AI In Telecommunications: Ringing In The Change

AI is powering the radical transformation that the telcos are undergoing and is helping them thrive through the turbulent times. By 2030, the market for artificial intelligence in telecommunications is projected to be worth USD 10.30 billion, rising at a 43.10% CAGR between 2022 and 2030. Telcos across the globe are embracing and appreciating AI and AI focussed mindset. Industry players see AI as a tool to grow revenue, improve operations and sustainability, or boost customer retention. Additionally, telecoms see efficiencies driven by AI as the most likely path for returns on investment. However, despite the growing fondness, telcos appear to be substantially underinvesting in AI as a percentage of annual capital spending. The apprehensions are around quantifying ROI, mismatch of aspirations and reality, technical challenges, challenged infrastructure, lack of enough skilled professionals, et al.

FinancialExpress.com Presents Telecom Leadership Dialogue, powered by IBM, aims to bring the top telcos together and address the challenges around adoption of Intelligent Automation. A dialogue around convergence of telecom networks, acceleration of journey to zero-touch network strategy, cost reduction, and increasing revenues with AI has become the need of the hour. Join us to unveil the power of AI to enhance your business and opportunities beyond the traditional boundaries of telecom.