Nexign introduces new product enhancements

Nexign, a Business Support System (BSS) and Internet of Things (IoT) platform provider, has announced new capabilities to its product portfolio that will empower communications service providers (CSPs) to build digital partnerships and collaborate more efficiently, with other industry players, on a global level.

This will enable CSPs to create new business models, accelerate time-to-market (TTM) for new advanced products and services and reduce total cost of ownership (TCO) by up to 25%, all while improving the overall user experience. As a result, end-users will benefit from personalisation, optimisation and expanded service offerings from CSPs.

“Ecosystems are at the heart of what makes a digital service provider (DSP) truly successful. To this end, in order to enable a value-driven ecosystem around its core offerings, operators must have the platforms in place that can not only seamlessly onboard new partners and enable them to offer their services, but also offers true value to partners that choose to be part of the operator ecosystem. This makes partnerships and ecosystems absolutely critical for operators,’’ said, John Abraham, principal analyst at Analysys Mason while commenting on the importance of collaboration in the telecoms sector.

The latest functionalities in Nexign’s product portfolio that will support CSPs in entering new types of partnerships include:

“The growing demand from subscribers for more varied and personalised offerings, coupled with the increasing importance of the B2B2X business model, requires operators to diversify their revenue streams by unlocking the opportunities offered by IoT, 5G and blockchain. At the same time, the pressure to reduce TCO is driving operators to embrace cloud and virtualisation,’’ said Loukas Tzitzis, Chief Products and Marketing Officer at Nexign.

This, he said, is not possible without efficient collaboration. With the new capabilities of the Nexign product portfolio, CSPs will be able to seamlessly and efficiently build global partnerships and capitalise on the many benefits of an open ecosystem including business agility, accelerated integration, increased value and TCO optimisation.”