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!


Management World 2012: Do What You Do Best

Posted: May 23rd, 2012 | Author: | Filed under: Events | Tags: , , , , , , , | Comments Off on Management World 2012: Do What You Do Best

Hello from Ireland, or as they say in Gaelic, Dia dhuit! Comptel is having a fantastic start to this year’s Management World 2012 – where the sun is shining and the Guinness is never in short supply. This year’s theme is “Rethinking Communications – Enabling Connected Life”, and the key undertones so far seem to be innovation, the customer experience and revenue monetisation.

The keynote speakers on day one of the conference touched on some interesting points to this end. In particular, TM Forum chairman Keith Willets began with the humbling statistic that there are now six billion people connected on the planet, who are cumulatively driving the speed-up of change – a “digital tornado,” he called it.

As this digital revolution occurs, so too comes fundamental changes to mobile architecture, and the big question is – can communications service providers (CSPs) adapt quickly enough and deliver the innovation levels that will be required to survive and prosper? Keith also talked about CSPs needing to continue to break down product silos with IP services and find ways to work with over-the-top (OTT) providers, as well as described this new digital economy as SAASification – with new exciting opportunities emerging for simplified service offerings in various verticals including healthcare, energy and M2M.

So how do you rise to the top of the digital world? Keith assured the audience – do what you do best, and forget the rest. Innovation will be huge, so instead of punishing failure, encourage risk-taking. Look to collaborate and partner with other telecoms software and CSPs to enable and maintain innovation.

And, analytics’ use for personalising products and tailoring services for customers will play a big part at the end. Ultimately, success will come from customer centricity and, in particular, real-time, individualised engagement – after all, Keith asserted, it’s now the customer that holds all of the power!

We’re looking forward to the rest of Management World 2012, and if you’re interested in speaking with us, then swing by the Comptel booth, #64!