For immediate release [23rd October 2020, Colombo]. Global Wavenet (www.globalwavenet.com) CEO, Suren Pinto yesterday, joined forces with Smart Axiata (https://www.smart.com.kh/) CIO Kalyan Achyutuni,to discuss how a powerful data strategy can strategically transform a CSP organization’s data into critical revenue streams at the Digital Transformation World series 2020 event.
The DTW 20202 event commenced on 7th October and will run until 12th November 2020 and is hosted by the telco industry catalyst of change, The TM Forum. This event is attended by industry experts and thought leaders in the telecommunications space. Topics at the event covered six key themes and on trending topics such as 5G, IOT, B2B2X revenue streams, AI-driven insights and action generation, automation, strategies for competitive leap, and much more.
The speaker session hosted by TM Forum including Wavenet and Smart Axiata, took place on 22nd October 2020 on the topic around building a data strategy and data culture in a telco organization. Today, data owned by an organization forms an important part of a set of business tools which can become an integral ingredient in future-proofing business growth and in a highly competitive environment.
Kalyan Achyutuni, CIO of Smart commented on this occasion, “The new telco CIO today is focused on developing a business blueprint that governs how data is strategically identified, managed and consumed for meeting technology outcomes, and one that changes the game for large blue-chip telecommunication operators such as Smart Axiata. An innovative data strategy creates the technology plan that determines the technical execution of the company, including reference architecture, governance, and use case prioritization, assists the company in creating a digital-first organization with skills required to meets technology demands”.
Wavenet CEO, Suren Pinto added “Today, for CSPs organizations that are operating in such diverse market conditions, it is even more important to create internally, a culture that is infused with data-centricity in order to be able to exploit and identify key data insights to deliver value. CXOs need to exploit the wealth of information already available to the organization and shift existing business models to gain a competitive edge. For example, shifting from a batch-oriented architecture and operational model to an ‘event-driven’ architecture, and using a company-wide focus on applications and analytics will give the CSP a definite revenue and a competitive edge”.
Smart Axiata Co., Ltd., Cambodia’s leading mobile telecommunications operator, currently serves 8 million subscribers under the ‘Smart’ brand. Smart Axiata is part of Axiata Group Berhad, one of Asia’s largest telecommunications groups.
Smart is at the forefront of mobile technology advancement in Cambodia. Smart was the first network to introduce 4G LTE in 2014, 4G+ in 2016, 4G+ with HD Voice (VoLTE) and 4.5G in 2017. In mid-2019, Smart hosted the first 5G live showcase in the Kingdom, manifesting its mobile data leadership position. Smart also provides 2G, 2.5G, 3G and 3.75G mobile services as well as international roaming across more than 190 countries. Its extensive nationwide network coverage stretches to 99% of the Cambodian population.
The company is also rapidly transforming itself into a digital lifestyle brand, having introduced many innovative offerings and lifestyle entertainment value propositions. This includes various international brand partnerships with Universal Music, Apple and Facebook, as well as digital services including Smart Insurance, SmartPay, Pleng by Smart, GigaGigs by Smart and SmartNas. Smart aspires to be the #1 and most loved communication tech brand in Cambodia by 2022, while having a strong corporate social responsibility and sustainability agenda for national socio-economic growth. The company’s workforce consists of over 1000 local and foreign experts striving towards a common mission of connecting and making lives better. Live. Life. Be Smart.