Safeguard the Future of Your Business with a Reliable OCS System
As companies change their focus and become
more customer-centric, the importance of innovative telecom solutions has
increased. Especially when it comes to accuracy in billing, there is no middle
ground and you cannot survive without owning/leasing a robust and reliable telecom billing software. In today’s
telecom operations, the most critical element of is OCS. After many revisions
since its inception, OCS has improved dramatically and has become critical for
modern-day charging and rating applications.
What is an
OCS?
Online charging system better known as OCS is
a vital part of telecom billing architecture. It forms the real-time beating
heart of any BSS. Every customer exchange – whether it is event-based or
session-based – is accounted for by the OCS. It also features an Account
Balance Management Function (ABMF) that stores and updates vital subscriber
information. It is a great advancement in the telecom industry that fixes the
many anomalies/limitations of erstwhile IN and offline billing systems.
The Risks of
a Flawed OCS
An OCS is the most critical component of any
telecom operation. Whether you are an MVNO or a major network operator, you
should understand that your whole brand image depends on this vital resource.
As every user interaction is captured by OCS, it is crucial for all your
billing tasks. In case your OCS is flawed, it may lead to the creation of
error-ridden invoices that will be sent to your customers. If this happens,
then your customers will most likely switch their operator, which will spell
doom for your business. Therefore, you should put all your efforts in finding
an accurate OCS solution that can be trusted.
Vital OCS
Features You Should Be Concerned About
An OCS system has many attributes that determine its efficacy in any business
model. While different telecom operators may have their own preferences about
these features, there are some important attributes that are critical for all
telecom billing operations:
1.
Security
against hackers – The threat of hackers looms large over any business that is
done on the Internet. As an OCS is connected to the web at all times, you need
to pay special attention to the security measures employed by the OCS provider.
Without proper security, you risk losing all the goodwill generated over many
years in a matter of seconds.
2.
Scalability – The
subscribers of an operator keep on changing with time. Without a scalable OCS,
you are unable to keep up with the varying demand. Hence, scalability of the
OCS should be kept as a top priority.
3. Provision
for future technologies – An OCS should not only address the present-day requirements but
it should also be ready to meet the future needs. It should be able to fulfill
the requirements of highly-promising technologies like 5G and IoT. Without any
provision for future technologies, you might have to constantly change your OCS system, which is definitely bad for business.
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