People, devices and networks are constantly generating
data. When users stream videos, play the latest game with friends, or make
in-app purchases, their activity generates data about their needs and
preferences, as well as their QoE. Even when users put their devices in their
pockets, the network is generating location and other data that keeps services
running and ready to use. As a result, the rate of mobile network data traffic
growth is increasing rapidly. It is estimated that by 2020, the number of
smartphone subscriptions will have increased from today’s 2.7 billion to 6.1 billion,
and the total amount of mobile traffic generated by smartphones will be five
times that of today. The big-data-driven telecom analytics market alone is
expected to have a compound annual growth rate of nearly 50 percent – with
annual revenues expected to reach USD 5.4 billion at the end of 2019.
Communication service providers (CSPs) can make use of this big data to drive a
wide range of important decisions and activities. These include: designing more
competitive offers and packages; recommending the most attractive offers to
subscribers during the shopping and ordering process; communicating with
subscribers about their usage, spending and purchase options; configuring the
network to deliver more reliable services; and monitoring QoE to proactively
correct any potential problems. All these activities enable improved user
experience, increased customer satisfaction, smarter networks and extended
network functionality to facilitate progress into the Networked Society. The
profound impact that increased broadband networking will have on society will
also create business opportunities in new areas for CSPs. Improved real-time
connectivity and data management enables the creation of tailored data sets,
readily available for analysis and machine learning. This enables data-driven
efficiency improvements in several business areas – for example, transport,
logistics, energy, agriculture and environmental protection. Furthermore,
decision making in business and society will be facilitated by access to insights
based on more accurate and up-to-date data. In the past, CSPs were prevented
from benefiting from the value of big data on account of its sheer weight. The
volume, velocity and variety – or the three Vs – of big data were simply
overwhelming.
The white paper (from ericsson) below explores Big data opportunities that can be explored by CSPs. read further......................