Top 20 Telecom Companies - 2017
Before the emergence of the Internet and data networks, telecommunications had a simple and clear meaning: allowing people from distant locations to communicate by voice through a telephone. Today, however, the dynamics of telecommunications have changed drastically and so has the industry. With a growing market and increasing competition, service quality and customer-centricity have emerged as the two most vital factors of differentiation for companies in the telecom sector.
With the evolution of smartphones, IoT has become a key area where the telecom domain witnesses umpteen opportunities. Global telecom operators are utilizing IoT to monitor cell towers remotely as well as predict and prevent failures before a breakdown occurs. 2017 holds heavy prospects for network carriers to invest in this area. Additionally, 2017 is also witnessing an enormous spark around 5G networks. While 5G standards have not yet been fully defined, carriers are proceeding with lab and field trials to establish basic connectivity elements and mark its presence in the race.
As carriers seek to remain competitive, operations is one area that is ripe for improvement. Network operators are expected to shift their hardware-based network equipment to software-based network functions with technologies such as software defined networking and network function virtualization. This shift should allow them to manage their networks more efficiently and effectively, and be more responsive to changes in consumer preferences.
Over the last few months, a distinguished panel comprising CEOs, CIOs, VCs, and analysts including CIOReview editorial board has reviewed the top technology companies that provide inventive tools and services to modernize the telecommunications industry.
In this edition of CIOReview, we present you “20 Most Promising Technology Solution Providers for Telecom Industry 2017,” featuring the best-of-breed technology companies that unravel the next generation of telecommunications.