demand – Asia Tab

NEC Launches North American Innovation Hub for Open RAN

September 28, 2022

TOKYO, Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has created a North American 5G innovation unit in New Providence, New Jersey, to expand product development and cater to the growing global demand for Open RAN solutions. The new entity, NEC Advanced Networks, was born out of the company's recent acquisition of Blue Danube Systems, Inc., and provides a critical base of operations for the company's product innovations and solutions delivery activities.NEC Advanced Networks is led by Rahul Chandra, a longtime technology and business development leader in the telecommunications industry. "We know that the demand for Open RAN-compliant networks and solutions is going to continue growing," Chandra said. "We have aggressive plans to deliver Open RAN solutions all over the world - and bulking up our presence in North America helps customers by increasing our footprint in the Western Hemisphere and expanding our reach by leveraging the robust talent pool at our disposal."Using the former Blue Danube resources to create a center of innovation and product development is an important advancement as NEC continues its push for Open RAN 5G solutions built on multi-vendor ecosystems. NEC Advanced Networks will drive developments in the Radio Unit business, at first, with a focus on spectrum optimization and AI/ML-based massive MIMO products. These are areas of significant expertise within the existing team. This hub expands NEC's capabilities and will be a focal point for future expansion as the market matures.Chandra continued, "Adding resources in the Eastern US helps us serve our customers better and work closely with our ecosystem partners. It also provides us a stable platform to build from as demand for Open RAN-compliant products and solutions grows exponentially over the coming years."Mayuko Tatewaki, NEC's senior vice president for 5G strategy and business, said, "NEC aims to be a global leader in Open RAN 5G and we've recently made significant progress, building off several important project wins with Tier 1 operators in Europe, including key achievements with Orange and VMO2."Tatewaki continued, "As the Open RAN market rapidly grows, we need to expand our presence to achieve global goals. The industry shift to Open RAN is a large undertaking - given our focus on providing solutions and system integration services, creating a home base for Open RAN 5G resources in the US will help us better serve the global market."About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

Malaysia Witnesses 31% YoY Hiring Growth

July 15, 2022

Retail and Tourism roles drive high demand: Monster Employment Index Overall hiring improved by 31 per cent on a year-on-year basis Retail led with triple-digit growth of 321% annually in the Malaysian job market Demand for professionals across Hospitality and Travel roles surged as tourism bounces back in the country KUALA LUMPUR, MALAYSIA, July 15, 2022 - (ACN Newswire via SEAPRWire.com) - The Malaysian job market has recorded a 31% growth in job demand this June indicating a spree in hiring activity on an annual basis. A number of segments hit hardest by Covid-19 have shown promising signs of resurgence, as per the Monster Employment Index (MEI). An upsurge of 15% was registered for hiring activity over the last six months, while month-on-month growth improved at 5% projecting a continuous demand in the job market. Despite two years of restriction on public activities, rising prices, and the current labour crisis, the retail industry in Malaysia has moved towards recovery with a 321% year-on-year growth in job activity in June 2022. Moreover, retail sales in the country are projected to grow at the rate of 25.7% in the current quarter as per Malaysian retail associations. While the country has seen a number of retail closures over the pandemic, consumer sentiments soar high showcasing a positive outlook for this segment in the months to come. Commenting on job trends for June 2022, Sekhar Garisa, CEO, Monster.com - APAC & Gulf said, "Companies today are ramping up their demand for a digital-first future-ready workforce amidst the ongoing talent crunch we see globally. Jobs in Malaysia have come back and several industries have begun to almost reflect pre-pandemic business functioning with steadfast recovery especially across deeply impacted segments like Tourism, Hospitality, and Retail. With flexible work arrangements gaining popularity in the job market, we are optimistic to see continued growth and resilience in the coming months." Following retail, the Hospitality segment (up 65 percent) has also seen a huge inflow of demand for professionals in tourism and travel related industries with the user penetration rate nearing the pre-pandemic levels. With improved business sentiments and airline travel ramping up, tourism in the country has certainly picked up accompanied by the consequent rise in demand for skilled talent. Logistic, Courier/ Freight/ Transportation, Shipping/ Marine (up 51 percent) also noted a huge jump in hiring activity being next in the rung, followed by rapid digitization in BFSI (up 32 percent). Other sectors that noted promising growth in June include Production/Manufacturing, Automotive and Ancillary (up 4 percent), IT, Telecom/ISP, BPO/ITES (up 5 percent), Advertising, Market Research, Public Relations, Media and Entertainment (up 16 percent) and Engineering, Construction and Real Estate (up 19 percent). Across roles, the Malaysian job market exhibited maximum demand for professionals in Hospitality & Travel (up 162 percent) driven by travel resumption from neighbouring countries coupled with strong domestic tourism. Interestingly, all 9 functions monitored by the Index saw positive growth over the course of June 2022 projecting a great demand influx for the market. Given the impressive performance of retail, roles in Customer Service (up 79 percent) increased, followed by Software, Hardware, Telecom (up 58 percent). Finance & Accounts (up 52 percent) and Sales & Business Development (up 41 percent) also observed a rise. The Monster Employment Index is a broad monthly analysis of online job posting activity conducted by Monster India. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. Period for the report The period considered for the MEI data is 1st to 30th June 2022. About Monster APAC & Middle East Monster (a Quess Company), the leading online career and recruitment resource, with its cutting-edge technology provides relevant profiles to employers and jobs to jobseekers across industry verticals, experience levels, and geographies. More than 200 million people have registered on the Monster Worldwide network. Today, with operations in more than 40 countries, Monster provides the widest and most sophisticated job seeking, career management, recruitment, and talent management capabilities globally. Monster continues its pioneering work of transforming the recruiting industry with advanced technology using intelligent digital, social and mobile solutions, and a vast array of products and services. To learn more about Monster in APAC & Gulf, visit: www.monsterindia.com | www.monstergulf.com | www.monster.com.sg | www.monster.com.my | www.monster.com.ph | www.monster.com.hk Contact: Yatharth Sharma yatharth.sharma@monsterindia.com Silky Sharma silky.sharma@adfactorspr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)