Thursday 23 April 2015, Amsterdam
The new report, now available on ASDReports, recognizes the following companies as the key players in the Global Telecom Operation Management System Market: Accenture Inc., Alcatel-Lucent SA, Amdocs Ltd., CA Technologies Inc., Cisco Systems Inc., Convergys Corp., cVidya Networks Inc., Ericsson (LM) Tel-Sp Adr., Hewlett-Packard Co., Huawei Investment and Holding Co. Ltd., IBM Corp., NetScout Systems Inc., Nokia Solutions and Networks (Nokia Corp.), Oracle Corp., SAP AG and Subex Ltd.
Other Prominent Vendors in the market are: Cerillion Technologies, Comarch, Comptel, Comverse, Elitecore Technologies, ESKADENIA Software Solutions, Evolving Systems, Formula Telecom Solutions, LogiSense, LogNet Systems, Martin Dawes Systems, Mind CTI, Orga Systems, OSG Billing Services, Redknee Solutions, Sitronics CLS, Telesens International and TeleSpace.
Commenting on the report, an analyst from the report's team said: “One key trend upcoming in this market is the growing automation of network management tools. The introduction of automation capabilities within management tools is witnessed as a progressive change in the telecom industry.”
According to the report, the increased adoption of next generation telecom technologies is one major factor driving the market’s growth. The shift from old telecom networks to IP-enabled NG telecom networks includes the adoption of advanced telecom operation management solutions and services by telecom operators worldwide.
Further, the report states that one of the main challenges in the market is the declining profit margins of telecom operators and solution providers. Telecom operators across the globe are witnessing a decline in their profit margins and are hence unable to invest in telecom operation management systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.