& cplSiteName &

Telco Big Data Market to Thrive

Ray Le Maistre
1/22/2014
50%
50%

The market for big data technology and services in the communications sector is set to grow by more than 400% in the next seven years, according to a market forecast by Heavy Reading.

Senior analyst Ari Banerjee, a specialist in the Service Provider Information Technology (SPIT) market, said today during a live message board chat session focused on the big data challenges facing the communications service providers and their suppliers that Heavy Reading "expects the big data technology and services market to grow from $1.95 billion in 2013 to $9.83 billion in 2020" for the communications sector alone. (You can see the full transcript of the Q&A session with Banerjee right here.)

That expected growth is driven by the need for communications service providers (CSPs) of all types (fixed, mobile, cable) to harness the massive volumes of network, service, and subscriber data at their disposal and put it to good use, including generating new business. Banerjee said several major US operators are already deriving new revenue from aggregated data. (See AT&T Eyes Big Data Revenues, Sprint Plays by Its Own Rules, Too, and JDSU Urges Ops to Sell Their Location Data.)

Banerjee believes he may be a little conservative in his forecast, the details of which will be featured in an upcoming Heavy Reading report. Even so, his projections show a magnitude of growth that is certainly good news for the many companies looking to sell data warehousing platforms and big data analytics tools to CSPs, including Amdocs Ltd. (NYSE: DOX), Gigamon Systems LLC , Guavus Inc. , HP Inc. (NYSE: HPQ), IBM Corp. (NYSE: IBM), SAS Institute Inc. , SAP AG (NYSE/Frankfurt: SAP), Splunk Inc. , and Teradata (NYSE: TDC), to name but a few.

Look out for more coverage of the big data and analytics market in the coming weeks.

Related posts:

— Ray Le Maistre, Editor-in-Chief, Light Reading

(1)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
R Clark
50%
50%
R Clark,
User Rank: Blogger
1/22/2014 | 8:46:58 PM
SK Telecom
SK Telecom is claiming impressive results - churn forecasting and reduction up fourfold from big data analytics.

But it has the ability to use customer search data. It has figured out that when customers start searching for 'data plan' or visits operator comparison sites, a switch is imminent. Not sure if western operators would even be allowed to do that.
Featured Video
From The Founder
Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
Flash Poll
Upcoming Live Events
June 26, 2018, Nice, France
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 17, 2018, Chicago, Illinois
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Telus CTO: NFV Burden May Cripple Telcos
Iain Morris, News Editor, 5/14/2018
Verizon CEO Says LA Is Second 5G City
Dan Jones, Mobile Editor, 5/16/2018
TM Forum Sea-Change Overcomes That Sinking Feeling
Iain Morris, News Editor, 5/17/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed
Partner Perspectives - content from our sponsors
Swisscom: Quick off the Blocks With 5G
By Gary Maidment, for Huawei
SAIL the Atlantic With CAMTEL
By Gary Maidment, for Huawei
What's in the Box?
By Huawei
Beginning With the End In Mind
By Kevin Taylor, for Huawei
All Partner Perspectives