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Trends that will Shape the Future of Telecom Industry

Trends that will Shape the Future of Telecom Industry

October 11, 2018 6:42 am by wordpressadmin

In the 90s’ and the early 2000s’, we all were habituated to telephone booths. But, do we see them today as often as yesterday? No, because with time telecommunication industry has evolved and become progressive. Its tech trends such as consumer-driven data consumption, propelled video streaming and emerging reality apps like Pokémon GO that has ascended and compelled the network providers to face disruption. Stronger encryptions are practiced as organizations, law makers and users are increasingly concerned about the safety and privacy of their infrastructure and data.

Trends that will Shape the Future of Telecom Industry

Trends that will Shape the Future of Telecom Industry

Telecommunication industry experts at Quantzig have stated that, as infrastructure improvements to both mobile and broadband technologies continue, the global telecommunication sector will continue its transformation process in the upcoming year as well. Embracing all these changes well, telecom industry has become one of the strong drivers owing to the progress of lot of countries. They have come up with some game-changing trends:Unleashing the power of 5G: Telstra has introduced its 5G network across Perth, Adelaide and Canberra, along with Telco initiating its 5G partnership with Ericsson. It’s anticipated that this Swedish giant will supply its hardware and software networking solutions for the deployment. Telstra claims of 50 base live stations across its 5G network; however, no commercial devices are employing it.Cloud computing: Telecom industry is under the impression of bringing more flexible, scalable and higher quality enterprise IT services with reduced cost compared to on-premise solutions. To bring that into reality, China’s Huawei which is regarded as the world’s largest telecom-equipment maker, declared that for the first time it will sell servers powered by own chips, in an effort to fuel its cloud computing business. Hisilicon, Huawei’s semiconductor arm manufactures chips that are used in smartphones and telecom equipment but servers that are sold to cloud computing and telecom companies’ clients incorporate Intel chips.AI and advanced analytics: Guavus leads in providing AI-based analytics solution, especially communications services providers (CSPs). It’s the only vendor of 16 profiled to have solutions across different verticals including Marketing, Networking, Customer Care and Security Operations. The published report from Guavus for its products consists key areas of CSP operations which includeLive Ops: It’s a kind of adaptive analytics to correlate separate data sources, to analyze, identify and comprehend customer impacting processes in real time and afterwards recommend steps to repair.Security Intelligence: Detecting anomalous behavior automatically, to exhibit security analysts where threats are imminent, without false information.Smart Care: Add-on existing customer care systems and recommends resolutions with help of advanced predictive algorithms and AI.Driving lean initiatives for higher earnings and increased productivity gains are preferred by most of the telecom operators. Measures have been taken in direction of higher revenue generation. Though, key players of market are already operating at high levels of productivity. However, they need further alterations in cost structures with incorporation of machine learning and automation to obtain optimized results.

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