Global Oss-Bss Software Market Size, Growth, Trends, Industry Analysis and Forecast 2020

Technavio Announces the Publication of its Research Report Global OSS-BSS Software Market 2016-2020

Technavio recognizes the following companies as the key players in the global OSS-BSS software market: Amdocs, Ericsson, Huawei, NetCracker, Oracle, and Redknee.
Other Prominent Vendors in the market are: Aria Systems, Accenture, Analytica Resources, Cerillion, Comarch, Comptel, CSG International, Elitecore Technologies, Global Convergence Solutions, Hewlett-Packard, Hitachi Data Systems, Intec Systems, SAP, Sigma Systems, Subex, Wipro, and Xalted Information Systems.

Commenting on the report, an analyst from Technavio’s team said: “Demand for customized OSS-BSS software is a key trend for this market. Telecom operators are shifting their business model from a technology-centric model to a customer-centric one. Hence, the adoption of customized OSS-BSS software will facilitate telecom service providers to deliver bundled services, which will enhance user experience. The major OSS-BSS functions such as CRM, business intelligence (BI), convergent billing, and revenue assurance require customized software. CRM and BI solutions are used to enhance customer relationships and satisfaction, where the metrics are changing frequently with various product offerings. Hence, telecom operators are increasingly adopting customized OSS-BSS software that have the capability and flexibility to accommodate changes.

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According to the report, increased adoption of convergent billing systems is a key driver for this market. The telecom industry is highly competitive, and players in this market are focusing much on channels that maximize their revenue streams with the adoption of convergent billing systems to gain a competitive edge. Revenue management system (RMS) has undergone a drastic shift from traditional basic billing and charging methods, and...