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Cloud & Automation: Changing CSPs’ OpEx outlook
The core voice and data business for Telecom operators has become increasingly commoditized, with growth slowing despite heavy capital investments to keep pace with new technologies and network upgrades.
Telcos are exploring revenue opportunities beyond connectivity by harnessing their prized asset—extensive data reservoirs. Many of them have found success by driving their efforts through digital marketplaces.
Telcos have large datasets with a broad range of customer data. The advantage is growing as data volumes continue to increase exponentially. With 5G adoption, the average mobile data usage per smartphone is projected to increase from 21 GB in 2023 to 56 GB in 2029 globally. The expansion of the connected devices market, with 55.7 billion IoT devices estimated by 2025, is further enriching telco data. As data volume and variety grow, new revenue streams open up for telcos by harnessing data intelligently.
Learn how digital marketplaces create new value and enable telcos to co-create innovative solutions, emphasizing the importance of a robust platform for successful data monetization in a digital marketplace.
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