Value added services: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Techopedia https://www.techopedia.com/definition/25234/value-added-service-vas & Centre for Technology, Finance and Entrepreneurship & BD innovations https://bd-innovations.com/top-5-value-added-services-for-5g/) |
imported>Doug Williamson m (Correct typo.) |
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1. ''Telecommunications.'' | 1. ''Telecommunications.'' | ||
In telecommunications, a value added service is any non-core feature or function of the | In telecommunications, a value added service is any non-core feature or function of the telecommunications service, provided at little or no additional cost to the user, and adding value to the core offering. | ||
Historically, this meant any non-voice feature. | Historically, this meant any non-voice feature. | ||
| Line 14: | Line 15: | ||
*Smart-home energy management | *Smart-home energy management | ||
:<span style="color:#4B0082">'''''VAS | |||
:<span style="color:#4B0082">'''''VAS revenues could exceed connectivity'''''</span> | |||
:"According to Frost & Sullivan, the value-added service element of 5G could contribute more to revenues in this new sector than the underlying connectivity itself." | :"According to Frost & Sullivan, the value-added service element of 5G could contribute more to revenues in this new sector than the underlying connectivity itself." | ||
:''BD Innovations - April 2021'' | :''BD Innovations - April 2021'' | ||
2. ''Other services and products.'' | |||
More broadly, any similarly value-enhancing non-core service, provided to the user at a low cost, or no additional cost. | |||
For example, in logistics services, packing, or collection from the customer's own premises. | |||
| Line 27: | Line 36: | ||
* [[Internet]] | * [[Internet]] | ||
* [[Intranet]] | * [[Intranet]] | ||
* [[Logistics]] | |||
* [[Service]] | * [[Service]] | ||
* [[Telco]] | * [[Telco]] | ||
Latest revision as of 08:16, 6 May 2021
(VAS).
1. Telecommunications.
In telecommunications, a value added service is any non-core feature or function of the telecommunications service, provided at little or no additional cost to the user, and adding value to the core offering.
Historically, this meant any non-voice feature.
As the number of standard functions increased, the scope of value added features has expanded to include:
- Mobile data management
- Entertainment
- Security
- Smart-home energy management
- VAS revenues could exceed connectivity
- "According to Frost & Sullivan, the value-added service element of 5G could contribute more to revenues in this new sector than the underlying connectivity itself."
- BD Innovations - April 2021
2. Other services and products.
More broadly, any similarly value-enhancing non-core service, provided to the user at a low cost, or no additional cost.
For example, in logistics services, packing, or collection from the customer's own premises.
