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IDC unveils predictions for telcos in AP for 2014

Nurdianah Md Nur | Dec. 9, 2013
In order to survive, telcos will need to rebrand themselves as the connected service provider since their traditional connectivity business is expected to account for less than half of their overall business from 2014 onwards.

6. The new app-cessories opportunities. IDC believes that telcos will start bundling wearables with existing smart devices sales, building ISVs (independent software vendors) ecosystem around wearables and leveraging intelligence from their consumers.

7. Eyeing the xCommerce marketplace. Telcos have delved into early opportunities of xCommerce by strengthening mobile wallets, micro financing and mCommerce. However, xCommerce is the collision of both the physical and virtual world. Telcos thus face challenges such as building that warehousing, logistics and transportation infrastructure.

8.  Revolutionising business models with Internet of Things (IoT). Billions of things are expected to be connected by 2020. Telcos can leverage this by providing basic connectivity to middleware/architecture, analytics and devising vertical integrated solutions for their customers.

9. Death of BYOD to enterprises. Security concerns will cause enterprises in the mature markets to move away from Bring Your Own Device (BYOD) to Choose Your Own Device (CYOD). This will lead to growth in mobile application management, development, security and customisation for telcos as these areas will be focus areas of enterprises over the next 12 to 18 months.

10. Smart connected devices reinvention. 2014 will see the rise of phablets and Asian white box phone vendors. Telcos can leverage this by partnering and working closely with these vendors to broaden in-build local applications and functionality, as well as helping them build an application marketplace.

 

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