Samsung acquires Zhilabs
By MYBRANDBOOK
In a bid to enhance the 5G capabilities, Samsung has announced that it has purchased Spanish real-time analytics startup, Zhilabs, an AI-based network and service analytics firm. Zhilabs' network analytics expertise will be able to help Samsung “finely tune the customer experiences in the 5G era and also to ensure quality services related to automated driving and IoT.
Zhilabs, which was founded in 2008, has serviced a long list of customers in the network communications space, including Hewlett Packard Enterprise, Vodafone, and Telefonica. The firm uses AI to provide real time analysis of network performance . As per Samsung, the takeover will help the company with its transition to 5G technologies. The start-up will continue to work independently and under the same management.
AI-based automation will play a central role in the introduction of new services in the 5G era, such as industrial Internet of Things (IIoT) and connected cars, as carriers will require automated solutions and network analytics beyond what was possible in previous generations," according to Samsung. The Zhilabs' acquisition is part of the $ 22 billion investment package planned and it is expected that more acquisitions will be soon made by Samsung.
“5G will enable unprecedented services attributed to the generation of exponential data traffic, for which automated and intelligent network analytics tools are vital. The acquisition of Zhilabs will help Samsung meet these demands to assure each subscriber receives the best possible service, Youngky Kim, president and head of Samsung's networks business said.
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