Goto

Collaborating Authors

 analytic deliver new revenue opportunity


Could 5G network analytics deliver new revenue opportunities for CSPs?

#artificialintelligence

Monetizing data has long been a goal of entrepreneurial CSPs (communication service providers). For example, operators like A1 in Austria, and O2 in the UK, have developed mobility insights units, enabling them to form new revenue streams by providing demographic data to governments and businesses. Today, connecting billions of sensors and devices is a reality thanks to 5G. As a result, the volume of data generated across 5G is set to explode, with estimates of up to a mind-blowing 79.4 zettabytes by 2025, according to IDC. That's a lot of data with a lot of potential value, and CSPs are looking to the 3GPP Network Data Analytics Function (NWDAF) and ONAP's Data Collection, Analytics and Events (DCAE) framework to unlock some of it. With this standardized approach to collecting and analyzing network data, NWDAF and DCAE allow CSPs to manage, automate, and optimize their 5G network operations much more efficiently.