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The Role of Interconnectivity in the Global Telecom Landscape
Interconnectivity is pretty much the glue fueling many of today’s technology trends, enabling M2M communications, facilitating the Internet of Things (IoT) and powering a new breed of communications and collaboration solutions. With a growing number of people, things, processes and services requiring interconnectivity for work, entertainment and many of life’s basic necessities, telcos and service providers are under increased pressure to provide consistently high levels of service and availability.
A recent blog post from VoIP Innovations (News - Alert), a company that specializes in wholesale VoIP solutions and their role in the larger world of communications and technology, discusses the increasingly important role of interconnectivity throughout the communications sector. And not only is reliable interconnectivity an essential part of telecom success, but the way connectivity is evolving is equally important to retaining market share, whether it be fixed line, mobile or wireless networking services.
“Thanks to the central role of communications in many IoT deployments, how companies create value is often a function of the interaction between sensor technology and the network layer,” states a recent research report from Deloitte. That interconnectivity requirement is causing major telco companies like AT&T (News - Alert) and Verizon to improve their networking practices, whether it be through an increasingly software-defined approach, network functions virtualization (NFV) or through innovative IoT products.
With research suggesting that anywhere from 20 to 30 billion objects are set to be Internet-enabled by 2020, telcos and service providers certainly have their work cut out for them. Not only are they under pressure to innovate and facilitate unprecedented amounts of interconnectivity, they need to do it as efficiently and economically as possible, all while providing consistently high levels of service and availability.
Very simply put, telecom companies must transform their business models to keep up with the pace of interconnectivity. It doesn’t make sense to cling to legacy business practices while customers and partners are embracing the cloud, IoT and interconnectivity. Those telcos and service providers that understand the major role of interconnectivity and work to innovate and develop around connected people, objects and services, will be able to successfully navigate the leap to the next generation of communications solutions and services.
Edited by Alicia Young