Tuesday, December 6, 2022
Published 3 Years Ago on Thursday, Feb 27 2020 By Inside Telecom Staff
The telecom industry is set
to invest heavily in AI
software. According to the latest study conducted by Juniper Research, the total network operator investment
on AI solutions is expected to exceed $15 billion by 2024.
Why are telecom operators adopting AI solutions so aggressively? Keeping up with the competition is important at a time when there are more mobile subscribers than ever before. Those who have delayed AI adoption, run the risk of falling behind rivals who are more advanced with AI implementation. Reports reveal that many operators agree that AI is helping them broaden and diversify revenue channels. AI technology is becoming an integral feature of overall operation infrastructure either for survival, or to get ahead of the competition.
Organized cyber crime schemes are becoming more sophisticated, therefore a one-size-fits-all analytic solution will not prove to be an effective countermeasure. Each use case should be individually supported by anomaly detection techniques that are custom-made to deal with a specific threat. This is where AI implementation comes in. Telecom operators are seeking AI solutions primarily for network optimization and fraud mitigation. Network functionalities include routing, traffic management, and predictive maintenance.
“The research identifies
network optimisation and fraud mitigation solutions as the most highly
sought-after AI‑based services over the next 4 years. AI-based solutions
automate network functionalities including routing, traffic management and
predictive maintenance solutions,” the report stated.
In an industry dependent
on the transfer and exchange of
information, AI will be vital for the future success of the telecom industry, especially in the ever-evolving
digital landscape. As companies look towards managing a record number of
mobile subscribers, AI will have the potential of unleashing enhanced user
The rise over-the-top (OTT) applications is one aspect that is driving investment in AI and at present, competes directly with telecom operators’ conventional business.
Companies are already offering comprehensive digital
transformation and AI solutions to
network operators. Many provide
tools for a communications service provider to address the end-to-end service
assurance needs of multi-technology services and in the process, reduce
complexity and cost.
operators willing to invest, AI will
provide significant long-term cost savings and new
business opportunities for growth.
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