Telecommunications - , ,
The time has come for CSPs to seriously embrace CPaaS (Communication Platform as a Service) as a way to monetize their network infrastructure and add value for their enterprise customer base.CPaaS is expected to represent a significant disruption to the Telco industry as we know it today. A massive 40% annual growth opportunity now exists from the current $11B business in 2020. Gartner expects 50% of all companies around the globe will be making use of CPaaS in one way or another by 2023. This is a massive opportunity for Telco operators, carriers and CSPs.To help companies get onboard and take advantage of these exciting developments, The Next Cloud organises CPaaS Acceleration Alliance (CPaaSAA) events that give the opportunity for innovative CSPs and CPaaS enablers to get together with thought leaders to gain learnings and insights regarding API marketplace and CPaaS programs and platforms.