Yahoo Finance Ericsson's (ERIC) Vonage Announces Partnership With Singtel
Ericsson’s ERIC subsidiary Vonage recently collaborated with Singtel to aid businesses across the globe to accelerate and drive digital transformation.
Vonage specializes in providing cloud communications solutions and is headquartered in New Jersey. The integration of Singapore-based Singtel’s orchestration platform, Paragon, and Vonage's API platform will provide a thriving ecosystem of communications, network and edge APIs to enterprises, telcos and developers globally. This will aid them in delivering a secure customer experience while boosting the digitalization of their business operations.
Singtel Paragon is an advanced solution that allows enterprises to safely and quickly deploy their edge computing applications and services on the telco’s infrastructure through a 5G network connection.
The collaboration will facilitate the Vonage API platform to publish Paragon APIs. This will result in customers of Vonage as well as enterprise clients of all “paragon-enabled” telco companies in leveraging primary capabilities of their networks and edge, including network slicing, connectivity management, multi-cloud management, edge computing and advanced network services.
Telecommunication companies from Singapore, Thailand, Spain, Taiwan and Indonesia, having access to the Paragon platform, are able to integrate Vonage and Paragon APIs into a globally merged telco and edge API library. These APIs are utilized by independent software vendors, enterprises and developers across the globe to provide high-speed digital services. It also facilitates scaling over hybrid networks, hybrid edge and public cloud infrastructures across numerous markets.
Enterprises can access Vonage APIs in the Paragon platform marketplace which is Singtel’s app store for multi-network, multi-cloud enterprise solutions.
Further, advanced network capabilities such as Quality on Demand, slicing and “credential-less authentication” are anticipated to be available for preview beginning in the fourth quarter of this year. These capabilities support cutting-edge solutions, optimize application performance and meet customer expectations.
Singtel is a leading provider of a robust range of services, which include mobile, broadband and TV for retail consumers and a portfolio of data hosting, cloud, network infrastructure, workforce mobility solutions, analytics and cyber security capabilities for business enterprises. With over 760 million mobile customers in 21 countries and more than 428 direct points of presence in 362 cities, it has a presence across Asia, Australia and Africa.
Based in Stockholm, Sweden, Ericsson is a leading provider of communication networks, telecom services and support solutions.
The stock has lost 4% over the past year against the industry's growth of 14.1%.
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