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BearingPoint, MATRIXX create digital market place to help monetise 5G and IoT

News

Generating a significant bump in revenues from 5G and IoT are two of the biggest challenges facing operators.

Beyond by BearingPoint and MATRIXX Software have partnered to help communications service providers (CSPs) develop, sell and monetise 5G and IoT B2B solutions in real-time via a digital marketplace.

The integration of Beyond’s Infonova Digital Business Platform with MATRIXX Software’s Digital Commerce Platform is intended to help CSPs to combine connectivity and network slicing with IoT, edge and cloud, third-party services and vertical industry applications to unlock new revenue and growth models.

Both platform are cloud-native, microservices-based and developed with API-first architectures to facilitate integration with 4G, 5G and fixed network elements, and to support IT applications across any number of native and partner IT landscapes.

Operators can start with their preferred service or use case that can be rapidly scaled.

Ecosystems beat 5G

A recent survey found 95% of enterprises and small to medium businesses (SMBs) believe that participating in an ecosystem of partners to create and deliver advanced solutions is more promising than the 5G network technology itself.

This partnership is designed to do that, giving them MATRIXX Software’s 5G monetization capabilities, integrated with Beyond’s digital ecosystem orchestration and monetization platform.

Karl Whitelock, IDC Research Vice President, Communications Service Provider Operations and Monetization, comments, “5G is about integrated solutions that require CSPs to seamlessly orchestrate and monetize several technologies and partner contributions often in real-time, which most IT environments cannot address today.

“To get the true value out of 5G, CSPs need to scale their IT to support a growing number of use cases and expanding number of partners, thereby requiring a digital ecosystem orchestration and monetization platform to meet these needs such as that defined by the Beyond and MATRIXX partnership.”

Marrying capabilities

The marrying of Beyond by BearingPoint and MATRIXX Software capabilities include: flexible and scalable real-time charging and monetization such as session-based and SLA-based charging; slice-aware charging; and charging for enterprise IT functions across solution partners and business customers.

The orchestration of 5G solutions is automated using order management and service fulfilment across any IT environment and partners’ systems via a single platform, while managing the technical dependencies between services.

The joint solution is designed to help operators manage and monitor partners' services like self-onboarding and multi-partner settlement agreements.

The companies provide customers with real-time exposure of services, their accurate information on utilisation and balances helps improve customer experience, faster time to market and less IT operating cost.