Legacy BSS modernization for 5G monetization
Most CSPs operate on legacy BSS stack. For a telco of any size to offer & deliver various 5G services at consumer-friendly costs across demographics, a modern digital BSS is the first requirement to fulfill. After the launch of standalone 5G networks, a service provider/operator’s BSS needs to be 5G capable to match the 5G network functions.
5G network slicing & guarantee of quality for enterprise-customer services
5G networks offer network slicing as a basic capability, compared to 4G & 3G’s network slicing restrictions. 5G allows dedicated network slices, using which CSPs can create virtual data channels for single data type services. This not only allows co-creation of enterprise-customer services but guarantees quality of services for them as well. That’s why having a 5G-capable digital BSS lets CSPs leverage opportunities created by 5G technology across all types of B2B2X business models.
Covalensedigital has designed 5G Csmart suite with modular flexibility. Csmart digital BSS is cloud based with a powerful microservices architecture that can be decoupled. Only the module required by a CSP/telco can be offered which functions to deliver a specific service/s to a target customer segment. Not only would this allow for a 5G-enabled enterprise-customer service ecosystem to work but thrive. This makes Csmart – the fastest yet low-cost way to provide service differentiation and meet end-user SLAs. It also allows CSPs to try new revenue streams as part of 5G monetization.
Digital transformation has become a necessity for telecom operators as the industry’s landscape is constantly evolving with emerging new technologies. In 2024, digital transformation isn’t just about integrating emerging technologies to automate business processes. It is rethinking of how digital technologies can be leveraged to generate value and respond to changing market scenarios.
A vital part of this transformation is building future-ready networks and investing in digital operations and business support systems (OSS/BSS) that are efficient, scalable, flexible, and collaborative.
As telecom companies strive to keep pace with the rapidly evolving digital landscape, digital BSS plays a critical role in the operator’s digital transformation journey. This involves managing critical information, helping streamline and optimize business operations and costs, enhancing customer experiences, offering personalized bundles & packages to drive revenue growth, data driven innovation among others.
A cloud native Digital BSS provides operators with the necessary tools and applications to achieve all the above and more. Besides this, it plays a critical role in some key areas to accelerate digital transformation like:
Support strategic goals – Digital BSS supports business objectives of the telecom operator’s digital transformation programs which helps them move towards their strategic goals to evolve as a:
- Best-in-class connectivity provider
- Multi-play operator (fixed, mobile, TV, broadband) by partnering with digital service providers
- Full digital service provider offering a range of digital solutions
- Platform provider working with partners to bring their services to market
Embrace new technologies – Adopting emerging technologies like 5G, IoT, AI, Cloud computing, edge computing and more allows operators to launch new digital services using innovative business models. BSS systems can automate the process of service provisioning and activation, ensuring that services are delivered to customers promptly.
To know more visit: Covalensedigital or Covalensedigital.com
