End-to-End Product Lifecycle Management as a Strategic Framework for Innovation in Telecommunications Services
Abstract
The telecommunications industry is characterized by rapid technological advancements, shifting consumer expectations, and heightened competitive pressures, making innovation a critical driver of sustainable growth. End-to-End Product Lifecycle Management (PLM) provides a comprehensive framework for managing products and services from conception through retirement, offering telecom operators a structured approach to innovation and market responsiveness. By integrating strategy, design, development, launch, monitoring, and continuous improvement into a unified cycle, PLM enables organizations to streamline operations, optimize resource utilization, and align offerings with evolving customer needs. Within this framework, PLM leverages data-driven insights, predictive analytics, and cross-functional collaboration to enhance efficiency and reduce time-to-market for new services. In the highly dynamic telecom environment, this facilitates the rapid prototyping and testing of innovative solutions, ensuring that services are launched with greater precision and adaptability. Furthermore, PLM promotes customer-centricity by incorporating feedback loops that monitor service performance and user experiences, informing iterative refinements and future innovations. The ability to integrate customer data, network analytics, and competitive intelligence into lifecycle decision-making strengthens the relevance and differentiation of telecom offerings. Strategically, PLM supports telecom operators in navigating challenges such as market saturation, declining average revenue per user (ARPU), and increasing churn. It enables firms to balance innovation with cost efficiency while ensuring regulatory compliance and long-term sustainability. Beyond operational improvements, PLM fosters organizational agility and resilience, positioning telecom providers to anticipate market shifts and leverage emerging opportunities, including 5G, IoT, and digital services ecosystems. End-to-End PLM serves as a strategic framework that empowers telecommunications companies to drive continuous innovation, enhance customer value, and maintain competitive advantage. Its holistic, data-driven, and customer-focused approach ensures that innovation is embedded throughout the product lifecycle, making it indispensable for future-ready telecom service strategies.
How to Cite This Article
Omorinsola Bibire Seyi-Lande, Adesola Abdul-Gafar Arowogbadamu, Stanley Tochukwu Oziri (2020). End-to-End Product Lifecycle Management as a Strategic Framework for Innovation in Telecommunications Services . International Journal of Multidisciplinary Evolutionary Research (IJMER), 1(2), 54-64. DOI: https://doi.org/10.54660/IJMER.2020.1.2.54-64