Reflecting its growth in the expanding USD6.46 billion-dollar revenue-management market, Ericsson (NASDAQ: ERIC) was ranked as the worldwide market-share leader in Real-Time Charging/Prepaid Billing and Mediation by industry analyst firm Analysys Mason in its annual Revenue Management Systems research report.
According to the report, Ericsson ranked second in Product Revenue market share and indicates that –if Ericsson’s numbers included the performance of recently acquired Telcordia’s solutions and services – the company would have earned the top spot on the worldwide list in 2011.
Per Borgklint, head of Ericsson’s Support Solutions business, said: “Operators require an end-to-end approach to their mediation, charging and policy, and billing needs to ensure flexibility, openness and business agility that enables rapid service innovation to drive revenue, while helping to reduce costs by consolidating their IT environment and running leaner operations. This report reflects close to one thousand billing and revenue management solutions that we have deployed, which support more than 2 billion subscribers worldwide.”
In overall Revenue Management, Ericsson moved up from fourth to third in global market share – again, without including Telcordia’s solutions and services. In addition, Ericsson holds the number-two ranking in Convergent Billing worldwide market share, where Analysys Mason “has seen a surge in convergent system sales.”
Ericsson’s billing and revenue management products help operators address growing competition, rapidly increasing consumer demand for services and downward pressure on pricing by driving efficiency across all operations. The company’s products enable them to charge and bill all types of network service technologies, payment methods, and customer and business partner types within a single system. This capability ensures greater business process efficiency, allows them to reduce capital expenditure on IT and hardware along with all the associated maintenance costs.
Analysys Mason’s report specifically cites Ericsson’s significant install base, strong global sales force that provides direct sales support, strong managed services and professional services support, and Telcordia acquisition as the primary drivers that contributed to the company’s market-share leadership position.
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Ericsson is the world's leading provider of communications technology and services. We are enabling the Networked Society with efficient real-time solutions that allow us all to study, work and live our lives more freely, in sustainable societies around the world.
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