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A Delayed MVNO Launch Is Revenue Lost, Expedite with Turnkey MVNE Solutions – online Charging System

A Delayed MVNO Launch Is Revenue Lost, Expedite with Turnkey MVNE Solutions – online Charging System | Real Time Charging Solutions | Scoop.it
Timing is everything in business. A business launched at the right time can be the difference between success and failure of the venture. When it comes to the telecom industry, we are seeing a rapid growth of companies with non-telecom background starting their own MVNOs.
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OCS Solutions for Leveraging Convergent Real Time Billing

OCS Solutions for Leveraging Convergent Real Time Billing | Real Time Charging Solutions | Scoop.it

A specialized communication function for the telcos, Vcare OCS offers a reliable way to charge your customers in real-time. It has two important functions i.e. EBCF (Event Based Charging Function) and SBCF (Session Based Charging Function). Our OCS system is capable of handling charging transaction control and subscribers account balance. It calculates all the call charges based on Call Data Records (CDRs) and loads results to the billing system of telecom operators.

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The Exigent Need for Composite Charging to Meet Future Telecom Billing Requirements

The Exigent Need for Composite Charging to Meet Future Telecom Billing Requirements | Real Time Charging Solutions | Scoop.it
Telecom operations have changed considerably in the recent years. Apart from developing networking capabilities, telcos are trying their hardest to upgrade their telecom billing and service monetization capabilities. New innovations like convergent billing by employing an Online Charging System (OCS) has worked like a charm. However, ther
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6 Reason Why You Should Move to Cloud-Based Telecom Charging System Architecture

6 Reason Why You Should Move to Cloud-Based Telecom Charging System Architecture | Real Time Charging Solutions | Scoop.it
Of late, telecom billing has become a battlefield filled with landmines. The frequent launch of new technologies coupled with a rise in competition has stretched telcos to their wits end. Emerging technologies like IoT have posed new requirements, which simply cannot be fulfilled with traditional telecom charging system architecture Read More .......   tinyurl.com/yy3jzvmr
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Fulfill Emerging Telecom Requirements Better with a Quality OCS System

Fulfill Emerging Telecom Requirements Better with a Quality OCS System | Real Time Charging Solutions | Scoop.it
To accommodate the emerging requirements in the telecom industry, an OCS system serves as your best option. A quality OCS can help you launch innovative plans and offers while at the same time provide complete convergence in billing.
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Move to Telecom Digital Transformation Easily by Following These 4 Tips – online Charging System

Move to Telecom Digital Transformation Easily by Following These 4 Tips – online Charging System | Real Time Charging Solutions | Scoop.it
We are seeing a rise in competition in the telecom industry like never before. The launch of new MVNOs every other day has cramped up the telecom market and many operators are vying for a limited subscriber base. Emergence of new technologies like IoT, 5G M2M along with virtual network services has further complicated the task of established telecom operators.
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What Should Your Current Online charging system (OCS) Offer? – online Charging System

What Should Your Current Online charging system (OCS) Offer? – online Charging System | Real Time Charging Solutions | Scoop.it
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8 Reasons Why Investing in Cloud-Based OCS System Will Be Your Best Decision Ever – online Charging System

8 Reasons Why Investing in Cloud-Based OCS System Will Be Your Best Decision Ever – online Charging System | Real Time Charging Solutions | Scoop.it
Cloud-based computing has been particularly rewarding for the IT sector. Its ability to cut down on TCO (Total Cost of Ownership) has been the biggest driver for its mass employment by different companies. But there are other benefits of cloud platform as well, especially for the highly-competitive telecom industry.
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A Delayed MVNO Launch Is Revenue Lost, Expedite with Turnkey MVNE Solutions – online Charging System

A Delayed MVNO Launch Is Revenue Lost, Expedite with Turnkey MVNE Solutions – online Charging System | Real Time Charging Solutions | Scoop.it
Timing is everything in business. A business launched at the right time can be the difference between success and failure of the venture. When it comes to the telecom industry, we are seeing a rapid growth of companies with non-telecom background starting their own MVNOs.
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Track Telecom offers with the Fast MVNE Solution – OCS

Track Telecom offers with the Fast MVNE Solution – OCS | Real Time Charging Solutions | Scoop.it

Telgoo5's stage is advanced and coordinated; ready to deal with a lot of interest. Despite the fact that we have a lot of fulfilled customers, we ensure that every one of them can pick a tweaked arrangement that fits them superbly. We comprehend that each business has various needs and will go along with us…


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Don't Let a Flawed OCS System Be the Reason for Your Business's Downfall

Don't Let a Flawed OCS System Be the Reason for Your Business's Downfall | Real Time Charging Solutions | Scoop.it
As companies change their focus and become more customer-centric, the importance of innovative telecom solutions has increased. Especially when it comes to accuracy in billing, there is no middle ground and you cannot survive without owning/leasing a robust and reliable telecom billing software. In today’s telecom operations, the most critical element of is OCS. After many revisions since its inception, OCS has improved dramatically and has become critical for modern-day charging and rating applications.

What is an OCS?


Online charging system better known as OCS is a vital part of telecom billing architecture. It forms the real-time beating heart of any BSS. Every customer exchange – whether it is event-based or session-based – is accounted for by the OCS. It also features an Account Balance Management Function (ABMF) that stores and updates vital subscriber information. It is a great advancement in the telecom industry that fixes the many anomalies/limitations of erstwhile IN and offline billing systems.

The Risks of a Flawed OCS

An OCS is the most critical component of any telecom operation. Whether you are an MVNO or a major network operator, you should understand that your whole brand image depends on this vital resource. As every user interaction is captured by OCS, it is crucial for all your billing tasks. In case your OCS is flawed, it may lead to the creation of error-ridden invoices that will be sent to your customers. If this happens, then your customers will most likely switch their operator, which will spell doom for your business. Therefore, you should put all your efforts in finding an accurate OCS solution that can be trusted.

Vital OCS Features You Should Be Concerned About

An OCS system has many attributes that determine its efficacy in any business model. While different telecom operators may have their own preferences about these features, there are some important attributes that are critical for all telecom billing operations:

1. Security against hackers – The threat of hackers looms large over any business that is done on the Internet. As an OCS is connected to the web at all times, you need to pay special attention to the security measures employed by the OCS provider. Without proper security, you risk losing all the goodwill generated over many years in a matter of seconds.

2. Scalability – The subscribers of an operator keep on changing with time. Without a scalable OCS, you are unable to keep up with the varying demand. Hence, scalability of the OCS should be kept as a top priority.

3. Provision for future technologies – An OCS should not only address the present-day requirements but it should also be ready to meet the future needs. It should be able to fulfill the requirements of highly-promising technologies like 5G and IoT. Without any provision for future technologies, you might have to constantly change your OCS system, which is definitely bad for business.
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Convergent Real-Time Billing System for Better Customer Experience

Convergent Real-Time Billing System for Better Customer Experience | Real Time Charging Solutions | Scoop.it

Employ Convergent Real-Time Billing System to ensure transparent billing and evoke customer trust in your services. Our real-time OCS allows for real-time charging of transactions at a centralized location.

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Best Things About Telecom Charging System Architecture

Best Things About Telecom Charging System Architecture | Real Time Charging Solutions | Scoop.it
Cloud-based charging system has become a major requirement for telcos due to frequent disruptions in the telecom industry. The bigges
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The Reasons to Choose Virtualized Charging System

The Reasons to Choose Virtualized Charging System | Real Time Charging Solutions | Scoop.it
Cloud-based charging system has become a major requirement for telcos due to frequent disruptions in the telecom industry. The biggest reason for you to choose cloud-based telecom charging system architecture over traditional systems is the unmatched flexibility that it offers.
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The Importance of Convergent Billing in Consolidation of Telecom Operations – online Charging System

The Importance of Convergent Billing in Consolidation of Telecom Operations – online Charging System | Real Time Charging Solutions | Scoop.it
The increase in the number of services that a telecom operator has to offer has given rise to new requirements. By employing convergent billing solutions with a centralized charging system, it is possible to address the modern-day requirements and increase flexibility in operations.
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What to Look for in an BSS/OSS Solution for Your MVNO – online Charging System

What to Look for in an BSS/OSS Solution for Your MVNO – online Charging System | Real Time Charging Solutions | Scoop.it
It’s expected that by the year 2020, the worldwide MVNO market’s going to be worth $73 billion, and the subscriber number will exceed 300 million, with its CAGR at 10%. One of the things that gives the MVNOs an edge over the MNOs is things like:
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3 Unusual Ways to invest in Cloud-Based OCS System –

3 Unusual Ways to invest in Cloud-Based OCS System – | Real Time Charging Solutions | Scoop.it

OCS works as a specific communications that enables a specialist co-op to charge a client for services continuously. The OCS handles the supporter’s record balance, rating, charging exchange control and connection. With the OCS, a telecom operator guarantees that credit points of confinement are upheld and assets are approved on a for each exchange premise.


Conventional web based charging frameworks charge the client after a service is rendered, though the OCS charges as services are rendered. OCS is more adaptable than Intelligent Network (IN) prepaid arrangements.


As a broadcast communications specialist co-op, you have to offer more than essential availability for your end clients. You have to give solid client service, as well. Charging should be offered progressively and it ought to mirror the client's most present use so as to moderate disarray delays in installment—and guarantee that you get the pay that you need.

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Don’t Let Your MVNO Customers Leave, Employ Quality OCS ASAP

Don’t Let Your MVNO Customers Leave, Employ Quality OCS ASAP | Real Time Charging Solutions | Scoop.it

A bill shock is as bad for you as it is for your subscribers. It happens when a customer receives a bill that surpasses his expectations, and in not the right way. While most big operators have the wherewithal to absorb pain of a lost customer, it is the MVNOs that are worst hit by such an event. The negative publicity it generates, no matter how small, has the potential to compromise MVNO’s best laid plans, which generally revolve around creating customer goodwill. Mostly, it has been seen that such debacles happen when the OCS you have is not up to the mark.


Enhance your Prospects with a Better MVNE and OCS


https://in.pinterest.com/pin/744712488364119242


Losing out on customers can be debilitating for an MVNO business. Therefore, as an MVNO owner you should focus sincerely on finding the right OCS. The best and the most convenient way to do this, is by partnering with a competent MVNE that has already delivered successfully in the past. An MVNE that is capable of creating tailor-made solutions can help you build an OCS that meets your particular requirements. There are many things that you should expect from your MVNE, however, the two most important features you should never compromise on are:


https://list.ly/list/2ozg-online-charging-system-for-mvna


1. Complete convergence with itemization: Customers of today are extremely choosy when it comes to their billing. They want all their usage details and service rates to be present in their invoices. Even more importantly, they want one invoice for all the services that they are using. For this, a quality OCS is required that can charge, rate and maintain customer account information at one location. This allows for complete convergence in billing, which lets you create converged bills with complete itemization as per your subscribers’ requirements.


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2. Meets 3GPP’s technical specifications – A 3GPP compliant OCS ensures no revenue loss. Hence, it is important that your MVNE can provide you an OCS system that meets every single technical specification laid out by 3GPP.

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Prevent Your Customers from Bill Shock with a Future Proof Online Charging System – online Charging System

Prevent Your Customers from Bill Shock with a Future Proof Online Charging System – online Charging System | Real Time Charging Solutions | Scoop.it
In the world of telecom, a bill shock is the surest way to lose your customers. You can do everything right, from creating the perfect plan to delivering your services as per expectations.
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What Online Charging System For MVNO Experts Don’t Want You To Know –

What Online Charging System For MVNO Experts Don’t Want You To Know – | Real Time Charging Solutions | Scoop.it
When a customer receives a bill that he did not expect, it is called a bill shock. Too many bill shocks and you, as an operator, risk losing your customers. The situation is particularly grim for MVNO when it comes to bill shock. As they already have a smaller number of subscribers when compared with MNOs, a loss of customers can be back breaking for their business. After analysis, it has been proven that a faltering OCS is mostly the cause of bill shocks.

Transform Your Fortunes with a Better OCS


Your OCS directly dictates how well you are able to monetize your services and bill the subscribers. Therefore, you should always pay special attention to your billing software and especially the OCS. Below are some essential functions that you should look for in your OCS system.


1. Convergence – The constant increase in the number of services offered by mobile operators has created a need for convergence in billing. Customers simply abhor the prospect of receiving too many bills from the same vendor. An OCS that serves as a single point of charging of all services eliminates the need for creation of different bills. By using a quality online charging system, you can send your customers fully bifurcated bills with complete itemization. This creates more transparency in the billing process and fosters customer trust in your services.


2. Adherence to 3GPP – Before selecting an OCS and telecom billing software, you should ensure that it adheres to the technical specifications prescribed by 3GPP. Only when your OCS is 3GPP compliant, you can expect real-time charging with no errors in billing. Flawless billing is the key to preventing revenue leakage.

3. Scalability and flexibility – If your OCS cannot be scaled to meet the future requirements then it is worthless for you. Hence, you should invest in an OCS system that can perform billing and charging for an increasing customer base and expanding catalog of services. Your OCS should be flexible enough to charge present and future technologies for it to be of any real value to your business.

4. Security of customer information – OCS has an ABMF function that stores vital customer information. This information needs to be protected from hackers. Hence, security of OCS should always be your primary concern before making a purchase. Telgoo5 is a cutting-edge OCS and it is fortified with latest security measures to prevent hack attacks.

5. Innovative discounts – Discounts play a key role in evoking customer trust in your services. Always select an OCS that helps you quickly launch services and also apply innovative discounts. Discounts can be used for enforcing new business strategies. For example, if one of your services is not utilized by your customers as per your expectations, then you should provide the option of cross-product discounts and offer that service at a reduced price when bundled with any other popular service.

Conclusion

OCS plays a key role in managing the billing and charging functions of a telecom organization. To ensure that all billing tasks are handled efficiently and accurately, you should partner with experienced telecom billing vendors that can offer you a reliable OCS.
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