Dublin, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/wrx63s/ossbss_software) has announced the addition of the "OSS-BSS Software Market in India 2012-2016" report to their offering.
TechNavio's analysts forecast the OSS-BSS Software market in India to grow at a CAGR of 16.49 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of convergent billing systems. The OSS-BSS Software market in India has also been witnessing the increasing demand for customized OSS-BSS software. However, the difficulty in integration of OSS-BSS software with existing telecom systems could pose a challenge to the growth of this market.
Key vendors dominating this space include Amdocs Ltd., Comverse Technology Inc., CSG Systems International Inc., Elitecore Technologies Pvt. Ltd., and Ericsson (LM) Tel-Sp Adr.
Other vendors mentioned in the report are Comptel Communication Oy., IBM Corp., Nokia Siemens Networks BV, Oracle Corp., Subex Ltd., and Tech-Mahindra Ltd.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''Telecom operators in India are shifting their focus from a technology-centric business model to a customer-centric one. Hence, the adoption of customized OSS-BSS software will enable telecom operators to offer bundled services, thereby enhancing user experience at every touch point. The critical OSS-BSS functions such as CRM, BI, convergent billing, and revenue assurance have a high requirement for customized software. The CRM and BI solutions are aimed at enhancing customer relationships, where the metrics for customer satisfaction and marketing intelligence are changing frequently with various offerings. Hence, telecom operators are adopting customized OSS-BSS software that has the flexibility to accommodate changes. Hence, the increasing demand for customized OSS-BSS software is an emerging trend in the market.''
For more information visit http://www.researchandmarkets.com/research/wrx63s/ossbss_software
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.