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BSS (inc. billing, revenue assurance)

Oracle Offers Next-Gen Billing

REDWOOD SHORES, Calif. -- Oracle today announced the availability of Oracle Communications Billing and Revenue Management Release 7.3. The new release includes a comprehensive, real-time systems management console and a performance optimization dashboard that enables service providers to experience unmatched application performance and availability. In addition, this release includes a productized integration with HP OpenView enterprise management software.

Release 7.3 builds on the proven real-time billing and revenue management platform developed by Portal Software and deployed in more than 450 installations worldwide. It enables service providers to radically improve time to market of new services, build stronger brands and lower operational costs, by managing, monetizing and maximizing each revenue stream for any customer type, service offering, partner relationship, payment method, business model or geography.

“Release 7.3 delivers a new level of control, efficiency and insight to our customers,” said Bhaskar Gorti, Senior Vice President and General Manager of the Oracle Communications Global Business Unit. “Given the rapid pace of change and the complexity of managing convergent services and customer relationships, service providers must be empowered to maximize each revenue opportunity, while driving costs and risk out of their systems. Release 7.3 was engineered with this in mind.”

Oracle Corp. (Nasdaq: ORCL)

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