Telecommunications service providers are on a journey to evolve their networks. Inspired by the flexibility their enterprise customers achieve through cloud technology, this journey is headed toward new value-added services that require ultra-low latency of the network and high broadband capacity. The motor driving this change is the expectation of billions of connected Internet of Things (IoT) devices serving our businesses and private lives.
Along this journey, telecom service providers need to achieve operational expenditure (OPEX) reductions. This means that Software Defined Networking (SDN) technology and optimized and effective physical equipment are crucial.
With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?
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