Amdocs, a top supplier of services & software to media & communications firms, said that it has successfully acquired TEOCO's service assurance division. Through this acquisition, Amdocs will be able to offer service providers a distinctive end-to-end service orchestration solution, guaranteeing service quality and allowing for the monetization of dynamic, next-generation customer experiences.
Hewlett Packard Enterprise has unveiled a new 5G software solution that expands on the company's current 5G offering by bringing fully integrated automated management. With a zero-touch, closed-loop system, HPE 5G Automated Assurance and a new 5G capability for HPE Service Director combine to simplify 5G network management and lower deployment risks.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3493
Published Date: Nov 30, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing advanced technologies, rising demand for revenue assurance solutions, and increasing use in telecom industry are the major factors driving the growth of the revenue assurance market.
The market size of revenue assurance is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2024-2036.
The major players in the market are InfoVista Ltd, Amdocs Ltd., Hewlett Packard Enterprise, Coupa Inc., Mobileum Inc., Japan Cloud, Okta, Inc., Teradata Corporation, NTT Corporation, Hitachi Ltd and others.
The solutions segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.