Reference Ops Project
Reference Ops Project
Reference Ops Project
The definition of Big Data, given by Gartner, is, “Big data is high-volume, and
high-velocity or high-variety information assets that demand cost-effective,
innovative forms of information processing that enable enhanced insight, decision
making, and process automation.”
The rapid rise in the use of smartphones and other connected mobile devices has
triggered a spurt in the volume of data flowing through the networks of telecom
operators. It is necessary that the operators process, store, and extract insights from
the available data. Big Data analytics can help them increase profitability by
helping optimize network usage and services, enhance customer experience, and
improve security. Research has shown that the potential for telecom companies to
benefit from Big Data analytics is substantial.
The potential of Big Data, however, poses a challenge: how can a company utilize
data to increase revenues and profits across the value chain, spanning network
operations, product development, marketing, sales, and customer service.
Big Data analytics, for instance, enables companies to predict peak network usage
so that they can take measures to relieve congestion. It can also help identify
customers who are most likely to have problems paying bills as well as those about
to change operators, thus exacerbating churn.
Operators are usually advised against taking the usual top-down approach when it
comes to Big Data analytics, which marks out the problem to be solved and then
seeks out the data that may help resolve it. Instead, the operators should focus on
the data itself, using it to make correlations and connections. If done correctly, the
data could reveal insights that could form the basis of more streamlined operations.
This paper provides a retrospect on how telecom operators have been striving,
before the era of big data, to analyze
telecommunication industry