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
Bespoke services are those services that are designed or packaged as per user requirements. From apparel industry to furniture industry, bespoke products remain popular amongst consumers. Telecom business is no different. Customers of today do want their services to be packaged exactly as they want. MVNO mobile service providers can instantly give a lift to their business prospects if they can manage to offer bespoke service packages.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.
It is virtually impossible to run a successful business without data. The importance it holds is irreplaceable. Yet, at the same time, huge volumes of data will be meaningless without application. Corporations need to utilize data analysis tools to process this information to ensure the utmost value is being provided from the data that is collected.
Did you know that your smartphone has a sensor that turns off the display when the phone is held close to the ear? If not for this sensor, you would find it hard to speak/listen on the phone without accidentally pressing on the touchscreen. Just imagine muting the call inadvertently and speaking for a long time. This does not happen because your phone has a magical in-built sensor called proximity sensor.
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.
IoT is making devices smarter and our life better. It has huge potential for telecom companies that are looking to increase their revenue in the near future. However, venturing into the IoT domain has its own fair share of challenges.Continue reading