Stop for a moment and look around. Practically everything you do—every daily process or task—has been redefined by one simple thing: interconnectivity.
Today, for example, we’re seeing self-operating vehicles that can autonomously park, navigate and change lanes. We’re seeing homeowners who can self-regulate their utility usage via smart home solutions. We’re seeing digital disruptors across every industry capitalizing on today’s sophisticated networking, computing, and processing capabilities. Overall, today’s top research firms unanimously suggest that some 20 to 30 billion objects will be internet-enabled by 2020. The world today looks almost unrecognizable compared to 30, 20, or even 10 years ago thanks to the ever-growing state of connectivity.
People, processes, and services are now more dynamically connected than ever, and this means a lot for telecommunications companies that wish to thrive today. Needless to say, it’s imperative that these companies (which specialize in providing fixed, mobile and/or wireless networking services) pay attention to how interconnectivity has been evolving.
We think a recent report from Deloitte puts it best: “Thanks to the central role of communications in many IoT deployments, how companies create value is often a function of the interaction between sensor technology and the network layer.” This is exactly why today’s largest telco providers, like Verizon and AT&T, are constantly battling to surpass network benchmarks, improve their various network devices, and innovate with new IoT products.
At the end of the day, telco providers are responsible for linking telecommunications networks so that customers of one network can seamlessly communicate with customers of another. This is no small feat in today’s ever-advancing world. Telecommunications companies must actively capitalize on today’s evolving ecosystem to improve agility, data integrity and, most importantly, the customer experience. Telco providers that fail to keep up with today’s rapidly changing state of interconnectivity will unfortunately fail to understand their customers’ needs—and that certainly won’t fare well for them.
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