Oriente raises $50 million to continue building its infrastructure for digital financial services

techcrunch | April 28, 2020

Oriente raises $50 million to continue building its infrastructure for digital financial services
Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including website development platform Wix.com.Launched in 2017 by Geoff Prentice (one of Skype’s co-founders), Hubert Tai and Lawrence Chu, Oriente  focuses on markets that are underserved by traditional financial institutions. The new funding will be used for growth in Oriente’s existing markets, the Philippines and Indonesia, and expansion into new countries, including Vietnam.

Spotlight

Tricia Ward of Onward Communications had just moved her 100+ site customer to hosted voice when call quality issues threatened to derail the deployment.  The customer had moved from MPLS to fiber with redundant circuits at all sites. The carriers couldn't explain the voice issues, and the UCaaS vendor were seeing great MOS scores. No one could explain why they customer was experiencing  call quality issues or how to solve the problem. That's when Tricia brought in Bigleaf Networks' Cloud-first SD-WAN to track down the problem, solve it, and ensure that it didn't happen again.

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EPS Global and DriveNets Announce Strategic Partnership to Speed the Adoption of Cloud-Native Networking by Leading Operators Worldwide

DriveNets | January 18, 2022

DriveNets, a leader in cloud-native and disaggregated networking solutions, and EPS Global, a worldwide distributor of technology solutions from industry-pioneering manufacturers, today announced a strategic partnership that will accelerate the growth of the disaggregated networking market and deployment of cloud architecture-based networks. Under this agreement, EPS will distribute DriveNets Network Cloud-based solutions to service providers and hyperscalers worldwide. This partnership will help streamline and accelerate the evolution towards cloud-based networking by expanding DriveNets' reach and local presence to new markets and customers through EPS. "DriveNets' innovative approach towards a simpler, more scalable, disaggregated network infrastructure which has been successfully deployed at AT&T, has significantly influenced the industry," said Nir Gasko, head of Global Strategic Alliances at DriveNets. "This partnership combines our innovative solutions with EPS Global's extensive expertise in distributing, consulting, planning and building networks, to help our mutual customers accelerate their networking deployments around the world." "We are delighted to announce our global partnership with DriveNets, which represents a further enhancement to the networking product set we provide to our customers to help them improve the way they build and operate their networks,Together, we can help service providers to meet growing customer demands, accelerate service innovation, and increase their revenue." Colin Lynch, CEO at EPS Global This strategic partnership between DriveNets and EPS Global leverages EPS's international reach and coverage, as well as its expertise and knowledge of local markets, to streamline the distribution, installation, and rollout of DriveNets' Network Cloud solutions. EPS is already working with customers on DriveNets deployments, including the design, testing, validation, production readiness, sourcing and logistics, technical support, and end-to-end seamless integration of Network Cloud-based solutions. DriveNets Partner Program The DriveNets Partner Program was established to accelerate the transformation in the telecom field, from a closed, vendor-dependent model to a cloud-like architecture with an open ecosystem, where each partner plays to its strength, leading to a combined solution that is better, more cost effective, and more innovative than each individual element. The program has been designed to leverage the disaggregated network model and bring together a wide range of worldwide players, including channel partners, solution providers, hardware manufacturers, and application developers. DriveNets' Partner Program combines DriveNets' solution with our partners' value-added expertise to accelerate innovation in the service provider space. Through DriveNets Partner Program, service providers can benefit from a simplified, holistic vendor engagement model, enabling a more efficient process while leveraging a disaggregated architecture. About DriveNets DriveNets is a leader in cloud-native networking software and network disaggregation solutions. Founded in 2015 and based in Israel, DriveNets offers communications service providers (CSPs) and cloud providers a radical new way to build networks, substantially growing their profitability by changing their technological and economic models. DriveNets' solution – Network Cloud – adapts the architectural model of cloud to telco-grade networking. Network Cloud is a cloud-native software that runs over a shared physical infrastructure of standard white-boxes, radically simplifying the network's operations, offering telco-scale performance and elasticity at a much lower cost. Learn more at www.drivenets.com About EPS Global Founded in 1999 EPS Global is a leading, privately owned, franchised distributor for specialized IT component and systems manufacturers whose products are used in high speed data and storage networks to accelerate, multiplex, store and manipulate the huge amounts of data generated by online and telecoms activity. Their customer base includes Web 2.0 operators, Data Centres, MSPs, Internet Exchanges, Media & Broadcast, Government, Utilities and Telcos in addition to 1,000+ Value Added Reseller and System Integrators who work within the big data management market.

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Telefonica Chooses IBM To Implement Its First-Ever Cloud-Native 5G Core Network Platform

IBM | September 28, 2021

IBM announced today a strategic multi-year agreement with Telefonica to use IBM intelligent automation software and services to implement UNICA Next – Telefonica's first-ever, cloud-native, 5G core network platform. With UNICA Next, Telefonica aims to acquire the agility, reliability, and efficiency to continuously optimize its services, now and in the future. As Telefonica and other Communications Service Providers (CSPs) around the world prepare for the benefits 5G and edge will bring to core network functions, Telefonica plans to have an open, secured, intelligent, and highly automated network that can power transformation for consumer and enterprise customers across all industries. Telefonica has engaged IBM Global Business Services, a leading systems integrator and the digital transformation services and consultancy arm of IBM, Red Hat and Juniper networking to deploy the cloud-native platform. The platform is planned to be a new open-standard open-networking technology compliant platform that will be deployed across multiple central, regional, and distributed data centers offering low latency and high bandwidth, while able to deliver services in an agile manner. UNICA Next data centers are planned to be deployed starting in October 2021 and its scalable architecture is designed to address ETSI and other relevant industry standards. The new network is built on IBM Cloud Pak for Network Automation, Red Hat OpenShift, and Juniper Networks Apstra and QFX technology aligned to deliver streamlined end-to-end orchestration and operations. The platform will enable continuous improvements in deployment and management, including enabling new services that deliver enhanced customer value. The integration of IBM Cloud Pak for Network Automation software with UNICA Next allows for intent-driven orchestration supporting the end-to-end lifecycle management of different network cloud elements and network functions, including 5G core. Pairing it with the power of Red Hat Open Shift and Advanced Cluster Management for Kubernetes, the combination will present Telefonica with an environment designed for increased observability and control for managing the UNICA Next Kubernetes environment and drive 5G and edge innovation more quickly and with less complexity. IBM Cloud Pak for Network Automation is AI-powered automation software designed to provide extreme automation, zero-touch provisioning, and closed loop operation capabilities. These new capabilities will be engineered to allow Telefonica to more quickly deploy network services and new network functions, leveraging the IBM Cloud for Telecommunications partner ecosystem. Telefonica, as a pioneer in the adoption of open networks, has already deployed a live implementation using the IBM Cloud for Telecommunications in Europe and is continuing to innovate for their customers with speed and improved value. "Building out the UNICA Next platform with its next-generation network architecture shows how important it is to build the infrastructure now to support the deployment of 5G. 5G has the potential to support thousands of use cases and applications for consumers and enterprises in all industries. Our collaboration will not only help us to harness the potential of 5G, but also prepare for the future through a hybrid-cloud led technology and business transformation. With IBM, Telefonica is combining the latency and bandwidth advancements of 5G with the customization and intelligence of the cloud: we anticipate the results will be transformative in Europe and beyond," said Javier Gutierrez, director of strategy, network, and IT development for Telefonica. We are proud to partner with Telefonica to reach this historic moment for the telecommunications industry in Europe,This implementation of Telefonica's cloud-native, 5G core network platform reflects IBM's significant investments in AI-powered automation software and the telco prime systems integration expertise required to deploy modern telecommunication networks – core, access, and edge. We are energized by the opportunity to enable Telefonica and all our clients to modernize their networks and enable new revenue-generating services that deliver tremendous value to consumer and enterprise customers. Steve Canepa, managing director, IBM Global Communications Sector. IBM Global Telco Solutions Lab in Coppell, Texas, connected along with Telefonica's Network Cloud Lab in Madrid, will help accelerate UNICA Next's evolution by building new fully integrated releases using CI/CD methodology for ongoing life-cycle upgrades to the existing UNICA Next platform. By working with IBM in this way, Telefonica will be able to increase agility and data security and continue to innovate and transform, drawing on IBM's large network function ecosystem, Red Hat's vast ecosystem of certified partners, and Juniper's relationships with network function and hardware vendors. Juniper is committed to bringing the power of open hybrid cloud architecture to clients around the world. As a member of the IBM Cloud for Telecommunications ecosystem, Juniper is proud to support IBM and Red Hat as they work with Telefonica to build and deploy a modern 5G network. Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only. About Telefonica Telefonica is a leading telecommunications service provider globally. The company offers fixed and mobile connectivity, as well as a wide range of digital services for individual consumers and enterprises. Telefonica has 367 million clients spanning Europe and Latin America. Telefonica is a private company whose shares are listed as TEF on the Bolsa de Madrid, the New York Stock Exchange, and the Bolsa de Valores de Lima.

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To build high-performance and cost-effective mobile networks, ADVA is joining Affordable5G

businesswire | December 01, 2020

ADVA today reported that it has joined Affordable5G, a development venture making total and reasonable answers for basic private and endeavor organizations. Affordable5G plans to assemble open and adaptable cutting edge versatile answers for use cases including grounds organizations, crisis correspondences and shrewd city administrations. Financed by Horizon 2020 and part of the European 5G Public-Private Partnership, the task unites 17 accomplices with a wide scope of ability and problematic innovation traversing all territories of the 5G environment. ADVA's X-Haul innovation will be key to the undertaking and the advancement of 5G foundation. “5G enterprise networks must meet a particularly demanding set of bandwidth and performance requirements. Not only do they have to deliver on strict price points, but many emerging applications such as industrial IoT require ultra-low latency, highly accurate network synchronization and strict security. These are some of the key areas that our solutions are helping the Affordable5G community to address,” commented Jörg-Peter Elbers, SVP, advanced technology, ADVA. “Interoperability and openness are baked into all of our technology. That’s why projects like Affordable5G and our work with the O-RAN ALLIANCE perfectly align with our vision of tomorrow’s multi-vendor disaggregated networks.” Affordable5G will make start to finish versatile arrangements explicitly designed to address the necessities of private and undertaking organizations. Encouraging joint effort between Europe's most imaginative little and medium-sized organizations, the task will utilize open interfaces and standard equipment stages to carry an assortment of reasonable answers for the market. ADVA is set to assume a critical function in the activity, assisting Affordable5G with utilizing arising advances for disaggregated cell site passages, edge processing and virtualization in both RAN and center organizations. The venture intends to create pilot arrangements identified with crisis interchanges and savvy urban areas in a year's time.

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Spotlight

Tricia Ward of Onward Communications had just moved her 100+ site customer to hosted voice when call quality issues threatened to derail the deployment.  The customer had moved from MPLS to fiber with redundant circuits at all sites. The carriers couldn't explain the voice issues, and the UCaaS vendor were seeing great MOS scores. No one could explain why they customer was experiencing  call quality issues or how to solve the problem. That's when Tricia brought in Bigleaf Networks' Cloud-first SD-WAN to track down the problem, solve it, and ensure that it didn't happen again.