Saratoga, Calif., October 31, 2019 — MATRIXX Software, an innovation powerhouse committed to transforming global commerce, today introduced the industry’s first 5G monetization platform including a 5G 3GPP-compliant Converged Charging System (CCS).
As 5G rolls out, Communication Service Providers (CSPs) are transforming their legacy billing and charging systems, ensuring they can fully monetize their network investments across consumer and enterprise while leveraging emerging devices and the Internet of Things (IoT). CSPs need 5G-ready solutions now so they can introduce new services and business models quickly and easily, an essential need in competitive markets and an imperative for full-scale 5G deployments.
“Implementing MATRIXX’s 5G-ready solution provides operators a head start on innovative packaging and pricing ahead of 5G standalone deployments,” explained Marc Price, MATRIXX CTO. “MATRIXX is working with operators to plan 5G standalone deployments, where 5G services will demand the agility of a cloud native monetization platform.”
MATRIXX Software is at the forefront of enabling CSPs to rapidly launch new services and fueling network agility with an all-digital, product-first approach. Using MATRIXX, many leading CSPs, including Telstra, Swisscom, Orange Poland, Vodafone New Zealand, Ooredoo and Zain, have gained traction and market share by quickly upgrading their monetization platforms and launching new business models and service offerings.
“An architecturally agile, elastic charging engine with support for standardized interfaces is key for the effective monetization of new services enabled by 5G,” said John Abraham, principal analyst, Analysys Mason. “MATRIXX has a well-regarded monetization platform that is favorably positioned to support CSP’s new 5G use cases.”
This new release delivers operational efficiencies and cost benefits by harnessing microservices and containers orchestrated with Kubernetes. It features open-source Cloud Native Computing Foundation (CNCF) components with web-scale advantages enabling platform independence.
It also supports the full spectrum of monetization across 3G, 4G and 5G networks, providing a single platform on which operators can standardize their offerings while simplifying their IT infrastructure. The extreme scalability coupled with the business configurability of MATRIXX enables new use cases requiring ultra-low latency and dynamic network slices, including right-sized Service Level Agreements (SLAs) and pricing.
This newest version of MATRIXX supports:
- Auto-healing
- 3GPP-compliant 5G Convergent Charging (CHF/CCS)
- 3GPP-compliant 5G Services Based Architecture (SBA)
- Real-time transaction processing for all network events and digital channel engagements with an average latency of less than 10ms
- Unmatched scalability with a cloud native architecture that supports stateful transaction processing for all events
With MATRIXX, CSPs can support dynamic and personalized offers across a wide range of use cases such as:
- Enhanced Mobile Broadband – Let consumers access the fastest network speed when they need it most, for example, downloading a 4K UHD movie in seconds just before they get on a flight.
- Cloud-Based Gaming – Provide cloud-based computing resources combined with high speed, low latency connectivity to deliver rich gaming experiences to a much wider audience.
- Consumer IoT Connectivity – Encourage users to connect all their SIM and eSIM devices through multi-device discounts, shared balances, real-time alerts and usage controls.
- Hyper-Segmentation of Services – Provide new service propositions that appeal to specific segments that can be created quickly, scaled to meet demand, then taken down when no longer needed.
- Enterprise IoT Connectivity – Enable enterprises with solutions that provide real-time product diagnostics, telemetry and other machine-to-cloud use cases.
Designed and built for the modern era, the multi-patented, award-winning MATRIXX platform enables a digital-first reinvention of telco. Harnessing a cloud native architecture, it allows operators to scale a new generation of services quickly and effectively while ensuring the high availability of distributed systems. Built to scale for digital, 5G and IoT services, MATRIXX provides operators the agility and elasticity needed to compete and win now and in the future.
About MATRIXX Software
MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets.