Create opportunities for innovation & new revenue streams
Innovating and harnessing new revenue streams made possible by openness and ecosystem building
The fast pace of convergence between telecommunications, cloud technologies and a wealth of new consumer devices is creating a race between CSPs to harness new technologies to transform our daily lives. Evaluating the many opportunities and implementing new services is challenging, however it’s the spark which ignites the fire which is the most important.
5G and IoT is truly a platform for digital transformation and the first step in the journey is virtualizing the network to harness the power of openness and interoperability.
TM Forum understands the need to innovate and create new revenue streams. Virtualizing the network and leveraging Open APIs are key elements for operating in ecosystem environments. TM Forum’s Open APIs unlock a range of growth opportunities for communications services providers (CSP) and their ecosystem partners and suppliers by enabling true interoperability. This leads to innovation by enabling the exposure and monetization of new products and services, while reducing the complexity and cost of operations and reducing the time to market.
Creating long-lasting, sustainable partnerships to leverage this powerful technology is fundamental. TM Forum provides industry-leading tools to map the nature of ecosystem partners and define the exchanges between them.
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