Follow on Google News News By Tag * Communications * Pioneering Innovation * Process Efficiency * Disruptive Economics * Software Service Factory * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | Coscend is Pioneering a New Evolution by Delivering Industry’s First Built-to-Change SolutionsCoscend Incubates Disruptive Economics in the Industry by Combining Breakthrough Process Efficiency with Multiple Disruptive Technologies
Subscribers are expecting a variety of personalized convergent communications services that run on a combination of traditional and next-generation networks and devices. This continuous growth of subscribers’ Traditionally, telecoms IT systems were built to last, and were implemented tactically as required. This strategy consistently countered an attempt to plan an overall architecture, and the fact that eventually systems would need to be retired or replaced. Consequently, the resultant systems have grown into monolithic, discrete, incompatible and proprietary systems thereby impeding dynamic business growth. Communications service providers and software platform vendors are consolidating, upgrading and integrating these numerous software systems. “As the traditional paradigms of concepts such as organizations, industry, and product or service definitions become increasingly blurred, one would see new models of business that defy traditional boundaries of organization structure, industry structure and product or service definitions,” Several factors are driving the evolution of new business models. First, consolidation and convergence has created new challenges that the current players cannot surmount. These challenges require new solutions and technology-agnostic solution providers. Second, software application development engineers with telecom expertise are hard to find in the industry. Third, high transaction costs are rampant due to lack of knowledge capture from completed projects in these segments. Only new business models that are ‘elastic’ such as that of Coscend are helping navigate these challenges. Elasticity refers to inherent scalability in all dimensions, be it economically, technologically or socially. Coscend has pioneered a new approach to software systems development and integration. “Coscend Communications is ... pioneering a new approach to ... software applications development and systems integration,” “The evolution brings software engineers and the telecom industry together, as the current trends are for more software driven technologies and capabilities such as Software Defined Radio, Smart Antennas and Soft switches. The business model presented during the keynote [by Coscend] uses a modular approach which is unique to telecommunications and telecommunications software applications,” This approach seamlessly combines scale economies derived from multiple disruptive technologies (‘technological innovation’) and operational efficiency derived from breakthrough processes (‘process innovation’) to deliver business innovation. By combining the two dimensions of innovation to rapidly and flexibly deploying convergent services in a three-channel environment, Coscend incubates disruptive economics in the industry and thereby optimizes your communications and entertainment experience. # # # Coscend’s solutions optimize subscribers’ End
Account Email Address Disclaimer Report Abuse
|
|