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.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
HP INDIA SALES PVT. LTD.
QUICK HEAL TECHNOLOGIES PVT. Ltd.
SECLORE TECHNOLOGY PVT. LTD.
HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
Technology Icons Of India 2023: Mukesh D. Ambani
An Indian billionaire businessman Mukesh Dhirubhai Ambani is currently...
Technology Icons Of India 2023: Alok Ohrie
Alok plays a critical role in the Government of India’s Atal Innovat...
Technology Icons Of India 2023: Rajendra Singh Pawar
Rajendra Singh Pawar is an entrepreneur and businessperson who founded...
EESL encouraging e-mobility adoption across India
Energy Efficiency Services Limited (EESL) is a Super Energy Service Co...
GeM maintains transparency in online procurement of goods & services
Created in a record time of five months, Government eMarketplace is a ...
GSTN aims to integrate indirect tax ecosystem on a shared IT infrastructure
Goods and Services Tax Network (GSTN) has built Indirect Taxation plat...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...
EXCLUSIVE NETWORKS SALES INDIA PVT. LTD.
Exclusive Networks is a globally trusted cybersecurity specialist hel...
IVALUE INFOSOLUTIONS PVT. LTD.
: iValue Info Solutions is a value added distributor, provides solutio...