TechNavio recognizes the following companies as the key players in the Global Telecom Operation Management Market: Accenture Inc., Alcatel-Lucent S.A., Amdocs Ltd., CA Technology Inc., Cisco Systems Inc., Convergys Corp., cVidya Networks Inc., Ericsson (LM) Tel-Sp Adr., Hewlett-Packard Co., Huawei Technologies Co. Ltd., IBM Corp., NetScout Systems Inc., Nokia Siemens Networks, Oracle Corp., SAP AG, and Subex Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The growing automation of network management tools is a new trend witnessed in the market. The introduction of automated capabilities within management tools is seen as an imminent progression to cater for the needs of telecom vendors. There are many forms of automation in network management, and some of them are specifically helpful in dealing with the current challenges being faced by vendors. Examples of recent automated capabilities of network management solutions are automated discovery, automated configuration auditing and compliance analysis, automated root cause analysis, and automated actions in response to well-known issues and problems. These automated tools can deliver improved agility and effectiveness in the face of constant change, helping network managers keep pace with the rapidly changing market dynamics and business environment. ”
According to the report, one of the main drivers in this market is the increasing adoption of NG telecom technologies. Telecom operators across the globe are migrating from legacy telecom networks to IP-enabled, NG telecom networks. As part of this migration process, they are adopting advanced telecom operation management solutions and services. Moreover, telecom operators across the globe with access to NG telecom technologies such as 3G and LTE have started their initial deployment of 3G networks since 2010. Currently, almost all the 3G license holders are expanding their network across geographical locations in which they have gained licenses. In addition, the LTE license holders have also started rolling out their network.
Further, the report states that one of the major challenges in the market is the declining profit margins of telecom operators and solution providers. Telecom operators across the globe are witnessing a decline in their profit margins and are hence unable to invest in telecom operation management systems. Further, due to the increasing competition among network vendors in the Communication industry, many companies have reduced the cost of their services and software to gain a competitive advantage. This in turn has had a negative impact on the profit margins of solution providers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-telecom-operation-management-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global Telecom Operation Management Market 2012-2016
