Ericsson and WeDo Technologies have joined forces to create a new risk management and revenue assurance offering for operators.
The two vendors are combining parts of their existing product portfolios in an attempt to address a range of risks related to business and operational processes, such as product, customer and partner management, order management and provisioning.
In particular, they said they were targeting digital revenue streams and margins.
WeDo’s RAID software platform will be integrated with Ericsson's Risk and Business Assurance, OSS/BSS, Consulting, Systems Integration and Security Manager services.
The new solution claims to enable “near real-time response” to risks.
João Moita, Vice President Global Sales & Delivery at WeDo Technologies said: "This unique global partnership, between Ericsson and WeDo Technologies allows for the delivery of immediate and tangible results, which is highly valued in today's dynamic digital world.
“Through real time detection that prevents, corrects and recovers revenue and opportunity loss, the telecom operator can now fully explore and maximize on its digital transformation efforts, whilst safeguarding its revenue stream."
Raoul Vandenbulcke, Head of Fulfilment, Assurance & Billing, Business Unit IT & Cloud at Ericsson, added: "Our partnership with WeDo Technologies enables us to provide more value to our customers while supporting them during their transformation journey to innovate, explore and monetise within the digital ecosystem.”