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Stratecast | Frost & Sullivan recognizes Ericsson with rating & charging market leadership award

2015 Stratecast Global Market Leadership Award in Communication Service Provider (CSP) Billing for the Rating & Charging Market acknowledges Ericsson as worldwide market share leader for this important market. Ericsson Charging System offers operators flexibility without high costs and complex IT environments.

Stratecast, a division of Frost & Sullivan, awarded Ericsson the 2015 Stratecast Global Market Leadership Award in CSP Billing for the Rating & Charging Market, based on a recent report covering this market. Ericsson leads in market share in the rating & charging segment of CSP billing—one of six segments that make up CSP billing, and the largest in terms of revenue. In addition, Ericsson is among the leaders in the overall CSP billing market and in all six billing segments. Stratecast analyzed and interviewed over 100 global suppliers that cover various aspects the end-to-end CSP billing marketplace.

“Stratecast examines the CSP billing marketplace annually, including the rating & charging sector,” said Troy Morley, Operations, Orchestration, Data Analysis & Monetization Strategy Analyst with Stratecast. “The Ericsson billing and policy solution suites offer much in the way of billing capability. Ericsson’s managed solutions offerings can be an effective alternative to licensed ownership of a CSP’s billing functions, and the company offers a strong services organization to support implementation and integration efforts. Stratecast expects Ericsson to continue to grow its customer base and revenues in the coming months and to remain a leader in nearly every segment of the end-to-end billing space.”

Stratecast | Frost & Sullivan’s Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

Ericsson offers two integrated business support solutions for billing and policy management:

  • Ericsson Charging and Billing in One – a single real-time, highly flexible, end-to-end system that supports convergent charging and billing for all market segments – retail, wholesale, residential, corporate, prepaid, postpaid, voice and data, fixed and mobile.
  • Ericsson Integrated Policy and Charging – a scalable, flexible BSS solution that delivers decoupling, configurability, a future-proof product roadmap, convergent real-time charging and policy support, a strong user-experience focus and reduced total cost of ownership. In doing so, it creates an invaluable competitive advantage for operators looking to thrive in a rapidly evolving marketplace.

“Ericsson is honored to have been recognized by Frost & Sullivan for the third year in a row for its leadership in billing solutions,” said Ove Anebygd, VP and Head of Solution Area OSS/BSS, Business Unit Support Solutions, Ericsson. “Monetizing both traditional and multimedia services can be overwhelming for operators, particularly with customers demanding more personalized packages and services and greater control over their spending. Ericsson’s complete billing solutions enable operators to meet market demand, while at the same time reduce operations costs, which is imperative in today’s communications marketplace.”

Ericsson charging and billing solutions are part of the company’s Transformative IT offerings, which include integrated software, data analytics, cloud technologies, and information management and controls. Transformative IT allows operators to take advantage of agile architectures, cloud-enhanced infrastructures and contextually-aware applications that support dynamic offer introduction and optimize resources. By applying IT intelligence to telecom networks and operations, operators can speed their transformation into digital service providers and true ICT players. Ericsson’s team of more than 65,000 service professionals supports these offerings with services such as consulting and systems integration, managed services, product related services and broadcast services. The company is noted for achieving breakthrough results in improving the subscriber experience, helping operators capture new revenues and boosting their business efficiencies.

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Ericsson is the driving force behind the Networked Society – a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.

With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world’s mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions – and our customers – stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

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