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Revenue Assurance, Fraud, Credit and Cost Management Solutions Market to Reach $562 Million by 2010
10/30/2006
According to a report by DITTBERNER Associates Inc., the Revenue Assurance, Fraud, Credit and Cost Management solutions market will grow to $562 million by 2010. The report says the growth comes as a result of competition in telecommunications which dictates that if service providers are to succeed in next-generation markets then revenue leaks, fraud and third-party/interconnect billing problems must first be tamed. Some of the findings in the report include: • Fraud management software vendors are exploiting new architectures that not only abstract fraud patterns across multiple types of networks, but also enable carriers to transparently exchange those patterns with one another. • Credit management solutions are enabling clients to configure credit strategies on the fly and “adapt” bad debt profiles in real time as customer behavior changes. • Wireless carriers who operate mature revenue assurance programs are looking to deliver “margin assurance” solutions, a crucial capability for monitoring the profitability of increasingly complex services and the way they are billed. DITTBERNER Associates Inc. www.dittberner.com
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