Nokia, the Finnish telecom manufacturer, revealed on Tuesday that its cloud-native convergent charging solution for communications service providers will be introduced in collaboration with Amazon Web Services (AWS) (CSPs).
Nokia Converged Charging (NCC) is a containerized network feature (CNF) on AWS that is said to provide continuous availability, supporting the high frequency, low-latency demands of an always-on, convergent charging device.
According to Nokia, this will enable CSPs to tap new business opportunities from 5G technologies like differentiated pricing, network slicing, and a variety of product range.
SaaS and public cloud will make inroads into the market for monetization platforms by growing more than 6.5X from 2019 to 2025 and increase its share to over 14% of the total spend,” according to Analysys Mason.
“We are pleased that Nokia is expanding its relationship with AWS by offering its cloud-native convergent charging system on AWS and connecting it to various services, such as with analytics to pioneer new monetization schemas,” said Fabio Cerone, EMEA Telco Managing Director at AWS.
“The technological barriers of deploying charging systems on the public cloud, such as network latency, are decreasing rapidly due to faster-dedicated connections and far edge CNF deployments; while the advantages, such as having the ability to grow capacity for one-off short-range events, are increasing. We’re pleased to be furthering that process with Nokia Converged Charging’s deployment on AWS,” said Udi Israel, Head of Digital Business Product Line, Cloud and Network Services at Nokia.