5G is a technology, or more accurately a collection of technologies, not a service or a revenue stream.
For 5G to live up to its hype and improve the bottom line for communications service providers (CSPs), technology must be turned into services, and services into revenue.
“The real promise of 5G is that it gives CSPs their first realistic opportunity to differentiate the service levels they deliver to different customers. It is transformative because of the flexibility it offers.”
Building the 5G business case is tough
of CSP respondents said lack of use cases is a significant barrier
said lack of top management
is a challenge
said lack of mature
ecosystem is an issue
Finding new revenue
The business case for OpEx reduction is one that resonates well with investors as the risks involved are controlled. However, for operators to make a return on the billions they are investing in 5G, they know they must also find new sources of revenue.
of revenue from service enablement and creation is dependent on OSS/BSS transformation
Make it happen – Strategies for realizing the promises of 5G
5G offers many new, exciting opportunities and a mind-boggling number of options, dependencies and unknowns. Building business plans is a tough challenge, and any attempt must focus on transforming operational and business support systems (OSS/BSS) as well as the underlying technology building blocks and eye-catching use cases.
Big changes are required
Realizing the promise of 5G requires much more than simply changing the radio interface. It is a massive undertaking that fundamentally impacts many traditional operational and business support system (OSS/BSS) functions, from planning and optimization to business and revenue assurance. To do this requires a change in the way networks are designed, planned, operated and managed, beginning with slicing up the network.
Key characteristics of 5G networks required to deliver flexibility
NFV and SDN replace physical funcations and manual controls
Multiple network slices support multiple differentiated service propositions, replacing single network proposition
Automated processes replace manual ones driven by artificial intelligence (AI) and machine learning
Management happens from network to customer with systems loosely integrated using open APIs
Siloed or standalone systems and processes are replaced
Data is shared across all functions and processes based on a single data pool and open APIs for integration
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