The next wave of transformation for Telcos will have software at its core. To grow revenues, Telcos need to build highly agile and scalable services on top of that connectivity, adopt new business models and partner with the right companies to ensure they have a solid role and extended reach in delivering digital services.
As a founding member of the ODA Component Accelerator project, Accenture recognizes the importance of collaboration, interoperability, and standardization in the industry and how it will impact growth for communications players. Adopting a common framework and blueprint can help the business meet its macro-objectives such as improving the customer experience, operating at lower cost points, reducing time to market and seeing better return on invested capital (ROIC) – which is where the ODA comes in. ODA is an open, modular, software-based, cloud-native and loosely coupled IT reference model, that allows CSPs operations to be driven by AI and data. It is made up of standard components that can be easily produced and deployed without customization. The standardization of components and the exposure of capabilities will limit vendor lock-in and boost scalability and innovation in the future.
The adoption of ODA enables a true 360-degree transformation of the core tech, go-to-market strategies and different business models. It also allows CSPs to become industry orchestrators, powering the next wave of innovation across industries and enable the creation of marketplaces for software.
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