APIs Enable Communications Service Providers to Provide Competitive Services
Increasing competition from new entrants and Over The Top (OTT) providers as well as the availability of modern technology has disrupted the Telecom industry, dramatically changing the types of services offered and how these solutions are delivered.
To keep pace, telecom providers are leveraging APIs to create differentiated offerings. APIs enable providers to combine their services and systems with third-parties, opening up partnership opportunities that produce innovative and high-quality services more rapidly.
Initiatives such as “Open APIs” are gaining traction among service providers. This initiative provides a flexible integration among operations and management systems, making it easier to collaborate across multiple providers and third-parties.