What’s next for the telecoms industry?
The telecommunications industry has undergone some major changes in recent years, from the rise of fibre optic connections and the introduction of 4G to the boom in VoIP use; it looks radically different from how it did 20 years ago.
We are seeing ‘new’ technologies like VoIP become the norm as major providers switch off their old PSTN services. Plus, the demand for telecoms services is still growing worldwide as developing countries start to seize the advantages of the connected world, in particular the use of mobile systems to cut the need for costly infrastructure. So, where is the industry headed in the next few years?
Need for speed
New technology has meant that the performance of telecoms systems has increased enormously in recent years. With 5G mobile services about to roll out, this boost in performance is set to continue. 5G is around 10 times faster than 4G, meaning volumes of data carried will see dramatic growth.
Added to this, of course, is the expected increase in the number of Internet of Things devices. More and more devices in our workplaces and homes are becoming ‘smart’, but of course that means they need to communicate with the web, leading to greater demands on bandwidth use and pressure for the telecoms sector to provide fast fibre optic services to more parts of the country.
However, with any new technology comes greater risk and additional vulnerabilities. Protecting against these becomes a greater challenge as systems get faster and more complex, and it’s likely we’ll see VoIP wholesale providers such as www.idtexpress.com turning to the use of artificial intelligence technology in order to keep their systems safe.
Back on the chain gang
Another new technology that is set to play its part in the telecoms sector is blockchain. Although at the moment this is mainly associated with cryptocurrencies, it offers some key advantages for other industries too.
Blockchain can be used to verify and secure transactions, making it almost impossible for anyone to tamper with the details without leaving a trail. Fraud in the telecoms sector costs millions each year, much of which is down to identity theft. Blockchain offers a way to verify that system users are who they say they are, thus cutting the opportunity to misuse systems or steal service time.