Nokia launches enterprise edge charging software solution to drive monetisation capabilities for smart cities, utilities, and railway verticals, as part of company’s ongoing push into gaining position in enterprise sector. Using AI (artificial intelligence) and machine learning, enterprise edge charging gives enterprises more control over network data that is processed and analysed at edge, reducing processing costs and improving customer experience by avoiding slower latency that typically results when data needs to be sent to a far away centralised data centre.
Enterprise edge charging has an intuitive user interface to create pricing and market offers, thereby reducing time and cost required to set up and transact commercial opportunities. The solution is designed around a microservices based architecture that can be deployed in any cloud and infrastructure environment.
It can be sold direct to an enterprise or public sector entity focused on monetising their NCES (Nokia Enterprise Core Solutions) private wireless 5G network; or other vendor private wireless networks. Enterprise edge charging can also be sold to a communication service provider (CSP), which can charge their enterprise customers. The solution is expected to be commercially available by end of year.
Enterprise edge charging also comes equipped with Nokia’s monetisation manager, which increases rating and charging flexibility and accuracy; and moves beyond traditional charging capabilities into billing domain. In May, Nokia announced optimised core network software solutions for field and wide area network (FAN/WAN) needs of public safety and power utilities.
“Nokia’s Enterprise Edge Charging software is a significant announcement as it allows CSPs and enterprises to charge for services at the edge. This enables greater control and efficient charging for traditionally low business value devices and is quite timely given that 5G advanced, edge services and IoT applications are on the rise.” says John Abraham, principal analyst at Appledore.
“With more and more network functions moving to the edge, our new solution better positions Enterprises and CSPs to more flexibly and cost efficiently capitalise on network monetisation opportunities and to better address their customers’ evolving needs.” says Jonah Pransky, head of charging business line, cloud and network services at Nokia.
Comment on this article below or via Twitter: @VanillaPlus OR @jcvplus
