The telecommunications industry is undergoing rapid transformation. Efforts to seize untapped growth are accelerated by spectrum availability, public and private financing, and new use cases enabled through 5G, IoT, and Edge.
The explosive demand for data driven services is driving greater investment in groundbreaking software and technology companies. Software businesses in particular look for investors who can enable long-term, mutually beneficial partnerships.
Industries are engaging in digital transformation with a new sense of urgency. These changes include upgrading OT and IT platforms, investing in IoT and automation, and replacing legacy ways of doing business with digital alternatives.
Software as a Service has emerged as the preferred way for enterprises to consume software, allowing for easier implementation, onboarding, and management. As the landscape becomes more competitive, SaaS companies have an accelerated need for agile, data-driven management.
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