Telecom industry is frequently going through transitions after transitions. New services are flooding the market and forcing telcos to evolve quickly. Both billing and operation support are under great pressure. The scale of resource utilization for 5G and IoT services is immense. Therefore, it is crucial that telcos improve their operations support system and billing and provisioning software solutions to deliver better services to their subscribers.
Traits of the Best Billing Software in 2021
In today’s time, it is imperative that you use convergent billing solutions that are empowered by a true real-time online charging system. Such a system has the following traits that can come in really handy:
Adherence to evolving telecom billing system architecture as per 3GPP
Meeting the requirements posed by 3GPP technical specifications is paramount. A telecom operator that meets these requirements can ensure complete revenue assurance. At Telgoo5, you get a compliant telecom billing software that delivers on every front.
Powered by APIs
Most billing and provisioning software are similar but differentiated by their APIs. Telgoo5’s APIs are geared to meet the immediate and futuristic requirements. It delivers on every front including business support and operational support.
Intuitive interface for quick plan deployment
To beat the competition, not only you have to create your plans quicker but also deliver before your competitors. Telgoo5 interface is easy to use and allows you to perform every action at lightening speed.
Global Operations Support System (OSS) Market By Sources, End-Users and Region The report on the global Operations Support System (OSS) Market is derived from intense research, conducted by a team of industry professionals.
The report also provides information on the technological advancements taking place in the Global Operations Support System (OSS) market, helping the market vendors to increase their business productivity and operational efficiency.
The report categorizes the Global Operations Support System (OSS) market into segments, based on various attributes and features of the products or services.
The base year for the research is 2020 and the research would extend to the forecast period 2027.Some of the key players’ Analysis in Global Operations Support System (OSS) Market Cell Comptel,Convergys,Oracle,Elitecore Technologies,HP Development Company,Intec Systems Ltd.,Subex Limited,Redtech Network India Pvt.
One goal is to present deeper insight into this line of business in this document.
The first part of the report focuses on providing the industry definition for the product or service under focus in the Global Operations Support System (OSS) Market report.
The responsibilities of a telecom services operator keep on changing with each passing year.
Depending on what’s new, it has to upgrade its in-house systems, networking platform, devices, firmware etc.
As telecom giants and even small-scale virtual operators (MVNOs) keep vast volumes of data in their servers, they need to invest in the best billing software in terms of security.Invest in a Proven Billing and Provisioning SoftwareTelecom operations of today are way more complex than what they were in the past.
As a result, there is a greater burden on telecom operators as they have to account for a varied catalog of services.A proven billing and provisioning software like Telgoo5 accounts for every service and every dynamic in the telecom industry.Powered by a revolutionary Online Charging System (OCS), Telgoo5 charges every service in real-time.
Hence, there is complete revenue assurance and the services can be consolidated as part of a single package.OCS implement credit limits accurately, which means if you are selling high-value services such as 5G, the customers would never be put in a position where they have to pay more than what they have used.
Complete accountability of service use is an essential feature in today’s time and Telgoo5 does that better than most other software available in the market.For even IoT MVNE and MVNO, the role of telecom billing software's immense.
Business support systems and operations support service tools provide automation, as well as provisioning management systems to help companies be more efficient.Manual provisioning was effective in the past.
It leaves more room for errors which could lead to a higher customer churn rate.Software companies like ETI provide business support service and operations support service tools for businesses that need it the most.
There has to be a proper integration between BSS and OSS systems which are most critical on telecommunication operations.Operational Support ServiceOperational support service or OSS is about generating important data about the network’s status.
The OSS also facilitates the maintenance of customer services.
These workflow involves the fault location and causes identification.
Every system utilizes its own service and data responsibilities.
