The Value of GIS in the Telecom Enterprise

There has been significant growth in the global GIS market over the past several decades. The GIS market in the telecommunication industry is one of the fastest-growing GIS markets worldwide.

So fast, in fact, it has a forecasted compound annual growth rate (CAGR) of 12% from 2021 to 2025. A large part of this growth is due to the need for stakeholders to understand the network structure on a near real-time basis.

GIS is crucial for giving regulators the information they need to build and run cheaper infrastructure.

On this episode of Fiberside Chat with 3-GIS, host Tyler Kern talked with Michael Measels, VP Product Management at 3-GIS, and Randall Rene, Industry Solutions Specialist at 3-GIS.

The trio talked about the value of GIS in the telecom enterprise. One way GIS is used to increase speed in the market. There are a few different ways to look at this, according to Measels.

He noted the importance of thinking about this from a strategic and financial mindset. If you look at GIS through the lens of investor or CFO, it is essential to define speed to market.

“But, I think you can look at it from the CFO’s perspective, in terms of what the investor may or may not be looking for,” Measels said. “In terms of that construct, you need to look at defining speed to market, reducing churn and reducing the cost of network buildout, and, ultimately, providing an opportunity for future investment.”

Listen to learn more about the value of GIS in the telecom enterprise.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

Full Circle Healthcare: Information Blocking, Interoperability, and Health Data
August 11, 2022
 As the world becomes more digital, there are certain protections in place to help ease the accessibility of health information for each patient. Speaking on the topic of information blocking, Nicki Read more
Tornado Chasers by Dynamic Attractions
How Technology has Empowered the Theme Park and Attractions Industry with Michael Carroll of Dynamic Attractions
August 11, 2022
Watch below as Michael Carroll of Dynamic Attractions joins Pro AV Today host Ben Thomas to discuss some of the ways that technology is empowering and enabling the modern attractions Read more
The Most Important Challenges Faced by the Hotel Industry
August 11, 2022
One of the most affected industries drastically changed by the COVID-19 pandemic is the hospitality industry. While the lifting of restrictions has helped the industry bounce back in some ways, there Read more