VMware Wins ‘Best Use Of Virtualization Tech’ in Telco
Last week at the TechXLR8 Awards in London, VMware and the company’s vCloud NFV solution were recognized as the award winner for “Best Use of Virtualization Technology.” VMware vCloud NFV allows communication service providers to create and launch new 5G and IoT services in a much more agile, flexible, cost effective, and scalable way.
VMware’s Honore LaBourdette, vice president of global market development for telco, said, “VMware continues to gain recognition and momentum as one of if not the leading network function virtualization platform for helping communications service providers accelerate their digital transformation. We’re excited that the judges recognized the success and value of our vCloud NFV platform in honoring us with this award.”
VMware’s vCloud NFV strategy hits on three major business cases for CSPs today: new service development and delivery for top line growth; cost optimization and reduction for bottom line improvement; and customer service/satisfaction resulting in subscriber retention and growth. With more than 80 NFV deployments by more than 45 CSPs serving more than 300 million subscribers worldwide, VMware vCloud NFV accelerates service innovation and delivery, reduces costs, and simplifies network operations. As virtualization is a prerequisite to 5G network buildout, VMware vCloud NFV delivers a platform for new service development today, with an architecture that will support implementation of 5G in the future. By deploying vCloud NFV platform, CSPs can build, provision and sell new services in days instead of months, positively influence customer quality of experience, and significantly improve OPEX and CAPEX.
The TechXLR8 Awards are part of TechXLR8, and celebrate innovation and excellence in the tech industry. Billed as a festival of technology taking you on a journey, between networks, tech and consumer services, TechXLR8 brought together multiple converging tech industries to celebrate innovations by leaders in the converging areas of technology including 5G, virtual & augmented reality, IoT, Cloud, connected automotive and artificial intelligence.