We’re living at an age where the technologies used in telecommunications keep changing for the better. It seems it was only yesterday when we were discussing the advantages 3G could bring, and now 5G is already knocking at our door. When we think about a change in technology, we automatically have higher downloading speeds and a broader bandwidth in mind. But 5G can potentially provide connectivity to a wide range of devices connected to the network.
Reinventing an organization in the telecommunications sector is a difficult but rewarding task. Corporate strategy through to process reengineering, if properly implemented, can have a positive impact on costs and efficiency when launching a product to market (at the speed the customer wants) and/or discovering needs.
The liberalization of the railway passenger market is scheduled to take place in 2020, and forms part of a Europe-wide liberalization of passenger transport aiming to open the market to more competition with larger benefits to consumers. When we turn our attention to the benefits to passengers, not everything has to be about lowering prices – as occurred with the liberalization of air transport a few years ago. The airline sector did indeed see a big reduction in prices, particularly imposed by low-cost airlines.
In a mature market like telecommunications solutions, where you have many different types and sizes of businesses competing against each other and well-known brands, differentiation and added value are key to helping a company stand out. Therefore, a design strategy that comes up with alternative, robust solutions and the possibility of offering an outward-oriented service – which meets market needs and requirements (Clients and Partners) and, of course, complies with the applicable legal requirements and certifications for these types of technologies – becomes key to competing in global markets.
One of the most talked about concepts in the technology industry today is the Internet of Things (or as it´s also known, IoT). Still in its infancy, the IoT phenomenon spans many áreas from everyday objects and the automotive sector, to its integration in cities giving rise to Smart Cities.