Network Transformation Solutions Market - Industry Analysis And Detailed Profiles Of Top Industry Players

Network transformation solutions transform information and communication technology (ICT) infrastructures into a competitive weapon. These solutions give more control of network-related costs, and provide competitive advantage by leveraging new business models and new technologies. This include convergence solutions, network infrastructure products, scalable and secure IP telephony platforms, IP and performance management software, and a complete set of security products.

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Communication service providers (CSPs) own and operate networks, whereas network equipment providers (NEPs) provide network equipment and services such as maintenance and installation. The convergence of telecom and IT has led to the emergence of new products that drives the demand for both data and personalized services. CSPs are also affected by the upsurge of over-the-top (OTT) service providers which use CSP networks to provide services to consumers.

This forces CSPs to offer more distinguishable services to retain and increase customers. CSPs are therefore transforming their existing networks and are rapidly entering the cloud ecosystem through existing systems and processes to support next-generation services. The introduction of Network Functions Virtualization (NFV) and Software Defined Networking (SDN) has ushered in a new era of innovation that enables CSPs to create highly automated networks and introduce new customized services.

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CSPs are actively pursuing partners which help them create new revenue-generation opportunities, quickly and cost-effectively serve increasing customer demands, and improve time-to-market for new service deployments.

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