SoftBank joins TM Forum as IT transformation imperative impacts telecom industry
TM Forum, the industry association driving digital transformation through collaboration, has announced that SoftBank Corp. has joined the organisation in order to benefit from TM Forum’s Collaboration program, Open APIs, Open Digital Architecture and Frameworx best practices and standards, including the Business Process Framework (eTOM) and Information Framework (SID).
With SoftBank, ten of the world’s top ten communications service providers are now TM Forum members.
SoftBank’s IT transformation
SoftBank is a carrier that operates in a wide variety of business areas, including mobile and fixed-line telecommunication services for consumers and enterprises, and cloud, AI and IoT solution services for enterprises. A digital service provider, SoftBank is undergoing IT transformation focused on defragmenting its IT systems and upskilling its staff for the digital decade ahead.
On joining TM Forum, Keiichi Makizono, SVP and chief information officer, SoftBank said, “In 2020, we will start to see the global adoption of 5G which will in turn drive digitalisation across a variety of industries.
SoftBank is moving into this new era by focusing on building a next-generation telecommunication system which requires IT and business agility and the creation of a digital workforce. We are thrilled to join the TM Forum community and collaborate with like-minded ecosystem partners and operators to build the industry’s future together.”
Welcoming SoftBank to the Forum, Nik Willetts, CEO, TM Forum, added, “Businesses around the world are waking up to the importance of business and IT agility to being able to thrive in the 5G era.” He added, “On behalf of our global member community, I warmly welcome SoftBank and look forward to their active participation in our collaborative industry transformation programmes. In this new decade it is more important than ever to collaborate to compete and transform to create open digital ecosystems and unlock business growth.”
TM Forum is an association of over 850 member companies, including all the top communications service providers, that generate a combined US$2 trillion (€1.8 trillion) in revenue and serve 5 billion customers across 180 countries.
It aims to drive collaboration and collective problem-solving to maximise the business success of communication and digital service providers and their ecosystem of suppliers around the world.