Organisations set to capitalise on opportunities in the media-telecom value chain

LONDON--(BUSINESS WIRE/AETOSWire)-- IBC, the world’s most influential media, entertainment & technology show, and TM Forum, the industry association driving digital business transformation, have announced the launch of five new Catalyst projects for 2019.

As confirmed at the Digital Transformation World event earlier this year, the two organisations are collaborating to extend the scope of TM Forum’s Catalyst Program specifically to the media-telecoms ecosystem. This will involve connecting with IBC’s expertise, heritage and media relationships across the broadcasting, entertainment and technology industries, which continue to converge.

Today’s announcement further builds on this, with organisations across the media-telecoms value chain now able to submit applications for five new Catalyst projects to solve the challenges posed by the increasing convergence between the media and telecommunications industries. Catalysts are proof-of-concept projects developed collaboratively, bringing together companies large and small to drive technical innovation and create solutions to common challenges.

These five new Catalyst projects will see broadcasters, operators, software vendors and other suppliers across the telecoms and media industries work together through the collaboration with IBC in order to quickly capitalise on new opportunities in a rapidly evolving digital world. Each Catalyst team will build a working proof-of-concept solution to a specific industry challenge and the successful projects will be showcased at IBC2019 and Digital Transformation World 2019.

Examples of where these collaborations could focus include areas such as using 5G powered drones for enhancing the viewing experience during live sporting events; utilising blockchain to support the media supply chain in ways such as royalty tracking and collection; tackling piracy and the unlawful use of unlicensed streaming boxes; and developing an open API to securely and anonymously monitor advertising performance in digital media. The brand new Telco and Media Innovation Forum at IBC2018 (13-18 September) will see leading players in the media-telecoms ecosystem come together and kick-start discussions on proof-of-concept projects such as these.

“IBC is pleased to be able to help facilitate the convergence that we are seeing throughout the industry,” said Michael Crimp, CEO, IBC. “With our unique position within the media community, and now our collaboration with the TM Forum, we are now fully equipped to facilitate long-term solutions to the most vexing problems facing the telecoms and media industries today.”

“Media is an increasingly important sector for our global membership as the boundaries between telecoms and media continue to blur,” said Nik Willetts, CEO, TM Forum. “The digital age is changing the landscape for creation, distribution and consumption of media, and we believe that through industry collaboration we can drive a new wave of innovation and growth. We’re delighted to collaborate with IBC, and to extend the Catalyst model to explore the convergence of telecoms and broadcasting.”

The development of the Catalyst program with IBC is part of TM Forum’s commitment to extend its Catalyst model to vertical markets undergoing digital transformation where the communications industry can play a vital part.

Benefits of joining a Catalyst project include:

Multiplication of resources to accelerate R&D

Catalysts serve as extensions to R&D departments, where resources are pooled by participating organisations. With an R&D cycle considerably faster than most in-house initiatives, innovation is achieved faster, and at lower cost due to the sharing of resources and effort. TM Forum manages each of these projects ensuring structured programs are in place, adhered to by all participants.

Creativity from a multi-company team

Working with some of the brightest minds from outside their own organisation helps companies get fresh perspectives into their project.

Testing Platform

Participants learn how the solution works with others in the industry in a hands-on environment. Suppliers receive real requirements and valuable feedback from the Catalyst ‘Champions’ and industry peers.

‘Trust’ - a safe place to innovate

Participants can explore new concepts without needing to expend time and energy to form commercial relationships - TM Forum takes care of contracts.

Notes to Editors:

For more information about IBC2018 visit: show.ibc.org

About IBC

IBC is the world’s most influential media, entertainment and technology show, attracting 57,000+ attendees from more than 170 countries and combining a highly respected and peer-reviewed conference with an exhibition that showcases 1,700+ leading industry suppliers of state-of-the-art technology. In addition to the world-class exhibition and conference, IBC also encompasses the IBC Daily, IBCTV and IBC365.

IBC365 provides year-round insight and opinion into the hot topics and key trends from leading industry journalists, along with insightful whitepapers, peer reviewed technical papers, highly engaging webinars and an expansive video library.

IBC2018 Dates

For more information about IBC2018 visit: show.ibc.org/

About TM Forum

TM Forum is an association of over 850 member companies that generate US$2 trillion in revenue and serve five billion customers across 180 countries. We drive collaboration and collective problem-solving to maximize the business success of communication and digital service providers and their ecosystem of suppliers around the world. Today, our focus is on supporting members as they navigate their unique digital transformation journeys, providing practical and proven assets and tools to accelerate execution and platforms to facilitate collaborative problem solving and innovation. Learn more at www.tmforum.org.

*Source: AETOSWire

In a special ceremony marking project handover in presence of Al Mazaya team, project’s chief contractor, service management company

Al Hadhrami: “We are proud of achieving this milestone in record time as per set plan and specs.”

Muscat: 15 September 2018

Al Mazaya Holding officially received Phase I of its Mazaya Residence, one of the top integrated projects in the heart of Muscat, from the chief contractor of the flagship project on Sunday August9, 2018.

A ceremony was held marking the occasion in the presence of Mr. Jassim Al Hadhrami, Al Mazaya representative in Oman, a number of company team members, representatives of the project’s contractor and members of Bait Al Osool, the company appointed to manage the project.

The completion of Phase I of Mazaya Residence adds a new feather to the company's cap in areas of residential developments. The first of its kind in Oman, the accomplishment of the project in record time as per the set plan corroborates the company’s credibility and commitment to applying international standards and best practices in all its business portfolios across the region.

Mazaya Residence is a modern, integrated lifestyle project that is suitable for all segments of society. The best design criteria have been followed in terms of optimum utilisation of spaces. The project features diverse amenities and services, including swimming pools, tennis courts, fully equipped health clubs for both genders, kids’ play areas, round-the-clock CCTV monitoring, cleaning and maintenance services, and underground parking facilities.

From day one till its completion, Al Mazaya Holding has been pursuing the fulfilment of the housing needs of Omani citizens, in particular, and Gulf nationals, in general, in terms of quality building material, premium execution and high-end finishes to ensure the project has been ultimately handed over to its owners in the best possible form.

The ceremony included the contractor’s delivery of all the project’s structural drawings and layouts to the representative of Al Mazaya in Muscat as well as all the identification guides for the entire project and its attached amenities. This was followed by a tour of the project and the service facilities allocated to its residents.

Al Mazaya is currently working with officials and governmental authorities concerned in Muscat to establish an association of owners for Mazaya Residence with a view to following up the management of the project and ensuring an optimum living environment for all the residents.

Al Mazaya has signed a project management contract with Bait Al Osool to provide integrated management services through a highly-qualified technical team to fulfil the various needs of the owners, tenants and visitors.

Bait Al Osool will provide 24/7 security and cleaning services. The company will be in charge of maintaining the aesthetic quality of the project both internally and externally, as well as providing administrative, technical and maintenance support services for all apartments and facilities, including swimming pools, tennis courts, fully equipped health clubs for both genders, kids’ play areas, round-the-clock CCTV monitoring, cleaning and maintenance, along with the underground parking facilities.

“We are very pleased to have completed the first phase of the Mazaya Residence project in record time as per the set plan and specifications. We have fulfilled all our promises in accordance with the highest standards and criteria followed in the real estate development and construction industry," said Jasim Al Hadhrami, Marketing & Sales Officer at Al Mazaya Real Estate Development.

Al Hadhrami, stressed that Al Mazaya Holding is currently working with the Oman’s Ministry of Housing to transfer ownership documents to the project’s new owners besides providing each buyer with an integrated guide for the specifications of the project’s units and facilities and ways of communicating with the property management company, in compliance with relevant laws and regulations in the Sultanate.

Earlier, Al Mazaya announced the completion of the project’s Phase I which is now ready for delivery to its owners. It sprawls over 6,614 square metres and consists of 120 apartments in different spaces in addition to 28 shops.

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UAE Exchange Kuwait is one of the leading and esteemed players in the market for  Financial Services in Kuwait and has recently concluded its latest promotion in collaboration with INSTANT CASH GLOBAL MONEY TRANSFER. The promotion includes 5 gms Gold coin to 50 customers and 50 gms Gold coin to one winner, a total of 51 winners. The promotion resulted in helping our valuable customers whom we consider our most valuable asset in achieving their dreams.

The lucky winner Mr. Rana Shankar Sharam, received his valuable prize of 50 gms Gold coin during the prize distribution ceremony at Ramada encore on 3^rd Sep 2018.

UAE Exchange Kuwait launched its promotion “Gold Fiesta” on 15^th May 2018 until 12^th August 2018, which targeted all the Individual customers and gave them the chance to enter a draw to win Gold Coin with every transaction transferred from any of the 23 branches across Kuwait.

Instant Cash CEO Mr. Philp C Daniel and Assistant Business Development Manager Mr. Binoy S Skariah were present at the event. UAE Exchange Kuwait was represented under the inimitable leadership of General Manager Mr. Supin James, AGM – Admin & HR Mr. Dhari Al Muhareb, AGM Operations Mr. Krishnakumar Eacharath and Head – Business Development & Marketing Mr. George Varghese along with other Department Heads and Branch Heads.

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Two-day Riyadh summit aimed at achieving sustainable contractor sector serving Saudi’s US$1.4 trillion construction market

Riyadh, Saudi Arabia, 11 September 2018, (AETOSWire): A new exhibition and conference dedicated to Saudi Arabia’s contracting sector is launching in Riyadh next week, where government authorities, regulators, and key industry players will join forces to develop the Kingdom’s US$1.4 trillion construction market.

The 1^st International Contracting Conference and Exhibition (ICCE), will take place from 16-17 September 2018 at the Riyadh International and Convention and Exhibition Centre, as achieving a sustainable contracting sector becomes top of the agenda for all stakeholders. 

The two-day event is held under the patronage of His Excellency Dr. Majid bin Abdullah Al Qasabi, Saudi’s Minister of Commerce and Investment, and hosted by the Saudi Contractors Authority, a newly formed government authority responsible for regulating the Kingdom’s contractor industry and increasing mergers and acquisitions in a market where construction projects are expected to surge in the coming years.

According to Project Intelligence Platform Ventures ONSITE, as of September 2018, the total value of KSA construction-related projects, comprising buildings, industrial, power & water, oil & gas, and infrastructure, is estimated to be worth US$1.4 trillion.  Meanwhile, new KSA construction contractor awards are estimated grow to US$44.1 billion in 2019, compared to 2018’s value of US$26.3 billion.  

Eng. Thabet Mubarek Al-Sawyeed, the Governor of the Saudi Contractors Authority (SCA), said the 1^st ICCE is formed under the guidance of the Saudi Vision 2030: “As part of Vision 2030, Saudi Arabia is going through immense change, and part of this change is to achieve a sustainable contracting sector for the Kingdom,” said Al-Sawyeed.

“In line with Custodian of the Two Holy Mosques King Salman’s vision, the SCA’s mandate is to organise, develop and regulate Saudi’s contracting industry, enabling it to build competent capabilities and to raise the standards produced by the sector, thereby establishing a safe and secure work environment.

“We’re therefore launching the ICCE under the theme of ‘Building the future with confidence’.  Its aim is to not only create business opportunities, but to solve challenges in the contracting industry, encourage creativity, enhance communications, educate, facilitate and advocate not only SCA members, but the construction industry as a whole,” added Al-Sawyeed.

The 1^st ICCE is co-organised by Messe Frankfurt Middle East, and Saudi-based ACE Exhibitions.  Key sponsors on-board for the inaugural showpiece include Strategic Diamond Partner Al Bawani; Platinum Partners Riad Bank and Shibh Al Jazira Contracting Company; Gold Partners SAPAC and ANB; and Silver Partners Nesma and Partners Contracting, Saudi Tumpane, Mohammed Al Ojaimi Group, and TAMIMI Pre-Engineered Buildings.

Ahmed Pauwels, CEO of Messe Frankfurt Middle East, said: “The Saudi Arabian construction sector is undergoing a massive transformation, with the likes of Neom Business City and The Red Sea Project just a couple of examples of major building projects being planned at the moment.

“These, along with other KSA projects already under tender and in the design phase, will offer plenty of opportunities for the contractors across the whole supply chain, and the ICCE will act as the focal point and catalyst of the sector’s future development and long-term success.”

“We are proud to align with the Saudi Vision 2030 in organising the 1st International Contracting Conference and Exhibition along with Saudi Contractors Authority and our partners Messe Frankfurt Middle East,” stated Hadi Al-Harith, CEO of ACE Exhibitions.

“This event will serve the purpose of enhancing the building and construction industry and the regulating the contracting sector for better performance in the completion of major government initiatives like the Neom City, Red Sea Project, Abraj Kudai, Qiddiya, Riyadh Metro, King Abdullah Economic City, King Abdul Aziz International Airport and Haramian High Speed Railway to name a few.

“The accompanying conference will enable knowledge exchange, discussing new ideas and technologies and provide networking opportunities in developing the contracting sector,” Al-Harith commented.

Other supporting sponsors at the 1^st ICCE include Pearl Partners AlKifah Ready-mix and blocks, Al-Rashid Trading & Contacting Company, Arail Construction and Industrial Company, Mohammed Ali Al Swailem Group (MASCO), and Projacs.  TexoFib is on-board as Prime Exhibitor.

The two-day summit features an expert panel of more than 35 speakers. Hot topics on the agenda include Saudi’s mega project updates and initiatives related to Vision 2030, innovations in contracting sector, and human development & capacity building.  More information about the 1^st ICCE is available at: www.icce-ksa.com.

About the Saudi Contractors Authority

The Saudi Contractors Authority (SCA) is a new authority responsible for regulating the contractor industry in the Kingdom of Saudi Arabia and increasing the amount of mergers and acquisitions within the Kingdom.

The SCA works to address labour issues, draft rules for the industry, publish industry data and supply statistics to the Government.

The SCA aims to be a pioneer in creating a well-rounded work environment within the contracting industry, to increase the capacity of already-owned resources and facilitate communication between industry stakeholders to support and strengthen the Saudi economy.

The formation of the SCA is an initiative in line with the vision of Custodian of the Two Holy Mosques King Salman and the Vision 2030.

Background information on Messe Frankfurt

Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With more than 2,400 employees at 30 locations, the company generates annual sales of around €669 million. Thanks to its far-reaching ties with the relevant sectors and to its international sales network, the Group looks after the business interests of its customers effectively. A comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).

For more information, please visit our website at:

www.messefrankfurt.com | www.congressfrankfurt.de | www.festhalle.de

About Messe Frankfurt Middle East

Messe Frankfurt Middle East’s portfolio of 16 exhibitions includes Automechanika Dubai, Automechanika Jeddah, Automechanika Riyadh, Beautyworld Middle East, Beautyworld Saudi Arabia, Hardware + Tools Middle East, Intersec, Intersec Saudi Arabia, Leatherworld Middle East, Light Middle East, Materials Handling Middle East, Materials Handling Saudi Arabia, Middle East Cleaning Technology Week, Paperworld Middle East, Prolight + Sound Middle East, SPS Automation Middle East, The subsidiary also organises a series of conferences and seminars including the Worker Health Protection Conference, the Business in Beauty Summit, Think Light, and the International Conference on Future Mobility. For more information, please visit our website at www.messefrankfurtme.com

*Source: AETOSWire

Latest development results in Intelenet Global Services consolidating Middle East presence

DUBAI, United Arab Emirates & AMMAN, Jordan & MUMBAI, India--(BUSINESS WIRE/AETOSWire)-- Intelenet® Global Services, a renowned global Business Process Services player announced that the company has set up a center in Jordan with the inauguration of its latest global delivery center. The state-of-the-art center with a capacity of 200 seats will help the company expand its operations across all sectors and provide low cost Arabic delivery location based on emerging client demands.

Intelenet has four centers in the Middle-East catering to clients across travel, logistics, telecom, financial services and public sectors with cost optimal BPS service offerings in English and Arabic. The setting up of Jordan center is a stepping stone which will allow Intelenet to provide hybrid onshore and offshore delivery locations. The center is in the process of expanding to a 500-seater facility and will be a pivotal center for driving growth in the GCC region.

Piety Gonsalves, Managing Director – Middle East, Intelenet Global Services said, “Jordan is a strategic low cost nearshore delivery location for us and this center underscores our intent to grow aggressively in this region leveraging local talent. We see significant opportunities to grow across sectors. With this strategic presence in Amman, our continuous endeavor is towards operational excellence and delivering customer satisfaction by providing digital transformation based new age innovations,”

Intelenet® has a global footprint with presence in eight countries, with a combined strength of 40+ service centers and 55000 employees to meet the growing requirements of businesses from various corners of the world in multiple languages.

Source: AETOSWire