SAP has announced the public launch of the "Telco 2.0 Challenge" to help telecommunications companies envision and prototype innovative "Telco 2.0" business models. The announcement was made at the Mobile World Congress 2012, being held from February 27 to March 1 in Barcelona, Spain.
Through the challenge, SAP invites telecommunications companies to submit their best ideas for new service offerings and revenue streams. SAP will use a proven value prototyping methodology and ready-to-run packages to configure a solution in the form of a proof of concept. This can then serve as a blueprint for helping the service provider make the transition from legacy environments that constrain innovation toward a flexible operations architecture that enables Telco 2.0 business models.
"We truly believe that telecommunications solutions from SAP are unique with regard to both our flexibility to realize highly complex business models as well as the efficiency and speed to implement them. We are ready to prove to our most innovative customers that our solutions enable them to operate at Internet speed in a Telco 2.0 environment," said Jens Amail, Senior Vice-Resident, Telecommunications, SAP.
"Telco companies today face intense pressure from severe competition and an ever more complex market environment. They don't have time or money to replace a host of assets already in place, but need to partner with companies like SAP which can quickly deploy configurable solutions that leverage and extend these existing capabilities to support new, sustainable market growth. SAP's approach to solving Telco 2.0 challenges is refreshing and I believe SAP's offer to invest with operators to rapidly turn concept into reality accelerates much- needed innovation in this area,"said Simon Torrance, CEO, STL Partners/Telco 2.0 Initiative.
