Nowadays, telecommunications companies are forced to compete with the changes that have taken place in the market. It includes the emergence of new competitors; competition with wireless networks; business phone systems, VoIP cable companies; IPTV; the influence of the Internet and OTT, etc.
The network operators have accelerated the transition to digital formats based on IP technology, low latency, better standardization, and now even with virtualization of network functions. Any transmission company that wants to continue to use only its technology risks significantly lagging behind its competitors.
There are many powerful incentives for companies to use the latest and best of their solutions. Telecommunications providers must build, buy, or partner with technology improvements or subscription solutions. However, here are the following essential technologies that every telecommunications company needs to develop:
Increase in Cloud Space
Cloud technology has already become a huge business for many companies, and telecommunications firms play an important role in the development of cloud services, data centers, and regular communications. Today, operators want to build more hybrid clouds, where businesses can mix private and public cloud services; the scenario of the social internet of things. Firewalls and security solutions are also important. Any ideas related to improving data center productivity and saving energy are also welcome.
The most competitive telecommunication companies need to offer are network speed and high bandwidth as every customer craves it. Investment in upgrading communications networks are fiber optic, 5Gupdates, or other networking technologies that are essential for survival in a more dynamic and competitive environment.
Each successful telecommunications company will lay in the infrastructure sufficiently flexible technologies to implement new and profitable monetization opportunities. network enhancements will also help companies seize the technological edge from competitors.
Remote infrastructure has evolved over the past decade, moving along the OSI network model stack. Arising as a simple lease of space in peer-to-peer counters, it reached the level of infrastructure as a service (IaaS) when users could rent virtual machines while managing their operating systems, software, and file storage. The IaaS system was truly revolutionary, and companies like Amazon Web Services LLC revolutionized prices by becoming startups.
The next step was the platform as a service (PaaS) and software as a service (SaaS). Thanks to SaaS, users get a complete software solution, accessible from any computer with a simple browser or mobile application.
This innovative solution covers billions of box office sales, and today we are. However, telecommunications companies are now turning their attention to XaaS. In other words, it could be communication-aaS, network-aaS, disaster recovery-aaS, healthcare-aaS.
IT departments of various companies use virtualization to reduce costs, increase reliability and flexibility in their corporate networks. Today, telecommunications companies take on these great ideas and virtualize their telecommunications networks. Solutions that were previously offered as independent specialized functional blocks from level 1 manufacturers today switched to virtual machines implemented as programs on more powerful equipment.
The virtualization of network functions will allow operators to gain greater flexibility and weaken the link to one provider, providing a great opportunity to experiment with new services and quickly determine their profitability. Costs are reduced in terms of finance, time and risk.
The result will be increased collaboration between many suppliers and related industries, large and small. Virtualization also provides operators with the flexibility they need to agree on partnerships for implementing best-in-class solutions, as well as the ability to quickly launch these solutions.
4G and 5G
Telecommunications companies are very interested in knowing the capabilities of the upcoming 5G standards, as well as ensuring that their future needs, i.e. SDN, are included in the standards. This creates a number of difficulties, since the clear concept of SDN has not yet been developed, and NFV is only taking its first steps in commercial applications.
At the same time, wireless operators are not only concerned about technologies offering 4-5G solutions, such as IoT availability, low power radio communications, low latency, MIMO, CA, LTE-U, VoLTE, etc. Companies are more interested in which new opportunities for receiving money can bring them new functions, and that OTP will first choose from it.
Smart telecommunications companies will strive to be at the forefront of the use of digital technology, both in the service sector and in the back office. For example, all contact details of customers and sales channels (Internet, mobile and local) must be combined so that consumer actions are stored in a single database, which makes interaction with customers on all channels less expensive in terms of time spent and resources.
This will also enhance customers’ convenience and fulfill their needs. ideally, communication with customers will be shifted to messaging systems and well-developed mobile applications, with minimal human intervention. In order to reach this stage, it may be necessary to develop new capabilities, including data analysis, to form accurate segmentation and generate maximum returns from each client. There will be a revision of traditional corporate IT functions towards customer-oriented digital technologies.
There are a number of issues with the Internet of Things (IoT) like device type, battery life, signal strength, network, device management, OSS/BSS, business models, etc But at the same time, there are also great opportunities for businessmen, which answer the requests of telecommunication companies. Telecommunications need help connecting cars, equipment, and sensors to a full-blown system.
Today, telecommunications companies are unusually smart. The current business environment requires companies to have clear competitive advantages with a focus on these customer benefits. These companies control huge amounts of money and significantly complete the phone and data installations.
In addition, these companies are offering apps and streaming content to consumers directly over the internet have increased their dominance, even in basic communications services such as text and voice messaging.
It further helps to improve wealth and opportunities for partnerships with small firms. For enterprises and manufacturers today, the question arises of the advisability of cooperation with a small company. It all depends on you, but it will be much better if you focus on one of the five in the technology described above.