With the world becoming increasingly decentralized and much more localized and collaborative, the main demand for telecom companies is to embrace this rapid change. The demand is to build an ecosystem where digitalisation, connectivity and improved business environment continue to dominate and the need of the hour is to bring people together by enabling them to work, live and operate from anywhere in the world. While this all seems simple and straightforward, it is extremely important to see how these different places, people and resources, spread across the world, can be connected to each other, building a safe and secure environment. And this is where telecoms will play a key role by thriving through modern technology, emerging as the most powerful weapon driving change across all sectors. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay As technology evolves, some of the underlying trends that will develop in the coming year and change the way the telecom industry works will include digitalization, security, Cloud Technologies, and Big Data. Digitalization will play a very important role in the coming year given the existing pressure to eliminate costs, standardize processes, reduce variables and reshape the business to run more efficiently. Cloud services are also becoming the universally accepted “new normal” as more and more organizations have begun to fully embrace them, recognizing the cost-reducing and agility-enhancing benefits they offer. Data analytics will also gain popularity as a crucial business function with applications built to define intelligent strategies and bring better personalization. Another interesting trend is the emergence of intelligent networks, which will be security aware and will be able to identify the threat and alert others. networks. We will see an increase in demand for dynamic networks that enable a more agile response to major security events, particularly as security concerns surrounding smart cities increase. This virtualization of network functions will enable CIOs to connect more sensors, access more data and undertake better analytics. And with the emerging systemic security threat, organizations will benefit from intelligent networks that can independently detect and manage vulnerabilities and alert adjacent networks. Technological advances such as network virtualization are now allowing CIOs to connect more sensors, access more data and subsequently perform more analytics enabling a more agile and intelligent response to major events. And all this is driving the strategy of telecom companies to strengthen their market position. Trends like big data and data analytics are helping organizations tap into new customer groups and subsequently provide best-in-class personalized services to their customer base and stay ahead of the competition. Bringing digital transformation within the organization and opting for a “digital first” strategy is the best way to reach customers and leverage their behavioral patterns and make a substantial difference between success and failure. And all of this is possible, thanks to a robust cyber strategy, focused on threat intelligence and penetration testing, to check for weaknesses in the technology ecosystem and will undoubtedly help combat the latest generation of cyber threats. And not”.
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