Tag: transformation
The ACC2017 conference kicked off in Cebu on Tuesday with a pep talk from Guy Kawasaki, Silicon Valley guru and chief evangelist for online graphic design platform Canva, who outlined key points that telcos should keep in mind as they plot their path to digital transformation. Drawing from his own experience working for Apple – […]
The question of how operators transform into digital players has been around for some years now. As a result the goal and the way to achieve it tends to get sidetracked by buzzwords and simplistic solutions. Perhaps it is better to see ‘digital engagement’ as focused primarily on the customer experience. Improve that, and we […]
(Reuters) – Cisco Systems Inc forecast current-quarter revenue that widely missed analysts’ estimates and said it would cut 1,100 more jobs, as the world’s largest networking gear maker steps up efforts to transform into a software-focused company. Shares of the Dow component fell 8.2 percent to $31.05 in after-market trading on Wednesday. The stock had […]
LONDON (Reuters) – British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free from just selling ever-cheaper data bundles and become internet companies offering combined services from phones to TV to broadband. Vodafone expanded at breakneck speed through audacious takeovers and now has nearly half a billion mobile customers […]
FRANKFURT/LONDON (Reuters) – Seeking to escape a cycle of falling prices and tight regulation, big telecom operators from Vimpelcom to Telefonica are set to reinvent themselves as internet players to escape the industry’s straight-jacket of low growth. Next week’s Mobile World Congress in Barcelona will feature phone companies in various stages of acceptance that the […]
ZURICH (Reuters) – UBS, the world’s biggest private bank, is spending around 1 billion Swiss francs ($1 billion) to standardize the IT platform across its flagship wealth management business, an investment it hopes will ultimately help lower costs. “This is about integrating our historically fragmented infrastructure that we have globally into one platform,” the Swiss […]
I had a meeting with an incumbent company in an industry. We talked about opportunities to utilize data and analytics. They commented that it is so easy for startups to do anything with data, but they have their regulation, internal processes, legacy IT systems and responsibilities. I tried to be polite and understand their problems, […]
If you ever had second thoughts why so much fuss has been made of transformation in the telecoms world you only have to look at the airline industry to understand. Biting the bullet early in updating, streamlining and simplifying everything from the network to the back-office has gone a long way in saving telcos by […]
Telcos are increasingly being squeezed by the declining revenue from traditional voice/SMS whilst increasingly becoming dumb pipes for nimbler OTT services. In response many have and continue to embrace BSS transformation programs to rationalise their BSS systems and prepare for promised new Digital transformation products. The bad news is that these big BSS transformations fail and […]
A person who contributes to a national digitisation work group in his home country told me “most people in the management groups of corporations have no idea what digitisation means.” The only exception, he said, was the CEO of a local telco. This was because “he used to be a coder, when he was young, so he […]
Recent Comments