Why a Cloud BSS Billing System Is an Absolute-Must for Telcos to Survive?
Reducing costs for increasing the bottom-line of their business has become the primary concern of most telcos operating in the telecom industry. As profits dwindle due to an increase in competition amongst vendors, business owners are trying to do whatever they can to cut costs in one way or another. Off-late OSS/BSS architecture has become the pain point of telecom business. As OSS and BSS systems hit their maximum utilization at different times, they lie underutilized for most of the time. This results in considerable loss for the company, which can be easily prevented by employing cloud-based BSS billing system . Need for Better Billing and OSS Solutions Although traditional billing and OSS solutions have a strong foundation, they are not flexible enough to accommodate modern-day telecom requirements efficiently. Integration of latest tech in the form of NFV (Network Function Virtualization) and SDN (Software-Developed Network) in telecom work...