Red Hat highlights NFV, open telco, and cloud for telcos at next week’s OpenStack Summit

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!

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The future is open – is your business at risk?

Have you ever experienced buyer’s remorse? Maybe you bought something significant on a whim like a new car or the latest cool gadget, without thinking it completely through, and a few days or weeks later you wonder why you now own something that doesn’t really deliver what you were expecting.

These same experiences can occur in the service provider and telecommunications industries. There’s a lot of hype around the latest technologies saving money, increasing revenues, and expanding wallet share with customers.  Meanwhile, are service providers really getting the business benefits they expect from these technologies? As consumers, most of us don’t even think much about these challenges. Instead, we’re focused on finding improvements for our lives and economic well-being by searching for choice both in the goods and services that we consume, and in how we consume them.

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Red Hat expands partner program to support telco-class offerings

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.

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Red Hat Summit insider’s look at instant payment processing, European style.

In late 2017, SIA (Societá Interbancaria per l’Automazione) launched a new digital platform that lets people in 34 countries across Europe transfer and receive sums of up to €15,000 per individual transaction in seconds, 24 hours a day, every day of the year. It’s a system that can process 27 million payments daily, with an average round trip of 20 milliseconds and a 99.999% availability, and you can hear all about it at this year’s Red Hat Summit, May 8 – 10 at San Francisco’s Moscone Center.

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Nordea, Barclays, and more to headline financial services breakout session at Red Hat Summit

As you plan your schedule at Red Hat Summit, May 8 – 10 at San Francisco’s Moscone Center, we hope you’ll make time to join us for a special financial services industry session from 2:30 – 5:00 p.m. on Tuesday, May 8, in room 2012. The session, entitled “How cloud, APIs, and automation are changing financial services in a digital world,” will feature talks from some of our top FSI customers including Nordea and Barclays. Following these presentations, all these companies will be joined by the Bank of Montreal for a panel discussion moderated by Gabriele Columbro, Executive Director FINOS, Fintech Open Source Foundation. We’ll cap things off with a Financial Services Happy Hour from 5:00 – 6:30 p.m.

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Red Hat Summit Telecom Industry Session; Customer Panel

Open source has come a long way since Red Hat took its first steps 25 years ago. Our upstream first philosophy has been the driving force for all the projects to which Red Hat contribute, and because of this we’ve decided to feature a telecom industry session with the theme, “The Future of Telco is Open.” This session is intended for all users of open source technologies in the telecommunications industry, including, but not limited to, independent software vendors, hardware manufacturers, and customers.

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Join Us: IT automation for financial services organizations

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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Telecom Italia talks production-ready NFV at Red Hat Summit

Telcos around the world are investing in virtual networking to digitally transform legacy infrastructure and gain efficiencies, deliver new services, meet evolving customer demands, and outperform the competition. Telecom Italia is no different. And at Red Hat Summit, May 8 -10 in San Francisco, the Italian telecommunications company will share its network functions virtualization (NFV) story.

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Red Hat Joins the Fintech Open Source Foundation (FINOS)

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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Payment platforms, IT automation, security, cloud, digital transformation and more, financial services topics shine at Red Hat Summit 2018

Every year at Red Hat Summit, there are plenty of opportunities to hear customers’ stories, attend insightful keynotes and sessions, and network with industry experts, colleagues, fellow business people, and Red Hat and its partners. This year, if you work in financial services, we’ve got a particularly exciting line-up. At Red Hat Summit, May 8 – 10 at San Francisco’s famed Moscone Center, we’re covering payments platforms, business and IT automation, agile development, security, cloud, containers, virtualization, digital transformation and more.

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