The way the telecom industry works these days, launching the best service does not always translate into profits. It is your ability to understand the pulse of the market and launching plans at the right time – before your competition – is what clinches the deal with the customers. Especially if you are an MVNO or a small player in the telecom industry, you do not always have to spend millions before you taste success. The sweet recipe of success lies in partnering with the right telecom billing systems vendors who have top telecom billing systems to back your vision.Continue reading
‘Wrong billing is frowned upon by customers across the globe’. This statement is never truer than in the context of telecom billing, which is becoming increasingly complex with the rise of new services and emerging competition from various sectors. As popular services like OTT (Over the Top) eat into the revenue of telcos both big and small, the margin for error has become very slim. A telecom operator simply cannot afford to be lax when it comes to employing telecom software solutions as it is on them lies the whole burden of the extremely critical billing operations.Continue reading
With a projected growth of 10.7% between 2016 and 2025, revenue management and telecom billing market in the US looks to be evolving. As competition between telcos increases across the globe, similar growth is expected in other regions as well.
The demarcation in telecom billing and revenue management is formed on the basis of various parameters such as billing solutions, telecom billing services, meditation software, fraud management software etc. The market is further divided on the basis of the type of deployments – cloud-based, in-house or a hybrid of both. With so many different parameters governing the changing dynamics, it is hard to ascertain the trends that will shape the future of telecom billing systems vendors. Continue reading