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"We can help TSPs accelerate their digital transformation"
Voice and Data
|April 2023
A technology leader with a blend of business and financial knowledge Fawad Qureshi is a Global Field CTO at Snowflake helping telcos all around the world on building net new business models.
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Fawad Qureshi
Global Field CTO, Snowflake
In an interaction with Shubhendu Parth, he talked about the recently launched Telecom Data Cloud and how its ecosystem of partners can help telcos accelerate digital transformation, enable superior customer experiences, maximise operational efficiency, and monetise new data services. Excerpts:
Telcos are both users and drivers of cloud and data analytics. Where does Snowflake's Telecom Data Cloud fit in this scenario?
We recently announced the launch of the Telecom Data Cloud, which unites Snowflake's data platform, Snowflake and partner-delivered solutions, and industry-specific datasets. It helps telecommunications service providers (TSPs) break down data silos within companies and across the ecosystem, allowing organisations to easily and securely access data in near real-time, enrich it with machine learning (ML) models, and then share and analyse it to drive better decisions. With the Telecom Data Cloud, Snowflake and its ecosystem of partners can help TSPs accelerate digital transformation, enable superior customer experiences, maximise operational efficiency, and monetise new data services.
Mobile devices and broadband connectivity are now part of every aspect of our day-to-day lives. The telecommunication sector remains a driver of growth, innovation, and disruption for all global businesses, especially in rapidly growing industries such as video streaming, the Internet of Things (IoT), and virtual and augmented reality. The revenue shift from traditional products to innovative cross-industry collaboration solutions requires an evolution of the telecommunications business model. To stay ahead, telcos must transition from complex legacy technologies to modernise their networks and deliver value to partners across industries.
This story is from the April 2023 edition of Voice and Data.
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