While it’s not time to break out the bubbly just yet, there are a few signs that the fortunes of the telecoms industry may have reached some kind of inflection point.
When reflecting on the recent Network X telecoms trade show it was just possible, if you looked hard enough, to detect a cautious buzz and nascent optimism from an industry that has had little to get excited about in recent years. The show itself seemed lively and we understand key metrics such as size and attendance we up year-on-year in the 15-20% range, which is especially impressive given the aforementioned doldrums.
The keynotes started on a relatively optimistic note. While the growth numbers shared by Omdia Analyst Dario Talmesio (pictured) were low, they still indicated persistent growth following similarly persistent decline. That alone could be viewed as an inflection point, with the hope that it’s the start of a trend that will extrapolate to steeper growth in future.
For all the talk of digital transformation and agility, the telecoms industry still has a supertanker turning circle. So, for the foreseeable future, substantial change will be measured over the course of years, not months. We discussed those keynotes in a podcast recorded from the event and Heavy Reading Analyst Gabriel Brown seemed to approve of Talmesio’s message, while also seeking to proceed with caution.
