IoT can be quite a challenge for a telecom operator, especially a small one like an MVNO (Mobile Virtual Network Operator). It requires an MVNO to grow in different verticals at the same time, so it can maintain good quality of service to its customers. IoT is a technology, in which, you cannot be half-hearted. From connectivity to IoT billing, you need to get everything right. This is why you need a comprehensive internet of things connectivity provider who is also a master of managing the entire telecom platform.Continue reading
The number and value of subscribers plays a huge role in the success of telcos. The larger the number and higher the value of each subscriber, the better is the revenue. So, for operators, it is vital that they have the right strategies in place to attract large number of valuable subscribers for their business. And this can only be done if you have the right online billing solutions.Continue reading
IoT can be a hard nut to crack for MVNOs with traditional billing and B/OSS platforms. The scope of IoT is immense and requires proven expertise in the telecom domain. For an MVNO, the challenge is to grow its capabilities in a range of different verticals and at the same time come up with innovative business tactics. However, doing both at the same time can be a huge struggle for small virtual operators. Therefore, they need the help of proven IoT services provider.Continue reading
Understanding the pulse of the market is very important for any business operation. In order to get ahead of the competition, it is vital for entrepreneurs to analyze what is happening and plan accordingly. The same is true for an MVNO, which is a small fish in the big pond. In order to compete with the bigger players in the market, an MVNO has to conceptualize exciting offers for its subscribers. To do that, it has to look at the future.Continue reading
Is data irrelevant if it is not being applied in a practical and meaningful manner? This is a question that every business owner needs to consider. With the ever-expanding market of the Internet of Things (IoT), businesses around the globe are experiencing an influx of data generation.
Billing is one of the most critical components for any business but it is one that has advanced to an entirely different scale than in years past. Back in the day, organizations could flourish with legacy-based billing solutions implemented as the models were much more simplistic and the market was not nearly as optimized.
We’re living in a world where every day, there is an innovation. An era where temperature, switching on and off security lights, monitoring water levels in our gardens is done through the Internet of Things. It has been predicted that by the end of 2020, there will be an increase in the use of IoT devices by 65%. This would automatically result in a need for better monetization of IoT services, for which improved IoT billing system would be needed.
As the age of IoT beckons, the telecom industry is at the cusp of a mega transformation. The time is ripe for those who want to take a leap and truly transform their business into something spectacular. The number of IoT devices is expected to make a jump from the present-day 26.66 billion to 75 billion by 2025. Such a fast influx of new devices is only going to increase the competition between the existing players in the market. In these highly competitive times, a cutting-edge IoT platform can be the difference maker between companies and presents a remarkable opportunity for those who are willing to change according to time.