The billing system-also known as the business support system-is a vital tool for communications service providers. The system bills end customers and manages payments to service providers. Having an efficient, feature-rich and “smart” system is essential as technologies such as Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Internet of Things (IoT) and Advanced Analytics become more pervasive.
The network is the bedrock of nearly every significant innovation that we see around us. For example, the high-speed 4G network is making self-driving cars a reality, one of the biggest innovations of this era. A Deloitte report estimates that self-driving cars, enabled by wireless connectivity, will reduce emissions by 40% to 90%, travel times by nearly 40%, and delays by 20%. A 2013 study estimated that if 90% of vehicles were autonomous, it would save 21,700 lives and $447 billion per year.