Service providers like Verizon, AT&T and CenturyLink need to make money on NFV (network functions virtualization) as soon as it’s deployed — so naturally, they’re looking to business services as a key part of their strategy.
Service providers will initially leverage network functions virtualization (NFV) to deliver virtualized enterprise customer premises equipment (vE-CPE), or vBranch or enterprise vCPE services, to business customers.
Michael Howard, senior research director, carrier networks at IHS Markit, said in a research note that business vE-CPE can enable service providers to generate new revenue streams because it allows them to “replace physical CPEs with software so they can quickly innovate and launch new services.”