How to manage telecom assets
Telecommunications companies need to make ever-greater investments in infrastructures that are capable to accommodate and satisfy the requirements of new technologies. This is leading them to look for cost-saving solutions and a common focus is on the management of assets and operations at these infrastructures.
Telecommunications sites are the core on which operators base their activity: there are more than 5 million sites around the world, and with the arrival of 5G, it is estimated that the number of telecommunications sites will increase by 4 to 7 times. In a business of such volume, a small improvement in any aspect can be very relevant.
Throughout the life cycle of a site, several processes and activities require management with different partners:
- The site creation and setup
- Management of commercial processes
- Site operations and maintenance
- Site decommissioning and sales to third parties.
Process digitization is deemed necessary in order to manage such a large number of activities at the speed that the current moment demands, as well as to pursue cost savings in the mid-run. Today's technology makes it possible to build a digital observatory that provides a 360-degree, real-time view of all the elements involved in the lifecycle of a telecommunications site, thus achieving:
- Avoidance of proprietary or customized third-party software tools or multiple spreadsheets for each of the tasks that, in most cases, are not even integrated with each other.
- Reduction of manual errors that appear when increasing the number of sites and processes to be handled.
- Contribution to site profitability by having a single centralized platform where telecom infrastructure owners can manage all their assets from, as well as their relationship with other providers and companies more efficiently.
- Better decision-making and proactive responses to problems, thanks to the availability of real-time information.
- Systematization of the knowledge of the operation, avoiding dependence on people.