Cisco has announced new mobility solutions aimed to help service providers drive revenue and profitability from their 5G infrastructure.
According to the Cisco Annual Internet Report, there will be nearly 30 billion connected devices by 2023, nearly half of those will be mobile. Global 5G connections will be more than 10 per cent of these total mobile connections.
Service providers are focused on how to grow profitability and show return on investment from their network buildouts. Cisco says it is focused on delivering the critical foundation that begins where the radio ends, including the converged IP ‘multi-haul’ network, packet core and mobile/cloud-native core along with a horizontal layer of automation, trust and security.
“The path to profitable 5G for service providers requires thoughtful choices on the mobile infrastructure with a cloud-native core, trustworthy IP network, and an open radio approach,” said Jonathan Davidson, Senior Vice President and General Manager, Cisco Service Provider Business. “The ability to capitalise on 5G opportunities in the enterprise, IOT, data center and security domains is a game changer. Cisco is the innovation leader on mass-scale architectures and cross-domain solutions that enable service providers to grow revenue, reduce costs, and mitigate risk. We are focused on helping our customers navigate the path to profitable 5G and supporting those needs with financing options and flexible business models that make sense for today’s global economy.”
As the company continues working with its customers on 5G rollouts around the world, it has responded with unique additions to its portfolio featuring new software, hardware and flexible business models designed to support service providers’ needs for the Internet for the Future.
“The path to realising the potential of 5G brings new technologies, software-centric deployment models, and revamped operational and business processes for mobile network operators to deliver new services to consumer and enterprise markets,” said Heidi Adams, Executive Director, Network Infrastructure Research, Omdia. “With Cisco’s introduction of new high-performance router platforms for mobile transport, cloud-native enhancements to its mobile core portfolio, and unique funding and revenue sharing models, operators can more easily take advantage of what 5G has to offer.”