Effective January 1, 2024, FedEx Express package and freight standard list rates for U.S., U.S. export, and U.S. import services, and FedEx Ground standard list rates will increase an average of 5.9%.
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Zero Knowledge Proofs (ZKPs) will move the industry toward the fully digital NaaS ecosystem that represents the future of telecom. ZKPs help eliminate billing errors, validate that all orders are optimized, and generate significant operational efficiencies and savings for all parties.
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Service outages and the service level agreement disputes they trigger are frequent sources of headaches for carriers of all types and sizes. MEF and its member companies are well down the path to automated SLA credit calculations and mutual endorsement within a secure, public telecom blockchain environment. There is extreme value to be had for both buyers and sellers through timely SLA enforcement, namely in the form of productivity gains and improved user experience.
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MEF in partnership with SIB’s telecom and blockchain division, is piloting a revolutionary blockchain-based subscription service for automating the SLA reporting process. This pilot is derived from the MEF Wolf Town Accelerator that uses a member-defined open pre-standard smart contract in the roles of buyer and seller respectively.
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Six experts share their insights on how CFOs can reduce operating costs in today’s economy. Get the guide to learn their best advice for saving on energy, IT/telecom, shipping, waste management, and more — while also boosting profitability and building value
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You’ve no doubt heard the hype about blockchain. But unless you’re in the one percent of the world’s largest telecommunications carriers big enough to stand up and maintain private blockchain solutions between yourself and your largest trading partners and customers, the reality of distributed ledger technology has always seemed a long way off.
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Unfortunately, that’s not the way ordering has ever worked in telecom. As a result, a staggering 70%+ of telecom invoices contain errors!
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The parcel carrier landscape has evolved significantly over the past several years. While national, household-name carriers continue to hold court over the market, new players and technologies are adding some much-needed choice to the logistics industry.
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Companies often view their property taxes as inevitable and fixed expense. But the reality is that property values and property tax rates are highly variable processes, and that variability almost always benefits the government, not your business.
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Organizations today have major inefficiencies in their telecom networks. Understanding what is on the network and how it should be charged is very complex, and as a result, organizations are paying millions of dollars more than they need to on their bills. There has been an awakening to this fact due to the desire to transform and modernize networks.
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Are you losing sleep at night over the safety of your business bank? The recent collapse of Silicon Valley Bank (SVB) has left countless CFOs and treasury service managers reevaluating their risk exposure. But there’s a silver lining to be found if you view SVB’s story as a cautionary tale. From the ashes of SVB’s demise emerge critical lessons for safeguarding your organization’s financial future.
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As inflation reaches new heights, the organizational imperative to reduce costs is growing. With an eye toward the future, forward-thinking executives will go beyond cost-cutting initiatives to rethink spend. One area ripe for such a strategic approach is telecom.
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