This post was originally published on Network Computing
The transition to 5G comes with high costs, putting telcos, or communications service providers (CSPs), under massive pressure to receive the highest return on investment (ROI) from 5G. One way for CSPs to gain significant value from their investments and make innovative 5G services more available to enterprises is the telecom software-as-a-service (SaaS) model. Telecom SaaS enables the formation of cloud-based services, which can lower operational expenses (OpEx) and promote innovation.
Leveraging telecom SaaS for 5G innovation
Many sectors today are rapidly and increasingly demanding new digital experiences/services, connected solutions, and work-from-anywhere flexibility. As a result, a majority of telcos have already invested (or begun investing) in 5G technology. This is because 5G promises fast, reliable, and secure connectivity necessary for delivering such experiences. This leaves just one part for CSPs: monetization; and the missing piece is telecom SaaS.
Telecom SaaS allows CSPs to access the necessary software to run networks on demand and as a subscription. That way, they eliminate the heavy upfront costs of purchasing software licenses and the hardware to keep and run applications in favor of predictable, ongoing OPEX. Telcos also save time and money that would have been spent on maintaining and upgrading software and
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