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Feb 2018 - IDC Perspective - Doc # CA40794016

Industry Clouds — A Vignette of Telecom Industry Adoption

Authors: Eric Newmark, Elisabeth Rainge

Abstract

This IDC Perspective provides an overview of industry cloud adoption in the telecommunications industry and offers recommendations to telecom carriers on both the business side and the network side of the industry about how to best capitalize on the opportunity brought about by industry clouds.

Eric Newmark, program vice president of IDC's Industry Cloud research, said, "The industry cloud market is young, yet growing fast, with dozens of new industry clouds emerging each year across many industries. While telecom is still trailing some other industries in terms of adoption speed, such as healthcare, manufacturing, and financial services, we are starting to see growing interest within telecom as well. Although the market's tipping point is still a few years away, IDC is expecting significant growth and believes the industry cloud market represents one of the largest vertical growth opportunities for technology vendors and professional services firms through 2025."

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