The biggest growth opportunities for communications service providers (CSPs) and their suppliers will be in helping a wide variety of industries and companies utilize 5G to accomplish things never before possible. Disruptive technologies make 5G look much different, behind the scenes, than 4G LTE. The network is now cloud-based and virtual and can be offered in slices. Software drives the networks today, opening up the market to new suppliers. The public cellular network is no longer the only possibility. Just as 4G enabled new possibilities in the consumer market—think Uber and Airbnb—5G will enable new possibilities as yet unknown to the enterprise market. CSPs that are ready will see a dramatic impact on their revenues, those that continue to be in a wait-and-watch mode risk missing the bus.

Amdocs – a leading provider of software and services to communications and media companies – recently introduced the 5G Value Plane, an integrated set of charging and policy functions managed by a central catalog designed to act as a centralized “5G brain” across the business, IT and network. This Frost & Sullivan deliverable highlights the key 5G market needs and discusses how the 5G Value Plane delivers expanded customer value.

Author: Vikrant Gandhi