A Connectivity Marketplace is a hub where various stakeholders can purchase, manage and integrate connectivity for a diverse array of devices. It operates in symbiosis with 5G’s speed, low latency and expanded capacity, facilitating a proliferation of opportunities for businesses to capitalize on the Internet of Things (IoT) and other cutting-edge technologies.
With bold and progressive thinking, providing and monetizing network APIs could be a major growth catalyst for telcos. The revenue opportunity has been forecast at $20 billion by 2028, making this is an opportunity that cannot be ignored.
Private networks offer unrivaled speed, security and latency, however, the key to success is developing a custom business case unique to each organization. With a strategy based on connecting network services to enterprise value and customer outcomes, private networks can foster new business models and cultivate multi-party relationships that drive revenue.
If CSPs are to capitalize on the overall edge opportunity, they must pivot from the “network-out” model of service delivery that has served them for the last 20+ years to a customer-focused, “value-in” model. New edge services are driven by a new monetization model.
Network slicing is a fundamental component of the 5G experience, but how can network slicing enable MNOs to be true value-added partners? Read the white paper to discover how MNOs can best optimize and monetize the flow of mobile traffic as networks evolve to the 5G Core.
To successfully monetize 5G, telcos must assume new roles and partnerships, especially in the enterprise space. As part of a broad-based strategy for 5G, successfully utilizing network slicing will deliver improved B2B, B2C, B2B2B and B2B2C opportunities, propel innovation and unleash a wave of possibilities.
