Telecommunication and networking product and service companies are a large and important part of the technology sector in the United States and across the world. They literally connect all our other technology together and in this sense are an indispensable component of our modern, interconnected world. In the U.S. alone, the telecommunications industry accounted for $307 billion in annual revenue in 2014 and is projected to account for $326 billion by 2017.
Running a technology company such as a telecommunications business is not like most others. It has the additional challenges of the constant march of technology and executives have to know when to seize on certain developments and incorporate them into their business in order to stay ahead in the marketplace. Take Verizon and their FiOS high-speed internet service for example. Telecommunications companies saw that cable companies had a speed advantage over the DSL internet service that they could offer to customers. Executives, such as Shaygan Kheradpir, when he was at Verizon, saw the value of this new FiOS technology and did their best to implement it to compete more effectively in this ever-evolving market.
Shaygan Kheradpir has authored and co-authored many books and papers on the subjects of telecommunication and networking companies and their products and services and how to manage networks to improve companies in this industry. In addition to being an executive at Verizon when they were first starting to implement their FiOS service, he was CEO of Juniper Networks through most of 2014. He is perhaps most remembered, however, for his contributions while at Verizon where he was chief information officer and chief technology officer for 11 years. He was instrumental in introducing new Verizon products such as Verizon One and their Iobi phone service over the internet.
Companies in this industry need talented executives like Shaygan Kheradpir, who are well versed in computers and engineering and have a knack for looking ahead and seeing what will be the next big technology on the horizon. Tech companies need this type of vision because the one constant of technology is that it is never constant but rather is only constantly advancing. Other technology companies, such as Apple and Google, get far more of the spotlight, and they also need this type of vision. They need to see what the next big thing is, and sometimes they even take a part in shaping that next big thing by helping people to see what they need through their marketing efforts. All the high-tech gadgets in the world, however, are little more than expensive paper weights without the communication and networking technologies that enable people to do the things they need to do with them every day of their lives.