COLLABORATIVE DATA ECOSYSTEMS: THE "NEW NORMAL" FOR TELCOS - The New Normal for Telco
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”Data ecosystems” are becoming essential within the business world. A wide range of public and private organizations are using and exploiting data to transform their business and forge new relationships within their value chains and customers. Analysts have estimated that the combined value of the data economies of the EU27 countries alone will grow from €325bn in 2019 to over €550bn by 2025, representing 4% of the overall EU GDP1. We expect a significant part of that value to originate from data sharing, as it enables new products and services, faster research and development, and more. Capgemini Research Institute found that Telco is the sector with the strongest drive towards launching new initiatives to engage with the new model. The telco sector will be primarily launching new data ecosystem initiatives Are you planning to increase your organization’s engagement with data ecosystems? Sector view, multiple selections 81% 73% 60% 53% 54% 49% 48% 47% 46% 47% 42% 45% 45% 40% 39% 38% 36% 37% 27% 28% 25% 24% 19% 8% Global Telco Banking Consumer goods Retail Insurance Energy extraction Utilities Healthcare Industrial machinery Automotive Government/Public sector We plan to launch new We are strengthening our initiatives in future existing initiatives Source: Capgemini Data Ecosystem Survey, N=750 organizations, April-May 2021 Executives increasingly understand that collaborative Within collaborative data ecosystems, Telcos will data ecosystems provide a way to move beyond the basic potentially play an important role, leveraging their monetization of datasets. These ecosystems leverage the existing capabilities and data assets to create a powerful real value of the data being created and collected not new future. After moving into this field with great only to improve productivity, but to create new products caution, we believe it’s time for them to address this and services, in compelling new business models. opportunity more vigorously. 1 The European Data Market Monitoring Tool, “Final Study Report,” June 2020. COLLABORATIVE DATA ECOSYSTEMS: THE “NEW NORMAL” FOR TELCOS ©2022 Capgemini Invent 2
The Telco Challenge First Steps There is an urgency to this shift. Rethinking the future of telco is more Telcos are making tremendous about rethinking the possibilities that capital expenditures to roll out 5G lie at the intersection of connectivity mobile networks and faster fiber and data. optic broadband to serve homes, offices, and the Internet of Things. However, connectivity services Traditionally, Telcos have focused are becoming more and more internally on leveraging data derived commodities and Telcos will be hard- from their customer management pressed to deliver returns on those systems – as this is a valid investments. starting stage to of building data ecosystems. The real opportunity however, lies in finding ways to use Meanwhile, players such as Amazon, data to work with collaborators and Microsoft, and Google have built create new intelligence and insights. formidable businesses by effectively These become both an asset and an harnessing the massive amounts of enabler in external data ecosystems, data they collect and forged a highly for innovative products and services. profitable business, becoming effectively the “hyperscalers” for data in the modern business As Telcos embrace this ecosystem world. Telcos, which are sitting on evolution, they can evolve from unfathomable amounts of data have a place where managing data is not yet come up with significant perceived just as a business cost, up business models to spin this raw to a setup where data becomes part information into gold. of the business model, if not the business itself. Data is the business DATA ECOSYSTEM DRIVER +$Bs 4 EXTERNAL MARKETPLACES Data becomes a & DIGITAL PRODUCTS business +$000Ms 3 DATA MONETIZATION Data has value & DATA AS AN ASSET +$Ms 2 MATURITY Data increases INTERNAL MARKETPLACE efficiency +$000s 1 Data is a business STAGES INTERNAL SILOS cost -$000s The maturity levels Telcos evolve against, as they adopt the data ecosystems model COLLABORATIVE DATA ECOSYSTEMS: THE “NEW NORMAL” FOR TELCOS ©2022 Capgemini Invent 3
Here’s how that The technological side of could happen: collaborative data ecosystems is already quite advanced and widely available e.g. cloud infrastructure, 1. Understand the new potential real-time analytics at the Edge, spectrum of roles a Telco can open service platforms with play. The models for helping other micro-service capabilities have all sectors unlock value are almost passed the embryonic stage, ring limitless, especially as we move into any data ecosystem, across away from a consumer world into systems. However, most Telcos (and the “Industrial Internet of Things” businesses in general) still struggle where millions of machines with the complexity to engage in exchange data that could be leveraged for innovative services. an “ecosystem approach” from a business- and partnership model perspective. Strong partnership 2. Recognize the power of Telco management is needed, and data. It’s an essential part of the underlying revenue models managing mobile networks and need to be revised from classical can be very accurate in terms of “product sales” to data and time and location. service enablement. 3. Challenge the safety of legacy Telco business and operating models: Telcos must think Conclusion collaboratively and work closely with other sectors such as Data ecosystems are becoming government, insurance, retail, and the “new normal.” The main manufacturing. challenge for Telcos is the required transformation of the internal And this is not a theoretical exercise models to become “service- – we already see concrete examples driven” ecosystem enablers. This of telco-led collaborative data transformation cannot be achieved ecosystems emerging. overnight. Telcos must start their data ecosystem journey now to keep ahead of the curve. • Telefónica has already designed the first comprehensive smart city management solution in Stay tuned for more insights on Spain (e.g. for the City of Valencia) Collaborative Data Ecosystems in that will transform cities into Telecoms in our upcoming PoV! smart, and totally connected environment. • Telia is using its Crowd Insights data platform to deliver Travel Emission Insights which allow city and environmental planners to measure and benchmark CO2 emissions from different routes and modes of transport and take actions to reduce them. • O2, via is O2 Motion data platform, generates micro- location insights so sectors like tourism can gain location-based insights on visitors to optimize experiences, sales, and marketing. COLLABORATIVE DATA ECOSYSTEMS: THE “NEW NORMAL” FOR TELCOS ©2021 Capgemini 4
AUTHORS About Capgemini Invent As the digital innovation, consulting and transformation brand of the Capgemini Group, Capgemini Invent helps CxOs envision and build what’s ANSGAR SCHLAUTMANN next for their organizations. Located in more than 30 offices and 25 creative Vice President & Head of the studios around the world, its 7,000+ strong team combines strategy, Telecommunications, Media technology, data science and creative design with deep industry expertise & Technology (TMT) Practice and insights, to develop new digital solutions and business models of at Capgemini Invent Germany the future. Capgemini Invent is an integral part of Capgemini, a global leader in ansgar.schlautmann@capgemini.com partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 270,000 team members in nearly 50 countries. With its strong 50 year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. GIANFRANCO CECCONI The Group reported in 2020 global revenues of €16 billion. Global Lead for Collaborative Data Get The Future You Want Ecosystems, Capgemini Invent gianfranco.cecconi@capgemini.com Learn more about us at www.capgemini.com The information contained in this document is proprietary. ©2022 Capgemini. All rights reserved. Rightshore® is a trademark belonging to Capgemini. ©2021 Capgemini Invent
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