Why Eutelsat OneWeb's Business Model is so successful?
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Eutelsat OneWeb’s Company Overview
Eutelsat OneWeb is a leading global communications company that is dedicated to bringing connectivity to everyone, everywhere. Established through a partnership between Eutelsat Communications, one of the world's leading satellite operators, and OneWeb, a pioneer in low Earth orbit (LEO) satellite technology, Eutelsat OneWeb aims to bridge the digital divide on a global scale. The company's portfolio includes state-of-the-art satellite networks, ground infrastructure, and user terminals. Its mission is to provide reliable, high-speed, low-latency broadband services to unserved or underserved areas around the world, including remote locations, maritime, and aero markets.
Eutelsat OneWeb's business model revolves around deploying and operating a constellation of LEO satellites. The company provides a platform for delivering high-speed, low-latency internet services to many customers. It collaborates with telecom operators, internet service providers, governments, and enterprises to offer broadband connectivity solutions. Eutelsat OneWeb's technology is designed to support various applications, from fixed broadband and cellular backhaul to IoT and mobility services.
The revenue model of Eutelsat OneWeb is primarily based on selling broadband services to its customers. The company generates revenue from the sale of its services to telecom operators, internet service providers, governments, and enterprises. It also makes money through the sale of user terminals and other ground infrastructure. Additionally, the company generates income from partnerships and collaborations with other companies in the telecommunications industry. Eutelsat OneWeb's innovative approach to satellite broadband, combined with its strategic partnerships, allows it to tap into a wide range of markets and customer segments, thereby creating multiple revenue streams.
Headquater: London, England, UK
Foundations date: 2012
Company Type: Subsidiary
Sector: Telecommunications
Category: Aerospace
Digital Maturity: Digirati
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Eutelsat OneWeb’s Business Model Canvas
- OneWeb Ltd
- Airbus Defence and Space (manufacturing partner)
- Qualcomm Inc. as an investor and technology partner
- Virgin Galactic's manufacturing arm with a contract for 39 satellite launches using the LauncherOne
- SpaceX and Blue Origin also bid for the project
- Bharat Sanchar Nigam and Hughes Communication India to provide broadband in remote areas
- SpaceX
- Eutelsat
- Network
- Development
- Satellite manufacturing and deployment
- Telecommunications services
- Satellite operation
- Product roadmap
- Technology development
- Sales
- Customer support
- Legal
- EUTELSAT COMMUNICATIONS (Satellites communications operator)
- Intelsat (telecommunications company)
- WorldVu (satellite constellation)
- Military applications
- Software
- VSAT terminals and CPE
- Engineering support
- Geostationary satellites
- Regulatory licenses
- Teleports worldwide
- 24/7 technical support
- Fully redundant backend infrastructure
- Teleports (Europe, Americas and Asia)
- Its own range of highly efficient antennas
- Satellites constellations
- To bridge the digital divide by connecting lost markets
- To provide affordable Internet access for everyone
- To bring cheap internet access to every part of the world including the oceans
- To connect every school on Earth and bridge the digital divide
- To permit mass adoption of immersive educational technologies across every single country of the world
- To let the benefits of Internet access “light up”in the least developed countries to the same extent that they have in more developed countries
- Frequent communication
- Personal assistance
- Quality
- Satellite-on-Demand
- Performance
- Trust
- Mobile network operators
- Internet service providers and government and professional users of Data and video services
- Infrastructure
- Space centers
- Teleports
- Ground stations
- Fleet of satellites
- Dedicated network operating centers
- Network of international offices
- Trading partners
- Website
- Newsroom
- Social networks
- Events and conferences
- Satellite technology
- Satellite Construction and launch
- Maintenance
- Hardware
- Provision of satellite-based telecommunication services to international telecommunications operators and broadcasters
- OneWeb's business partners will provide never-before available broadband capacity
- Sale of Hardware
- Satellite Telecommunications services
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Try it freeEutelsat OneWeb’s Revenue Model
Eutelsat OneWeb makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Space technology
- Solution provider
- Best in class services
- Knowledge and time
- Direct selling
- Licensing
- Performance-based contracting
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Data as a Service (DaaS)
- Technology trends
- Ecosystem
- Open innovation
- Collaborative production
- Disruptive trends
- Integrator
- Orchestrator
- Subscription
Eutelsat OneWeb’s Case Study
Eutelsat OneWeb's CASE STUDY
As we embarked on our exploration of Eutelsat OneWeb, we quickly realized that their mission of providing reliable, high-speed, low-latency broadband services to the farthest corners of the Earth is nothing short of revolutionary. At the heart of Eutelsat OneWeb's operations lies a powerful combination of cutting-edge satellite technology and an unwavering commitment to bridging the digital divide.
Transforming Connectivity: The Genesis of Eutelsat OneWeb
Eutelsat OneWeb was born from a strategic partnership between Eutelsat Communications and OneWeb. Eutelsat Communications has a robust history as one of the world's leading satellite operators, while OneWeb has been a pioneer in low Earth orbit (LEO) satellite technology. Established in 2012 and headquartered in London, Eutelsat OneWeb strives to achieve a global impact by making broadband accessible, particularly in unserved or underserved areas, including remote locations, maritime, and aero markets.
According to the International Telecommunication Union (ITU), nearly 37 percent of the world's population remains unconnected to the internet (ITU, 2022). Addressing this gap, Eutelsat OneWeb's primary objective is to offer connectivity solutions that enable a gamut of applications, from fixed broadband and cellular backhaul to IoT and mobility services.
Technological Prowess: Eutelsat OneWeb’s LEO Satellite Constellation
The backbone of Eutelsat OneWeb's business model revolves around its ambitious deployment of a constellation of LEO satellites. These satellites are designed to provide high-speed, low-latency broadband services, a significant improvement over traditional geostationary satellites. As per recent data, Eutelsat OneWeb aims to deploy a constellation of 648 satellites, with approximately 428 already in orbit as of June 2023 (OneWeb, 2023).
One of the unique aspects of Eutelsat OneWeb's technology is its low-latency capabilities. Traditional geostationary satellites orbit at an altitude of approximately 36,000 kilometers. In contrast, Eutelsat OneWeb's LEO satellites orbit at just 1,200 kilometers. This reduced altitude allows them to provide latency as low as 50 milliseconds, making it suitable for real-time applications such as live video streaming and online gaming—functions where every millisecond counts.
A Multi-Faceted Revenue Model
Eutelsat OneWeb has developed a diversified revenue model that capitalizes on various market opportunities. Primarily, the company generates revenue from selling broadband services to telecom operators, internet service providers, enterprises, and governments. Additionally, Eutelsat OneWeb sells user terminals and other ground infrastructure, facilitating seamless connectivity for end-users.
Strategic partnerships are integral to Eutelsat OneWeb’s revenue streams. Key alliances include reputable names like Airbus Defence and Space for satellite manufacturing and Hughes Communication for extending broadband services in remote areas (OneWeb, 2023). These collaborations not only enhance Eutelsat OneWeb's technological edge but also broaden its market reach, creating multiple avenues for revenue generation.
Customer-Focused Approach
Eutelsat OneWeb places a paramount focus on addressing the unique needs of its varied customer segments. By providing affordable Internet access across the world, including oceans and remote wilderness, the company aims to empower communities and facilitate economic development.
Our customer relationships are built on trust and a commitment to providing high-quality service. This is evident in their frequent communication and personal assistance efforts that ensure customer satisfaction. According to Gartner, companies that prioritize customer service are 60 percent more likely to retain their clients (Gartner, 2022).
Market Impact: A Case in Point
One striking example of Eutelsat OneWeb’s impact is its collaboration with the Indian government to extend broadband services to remote areas. India, home to over 1.3 billion people, has a significant digital divide with millions lacking internet access. Partnering with Bharat Sanchar Nigam and Hughes Communication India, Eutelsat OneWeb has prioritized delivering high-speed broadband to these remote and underserved regions (Economic Times, 2022).
This initiative aligns perfectly with Eutelsat OneWeb's value proposition of bridging the digital divide by connecting parts of the world traditionally left behind by technological advancement. The impact on education, healthcare, and local economies can be life-changing, fulfilling both functional and emotional customer needs.
Key Insights and Lessons Learned
One critical takeaway from Eutelsat OneWeb's journey is the immense potential of collaborative ecosystems in driving innovation and market growth. By leveraging strategic partnerships and investing in cutting-edge technology, Eutelsat OneWeb has positioned itself as a disruptive force in the telecommunications sector.
Moreover, Eutelsat OneWeb's focus on making Internet access affordable and reliable worldwide demonstrates an exceptional blend of business acumen and social responsibility. Their approach is a testament to how businesses can align profitability with purpose—a lesson all organizations can learn from.
Conclusion
Eutelsat OneWeb's intersection of advanced LEO satellite technology, strategic partnerships, and mission-driven goals makes them a unique player in the telecommunications and aerospace sectors. Their journey towards bridging the global digital divide exemplifies how innovation, combined with a keen understanding of market needs, can create meaningful impacts across industries and geographies.
Their ongoing efforts will undoubtedly continue to reshape the landscape of global communications, driving forward a future where everyone, everywhere, has the opportunity to connect.
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