• 5G drives Ericsson in third quarter

    Underlying business fundamentals remaining strong in North America, driven by consolidation in the US operator market pending spectrum auctions, and increased demand for 5G overall have contributed to a strong third quarter for Ericsson.

    In the three-month period ended 30 September 2020, the Swedish comms tech firm posted overall revenues of SEK 57.5bn ($6.5bn), inching up 1% on a yearly basis and 3% quarterly.

    Adjusted for comparable units and currency increased by 7% on an annual basis, mainly driven by 5G sales in Mainland China. Q3 2020 saw the company turn around a SEK 4.2bn operating loss into operating income

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  • Pace of digital transformation accelerates

    There is growing evidence that the pace of digital transformation is accelerating. New studies point to the coronavirus crisis acting as a catalyst to remove manual and inefficient processes. There is also evidence that some businesses are keen to adopt emerging technologies to rethink traditional business processes.

    A global survey of 700 CIOs in large enterprises with over 1,000 employees, conducted by Vanson Bourne and commissioned by Dynatrace, found that over the past 12 months, the majority of CIOs (89%) say their digital transformation has accelerated, and 58% say it will continue to speed up.

    Dell’s latest Digital Transformation Index

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  • Hackney Council services to be disrupted ‘for some time’

    Key Hackney Council services remain unavailable a week after its systems were hit by a cyber attack and are likely to remain “disrupted for some time”, potentially leaving tenants of rented accommodation at risk of eviction and homelessness.

    The attack, which is being probed by the National Cyber Security Centre and the Information Commissioner’s Office, began on or around 13 October.

    The precise nature of the incident has not been disclosed – ostensibly to avoid assisting the attackers further – but it bears the hallmarks of a ransomware attack.

    In its most recent statement, Hackney Council said: “Council staff are

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