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New Cloud-Ready Revenue Management Solution Enables Group Companies to Bring New Offers to Market in Minutes, rather than Months
Ooredoo Group and Ericsson have agreed a five-year contract to implement an innovative revenue management system across the Group’s footprint in the Middle East, North Africa and Southeast Asia.
By deploying the next generation charging and billing solution, Ooredoo will be able to offer customers the products they need more quickly and be able to tailor pricing, packages and services according to customer demand in each market.
Ericsson Revenue Manager is a cloud-ready convergent charging and billing system that redefines the role of business support systems (BSS). It makes innovation fast and efficient, and opens the door to easier digital services creation that spans beyond telecom and integrates partners from different industries. Ooredoo Group companies will enjoy a single, converged platform that enables them to handle all their users and services, regardless of payment option or access method.
The solution will be gradually deployed across all Ooredoo operations and will enable them to bring new offers for telecommunication services to market in minutes, rather than months.
Deploying Ericsson's software and cloud technologies will also support Ooredoo’s ongoing Digital Business Transformation.
As a result, Ooredoo will realise significant cost savings from replacing its existing systems and local agreements with a pioneering new group-wide licence model and the latest evolution of Ericsson’s charging and billing solution across its operations.
Waleed Al Sayed, Deputy CEO, Ooredoo Group, said: “Across our footprint, Ooredoo is aiming for data experience leadership, and placing renewed emphasis on empowering our customers and giving them the services they need when they need them. Through this agreement with Ericsson, we will enable every Ooredoo operation to deliver fast, customer-oriented offers and launch new data products and services that support our growing portfolio of digital services and enables the growth of the ‘Internet of Things’.”
Rafiah Ibrahim, Head of Ericsson Region Middle East and East Africa, said: "We are proud to collaborate once again with Ooredoo Group in their strategic digital transformation journey. This collaboration recognises the innovative Ericsson Revenue Manager product and its capabilities to deliver a differentiated customer experience. Today’s announcement highlights our vision of the Networked Society and our role in transforming our customers’ business and operations.”
The cloud-ready Ericsson Revenue Manager will provide Ooredoo with a number of advantages as it updates its product portfolio and drives the development of digital innovation across its markets. The simple configuration reduces dependency on technical departments, makes it easier and faster to launch new services, and helps future-proof operations against changing demands from customers and technological disruption.
Ooredoo will begin rolling-out the solution for Indosat Ooredoo, its largest operation, over the next month, before deploying across its other operations in 2016 and 2017.
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Ericsson is the driving force behind the Networked Society – a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world’s mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions – and our customers – stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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© Press Release 2016
