Calculate your SIP ReturnsExplore

HCLTech and Tecnotree Join Forces to Revolutionise Telco Industry with Generative AI

02 July 20243 mins read by Angel One
This partnership marks a major milestone in the company’s journey to innovate and transform the global telecom industry.
HCLTech and Tecnotree Join Forces to Revolutionise Telco Industry with Generative AI
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

In a move poised to reshape the telecommunications landscape, global technology leader HCLTech and telecom BSS platform pioneer Tecnotree have announced a strategic partnership. This collaboration focuses on co-developing cutting-edge 5G-driven generative AI (GenAI) solutions specifically tailored for the global telecom industry.

The partnership leverages the strengths of both companies. HCLTech brings its extensive experience in spearheading AI-powered digital transformations for telecom companies and communication service providers (CSPs). Tecnotree contributes its expertise in developing robust 5G and AI-integrated BSS platforms. This combined force aims to equip telcos and CSPs with next-generation solutions that unlock a treasure trove of new opportunities.

The envisioned solutions will empower telcos and CSPs to:

  • Accelerate Innovation: By harnessing the power of 5G and GenAI, the partnership seeks to drive groundbreaking advancements within the telecom sector.
  • Unlock New Revenue Streams: These solutions will empower telcos to identify and capitalize on novel business opportunities previously unexplored.
  • Drive Sustainable Growth: The focus on next-generation solutions translates to enhanced customer experiences and fosters long-term business success.
  • Hyper-Personalisation: GenAI’s capabilities pave the way for highly personalized customer experiences, fostering stronger brand loyalty and satisfaction.

Furthermore, the co-developed solutions will seamlessly integrate with existing CSP capabilities while ensuring alignment with the Open Digital Architecture (ODA) and AI guidelines established by TM Forum, a leading industry body representing over 800 CSPs. This ensures smooth integration and adherence to industry best practices.

This strategic partnership signifies a significant step forward for the telecom industry. By leveraging the combined expertise of HCLTech and Tecnotree, the development of 5G-powered GenAI solutions promises to revolutionise how telecommunication companies operate and cater to their customers in the future.

“This partnership marks a major milestone in our journey to innovate and transform the global telecom industry. Together, we aim to solve real-world challenges for telcos by using GenAI and create meaningful business impacts,” said Pawan Vadapalli, Corporate Vice President and Global Head of Digital Business Services at HCLTech.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Enjoy Zero Brokerage on Equity Delivery
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Open Free Demat Account!
Enjoy Zero Brokerage on Stock Investments.