India's Ahmedabad based Elitecore Technologies, a global provider of Integrated Policy, Charging and Revenue Management solution is all set to showcase its latest innovation in the form of a concept-to-cash solution directed towards the operator community, at the upcoming LTE World Summit in Amsterdam.
With this announcement Elitecore is bringing a unique end to end pre-integrated approach to 'concept to cash' that is set to enable operators to launch innovative data services based on their subscriber information. The solution would maximize revenue opportunities by achieving reduced time to market for innovative offerings and easy upgrades.
According to Heavy Reading research, 4G/LTE operators in the next 12 months are most interested in launching VoLTE (81%) and LTE data (62%) and to turn these services into revenue opportunities, operators are looking to refresh their legacy OSS/BSS systems to adopt next-generation "concept to cash" solution which is directly in line with their monetization activities.
Says Ari Banerjee, Sr. Analyst, Heavy Reading, “Tying together unified 360 degree subscriber view with network control, smart charging and subscriber service experience, Elitecore brings an unique advantage to operators with its all-IP based, converged solution that offers flexibility of either a single pre-integrated, real-time (BSS, OCS and policy-based) platform or modular components.”
Elitecore’s carrier-grade industry standard (TMF, 3GPP Rel. 11) LTE Revenue and Customer Management Platform has BSS comprising online charging, convergent billing, customer management, provisioning and EPC( Evolved Packet Core ) comprising PCRF, DSC and 3GPP-AAA which enables operators to quickly build concepts based on subscriber’s usage, transactions and preferences to design advanced services tailored to their subscriber’s need helping operators define their go-to-market seamlessly fulfilling services ordered by subscribers and effectively rate/charges/bills for those services.
Says Dhaval Vora, VP, Product Management, Elitecore, “With real-time subscriber insights, service provider can personalise its next-generation offerings around subscriber activities and behaviour increasing subscriber engagement and loyalty through contextual offering. Using an integrated product catalogue, policy control & charging, service providers can bring service innovation by launching flexible plans by enforcing fair usage policy in real-time which will significantly improve revenue potential giving them competitive edge.”
Highly scalable solution meets the growing demands for advanced services like HD Video, VoLTE and facilitates provisioning & management of large subscriber base. Customers can self provision with services/bundle plans (VoIP+Data+Apps, Data+Content, VoLTE+ unlimited data) of their own choices via integrated customer self-care.
Using Elitecore platform, service providers can implement various use cases including Tiered FUP, Turbo-boost, Bill-shock Prevention, Day / Event pass , URL/Application based charging, Location and ToD based charging, Differentiated video service, LTE Roaming, etc.
Elitecore has recently announced successful migration of a WiMax operator to LTE network helping rollout IP based data & voice services without any service disruption. It has also enabled a Greenfield service provider to quickly rollout new LTE network and launch innovative services.