Because hardware life-cycles have become shorter and technology and service innovation is accelerating, service providers are looking to the cloud for solutions to business and consumer needs for access to data, services and supplies.
Network Functions Virtualization (NFV) in conjunction with Software Defined Networking (SDN) is anticipated to reduce equipment costs and power consumption “through consolidating equipment and exploiting the economies of scale of the IT industry,” according to a recent introductory white paper.
As well, Network Functions Virtualization is expected to enable network operators to bring new innovations and further evolution to the market in a shorter roll-out time than is currently possible.
In addition, network operators will be able to more readily share resources across services and customer bases and target services based on geography or customer sets.
Naturally, network operators will need to be assured that the security, resilience and availability of their networks are not compromised as virtualized network functions are introduced.
There are, of course, challenges to be met before NFV is implemented on a large scale. It is certainly an immature technology. Its reliability is an unknown quantity and there is a question as to how close operators are to being able to in the cloud environment.
However, NFV is only one year old having been introduced at last year’s SDN & OpenFlow World Congress in Darmstadt, Germany. And there is vast opportunity to define and develop new resources to improve services AND new sources of revenue for companies who are on the leading edge.
In the Mind Commerce report, Virtualization in Cloud Computing, Network Infrastructure, Software Services and Platform Services, we evaluate virtualization within the context of Cloud computing, Network Infrastructure, Software Services and Platform Services. The report includes analysis of virtualization opportunities and challenges, use cases, predictions, and forecast through 2014 for the special case of virtualization within telephony: Network Function Virtualization (NFV).
Article by: Brenda Spandrio, Marketing Manager