by Hassen Hamza, Presales & Business Development Manager MEA, Nexign.
The Internet of Things (IoT) and 5G monetisation are important considerations for communications service providers (CSP) over the globe, with so much more still to understand about how operators can use these technologies to unlock their full potential.
CSPs will either have to extend their current systems or deploy new platforms to enable effective monetisation of use cases.
Future-proof business support systems (BSS) should be able to support all types of charging scenarios, pricing models, quality of service (QoS) policies and interconnected relationships. Beyond commercial, architectural and technical challenges, CSPs will look for optimal total cost of ownership (TCO) platforms, suitable for multi-tenant and multi-device environments, provided by vendors that are ready to offer innovative business models suitable for the digital economy era. NIDD (Non-IP-Data-Delivery) case is one of the examples of economical effective approach to serve millions of non-human IoT devices on the existing network with low impact on limited radio spectrum and core network resources.
5G networks, hailed as the next major milestone for mobile communications, have thrown the world into a frenzy, with CSPs trying to maintain the edge in connectivity and exploit the vast opportunities the technology is expected to offer. The impact will go beyond ubiquitous, ultra-fast connectivity. It will also have a profound impact on operators’ monetisation streams.
Consequently, operators will need to transform their BSS in key areas to be able to capitalise on the opportunities presented by 5G. BSS providers will need to also make changes to their systems – this will affect real-time domains such as rating, charging and policy control. The changes will focus on complex usage-cases that require integration with a wide range of other systems or complex interactions. These include IoT, collaboration and settlement payments with partners, eSIM subscriptions management.
Another important usage scenario is network slicing support. The telecom operator’s network should be able simultaneously to serve different domains which have different requirements. In one case, an operator needs to ensure high speed for each subscriber using new services, for example, real-time video with augmented reality (AR) technologies. In the other case, it’s necessary to provide the ability of millions of sensors to work for the benefit of smart cities. And finally, for self-driving vehicles and mission-critical services, reliable communication with minimum latency is vital, especially under conditions of congestion in the network.
For all industry vendors―including infrastructure, applications and BSS—5G adoption will be a serious opportunity to not only keep market share, but to grow it significantly. Only vendors with new generation systems with future-proof architecture and a clear vision, for how to generate revenue growth for CSPs, will be considered in future projects. Vendors will need to provide systems that support telcos in convergent scenarios and different types of networks, on their journey towards the 5G and IoT monetisation era.