STOCK TITAN

Singtel and Broadcom Partner to Bring Seamless Connectivity and Edge Computing to Mission-Critical Applications

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Singtel and VMware, in partnership with Broadcom Inc., set up a Joint Innovation Lab to help enterprises manage connectivity and cloud infrastructure through Singtel Paragon, an orchestration platform for 5G and edge cloud. The collaboration aims to enable rapid deployment of mission-critical applications for smart cities, telemedicine, and automated factories without redesigning existing applications.
Positive
  • None.
Negative
  • None.

The collaboration between Singtel and VMware, under Broadcom's umbrella, marks a significant advancement in the telecommunications industry. The integration of Singtel's 5G capabilities with VMware's virtualization and cloud computing expertise is poised to enhance network efficiency and application performance, particularly in sectors where real-time data processing is crucial. The establishment of a Joint Innovation Lab is indicative of a strategic move to foster innovation and accelerate the adoption of 5G and edge cloud services.

From a business perspective, this partnership could potentially lead to increased customer retention and revenue growth for Singtel, as the Paragon platform becomes more robust and appealing to enterprises requiring advanced network solutions. Additionally, this could enhance Broadcom's competitive positioning in the software-defined networking market. The focus on smart cities, telemedicine and automated factories aligns with global digital transformation trends, which are driving demand for high-speed, reliable connectivity.

The partnership leverages VMware's advanced virtualization and cloud computing technologies to create a seamless integration with Singtel's 5G network. This is a clear indication that the Infrastructure as a Service (IaaS) and Container as a Service (CaaS) models are becoming increasingly vital for businesses operating at the edge. The ability for enterprises to rapidly deploy and manage applications without the need for redesign signifies a reduction in development costs and time to market, which are critical factors for maintaining competitive advantage.

Moreover, the emphasis on network programmability and software-defined edge technologies suggests that enterprises will have more flexibility and control over their network resources, enabling dynamic and on-demand connectivity that is tailored to specific application needs. This could lead to more efficient use of network resources and potentially lower operational expenses.

The strategic partnership between Singtel, VMware and Broadcom is likely to have a positive impact on their respective stock valuations, as it aligns with the growing demand for 5G and edge computing solutions. The creation of the Joint Innovation Lab is a forward-thinking investment that could lead to the development of new revenue streams for all parties involved. For investors, the key takeaway is the potential for long-term growth as these companies capitalize on the expansion of the 5G infrastructure and the increasing importance of edge computing in various industries.

However, it is important to monitor the implementation and customer adoption rates of the Paragon platform and related services. Success in these areas will be critical in determining the actual financial impact of the partnership. Stakeholders should also consider the competitive landscape and the possibility of similar strategic alliances forming, which could influence market dynamics and the future profitability of the companies involved.

Joint Innovation Lab Set Up to Help Customers Build and Test Applications

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Mobile World Congress 2024 -- Singtel and VMware, recently acquired by Broadcom Inc., are partnering to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry’s first all-in-one orchestration platform for 5G and edge cloud.

The ultra-low latency, high reliability and network slicing capabilities of Singtel 5G, combined with VMware advanced virtualisation, cloud computing and software-defined edge technologies, allows enterprises to rapidly deploy and manage mission-critical applications. This is especially advantageous to businesses operating in the smart cities and telemedicine domains, as well as those operating automated factories, where network and application proximity is critical to real-time, high-performance operations.

Through the partnership, enterprises using applications and services leveraging the VMware Edge Cloud Orchestrator will be able to quickly tap onto Singtel 5G without having to redesign their applications.

In support of the partnership, Singtel and Broadcom will establish a Joint Innovation Lab. The lab will bring together 5G and edge-native application design experts, alongside commercial model specialists, to ensure enterprises can seamlessly onboard their VMware-based applications to Paragon. Going forward, the Lab aims to catalyse innovation by facilitating the development and testing process for new applications, thus fast-tracking time to market.

Mr. Bill Chang, CEO of Singtel’s Digital InfraCo, said, “Singtel’s priority is to make the benefits of 5G and MEC accessible to all enterprises, through innovations such as our patented Paragon platform. The positive industry reception and adoption of Paragon across various markets is affirmation of its effectiveness, and our collaboration with VMware, and now Broadcom, will allow us to extend Paragon’s benefits to its growing list of telco partners and enterprise customers. We will continue to expand the Paragon ecosystem, bringing on board more platforms and solution providers, to pave the way for digitalization at scale.”

Mr. Sanjay Uppal, Vice President and General Manager, Software-Defined Edge Division, Broadcom, said, “Singtel and Broadcom are combining our expertise in 5G, cloud infrastructure and software-defined edge to deliver an end-to-end MEC solution that will help enterprises accelerate adoption of 5G technology at the edge. Together with Singtel, we’re delivering Infrastructure as a Service and Container as a Service offerings to help enterprises power their edge-native applications. We share a mutual vision in the importance of network programmability at the software-defined edge to enable workloads to express their intent to the network, allowing dynamic and on-demand connectivity with the lowest latency.”

Enterprises who are keen to co-create 5G solutions on VMware by Broadcom software with Singtel can contact Singtel at s-5gtrials@singtel.com.

About Singtel
Singtel is Asia's leading communications technology group, providing a portfolio of services from next- generation communication, 5G and technology services to infotainment to both consumers and businesses. The Group has presence in Asia, Australia and Africa and reaches over 760 million mobile customers in 21 countries. Its infrastructure and technology services for businesses span 21 countries, with more than 428 direct points of presence in 362 cities.

For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For businesses, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber security capabilities. Singtel is dedicated to continuous innovation, harnessing technology to create new and exciting customer experiences and shape a more sustainable, digital future.

For more information, visit www.singtel.com.
Follow us on Twitter / X at @SingtelNews.

About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom's category-leading product portfolio serves critical markets including cloud, data centre, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

Media Contacts:

Singtel
Chua Hian Hou
Director, Group Strategic Communications and Brand
Mobile: +65 96907482
Email: hianhou.chua@singtel.com

Nicolette Michael
Manager, Group Strategic Communications and Brand
Mobile: +65 82186069
Email: nicolette.michael@singtel.com

Broadcom
Anubha Pandey
APJ Communications Lead, Broadcom
Email: anubha.pandey@broadcom.com   


FAQ

What is the purpose of the Joint Innovation Lab established by Singtel and Broadcom?

The purpose of the Joint Innovation Lab is to bring together experts in 5G and edge-native application design to facilitate the seamless onboarding of VMware-based applications to Singtel Paragon.

How will enterprises benefit from the partnership between Singtel, VMware, and Broadcom?

Enterprises will be able to deploy and manage mission-critical applications quickly without the need to redesign their applications, leveraging the capabilities of Singtel 5G and VMware advanced technologies.

What industries will benefit from the collaboration between Singtel, VMware, and Broadcom?

Industries such as smart cities, telemedicine, and automated factories will benefit from the partnership by enabling real-time, high-performance operations through network and application proximity.

How can enterprises interested in co-creating 5G solutions with Singtel and Broadcom get in touch?

Enterprises keen on co-creating 5G solutions can contact Singtel at s-5gtrials@singtel.com to explore opportunities with Singtel, VMware, and Broadcom.

Broadcom Inc.

NASDAQ:AVGO

AVGO Rankings

AVGO Latest News

AVGO Stock Data

603.89B
405.03M
2.04%
80.44%
1.18%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
PALO ALTO

About AVGO

Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcoms product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets.