Executive Panel Discussion: Talking with Data-Driven Business Leaders

From the TMForum Virtual Leadership Summit on 7/1/2020 Topics: The unique benefits of 5G is expected to unlock $1.4tn of value in eight key industries by 2030. This is based on models generated from 200+ interviews and surveys with industry executives. What steps should operators take to deliver these benefits? What business and organisational transformations must occur to unlock this opportunity? 1) As we’ve seen earlier, the big data revolution has helped operators design-in resiliency , but it has also made it necessary for business leaders to invest in technologies that can handle the scale and performance of their largest datasets. Only decision makers with the best and most informed understanding of their data can set the standard for their business’s success. What are still the biggest barriers to leveraging your data? Where are your current tools struggling to meet your expectations? 2) “We simply can’t get hold of the data” Are data rules and regulations hampering CSPs usage of data? What is the opportunity to leverage the telecom data for your B2B business? 3) We’ve seen a sharp rise in operators adding predictive analytics, using AI and ML, into their data strategy to reduce costs, make faster, better decisions, and create new products or services to meet customers’ changing needs. Where is your organization in the adoption of predictive analytics and what kinds of benefits have you seen from leveraging the technology?