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Nokia Intros New SaaS service to Help CSPs Drive 5G & IoT Monetization

Nokia Intros New SaaS service to Help CSPs Drive 5G & IoT Monetization Image Credit: peshkov/Bigstockphoto.com

Nokia  introduced its latest Software-as-a-Service (SaaS), AVA Charging, to help communication service providers (CSPs) and enterprisesquickly commercialize new offerings for 5G and IoT use cases.

Using software consumedon demand through a subscription-based model, Nokia AVA*Charging incorporates business intelligence derived from hundreds of customerengagements to enable fast monetizationof 5G and IoT services.AVA provides “Intelligence Everywhere” through AI, machine learning, no code configuration, open APIs, multi-cloud orchestration, and digital ecosystems.

Nokia AVA Charging speeds up time to market for new CSP services through automation and no-code charging configurability; is highly scalable, supporting environments in excess of 150 million subscribers; and can be used by CSP’s to monetize consumer services like cloud gaming, as well as enterprise services for vertical markets,including utilities, logistics and healthcare.

The new SaaS offering can be integrated with 5G Standalone core network functions in a multivendor environment to support new commercial charging models based on a variety of factors, including low latency, high throughput, device density, and location.It can be deployed quickly for CSPs and enterprises and avoids the hassle of on-site software maintenance and updates.

It can also be supplied as part of the Nokia / Qvantel Digital Monetization Solution as a Service, which combines Qvantel’s Flex BSS and Nokia AVA Charging. This provides a fast- track approach for CSPs to have a separate BSS stack to support new 5G opportunities and enjoy the faster time to market and agility enabled by no-code configurability.

Nokia AVA Charging is Nokia’seighth SaaS service, following launches earlier this year that includedNokia AVA Network Data Analytics Function andNokia AVA for Energy.

John Abraham, Principal Analyst at Analysys Mason
Nokia’s timely offer of a SaaS based no-code charging solution will accelerate monetization for CSP’s who realize the need to transform their charging systems for 5G, but hesitate due to lengthy BSS transformation cycles and 5G network integration complexities.

Mark Bunn, Senior Vice President, Cloud and Network Services at Nokia
This latest addition to our SaaS arsenal supports CSPs and enterprises in having a dynamic digital infrastructure through 5G network components delivered as SaaS; and provides them with the necessary pay-as-you-go, pay-as-you-grow commercial model to help them reach their desired business outcomes.

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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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