On the applications of efficient NFV management towards 5G networking

The paper leverages the emerging paradigm of Network Function Virtualization (NFV) in an attempt to outline from the network management point of view the current trends on the road to 5G region. To that end, relevant architectural frameworks and concepts have been presented and the anticipated network densification through the notion of Edge Cloud has been discussed.Within this context, added value assets that can be generated by following some of the analysed principles have been also included. Finally, open issues and challenges with respect to the NFV functionalities and their materialization according to 5G requirements have been elaborated and some key new concepts about network and small cell virtualization have been introduced.