Cloud-Based Online Charging System – The Next-generation OCS Capabilities
Telecom operators are fighting tooth and nail to stay ahead of the competition these days. It is not easy for them to lure new customers towards their products and services by simply employing traditional and obsolete solutions.
Customers are becoming increasingly knowledgeable about newer technology, making it essential to utilize modern day solutions, such as cloud-based OCS, or online charging system telecom. If you are looking for the right solutions in this area, Telgoo5 can help.
Need for cloud solutions led digital transformation
It is inevitable that sooner than later cloud-based telecom billing solutions are going to be the telecom industry norm. There are multiple companies from several industrial verticals that have already made a move towards cloud based operations. The next torchbearers of digital transformation is in the form of online charging system telecom with cloud computing. This is why the tech needs to be looked at closely by telecom operators.
How to identify a quality OCS that offers digital transformation?
It is important that you identify the key attributes in terms of the quality of OCS since your entire business may very well depend upon it. A few key features include the following:
Handles convergent revenue management situations
Legacy charging systems are concerned with focusing only on specific charging plans and ratings. These systems are not flexible to address evolving needs of a contemporary customer. It is important that you look for converged revenue management capabilities when you switch to an OCS. This function can allow your cloud-based OCS to handle the complexities involved with prepaid and postpaid models.
Future technologies supported
It is more important than ever for telecom service providers to be well-prepared to handle emerging requirements with technological evolutions, such as IoT, VoLTE, and 5G. Future technologies can easily be monetized by a quality cloud-based OCS, along with other popular multimedia options. This gives a telecom vendor the ability to adapt and meet customer billing needs in the future, without having to change telecom billing solution platforms.
It goes without saying that telecom operators need to know the present and future requirements of their customers in order to attract them with personalized offers. Contemporary cloud-based online charging systems, unlike their traditional counterparts offer cutting-edge features to do just that. A quality OCS will be able to support an abundance of plan features, such as family plans, top ups and auto renew plans to name a few.
Cloud-based OCS can be innovative enough to significantly reduce a telecom provider’s operational expenses. Cost efficiency is possible because there is zero dependency on hardware in the cloud environment. It is important that you look for feasible and economical OCS solutions that help you make the most of your move towards accelerated digital transformation.
Distributed infrastructure capabilities
Customer preferences can be fickle. Your OCS solution to address this customer nature needs to be completely scalable and flexible. You can attain this with a cloud-based online charging system telecom which works through distributed infrastructure. You can attain unmatched scalability with cloud-based OCS that allows you to increase or decrease the scope of your telecom operations whenever you want to.
Choose Telgoo5 as Your Trusted Tech Partner!
Looking for cutting-edge online charging systems? Telgoo5 has the right solutions to support your business. Call us at +1 (206)384-4669 or send us an email at firstname.lastname@example.org. You may also contact us online, and we will promptly get back to you.
For an MVNO to succeed in the highly competitive telecom market of today, it is essential to bill the customers accurately. At Vcare, we offer a real time rating system that is well-equipped to charge and rate any type of service. Our OCS serves as the single point of charging and allows for convergent billing. It can charge the services according to sessions and events while enforcing credit limits appropriately. It prevents customers from exceeding their allotted quota and also ensures high transparency in the billing process. The OCS is based on the cloud and is a highly secure platform for the billing of prepaid, postpaid, broadband and streaming services.
Online Real-Time Charging System for Maximum Impact
Considering the present-day situation of telecom industry, it has become important to perform flawless telecom billing. You simply cannot force a customer to pay more than what he has actually used without risking attrition. An online real-time charging system provides a great way to keep tabs on subscribers’ usage of telecom services. It facilitates the creation of a convergent telecom charging platform, which allows you to send a single invoice for all service usage. Also, it enforces credit limits scrupulously and helps you send timely notifications to the customer when their call/data usage is about to exceed the threshold value.
Importance of Online Charging System for Telecom Business
When you think about it, the core telecom operations tend to be extremely complex. This complexity is even more evident in operations that involve billing and tracking different customers’ interactions with the system on a day to day basis. Given that the needs of the modern-day customer are very dynamic, telecom entrepreneurs are constantly faced with the challenge of streamlining the workflow which at times requires using rudimentary methods to achieve.
The solution to some of these challenges and many more is in the form of Online Charging System (OCS). Before even getting to the nitty-gritties of what an Online Charging System is, a quick preview of what this amazing-yet-underutilized software can do tells you that it is software worth investing in. Simply put, an Online Charging System handles the account balances of your subscribers and a number of additional operations without breaking a sweat.
Usurp the Competition with True Real-Time Online Charging System
Telecom industry is always evolving and there is a need to address emerging requirements. An Online Charging System (OCS) is a worthy upgrade to erstwhile charging system for prepaid services like IN. To thrive in the modern-day competitive telecom industry, it is essential to employ a true real-time Online Charging System that charges all services used by subscribers, enforces credit limits and allows for convergent charging.