As per the latest survey by Oracle Communications, it has been confirmed that around 73% of Communications Service Providers (CSPs) are planning to roll out 5G networks by 2022.
IDC: Global Carrier Multi-Access Edge Cloud Software Market Grows to $16B in 2025
IDC views 2021 as an accelerated year for multi-access edge cloud (MEC) investments. IDC forecasts global revenue for multi-access edge cloud (MEC) will grow from $3.5 billion in 2020 to $16.7 billion in 2025.
Cisco Buys Sedona Systems ‘for $100M’ to Expand Optical Networking Portfolio
Cisco has acquired Sedona Systems, a start-up from Israel who’s NetFusion Platform automatically discovers, aggregates, and analyzes network data from multiple online systems as well as optical and IP sources. Although financial details of this acquisition were not officially disclosed, the deal would be estimated at $100 million.