Comptel has introduced its MONETIZER™ solution. MONETIZER™ works at warp speed, enabling operators to cut product development cycles from months to minutes, quickly create differentiated offers and onboard new services.
With MONETIZER™, policy is no longer a stand-alone function limited to bandwidth or network congestion management. It is blended with charging into one modular and easy to use product and can be orchestrated with predictive analytics and machine-learning capabilities to uncover patterns in user data, applying those patterns to determine the best offer for each unique customer situation.
Comptel Corporation (OMX Helsinki: CTL1V) recently announced the availability of MONETIZER™, an industry-first business policy and charging toolset enabling digital and communications service providers to innovate and design rich service offers instantly. With MONETIZER™, operators can create, configure, launch and modify dynamic, contextual packages – and profit from consumers’ data usage – in minutes instead of months.
“Generation Cloud customers love what they can do with their data services, and they will continue to consume more of them, so long as operators can create options and provide them rapidly,” said Kari Onniselka, EVP, Intelligent Data, Comptel. “MONETIZER™ enables just this. With it, digital and communications service providers can quickly cut product development and design time, and rapidly roll out a myriad of different service and monetisation options, including shared accounts, Over-the-Top (OTT) content bundles, sponsored services, roaming data packages and time-based app access, to meet consumers’ unique requirements and efficiently generate revenue.”
“As more businesses begin to deploy network function virtualisation (NFV), increasingly advanced policy control and charging solutions – like MONETIZER™ – will ensure the business elasticity that operators need to create new services and solutions for this emerging technology,” continued Onniselka. “It’s shapeshifting, able to adapt to NFV environments and is fully configurable as needed.”
MONETIZER™ goes beyond traditional Policy and Charging Rules Function (PCRF) by introducing natively combined policies, rating and balance management software modules. It also leverages a common easy-to-use and consumer-like Charging Policy Offer Designer (CPOD) that supports the hyper-fast onboarding of new or third-party services.
The solution brings down offer creation time by decoupling the customer-facing offer design work from the network-facing technology setup and configurations. Now, marketers and project managers can spend their time developing and growing the business, without worrying about technical details or if creating complex bundles is even possible.
“MONETIZER™ is a peace-keeping force between business teams and network teams, reducing the friction between these entities, which often kills speed and innovation,” said Onniselka. “In the era of the Internet of Things (IoT) and with cloud services and OTT collaboration, monetisation opportunities are endless. Removing complexity and slowness from the offer creation process—and without losing control over it—is essential.”