While many things slowed down for businesses during the pandemic, digital transformation was not one of them. A McKinsey Global Survey of executives finds, for example, that companies accelerated the digitization of their customer and supply-chain interactions by three to four years and the share of digital or digitally enabled products by an astonishing seven years.
Taking into consideration data management, data science, and data visualisation; when augmented analytics is adopted, processes are streamlined for increased productivity, improved accuracy, and faster insights.
The Japanese digital heavyweight Rakuten has sold 13% share, worth $2.2 billion to new investors to bolster its balance sheet and to finance more aggressive mobile rollout.
The telecoms industry has been instrumental in underpinning the fast growth and high penetration of mobile internet services and providing critical connectivity during the COVID-19 pandemic. New network technology advancements will expand the service monetisation opportunities for service providers beyond connectivity provision and will accelerate growth compared to the past.
In a recent interview BT CEO Philip Jansen offered some insights into his thinking about the near-term strategy for the UK telecoms group.
The most profound change in global supply chains in the coming years will be digitalisation, and as such companies that embrace IoT solutions will find themselves ahead of the competition.
Telecom providers and their partner companies aren’t entirely synchronized all the time, especially for customer device trade-ins or sales.
UK telecoms group BT reckons there might be something in this digital transformation thing, so it’s setting up a special silo to focus on it.
In the final pod of a remarkable year the guys get straight into appropriately dystopian subject matter. They start by looking at plans for 6G to create a hive mind that anticipates your every need, before moving on to mulling how sensible it is to move all your technology into the public cloud and concluding with the US government’s absurd attempt to sue Facebook for being too successful.
Global spending on digital transformation (DX) between 2020 and 2023 is expected to total a whopping $6.8 trillion, as business adapts to ‘the new normal’.
While there’s no doubt that AWS and Toyota may enjoy some success going it alone, there are several reasons why telecoms service providers can play an integral role in the building of these mobility services platforms.
It’s easy to say transformation and it’s relatively easy to understand. However, like most of the good things in life including the high-end clothing brands, it doesn’t come cheap.
Analyst firm Analysys Mason reckons the telecoms industry will return to modest growth from 2021, but it will take three years for the industry revenue to come back to the pre-COVID-19 level.
The biggest driver of this transformation was the need to stay relevant in the minds of the digital consumer – to react to impulse and meet expectations every time.
The industry professionals participating in Telecoms.com’s annual industry survey have shown plenty of resilience and optimism in a year overshadowed by COVID-19.
As we move towards the end of an unprecedented year, we are delighted to share with you the results of our prestigious Annual Industry Survey in this special report.
There are four success criteria to deploying dual business model transformation projects.
The pandemic has highlighted the strength of digital pure play technology, able to offer a steady source of revenue and convenient, touchless experience for the customer.
Two major telecoms industry associations have decided to align their API standards to ensure they remain open and widely interoperable.
With COVID-19 forcing the majority of staff in many companies to work remotely for months on end, there is huge pressure on IT and network professionals to assure all corporate business and collaboration applications run as they should to meet employee and customer needs and expectations. Embracing digital innovation and leveraging cloud capabilities has become even more critical to address today’s new business demands.
Enterprises are looking to shore up the game by equipping themselves with intelligent, secure and more reliable network connections that meets their requirements. SD-WAN (“software-defined wide area network”) is the leading solution nowadays for this. While enterprises could choose to build their own SD-WAN by combining equipment, software and access technology by themselves, a growing number of organizations are turning to a more flexible and efficient solution: to buy the service from communications service providers (CSPs) as a “network as a service” (NaaS) solution.
The Telecoms Data Imperative - The COVID Effect on the Pace of Change to Digital Transformation https://t.co/kUL3FG7PdO #4GLTE #5G
19 April 2021 @ 14:23:04 UTC
The challenges satellite Internet must address for take off https://t.co/UPXPq31Ckp #Satellite #coverage
19 April 2021 @ 14:01:02 UTC
The @telecoms podcast is back in the studio! With vendor diversity, @Huawei and the @virginmedia / @O2 merger. Watc hhttps://t.co/EMITz3NwsR
19 April 2021 @ 13:46:17 UTC
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