Monetisation
Deliver 5G and IoT applications with flexible OCS, CCS and BSS solutions.
Who needs it?
In our on-demand and rental society, IoT enables many ‘products’ to become ‘services’, which are then charged on a service outcome, subscription and/or usage model basis as defined by the application's value. Many service enablers are failing to win business because they can not build an efficient approach to monetisation that supports new charging models required to build a sustainable business. With an obligation to billing-on-behalf and settling with multiple partners on new metrics, the monetisation operation is more complex and risky. As a service enabler for many businesses, there is a need for flexibility from deal to deal. Lifecycle’s OCS and CCS solutions are designed to deliver and manage this complexity and agility for your business.
High volume customer billing and payment collection
Lifecycle's OCS, CCS and BSS solutions are designed to support all 5G and IoT projects, whether large or small. New business models can be monetised quickly, reducing costs and time to market. Through network provisioning and seamless integration with existing BSS infrastructure, you can easily generate a single bill on behalf of all service providers.
With our user-friendly software, you can better understand end user behaviour and efficiently manage connectivity and data from millions of IoT devices to reduce operational risk and customer service complexity. For IoT projects, you are in the driving seat, with autonomy for the definition of new commercial propositions.
Additionally, you can assign a monthly data allowance to each end user, allowing them to control their own usage in compliance with Ofcom regulations while you protect your revenues. End users will receive notifications when they have used up their allowance and can also be offered add-ons.
