Telecom data, analytics, Big Data, Analytics, Telecom APIs, and Data as a Service.
In our digital age where the mobility is at the heart of each daily process
and interactions, it is henceforth clear that, carriers have unmatched
opportunities to offer Business-to-Business (B2B) services on a DaaS basis,
representing a fast growing secondary and revenue stream.
For those unfamiliar, Connectikpeople.co recalls that, DaaS is defined as
any service offered wherein users can access vendor provided databases or host
their own databases on vendor managed systems.
Telecommunications service providers acquire and maintain substantial
structured and unstructured (Big) data.
Carriers have centralized Subscriber
Data Management (SDM) systems, which consolidate and organize data from various
sources such as HLR, HSS, and other data repositories.
Carriers have also access to a plethora of data from various "Big Data"
sources such as OSS/BSS, system monitoring and performance management systems
including Self Organizing Networks (SON).
According to Research and Markets, the Big Data driven telecom analytics
market is expected to grow at a CAGR of nearly 49% between 2015 and 2020,
accounting for $7.6 Billion in annual revenue by 2020. The Telecom APIs market
is expected to account for $167.5 Billion in global revenues worldwide by 2020,
growing at a CAGR of 26% between 2015 and 2020. The overall DaaS market will reach
$271.9B globally by 2020.