LTE has been expanding much faster than predicted, driving more volume, more complexity, and more use cases. This whitepaper discusses the necessity for operators to evolve their legacy Intelligent Network (IN) charging and billing infrastructures in order to have the foundation in place to really profit from the rise of high speed data / LTE
13. CONCLUSION
Given the challenges operators are facing with their legacy, distributed IN charging and billing
infrastructures, they are compelled to evolve in order to more effectively monetize the rising
demand for high speed data, using value based dynamic services for instance. To achieve their key
strategic goals, operators need to build a flexible infrastructure based on five key pillars, real-time
charging being the central pillar. Such an infrastructure also requires policy control to enable context-sensitive
offers and effectively deliver VoLTE. The third pillar is online mediation to enable the real-time
intelligence necessary to create context-sensitive dynamic services. The fourth pillar enables
operators to provide unprecedented revenue generating and personalized experience through
on-device purchase and customer interaction. Convergence and interoperability is the final key pillar
allowing operators to accelerate time to market, create a seamless customer experience, and leverage
their current infrastructure to add real-time charging with minimum disruption. Many operators have
already taken steps to adopt such an infrastructure and are already profiting from it.
About OPENET
Since the introduction of mobile data services in 1998, Openet has helped service providers capitalize
on opportunities and overcome challenges. With competitive pressure accelerating, today’s service
providers rely on Openet software to evolve business models around networking smartphones,
M2M devices, and third party services. Openet’s portfolio combines policy and charging control with
device and third party interaction to enable innovative charging models, to control operating cost,
and to personalize services. More than 80 of the world’s largest service providers in 28 countries use
Openet’s high performance software.
For more information, please visit www.openet.com.
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White Paper - Building the Foundation for LTE Revenue
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