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New research highlights AI’s role in telecom industry transformation

Market News, Technology
TSXV:LMN
15 January 2025 12:23 (EST)
Image via Incognito Software Systems

(Source: Incognito Software Systems.)

A new industry analysis by Incognito Software Systems and Omdia reveals that the adoption of AI is accelerating across the telecom industry.

The report shows that 88 per cent of fixed broadband service providers are now investigating or trialing AI automation to enhance their services. Key use cases such as network monitoring, predictive maintenance, and resource optimization are driving significant cost savings and improving customer experiences.

Incognito Software Systems is a Lumine Group (TSXV:LMN) company and is a provider of broadband service orchestration, device management, and network intelligence solutions, collaborated with global technology research firm Omdia to conduct in-depth research on the use of AI in network operations. The report, based on a global survey of service provider representatives and interviews with senior technology executives across Latin America, North America, Europe, and East Asia, explores top use cases, benefits, and strategies shaping the adoption of AI-driven automation.

“AI is no longer just a buzzword, it’s a critical enabler for service providers as they look to automate operational processes in an effort to establish more efficient, high-performing networks,” Gary Knee, CEO at Incognito said in a news release. “By understanding how AI is driving tangible benefits today, service providers can better define their strategies, focus on the right areas of investment, and choose the right solution partners to accelerate their network journey.”

Key findings from the report

The full report, AI in network operation: A strategic initiative for telecom transformation, is now available to read in full here.

About Incognito Software Systems

Incognito Software Systems Inc. provides service orchestration software and services that help digital service providers manage the next-generation broadband experience. Founded over 30 years ago, Incognito has over 200 customers worldwide.

Lumine Group stock (TSXV:LMN) opened trading at C$38.76.

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