Today’s service providers (SPs) are operating in an evolving and competitive environment, where there can be pressure to launch new services that will keep subscribers engaged without significantly raising prices. On top of this, SPs often have to achieve these goals while also meeting strict data protection, security, and stability standards.
Sunrise Communications, one of Switzerland’s largest telecommunications providers, knew that modernizing its network was its key to success in these areas. To do this, the organization took a three-pronged approach: Sunrise consolidated its IT infrastructure to SAP HANA, standardized on enterprise open source software from Red Hat, and used industry-standard hardware from Huawei to simplify what had been a complex OSS environment and to better control costs.
Continue reading “Sunrise Communications achieves competitive gains with Red Hat”
If there’s one thing open source gets high marks for, it’s the incredibly strong foundation of communities (there are more than 90,000 community members across 183 countries working on OpenStack alone!). And in our opinion, there’s nothing better than stepping outside our offices and into the communities, be they OpenStack contributors, Red Hat partners, and our customers. This fall, we have plenty of opportunities to do just that, with a solid schedule of events all over the world.
We look forward to talking with you about open banking, digital engagement, transactional efficiency, and more. Keep reading for details on where you can find us, and we look forward to seeing you wherever our paths cross this fall.
Continue reading “Events Update: Where to find Red Hat’s financial services team this fall”
For a few years now, OpenStack and containers have been top-of-mind for service providers (SPs). In fact, most telecommunications companiesare already using OpenStack and considering containers in their operations. A new paper written by experts in the open source community takes a closer look at the power of combining OpenStack and Kubernetes, an open source platform that automates Linux container operations.
Continue reading “How OpenStack and containers power up modern telco services”
With examples of more than a 20 percent decrease in branches over the past ten years at large North American banks, it’s no wonder that 42 percent of banks are well on their way to having digital become the primary distribution channel. In fact, 92 percent of global banks surveyed plan to begin their transformation to digital as the primary distribution channel in 2019.
Given efforts are underway, many banks are now wondering how to make this shift more efficient, repeatable, and even automated. Red Hat vice president and chief technology officer, Chris Wright, recently provided insights and described how banks are using technology to move beyond surviving digitization, instead creating environments that enable continual digital innovation.
Continue reading “Empowering digital transformation in banking”
Join Red Hat this week at OpenStack Summit, May 21-24, 2018, in Vancouver, BC. We will be presenting on a variety of telecommunications topics including network functions virtualization (NFV), creating an open telco model, cloud-native applications, and more. Red Hat’s Margaret Dawson, vice president of portfolio product marketing, will also be presenting at the Women of OpenStack Networking Lunch, sponsored by Red Hat, on Wednesday, May 23 at 12:30 p.m.
There are also a number of sessions that are relevant to Telco and related digital transformation projects. We’ve curated a short list of sessions of interest below, but be sure to check our trail map on the NFV tab of our OpenStack Summit site. And make sure to stop by our booth A19 to check out our latest demos or just say hello!
Continue reading “Red Hat highlights NFV, open telco, and cloud for telcos at next week’s OpenStack Summit”
Mark Wohlfarth, Global Head of Network Equipment Provider (NEP) Sales, Red Hat
Telecommunications companies have seen explosive growth in network traffic in recent years due in large part to over-the-top (OTT) service providers like Netflix, YouTube, Hulu, and other apps that demand high network bandwidth. Given that these services are not likely going to stop operation anytime soon – and that new OTT services are being introduced at an accelerated rate – telcos are left needing significantly more network capacity.
Continue reading “Red Hat expands partner program to support telco-class offerings”
IT innovation within your business is vital to staying competitive and meeting customer expectations, regardless of your specific industry. For financial services organizations, long software release cycles, the high cost of managing complex infrastructures, and the lack of easy scalability with existing solutions can hamper a development team’s productivity. IT process automation is critical to making IT faster, more predictable, more collaborative, and more efficient, while freeing administrators to focus on efforts with the greatest organizational value. Check out our on-demand webinar series to learn more, and help jumpstart IT process automation for your financial services organization.
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Alessandro Petroni, Director, Head of Strategy Financial Services, Red Hat
Red Hat prides itself in leading the way in community-based innovation and associated best practices for enterprise consumption. This is why we are thrilled to announce that we have joined the Fintech Open Source Foundation (FINOS). FINOS is a nonprofit organization promoting open innovation in the financial services community. Red Hat OpenShift is providing the underlying technology for FINOS’ Open Developer Platform (ODP), one of the leading venues for community development within the financial services community.
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In modern times, financial markets are sensitive to any number of factors – geopolitics, economic data, shifting prices on commodities, regional unrest, even market sentiment. And that sensitivity puts pressure on financial firms also contending with globalization, market competition and changes in regulation and international capital movements. To thrive amid all that – and work smarter, better and faster – consider IT automation. Want to know more? Check out this Red Hat solution brief.
Continue reading “Implement IT automation to work smarter, better and faster in financial services”
Telcos are starting to look more closely at using containers, especially as their network functions virtualization (NFV) tests and trials mature and start moving into production. TelecomTV talked with Chris Wright, Red Hat’s VP and CTO, who shares this view, and why telcos should start preparing for containerization, in an interview.
Continue reading “Watch this: Time for telcos to prepare for containers”