Juniper Networks, an industry leader in automated, scalable and secure networks, today announced it has expanded its 18-year partnership with Ericsson, a global leader in mobile networks, to deliver a comprehensive end-to-end 5G solution leveraging each company’s complementary portfolios. Together, the companies are now offering service providers a complete 5G transport network solution with single pane of glass visibility to manage the new requirements of next-generation mobile service delivery.
This deepened partnership aims to offer service providers a complete solution from radio to core for new-service delivery while managing mounting complexity. 5G is expected to be a game changer for the next generation of business and consumer services, but the increase in connectivity, network traffic and customer expectations will likely create new challenges for managing the mobile transport network in a cost-effective way. Evolving 5G use cases, including connected cars, AR/VR and 8K video streaming, and the associated 5G radio requirements needed to support these diverse applications can place additional demands across the network. Capacity, connectivity, latency, synchronization, reliability and security needs will all require tighter integration between the 5G radio, core and transport layers of an end-to-end mobile network.
To alleviate these challenges, Juniper’s expanded partnership with Ericsson greatly simplifies service providers’ 5G transformation by creating a tightly integrated solution that combines Juniper’s routing for next generation WAN services and IP transport, and Ericsson’s Router 6000 and MINI-LINK microwave portfolio for distributed, centralized and virtualized radio access. In addition, the solution leverages Juniper’s Unified Cybersecurity Platform to secure the entire 5G mobile infrastructure against ever-expanding and sophisticated threats. This comprehensive solution provides seamless connectivity from the radio cell site to the mobile core all unified under Ericsson’s management and orchestration solution, improving the performance, quality and ease-of-use of the entire 5G solution. The joint end-to-end 5G transport solution will be designed and built from day one with the intent of supporting exceptional 5G radio performance in a cost-effective way.
As part of this deepened partnership, Juniper will utilize Ericsson’s go-to-market for mobile opportunities and Ericsson will include Juniper’s solutions for edge, core and security as part of its end-to-end 5G transport portfolio.
On an average, customers using a phone brand that costs anywhere above Rs 50,000 would be willing to pay 20% higher rent and the average budget is Rs 25,000 per month
How much money a person is ready to part with for rent is indicative of the lifestyle the person wants to maintain. The brand of the mobile phone a customer carries may reveal the amount of house rent they might be willing to pay. A recent study conducted by Housing.com and Makaan.com, indicates that customers using a phone that costs more than Rs 50,000 would be willing to pay 20% higher rent with an average budget of Rs 25,000 per month.
Data from the study suggest that on average, a user with a phone price bucket (PPB) of less than Rs 10,000 would be ready to pay anywhere between Rs 10,000 to Rs 17,000 per month depending on the city with an average budget of Rs 14,000 per month. The study indicates that customers who own a phone between Rs 10,000 - 20,000 would likely be willing to spend an average of Rs 16,300 per month on a rental home. Customers who spend between Rs 20,000 to Rs 50,000 on their phone would be willing to pay 27% higher than the previous category and their average budget would likely be Rs 20,700 per month.
Rental cost trends in key cities
Mumbai has the maximum average rental at Rs 23,000 per month which is 30% higher than Chennai that offers home at an average rent of Rs 17,600 per month.
New Delhi’s average rent closely follows Chennai’s and is at Rs 17,300 per month followed by Hyderabad at Rs 16,400 per month.
Kolkata, where average rental rates stand at Rs 11,400 per month is the most inexpensive location when it comes to rent among the major metros. Pune at Rs 13,200 per month is the next pocket-friendly rental hotspot.
45 - 47% of property seekers in Mumbai, Chennai and Hyderabad use a phone that is in the range of Rs 10,000-20,000 to search for homes on rent. However, rental home seekers in New Delhi used a phone in the range of Rs 20,000-50,000 category.
About 49% of rental home seekers in Kolkata searched properties for rent with a phone that falls in the bracket of Rs 10,000-20,000. However, the next big bracket is of users who use a phone within Rs 10,000.
Commenting on these trends Ravi Bhushan, Group Chief Product and Technology Officer, Housing.com, PropTiger.com, Makaan.com said, “High-end mobile phones are predictive of a person’s economic status. The choice of brand of phone and housing is indicative of the lifestyle one wants to maintain and a correlation between the two is intuitive. The study confirms that customers who spend higher on their gadgets will naturally do so for their homes as well but quantifies it for the first time.”
Tracking the trends and demand
About 85% of the demand lies within Rs 20,000 per month category. Statistics also show that maximum phone users searching for rental homes own a phone priced between Rs 10,000 to 20,000. The next big category is that of consumers who own phones worth Rs 20,000-50,000 followed by those who own phones priced less than Rs 10,000.
The average national rental budget is Rs 14,000 per month and the majority of Indians are looking for affordable rental properties.
Following the trend, about 47% of prospective tenants in tier II cities were looking for properties priced between Rs 10,000-20,000 per month. Just like other major metros barring Kolkata, most users have phones in the range of Rs 10,000 to 20,000.
About 22% of property seekers, nationally, are looking for homes priced within Rs 10,000 per month. Among major cities, Kolkata has maximum seekers within this range at 26% followed by Chennai at 25%, Pune at 23% and Tier II cities at 22%.
In almost all the cities, affordable to mid-priced rental homes are majorly in demand, and less than 2% rental home seekers are likely to want homes priced above Rs 50,000 per month.
Within this category, Mumbai (2.44%), Hyderabad (2.42%) and Noida (2.19%) witness the most number of buyers in the premium category of rental homes. Data suggest that these property seekers are either iPhone users or Samsung Galaxy Premium users.
Common phones used for property searches include iPhone and Android phones such as Moto G4, Galaxy J Series, Acer Iconia, Lenovo Vibe, Honor, HTC Desire and other brands including Redmi, Oppo, and Vivo. The cities included in the study are Mumbai, Kolkata, Chennai, Delhi, Bengaluru, Hyderabad, Noida, Gurugram, Greater Noida, Pune.
Civil Aviation Minister Suresh Prabhu said that India's aviation sector is one of the fastest growing in the world and would need as many as 100 airports in the next 10-15 years
India plans to construct 100 airports at an estimated cost of USD 60 billion (about Rs 4.2 lakh crore) in the next 10 to 15 years, Civil Aviation Minister Suresh Prabhu said Today. The country's aviation sector is one of the fastest-growing in the world and has recorded 50 months of double-digit traffic growth.
As many as 100 new airports would be built in the next 10 to 15 years for about USD 60 billion. These airports are to be constructed through public private partnership, Prabhu said. He said the government is also working on a cargo policy.
According to global airlines' grouping IATA, India is expected to overtake Germany, Japan, Spain and the UK within the next ten years to become the world's third largest air passenger market.
The wings of Lockheed Martin’s F-16 fighter jets will be produced in India, the American security and aerospace giant announced on Tuesday, in a major boost to the ‘Make in India’ initiative.
Maryland-based Lockheed Martin has entered into an agreement with Tata Advanced Systems Limited (TASL) for the production of the wings. Lockheed officials insisted that the planned F-16 wing production to India is not contingent on India selecting the F-16 for the Indian Air Force. Lockheed has offered to move its entire F-16 manufacturing base to India. India is yet to make a decision on it.
Producing F-16 wings in India will strengthen Lockheed Martin’s strategic partnership with Tata Advanced Systems Limited and support the ‘Make in India’ initiative of the government, officials of the company said. “Building F-16 wings in India is a natural next step that builds on our successful partnerships with Tata on the C-130J [Super Hercules airlifter] and S-92 [helicopter],” said Vivek Lall, VP of Strategy and Business Development for Lockheed Martin Aeronautics. “This is a strategic business decision that reflects the value of our partnerships with India and the confidence we have in Tata to perform advanced defence manufacturing work,” Lall said.
HDFC ERGO, General Insurance Company, India’s third largest non-life insurance provider in the private sector, announced the Talent Development Program, a one-year General Insurance training program for graduates, in partnership with Manipal Global Education Services (MaGE). The customised training program will involve on campus training, internship; which will be delivered at the Manipal Global Academy of BFSI Campus in Bangalore and on-the-job training at HDFC ERGO’s branches.
The course has been designed in association with Manipal Global Education Services to bring quality education, training and skills to aspirants looking for a rewarding career in the general insurance sector. This one-year full time training program will comprise of four months of training on-campus and two months of internship followed by six months of on-the job training at the branch offices of HDFC ERGO. Designed to up-skill prospective employees with the right domain knowledge in general Insurance, the course aims at enhancing the student’s business development skills enabling them to implement growth opportunities for HDFC ERGO. The first part of the HDFC ERGO General Insurance Training Program commenced on September 3rd, 2018.
Speaking about the launch, Parthanil Ghosh, Member of Executive Management & Group Head - Retail Business, HDFC ERGO General said, “As a company, we strongly believe in nurturing talent and providing growth opportunities. Our partnership with Manipal Global Education Services is a step in this direction and to build a talent pool in the insurance sector. Our Graduate Training Program is aimed at attracting aspirant graduates and training them for an excellent opportunity for a successful career with HDFC ERGO.”
Bimaljeet Bhasin, Vice President, Enterprise Business, Manipal Global Education Services (MaGE) said, “We are happy to partner with HDFC ERGO and glad that the company has the vision to continue investing in talent. Over the years, we have been supporting large number of organizations in the BFSI space helping them on-board highly skilled workforce. This engagement with HDFC ERGO extends our footprint in the insurance industry.”
On the successful completion of the program, students will be awarded a Post-Graduate Diploma in General Insurance and will be offered employment with HDFC ERGO. The aim of the General Insurance Training Program is to build sales officers of high calibre and create a workforce that matches the Company’s expectations and culture.
Air India SATS Airport Services Pvt. Ltd. (AISATS), India’s premier airport services company, has launched a new shipment tracking platform that uses Radio Frequency Identification (RFID) technology for its cargo handling operations at the Kempegowda International Airport, Bengaluru. AISATS will now be the first and only air cargo terminal operator in India to bring this RFID technology to the country for real-time and improved cargo tracking. This technological initiative is a collaboration between AISATS and its Singapore-listed joint venture stakeholder, SATS Ltd., which operates an unrivalled network of Gateway Services and Food Solutions in over 60 cities across Asia.
AISATS’ air cargo operations at Kempegowda International Airport have increased substantially, with a new peak of 97,486 tones being reached in the 1st quarter of the current financial year. This is a growth of 16.6% over the same period in the previous financial year. As more airlines commence operations and increase their flight frequencies at Bengaluru, air cargo volumes and movement at Kempegowda International Airport are expected to surge significantly in the near future.
With AISATS being the biggest ground handler at Kempegowda International Airport and managing two dedicated cargo handling centers, namely the AISATS Air Freight Terminal and the AISATS COOLPORT, the introduction of RFID technology will enable AISATS to undertake real-time cargo tracking for end-to-end visibility and faster turnaround. The RFID tracking system, capable of processing large quantities of cargo, will further bolster speed and accuracy, thereby making the cargo handling process more secure.
The RFID technology uses radio waves to transfer data from an electronic reader to an RFID tag and vice-versa. The ground handling staff can use a hand held RFID scanner to scan the shipment pieces at various stages of the cargo handling process. Once the RFID-tagged shipment is scanned, the RFID-enabled device will send Airway Bill (AWB)-related information to a tracking platform, enabling all stakeholders to undertake real-time, end-to-end cargo tracking. The platform is capable of tracking shipments at two levels- the shipment piece level and the ULD/container level. Furthermore, this technology can be leveraged for a gamut of cargo services such as express cargo, valuables and perishables amongst others.
“With cargo volumes burgeoning in Bengaluru, it is imperative that we embrace innovation and technological advancements to create an efficient cargo handling environment. The RFID technology has a unique advantage of tracking shipments at piece level, which brings transparency to the supply chain and helps AISATS manage large volumes of cargo seamlessly. We are excited to be the first air cargo terminal operator company to implement this technology in India at Kempegowda International Airport. The new system will help reduce cargo turnaround time and improve handling efficiency, thus promising a hassle-free experience for all stakeholders. AISATS will continue to collaborate with SATS to harness its technological and operational expertise in developing new capabilities that will add value to cargo and ground handling operations at the airports we operate in India.” said Mike Chew, CEO, AISATS.
Apart from this latest RFID tracking system, AISATS has previously introduced many other firsts to the cargo handling system at Kempegowda International Airport such as the Automated Storage & Retrieval System (ASRS), the Very Narrow Aisle (VNA) and High Rise Racking System at its Air Freighter Terminal. AISATS has also developed India’s 1st integrated on-airport perishable cargo handling center, the AISATS COOLPORT. AISATS is also the first air cargo operator in Bengaluru to launch its very own ‘AISATS Cargo App’, which furnishes its customers with comprehensive cargo tracking solutions. In addition, AISATS has also became the first Indian air cargo terminal operator to achieve TAPA ( Transport Asset Protection Association) FSR 2017 Class A certification which ensures highest security standards at the cargo facility.
Hinduja Global Solutions (HGS), (listed in BSE & NSE), a global leader in business process management, has announced the hiring of Tom Hricik, a new member of its executive leadership team, to focus on the topline growth of the business.
Tom brings with him more than 30 years of experience in sales, client management, P&L management, operations and consulting. He will join the North American team in helping to meet growth objectives, working with both existing accounts as well as with the new logo team to build a healthy pipeline and win new business that is profitable and sustainable.
“With a healthy P&L, HGS is able to make the essential investments in technology and our people to help our clients be more competitive by solving their industry business problems,” Hricik said. “As a growing global company we have remarkable client retention resulting from being brilliant at providing core services while helping customers adopt automation and analytics-based innovation to meet their present and future needs. HGS is a formidable Business Process Services player with our current and expanding portfolio of offerings.”
For the past 17 years, Tom has served in a variety of business and sales leadership roles at Conduent, a business process services companies, where he drove collaboration with internal and external partners to maximize the value of the BPO, consulting and technology services for clients. Tom is a graduate of Carnegie Mellon University with undergraduate and graduate degrees focused in in information systems and industrial relations.
“We are excited that leaders the caliber of Tom are seeing the value in the vision, capability and client portfolio of HGS and investing their careers in helping to grow the business,” said Partha DeSarkar, Global Chief Executive Officer, HGS. “Tom will play a critical role in raising client, employee and shareholder value by consistently delivering innovation and deep domain expertise to grow traditional and transformational business.”
