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Large opportunity for revenue-assurance (RA) external spending as carriers estimated revenue leakage to be as much as 15 percent.
(PRWEB) July 14, 2004 -- Research and Markets announces the addition of this new report entitled "Independent Software Vendors Eye Large Opportunity for Revenue Assurance" to its offerings.
For several years, the communications industry debated the percentage of revenue carriers that were unable to bill their customers-known now by the infamous term "revenue leakage." Estimates ranged from 1 to 2 percent to as much as 15 percent.
If carrier estimates for revenue leakage are accurate, the carrier opportunity for leakage recapture is between 2 and 7 percent. In industry-level dollars, this equates to anywhere between $26 billion to $91 billion, given a global communications market size of $1.1 trillion.
However, even at $26 billion, the problem is enormous. From the vendor perspective, the opportunity for revenue-assurance (RA) external spending is quite large, provided vendors share a portion of the savings realized and carriers migrate their revenue-assurance spending from internal to external sources. Based onconservative assumptions, the market opportunity for revenue-assurance spending is between $2.6 billion and $4.6 billion.
This report examines the suppliers of revenue-assurance products with particular emphasis on those that provide software products rather than those that provide services and process consulting. It also examines and refines the functional components of a revenue-assurance solution and a road map for a complete revenue-assurance product.
For a complete index of this report click on http://www.researchandmarkets.com/reports/219739
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