Amdocs : Monetizing the next generation of mobile networks

The world's leading service providers are working tirelessly towards the development and rollout of 5G networks. 5G networks will serve as the backbone for a new generation of services that require the higher bandwidth, lower latency and greater agility these networks have to offer. This new wave of advanced digital experiences and services - such as augmented reality, autonomous cars, and smart homes will have the power to transform our day-to-day lives in ways that are as impactful as the revolution given rise by the smartphone.

Critical to delivering these services is 5G network slicing capability, which will allow service providers to run multiple logical networks that meet the varying performance needs of different services. Network slices tailored to the requirements of specific services and users, Will become part and parcel of the service which they deliver, completely changing the value proposition and delivery of the services themselves.

There has been a great deal of focus on what services and use cases will be enabled by 5G, it's greater speed and power, its virtualized nature and its slicing capabilities. We are already seeing the beginnings of practical, public applications of the network, and the pace of those applications is due to ramp up dramatically this year. The Winter Olympics in South Korea offer telcos like KT to showcase their new 5G capabilities to give customers the kind immersive experiences that are possible with the new network technology. We have seen the announcement of early 5G use cases, like home broadband, which are expected to hit the market as soon as this year.

However, as we look to the actual physical rollout of these virtualized networks, one are which must be addressed sooner rather than later is how we monetize the new network. 5G services and the associated network slicing will change the way service providers monetize network and data access. Is an eGaming service with an associated network slice charged for data usage or is that part and parcel of the value proposition, and thus the pricing models of the service? This will only be more complicated as service providers add more partner services to their portfolio, each perhaps requiring a different slice and its own pricing model. And how do we assure that the different services being consumed over different slices do not impact performance of any other slice as we process the events as they are being charged?

It is for this reason that Amdocs has developed the industry's first 5G-ready OCS as part of our Digital Monetization solution. It enables the monetization of all product configurations that are made possible by the 5G ecosystem and 5G network slicing. This includes an innovative isolation mechanism which ensures that the level of activity in one network slice does not impact any other.

Our customers are leading the way in 5G deployment and in the way that 5G will shape the lives of their customers. We invite you to learn more about how Amdocs is helping service providers monetize 5G in our new whitepaper: Monetizing the Next Generation Mobile Network