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Amdocs Launches New Monetization Suite for CSPs

Amdocs Launches New Monetization Suite for CSPs Image Credit: Amdocs

Amdocs launched RevenueONE, which enables communications service providers (CSPs) to capture every revenue opportunity in the digital economy.

In a 5G ecosystem, CSPs will be able to quickly launch their own, and partner-based offerings, price plans and bundles, with a variety of new one-time, subscription-based and alternative (loyalty, social currency, ad-supported, etc.) payment models.  This shift to future-ready monetization will change CSPs’ customer service relationships and foster innovative new service offers from smart spaces, IoT and media to network slicing and edge monetization.

Taking a new approach to billing, Amdocs RevenueONE also shortens CSPs’ time to cash by decomposing mission-critical charging, billing, payments, incentives and product-catalog processes into DevOps-ready, cloud-native microservices, turning batch billing processes into real-time functions. Amdocs RevenueONE takes charging to the edge by leveraging distributed, 5G-ready architecture that can be deployed on private datacenter infrastructure with AWS Outposts or using Amazon Web Services (AWS) public regions.

RevenueONE includes Amdocs’ 5G-ready charging, that supports any new service in the 5G digital economy. It also includes an open and agile catalog which ensures that business users can create new products, offers and bundles in minutes, using an intuitive graphical interface and pre-defined pricing templates.

Doug Yeum, Head of Worldwide Channels and Alliances, AWS
With RevenueONE, Amdocs has redeveloped its flagship, mission-critical, billing, charging, and catalog solutions to be cloud-native and leverage the full benefits of the cloud such as agility, elasticity, and cost optimization.

Anthony Goonetilleke, Group President of Media, Amdocs
Amdocs RevenueONE brings together proven scalability and cloud-native architecture to accelerate the launch of new 5G services, while supporting existing products and offers.

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Author

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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