Management World Americas 2012: Everything that can be digital, will be

Posted: December 4th, 2012 | Author: | Filed under: Events | Tags: , , , , , , , | Comments Off on Management World Americas 2012: Everything that can be digital, will be

I’m here at Management World Americas 2012 in Orlando, Florida, where the air is filled with excitement. This year, the theme is “everything that can be digital, will be” – which is reinforced by the rapid growth of our digital economy, expected to reach $20.4 trillion by 2013. Kicking things off this morning was TM Forum’s President and CEO, Martin Creaner, who addressed how to manage complex services as this growth continues, and discussed the industry’s transformation.


To illustrate his point, Martin drew a parallel to frogs – if you put a frog in cool water and then slowly increase the heat, the frog will boil alive before he realises that his life is in danger, even though he’s aware of the gradual temperature change. This is an analogy to the problems our industry faces. We realise change is happening all around us, in the types of phones we use, with increases in data usage, how we use that data, and beyond. But understanding these changes and actually doing something about them are two entirely different things.

That’s where the challenge of innovation comes into play. When it comes to innovation, there are two categories – the first is sustaining innovation, which is about making things better and improving on products and services that already exist in the market. The second, and more difficult type of innovation, is disruptive. This is focused on creating a new market, with new technologies and services.

Currently, market leaders tend to be strong with sustaining innovation and poor at disruptive innovation. Martin noted that, while always important to cater to customers, the downside of sustaining innovation is that it can hold you captive by them. To avoid being the boiling frog, organizations really need to both sustain and disrupt with their innovations. Martin explained that breaking the cycle comes down to putting space between your innovative efforts and the demand of existing customers. In doing so, you can not only innovate for the here and now, but also take steps to change for the future.

This is something we pride ourselves on at Comptel, especially with our Contextual Intelligence for Telecommunications (CIQ4T) concept – a way we’re innovating for service providers. It allows them to understand their customers with predictive analytics, and interact with them intelligently for relevant offers and, ultimately, for a better customer experience.

We’re excited to see what the rest of the show offers, and if you’re at Management World, stop by our booth (#7) in the expo hall!


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