Telecom operators are expected to increase their reliance on software technologies based on network functions virtualization and software-defined networking to reduce costs and better compete against established software-based service providers, according to a new report from Technology Business Research.
The TBR report claims telecom operators over the next year will look to focus on consolidation and cost-cutting initiatives “to improve the profitability of their enterprise business,” citing recent moves byCenturyLink and Verizon Communications in looking to divest their data centers and IBM’s recent acquisition of AT&T’s managed application and hosting service business.