The 5G will not only be a kind of progress of mobile broadband networks but will also create a set of novel and unique network and service capabilities, structuring a form of a sustainable and scalable technology. Based on the context of the on-going progress of the actual “5G-ESSENCE” EU-funded project and, in particular, upon its innovative architecture that combines a variety of features from network functions virtualisation (NFV), mobile-edge computing (MEC) and cognitive network management resulting in a pure software-driven environment in nature, we identify the importance of telemetry and analytics. These latter features are expected to play an important role in the 5G ecosystem, especially for the realisation and support of dynamic cognitive management of the 5G ESSENCE network architecture. The Cloud Enabled Small Cell Manager (CESCM) which is a “core” element of the corresponding 5G ESSENCE architectural framework encompasses telemetry and analytics as essential tools for automated and fine grained management of the network infrastructures. To this aim, we have proposed the inclusion of three distinct modules (telemetry, analytics and orchestration) to enhance the original 5G ESSENCE architecture.