How can a business identify innovations in the telco sector and respond appropriately to startup threats and opportunities?
Most telecommunication companies have struggled to monetize the immense amount of data flowing through their networks. As their traditional messaging and voice services become more and more commoditized by over-the-top (OTT) players, telcos need to urgently commence modernizing operations and redefining their business strategy to stay relevant for the medium to long term.
However, many telcos do not have the capabilities required to enter new markets or create the required product or service offerings. In contrast, there are many agile and innovative startups within the telco space that can enable market share repositioning and new value propositions for telcos through partnerships or M&A deals.
But where can telcos or other businesses access detailed informaion of disruptive telco startups without expending excessive resources on research? Who can conduct the scouting, assessment, rating, and the prioritization of these startups?
Startup scouting in 5 relevant categories
Every trend and startup within the Detecon Telco Radar has been categorized into 1 of 5 telecommunication categories. Assess whether certain startups can provide opportunities for organizational growth and transformation, or position themselves as threats to your business.
Companies that provide hardware and software for the transmission and optimization of carrier signals
OSS / BSS
Companies which provide operational support systems and business support systems to telco operators and carriers
Companies which provide voice and internet services to the residential and / or business customers
Telecom Operations & Maintenance
Companies which provide operational and maintenance services to telco operators, carriers, and service providers
Companies with business models that are not completely reliant on telecom infrastrstructure, such as OTT players