Author Archives: Vishakha Gupta

VMware SD-WAN by VeloCloud Named Best SD-WAN & Enterprise Service and VMware vCloud NFV wins for Best NFV Ecosystem – Layer123 SDN NFV World Congress Network Transformation Awards 2018

VMware SD-WAN by VeloCloud was recognized again for a prestigious industry award when it was named the Best SD-WAN & Enterprise Service at the Network Transformation Awards 2018 gala in the Hague, Netherlands. This award is another feather in VMware’s cap for its SD-WAN by VeloCloud solution which is widely recognized as the #1 SD-WAN solution in the market.

 

Additionally, VMware’s vCloud NFV group was awarded the SDN/NFV World Congress Network Transformation Award for Best NFV Ecosystem. The simultaneous awards by both leading VMware business units demonstrate the best-in-breed solutions that are available to customers.  

These Network Transformation Awards recognize achievement in advancing the industry to the next generation of networks and celebrate innovation and excellence in delivering the next generation of products and services founded on SDN and NFV.  

Layer123 is one of the very important SDN/NFV industry events, and the Network Transformation Awards are known for the highest credibility and integrity.  

The Awards were judged by an independent panel comprising leading industry analysts from firms including Analysts Mason, ACG Research, 451 Research, Appledore Research, IHS Markit and Strategy Analytics. 

Click here to see all the awards bestowed on VMware SD-WAN by VeloCloud. 

Better customer loyalty through better customer experience

Have you heard the one about the Telco with good Net Promoter Scores? Well I’m not surprised – until recently, no one had. But that’s all changing as Telco becomes the latest (or as some might complain – the last) industry to embrace good customer experience.

I’m not really stating anything controversial to say that the typical perception of Telco is not an image of the most customer-friendly industry. But it is, as I say, all change ‘round here. The type of modernisation that certain telcos have in their sights (including, according to this blog, Orange and Optus) is now nothing less than a necessity for the whole Telco sector. Consumer expectations have changed across multiple industries and the marketing mantra for customer satisfaction is: experiences not products. Increased connectivity through mobile and social has led to more empowered consumers. All telcos have recognised this at pretty much the same time, which has meant experience is becoming a key battleground for competition. And the CMO has been thrust to the forefront of battle.

The weapons of engagement

In a completely saturated Telco marketplace, customer retention becomes a critical imperative. It costs much more to find new customers than it does to retain existing ones. Which means it’s a driving factor in the need to invest in customer experience. Some of the ‘weapons’ in the CX arsenal today include:

· Personalization

· Artificial Intelligence

· Speed to market

· New products and services

These are all well and good and are proving their worth across other sectors too, but getting them up and running and then sustaining them in a ‘fresh’ way takes time. And more pertinently – costs money.

New challenges, new revenue channels A recent blog by Constantine Polychronopoulos on Monetizing the Network looks at some of the new ways in which Mobile Network Operators are generating this much-needed money. They’re under significant pressure to diversify revenue streams for a number of reasons including the erosion of profit by Over The Top (OTT) services. PwC report that revenue per customer is falling in the telco space in nearly every region. When you consider that nearly a quarter of the global market will be using messaging apps in two years from now, the threat telcos face becomes starkly clear.

PwC’s Telecommunications Trends report suggests that telcos need to be “in the vanguard of adopting digital technologies … state-of-the-art infrastructure, sufficiently flexible to handle new and profitable monetization opportunities. Network enhancements could also position your company to take back the technological advantage from OTT providers.”

Telcos are spending significant money ($224bn in 2016) on Mergers and Acquisitions (PwC) in order to diversify their revenue streams or buy out competition. One recent example is AT&T who have bought Time Warner.

Breaking shackles and moving forward

Monetizing the network achieves three simultaneous goals. It stems the OTT services tide; it builds customer loyalty: it improves revenues. Achieving the monetisation depends of three simultaneous abilities. You have to understand your customer; you must deliver personalised services; the network must be capable of responding to the new demands you place upon it, to meet the new demands your customers are placing on you.

If the answer to shrinking ARPU is simply to change the network, that may present a tricky enough challenge. It’s more fundamental than that, however. This is not just a tech issue, although new technologies will play an increasingly pivotal role in making change possible. More than that, it’s about more intelligent marketing, more customer understanding and more preparedness to reassess underlying cultures within the company. NFV (for example) can’t be solely an technology conversation. Marketing, product and experience job functions will be essential for leading telcos into this brave new world.

To meet the customer experience challenge and to deliver smarter personalisation, business models must change. Operating models must change. If it looks as if my message in this blog is that everything must change then I think it probably is. Where does such a tall order start to get answered? I would suggest it is in the network; more agile, more flexible, more capable of supporting what your customers want and what you must deliver.

Underpinning this change – fundamental to it in fact – is a flexible and agile infrastructure. NFV is the first step on the road to this agility – so if you’re not already deploying NFV, you really should be.