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(Marketwire Via Acquire Media NewsEdge) DUBLIN, IRELAND, April 29 / MARKET WIRE/ -- source
Openet, a provider of Transactional
Intelligence solutions for the world's largest and most innovative service
providers, today announces the availability of its Charging Gateway, an application based on its FusionWorks Product Suite(TM). The Charging Gateway
provides a high-availability, 3GPP charging standard compliant way to
collect, aggregate and store user session data in real time. The real-time
capture ensures revenue by bridging the network and the billing system,
keeping record delivery to the billing mediation solution alive in the
event of a network or mediation system outage or overload without risking
data loss.
Service providers are racing to deliver the profitable next-generation IP
services that are in such high demand from consumers and businesses. In
the rush to meet delivery needs and effectively manage network loads, the
vast number of increased records that come with these new IP-based sessions
are overwhelming legacy network and billing systems. These "dropped"
session records result in incomplete pictures of the transactions,
translating into significant lost revenue opportunities for service
providers.
Now with Openet's Charging Gateway, service providers have a
standards-based solution that leverages pre-selected, off-the-shelf
hardware to
cost-effectively address this gap in network billing coverage. The Openet
Charging Gateway brings high-availability "store-and-forward" capabilities
that bridge the core network to the billing mediation solution and reduce
the risk of revenue loss. Because it's built on FusionWorks, the Openet
Charging Gateway solution delivers superior scale, availability and
performance, bringing peace of mind to providers that all of their network
usage data will be stored until delivery to the mediation system is
possible.
"Maximizing network performance and revenue opportunities through the
Transactional Intelligence our products provide drives every offering
Openet delivers to the market," said Mike Manzo, chief marketing officer ofOpenet. "The Charging Gateway is a prime example of how well we understand
Tier 1 service providers' infrastructure needs, and how we tailor specific,
scalable answers to address the challenges inherent in the increase in
sessions, traffic and data that come with delivering today's IP-based
services."
About Openet
Openet is a leading worldwide provider of event processing and transaction
management solutions. The Transactional Intelligence of the company's
solutions extracts increased value from diverse service provider networks,
enabling rapid introduction of new services and reliable, cost-effective
management of existing services. Openet is focused on delivering
best-in-class network edge solutions and specialized engagement processes
that create business value from network activity. A global company,
Openet's implementations include long-running engagements with the world's
leading service providers such as BT, at&t and Verizon Wireless. For more
information, visit www.openet.com.
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