1. Market Research
  2. > Telecom
  3. > Mobile Services Market Trends
  4. > Driving Profitability in the Connected Economy: How Real-Time B2B2X Billing Enables the IoT Marketplace 

Driving Profitability in the Connected Economy: How Real-Time B2B2X Billing Enables the IoT Marketplace

Introduction

Before the days of talking toothbrushes, before cars provided access to the Internet, and before “booking a room” meant asking strangers to rent you part of their home, communication service providers (CSPs) sold just network services—mobile voice, data and text messaging, along with fixed-line voice and Web access. What made CSP services appealing was the single source of supply and usage-based measures for calculating a bill. Minutes of use for voice, mobile text messages sent, or data access volumes, counted against a pre-paid or subscribed level of spend.

As recently as four years ago, usage-based billing was the primary means CSPs used to charge for all communication service bundles. Usage-based billing is still the prevailing way in which network-based services are charged, although more complex models are now coming into play. For the rest of the world’s industries, from manufacturing to financial services and from government to agriculture, a subscription billing model is the dominant means for monetizing digital services today.

Real-time usage-based billing is a new concept for most industries. However, today’s connected economy is about real time. Real-time access to any type of data service, real-time access to mobile apps, real-time interaction with different “devices and things,” and real-time delivery of all forms of content—video streaming, surfing the Web, and on-line gaming, for example. CSPs engage with real-time monetization tools that take advantage of network usage measurements, to offer bundled service packages that now involve network and partner-provided interaction. Real-time purposebuilt analytical tools help CSPs understand customer usage behavior; the results of which can be aligned to trigger new service offerings in real time when usage conditions dictate.

Real-time, policy-enabled rating & charging, combined with self-service customer care, are the key components that make real-time CSP service offerings a business reality. For all other industries that incorporate communications services into the goods (and services) they provide, real-time monetization means real-time accountability of the revenue flow between customers and partners. Within today’s increasingly complex B2B2X ecosystem of providers, customers, and partners, realtime monetization enables business opportunities not previously possible.

Table Of Contents

Driving Profitability in the Connected Economy: How Real-Time B2B2X Billing Enables the IoT Marketplace 
1DRIVING PROFITABILITY IN THE CONNECTED ECONOMY: HOW REAL-TIME B2B2X BILLING ENABLES THE IOT MARKETPLACE

SPIE 2016 #5 - February 5/2016
1 Introduction
2 Complexity Abounds within the Global Connected Marketplace
3 Monetizing the Connected Economy: A Critical Business Challenge
4 Why Real-Time Monetization is So Important to IoT Solutions
5 The LogiSense EngageIP Usage Rating and Billing Platform
6 Stratecast - The Last Word
7 About ODAM
8 About Stratecast
9 About Frost and Sullivan

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

Global Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

  • $ 19995
  • Industry report
  • August 2016
  • by Pyramid Research

Summary Pyramid Research report Global Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues built using extensive ...

Middle East and North Africa Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

Middle East and North Africa Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

  • $ 10995
  • Industry report
  • September 2016
  • by Pyramid Research

Summary Pyramid Research report Middle East and North Africa Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues ...

South America Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

South America Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues

  • $ 9995
  • Industry report
  • September 2016
  • by Pyramid Research

Summary Pyramid Research report South America Mobile Services Market (Volume and Revenue Analytics) to 2020: Review of Mobile Subscriptions Segmentation, Usage, ARPS, Churn and Overall Revenues built using ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.