|By Business Wire||
|January 9, 2014 11:45 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/58kbvh/global_oss_bss) has announced the addition of the "Global OSS BSS Market Forecasts Report, 2016" report to their offering.
Services providers and carriers are under huge pressure due to a declining ARPU, increasing subscribers, growing demands of end-users, and increasing competition. In order to withstand the pressure, there was an urge to focus on innovation and explore additional revenue streams. This has increased the demand for OSS integration, thereby contributing to the growth of the market.
Ranging from C language to XML, vendors use different programming language for their OSS/BSS services. Apart from the programming language the operational framework also differs from vendor to vendor. In order to increase the ease of integration and enhance the interoperability features of the OSS/BSS systems, telecom companies are initiating a move toward using a common platform. The OSS/BSS vendors have come up with initiatives such as the New Generation OSS by the Telemanagement Forum and OSS/J, i.e. OSS on a java platform. These initiatives also complement each other very well. With this, the cumbersome process of integration can be simplified. The issue of interoperability due to different operational frameworks as well as different programming languages will be minimized and will provide greater flexibility to the companies using OSS/BSS systems. This will enhance the business process performance by increasing the quality and reducing the lead time. It will also minimize the deployment and managing costs of the OSS/BSS application during its life cycle.
Further, the report states that during the recent downtrend of the Telecom industry, issues with the internal systems in the Telecom industry were solved momentarily by making stopgap fixes in the internal system, which left the unconnected internal systems at a bit of a stumbling block in the long run. End-users find opting for next-generation OSS/BSS systems a cheaper alternative to upgrading their existing systems due to rising maintenance costs.
The key vendors dominating this space include:
- Accenture, Amdocs Inc.
- Huawei Technologies Co. Ltd.
- Nokia Solutions and Networks.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Technical Overview
07. Market Landscape
08. Market Segmentation by Expenditure
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/58kbvh/global_oss_bss
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