Telecom goes beyond connectivity, nearly 25% of revenue will come from new business models in the coming years, Telecom News, ET Telecom

New Delhi: As May 17 is celebrated as World Telecommunications Day, it wouldn’t be wrong to say that telecommunications and information technology have been one of the pillars on which the world has been able to navigate the pandemic of Covid.

In recent years, telecommunications has clearly gone beyond providing person-to-person connectivity, in addition to successfully adding layers around it to contribute in a more meaningful way.

Today, public health companies are leveraging emerging technologies such as artificial intelligence, machine learning, and geographic information system to help government and health agencies manage and monitor the spread of the virus. .

Gaurav Vasu, Founder and CEO of UnearthInsights, a consulting firm for businesses on technology and people issues, says: “The telecommunications industry’s contribution to the pandemic has been monumental where the telecommunications operator has created IoT and sensor-based tracking technology for immunization companies for digital tracking of vaccine supply chains in real time. Companies also connected citizens with verified supplies of drugs, oxygen, plasma, etc. and also allowed the reservation of vaccination slots. ”

Experts believe that the efforts of major telecom players not only helped the government and citizens during the Covid era, but also helped them test the possibility of creating content, AI / IoT devices, and solutions for them. business for the future, which should generate 15% to 25%. % revenue over next 5 years from pools beyond connectivity in content, enterprise solutions and AI / IoT devices.

While enabling the ecosystem for society during the pandemic, telecom companies have also invested in their operations to strengthen their capabilities to deliver for the future.

Amit Marwah, Head of Marketing and General Affairs, Nokia India, says: “There has been a paradigm shift in the way companies are embracing digital technology in verticals, thanks to technologies such as IoT, automation, AI / ML and the cloud.We implemented private the Nokia factory in Chennai, which saw reduced working time and improved efficiency with 86 percent of reduction in lead times and savings of 31,000 man-hours.

Today, many large companies are looking to take advantage of Industry 4.0 because it gives them a competitive advantage and a smooth path to move towards 5G to meet the most difficult use cases as they grow. occur. “

With the recently announced 5G trials, India is guaranteed to be on the 5G card soon. It will be another leap forward for telecommunications to move above fair connectivity, be more efficient and play a bigger and meaningful role in society.

5G requires a more strategically placed tower infrastructure. This opens up the market for advanced spatial analysis tools. ”

Agendra Kumar, Managing Director of Esri India, predicts that geospatial infrastructure will emerge as the backbone of this transformation in the telecommunications industry, driving key decisions such as where to build, expand and upgrade the ‘network infrastructure, where new revenue opportunities are found or identify unreached areas for digital inclusion. .

He says, “As we prepare for the next generation of 5G and FTTx services, the role of the Geographic Information System (GIS) becomes even more critical in maximizing the value of the communications network for businesses, communities and the community. society.”

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