Identify several major developments and trends in the industries, technologies, and business applications of telecommunications and Internet technologies.
Answered Essay: Identify several major developments and trends in the industries, technologies, and business
Expert Answer
Trends in industries, technologies and business applications in telecommunications
Telecommunications : Telecommunication is defined as the transmission and exchange of information in any form over a particular network. Some trends in telecommunications in terms of industries, technologies and business communications are as follows –
1) Industry trends : There is a massive change from government regulated monopolies to a fiercely competitive markets with many choices in the field of telecommunications. Earlier there were certain restrictions over the network usages. But now, things have changed to a better position and there are lot of choices to chose from various networks Competition has drastically improved in this field.
These trends tend towards competitive vendors, network carriers, alliances,and network services which are accelerated by deregulation and growth of the network.
2) Technology trends :
- Internet Networking Technologies – These are the open systems with unrestricted connectivity.
- Open Systems – Information systems using common standards for hardware and software, applications, and networking.
- Middleware technologies – These are the software programs that mediate between different other programs, operating systems and applications on a distributed computing system in a network which forms an essential part of IT infrastructure.
- Wireless technologies – Wireless communication is one of the biggest contributions in the field of the technology. This communication is prevalent almost everywhere now.
Technology trends tend to have an extensive use of the internet, digital fiber optics, and wireless technologies to create a high speed local and global inter-networks for voice, data, images, audio, video etc.
3) Business trends – These trends have caused significant changes in the telecommunication business. with the pervasive use of these telecommunications, there are lot of enterprise collaborations and strategic advantage in the local and global markets. Significant cost cuts, shorten lead/response times, improve collaboration, supportive e-commerce, are few business trends.
