Oracle Cloud Scale Monetization Release 15.0 – modern foundations for the future of communications
Oracle’s Cloud Scale Monetization suite serves leading digital service providers across the world, providing integrated charging, data mediation, billing and revenue management functions. The monetization suite enables the commercialization of modern communications networks by supporting an exceptional user experience from product launch to revenue to care.
Serving as the beating heart of any telecommunications business, Oracle’s Cloud Scale Monetization suite extracts and monetizes usage from the network, pumping revenue into the business, monitoring and managing products and balances, and enabling real-time customer experience and insights.
The foundation for future innovation in monetization
We don’t use the term “Cloud Scale” lightly; our charging and billing capabilities have been engineered and tested for efficient deployment and operation in today’s Kubernetes-enabled cloud compute environments at the scale demanded by the world’s largest service providers.
Supporting B2C and more complex B2B and B2B2X service and business models, the suite offers a:
Pre-integrated monetization technical product offer catalog
High-performance network usage charging and control
Comprehensive billing, financial management, and industry-aligned enterprise business systems integration capabilities
Usage Data Management and Billing Mediation
The general availability of Oracle Cloud Scale Monetization Release 15.0 marks a significant milestone for our customers and partners by providing a monetization platform geared towards the future of our industry and ready to take advantage of the innovations that Oracle has to offer from advanced cloud infrastructure and database technologies through to modern cloud native tooling and Artificial Intelligence (AI) services covering deep learning and Generative AI.
New features built on a strong architectural core
Release 15.0 provides many new enhancements covering network usage data management and control, elastic converged charging, and billing and revenue management. Some highlights include:
TM Forum aligned REST API support (based on TMF 622) for the Order-to-Bill process, including product offer purchasing, purchased service suspension, resumption, and termination.
TM Forum aligned REST API support for product catalog management (based on TMF 620), including the creation, retrieval, update, and deletion of product offerings, product offering prices, and product specifications.
64-bit support for all BRM components, including the Connection Manager (CM), the core business logic engine for BRM.
Cloud native enhancements, including base images stored in the Oracle Container Registry and cloud native support for the BRM SDK, enabling our customers to extend the product capabilities by more easily making and compiling customizations.
Technology support and certification updates, including Oracle Linux 8.7 and Oracle Database 19c.
Simplified BRM multi-schema deployment for large-scale deployments enabling easier horizontal scaling.
Product offer and discount offer enhancements, including enhanced support for purchasing the same product or discount multiple times (product stacking & spanning) with separate balances and support for full-day discounts.
Elastic Charging Engine enhancements covering product offer & balance spanning balance, refund management, balance query optimizations, Kafka-driven notifications, and observability enhancements.
Enhanced loan management, debt management, and closed user group/shared group support.
Focusing on the success of our customers
Oracle continues to invest in an exciting Cloud Scale Monetization roadmap with an eye toward the AI, B2B2X and 6G future. As we continue to evolve the features across our portfolio, we have placed great emphasis on providing a smooth upgrade experience for our existing customers, with comprehensive upgrade paths for all our customers who are deployed on Release 12.0 of our monetization suite.
Last, but by no means least, as a demonstration of our strong commitment to supporting our customers, Release 15.0 resets the Premier Support end date to November 2028 and the extended support end date to November 2031.
We are truly excited by this major release of our Cloud Scale Monetization Suite and would love to talk more about the extensive capabilities it can offer as you prepare to monetize the future of your business.
For further information about Oracle Cloud Scale Monetization Release 15.0 please see: https://docs.oracle.com/en/industries/communications/billing-revenue/15.0/index.html
Software Engineer at Intuit
1yInteresting
AI Cloud Data Architect | CIP-246761 | DAMA | OCIx9 | AWSx1
1yExcellent work!
Great insights here! Thanks for sharing, Tony.
Senior Technology Leader/Advisor | AI Consultant | IT Transformation | Artificial Intelligence | ODA | Enterprise Architect | 5G Monetization | Analytics
1yVery interesting