Ericsson and WeDo Technologies have formed a global partnership to enable operators to proactively safeguard new revenue streams, assure healthy margins and minimize risks in a very dynamic ecosystem.
By combining WeDo Technologies RAID software platform with Ericsson's Risk and Business Assurance services, operators will be able to leverage on a unique value proposition delivered by the solution that is based on a "financial benefit first" approach, said Ericsson. It will address a wide range of risks related to key business and operational processes across operator domains, such as product, customer and partner management, order management and provisioning, as well as QoS/experience driven billing and partner settlement.
This drives focus and actions towards the use cases that affect digital revenue streams and margins the most.The solution also comes pre-integrated with Ericsson OSS/BSS and is powered with proven methodology and assets that deliver on digital ready controls and corrective action accelerators to assure revenue streams from day one.
Together with Ericsson Security Manager, this partnership will enable operators to further enhance their Risk Management coverage and establish a real-time information, decision and action flow between Revenue Assurance, Fraud Management, Security and Identity Management systems, added Ericsson.
Raoul Vandenbulcke, Head of Fulfilment, Assurance and Billing, Business Unit IT & Cloud, Ericsson
Ericsson's Risk and Business Assurance combines consulting and systems integration with a real-time monitoring tool that automates risk capture, revenue assurance, fraud controls and remedy action, so that operators can reduce revenue leakage and appreciate the full value of their digital investments.
Joao Moita, VP Global Sales & Delivery, WeDo Technologies
Through real time detection that prevents, corrects and recovers revenue and opportunity loss, the telecom operator can now fully explore and maximize on its digital transformation efforts, whilst safeguarding its revenue stream.
