In Pipeline Magazine’s latest Innovation Issue, LightRiver Chief Technology Officer, Dean Campbell, talks about the importance of NFV and its relevance in today’s technological world.
In the article, Mr. Campbell addresses exactly why NFV is here to stick around, citing that according to a report by ResearchandMarkets.com, “The global NFV market is expected to grow from USD 12,949 million in 2019 to USD 36,324 million by 2024, at a Compound Annual Growth Rate (CAGR) of 22.9 percent during the forecast period.”
It was also found that McKinsey estimates that operators who add NFV to any cloud or any 5G network will lower capital expenditures by 40 percent.
To find out exactly what NFV is, what it isn’t and its benefits and impacts in this day and age, click here to read the full article in the latest Pipeline issue on Innovation.
