New BearingPoint//Beyond study: 97% of global enterprises are willing to purchase ICT services from Communication Service Providers, but immediate action is needed on investment priorities, innovation and partner ecosystems

Amsterdam / London, June 27, 2019 –BearingPoint today launched new research conducted by BearingPoint//Beyond, its digital platform solution unit, that validates the multi-trillion-dollar enterprise ICT sales opportunity facing Communication Service Providers (CSPs). The study surveyed 250 decision makers in enterprises in Europe, Asia and the USA, and found that 97 percent of organizations were willing to purchase ICT services from CSPs. The study also investigated the approach and changes 100 CSPs are making to address this massive opportunity with their enterprise customers.

The research discovered that if CSPs are to successfully claim their share of a market estimated to be worth USD$3.6 trillion by 20221, they must re-align their investment strategies and offer reassurance to enterprises that they will accelerate innovation and speed to market, invest in better understanding their customers’ business needs and improve collaboration with other valued partners.  

Angus Ward

Enterprise IT spending is huge, growing fast, and one of the last untapped growth engines for CSPs in saturated markets. Enterprise will be pivotal to 5G and IoT. The research makes for positive reading in the main – there is an obvious opportunity for CSPs to capitalize on - but there are obstacles they must overcome. Among them, they must prioritize investment in enterprise, junk overly bureaucratic legacy processes and policies that slow them down and commit to understanding and engaging with enterprise customers differently. Critically, CSPs must act quickly – if not, they stand to lose out to more agile and open competitors.

Angus Ward, CEO BearingPoint//Beyond

The study identifies six critical areas of improvement for CSPs, the more prominent three are:

1. Improve levels of investment to drive enterprise revenue

  • 47% of operator executives expect the enterprise segment to be their organization’s main revenue source in 2-3 years
  • But only 31% expect this segment to be their main focus for investment. CSPs must better align their investments with revenue drivers or they will lose out

2. CSPs need to remove overly bureaucratic processes and legacy technology that is stifling innovation to rapidly meet the needs and expectations of enterprise customers

  • 39% of enterprises pointed to challenges around innovation and solution relevancy in working with CSPs in the past
  • Only 26% of enterprises see CSPs as a key partner for new and innovative ICT services today
  • When asked how CSPs can become preferred IT partners, the most popular enterprise response was for CSPs to collaborate with other vendors to provide complete, “joined up” solutions

3. CSPs must accept they can’t do it alone, build an ecosystem of valued partners and draw on their relevant skills, expertise and technology to better serve enterprise customers

  • 86% of CSPs recognize that third-party collaboration is important. However, just 12% of CSPs have ecosystems in place today and only 33% are “fully engaged” in developing high quality partnerships
  • More than half (54%) of CSPs admitted their current IT systems do not support seamless orchestration and settlement within a partner ecosystem
  • 51% of enterprises regard digital disruptors such as Google and AWS as key sources of products and services. However, only 32% of CSPs currently partner with these disruptors, and only 37% expect to do so in two years.
Angus Ward

CSPs must make some tough decisions. 5G’s arrival in the next year or so means they have to make the enterprise segment their top priority and allocate the necessary resources to support it - even at the expense of their consumer businesses. CSPs are already losing enterprise business to more agile digital players. This trend will continue unless they act now. They must abandon traditional, restrictive product development and replace it with leaner, more agile operations that encourage innovation, speed and experimentation. CSPs need to significantly improve their understanding of enterprise customers and the industries in which they operate, in order to become legitimate partners. The goal for CSPs must be to become the orchestrators of diverse technologies and third-party solutions that fulfil the varying technology needs of different enterprises. Partnerships and, in particular, ecosystems plug CSP knowledge, technology and solutions gaps, and also encourage fresh ideas and new ways of thinking.

Angus Ward, CEO BearingPoint//Beyond

To download a free copy, please visit “Mind the gaps: six reasons why CSPs could miss out on the multi-trillion-dollar enterprise IT opportunity”.

1Gartner [Enterprise IT Spending by Vertical Industry Market, Worldwide]

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in four units: Consulting, Solutions, Business Services, and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, advanced analytics and regulatory requirements; Business Services provides managed services beyond SaaS; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.

About BearingPoint//Beyond

BearingPoint//Beyond is a solution unit of BearingPoint, focused on helping organizations reinvent their business model and grow their revenue by utilizing digital platforms.

For more information, please visit:

BearingPoint//Beyond homepage:
Annual Report:

Press contact

Alex Sowden or Hannah Davies
Tel.: + 44 (0)203 906 6192

Press contact

Alexander Bock
Global Senior Manager Communications
Telephone: +49 89 540338029

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