#TELCO employee

[townpostin]

Theft in Birsanagar: Retired TELCO Employee's House Burglarized

Thieves strike at Devendra Singh’s residence while family away for medical treatment. A robbery occurred at the Birsanagar residence of Devendra Singh, a retired TELCO employee, who has been in Delhi for medical treatment with his family for the past four months. JAMSHEDPUR – Thieves broke into the Birsanagar home of retired TELCO employee Devendra Singh, who was in Delhi for treatment. Devendra…

[mostlysignssomeportents]

Prison-tech company bribed jails to ban in-person visits

I'm on tour with my new, nationally bestselling novel The Bezzle! Catch me in BOSTON with Randall "XKCD" Munroe (Apr 11), then PROVIDENCE (Apr 12), and beyond!

Beware of geeks bearing gifts. When prison-tech companies started offering "free" tablets to America's vast army of prisoners, it set off alarm-bells for prison reform advocates – but not for the law-enforcement agencies that manage the great American carceral enterprise.

The pitch from these prison-tech companies was that they could cut the costs of locking people up while making jails and prisons safer. Hell, they'd even make life better for prisoners. And they'd do it for free!

These prison tablets would give every prisoner their own phone and their own video-conferencing terminal. They'd supply email, of course, and all the world's books, music, movies and games. Prisoners could maintain connections with the outside world, from family to continuing education. Sounds too good to be true, huh?

Here's the catch: all of these services are blisteringly expensive. Prisoners are accustomed to being gouged on phone calls – for years, prisons have done deals with private telcos that charge a fortune for prisoners' calls and split the take with prison administrators – but even by those standards, the calls you make on a tablet are still a ripoff.

Sure, there are some prisoners for whom money is no object – wealthy people who screwed up so bad they can't get bail and are stewing in a county lockup, along with the odd rich murderer or scammer serving a long bid. But most prisoners are poor. They start poor – the cops are more likely to arrest poor people than rich people, even for the same crime, and the poorer you are, the more likely you are to get convicted or be suckered into a plea bargain with a long sentence. State legislatures are easy to whip up into a froth about minimum sentences for shoplifters who steal $7 deodorant sticks, but they are wildly indifferent to the store owner's rampant wage-theft. Wage theft is by far the most costly form of property crime in America and it is almost entirely ignored:

https://www.theguardian.com/us-news/2023/jun/15/wage-theft-us-workers-employees

So America's prisons are heaving with its poorest citizens, and they're certainly not getting any richer while they're inside. While many prisoners hold jobs – prisoners produce $2b/year in goods and $9b/year in services – the average prison wage is $0.52/hour:

https://www.dollarsandsense.org/archives/2024/0324bowman.html

(In six states, prisoners get nothing; North Carolina law bans paying prisoners more than $1/day, the 13th Amendment to the US Constitution explicitly permits slavery – forced labor without pay – for prisoners.)

Likewise, prisoners' families are poor. They start poor – being poor is a strong correlate of being an American prisoner – and then one of their breadwinners is put behind bars, taking their income with them. The family savings go to paying a lawyer.

Prison-tech is a bet that these poor people, locked up and paid $1/day or less; or their families, deprived of an earner and in debt to a lawyer; will somehow come up with cash to pay $13 for a 20-minute phone call, $3 for an MP3, or double the Kindle price for an ebook.

How do you convince a prisoner earning $0.52/hour to spend $13 on a phone-call?

Well, for Securus and Viapath (AKA Global Tellink) – a pair of private equity backed prison monopolists who have swallowed nearly all their competitors – the answer was simple: they bribed prison officials to get rid of the prison phones.

Not just the phones, either: a pair of Michigan suits brought by the Civil Rights Corps accuse sheriffs and the state Department of Corrections of ending in-person visits in exchange for kickbacks from the money that prisoners' families would pay once the only way to reach their loved ones was over the "free" tablets:

https://arstechnica.com/tech-policy/2024/03/jails-banned-family-visits-to-make-more-money-on-video-calls-lawsuits-claim/

These two cases are just the tip of the iceberg; Civil Rights Corps says there are hundreds of jails and prisons where Securus and Viapath have struck similar corrupt bargains:

https://civilrightscorps.org/case/port-huron-michigan-right2hug/

And it's not just visits and calls. Prison-tech companies have convinced jails and prisons to eliminate mail and parcels. Letters to prisoners are scanned and delivered their tablets, at a price. Prisoners – and their loved ones – have to buy virtual "postage stamps" and pay one stamp per "page" of email. Scanned letters (say, hand-drawn birthday cards from your kids) cost several stamps:

https://pluralistic.net/2024/02/14/minnesota-nice/#shitty-technology-adoption-curve

Prisons and jails have also been convinced to eliminate their libraries and continuing education programs, and to get rid of TVs and recreational equipment. That way, prisoners will pay vastly inflated prices for streaming videos and DRM-locked music.

The icing on the cake? If the prison changes providers, all that data is wiped out – a prisoner serving decades of time will lose their music library, their kids' letters, the books they love. They can get some of that back – by working for $1/day – but the personal stuff? It's just gone.

Readers of my novels know all this. A prison-tech scam just like the one described in the Civil Rights Corps suits is at the center of my latest novel The Bezzle:

https://us.macmillan.com/books/9781250865878/thebezzle

Prison-tech has haunted me for years. At first, it was just the normal horror anyone with a shred of empathy would feel for prisoners and their families, captive customers for sadistic "businesses" that have figured out how to get the poorest, most desperate people in the country to make them billions. In the novel, I call prison-tech "a machine":

a million-­armed robot whose every limb was tipped with a needle that sank itself into a different place on prisoners and their families and drew out a few more cc’s of blood.

But over time, that furious empathy gave way to dread. Prisoners are at the bottom of the shitty technology adoption curve. They endure the technological torments that haven't yet been sanded down on their bodies, normalized enough to impose them on people with a little more privilege and agency. I'm a long way up the curve from prisoners, but while the shitty technology curve may grind slow, it grinds fine:

https://pluralistic.net/2021/02/24/gwb-rumsfeld-monsters/#bossware

The future isn't here, it's just not evenly distributed. Prisoners are the ultimate early adopters of the technology that the richest, most powerful, most sadistic people in the country's corporate board-rooms would like to force us all to use.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/04/02/captive-customers/#guillotine-watch

Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg

CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en

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[euginemicah]

Kenyan Engineer who worked for Elon Musk Launches Satlyt, a Space Startup - Kenyan Wall Street

A Kenyan mechanical engineer with a global footprint, Rama Afullo began as one of Tesla’s first employees in Africa, where he launched energy solutions for the telco market. He later joined SpaceX, working closely with Elon Musk on Starlink, an initiative that revolutionized satellite internet. Now, as the founder and CEO of Satlyt, Rama is redefining space connectivity with his vision of…

[ericvanderburg]

U.S. agency cautions employees to limit phone use due to Salt Typhoon hack of telco providers

http://i.securitythinkingcap.com/TG5rnb

[verofax]

Rocket-fuelled results: Verofax is scaling up

Verofax is a traceability specialist for consumer packaged goods (CPG) brands. By creating a digital passport for each item in an inventory, and situating all of those passports within a digital twin, the startup makes inventories interactive and entirely traceable – driving highly accurate brand metrics and operational excellence.

Verofax won the Artificial Intelligence award in the Rocket Fuel Competition at LEAP 2023. So we asked Co-Founder and CEO Wassim Merheby how pitching at LEAP has accelerated the company’s progress.

Could you share the story of how and why you started Verofax?

“Verofax was developed from our personal pain. My co-founder and I had been working for 20 years as sales and marketing executives in global firms. However, it was always a challenge to have our brands engage with direct-to-consumer marketing, and use data to optimise product availability.

“So in 2019, we joined efforts to create a solution for giving every item a digital passport to address inventory and marketing challenges. We started Verofax in 2019 and we launched the Track and Trace service with augmented reality and computer vision in 2021.

“After launch, we quickly scored several pilots with leading consumer brands and Fortune 100 companies, and achieved $500K+ revenue within six months from brands and ecommerce clients. Then In 2022, all clients validated the solution benefits to their business and decided to adopt our solution – leading to over $1M revenue in 2022, and our solution powering the marketing campaigns for leading brands at FIFA World Cup 2023.”

Why did you decide to enter the Rocket Fuel competition?

“As part of our scale up roadmap, we had in mind to cater to the largest regional market (Saudi Arabia) and relocate our regional HQ to Riyadh by 2024. So we participated in LEAP back in 2022, to scout the market for opportunities and validate Saudi opportunities on the tech innovation front.

“We were amazed to see that LEAP is ear-marked to become the largest tech gathering globally, and the quality of networking opportunities surpassed all our expectations. That led us to participate in 2023, to start our relocation plan to KSA, and prospect clients and partnerships based on our market-fit validation with brands sponsoring the FIFA 2022 World Cup.”

How did you feel when you won the Artificial Intelligence award?

“It is an overwhelming feeling of gratification and validation to have our technology recognised among so many great startups that are equally promising. The win has cemented our belief that Saudi is the key GCC market that recognises and supports startups in more ways than any other country. The award was mostly distributed as a bonus for the 35 team members who worked very hard to make our startup a winner – and they were all thrilled from this validation.”

Since LEAP 2023, how has being a competition winner helped you achieve your goals?

“Since LEAP, we’ve received $1.5M in investments, and billed about $1M revenue.”

“LEAP has helped us finalise a vendor relationship with STC and other telcos who have offered to bundle our solutions and offer to the Saudi enterprise customers they service. It has also helped us get scouted by MCIT for their cohort 3 of Tech Champions, and introduced us to the Ministry of Tourism to align on a potential pilot in Saudi. It has helped many Saudi clients trust our technology – and we are currently finalising several engagements with leading Saudi enterprises.”

And what are the next steps for your startup?

“We’ve just completed registering Verofax in Saudi, and we’re currently recruiting five employees for our regional HQ in Riyadh, three of whom will be Saudi. We are readying for the pilot and prospecting over 20 clients in KSA with potential revenue of over $3M.

“We have several investors carrying out due diligence after expressing interest in Verofax as an investment opportunity – we expect to close our funding round by July 2023. We are preparing for STC channel team training to ramp up the bundled service sales across Saudi.”

What would you say to a startup that was considering entering the Rocket Fuel competition in 2024 (or just attending LEAP!)?

“If you are still considering, you will be late – and you’ll miss out on opportunities that are only available this decade in Saudi Arabia. Riyadh is the place to be and LEAP is the tech event that you cannot afford to miss out on.”

Blog source: https://verofax.com/news/rocket-fuelled-results-verofax-is-scaling-up

[julykings-blog]

Hi guys have a nice day today, well it's been really quite long since I created a blog, this time I'm going to explain what happened to my life in 2024,

While I was at my mom's house I tried to apply for multiple jobs and companies, Of all the companies I applied for fortunately I got hired at BPO company for Telco or Telecommunications, it's a minimum compensation and benefits but at least instead of just waiting at home and just reading book and watching movies, I accepted the job offer.

So far at training everything is quite simple and good, everything was going according to plan, expectation and my plan, I got at least the number 2 spot as best sales employee of my team, not bad for a beginner in this account though I had previous experience,

But lately when I get endorsed in the production floor everything is out of my hand

I felt that my new team really doesn't like me,

They never approached me even though I tried to get along but even though they tried to be friendly toward me it still shows the un authentic approach and feeling of unwelcome,

I tried to ignore it since I know that it is not easy for me to get along with since I'm an introvert person, but at least I tried, specially my team leader I tried to give her a present at least she will become lenient and just to avoid the inconvenience or aloof between us.

After a month of calling I felt that it's really hard to approach her, she didn't even initiate to help though she knows that I'm a newbie on the account she didn't even try to ask if where or what process I'm having difficulty,

When I tried to ask for assistance, I was always pleased with her just to help me, she's always not available and just found out she was in another station and just did some gossip,

The other day, she told me that they forgot to punch my log in which results in an insufficient salary, though I never react but that is painful since training I always get inadequate salary which is really different from what I signed for,

I'm really eager to get the incentives, I never late in my entire days in this company nor did absences and I almost meet all the metrics but unfortunately, I missed most of the sales opportunities due to system issues and equipment issues like malfunctioning keyboard, mouse, monitor and system issues, this might be a constant despite switching stations, especially the lack of help of my team leader.

I compared my last Team Leader where he will do everything to help you, he will initiate to help you, he will not stop until everything is resolved, you can feel his sincerity though I know that not all the Leader was like him, but at least now appreciate that kind of help,

And the day comes that we only have 1 day remaining to get the incentives, I was able to meet all the required metrics, then suddenly there's another system issue, I approach my team leader to help me out but no help on that day she prioritize her tenured agent, and I'm really having a hard time on that day especially on how to operate the tools, equipments, no help at all, no support at all, I'm really piss off but I don't want to show it, I keep myself relax and avoid myself to get out of control and I really tried my very best to get everything under control not until the next day.

It has been 3 days since this happened I wanted to report this Team Leader to the Manager, then suddenly I'm really getting annoyed by my team mates, they didn't even respect their co-worker who's taking calls they like shouting, screaming and even gossip behind my back, and the very person annoyed me when my colleague occupied my desk and laid on his foot with his dirty shoes and that's almost everyday, I really tried my best to keep calm but day by day, this frustration really triggered me.

On the other day I went to the office upon logging in on my station, again all of the tools weren't working again including the equipment, and again I saw my colleague laid his foot with his dirty shoes on my desk or chair again this time I lost my control, I shouted very loudly and said unnecessary bad words, without my conscious I throw everything that I see including keyboard, mouse, and headset and shouted very loudly, with my satisfaction to release my anger, I keep throwing the chair and kicked my colleague who is sleeping inside the office the one who laid on his foot on my chair with his dusty shoes.

Upon releasing all my frustrations, I suddenly I realized the mistakes I have made. I plead with my team leader to exit and file a leave since I am not in a good mood,

I sincerely say sorry to all the people that got affected by my behavior and left and never came back.

Now I lost my job, and ended up jobless again.

While I'm at my dorm I just remembeyr the verses that I read in the bible:

Proverbs 29:11 A stupid person gives vent to all his feelings, But the wise one calmly keeps them in check.

Proverbs 14:29 The one who is slow to anger has great discernment, But the impatient one displays his foolishness.

Though I already read these verses, however when you're in that situation it's really hard to control your emotions until you burst them out then you realize all you have done was all wrong.

#frustration

#lostcontrol

#jobless

#outofcontrol

#bibleverse

[hasufin]

PTO

My first "real" job, out of college, was with a major telco. It's been kind of interesting because it was just before the dotcom crash and it was very reflective of the business environment of the 90s: I worked in an office building, dressed in "business casual", and basically lived the life of "Office Space".

Now, one thing I recall is, we had two forms of paid time off: sick days and annual leave. The former was explicitly for being sick. If you were off more than I think two days you needed a doctor's note, but you could take it whenever. Annual leave was for personal use and you could take it for any reason you wanted, but it needed to be approved well in advance.

Since then, various employers have gone to looser models. The general tendency has been to just give each employee a certain amount of paid time off which we can use for whatever, be it going on a trip, being sick, or just taking a mental health day. This is advantageous inasmuch as no one feels the need to lie and claim to be sick so they can catch a baseball game or whatever (there's an American stereotype about this), but on the rather significant minus it means that being ill directly eats at your vacation time.

Over the last several years my company has introduced additional forms of paid time off. We get to take a day off for our birthday, we get a single floating holiday we can use per year, we get a number of set holidays, we can take a certain amount of time off to do volunteer work, and there is an annual shutdown which comes out of our paid time off.

As of yesterday, we have a new policy that we get ten sick days per year, which unlike PTO do not roll over if we don't use them (this has been a big problem for my company since Covid: people were holding on to PTO in case we got sick, but also generally getting sick less and also simply not using as much vacation. This is Bad for company financials).

I project within about ten years they'll go back to the model where we just get separate annual leave and PTO.

[telco-ict-group]

Phone Power: Maximizing with Effective Phone Systems for Office

Telco ICT Group is good at setting up phone systems for office. They make sure the phones work well for all kinds of businesses. They're experts at making sure the phones fit with how your business already works, making things run smoother and faster. They use the latest technology to make sure your phones are reliable, can grow with your business, and are super easy to use.

Having good communication is super important for businesses to do well. When people can talk easily, it helps everyone work together better and get things done faster. Good phone systems help teams work together, make things easier, and help businesses stay ahead of the competition.

By investing in quality business telephony solutions, companies can enhance their internal operations, maintain customer satisfaction, and stay ahead in the market.

Telco ICT Group's Phone Systems for Office Guide: Simplified Steps for Success

Here's a simple plan for understanding office phone methods with Telco ICT Group:

Figuring Out What You Need:

Look at what you already have for phones.

Think about what you need for your business.

Get phone stuff that fits your business goals.

Learning About Phone Features:

See what cool things phones can do, like forwarding calls or leaving messages.

Learn about fancy features that can help your business, like linking phones to your computer.

Understand the difference between regular and internet-based phone systems.

Getting Phones Set Up:

Pick the right phones and get them installed.

Connect them to your other computer stuff.

Teach your team how to use them.

Keeping Everything Running Smoothly:

Have a plan for fixing things if they go wrong.

Make sure your phones work well all the time.

Think about getting better phones if your business grows.

Keeping Things Safe:

Keep your phones safe from hackers and bad guys.

Follow rules about keeping people's information private.

Make sure your calls and messages are secure.

Office Phone Systems Simplified 

Office phone designs are like the nerve center of communication in a workplace. They let employees make calls, receive messages, and stay connected with clients and colleagues. 

There are a few main types:

Traditional Landline: These are like your old-school phone systems, connected through telephone lines provided by a local or national phone company.

VoIP (Voice over Internet Protocol): VoIP systems transmit calls over the Internet instead of using traditional phone lines. This can be more cost-effective and offer additional features like video conferencing and voicemail to email.

Virtual Phone Systems: These are cloud-based systems that don't require physical phone lines. They're flexible and scalable, making them great for businesses with remote workers or multiple locations.

Importance of Choosing the Right System

Picking the right  phone systems for office is crucial for a few reasons:

Efficiency: The right system streamlines communication, making it easier for employees to connect and collaborate.

Cost-Effectiveness: Choosing a system that fits your needs can save money in the long run. For example, VoIP often has lower call costs compared to traditional landlines.

Scalability: As your business grows, your phone system needs to grow with it. Choosing a scalable system ensures you can easily add more lines or features as needed.

Features: Different systems offer different features, from basic call forwarding to advanced analytics. Picking the right features can boost productivity and customer service.

Telco ICT Group's Approach 

Telco ICT Group specializes in optimizing business office communication. They likely take a tailored approach, considering factors like

Business Needs Assessment: They'll assess your current communication setup and identify areas for improvement.

Custom Solutions: Based on your needs and budget, they'll recommend the best phone system for your business, whether it's a traditional landline setup, VoIP, or a virtual system.

Implementation and Support: Telco ICT Group will likely handle the setup and installation of your new system, ensuring a smooth transition. They may also offer ongoing support to troubleshoot any issues and keep your communication running smoothly.

Training and Education: They might provide training for your employees to ensure they can make the most of the new system's features and capabilities.

Our Services

We provide a range of products and services for business communications, including:

Telstra Business Partnership: We collaborate closely with Telstra to offer tailored communication solutions that meet the unique needs of businesses.

3CX Phone System: Our advanced phone system solution, powered by 3CX, enables efficient and reliable communication within your organization.

Business Phone Systems: We offer customizable business phone systems to enhance communication efficiency and productivity in your workplace.

Ericsson LG IPECS: Leveraging Ericsson LG's innovative technology, our IPECS solutions deliver high-performance communication capabilities for businesses of all sizes.

We are committed to providing reliable and scalable communication solutions to help businesses thrive in today's dynamic environment.

Key Features to Look For:

Call Management

Call Handling: Make sure the business phone system can send calls to the right people, forward them when needed, and handle voicemails well. These are important for keeping company communication smooth.

Telco ICT Group's Tools: Check what Telco ICT Group offers to help you manage calls better, such as automated systems and call tracking tools.

Integration and Compatibility

Work with Other Tools: See if the system can easily work with your business's other tools, like email or customer management software.

Mobile and Software Compatibility: Make sure the system works well with mobile phones and common software, so your team can use it easily on the devices they already have.

Scalability and Flexibility

Grow as You Grow: Choose a system that can grow with your business, adding more users and features as you need them.

Change it to Fit Your Needs: Look for options to customize the system to fit how your business works best so it's flexible enough to adapt to your needs.

Factors to Consider When Choosing: 

Business Size and Needs

Matching Solutions to Business Size: It's essential to choose a telecommunications system suitable for your business's size. Small businesses may need a simpler solution that focuses on basic communication needs. 

At the same time, larger enterprises might require more advanced features and scalability to handle a higher volume of calls and users. Medium-sized businesses fall somewhere in between and may benefit from a system that balances features and affordability.

Understanding Communication Needs: Before selecting a system, assessing your specific communication requirements is crucial. This involves considering factors such as the number of employees using the system, the frequency of internal and external communication, the need for advanced features like video conferencing or call analytics, and any unique needs or workflows within your organization.

Budget and Cost Analysis

Knowing Upfront and Ongoing Costs: When evaluating telecommunications systems, it's important to understand both the upfront costs of implementation and the ongoing expenses associated with maintenance, upgrades, and usage fees. This includes considering expenses such as hardware or software purchases, installation fees, subscription or licensing costs, and any additional charges for extra features or usage beyond the base package.

Looking at Telco ICT Group's Pricing: Telco ICT Group's transparent pricing and cost-saving strategies are significant considerations when choosing a provider. Transparent pricing means clear and upfront information about the costs associated with their services, helping businesses make informed decisions without hidden fees or surprises. Cost-saving strategies could include bundled service packages, discounts for long-term contracts, or scalable pricing models that allow businesses to pay only for the resources they use.

Support

Easy to Use: A telecommunications system's user experience can significantly impact productivity and satisfaction among employees. Look for a system with intuitive interfaces, easy-to-understand features, and seamless navigation to minimize the learning curve for users. A user-friendly system reduces the need for extensive training and support, allowing employees to focus on their tasks rather than struggling with technology.

Support from Telco ICT Group: Telco ICT Group's commitment to customer support and training is crucial for ensuring a smooth implementation process and ongoing assistance as needed. This includes responsive customer service channels, comprehensive training programs to onboard employees and administrators, and proactive assistance with troubleshooting technical issues or optimizing system performance. A reliable support system minimizes downtime and frustration, empowering businesses to maximize the value of their telecommunications investment.

Conclusion

In conclusion, mastering  phone systems for office with Telco ICT Group involves understanding your business's needs, learning about the available features, selecting the right system, and ensuring smooth operation and security. Telco ICT Group is great at setting up business phone solutions for businesses of all sizes. They use the latest technology to make communication more efficient and effective.

Good communication is very important for businesses to succeed. It helps with teamwork, productivity, and customer satisfaction. By using strong business phone solutions, companies can make their operations smoother, improve teamwork, and stay competitive in the market.

Telco ICT Group makes it easy to set up business phone solutions. They start by understanding what a business needs, teach users about the features, set up and integrate the systems smoothly, provide ongoing support, and focus on security. They specialize in creating solutions that match each business's unique needs, ensuring the systems are scalable, flexible, and cost-effective.

Picking the right business phone solution is key to improving communication at work. Telco ICT Group is a trusted partner in this process, offering complete solutions and support to help businesses succeed in today's competitive world.

[myithub]

3CX is the developer of an open standards communications solution which innovates business connectivity and collaboration, replacing proprietary PBXs. The award-winning software enables companies of all sizes to cut telco costs, boost employee productivity, and enhance the customer experience. Power your small business with a 3CX PBX Business Phone System and take advantage of the latest in integrated business communications and customer engagement technology.

With integrated video conferencing, apps for Android and iOS, website live chat, SMS, Facebook and WhatsApp messaging integration, 3CX offers companies a complete communications package out of the box.

3CX Phone System Pro, which is designed to boost businesses customer service and staff productivity via innovative and unique features including advanced call center features, Microsoft Exchange integration, cross-office presence and superior call reporting.

Category: https://www.myithub.com.au/brand/3cx/

[dertaglichedan]

Tech Giant Cisco Lays Off 4,000+ Employees to Concentrate on AI

Networking giant Cisco is laying off more than 4,000 employees to shift focus and resources towards developing its AI capabilities.

The New York Post reports that Cisco, the multinational technology conglomerate, announced plans to cut more than 4,000 jobs across its global workforce in order to redirect resources into AI initiatives. The layoffs account for approximately five percent of Cisco’s 85,000 employees and are expected to cost the company $800 million in severance packages.

In an earnings call, Cisco CEO Chuck Robbins stated that the company would be focusing on “high-growth areas such as AI and software development.” He emphasized Cisco’s goal to “capitalize on the multibillion-dollar AI infrastructure opportunity” through partnerships with companies like Nvidia. Cisco recently collaborated with Nvidia to develop AI products for enterprise use.

The announcement comes alongside Cisco’s quarterly earnings report, which showed adjusted profits of $0.87 per share and revenues of $12.79 billion. However, Cisco also trimmed its annual revenue forecast from a high of $55 billion down to a range of $51.5-$52.5 billion. Robbins cited “weak demand with our telco and cable service provider customers” as a factor in the adjusted projections.

Cisco joins a growing list of tech companies that have conducted layoffs in 2024, including Snap, Google, eBay, Microsoft, Amazon, and SAP. These workforce reductions highlight an industry-wide slowdown as economic volatility persists.

[townpostin]

Tata Motors Celebrates Independence Day with Flag Hoisting at Jamshedpur Plant

Tata Motors holds main Independence Day ceremony in Jamshedpur, with Plant Head Ravindra Kulkarni leading the celebrations. Tata Motors celebrated Independence Day at its Jamshedpur plant, with a grand ceremony featuring a flag hoisting and cultural performances. JAMSHEDPUR – Tata Motors organized the main Independence Day ceremony at the Suman Mulgaonkar Stadium in Telco, Jamshedpur, where the…

[mostlysignssomeportents]

This day in history

#15yrsago How Britain’s Pirate Finder General is trying to save the Analog Economy at the Digital Economy’s expense https://www.theguardian.com/technology/2009/nov/26/digital-economy-file-sharing-mandelson

#15yrago Musician’s open letter, sung to Peter Mandelson, Britain’s Pirate-Finder General https://www.youtube.com/watch?v=6_P4lJD_OPI

#15yrsago Scientist explains why climate scientists talk trash https://rifters.com/crawl/?p=886

#10yrsago The clown-prince of DHS checkpoint refusal videos https://www.youtube.com/user/ttoutpost/featured

#10yrsago Song for Shaker: free the last UK Gitmo prisoner! https://standwithshakeraamer.tumblr.com

#10yrsago Vodafone made millions helping GCHQ spy on the world https://arstechnica.com/tech-policy/2014/11/new-snowden-docs-gchqs-ties-to-telco-gave-spies-global-surveillance-reach/

#10yrsago Uberdystopian: the surge-priced nightmare future https://www.vice.com/en/article/one-day-i-will-die-on-mars/

#10yrsago Essential reading: the irreconcilable tension between cybersecurity and national security https://opencanada.org/the-cyber-security-syndrome/

#10yrsago Strong Female Protagonist Book One https://memex.craphound.com/2014/11/26/strong-female-protagonist-book-one/

#5yrsago Four union organizers fired from Google https://arstechnica.com/tech-policy/2019/11/firing-of-four-google-employees-is-retaliatory-activists-say/

#5yrsago 1941 film shows striking animators brandishing a working guillotine at the Disney studio gates https://web.archive.org/web/20191126175152/https://paleofuture.gizmodo.com/that-time-animators-brought-a-guillotine-to-the-disney-1839802702

#5yrsago Christian TV pastor Rick Wiles: Impeachment is a “Jew coup” https://web.archive.org/web/20191127005302/https://www.patheos.com/blogs/progressivesecularhumanist/2019/11/christian-tv-host-warns-followers-trump-impeachment-is-jew-coup/

#5yrsago In defamation case, Elon Musk will testify that “pedo guy” is a common South African phrase and not an accusation of pedophilia https://www.vice.com/en/article/the-california-dmv-is-making-dollar50m-a-year-selling-drivers-personal-information/

#5yrsago Across America, DMVs make millions selling your license data to private eyes — and randos https://www.vice.com/en/article/the-california-dmv-is-making-dollar50m-a-year-selling-drivers-personal-information/

#5yrsago Bloomberg’s $34m presidential campaign ad-buy is 1.1% of the taxes Bernie, Warren and Steyer want him to pay https://newrepublic.com/article/155844/michael-bloomberg-big-hedge-wealth-tax-2020

#5yrsago How to argue with your racist Facebook uncle this Thanksgiving https://action.dccc.org/pdf/knowyourstuffing-2019_print.pdf

#5yrsago Podcast: The Engagement-Maximization Presidency https://ia803104.us.archive.org/30/items/Cory_Doctorow_Podcast_316/Cory_Doctorow_Podcast_316_-_The_Engagement-Maximization_Presidency.mp3

[littlehub]

Digital Transformation in the Financial Industry

Digital transformation is an ongoing process that helps financial services firms keep pace with the demands of a rapidly evolving world. It involves implementing new technologies, processes, and tools to help organizations stay competitive, innovate, and create value for customers. In the financial industry, this includes digitizing supply chains, improving customer experiences, automating processes, and more.

The pace of digital transformation in the finance industry has been accelerated by increased competition from nonbank players and new technology such as blockchain, AI, and augmented reality. These developments have created opportunities for both established banks and neobanks to expand their service offerings, improve the efficiency of their operations, and increase their customer retention rates. Moreover, they are What is ChatGPT? leveraging data analytics and automation to deliver personalized services to meet the needs of diverse groups such as millennials and baby boomers.

However, despite the benefits of digital transformation, the implementation process has been challenging for many financial services companies. In fact, a majority of respondents to our survey cited cost reduction and optimizing business efficiencies as top digital priorities for their organization. Fortunately, the finance sector has a variety of solutions available to them that can help them achieve their goals, including cloud technology and finance robotics.

The key to successful digital transformation in the financial industry is fostering a culture of innovation that inspires organizational behavioral change. This requires senior leaders to evangelize the vision of the strategy and get employees behind it. It also involves cultivating a learning culture in which short-term mistakes and failures are accepted as part of the process. In addition, it is important for financial services leaders to develop a strategic roadmap to guide the process.

Another way to accelerate digital transformation is through collaboration with nonfinancial partners. This approach offers banks the opportunity to deliver a seamless experience by integrating banking and payments into the app ecosystems of telcos, automotive companies, retailers, and more. This is called embedded finance and it has become a major focus of both Big Techs and neobanks as they seek to capture new revenue streams by providing their audiences with one-stop financial experiences.

In the future, we expect to see even more financial services providers join this ecosystem to provide hyper-personalized, customized experiences for all types of consumers. Embedded finance will open the doors of financial services to the 1.7 billion unbanked people in the world, including technology website immigrants, small-business owners, and freelancers, who would benefit from more tailored options that empower them to take control of their own finances. These changes will drive increased consumer satisfaction and loyalty, as well as bolster business growth for the providers that embrace them. However, this shift will require banks to be flexible and nimble in order to adjust to the changing landscape. Those that don’t will be left behind. This is why it’s so critical for financial services companies to leverage the full power of digital transformation to drive a competitive advantage. Those that do will thrive.

[heuu-industrial-space-pcmc]

Heuu Industrial Spaces Project Spotlight: Top Industrial Space in PCMC

In the vibrant landscape of PCMC MIDC, Heuu Industrial Spaces emerges as the epitome of ready-to-move-in industrial excellence. Strategically located just behind Thermax Chowk, this project is the top industrial space in PCMC.

Prime Location Advantage

Situated in the heart of Pimpri-Chinchwad, Heuu Industrial Spaces in PCMC enjoys proximity to key industrial hubs, making it a strategic choice for various businesses. The project is conveniently close to Telco and offers easy access to public transportation with Chinchwad Railway Station and Akurdi Railway Station in close vicinity.

Versatile Suitability for Businesses

Heuu Industrial Spaces caters to a diverse range of industries like  auto and auto components, engineering, logistics & warehousing, renewable energy, electric vehicles, FMCG, food processing, hospitality, industrial lubricant dealers, and industrial supplies.

Amenities that Fuel Business Operations

Understanding the pulse of successful industrial operations, Heuu Industrial Spaces is equipped with essential amenities. Expansive driveways with separate entry and exit points ensure smooth traffic flow. The property offers ample parking spaces for 2-wheelers and 3-wheelers, ensuring convenience for employees and visitors. Additionally, well-furnished conference rooms are available to facilitate business meetings and collaborations.

Also known as “Detroit of the East.”

Being situated in PCMC MIDC, known as the Detroit of the East, Heuu Industrial Spaces benefits from the robust industrial ecosystem in the region. The area is a hub for major industries, including giants like Tata Motors, Mercedes-Benz, Bajaj Auto, Force Motors, Eaton, Mahindra, and many more. This strategic location not only provides businesses with a competitive edge.  Also, contributes to the overall growth and development of the industrial sector in the region.

Heuu Industrial Spaces is more than just an industrial space; it is a gateway to seamless business operations in the dynamic landscape of PCMC MIDC. With its prime location, versatile suitability for various industries, and business-enhancing amenities, Heuu Industrial Spaces emerges as the top choice for those seeking ready-to-move-in industrial spaces in PCMC. Elevate your business to new heights with a strategic investment in Heuu Industrial Spaces.

Heuu Industrial Spaces not only provides a conducive environment for existing businesses but also catalyzes the economic growth of PCMC MIDC. The region’s moniker as the Detroit of the East reflects its significance in the industrial landscape, and Heuu Industrial Spaces plays a pivotal role in sustaining and enhancing this legacy. As a part of this thriving industrial ecosystem, businesses within the project stand to benefit from synergies, collaborations, and the overall vibrancy that defines PCMC MIDC. With a commitment to excellence and a strategic vision, Heuu Industrial Spaces stands as a testament to the progressive future of industrial ventures in this dynamic region. Invest in the success story of PCMC MIDC – invest in Heuu Industrial Spaces.

[verofax]

Rocket-fuelled results: Verofax is scaling up

Verofax is a traceability specialist for consumer packaged goods (CPG) brands. By creating a digital passport for each item in an inventory, and situating all of those passports within a digital twin, the startup makes inventories interactive and entirely traceable – driving highly accurate brand metrics and operational excellence.

Verofax won the Artificial Intelligence award in the Rocket Fuel Competition at LEAP 2023. So we asked Co-Founder and CEO Wassim Merheby how pitching at LEAP has accelerated the company’s progress.

Could you share the story of how and why you started Verofax?

“Verofax was developed from our personal pain. My co-founder and I had been working for 20 years as sales and marketing executives in global firms. However, it was always a challenge to have our brands engage with direct-to-consumer marketing, and use data to optimise product availability.

“So in 2019, we joined efforts to create a solution for giving every item a digital passport to address inventory and marketing challenges. We started Verofax in 2019 and we launched the Track and Trace service with augmented reality and computer vision in 2021.

“After launch, we quickly scored several pilots with leading consumer brands and Fortune 100 companies, and achieved $500K+ revenue within six months from brands and ecommerce clients. Then In 2022, all clients validated the solution benefits to their business and decided to adopt our solution – leading to over $1M revenue in 2022, and our solution powering the marketing campaigns for leading brands at FIFA World Cup 2023.”

Why did you decide to enter the Rocket Fuel competition?

“As part of our scale up roadmap, we had in mind to cater to the largest regional market (Saudi Arabia) and relocate our regional HQ to Riyadh by 2024. So we participated in LEAP back in 2022, to scout the market for opportunities and validate Saudi opportunities on the tech innovation front.

“We were amazed to see that LEAP is ear-marked to become the largest tech gathering globally, and the quality of networking opportunities surpassed all our expectations. That led us to participate in 2023, to start our relocation plan to KSA, and prospect clients and partnerships based on our market-fit validation with brands sponsoring the FIFA 2022 World Cup.”

How did you feel when you won the Artificial Intelligence award?

“It is an overwhelming feeling of gratification and validation to have our technology recognised among so many great startups that are equally promising. The win has cemented our belief that Saudi is the key GCC market that recognises and supports startups in more ways than any other country. The award was mostly distributed as a bonus for the 35 team members who worked very hard to make our startup a winner – and they were all thrilled from this validation.”

Since LEAP 2023, how has being a competition winner helped you achieve your goals?

“Since LEAP, we’ve received $1.5M in investments, and billed about $1M revenue.”

“LEAP has helped us finalise a vendor relationship with STC and other telcos who have offered to bundle our solutions and offer to the Saudi enterprise customers they service. It has also helped us get scouted by MCIT for their cohort 3 of Tech Champions, and introduced us to the Ministry of Tourism to align on a potential pilot in Saudi. It has helped many Saudi clients trust our technology – and we are currently finalising several engagements with leading Saudi enterprises.”

And what are the next steps for your startup?

“We’ve just completed registering Verofax in Saudi, and we’re currently recruiting five employees for our regional HQ in Riyadh, three of whom will be Saudi. We are readying for the pilot and prospecting over 20 clients in KSA with potential revenue of over $3M.

“We have several investors carrying out due diligence after expressing interest in Verofax as an investment opportunity – we expect to close our funding round by July 2023. We are preparing for STC channel team training to ramp up the bundled service sales across Saudi.”

What would you say to a startup that was considering entering the Rocket Fuel competition in 2024 (or just attending LEAP!)?

“If you are still considering, you will be late – and you’ll miss out on opportunities that are only available this decade in Saudi Arabia. Riyadh is the place to be and LEAP is the tech event that you cannot afford to miss out on.”

Stay Updated:

For more insightful tips and expert advice, follow me on LinkedIn, Facebook, Instagram, Twitter, TikTok, Threads, YouTube channel and stay tuned!

For more information, visit Verofax or contact info@verofax.com.

[digitalsolutionsfortelecos]

Essential Role of Gamification Software in the Telecom

Over the past decade, the telecommunications sector has experienced significant expansion, primarily driven by the proliferation of smartphones. While 4G and LTE technologies have reached maturity, the race for dominance in 5G technology intensifies. In the United States, smartphone usage surged from 50 million in 2009 to an impressive 300 million in 2019, with projections anticipating a rise to 311 million by 2025. This surge in users has heightened competition, prompting industry leaders to seek innovative strategies to attract and retain customers. 

Telecom gamification software integrates game elements, strategic incentives, and social media connectivity and has catalyzed growth across various industries. Now, telecom behemoths are exploring how telecom gamification solutions can revolutionize their sector. 

Major Advantages of Implementing Gamification in the Telecommunication Industry

The best gamification software in telecom offers distinct advantages that bolster the telecom industry in various ways. Let's delve into the potential benefits of gamification solutions for the telecom industry.

The telecom gamification platform integrates game-like elements into the telecom industry's platforms and processes to engage users, drive desired behaviors, and enhance the overall experience. This software leverages mechanics such as points, badges, leaderboards, challenges, and rewards to motivate both customers and employees.

Enhanced User Engagement:

Whether it's a prospective customer visiting an online platform or an employee navigating intranet tools, a telecom gamification solution amplifies engagement levels.

Elevated Employee Morale:

Within the workforce, gamification tools for telcos and CSPs have proven effective in elevating spirits and enhancing job contentment.

Strengthened Customer Loyalty:

By integrating incentive-driven gamification tools for loyalty elements like badges and rewards, telecom providers can foster deeper customer loyalty, as users gravitate towards immediate rewards and recognition.

Optimized Organizational Processes: 

Incorporating telecom gamification software that is part of a customer value management platform can refine internal training modules, expedite employee integration during onboarding, and uplift overall workforce productivity.

Insightful User Analytics: 

By examining user-provided, consent-based data from interactive sessions such as quizzes or Q&A sessions, companies can derive invaluable insights about their clientele.

Tailored Product Offerings: 

Leveraging insights from telecom gamification platform interactions allows telecom firms to refine and customize their offerings, ensuring enhanced user satisfaction.

Amplified Brand Visibility: 

Through strategic telecom gamification solutions, telecom brands can elevate their market presence and seamlessly align promotional messages with specific marketing endeavors.

Emerging Trends in Telecom Gamification Software in the Telecom Industry:

Incentive Structures: 

Gamification customer value management platforms in telecom will increasingly offer users rewards and bonuses, driving loyalty and fostering recurrent engagements. The role of gamification for telecom loyalty programsis impressive and it will be inevitable.

Personalized Experiences: 

Leveraging data analytics and AI, telecom gamification solutions will craft bespoke challenges and rewards tailored to individual user preferences and behaviors.

Feedback Mechanisms: 

Through interactive quizzes and surveys, telecom gamification software will facilitate the collection of user feedback, enabling businesses to refine their offerings.

Real-time Engagement: 

Telecom gamification platforms will provide instantaneous updates, enhancing transparency and deepening user engagement.

Competitive Dynamics: 

The introduction of leaderboards will instigate healthy rivalry, motivating professionals like sales representatives and distributors to elevate their performance.

Immersive Technologies: 

Integrating virtual and augmented reality within telecom gamification software will offer enriched, hands-on experiences, aiding professionals in honing their expertise.

Omni-channel Integration: 

Gamification strategies will span multiple platforms, from mobile applications and websites to social media, ensuring comprehensive user reach and interaction.

Team-centric Challenges: 

Through collaborative gaming elements, telecom gamification software will stimulate teamwork, bolster communication, and foster a sense of community among participants.

Gamification Features and Solutions are Redefining the Telecommunication Industry:

Gamification solution for loyalty, sales, customer value management, and other operations has the power to transform the telecom sales and distribution landscape, presenting an enjoyable approach to spur user motivation and rewards. 

As technological advancements unfold, telecom gamification software and Magik, a customer value management platform will evolve, capitalizing on elements like rewards, tailored experiences, feedback mechanisms, instant updates, virtual and augmented reality, omnichannel presence, and team-based challenges. By integrating gamification in telecommunication, telecom enterprises can boost sales, amplify customer interactions, and maintain a competitive edge in a dynamic marketplace. 

Are you interested in looking for the best telecom gamification software for your CSP or telecommunication business?  6D Technologies offers the best gamification tool for telcos. To learn more about this platform, please visit https://www.6dtechnologies.com/cvm/gamification-solution/