Wireless industry finding increasing value in service centric business models

  • Posted by Natalie Brown
  • February 26, 2015 11:34 AM GMT
CW Future of Wireless International Conference to address the growing trend of wireless companies drifting away from product innovation

The CW Future of Wireless International Conference (FWIC) will make its London debut on 23rd and 24th June, bringing together a host of experts to discuss the potentially turbulent future of the wireless industry. A key topic on the agenda for the conference is the increasing number of wireless companies finding additional value in transitioning from a product to a service focused business model.

This trend is exemplified by the problems now facing the smartphone market, with product design lacking differentiation and companies increasingly competing over price rather than innovation. But while this market may be nearing a point of stagnation, in contrast the industry as a whole is becoming more adept at analysing and managing data to maximise revenue. It seems only natural therefore that attention would switch towards services.

“The smartphone market has reached maturity and growth rates seem likely drop in 2015 as the average revenue per user declines despite data usage rising exponentially. The CW conference will discuss whether significant value can be gained by moving to data analytics for monetisation, enabled by sophisticated software and low cost hardware,” says Loraine Stone, UK Country Manager at Telefonica Dynamic Insights and speaker at the conference. “Telco providers using their expertise in insights generation to provide innovative services now appear to be leading the way when it comes to developing the business models for the future.”

The move towards data monetisation ties in well with another central theme of the conference focused on The Internet of Things (IoT) with speakers from CSR and Accenture Digital UK and Ireland. As the IoT revolution gathers pace, forward thinking companies must predict how they will manage the endless amounts of data churned out by connected devices around the globe.

In partnership with UKTI and being held at the Emirates Stadium, home of Arsenal Football Club, the conference will also feature leading business speakers from  both within and outside of the wireless industry including; Samsung Electronics Research Institute, CSR, Wunderman Data and Insights, MediaTek, The KTN Built Environment, u-blox, Conran and Partners, GSMA, Telefonica Dynamic Insights, BT, Delta Wisdom, Jaguar Land Rover, Future Cities Catapult.

The FWIC organisers expect around 400 delegates to attend the conference over the course of the two days. For more details and to register your places today click here.

About Cambridge Wireless (CW)


CW is the leading international community for companies involved in the research, development and application of wireless & mobile, internet, semiconductor and software technologies. With 400 members from major network operators and device manufacturers to innovative start-ups and universities, CW stimulates debate and collaboration, harnesses and shares knowledge, and helps to build connections between academia and industry. CW's 19 Special Interest Groups (SIGs) provide its members with a dynamic forum where they can network with their peers, track the latest technology trends and business developments and position their organisations in key market sectors. CW also organises the annual Future of Wireless International Conference and Discovering Start-ups competition along with other high-quality industry networking events and dinners. With headquarters at the heart of Cambridge, UK, CW partners with other international industry clusters and organisations to extend its reach and remain at the forefront of global developments and business opportunities. For more information, please visit www.cambridgewireless.co.uk

For Cambridge Wireless please contact:                                                               

Lily Cheng

Cambridge Wireless

01223 967101, lily.cheng@cambridgewireless.co.uk


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