As one of the largest capital line items in every telecom operator’s budget, Network Capex continues to drive large numbers every year since network augments and migrations to newer technologies are unavoidable budget items. Today operators are spending huge sums of money on new network infrastructure for advanced telecom services like LTE / 4G, IPX, etc. without adequate visibility on revenue growth. A recent survey points out 20% of the assets fail to return cost of capital and 5-15% of these network assets are ‘stranded’.
Hence, effective capital expenditure and network asset lifecycle management are rapidly becoming a big boardroom issue for telecoms operators. This is only possible when all functions work together to maximize the returns from their investments. Both the CFO’s and the CTO’s teams in a telecoms operator should have a holistic and collaborative view on the network asset investment.
The urgent need is to have a strategic approach to asset assurance program which manages and reduces network capex substantially. ROC Asset Assurance is different from ERP services because of its workflow and analytics elements. It can initiate workflow to ensure that all the applicable assets are procured and deployed when needed. ROC Asset Assurance helps the CFO & CTO function within the operator company to tackle the following pain-points:
- Planning of capital spend vs budget
- Tracking deployed assets and ROI on those assets
- What to buy, when to buy, where to buy, and for what reason?
- Information related to assets
- Ensuring usage of all available assets at the utmost efficiency
- Network resource capacity and the need to respond
To learn how an effective asset assurance program will provide complete confidence to operators that their network will grow to meet market demands while also guaranteeing optimal value for every dollar of capital budget spent, download our newsletter: Asset Assurance – Preserving Capex While Improving Network Efficiency featuring research from leading Analyst firm Gartner.