BSS on Cloud: Boosting Revenue Streams for CSPs

Posted By :

We discuss the following topics in this blog:

  1. Digitisation Driving Cloud Model for CSPs
  2. Cloud BSS’s Scalable Architecture
  3. Are CSPs Ready for the Cloud Journey?

In addition to these topics, we shall also be answering the following FAQs:

  1. What is an Optical Fibre Cable?
  2. What is WiFi?

How Digitisation is Driving Cloud Model for CSPs?

The move of Business Support Systems (BSS) to the Cloud model is taking place rapidly across Telcos.  Growing digital devices, mobile applications, and dynamic customer choices are forcing Communication Service Providers (CSPs) to adopt agile technologies and provide ease of adoption which in today’s scenario is possible by utilizing BSS on cloud model.

The primary driver in BSS adoption is managing business aspects, securing revenue, and supporting varied business functions like marketing, product offerings, sales, contracting, and service delivery.

CSPs adopting cloud BSS can quickly reinvent their core business and develop a new partnerships ecosystem that will help create more contemporary offerings and optimize the customer experience.  The market for cloud BSS has grown to USD 13.4 billion in 2020, and they are poised to reach a size of USD 30 billion by 2026. 

Cloud BSS’s Scalable Architecture

Cloud BSS’s scalable architecture offers flexibility to handle peak rating times efficiently, and CSPs can reduce costs up to 75 percent by migrating away from expensive third-party databases.  Moving it to cloud hyperscaler architecture, BSS offers BSS as a service’, making CSPs focus on creating, launching new services, and improving customer experience. Shifting BSS to the cloud will also mean reduction from outdated and costly to manage.

The mindset behind choosing a right digital BSS software solution is in mind customer preferences and is tightly knit with the CSPs. BSS is the primary monetization engine of investment.  BSS cloud offers, BSS in SaaS models, enabling operators to run in less than 30 days.  Its ready-to-use billing platform will ensure faster service rollouts and quick returns. The initial subscription starts with a set of subscriber licenses that lets CSPs begin capitalizing on BSS opportunities, giving them the flexibility of a usage-based subscription as they expand.

CSPs will start to realize that savings in CapEx and OpEx can be significant by taking advantage of cloud’s economies of scale.

Partnership relationship management and product catalog are critical components in the BSS-cloud journey. It enhances revenues, ensures seamless application integration, and encourages 3rd party vendors to create and deploy applications, resulting in a high-quality customer experience. It also offers customers pay as you go and subscription-based service life cycles.

With extensive automation, well-augmented information models, and open interface frameworks, CSPs can prepare their BSS implementations, supervise the massive scaling of available interface applications, and cultivate money-making digital value ecosystems. CSPs are currently aligning their BSS cloud adoption strategy with their overall digital transformation strategy, including the 5G-IoT builds.

With the coming of 5G, BSS is the primary monetization factor for many CSPs. BSS cloudification will help CSPs focus on core business, strategize on customer acquisition, forsake legacy, and achieve flexibility and resource scaling. Besides this, CSPs will also get new partner participation and help them build agile and automated convergent billing & charging solutions for their customers as well.

Cloud design principles

Are CSPs Ready for the Cloud Journey?

Moving to cloud BSS will ensure revenues by selling it as a service, with optimizing costs and profit margins. Transforming the BSS structure will enable CSPs to embrace a leaner, agile, and intelligent infrastructure to serve as the company’s backbone.  The method to achieve it is to adopt the cloud that offers speed and reduces costs. As an example, a smart BSS can integrate different services and charges into a single customer invoice, thereby simplifying the billing experience for the customer.

Moving away from legacy issues, BSS gives CSPs innovation agility and information, and insights decision-makers can use to run the business architectures more effectively as they are critical enablers of business transformation, maximizing business value while aligning business with IT. 

End Note

It is critical and equally important is to engage and collaborate with, and exercise influence across open ecosystem models, including Telcos, IT, and IoT alliances, and easing partner management and on-boarding of third-party applications in BSS within the cloud environments.[

Organizations can look forward to deploying STL’s Digital BSS portfolio offerings.  STL’s Digital BSS is engineered for the purposes of innovation, offers greater monetization, and is supported with a mobile centric platform.  STL stands out in this space from its competitors and can engage many players like vendors, partners, customers along with Telcos by harvesting cloud-native, microservices, AI, and automation during the entire journey.

Also, check out this on-demand webinar, to help you understand and realize the full potential and tech benefits that STL’s BSS-cloud migrations offer, and to learn how organizations must be well prepared to adapt to the BSS-cloud journey.


FAQs

What is an Optical Fibre Cable?

An optical fibre cable is a cable type that has a few to hundreds of optical fibres bundled together within a protective plastic coating. They help carry digital data in the form of light pulses across large distances at faster speeds. For this, they need to be installed or deployed either underground or aerially. Standalone fibres cannot be buried or hanged so fibres are bunched together as cables for the transmission of data. This is done to protect the fibre from stress, moisture, temperature changes and other externalities.

There are three main components of a optical fibre cable, core (It carries the light and is made of pure silicon dioxide (SiO2) with dopants such as germania, phosphorous pentoxide, or alumina to raise the refractive index; Typical glass cores range from as small as 3.7um up to 200um), Cladding (Cladding surrounds the core and has a lower refractive index than the core, it is also made from the same material as the core; 1% refractive index difference is maintained between the core and cladding; Two commonly used diameters are 125µm and 140µm) and Coating (Protective layer that absorbs shocks, physical damage and moisture; The outside diameter of the coating is typically either 250µm or 500µm; Commonly used material for coatings are acrylate,Silicone, carbon, and polyimide).

An optical fibre cable is made up of the following components: Optical fibres – ranging from one to many. Buffer tubes (with different settings), for protection and cushioning of the fibre. Water protection in the tubes – wet or dry. A central strength member (CSM) is the backbone of all cables. Armoured tapes for stranding to bunch the buffer tubes and strength members together. Sheathing or final covering to provide further protection.

The five main reasons that make this technology innovation disruptive are fast communication speed, infinite bandwidth & capacity, low interference, high tensile strength and secure communication. The major usescases of optical fibre cables include intenet connectivity, computer networking, surgery & dentistry, automotive industry, telephony, lighting & decorations, mechanical inspections, cable television, military applications and space.

What is WiFi?

Put simply, WiFi is a technology that uses radio waves to create a wireless network through which devices like mobile phones, computers, printers, etc., connect to the internet. A wireless router is needed to establish a WiFi hotspot that people in its vicinity may use to access internet services. You’re sure to have encountered such a WiFi hotspot in houses, offices, restaurants, etc.

To get a little more technical, WiFi works by enabling a Wireless Local Area Network or WLAN that allows devices connected to it to exchange signals with the internet via a router. The frequencies of these signals are either 2.4 GHz or 5 GHz bandwidths. These frequencies are much higher than those transmitted to or by radios, mobile phones, and televisions since WiFi signals need to carry significantly higher amounts of data. The networking standards are variants of 802.11, of which there are several (802.11a, 802.11b, 801.11g, etc.).

Leave a Reply

Your email address will not be published.