NetACE TONAS™ is a cloud-native Operations Support System (OSS) that has the potential to significantly impact the Total Cost of Ownership (TCO) for Communication Service Providers (CSPs). In this article, we will explore in detail how deploying NetACE TONAS™ can reduce TCO and by what percentage.
Deploying NetACE TONAS™ can lead to significant reductions in TCO and revenue increase for CSPs.
- Automation can reduce labor costs by up to 60%
- Time-to-market can be reduced by up to 50%
- Real-time analytics and AI/ML can reduce downtime by up to 60%
- Reduced churn by 1-2% can result in increased revenue
- Cloud-native solution reduces hardware and maintenance costs by up to 50%
60% Labor Cost Reduction by Automating Operations
NetACE TONAS™ enables CSPs to automate their operations and reduce manual intervention. This leads to a reduction in labor costs and improves operational efficiency. A study by McKinsey found that automation can reduce labor costs by up to 60%.
50% Reduction in Time-to-Market
NetACE TONAS™ can significantly reduce the time required to introduce new services and features. With traditional OSS solutions, introducing new services can take months or even years. However, with NetACE TONAS™, CSPs can introduce new services in a matter of days or weeks. This leads to faster time-to-market and increased revenue. According to a study by IDC, companies using cloud solutions can reduce their time-to-market by up to 50%.
60% Reduction in Network Downtime by Leveraging AI/ML and Predictive Analytics
NetACE TONAS™ provides CSPs with real-time visibility and analytics into their network performance. This enables them to proactively identify and resolve network issues, reducing downtime and associated costs. A study by Gartner found that companies using real-time analytics can reduce downtime by up to 60%.
One of the key benefits of NetACE TONAS™ is its ability to leverage AI/ML technology and predictive analytics to automate and optimize network operations. By collecting and analyzing vast amounts of network data, NetACE TONAS™ can provide CSPs with real-time insights into network performance, enabling them to proactively detect and resolve network issues before they impact customer experience.
This predictive analytics capability can result in a significant reduction in operational costs. According to a study by Ericsson, CSPs can achieve a 25% reduction in operational expenses through the use of predictive analytics. With NetACE TONAS™, CSPs can go even further, achieving up to a 40% reduction in operational expenses through automated and proactive network optimization.
The use of AI/ML technology and predictive analyses and closed-loop automation can significantly reduce TCO. According to a recent study, organizations that have deployed AI/ML-enabled network management solutions have seen a reduction in network downtime of up to 70%. This translates into cost savings of up to 80% due to reduced maintenance and repair costs, as well as increased productivity and revenue.
Improved Network Performance and Reduced Churn by 1%
NetACE TONAS™ can provide real-time network monitoring and analytics, allowing CSPs to proactively identify and address network issues. By reducing downtime and improving network performance, CSPs can improve customer satisfaction and potentially reduce churn. According to research, a 1% reduction in churn can result in significant cost savings over time and an increase in revenue due to retained customers.
50% Cost Reduction in Hardware and Infrastructure Costs
One of the main benefits of deploying NetACE TONAS™ is the reduction in hardware and infrastructure costs. By moving to a cloud-native solution, CSPs can eliminate the need for on-premise hardware and associated maintenance costs. According to a study by IBM, cloud infrastructure can reduce hardware and maintenance costs by up to 50%.
30% Cost Reduction by Gradual Scaling Finally, NetACE TONAS™ is a scalable solution that can grow with the CSPs’ business needs. By paying only for what they use, CSPs can avoid over-provisioning and reduce unnecessary costs. A study by Forrester found that cloud solutions can reduce infrastructure costs by up to 30%.