Most relevant trends for the Indian marketplace
The Indian market is poised for a steep growth especially in the prepaid
mobile segment where real-time billing would become critical for success. It is
also introducing smarter phones so data, content and enhanced services would
soon require a well formulated billing strategy. Indian Operators want billing
and customer care systems that have the ability to handle an enormous range of
tasks—from providing customer care support to billing the customer to
generating new revenues—while still preserving the freedom to add other
integrated or third-party applications that fit their business requirements as
it evolves.
Industry experts have highlighted this trend as one of the single-most
important for billing vendors to address. Global industry research firm Frost
& Sullivan recently highlighted the increasing importance of cohesive
billing and customer care systems, citing that "convergent and consolidated
billing solutions will represent a significant portion of future request for
proposals from telecommunication service providers." We definitely are
seeing Indian operators moving towards this directly demanding the depth and
completeness in the solution that could address their immediate requirements but
also a proven R&D path that would ensure the solutions meet their future
requirement as business evolves. Having a consolidated and convergent solution
would mean much greater efficiency in operations and ease of integration. CSG
believes that our continued success in India thrives on our ability to offer the
Best of suite solutions that can cater to the operators needs today but also
well position them into the future.
Other trends that are relevant to the Indian market includes the focus on
convergent billing, real-time prepaid billing, prepaid data & content
billing, and billing of broadband and enhanced services would be the major focus
areas for billing solution providers in the near future. There is also another
segment that CSG sees tremendous growth opportunity in which is the trend
towards self-care and EBPP.
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