![]() ![]() Those legacy systems were built for basic functions like handling voice calls and text messages, not for the world we live in now with 5G and an ever-expanding portfolio of connected content, services, and devices. What are some obstacles that telecom companies are facing in developing the agility they need to adapt and grow?Ī lot of the companies we work with came of age in a different time, which means many of them are dependent on dated legacy systems. We spoke with Jennifer Kyriakakis, MATRIXX Software’s Co-founder and Chief Marketing Officer, to learn how they’re helping companies around the world accelerate innovation and growth. MuleSoft and MATRIXX Software help clients drive revenue by leveraging integrated data to unlock value in emerging network infrastructure. That transformation is creating exciting new revenue opportunities, which means the companies with the greatest agility are also the companies with the greatest potential to thrive. WIth the emergence of 5G and other innovative technologies, telecom companies are now transforming from pipelines to platforms. Constrained by their utility-centric business models, the telecom companies didn’t get their share of the revenue generated by the explosion of content over the past two decades. ![]() For a long time, telecommunications have functioned as utilities, and telecom companies served as a pipeline for the content and data that other industries needed to function. Industry leaders need to ask themselves, “Do we have the integration and unified digital ecosystem necessary to launch new products, partnerships, or business models at speed and scale?” An organization that doesn’t have the infrastructure, operations, or processes to quickly adapt to shifting trends simply can’t unlock as much revenue in emerging markets as a competitor who can. As the pace of change in any industry increases, the value of business agility skyrockets. ![]()
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