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Describe the technological features of and the role of standards in the telecommunications network equipment industry? How does technology add value for customers in this industry?
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CISCO Systems and Telecom Network Equipment Industry Describe the technological features of and the role of standards in the telecommunications network equipment industry? How does technology add value for customers in this industry? Industry Background: The networking industry started in late 1970's with the widespread use of IBM proprietary computer architectures which used "dumb" terminals connected to the mainframe computer. As the trend towards the "distributed processing increased, the companies felt a strong need to integrate their desktop so that information can be shared. Further, the movement towards open standards in data processing and transmission gave impetus to the industry. As industry became more mature, the equipment providers which formed the core of the industry focused on two areas: 1. Increasing the efficiency of transmission through packaging data within various protocols. 2. Compression technologies and increasing absolute bandwidth which increases the amount of data, or the size of the data packet that can...
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