Data cloud company Snowflake this week launched the Telecom Data Cloud, which it said will help telecommunications service providers break down data silos within companies and across the ecosystem.
“Mobile devices and broadband connectivity are now part of every aspect of day-to-day life,” the company said. “For that reason, the telecommunications sector remains a driver of growth, innovation, and disruption for all global businesses, especially in rapidly growing industries such as video streaming, Internet of Things (IoT), and virtual and augmented reality. The revenue shift from traditional products to innovative cross-industry collaboration solutions requires an evolution of the telecommunications business model.”
