December 13, 2022: -The Tech Mahindra-Axiata Group Berhad partnership may support the acceleration of 5G in Southeast Asia. Still, the short-term outlook for the industry is “bleak,” Fitch Solutions stated in a country by risking and industry research report.
In the previous week, Indian IT and consulting firm Tech Mahindra and Malaysian telco conglomerate Axiata Group Berhad inked a deal to develop and commercialize 5G enterprise outcomes in Malaysia, Sri Lanka, Nepal and Cambodia.
“We believe this is a promising partnership as it combines Tech Mahindra’s 5G enterprise solutions capabilities with Axiata’s expertise in mobile connectivity, the infrastructure of the network and product service,” added Fitch Solutions.
In Bangladesh, for instance, Fitch Solutions does not anticipate significant 5G adoption over the coming 18-24 months due to expensive mobile phones and complete-generation services.
On the other hand, Sri Lanka is battling a slump, fuel shortages and extended power outages.
“This is leading to a contraction of the economy, and we anticipate the wider technology market to face huge pressures that will effectively cripple the sector. These factors will be on the investment returns of 5G deployment and discourage further meaningful funding,” the report said.
But there is an increase in demand for 5G services, which could guide the growth operational efficiency for the firms, like supporting better crop yield to predict or climate control in agriculture.
In the previous week, Axiata Group Berhad, Telenor Asia and Malaysian telco provide Digi completed the merger of telco operations to create Celcom Digi.
Fitch Solutions said the merger would likely support Axiata’s better take on rival Telekom Malaysia in the enterprise connectivity market.
Celcom Digi invested up to 250 million Malaysian ringgit over five years to build an innovation centre in Kuala Lumpur to support the adoption of the internet of the areas, artificial intelligence, cloud computes and 5G in the area.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
September 26, 2023: On Monday, Japanese automaker Nissan revealed its dedication to transitioning to completely electric …
In an industry as competitive and fast-paced as Consumer Packaged Goods (CPG), standing out from the crowd requires innovation and adaptability. The cracks in the CPG supply chain were exposed long before the global pandemic struck, but the events of the past year only exacerbated the weaknesses.
Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.
Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.
Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.
Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.