With the advent of the Internet of Things continuing to saturate the enterprise and consumer worlds, the Telecommunications industry stands at the junction of new revenue streams and new trials brought by this revolution of connectivity.
The fact is that IoT use cases in Telecom are going to flourish anyway – the only question is how large a role in this new business order will go to CSPs. Basically, there are three things that CSPs can do right when embarking on the IoT initiatives.
The first one is to capitalize on their infrastructures to provide tailored consumer applications, wide-area IoT solutions, and managed services. If you use Extensity as an exceedingly multipurpose IoT cloud platform, any Operator can enter a particular business vertical with its own IoT solutions. Exclusively positioned with unlimited access to network infrastructure, CSPs can provide better performance, wider scale, and – tapping into vast pools of user data – much better usability than the competition.
Another prospect for CSPs is to open up new revenue streams by providing edge computing infrastructure for OTT service providers and application developers. Enabling cloud capabilities for network hardware such as modems, IP DSLMs, CMTSs or base stations will allow Operators to offer their infrastructure as a valuable service from which consumer behavior patterns can be extracted and acted upon. This is where Extensity, as an enterprise cloud-native platform, can streamline to assist growth.
Finally, an incredible opportunity consists of minimizing Telco’s operational cost by applying IoT technology for software-defined networking and network function virtualization.
- IoT as a Service
- Wide connectivity options
- Service Integration
- Asset Management & Monitoring
- Indoor Navigation
- Application Enablement for Legacy Devices