Openet has appointed Derek Hosty to lead Openet’s Actionable Data Solutions Business Unit. Joining from Telenor, Derek will manage the company’s solutions portfolio covering data management, analytics and artificial intelligence (AI).
Derek’s primary focus will be on addressing targeted business problems through the use of data, analytics and AI. As a critical asset, the Actionable Data Solutions Business Unit will support the use of data across the entire portfolio of the Openet business. Derek’s remit will also include qualifying and validating new solutions in Analytics and AI, as Openet looks to increase its offerings and capabilities in the space.
This will be Derek’s second stint at Openet, having previously held several senior positions as part of the strategy, product and sales teams. Prior to re-joining Openet, Derek was Director Technology Strategy, Data & Analytics at Telenor Group where he was responsible for contextual marketing, big data and network analytics in all thirteen Telenor markets, across Europe and Asia.
Most recently, Derek focused closely on addressing the challenges of GDPR, and assessing and guiding software vendors, system integrators and business units to ensure the right processes and data governance were in place for Telenor.
The announcement comes as Openet continues to blaze a disruptive trail within the industry, calling for change amongst the vendor and operator communities. Openet recently published an industry manifesto denouncing existing vendor/operator model as ill-fit for innovation and transformation.
The ‘Changing the Game: Fixing the Broken Operator/Vendor Model’ whitepaper can be downloaded here.
Derek holds a Bachelor of Technology in Information Technology & Telecommunications degree from the University of Limerick, Ireland.
Niall Norton, CEO, Openet
We’ve recently seen how much emphasis service providers are placing on data, analytics and actionable insight to drive much-needed revenue. Operators now understand the value of properly understanding subscribers to deliver targeted offers and services.
Derek Hosty, Head of Data Analtics, Openet
Data, analytics and AI are a vital part of digital transformation and many are looking for thought leadership and real solutions to their problems. It’s really important that vendors have the right solutions and capabilities to guide service providers through this journey of change.
