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HP helps Telcos deploy new offerings in minutes with Network Functions Virtualization

New Biz of Network.JPGToday at Mobile World Congress in Barcelona, Spain, HP introduced OpenNFV, a comprehensive Network Functions Virtualization (NFV) program designed to help the telecommunications industry accelerate innovation and launch new services faster, easier and with less expense through the virtualization of telecommunications core networks and network functions.

 

The telecommunications industry is facing competitive pressure from over-the-top (OTT) players who are more agile, flexible and able to roll out revenue-generating services and appliances much faster than the communications service providers (CSPs). Additionally, CSPs are faced with the rapid growth of rich media applications, which is slowing voice revenue and exploding network traffic.

 

According to Ovum, OTT social messaging applications cost CSPs $32.5 billion in lost SMS revenues in 2013, which is predicted to reach $54 billion by 2016.(1) Additionally, in 2018, OTT VoIP providers will have cost the global telecoms industry $63 billion in lost revenues.(2)

 

The HP OpenNFV Program enables CSPs to accelerate time to market and drive new revenue. Prior to adopting NFV, CSPs managed cumbersome, individual network hardware appliances. With HP OpenNFV, they can leverage commercial off-the-shelf hardware with virtualization to test and deploy new offerings in minutes rather than months,(3) opening the door for CSPs to be the industry innovators.

 

To fuel this adoption, HP has dedicated Bethany Mayer, currently senior vice president and general manager, HP Networking, to assume responsibility for leading HP's NFV strategy. Mayer was chosen based on her experience working across HP, her start-up experience and her deep knowledge in the networking space.

 

This companywide effort leverages the breadth and depth of HP's innovation portfolio to launch an open standards-based NFV Reference Architecture, HP OpenNFV Labs, and a partner ecosystem of best-in-class NFV applications and services. HP also brings more than 30 years of telco-specific experience, along with more than 5,000 telco professionals to this new offering, ensuring that carriers have a tried and tested partner supporting them on their NFV journey.

 

Read the press release for more information: HP Helps Telcos Deploy New Offerings in Minutes, Rather than Months, with Network Functions Virtualization.

 

 Mobile World Congress.jpg

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