Telecom Charging System Architecture

  5G is upon us and if the experts are to be believed, things are going to change fast. High-speed 5G connections are expected to be a revelation and 5G network slicing with QoS brings in a whole lot of options for the users. But when it comes to monetization, 5G requires its very own convergent charging approach. Staying Ahead of the 5G Game Telcos are looking at 5G as a great opportunity to win back the lost customers. I can be done by supplying them high-quality service, but more importantly at the right price. 5G monetization is an extremely tough challenge. Top companies have their own in-house departments coming up with the best 5G convergent charging platforms. So, it is vital that smaller players and the MVNOs also look to procure the best platforms. Below are some changes that are needed to be made in the current 5G service delivery and monetization for staying competitive and in sync with the future requirements: ·          Offline and online billing addressed via

Stay Relevant by Employing the Right Telecom Billing Solutions There are many telecom billing solutions that cater to the requirements of telcos. However, when you are in the market for a new online billing software solution, it can be hard to find one that will work well in the present and the future. To make this selection easy, below is a list of functionalities that you should tick before investing in a new software solution: 1.    Application Program Interface (API)  No matter how good your software solution is, there will be times when you want it to do something more. As customization and replacing the software can be a huge financial liability, you might shy away from launching a new service because of your doubts about your service monetization and billing capabilities. In these scenarios, partnering with a vendor that offers APIs for different business use cases can be a blessing. APIs can help you in meeting exigent requirements instantly. For example,

Cloud-based charging system has become a major requirement for telcos due to frequent disruptions in the telecom industry. The biggest reason for you to choose cloud-based telecom charging system architecture over traditional systems is the unmatched flexibility that it offers. Of late, telecom billing has become a battlefield filled with landmines. The frequent launch of new technologies coupled with a rise in competition has stretched telcos to their wits end. Emerging technologies like IoT have posed new requirements, which simply cannot be fulfilled with traditional telecom charging system architecture. READ MORE: tinyurl.com/y2rlymlr

Is your MVNE backing you off or not ready to develop as quick as you might want, Telgoo5 offers both adaptability and convenience. With such a large number of alternatives worked in your opportunity to market will be incredibly short.  At Telgoo5 we pride ourselves on being even more an accomplice than a merchant. Accordingly, we ensure that we plan normal calls with our telecom accomplices to ensure that they are advised of everything that we are doing at each phase of the game . Each MNO or MVNO is doled out an agent that has private information of their business and extreme objectives. This enables us to help them starting from the earliest stage, and have the option to help with any scaling needs continuously. We realize that scaling is a standout amongst the most testing occasions for any business, and we pride ourselves on giving out-of-the-case arrangements and an adaptable and strong stage to enable organizations to scale easily.  With CDR-based charging and

When a customer receives a bill that he did not expect, it is called a bill shock. Too many bill shocks and you, as an operator,  risk losing your customers . The situation is particularly grim for  MVNO  when it comes to bill shock. As they already have a smaller number of subscribers when compared with MNOs, a loss of customers can be back breaking for their business. After analysis, it has been proven that a faltering OCS is mostly the cause of bill shocks. Transform Your Fortunes with a Better OCS Your OCS directly dictates how well you are able to monetize your services and bill the subscribers. Therefore, you should always  pay special attention  to your billing software and especially the OCS. Below are some essential functions that you should look for in your  OCS system . Convergence  – The constant increase in the number of services offered by mobile operators has created a need for convergence in billing. Customers simply abhor the prospect of receiving too many

If your MNVO wants to have any chance of success, you need to have an excellent OCS to charge your customers accurately and regularly. One of the biggest hurdles that MNVO’s face is the fact that they are constantly having to prove their worth. People are still used to working with bigger  telecom companies  and might be suspicious of an  MNVO . Those of us who operate in the space understand that  MNVO s are the wave of the future, but some of your customers are still skeptical. That’s why it’s so important to make sure that your billing is on point. Otherwise, you’ll look like an amateur and run the risk of losing customers! Keep Your Customers Loyal with These 4 Tips   1. Ensure consistency in billing:  Any inaccuracy or delay in billing can cause your customers to lose faith in you. By ensuring consistency in billing, you can enhance customer trust in your services. 2. Keep customer information safe:  The information provided by customer

Although the launch of 5G is a great initiative in the race to match wired broadband speeds, its value for a telecom operator hinges upon several factors. Faster data connection may seem like a real boon for the subscribers, however, it does not automatically translates into profits for telcos. A lot was expected by telcos after the launch of 4G, which supplanted the erstwhile 3G connection. But instead of  bringing in new revenue streams , it dug a hole in their pockets as subscribers were lured away by OTT (over the top) platforms like  Netflix ,  Facetime  and Skype. Hence, it is imperative for a telecom operator to be proactive in his strategy while tackling 5G. One way of ensuring that you maximize the advantages offered by 5G is by investing in a real time charging system that monetizes all your offerings. 6 Important Features of OCS OCS ( Online Charging System ) is a real time charging system that is designed to match the current requiremen