What Role Will Hyperscalers Have In Driving Telecom API Revenues?
sdxcentral, Wednesday, July 10th, 2024
The telecommunications market is expected to see significant revenue opportunities from opening up APIs into their networks, but that telecom API opportunity continues to lag due to basic proof of concepts (PoCs) that are not driving real revenue opportunities.
John Byrne, research VP for IDC's Communications Service Provider Operations and Monetization practice, said during a recent webinar that early telecom efforts to dip their toes into the API revenue stream have been lackluster.
'What's been interesting is that a lot of the early activity has been somewhat rudimentary, if you will,' Byrne said. 'It's been almost a proof of concept on things like solve a simple problem, be it in anti-fraud or security or something simple.'
Byrne added that most of these early examples have involved a communications platform-as-a-service (PaaS) (CPaaS) developer 'can solve a simple problem like 'I don't want to have to do two-factor authentication, I just want to know my customer is secure.' So that solves a basic problem.'