Global CSP Billing 2015 Edition Part 6: Global Business Drivers, Market Trends, and New Solution Strategies

Jan 14, 2016, 16:19 ET from Reportlinker

NEW YORK, Jan. 14, 2016 /PRNewswire/ -- 2016 Global Outlook for the Healthcare Industry : Value-Based Healthcare Transformation Drives Opportunity

In this research deliverable, Frost & Sullivan's senior analyst team across the healthcare sector provides bold perspectives and predictions for the industry in 2016. The markets covered include pharmaceuticals and biotech, medical devices, medical imaging, and healthcare IT, amongst others. The analysis captures the impact of trends that are expected to transpire over the upcoming year. 2016 is poised to be the year when the impact of value-based healthcare transformation will be felt by most. Accordingly, as organizations make shifts for the future, this study provides guidance on where to find the greatest opportunities for expansion.

- This Report – Global CSP Billing 2015 Edition Part 6: Global Business Drivers, Market Trends, and New Solution Strategies. This report defines the key business drivers and market trends relative to end-to-end billing, and those specifically for mediation, rating & charging, other core billing, policy, interconnect & settlement, and partner management.

Key insights include:

- Data Volumes and Technology Evolution – The changing global CSP market is still driven by increasing data volumes, evolution of both network and user device technology, as well as recent new business models for meeting end-customer needs. The communications industry is rapidly advancing from the delivery of just network technology services to one of partner ecosystems and complex business models.

- Monetization Systems and Processes Must Support New Business Concepts – For the first time in history, humans are now in a direct path with four categories of technology: devices, the cloud, connected machines, and applications. The monetization processes must support the way digital service providers engage customers with these technologies, rather than the billing systems and processes dictating what types of services these businesses can provide.

- New Business Models Are Working – Some regional markets, especially in the developing areas of Asia Pac and Africa, are using new monetization business models to change how services are provided. Most significant is the introduction of "time-based" mobile data access, rather than the industry-standard megabyte-based volume measure of usage pricing. Customer-centric services are advancing rapidly, due to the agility demonstrated by some monetization systems.

Read the full report:

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