Experts and executives at telecommunication companies are aware that their industry is on the verge of disruption. Telecom companies are trying hard to survive the continuously changing trends in the industry. This article will give you insights in in the telecom industry which providers need to keep an eye on.
IoT (Internet of Things):
IoT has been successfully established, and it has started gaining attention all over the industry. The scope of IoT is way beyond our expectations. The IoT will become a whole connecting point that connects our activities and things. Like from our home to our car and house to the workplace. All the industries have started to realise the potential of IoS. Telecom industries are no different; they seem keenly aware of its potential. As per the report, they have begun inventing more on pursuing IoT infrastructure, is one such example in the market to think more about the IOTs.
Telecom industry is spending around $111 million on IoS technology. Creating the foundation for IoS cannot be done just like that, building the infrastructure will indeed be part of the transition. A considerable amount of M2M information will require swiftness and security. However, the majority of it will be mobile, raising commitments to 5G and secure carrier-grade WiFi networks. However, telecom industries will also be offering services, and capitalising data from IoT device.
Telecommunication providers need to face immense challenges in cloud computing. In spite of the difficulties, one factor which keeps them driving towards cloud computing is the enormous amount of opportunity in front of them. They can very well make use of cloud computing to deliver higher quality enterprise IT services at an affordable rate than on-premise solutions with higher flexibility and more scalability.
If you look in the perspective of consumer side, there is a massive opportunity for telecom providers to offer more cloud-based services that are updated and purchased anywhere and are highly accessible. For instance, if cloud computing comes hand in hand with telecom, traditional set-top boxes (STBs) can finally be made out of your way. Cable and DVR services that live in the cloud will possibly occupy the place of STB. It will tremendously reduce costs for the cable providers by eradicating the requirement for on-site installations. Indeed they will also reduce the cost of manufacturing and engineering new STBs.
At the beginning of the article, special mention about the role of IoT in telecom was discussed. However, this will not be possible without the help of constant broadband connectivity. WiFi plays a vital role in wireless connectivity for short distances. Using WiFi for transmission is faster than the 4G LTE, and it can handle bandwidth-hogging services like videos for a very minimal cost. As per a survey of WiFi industry, WiFi devices in the next era will have the better reliability as cellular, as its carrier-grade.
The demands of IoT on top of our desire for streaming video will devastate 4G LTE. It is because a survey states that over 3.25 Billion hours of videos watched on YouTube every month will rise dramatically shortly. They also expect that around 20.8 billion devices are poised for wiring to the internet by 2020 with superior connectivity and unprecedented speed demand.
The future generation 5G is supposed to be about ten times faster than existing 4G, with download speeds of around 10 GBPS. 5G is still under development and will take time to reach people. It won’t be available to people until 2020, so hopefully, WiFi will help fill in the people desire until then.