Leverage Your Most Valuable Asset
Telecom and Cable Providers are facing aggressive competitive and cost-containment pressures from a market where their products and services are increasingly being viewed as a commodity ("bit pipe"). Add to this the disruptive force of the over-the-top (OTT) Internet companies who are disproportionately draining their network resources, encroaching on their advertising revenue, and increasingly winning the battle for consumers, and it is easy to understand why we see so much churn and consolidation in this industry.
So what can be done to reduce the cost of delivering existing network services, differentiate on service delivery, enhance the customer experience, and enable new sources of revenue?
The answer lies in harnessing the value of their most important asset – the customer. Whether it's reducing the cost of operating the network by consolidating the number of subscriber data silos, enabling policy-driven service personalization, providing richer customer insights to drive more relevant advertising, or simplifying the interactions that customers have with various service departments – it all starts with unifying and intelligently exposing customer data.
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Telco Opportunity: Become Trusted Identity Brokers
This Ovum report explains how telcos can leverage subscriber trust and subscriber data to improve user experience, reduce churn, and increase revenue – and explains which trends will have the biggest impact and how technology vendors can exploit the rapid changes underway across the telco market.
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