HP helps Telcos with Network Functions Virtualization
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Designed to help the telecommunications industry accelerate innovation and launch new services faster, easier and with less expense through the virtualization of telecommunications core networks and network functions, HP(NYSE:HPQ) has reportedly introduced OpenNFV, a comprehensive Network Functions Virtualization (NFV) programme . The telecommunications industry is facing competitive pressure from over-the-top (OTT) players who are more agile, flexible and able to roll out revenue-generating services and appliances much faster than the communications service providers (CSPs) . Additionally, CSPs are faced with the rapid growth of rich media applications, which is slowing voice revenue and exploding network traffic. “NFV represents one of the most significant shifts the telecommunications industry has experienced in 20 years. HP’s OpenNFV Programme combines HP’s technology leadership with a strong partner ecosystem to e