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Telecoms Industry News

The Rise of Insurtech: Opportunity or Adversity?

According to PWC, the insurance industry is being disrupted more than any other industry, providing adversity for some, and opportunity for others.  New competitive threats, outdated technology, increasing regulatory requirements, all-around less-than-ideal financial performance, and external developments such as IoT and AI are a few of the areas that demand dramatic change and completely new

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How Telcos Can Keep Up With Growing Demands for Enhanced Digital Experiences

KPMG conducted a survey of almost 600 telcos decision makers, revealing that leaders are enthusiastic about disruptive technologies to improve products and services, reduce costs, and outpace their rivals, but have concerns that disruptive technologies will harm their business models.  The study showed that they also fear that their companies lack the organisational flexibility and

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Adapt IT | Telecoms Social Good Hackathon & How to Host Your Own

On the 28th of September 2019, computer science students from Wits University Johannesburg, South Africa, gathered to participate in the Adapt IT | Telecoms Social Good Hackathon. Wits University computer science students taking part in Adapt IT’s 2019 Hackathon. The students had only 10 hours to build a FINTECH Solution using code and epic brain

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Software as a Service: Digital Transformation for Operators

The Software-as-a-Service market continues to increase rapidly, as evidenced by the big global IT market players, presenting an opportunity for telecoms operators to capture a share of the revenue. With that being said, operators have a distinct advantage to deliver managed data, security, and private cloud services, plus services for key industry verticals in order

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SDN vs NFV: Why These Are The Key Components To Modernized Networks

SDN vs NFV – while neither requires the other to work, they are key components to a modernized netwrok which compliment each other. The growth of IoT, the implementation of 5G, a recognition to offer more VAS, plus an ever increasing number of devices and applications need to be connected to the network, forcing telecom

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Mobile Money Transfers: Top 5 Trends To Look Out For in 2019

Mobile Money Transfers: Top 5 Trends To Look Out For in 2019

Mobile money transfers, also known as mobile payment, mobile money, and mobile wallet, refer to a method of payment conducted on a mobile device.   The various mobile money transfer applications work differently, and many operate as an extended offering in the retail or financial sector.  Adapt IT Telecoms offers potential mobile money providers like telecoms

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OSS-and-BSS-The-Impact-Of-New-Telecom-Industry-Trends

OSS and BSS: The Impact Of New Telecom Industry Trends

OSS and BSS system requiremets are being propelled by new telecom industry trends. With new service layer architecture and customer experience management at the centre, this has resulted in a non-optional switch to automated systems and management-as-service logic. Telecom industry trends drive OSS and BSS systems requirement changes Network operators report that OSS and BSS

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Security concerns in the telecoms industry

Security Concerns In The Telecoms Industry

Telecoms companies are more susceptible to security concerns because of their interconnected nature and the necessity to rely on international operational standards. The core infrastructure and the large volumes of personal data that Telecoms hold mean that this industry is particularly vulnerable to malicious attacks. In addition, as an industry, Telecommunication companies are expected to be tech-savvy,

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kenya-at-the-forefront-of-telecommunications

Kenya: At The Forefront Of Telecommunications

In Kenya, modernization is squashing old ways of doing business, and smart millennials are at the forefront of the transformation. Skilled developers and programmers work to accelerate innovation across the country to build cutting-edge telecommunication solutions birthed from the country’s challenges. Kenya learned that ICT has the potential to mobilize the country out of unemployment

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