DigitalRoute and MetraTech have teamed up to help communications service providers with the monetization of next-generation services, including M2M and Intenet of Things (IoT) applications delivered over LTE networks.
The companies say they are already providing cloud-based metering, charging and billing services to a North America tier-one customer and aim to expand their offerings for other players as technologies like software-defined networking (SDN) and network functions virtualization (NFV) gain traction.
Under the tie-up, DigitalRoute (Stockholm, Sweden) will pair its MediationZone platform with MetraTech’s (Waltham, MA, USA) MetraNet solution.
MediationZone is designed to bridge the components in any type of network architecture and allow systems to more easily communicate with one another, while MetraNet is described as a “metadata-based architecture”, ensuring that M2M and IoT services can be launched across a number of vertical markets, such as communications, transportation and finance.
MetraTech says that MetraNet can also be used to support cross-product discounting and bundling.
Taking advantage of the combined offering, service providers will be able to reduce time to market and monetize new 4G-based services that make use of SDN and NFV technologies, say the companies.
According to DigitalRoute and MetraTech, service providers using traditional billing systems in existing silos cannot easily increase the pace of service introduction.
“DigitalRoute is well-positioned to meet the changing needs of a communications marketplace that will, in the future, rely on automated data management functions to address a growing number of customer-centric business issues,” said Karl Whitelock, director of OSS BSS strategy at Stratecast/Frost & Sullivan.
Johan Bergh, the chief executive of DigitalRoute, believes the two companies complement each other culturally as well as technically.
“MetraTech’s expertise in enabling next-generation services and commerce combined with DigitalRoute’s market-leading data-processing platform will enhance the value both companies bring to communications service providers,” he added.