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Big data has the potential to improve the quality of services; enable infrastructure that businesses depend on to adapt continually and efficiently; improve the performance of employees; help organizations better understand customers; and reduce liability risks. Analytics and marketing models of fixed and mobile operators are falling short in combating churn and declining revenue per user. Big Data presents new method to reverse the way and improve profitability. The benefits of Big Data and next-generation network, however, are more exorbitant than improved customer relationship management. Next generation of networks are in a prime position to monetize rich supplies of customer information—while being mindful of legal and privacy issues. As data assets are transformed into new revenue streams will become integral to high performance.
{"references": ["Martin Hilbert and Priscila Lopez, \"The World's Technological Capacity to Store, Communicate, and Compute Information\", Science, Vol. 332, No. 6025, 1 April 2011.", "S. Sicular, \"Information Governance in the Age of Big Data\", Gartner, ID: G00251071, 30 May 2013.", "S. Sicular, \"The Road Map for Successful Big Data Adoption\", Gartner, ID: G00254965, 19 August 2013.", "Available at: http://www.idc.com/prodserv/FourPillars/bigData/index.jsp", "\"Network Functions Virtualization (NFV); Architectural Framework\", ETSI GS NFV 002 V1.1.1, 2013."]}
Big Data, Network Transformation., Next Generation Networks
Big Data, Network Transformation., Next Generation Networks
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