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Tag Archive for: wireless telecommunications

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Risk Management Trends and Observations for Wireless Telecommunications Manufacturing

2012 was indeed a challenging year for the wireless manufacturing industry. Apple led the way in the industry. Demand was driven by consumers that wanted more. While the industry continues to be bright in selected areas, the industry was not without its challenges.

In order to succeed in 2013 and beyond, the industry must get better at managing its business challenges. These challenges include the rapid change of technology, dependence on large corporate customers, their ability to negotiate exclusive contracts where possible and management of the supply chain.

But the firms that can take the flip side of “risk” and turn it into “opportunity” are those that can innovate new ways to evolve their network infrastructure and better serve the customer that needs a variety of connectivity solutions. They also must get in front of the risks associated with deregulation and intellectual property protection and grab the reins of opportunity in cloud computing.

TechAssure members know that a successful insurance and risk management program addresses general business risks, as well as risks associated with your industry and risks specific to your company.

Give a TechAssure member a call to find out more about our insurance products and risk management solutions.

 

 

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Risk Management Trends and Observations for Wireless Telecommunications Services

January 4, 2013 – 2012 was a challenging year for the wireless telecommunications services industry. While the industry continues to be highly concentrated, the competitive landscape was stiff and the firms were not without challenges.

In order to succeed in 2013 and beyond, the industry must get better at managing the business challenges. That includes the rapid change of technology, continued labor union challenges in selected areas, the high dependence and risks associated with third-parties and the importance of selecting good business partners.

But the firms that can take the flip side of “risk” and turn it into “opportunity” are those that can make the most of advertising revenues, find ways to reduce customer churn and continue to keep the technological pace with the latest devices and applications.

TechAssure members know that a successful insurance and risk management program addresses general business risks, risks associated with your industry and risks specific to your company.

Give a TechAssure member a call to find out more about our insurance products and risk management solutions.

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