TechNavio today launched its report, Global Convergent Charging Software and Service Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”In real-time convergent charging, the session control layer of the convergent charging system supervises the ongoing sessions for voice calls, data usage, and the limit of multimedia services, and terminates the services when the charging layer indicates that the customers’ credit has been depleted to the minimum level. Hence, real-time convergent charging enables a telecom operator to terminate a service once the credit of the customer crosses the limit, which thereby prevents revenue leakage. Thus, along with managing and generating a single invoice for various telecom services, convergent charging software helps in minimizing the revenue loss of the telecom operators. The increasing adoption of real-time convergent charging is an emerging trend in the market.”
According to the report, one of the main drivers is the increasing adoption of triple-play and quad-play services. Telecom service providers are migrating from legacy charging software to convergent charging software in order to be able to generate a single invoice for both triple-play and quad-play services. Convergent charging software also enables telecom service providers to offer various combinations of these two services to their target customers.
Further, the report reveals that the need for a skilled and trained workforce is posing a major challenge to the growth of the Global Convergent Charging Software and Service market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-convergent-charging-software-and…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Telecom market research, please visit https://www.technavio.com/telecom
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TechNavio Announces the Publication of its Research Report – Global Convergent Charging Software and Service Market 2011-2015
