Telecommunications (Telco) Service Providers are among the most demanding customers in the world, managing billions of customers, devices, and dollars everyday. These Service Providers rely on Telecommunications Software Solution vendors – which provide the tools and solutions to keep the network alive, provide the best customer experience possible, and create the revenue streams for the Service Provider- to keep their businesses alive and relevant.
VoltDB got its start by providing an extremely fast and reliable database to telecommunications (telco) software solution providers. These vendors provide software to the major carriers of the world to support critical services within the operational support systems (OSS) and billing support systems (BSS) stack, including user authorization and authentication, policy management, call routing optimization, real-time billing, and other key functions.
As carriers evolve and compete to create new services and revenue streams, and improve services and reduce costs, they are moving to Network Functions Virtualization (NFV) and Software Defined Networks (SDN). In NFV and SDN environments, OSS/BSS capabilities run in a virtualized environment on commodity hardware rather than on expensive, proprietary, highly-specialized hardware and software stacks.
The move to NFV and SDN is not a mere architecture decision for CSPs – it is a revolutionary opportunity to create new business models, accelerate speed to market, reduce costs, and compete in an aggressive landscape. 5G will be the on-ramp to the IoT for telcos; NFV will provide the tools to handle and monetize the IoT‘s massive traffic.
VoltDB lies at the heart of enabling Communications Service Providers (CSPs) to successfully modernize their architectures from specialized OSS/BSS stacks to NFV, ensuring their competitiveness for the future.