Overcoming data misery: Why carriers urgently need a new approach to managing data resources

Description: Tracking assets is a painful process for every organization, regardless of industry. There are many reasons for the pain and suffering, but a lack of data isn’t one. The problem is millions of assets, multiple millions of processes and tens of billions of records. In the telecommunications industry alone, telcos, fiber operators and tower companies have assets — and therefore data — in fiber infrastructure, cable lines, cell towers, radio antennas, real estate, power supplies, service vehicles, customer records, spectrum licenses, permits, tenancyand infrastructure-sharing agreements and so much more. Companies are overwhelmed by ever-increasing volumes of unmanageable data. Resources are recorded, monitored and managed in siloed systems, including various kinds of databases, document management systems, project management software and, most of all, in Excel spreadsheets.