Monetize mobile network infrastructure and digitize assets
IoT/M2M |
The Challenge
IoT/M2M is a growing B2B/B2C market that allows CSPs to further monetize existing mobile networks and collect additional revenue from emerging wireless services. However, similar to the Wholesale and B2B2x markets, providers must have a BSS/OSS capable of handling the scale and complexity of IoT/M2M in order to seize this market opportunity. IoT-specific requirements include the ability to handle complex frame agreements, handle large postpaid usage charges, produce complex bills and invoices, and manage settlements. In addition, IoT requires tighter cost efficiency of the underlying infrastructure and the supporting systems, since the revenue from each individual IoT service is very small.
The Solution
CompaxDigital BSS/OSS is a proven solution for IoT/M2M with out-of-the-box capabilities, including the ability to manage exceptionally large bills and invoices (tens of millions of subscribers), complex account structures, volume-based discounts and penalties, resources and number management, complex inquiries and settlement management processes, flexible invoice data delivery, and so on.
In addition to the main functional components required for the IoT solution, CompaxDigital also provides a unique multi-tenant deployment, available both as public cloud, private cloud, or on-premises, which enables efficient and agile management of the large IoT customers, allowing them to be added as tenants on an environment that shares the same infrastructure, codebase, integrations, and business processes.
CompaxDigital Key Capabilities for IoT/M2M
Product Catalog & Frame Agreements
Manage all wholesale products and offers with complex frame agreements, volume-based discounts, and flexible usage rules (e.g., activated vs non-activated SIMs)
Multi-Tenancy
Ability to share infrastructure and reuse integrations and business processes, as well as provide cross-domain provisioning, and instantly add new wholesale customers
CPQ and Order Management
Agile, microservices-based workflow management and a configurable way to do a flexible wholesale CPQ and order management
API-first Provisioning for Partner Products
Full set of REST APIs enabling wholesale customers to access the products they use to provide a full set of operations such as SIM provisioning, etc.
High-Volume Billing
Easy to setup and quick to execute large bill runs for complex billing accounts with tens of millions of customer subscriptions, such as large IoT bills
Flexible Invoicing
Setting up complex business accounts, invoice review and approval processes, and invoices distribution to multiple addresses in multiple formats
Cloud-Native BSS/OSS for Tier-1 B2B IoT
Full BSS/OSS Stack to enable global IoT connectivity for enterprises
Cloud-First BSS/OSS for B2B IoT Rollout
Full BSS/OSS Stack to enable rollout of next-gen IoT connectivity for B2B customers
Key Benefits Achieved
Secure market differentiation thru future-proof technology.
- Flexibly manage wholesale IoT services
- Enable complex and high volume billing
- Support complex business accounts and approvals
- Build once & reuse as-a-service across offerings or segments
- Share infrastructure and reuse integrations and business processes
- Deliver new functionality via configuration and codebase reuse
- Manage exceptionally large bills and invoices
- Complex inquiries, settlements and disputes
- Flexible invoicing, complex invoice approvals
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