INDUSTRY WATCH
AN EVER MORE
COMPETITIVE DIGITAL
ECONOMY REQUIRES
THAT APPLICATIONS AND
NETWORK SERVICES
ARE DELIVERED WITH
UNPRECEDENTED SPEED,
SCALE AND AGILITY.
F
5 Networks-sponsored Telecoms.
com Annual Industry Survey 2018
places the spotlight on emerging
technology; close to 80% of industry
professionals see NFV as either important
or critical.
www.intelligentcio.com
service agility, drive innovation through
automation, as well as achieve greater
cost efficiency and operational flexibility.”
The power of NFV
New research shows that at as many
as 79% of telecoms professionals view
Network Functions Virtualisation (NFV)
as a critical strategic focus over the next
five years. According to respondents, the top three
NFV benefits include greater network
and services flexibility (48%), enabling
automation for increased efficiency
of operations (44%) and reducing
OPEX (40%).
According to the F5-sponsored Telecoms.
com Annual Industry Survey, NFV’s
influence is on the rise and has strong
support from both technology evangelists
and the wider telecoms industry. A considerable number of survey
participants also hailed NFV’s potential
to reduce CAPEX (36%), as well as its
ability to improve network performance
and reliability (35%).
“An ever more competitive digital
economy requires that applications
and network services are delivered
with unprecedented speed, scale and
agility,” said Bart Salaets, EMEA Solution
Architect Director, F5 Networks. NFV’s growing importance is further
reiterated by current investment
plans. More than 95% of respondents
believed their companies’ investment in
technology will either increase or remain
constant in 2019.
“Service providers are under massive
pressure to optimise their data and video
network traffic to maximise network
efficiency, generate revenues, as well as
maintain and improve subscriber quality
of experience,” said Salaets. The drivers are clear. When asked to
name this year’s top business service
and application challenges, 48%
selected time to market, 46% customer
experience improvement and 45%
efficiency of operations.
“Against a rapidly shifting backdrop of
Digital Transformation and IoT uptake,
service providers are increasingly
deploying NFV to create new services
and business models to increase Challenges and outlook
While the telecoms industry is
generally bullish on NFV’s prospects,
challenges remain.
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