Telecom Data Analysis

The telecommunications industry regularly uses data analytics in fields such as customer analysis and network optimization. For financial analysis such as identifying risks, which could negatively impact an entity’s financial performance, communications service providers have traditionally used statistical sampling techniques that cover only short time periods and a limited subset of data. Given the massive number of transactions processed by telecommunications companies; and the costs and complexity involved in their operations, data analytics offers a valuable opportunity for enhancing the frameworks and procedures they adopt to drive profitability and minimize unnecessary downside risk