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Multimedia

Efficient revenue management

Users want control over their spending – giving them the confidence to test and continue using new services. A convergent charging solution enables you to deliver easy-tounderstand, real-time charging for all services and all subscribers, helping you to improve marketing capabilities, boost cost-effectiveness and secure new revenue flows.

  • We enable operators to handle all users and services in the same way, independent of payment options or access technologies.
  • Successfully launching a wide array of new multimedia services to create a richer user experience and encourage uptake of premium services requires an advanced revenue management system solution.
  • You need a secure revenue management system in place to deliver what people want right now – innovative payment and financial services that are efficient and safe to use via a handset.
  • Addressing lower-income segments is the key to success in high-growth markets. With our scalable solutions enabling targeted offerings for these segments, you avoid price erosion and maximize cost efficiencies.
  • Revenue management using real-time capabilities, in which we are a world leader, is the only way for you to control credit and enable consumers to manage their spending.
Efficient revenue management for operators

In brief/In detail

Telecom is merging with other industries, such as IT, advertising and media. New business models are being created that demand supporting systems operating in near or real time. In addition, mobile phones are providing access to financial services.

We are the market leader in real-time charging and mediation. With the acquisition of LHS – a leader in billing and customer care – we are able to offer unrivaled expertise in pre-integrated convergent charging and billing solutions. We enable operators to handle all users and services in the same way, independent of payment options or access technologies.

Revenue management solutions are crucial for all services today, as they enable payment and financial services. Consumer research clearly indicates that consumers also want to extend theuse of mobile phones to pay for train tickets, vending machine purchases or goods in shops.

Industry research shows that the majority of converged service providers’ spending for consolidated mediation systems and rating/charging engines (mediation, rating and invoicing) is driven by the consolidation of billing systems to reduce costs, technology convergence, and the move towards developing a single-source customer record.

Ericsson’s Revenue Management solutions generate both savings and revenue. These solutions make it possible for operators to better target their services in line with user preferences, and, with the right packaging and pricing models, build competitiveness. Operators also gain greater flexibility to leverage new business opportunities with partners.