Big Data and Analytics in telecom used to study the large volume of data in order to process them in a way to take better decision. Telecom companies generate a huge amount of data which can be processed to know user behaviours. Though big data possess huge monetizing potential stringent regulations regarding data security limits its use. The Big Data analytics in Telecommunication is expected to grow in the market owing to growing fraudulent activities in telecom Sectors and rise in demand for Quality of Services.This growth is primarily driven by Big Data Helps Improve Quality of Services by Enabling Enterprises Take Better Decision, Massive Growth of Data, Growing Use of Big Data in Identifying Fraudulent Activities in Telecom Sector and Emergence of IOT (Internet of Things).
Globally, a noticeable market trend is evident Rising Demand for Agile Data Analytics
. Major Players, such as Accenture (Ireland), Cisco Systems (United States), Informatica (United States), SAS Institute (United States), Microsoft Corp. (United States), Google Inc. (United States), Hewlett-Packard Co. (United States), EMC Corp. (United States), IBM Corp. (United States), Oracle Corp. (United States), Teradata Corp. (United States), Amazon Web Services, Inc. (United States), Latentview (United States), Indix (United States), Analytic-Edge (United States), Tookitaki (Sinagpore), Splunk Inc. (United States), Couchbase Inc. (United States) and Cloudera, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In February 2019, Intracom S.A. Telecom Solutions announced today the introduction of its new Point-to-MultiPoint (PtMP) MW radio, WiBAS micro-BS for corporate and residential connectivity. The Intracom S.A. Telecom Solutions is a global telecommunication system and solutions which has set the benchmark in fixed wireless access and it innovates in the backhaul, 5G/4G wireless fronthaul and small-cell SON backhaul international arena. Intracom Telecom offers solutions as revenue-generating software solutions and ICT services which focus on IoT, SDN/NFV, Big Data analytics & data-driven intelligence and Smart City solutions.
According to U.S. Federal Regulation “Big data is done through a variety of statutes. To fully appreciate privacy in the United States it is important to note there is no one unified federal privacy law. Rather, privacy regulations come in the form of separate statutes and agency regulations. Some of the most well-known privacy laws are Health Insurance Portability and Accountability Act of 1996, commonly referred to as HIPPA. This statute protects patient information and controls the type of patient data that can be released. HIPPA pre-dates the big data movement (although it has been updated as late as 2013 in the Omnibus bill), and because of that the data in big data is restricted to conform to HIPPA regulations.”
- Big Data Helps Improve Quality of Services by Enabling Enterprises Take Better Decision
- Massive Growth of Data
- Growing Use of Big Data in Identifying Fraudulent Activities in Telecom Sector
- Emergence of IOT (Internet of Things)
- Rising Demand for Agile Data Analytics
- Constant Access to Ad-Hoc Queries
- Stringent Regulations Regarding Security and Privacy of Data
- Lack of Awareness of the Benefits of Big Data Solutions and Services
Emergence of 5G Technology and Big Data Solutions Enhancing Organizational Return on Investment
Lack of Effective Strategy Regarding Big Data Application Among Enterprises and Integration of All Necessary Data Sources
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Against this Challenging Backdrop, Big Data and Analytics in Telecom Study Sheds Light on
The Big Data and Analytics in Telecom Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Big Data and Analytics in Telecom industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Big Data and Analytics in Telecom industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.