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Real-Time Billing for Internet Protocol (IP) Services
5. Summary
The pace of change and innovation among Internet companies is astounding. A real time CM&B system is essential for IP service providers that must respond and adapt rapidly—in Internet time. Businesses that cannot act in real time will find themselves overtaken by competitors.Real time CM&B systems are designed specifically to support Internet services. Unlike traditional batch systems, real time systems meet the real time needs of Internet providers and subscribers. A real time system supports the creation and management of customer accounts; development, pricing, and provisioning of service offerings; and activity tracking, rating and billing. With a real time system, service providers can bring new services to market quickly, increase profitability, and improve customer satisfaction while reducing costs by managing services in real time.


