Synthetic data for telcos
Increase customer understanding, test products, populate databases, reduce operational costs, create new revenue streams, and unlock data for all AI and analytics projects.
Why
Why do telcos need synthetic data alternatives?
“We are at a point where we know a risk exists and count on people saying they don’t care about privacy. It’s insane.” - Dr. Yves-Alexandre de Montjoye
Telecommunications companies are facing multiple challenges these days. Decreasing revenues, tightening regulations, shifting consumer expectations, plus there is an increasing demand for seamless data sharing. Regulators are tightening their grip on the sector and what was once standard industry practice is no longer acceptable. This results in recent fines hitting the industry, like Vodafone Spain’s record $9.72 million GDPR-fine.
How
How can synthetic data help telcos?
Synthetic data can provide an easy to access, fully GDPR-compliant data alternative. Synthetic data is ready to monetize and leverage in AIOps, analytics, and product development. Operational costs can be reduced, and new revenue streams can be created.
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