In today’s digital era, organizations face the challenge of managing their telecoms resources effectively in order to meet the growing demands of their stakeholders while maintaining optimal efficiency. Resource management plays a crucial role in the success of these organizations and advancements in technology have provided new opportunities for organizations to streamline the management and allocation of their telecoms resources.
One of the key factors in telecoms resource management is capacity planning, which involves the forecasting and allocating of telecoms resources such as “equipment” and “infrastructure” (Law Insider, n.d.) to meet the needs of the organizations stakeholders. This is a complex and time-consuming process prone to human error when handled manually (Accusoft, 2021). However, with the advent of technology taking advantage of advanced analytics and machine learning algorithms, telecoms resource management systems have been built with the ability to automate these manual capacity planning processes (Stowe, 2020).
Another key area within telecommunications resource management is asset management. Organizations have a vast array of assets, such as MSISDN’s, devices and physical infrastructure (Knowledge Base, 2022) which need to be tracked, maintained and upgraded regularly. While traditionally asset management was a manual and error-prone process, often resulting in the inefficient use of assets and increased costs, this is no longer the case with today’s resource management systems, explains Asset Infinity (2020).
Modern telecoms asset management systems, powered by technologies like Internet of Things (IoT), provide organizations with valuable tools to track and manage their telecoms assets (Stowe, 2020). These systems enable real-time monitoring of asset conditions and can forecast maintenance requirements based on data analytics. By leveraging such technology, organizations can optimize the utilization of their telecoms assets, reduce downtime and lower their telecoms costs, states Asset Infinity (2020).
Accusoft. (2021, February 17). Reducing human error in the workplace with Automated Document Assembly. https://www.accusoft.com/resources/blog/reducing-human-error-in-the-workplace-with-automated-document-assembly/
Asset Infinity. (2020, February 13). How Crucial Is It to Include Real-Time Asset Tracking System?. Asset Infinity. https://www.assetinfinity.com/blog/real-time-asset-tracking-system
Knowledge Base. (2022, October 28). Telephone numbers management – a key factor in telecom industry. eSIM, Activation, Customer Value Management. https://www.evolving.com/knowledge-base/telephone-numbers-management-a-key-factor-in-telecom-industry/
Law Insider. (n.d.). Telecommunication Resources definition. Law Insider. https://www.lawinsider.com/dictionary/telecommunication-resources#:~:text=Telecommunication%20resources%20means%20personnel%2C%20equipment,other%20resources%20necessary%20to%20telecommunications.
Stowe, J. (2020, October 12). Automation and IOT: transforming how industries function . IoT For All. https://www.iotforall.com/automation-and-iot-will-transform-how-industries-function