Welcome!

Weblogic Authors: Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

World’s Leading Service and Solution Providers Forge Path to Open Digital Economy

Management World Americas 2012 — As the market for enterprise digital services gathers pace, TM Forum today announced the launch of its Open Digital Economy Group, a new action group formed to address the challenges of delivering reliable, secure and scalable enterprise digital services. Comprising nine of the world’s largest service and solution providers, the group will provide strategic guidance and executive support for TM Forum’s recently launched Digital Services Initiative which focuses on overcoming the end-to-end management challenges of complex digital services, enabling an open and vibrant digital economy.

Already, Accenture, China Mobile, France Telecom-Orange, IBM, Microsoft Corp., Oracle, Telecom Italia, Telefónica Digital and Telstra have joined the group with the goals of providing executive guidance and support, including strategic direction and consultation; representing company and ecosystem interests to help shape TM Forum’s Digital Services Initiative; and acting as representatives for the initiative within their company and the broader industry as a whole, encouraging broader engagement and support.

With a global presence, TM Forum’s Open Digital Economy Group will drive the Digital Services Initiative to:

  • Accelerate the development of open, interoperable enterprise-grade digital services built on flexible cloud and network platforms;
  • Develop easy-to-manage multi-partner, multi-cloud service platforms to optimize end-to-end service integration across the ecosystem;
  • Collaborate across the ecosystem to agree on transparent language, KPIs and best practices for enterprise-grade digital services that consistently exceed customer expectations.

“The first decade of the digital revolution focused on the consumer, and the next will focus on the consumerization of the enterprise,” said Nik Willetts, chief strategy officer, TM Forum. “Enterprise-grade digital services ranging from enterprise IT-as-a-Service, to eHealth, Smart City and machine-to-machine are transforming companies and entire industries. But these services demand new levels of security, reliability and service assurance. Delivering these requirements necessitates an ecosystem that works together—and our Open Digital Economy group brings together industry leaders to do just that.”

For more information on the TM Forum’s Open Digital Economy Group or the Digital Services Initiative, please contact Nik Willetts at [email protected].

Separately today at Management World Americas, TM Forum released its latest Frameworx adoption survey results combined with the latest release of Frameworx 12.5; and the appointment of several new board members from across the digital services ecosystem. Please see TM Forum’s News Room for the latest news from Management World Americas.

Supporting Quotes:

“Success in digital services demands collaboration across the ecosystem: communications service providers delivering innovative services through partnerships,” said Monte Hong, managing director, Communications Industry Group, Accenture. “TM Forum has a key role to play in uniting the industry to overcome the end-to-end management challenges for new services, and we’re proud to join the Open Digital Economy Group to help make this happen.”

“As the Chinese communications market begins to mature, we see digital services as a significant opportunity for growth,” noted Mr. Liu Aili, executive vice president and board member, China Mobile Communications. “TM Forum and the Open Digital Economy Group will play a key role in leading the communications industry to a successful future in digital services.”

“Things are moving very rapidly in the new digital economy,” said Pascal Viginier, group chief information officer, France Telecom-Orange. “It is key to keep an open ecosystem where all service providers can play a role in the value chain and deliver a compelling and secure user experience for these new services. France Telecom-Orange strongly supports the TM Forum's Open Digital Economy Group and Digital Services Initiative.”

“Enterprise digital services will unlock the next wave of IT rationalization, and represent a very real opportunity for new growth in the communications sector,” said Scott Stainken, general manager, IBM Global Telecommunications Industry. “As a long standing member of TM Forum, we’re pleased to support the Open Digital Economy Group and its efforts to enable a vibrant ecosystem for digital services.”

“This initiative is important to help address challenges and deliver on the promises of the new digital ecosystem. Software, services and devices must be able to work together seamlessly,” said Bob De Haven, general manager, Worldwide Communications and Media Industries, Microsoft. “TM Forum’s Open Digital Economy Group is designed to bring stakeholders together and achieve the consensus needed to move forward.”

“The digital revolution creates significant growth opportunities for the communications industry, but it also changes the rules of the game,” noted Bhaskar Gorti, senior vice president and general manager, Oracle Communications. “As a leader in open interoperability and long-standing advocate of collaboration, Oracle strongly supports the goals of the Open Digital Economy Group and is eager to participate.”

“Digital has the potential to empower our customers to do things differently and drive huge efficiencies in the way we operate. We believe to do that requires open ecosystems and open access to digital services built on partnerships and open innovation,” said Brendan O’Rourke, chief information officer, Telefónica Digital. “TM Forum’s Open Digital Economy Group is an essential step toward driving the consensus needed to make that happen.”

About TM Forum:

TM Forum is a global, non-profit association focused on enabling service provider agility and innovation. As an established thought-leader in complex service management, the Forum serves as a unifying force across industries, enabling more than 900 member companies to solve critical business issues through access to a wealth of knowledge, practical tools, best practices and standards.

The Forum provides a fair and safe environment for collaboration across the value-chain to overcome the barriers to a vibrant, open digital economy. We help member companies of all sizes gain a competitive edge by enabling efficiency and agility in their IT and operations while protecting competitive differentiation. For more information, visit www.tmforum.org.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to impr...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...