OpenNet’s solutions support 5G applications as well as reusable microservices-based architectures that enable it to address highly demanding cases
Santa Clara, California, 3 November 2020 / PRNewswire / – Based on their recent analysis of the global digital business support system (BSS) market, Frost & Sullivan has recognized the Amdocs company Openet, with the 2020 Global Entrepreneurial Company of the Year Award. The company’s open source and cloud-native BSS is a testament to its innovative product architecture, proven implementation and product enhancements for communications service providers (CSPs).
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“To address the volume, latency, and dynamic requirements of 5G applications, OpenSet products are built and designed to be delivered using cloud-core principles. They can support flexible deployment at core and edge. This flexibility allows operators to monetize various features of the network such as service quality and latency and explore new opportunities in B2B, IoT, smart cities, and Industry 4.0. Vikrant Gandhi, Industry analyst. “Openet’s 5G policy and charging functions are integrated into the existing BSS stack and service catalog of 5G networks and provide a 5G value plane that connects IT and business functions on a 5G network in CSP. Open 5G Data Bridge facilitates the conversion from 4G to 5G and vice versa, while Open Data Fabric combines the integration of all data sources into one common format and provides it with a purposeful data set for specific business needs. Processes. “
OPEN demonstrates its expertise in its 5G solutions with the introduction of its developed charging suite, a cloud-native, real-time system that enables distributed 5G charging. A truly agile system, the suite offers monetization flexibility and performance characteristics for the 5G and hybrid 4G / 5G environments customers want. The suite supports new business models and hybrid 4G / 5G deployments, enabling CSPs to migrate efficiently to full-fledged 5G core deployments. In addition, the Openet Policy Controller includes various editable blueprints, which are out-of-the-box policy templates for automated service and slice lifecycle management.
OpenNet employs an extensive library of reusable microservices to provide better product configuration and accelerate the market. Its microsystems-based offerings can be monetized according to CSP’s preferred commercial model to provide pricing flexibility and greater value. Significantly, OPNET has enabled the phased delivery of large digital BSS projects so that CSP can rapidly expand and innovate, while radically updating existing platforms and components. In addition, strategic partnerships with major cloud providers including AWS and Microsoft Azure ensure that virtualized solutions from Openet can be deployed universally.
“By implementing OpenNet’s solutions, CSP has achieved a more than 40 percent reduction in time to market for new service offerings. He said that offer uptake has increased by almost 30 percent and mobile data revenue has doubled. “” Overall, the solution is flexibility, thought leadership, and market momentum to differentiate Openset in a competitive industry and is helping to identify and address customers’ uncertain needs. “
In August 2020 OpenDates was acquired by Amdocs. With a shared commitment to open up, Microservices-based, cloud-native technology Amdocs and Openet are working together to accelerate the cloud and allow CSP to generate new 5G revenue, open new markets and provide a richer 5% experience Are able to Their customers.
Every year, Frost & Sullivan presents the company with an award that has demonstrated excellence in formulating and implementing a strong growth strategy. The recipient exemplifies innovation in products and technologies, leadership in customer value, and speed in response to market needs. The award benchmarking process evaluates emerging market players and identifies best practices that position them for future development excellence.
The Frost & Sullivan Best Practices Awards recognize companies in many regional and global markets for outstanding achievement and superior performance in areas such as leadership, technical innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
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Openet, an Amdocs company, is a major software and service provider for communications companies. Our deep domain expertise and understanding of complex systems, underpinned by the tenacity and determination of our people, enables us to fundamentally change how our customers do business, providing the best in class digital and 5G business support systems Huh.
In an industry where the only constant change is, our open and innovative technology is designed for change. For the past 20 years we have helped the world’s most innovative communications companies manage and monetize their businesses and have evolved from communications companies to digital service providers. This empowers our customers to enter new markets, open new revenue streams and increase profitability.
Amdocs aims to enrich life and advance society, using creativity and technology to create a better connected world. Amdocs and its 25,000 employees partner with leading players in the communications and media industry, enabling Miracle-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services bring greater choice, faster time to market and flexibility to better meet the evolving needs of our customers as they develop, transform and Take your business to the cloud. Amdocs’ revenue was listed on the NASDAQ Global Select Market. $ 4.1 billion In FY 2019. For more information, go to Amdocs www.amdocs.com.
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