Telecom Analytics: To compete with OTT, carriers should manage big data

by Roberta Prescott

What does big data represent for telecom providers? What does the future hold for the industry as telecom providers better utilize the data at their fingertips? How is the mobile explosion driving mobile business intelligence? And how can carriers monetize big data and take advantage of analytics tools?

“Operators have been dealing with big data even before the word existed,” said Louis Brun, senior VP of product strategy for Guavus, during a video interview. “This represents a huge opportunity but at the same time, it is also a big challenge.”

One of the main reasons why carriers should start using analytics tools to understand customer behavior better is to compete with new players. In the data era, Internet and over-the-top companies represent a huge challenge for carriers. “The competition is coming from Internet players, such as Google, and they know how to manage a huge amount of data and monetize it for a long time,” Brun pointed out.

With the big data approach, carriers should attack the data at the source to analyze and structure it, even before starting to think about storing or using it for business intelligence, analytics or monetization.

Brun said that operators need to have a better view of their subscribers to improve their networks and offer better packages for customers. “Now in the data space, they also need to develop new business models if they want to continue and maintain their growth,” Brun said.

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The telecom analytics series provides weekly insights on trends, new products and other topics that touch on the advantages and  monetization opportunities of analytics tools for telecom operators, including big data, business intelligence, customer experience analysis and management, business analytics  and network analytics.