Netcracker Launches 5G Monetization Solution

Netcracker Launches 5G Monetization Solution Image Credit: Netcracker

Netcracker Technology recently launched its 5G Monetization solution, which is designed to help service providers accelerate the commercialization of new 5G-enabled services.

According to Netcracker, the solution brings together 5G-ready attributes across operations, business and customer layers and is available as a cloud platform or a cloud service model to drive costs down as traffic, connectivity and services increase.

Netcracker says that legacy BSS/OSS cannot support 5G service needs, such as real-time operations and extremely low latency. Dynamic network slicing and distributed-edge compute in 5G require a new operations approach, it added.

Netcracker's solution uses general-purpose, open-source software and is available as a cloud service to minimize investment costs, improve overall TCO and enable as-needed scalability.

With a unique set of tools, Netcracker's 5G Monetization solution enables real-time, on-demand business models for low-latency services, new touchpoints and digital identity management, as well as a broad partner ecosystem. With multitenant, microservices- and cloud-based revenue management capabilities, it gives service providers the ability to provide BSS as a Service to partners, support cross-slice correlation and enable immediate charging for ultra-low latency transactions, said Netcracker.

It also enables zero-touch automation for partner onboarding and management, using open gateways and standardized APIs for testing and managing changes to a partner-driven product catalog.

Sanjay Mewada, Chief Strategy Officer, Netcracker
Ensuring a risk-free transition from 4G to 5G, holding down the infrastructure costs while delivering 100 times better performance and finding compelling use cases are the three most important challenges facing operators as they consider their investments in 5G.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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