Total mobile operator spending on AI solutions will cross 15 billion USD by 2024
Rogers Communications recently announced that it will invest $7.74 billion in AI ( Artificial Intelligence) within the next three years. The announcement came weeks after the company reported network issues causing nationwide disruptions.
Chief Executive Officer Tony Staffieri said that the company had made progress on a formal agreement between carriers to automatically switch 911 calls to each other’s networks, even in an outage on any carrier’s network.
Staffieri added that the company is physically separating wireless and internet services to create an ‘always on’ network to help make sure the customers don’t experience an outage with both cellular and internet services again.
According to IDC research in early 2022, 63.5 per cent of telecom companies are actively implementing AI to improve their network infrastructure.
According to Juniper Research, total mobile operator spending on Artificial Intelligence (AI) solutions will cross $15 billion by 2024. While operators in developed regions, such as North America and Europe, will account for over 40 per cent of AI spending by 2024.