Buzzinbees analyzed the SIM card life cycle together with operators and partners. They calculated that millions of SIM cards get lost or expire every year, representing a significant dead cost for operators.
Furthermore, operators need to face ever more rigid telecom regulations (e.g. phone number management or subscriber identification).
“Whether you believe the 50 billion connected devices forecasted by AT&T by 2020 or the 1 trillion connected devices projected by IBM for 2015, it is safe to say that M2M is an exploding marketplace that brings new challenges and opportunities to companies worldwide” (Kontron).
Operators need convergent charging for voice, messaging and
value-added services to offer competitive tariff plans. For both prepaid
and postpaid subscribers, they have to track precisely and in real-time
the consumption of multiple services to avoid revenue leakage.
Operators must also ensure that subscribers using value-added
services get fairly and accurately charged for what they use.
By allowing operators to use the cheapest SIM cards at no activation cost, Buzzinbees’ machine to machine (M2M) service platform eliminates the barrier-to-entry for device network-enablement. It expands uptime reliability, improves customer service and creates a multitude of new revenue-generating opportunities.
For operators to provide end users with competitive tariff plans for multiple services, Buzzinbees offers real-time charging mediation. Buzzinbees enables flexible and scalable M2M commercialization by integrating charging control in the core of the network.