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Charging systems require a radical evolution to support current and future needs and enable effective 5G monetization. Patching legacy charging systems and focusing on short-term goals isn’t enough to unleash the true value of the 5G network. The charging system must evolve so CSP can thrive and climb the value chain to bring sustainable, meaningful, business growth.
To grow beyond connectivity, and increase 5G revenues, charging systems need to evolve. Firstly, legacy charging systems can only count bytes, so they can only charge for bytes. But legacy systems are also highly customized and complex, and only support traditional B2B or B2C business models.These systems are evolving towards future-ready charging systems that are cloud-native, modular with microservices architecture, and built to be open and aligned with 3GPP standards. They also support agility and faster time to market with no-code configuration that gives power to the business and reduces the reliance on internal and external IT teams. These solutions can better handle the complex ecosystem models that will come with 5G and directly integrate with 5G SA core network functions to let Service Provider business teams differentiate lots of chargeable new network dimensions.Cloud-native convergent charging solution that provides real-time rating and charging capabilities, enabling new monetization opportunities for CSPs and enterprises. New charging solution gives CSPs the flexibility and agility to move beyond connectivity to charge for anything – ‘anything you can measure; you can charge for’.
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