Digital
service providers are transforming their monetization systems to prepare for
the upcoming demands of 5G and future digital services. Oracle Communications'
new cloud native deployment option for
Billing and Revenue Management (BRM) addresses these demands by combining
the features and extensibility of a proven, convergent charging system with the
efficiency of cloud and DevOps agility.
Oracle
Communications' cloud native BRM deployment option provides a modern
monetization solution to capitalize on the opportunities presented by today's
mobile, fixed and cable digital services. It supports any service, industry or
partner-enabled business model and provides a foundation for 5G network slicing
and edge monetization.
"As the telecommunications industry prepares itself to take
advantage of 5G, architectural agility will be essential to monetize
next-generation services quickly and efficiently," added John Abraham,
principal analyst, Analysys Mason. "With its cloud native compliant,
microservices-based architecture framework, the latest version of Oracle's
Billing and Revenue Management solution is well positioned to accelerate CSPs
ability to support emerging 5G-enabled use cases."
Cloud
native BRM enables internal IT teams to incorporate DevOps practices to more
quickly design, test and deploy new services. Organizations can optimize their
operations by seamlessly managing business growth with efficient scaling and
simplified updates, and by taking advantage of
deployment in any public or private cloud infrastructure environment. BRM
further increases IT agility when deployed on Oracle's next generation Cloud
Infrastructure, which features autonomous capabilities, adaptive intelligence and machine
learning cyber security.
"Service
providers and enterprises are looking for agile solutions to quickly monetize
5G and IoT services," said Jason Rutherford, senior vice president and general
manager, Oracle Communications. "Cloud native BRM deployed on Oracle Cloud
Infrastructure allows our customers to operate more efficiently, react quickly
to competition and to pioneer new price plans and business models that
capitalize on the digital revolution."
Find out more about
Oracle Communications Billing and
Revenue Management,
with modern monetization capabilities for 5G and the connected digital world.