The telecommunications industry has been looking to expand its capabilities from solely delivering voice and data services to managing and providing exclusive content. With today’s consumers increasingly inclining towards high-quality mobile broadcasting content, telecom companies are heavily focused on investments and cross-industry alliances that will help them develop premium entertainment content, including TV shows and live sports games. Although diversifying their portfolio of services presents telecom providers with new revenue sources, they must ensure that every spending leads to the desired business outcomes. In this regard, consulting companies can significantly benefit telecom providers by helping devise astute investment and diversification strategies that are up-to-date with the market conditions and consumer preferences, thus guaranteeing business growth.
The widespread demand for mobile live streaming and broadcasting, which requires fast and reliable wireless connections, will only increase as fifth-generation (5G) technologies begin to be launched in the market. Telecom consulting and services companies promise to empower providers to be comprehensively prepared to utilise 5G once it is launched. At the same time, complex regulation challenges are ever-present in the telecommunications industry. Telecom providers can resort to consulting companies to make their services fully GDPR-compliant in a cost-effective manner, and in turn, robustly protect customers' data.
As the industry continues to evolve with new technologies and partnerships, consulting and services, companies can not only assist telecom providers with optimising their investments but also in selecting the best-fitting technology solutions. In this edition of CIOApplications Europe, our distinguished panel comprising key decision makers, industry experts, and the editorial board has shortlisted some of the most promising telecom consulting/services companies across Europe.
We present to you CIOApplications Europe’s “Top 10 Telecom Consulting/Services Companies in Europe - 2019.”