Top 10 IT Service Providers for Telecom Industry
Looking for Telecom IT service providers? You’ve landed in the right place. Here is the list of top 10 IT Service Providers for Telecommunications Industry.
Global Telecommunication Services Industry Overview
With the worldwide spending on telecom services and solutions soaring, the global telecommunications industry is booming incredibly fast. Technological progressions, smart telecom trends, and industry shifts continue to dominate the global telecommunication services marketplace and pose a challenge to telcos that are not strategically equipped to embrace these transformative changes.
As per a recent telecom industry report by Transparency Market Research, the global telecommunications market size is set to reach a value of $3450 billion by 2022, registering a strong CAGR of around 6%.
The ever-evolving technology landscape has greatly impacted the telecom service providers, in the wake of which we’ve witnessed disruptive transformations that have completely revolutionized the way people communicate, work, and live.
The high growth of the telecommunications IT service providers is mainly fueled by the rising demand for seamless connectivity and the urge for the Communications Service Providers (CSPs) to transform digitally. In the near future, several emerging technologies such as cloud computing, big data, AI/ML, and 5G networks will continue to be the key trends that can transform the telecom market and prepare it for a fresh bout of revenue flow.
So, let’s have a look at the top 10 telecom solution companies that are dominating the global telecom market with their disruptive technologies, strategic innovations, and tremendous market shares.
Best Telecommunications IT Service Providers that Dominate the Telecom Space
Prodapt Solutions Pvt. Ltd. was founded in 1999. One of the top telecom solution companies, Prodapt is a multinational consulting, software services, and Operations Company singularly focused on the telecom/Digital Service Provider (DSP) industry. The company is betting big on next-gen technologies such as Hyperautomation, Artificial Intelligence/Machine Learning (AI/ML), 5G Network Operations, Software Defined Networks/Network Function Virtualization (SDN/NFV), and Cloudification of OSS/BSS systems to deliver best-in-class services to DSPs.
The company has its presence in the Americas, Europe, India, and Africa. The company’s telecom services include end-to-end solution architecture consulting, application development, systems integration, testing, and maintenance & support.
2. Accenture
Accenture plc, commonly known as Accenture is an American-Irish multinational professional services company serving clients in more than 120 countries. The company caters to multiple industries and Communications & Media is one on the list. Accenture, known for its consulting capabilities, offers communications, media, and technology consulting.
The company is engaged in data-driven, open-platform models and agile services related to network services, 5G acceleration services, cybersecurity services, applied intelligence, cloud services, intelligent network operations, and programmable network platforms.
3. Tata Consultancy Services Limited
A subsidiary of the Tata Group, TCS is a multinational information technology (IT) services and consulting company. Headquartered in Mumbai, India, it is the second-largest Indian company by market capitalization that operates across 46 countries.
Being one of the top telecom service vendors, the company’s telco-based solutions range from next-gen OSS services, cognitive network operations, networking services, digital video services, data & analytics services, to BSS/OSS transformation services, and fiber roll-out services. TCS also addresses the areas of service fulfillment, service management, network management, and billing & revenue assurance.
4. Virtusa
Virtusa Corporation (NASDAQ: VRTU) is a leading American information technology services company that primarily provides IT consulting, business consulting, systems implementation, and application outsourcing services to large enterprises and software vendors. The company offers omnichannel transformation through AI-powered business automation.
Virtusa iComms, the intelligent communications marketplace offers Communication Service Providers (CSPs) an ecosystem to leverage Virtusa IP. One of the top telecom service vendors, Virtusa’s telco solutions include consulting, digital engineering, cloud transformation, and managed services. The company also leverages its ‘communications lab’ to develop innovative solutions for CSPs.
5. Capgemini
Founded in 1967, Capgemini is a French multinational corporation that offers technology, outsourcing, professional, and consulting services. The company’s telco-focused insights & data portfolio is a full stack of service offerings that leverages the latest in digital technologies, analytics, and AI.
With support and development centers located worldwide, Capgemini offers solutions in various domains such as 5G and edge revolution, cloud, customer experience, digital engineering, and intelligent automation, just to name a few. The company’s Inventive Telecom is an innovative and integrated offering that supports CSPs to deliver superior digital experiences to their clients.
6. HCL
A subsidiary of HCL Enterprise, HCL Technologies Limited is a multinational IT services and consulting firm. The company had emerged as an independent organization in 1991 and has its global presence in almost 44 countries.
With a worldwide network of R&D and delivery centers, HCL Technologies offers comprehensive telecom services and solutions such as IT infrastructure management services, application services, engineering and R&D services, customer experience management, cloud-native services, App modernization, digital & analytics, network services, and IoT works.
7. Cognizant
An American multinational product-led digital corporation, Cognizant provides digital products, digital IT services, including digital, technology, consulting, and operations services. The company is known for its digital products on cloud-based data engineering, model-based testing tool, and process automation RPA.
One of the top telecom services companies, Cognizant offers telco solutions primarily in three areas, which are digital business, digital operations, and digital systems & technology. The company’s major capabilities are in the areas of 5G, IoT, AI & automation, predictive analytics, data-driven customer experience, and cloud enablement.
8. Comarch
Comarch is a leading Polish multinational software house and systems integrator founded in 1993. Based in Kraków, Poland, Comarch provides services in various domains such as Finance and Banking, Telecommunications, and Public administration.
The company’s major IT services for Telecom Operators include Business consulting, managed services, BSS/OSS transformation, cloud transformation, end-to-end project delivery, business intelligence, and cloud solutions. Comarch’s product offerings span across OSS/BSS, intelligent assurance & analytics, field service management, IoT, and 5G network operations.
A subsidiary of the Mahindra Group, Tech Mahindra Limited is a multinational firm, providing IT and business process outsourcing (BPO) services.
The company serves multiple industries, and its portfolio of services for the Communication & Media sector range from infrastructure and cloud services, integrated engineering solutions, data analytics, network services, and business process services to consulting, telecom product engineering, customer experience, Artificial Intelligence, and intelligent automation.
10. Wipro
Wipro Limited is a multinational corporation that provides information technology, business process services, and consulting. Wipro’s telecommunication services are broadly categorized as Network & Edge Services, Communications, and Media.
The company delivers a comprehensive set of services ranging from product R&D engineering to deployment, support, IT, and BPO. Wipro has also expanded its services in the segments such as consulting, digital customer experience, digital enterprises, digital networks, and agile operations.
The Bottom Line
Now, it’s evident that being recognized as a leader in the telecom services list is no cakewalk. However, the top telecom companies that we have discussed in this blog are not just the trailblazers but also are the most dynamic ones who have stayed ahead in the industry growth curve.
These top telecom solution companies have taken advantage of the rapid transformations and new-age technologies to maintain their leadership in the global service telecommunication marketplace. With the increasing demand for telecom services, these telecom services companies are also expected to expand their operations, help DSPs to launch new products & services, and thereby witness stronger revenue growth.
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