A Survey on Network Functions Virtualization for Telecom Paradigm

Network functions virtualization (NFV) technology is an emerging networking technology in the telecom industry which provides flexible deployment of network services by reducing the Operating Expenses and Capital Expenses. NFV is an innovative step to virtualize network services that usually run on fixed hardware. With the concept of NFV, services like routing, load balancing, deep packet inspectors and firewalls are packaged as virtual network functions (VNFs) on commodity hardware. NFV helps the service provider to flexibly add that service in the form of a virtual machine (VMs) without upgrading or buying a new hardware on the customer end. This allows a faster deployment of the all the network services with new innovations and helps in increasing great opportunities in the field of telecom-networking. This paper provides an information about NFV technology with its characteristics, enabling technologies, benefits, use cases and challenges. NFV architecture and its comparison with Software Defined Networking (SDN) technology is also presented in this survey paper.