Overcome the Onslaught of Competition with Evolved Telecom Software Solutions
Not so long ago, OSS and BSS were considered two separate entities
with no overlapping of functions between them. While OSS was mainly responsible
for network management and service delivery; BSS was tasked with product and
revenue management. However, with an increase in the number of telecos’
offerings and subsequent rise in complexity of operations, changes in OSS/BSS
model have being made to fulfill the requirements of today. So, if you are
looking for an overhaul in your telecom business, you need to look for telecom software solutions that can
help you keep up with the demands of the present and the future.
Quintessential Features
of BSS/ OSS Software Telecom
1.
Convergence in billing – Nowadays,
customers expect transparency in billing, which is why; they seek itemized
bills that have descriptive mention of all the services utilized by them. All
services like SMS, call, data, IPTV etc. need to be billed at the end of every
billing cycle and sent to customers as a one single invoice. Therefore, your OSS software telecom should have the
ability to create detailed convergent billing.
2.
Effective monetization – Relying
on old revenue sources like calls, SMS and data can be a bad idea. Especially
in these times of competition where OTT services like Skype, Whatsapp and
Netflix are eating into the major revenue streams of the telecom industry. It’s
time for you to monetize your new services and partnership with competent telecom software solutions.
3.
Analytics – Analytics provide
a sure-shot way to learn about customers’ behavior. By monitoring your
day-to-day operations, an analytics-driven OSS
software telecom can unearth patterns, which can be used to envisage
strategies for the future. You can create new combination of services as
package deals to evoke customer trust.
4.
Real-time cloud-based telecom software – To bring your plans to the market quickly and efficiently, you
need cloud-based real-time software solutions like an Online Charging System
(OCS). By charging usage in real-time, you will be able to prevent customers’
from exceeding pre-allocated limits for their subscribed data, SMS or data plans.
A cloud-based system also reduces your capital investments on assets. You only
pay a monthly subscription to the vendors and get all the benefits of in-house
infrastructure. There is a considerable reduction in tax payments and
maintenance fees. Moreover, a cloud infrastructure provides you redundancy and
keeps your data safe in case of a natural disaster.
5.
Scalability – Your telecom software solutions need to be
scalable, so that you can expand your service delivery and billing to meet the
increasing requirements.
Conclusion
The evolution of telecom services require you to have a telecom
billing software that can meet up to the modern-day requirements. Even more
important than finding a software solution is to find the right vendor who can
understand your exact requirements, create a tailor-made solution and is
available even after deployment of the solution. Vcallglobal has excelled in
creating many past solutions that have been appreciated by clients. We also
have a dedicated support line, so that you can reach out to us anytime and
discover a solution to any of your queries related to the product.
Thanks for writing this great article! It’s very informative, and you included some great points to the equally great article regarding Telecom Billing System.
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