Technology is impacting every part of our lives in our rapidly changing world, from where and how we conduct work, to whether or not we thrive economically and socially. Technology and broadband can, when available, improve and enhance the way we work and live. With the introduction and accelerated advancement of technologies, having access to affordable and reliable broadband is quickly becoming the most critical infrastructure of our time, just like electricity, transportation and roadways were in the early last century.
While broadband access revenue is expected to reach $135 billion globally by 2025, service providers are looking for opportunities to bundle broadband with complementary services to retain market share and boost low compound annual growth rates (CAGR). An Omdia and Broadband Forum report noted that smart home services represent a new growth opportunity for broadband service providers as innovative use cases are developed.
However, to take advantage of the smart home opportunity, service providers must overcome the challenges associated with rolling out smart home services, including high initial investment costs and complex onboarding and interoperability with their existing OSS/BSS, all while combating competition from OTT players.
Recently, however, Radisys, a global leader of open telecoms solutions, unveiled the Radisys Reach Smart Home solution, enabling service providers to offer their customers a safe and secure home by connecting all smart appliances, sensors and controllers through an open device ecosystem, while also managing costs and streamlining operations. The solution allows broadband service providers to expand the utility of their data plans and grow average revenue per user.
“Smart home solutions are a perfect complement to service providers’ fixed and wireless broadband offerings, enabling them to expand services and create new revenues with their existing customer base,” said Aniel Jhingoeri, Regional Vice-President EMEA Sales. “Radisys Smart Living and Smart Monitoring offerings provide a flexible, modular solution that position service providers to be competitive in the market while leveraging the growing innovation of an open device ecosystem.”
The Radisys Smart Living and Smart Monitoring solutions combine smart devices, integration services and a cloud-based mobile app, enabling telcos to monetise the smart home and make their data plans stickier for increased customer loyalty. The modular offering enables service providers to minimise their initial investment and build out the solutions as they go. A complete solution set of brandable smart devices are available in convenient product bundles for home security and safety, energy management and comfort living suitable for consumers and enterprise users.
The solution integrates with broadband providers’ operations support systems (OSS) and business support systems (BSS) and includes a web user interface (UI) that can be integrated into the network operations centre (NOC).
The smart home solution also includes features such as white-labelled fully customisable smart mobile apps to extend the value of broadband offerings and customer brand loyalty, and consolidated billing to easily integrate smart home offerings with existing services. The smart home infrastructure can also be remotely managed via web-based administrative portals, while built-in analytics, including dashboards and monthly reports, make for more personalised customer recommendations based on usage trends.
Broadband service providers face several complex challenges in the smart home space, including competition from technology and consumer electronics vendors. Solutions such as the Radisys solution support the integration of devices from a variety of vendors using open standards, allowing broadband service providers to offer a modular smart home platform and services that can be monetised.
To learn more about Radisys’ smart home solutions, visit https://radisys.com/reach/reachsmarthome or contact the Radisys team at sales@radisys.com
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Radisys
Radisys, a global leader in open telecom solutions, enables service providers to drive disruption with new open architecture business models. Radisys’ innovative disaggregated and virtualized enabling technology solutions leverage open reference architectures and standards, combined with open software and hardware to power business transformation for the telecom industry, while its world-class services organization delivers systems integration expertise necessary to solve communications and content providers’ complex deployment challenges. For more information, visit www.Radisys.com.
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