Using Ecosystems to Drive New Revenue and Innovation

Next Generation Communications Blog

Using Ecosystems to Drive New Revenue and Innovation

As service providers look to feed their subscribers' hunger for innovative services and applications, they have essentially two alternatives: they can work alone to develop them in what amounts to a proprietary environment or they can collaborate with other companies to develop more effective products and that can be leveraged to meet the needs of a wide audience.
 
In a next generation communications environment, it becomes almost impossible to achieve high levels of success with the former. The need to accommodate to accommodate different means of access and devices and to maintain viable financial models by making services adaptable to multiple user types means providers must facilitate interaction with other companies as they seek to develop and introduce new services.
 
It's this need for collaboration that drove Alcatel-Lucent to create the ng Connect program, a mechanism for partnering with other companies - not only in the communications space, but other industries as well - to create services that are flexible, interoperable with multiple technologies, and importantly, present a revenue generating opportunity.
 
According to Derek Kuhn, Vice President of Emerging Technology & Media at Alcatel-Lucent, ecosystems, like ng Connect, allow members to collectively define prospective user groups for services, and determine best practices for addressing the needs of those users.
 
In his article in the latest issue of Enriching Communications, Kuhn adds that in addition to providing an opportunity to define strategies for developing services, ecosystems create what he calls "living labs" to consider the capabilities of next generation networks to deliver these services and the new business models they enable.

 
"It's about truly transformational and innovative companies that are willing to collaborate and understand how they are going to use broadband technologies in a way that betters the user experience," noted Kuhn previously. "We can collaborate to benefit the operator community with time to market and time to revenue, and we can innovate and touch industries that traditionally telecom might not reach out to. That's what's drawn a lot of the partners to this program."
 
The ng Connect program is based on an understanding that the only limitation to innovation is the effectiveness of vendors and developers in delivering new products. By providing a venue where providers, developers, and even users can come together to share ideas and experiences, ng Connect helps increase the pace of innovation, benefitting the entire community, from developers to providers to users.
To read more about why ecosystems, like ng Connect, hold the key to service innovation in next generation communications environments, click here.


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