Technology, Media & Telecommunications

Technological evolution and paradoxes walk hand-in-hand in the telecommunication and mobile networking world. Communication Service Providers (CSPs) form the core of the digital hype and super-connectivity currently driving all business verticals on this planet. Simultaneously, it is battling the rising Opex and Capex while countering modestly growing revenue streams. The only way out is to accelerate innovation and realign infrastructure, platform, services, and solutions to adapt to changing consumer perceptions and the new rules set by each distinct dimension. As 5G becomes a reality, digital connectivity concepts like satellite communication, cloud networking, edge computing, and Wi-Fi will set the parameters of success. It will also lay the foundation for 6G technology, whose development is already underway. Due vigilance and diligence are not just the need of the hour but a fundamental prerequisite to winning the game.

The Internet of Things (IoT) is that missing piece of the puzzle that can synergize the dynamics of the physical and digital world. It calls for both attention and investments, for it is the foundation of all the smart concepts currently being imagined as part of a sustainable, innovative world. It will lay the foundation for all those hyper-connected advanced systems, including connected healthcare, smart agriculture, gapless supply chain management, and many others. The market participants need to work on removing the barriers like lack of ROI, end-to-end solutions, and better security. All smart concepts, like smart retail or smart buildings, can be scaled into mass-market systems only when security concerns are addressed. The first addressee will undoubtedly lead the market and pioneer several new trends in this industry. We are here to lend a helping hand to make this journey as seamless as possible.

The charm of AI & cognitive technology is ubiquitous, and its adoption is currently on the rise across all business verticals. However, the challenge remains to harness this phenomenal tech’s true potential. Despite deep investments, overall industrial growth is stymied in the wake of rising cyber threats and a lack of competent employees. The need to neutralize these challenges will subsequently drive growth and expansion. All other components, from digital twins to extended reality, web 3.0, and simulation & modeling solutions, will constitute the strategies focused on solving intricate IT problems without human involvement. Competitive edge and strong market foothold will come to innovators and executioners adhering to these requirements.

Cybersecurity and attack mitigation is the fundamental prerequisite for industries’ resilient transformation and survival. From Regtech compliance to cloud adoption, confidence in every progressive maneuver will be defined by an organization’s ability to secure its vulnerable ends. Companies need to examine the performance of their security investments and see how they can align their cybersecurity and business strategies in the coming years. Also, there is a need to acknowledge the significance of blockchain and its impact beyond fintech and cryptocurrencies. The inculcation of these techs will not only resolve the predicament of traceability and transparency but will ensure a definitive edge for early adopters. Overall, it will strengthen the trust between producers and consumers and allow brands to add much-needed authenticity to their marketing and branding efforts.