Staying abreast with the technology is an essential requirement of all business operations. To gain ground on competition, every business operation needs to be run with great care. But it is important to look at the future at every step. In the world of telecom, the most important and yet divisive technology has been the billing and charging tech. But over the course of last few years, OCS has become the most prized asset of MNO, MVNO, MVNA and MVNEs. It is a real-time telecom charging system that has the potential to charge and bill, both present and future technologies.
The Real Value of Convergent Charging
The most important aspect of an OCS is convergent charging. Without a shadow of a doubt, it is the biggest reason why every telco wants a 3GPP compliant OCS.
It is a lot easier to bundle multiple services in different packages via a convergent system like OCS. You can offer cross-product discounts, bundle disparate services together and innovate as you want. All this is made possible by OCS, which is capable of both session-based and event-based charging. As most services are classified in these two categories, almost everything can be launched via OCS. Therefore, next-gen OCS is the perfect solution for futuristic services like IoT and 5G.
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