Industry News

Accenture has acquired Electro 80, a leading provider of operational technology (OT) for resources clients in Australia, including mining, energy, engineering, construction and utilities companies. The acquisition expands Accenture’s local digital OT capabilities, which help asset-intensive companies make manufacturing and production operations safer and more efficient. The acquisition also strengthens Accenture’s local capabilities for Industry X, which helps clients digitise their manufacturing, operations and engineering.

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has been included among major participants and setters of the global 5G standards for leading the world in 5G technology, patents, standards, industries, and terminals, according to the latest report “Challenges and Prospects for China's Telecommunications Industry and Intellectual Property Market” by established investment management company Jones Lang LaSalle (JLL).   

Spending on global public cloud services is projected to reach $332.3 billion in 2021, increasing by 23.1% from $270 billion in 2020. According to Gartner, growth in cloud spending can be attributed to increased adoption in technologies such as virtualization, edge computing and containerization.

With 260 million 5G mobile connections, China boasts the world’s largest 5G mobile network, according to Liu Liehong, vice minister of China’s Ministry of Industry and Information Technology (MIIT) in a press conference this week.

Nokia has been ranked as number one in 5G patents in an independent study.

Ningbo is a time-honored international port city in east China's Zhejiang province. Its port, the Ningbo-Zhoushan Port, is the largest port in the world. Recently, the port worked with China Mobile Ningbo and Huawei to showcase the hybrid platooning of 5G smart and traditional container trucks. The platooning is a stride towards realizing the goal of becoming a world-class port. With this solution, in berth 8 of its busy Meishan container terminal, 13 5G smart container trucks run automatically and smoothly, greatly improving automation and safety in the port.

Colt Technology Services has announced an expansion of its VoiceLINE(v) service to Japan, making this offering now available in 14 countries globally.

South Korea’s Ministry of Science and ICT has announced plans to release low-cost 5G mobile data plans to raise competitiveness of the country’s 5G market.

Mobile data service revenue in India is expected to rise from US$6.3bn in 2020 to US$12.5bn in 2025 at a compound annual growth rate (CAGR) of 14.7% driven by continued rise in smartphone subscriptions and the subsequent surge in mobile data consumption, according to GlobalData, a leading data and analytics company.

China’s Zhejiang Geely Holding Groups, a global mobility technology group has plans to set up a commercial aerospace company, as announced by the local government.