Napster and Ericsson announced today a global partnership to offer the first complete, fully integrated digital music service available for mobile operators. The service will carry the universally known Napster brand and combine elements of Napster�s popular PC offering and Ericsson�s personalized music service, currently utilized by more mobile operators than any other in the world. The Napster and Ericsson business model accommodates mobile operator participation in all revenue streams. The service is scheduled to go live in Europe over the next 12 months and will initially be offered to operators in select markets in Europe, Asia, Latin America and North America. The new service will support coordinated wireless and PC downloading of digital music in both subscription and a la carte models, and phone-based initiation will ensure convenient and easy music library access for both mobile and PC usage. The service scales to current handset models and networks but can also accommodate next-generation technology for newer handsets on higher-speed networks and is designed to work on mobile phones from all major manufacturers that support content protected by digital rights management.
The growing need for real-time, localized artificial intelligence (AI) processing power drives demand for Generative AI (GenAI) solutions on public cloud edge computing platforms. Worldwide spending on edge computing is forecast to reach $232 billion in 2024 -- that's an increase of 15.4 percent over 2023, according to the latest market study by International Data Corporation (IDC). Combined enterprise and service provider spending across hardware, software, professional services, and provisioned services for edge solutions will sustain strong growth through 2027 when spending is forecast to reach nearly $350 billion. Edge Computing Market Development IDC defines edge as the information and communications technology (ICT) related actions performed outside of the centralized data center, where edge computing is the intermediary between the connected endpoints and the core enterprise IT environment. Characteristically, edge computing is distributed, software-defined, and flexible. T