OSS-BSS Software Market 2018-2025|Top Key Players like Comptel, Convergys, Oracle, Elitecore Technologies, HP Development Company, Subex Limited, and Wipro Limited
Operational Support System (OSS)
is specialized software that supports various components within a system, such
as network operations, service management, and provisioning services. Business
Support System (BSS) refers to software that handles operations such as
customer support processes, billing services, order management, and fraud
management.
The analysts forecast the global
OSS-BSS software market to grow at a CAGR of 14.59% during the period
2018-2025.
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Top Key Players:
Comptel, Convergys, Oracle,
Elitecore Technologies, HP Development Company, Intec Systems Ltd., Subex
Limited, Wipro Limited, Xalted etc.
North America, Latin America,
Asia-Pacific, Africa, and Europe have been examined by researchers to get an
analysis of technological advancements across the globe and their impact on the
OSS-BSS Software market. Among those regions, North America at the top level in
terms of production and Asia-Pacific is on the top in terms of consumption. Business
profiles of top manufacturers or service providers have been elaborated in the
research report. It includes informative data such as company overview, contact
details, specifications, and profit margin. In addition to this, it offers case
studies from various c level peoples. On the other hand, it gives a clear idea
of the financial aspects of the businesses.
Growth in adoption of cloud-based
BSS, drives the global OSS-BSS Software market. In addition, it provides
functions such as customer relationship management (CRM), business intelligence
(BI), and convergent billing. However, complexities in software implementation
impedes the market growth. Customized OSS-BSS software offers a major
opportunity for market expansion.
This report provides a comprehensive analysis of the following
terminologies:
-Different market segments and
sub-segments
-It offers a complete analysis of
changing competitive dynamics.
-It offers an elaborative summary
of promising global opportunities.
-Informative data on product
portfolio
-Exhaustive information on recent
technological advancements, standard operating procedures, tools, and
methodologies
-Detailed analysis of the
adoption of online platforms
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Further, the OSS-BSS Software market
report states that one challenge in the market is lack of internal expertise. However,
the services are becoming more complex because of the integration of different
telecom services and the additions of new and sophisticated features. Thus, the
operation of the services requires a trained and skilled workforce. In most
cases, the telecom operators that install these services in their BSS hire or
train employees for the operations.
The study was accompanied using
an objective combination of primary and secondary information including inputs
from key participants in the industry. The report contains a comprehensive
market and vendor landscape in addition to a SWOT analysis of the key vendors.
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