Technology Disruption and the evolving XaaS business models, which are the next frontiers?
Technology has grown in leaps and bounds over the past 20-30 years, with a 360 degree shift from analog telephony and other traditional dial up services to a convergence of voice, video, data & internet services. This phenomenon is facilitated by the parallel growth trajectory of networks, starting from 2G towards 3G/4G/5G broadband networks, the increasing fiber footprint (Terrestrial, aerial and submarine) and the emergence of Data Center & cloud infrastructure. These network enhancements have enabled increased data speeds and improved subscriber experience. Obviously this network build comes with a massive CAPEX outlay and networks therefore end up adopting Vendor-lock-in and other preferential business models to recoup their investment. Meanwhile, with increasing network coverage footprint has been growth in mobile broadband internet subscriptions, and a surge in the adoption and use of the smartphone, which is now becoming a necessity in all ways of life. According to GSMA