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April 02, 2014

Billing-as-a-Service Company BlueOSS Making a Name for Itself in Cloud Billing Realm

By Laura Stotler, TMCnet Contributing Editor

Although still considered a startup after launching in 2013, BlueOSS has come a long way in a short amount of time. The company, which sells billing software on an as-a-service basis, has already been named a key innovator in the cloud billing market by MarketsandMarkets and has had some major achievements in 2014.

TMC’s (News - Alert) Peter Bernstein spoke to BlueOSS CEO Tim Cook at the ITEXPO (News - Alert) Miami event, at which the company launched the fourth generation of its Cloud Innovation Suite (CIS). The solution is meant to enable cloud telecom billing for Unified Communications (News - Alert)-as-a-Service (UCaaS) and is geared toward telecom and cloud service providers as well as VARs who require support for recurring revenue billing.

“Resellers are selling services that require monthly recurring revenue billing, and sometimes measured billing from a telecom perspective, and their legacy platforms that they’ve been using for billing really can’t support that,” said Cook. “You have to be able to read all the call detail records and then rate them almost in real time.”

The BlueOSS platform can read up to 65,000 records per minute, providing massive scalability that can support up to hundreds of thousands of customers with automated billing. The company’s business model is to sell its billing software as a service, without any contracts, no commitments and no upfront costs. Telecom service providers and other customers simply pay as they go, enabling them to save money and improve efficiencies.

The company’s platform was originally developed 12 years ago for Cable & Wireless (News - Alert), and so is uniquely geared toward the telecom market and those selling telecom services who need to be able to rate usage. The latest generation of the product, revealed at ITEXPO, includes a customized commerce feature that enables integration of cloud solutions as well as the ability to offer bundled product packages tailored to customers’ needs. CIS also provides a customer portal for creating reports, paying invoices, accepting online payments and ordering products. It comes with an integrated business intelligence suite as well, which guides telecoms and service providers to make better decisions that will ultimately improve their profitability.

Edited by Cassandra Tucker
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