Analyzing Telecom Strategies in the Digital Revolution Era

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Added on  2020/04/15

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This report examines the strategies telecom companies can adopt to succeed in the digital revolution. It highlights the importance of digital transformation, emphasizing the use of analytics, e-care platforms, and personalized customer experiences. The report suggests that by leveraging real-time data for personalized promotions and service interventions, telecom companies can enhance customer satisfaction and gain a competitive edge. It also underscores the significance of automation through analytics to improve marketing decisions and network operations. The report concludes that a comprehensive digital transformation, including the adoption of e-care platforms, is essential for telecom companies to adapt to the evolving industrial landscape and rebuild their market positions with user-friendly offerings. The report references sources like Bloem et al. (2014), Leeflang et al. (2014), and Melchor (2017) to support the findings.
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Running head: CASES IN TELECOMMUNICATION
Cases in Telecommunication
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CASES IN TELECOMMUNICATION
How Telecom Companies Can Win in the Digital Revolution?
Although it is very tough for the telecom companies to win the digital revolution as
digitization touches every aspect of a telecom operators business, it is not completely impossible.
With the use of different strategic techniques and planned approach, it is certainly possible for
the telecom industries to win the digital revolution, considering the fact that it offers as much
support and flexibility as digital revolution does. Digital process is a technique that can possibly
help in achieving this. The idea of using a real time 360-degree data on individual customers for
personalizing the promotion, campaigns and service interventions in the entire customer journey
seems effective1. This can possibly eliminate the limitations associated with tracking the digital
footprints of the customers, and will further help in enhancing the customers’ satisfaction. This is
therefore a step forward for achieving and winning the digital revolution.
The idea of using analytics as an effective tool against the digital revolution is intelligent
as well. Analytics certainly helps in making better marketing-spend decisions and improving the
collections. Apart from this, it will helps in automation of the services. With the increase in
complexity and the number as well as the end-user devices, it becomes important for the network
operators to react in real time2. Analytics play a key role in introducing automation into the
network, which includes self-organizing network features. This is therefore, a possible tool that
can help the telecom companies on winning the digital revolution.
Since majority of the customers, prefer digital services, e care can be a good option for
winning the battle of digital revolution. Researches prove that about 76 percent of the telecom
1 Leeflang, Peter SH, Peter C. Verhoef, Peter Dahlström, and Tjark Freundt. "Challenges and solutions for
marketing in a digital era." European management journal 32, no. 1 (2014): 1-12.
2 Bloem, Jaap, Menno Van Doorn, Sander Duivestein, David Excoffier, René Maas, and Erik Van
Ommeren. "The Fourth Industrial Revolution." Things Tighten (2014).
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CASES IN TELECOMMUNICATION
customers are satisfied with the digital only journeys. However, most of the telecom companies
are yet to undertake the digital route. This can prove as a drawback in winning the digital
revolution. Therefore, the telecom companies should consider switching to e-care platform from
the traditional channel in order to have an advantage in the digital war. The tough times faced by
the Telecom companies as the digitalization is reshaping the industrial landscape, can be avoided
by adapting to the digital trend3. With this new addition, the Telecom companies can rebuild
their market positions with the innovative and user-friendly offerings for the customers. E-care
has been proved to be advantageous for the companies who have launched it and therefore, there
lies no confusion about this service being advantageous in future as well.
It is quite clear that for the telecom industries to make smart usage of the digital
technologies, it needs a wholesome digital transformation; only then, it can win the battle of
digital revolution. It is not an easy minor task and therefore requires much research work and
knowledge about the different technologies. This would therefore not be a spontaneous process
and would require a considerable amount of time to happen gradually. This is not an impossible
task however; it will take a lot of efforts and time to achieve this.
3 Melchor, Jonathan. "Understanding platform business models in the telecommunication industry." PhD
diss., Massachusetts Institute of Technology, 2017.
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CASES IN TELECOMMUNICATION
References
Bloem, Jaap, Menno Van Doorn, Sander Duivestein, David Excoffier, René Maas, and Erik Van
Ommeren. "The Fourth Industrial Revolution." Things Tighten (2014).
Leeflang, Peter SH, Peter C. Verhoef, Peter Dahlström, and Tjark Freundt. "Challenges and
solutions for marketing in a digital era." European management journal 32, no. 1 (2014): 1-12.
Melchor, Jonathan. "Understanding platform business models in the telecommunication
industry." PhD diss., Massachusetts Institute of Technology, 2017.
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