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Amartus Tackles Complete Life-Cycle Automation for On-Demand Inter-Carrier Connectivity Using MEF Sonata APIs & Blockchain

Company worked with leading carriers and solution vendors on proof of concept (PoC) demonstration that will debut at MEF 19 in Los Angeles

LOS ANGELES–(BUSINESS WIRE)–#Amartus—Amartus, a leading innovator in inter-provider business negotiation systems and network automation software solutions, today announced the development of an open, multi-carrier, multi-vendor proof of concept (PoC) showcase titled Dynamic Connectivity and Commerce Enabled by MEF 3.0 and Blockchain.

The PoC was developed in collaboration with network provider partners Sparkle, TATA Communications, Colt, and PCCW Global with solution vendors Clear and Accedian.

The PoC will debut at MEF 19 in Los Angeles (stand 514 from Nov. 18-22) and demonstrates the combined use of MEF Lifecycle Service Orchestration (LSO) Sonata and distributed ledger technology (DLT)/Blockchain to automate the end-to-end quote to cash process for on-demand inter-carrier MEF 3.0 connectivity services.

Building on the work of the award-winning MEF 18 Fulfillment & Activation PoC, this MEF 19 PoC adds DLT/Blockchain technologies for automated settlement and billing to complete the negotiation life-cycle.

Enterprises need on-demand information and communication technology (ICT) services to compete in the increasingly agile, global business environment. Cloud and enterprise software applications are already available on-demand, however the lack of on-demand inter-carrier connectivity services remains a key barrier.

“Carriers are at a watershed moment with inter-carrier connectivity services because current manual practices are no longer sustainable,” said Michael Kearns, Co-Founder & Head of New Product Innovation at Amartus. “Those carriers who successfully cross the chasm to offer on-demand services have un-precedented potential to unlock new revenue streams and increase market share. In near term by providing the on-demand connectivity for Enterprise large-scale shift to multi-cloud, in medium/long term to support Hyper-Automation of whole industries with Network Slicing.

“As a leading global wholesale network provider, we are at the forefront of the industry in terms of on-demand services. By working in close collaboration with Amartus on industry standardization, network and process automation and PoCs, we gained invaluable insight into problems and solutions,” said Daniele Mancuso, Chief Marketing Solutions and Business Development Officer at Sparkle.

Amartus has consolidated its experience working with leading industry bodies including MEF, TMForum and, more recently, the GLF Communication Blockchain Network (CBN) and partners over the past two years to introduce nBrace™, a pioneering solution that will allow network providers to autonomously negotiate and manage on-demand inter-carrier connectivity services in real/near-real time via a direct, trusted, secure and private environment.

Amartus will demonstrate nBrace™ at MEF 19 both in the MEF PoC Showcase area and at the Amartus booth 514.

About Amartus

Amartus is a leading innovator in inter-provider business negotiation systems & network automation, providing both solutions and expert services to ICT providers & vendors. The company was established in 2003 by leading experts from the field of network management and networking and since then has provided Expert Professional Services to leading Telecom Service Providers, Network & B-OSS Vendors. We are industry-recognized as a leading innovator in network transformation, underpinned by Network Orchestration, Automation, SDN, and NFV. Amartus is an active contributor to leading industry bodies, such as MEF, TMF, ONAP, ETSI, GLF, and OpenDaylight. For more information, visit www.amartus.com.

About Sparkle

Sparkle is TIM Group’s fully owned Global Operator, first international service provider in Italy and among the top ten worldwide, with a proprietary backbone of around 530,000 km of fiber spanning from Europe to Africa, the Americas and Asia. Leveraging its global IP, Data, Cloud, Data Center, Mobile Data and Voice Platforms, Sparkle offers a full range of ICT solutions to Internet Service Providers, OTTs, Media and Content Players, Application Service Providers, Fixed and Mobile operators as well as Multinational Enterprises. Its sales force is active worldwide and distributed over 33 countries. Find out more about Sparkle at tisparkle.com

Contacts

David Rodewald

The David James Agency

805.494.9508

[email protected]

Business Wire , 2019-11-19 19:47:24 ,

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NewsBlock © 2019 - 2020. All rights reserved.


While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

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Nick Chong , 2019-11-10 12:00:38

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