MNI - Market News

Improving Cloud Computing Capabilities Expand Data Connectivity Services

Retrieved on: 
Tuesday, July 12, 2022

NEW YORK, July 12, 2022 /PRNewswire/ -- The Internet of Things (IoT) is a system of interconnected devices dedicated to performing a single or a set of functions. And in recent years, thanks to major innovations in technology, the IoT market has grown significantly. Nowadays, IoT is being used across a wide range of industries, allowing complex functionalities through smart applications, devices, and systems such as smart lights, autonomous vehicles, smart televisions, smartphones, and wearables. As a result, IoT technology is pushing other industries to design systems with improved data storage, processing, and analyzing abilities to rapidly expand business operations. According to data provided by Allied Market Research the global IoT market size was valued at USD 740.47 Billion in 2020, and is projected to reach USD 4,421.62 Billion by 2030, while growing at a CAGR of 19.67% from 2021 to 2030. uCloudlink Group Inc. (NASDAQ: UCL), Tuya Inc. (NASDAQ: TUYA), Samsara Inc. (NYSE: IOT), Sierra Wireless, Inc. (NASDAQ: SWIR), Splunk Inc. (NASDAQ: SPLK)

Key Points: 
  • Generally, cloud computing technology was designed to help businesses and governments use remote servers hosted on the internet to store, manage, and process critical data.
  • Empowered by UCLOUDLINK's expertise in data connectivity services, Tuya's smart products will benefit from UCLOUDLINK's cloud SIM technology and hyper-connectivity solution to access reliable, better, and high-quality internet data connectivity services, helping users expedite the process of digital transformation and enabling them to enjoy the benefits provided by the enhanced IoT solutions,' said Chaohui Chen, Director and CEO of UCLOUDLINK.
  • The possible surge in demand for IoT cloud services will create significant business growth opportunities for UCLOUDLINK.
  • As the pioneer technology solution provider in the data connectivity sector, UCLOUDLINK will keep collaborating with more business partners worldwide to accelerate the development of IoT industry in the cloud era."

Connectivity Services Thrive as 5G Technology Rapidly Advances

Retrieved on: 
Thursday, July 7, 2022

NEW YORK, July 7, 2022 /PRNewswire/ -- The Internet of Things (IoT) market is rapidly evolving. By and large, it is thanks to advanced principal technologies and a proliferation of smart connected devices, which have helped fuel the growth of IoT technologies. Further growth in the coming years will be possible thanks to new sensors, more computing power, and reliable mobile connectivity. Sensors are the most important components in IoT devices, and according to a report by McKinsey, sensor technology—embedded in IoT devices—will continue to become cheaper, more advanced, and more widely available. In addition, based on data provided by MarketsandMarkets, the IoT market size is expected to grow from USD 300.3 Billion in 2021 to USD 650.5 Billion by 2026, while at a Compound Annual Growth Rate (CAGR) of 16.7% from 2021 to 2026. uCloudlink Group Inc. (NASDAQ: UCL), Tuya Inc. (NASDAQ: TUYA), BlackBerry Limited (NYSE: BB), Cisco Systems, Inc. (NASDAQ: CSCO), Fastly, Inc. (NYSE: FSLY) 

Key Points: 
  • Further growth in the coming years will be possible thanks to new sensors, more computing power, and reliable mobile connectivity.
  • 5G is considered to be the next-generation cellular technology that will provide high speed reliable communication at ultra-low latency levels.
  • On the other hand, the potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to help the market.
  • Tuya Inc. (NASDAQ: TUYA) reported last month a new partnership using Cube Solution to launch value-added, cloud-based services and products in Indonesia.

Connectivity Services Thrive as 5G Technology Rapidly Advances

Retrieved on: 
Thursday, July 7, 2022

NEW YORK, July 7, 2022 /PRNewswire/ -- The Internet of Things (IoT) market is rapidly evolving. By and large, it is thanks to advanced principal technologies and a proliferation of smart connected devices, which have helped fuel the growth of IoT technologies. Further growth in the coming years will be possible thanks to new sensors, more computing power, and reliable mobile connectivity. Sensors are the most important components in IoT devices, and according to a report by McKinsey, sensor technology—embedded in IoT devices—will continue to become cheaper, more advanced, and more widely available. In addition, based on data provided by MarketsandMarkets, the IoT market size is expected to grow from USD 300.3 Billion in 2021 to USD 650.5 Billion by 2026, while at a Compound Annual Growth Rate (CAGR) of 16.7% from 2021 to 2026. uCloudlink Group Inc. (NASDAQ: UCL), Tuya Inc. (NASDAQ: TUYA), BlackBerry Limited (NYSE: BB), Cisco Systems, Inc. (NASDAQ: CSCO), Fastly, Inc. (NYSE: FSLY) 

Key Points: 
  • Further growth in the coming years will be possible thanks to new sensors, more computing power, and reliable mobile connectivity.
  • 5G is considered to be the next-generation cellular technology that will provide high speed reliable communication at ultra-low latency levels.
  • On the other hand, the potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to help the market.
  • Tuya Inc. (NASDAQ: TUYA) reported last month a new partnership using Cube Solution to launch value-added, cloud-based services and products in Indonesia.

Cloud Computing Services Thrive as the Technology Makes Headway

Retrieved on: 
Thursday, June 30, 2022

NEW YORK, June 30, 2022 /PRNewswire/ -- The cloud computing market is benefiting greatly from the rising popularity of the latest novel technologies like artificial intelligence and machine learning. Cloud computation is enabling these businesses to sustain their operations amid the rising adoption of the work-from-home model. The rapidly advancing cloud computing technology enables efficient storage, access, and management of critical data. Now, with the rising adoption of smartphones, laptops, and the internet, the need for storing and processing huge volumes of data has significantly increased as enterprises are looking to offer customer-centric services to their existing and potential clients. uCloudlink Group Inc. (NASDAQ: UCL), SK Telecom (NYSE: SKM), Ericsson (L.M.) Telephone Co. (NASDAQ: ERIC), Nokia Corp. (NYSE: NOK), Datadog, Inc. (NASDAQ: DDOG)

Key Points: 
  • The rapidly advancing cloud computing technology enables efficient storage, access, and management of critical data.
  • Telephone Co. (NASDAQ: ERIC), Nokia Corp. (NYSE: NOK), Datadog, Inc. (NASDAQ: DDOG)
    In addition, 5G technology has been making strides in recent years.
  • This helps move data storage and processing to the edge of the network to support edge computing and IoT.
  • "By combining the power of edge computing with private 5G, businesses can develop new revenue-generating services and better customer experiences."

Cloud Computing Services Thrive as the Technology Makes Headway

Retrieved on: 
Thursday, June 30, 2022

NEW YORK, June 30, 2022 /PRNewswire/ -- The cloud computing market is benefiting greatly from the rising popularity of the latest novel technologies like artificial intelligence and machine learning. Cloud computation is enabling these businesses to sustain their operations amid the rising adoption of the work-from-home model. The rapidly advancing cloud computing technology enables efficient storage, access, and management of critical data. Now, with the rising adoption of smartphones, laptops, and the internet, the need for storing and processing huge volumes of data has significantly increased as enterprises are looking to offer customer-centric services to their existing and potential clients. uCloudlink Group Inc. (NASDAQ: UCL), SK Telecom (NYSE: SKM), Ericsson (L.M.) Telephone Co. (NASDAQ: ERIC), Nokia Corp. (NYSE: NOK), Datadog, Inc. (NASDAQ: DDOG)

Key Points: 
  • The rapidly advancing cloud computing technology enables efficient storage, access, and management of critical data.
  • Telephone Co. (NASDAQ: ERIC), Nokia Corp. (NYSE: NOK), Datadog, Inc. (NASDAQ: DDOG)
    In addition, 5G technology has been making strides in recent years.
  • This helps move data storage and processing to the edge of the network to support edge computing and IoT.
  • "By combining the power of edge computing with private 5G, businesses can develop new revenue-generating services and better customer experiences."

Data Connectivity Services Play a Vital Role of Business Growth

Retrieved on: 
Wednesday, June 22, 2022

NEW YORK, June 22, 2022 /PRNewswire/ -- The 5G infrastructure is rapidly growing around the world. 5G is considered to be the next-generation cellular technology that will provide high speed reliable communication at ultra-low latency levels. It is currently used across three main types of connected services, including enhanced mobile broadband, mission-critical communications, and the massive IoT. The 5G technology market includes 5G connectivity technologies such as enhanced mobile broadband, ultra-reliable low latency communications, and massive machine type communications. In fact, 5G technology is expected to redefine communication, entertainment, and how people connect to the internet. Depending on the industry, some businesses can make full use of 5G capabilities. For instance, factories could use 5G to run industrial Ethernet to help them increase operational productivity and precision. uCloudlink Group Inc. (NASDAQ: UCL), Telefónica S.A (NYSE: TEF), VEON Ltd. (NASDAQ: VEON), Nokia Corp. (NYSE: NOK), Wipro Limited (NYSE: WIT)

Key Points: 
  • It is currently used across three main types of connected services, including enhanced mobile broadband, mission-critical communications, and the massive IoT.
  • For example, the need to ensure strong, seamless, and uninterrupted connectivity with autonomous vehicles is expected to drive the adoption of 5G services.
  • Ctrip will continue to act as a selling agent for UCLOUDLINK's data connectivity services and products through Ctrip's platform.
  • UCLOUDLINK will also provide its standard and customized international data connectivity services to Ctrip's self-run tour groups and those run by third party travel agencies on the Ctrip platform.

Data Connectivity Services Play a Vital Role of Business Growth

Retrieved on: 
Wednesday, June 22, 2022

NEW YORK, June 22, 2022 /PRNewswire/ -- The 5G infrastructure is rapidly growing around the world. 5G is considered to be the next-generation cellular technology that will provide high speed reliable communication at ultra-low latency levels. It is currently used across three main types of connected services, including enhanced mobile broadband, mission-critical communications, and the massive IoT. The 5G technology market includes 5G connectivity technologies such as enhanced mobile broadband, ultra-reliable low latency communications, and massive machine type communications. In fact, 5G technology is expected to redefine communication, entertainment, and how people connect to the internet. Depending on the industry, some businesses can make full use of 5G capabilities. For instance, factories could use 5G to run industrial Ethernet to help them increase operational productivity and precision. uCloudlink Group Inc. (NASDAQ: UCL), Telefónica S.A (NYSE: TEF), VEON Ltd. (NASDAQ: VEON), Nokia Corp. (NYSE: NOK), Wipro Limited (NYSE: WIT)

Key Points: 
  • It is currently used across three main types of connected services, including enhanced mobile broadband, mission-critical communications, and the massive IoT.
  • For example, the need to ensure strong, seamless, and uninterrupted connectivity with autonomous vehicles is expected to drive the adoption of 5G services.
  • Ctrip will continue to act as a selling agent for UCLOUDLINK's data connectivity services and products through Ctrip's platform.
  • UCLOUDLINK will also provide its standard and customized international data connectivity services to Ctrip's self-run tour groups and those run by third party travel agencies on the Ctrip platform.

Innovative Technologies Reshape the Telecom Services Marketplace

Retrieved on: 
Friday, June 17, 2022

NEW YORK, June 17, 2022 /PRNewswire/ -- The telecom services market is rapidly evolving, and thanks to various technological innovations as well as high consumer demand, it is expected to grow significantly. One of the major drivers of this market is the proliferation of smartphones around the world and particularly in emerging markets, which elevates demand for data connectivity and for related technologies. As a result, governments around the world are investing in creating new infrastructure for telecom services. Currently, the Asia-Pacific region has the largest share of the market, accounting for about 33% in 2021. And, according to data provided by Precedence Research, the telecom services market was valued at USD 1.73 Trillion in 2021 and is projected to reach approximately USD 2.65 Trillion by 2030, while growing at a CAGR of 4.85% from 2022 to 2030. uCloudlink Group Inc. (NASDAQ: UCL), Lumen Technologies, Inc. (NYSE: LUMN), Nokia Oyj (NYSE: NOK), Vodafone Group Public Limited Company (NASDAQ: VOD), CommScope Holding Company, Inc. (NASDAQ: COMM).

Key Points: 
  • As a result, governments around the world are investing in creating new infrastructure for telecom services.
  • Ctrip will continue to act as a selling agent for UCLOUDLINK's data connectivity services and products through Ctrip's platform.
  • Lumen Technologies, Inc.(NYSE: LUMN) announced this week details for its planned fiber optics network build in the state of Texas.
  • We are thrilled for the opportunity to bring our Brightspeed services to the customers in our Texas footprint."

Innovative Technologies Reshape the Telecom Services Marketplace

Retrieved on: 
Friday, June 17, 2022

NEW YORK, June 17, 2022 /PRNewswire/ -- The telecom services market is rapidly evolving, and thanks to various technological innovations as well as high consumer demand, it is expected to grow significantly. One of the major drivers of this market is the proliferation of smartphones around the world and particularly in emerging markets, which elevates demand for data connectivity and for related technologies. As a result, governments around the world are investing in creating new infrastructure for telecom services. Currently, the Asia-Pacific region has the largest share of the market, accounting for about 33% in 2021. And, according to data provided by Precedence Research, the telecom services market was valued at USD 1.73 Trillion in 2021 and is projected to reach approximately USD 2.65 Trillion by 2030, while growing at a CAGR of 4.85% from 2022 to 2030. uCloudlink Group Inc. (NASDAQ: UCL), Lumen Technologies, Inc. (NYSE: LUMN), Nokia Oyj (NYSE: NOK), Vodafone Group Public Limited Company (NASDAQ: VOD), CommScope Holding Company, Inc. (NASDAQ: COMM).

Key Points: 
  • As a result, governments around the world are investing in creating new infrastructure for telecom services.
  • Ctrip will continue to act as a selling agent for UCLOUDLINK's data connectivity services and products through Ctrip's platform.
  • Lumen Technologies, Inc.(NYSE: LUMN) announced this week details for its planned fiber optics network build in the state of Texas.
  • We are thrilled for the opportunity to bring our Brightspeed services to the customers in our Texas footprint."

Commodities Offer Another Option for Investors Amidst Turbulent Market Conditions

Retrieved on: 
Thursday, June 16, 2022

NEW YORK, June 16, 2022 /PRNewswire/ -- It's often said that interest rates have a significant impact on the prices of gold and silver. Generally, this would appear to be true. The theory behind the claim makes sense; for example, if interest rates were to increase, that would in turn make the appeal of bonds and savings accounts go up as well, and demand for physical assets go down. In reality, though, there is no real statistical evidence to show any consistency to that claim, mostly because there are numerous factors that also affect the price of these commodities. Reyna Silver Corp. (OTC: RSNVF) (TSX-V: RSLV), First Majestic Silver Corp. (NYSE: AG), Fortuna Silver Mines Inc. (NYSE: FSM), Hecla Mining Company (NYSE: HL), Coeur Mining, Inc. (NYSE: CDE).

Key Points: 
  • One of the reasons for this is that gold and silver markets largely operate on investors' expectations for the future.
  • Now, as the inflation and supply problems affect the economy negatively, there is a need to hedge against the market with a safe haven asset.
  • The results show zoning of Copper, Lead-Zinc, and Silver and are interpreted to indicate a CRD mineralization center at depth.
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