MATRIXX Software offers 5G-compliant charging system enabling telecom companies to monetize 5G services

MATRIXX Software introduced on Thursday its initial 5G digital commerce platform including a 5G 3GPP-compliant Converged Charging System (CCS).

As 5G rolls out, Communication Service Providers (CSPs) are transforming their legacy billing and charging systems, ensuring they can fully monetize their network investments across consumer and enterprise while leveraging emerging devices and the Internet of Things (IoT). CSPs need 5G-ready solutions now so they can introduce new services and business models quickly and easily, an essential need in competitive markets and an imperative for full-scale 5G deployments.

The newly released MATRIXX Digital Commerce Platform delivers operational efficiencies and cost benefits by harnessing microservices and containers orchestrated with Kubernetes. It features open-source Cloud Native Computing Foundation (CNCF) components with web scale advantages enabling platform independence.

It also supports the full spectrum of monetization across 3G, 4G and 5G networks, providing a single platform on which operators can standardize their offerings while simplifying their IT infrastructure. The extreme scalability coupled with the business configurability of MATRIXX Digital Commerce enables new use cases requiring ultra-low latency and dynamic network slices, including right-sized Service Level Agreements (SLAs) and pricing.

Designed and built for the modern era, the multi-patented MATRIXX Digital Commerce Platform enables a digital-first reinvention of telco. Harnessing a cloud native architecture, it allows operators to scale a new generation of services quickly and effectively while ensuring the high availability of distributed systems. Built to scale for digital, 5G and IoT services, the MATRIXX Digital Commerce Platform provides operators the agility and elasticity needed to compete and win now and in the future.

This version of the MATRIXX Digital Commerce Platform release supports auto-healing; 3GPP-compliant 5G Convergent Charging (CHF/CCS); 3GPP-compliant 5G Services Based Architecture (SBA); real-time transaction processing for network events and digital channel engagements with an average latency of less than 10ms; and scalability with a cloud native architecture that supports stateful transaction processing for all events.

With MATRIXX Digital Commerce, CSPs can support dynamic and personalized offers across a range of use cases, such as enhanced mobile broadband that lets consumers access the fastest network speed when they need it most, for example, downloading a 4K UHD movie in seconds just before they get on a flight. It also delivers cloud-based gaming that provides cloud-based computing resources combined with high speed, low latency connectivity to deliver rich gaming experiences to a much wider audience.

The platform further boosts consumer IoT connectivity that encourage users to connect all their SIM and eSIM devices through multi-device discounts, shared balances, real-time alerts and usage controls; deliver hyper-segmentation of services that provide new service propositions that appeal to specific segments that can be created quickly, scaled to meet demand, then taken down when no longer needed; and enterprise IoT connectivity to enable enterprises with solutions that provide real-time product diagnostics, telemetry and other machine-to-cloud use cases.

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