What to expect over the next six months (November 2016–April 2017)
Respondents consider expanding in current markets and new product development as key priorities over the next six months. The top three key priorities include expanding in current market, new product development, and improving operational efficiency. Growth of mobile connectivity, integration with content service providers, and rising demand for IoT services are driving telecom companies to innovate products and services, and expand facilities in their existing markets
Moreover, prioritizing new product development helps companies to stay competitive within the market, and offers new market opportunities and advancing technology. The survey results also reveal that telecom companies prioritize their operational investments to improve profit margins, effectiveness of network operations, and process efficiency. Furthermore, in comparison to the previous six months, respondents will prioritize stabilizing company finances more during the next six months.
Pyramid Research’s Telecom Industry Business Outlook and Procurement Report examines executives’ opinion on the business outlook and procurement activities over November 2016-April 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, mergers and acquisitions within the global telecom industry, and organizations perspective towards e-procurement. Additionally, it provides information categorized by region and company type.