In this news, we discuss the Telecom a force-multiplier for all sectors, should be seen as essential service, enabler: COAI DG.
The telecommunications sector with transformative powers is called to be a force multiplier for other sectors, and the government must view it as an essential service and a catalyst for industries, not as a lucrative sector to attract revenue. , the industry body COAI said on Wednesday. Speaking at a virtual event hosted by industry think tank BIF, Cell Operators Association of India (COAI) Managing Director SP Kochhar said the advent of the 5G means that artificial intelligence, augmented reality, virtual reality, robotics and other futuristic technologies will “grow and participate in telecoms and vice versa”.
“This sector will strengthen itself as a force multiplier, and all other sectors will build on this telecom base,” Kochhar said. In this context, telecommunications should be seen as a “different room” as it is now a horizontal plane with a transformative impact in all sectors, he stressed.
At this point, the government sees telecommunications as a lucrative sector to attract revenue and taxes. And that may not be the way they should look at telecommunications anymore because of its changing nature, Kochhar said. “The income that they get from telecommunications, if we see that as a primary source of income and an increase in the income that they get from industries using telecommunications, I call it secondary income… that secondary income will exceed by far from what they could have gotten from primary income. “Thus, their responsibility becomes to consider telecommunications as an essential service like water and electricity, which means that they must ensure that this is made robust and that the quality of service to subscribers is ensured”, did he declare.
New technologies and 5G will change the way people work, with an emphasis on requalification and recycling. “There is going to be a major change in the availability of jobs, current jobs as we know them are in danger of disappearing, new jobs doubling in the cognitive domain will appear and there will therefore be a requirement for requalification and retooling. ourselves, ”he says.
Kochhar said he was speaking at the virtual dialogue on “Digital Transformation: Path to the Era of the Exabyte” hosted by Broadband India Forum (BIF). Addressing the event, Himanshu Kapania, vice president of Aditya Birla Fashion and Retail (ABFRL) said digital disruption is “inevitable”. Kapania said multi-pronged strategic levers covering aspects such as digital, innovation, requalification, data and collaboration will be essential to make businesses ‘digitally ready’ and ‘future proof’ .
Data is “immensely valuable” and “an untapped asset” and needs to be made more accessible and actionable while overcoming privacy and security challenges, he added. Every business should have an innovation strategy to determine how much emphasis is placed on technological innovation and investment in business model innovation.
In addition, aligning workforce and human resources strategy with digital vision and business strategy will be important for companies, he said. While digital and technology will make many existing jobs redundant, increasing existing jobs with technology is expected to create new tasks and opportunities for the workforce, he said, adding that it would be essential to retrain and strengthen the skills of the existing workforce.
- Speaking at a virtual event hosted by industry think tank BIF, Cell Operators Association of India (COAI) Managing Director SP Kochhar said the advent of the 5G means that artificial intelligence, augmented reality, virtual reality, robotics and other futuristic technologies will “grow and participate in telecoms and vice versa”. “This sector is going to become a force multiplier, and all other sectors will build on this telecommunications base,” Kochhar said.
- Telecommunications, a force multiplier for all sectors, must be seen as an essential service, facilitator: DG COAI