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Telco workloads on the public cloud are increasing to take advantage of up to 80% OSS/BSS savings; Optiva to lead summit on cloud migration at TM Forum
Currently, only 20% of telecommunications core systems are virtualized, and just a fraction of those are on the public cloud. CSPs are missing out on a huge cost savings opportunity by not migrating to the public cloud. Given the disruption and changes in the telecom market, CSPs need more effective ways to deliver services and new methods of monetizing, and public cloud accelerates this transformation.
Migrating telco workloads to the public cloud is not just a "lift and shift" exercise, but instead requires architecture of applications to use cloud-native technology that is available only on the public cloud. This is even more crucial now as network operators prepare to deploy 5G, necessitating greater agility, dynamic scalability, improved security and reduced total cost of ownership (TCO).
While CSPs have been reluctant to move core applications to the public cloud, Ovum analysts predict that telecommunications companies will be among the fastest growing adopters of public cloud in 2019 and 2020. In fact, the number of CSPs planning to move workloads, such as revenue management and network management, to the public cloud is expected to double in 2019, according to the Ovum research.
"Ovum advocates that CSPs make the move to public cloud a strategic decision with clear business outcomes," writes report author
In order to help telcos take advantage of this transformational migration and gain true competitive advantage with a public cloud strategy, Optiva and Google Cloud are presenting a Digital Leadership Summit "Bust Public Cloud Myths and Achieve Up To 80% Savings by Migrating Your BSS" at the upcoming