Revenue Assurance Market to Reach $432 million in 2008: Markets Future Tied to Next Generation Services Arrival

According to Dittberner Associates Inc., newest research the worldwide revenue assurance/cost management market will grow to US$432 million in 2008, from an estimated $396 million dollars in 2004.

Bethesda, MD (PRWEB) March 30, 2005 -- According to Dittberner Associates Inc., newest research the worldwide revenue assurance/cost management market will grow to US$432 million in 2008, from an estimated $396 million dollars in 2004.

The revenue assurance function sits halfway between a carriers OSS/BSS systems and its internal audit department. Rather than reconcile the accounting books, revenue assurance worries about the accuracy and effectiveness of customer- and network- facing systems like billing, mediation, provisioning, collections, and interconnect settlement.

A healthy revenue assurance software and consulting market emerged shortly after the telecom recession hit. Unbridled network expansion during the dotcom years led to widespread data integrity problems and careless operational processes. Thus, revenue assurance systems proved a perfect antidote for the times, helping telcos plug revenue leaks, clean up error-prone inventories, and boost bottom lines without spending new money on networks or marketing.

While the revenue assurance market growth has recently flattened as vendors have either left the scene or been swallowed up by competitors, Dittberner foresees good years ahead, especially as next generation networks (NGN) arrive.

Its the calm before the storm," says Dan Baker, Dittberners director of OSS/BSS research. A temporary need for Sarbanes-Oxley solutions kept the market out of the doldrums in 2004. In a couple of years we see the market climbing again as telcos seek help assuring their new VoIP, 3G wireless, and fixed/mobile convergence networks," he adds.

According to Dittberner, the NGN challenge is two-fold. First, the number of services, inter-carrier agreements, and content partners in an NGN network could expand one hundred-fold, making NGN all the harder to audit. Second, NGN takes telecoms out of the familiar, slower-paced circuit-based world and into real-time 3G and IP environments that require highly sophisticated audit controls.

Dittberner predicts strongest growth will occur in the interconnect billing, wireless billing, and corporate contract audit segments that will capture than half the market in 2008 (see Figure below).

Details on the revenue assurance markets growth prospects, trends, and leading suppliers are provided in Dittberners annual research service, the OSS/BSS KnowledgeBase.

About the OSS/BSS KnowledgeBaseTM

Dittberners OSS/BSS KnowledgeBaseTM is a market research service designed to track the growing number of emerging OSS/BSS vendors and solutions: over 150 OSS/BSS vendors already exist. For carriers, the KnowledgeBase provides lessons learned and vendor selection advice to lower risk. Vendors learn about carrier priorities, competitive threats, and niche market opportunities.

About Dittberner Associates, Inc.

Founded in 1966, Dittberner Associates, Inc. is an international market research and consultancy with over 70 Telecom Service Providers, and in excess of 100 telecom suppliers as clients. The firm specializes in areas of OSS/BSS, NGN Switching, Broadband Access, and Wireless market segments. For further information on this topic or to learn more about the on-going DAI Perspective multi-client subscription programs, please contact us at info@dittberner.com or visit the companys website at www.Dittberner.com Tel: +1 (301) 652-8350 Fax: +1 (301) 657-8084

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