Webscale and transmission network operators' interests are aligning as the 5G era dawns
Blogs
Commentary
5G and data center-friendly network architectures
Matt Walker / MTN Consulting
Webscale and transmission network operators' interests are aligning as the 5G era dawns
The launch of 5G by South Korean operators serves as a first benchmark for other operators around the world
Get ready for the Second Digital Revolution
Ovum’s Digital Economy 2025 series concludes that a fresh wave of digital transformation, the Second Digital Revolution, is coming because of cheap and readily available hardware, processing, and connectivity as well as new, disruptive technologies.
It will be more all-encompassing than the first wave, with more verticals and processes impacted and automated by digitalization. Its impact will be felt across value chains, supply chains, consumption, and monetization.
Those companies providing technology and connectivity, the Digital Enablers, will be able to leverage the $4.8 trillion opportunity to support this transformation, with the greatest spending in the enterprise technology segment. However, certain players – which we term SMART players – will be able to leverage a disproportionate share of this opportunity.
Yet the Digital Enabler opportunity will be fraught with challenges. Increased competition, attracted by revenue growth and facilitated by more open ecosystems, will mean that Digital Enablers must place the needs of customers at the heart of their decisions and processes. Innovation, partnerships, scale, agility, and service bundling will all be vital to support this new outlook on the market.
Ovum’s key conclusions on the digital economy in 2025 include:
· Some Digital Enablers – the SMART players – will be more equal than others. SMART players will provide Service, Management, Application, Relationship, and Technology platforms through which customers and third parties are able to access and distribute applications and content. The breadth of reach required to be such a player means they will be active across many digital enablement segments and capture a significant proportion of the total value.
· Consumers of the future will be defined by rate of adoption and privacy. Although the digital economy will be pervasive in 2025, users will be defined by the extent of their interaction with technology and their attitude to personal privacy. The largest group will be the Digital Citizens, who will rely on SMART players to provide their digital experience. However, segmentation will be fluid, dependent on the particular technology or service being discussed.
Ovum Knowledge Center subscribers can read more here. Not an Ovum customer but would like to find out more, contact us.
Steven Hartley is practice leader for service provider and markets at Ovum. For more information, visit www.ovum.com/
Related content