European Telcos: Which Future Operating Model?

R. Pritchard

Summary Bullets:

• Europe’s rumor mill is running at high capacity, but it’s becoming ever clearer that – despite the EU – in telecoms, the region remains a series of national markets.

• Activist investors, workforce reductions, fast-changing technology, hyper-competition, multiple layers of regulation, socio-economic changes, and the digitization of everything have got C-suite heads spinning.

Unsubstantiated reports in the press of BT seeking to replace its CEO, Philip Jansen, are typical of a market that is not entirely sure where it is going. Activist investors, cross-shareholdings, and in-country consolidation are confusing enough for the telco C-suite. Add to that, the complications of national and EU regulation, growing ESG requirements, employee ‘rightsizing,’ broad socio-economic and workplace changes, rapidly evolving technologies, the key role of digitization across all aspects of home and work life, plus the need to invest in both infrastructure and systems – it is no wonder that heads are spinning.

Cybersecurity Providers Must Approach 2023 with Product Simplicity and Consolidation in Mind

R. Muru

Summary Bullets:

• Vendors with wider portfolio and high growth product suites should focus on enterprise portfolio consolidation, with strong supporting business case.

• Vendors must factor in their revenue projections longer sales cycles and project delays on more complex cybersecurity deals in 2023.

Enterprise Trends:
As 2023 progresses, enterprises continue to face tough economic conditions. This year has already witnessed mass layoffs in technology and other sectors as organizations look to cut costs and streamline operations ahead of what is expected to be major reductions in consumer and corporate spending. IT budgets are expected to suffer as planned projects get shelved and executives reassess priorities.