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TechNavio Says Automated Network Management Tools Will Improve Agility & Effectiveness of the Global Telecom Operation Management System MarketLONDON --(Business Wire)-- Adoption of next generation telecom technologies has resulted in steady growth of the Global Telecom Operation Management System Market, which is expected to post a CAGR of 3.23 percent from 2014-2018, says research firm TechNavio. The introduction of automated capabilities within management tools is an upcoming development that will cater to the needs of telecom vendors. There are many forms of automation in network management and some of them are specifically used to deal with the current challenges faced by vendors. "Automated tools can deliver improved agility and effectiveness in the face of constant change, helping network managers keep pace with the rapidly changing market dynamics and business environment," says Faisal Ghaus, Vice President of TechNavio. echnological advancements like development of efficient servers, analytical software and improved databases have resulted in the convergence of many functions into a single solution, called an integrated revenue optimization solution. Vendors are developing these solutions, which have revenue assurance, fraud management and cost and margin analysis capabilities. "Telecom operators are able to procure integrated revenue management solutions at a lesser price instead of buying a separate solution for each function." TechNavio currently has more than 3000 market research reports on a huge range of topics, including: About TechNavio TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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