Click here to close now.

SYS-CON MEDIA Authors: AppDynamics Blog, David Sprott, Liz McMillan, tru welu, Blue Box Blog

News Feed Item

Biggest Threat to 4G Monetization is Lack of Real-Time Billing Capabilities, Says Operator Survey

TORONTO, March 12, 2014 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software for communications service providers, is pleased to announce the results from a recent survey released by Telecoms.com Intelligence, which focuses on Business Support System (BSS) requirements for 4G/LTE networks. The survey, in which Telecoms.com Intelligence sought the opinions of executives from more than 60 operators, found that the lack of real-time BSS capabilities posed the single most important limitation for 56 percent of respondents as they look to launch new LTE services.

In the report 'Operator Perspectives on 4G BSS Requirements,' respondents from across the globe agreed that the absence of real-time BSS functionality when launching 4G services is a major challenge that hinders their ability to enable the flexibility and responsiveness they need to support their long term goals. In addition to the absence of real time capabilities, respondents listed time to market for launching new services, limited pricing strategies, and a lack of integration across the BSS environment as other serious challenges they face when considering LTE.

Mike Hibberd, Editor of Telecoms.com, commented:
"Operators need to improve their flexibility, agility and time to market for new services if they are to compete effectively against internet players. This survey showed that BSS portfolios marked by a lack of integration and a clutter of legacy systems represent a serious obstacle to operators' aims in this regard, either delaying the necessary improvements or blocking them altogether."

Lucas Skoczkowski, Redknee's CEO commented:
"The results of this survey come at an important crossroad for operators as the roll out of LTE networks continues to accelerate. The underlying conclusion shows that operators have recognized that they are ill-equipped to fulfil their LTE/4G monetization strategies. While real-time solutions have been around for a while, operators are still hamstrung by their legacy prepaid voice billing systems, which can't manage data, or by their postpaid systems, which have limited real-time capabilities. In addition, the conversation of how operators achieve convergence becomes more imperative for 4G as operators recognize that their complex operations are now creating a significant roadblock to monetizing 4G."

Redknee acknowledges that an 'all-or-nothing' full BSS transformation is not always necessary in order to overcome these challenges. In contrast, following a strategic 'best according to need' approach helps to better meet the needs for the individual operator. This requires open, flexible systems that solve end-to-end problems in defined spaces while at the same time fit well with other marketplace solutions. Redknee further believes that advancement of cloud-based solutions allows operator IT shops to leverage hosted environments to handle spare capacity and to migrate priority systems to an external environment while managing core systems concretely.

To learn more about the Operator Perspectives for 4G BSS Requirements Survey, Redknee will be hosting a webinar on March 20th, 2014 at 10:00 AM EST. To register your attendance, please visit the Telecoms.com website.

Redknee's real-time charging, policy management, billing and customer care solution enables CSPs to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation to provisioning, to providing a 360 degree view of the customers' usage, preferences, and integration with third-party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee supports some of the largest service providers in the world. In addition, Redknee's highly scalable and flexible solution enables CSPs to monetize third party relationships and content, support resellers and dealers and launch multi-country operations quickly, effectively and with a low total cost of ownership. Available on-premise, cloud-based and as a Software-as-a-Service offering, Redknee provides a complete portfolio of monetization and subscriber management solutions that empowers a connected customer experience, marketing agility, transparent operations and supports service providers' growth strategies beyond the telecom industry.

For more information about Redknee and their solutions, please go to www.redknee.com.

About Telecoms.com Intelligence
Telecoms.com Intelligence is the industry research offering from the leading news and analysis portal for the global telecoms industry. With over 80,000 unique monthly visitors and more than 70,000 registrations to its webinar platform, Telecoms.com has access to executive opinion of unrivalled breadth and depth. That opinion needs context and the Telecoms.com Intelligence editorial team excels at transforming raw data into insight and analysis. And with a variety of print and digital channels, including Mobile Communications International magazine, Telecoms.com Intelligence can drive unbeatable awareness of its findings.

About Redknee
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a comprehensive customer experience - through either SaaS or on-premise based solutions. Redknee's revenue and subscriber management platform provides innovative converged billing, charging, customer care, and payments solutions for voice, messaging and data services to over 200 service providers in over 90 countries. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.

SOURCE Redknee Solutions Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Docker is becoming very popular--we are seeing every major private and public cloud vendor racing to adopt it. It promises portability and interoperability, and is quickly becoming the currency of the Cloud. In his session at DevOps Summit, Bart Copeland, CEO of ActiveState, discussed why Docker is so important to the future of the cloud, but will also take a step back and show that Docker is actually only one piece of the puzzle. Copeland will outline the bigger picture of where Docker fits a...
SYS-CON Media named Andi Mann editor of DevOps Journal. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Andi Mann, Vice President, Strategic Solutions, at CA Technologies, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, communicator, and thought lea...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
If cloud computing benefits are so clear, why have so few enterprises migrated their mission-critical apps? The answer is often inertia and FUD. No one ever got fired for not moving to the cloud - not yet. In his session at 15th Cloud Expo, Michael Hoch, SVP, Cloud Advisory Service at Virtustream, discussed the six key steps to justify and execute your MCA cloud migration.
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
Containers Expo Blog covers the world of containers, as this lightweight alternative to virtual machines enables developers to work with identical dev environments and stacks. Containers Expo Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Bookmark Containers Expo Blog ▸ Here Follow new article posts on Twitter at @ContainersExpo
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Malcolm Rieke, the Director of Product Management at Catbird, discussed the impact of this new paradigm and what organizations can do today to safely move to software-defined network and compute architectures, including: ...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are bein...
Can the spatial component of your Big Data be harnessed and visualized, adding another dimension of power and analytics to your data? In his session at Big Data Expo®, John Meza, Product Engineer and Performance Engineering Team Lead at Esri, discussed the spatial queries that can be used within the Hadoop ecosystem and their integration with GeoSpatial applications. The GIS Tools for Hadoop project was also discussed and its implementation to discover location-based patterns and relationships...
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In...
In this scenarios approach Joe Thykattil, Technology Architect & Sales at TimeWarner / Navisite, presented examples that will allow business-savvy professionals to make informed decisions based on a sound business model. This model covered the technology options in detail as well as a financial analysis. The TCO (Total Cost of Ownership) and ROI (Return on Investment) demonstrated how to start, develop and formulate a business case that will allow both small and large scale projects to achieve...
The move to the cloud brings a number of new security challenges, but the application remains your last line of defense. In his session at 15th Cloud Expo, Arthur Hicken, Evangelist at Parasoft, discussed how developers are extremely well-poised to perform tasks critical for securing the application – provided that certain key obstacles are overcome. Arthur Hicken has been involved in automating various practices at Parasoft for almost 20 years. He has worked on projects including database dev...
Building low-cost wearable devices can enhance the quality of our lives. In his session at Internet of @ThingsExpo, Sai Yamanoor, Embedded Software Engineer at Altschool, provided an example of putting together a small keychain within a $50 budget that educates the user about the air quality in their surroundings. He also provided examples such as building a wearable device that provides transit or recreational information. He then reviewed the resources available to build wearable devices at ...
There has been a lot of discussion recently in the DevOps space over whether there is a unique form of DevOps for large enterprises or is it just vendors looking to sell services and tools. In his session at DevOps Summit, Chris Riley, a technologist, discussed whether Enterprise DevOps is a unique species or not. What makes DevOps adoption in the enterprise unique or what doesn’t? Unique or not, what does this mean for adopting DevOps in enterprise size organizations? He also explored differe...