How Communications Service Providers can Transform their Mobile Network Economics.
The continued explosion of smart mobile devices for connected users with increasing appetite for connectivity, is resulting in a surge in mobile data traffic worldwide. Service providers coping with such growth need to find new ways to monetize their network investments and develop new business models with OTT providers and Enterprise services.
According to Cisco’s latest Mobile Visual Networking Index (VNI) report, the volume of mobile data traffic will expand by another seven times over the next four years, reaching nearly 12 billion mobile devices and connections and generating 49 exabytes of mobile traffic by 2021.
With a more diverse range of Radio Access technologies, with those capable of 1 Gbps and ultra-low latency of 1 millisecond (ms), 5G will complement or even supplement, broadband connectivity and change the end user experience. The average traffic per 5G connection, for instance, will be 5x relative to 4G connections.
While 4G has been driven by device proliferation and broader connectivity, 5G will mostly be driven by IoT. The fast approaching 5G transition is changing the future of content, distribution and the ways in which mobile consumers engage. With the content delivery shifting to 5G powered mobile wireless devices and with control over the content, it is important for operators to upgrade their network to be able to handle the massive growth in traffic and deliver content and services with low latency.
As the industry’s only 100% S/W End-to-End Cloud Native solutions provider, Mavenir will share strategies to transform mobile network economics by:
•Embracing disruptive and innovative technology and business models
•Driving service agility, flexibility, and velocity
•Driving NFV evolution to achieve web-scale economics
•Offering solutions to increase/protect revenue & reduce costs
The Communication Service Provider must adapt to the technology changing the economics of the network and look at cost reduction and revenue generations strategies.