Automation of Network Management Tools Will Improve Agility & Effectiveness of the Global Telecom Operation Management System Market

Reportstack has announced a new market research report on Global Telecom Operation Management System Market 2015-2019. Adoption of next generation telecom technologies has resulted in steady growth of the Global Telecom Operation Management System Market, which is expected to post a CAGR of 3.23 percent from 2014-2018.

The introduction of automated capabilities within management tools is an upcoming development that will cater to the needs of telecom vendors. There are many forms of automation in network management and some of them are specifically used to deal with the current challenges faced by vendors.

“Automated tools can deliver improved agility and effectiveness in the face of constant change, helping network managers keep pace with the rapidly changing market dynamics and business environment,”.

Technological advancements like development of efficient servers, analytical software and improved databases have resulted in the convergence of many functions into a single solution, which is called an integrated revenue optimization solutions. Vendors are developing these solutions that have revenue assurance, fraud management and cost and margin analysis capabilities.

“Telecom operators are able to procure integrated revenue management solutions at a lesser price instead of buying a separate solution for each function.”