Communications in a Digital Age
The vast technological changes in the communications sector are providing our clients with significant operational and financial challenges, particularly as they have to compete for market share in a heavily regulated industry.
But these changes also present some exciting opportunities: For example, cost savings through initiatives like network sharing; the creation of new business models to exploit existing infrastructure such as mobile broadband; joint ventures between fixed and mobile operators; and Next Generation Networks (NGN) which will drive innovation even further.
Internet on the go goes global
The world of convergence continues to evolve and KPMG's 4th global survey throws new light on emerging trends and behaviours. Consumers are casting aside nagging doubts over privacy and security in favour of convenience, willingly sharing their information in more ways than ever before.
The telecoms industry will become ever more critical to our world over the next decade. And the growing globalisation of communications will increasingly influence the profile of those leading the sector. The leaders of today have overseen radical developments in the ways in which we communicate and this spirit of innovation will be key to the sector's future success. Businesses need to be identifying and recruiting the right people for the future and training them to have the right skills for the global businesses of the next decade - and beyond.
Applications are expected to drive substantial new revenue streams for the mobile sector over the next 12 months according to the MEF's fourth Business Confidence Index, complied by KPMG.
Chris Woodland, head of telecoms strategy at KPMG comments on the 2010 outlook for the telecom sector.
Why do so many companies at every stage of the digital technology adoption curve struggle to find revenue models that work? Perhaps it's because the rules have changed.
Value is not simply about content - KPMG has identified 20 digital value propositions - and it is no longer simply about "consumers”, instead Digital Tribes are shaping the digital landscape.
Our whitepaper 'Emerging Business Models to Help Serve Tomorrow's Digital Tribes' details how these two concepts, the KPMG Digital Convergence Equaliser and Digital Tribes, can help you define a more structured approach to generating revenue from your digital propositions.
Trust is the glue that holds relationships together but also the lubricant that keeps things moving. So what is the current state of trust between regulators and the industries they regulate around the globe?
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