The New Value Engine for Telecom BSS Solution
Advancement of technology has changed the need of the hour. With new enterprise needs, Telecom Business Support System has shaped a plethora of businesses.
According to a market report published by Transparency Market Research “Telecom Enterprise Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2023,” the global telecom enterprise services market in terms of revenue was valued at US$174.7 bn in 2018 and is forecasted to only grow coming years.
Growth of micro, small and medium enterprises (MSMEs) across the world and high industrial activity driving telecom enterprise services are the key factors driving the growth of the telecom enterprise services market. In addition, more investments, economic growth, and an increase in worldwide enterprise IT spending across verticals are further expected to drive the growth of this market over the forecast period. While the global telecom enterprise services market was earlier dominated by the voice segment with a market share of 34% in 2015, the Data Service segment is expected to witness the fastest growth during the forecast period till 2023.
Enterprises of today times are faced with three challenges: delivering flexibility, managing new requirements complexity efficiently, and optimally servicing their installed base.
With the expansion of cloud-based solutions and Artificial intelligence, managing data and complex networks has become more addressable with smarter solutions.
According to a market report published by Transparency Market Research the global Telecom Enterprise Services Market is on course to surpass the US$ 583 Bn mark by the end of 2030.
This has led to Telcos looking for Solution Providers and Partners that can help them retain their Enterprises and offer Value Added Services simply beyond deploying box-based Technical Architecture.
Are Digital Telecom Solutions Changing Business Operations?
At present corporations around the world have invested huge sums of money in optimizing their network architecture and applications. Enterprises through this achieve more agility that allows them to operate more efficiently.
Enterprises offering various products like POS, KIOSKS, ATMs, and integrated Custom applications on Tablets / Smart Phones are wary of misuse of Data Traffic.
Fully automated services have now compelled businesses to protect and add firewalls to their systems. Telcos today are now able to provide smart and effective solutions for such challenging requirements.
Tomorrow with Digital Telecom BSS Solution
Through BSS, technology has reached a point of infinite possibilities. This has enabled aggressive transformation for product and service sellers.
Mobile operators are exploring additional revenue growth by providing connectivity for IoT / M2M deployments. The revenue per device is very small but the volume of devices is growing at such a tremendous rate that there is a notable impact on revenue. 6D has helped one such large European MVNE Operator. 6D deployed a Multi-Tenant Customer hierarchy, Multi geography, and Multi-Currency, Connection Management Platform that caters to multiple use cases like Energy Metering, Vehicle Tracking, Asset Tracking, and other Industry 4.0 use cases.
With such innovation, demand-driven Digital Transformation Solutions will create an impact on technology.
6d has deployed its Comprehensive Enterprise Gateway and Cloud Telephony Platform to cater to traditional Voice, USSD, MMS, WAP, and SMS based services.
6D Technologies is committed to continuously come up with smart and unique ideas and deliver them with consistency and persistence. Stay tuned!
If you are interested in gathering more information about the digital BSS platform for telecom to uplift standards of telecom enterprise services, contact us.