The information age is driven by the need to spread information—synonymous
with knowledge or content. But many a time, this need is shadowed by the
broadband and the convergence hype, or the more visible, investment-intensive
fat optical pipes, and the broadband access technologies. And when they do not
fill up, comes the disillusionment. The discontentment.
There are many sceptics—even from advanced telecom markets—scoffing at
broadband being a non-event. In quite a contrast, we have markets like Korea,
Singapore and Hong Kong, reporting broadband home-penetration ranging from 15 to
40 percent and growing fast. Between these extremes, we can find the
differentiating factor that happens to be the ‘content’—the most important
‘C’ in the convergence of communication, computers and content. An
appropriate content to suit the local requirements and to meet the local
expectations.
Content Brings Revenue
Access—and for most of the awakened societies, it is
broadband access—is becoming just another plain vanilla service. What is
important to consumer, for which he or she is prepared to pay an extra buck, are
the services, applications or the content riding on it. The bottle or the cart
that carries it is losing importance, what is more important is the wine within.
With the advent of broadband, we are getting into the world of ‘content
communication’ from that of ‘communication’.
Content Explosion All Over Asia-Pacific
The tremendous success of telecom—both mobile and broadband—all
over the Asia-Pacific, i.e. in Korea, Japan, Hong Kong, Singapore, and now,
China, has at its center a huge determined effort to develop local content. We
have many lessons to learn from the way ‘i-mode’ (Japan) and ‘magix’
(Singapore) went about catalyzing the process of content development. The
motivation was clear: content is the pre-requisite for any knowledge-based
society. And for any country with a huge creative skills pool, that should be
the first goal, an undoubted opportunity to encash.
This mind-boggling content growth also brings up the issue of
growing digital divide, looming large to grow now at broadband speed. One finds
it uneasy to see many discussions focused on dangers of content regulation
rather than on ways to promote content creation.
A New Business Model
In this new business scenario, voice will have an
increasingly lesser role to play with reducing revenue streams. Whether one
believes in it or not, more and more revenue will come from content
transactions. So, billing will have to be done by content attributes rather than
by time, distance or access to the network. It is going to be a new paradigm.
Today’s Call Data Records (CDRs) record the conversation events and not its
content. There is an emerging need for platforms and multimedia content-delivery
systems over broadband, as well as solutions for billing, content and customer
management. Technology will also need to catch up.
Niraj K Gupta www.telecombyNirajGupta.com
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