The Future of Telecom Networking is ELASTIC
New ELASTIC Service Platform Enables Carriers to Quickly Create New Revenue Streams and Drive Service Innovation
Service providers (SPs) today are under constant pressure to create new revenues and deliver new subscriber services. However, if carriers are going to prevail in an increasingly competitive marketplace, they will need to elevate their network strategy and simplify service creation, delivery and lifecycle management overall, so they can concentrate on service innovation and revenue creation, which is, of course, easier said than done.
Today’s networks are struggling to keep pace with changes in technology and market behavior and are likely to become obsolete without rapid evolution. Yet, SPs still aren’t adequately prepared for the challenges on the horizon such as the Internet of Things’ growing ubiquity, rapidly advancing smart cities and the potential of 5G. Networks are rather a patchwork quilt of multiple vendors, layers and siloed technologies that are both difficult to manage and complex in operation.
It is painful to see it still takes weeks (or months) to set up advanced but widely-used services like VPNs between SP domains. To complicate matters, a quarter of all advanced carrier services today span multiple SPs, even as emerging technologies for per-flow routings and full scalability of network functions -- via SDN and NFV - create new technical requirements for how these services are delivered.
It is a harsh reality that, because of those challenges, new services to drive and deliver additional revenue streams require carriers to make investments of time, personnel and capital that are each significant enough to be a true hurdle; therefore, it’s vital to deeply reduce these investments at every level, so SPs can be empowered to:
- Create services simply.
- Meet the new Service Level Agreement (SLA) terms with proactive network assurance and maintenance.
- Achieve full-service lifecycle management, with efficiencies within multi-layer network resources.
- Implement advanced network automation with optimization at every point in the cycle from ideation to end-of-life service termination to avoid disruptions and achieve efficiencies that otherwise make many service offerings unprofitable.
Only once these pre-requisites are achieved will carriers be truly empowered to deliver a return on its resource investments to pursue a previously impossible variety of new service offerings and additional revenue streams.
And only until recently, achieving those goals was a bit of a pipe dream. Some of the more exciting facets of our new ELASTIC Services Platform include:
- The ability to launch new services with the click of a button.
- Automation to simplify service provider business and operations processes.
- The flexibility to add new virtual and physical network functionality from ECI, 3rd party vendors or developed by the service provider itself, seamlessly.
- Improved network availability, serviceability and SLA performance for better quality of experience.
- Future-looking ability to incorporate the power of 5G for delivering ultra-high bandwidth, low latency, or massive IoT services as this technology develops, by using end-to-end network slicing.
Ultimately, SPs have been tethered by the great challenges which the industry faces. The ELASTIC Services Platform leverages a modular software applications suite, powered by a carrier-grade PaaS, to deliver real-time control over a programmable network infrastructure. Because the right people are guaranteed to receive the right service or network management tools, which are intuitive and simple to use, and because of the ELASTIC nature of this exciting new solution, the challenges of the past don’t have to be those of the future.
The future is looking much brighter.To read more about ECI’s new Elastic Services Platform visit our website, or download our brochure: