Telecom Industry News
Pipeline's technology industry news column this month should be titled “innovation industry news.” This month's headlines, summarized below, represent a broad swath of the stories and initiatives shaping our present and future. Pipeline's News Center burgeoned with the stirrings of technical innovation across the industry, from new survey research that reveals what’s next for retail shopping experiences; to new developments in cybersecurity and IoT security; to the first successful test handover of a connected car between two US 5G networks.
The top telecom industry news stories from the month are summarized below. To view all the news as it breaks, check out Pipeline’s News Center or subscribe to receive our Pipeline’s weekly technology news summary.
Innovation News
In leaderboard and innovation news, Ericsson has launched Startup 5G, a program designed to help communications service providers to capture the consumer potential of 5G. Three Ireland is the first CSP to join the global initiative. AT&T has been making headlines, announcing a definitive agreement to create a new, standalone global entertainment company combining the assets of WarnerMedia and Discovery. It also announced that a new private AT&T network will revolutionize the way patients and researchers connect to advance cancer research at the University of Southern California—part of a bevy of news headlines portending innovation in healthcare and telemedicine. In related news, Juniper Research released a new report on telemedicine, finding that it will save the healthcare industry $21 billion in costs by 2025, up from $11 billion in 2021.
These announcements signal key technology trends, as do recent survey and research results. According to survey data from IDC Research and Lumen Technologies, delivering seamless experiences online as well as on the sales floor is an imperative for retail business leaders. Recent survey data shows that 73 percent of retail business leaders are turning to edge computing as a strategic investment as they prepare to meet business where it is going. This makes sense in light of another Juniper Research report, which finds that commerce spending will rise to over $11.6 trillion by the end of 2021, from $10.5 trillion last year, a growth of 11.5 percent in a single year, as the shift to digital channels accelerates.
In other innovation news, the Federal Communications Commission announced it has adopted new rules to bolster the U.S. commercial space industry’s access to spectrum needed for successful rocket launches for private space travel and satellite launches. Skyward, a Verizon company, announced its integration with Pix4D, giving customers the ability to turn drone data into 2D maps and 3D models. Enterprises and drone pilots can now plan flights, receive approval to fly in controlled airspace with LAANC, fly with Skyward’s InFlight ground control station, and process data using Pix4D—all from within the platform. And Climate & Capital Media and Science4Data are partnering to introduce Climate Media Signal, the first public AI platform analyzing ESG and climate media trends using advanced data tools to support better decision-making.
Transformation news included an announcement from Atos and DreamQuark on the launch of the Sustainable Investment Brain, a digital platform for banks and insurers that is compliant with the principles of transparent artificial intelligence established in a new European proposal regulation. Also this month, Atos announced it has inaugurated its new global Research & Development Lab in France, dedicated to research in quantum computing, high-performance computing, edge, artificial intelligence and cybersecurity. In Europe, Atos and the Institute of Information Science, Slovenia announced that the first EuroHPC supercomputer is now operational. In other innovative AI news, Subex has introduced HyperSense, an end-to-end augmented analytics platform to help businesses make better decisions faster
by leveraging AI across the data value chain.
In other news, Juniper Research released a study which predicted a surge in digital content as we become ever more connected. The total market value of digital content will reach $432 billion by 2026, more than doubling from $211 billion estimated in 2021, accelerating 105 percent over the next five years.
