Next-Generation Billing Solution for Communications Service Providers Upgraded by SAP
SAP (News - Alert) AG announced at the Mobile World Congress 2012 in Barcelona, Spain this week that it would be releasing a new version of the SAP Billing for Telecommunications package. This package is an integrated, end-to-end offering that has been designed to manage some of the most demanding and intricate business models that are in the market.
In a release, Deb Osswald, research vice president, NGN Operations, IDC (News - Alert), said, "CSPs are at the epicenter of important new markets such as M2M and cloud services. A flexible, configurable and integrated billing solution is a key element of any service enabling architecture but now, more than ever, a billing solution that speeds time to market and offers a lower TCO is critical in helping CSPs to both gain a competitive advantage and earn acceptable margins as they expand their service portfolios to include exciting new offerings."
This new version of SAP Billing for Telecommunications offers an advanced integration between order capture, product modeling and service pricing design. This new solution was initially launched in January 2011 and provided an innovative approach to billing for communications service providers (CSPs) as it provided them with rapid innovation and new services monetization.
Jens Amail, senior vice president, Telecommunications, SAP, said, "This release of SAP Billing for Telecommunications is another proof point that we offer our customers both operational efficiency and full flexibility to monetize new business models at the same time. The architecture of the solution provides all the benefits of an integrated end-to-end process, while the modular structure and open APIs offer the choice for a phased implementation approach."
The solution also provides end-to end support for pre-paid, post-paid and hybrid billing across the business process chain and the packaged services help in cutting down costs and time taken during implementation. SAP has improved the end-to-end integration of the solution to fast time to value and low total cost of ownership (TCO) with this latest release
Edited by Tammy Wolf