The contactless ticketing market saw a significant recovery in 2023, growing 16% Year-over-Year (YoY) as it rebounded from the challenges of prior years. Microcontroller-based ticketing stood out with a 30.4% increase, driven by transit authorities replenishing inventories. While 2024 is expected to bring moderated growth due to overstocked supplies, the market is on track to return to pre-pandemic levels by 2025, with shipments forecast at 441 million units. These developments reflect the market's resilience and its readiness to adapt to emerging technologies and evolving consumer demands.
Contactless Ticketing Market: A Global Recovery in Progress
Dec 9, 2024 12:00:00 AM / by Phil Sealy posted in Digital Payment Technologies
Key Insights from Huawei’s Mobile Broadband Forum 2024 in Istanbul
Dec 6, 2024 12:00:00 AM / by Admin posted in 5G & 6G Cloud-Native Systems
Huawei’s annual Global Mobile Broadband Forum 2024 (MBBF 2024), held in Istanbul this year, showcased a wave of cutting-edge innovations. With Turkey gearing up for a 5G spectrum auction in 2025 and a large-scale rollout anticipated in 2026, Huawei leveraged this event to place its innovative technologies in the limelight.
Why Battery Energy Storage Systems (BESSs) Are Key to Combating Rising Energy Costs and Fickle Supply
Dec 4, 2024 12:00:00 AM / by Dominique Bonte posted in Smart Energy For Enterprises & Industries
Battery Energy Storage Systems (BESSs) have proven to be an essential technology for companies navigating an increasingly complex and volatile energy landscape. With 92% of businesses saying rising energy costs and instability impact profitability and competitiveness, there is a clear need for reliable, clean energy sources at affordable prices.
How Extended Detection and Response (XDR) Vendors Are Reinventing Telco Network Security
Dec 2, 2024 12:00:00 AM / by Georgia Cooke posted in Telco Cybersecurity
If a major telecommunications network is hacked, millions of customers’ connections will be abruptly disrupted, causing widespread societal panic and economic loss. And as illustrated by the recent attack on Verizon and AT&T by Chinese hackers, telco breaches can impact national security posture, too.
4 Strategies for Telcos to Successfully Transition to 5G Standalone (SA)
Nov 26, 2024 12:00:00 AM / by Nelson Englert-Yang posted in 5G & 6G Cloud-Native Systems
When Mobile Network Operators (MNOs) migrate to 5G Standalone (SA), they usually follow a similar strategic path through Non-Standalone (NSA). However, there are various deployment tactics that can enhance efficiency and add value throughout the operator transition. These differences matter to operators as they seek cost-effective ways to evolve from legacy systems. In this vein, ABI Research Industry Analyst Nelson Englert-Yang highlights four key deployment tactics for getting the most value out of the transition to 5G SA.
The Push Toward Green Finance in Southeast Asia and the Pivotal Role of AI
Nov 25, 2024 12:00:00 AM / by Rachel Kong posted in Southeast Asia Digital Transformation
Green finance is a primary focus for the many companies working toward emissions reduction targets. It involves making financial decisions with sustainable development in mind, such as investing in renewable energy or issuing loans tied to carbon offsets. In Southeast Asia, considerable attention has been paid to sustainable financing, as evidenced by the establishment of organizations like the Singapore Green Finance Centre (SGFC).
Multilingual/Bilingual Large Language Models (LLMs): Tailoring AI Applications for Southeast Asia
Nov 22, 2024 12:00:00 AM / by Benjamin Chan posted in Next-Gen Hybrid Cloud Solutions, Southeast Asia Digital Transformation
Translating something from one language to another can be tricky. Translations are often prone to mistakes, as evidenced by book translations and movie subtitle mistakes. Our world is incredibly diverse, with more than 7,000 various languages spoken worldwide. In Southeast Asia, one of the most populated regions, more than 1,200 different languages are used.
Assessing ISAC: How Sensing Will Meet Communication in 6G Networks
Nov 20, 2024 12:00:00 AM / by Dimitris Mavrakis posted in 6G & Open RAN, 5G
In the evolving landscape of telecommunications, Integrated Sensing and Communication (ISAC) is emerging as a cornerstone technology that aims to transform how networks operate and serve mobile users. As part of the upcoming 6G era and IMT-2030 vision, ISAC holds immense potential to revolutionize cellular network capabilities. It combines communication functions with precise sensing, positioning, and tracking.
Improving Workplace Safety with EHS Software Solutions
Nov 19, 2024 12:00:00 AM / by Michael Larner posted in Industrial & Manufacturing Markets
According to the International Labour Organization (ILO), workplace accidents result in 330,000 deaths every year. At the same time, the U.S. Bureau of Labor Statistics reports that fatal work injuries are on the rise in the United States. These unfortunate statistics highlight the need for a robust safety strategy. Environmental, Health, and Safety (EHS) software has emerged as a promising technology to reduce employee risks. Safety managers in industries such as oil & gas, chemicals, mining, automotive manufacturing, and steel production are especially interested in EHS software solutions, given the hazardous nature of their work environments. These companies require safety-related data to be easily accessible for further analysis. As a result, potential sources of accidents get evaluated, staff are alerted proactively of these dangers, and the overall number of incidents can be reduced.
Top Digital Product Passport (DPP) Software Providers for Supply Chain Operators
Nov 14, 2024 12:00:00 AM / by Admin posted in Supply Chain Management & Logistics, Circularity Technologies & Programs
The European Union’s (EU) Digital Product Passport (DPP) regulations are fast approaching, with industries like apparel/fashion and Electric Vehicle (EV) batteries expected to use DPPs as early as 2026. DPPs enhance supply chain transparency, making them a central tool in meeting sustainability goals. Below, we explore and share findings from our competitive ranking of the leading DPP software companies that make it easier for supply chain operators to comply with the regulations.