Ericsson gets recognition as Revenue Management Solution Leader

Ericsson has announced that it has been named by Analysys Mason as the worldwide product revenue leader in the firm’s annual report on the revenue management systems market.

According to the report, Ericsson has topped in the worldwide market share by revenue for prepaid billing as well as for mediation systems. Ericsson’s leading rankings reinforce the company’s dominant position in the expanding US$6.57 billion revenue-management market.

Justin van der Lande, Senior Analyst, Analysys Mason, stated, Ericsson’s significant worldwide installed base, global sales presence and established managed and professional services, contributed to the company’s market-share leadership position. Their comprehensive product portfolio and strong product platform that supports prepaid, contract, and convergent billing, combined with using its own services organization, offer customers a strong proposition in the market.

Operators are increasingly taking an end-to-end approach to their mediation, charging, policy, and billing needs to address evolving challenges around competition, high consumer demand for personalized services, and ARPU (average revenue per user). Our continued market share leadership reflects more than one thousand billing and revenue management solutions that we have deployed globally to help support more than 2 billion subscribers worldwide, said Per Borgklint, Head of Ericsson’s Support Solutions business.

Ericsson’s pre-integrated suite of BSS products and solutions are designed to support integrated, end-to-end business processes.