Telecoms is the epicentre of modern communication linking phones, the internet and broadcast networks on a global scale. As new technology emerges, businesses from all sectors will hope to exploit the market for competitive advantages.
But today’s trillion pound industry was birthed from simple beginnings in the prehistoric era when smoke signals were used as tools for distance communication.
Here’s a quick video of how it all started.
Over the past decade, the proliferation of the Internet of Things has birthed more consumer based technology than any other era. Applications such as wearables, smart devices, “connected” homes and cars, and mobile payments are big contributors of this rapidly expanding ecosystem. Telecoms companies will also seek new areas of development in the public sector, as smart cities gains more footing.
The greater demand for provision across the industry will present considerable opportunities for investment both in the infrastructure and the provision of it’s services.
BOOST&Co are seeking to invest in disruptive telecoms SME’s that will shape and define the IoT space and keep up with the demands of the industry.
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