Today’s digital economy depends entirely on the speed and reliability of the networks across which information flows. And while it has become cliché to say the demands on the network are increasing, the facts bear this out: the number of Internet of Things (IoT) connected devices is set to triple—to 27 billion devices—over the next 10 years. Cellular connections will grow even more over the same period, by 85 percent to 2.2 billion, according to a recent study by Machina Research.1
The way customers use the network is also changing. The rise in popularity of cloud services is growing by double digits every year, including Infrastructure as a Service (IaaS) and Software as a Service (SaaS), which Gartner predicts will grow by 36.8 and 20.1 percent, respectively, this year alone. Users expect to be able to access these cloud services on any device, from any location and at any time, which places greater demand on the network both in terms of traffic volume as well as increased performance and reliability requirements.