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Telecom Analytics: Carriers plan more investments in analytic tools

Communications service providers are being compelled to consider revamping their operating models and adopting new transformational technologies to survive and thrive, according to survey results recently released by Accenture. The firm believes that new analytic tools can help telecom operators meet their current challenges.

Accenture’s report, entitled “Evolutionary Trends in the Operations of CSP Networks,” surveyed executives from 30 communication and media companies. The results confirmed that new technology introductions, quality issues and cost pressures are among the key drivers forcing CSPs to shift toward more accurate models for controlling network planning and enhancing quality of service.

Paolo Sidoti, global managing director of Accenture’s Network Business Services group, said that a challenging global economic climate, combined with reduced consumer spending for telecommunication services, is driving a rapid decline in traditional voice- and text-based revenue. Sidoti said that while data traffic continues to rise, data revenue is growing at a slower rate. He also pointed out that over-the-top services are continuing to put pressure on carriers’ overall revenue.

All of the survey respondents planned to invest in network analytics tools, and 53% cited customer experience improvements as the most important reason. These tools are typically used to analyze network data alarms, performance measures, trouble tickets and customer churn due to dropped calls.

More results:

  • Ninety-three percent of the CSP executives surveyed identified the need for new or improved tools to plan, design and track traffic on broadband or cable networks.
  • Thirty-three percent said they needed to revamp the tools used for broadband deployment significantly.
  • Seventy-five percent of wireless operators and integrated service providers plan to implement LTE technology.
  • Seventy-seven percent said managing the quality of services is the biggest challenge in today’s communications environment, especially in a shared network environment.

 

 

 

In fact, Accenture selected what it calls “design for analytics” as one of the top IT trends this year in its Technology Vision 2013 report. According to Accenture, design for analytics is about asking the right questions first and designing for the answers. “Creating valuable insights from data is about getting the right data. Adopting a data-first mentality requires the foresight to generate data from new sources or objects, and better instrument applications to plug your data gaps,” the company stated.

What else is happening in the market:

The RCR Wireless News telecom analytics series provides weekly insights on trends, new products and other topics that touch on the advantages and  monetization opportunities of analytics tools for telecom operators, including big databusiness intelligencecustomer experience analysis and management, business analytics and network analytics.

ABOUT AUTHOR

Roberta Prescott
Roberta Prescott
Editor, [email protected] Roberta Prescott is responsible for Latin America reporting news and analysis, interviewing key stakeholders. Roberta has worked as an IT and telecommunication journalist since March 2005, when she started as a reporter with InformationWeek Brasil magazine and its website IT Web. In July 2006, Prescott was promoted to be the editor-in-chief, and, beyond the magazine and website, was in charge for all ICT products, such as IT events and CIO awards. In mid-2010, she was promoted to the position of executive editor, with responsibility for all the editorial products and content of IT Mídia. Prescott has worked as a journalist since 1998 and has three journalism prizes. In 2009, she won, along with InformationWeek Brasil team, the press prize 11th Prêmio Imprensa Embratel. In 2008, she won the 7th Unisys Journalism Prize and in 2006 was the editor-in-chief when InformationWeek Brasil won the 20th media award Prêmio Veículos de Comunicação. She graduated in Journalism by the Pontifícia Universidade Católica de Campinas, has done specialization in journalism at the Universidad de Navarra (Spain, 2003) and Master in Journalism at IICS – Universidad de Navarra (Brazil, 2010) and MBA – Executive Education at the Getulio Vargas Foundation.