As competition increases between companies in the telecom industry, telcos are at a juncture where they need to push for innovations that can actually make a difference. The pressure to come up with creative offerings is immense, especially on smaller virtual operators that go by the name of MVNO (Mobile Virtual Network Operator). As these operators cater to a smaller customer base, they are at a higher risk of losing their complete revenue source due to subscriber indifference. Hence, the need to invest in telecom software solutions that can actually make a difference is high.Continue reading
OSS and BSS services play a key role in the day-to-day operations of telecom operators. While BSS performs management of orders, customers and revenue; OSS is responsible for core process-related tasks like service delivery, network management and provisioning along with order fulfillment. However, the role of both these quintessential telecom systems has evolved considerably in the recent past. An increase in the number of services and subscribers has compelled telcos to look for telecom billing systems that can scale both vertically and horizontally.Continue reading
There is no denying the fact that the telecom industry is evolving at a rapid rate. The influx of newer services is happening quickly, and with it, the competition is growing manifold. To address the challenge posed by the competition, telcos have changed their approach from product-centric to customer-centric. In the present state of the telecom industry, customers hold all the power when it comes to making a brand or destroying it completely. This is the main reason why; it is essential to invest in a telecom billing software solution that helps you launch innovative services that can evoke interest in customers.Continue reading
In modern times, m-commerce has become all the rage due to an increase in the number of subscribers who make orders using their mobile phones. This new trend is catching on fast, which provides a wonderful opportunity for telcos to exploit it. As almost half of the world is unbanked (nearly 50% of people in the world do not have access to banking services), a telecom operator would be foolish to let go of the opportunity of tapping into this market. A great way to access the m-commerce market is by employing top telecom billing systems that provide a mobile wallet facility.Continue reading
The operational support systems (OSS) and Business support systems (BSS) are often interchangeably used in the industry. Both are essentially systems for provisioning customer service to telecom operating companies. However, there is a thin line of difference between the two. Let’s first understand both.
The focus of OSS is on the status of operation of business transactions. The BSS, on the other hand, focuses on the interface with the actual customer who is the end user of the business services.Continue reading