To remain successful, companies need to prepare for the future of global telecommunications. Establishing global standards for technology, software and privacy are crucial steps to achieving continued success in the industry. However, as these products and services are converted to accommodate a global customer, the systems and equipment of today will quickly become obsolete in the future telecom world.
More global consumers are demanding that telecommunications products are made to help them continue to manage their busy lives. To move forward to meet this demand, countries, industries, companies and investors need to come together and agree on how to best serve their customers.
Maintaining adequate interoperability between telecom systems and equipment is extremely important and should be a priority. Whatever standards are developed will need to equal the fast pace of innovation in telecommunication technology. Additionally, there needs to be a method that will help manufacturers handle any excess or obsolete inventory.
Communication protocols should be developed to enable equipment (devices), computers, and sophisticated software. As equipment becomes more sophisticated, more software has to be standardized in future telecom. Extensive standardization in software and hardware must also be a point of focus.
There must be a great deal of collaboration amongst governments, carriers and manufacturers to develop these global standards in telecommunication technology. In order to establish a single standard, there must be a focus on compatibility or interoperability between computers and terminals of different makes and models. It also requires a thorough understanding of the latest innovations and the future activities of all participants, including customers.
The future of telecommunications security must also be addressed. All through various techniques that provide secure telecommunication services. Although switching centers and computers are protected from unauthorized access, some natural disasters still make telecommunication systems vulnerable to theft. To update security, various encryption techniques have emerged ranging from such practical methods as the Data Encryption Standard to highly sophisticated public key systems.
In the future telecom world, more telecommunications products will have become obsolete. In fact, recent data states that 23% of telecommunication parts become obsolete every year. This produces a ton of excess inventory for manufacturers and can become a very costly burden. In order to eliminate excess inventory, keep up with customer demand, and not sacrifice productivity, hiring a third-party vendor is essential. Obsolete products end up creating storage issues in your warehouse and ultimately hinders your company’s productivity.
Anytime you can prevent excess inventory from accumulating, it can save your company precious time and money. AECI specializes in global procurement strategy and helping manufacturers solve excess inventory issues. Whether it’s an abundance of obsolete product parts, machinery, equipment or tools, AECI can provide a smart solution and help you manage or sell these excess items and prepare for future telecom changes. Contact us today for more information on our services.