to use. “There’s no reason enterprise software needs a training manual,” he said.Early investors of Workday included Duffield and venture capital firms New Enterprise Associates and Greylock Partners, where Bhusri is a partner. In its last round of funding in December 2011, Workday raised $100 million from investors that included MSD Capital, owned by Dell founder Michael Dell, and Bezos Expeditions, the personal investment entity of Jeff Bezos, founder and chief executive of online retailer Amazon.Workday is not without competition. German software maker SAP bought rival SuccessFactors last year for $3.4 billion, and Oracle is expected to either buy or develop its way into the HR cloud. In addition, analysts are wondering how long it will be before Workday partner Salesforce.com begins to add competing capabilities to its cloud-based software for sales reps and customer relationship management.Despite the competition, Workday has built a solid business that investors and some analysts believe could make it a leading player in the HR software market – even though the general public has probably never heard of the company.Everyone knows Facebook, of course, but analysts are debating whether a company with slowing revenue growth and a potential valuation of 99 times earnings can possibly live up to its hype.Lead image courtesy of Shutterstock. Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai…last_img read more