Netcracker Technology has unveiled its Cloud-Based Online Charging System (OCS), a next-generation offering that has been optimized to meet the requirements of the digital world.
As the industry's first always-active OCS platform, Netcracker's Cloud-Based OCS addresses all of the key pain points associated with legacy, hardware-based charging systems.
The platform enables always-on availability at a lower cost as well as cloud elasticity and scalability in order to keep up with the demands of digitalization.
The platform also enables converged revenue management scenarios; support for VoLTE, virtualized, 5G and IoT services; deployment flexibility across any physical and virtual environment; and embedded analytics.
"Netcracker's Cloud-Based OCS underscores the right approach for service providers that are looking to monetize cloud and virtualized services in today's digital world," said Karl Whitelock, global director of operations, orchestration, data analytics and monetization (ODAM) at Stratecast.
"As a software-centric solution that relies on configurable parameters and not complex customized code, Netcracker's scalable OCS can help to address any level of transaction processing need, which is essential for delivering future-proof operations in the journey to becoming true digital services providers,” said Whitelock.
Sanjay Mewada, chief strategy officer at Netcracker, said traditional revenue management platforms have not been able to keep pace with the needs of communications service providers as they transform into digital service providers.
"Netcracker has evolved its OCS to address these precise needs,” said Mewada. “Our Cloud OCS, with its unparalleled elasticity, always-on availability and embedded analytics, removes the barriers to digitalization and allows our customers to rapidly monetize digital offerings, such as VoLTE, 5G, virtualized and IoT services."