Aside from using AI as a recommendation engine for data analytics, Panorama uses AI to automate the entire predictive analytics process and modernized telecom analytics with deep predictive learning. Users can analyze huge amounts of data, look for anomalies and trends, and stay ahead of their competition with predictive and prescriptive insights that reduce churn and pinpoint the next best offer for a customer.
The Internet of Things is growing at an exponential rate. While the most common use of IoT is personal, mainly in wearable devices, the future will include IoT in nearly every industry and aspect of our lives. IoT will power Smart Cities, optimize medical care, and much more. By 2025 there will be approximately 25 billion connected devices. It was one of the most discussed topics at MWC Barcelona and Los Angeles. IoT is the technology that will enable the Smart World—the 4th Industrial Revolution. During MWC Los Angeles, Asha Keddy- Corporate VP and General Manager of Intel Corporation talked about the link between buzzwords such as AI, IoT and 5G. She said “The use cases for all of these technologies are similar… The promise of 5G is the thing that enables a fully enabled connected mobile intelligent society. What they all have in common is data and networks.”
Indeed, data is the common denominator for the key technologies that will enable “Intelligent Connectivity” and the Smart World. As the owners of the network, connectivity and subscribers, telecoms harness the massive amounts of data generated. But they have a challenge, as they are not fully prepared to deal with so much data and actually make sense of it. Panorama helps CSPs make sense of their data by analyzing IoT data and correlating it with business data to drive higher ARPU, LTV and retention.
Other highlights from MWC Los Angeles 2019
Like in Barcelona, 4FYN provided an excellent opportunity for startups to connect with investors and partners. Another highlight was the Women4Tech program, which is an initiative intended to close the gender gap in the telecom and communication industry. And just was there was a gender inclusive program, there was a youth initiative called YOMO, which aims to inspire students to pursue careers in science and technology that will perform a key role in today’s increasingly connected world.
Overall, we can say that MWC Los Angeles was an accurate reflection of the major trends in the telecom world. Stay tuned for our yearly Telecom trends webinar, which will discuss the major trends for 2020 in telecom.
analytics,artificial intelligence,IoT,telecom
