Melbourne, 7 April 2016 – Ovum is accelerating investment and further integrating its telecommunications, media and technology capabilities to provide critical business intelligence to digital service providers and their technology partners to enable them to profit from innovation and fast-paced change in the TMT market. Ovum projects opportunity for TMT in the 2025 digital economy to be upwards of $4.8 trillion.

Ovum provides clients with industry-leading market intelligence, analysis and forecasts through proprietary data sets and a team of global experts who offer both a daily perspective and a considered view on the issues and technologies shaping the technology, media and telecommunications markets.

“We offer digital service providers and their technology partners the competitive advantage they seek to unlock the vast opportunities created by the intersection of the technology, media and telecommunications industries,” explains Ovum’s new Managing Director, Aneil Rakity.  “Our highly respected industry analysts provide a unique perspective and cutting edge insights on the topics that matter, giving our clients the ability to anticipate and profit from the fast-paced innovation occurring in their markets.”

Ovum analysts track, forecast and advise on how digital services are distributed and consumed, how they are enabled by new technologies, and the implications for the industry. Clients, including the world’s leading media, technology and communications organisations, rely on Ovum to guide their investment decisions and profit from opportunities globally and locally.  Ovum also works closely with leading professional services firms, financial services organisations, regulators and public sector bodies.  Services are delivered through ongoing subscriptions and bespoke consulting projects.

“I am incredibly excited by the changes we are making,” says Rakity.  “I have spent a significant amount of time with customers over the last three months and many cited Ovum’s ability to identify opportunities and help them profit from digital innovation as some of our key sources of value.  To support our clients, we have already increased our investment and coverage in key topic areas such as IoT, enterprise mobility, media services, payments, SME and OTT services. We are also growing our presence in key geographies.  For instance, in Asia Pacific we recently launched a new Chinese language service and in the United States, we are opening a new office in San Francisco. Underpinning all of that, we have a great team with a unique combination of industry, geographic and functional expertise.”

“These investments are just the beginning,” continues Rakity.  “Over the next year, our customers will see the benefits of significant investment in our services including additional analysts, added depth and reach of our forecasting capabilities and further enhancements to our delivery platform – ensuring that our clients have the business intelligence they need to make better decisions, faster.”

For further information, please visit the Ovum website at: www.ovum.com