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.