Netcracker Technology, Wednesday unveiled its Cloud-Based Online Charging System (OCS), a next-generation offering that has been optimized to meet the requirements of the digital world.
The Company claims the new cloud-based OCS as the industry's first always-active OCS platform and it addresses all of the key pain points associated with legacy, hardware-based charging systems.
According to Netcracker, software-based approach to its Cloud OCS reduces hardware dependency, keeps costs down and delivers unparalleled availability and real-time functionality. Netcracker's Cloud-Based OCS supports horizontal and vertical scalability across all layers.
Netcracker's Cloud-Based OCS enables and supports converged revenue management capabilities across all business lines, including pre-paid and post-paid models for all types of services. It also centralizes storage for all rating, charging, subscriber and policy information onto a single product to support a wide range of products, including support for VoLTE, virtualized, 5G and IoT services. Its faster speeds and extremely low latency, creates the ideal platform for service providers to monetize real-time interactive multimedia offerings, such as augmented reality, virtual reality and real-time online games, claims the company.
Netcracker's Cloud-Based OCS' architecture is designed to be deployed and operated in any environment, including physical, any type of cloud (private, public or hybrid) and virtualized infrastructure.
Karl Whitelock, Global Director of Operations, Orchestration, Data Analytics and Monetization (ODAM) at Stratecast
As a software-centric solution that relies on configurable parameters and not complex customized code, Netcracker's scalable OCS can help to address any level of transaction processing need, which is essential for delivering future-proof operations in the journey to becoming true digital services providers.
Sanjay Mewada, Chief Strategy Officer, Netcracker
Netcracker has evolved its OCS to address these precise needs. Our Cloud OCS, with its unparalleled elasticity, always-on availability and embedded analytics, removes the barriers to digitalization and allows our customers to rapidly monetize digital offerings, such as VoLTE, 5G, virtualized and IoT services.