Cloud and the 5G economy

Communication Service Provider (CSP) spending on software and services will grow by eight percent until 2025. The main drivers of this growth are cloud and 5G with the two being inextricably linked. Cloud technologies are the foundation for much of the software that is required for a truly optimized 5G network. In the past moving applications to the cloud, whether private, public or hybrid, was viewed as a ‘nice to have’. Now it has become a necessity in order to meet the business agility and scalability required to capitalize on the opportunities of the 5G economy.