Big data analytics – Time to up the ante
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Big data analytics could help telcos improve performance, rebuild revenues and regain relevance with consumers, but it is not a quick fix. This report looks at what telcos have done in this area so far and what they need to do next.
Description
Format: PDF file
Pages: 36 pages Charts: 05 Author: John Devlin Publication Date: October 2017Table of Contents
- Executive Summary
- Big data analytics is important
- …but it’s not a quick win
- …it’s a strategic play that takes commitment
- How is ‘big data analytics’ different from ‘analytics’?
- Opportunities for telcos: typically internal then external
- Market development and trends
- Challenges and restrictions in practice
- What makes a successful big data strategy?
- Next steps
- Introduction
- Methodology
- An overview of big data analytics
- Volume, variety and velocity – plus veracity and value
- The significance of big data for telcos and their future strategies
- Market development and trends
- Challenges and restrictions
- Optimisation and efficiency versus data monetisation
- Telcos’ big data ecosystem
- Case studies and results
- Early results
- Big data analytics use cases
- Examples of internal use-cases
- Examples of external use cases
- Findings, conclusions and recommendations
Table of Figure
- Figure 1: Using Big Data can result in richer data insights
- Figure 2: The data-centric telco: infusing data to improve efficiency across functions
- Figure 3: Options for telcos’ big data implementations
- Figure 4: Telco’s big data partner ecosystem
- Figure 5: The components of a telco-oriented big data
Technologies and industry terms referenced include: AI (artificial intelligence), big data, big data analytics, case studies, customer service, data privacy, IoT, Machine Learning, operational efficiency, regulation, skills, Use cases, user behaviour