Tuesday, 25 September 2018

Building a Business Model for a Better Connected World

By Jayne Garfitt, Total Telecom in Barcelona
Thursday 05 March 15

As MWC paints a picture of an increasingly digitalized world, it is not just networks which require transformation. Old business models which are no longer producing revenue for operators also need to be thrown out and replaced with new, innovative models. But what do these look like?

According to the visionaries attending this year’s Mobile World Congress, everything is become digital. Whether wearables, kitchen appliances, factory equipment, education, hospitals or cars, nothing will escape the next industrial revolution of digitalization. Over the first three days of the show, how this should be addressed by the operators’ networks has been covered in intricate detail, with 5G, SDN, NFV and cloud technologies just a few innovations showcased by those exhibiting.    It is important to remember, though, that this is just one part of operators’ concerns. The evolution of communications from voice and SMS to multimedia formats like video has already cost them dearly, with more and more of their customers moving towards OTT services. For the next disruption, then, operators need to learn new ways of doing business to ensure their profits don&rsquo…

According to the visionaries attending this year’s Mobile World Congress, everything is become digital. Whether wearables, kitchen appliances, factory equipment, education, hospitals or cars, nothing will escape the next industrial revolution of digitalization. Over the first three days of the show, how this should be addressed by the operators’ networks has been covered in intricate detail, with 5G, SDN, NFV and cloud technologies just a few innovations showcased by those exhibiting.    It is important to remember, though, that this is just one part of operators’ concerns. The evolution of communications from voice and SMS to multimedia formats like video has already cost them dearly, with more and more of their customers moving towards OTT services. For the next disruption, then, operators need to learn new ways of doing business to ensure their profits don&rsquo…

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