Netcracker Receives Global Telecoms Award for Advancing 5G Monetization Opportunities for Telcos

Netcracker Recognized for Delivering Innovative Monetization Capabilities to Help Operators Become Techcos

WALTHAM, Mass.--(BUSINESS WIRE)--Netcracker Technology announced today that it has received a Global Telecoms (Glotel) Award from Telecoms.com for advancements in 5G monetization. The award recognizes Netcracker’s efforts in helping communications service providers (CSPs) move beyond connectivity to monetizing quality of service and experiences – such as those provided by partners – and other innovative use cases.

Netcracker Digital BSS, including Convergent Charging System (CCS), Revenue Management, Customer Management and Partner Management, gives CSPs the tools to take advantage of new monetization opportunities by quickly adapting to any service, business model or use case and supporting complex real-time pricing based on any attribute. Netcracker CCS enables efficient monetization of a number of critical use cases, including charging based on a wide range of usage- and network slice-related parameters (latency, throughput, mobility, coverage area, activation/deactivation); charging for edge infrastructure resources; and charging for non-telecom multi-partner services such as AR/VR, cloud gaming and more.

“Monetizing 5G remains a significant challenge for the telecom industry,” said Scott Bicheno, Editor of Telecoms.com. “In winning this award for its Convergent Charging System at the recent Glotels, Netcracker has been recognized by its peers as leading the charge towards unlocking the new revenue opportunities of 5G. I congratulate Netcracker on finishing at the top of a very competitive field.”

“We are honored to receive this award from Telecoms.com as we continue to help our customers evolve and transform into techcos, including opening up new revenue streams,” said Ari Banerjee, SVP of Strategy at Netcracker. “Netcracker strives to provide innovative solutions that are able to adapt to the market and remain competitive as the industry continues to rapidly grow and change.”

About Netcracker Technology

Rapid digitization is disrupting the status quo of today’s communications markets. Constantly evolving customer needs and behaviors require service providers to adapt quickly and diversify their businesses to deliver the outcomes that their customers expect. Building digital ecosystems, anticipating customer requirements and delivering a digital-first experience are essential for service providers to accelerate innovation, expand into new markets and become the disruptors in the 5G era.

Netcracker Technology, a wholly-owned subsidiary of NEC Corporation, has the expertise, culture and resources to help service providers around the world transform their businesses to thrive in a digital economy. Our innovative solutions – including our flagship cloud-native Netcracker Digital Platform – value-driven services and unbroken delivery track record of three decades help service providers to achieve their digital transformation goals, drive the telco to techco evolution within their organizations and realize business growth and profitability. For more information, visit www.netcracker.com.