The Telecom, Media, and Technology (TMT) industry as a whole is at an inflection point that is perhaps more significant than any other junction in North American history. The pace of disruption is at unprecedented levels; “Winner takes all” is becoming the norm and the status quo is being challenged across the board. To help address the challenges and provide guidance on growth opportunities, mobileLIVE’s TMT team has put together a list of the top 10 TMT predictions.
1. Companies will up the ante to create “Magical Consumer Experiences”
Until a few years back, only the companies anchored on deep technology investments and IP were hitting the ball out of the park. However, in recent years there has been a rise in a new breed of players whose focus has been less on technology and more on the ability to provide transformatory customer experience – Uber, Airbnb, Netflix, etc. Providing low-friction services in legacy industries seems to be a common theme. In a bid to dislodge the incumbents, we will see a significant rise in investment and applications of Cognitive Technologies, Big Data, IoT, Blockchain, AR/VR. These combined are making big waves in the TMT sector.
2. Network Operators will continue investing heavily to evolve core infrastructure
In a bid to give the customers what they need, network operators will continue to invest and provide bigger and faster pipes. Not only will there be strong 5G infrastructure investment over the next decade, but we will also see the pendulum swing decisively in the favor of SDN and NFV as a means to dimension infrastructure in real-time. Heavy densification of UTRAN networks through deployment of small cells to investment in LPWAN and NB-IoT, there will be investments across the board. Lastly, operators will begin to embrace eSIMs as they have the ability to provide seamless connected experiences.
3. Buoyed by a pro-business government, we expect more IPO’s and M&A; however, they will also insist on more regulations around privacy and security
Cyberwar is the new frontier and IoT devices are the shiny new tools being used to fight. Over the next 12-24 months we anticipate the frequency of DDOS attacks increasing dramatically and all/any infrastructure connected to the web could be compromised. The regulators will begin to sit up and notice as we predict not just a threat to monetary transactions, but to people’s lives as cars, buildings, and health equipment starts getting connected to web thus becoming vulnerable to security breaches.