We are seeing that new technologies are promising operators they will be able to engage with new services that in turn will bring new revenue streams to make up for for the ones they are loosing. However, as we have argued many times when we review those blog posts on new technologies, we try to point out that is innovation, new business models and new revenue streams will not be a direct consequence of launching new technologies, such as 5G. Most likely those innovative companies, over the top players, will be the ones benefiting from those technology investments. Thus, this blog post from the Telstra blog is a good reminder about what innovation means.
How to help foster a culture of innovation
We’re in the middle of an ideas boom, with almost every business focused on innovation. The federal government has announced various funding initiatives for innovation including $36 million towards a global innovation strategy, $15m towards CSIRO’s innovation fund for early stage ventures and $19m for a business research and innovation initiative … Keep reading the original blog post here