TECH SUPPLIER Sep 2019 - Market Perspective - Doc # US44158319
The Evolving Telco Cloud
This IDC Market Perspective discusses market developments related to telco cloud and underscores numerous opportunities ahead for key stakeholders as they navigate this evolving marketplace. Telco cloud is foundational to building a software-defined virtualized end-to-end network that will enable telcos to compete in today's rapidly changing market conditions. It can bring about significant benefits including:
- Drive new revenue streams.
- Reduce operational expense to become more price competitive.
- React quickly to an ever-changing environment.
- Enhance flexibility in addressing needs of a diverse and dynamic customer base.
"Telco cloud will evolve both in scale and scope to host virtualized network services spanning the edge, core, and cloud deployments. Achieving a fully open and distributed architecture will require further developments in orchestration to achieve multivendor interoperability," says Ghassan Abdo, research VP, Worldwide Telecom. "Ultimately resolving interoperability across communications service providers will be the key enabler to end-to-end global services and development of a marketplace for VNFs."