Why Telcos Need AI More Than Ever: Industry Voices - Raynovich
FierceTelecom, Thursday, February 15th, 2024
It's clear that the telecommunications industry is undergoing a challenging digital transformation. With the cost to expand and maintain infrastructure climbing and services revenue growth slowing, the industry is increasingly looking at AI and other automation technologies to cut costs and boost productivity.
Not only do telecom companies have some of the largest, most capital-intensive installed bases in the world, but they are increasingly competing with deep-pocketed hyperscalers and digital media companies who have their own networks to launch digital services. The industry needs a new competitive edge, and they see AI as part of that story.