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clrmoney
6/3/2016 11:00:46 AM
User Rank Platinum
OSS and BSS Revenue
Of course OSS/BSS wil increase in reveunue because of better marketing strategies and better advertising of their services etc.
Foundation of our Society
It really isn't surprising at all that OSS/BSS will see a revenue increase. Anymore, wireless communication systems seem to be the very foundation of our current society. When I thought I lost my cell phone about six months ago, I was in a near panic. Almost all of my information is contained or fairly easily accessed through my cell phone. Not only that, I rely on my phone to help me navigate the city (I haven't lived in Denver long enough to know all the ins and outs the way I do Phoenix.) I rely on my phone in cases of an emergency (I locked my keys and my SON in my car once, and he was too small and strapped into a car seat to do anything about it.) My cell phone allowed me to call the fire department and get him out in under 5 minutes. I rely on my phone to keep my kids entertained when we are walking through the grocery store. And I am far from the only one whose cell phone offer a life connection. But customer service is what can cost or keep a customer base, no matter how much we rely on cell phones. (That's why I left TMobile.) And in today's market, where new cell phone companies seem to pop up on the horizon every day, companies need to ensure they are keeping their customers and gaining new ones. Either way, the business as a whole is surely going nowhere but up.
Ariella
6/6/2016 1:40:03 PM
User Rank Author
Re: Foundation of our Society
<A report by Transparency Market Research said that while the global OSS/BSS revenues were valued at $21.8 billion in 2013 they would hit $49.8 billion by the end of 2020.> Do such estimates presume that we're sticking to 2013 dollars in terms of valuation? I mean do expect that the number can be even higher if we see inflation increase by the year 2020?
Re: Foundation of our Society
The article doesn't say either way, but that is definitely a fair view point to take. In fact, it's almost interesting that it doesn't say. Because accounting for inflation, the increase may not be nearly as large as it seems.
Ariella
6/8/2016 9:19:16 AM
User Rank Author
Re: Foundation of our Society
@elizabethv Exactly! One another site I regularly visit, one of the posts looks at issues of data visualization. The one presented this past week looked at teachers' salaries in different states over a number of years. To make the graph more meaningul, it says all the amounts were in a set year's dollars.
batye
6/13/2016 4:55:06 AM
User Rank Platinum
Re: Foundation of our Society
@Ariella I would say to each his own as with visial representation of the data I get lost...
I prefer just to see numbers - for me see numbers is easy....
Ariella
6/14/2016 8:45:41 AM
User Rank Author
Re: Foundation of our Society
@batye you're probably a numbers person. But to communicate big data effects, visualization is a big area in translating what all those numbers mean in everyday terms. I recently attended a class on big data that devoted several minutes to the importance of clear visualization, particularly when the data analysts seek to communicate effectively with the people who don't really speak data.
batye
6/14/2016 9:18:34 AM
User Rank Platinum
Re: Foundation of our Society
@Ariella yes as I'm color blind... something related to not seeing red color right... number is better in my case...
mhhf1ve
6/14/2016 12:56:16 PM
User Rank Platinum
Re: Foundation of our Society
There are also many ways to "lie" with visualizations of big data -- just think of USAToday's daily infographics done on a larger scale. It's so easy to make a pretty graph that totally misrepresents or distorts the underlying data.
mhhf1ve
6/14/2016 12:57:09 PM
User Rank Platinum
Re: Foundation of our Society
@ariella -- so what was this class? Mind giving it a plug if you thought it was good?
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