Market Reports Center One Stop Market Reaserch Shop Global OSS-BSS Software Market Size, Share, Global Insights, Analysis and Outlook, Emerging Trends and Research Report by Market Reports Center Technavio Announces the Publication of its Research Report – Global OSS-BSS Software Market 20162020 Technavio recognizes the following companies as the key players in the global OSS-BSS software market: Amdocs, Ericsson, Huawei, NetCracker, Oracle, and Redknee. Other Prominent Vendors in the market are: Aria Systems, Accenture, Analytica Resources, Cerillion, Comarch, Comptel, CSG International, Elitecore Technologies, Global Convergence Solutions, HewlettPackard, Hitachi Data Systems, Intec Systems, SAP, Sigma Systems, Subex, Wipro, and Xalted Information Systems. Commenting on the report, an analyst from Technavio’ s team said: “Demand for customized OSS-BSS software is a key trend for this market. Telecom operators are shifting their business model from a technology-centric model to a customer-centric one. Hence, the adoption of customized OSS-BSS software will facilitate telecom service providers to deliver bundled services, which will enhance user experience. The major OSS-BSS functions such as CRM, business intelligence (BI), convergent billing, and revenue assurance require customized software. CRM and BI solutions are used to enhance customer relationships and satisfaction, where the metrics are changing frequently with various product offerings. Hence, telecom operators are increasingly adopting customized OSS-BSS software that have the capability and flexibility to accommodate changes. Browse full report with TOC@ https://marketreportscenter.com/reports/328676/global-oss-bsssoftware-market-2016-2020 According to the report, increased adoption of convergent billing systems is a key driver for this market. The telecom industry is highly competitive, and players in this market are focusing much on channels that Market Reports Center One Stop Market Reaserch Shop maximize their revenue streams with the adoption of convergent billing systems to gain a competitive edge. Revenue management system (RMS) has undergone a drastic shift from traditional basic billing and charging methods, and accounting function to completely new platform that establishes new revenue streams. Further, the report states that integration issues with legacy systems is a challenge to market growth. Most telecom operators prefer to purchase different software for different OSS-BSS functions such as prepaid billing, post-paid billing, enterprise resource planning, CRM, revenue assurance, mediation, and order provisioning. Since different vendors use different technologies for their OSS-BSS product development, it is difficult for telecom operators to integrate multiple functions of an OSS-BSS solution from different vendors. 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. About OSS-BSS Software OSS refers to a specialized software through which a telecom network supports various components within the system such as network operations, service management, and provisioning services, whereas BSS refers to the software that handles tasks such as customer support processes, billing services, order management, and fraud management. These systems support in streamlining operations and implementing service fulfillment. These applications are extensively helpful to manage complex networks and IT infrastructure, service delivery, and customer support. Therefore, telecom operators are investing billions of dollars in revamping their traditional network solutions. Technavio’ s analysts forecast the global OSS-BSS software market to grow at a CAGR of 18.52% during the period 2016-2020. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/328676 Covered in this report The report covers the present scenario and the growth prospects of the global OSS-BSS software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the following: Deployment of OSS and BSS platforms and applications at telecom operator's business systems Sale of cloud billing services such as subscription and update services Functions such as installation, predictive maintenance, and support of the software Increased M&A activities among telecom operators, infrastructure providers, and software providers The market is divided into the following segments based on geography: Americas Market Reports Center One Stop Market Reaserch Shop EMEA APAC Technavio's report, Global OSS-BSS Software Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors Amdocs Ericsson Huawei NetCracker Oracle Redknee Other prominent vendors Aria Systems Accenture Analytica Resources Cerillion Comarch Comptel CSG International Flitecore Technologies Global Convergence Solutions Hewlett-Packard Hitachi Data Systems Intec Systems SAP Sigma Systems Subex Wipro Xalted Information Systems Market driver Increased adoption of convergent billing systems For a full, detailed list, view our report Market challenge Integration issues with legacy systems For a full, detailed list, view our report Market trend Demand for customized OSS-BSS software For a full, detailed list, view our report Key questions answered in this report Market Reports Center One Stop Market Reaserch Shop What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? You can request one free hour of our analyst’ s time when you purchase this market report. Details are provided within the report. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/328676 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
According to the report, increased adoption of convergent billing systems is a key driver for this market. The telecom industry is highly competitive, and players in this market are focusing much on channels that maximize their revenue streams with the adoption of convergent billing systems to gain a competitive edge.
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