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Digital companies ask Mexico to soften its stance on taxation
Facebook, Google, Twitter, Mercado Libre and Airbnb, among other of the 12 firms that make up the Internet Latin American Association (ALAI), asked Mexican authorities for more time to comply with the new rules of the 2020 Tax Package. They consider it necessary to have 12 months instead of one, as proposed in the fiscal miscellaneous, because that took time in Europe, especially in France, where in last July there were able to establish a 3% tax of the income of digital economy business. With more time, they believe, they can prevent being turned off and even a general digital outage, which can have an esteemed economic impact of US $ 323 million per day, equivalent to 0.03% of the country´s GDP. For those who do not pay the 16% VAT rate in Mexico of those who do not register to tax authorities, there will be administrative sanctions, such as the suspension of the connection with public telecommunications network in Mexico. In addition, the names of the non-complying will be published in the blacklist of faulty taxpayers of the Tax Administration Service (SAT) and in the Federation´s Official Journal, so that recipients of their services in national territory abstain from hiring them in the future.   Source:https://www.reuters.com/places/mexico
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AT&T, Axtel, Telmex renew 3.5 GHz rights in Mexico
As Mexico prepares for the 5G era, three domestic players have reportedly renewed legacy spectrum rights covering the 5G-suitable 3.5GHz band. According to El Economista, the Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones, IFT) has permitted AT&T Mexico, Axtel and Telmex to renew longstanding 50MHz nationwide WiMAX concessions, each of which will run for 20 years, starting on 1 January 2020. All three players are required to relinquish parts of their current 3.4GHz frequency allocation by year-end, however, to ensure a fairer spectrum distribution. As per the report, Axtel will now operate spectrum in the 3500MHz-3550MHz range and will relinquish frequencies in the 3425MHz-3450MHz and 3525MHz-3550MHz bands. Meanwhile, Telmex has transferred 3550MHz-3575MHz spectrum to AT&T, in exchange for 3475MHz-3500MHz frequencies.   Source:https://www.telegeography.com/
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AI,digital marketing,design thinking among top skills to ensure future growth:Survey
Organisations have been lamenting about the technology skill gap in the country for long. No wonder a whopping 78% companies accepted that further learning and skilling opportunities for employees are instrumental in boosting organisational performance Technology skills such as Artificial Intelligence/Machine Learning (AI/ML), digital marketing and design thinking will be important to drive the future growth, finds a survey by ed-tech firm Great Learning. The analysis of 307 corporates (ranging from small and medium enterprises (SMEs) to large corporate) focussed on finding out top skills that organisations will need to drive future performance and how they may plan to bridge the impending skill deficit among their ranks. As per the survey, 25 per cent of all companies believe AI/ML are the most crucial skills needed to ensure an organisation's future growth. Digital marketing emerged second with 19 per cent finding it most crucial. It was followed by design thinking, which 10 per cent of companies indicated as most important. Besides, skills related to Internet of Things (IoT), robotic process automation (RPA) and natural language processing/generation (NLP/NLG) each garnered around 5 per cent votes. Organisations have been lamenting about the technology skill gap in the country for long. No wonder a whopping 78 per cent companies accepted that further learning and skilling opportunities for employees are instrumental in boosting organisational performance. Over 40 per cent companies said that they were looking to bridge the tech talent gap by upskilling their current workforce, while 37 per cent are using hiring to make up for the demand and supply gap. Interestingly, 22 per cent companies are hoping to beat the talent gap by outsourcing these roles. Hari Krishnan Nair, Co-founder, Great Learning said, "Skilled employees will continue to be the biggest asset for any organisation going ahead and while options like lateral hiring and outsourcing may help in the short-term, from a cost and effectiveness point of view, upskilling is the best way to stay competitive in the long run." In spite of the increased awareness around upskilling, the survey found out that 47 per cent companies do not have assigned budgets for upskilling their workforce. The rest of 53 per cent said that they have done it for tech upskilling.   When it comes to the size of upskilling budgets, close to 30 per cent organisations spend more than Rs 1 lakh per employee per annum on upskilling. In fact, around 14 per cent (43 companies) spend more than Rs 3 lakh per employee per annum for tech upskilling.   Around 50 per cent companies said that their tech upskilling programmes are either entirely or partially driven and funded by the company. Another 22 per cent said that these were driven by employees but either partially or fully reimbursed by the company. However, in 27 per cent of the cases, upskilling programmes were entirely up to the employee to drive and fund.     Source: https://www.businesstoday.in/sectors/jobs/ai-digital-marketing-design-thinking-among-top-skills-to-ensure-future-growth-survey/story/386162.html
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AI will boost labor productivity in Mexico up to +6.4%
A study conducted by the consulting firm DuckerFrontier and commissioned by Microsoft Latin America, in a simulation of maximum adoption of Artificial Intelligence technology in the next 10 years, reveals that Mexico could increase its GDP growth rate from current projections of 2.4% average annual growth until 2030, to levels ranging from 4.6% to 6.4%. Brad Smith, President of Microsoft, pointed out that technology can be a force multiplier that helps generate solutions to some of the biggest challenges facing our world today. In terms of professions, highly qualified jobs could increase by 67% over the next decade. In six of the seven largest sectors that were analyzed (Public Sector, Business Services, Commerce, Hospitality and Tourism, Construction, Manufacturing, Mining, Agriculture and Utilities), demand for highly skilled jobs could increase, where business services would require 8.9 million additional highly skilled workers (221% more jobs or the equivalent in working hours); manufacturing, 1.8 million (92%); and construction, 1 million (157%). Some of the benefits of implementing AI in the country are that there will be better jobs, greater growth, and better profits. The jobs that will emerge from this technology are freelance car coaches, new generation architects, facial recreation specialist and data analyst of the Internet of things. However, the challenges that the Mexican market will have to face are some points such as ensuring access to quality education for all, training all workers and ensuring access to cutting-edge technologies by all companies. To define whether Mexico can achieve this additional annual growth by developing AI and maximizing the cascade of effects, DuckerFrontier developed the so-called AI Readiness Index, which is a measure that crosses the AI Development and Dissemination variables, and unites all factors related to implementation and its conditions (e.g., related policies, innovation environment, technology ecosystem and cybersecurity, human capital) with another equally important axis, called IA Benefit Sharing. According to the AI Readiness Index, Mexico is in a strong position to accelerate the adoption of AI and to meet human capital needs. However, it also runs the risk of not making these benefits equitable for all of society because of its relatively weaker position with respect to its ability to guarantee equal access to higher education and new technologies for all population groups, regardless of income, gender or location. Although Mexico has the opportunity to improve in the area of Participation of IA benefits, its position in the area of development and diffusion of IA among Latin American countries indicates that it is the second country best prepared to face the impact of IA on the economy.     Source:https://www.duckerfrontier.com/
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Video Management Software Market Worth $4.79 Billion by 2025
The global video management software market size is expected to reach USD 4.79 billion by 2025, growing at a CAGR of 18.8% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The growing adoption of video surveillance and monitoring software for applications such as facility protection, traffic management, and cross-border activities is the key driver contributing to the market growth. The software is majorly used for the unified management of multimedia content including collection & storage, playback, and streaming IP-based VMS is anticipated to emerge as the fastest-growing segment over the forecast period owing to the increasing demand for IP-based VMS by the government as well as corporates as part of video surveillance projects The market is anticipated to witness significant growth owing to increasing awareness of the benefits offered by VMS and growing investments in city surveillance as part of the smart city projects. Moreover, the increasing adoption of High Efficiency Video Coding (HEVC), also known as H.265 video compression standard, coupled with the rising trend of integrating VMS with emerging technologies such as built-in intelligence and deep learning for video analytics is expected to boost the video management software market growth. A unified VMS enables customers to merge analog and IP videos and offers a cost-effective approach to businesses for expanding and improving their surveillance capabilities. VMS can be integrated with multiple digital cameras depending on the requirements of the customer. With the growing adoption of Closed-Circuit Television (CCTV) cameras and Internet Protocol (IP) network cameras in the security and surveillance market, the demand for VMS is also anticipated to witness significant growth over the forecast period. The software enables customers to enhance situational awareness and monitoring capabilities. High resolution videos and imagery can also be used by government law enforcement agencies to identify, track, and arrest criminals. The cloud segment is anticipated to gain traction owing to the increased use of cloud by companies for offering Video Surveillance as a Service (VSaaS) for applications such as recording, flexible storage, and remote access & viewing as well as for enhanced cybersecurity solutions Video analytics is expected to witness the highest growth over the forecast period due to the increasing deployment of intelligent video surveillance systems by the government and enterprises The government segment is expected to grow at the highest CAGR from 2019 to 2025. Numerous smart city initiatives along with multiple infrastructure development projects to support increasing urbanization are anticipated to fuel the demand for VMS market Key players operating in the VMS market include AxxonSoft, Inc.; Qognify Inc.; Milestone Systems; Exacq Technologies, Inc.; Identiv, Inc.; Verint Systems; Magal Security Systems Ltd.; Genetec Inc.; Panasonic Corporation; Salient Systems Corporation; and March Networks.   Source: https://www.grandviewresearch.com/

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