Telecom Standards: Business Values, Bodies, and Acronyms
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Business Values of Telecom Standardization for Operators
- Multiple sources of supply (decrease risk of sole supplier dependencies/lock-in, improve choice at competitive prices).
- Interoperability, e.g., multi-vendor networks, service interop.
- Assurance that investment in technology should not abruptly change or fail.
Business Values of Telecom Standardization for Vendors
- Network vendors can sell to all service operators, freed from vendor-specific R&D.
- Reduce customization.
- Build reputation / customer confidence - strong standards brand.
- Larger markets from wide adoption, greater economies of scale.
Types of Standards Bodies
- Accredited
- Treaty-based
- Partnerships
Telecom Acronyms Explained
- ITU: International Telecommunication Union
- IETF: Internet Engineering