With cloud-managed applications and device and computing services, up to 80% of the enterprise ICT budget would be in play, and it will happen sooner rather than later.
Many service providers – such as Telefonica, Vodafone, SingTel, Telstra and AT&T – are restructuring and engaging in acquisitions to capture an increased share of this emerging opportunity.
Finally, the roll out of 4G/LTE will continue apace in 2014. Service providers are focusing on optimization and monetization of their new networks, meanwhile the development of a standard for 5G is heating up and trials have already started.
Taking advantage of all these opportunities isn’t going to be a walk in the park. Expect to see plenty of M&As in 2014 as the industry continues to evolve and service providers consolidate to embrace new challenges.
Michal Harris is director of market insight and strategy at Amdocs