By Mayuri De Silva
In today’s chaotic digital landscape, adopting Digital Business Support Systems (BSS) becomes essential for organizations who are looking to revolutionize their customer experiences. The Digital BSS serves as the backbone, ensuring smooth operations and personalized services.
Digital BSS automates and streamlines operations from the very beginning, from discovery and shopping to ordering, billing, payment, and ongoing maintenance. This transformative technology has been designed to support a wide range of services, from traditional offerings to next-generation solutions and value-added B2B2X services.
This article dives into the challenges that businesses face globally in the domain of Digital BSS and explains how Axonect Digital BSS Product Suite effectively addresses these difficulties.
Challenges in the Digital BSS World and Introducing our Axonect Digital BSS Solutions
Becoming a Techco in the telecom sector means a significant move away from the old telco business model and towards one centered on technology. This growth brings telecom companies more in line with customer preferences, product development, and an iterative product-building approach that’s commonly found in technology organizations.
What problems do modern BSS have, and how may they be resolved?
Digital Transformation Acceleration
The COVID-19 epidemic has increased the requirement for enterprises to quickly modify their BSS systems to evolving customer expectations in a more flexible environment. Our Axonect Digital BSS solution, which includes the strong Axonect Self Care Application, is critical to expediting this revolution within the telecom sector. The Self Care Application gives customers comprehensive control over their accounts, services, and subscriptions, providing real-time access to use data, balances, and transaction histories to fulfil the demand for personalized digital experiences and flexible administration of dynamic services.
Beyond improving the client experience with its user-friendly interface, our solution includes a configuration management site that allows system administrators to track consumer behavior. This enables continual upgrades to the BSS system, keeping it nimble and responsive to changing demands. By emphasizing the broader effect of the Axonect Digital BSS solution, we not only assure customer happiness but also assist telecom firms in successfully moving to technology-centric organizations. This method successfully bridges the gap between changing consumer expectations and the accelerated capabilities of a digitally changed BSS environment.
Subscription and Revenue Models
One possible challenge the transition from traditional billing models to subscription-based and usage-based models creates issues in terms of revenue assurance, billing accuracy, and adjusting to the dynamic nature of new digital services.
To address this concern, we provide Axonect Charging & Billing System, a comprehensive solution that directly addresses the challenges of transitioning to subscription-based and usage-based models. This system’s offline usage capabilities, predefined charging logics, and user-friendly billing interface ensure accurate revenue assurance and billing accuracy.
Its adaptability to dynamic charging models is perfectly aligned with the need to adjust to the dynamic nature of emerging digital services, making it an essential solution for telecommunications organizations navigating these transitions.
Evolving Customer Expectations
Customers continue to want more personalized and immediate digital experiences. Meeting these expectations need BSS systems that adapt and deliver real-time information, flexibility, and customization possibilities.
Utilizing our generative AI capabilities, we provide Axonect Customer Explore (CRM), a solution designed to meet the changing needs of customers. With a 360-degree view of customer profiles and interactions, the application’s minimum hardware requirements and audit trails address the critical need for flexibility and cybersecurity safeguards.
Axonect Customer Explore addresses the demand for immediate and customized digital experiences through personalized support, team collaboration, and sales optimization strategies, making it an ideal solution for adapting BSS systems to changing customer expectations.
Security Concerns
As people rely more on digital channels, the danger environment for cyberattacks evolves. Ensuring strong security safeguards to preserve product data and prevent service disruptions is a continuous task.
To solve this challenge, you can utilize our Axonect Customer Explore, a critical platform designed to address cybersecurity concerns.
CRM protects customer data and avoids service disruptions by offering a robust and seamlessly integrating with ecosystem partners. The efficient creation, configuration, and management of customer related information and services help to maintain a secure and resilient digital environment in the face of changing cybersecurity challenges.
Interrupted User-Centric Connectivity
This challenge refers to the need to ensure that services are delivered to end users in a seamless and uninterrupted manner, even during disruptions or outages. Specifically, addressing the need for seamless connectivity from a user-centric standpoint is a significant challenge.
We offer you, Axonect Device Entitlement Server, a strategic solution designed to address interrupted user centric challenges. This includes streamlining eSIM activation processes, improving Voice over WiFi (VoWiFi) and Voice over LTE (VoLTE) services, and delivering comprehensive administration configuration management.
Latest Trends in Digital BSS Solutions
Next, we will dive into the most recent trends in Digital BSS solutions, including advancements that are changing the landscape of digital business support systems.
AI and Machine Learning Integration
Integrating Generative AI with Digital BSS proved critical for improving content personalization and consumer engagement. Generative AI’s capacity to develop dynamic content depending on user behavior enables personalized promotional materials and product suggestions, hence optimizing marketing efforts. This technology also simplifies report development and analytics, giving useful information for informed decision-making.
Aligning Digital BSS systems with TMF Open Standards guarantees industry-wide interoperability and uniformity. This adherence to standards fosters smooth interaction with other systems, hence increasing scalability and efficiency in telecommunications operations. The combination of Generative AI and TMF Open Standards in Digital BSS represents a strategic development, increasing customer experiences and promoting easier interoperability across the sector.
Cloud-Native Solutions
Cloud-native solutions are a growing trend in digital BSS, taking advantage of cloud infrastructure to improve scalability, flexibility, and cost-effectiveness. These solutions are intended to integrate seamlessly with cloud environments, enabling dynamic scaling based on demand while reducing reliance on traditional on-premises hardware.
Real-time Analytics and Insights
Real-time analytics and insights have become critical in Digital BSS. Data analytics enables businesses to make customer-centric decisions, identify trends, and respond quickly to market changes. The incorporation of real-time analytics into the Axonect Self Care Application provides customers with up-to-date information, promoting a sense of control and satisfaction.
Conclusion
To summaries, digital BSS solutions play a critical role in revolutionizing customer experience in the telecommunications and digital services industries. ADL’ s Digital BSS Axonect products, which includes the Charging & Billing System, Customer Explore, Self Care Application, Enterprise Product Catalogue, and Device Entitlement Server, demonstrates a comprehensive approach to improving customer interactions.
References
Netcracker Digital BSS: Netcracker — Digital BSS
Comviva: Comviva : The Global Leader of Mobility Solutions
Telco BSS: Telco BSS: Challenges and solutions for growth and sustainability (telecoms.com)
You can visit www.axonect.com to know more about its Axonect Product Suite respectively.
