Telecommunication
To stay competitive in market, the telecom industry is focused to undergo a digital transformation. Their services need to be customer-centric, improve efficiency, and add high-value margins.
-
Over the past few years, the industry had witnessed a heavy decline of revenue streams in core areas like voice and text messaging along with severe competition from Over-the-Top service providers.
-
To stay competitive, the telecom industry is focused to undergo a digital transformation. They are leveraging technologies such as Mobile Edge Computing (MEC), IoT, and 5G.
-
Their services need to be customer-centric, improve efficiency, and add high-value margins by gradually moving from traditional services.
The modern-day telecom industry is facing a broad landscape of significant business challenges.
How the Telecom Industry is Leveraging Digital Transformation?
-
Telecom industries are going under massive structural change. They are turning their customer channels, content, and communication services digital, resulting in a whole new ecosystem of value, interconnected market, and technology shift.
-
The providers are trying to adopt high-performing networks to provide what customers need and want in this digital era. Here are the top 8 technological trends that are causing a dramatic change in the telecom industry.
-
5G network – The network of Today and Tomorrow
-
WiFi 6
-
Artificial Intelligence
-
Internet of Things
-
Big Data
-
RPA
-
Cloud Computing
-
Cyber Security
-