In recent years, the Internet of Things (IoT) has evolved from a concept to a widely used solution in households and businesses. According to predictions, 25.4 billion IoT devices will be on the market by 2030, up from 10 billion in 2021. IoT devices can connect to more extensive networks, which gives them a wide range of possibilities. Some sectors utilizing IoT technologies are utilities, retail, and agriculture.
The market for outsourcing Telecom billing software solutions can increase by USD 6.75 billion between 2020 and 2024. Throughout the projected period, the growth pace will pick up, and the market will expand at a CAGR of about 6%.
The advent of new technologies like IoT and 5G are putting intense pressure on the B/OSS systems employed by telcos. Everyone wants their services to be run smoothly, which is the primary reason why OSS BSS solutions have become vitally important. Continue reading
It’s no secret that telecom industry is going through a major transformation. With traditional telecom services no longer driving revenues, there is an urgency to bring new services to the market quickly. To fulfill this requirement, cutting-edge telecom OSS BSS solutions are required and they are needed ASAP.
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A study by ‘Stratistics MRC’, a leading global survey company, reveals that global telecom billing market is expected to grow from $8.98 billion in 2017 to $20.99 billion by 2026. Continue reading
Evolution of technology has touched each and every aspect of our lives. There are some changes we experience, like evolution of social platforms such as Facebook and there are some changes that we don’t, like evolution of telecom postpaid billing system.Continue reading