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Follow on Google News | Telecom IT Spending to Exceed $46 Billion in 2008Telecommunications industry spending for OSSes is expected to lag only slightly the forecasted growth in service revenue over the next five years, indicating that the industry is fully expecting sustainable growth in the years ahead.
By: Bharatbook.com The global market for operations support systems (OSS)—the computing and software IT infrastructure that performs engineering, provisioning, and management functions in telecommunications networks—will exceed $46 billion in 2008, explains a new report by Insight Research. According to Operations Support Systems, 2007-2012, telecommunications network operators worldwide are forecasted to increase their investment in OSSes at a compounded rate of just over eight percent over the next five years. North American investment in the computing and software systems used to acquire, serve, and bill customers will lag worldwide investment, growing at a compounded rate of nearly six percent over the same period, while OSS expenditures made by carriers in the Asia Pacific and Latin America-Caribbean regions will grow at double digit rates. The report found that telecommunications service providers are investing most heavily in those OSSes needed to support 3G data services. By the end of the forecast period, OSS spending to support broadband wireless will be more than double the amount being spent on wireline OSSes. “The carrier community has fully recovered its confidence and is investing in OSSes at nearly the same rate that consumers and businesses are picking up new wireline and wireless services,” says Insight president Robert Rosenberg. “Our research suggests that terrific growth is ahead for those OSSes needed to support 3G wireless services. RF planning and engineering tools and the professional service need to support them, carrier-to-carrier billing and service provisioning tools, as well as customer-accessible service management systems all appear to be growth areas in the months ahead,” concluded Rosenberg. Operations Support Systems, 2007-2012 forecasts global IT infrastructure spending for billing, customer care, planning/engineering, provisioning/ This report is available immediately for $4,995 (hard copy). Electronic (PDF) reports can also be ordered online. Visit our Website, or call 973-541-9600 for details. http://www.bharatbook.com/ For more information please contact: Bharat Book Bureau http://www.bharatbook.com info@bharatbook.com Phone: +91 22 2757 8668 Fax: +91 22 2757 9131 Address: 207, Hermes Atrium, Sector 11, CBD Belapur Pin code : 400614 City/Town: Navi Mumbai State/Province: # # # Bharatbook, the leading information aggregator. We facilitate and support the business information needs. With over 90,000 reports, you can get instant access and insights on the studies in you for market research, corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management Website: www.bharatbook.com End
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