The global data center market is projected to expand at a compound annual growth rate (CAGR) of 10.1%, reaching a value of USD 622.4 billion by 2030. One of the primary factors driving this growth is the rapid surge in data generation. The increasing demand for mobile, social media, analytics, and cloud services worldwide has significantly boosted the need for data centers. The explosion in social media usage, in particular, has fueled the development of new facilities to store the vast amounts
telecom (5)
Here’s why Telecom billing & Revenue Management making trend in the Industry. In this era of digitalization, telecom businesses are facing several challenges. The augmented demand for Telecom Billing & Revenue Management is largely due to the accelerated growth of the telecommunication sector. As there is a growing customer base, as well as the implementation of advanced services, is generating a huge burden on the present debit charging system. This may result in a drop in the quality of servi
Revenue assurance is used both to identify an operation conducted within telecommunications service providers and is a common term for a similar small business unit. Revenue assurance is a proactive solution to potential or real issues with under-performance activities, most often related to billing and revenue collection.
A specialized revenue assurance department may undertake some of the procedures associated with identifying, rectifying, or preventing errors, although responsibility for reven
The telecommunications industry is said to be reaching a turning point. Although revenues do not collapse, there is a significant slowdown in growth. Despite no emphasis on the implementation of innovative technologies, the bulk of communication service providers (CSPs) rely on the same established business and experience high consumer retention rates.
Application programming interfaces (APIs) have been used as a way to disclose various forms of data and resources and to enable diverse structures
The rapid growth in the usage of smartphones and other connected mobile devices has caused a spurt in the amount of data that flows through telecom operator networks. The operators must process, store, and extract information from the available data. By helping to optimize network use and services, improve customer experience, and improve security, Big Data analytics will help them increase productivity.
Research has shown that telecom companies have significant potential to benefit from Big Data
