INNOVATION :

Definition -
Innovation is derived from the Latin word “innovare” meaning “to make something new”.
Acoording to Dr. James Moody, PhD, Innovation Theory, “Innovation effectively is the process
of technological change… the thing to really understand is that innovation is a process not a
thing. The thing, the outcome of innovation, is the invention. Innovation is deeply associated
with business processes, business models and all the different aspects that combine towards
creating a new product or service.”
Process -

1) Searching - scanning the environment (internal and external) for, and processing
relevant signals about, threats and opportunities for change.
2) Selecting - deciding (based on a strategic view of how the enterprise can best develop)
which of these signals to respond to.
3) Implementing – translating the potential in the trigger idea into something new and
launching it in an internal or external market.
4) Learning - enterprises can learn from progressing through this cycle so that they can
build their knowledge base and can improve the ways in which the process is
managed.

Sources –
Four sources of opportunity exist within a company or industry:
1) Unexpected occurrences. 2) Incongruities. 3) Process needs. 4) Industry & market
changes.
Three exist outside a company’s social & intellectual environment:
1) Demographic changes 2) Changes in perception 3) New Knowledge
Telecommunication Industry
The telecommunication industry comprises of companies that enable communication on a
global level via the phone or the Internet, through airwaves or cables, or wires or wirelessly.
Sub-sectors of Telecommunication Industry –
This industry consists of three basic sub-sectors:

1) Telecom equipment (the largest) 2) Telecom services (next largest) and 3) Wireless
communication.
The world’s top 5 global players in telecommunication industry in 2019 –
1) China Mobile Ltd. 2) Verizon Communications Inc. 3) AT&T Inc. 4) Vodafone Group Plc
5) Nippon Telegraph & Telephone Corp.
Financials of Telecommunication Industry –
Revenue Growth - Global telecom revenue growth is forecasted to be 2%-3% through 2019,
driven primarily by broadband as demand for high speed data continues to increase.

Telecommunications – Fixed & Wireless

Telecommunications – Cable & Satellite

Innovations in the Telecommunications Industry –
Since the dawn of history, communication has been grown up and developed. First was
physical communication, when early man settled along rivers for greater access to one
another. Next was when smoke signals and drums were used to pass messages to
communicate with each other and stay in touch. Then came written mail, the Morse code,
the telegraph, telex and telephone enabling man to communicate faster and farther. And
today we have the radio, television, fax, email and internet.

Telecom Solutions Providers: Driving the World with Innovations

Remember when Netflix stops to "buffer" for more than two seconds, we flip out to anyone
who will listen about how slow the Internet is!

But not to forget since last two decades, we have experienced stupendous improvements in
wireless technology. From 1G to 5G, advancement in wireless technology has totally
transformed the concept of communication.
Driving Force Behind Innovation -
One of the driving factors behind this is the transition from brick phone to current
smartphones and wearables. The use of mobile phones has extended from just calling or
messaging to gaming, financial transactions, entertainment, controlling smart devices (IoT)
and many more.
Increased digitization and trending technologies such as cloud computing, SAAS, AR, VR, IoT,
AI demands strong and efficient telecom infrastructure to be available.
Innovations in the Telecommunications Industry –
Since the dawn of history, communication has been grown up and developed. First was
physical communication, when early man settled along rivers for greater access to one
another. Next was when smoke signals and drums were used to pass messages to
communicate with each other and stay in touch. Then came written mail, the Morse code,
the telegraph, telex and telephone enabling man to communicate faster and farther. And
today we have the radio, television, fax, email and internet.

Telecom Solutions Providers: Driving the World with Innovations

Remember when Netflix stops to "buffer" for more than two seconds, we flip out to anyone
who will listen about how slow the Internet is!

But not to forget since last two decades, we have experienced stupendous improvements in
wireless technology. From 1G to 5G, advancement in wireless technology has totally
transformed the concept of communication.
Driving Force Behind Innovation -
One of the driving factors behind this is the transition from brick phone to current
smartphones and wearables. The use of mobile phones has extended from just calling or
messaging to gaming, financial transactions, entertainment, controlling smart devices (IoT)
and many more.
Increased digitization and trending technologies such as cloud computing, SAAS, AR, VR, IoT,
AI demands strong and efficient telecom infrastructure to be available.
Innovations in the Telecommunications Industry –
Since the dawn of history, communication has been grown up and developed. First was
physical communication, when early man settled along rivers for greater access to one
another. Next was when smoke signals and drums were used to pass messages to
communicate with each other and stay in touch. Then came written mail, the Morse code,
the telegraph, telex and telephone enabling man to communicate faster and farther. And
today we have the radio, television, fax, email and internet.

Telecom Solutions Providers: Driving the World with Innovations

Remember when Netflix stops to "buffer" for more than two seconds, we flip out to anyone
who will listen about how slow the Internet is!

But not to forget since last two decades, we have experienced stupendous improvements in
wireless technology. From 1G to 5G, advancement in wireless technology has totally
transformed the concept of communication.
Driving Force Behind Innovation -
One of the driving factors behind this is the transition from brick phone to current
smartphones and wearables. The use of mobile phones has extended from just calling or
messaging to gaming, financial transactions, entertainment, controlling smart devices (IoT)
and many more.
Increased digitization and trending technologies such as cloud computing, SAAS, AR, VR, IoT,
AI demands strong and efficient telecom infrastructure to be available.
Value of Innovation –
1) 5G
5G seems promising for the live broadcasting industry since it is expected to provide a faster,
more reliable, secure and agile wireless technology.
m5G aims to empower massive IoT.
Ideas for Innovation –
1) Smell-o-phone

These phones will let you tag photo messages with whatever scents tickle your
fancy. On the other end of the message, the recipient's phone device mixes the
necessary scent notes and spews forth the aroma the sender specified. So, imagine
getting a photo of a bonfire along with the bouquet of burning wood, or a snapshot
of some flowers accompanied by their pleasant essence.

2) Internet access to unserved or underserved parts of the world

Envisioning drone-delivered Internet and IOT Connectivity (an all-wireless network in
the sky) to remove inequalities for limited/no internet access regions.
Value –
This kind of network will be far less expensive, far less disruptive and will take far
less time to build than implementing a wired / land-based infrastructure over very
large swaths of the earth where no communications infrastructure currently exists.

References –
1) https://www.engadget.com/2014/06/23/you-can-now-turn-your-iphone-into-a-
smell-o-phone/