Industry news

The UK Government is investing more than £3 million into “The Engineering Hub” which will allow UK companies to use 5G and satellite technology.

The engineer hub will be a centre for researchers and businesses to look at the benefits of 5G and satellite technology. The hub will also develop software that allows satellite networks.

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French authorities have warned US tech firms like Amazon that they will have to pay the new digital service tax.

Many mark this as the end of the commitment between Washington and Paris which was formed in January to extend the period for meetings regarding tax.

The US trade department are supposedly now implementing tariffs of up to 25% on French goods. 

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Vodafone UK has partnered with IoT.nxt to offer consumers everything IoT solutions has to offer and to remove barriers between IoT and business adoption. 

Vodafone will provide IoT sensors, devices and create a data management platform. The aim is to consolidate multiple processes into one platform to increase business adoption. 

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SK Telecom, a South Korean wireless telecommunications operator has announced that they have developed a cloud network system with Samsung that will deliver better 5G services to consumers. 

This cloud core network system will be the first in the industry to meet all the regulations and perform with 5G.

SK Telecom and Samsung only signed a contract earlier this year in order to provide 5G solutions and 6G development.

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UK telecom firms may have to pay fines of up to £100,000 per day if they don’t follow new regulation enforced by the UK Government banning the use of Huawei Technology 5G equipment.

This move is to reduce the UK’s reliance on “high-risk vendors.” The fines could be initiated from next year, but they are more likely to be enforced from 2027.

Ofcom will be given the power to monitor the telecom companies and ensure that they are abiding by the new regulations.

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Huawei Tech rival companies Xiaomi, Oppo and Vivo are stepping up their game in order to absorb Huawei’s market shares in the US after recent trade restrictions banned Huawei 5G technology from being imported into the US.

However, Huawei is still very dominant in the market with a market share of 41.2% in the Chinese smartphone shipments industry in Q3 of 2020.

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Software company, Sage, has experienced a fall in shares by more than 13% as they announce a shift to cloud computing.

As digital transformation accelerates, Sage plans to increase their spending on sales, marketing and R&D to create the new Sage Business Cloud Software in order to drive the success of Sage in the future.

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The EU is failing to control big tech companies like Facebook as they lack the legal strength and are being too slow to enforce regulation within the industry. 

It has been a decade since the EU first started a competition investigation with Google.

New regulation is set to be enforced where big tech firms have to share the data they collect with smaller rivals.

However, the EU competition commissioner acknowledges that more needs to be done in order to create a level playing field.

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Global spending for cloud is predicted to be up by 18.4% in 2021 according to Gartner’s recent report due to increasing demand for remote services.

Gartner also predicts that cloud will account for 14.2% of total global enterprise IT spending in 2024.

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Microsoft is starting to enter the 5G network market. This comes as Huawei 5G Technology has been banned across the UK and as Microsoft has signed contracts with Verizon, Vodafone and Deutsche Telekom. 

Microsoft is marketing themselves as partners to networking operators like Vodafone in order to reduce delays in transmitting data over the network. 

They are facilitating the 5G network with Azure data centres and cloud services.

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